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funding · SE · 07 MAY 2026

SWEBAL raises €30 million to build Sweden’s first TNT facility and strengthen NATO ammunition supply.

SWEBAL · EUR 30.0M

Investors: Karl Engelbrektson, Pär Svärdson, Thomas von Koch

Provenance

Sources

  1. Tech.eu · 07 May 2026

    SWEBAL raises €30M to build Sweden’s first TNT facility and strengthen NATO ammunition supply

    SWEBAL’s facility will produce over 4,000 tonnes of TNT annually to support Europe’s growing demand for artillery shells, drone munitions, mines, and other armaments.