Partnerinvest Norr

Partnerinvest Övre Norrland AB is a venture capital firms that seeks to invest in limited companies which have are in the expansion phase. The firm seeks to invest in Swedish companies in Västerbotten and Norrbotten. The firm typically nvests between SEK 2 million ($0.31 million) and SEK 4 million ( $0.62 million). During the liferime it can invest upto SEK 10 million ($ 1.56 million). The firm seeks to make follow on investments in its portfolio companies. The firm seeks to invest in the form of syndicate along with other venture capitalist or angel investor in unlisted companies. In a new share issue or convertible bond, the firm can acquire a maximum of 50 per cent of the shares. The firm seeks to take a board seat in its portfolio companies. Partnerinvest Övre Norrland AB was founded in 2009 and is based in Sweden.

Stefan Lundblom

Investment Manager

Past deals in Sweden

Future Ordering

Venture Round in 2017
Future Ordering is a cloud company in the restaurant and catering sector. The company is has been around building stuff online since the late '90s. It used to build systems, experiences and products in different tech savvy industries. Over the years a team formed around talent, mutual respect and a strong obsession for pushing the boundaries of technology.
Botnia Exploration Holding AB (publ), together with its subsidiaries, engages in the exploration of precious and base metals in Sweden. The company primarily explores for gold, as well as for silver, copper, zinc, and tungsten minerals. Its project portfolio includes approximately 20 exploration permits; and an exploitation concession.

SpaceTime Communication

Seed Round in 2017
SpaceTime is tomorrow's sustainable travel platform. Large and small organizations can save space, save space, improve the environment and continuously develop more responsible travel.

SmartPlanes

Venture Round in 2014
SmartPlanes AB produces small and rugged unmanned aerial vehicles (UAVs) for aerial mapping applications. The company offers SmartOne UAV that serves various markets, including forestry, agriculture, civil engineering, utilities, rescue, waste dump management, corridor mapping, open pit mines, archeology, golf courses, and real estate.

Darkathlon AB

Seed Round in 2014
Darkathlon AB is a company in tire and bicycle tests that through a giant tunnel can enable winter tests throughout the year. This should be combined with skiing. The investment is made in connection with a ski resort in Piteå, Lindbäck's Stadium.

Lipigon Pharmaceuticals

Seed Round in 2016
Lipigon Pharmaceuticals is specialized in fat metabolism and develops new blood lipids. Lipigon is currently focusing on developing drugs directed against the enzyme lipoprotein lipase (LPL). People with low activity at LPL have a higher incidence of elevated blood fats and also related disorders such as insulin resistance and metabolic syndrome. Thanks to Lipigon's expertise in this area, AstraZeneca has chosen to enter into a cooperation agreement with the Company to develop LPL-based pharmaceuticals. Lipigon can receive up to $ 110 million in compensation at achieved milestones related to development and sales.

Future Ordering

Series A in 2020
Future Ordering is a cloud company in the restaurant and catering sector. The company is has been around building stuff online since the late '90s. It used to build systems, experiences and products in different tech savvy industries. Over the years a team formed around talent, mutual respect and a strong obsession for pushing the boundaries of technology.

Exeri AB

Venture Round in 2021
Exeri AB develops a power grid known as Smart Grid Surveillance for monitoring purpose. The company was founded in 2009 and is headquartered in Luleå, Sweden.

Once Upon Publishing AB

Series A in 2019
The new way to make photo books.

SpinChem

Seed Round in 2015
SpinChem AB develops and sells products used by laboratories in chemical processes to produce and clean substances. Its products are rotating bed reactors used to eliminate slow reaction kinetics caused by poor mass transfer between your solution and solid phase, MagRBR used for heterogeneous reactions with numerous types of solid phases, including immobilized enzymes, encapsulated cells and ion exchangers, solid reagents, laboratory equipment, starter kits, and accessories. The products used in the manufacture of pharmaceuticals, cosmetics, food, and has further applications in process development, reaction screening, biocatalysts, reactor engineering, and downstream processing. SpinChem AB is based in Umeå, Sweden.

Nordic River

Seed Round in 2010
Nordic River, the leading innovator in visual version management. Founded in 2006 and has developed TextFlow, TextFlow API and the CompareMyDocs.com website. TextFlow makes it easy to review document versions simultaneously, and rapidly produce a final draft; allowing users to cut time with a tool that helps compare, recombine and even merge multiple versions of a document. Based on the patent-pending WeaveSync technology - an indexing, matching, synchronization and presentation framework - TextFlow enables users to visually differentiate between multiple documents, allowing writers to work completely independent of one another, either online or offline, in a system of their choice, and when they want choosing when to contribute their work.

