EQT Ventures

EQT Ventures is a European venture capital fund that has raised over €1.2 billion in total capital. Established in May 2016 with the launch of EQT Ventures I, which secured €566 million in commitments, the fund aims to provide the kind of support that the team wished they had during their own entrepreneurial experiences. The fund recognizes that successful company building requires more than just financial investment; therefore, it offers extensive support and guidance to founders at various growth stages. EQT Ventures does not target specific markets or industries, but instead seeks out ambitious founders with the determination to create global success stories. In November 2019, EQT Ventures II was launched with commitments of €660 million. The team operates from six offices located in major cities, employing a "locals with locals" strategy to enhance support for founders. Additionally, the in-house AI platform, Motherbrain, enables a data-driven investment approach and has facilitated over $100 million in investments across portfolio companies.

Chantal Ambord

Operating Partner

Polly Barnes

Operating Partner

Rania Belkahia

Deal Partner

Gregory Bernstein

Venture Lead

Jenny Dreier

Venture Lead

Doreen Huber

Partner

Lars Jörnow

Partner

Ashley Lundström

Partner

Sandra Malmberg

Venture Lead

Tom Mendoza

Deal Partner

Naza Metghalchi

Venture Lead

Ali Mitchell

Partner

Kaushik Subramanian

Partner

Laura Yao

Partner

Past deals in Nordic Europe

Varjo

Series D in 2022
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Juni

Series B in 2022
Juni Technology AB is a fintech company based in Göteborg, Sweden, that specializes in developing a Software-as-a-Service banking application and platform tailored for e-commerce and online marketing entrepreneurs. Founded in 2020, Juni aims to empower digital entrepreneurs by providing tools that enhance decision-making and facilitate business growth. The platform is designed to help users optimize their operations and leverage the opportunities within the digital commerce landscape.

Instabox

Series C in 2022
Instabox AB, based in Stockholm, Sweden, provides a freight forwarding service specializing in logistics for e-commerce retailers. The company offers an express shipping service that delivers packages to its network of smart delivery lockers across Sweden, Norway, and Denmark. Instabox enables same-day delivery for various online stores, reaching approximately six million customers in Sweden. The service caters to well-known brands, including H&M, Ikea, and Lloyds. Instabox has experienced significant growth, reportedly tripling its business each year over the past few years.

Billhop

Venture Round in 2022
Billhop is a payment institution that enables businesses and consumers to pay bills and invoices with their credit cards. Founded in 2011, the company is based in Stockholm, Sweden.

Candela Speed Boat

Venture Round in 2021
At Candela we build our own PCBAs and write the code from scratch. The result is a fully integrated experience. All information & interaction is managed on a 12-inch multi-touch screen. Forget the über-complicated chartplotters. Pan and zoom the way you are used to. When away from the boat, the dedicated App informs you in real time about charging status, position and every data point of your last ride.

Juni

Series A in 2021
Juni Technology AB is a fintech company based in Göteborg, Sweden, that specializes in developing a Software-as-a-Service banking application and platform tailored for e-commerce and online marketing entrepreneurs. Founded in 2020, Juni aims to empower digital entrepreneurs by providing tools that enhance decision-making and facilitate business growth. The platform is designed to help users optimize their operations and leverage the opportunities within the digital commerce landscape.

Anyfin

Series B in 2021
Anyfin AB, founded in 2017 and based in Stockholm, Sweden, offers a service that allows users to refinance their existing loans by simply taking a photo of their loan statements. By leveraging artificial intelligence and consumer data, the company aims to help individuals save money on private loans and avoid high interest rates and compound interest. Users can easily initiate the refinancing process by submitting a picture of their latest loan invoice through the company’s website or via messaging platforms. Although currently available only in Sweden, Anyfin has ambitions to expand its services across Europe, providing a more comprehensive assessment of borrowers’ financial situations than traditional credit scores. This innovative approach seeks to make refinancing and consolidating loans more accessible and cost-effective for consumers.

