AAK
Pulpetgatan 20, Malmö, Skane Lan, 21537, Sweden
Overview
AAK publ AB, also known as AarhusKarlshamn publ AB, is a Sweden-based holding company active primarily in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed.
- Total investments
- 2
- Lead investments
- 2
- Investments · 12mo
- 2
- Active investors
- 2
Sector focus
- Consumer
- Enterprise Applications
- Food and Beverage
Investment portfolio
- Savor
Led · Equity · Jul 2026
Savor uses a thermochemical process to convert point-captured carbon, green hydrogen, and methane into alkanes and then transforms those into fatty acids, which are purified and assembled into short-, medium-, and long-chain triglycerides (SMLCT) for food and cosmetic applications. Its products are chemically identical to conventional fats and include EcoButter, which was named one of TIME’s best inventions and is self-affirmed as GRAS. Savor has commercialized its CO2-derived butter in San Francisco, where it is used at the One65 patisserie and in baked goods at Jane the Bakery. The company is scaling production from only a few tonnes a year toward a target of a couple hundred tonnes with this new funding, and plans a future Series B to finance a 10,000-tonne facility. The firm emphasizes supplying domestically produced, climate-friendly specialty fats to food manufacturers in the US and Europe.
- Honest AI
Led · Equity · Jan 2026
Honest AI operates an AI-powered banking-as-a-service platform that enables financial institutions to originate, price and manage loans through its flagship product, Honest Fund. The system leverages internally built risk-management models to keep default rates low while scaling loan volume. By December, cumulative AI-originated lending on the platform exceeded KRW 1.465 trillion and monthly new loan volume had grown 4.2× since launch, demonstrating strong product traction and profitability. The company’s technology leadership has been recognized with the Financial Services Commission President’s Award and the grand prize at the Maeil Business Newspaper Fintech Awards 2025. Honest AI is also the lead agency for a government-backed next-generation causal AI project. With fresh capital, the firm intends to further refine its AI models and expand its suite of solutions aimed at improving risk control and operational efficiency for banks and other lenders.