Treehotel

Seed Round in 2010
Treehotel offers exceptional living experience in modern, architecturally designed wooden rooms to customers from all over the world. Treehotel offers a unique hotel experience: treerooms with contemporary design in the middle of unspoiled nature. Here you can forget about the time constraints of everyday life, enjoy the serenity, and rejuvenate in a sophisticated yet familiar environment.

Zordix

Seed Round in 2012
Zordix is a game development company that is involved in handheld games development. Its special talents include design, animation, 3d modelling, programming, web, marketing, sales, and CRM. Zordix is developing games for the new digital download channels Nintendo DSiWare and the Nintendo eShop for the Nintendo 3DS. It is based in Umeå, Sweden.

Memotus

Seed Round in 2018
Instrube Health provides the Memotus service to athletes who have experienced various complaints and injuries. Via Memotus, you can quickly get advice from highly experienced doctors and physiotherapists / physiotherapists on how to best train and get rid of their inconveniences. The motive brings home the Memo Juice and can easily record a short video describing their inconvenience and receiving expert answers via the app.

Smart Video

Seed Round in 2017
Smart Video is the latest video tech offering from Codemill - an expert that has successfully deployed custom video solutions to global brands like The Guardian and ITV amongst others. Codemill has satisfied clients in the US, UK and Europe.

c/o GERD

Private Equity Round in 2014
Nature Cosmetic Group of Swedish Lapland develops, Co Gerd manufactures and sells organic beauty products under the brand c / o Gerd. Research, development and recipes are being made at the Jokkmokk plant in consultation with chemists. The products are tested and approved at the institute in Germany. All products are made from organic raw materials, completely free of toxic substances such as parabens, aluminum and alcohol. Vision is becoming an international world-class company in the organic skin care and cosmetics market. The goods are sold mainly through retailers and the webshop. Some of the products are exported mainly to Belgium and Japan. The company was founded in 2008 by Anna-Lena Wiklund Rippert and Johan Wiklund from Jokkmokk.

Umefast AB

Funding Round in 2014
Since 1991, Umefast has delivered system solutions for the real estate industry to a number of government, municipal and private management companies around the Nordic region. Umefast develops computer applications for property management and maintenance are known for delivering comprehensive and flexible systems use the latest technology to develop web-based applications on Microsoft platforms provide application hosting (Cloud) and data hosting We offer systems for both technical property administration and financial control.

Evosport AB

Seed Round in 2012
Evosport AB is a venture company that designs, develops and sells products under the brands Oxdog, Wooloc and Rotor. Behind the company is Entrepreneur Joacim Bergström with 20 years of experience in the industry, Marko Sompa and Mattias Eklund, two legendary in the bandwidth world.

Likvor AB

Seed Round in 2015
Likvor AB, a medical device company, develops a system for neurological investigations. The company provides CELDA System for assessment of cerebrospinal fluid dynamics. Its CELDA System includes various parts, such as instrument, software, tool set, and a bed for the investigation; and available in English, Swedish, French, German, Finish, Danish, Norwegian, and Dutch languages. The company was founded in 2007 and is based in Umea, Sweden.

ProAnt AB

Seed Round in 2014
ProAnt is a Umeå-based company that develops and manufactures antenna solutions for installation and external mounting. The company works with customized antennas in an international market.

Norrtoppen Förvaltnings AB

Private Equity Round in 2014
The Norrtoppen Group owns and manages store properties in central locations in Skellefteå, Luleå, Gällivare and Kiruna.

Storigo AB

Seed Round in 2016
Storigo sells a product for so-called "digital signage" ie. software to enable customers to communicate more efficiently and more automated through different types of large-screen displays.

Agency9 AB

Seed Round in 2013
Agency9 is a leading provider of web and mobile solutions for 3D visualisation of geographic information and maps for collaboration and communication. The company was established in 2003 and is headquartered in Stockholm, Sweden.

Tempus Information Systems

Seed Round in 2015
Tempus Information Systems is a proven and easy-to-use system for scheduling and attendance management in preschool and on leisure. Tempus simplifies everyday life and streamlines operations, giving both caregivers and staff # the early childhood parents.

