a day ago
Altor-Backed Aira Raises €150 million for Heat Pump Expansion
Swedish residential heating startup Aira Group AB raised €150 million ($174 million) in new funding from existing investors including the financier Harald Mix.
Aira was founded in 2022 by Mix's green investment vehicle Vargas Holding AB, which came to international prominence last year after another of its major projects, Northvolt AB, went bankrupt with debts of more than $5 billion.