Fundraising Fox

Blykalla

Stockholm, SE · Founded 2013 · 130 employees on LinkedIn · 9 known investors

A company focused on developing clean, firm baseload energy solutions to meet growing electricity demand from electrification and artificial intelligence workloads.

CleantechDeep TechEnergy

Founders & leadership

JS
Jacob StedmaninFounder

Investors · 9

92 CapitalCopenhagen
Armada Investment AG
August One
Earth Venture Capital
Farvatn VentureBergen
Nucleation CapitalLynnwood
Scale CapitalCopenhagen · $1.1M – $7.6M
Norrsken Launcherreported$1.1M – $3.3M
PitangoreportedTel Aviv · $4M – $100M

Funding

SEC filings, press & company announcements

$50M disclosed across 1 of 2 rounds · 2025–2026

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

3 people who came through Blykalla went on to found or lead other companies.

Ayal ItzkovitzInvestor & Board ObserverFounded Quantum SourceErik Engellau-NilssonChairpersonFounded NorrskenOri ShaashuaInvestorFounded Gigablue

In the news

Swedish SMR developer Blykalla raises $50m as it advances plans to power data centers - DCDdatacenterdynamics.com · Mar 2026Radiant’s Spectacular Day; Nuclear Startup Raises Over $300 Million | Neutron Bytesneutronbytes.com · Dec 2025Swedish Blykalla raises $50 million to push lead-cooled reactor toward deployment - ArcticStartuparcticstartup.com · Dec 2025Swedish Nuclear Startup Blykalla Raises $50 Million for Small Reactor - Bloombergbloomberg.com · Dec 2025Oklo partners with Sweden’s Blykalla -- ANS / Nuclear Newswireans.org · Sep 2025

Frequently asked questions

What does Blykalla do?
A company focused on developing clean, firm baseload energy solutions to meet growing electricity demand from electrification and artificial intelligence workloads.
Who are Blykalla's investors?
Blykalla's investors include 92 Capital, Armada Investment AG, August One, Earth Venture Capital, Farvatn Venture, Nucleation Capital, Scale Capital, Norrsken Launcher and 1 more.
How much funding has Blykalla raised?
Blykalla has disclosed $50M raised across 1 of its 2 known rounds.
Where is Blykalla headquartered?
Blykalla is headquartered in Stockholm, SE.