Elforest Technologies Overview

  • Founded
  • 2006
  • Status
  • Private
  • Employees
  • 3
  • Latest Deal Type
  • Later Stage VC
  • Investors
  • 3

Elforest Technologies General Information


Developer of an electric drive technology intended to offer cutting-edge expertise in battery technology, electric operation, electric hybrid systems, and electric hydraulic systems. The company's technology utilizes hybrid-powered forwarders which control the powertrain and ensures that the combustion engine is operating at optimum speed and that the additional battery-powered electric motor can quickly handle power peaks, enabling customers to get increased performance and improved fuel economy.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electrical Equipment
Other Industries
Primary Office
  • Tegelbruksvägen 1
  • 891 55 Arnäsvall
  • Sweden

Elforest Technologies Timeline

Financing RoundFinancing RoundCaptured Employee CountEstimated Employee Growth
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Elforest Technologies Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC 31-Mar-2020 00.000 Completed Generating Revenue
5. Grant 01-Jan-2018 00000 00.000 Completed Generating Revenue
4. Secondary Transaction - Private 01-Mar-2016 00.000 Completed Generating Revenue
3. Later Stage VC 01-Jan-2013 00000 00.000 Completed Generating Revenue
2. Early Stage VC 30-Jun-2010 $3.19M $3.19M Completed Generating Revenue
1. Accelerator/Incubator Completed Startup
To view Elforest Technologies’s complete valuation and funding history, request access »

Elforest Technologies Executive Team (5)

Name Title Board Seat Contact Info
Gabriel Söderholm Chief Executive Officer
You’re viewing 1 of 5 executive team members. Get the full list »

Elforest Technologies Board Members (1)

Name Representing Role Since
Carl Kempe Self Chairman 000 0000
To view Elforest Technologies’s complete board members history, request access »

Elforest Technologies Signals

Growth Rate

0.80% Weekly
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers


Similarweb Unique Visitors


Majestic Referring Domains


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Elforest Technologies Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Axel Johnson International Corporation Minority 000 0000 000000 0
Vinnova Government Minority 000 0000 000000 0
Innovations' Accelerator Accelerator/Incubator Minority 000 0000 000000 0
To view Elforest Technologies’s complete investors history, request access »