OneLab raises SEK 40 million from Novax.
Onelab, a Stockholm, Sweden-based B2B provider of preventive occupational healthcare services, announced that it secured capital fundraise of SEK 40M ($4.8M).
The money was raised from local investors from Sweden, Novax, and will be used for product development and business expansion.
OneLab, founded in 2014 by CEO David Strömbeck and Erik Björkegren, developed a digital platform for other companies that can help map and improve employee health and identify and address any work environment risks. The company produced sales of SEK 13.4 million ($1.6M) in 2019 and expects more than 20 in 2020.