About SweTree
SweTree is a company based in Umea (Sweden) founded in 1999.. SweTree has raised $19.27 million across 4 funding rounds from investors including STORA ENSO, Sveaskog and Holmen. SweTree offers products and services including Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones. SweTree operates in a competitive market with competitors including Benson Hill, Cibus, Pairwise, Inari and Ceres, among others.
- Headquarter Umea, Sweden
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Sectors
HealthcareAgriculture
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Swetree Technologies Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.27 M (USD)
in 4 rounds
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Latest Funding Round
$10.73 M (USD), Series B
Jun 01, 2008
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Investors
STORA ENSO
& 4 more
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Employee Count
Employee Count
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Products & Services of SweTree
SweTree offers a comprehensive portfolio of products and services, including Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Technology for enhancing tree genetics sustainably in forestry.
Automated process for efficient plant propagation in biotechnology.
Development of superior poplar clones for biomass enhancement.
Funding Insights of SweTree
SweTree has successfully raised a total of $19.27M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $10.73 million completed in June 2008. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $10.7M
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First Round
First Round
(01 Jun 2001)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2008 | Amount | Series B - SweTree | Valuation |
investors |
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| Jun, 2005 | Amount | Series A - SweTree | Valuation |
investors |
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| Jun, 2002 | Amount | Unspecified - SweTree | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SweTree
SweTree has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include STORA ENSO, Sveaskog and Holmen. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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The Kempe Foundation is focused on preventing child abuse.
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Founded Year | Domain | Location | |
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Paper and paperboard manufacturing is conducted by Holmen in Sweden.
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Founded Year | Domain | Location | |
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Forestry business management and services are provided by Sveaskog.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SweTree
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SweTree
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swetree Comparisons
Competitors of SweTree
SweTree operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Benson Hill, Cibus, Pairwise, Inari and Ceres, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of plant-based food ingredients
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| domain | founded_year | HQ Location |
Gene editing solutions are provided for agriculture.
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| domain | founded_year | HQ Location |
New crop varieties are developed using gene-editing for agrigenomics.
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| domain | founded_year | HQ Location |
Breeding technology is provided by Inari to design seeds.
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| domain | founded_year | HQ Location |
Beers are produced and branded by Ceres in Italy.
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| domain | founded_year | HQ Location |
Production and distribution of GM and non-GMO seeds and other farm inputs
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about SweTree
When was SweTree founded?
SweTree was founded in 1999 and raised its 1st funding round 2 years after it was founded.
Where is SweTree located?
SweTree is headquartered in Umea, Sweden.
Is SweTree a funded company?
SweTree is a funded company, having raised a total of $19.27M across 4 funding rounds to date. The company's 1st funding round was a Unspecified of $1.6M, raised on Jun 01, 2001.
What does SweTree do?
SweTree Technologies is a biotech company providing products and technologies to improve the productivity and properties of forest trees so as increase the amount of biomassfiber produced per hectare. The company engages in developing poplar breeding program to select climate-adapted clones for Scandinavia and Baltic region. It has also developed an automated in vitro Somatic Embryogenesis (SE) technology for production of Elite Norway spruce plants, to retain benefits of breeding and to reduce the shortage of natural seeds. The company has spun out a separate company Cellutech AB which will focus on developing new materials based on cellulose. Apart from that, the company has also developed arginine based nitrogen fertilizers and a proprietary technology based on D-amino acids to selected genetically transformed plant tissue. SweTree Technologies was founded as a joint initiative between Teknikbrostiftelsen in Umeå, Sweden and the company Woodheads AB.
Who are the top competitors of SweTree?
SweTree's top competitors include Benson Hill, Cibus and Inari.
What products or services does SweTree offer?
SweTree offers Precision Breeding, Automated Somatic Embryogenesis, and Poplar Elite Clones.
Who are SweTree's investors?
SweTree has 5 investors. Key investors include STORA ENSO, Sveaskog, Holmen, Bergvik Skog, and The Kempe Foundation.