Katalysen portfolio venture Skawen closes oversubscribed share issue to enable sustainability leaps in energy recovery

Skawen is a clean-tech company on a mission to enable meaningful sustainability leaps in energy recovery and ventilation tech. This is achieved through intense innovation within materials sciences, miniaturization of electric controllers, and the development of energy optimization algorithms.

Development, production, and sales are all handled in-house, which enables delivery of a best-in-market product. With an average year-on-year growth of 100%+, Skawen’s heating and ventilation solutions are now available for properties (large and small) in twelve European markets.

The company, which is a portfolio company of Katalysen Ventures, recently completed an oversubscribed share issue. Among participating investors we find Skawen’s Chairman Lars Save, former CEO of Bonnier Business Information and founder of Bisnode and Addnode, who expanded his investment in the company. Property company Green Group, with a history of investing in leading property tech ("prop-tech"), also significantly expanded their investment in Skawen.

In connection with the closing of the oversubscribed share issue, the Board of Skawen announced that it has instructed the company's management to begin preparations during 2023 for a planned public listing in H1 2024. To learn more, visit www.skawen.com or contact CEO Sten Mogard at [email protected].