VCs in Sweden Directory

Flat Capital

SE

Flat Capital's investment thesis revolves around backing dedicated founders and entrepreneurs with passion. They aim to address the shortcomings of the conventional investment industry, which they believe is characterized by excessive fees and short-term horizons that limit value creation. In contrast, Flat Capital offers patience, transparency, and keeps running costs as low as possible for their investors, avoiding hidden fees. They provide long-term trust and access to a unique, global network of investment opportunities. They fund dedicated founders and entrepreneurs, emphasizing a hands-off approach, trusting in their capabilities and vision to do what is best for their companies. Their investment strategy is broad but primarily focuses on unlisted growth-stage companies. They emphasize that their global deal flow is based primarily on the entrepreneurs and investors in their network. They aim to have a straightforward and efficient investment process. They also state that they are genuinely long-term money; having no commitments to return the money at any specific time. Flat Capital offers shareholders liquidity by being traded on First North (Flat B). They maintain a high-risk profile and ask that shareholders be mindful of the risk and size of their investment. The firm highlights that its running costs are low to ensure money is spent where it creates the most value. Their network is unique and global, granting access to otherwise inaccessible investments.

Flat Capital AB

SE

Flat Capital AB focuses on backing dedicated founders and entrepreneurs with passion, offering patience and transparency. They aim to provide long-term capital and a unique, global network of investment opportunities while maintaining low running costs. The firm differentiates itself from conventional investment models characterized by multiple fee layers and short-term horizons, which they believe limit value creation. Flat Capital aims to provide a hands-off approach, trusting founders to make the best decisions for their companies. Their goal is to keep things simple and efficient, focusing on long-term value creation and building strong relationships with the companies they invest. The firm also emphasizes the importance of learning from mistakes and supporting founders through their entrepreneurial journey.

Flerie

SE

Flerie invests in and builds companies with pioneering pharmaceutical and biotech projects or adjacent capabilities. They aim to differentiate themselves by using their network, expertise, and resources to achieve long-term success for their companies. Flerie emphasizes respect for all stakeholders and strives to be described as a great partner. Their investment strategy is evergreen, focusing on addressing unmet medical needs and tackling global healthcare challenges. The firm was established in 2011 by Thomas Eldered, co-founder of Recipharm. Building on Recipharm’s success, Flerie's strategy involves active participation in their portfolio companies, leveraging operational experience and a broad network of experts. They actively syndicate with investors from Europe, North America, the Middle East, and Asia. Flerie’s investment approach is centered around building product development and commercial growth companies operating primarily in drug development and related device and service spaces. The company's current portfolio includes diverse fields like immuno-oncology, metabolic diseases, biologics development and manufacturing, and even a cleantech company. The company listed on Nasdaq Stockholm in June 2024, strengthening its position and raising capital for continued growth. They are focused on advancing portfolio company pipelines to positively impact health and well-being.

Flerie Invest

SE

Flerie Invest focuses on building pioneering pharmaceutical and biotech companies, as well as those with adjacent capabilities, with the goal of making a positive impact on health and well-being. They differentiate themselves by leveraging their network, expertise, and resources to achieve long-term success for their companies. Their mission is to invest in and build companies with pioneering projects and to be regarded as a great partner by all stakeholders. Flerie invests in companies in the product development stage (biotech and pharma companies advancing products to proof-of-concept, clinical stages, and towards marketing approval) and companies in the commercial growth phase.

Venture capital firm investing in high-growth technology companies.

Venture capital firm investing in high-growth technology companies.

Front Ventures is a Swedish investment firm that focuses on early-stage investments in Nordic and Ukrainian defense technology companies. The firm aims to identify and support innovative companies within the defense and fintech sectors, with a particular emphasis on software, drone technology, communication systems, and electronic warfare. They look to invest in companies with a finished prototype that are ready to scale up rapidly. Front Ventures' strategy involves active ownership and development of its portfolio companies, leveraging their expertise to accelerate growth and market penetration within the specialized defense and fintech industries. The firm's B-aktie is listed on NGM Nordic SME, indicating its public presence and accessibility to investors.

Fåhraeus Startup and Growth AB (FSG)

Lund, SE

Empowers early-stage startups creating groundbreaking solutions in diagnostics, pharma, and life science tools, leveraging serial entrepreneurship and business development expertise to drive societal impact.

