VBN Components accelerates growth with Swedish Scaleups
June 9, 2020
VBN Components, Uppsala, Sweden, has been adopted into the Swedish Scaleups programme, which helps innovative companies in Eastern Central Sweden to accelerate their growth. The company manufactures extremely abrasion- and heat-resistant metal components and tools for industrial use.
The company’s finished metal alloys are marketed under the Vibenite® brand. Products are additively manufactured from Vibenite using the company’s patented process, said to offer customers material savings of up to 87%, improved properties with integrated cooling channels, increased service life and lower weight.
Swedish Scaleups is aimed at mature companies that are ready to scale up seriously and invest in strong growth. The programme is completely industry independent and is said to be tailored to the needs of companies focusing on capital raising and internationalisation.
Together, through Swedish Scaleups, ten company incubators and science parks offer access to tailor-made support to scale up the companies’ operations faster. VBN Components stated that the programme will offer it access to specialist knowledge in areas such as law, finance, marketing, leadership and technology. The goal is to move the company’s products from early adopters to the mass market while maintaining the balance between growth, recruitment and cash flow.
Michael Camitz, Project Manager, Swedish Scaleups / Uppsala Innovation Centre, stated, “We are incredibly pleased that VBN Components sees the value of participating in Swedish Scaleups. It is an exciting company with a sustainable and innovative business concept as well as good conditions for rapid growth. We look forward to following their journey of success.”
“Having been accepted to Swedish Scaleups is fully in line with our growth plan,” added Ulrik Beste, Technical Manager at VBN Components. “The growth of a company can be described as a collection of geometric figures that need to be placed in the market’s previously different shaped holes. Swedish Scaleups helps with precision and how we can take shortcuts.”