Econans raises MSEK 29 with Latour Future Solutions as lead investor

Gothenburg, Sweden - Econans AB has completed a fundraising of MSEK 29, with strong support from existing owners, and are happy to welcome Latour’s green investment arm, Latour Future Solutions, as new strategic owner. The financing will primarily be used to expand Econans’s solutions in Europe.

CEO of Econans, David Klamer, “It’s fantastic to have Latour joining us on our journey. They are a strong investor with values and a vision that are well-aligned with ours. This supports our long-term ambitions to become a European leader in our market.”

Econans offers the leading solution for banks to accelerate the energy transition of buildings on a larger scale. Through data and simulations, personalized suggestions and insight are generated to bank customers to understand the effect from renovations and energy efficiency improvements, while also supporting banks in meeting EU sustainability reporting requirements.

“Econans already have contracts with big European banks with a clear objective to grow in selected markets. European banks share the same climate challenge, and our platform enables us to enter new markets quickly and cost-effectively", says David Klamer.

Econans is headquartered in Gothenburg and is backed by a strong shareholder base including ALMI Invest, Provider Capital, Bredum and individual investors. The board is led by former SBAB CEO Eva Cederbalk and includes industry experts such as Georg Ludviksson, the founder of Meniga