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Ljusgårda

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Firm that specializes in vertical farming

Tibro, SwedenFounded 2017Food
Valuation $25–50M Last recorded · 2024
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ljusgårda and the history behind them.

About Ljusgårda

Ljusgårda AB is a Swedish food-tech company specializing in large-scale indoor vertical farming. It was established in 2017 by Andreas Wilhelmsson, Erik Lundgren, and Magnus Crommert. The venture began in a garage in Tibro, Sweden, driven by a desire to address the climate impact of imported produce. Erik Lundgren's Samoan heritage and his awareness of climate change's global effects were a key inspiration for the company's founding. Andreas Wilhelmsson, a serial entrepreneur since age 17, brings multifaceted business experience to the company.

The company operates in the controlled environment agriculture (CEA) market, challenging Sweden's reliance on imported greens, which account for over 70% of consumption. Ljusgårda’s business model is centered on producing and selling pre-packaged, ready-to-eat lettuce directly to major grocery retailers and online food stores in Sweden. Revenue is generated from the sale of these products to clients like ICA, Hemköp, Willys, Tempo, and Mathem. By establishing partnerships with major distributors such as Dagab, Ljusgårda has significantly expanded its market presence to over 500 stores nationwide.

Ljusgårda has developed one of Europe's largest vertical farms inside a converted 7,000-square-meter furniture factory. This facility utilizes a circular cultivation system with automated controls for light, water, and climate, running entirely on renewable energy. This process allows for year-round cultivation without pesticides and with significantly less water usage compared to traditional farming. The company employs advanced technology, including specialized pallet shuttle systems and Philips LED lighting solutions, to optimize growing conditions and yields. This results in a product with a lower environmental impact than imported alternatives. The company has successfully raised significant capital to fund its expansion, with notable investors including investment firms backed by the Lundin family, H&M chairman Karl-Johan Persson, and Jula Group.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Tibro, Sweden
Employees
41
Open positions
None listed
Dealroom signal
67.3/100
Industry
Food
Sub-industry
AgriTech
Sector
Food, Novel Farming, Sustainable Development Goals, Vertical Farming, Climate Tech, Nordic Rising Star 2022, Hard Tech
Business model
Manufacturing
Client focus
b2b, b2c

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing Oct 2024 $8.1M $41M Undisclosed ↗
CONVERTIBLEOther financing Oct 2024 $10M — Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Ljusgårda website traffic

Latest recorded traffic for Ljusgårda is 50 monthly website visits, down 97.7% over the last three months. Ljusgårda's team declined 8.9% over the past year.

Latest monthly visits50 3-month web change-97.7% 1-year team growth-8.9%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

9 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Futurology Ventures

Series A5 investors entered at this stage

  • Back in Black Capital
  • Karl-Johan Persson
  • Philian Invest
  • Erik Lundgren
  • Jula Miljö & Energi

Other known investors3 additional known investors

  • Eric Langenskiold
  • Jens Ingelstedt
  • YEoS Ventures
Team profiled 12 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇸🇪 Sweden100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ljusgårda on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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