Ecotech AB

Seed Round in 2011
Ecotech AB is develops, manufactures and sells wastewater treatment plants for large and small sewers.

Inficure Bio AB

Seed Round in 2016
Inficure Bio AB offers preclinical development and validation of drugs for chronic inflammatory and fibrotic conditions. The company offers a preclinical model which tests the effects of anti-inflammatory and anti-fibrotic drugs. It provides investigation of fibrosis developments in tissues. Inficure Bio AB was founded in 2015 and is headquartered in Umeå, Sweden.

UmBio

Funding Round in 2011
UmBio AB is a leading player in multivariate image analysis and they are known to provide a broad range of hardware and software products within this field. UmBio is based in Sweden and current customers include Merck, Danisco, Mirka, NeuroSearch, Pfizer, VTT and Arla. UmBio Evince Image, the company's multivariate image analysis software, is a versatile analytical tool that dramatically reduces the time required to reveal the value in online or lab data. UmBio Predict is UmBio’s new software and hardware for automatically predicting data from a given instrument in real-time, with an automatic high-performance calculation engine capable of 100% representation. UmBio Industry is a turn-key solution including sophisticated hardware and software solutions to allow the measurement of hundreds of wavelengths in real time with a high throughput hyperspectral camera. This generates high quality spectral data which is automatically analysed continuously in real time. On October 21st, 2009 UmBio recieved 1st Prize in the Metro Tech Challenge, a Swedish competition of startup companies arranged by SiSP and MetroTeknik. The associated press release states, "The jury considers UmBio to be a great example of successful entrepreneurship, together with a positive development of the organization, technology, products and market. UmBio seems to have the true possibility to penetrate an international process market. They are world leading pioneers within spectral image analysis, and provides next generation's quality control by offering chemical analysis in real time processes."

Resize Design

Seed Round in 2011
Resize Design has developed a unique furniture system based on a column that attaches to the floor and ceiling. On this column, lots of different shelving systems can be placed. The company is run by 24-year-old Viktor Lindbäck.

Reclaimit

Venture Round in 2016
Reclaimit AB was founded in 1999 by Swedish entrepreneurs Håkan Johansson and Jörgen Dernbrant, initially under the name of ETTnoll Design AB. Since then the company has developed system solutions to handle various aftersales issues – particularly, returns and complaints, service and repairs, and shipping. The company's constant driving force has been the insight that "satisfied customers always come back." That is why we always aim to be on the cutting edge in terms of leveraging smart IT solutions to help sellers create cost-effective, efficient processes to handle returns, complaints, service requests and logistics.

LYSTRA personlig assistans

Seed Round in 2013
Lystra Personal Assistans aims to create, with Norrland as a base, one of Sweden's leading assistant companies by conducting the business entirely in line with what the legislators intended when introducing LSS.

BioResonator Good Eye

Funding Round in 2016
BioResonator Good Eye is a Swedish Medtech company developing, marketing and selling quality high end tonometers using unique and patented technology developed in cooperation with scientists at Umeå university Hospital. The Tonometer is named ART, it is very easy to use, independent of operator, accurate and safe to use measuring internal pressure of the Eye (IOP).

Limes Audio

Seed Round in 2014
Limes Audio is a professional in audio signal processing for speech enhancement, developing technology that makes speakerphones sound better by removing disturbing echoes and noise. It was founded based on academic research in the field of acoustic echo cancellation and noise reduction. Limes Audio’s aim is to deliver natural and crystal clear speech without any echoes, noise, or glitches. It provides its customers with a world-class audio experience by implementing its proven solutions in their audio communication systems. Limes Audio was founded in 2007 by Lindström and Christian Schüldt, both holding Ph.D. degrees in Applied Signal Processing from Blekinge Institute of Technology, Sweden. It is based in Umeå.

Kloverbergsgarden

Seed Round in 2011
Klöverbergsgården AB is Norrbotten's largest egg producer. The business produces and sells locally produced poultry products, primarily eggs, of the highest quality to the consumer market. The plant houses 33,000 hens producing about 28,000 eggs a day.

