Sweden-based cleantech firm OrganoClick sets sights on initial public offering on Nasdaq First North.
OrganoClick, a cleantech firm spun-out from Stockholm University and the Swedish University of Agriculture Studies, is planning for an initial public offering next week following a SEK 75m ($8.82m) fundraising round.
The company will be trading on Nasdaq First North from 16 February under the ticker symbol ORGC, and is planning to use funds raised to scale up the company’s sales and marketing activities.
Founded in 2006, the company is developing materials based on environmentally friendly fibre chemistry. Two of…