Auum Secures €15 Million Funding with SWEN Capital's Support
Deal News | May 16, 2025 | SWEN Capital
SWEN Capital Partners is participating in a €15 million fundraising round for Auum, a French tech company focused on revolutionizing the cleaning industry with an eco-friendly dry steam cleaning technology. Auum's flagship product boasts significant environmental benefits, using a fraction of the water consumed by traditional cleaning methods and cutting out the need for chemicals. This innovation reduces waste and carbon emissions drastically compared to existing sanitary solutions. The funding round, joined by notable investors like Starquest, Founders Future, Groupe SEB, and Blast Club, aims to support Auum's expansion across Europe. Their mission is to minimize the use of disposable containers, specifically targeting businesses and public venues.
Sectors
- Environmental Technology
- Private Equity and Venture Capital
Geography
- France – Auum is a French company, with their technology being developed and manufactured entirely in France.
- Europe – The article mentions the aim to expand Auum's reach across Europe, highlighting the regional strategic focus for the company's growth.
Industry
- Environmental Technology – The article revolves around Auum's eco-friendly steam cleaning technology, presenting an innovative solution to reduce environmental impact.
- Private Equity and Venture Capital – The article discusses a fundraising round involving several investors including SWEN Capital Partners, highlighting the role of private equity and venture capital in supporting new technology ventures.
Financials
- €15 million – The total amount raised in the fundraising round to support Auum's expansion.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Auum | Target company | Company | A French company known for its innovative dry steam cleaning technology aimed at reducing ecological waste. |
| SWEN Capital Partners | Investor | Company | A private equity firm participating in the fundraising round, focusing on impact-driven investments. |
| Starquest | Investor | Company | One of the investing firms in the fundraising round for Auum. |
| Founders Future | Investor | Company | A venture capital firm participating in the fundraising round for Auum. |
| Groupe SEB | Investor | Company | A major French consortium participating in the funding round for Auum. |
| Blast Club | Investor | Company | A participant in the investment round supporting Auum's expansion. |