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Radinn raising money to produce 1,000 boards this year

The company has now raised 25 million krona in a Series A round, taking its total funding to 45 million (€4,5 million). The investors are mostly seasoned business angels from Sweden “who have a passion for our product and […] can contribute to synergies […],” Lind said to the Swedish tech site.

http://nordic.businessinsider.com/a-swedish-made-electric-wakeboard-that-lets-you-surf-without-waves-just-raised-25-million--

Radinn has a capacity to produce 1,000 boards this year, which would bring in 85 million krona in revenues.