RightBridge Ventures AB announced that it has received SEK 55 million in funding from Modelio Equity AB, Abelco Investment Group AB, Fatfish Group Limited and other investors

Abelco Investment Group AB, formerly Abelco AB, is a Sweden-based company active within the construction machinery sector. The Company manufactures, sells and rents excavators, wheel loaders, mini excavators and diggers, among others. The Company’s product portfolio includes such excavators, as 13.5-tons XC135D, 3.8-tons XC40D and 1.7-tons XC17D, among others; such loaders, as ZL580, ZL320 and ZL65, among others, and such accessories, as Cable.D, a cable search tool; Xcavision, an excavator system, and Abelco 205, a dual scope rotary laser, as well as other products. Additionally, the Company rents a floating summer cottage. The Company’s customer base comprises building contractors, farmers, golf courses and cementeries, among others. The Company operates through Abelco Nordic AB and Rollertilt AB, among others.