Svepreg Raises SEK 7M Seed for Automated Timber Measurement System

Svepreg AB Secures SEK 7 Million Seed Funding

Svepreg AB, a Swedish forest-technology startup based in Sorvik, Dalarna, has raised SEK 7 million in seed funding. The round was not led by a single named investor, and no individual investors were disclosed.

What Svepreg Does

Svepreg is developing the ikorni system, which combines cameras, sensors, machine learning, and positioning technology to measure roundwood automatically on timber trucks as the load is stacked in the forest. By moving measurement to the point of loading, the system aims to provide forest owners, hauliers, and mills with earlier, more accurate, and more traceable timber data along the value chain.

Traditional timber measurement often occurs later in the process, which can delay data availability and introduce discrepancies. Svepreg's approach seeks to capture measurement data at the earliest possible point — when the timber is loaded — creating a more continuous and transparent flow of information from forest to mill.

Pilot and Ecosystem Support

The company has run a pilot with state-owned Sveaskog, one of Sweden's largest forest owners. It has also obtained reference measurements from Biometria, a organization involved in timber measurement and forest data in Sweden. These collaborations suggest Svepreg's technology is being tested against established measurement standards.

Svepreg has been supported by the Dalarna Science Park incubator and the Sting Bioeconomy accelerator. It has also received backing from EU funds, Region Dalarna, and Vinnova, Sweden's innovation agency. This mix of public and private support indicates the company is embedded in Sweden's forestry and innovation ecosystem.

Why This Round Matters

Forestry is a major industry in Sweden and across the Nordic region, where efficiency and traceability are increasingly important. Automating timber measurement at the point of loading could reduce manual work, speed up data availability, and improve accuracy for all parties in the supply chain. As sustainability and chain-of-custody requirements grow, solutions that provide verifiable data from the forest onward may become more valuable.

Key Facts

• Company: Svepreg AB
• Location: Sorvik, Dalarna, Sweden
• Round: Seed
• Amount: SEK 7,000,000
• Date: September 10, 2026
• Lead Investor: Not disclosed
• Investors: Not disclosed
• Product: ikorni system
• Technology: Cameras, sensors, machine learning, positioning
• Pilot Partner: Sveaskog
• Reference Measurements: Biometria
• Supporters: Dalarna Science Park incubator, Sting Bioeconomy accelerator, EU funds, Region Dalarna, Vinnova

Outlook

With fresh seed capital, Svepreg is positioned to advance its ikorni system from pilot toward broader commercial deployment. The company's ties to established forestry players and innovation programs provide a strong foundation as it works to bring automated, traceable timber measurement to the market.