Heart Aerospace

Series A in 2021
Heart’s mission is to create the fastest, most affordable and sustainable transportation for regional travel to every corner of the world. Their first aircraft is the ES-19, a nineteen-passenger airliner with an operating range of 400 km. Heart's goal is to have the aircraft certified for commercial operation by 2026.

Willa

Series A in 2021
Willa Inc. is a fintech company founded in 2019, with its headquarters in Venice, California, and additional offices in Stockholm, Sweden, and Los Angeles, California. The company focuses on creating a payment process tailored specifically for freelancers and influencers, addressing their primary concern of timely payments. By streamlining the payment experience, Willa aims to alleviate the challenges that independent workers face in receiving compensation for their services.

Hiber

Series A in 2021
Hiber AB provides a browser-based game creation and social gaming platform. It allows users to design own games without the need to code and play the games created by other users on the Web browser, mobiles, tablets, and personal computers. Hiber AB was founded in 2017 and is based in Gothenburg, Sweden.

Lenus eHealth

Series A in 2021
Operator of a practice management platform built for nutritionists and fitness professionals. The company's technology platform allows professionals to create personalized diet plans for clients according to needs and food preferences, monitor improvement in health, and also receive payments, enabling coaches to optimize operational efficiency and overall productivity.

Curb Food

Venture Round in 2021
Curb Food is a delivery-first dark kitchen provider. The company creates all its food concepts, building each brand from the ground-up using insights and data, tailoring each to changing consumer demands.

Vev

Seed Round in 2021
Vev AS designs and develops a software tool that enables designers, creatives, and developers to design, build, and launch responsive websites visually. The company was founded in 2016 and is based in Oslo, Norway.

Einride

Series B in 2021
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Instabox

Series B in 2021
Instabox AB, based in Stockholm, Sweden, provides a freight forwarding service specializing in logistics for e-commerce retailers. The company offers an express shipping service that delivers packages to its network of smart delivery lockers across Sweden, Norway, and Denmark. Instabox enables same-day delivery for various online stores, reaching approximately six million customers in Sweden. The service caters to well-known brands, including H&M, Ikea, and Lloyds. Instabox has experienced significant growth, reportedly tripling its business each year over the past few years.

Wolt

Series E in 2021
Wolt is a Helsinki-based company that specializes in food delivery services, enabling users to conveniently discover and order meals for home or office delivery. The platform offers a mobile interface that facilitates access to a variety of dining options, including takeaway services. Since its inception, Wolt has attracted significant investment, raising $280 million from notable investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures, and Goldman Sachs.

Sana

Series A in 2021
Sana Labs specializes in leveraging artificial intelligence to enhance educational outcomes through personalized learning solutions. The company collaborates with prominent organizations to innovate and transform traditional learning methodologies. Its interdisciplinary teams, comprising professionals from prestigious institutions and companies, including Google AI and Spotify, focus on developing advanced AI technologies tailored for educational purposes. By harnessing these capabilities, Sana Labs aims to redefine the learning experience, making it more effective and accessible for diverse learners worldwide.

Kive

Seed Round in 2020
Kive is a Stockholm-based company founded in 2018 that specializes in creating an AI-driven platform for managing visual assets. The platform utilizes machine learning to automatically categorize and organize content based on various attributes, including styles, environments, objects, lighting, actions, faces, and shot types. This enables creatives such as filmmakers, designers, and e-commerce brands to efficiently build and maintain a self-organizing library of visual assets. Additionally, Kive facilitates easy sharing of these assets, serving as both a portfolio and presentation tool while also connecting to social media platforms.

Curb Food

Seed Round in 2020
Curb Food is a delivery-first dark kitchen provider. The company creates all its food concepts, building each brand from the ground-up using insights and data, tailoring each to changing consumer demands.

