'No Northvolt effect': Why northern Sweden is quietly becoming a magnet for impact capital
26 May 2025
08:11
Despite the collapse of battery company Northvolt, northern Sweden is attracting growing interest among investors.
Impact Loop travelled to the Swedish city of Luleå to meet Stefan Lundblom, investment manager at Sweden's northernmost investment network, Arctic Ventures.
"The entrepreneurs here are more down-to-earth," he says, explaining the region's appeal.
Impact Loop travelled to the Swedish city of Luleå to meet Stefan Lundblom, investment manager at Sweden's northernmost investment network, Arctic Ventures.
"The entrepreneurs here are more down-to-earth," he says, explaining the region's appeal.