ShimmerCat

Venture Round in 2017
ShimmerCat creates faster e-commerce websites with an intelligent IT infrastructure that use HTTP/2 and AI. ShimmerCat is developed by ZunZun AB, a company founded in 2014. The product is a performance-oriented web server that dramatically reduce the amount of work that it takes to create a web application that loads in a fraction of the time. It automatically optimizes delivery of web resources to browsers, by leveraging HTTP/2 Push and preload link headers in a way which is more efficient for your each individual website visitors, considering his or her network connectivity and cached contents, and page fetch. Additionally, it uses the time during which the backend is processing a request to send in advance assets needed by that request to the visitor. ShimmerCat also filters out traffic from pernicious bots and automatic optimize your loading times based on your own data.

BehavioSec

Series A in 2014
BehavioSec is the first vendor to pioneer behavioral biometrics. The company’s Behavioral Biometrics as a Service (BBaaS) platform is widely deployed across Global 2000 companies for its proven ability to dramatically reduce account fraud and data theft. Founded in 2008 out of groundbreaking academic research, BehavioSec technology allows companies, to continuously verify digital identities with superior precision, in real-time. Strengthened with the leadership of serial entrepreneurs and experienced industry professionals, the BehavioSec team now spans the world, providing security while preserving a rich digital experience throughout web and mobile apps. BehavioSec is the only enterprise-grade vendor used in global deployments with some of the largest companies, reducing manual review whilst safeguarding millions of users and billions of transactions. BehavioSec investors include Forgepoint Capital, Cisco, ABN AMRO, Conor Ventures and Octopus Ventures. BehavioSec is headquartered in San Francisco, CA and has global operations throughout Europe and Asia Pac. For more information, visit www.behaviosec.com.

Gemometrics AB

Seed Round in 2016
Gemometrics develops technical aids that will revolutionize the gemstone market's way to price gems. The tool helps the user quickly and efficiently determine if a diamond, ruby, sapphire or emerald is genuine, synthetic (created by man) or treated (to be more valuable). The tool is portable, reliable and user-friendly, all to ensure skills and high quality.

COS Systems AB

Venture Round in 2015
COS Systems is a provider of IT Solutions for Planning and Operating Fiber Networks. Umeå Company COS Systems develops and offers solutions for broadband operators and network owners. The expansion of fiber takes place rapidly throughout the world, and broadband networks open to multiple service providers are rapidly gaining momentum.

Flexibla Bostader Nord AB

Seed Round in 2013
Flexibla Bostäder Nord AB has developed a unique scheme for real estate financing of housing in regions with unclear future. Through Flexibostäder's construction, new residential properties will be able to be built throughout Sweden. In short, the first bet will be reported.

Elastisys AB

Seed Round in 2017
Elastisys is a Swedish company provides products and services for scalable and responsive IT systems, with an emphasis on predictive auto-scaling with multi-cloud capabilities. Elastisys products and services extend on decades of internationally leading research in distributed systems, high performance computing, and autonomous management of virtualized resources. Elastisys was founded in 2011 and is a spin-off company from the renown distributed systems research group at Umeå University.

Protab AB

Seed Round in 2015
Protab specializes in machining, turning and milling and manufactures details for the hydraulic and forest industry. Another important part of the business is system delivery, where the company also assembles the details that were manufactured. Protab manufactures components primarily for the hydraulics and forestry industries. System deliveries, where the company assembles manufactured components, form another important part of the operation. We also do value flow analyses to improve the efficiency of our customers' businesses. How can we make things better for you?

Enycon AB

Private Equity Round in 2011
Enycon AB manufactures biofuel boilers. Enycon AB is based in Umeå, Sweden. Enycon AB offers complete heat as well as projects, constructs and operates less district heating systems (near heating and heating) with a focus on overall economy, security and optimized technology. The company's offerings are primarily aimed at property owners and municipalities who need to invest in new heating plants or convert their oil and electricity heating systems to biofuel-based solutions.

BehavioSec

Seed Round in 2011
BehavioSec is the first vendor to pioneer behavioral biometrics. The company’s Behavioral Biometrics as a Service (BBaaS) platform is widely deployed across Global 2000 companies for its proven ability to dramatically reduce account fraud and data theft. Founded in 2008 out of groundbreaking academic research, BehavioSec technology allows companies, to continuously verify digital identities with superior precision, in real-time. Strengthened with the leadership of serial entrepreneurs and experienced industry professionals, the BehavioSec team now spans the world, providing security while preserving a rich digital experience throughout web and mobile apps. BehavioSec is the only enterprise-grade vendor used in global deployments with some of the largest companies, reducing manual review whilst safeguarding millions of users and billions of transactions. BehavioSec investors include Forgepoint Capital, Cisco, ABN AMRO, Conor Ventures and Octopus Ventures. BehavioSec is headquartered in San Francisco, CA and has global operations throughout Europe and Asia Pac. For more information, visit www.behaviosec.com.