Einride

Venture Round in 2020
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Varjo

Series C in 2020
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Traplight Oy

Venture Round in 2020
Traplight Oy, founded in 2010 and based in Tampere, Finland, specializes in developing mobile games that foster community engagement and creativity among players. The company focuses on creating accessible and immersive free-to-play games that deliver enjoyable gameplay experiences and meaningful progression. With a dedicated team of 28 professionals, Traplight emphasizes the importance of player feedback in shaping their games, ensuring that the entertainment they provide remains fresh and engaging over time. Notable achievements include their game Big Bang Racing, which was recognized as Best of 2016 in the App Store. Currently, Traplight is preparing for the soft launch of its next major title, continuing its commitment to delivering high-quality gaming experiences. The company is supported by various prominent investors, indicating a strong belief in its vision and potential within the gaming industry.

Willa

Seed Round in 2020
Willa Inc. is a fintech company founded in 2019, with its headquarters in Venice, California, and additional offices in Stockholm, Sweden, and Los Angeles, California. The company focuses on creating a payment process tailored specifically for freelancers and influencers, addressing their primary concern of timely payments. By streamlining the payment experience, Willa aims to alleviate the challenges that independent workers face in receiving compensation for their services.

Wolt

Series D in 2020
Wolt is a Helsinki-based company that specializes in food delivery services, enabling users to conveniently discover and order meals for home or office delivery. The platform offers a mobile interface that facilitates access to a variety of dining options, including takeaway services. Since its inception, Wolt has attracted significant investment, raising $280 million from notable investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures, and Goldman Sachs.

Anyfin

Series B in 2020
Anyfin AB, founded in 2017 and based in Stockholm, Sweden, offers a service that allows users to refinance their existing loans by simply taking a photo of their loan statements. By leveraging artificial intelligence and consumer data, the company aims to help individuals save money on private loans and avoid high interest rates and compound interest. Users can easily initiate the refinancing process by submitting a picture of their latest loan invoice through the company’s website or via messaging platforms. Although currently available only in Sweden, Anyfin has ambitions to expand its services across Europe, providing a more comprehensive assessment of borrowers’ financial situations than traditional credit scores. This innovative approach seeks to make refinancing and consolidating loans more accessible and cost-effective for consumers.

Reworks

Venture Round in 2020
Next Generation Mobile Lifestyle Games

Einride

Series A in 2019
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Wolt

Series C in 2019
Wolt is a Helsinki-based company that specializes in food delivery services, enabling users to conveniently discover and order meals for home or office delivery. The platform offers a mobile interface that facilitates access to a variety of dining options, including takeaway services. Since its inception, Wolt has attracted significant investment, raising $280 million from notable investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures, and Goldman Sachs.

Heart Aerospace

Seed Round in 2019
Heart’s mission is to create the fastest, most affordable and sustainable transportation for regional travel to every corner of the world. Their first aircraft is the ES-19, a nineteen-passenger airliner with an operating range of 400 km. Heart's goal is to have the aircraft certified for commercial operation by 2026.

Peakon

Series B in 2019
Peakon ApS, founded in 2008 and based in Copenhagen, Denmark, specializes in real-time people analytics aimed at enhancing employee engagement and retention. The Peakon platform automatically gathers employee feedback and analyzes it to provide actionable insights for organizations. It supports a diverse range of users by being available in over 50 languages and can accommodate complex organizational structures with tens of thousands of employees. Feedback can be submitted through various channels, including web, mobile browsers, SMS, kiosks, and a native app, enabling organizations to foster an environment where employees can reach their full potential.

Peltarion

Series A in 2019
Peltarion is a Swedish company founded in 2004 that specializes in providing a graphical cloud platform designed for the development, management, and deployment of deep learning systems. Headquartered in Stockholm, Peltarion's platform facilitates the execution of AI projects from start to finish, making it accessible and user-friendly. The company's technology has been adopted by over 300 organizations, including notable entities such as NASA, Tesla, and General Electric, as well as prestigious academic institutions like Harvard and MIT. Peltarion's mission is to make AI technology usable and affordable for a wide range of users, promoting the collaborative advancement of deep learning applications.

