Hyggligt secures investment from Forest Friends and an angel investor

Stockholm, 2024-12-18

Hyggligt, an innovative startup in continuous-cover forestry (hyggesfritt skogsbruk), has successfully completed a second investment round and new share issue. The investment—totaling SEK 1.5 million—comes from the investment fund Forest Friends, which has previously invested in the company, and an experienced angel investor.

Forest Friends, an investment fund specializing in innovative solutions in the forestry sector, is now increasing its stake in Hyggligt. The fund’s board includes industry veterans such as Leif Brodén, former Group CEO of Södra Skogsägarna, and Lennart Eberleh, CEO of Rottneros. They continue to see strong potential in Hyggligt’s innovative approach to selective logging (plockhuggning).

“This capital—and our investors’ continued confidence—is crucial to the next phase of our growth journey. Forest Friends’ increased investment and our angel investor give us not only the financial strength to scale, but also deep industry expertise,” says Edith Heppich, CEO and co‑founder of Hyggligt.

The capital injection will primarily be used to further develop Hyggligt’s optimization solution and visualization tools, and to strengthen sales and project management.

About Hyggligt

Hyggligt is an innovative player in forestry, driving change through the Hyggligt Method (Hyggligtmetoden)—continuous-cover, data-driven precision harvesting through selective logging (plockhuggning). The company focuses on profitability, biodiversity, and increased carbon sequestration (kolinlagring), and aims to transform Swedish forestry.

For more information, contact Edith Heppich, CEO and co‑founder of Hyggligt. edith@hyggligt.se