Venture capital firm investing in high-growth technology companies.

GU Ventures

Gothenburg, SE

GU Ventures is a venture capital firm that builds, drives, and invests in innovative and cutting-edge research-based companies with global potential that are striving to make the world better. They focus on supporting research-based innovation and transforming ideas into sustainable companies. They support companies throughout their development, building growth and delivering results. They appear to be Gothenburg University's holding company, aiming to refine research-based innovations into sustainable growth companies. GU Ventures actively supports companies in various ways, including business development, strategy, and capital acquisition. They work with a range of partners from academia, industry, politics, and the innovation ecosystem to achieve their goals. They are involved in initiatives like GoWest, a venture capital forum with an international focus on capital raising, and the Textile Movement Talent Programme, a development program for designers and artists in Västra Götaland. The firm also provides educational programs, such as the FDS program, and hosts events to foster innovation and collaboration. They highlight the importance of research, strong infrastructure, entrepreneurial drive, and capital flows in enabling growth. They strive to be a part of green transition through investing in companies like Hydroc Energy. GU Ventures also appears to operate Vasa Angels, which may be a related angel investing group. They also run GU Ventures 30, which celebrated the firm's 30th anniversary of operation.

Venture capital firm investing in high-growth technology companies.

Granitor

Solna, SE

Based on the crawled website content, Granitor's investment thesis appears to center around creating "välmående samhällen och industrier" (well-being societies and industries). While the provided text lacks a detailed explicit investment thesis, the firm's activities indicate a focus on sustainability, modernization, and technological advancement across various sectors. Their involvement in projects like the Embassy of Sharing, World of Volvo, and Käppalaverket showcase their commitment to supporting innovative solutions that address urban development, industrial automation, and environmental concerns. The firm seems to prefer collaborations that push boundaries and open new opportunities in the areas of elteknik (electrical engineering), fastighetsautomation (property automation), säkerhetslösningar (security solutions), industriell automation & robotisering (industrial automation & robotics), and miljoteknik (environmental technology). Granitor's strategic approach involves investing in companies and projects that contribute to sustainable urban development through property development including residential, office, and urban district projects, as well as advancements in environmental tech. They also seek opportunities in industrial sectors, providing solutions related to electrical engineering, automation, and security. Their involvement in upgrading infrastructure such as the Käppalaverket highlights their focus on improving essential services and promoting environmental sustainability. The emphasis on "samarbete utanför ramarna" (collaboration outside the box) suggests a willingness to engage in complex and innovative partnerships. The mention of "Investeringar" (Investments) indicates a direct investment activity, though the specifics are not detailed in the crawled content. Given the breadth of their operational activities, their investment approach is likely targeted at companies that can benefit from their industry expertise, project portfolio, and operational capabilities. However, the lack of specific investment criteria implies a potentially broad investment mandate focused on companies that align with their overall goal of creating well-being societies and industries. Granitor appears to favor companies and projects that enhance society and industry using sustainability and future-proof technologies.

Greens Ventures is a pre-seed venture capital firm that focuses on investing in Nordic startups. The firm is comprised of over 50 alumni from Spotify, who aim to leverage their collective experience and network to support the next generation of Nordic startups. Many of the Greens Ventures team members are still active operators in rapidly growing Nordic companies, bringing a wide range of expertise across various disciplines. Their investment philosophy centers around providing hands-on experience, domain expertise, and access to their network of talent and early customers. They prefer to be the first investor, partnering with founders in stealth mode, often based on recommendations from trusted former colleagues. They recently invested in Bits Technology's €12m Series A round.

Gullspång Re:food

SE

Re:food is a transatlantic growth equity investor focused on reshaping the food system. They partner with category-changing companies that are addressing the world's biggest challenges in the food sector and turning them into outsized returns. They believe that the food system, while being a significant part of the global GDP, drives a quarter of emissions, half of biodiversity loss, and soaring health costs. They aim to fill the capital gap that exists for growth-stage companies with proven size and business models, providing them with strategic guidance, capital for scaling, and support to reach operational excellence. The firm's investment approach is guided by science and deep market research, focusing on leverage points where solving systemic problems creates exponential value.

