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§ Private Profile · Copenhagen, Denmark
Biomanufacturing company converting industrial CO₂ emissions using engineered bacteria into carbon-negative chemicals for chemical manufacturing.
Again is a Copenhagen, Denmark-based climate technology company that develops biomanufacturing processes using engineered bacteria to ferment industrial waste carbon dioxide and hydrogen into carbon-negative chemicals. The organization's point-of-source carbon capture system produces commercial-grade base chemicals, such as acetate and acetic acid, which serve as manufacturing building blocks for plastics, textiles, adhesives, and pharmaceuticals. Operating a pilot facility capable of processing approximately one ton of carbon dioxide per day, the enterprise has secured roughly $100 million in total funding to date. This accumulated capital includes a $43 million Series A funding round completed in 2024 and a $47 million Horizon Europe grant, backed by prominent venture capital firms including GV, HV Capital, ACME Capital, and Kompas VC. The company was founded in 2021 by Dr. Torbjørn Ølshøj Jensen, Max Kufner, and Prof. Alex Nielsen.
Again has raised $102.6M across 5 funding rounds.
Again has raised $102.6M in total across 5 funding rounds.
Again Technology is a Swedish climate-fintech startup founded in 2020 that builds a mobile app empowering consumers to drive corporate sustainability using their historical card transaction data, while providing companies with tools and incentives to accelerate environmental change.[1] Targeting consumers and B2B partners in energy/greentech and fintech sectors, it addresses the lack of consumer leverage over corporate sustainability efforts by turning everyday spending into actionable pressure on brands, operating on a bootstrapped model with 1-10 employees.[1]
The company draws from its founders' prior experience developing and selling millions of consumer products via e-commerce and retail, which they now repurpose to foster large-scale sustainability without producing unnecessary goods.[1]
Again Technology was founded in 2020 in Sweden by a team of four key figures: Johan Lönnberg (Founder & CEO), Magnus Elm (Founder & Product), Christoffer Skeppstedt (Founder & Co-CTO), and Nils Edström (Founder & Co-CTO), with Gustav Östman handling communication and partnerships.[1] The idea emerged from the founders' reflections on their past work producing "millions of products that no one really needs," granting them deep expertise in consumer products, e-commerce, and retail—skills they now redirect toward sustainability.[1]
Early traction stems from this insider knowledge, positioning Again to leverage transaction data for real-world impact without external funding, as a bootstrapped venture focused on app-driven behavioral change.[1]
Again Technology rides the climate-fintech wave, where consumer data meets ESG demands amid rising regulatory pressures like EU Green Deal mandates and corporate net-zero pledges.[1] Timing is ideal post-2020, as pandemic-era e-commerce booms amplified sustainability scrutiny, with market forces like Scope 3 emissions reporting favoring data-leveraged solutions over hardware-heavy alternatives.[1]
It influences the ecosystem by democratizing sustainability—shifting power from brands to consumers—potentially amplifying impact through network effects in Scandinavia's greentech hub, while complementing broader trends in carbon tracking apps.[1]
Again Technology's transaction-based model positions it for viral consumer adoption and B2B partnerships as sustainability becomes a purchase driver. Next steps likely include app expansions for global transactions, AI-enhanced insights, and monetization via premium features or enterprise licensing amid 2025's tightening climate regs.[1]
Shaped by fintech personalization trends and greentech funding surges, its influence could evolve into a standard for consumer-corporate accountability, scaling from bootstrapped roots to drive the large-scale change its founders envision—repurposing past expertise for a sustainable world.[1]
Again has raised $102.6M across 5 funding rounds. Most recently, it raised $43.0M Series A in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $43M Series A | GV, HV Capital | ACME Capital, Earlybird Venture Capital, Roni Hiranand, Notion Capital, Sapphire Ventures, Maximilian Kufner, Maximilian Tayenthal | Announced |
| Nov 30, 2023 | $10M Seed | — | — | Announced |
| Aug 10, 2022 | $45.3M Grant | Atlantic Labs | — | Announced |
| Apr 5, 2022 | $3.3M Pre Seed | JON Coker | Maersk Growth | Announced |
| Oct 1, 2021 | $1M Seed | — | — | Announced |
Again has raised $102.6M in total across 5 funding rounds.
Again's investors include GV, HV Capital, ACME Capital, Earlybird Venture Capital, Roni Hiranand, Notion Capital, Sapphire Ventures, Maximilian Kufner, Maximilian Tayenthal, Atlantic Labs, Jon Coker, Maersk Growth.