The Swedish Footway Group has received new equity capital, according to ehandel.se. The company secured about SEK 127 million (€12.2m) gross, about 85 percent of the SEK 150 million the company had initially hoped to raise. Just over SEK 100 million (€9.6m) came from real estate investor Rutger Arnhhult, who is Footway’s largest shareholder; Lennart Ågren, sole owner of Svea Bank; and Altocumulus, part of the Axel Johnson Group. In addition to its Footway brand, the group also owns several online shops including the premium streetwear and sneaker etailer Caliroots, sports etailer Sportamore and padel etailer Belapadel, as well as Netlens, an e-commerce company for contact lenses and pharmaceutical products. Footway Group’s shares are listed on the Nasdaq First North Growth Market.