Varjo

Series B in 2018
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Nectarine Health

Series A in 2018
Nectarine Health is an AI-driven and people-powered Swedish innovation company with an international team and sales offices in the USA. We aim to improve the lives of elderly people who want to maintain their sense of independence and security while living at home, with great respect for their privacy and dignity. We have developed an AI system based on machine learning that enables caregivers to act exactly when it matters the most. The Nectarine Health™ at Home care system monitors physical activity trends, sends automated alerts in case of falls, and provides long-term well-being insights which can assist in proactive healthcare.

BIMobject

Post in 2018
BIMobject AB operates a cloud-based content platform for the global construction industry, specializing in the creation and management of digital replicas of building products known as BIM objects. The company's offerings include BIMobject Cloud, a central database for BIM object information; BIMobject Apps; and BIManalytics Core, which provides analytics for pre-sales and marketing activities. Additionally, BIMobject facilitates the development and maintenance of digital product catalogs through the BIMobject Product Site and offers solutions such as BIMscript for content creation and BIMsupply for generating bills of materials and tenders. The company also provides services in 3D modeling, programming, and data conversion. Established in 2011 and headquartered in Malmö, Sweden, BIMobject has formed strategic partnerships, including one with Solar A/S, to enhance its digital construction services.

Baffin Bay Networks

Seed Round in 2018
Baffin Bay Networks is a Swedish cybersecurity company that delivers cloud-based security platform for network and application attacks prevention.

Peltarion

Venture Round in 2018
Peltarion is a Swedish company founded in 2004 that specializes in providing a graphical cloud platform designed for the development, management, and deployment of deep learning systems. Headquartered in Stockholm, Peltarion's platform facilitates the execution of AI projects from start to finish, making it accessible and user-friendly. The company's technology has been adopted by over 300 organizations, including notable entities such as NASA, Tesla, and General Electric, as well as prestigious academic institutions like Harvard and MIT. Peltarion's mission is to make AI technology usable and affordable for a wide range of users, promoting the collaborative advancement of deep learning applications.

Peakon

Series B in 2018
Peakon ApS, founded in 2008 and based in Copenhagen, Denmark, specializes in real-time people analytics aimed at enhancing employee engagement and retention. The Peakon platform automatically gathers employee feedback and analyzes it to provide actionable insights for organizations. It supports a diverse range of users by being available in over 50 languages and can accommodate complex organizational structures with tens of thousands of employees. Feedback can be submitted through various channels, including web, mobile browsers, SMS, kiosks, and a native app, enabling organizations to foster an environment where employees can reach their full potential.

Small Giant Games

Venture Round in 2018
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Wolt

Series B in 2018
Wolt is a Helsinki-based company that specializes in food delivery services, enabling users to conveniently discover and order meals for home or office delivery. The platform offers a mobile interface that facilitates access to a variety of dining options, including takeaway services. Since its inception, Wolt has attracted significant investment, raising $280 million from notable investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures, and Goldman Sachs.

Natural Cycles

Series B in 2017
Natural Cycles is a pioneering company in the field of digital contraception, focusing on female reproductive health through its contraceptive app. The app enables users to track their basal body temperature each morning, which, along with other data such as luteinizing hormone levels, is processed by an algorithm to determine fertility status. By analyzing individual inputs, the app forecasts which days women are fertile, providing a color-coded calendar to indicate when unprotected intercourse may be feasible. Users are required to measure and enter their body temperature daily using a basal thermometer for accurate predictions. This subscription-based service aims to simplify fertility tracking and empower women in managing their reproductive health.

Varjo

Series A in 2017
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Nectarine Health

Series A in 2017
Nectarine Health is an AI-driven and people-powered Swedish innovation company with an international team and sales offices in the USA. We aim to improve the lives of elderly people who want to maintain their sense of independence and security while living at home, with great respect for their privacy and dignity. We have developed an AI system based on machine learning that enables caregivers to act exactly when it matters the most. The Nectarine Health™ at Home care system monitors physical activity trends, sends automated alerts in case of falls, and provides long-term well-being insights which can assist in proactive healthcare.

