What is Ellevio?
Founded in 2015 and headquartered in Stockholm, Sweden, Ellevio is a key player in the provision of essential electric services. The company's operations encompass the distribution and repair of electrical infrastructure, serving a critical role in maintaining the energy supply chain for its customers. Its focus on robust distribution networks positions it as a vital entity in the Swedish energy market.
How much funding has Ellevio raised?
Ellevio has raised a total of $263.1M across 1 funding round:
Debt
$263.1M
Debt (2017): $263.1M with participation from The European Investment Bank
Key Investors in Ellevio
The European Investment Bank
The European Investment Bank (EIB), established in 1958 and headquartered in Luxembourg, is the European Union's nonprofit long-term lending and finance institution, often supporting major infrastructure and energy projects across the continent.
What's next for Ellevio?
The substantial enterprise-level funding, including the recent strategic investment, indicates a phase of significant scaling and infrastructure enhancement for Ellevio. This capital infusion is likely to fuel expansion of its distribution capabilities, technological upgrades for grid efficiency, and potentially new service offerings. The company is poised to strengthen its market leadership and operational resilience through strategic deployment of these resources.
See full Ellevio company page
