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Smol develops and delivers concentrated, effective, and environmentally conscious home cleaning products directly to consumers. Their offerings include laundry capsules and dishwasher tablets, all packaged sustainably to minimize plastic waste and carbon footprint. The company prioritizes formulation without harsh chemicals and animal-derived ingredients, supported by various certifications for environmental and ethical standards.
Smol was co-founded in 2018 by consumer product experts Paula Quazi and Nick Green, both formerly of Unilever. Their insight stemmed from recognizing inefficiencies and environmental issues within the traditional household cleaning industry, aiming to provide a more sustainable, affordable, and convenient alternative for everyday use.
Smol primarily serves environmentally conscious households seeking effective cleaning solutions with a reduced ecological impact. The company's vision centers on transforming the cleaning industry by making sustainable home care accessible and mainstream, fostering a cleaner planet through small, impactful choices made by everyday consumers.
Smol has raised $44.0M across 2 funding rounds.
Smol has raised $44.0M in total across 2 funding rounds.
Smol has raised $44.0M in total across 2 funding rounds.
Smol's investors include Balderton Capital, Catapult Capital, Coelius Capital, Eight Roads Ventures, Flex Capital, Force Over Mass Capital, Goat Capital, Msd Capital, Quiet Capital, Uncork Capital, Vibe Capital, Y Combinator.
Smol — High-level profile and outlook.
High-level overview
Smol is a Sweden‑based nanotechnology group that develops vertically integrated carbon‑nanotube (CNT) nanostructure fabrication technology primarily aimed at the semiconductor and hydrogen industries; the group is publicly listed through its parent Smoltek Nanotech Holding AB (short name SMOL) on the Spotlight Stock Market in Stockholm.[1][4] Smol operates as a corporate group with a research & development arm (Smoltek AB) and dedicated business divisions for semiconductors (Smoltek Semi AB) and hydrogen (Smoltek Hydrogen AB), so its output is best described as deep‑tech platform IP and process technologies rather than a single off‑the‑shelf product.[1] Smol’s offering targets chip makers, advanced packaging and energy players by promising nanoscale conductive structures that can improve device scaling, interconnect performance and potentially hydrogen production or handling applications.[1][4]
Origin story
Smoltek began in 2005 with the founding of the original operating company now called Smoltek AB, which today functions as the group’s R&D engine and patent holder.[1][4] Over time the organization evolved into Smoltek Nanotech Holding AB, the listed parent company, and split into specialized subsidiaries to commercialize distinct market applications—semiconductors and hydrogen—while retaining a central IP and innovation function in Smoltek AB.[1] Key organizational facts available publicly emphasize the corporate structure (parent + three wholly owned subsidiaries) and the company’s long‑running focus on nanotube fabrication and related patents rather than naming a broad set of external partners in press materials.[1]
Core differentiators
Role in the broader tech landscape
Smol is riding multiple structural trends in hardware and energy: the persistent need for new materials and 3D/interconnect solutions as semiconductor nodes scale smaller, and interest in advanced materials for energy applications such as hydrogen systems. The semiconductor industry’s push for higher density, lower resistance interconnects and heterogeneous integration creates a window for novel nanoscale conductive structures[4]; concurrently, decarbonization and hydrogen development create adjacent opportunities for CNT‑enabled components in hydrogen systems (the group has a dedicated hydrogen business division).[1] Timing matters because material and process innovations that can be integrated into semiconductor supply chains or energy stacks represent high leverage if they can meet manufacturability, cost and reliability thresholds.
Quick take & future outlook
What’s next: near‑term progress for Smol will likely focus on (a) advancing pilot integrations or sample deliveries with semiconductor partners through Smoltek Semi, (b) maturing any hydrogen‑related demonstrations via Smoltek Hydrogen, and (c) monetizing the group’s patent portfolio and process know‑how to secure licensing, joint‑development or manufacturing contracts[1][4].Trends that will shape their path: adoption depends on manufacturability (process compatibility with fabs and packaging fabs), demonstrated reliability in real device environments, and the ability to scale cost‑effectively compared with incumbent materials and processes[4]. If Smol demonstrates reliable integration at scale, its influence could grow from a specialized IP provider to a strategic materials partner for advanced packaging and niche energy applications.Final note: Smol is best viewed as a deep‑tech, IP‑centric nanotech group with specialized commercialization arms rather than a single product company, and its medium‑term value will hinge on technical validation with industry partners and successful technology transfer into manufacturing lines.[1][4]
Sources: Smoltek corporate “Organization” and company background[1] and market/company summaries noting foundation and semiconductor focus[4].
Smol has raised $44.0M across 2 funding rounds. Most recently, it raised $34.0M Series B in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $34.0M Series B | Balderton Capital, Catapult Capital, Coelius Capital, Eight Roads Ventures, Flex Capital, Force Over Mass Capital, Goat Capital, Msd Capital, Quiet Capital, Uncork Capital, Vibe Capital, Y Combinator, Errol Damelin, Ilya Golubovich, Immad Akhund, Kirill Makharinsky, Michael Staton, Roger Dickey | |
| Jul 1, 2020 | $10.0M Series A | Accomplice VC, Anthemis Group, Balderton Capital, Catapult Capital, Coelius Capital, Flex Capital, Force Over Mass Capital, Goat Capital, GV, Msd Capital, Notion Capital, Quiet Capital, Sapphire Ventures, Uncork Capital, Vibe Capital, Y Combinator, Errol Damelin, Ilya Golubovich, Immad Akhund, Kirill Makharinsky, Michael Staton, Nadeem Shaikh, Roger Dickey, Sean Park |