EQT Ventures

EQT Ventures, established in 2015, is a Stockholm-based venture capital firm managing over €2.3 billion across three funds. It invests in seed, early, and later-stage technology and SaaS companies across Europe and the United States, with a focus on ambitious founders building global success stories. The firm provides more than just capital, offering support and advice throughout various growth stages. EQT Ventures has a data-driven approach, leveraging its in-house AI platform, Motherbrain, which has facilitated over $100 million in portfolio company investments. The team operates from six offices, taking a 'locals-with-locals' approach to support founders on the ground.

Shivram Ayyagari

Partner

Polly Barnes

Operating Partner

Rania Belkahia

Partner

Yash Doshi

Venture Lead

Jenny Dreier

Director

Martin Eriksson

Operating Partner

Tomas Gutfreund

Partner

Julien hobeika

Partner

Doreen Huber

Partner

Lars Jörnow

Partner and Head of EQT Ventures Advisory Team

Sandra Malmberg

Partner

Tom Mendoza

Partner

Naza Metghalchi

Principal

Thomas Poitrineau

Director

Sai Sriramagiri

Venture Analyst

Kaushik Subramanian

Partner

Carl Svantesson

Partner

Lucy Wimmer

Operating Partner, Comms

Past deals in Electric Vehicle

Candela Technology

Series C in 2024
Candela Technology designs and manufactures sustainable electric hydrofoil vessels aimed at revolutionizing marine transportation. By leveraging advanced flight control systems and fully submerged hydrofoils, Candela's boats achieve silent operation above the waves, enhancing comfort and reducing travel times compared to traditional vessels. The company is committed to facilitating a transition to fossil-fuel-free lakes and oceans, offering an all-electric propulsion system that caters to both leisure boating and public transport needs. Candela's mission is to create electric boats that not only match but exceed the performance of their fossil fuel counterparts, pushing the boundaries of efficiency in the maritime industry.

Camion

Pre Seed Round in 2024
Camion is a technology company that develops a platform to facilitate the large-scale electrification of real estate holdings and investment portfolios. Its platform provides real estate owners and investors with access to electrification-ready facilities, featuring on-site solar energy, integrated electric vehicle charging, and automated billing, all in a single lease model. This enables fleet operators and real estate developers to lower energy costs, simplify operations, and achieve sustainability objectives while mitigating grid capacity issues.

Candela Technology

Venture Round in 2024
Candela Technology designs and manufactures sustainable electric hydrofoil vessels aimed at revolutionizing marine transportation. By leveraging advanced flight control systems and fully submerged hydrofoils, Candela's boats achieve silent operation above the waves, enhancing comfort and reducing travel times compared to traditional vessels. The company is committed to facilitating a transition to fossil-fuel-free lakes and oceans, offering an all-electric propulsion system that caters to both leisure boating and public transport needs. Candela's mission is to create electric boats that not only match but exceed the performance of their fossil fuel counterparts, pushing the boundaries of efficiency in the maritime industry.

Heart Aerospace

Series B in 2024
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Verkor

Series C in 2023
Verkor is a manufacturer of battery cells dedicated to increasing the production of low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly reduced carbon footprint compared to traditional options, which minimizes emissions associated with logistics. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with cost-effective battery solutions that align with sustainability goals.

Candela Technology

Venture Round in 2023
Candela Technology designs and manufactures sustainable electric hydrofoil vessels aimed at revolutionizing marine transportation. By leveraging advanced flight control systems and fully submerged hydrofoils, Candela's boats achieve silent operation above the waves, enhancing comfort and reducing travel times compared to traditional vessels. The company is committed to facilitating a transition to fossil-fuel-free lakes and oceans, offering an all-electric propulsion system that caters to both leisure boating and public transport needs. Candela's mission is to create electric boats that not only match but exceed the performance of their fossil fuel counterparts, pushing the boundaries of efficiency in the maritime industry.

Einride

Series C in 2022
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.

Dott

Debt Financing in 2022
Dott is a micromobility company based in Amsterdam, Netherlands, that specializes in providing shared electric scooters and electric bikes for short-distance travel. Founded in 2018, Dott focuses on offering safe, convenient, and sustainable alternatives for urban commuting. The company's electric bikes are designed with features that enhance safety and performance, including wide decks for improved stability, optimized center of gravity, and double brake systems. These innovations ensure a reliable riding experience. Dott aims to make urban transportation more accessible and environmentally friendly, helping to reduce congestion and emissions in city centers.

