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WHERE COLD MEETS CODE

We are Bothnia Bay Group – a Nordic holding company forging the future of industrial transformation through digital innovation. Rooted in the Northern industrial landscape, we bring together cutting-edge software companies to empower tomorrow’s industrial performance – today.

About us

Headquartered in Luleå, Sweden, we unite leading tech companies under one strategic umbrella to scale industrial innovation that optimizes safety, security and productivity. With deep expertise in AI, analytics, and location-based technologies designed for real industry needs, we accelerate growth and create long-term value for our shareholders.

Our vision is to be the Nordic leader in industrial digitalization, transforming traditional industries and enabling a smarter, more connected future.

We are where industrial ambition meets digital innovation – where cold meets code.


What we provide

Deep industrial expertise

Our leadership team brings decades of hands-on experience from critical industries like mining, energy, and infrastructure. This enables us to identify real industry challenges – and solve them through scalable, secure and intelligent digital solutions built for long-term impact.

Scaling beyond capital

We provide more than capital – we offer active ownership. Through shared strategic functions and synergies across our portfolio, we unlock faster growth, smarter operations, and efficient scaling. Our structure ensures alignment, accountability, and momentum from day one.

Proven growth

Our companies deliver recurring revenues and have strong commercial footholds with leading industrial customers. With proven market validation, we invest in what already works – then scale it further through collaboration, technology acceleration, and access to new markets.

Strategic edge

We are deeply embedded in the Nordic industrial landscape, with insight into emerging trends and needs, investor networks, and market movements. This gives us a unique edge in identifying long-term opportunities and turning them into the next wave of industrial transformation.

To be the Nordic leader in industrial digitalization, transforming traditional industries and enabling a smarter, more connected future.

OUR VISION

Meet the team

Chairman of the Board & Advisor

Lars-Eric Aaro

  • Former CEO of LKAB and long experience from several strategic
    leadership roles in the mining and process industry. 

    Today, Lars-Eric Aaro is chairman and active board member of many leading companies in a variety of industrial segments. He has an extensive global and local business network.

Fredrik Larsson

CEO & Board Director

  • Fredrik Larsson brings extensive experience from multinational companies in the construction and mining industries, with a strong foundation in finance, business control, and operational management.

    Fredrik has also held international assignments as part of a global career path.

Anders Berg

Board Director & Advisor

  • Anders Berg has more than 25 years of international experience in senior management positions in various industries such as construction, e-commerce, and heavy industry. He has served as CEO and President for Lindab Group, Plannja AB and OXE Marine AB.

    Today, he acts as an industrial advisor, investor, and board member of several international industrial companies.

anders.berg@bothniabaygroup.se
+40 70 358 91 55

Johan Hernmarck

 Board Director & Advisor

  • The founder and chairman of Provider Investment AB, an evergreen investment company with a software focus, with over 30 years of experience and over 100 investments in the Nordic venture capital market.

    Johan Hernmarck is also board member of many B2B tech companies.

Sandra Ström

CMO

  • 25+ years of experience of marketing and communication across diverse industries.

    Main experience lies in international growth-stage companies – in which Sandra has driven brand strategy and implemented marketing frameworks to accelerate business performance and unlock market opportunities.

Therése Sundqvist

Financial Manager

  • Over 25 years of experience in finance, including accounting, tax and group consolidation..

    Former Authorized Accounting Consultant at Deloitte, with a strong background in financial reporting for small and midsize companies across various industries.

Yvonne Björkén

Accounts Specialist

  • Yvonne has decades of experience in accounting, payroll, and HR administration across a wide range of industries – from small businesses to global corporations. She has deep expertise in setting up and managing efficient administrative processes that ensure smooth and reliable operations.

Office & Event Coordinator

Linda Berggren

  • Linda is a specialist in organizing networking events and community-building activities. With extensive experience from events, she knows how to coordinate initiatives that strengthen employee engagement, knowledge development, well-being, and cross-company collaboration. Her work helps both individuals and organizations grow and attract talent..

Portfolio

  • With over 25 years of experience, the company delivers real-time, vendor-agnostic platforms that enhance safety, productivity, and situational awareness in highly complex environments – such as underground mines and large-scale industrial facilities. By seamlessly integrating data from multiple sources, Mobilaris enables precise decision-making, streamlined operations, and safer workplaces. Its technology is trusted by some of the world’s leading industrial actors across Europe and beyond.

  • Thus empowering machines and humans to detect, understand, and respond to their environment instantly. The software enhances safety, security, productivity and automation across a wide range settings like mines and critical infrastructure. Designed for integration with OEMs and system providers, Flasheye offers a scalable business model that supports rapid growth. Its technology is being explored by major industry players across multiple continents.

  • Xolaris empowers defence, security and law enforcement agencies to turn vast, fragmented data into actionable insight. Powered by purpose-built AI, our secure platforms analyse and visualise complex, sensitive data in real time—enhancing decision-making and protecting people and infrastructure.

    With 20+ years of experience and global deployments, Xolaris operates under the highest standards of confidentiality and digital sovereignty.