Swedish cleantech company Mimbly has secured fresh capital to ramp up its push for sustainable laundry. The Gothenburg startup develops water reuse and microplastic filtration technology designed to retrofit existing washing infrastructure. Founded in 2016 by Isabella Palmgren, Nicolas Maxant, and Emil Vestman, the company targets resource efficiency without forcing operational change for customers.
Funding Round
Mimbly raised SEK 33 million, about €3 million, from a mix of new and returning investors. Participants include Electrolux Professional Group, Almi Invest, Länsförsäkringar Göteborg Bohuslän, and several impact-oriented family offices. The company says the capital will accelerate commercialization and international rollout of its core product, the Mimbox.
Strategic Partnership
Alongside the investment, Electrolux Professional is entering a strategic partnership with Mimbly. The collaboration focuses on advancing microplastic filtration and related laundry technologies for professional environments. Mimbly’s CEO, Isabella Palmgren, called the investment and partnership a milestone that should open new markets over the coming years.
Technology Overview
The Mimbox is a patented external unit that connects to washing machines to capture, treat, and recirculate water. Wastewater is filtered to remove particles larger than 50 microns, then assessed for quality and disinfected before reuse. Approved water is stored for up to 24 hours and supplied to subsequent wash cycles, with fresh water added when required.
Performance and Environmental Impact
Mimbly reports the system enables up to 70 percent water reuse in laundry operations. The filtration design captures about 90 percent of microplastics above 50 microns, reducing downstream pollution from textile fibers. By recovering heat from graywater, the Mimbox can lower energy consumption by up to 30 percent in typical use.
Customers and Use Cases
The company works with facility managers, housing providers, hospitality operators, and smaller laundry sites that want efficiency gains without replacing machines. Clients using Mimbly’s technology include Coor Service Management, ISS, Sodexo, and Einar Mattsson. The product integrates with existing workflows, which Mimbly argues speeds adoption and shortens payback periods.
Financial Context
Mimbly previously raised SEK 16 million in 2024 as it prepared updated hardware for broader deployment. For 2024, the company reported revenue of about SEK 7 million and a loss of SEK 12.1 million, versus SEK 10.3 million in revenue and a SEK 18.9 million loss in 2023. Management is targeting profitability by the end of 2026, assuming continued scale and operating efficiencies.
Expansion Plan
Proceeds from the latest round will fund manufacturing scale-up, market entry, and product development tied to the Electrolux Professional collaboration. Mimbly also offers Mimsights, a digital layer that aggregates operational data for ESG documentation and compliance reporting. The company plans to leverage these analytics to help customers track savings and verify environmental outcomes.
With fresh financing and a strategic partner, Mimbly is positioning its Mimbox system for wider commercial use. The company’s approach aims to cut water and energy consumption while capturing microplastics, a growing regulatory and reputational concern. If execution aligns with targets, management believes profitability by late 2026 is within reach as adoption expands across professional laundry settings.