PE Firm Altor Commits to Participate in Stegra’s Funding Round

Swedish private equity firm Altor is supporting Stegra in its ongoing funding round, spokeswoman Karin Astrom says in emailed comments.

• Firm spokesperson declines to comment on size of its contribution
• Altor has been an investor in Stegra since 2021 through Fund V, Fund VI and ACT, according to its website
• NOTE: Earlier, Steel Startup Stegra Asks Investors for More Cash as Costs Rise
  • Swedish startup is hoping to secure new equity and debt financing amid rising costs associated with building its first green steel plant in Boden

To contact the reporter on this story:
Rafaela Lindeberg in Stockholm at rlindeberg@bloomberg.net ...