Biotech company Arevo raises € 6,6 million

Investment round to scale Arevo's proven research-based technology for climate-friendly cultivation is led by Industrifonden alongside existing owners including Navigare Ventures and Fort Knox Umeå, March 26 2024. Swedish biotech company Arevo AB has secured a € 3,1 million investment from new investor Industrifonden. Existing owners Navigare Ventures, Fort Knox, Stora Enso and Kempestiftelserna have also injected a further € 3,5 million into the growing business. The capital will be used to scale up the company’s operations and its portfolio of 58 patents built on award-winning research