Balderton Capital

Balderton Capital is a London-based venture capital firm founded in 2000 that focuses on early-stage investments in European technology startups. The firm specializes in series A funding, investing primarily in sectors such as enterprise software, e-commerce, fintech, consumer services, and mobile computing. Balderton typically invests between $0.1 million and $50 million, with a preference for funding startups in the range of $3 million to $5 million. The firm seeks to take a minority stake of 20% to 40% in its portfolio companies and often prefers a board seat to provide guidance throughout the growth phases. While its primary focus is on companies in France, Spain, and Portugal, Balderton is open to opportunities beyond Europe. The firm has a history of supporting innovative companies from their initial stages through to maturity, leveraging a network of executives with extensive experience in building technology ventures.

Shikha Ahluwalia

Associate

Greta Anderson

Principal

Fiona Blakemore

Chief Financial Officer and Head of Portfolio Finance Services

Alison Brownhill

Chief Financial Officer

Tim Bunting

Senior Adviser

Suranga Chandratillake

Partner

Colin Hanna

Partner

Cayetana Hurtado

Chief of Staff

Charlie Jalali-Farhani

Analyst

Michael Lavner

Principal

Bernard Liautaud

Managing Partner

Magda Lukaszewicz

Principal

Laura McGinnis

Associate

Jerome Misso

Opearating Partner

Axel Mitbauer

Analyst

Robert Moffat

Partner

Adrian Rainey

Operating Partner

Clara Ricard

Analyst

Carlotta Riganti

Associate

Andrea Roda

Principal

Henni Roini

Associate

Claudia Rowe

Associate

David Thevenon

Partner

Sujay Tyle

Venture Partner

Daniel Waterhouse

Partner

James Wise

Partner

Rana Yared

Partner

Past deals in Sweden

Tibber

Series C in 2022
Tibber is a digital electricity supplier founded in 2016 in Norway and Sweden, focusing on minimizing energy consumption and costs for its customers. The company aims to reduce residential electricity consumption for European households by 20%. Tibber operates in Sweden and Germany, serving over 100,000 homes with renewable energy at fair prices. By replacing traditional utilities with smart technology, Tibber empowers consumers to manage their energy use more effectively. Its mobile app provides real-time analytics on energy consumption and integrates with various smart home devices, promoting efficient electricity usage. Additionally, Tibber offers tech gadgets through its online store and has recently gained a license to balance the main power grid in Sweden using electric vehicles.

Funnel

Series C in 2021
Funnel Operation AB designs and develops software/platform that helps marketers automate their data collection. The company's products include dashboards and reports which simplify marketing reporting and analysis; data studio connector which gets marketing data from a number of ad sources; Google analytics upload which automatically uploads cost data to Google analytics; API and connectors which collect advertising data and send it anywhere; and Google sheets upload which add all advertising data to Google sheets. It caters to e-commerce companies, media agencies, brands, b2b businesses, mobile apps, and gaming companies. Funnel Operation AB was founded in 2014 and is based in Stockholm, Sweden.

Voi

Series C in 2020
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Tibber

Series B in 2020
Tibber is a digital electricity supplier founded in 2016 in Norway and Sweden, focusing on minimizing energy consumption and costs for its customers. The company aims to reduce residential electricity consumption for European households by 20%. Tibber operates in Sweden and Germany, serving over 100,000 homes with renewable energy at fair prices. By replacing traditional utilities with smart technology, Tibber empowers consumers to manage their energy use more effectively. Its mobile app provides real-time analytics on energy consumption and integrates with various smart home devices, promoting efficient electricity usage. Additionally, Tibber offers tech gadgets through its online store and has recently gained a license to balance the main power grid in Sweden using electric vehicles.

Funnel

Series B in 2020
Funnel Operation AB designs and develops software/platform that helps marketers automate their data collection. The company's products include dashboards and reports which simplify marketing reporting and analysis; data studio connector which gets marketing data from a number of ad sources; Google analytics upload which automatically uploads cost data to Google analytics; API and connectors which collect advertising data and send it anywhere; and Google sheets upload which add all advertising data to Google sheets. It caters to e-commerce companies, media agencies, brands, b2b businesses, mobile apps, and gaming companies. Funnel Operation AB was founded in 2014 and is based in Stockholm, Sweden.

