Sustainalube

company

About

Sustainalube has develops a whole new type of environmentally friendly lubricant in the market.

  • 11 - 50

Details

Last Funding Type
Series Unknown
Industries
Biotechnology,Chemical,Manufacturing
Founded date
Jan 1, 2015
Number Of Employee
11 - 50
Operating Status
Active

Sustainalube AB develops a whole new type of environmentally friendly lubricant in the market.

Sustainalube AB develops new innovative lubricants focusing on exceeding current environmental requirements without compromising on price or performance. The company is currently conducting sales on its own and via retailers. Our customers are mainly in the forest and construction industry and we welcome inquiries from all over the world.

The company was founded in 2015 by three professors from Luleå University of Technology. After years of intensive research, a completely new oil-free lubricant product was developed based on our patented technology. From this base we have developed, and continue to develop, new products that fit into different applications.

All our products are water soluble and cleaning can therefore be done without environmentally harmful cleaners, saving time and money for the user. All our products are also non-toxic and completely degradable in nature, which contributes to a cleaner nature and sustainable development.

Sustainalube AB has been awarded a number of entrepreneurial competitions for its innovative and environmentally friendly technology. Sustainalube AB has won Venture Cup Sweden in the category "Environment & Energy" and in 2015 we were appointed winner of the Future Prize.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
Sustainalube has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jul 8, 2016 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 8, 2016 Series Unknown 1 Partnerinvest Norr Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Sustainalube is funded by 1 investors. Partnerinvest Norr are the most recent investors.
Investor Name Lead Investor Funding Round
Partnerinvest Norr Yes Series Unknown