SEED Capital invests in Abeo
SEED Capital has invested €1.5m in Danish concrete producer Abeo.
The investment will be used to upscale production and hire two new employees.
Company
Abeo, founded in 2010 as a Technical University of Denmark spin-out, produces lightweight concrete slabs. The product claims to be 4-44% lighter than hollow core slabs and more efficient in terms of sound insulation and fire resistance. The company is based in Frederiksberg, Denmark.
People
Partner Steen Halbye managed the investment for SEED Capital. Alexander Wulff is founder of Abeo.
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