Radar › Companies › Bioenergy · Sweden
Radar · Bioenergy in Sweden

Best Bioenergy Companies in Sweden

The 53 best Bioenergy companies in Sweden in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Bergvik Skog.

53companies tracked
$183.5Mdisclosed funding
0unicorns
15have raised
Sources & further reading
  • Bioenergy Market in the Renewable Electricity Industry to grow by USD

Ranked: Best Bioenergy companies in Sweden

#CompanyDisclosed fundingLast roundStageFounderFoundedTech stackPatents & IP focusRecent signals
1Bergvik Skog
Producer of wood products & seedlings
$136M145 mo agoAcquired—2004———
2Chemrec
Biofuel from pulp and paper biomass
$20M211 mo agoDeadpooled—1987—49 patents
Design of pressure‑absorbing reactors and chemical barriers for biomass/black‑liquor gasification
—
3Mantex
Developer of X-ray systems for biomass and pulp analysis
$13M97 mo agoPublicMax Gerger
CEO
2007WordPressMySQLPHP+1470 patents
Biomass composition analysis via X‑ray transmission and fluorescence measurement systems
1 launch
4REAC Fuel
Technology provider for biofuels
$6M188 mo agoAcquiredAnders Carlius
Founder & CEO
2006—42 patents
Hydrothermal liquefaction of biomass to produce bio‑oil and methane gas
—
5Ligna Energy
Developer of bio-based supercapacitors for sustainable energy storage in electronics
$5M37 mo agoSeedPeter Ringstad
CEO
2017WordPressPleskMySQL+3011 patents
Lignin-based polymer electrolytes and electrodes for high-performance aqueous supercapacitors
1 partnership
6Biokraft
Producer of circular bioenergy and plant nutrition by recycling organic waste
$2M130 mo agoFunding Raised—2009———
7NeoZeo
Developer of biogas upgrading modules for small- and medium-scale applications
$870K114 mo agoSeedPetr Vasiliev
Co-Founder & CEO
2010—10 patents
Manufacturing silicoaluminophosphate zeolite A sorbents for adsorption/separation applications.
—
8RenFuel
Developer of biofuels and bioplastics from lignin
$595K31 mo agoFunding RaisedSven Lochen
CEO
2012———
9Taurus Energy
Technology developer for bioethanol
$224K134 mo agoPublic—2007———
10Biofrigas
Technology developer to convert raw biogas to liquid
$161K110 mo agoPublic—2011Microsoft ASP.NETBootstrapAmazon ALB+15—1 partnership
11Sunpine
Producer of second generation fuels
$123K61 mo agoFunding RaisedLars Stigsson
Founder
2005WordPressApple iCloud MailMicrosoft 365+1490 patents
Refining tall oil into diesel fuels and sterol chemicals via continuous fractionation
—

Top 12 Bioenergy companies in Sweden

#1
Seed · Norrkoping, ostergotland County · founded 2017
$5.3Mraised
▾

Developer of bio-based supercapacitors for sustainable energy storage in electronics. These supercapacitors address the need for eco-friendly energy storage solutions. The supercapacitors are designed for integration with energy harvesters to eliminate battery replacements. The company focuses on sustainable power for use in intelligent electronic devices.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 6.4% of this cohort's audience
Activity: 1 partnerships (incl. ePaper Industry Alliance (EPIA)) announced in 12 mo
Funding rounds
  • 2023Seed$1.7M
  • 2022Grant (prize money)—
  • Feb 2022Seed$1.5M
  • Feb 2018Seed$1M
Founders & team
Peter RingstadCEO
Investors
Klimatet Invest, Eureka, Ynvisible
Tech stack
BootstrapCloudflareCloudflare Bot ManagementCookiebotCore-JsFacebook Pixel
#2
Funding Raised · Stockholm, Stockholm County · founded 2012
$595.2Kraised
▾

Developer of biofuels and bioplastics from lignin. It converts lignin, a byproduct of the forest industry, into renewable lignin oil (Lignol®) using a patented, energy-efficient process. This Lignol® can be refined into a fossil-free drop-in fuel for gasoline, diesel, and jet engines. Additionally, the company's patented technology transforms lignin into bio-based plastics, offering alternatives to fossil-based plastics. These bioplastics are technically equivalent to their fossil counterparts but have a reduced carbon footprint.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 3.2% of this cohort's audience
Activity: 1 partnerships (incl. lignin-focused consortium) announced in 12 mo
Funding rounds
  • Dec 2023Grant (prize money)$480K
  • Nov 2018Grant (prize money)$56.9K
  • Jun 2018Grant (prize money)$58.3K
Founders & team
Sven LochenCEO
Investors
EIC Fund, Europa, Swedish Energy Agency
Tech stack
WordpressMysqlPhpAstraUikitElementor
#3
Acquired · Falun, Dalarna County · founded 2004 · 123 employees
$135.5Mraised
▾

