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Finland-based retail optimization software secured €10M in green financing from Nordea Bank.

Jan 29, 2025

Amount Raised

€10 Million

Round Type

Funding Round

HelsinkiSoftwareCommerce And Shopping

Investors

Nordea Bank

Description

Helsinki-based RELEX Solutions has secured a €10 million green revolving credit facility from Nordea Bank to finance sustainability-focused projects. The company, which develops AI-driven supply chain and retail optimization software, plans to use the funds for initiatives aimed at improving energy efficiency, reducing waste, and enhancing sustainable practices. Green revolving credit facilities are structured to support environmentally responsible investments, often offering lower capital costs due to their reduced risk profile. This financing reflects a broader trend of businesses integrating sustainability into their financial strategies.

Quick answer

RELEX Solutions raised €10 Million in a Funding Round round, dated January 29, 2025. Investors: Nordea Bank. RELEX Solutions is based in Helsinki, Uusimaa, Finland.

How much did RELEX Solutions raise?
RELEX Solutions raised €10 Million in a Funding Round round on January 29, 2025.
Who invested in RELEX Solutions?
Nordea Bank is named as investors in this round.
What does RELEX Solutions do?
RELEX Solutions is a leading provider of cutting-edge retail optimization software that’s built for the age of Living Retail, where change is the only constant.
Where is RELEX Solutions based and how big is it?
RELEX Solutions is based in Helsinki, Uusimaa, Finland. Fundz records about 2,216 employees.
Who are the decision-makers at RELEX Solutions?
Fundz holds 1 contact at RELEX Solutions. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Commerce And Shopping and Software around the same time

Companies in the same sectors as RELEX Solutions that raised within 45 days of this round, from Fundz verified event records.

  • Archive raised $30M (Series B) on February 4, 2025.
  • Cursor raised $105M (Funding Round) on January 15, 2025.
  • Crusoe raised $600 (Series D) on December 16, 2024.
  • Omni raised $69M (Funding Round) on March 14, 2025.
  • OptimHire raised $5M (Seed) on March 14, 2025.
  • Cartesia raised $64M (Series A) on March 14, 2025.

Who to call at RELEX Solutions, and when

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Company Information

Company

RELEX Solutions

Location

Helsinki, Uusimaa, Finland

About

RELEX Solutions is a leading provider of cutting-edge retail optimization software that’s built for the age of Living Retail, where change is the only constant. We help retailers adapt to every future, faster. Our cloud-native Living Retail Platform delivers AI across all retail functions and at retail scale, eradicating siloes, rigidities, and inefficiencies along the way. We offer a fast lane to value that builds from a foundation of radically improved demand forecasting and supply chain optimization. Our customers leverage this enhanced supply chain visibility into exponential benefits — optimizing their space, allocation, workforce, promotion, and markdown strategies, all within our unified platform. Today, RELEX is a hyper-growth company with 350+ customers who love us — ask any of them for a frank and independent assessment of our team and solutions. RELEX is trusted by leading brands, including AutoZone, PetSmart, The Vitamin Shoppe, Big Lots, and Thrive Market, and has offices across North America, Europe, and the Asia Pacific region. Go to relexsolutions.com for more.

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