Hi Unity Secures Funding from Almi Invest to Innovate Funeral Industry
Deal News | Dec 11, 2024 | ALMI Invest Mitt AB
Almi Invest Mitt AB has announced an investment in Hi Unity AB, a company based in Karlshamn, which specializes in innovative solutions for the funeral industry. The company was founded by Linda Åkesson, inspired by the passing of her father, leading to the creation of unique headstones and various ceremonial products. These products incorporate modern design with traditional values, offering a fresh perspective in a traditionally stable industry. The investment by Almi Invest, along with angel investors Anna Lindqvist, Jan Wifstrand, and Edwin van der Horst, as well as the Sparbanken i Karlshamns Näringslivsstiftelse, aims to help Hi Unity expand its product range and speed up its growth. The products are primarily distributed through partnerships with funeral homes and organizations like the Church of Sweden. Almi Invest's involvement will provide Hi Unity with the necessary resources and expertise to meet the increasing demand in the funeral sector.
Sectors
- Venture Capital
- Funeral Services
- Product Design
Geography
- Sweden – Hi Unity is based in Karlshamn, Sweden, and both the investment by Almi Invest and the distribution partnerships involve Swedish entities.
Industry
- Venture Capital – The article discusses Almi Invest's investment in Hi Unity, highlighting the role of venture capital in supporting startups.
- Funeral Services – Hi Unity operates within the funeral sector, focusing on innovative product development for ceremonies and grave markers.
- Product Design – The innovative design of funeral products by Hi Unity emphasizes the company's role in the product design industry.
Financials
- Not specified – The article does not disclose the specific amount of investment made by Almi Invest and other investors in Hi Unity.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hi Unity AB | Target Company | Company | A Karlshamn-based company developing innovative funeral products. |
| Almi Invest Mitt AB | Investor | Company | A Swedish venture capital firm investing in startups across the country. |
| Linda Åkesson | Founder and CEO | Person | Founder and CEO of Hi Unity, inspired to create innovative funeral products. |
| Anna Lindqvist | Angel Investor | Person | An individual investor contributing to Hi Unity's investment round. |
| Jan Wifstrand | Angel Investor | Person | An individual investor participating in the funding for Hi Unity. |
| Edwin van der Horst | Angel Investor | Person | An individual investor involved in Hi Unity's funding. |
| Sparbanken i Karlshamns Näringslivsstiftelse | Investor | Company | A foundation involved in supporting businesses in Karlshamn, contributing to Hi Unity's investment. |