Meva Energy is a Swedish cleantech company focused on converting biomass waste into renewable, grid-quality energy through its proprietary gasification technology. The firm’s solution enables industrial customers to replace fossil fuels with on-site, carbon-neutral synthesis gas produced from low-value biomass residues. According to the articles, the company plans to use newly raised capital to scale production capacity and roll out additional projects across Europe, targeting hard-to-abate industrial sectors. Meva Energy positions its technology as a cost-effective and sustainable alternative to conventional natural gas or LPG, helping clients lower both emissions and energy costs. While no revenue or user metrics were disclosed, the fresh funding will finance expansion of its technology platform and bolster execution of upcoming commercial installations. The company is headquartered in Sweden and operates within the broader European renewable energy market.

Total raised

$56M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2025