Dott

Series B in 2022
Dott is a micromobility company based in Amsterdam, Netherlands, that specializes in providing shared electric scooters and electric bikes for short-distance travel. Founded in 2018, Dott focuses on offering safe, convenient, and sustainable alternatives for urban commuting. The company's electric bikes are designed with features that enhance safety and performance, including wide decks for improved stability, optimized center of gravity, and double brake systems. These innovations ensure a reliable riding experience. Dott aims to make urban transportation more accessible and environmentally friendly, helping to reduce congestion and emissions in city centers.

Candela Technology

Series A in 2021
Candela Technology designs and manufactures sustainable electric hydrofoil vessels aimed at revolutionizing marine transportation. By leveraging advanced flight control systems and fully submerged hydrofoils, Candela's boats achieve silent operation above the waves, enhancing comfort and reducing travel times compared to traditional vessels. The company is committed to facilitating a transition to fossil-fuel-free lakes and oceans, offering an all-electric propulsion system that caters to both leisure boating and public transport needs. Candela's mission is to create electric boats that not only match but exceed the performance of their fossil fuel counterparts, pushing the boundaries of efficiency in the maritime industry.

Candela Speed Boat

Venture Round in 2021
Candela Speed Boat is a manufacturer of electric hydrofoil boats designed to promote the transition to fossil-fuel-free watercraft. The company combines an advanced flight control system with fully submerged hydrofoils, allowing its boats to glide silently above the water's surface. This innovative design offers clients an all-electric propulsion system suitable for leisure boating and public transport. Additionally, Candela develops its own printed circuit board assemblies (PCBAs) and custom software, resulting in a fully integrated user experience managed through a 12-inch multi-touch screen. An accompanying mobile app provides real-time information about the boat's charging status, position, and ride data, enhancing the overall user experience.

Heart Aerospace

Series A in 2021
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Verkor

Venture Round in 2021
Verkor is a manufacturer of battery cells dedicated to increasing the production of low-carbon batteries to meet the rising demand for electric vehicles. The company emphasizes the development of batteries that have a significantly reduced carbon footprint compared to traditional options, which minimizes emissions associated with logistics. By utilizing carbon-free electricity in its production processes, Verkor aims to provide businesses with cost-effective battery solutions that align with sustainability goals.

Einride

Series B in 2021
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.

Dott

Series B in 2021
Dott is a micromobility company based in Amsterdam, Netherlands, that specializes in providing shared electric scooters and electric bikes for short-distance travel. Founded in 2018, Dott focuses on offering safe, convenient, and sustainable alternatives for urban commuting. The company's electric bikes are designed with features that enhance safety and performance, including wide decks for improved stability, optimized center of gravity, and double brake systems. These innovations ensure a reliable riding experience. Dott aims to make urban transportation more accessible and environmentally friendly, helping to reduce congestion and emissions in city centers.

Einride

Venture Round in 2020
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.

Einride

Series A in 2019
Einride AB, established in 2016, specializes in sustainable freight transportation. Headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, the company manufactures electric trucks, known as Einride Pods, for road freight. These vehicles are designed for autonomous operation, reducing emissions and enhancing safety. Einride also offers digital platforms for clients to plan, order, and track shipments, providing real-time data and insights. Notably, Einride became the first company to operate an autonomous, electric freight vehicle on a public road in 2019.

Dott

Series A in 2019
Dott is a micromobility company based in Amsterdam, Netherlands, that specializes in providing shared electric scooters and electric bikes for short-distance travel. Founded in 2018, Dott focuses on offering safe, convenient, and sustainable alternatives for urban commuting. The company's electric bikes are designed with features that enhance safety and performance, including wide decks for improved stability, optimized center of gravity, and double brake systems. These innovations ensure a reliable riding experience. Dott aims to make urban transportation more accessible and environmentally friendly, helping to reduce congestion and emissions in city centers.

Heart Aerospace

Seed Round in 2019
Heart Aerospace AB, established in 2018 with headquarters in Gothenburg, Sweden, and operations in Palo Alto, California, specializes in developing electric regional airliners certified for passenger flight. The company's mission is to facilitate swift, affordable, and sustainable travel for regional journeys worldwide. Their flagship aircraft, the ES-19, is a nineteen-passenger electric airliner designed with an operating range of 400 km, aiming to reduce fuel and maintenance costs compared to traditional aircraft while emitting zero operational emissions. Heart Aerospace targets commercial operation certification for the ES-19 by 2026.

Dott

Series A in 2018
Dott is a micromobility company based in Amsterdam, Netherlands, that specializes in providing shared electric scooters and electric bikes for short-distance travel. Founded in 2018, Dott focuses on offering safe, convenient, and sustainable alternatives for urban commuting. The company's electric bikes are designed with features that enhance safety and performance, including wide decks for improved stability, optimized center of gravity, and double brake systems. These innovations ensure a reliable riding experience. Dott aims to make urban transportation more accessible and environmentally friendly, helping to reduce congestion and emissions in city centers.
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