December 27, 2022
Picture of the founders of Levels.

Levels — with companies such as Klarna, Svt, Schibsted, and Vogue Scandinavia in their portfolio, as well as ownership in digital ventures like Afripods, Ella, FeedbackFrog, and Acamp — has just completed a first closing of 11m SEK as part of a larger expansion financing, with the aim of accelerating growth and developing the client offering.


The issue proceeds are to be used partly to expand the core business, delivering innovative solutions for digital transformation and digital development to medium-sized and large corporates and organizations, but above all to strengthen the balance sheet and thereby enabling Levels to expand its involvement and offering as an active partner in digitally-based startups and scaleups within the framework of Levels Venture Studio concept. The aim is to eventually become the leading Venture Studio in the Nordics and professionalize the early phases of growth in close partnership with experienced entrepreneurs with an exceptional drive.

Stadsholmen Equity has acted as financial advisor in the transaction and in connection with the issue, which is directed to a number of selected professional investors with experience in building companies with a focus on digital services, growth and value creation, Levels is provided not only with capital but also with valuable skills, unique experience and new networks. In total, the issue adds about SEK 11 million in new equity to Levels, and through warrants there is the possibility of raising a further SEK 5 million within a two-year period.

For questions or further inquiries, please contact:

Per Spångberg (CEO, Lvls Group AB): +46 70 792 81 50 / per.spangberg@wearelevels.com
Filip Dunér (Partner, Stadsholmen Equity AB): +46 70 964 98 01 / fd@stadsholmenequity.se.

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