Swedish agtech startup Arevo has raised €7.3 million in new funding to accelerate the scale-up of its bio-based fertiliser production and drive international expansion, Impact Loop reports. The latest funding round was completed with participation from existing investors, including Industrifonden, Fort Knox, Navigare Ventures, and forest industry group Stora Enso, all of which have backed the company since its earlier €6.8 million round in 2024.
Founded on research by Professor Torgny Näsholm at the Swedish University of Agricultural Sciences, Arevo is developing arginine phosphate, a bio-based fertiliser designed to help soil retain nutrients more effectively. Unlike conventional nitrogen-based fertilisers that contribute to emissions and nutrient runoff, Arevo’s formulation aims to reduce both nitrogen leakage and greenhouse gas emissions while improving crop efficiency. The company’s technology is part of a growing global trend toward low-emission fertiliser innovation, as the agriculture sector faces mounting pressure to decarbonise. Fertilisers currently account for about 5% of global greenhouse gas emissions, nearly twice that of the aviation industry.
CEO Niklas Åström says to Impact Loop that the new funding will be used primarily to scale operations, expand internationally, and strengthen product development. This round allows them to move from pilot-scale to industrial-scale production and bring their solution to more markets. The company has recently taken its first steps into consumer markets with the launch of a bio-based lawn fertiliser, positioned as a sustainable alternative to traditional synthetic options.
In parallel with the funding, Arevo has made significant changes to its board, adding several high-profile members with deep experience in policy, venture capital, and industrial innovation. Among them is Maria Wetterstrand, the former spokesperson for Sweden’s Green Party and current CEO of Miltton Europe in Brussels. Wetterstrand brings EU-level expertise in sustainability and regulatory policy — a critical addition as the EU moves to tighten climate and environmental standards for fertiliser production and agricultural inputs.
“Maria’s background and experience complement the board extremely well,” Åström told Impact Loop. “She brings valuable EU-level insight into regulations and policy.”
Other new members include David Sonnek, CEO of Navigare Ventures, part of the Wallenberg investment sphere and a major investor in Arevo, along with Diana Henningsson as deputy member. Henrik Lenning, deputy CEO at Stora Enso, also joins as a full member, alongside Anna Haupt from Industrifonden.
The new capital and governance reshuffle position Arevo to navigate an increasingly competitive fertiliser innovation landscape.
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Read the orginal article: https://arcticstartup.com/arevo-raises-e7-3m/
