Svivlo receives $300k in capital for a novel fishing gear development.

Svivlo, a Malmö, Sweden company which manufactures novel fishing equipment, announced adding SEK 2.5M ($300k) in capital investment from the local project management company DivM.

Svivlo, founded in 2014 as Brillianze Sweden AB by father and son Patrik Zander and Sten-Thore Zander, produces fishing equipment. Their product is a fishing roller with patented rotation brake and is considered to give anglers greater throw length, better control and less clogging with ropes.