# OlsAro funding: rounds and investors > OlsAro has raised $8.2M across 2 rounds since 2024. Investors include AgFunder, Industrifonden and Nordic FoodTech VC. Every round with its source. Source: https://millionrounds.com/company/olsaro (Millionrounds; every figure on the page links to its filing or article) Sweden · [Seed startup](https://millionrounds.com/companies) # Who invested in *OlsAro* 2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Agtech AI Deeptech Raised this month Funding summary Updated 26 Oct 2026 **$8.2M** raised across 2 rounds since 2024, from 5 sources **$2.7M** Seed **$5.5M** Seed - **Latest round:** Seed, $5.5M Oct 2026 - **Led by:** Industrifonden and Nordic FoodTech VC - **Step-up i:** 2× - **Investors:** 6 (2 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2025 2026 **$2.7M** Seed **$5.5M** Seed - **First round:** Seed, $2.7M - **Biggest round:** $5.5M - **Between rounds:** 2.5 years ## The rounds - **Oct 2026** Seed **$5.5M** *5 new* *1 returning* [Industrifonden](https://millionrounds.com/fund/industrifonden) Lead [Nordic FoodTech VC](https://millionrounds.com/fund/nordic-foodtech) Lead [AgFunder](https://millionrounds.com/fund/agfunder) [Future Food Fund](https://millionrounds.com/fund/future-food-fund) [PINC](https://millionrounds.com/fund/pinc) [GU Ventures](https://millionrounds.com/fund/gu-ventures) Reported by AgFunderNews and 3 others - **Apr 2024** Seed **$2.7M** *1 new* [AgFunder](https://millionrounds.com/fund/agfunder) Source recorded ## Founders and team From OlsAro's own website: 7 on the team. - **Elén Faxö** CEO - **Henrik Aronsson** CTO - **Amanda Axman** Business Operations Manager - **An Michiels** Co-Chair - **Jaap Strengers** Board member - **Marika King** Co-Chair - **Rana Essa** Business Development Manager Advisers *Leo Melchers* *Olle Olsson* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2024 **Seed** 2026 [AgFunder](https://millionrounds.com/fund/agfunder) [Industrifonden](https://millionrounds.com/fund/industrifonden) L [Nordic FoodTech VC](https://millionrounds.com/fund/nordic-foodtech) L [Future Food Fund](https://millionrounds.com/fund/future-food-fund) [PINC](https://millionrounds.com/fund/pinc) [GU Ventures](https://millionrounds.com/fund/gu-ventures) ## Everyone who backed them [AgFunder](https://millionrounds.com/fund/agfunder) VC firm **2** rounds [Industrifonden](https://millionrounds.com/fund/industrifonden) VC firm **1** round, led 1 [Nordic FoodTech VC](https://millionrounds.com/fund/nordic-foodtech) VC firm **1** round, led 1 [Future Food Fund](https://millionrounds.com/fund/future-food-fund) VC firm **1** round [PINC](https://millionrounds.com/fund/pinc) Corporate VC **1** round [GU Ventures](https://millionrounds.com/fund/gu-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=olsaro). ## Also claim to have backed them These 2 firms list OlsAro as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Mudcake](https://millionrounds.com/fund/mudcake) VC firm Per its own site [GROW](https://millionrounds.com/fund/grow) Accelerator Per its own site ## Quick answers about OlsAro ### Who invested in OlsAro? OlsAro's investors include AgFunder, Industrifonden, Nordic FoodTech VC, Future Food Fund and PINC, and 1 more on record. Industrifonden led its latest round. ### How much has OlsAro raised? OlsAro has raised $8.2M across 2 rounds since 2024. ### When did OlsAro last raise? OlsAro's most recent round was a Seed of $5.5M in Oct 2026, led by Industrifonden. ### What was OlsAro's biggest round? Its most recent round, $5.5M in Oct 2026, is also its largest on record. ### Who backed OlsAro first? OlsAro's first round on record, in Apr 2024, was backed by AgFunder. ### What stage is OlsAro at? OlsAro's latest named round is a Seed, in Oct 2026. ### Where is OlsAro based? OlsAro is based in Sweden. ### Who led OlsAro's rounds? Industrifonden led the Seed in 2026. ## Companies like OlsAro In the same sector, and raised in the last eighteen months. [**Legora** $1.3B · Oct 2026](https://millionrounds.com/company/legora)[**MAIA Universe** $1.1M · Oct 2026](https://millionrounds.com/company/maia-universe)[**IPercept** $17M · Sept 2026](https://millionrounds.com/company/ipercept)[**Klang** $1.5M · Sept 2026](https://millionrounds.com/company/klang)[**Freya Industries** $615K · Sept 2026](https://millionrounds.com/company/freya-industries)[**Tandem Health** $150M · Sept 2026](https://millionrounds.com/company/tandem-health) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. 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