SWEDEN - 21 Grams raises SEK 20m from InnovationsKapital

Founded in 2004, 21 Grams offers postal management services to corporations and allows customers to outsource non-core production of bulk mailings and reduce postage expenses.

'The new funding will allow us to continue our expansion in the Nordic market and to follow our current and new clients into the deregulating European postal marketplace, starting with the UK already this spring,' says Stefan Blomqvist, CEO and founder of 21 Grams.

Keystone Advisers acted as financial adviser to the company.

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• Topics
• Expansion
• Nordics