The idea was born over a cup of coffee at Chalmers in the mid-90s. Now textile company Oxeon, which was co-founded by Indian researcher Nandan Khokar, has been acknowledged by Dagens Industri as the fastest growing company in Sweden.
Oxeon co-founders Dr. Nandan Khokar, and former Chalmers engineer students Andreas Martsman and Fredrik Winberg received the prize at the "Supergasell" gala in Stockholm on November 29.
Based in Borås, Oxeon began as a project at Chalmers School of Entrepreneurship in Gothenburg eight years ago. The company now has 30 employees and in the last three years has increased its turnover by 3097 percent to 24.5 million kronor. The rapid development saw it take it out Dagens Industri's annual competition among Sweden's 700 fastest growing small businesses.
Oxeon develops, produces and markets Spread Tow carbon reinforcements that are used in Formula 1 racing, aerospace and in many sports and leisure applications such as ice hockey sticks and surfboards. The Supergasell is an annual award from Dagens Industri, Sweden's financial newspaper, given to the company that has shown the most exceptional growth and created new employment opportunities.