Bergvik Skog is a forest owning firm in Europe, engages in the production of wood products & seedlings. Apart from operating 3 nurseries, it also develops wind farms and leases land & water for wind turbines, hunting and fishing. It provides land for various other purposes like extraction for gravel, electricity and telecom lines, mobile phone masts, road easements, housing leases, and boat sites through agreements.

Funding rounds
  • May 2014PE$135.5M
Investors
STORA ENSO, Forestum Capital
#4
Public · Stockholm, Stockholm County · founded 2007 · 5 employees
$12.5Mraised
▾

Developer of X-ray systems for biomass and pulp analysis. These systems provide real-time analysis of moisture and ash content in various materials, enabling optimized industrial processes. The technology improves efficiency and reduces waste in bioenergy and pulp and paper production. Products include the Biomass Analyzer for biomass quality assessment and the FlowScanner for real-time wood chip analysis in pulp production. The company partners with manufacturers for production.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.1% of this cohort's audience
Activity: 1 product launches announced in 12 mo
Funding rounds
  • May 2018Grant (prize money)$1.9M
  • Apr 2016Series A$1.2M
  • Mar 2015Grant (prize money)$1.8M
  • Jun 2013Series A$4.6M
Founders & team
Max GergerCEO
Investors
Pegroco Invest, Europa, Innogy Venture Capital, Industrifonden, Swedish Energy Agency, Sting
Tech stack
WordpressMysqlPhpKinstaCloudflareHttp/3
#5
Deadpooled · Stockholm, Stockholm County · founded 1987 · 1 employees
$20Mraised
▾

Developer of manufacturing technology for biofuels. The company provides a proprietary black liquor gasification technology that can be used to convert pulp and paper mills into biorefineries. The company's processing technology is used to create a synthetic gas product that can be converted into low-carbon fuels and chemicals, such as synthetic gasoline & diesel.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 285 LinkedIn followers
Investors
ETF Partners, VantagePoint Capital Partners
Tech stack
VarnishApache Http Server
#6
Acquired · Lund, Skane County · founded 2006 · 11 employees
$6Mraised
▾

REAC Fuel is a biofuel company that has developed a new method for converting biomass to liquid fuel. The technology converts lignocellulosic biomass or waste stream containing cellulose to sugars, chemicals, and liquid fuels. It was acquired by Renmatix.

Funding rounds
  • Nov 2010Series A$4.5M
Founders & team
Anders CarliusFounder & CEORune EkmanCo-Founder & CTO
Investors
VantagePoint Capital Partners, Sustainable Technologies Fund
#7
Funding Raised · Stockholm, Stockholm County · founded 2009 · 23 employees
$2.1Mraised
▾

It is a Nordic greentech company that specializes in producing circular bioenergy and plant nutrition by recycling organic waste. They are one of the largest biogas producers in the Nordics and are committed to contributing to a sustainable transition from fossil to renewable energy.

Funding rounds
  • Sep 2015Grant (prize money)$2.1M
Investors
Europa
#8
Seed · Stockholm, Stockholm County · founded 2010 · 2 employees
$870.2Kraised
▾

Developer of biogas upgrading modules for small- and medium-scale applications. These modules enable the production of high-value biomethane, a clean fuel and energy source, from raw biogas. The technology utilizes unique adsorbents and is based on extensive research and technological advancements. The modules are designed for use in settings such as farms and small municipalities.