Content Central

Seed Round in 2014
The concept of Content Central is to be a channel for distribution of editorial content

Kittelfjall Utveckling

Seed Round in 2014
Kittelfjall Utveckling is owns the hotel and the lift facility in Kittelfjall.

Evado Mobile Solutions AB

Seed Round in 2013
Evado Mobile Solutions simplifies and streamlines corporate internal and external communications. Evado has two business areas; mobile solutions and business development. Evado is a bunch of down-to-earth consultants and project managers who enjoy completing the day listening to needs, turning and turning ideas and finding solutions and improvement areas. We love helping companies in change - who have open minds and a competent organization that can contribute to the project.

Xore AB

Venture Round in 2015
Xore AB has develops and sells analyzers to enrichment plants in the mining industry. Xore is one of the world’s leading suppliers of on-stream analyzers and related services to the mining industry. Xore is the natural first choice when investing in equipment for on-stream analysis of pulp and liquids. Our product brand is Boxray™. Xore is a genuine Swedish engineering technology company based in Skellefteå in northern Sweden.

Sustainalube

Venture Round in 2016
Sustainalube AB develops a whole new type of environmentally friendly lubricant in the market. Sustainalube AB develops new innovative lubricants focusing on exceeding current environmental requirements without compromising on price or performance. The company is currently conducting sales on its own and via retailers. Our customers are mainly in the forest and construction industry and we welcome inquiries from all over the world. The company was founded in 2015 by three professors from Luleå University of Technology. After years of intensive research, a completely new oil-free lubricant product was developed based on our patented technology. From this base we have developed, and continue to develop, new products that fit into different applications. All our products are water soluble and cleaning can therefore be done without environmentally harmful cleaners, saving time and money for the user. All our products are also non-toxic and completely degradable in nature, which contributes to a cleaner nature and sustainable development. Sustainalube AB has been awarded a number of entrepreneurial competitions for its innovative and environmentally friendly technology. Sustainalube AB has won Venture Cup Sweden in the category "Environment & Energy" and in 2015 we were appointed winner of the Future Prize.

Umecrine Cognition

Corporate Round in 2017
Umecrine Cognition develops drugs against central nervous system neurological disorders, CNS caused by endogenous CNS active steroids (GABA steroids). Umecrine Cognition is a lean organization in a competent network. Together with Karolinska Development, the company was founded in 2006 as a subsidiary to Umecrine AB, in order to focus the development activities on finding treatments for neurological disorders in the central nervous system that are caused by endogenous CNS-active steroids (GABA-steroids). The GABA-system is the major inhibitory neurotransmitter system within the central nervous system and an excessive GABAergic tone has been described in several important clinical conditions such as Hepatic Encephalopathy, Alzheimer’s disease, and Down syndrome. Certain endogenous GABA-steroids act as strong agonists at the GABAA receptor and alterations in the production and metabolism of these GABA-steroids has been described in Hepatic Encephalopathy, Alzheimer’s disease, and Down syndrome. The company is focusing its efforts on the development and commercialization of novel therapeutics to treat Hepatic Encephalopathy in patients with liver disease.

Fortlax AB

Funding Round in 2018
Fortlax is Northern Sweden's data center with three world-class facilities just outside Piteå. We help companies grow using smart IT and cloud services. We store data in highest-class facilities at a location where risk analysis shows extremely low risk of natural disasters. In addition, we operate all our facilities with 100% green energy and use natural cooling for large parts of the year. Fortlax AB has over the past fiscal year more than tripled its revenue and shows profit.

Once Upon Publishing AB

Seed Round in 2018
The new way to make photo books.

miwa AB

Seed Round in 2011
miwa is a company in Lövånger that offers customized heating systems focusing on climate-smart solutions. The company offers complete energy solutions for the villa, cabin or caravan.

Photon Sports

Venture Round in 2021
Photon Sports is a producer of an analytics setup for tracking sports activity. Photon Sports enables faster, easier and mobile performance tracking of speed, agility and quickness to optimize training for youth and champion soccer teams.