AMF

AMF is a Swedish pension company focused on providing asset management services tailored for retirement. It offers low-cost pension programs that aim to deliver profit returns for its customers, along with traditional investment advice. As a defined benefit scheme, AMF ensures that its plan members receive pension and retirement benefits, emphasizing a commitment to financial security for the future.

Tomas Flodén

Chief Investment Officer and Vice President

Javiera Ragnartz

Chief Investment Officer

Johan Sidenmark

President and Chief Executive Officer

14 past transactions

Polarium

Venture Round in 2022
Incell International provides smart lithium-based power backup solutions to the global telecom market. Its battery solutions increase network availability while reducing TCO with minimal environmental impact. Through Incell International’s cloud-based management and maintenance service, its users have the ability to manage, analyze, and optimize their network availability. Based in Stockholm, Stockholms Lan, the company was founded in 2004.

LEAX Group

Funding Round in 2022
LEAX Group AB (publ) manufactures and sells components and subsystems for the heavy and light vehicle, automobile, mining and construction, agriculture, telecom, and general industries primarily in Sweden. It offers vehicle components, including engines, such as timing gears, exhaust manifolds, and flywheel housings; rear axles comprising shafts, differentials, and other gears; and gearboxes consisting of shafts, gears, and planetary carriers. The company also provides mining and construction machinery components, including shank adapters, drill bits, rod ends, and DTH components; general industry components, such as bearings and housings, robot parts, shafts, and pump housings; and assembled systems comprising industrial gearboxes, hub reductions, power take-offs, drive units, and propeller shafts. The company also operates in Latvia, Germany, Brazil, Hungary, and China. LEAX Group AB (publ) was founded in 1982 and is headquartered in Koping, Sweden.

Babylon

Post in 2021
Babylon Healthcare Services Limited operates a subscription based mobile healthcare application. Its platform allows users to book a virtual general practitioner (GP) consultation with clinicians, have a remote consultation, and collect relevant prescriptions. Babylon Healthcare Services Limited was founded in 2013 and is based in London, United Kingdom with additional offices in Brooklyn, New York; Austin, Texas; Kigali, Rwanda; Vancouver, Canada; Kuala Lumpur, Malaysia; and Singapore.

SmartCella

Funding Round in 2021
SmartCella is an innovative biotechnology and medtech company. Sweden. SmartCella’s therapeutic mission is to develop treatments for patients running out of options. The company has three main business units, Procella Therapeutics, Smartwise and SvedMed Solutions.

Cake Bikes

Convertible Note in 2021
Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

Cake Bikes

Series B in 2021
Light, clean and silent – CAKE develops uncompromising high performance electric off-road motorcycles.

MatHem

Venture Round in 2021
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

MatHem

Venture Round in 2021
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Epidemic Sound

Private Equity Round in 2021
Epidemic Sound is a Swedish based music company soundtracking the new generation of video creators. By working directly with composers and owning the music 100%, the company has built a model perfect for online video. Customers subscribe for unlimited use or license individual tracks. All music usage includes clearance on all platforms, worldwide, for all time. The company's catalogue has over 30 000 tracks, spaning over 180 genres, in prime time broadcast quality. Epidemic Sound was founded on 2009 and is headquartered in Stockholms, Sweden.

Budbee

Series C in 2021
Budbee is a Stockholm-based IT startup tired of bad home deliveries - a last mile delivery experience suited for your needs. Its aim is to make the end customers feel relaxed, informed and in control of their deliveries from the moment they place their order until the goods is in their hands.

Yubico

Venture Round in 2020
Yubico sets new world standards for simple, secure login, preventing unauthorized access to computers, servers, and internet accounts. Supporting multiple authentication and encryption protocols on all devices and platforms, YubiKeys protect access to user accounts for the world’s largest enterprises with a simple touch, and with no driver or client software needed. Yubico is a leading contributor to the FIDO Universal 2nd Factor open authentication standard, and Yubico’s technology is used, and loved, in more than 150 countries. Founded in 2007, Yubico is privately held with offices in Palo Alto (California), Seattle (Washington), Stockholm (Sweden), and London (UK).

MatHem

Venture Round in 2020
MatHem i Sverige AB offers online retail of food and household products. It provides organic goods; grocery; prescription; health, party and feast, business and association, health, recipes from food bags, collaborations, weekday and weekend inspired food; wine; dairy products; bakery; meat and chark; drinks; pantry; fish; finished food and snacks; glass candy and snacks; baby food and accessories; pharmacy, hygiene and health; spices and flavorers; animal food and accessories; and kiosk and newspapers. The company is based in Stockholm, Sweden.

Northvolt

Corporate Round in 2019
Northvolt AB, founded in 2016 and based in Stockholm, Sweden, specializes in the manufacture of sustainable lithium-ion batteries tailored for various sectors, including automotive, grid, industrial, portable, and micromobility markets. The company focuses on developing eco-friendly battery solutions that feature a minimal carbon footprint and incorporate advanced recycling technologies. Northvolt provides a range of products, including battery cells, custom cells, and complete battery systems, all designed to support clean energy initiatives and facilitate the electrification of transport. By emphasizing research and development, as well as industrialization, Northvolt aims to establish a reliable supply of sustainable battery cells and systems, enabling industries to transition from fossil fuels to electric alternatives efficiently.

Volvo

Private Equity Round in 2016
Volvo operates through two main divisions: the Volvo Group and Volvo Cars. The Volvo Group manufactures and sells trucks, buses, construction equipment, and marine and industrial engines across various regions including Europe, North America, and Asia. It offers products under multiple brands such as Volvo, UD Trucks, and Mack, and provides comprehensive services including financing, maintenance, and spare parts through a wide network of dealerships. Founded in 1915 and headquartered in Gothenburg, Sweden, the Volvo Group is a significant player in the transportation and construction sectors. On the other hand, Volvo Cars, a subsidiary of Geely Holdings, designs and sells premium passenger vehicles, including sedans, SUVs, and wagons, emphasizing Scandinavian design and innovation. Established in 1927, Volvo Cars operates globally, with major markets in the United States, China, and Europe. The company is committed to sustainability and advancing electric mobility solutions. Together, these divisions illustrate Volvo's extensive reach and dedication to quality, innovation, and environmental responsibility in the automotive and transport industries.