Sweden

OlsAro Raises €5 Mn in Seed Funding to Develop Climate-Resilient Wheat Varieties

Oct 14, 2026 | By Oliver Bennett

Swedish AgTech company OlsAro has raised €5 million in Seed funding to develop its SeedAX platform and bring its first salt-resistant wheat product to market. The company focuses on developing cereal crops that can better withstand challenging climate conditions.

SUMMARY

OlsAro raised €5 million in Seed funding, led by Industrifonden, with Nordic Foodtech VC as co-lead.
The funding will help expand its SeedAX™ genetics platform and bring its first salt-resistant wheat product to market.
Existing investors Future Food Fund, PINC, AgFunder and GU Ventures also participated in the round.

The funding round was led by Industrifonden, with Nordic Foodtech VC joining as co-lead investor. The investment will support the company’s technology development and plans to bring its wheat product to farmers.

Existing investors Future Food Fund, PINC (Paulig’s venture arm), AgFunder and GU Ventures also participated in the round.

Elén Faxö, CEO, OlsAro said: "We have spent years proving that we can identify and develop genetics that perform under some of the conditions putting the greatest pressure on agriculture. This round is about turning that capability into a platform seed companies can use repeatedly. By expanding SeedAX across more traits and markets, we can help our partners bring climate-resilient cereals to farmers faster and at much greater scale."

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Sara Frykstrand Ångström, Investment Manager and Head of Intelligence, Industrifonden said: "What convinced us about OlsAro was the scientific work behind the company, together with its field-trial results and existing seed-company partnerships. With SeedAX, OlsAro has the opportunity to turn this into a scalable platform for seed companies looking to develop climate-resilient varieties across multiple traits and markets."

OlsAro banner: “Fast-Tracking Climate Resilient Cereals”, with climate stats and the SeedAX™ seed platform.

OlsAro is a Swedish AgTech company that develops cereal crops that can better withstand climate change. It uses its SeedAX™ platform to develop seed genetics that help crops grow in challenging conditions.

The company builds on more than 10 years of research and works with seed companies to identify useful crop traits and develop new cereal varieties. Its work focuses on helping crops handle environmental challenges such as salty soil, high temperatures and drought.

OlsAro aims to help seed companies bring climate-resilient cereal varieties to market faster. Its technology could help farmers grow crops more successfully despite changing weather and difficult growing conditions.