Detectify

Series B in 2019
Detectify offers a SaaS-based tool for security analysis of web applications. Detectify is a service where website owners and developers can enter the domain name of a website and let Detectify analyze its security level by applying a broad range of emulated hacker attacks. Detectify then provides the owner with an easy to understand report that describes the identified vulnerabilities and their potential risk in the hands of malicious hackers.

Lifesum

Series C in 2019
Lifesum is a Swedish digital health startup with the vision to make people healthier and happier by using applied psychology and technology. Founded in 2013 with headquarters in central Stockholm, the company is growing fast and was selected by Wired UK as one of Stockholm's 10 hottest startups.

Voi

Series A in 2019
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Funnel

Venture Round in 2019
Funnel Operation AB designs and develops software/platform that helps marketers automate their data collection. The company's products include dashboards and reports which simplify marketing reporting and analysis; data studio connector which gets marketing data from a number of ad sources; Google analytics upload which automatically uploads cost data to Google analytics; API and connectors which collect advertising data and send it anywhere; and Google sheets upload which add all advertising data to Google sheets. It caters to e-commerce companies, media agencies, brands, b2b businesses, mobile apps, and gaming companies. Funnel Operation AB was founded in 2014 and is based in Stockholm, Sweden.

Rebtel

Series B in 2018
Rebtel Networks AB, founded in 2006 and based in Stockholm, Sweden, develops applications designed to facilitate communication for migrants and their families. The company offers a range of services, including mobile top-ups, international calling, voice over Internet Protocol (VoIP) services, and international texting, featuring ultra-low rates to ensure affordability. Rebtel also supports its users with a platform for money transfers and an independent work program called Activist. The company employs a diverse team of 85 individuals from over 35 nationalities, drawing on a strong tradition of technological disruption to enhance user experiences in communication and financial services. As a profitable subsidiary of Rebtel Owners AB, Rebtel continues to innovate and expand its offerings, addressing the unique challenges faced by individuals crossing borders.

Instabridge

Venture Round in 2018
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

Funnel

Series A in 2017
Funnel Operation AB designs and develops software/platform that helps marketers automate their data collection. The company's products include dashboards and reports which simplify marketing reporting and analysis; data studio connector which gets marketing data from a number of ad sources; Google analytics upload which automatically uploads cost data to Google analytics; API and connectors which collect advertising data and send it anywhere; and Google sheets upload which add all advertising data to Google sheets. It caters to e-commerce companies, media agencies, brands, b2b businesses, mobile apps, and gaming companies. Funnel Operation AB was founded in 2014 and is based in Stockholm, Sweden.

Furhat Robotics

Seed Round in 2017
Furhat Robotics AB, founded in 2014 and based in Stockholm, Sweden, specializes in developing advanced social robotics platforms that integrate artificial intelligence with human-like interactions. The company designs development kits that combine hardware, software, and APIs, allowing for the creation of robots capable of displaying facial expressiveness and engaging in context-aware dialogues. Furhat Robotics aims to facilitate interactions between humans and machines that mimic natural human communication, employing social intelligence to enhance user experience. The company's solutions cater to various sectors, including healthcare, education, information services, recruitment, entertainment, transportation, and finance, and it collaborates with over 70 international businesses and development agencies. Furhat Robotics has garnered numerous awards for its innovative contributions to the field of conversational AI and social robotics.

Soundtrack Your Brand

Series C in 2017
Soundtrack Your Brand is a Spotify joint venture and the exclusive provider of Spotify Business and Spotify Enterprise. We connect brands and fans, and our vision is to grow the music market and thereby support artists, so that they can give the world more great music

Instabridge

Venture Round in 2016
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

Instabridge

Series A in 2015
Instabridge AB is a Stockholm-based company founded in 2012 that develops a mobile application designed to facilitate the sharing and discovery of Wi-Fi networks. Initially created to allow users to share their home Wi-Fi with friends on Facebook, the app has evolved into a broader platform focused on building a global Wi-Fi sharing community, particularly in developing markets like Brazil and Mexico, where cellular data costs are high. The Instabridge application enables users to share Wi-Fi network details without revealing passwords, creating a crowdsourced database of Wi-Fi hotspots. This includes both user-shared networks and known public venues with free Wi-Fi, such as McDonald's and Starbucks, enhancing accessibility for users in urban environments.

