Startup · Sweden
Swebal
HQ Nora, Sweden1-10 employeesUpdated
SWEBAL produces Trinitrotoluene (TNT) in Sweden for European defense and security.
Funding2 rounds · ~$38.5M
- Equity raised
- ~$38.5M
- Latest
- ~$35.0MSeed · May 7, 2026
| Announced | Stage | Amount | Valuation | Lead investors | Other investors | Confidence |
|---|---|---|---|---|---|---|
| May 7, 2026 | Seed | ~$35.0M | — | — | — | Reported |
| Jun 18, 2025 | Pre-Seed | ~$3.5M | — | — | — | Reported |
- Seed~$35.0MMay 7, 2026
- Pre-Seed~$3.5MJun 18, 2025
Raised counts equity rounds; debt, secondary sales and grants are totaled separately. Amounts in other currencies are converted at the announcement month's average rate. A ~ marks an estimated or converted amount.
Capabilities2
| Technology | Role | Maturity | TRL | Notes | Confidence |
|---|---|---|---|---|---|
| Advanced manufacturing and materials | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces TNT (an energetic) in Sweden for European defense and security, a stated defense use of a specialty-materials supplier. | Reported |
| Strike and munitions | Developer | — | — | classify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces TNT (an energetic) in Sweden for European defense and security, a stated defense use of a specialty-materials supplier. | Reported |
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces TNT (an energetic) in Sweden for European defense and security, a stated defense use of a specialty-materials supplier.—Reported
- Developerclassify_sectors run 37, haiku, taxonomy 2026-10-18b: Produces TNT (an energetic) in Sweden for European defense and security, a stated defense use of a specialty-materials supplier.—Reported
Maturity and TRL describe this organization's work; the field-wide maturity is on each technology's page.
People2
| Person | Role |
|---|---|
| Carl Duforce | COO & Co-Founder |
| Joakim Sjöblom · LinkedIn ↗ | co-founder and CEO |
Sources4
Profile2
- 1
Sixth-Domain · Supports Organization · country, Organization · kind
“{"country": "Sweden", "hq_iso2": "SE", "id": "db740d4b-c36f-42d0-b1d2-73e2fa85af0c"}”
- 2
Swebal · Supports Organization · description, Organization · hq city, Organization · name, Organization · website
“SWEBAL produces Trinitrotoluene (TNT) in Sweden for European defense and security. Securing Europe's ammunition supply chain through local manufacturing excellence.”
Funding1
- 3DatabaseSWEBAL company profile
Octen Business Search · Supports Funding round, Organization · employee range, Organization · linkedin url, Role
“funding round: Seed Round, 2026-05-07, EUR 30,000,000”
People1
- 4
resiliencemedia.co · Supports Role
“Swebal co-founder and CEO Joakim Sjöblom said the scale of demand reflects not just a supply gap, but a broader push by European governments to bring explosives production back onshore, with manufacturers already securing future supply.”
Each fact on this page is attached to the sources that support it. Archived copies are linked when we keep one.