Swedish heat pump startup Aira bags €20M, hitting €270M funding milestone

Aira CEO Martin Lewerth and investor Harald Mix. Photo: Press image/Cornelia Jönsson/TT
4 mars 2025
09:52
Aira, the Swedish heat pump company backed by Stockholm-based investment firm Vargas, has secured an additional €20 million (230 million SEK) in funding, Impact Loop can reveal. This brings the company's total capital raised to over €270 million (3 billion SEK) in less than a year.

Founded in 2022 by prominent Swedish financier Harald Mix's investment company Vargas, Aira is continuing to strengthen its financial position.

Maria Stern, a press spokesperson at Aira, confirmed its latest funding milestone to Impact Loop: "It's correct that Aira has raised additional capital, 230 million SEK,” she wrote in an email, declining to comment further.

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