H&M Group Ventures invests in start-ups, joint ventures, and acquisitions that align with H&M Group’s customer offering, focusing on sustainable fashion, innovative business models, and operational enablers. The firm leverages its global scale and industry expertise to drive value beyond capital, supporting portfolio companies in scaling and operational excellence.

Herius Capital

SE

Herius Capital is a pioneering European venture capital firm based in Budapest, Hungary, specializing in space and aviation technology investments to bolster the Central and Eastern European space ecosystem. Founded as a thematic private equity and venture capital fund, it focuses on early-stage pioneers that create societal and commercial value for humanity in the short- to mid-term, with a team of 11-50 employees and last notable activity in 2023. The firm has made targeted investments, including a follow-on in French spacetech startup Leanspace (€6 million seed round in 2022 to digitalize space industry infrastructure via cloud services) and backing German spinoff OKAPI:Orbits (€5.5 million seed for space traffic management), alongside portfolio company Hedron ($17.8M raised). Their investment philosophy emphasizes modern software tools and critical enabling infrastructure for the space sector, aligning with visions of a digitalized future, as articulated by Managing Partner Dr. Kornél Szabó, while pursuing opportunities globally despite a CEE focus.[1][2][4][5]

Hetch

Helsingborg, SE

HETCH supports ambitious founders in turning bold ideas into global success stories, focusing on innovative and disruptive solutions across diverse sectors like AI, energy, healthcare, and sustainability.

Venture capital firm investing in high-growth technology companies.

Ideon Science Park

Lund, SE

Ideon Science Park is a Skåne-based tech and deep tech science park focused on catalyzing innovation and turning scientific research into sustainable businesses. They partner with Lund University and other organizations to support startups and companies throughout their growth journey. Ideon provides various services, including startup and acceleration programs, networking opportunities, access to funding and investment, pitch training, and cybersecurity support. They aim to foster a vibrant community of entrepreneurs, researchers, and industry experts. Through initiatives like Skåne Capital Day, co-created with HETCH, MINC, and Krinova, Ideon connects pre-seed startups with investors. They have a strong focus on collaboration, talent attraction, and supporting the growth of companies in the Skåne region.

Inlandsinnovation

SE

Inlandsinnovation was a state-owned venture capital company that was incorporated under Saminvest in 2017. Its operations were financed by capital from Inlandsinnovation and Fouriertransform, two state venture capital companies. At the time of the formation of the group, assets corresponding to approximately five billion SEK were transferred via the subsidiaries. Inlandsinnovation managed its directly owned portfolio companies from previous investments until they were wound down. The capital released through sales proceeds has been transferred to fund operations. Until Inlandsinnovation's portfolios were divested, Saminvest worked to ensure businesslike management and increased value creation in the portfolio companies. After the group formation in 2017, there were 67 direct holdings. By the end of the first quarter of 2024, all holdings were divested.

Investment AB Kinnevik

SE

Kinnevik is a leading growth investor, active owner, and operational partner that provides patient capital to challenger technology-enabled businesses in Europe and the US. They focus on supporting passionate founders who are building tomorrow's leaders within healthcare, software, and climate, with the goal of making everyday life easier and better for people around the world. Kinnevik invests at all stages of a company's growth journey, always determined to create long-term value. Kinnevik's investment philosophy emphasizes identifying companies with the potential to redefine industries and achieve remarkable growth. They seek out opportunities where technology can drive significant improvements and create lasting impact. This approach is reflected in their portfolio, which includes companies operating in sectors poised for disruption and growth. From the perspective of corporate governance, Kinnevik's Board of Directors is responsible for the overall strategy, integrating sustainability into value creation. The Audit & Sustainability Committee monitors the governance structures of investee companies, risk management, and compliance. Kinnevik's investment decisions are guided by a commitment to long-term value creation, responsible corporate governance, and a focus on sectors with significant growth potential, this is evident in their investment in Solugen to decarbonize the chemicals industry, their investment in Perk which is targeting the corporate travel industry and their focus on innovation in Healthcare with companies like Strand Therapeutics and Oviva.

Venture capital firm investing in high-growth technology companies.

Venture capital firm investing in high-growth technology companies.

Venture capital firm investing in high-growth technology companies.