Sustainalube has develops a whole new type of environmentally friendly lubricant in the market.
Business Model:
Revenue: $0
Employees: 11-50
Address:
City: Luleå
State: Norrbottens Lan
Zip:
Country: Sweden
Sustainalube AB develops a whole new type of environmentally friendly lubricant in the market. Sustainalube AB develops new innovative lubricants focusing on exceeding current environmental requirements without compromising on price or performance. The company is currently conducting sales on its own and via retailers. Our customers are mainly in the forest and construction industry and we welcome inquiries from all over the world. The company was founded in 2015 by three professors from Luleå University of Technology. After years of intensive research, a completely new oil-free lubricant product was developed based on our patented technology. From this base we have developed, and continue to develop, new products that fit into different applications. All our products are water soluble and cleaning can therefore be done without environmentally harmful cleaners, saving time and money for the user. All our products are also non-toxic and completely degradable in nature, which contributes to a cleaner nature and sustainable development. Sustainalube AB has been awarded a number of entrepreneurial competitions for its innovative and environmentally friendly technology. Sustainalube AB has won Venture Cup Sweden in the category "Environment &a; Energy" and in 2015 we were appointed winner of the Future Prize.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2016 | Seed Round | 1 | - |
Almi Invest Almi Invest |
7/2016 | Venture Round | 1 | - |
Partnerinvest Norr Partnerinvest Norr |
7/2016 | Venture Round | 1 | - |
Partnerinvest Norr Partnerinvest Norr |
1/2016 | Seed Round | 1 | - |
Almi Invest Almi Invest |
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