Funding rounds
  • Dec 2016Seed$54.2K
  • Jun 2016Grant (prize money)$55.9K
  • Jan 2014Seed$816K
  • Aug 2012Seed—
Founders & team
Petr VasilievCo-Founder & CEO
Investors
Vinnova, Europa, Imprimatur Capital Fund Management
#9
Funding Raised · Pitea, Norrbotten County · founded 2005 · 60 employees
$122.8Kraised
▾

Sunpine is a company based in Sweden that produces diesel and renewable fuels. Uses residual materials from paper and pulp production as feedstocks. Products include Bio-oil for heating and district heating purposes, turpentine oils, pine diesel, resins and others. Claims to produce 100M litres of pine diesel and 50k tons of fuel oil annually.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 6.0% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Supply Chain Controller
Activity: 2 expansions announced in 12 mo
Funding rounds
  • Jun 2021Grant (prize money)$122.8K
Founders & team
Lars StigssonFounderMagnus Edin CEO
Investors
Europa
Tech stack
Apple Icloud MailGoogle Tag ManagerHstsHttp/3LitespeedLitespeed Cache
#10
Public · Gothenburg, Vastra Gotaland County · founded 2011 · 2 employees
$160.6Kraised
▾

Biofrigas manufactures commercially scalable biogas plants with their proprietary technology to upgrade and liquefying biogas for small-scale production in agriculture and small treatment plants. They convert manure , sewage sludge or waste into raw biogas. TheirLBG (Liquified biogas) plants cool raw gas down to -162 ° C to convert biogasto liquid form which can be effectively transported with reduced volume.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers — 2.2% of this cohort's audience · 53 engagements/post (1.6× cohort median)
Activity: 1 partnerships (incl. Biofrigas) announced in 12 mo
Funding rounds
  • Apr 2017Grant (prize money)$54.5K
  • Feb 2017Grant (prize money)$53.8K
  • Jan 2017Grant (prize money)$52.3K
  • Seed—
Investors
EIC Fund, Europa, Chalmers Ventures, Almi Invest
Tech stack
Amazon AlbAmazon Web ServicesBootstrapCloudflareCloudflare Bot ManagementCloudflare Browser Insights
#11
Public · Gothenburg, Vastra Gotaland County · founded 2007 · 3 employees
$224Kraised
▾

Taurus Energy developed a method for the production of bioethanol using forestry and agricultural waste. Their method is protected by 13 internationally patented microbiological processes to produce ethanol using renewable raw materials, including straw, stalks from maize and sunflowers, and waste materials. The process involves pre treatment of raw material, hydrolysis, Taurus Energy’s patented fermentation XyloFerm® and distillation.

Funding rounds
  • May 2015Grant (prize money)$224K
Investors
Europa
#12
Deadpooled · Karlstad, Varmland County · founded 2016
$33.7Kraised
▾

Drinor is developing and commercializing a large-scale commercialization of a novel and energy-saving process that drains the biomass. Drinors technology is based on a simple principle in which the material is pressed in a roll nip, about half of the water is squeezed out mechanically. This provides significant energy savings and increases the capacity in existing facilities when compared to thermal principle. The Continuous Dewatering Press (CDP) is a multi-tool with many uses since it can dewater various materials. Drinor currently focusses on the pellet market.

Funding rounds
  • Jul 2016Grant (prize money)$33.7K
Founders & team
Alexander ThelanderCo-FounderCarl RomlinCo-Founder
Investors
Vinnova
Tech stack
VarnishApache Http ServerGoogle Font Api

Funding & investor landscape

$183.5Mtotal disclosed funding
12companies funded
24disclosed rounds
0rounds last 90 days
Most active investors
Europa8 rounds
EIC Fund3 rounds
Arctic Business2 rounds
Forestum Capital2 rounds
PEQ Invest2 rounds
Swedish Energy Agency2 rounds
VantagePoint Capital Partners2 rounds
Vinnova2 rounds
Almi Invest1 rounds
Beijer Ventures1 rounds

Notable founders

Peter Ringstad
CEO · Ligna Energy
Sven Lochen
CEO · RenFuel
Max Gerger
CEO · Mantex
Anders Carlius
Founder & CEO · REAC Fuel
Rune Ekman
Co-Founder & CTO · REAC Fuel
Petr Vasiliev
Co-Founder & CEO · NeoZeo
Lars Stigsson
Founder · Sunpine
Magnus Edin
CEO · Sunpine
Alexander Thelander
Co-Founder · Drinor
Carl Romlin
Co-Founder · Drinor
Erik Danielsson
Founder & Chairman · Scandinavian Biogas
Matti Tapio Vikkula
CEO & President · Scandinavian Biogas
Prism market signals · Sweden · country-scoped Prism corpus, 818,809 docs

Market landscape — 10 sub-themes by coverage

Share of Bioenergy coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · Sweden

