Suntrade develops battery storage projects, including a project in Västmanland referenced in the announcement. The company received an expanded investment of 1.8 million SEK from Power Storage Investment and Yago Energy as a one-off revenue item. This funding follows an earlier disclosed transaction related to the Hulån project. CEO Daniel Hedström said the increased investor engagement reflects growing market interest and confidence in Suntrade's work. Management expects the investment to strengthen the Västmanland project and improve the company's position for future deals. No additional financial metrics or founding year were disclosed in the announcement.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2026