SEB forms unit for investments in green technology
Press releaseStockholm, 17 September 2020 SEB is forming a new unit within the bank that will invest venture capital in green technology to contribute to a sustainable transition.The green technology sector is undergoing rapid development and will play a key role in the transition to a more sustainable society. However, there is a shortage of venture capital in the sector as investments in new, green technology often take a longer time to develop and mature than traditional venture-capital investments. SEB has therefore created a new unit, SEB Greentech, to support Nordic companies