How research on Bioenergy & Biofuels is moving in Sweden

A read on the academic research around Bioenergy & Biofuels — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 673 Sweden-affiliated papers.

research sentiment over time
201120202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 34% → 54% across 2011–2026.
top research entities
  • Swedish University of Agricultural Sciences126
  • Chalmers University of Technology119
  • Lund University86
  • Luleå University of Technology82
  • KTH Royal Institute of Technology82
leading researchers
Mohammad J. Taherzadeh · Λεωνίδας Μάτσακας · Ulrika Rova · Göran Berndes · Alok Patel · Pål Börjesson · Paul Christakopoulos · Ola Wallberg
▲ Breakthroughs51 · 8%
▼ 11%→7% share
▼0.6× share momentum4 median citations76% since 2021mostly methods-led
Breakthroughs are cooling (11%→7% of field), led by Biodiesel production.
rising sub-themes (early→recent)
  • Biodiesel production2→6
Newly emergingBiomass (ecology) 0→15 · Biorefinery 0→7 · Biodiesel 0→7
Landmark Production of fatty acid-derived oleochemicals and biofuels by synthetic yeast cell factories · 435 cites
◆ Advancements365 · 54%
▲ 36%→57% share
▲1.6× share momentum9 median citations83% since 2021mostly empirical
Advancements are rising (36%→57% of field), led by Biomass (ecology).
rising sub-themes (early→recent)
  • Biomass (ecology)6→104
  • Biogas6→43
  • Raw material4→38
  • Waste management3→35
  • Pulp and paper industry10→41
Newly emergingRenewable energy 0→38 · Life-cycle assessment 0→21 · Food science 0→17
Landmark Brown Clouds over South Asia: Biomass or Fossil Fuel Combustion? · 745 cites
▼ Concerns165 · 25%
▼ 34%→23% share
▼0.7× share momentum17 median citations75% since 2021mostly empirical
Concerns are cooling (34%→23% of field), led by Biomass (ecology).
rising sub-themes (early→recent)
  • Biomass (ecology)6→35
  • Greenhouse gas3→24
  • Renewable energy3→22
  • Production (economics)3→17
  • Climate change2→14
Newly emergingDiesel fuel 0→9 · Fossil fuel 0→8 · Software deployment 0→7
Landmark Bioenergy and climate change mitigation: an assessment · 728 cites
RESEARCH HOTSPOTS · Sweden

Where bioenergy biofuels is researched across Sweden

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

Gothenburg163 · +0.23
Hot · YeastAdvancing · SyngasOpportunity · CatalysisConcern · Software deployment
Uppsala139 · +0.28
Hot · AgroforestryAdvancing · Extraction (chemistry)Opportunity · DigestateConcern · Biodiversity
Stockholm102 · +0.30
Hot · Carbon footprintAdvancing · PyrolysisOpportunity · SustainabilityConcern · Carbon fibers
Lund86 · +0.23
Hot · XyloseAdvancing · Ethanol fuelOpportunity · Renewable fuelsConcern · Biodiversity
Luleå83 · +0.40
Hot · OrganosolvAdvancing · Pulp and paper industryOpportunity · BiogasConcern · Biorefinery
Umeå52 · +0.27
Hot · BiorefiningAdvancing · PopulationOpportunity · LigninConcern · Biodiesel
Linköping40 · +0.23
Hot · BiogasAdvancing · ManureOpportunity · Anaerobic digestionConcern · Carbon fibers
Vaxjo13 · +0.35
Hot · Fossil fuelAdvancing · Biomass (ecology)Opportunity · Truck

Common questions

How many Bioenergy companies are there in Sweden?
Radar tracks 53 indexable Bioenergy companies headquartered in Sweden that meet our profile-completeness bar.
What is the total funding raised by Bioenergy companies in Sweden?
The Bioenergy companies in Sweden on this list have raised a combined $183.5M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Bioenergy company in Sweden?
Bergvik Skog is the highest-funded Bioenergy company in Sweden, with $135.5M in disclosed equity funding.
How many Bioenergy companies in Sweden are funded?
12 of the 53 Bioenergy companies in Sweden on this list have disclosed at least one equity funding round.
How many Bioenergy unicorns are there in Sweden?
None of the Bioenergy companies in Sweden on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Sweden Bioenergy companies?
The most active investors in Sweden Bioenergy companies on this list include Europa, EIC Fund, Arctic Business, Forestum Capital, PEQ Invest.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

Coming soon