SKF Group logo — SKF has been a global technology provider since 1907. Our st...

SKF Group

SKF has been a global technology provider since 1907. Our strength is the ability to develop technologies and create products

Founded 1907 Sweden Sweden 20386 employees IPO Total: $10.13B Marketing

General Information

Company Name SKF Group
Founded Year 1907
Location Sweden Sweden
Employees 20386
Industries Marketing
Funding Stage IPO
Offices as of Oct 2026
Göteborg, Sweden

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Oct 29, 2026

SKF announced the SKF–Anferra Circularity Partnership to convert hazardous grinding waste into iron chloride and hydrogen gas.

Event Participation Oct 26, 2026

SKF Group is calling for closer collaboration between policymakers and industry at COP31.

Growth Metrics Oct 21, 2026

SKF Group reported 4.3% organic growth as part of its Q3 results.

New Office Oct 19, 2026

SKF Group has opened its new Ceramic Process Laboratory (C-Pro Lab) at the R&D Centre in Houten, the Netherlands, to advance innovation in ceramic and hybrid bearing technologies.

Product Launch Oct 14, 2026

SKF Group has launched a "futuristic technology" where parts never touch, allowing for high speed and durability even in challenging conditions.

Key Hire Oct 12, 2026

SKF Group announced the hire of Fredéric Ponson as Director of Magnetic Mechatronics, leading a team focused on innovative solutions to reduce friction.

About SKF Group

We fight friction to move the world forward. 20% of all energy consumed is spent overcoming friction. At SKF, we’re constantly fighting that friction, to reduce energy waste and make the most of the resources we have. Since 1907, we’ve been making some of the world’s most innovative bearings, seals, lubrication systems to reduce friction. But we sell something bigger. Less friction means more energy saved. By seeking out and reducing friction, we’re making industry smarter, more competitive, and more energy efficient. And in collaboration with other forward-thinking companies, actually tackling some of the most pressing challenges of our time. Ultimately, helping to build a more sustainable future where we can all do more with less.

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Post-IPO Equity kr8.90B 1
Cevian Capital
01 Sep 2025
Post-IPO Debt €430.00M 1
European Investment Bank
01 Nov 2024
Post-IPO Debt €800.00M -
01 Jun 2023
IPO Undisclosed -
01 Jan 1999

SKF Group Alternatives & Competitors

SKF Group vs
smartcrowds®
smartcrowds® United Kingdom

The next generation of employee engagement

Seed
3 employees
Marketing

FAQ About SKF Group

SKF has been a global technology provider since 1907. Our strength is the ability to develop technologies and create products
SKF Group was founded in 1907.
SKF Group is headquartered in Sweden. As of Oct 2026, it also has offices in Göteborg, Sweden.
SKF Group operates in Marketing.
SKF Group has approximately 20386 employees.
SKF Group has completed 4 funding rounds, raising a total of $10.13B. The latest funding stage is IPO.
Top alternatives and competitors to SKF Group include smartcrowds®. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SKF Group and smartcrowds® are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SKF Group, https://bouncewatch.com/company/skf-group, updated 28 October 2026. When citing, please name BounceWatch and link this page.

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