Söder Sportfiske adds investment from Rite Ventures and Growthcap.

Sweden Investments 04 May 2018
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Söder Sportfiske, a Stockholm, Sweden-based company operating a retail operation for fish enthusiasts, announced getting an investment in the company.

The money was provided by Rite Ventures and Growthcap.

Söder Sportfiske, founded in 2004 by Nicklas Jonsson & Henrik Sandahl, is one of Sweden's largest and fastest growing purebred sports fish retailers. The company has 20 employees, who operate a shop in Stockholm and sell fishing equipment online via the company's site.

In 2016, according to the last recorded financial statement, Söder Sportfiske registered SEK 49M ($6M) with a profit of 10%.