Tictail

Series B in 2015
Tictail AB is an online platform that facilitates the creation of e-commerce stores for independent brands and retailers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly, do-it-yourself tool that empowers small business owners to establish a global online presence without requiring coding or web design skills. The platform emphasizes community integration and offers customizable designs, enhancing the shopping experience for users. Tictail serves as a social shopping destination, enabling consumers to discover and purchase unique home decor and fashion items from a diverse array of emerging designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

Recorded Future

Series D in 2015
Recorded Future, Inc. specializes in providing real-time threat intelligence solutions aimed at enhancing cybersecurity for businesses and security professionals. The company offers various products, such as Recorded Future for Threat Intelligence Teams, which helps analyze emerging threats from the web, and Recorded Future for SOC Teams, designed for automated threat detection within security operations centers. Its services include Recorded Future Cyber With Analyst Support, which features real-time alerts and custom dashboards, and Threat Views, allowing organizations to monitor threats targeting their assets and industry. The platform also encompasses Recorded Future Dark Web, which tracks threats originating from the dark web, and Recorded Future Executive Cyber Protection, aimed at safeguarding employees and organizations from security risks. Furthermore, Recorded Future provides integration services and intelligence assessments to enhance operational capabilities. Founded in 2009, the company is headquartered in Somerville, Massachusetts, with additional offices in Virginia and Sweden.

Sinch

Series A in 2014
Sinch Sweden AB is a cloud communications platform that offers mobile messaging, voice calling, and video calling services. Founded in 2008 and headquartered in Stockholm, Sweden, the company provides a range of products including SMS messaging, rich communication services (RCS), personalized messaging, voice calling, verification tools, and enterprise messenger solutions. Sinch's platform enables businesses to engage with customers quickly and effectively, reaching mobile phones globally in seconds. It serves as a software provider to mobile operators and powers critical communications for many large enterprises. The company's services are designed to integrate easily into applications and business processes, supporting messaging, voice, and video services. Sinch has a presence in over 30 countries, with additional offices in Atlanta, Georgia, and Singapore.

Tictail

Series A in 2014
Tictail AB is an online platform that facilitates the creation of e-commerce stores for independent brands and retailers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly, do-it-yourself tool that empowers small business owners to establish a global online presence without requiring coding or web design skills. The platform emphasizes community integration and offers customizable designs, enhancing the shopping experience for users. Tictail serves as a social shopping destination, enabling consumers to discover and purchase unique home decor and fashion items from a diverse array of emerging designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

Tictail

Seed Round in 2012
Tictail AB is an online platform that facilitates the creation of e-commerce stores for independent brands and retailers. Founded in 2011 and based in Stockholm, Sweden, Tictail provides a user-friendly, do-it-yourself tool that empowers small business owners to establish a global online presence without requiring coding or web design skills. The platform emphasizes community integration and offers customizable designs, enhancing the shopping experience for users. Tictail serves as a social shopping destination, enabling consumers to discover and purchase unique home decor and fashion items from a diverse array of emerging designers. As of November 2018, Tictail operates as a subsidiary of Shopify Inc.

Recorded Future

Series C in 2012
Recorded Future, Inc. specializes in providing real-time threat intelligence solutions aimed at enhancing cybersecurity for businesses and security professionals. The company offers various products, such as Recorded Future for Threat Intelligence Teams, which helps analyze emerging threats from the web, and Recorded Future for SOC Teams, designed for automated threat detection within security operations centers. Its services include Recorded Future Cyber With Analyst Support, which features real-time alerts and custom dashboards, and Threat Views, allowing organizations to monitor threats targeting their assets and industry. The platform also encompasses Recorded Future Dark Web, which tracks threats originating from the dark web, and Recorded Future Executive Cyber Protection, aimed at safeguarding employees and organizations from security risks. Furthermore, Recorded Future provides integration services and intelligence assessments to enhance operational capabilities. Founded in 2009, the company is headquartered in Somerville, Massachusetts, with additional offices in Virginia and Sweden.

LOVEFiLM

Series A in 2003
LOVEFiLM, a subsidiary of Amazon, is a prominent European film subscription service with over 2 million members across the UK, Germany, Sweden, Denmark, and Norway. The service allows members to receive DVDs directly at home through LOVEFiLM By Post and offers streaming options through LOVEFiLM Instant, which is compatible with over 200 internet-enabled devices, including gaming consoles and smart TVs. For a single monthly fee, members can access a vast library of more than 70,000 titles, encompassing Blu-rays, DVDs, video games, and instant streaming without incurring late fees. Additionally, LOVEFiLM provides a pay-per-view option via LOVEFiLM Box Office and offers a variety of video game rentals. Members have actively engaged with the platform, contributing over 80 million film ratings and more than 843,000 reviews.