Min Doktor

Series B in 2017
Min Doktor was founded by Swedish doctors in Lund with a clear vision, namely greater efficiency by simplifying the patient. We want to make health care available by allowing you to meet experienced doctors on your terms. When you have time, wherever you are and with technology you are used to using.

Peakon

Series B in 2017
Peakon ApS, founded in 2008 and based in Copenhagen, Denmark, specializes in real-time people analytics aimed at enhancing employee engagement and retention. The Peakon platform automatically gathers employee feedback and analyzes it to provide actionable insights for organizations. It supports a diverse range of users by being available in over 50 languages and can accommodate complex organizational structures with tens of thousands of employees. Feedback can be submitted through various channels, including web, mobile browsers, SMS, kiosks, and a native app, enabling organizations to foster an environment where employees can reach their full potential.

Small Giant Games

Series A in 2017
Small Giant Games was founded in early 2013 with the belief that small, talented teams can do extraordinary things. We bring years of experience to the table, with a crew of top players in game development, software engineering and graphic design. We’re based right in the heart of downtown Helsinki, Finland.

Min Doktor

Venture Round in 2016
Min Doktor was founded by Swedish doctors in Lund with a clear vision, namely greater efficiency by simplifying the patient. We want to make health care available by allowing you to meet experienced doctors on your terms. When you have time, wherever you are and with technology you are used to using.

Peltarion

Seed Round in 2016
Peltarion is a Swedish company founded in 2004 that specializes in providing a graphical cloud platform designed for the development, management, and deployment of deep learning systems. Headquartered in Stockholm, Peltarion's platform facilitates the execution of AI projects from start to finish, making it accessible and user-friendly. The company's technology has been adopted by over 300 organizations, including notable entities such as NASA, Tesla, and General Electric, as well as prestigious academic institutions like Harvard and MIT. Peltarion's mission is to make AI technology usable and affordable for a wide range of users, promoting the collaborative advancement of deep learning applications.

Watty

Seed Round in 2016
Watty AB is a Swedish company that specializes in energy management solutions for both businesses and private individuals. Founded in 2013 and based in Stockholm, Watty offers a product known as NILS, which is installed by placing a device on the electricity meter. This solution utilizes machine learning algorithms to analyze aggregate energy data, breaking it down into distinct components by recognizing the unique behavior and usage patterns of individual appliances. As a result, NILS provides detailed diagnostics of a home's energy consumption based on data from a single measurement source. Watty also offers a subscription-based service that includes a Watty box and an accompanying app, allowing users to monitor their energy usage in real-time and gain insights into their home. This innovation combines various technologies, including artificial intelligence, hardware, Internet of Things (IoT), and Software as a Service (SaaS), enabling users to make informed and sustainable choices in their daily energy consumption.

Unomaly

Series A in 2016
Unomaly AB is a software company that specializes in monitoring critical systems and digital environments through automated data analysis and anomaly detection. Founded in 2012 and headquartered in Stockholm, Sweden, with an additional office in London, the company offers solutions such as Investigate, which automates the analysis of anomalous incidents and provides insights into their causes; Detect, which identifies and alerts users to unknown incidents and problems; and Comply, which helps organizations establish processes for situational awareness. Unomaly serves a diverse range of customers across various sectors, both in Sweden and internationally. The company operates as a subsidiary of LogicMonitor, Inc.

Wolt

Series A in 2016
Wolt is a Helsinki-based company that specializes in food delivery services, enabling users to conveniently discover and order meals for home or office delivery. The platform offers a mobile interface that facilitates access to a variety of dining options, including takeaway services. Since its inception, Wolt has attracted significant investment, raising $280 million from notable investors such as ICONIQ Capital, Highland Europe, 83North, EQT Ventures, and Goldman Sachs.

Min Doktor

Series A in 2016
Min Doktor was founded by Swedish doctors in Lund with a clear vision, namely greater efficiency by simplifying the patient. We want to make health care available by allowing you to meet experienced doctors on your terms. When you have time, wherever you are and with technology you are used to using.