SWEBAL
Sweden, Sweden
About SWEBAL
SWEBAL (Sweden Ballistics) is a Swedish defence manufacturer building one of the first new TNT production facilities in Europe since the Cold War. Founded in 2024 in Nora, Sweden, the company plans to produce over 4,000 tonnes of trinitrotoluene annually to address NATO ammunition shortages exposed by the war in Ukraine. The 24/7 plant will use European-sourced raw materials and is targeting full-scale production in 2028.
Latest Funding
Series AAnnounced 2026-05-07
Buying Signals
Where the capital is going, and whether it's already started moving.
Spend Intent
5 signals · where the capital is going
Scale Swedish domestic explosives manufacturing capacity to fulfill multi-year European ammunition supply agreements.
resiliencemedia.co
Staff up plant operations, construction project management, and engineering for 2026 build-out and 2028 full-production target.
tech.eu
+3 more capital deployment signals · confidence ratings · source articles
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1 open role · capital meeting headcount
Funding round explicitly earmarked for talent acquisition
Funding allocated to talent but few public roles; executive search likely
Top hiring departments
In the news
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Investors
Karl Engelbrektson
Lead investor · Series A
Tech Stack
Contacts
Sarah M.
Head of Sales
Key Highlights
AI InsightsFunding completes financing for Sweden first new TNT manufacturing facility since the 1990s, located in Nora and targeted for full-scale production in 2028 at over 4,000 tonnes annually.
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Spend Intent
Where this round will be spent.
Hiring Signals
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Who actually decides.
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