Updal Group
We build connected
products.
From electronics and embedded software to certification and production, Updal helps companies develop reliable connected products and bring them to market.
Updal is a Swedish technology group working across products, consulting and investments. Updal Holding owns Updal Solutions, Updal Investment and Updal Green Energy — combining engineering expertise with commercial thinking to help customers and technology businesses develop, grow and succeed.
- Est.
- 2023
- HQ
- Upplands Väsby, SE
- Reach
- Sweden · UK · Scandinavia
- Focus
- IoT · Engineering · Investments
// Group structure
Our companies.
Updal Holding sits at the top of the group and owns the operating companies: Updal Solutions for IoT products and engineering, Updal Investment for long-term technology investments, Updal Green Energy for EV charging and smart energy, and Updal ? for our next adventure. Each company links to its own page on updal.se.
Parent company
Updal Holding
Upplands Väsby, Sweden
Updal Solutions
A full-scale engineering team, ready to support your business.
The product and engineering company of the group. We develop, sell and operate our own IoT platform, S-2Connect®, and lend our engineering expertise to companies building reliable connected products — from first sketch and PCB to firmware, certification and production. Together with ZapCarbon and ZapIQ, more than 40,000 S-2Connect sensors are installed and reporting every day.
- Full Scale
- S-2Connect®
- Consulting
Updal Investment
Investing in connected technology, with the people who build it.
The investment arm of the Updal Group. We take long-term ownership positions in ambitious technology companies across Sweden and the United Kingdom — combining capital with the practical, hands-on support of an engineering-led group.
- Sweden
- United Kingdom
- Long-term ownership
Updal Green Energy
Bringing green energy solutions to Scandinavia.
We help manufacturers and technology partners bring EV charging, smart heating and energy management solutions to Sweden, Norway and Denmark — through business development, product localization, Swedish grid compliance and distribution and installer networks.
- EV Charging
- Smart Heating
- Energy Management
Updal ?
The next chapter of Updal is taking shape.
Alongside Solutions, Investment and Green Energy, we're exploring what comes next for the Updal Group. Something fun, meaningful and built to last — on our own, or together with the right partner.
- Exploring
// Portfolio
Engineering-led companies we back for the long run.
Through Updal Investment, the group holds long-term ownership positions in technology companies across Sweden and the United Kingdom.
Wittra Sweden AB
Nida Tech Sweden AB – Company No. 556901-3294
Advanced indoor and outdoor positioning and asset tracking solutions for industrial applications.
wittra.io →UKZapIQ
ZapIQ Limited – Company No. 16412597
Intelligent IoT solutions for monitoring mould, indoor air quality, humidity and energy efficiency.
zapiq.co.uk →UKCosie Homes
Cosie Homes Limited – Company No. 17328139
IoT-based monitoring for housing, care and facilities management — damp and mould, water safety, energy and more.
iotsg.co.uk →// Why Updal
Faster collaboration. Lower risk. Better products.
At Updal, engineering is more than technical expertise — it's a team that has worked together for over 25 years across multiple companies and industries. That shared experience lets us collaborate efficiently, solve complex challenges and deliver reliable products from concept to production.
We take responsibility for entire product development projects — from concept and requirements through design, prototyping, certification and production. One dedicated team, one point of contact and clear accountability throughout.
Alongside our core team, an extensive network of trusted specialists and manufacturing partners lets us scale quickly and bring the right expertise to every project — and to every company the group invests in.
// Trusted by
Working with leaders across industry.
// News
Latest from the group.
Updal Group continues to invest in connected technology
Through Updal Investment, the group invests in technology companies across Sweden and the United Kingdom — including Nida Tech Sweden AB, ZapIQ Limited and Cosie Homes Limited.
Read the press releaseBlogWhy we invest in engineering companies
Patient capital, hands-on support and real engineering experience — inside Updal Group's long-term investment approach.
Read the full blog post- 14 September 2026A strong start to the yearupdal.se ↗
- 12 August 2026ZapIQ acquires COSIE Homes ahead of Awaab's Law changesupdal.se ↗
- 11 August 2026ZapIQ aims for one million homes after COSIE Homes acquisitionupdal.se ↗
// FAQ
Questions, answered.
+What is Updal Group?
Updal Group is a Swedish technology group based in Upplands Väsby, working across products, consulting and investments. Updal Holding is the parent company and owns Updal Solutions (IoT products and engineering), Updal Investment (technology investments) and Updal Green Energy (EV charging, smart heating and energy management).
+Where is Updal based?
The group is headquartered at Instrumentvägen 12A in Upplands Väsby, just north of Stockholm, Sweden. Its companies and investments operate across Sweden, the United Kingdom and Scandinavia.
+Which companies are part of the Updal Group?
Updal Holding owns Updal Solutions, Updal Investment and Updal Green Energy. Updal Investment holds long-term ownership positions in Wittra Sweden AB (Nida Tech Sweden AB), ZapIQ Limited and Cosie Homes Limited.
+What does Updal Solutions do?
Updal Solutions is the product and engineering company of the group. It develops, sells and operates its own IoT platform, S-2Connect®, and offers consulting and full product development — from electronics and firmware to certification and production.
+How can I contact Updal?
The easiest way is by email at kjell@updal.se. You can also visit the group office at Instrumentvägen 12A, Upplands Väsby, Sweden.
// Get in touch
Turning ideas into successful products. Let's build something together.
Whether you're sourcing IoT products, looking for a strategic investment partner, or want to talk about the next Updal company — we'd love to hear from you.
Head office
Updal Holding AB
Instrumentvägen 12A
Upplands Väsby, Sweden
Group site
updal.se ↗