Helsinki-based RELEX Solutions has secured a €10 million green revolving credit facility from Nordea Bank to finance sustainability-focused projects. The company, which develops AI-driven supply chain and retail optimization software, plans to use the funds for initiatives aimed at improving energy efficiency, reducing waste, and enhancing sustainable practices. Green revolving credit facilities are structured to support environmentally responsible investments, often offering lower capital costs due to their reduced risk profile. This financing reflects a broader trend of businesses integrating sustainability into their financial strategies.
RELEX Solutions is a Finland-based company that develops AI-driven software for supply chain and retail planning. Founded in 2005 by Mikko Kärkkäinen, Johanna Småros, and Michael Falck, the company provides a unified platform for demand forecasting, inventory management, and operational planning. Its technology is used by retailers, wholesalers, and consumer goods manufacturers to improve efficiency, manage stock levels, and reduce waste. RELEX operates in 21 countries with a workforce of over 2,000 employees.
“This green revolving credit facility reflects not only our strong financial standing but also our unwavering commitment to sustainability,” said Johanna Småros, co-founder and Chief Sustainability Officer, RELEX Solutions. “As a company, we are dedicated to helping our customers reduce waste and create efficiencies in their operations.”
A green revolving credit facility provides funding specifically for environmentally sustainable projects and activities, such as improving energy efficiency, reducing waste and emissions, and advancing sustainable practices. Green financing reflects a growing movement among companies and financial institutions to prioritize investments that deliver both financial returns and measurable environmental benefits for sustainable future. By securing this facility, RELEX underscores its dedication to responsible business practices and leadership in sustainability.
“As we continue our rapid growth, access to flexible bank financing provides significant advantages,” said Johan Haataja, Chief Financial Officer of RELEX Solutions. “This green revolving credit facility enhances our ability to invest in projects and activities that drive both long-term business growth and measurable sustainability impact. It also reflects the confidence our financial partners have in RELEX’s stability and our commitment to responsible value creation. Furthermore, the green label is more than just a marketing term – it translates into a lower cost of capital, as projects and activities with positive sustainability impacts are often associated with a lower risk profile.”
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Read the orginal article: https://arcticstartup.com/relex-solutions-raises-e10-million/
