Industrifonden

Industrifonden is a venture capital firm specializing in investments in early stage, seed, start-up, development and expansion capital in small and medium size companies. It invests in technology, life science, and industrial growth. Within technology sector it focuses on internet and media, information technology including hardware and software, telecom, mobile, electronics, Industry 4.0(automation, robotics, IoT), B2B Software, metal, disruptive technology, deep tech (AI, blockchain, new materials), industrial technology, and cleantech. Within life science sector is focuses on pharmaceuticals and medical technology. Within industrial Growth it focuses on manufacturing and established service companies. The firm invests in small and medium enterprises based in Sweden. The firm typically invests between SEK 5 million ($687,500) to SEK 100 million ($13.75 million) in companies with turnover up to SEK 400 million ($55 million). For expansion capital it usually invests SEK 5 million ($687,500) to SEK 100 million ($13.75) per company in information technology and life sciences sector. It usually invests SEK 5 million ($687,500) to SEK 145 million ($19.94 million) per company for expansion capital investments in industrial growth sector. The firm provides financing to companies in form of equity capital and various types of loans and guarantees. For its equity investments, it either invests directly in the company or indirectly through convertibles that are later converted to shares. The firm actively co-invests with other regional venture capital firms. It is an active minority investor that seeks ownership interests of between 15 and 50 percent. The firm usually exits its investments in five to ten years either through a sale to an industry player or via an initial public offering. Industrifonden was founded in 1979 and is based in Stockholm, Sweden with an additional office in Malmö, Sweden; Linköping, Sweden; and Gothenburg, Sweden.

Per Anell

Senior Investment Director, Acting CEO

IB

Iliam Barkino

Associate, Deep Tech

AB

Alex Basu

Principal

Jonas Brambeck

Senior Investment Director

Thomas Carlström

Senior Investment Manager

Hadar Cars

Investment Director

Johan Englund

Senior Advisor

Thomas Gorling

Senior Investment Director

Lars Henriksson

Investment Manager Life Science

NJ

Nicholas Jakobsson

Investment Manager of Technology

Jonas Jendi

CIO and Head of Analysis

Anna Ljungdahl

Investment Director and Head of Sustainability

LL

Leif Lundblad

Director

RL

Rebecka Löthman

Investment Director

CM

Caroline Murray

CFO

Tomas Nygren

Senior Advisor

Wenche Rolfsen Sandsborg

Former Director

Bita Sehat

Investment Director

ES

Ester Sklarsky

Associate

Patrik Sobocki

Investment Director

David Sonnek

CEO

Tore Tolke

Senior Investment Director

Matti Zemack

Investment Director

169 past transactions

Fältcommunications AB

Venture Round in 2009
Fält Communications provides value-added features and systems for reliable and secure machine to machine communiation. Fält Communications makes life easier for people and strives for a sustainable society. We have implemented nearly 150.000 installations, mainly in Europe but also in the US and Asia. We are proud to be able to assist our customer's operations to become more efficient, with the help of our technology and to reduce the impact on our environment, as our solutions will encourage transports to be fewer and energy consumptions less. We are market leading when it comes to mobile platforms on busses, with solutions such as onboard Wi-Fi and camera surveillance. All speed cameras in Sweden are also equipped with FältCom’s technology. When you are stepping into a lift its most likely that FältCom ensure the safety with an alarm system.

Anyfi Networks AB

Seed Round in 2012
Anyfi specializes in mobile Wi-Fi solutions that use existing Wi-Fi assets for radio access and already distributed user credentials for subscriber authentication. Their aim is to enable frictionless Wi-Fi using the hardware that today is locked-up in private networks.

Nextory AB

Venture Round in 2016
Nextory AB develops mobile application that offers subscription service for access of e-books and audio books. The company is headquartered in Kista, Sweden.

Sol Voltaics AB

Venture Round in 2011
Sol Voltaics AB, a nanotechnology company, focuses on improving the efficiency of energy capture, generation, and storage using miniscule amounts of novel nanomaterials for manufacturers and developers. It provides SolFilm, a solar panel additive containing gallium arsenide nanowires that increases the efficiency of silicon solar modules. The company was founded in 2007 and is based in Lund, Sweden.

Occtoo AB

Seed Round in 2020
Occtoo AB operates a software as a service based experience data platform that provides application programming interface services. The company provides no-code and low code, experience It provides marketers and content managers to orchestrate the content experience of brand creating personalized user experiences. It provides services, such as content personalization, dynamic product profiling, brand shops and mini sites, brand reseller engagement, customer insights, data consolidation and machine learning, and headless personalization. It serves brands, retail, and wholesale industries. The company was founded in 2019 and is based in Vellinge, Sweden.

ZeroPoint Technologies AB

Seed Round in 2023
ZeroPoint Technologies AB was created in 2016 as a spinout from Chalmers University of Technology. The Intellectual Property Portfolio related to computer memory management was the acquired from the University and transferred into a new startup. The Technology, ideas and many of the people behind and with ZeroPoint comes from Professor Per Stenströms research group, which is internationally recognized for excellence within high-performance Computing. Since its creation, ZeroPoint has attracted skilled people from industry, finance and the startup community and raised its’ first round of Venture Capital in 2016.

Accedo

Series A in 2007
Enables TV applications for TV operators and media companies
Calliditas Therapeutics, a specialty pharmaceutical company that develops pharmaceutical products in fields of unmet medical need. Its products include Nefecon, a treatment for IgA nephropathy and Busulipo, an alternative for myeloablation prior to bone marrow transplantation. The company was founded in 1991 and is headquartered in Stockholm, Sweden.

Flexenclosure AB (publ)

Series A in 2013
Flexenclosure is an engineering company based in Sweden. We specialise in intelligent telecom site solutions, helping operators all over the world expand and modernise their networks. Our products are factory built and modular. This way, we can guarantee premium reliability and great flexibility. We believe firmly in renewable energy – but not only for the sake of the environment. Our products prove that switching to green energy is an incredibly efficient way to cut operating costs. We also believe that technology can, and should, make a difference to people – wherever in the world they may be. Community Power is an example of this, making electricity, and thereby social development, available to people in rural areas. We act on a global market. Among our clients are telecom companies like Ericsson, Airtel, MTN and Zain.

Mitra Medical Technology

Venture Round in 2005
Mitra Medical Technology AB, a biomedical company, develops systems for systemic cancer therapy and diagnosis. It uses tumor specific monoclonal antibodies as carriers of cell killing agents. The company was founded in 1996 and is based in Lund, Sweden.

Gesynta Pharma AB

Series C in 2020
Gesynta Pharma AB engages in arachidonic acid research to explore the use of mPGES-1 inhibition in cardiovascular diseases and cancer. The company develops oral treatments for patients with chronic inflammatory conditions. Its products include mPGES-1, inhibitors for microvascular diseases in chronic inflammatory conditions; and GS-248, highly potent mPGES-1 inhibitor with drug-like properties. Gesynta Pharma AB was founded in 2017 and is based in Solna, Sweden.

Mantex

Venture Round in 2013
Mantex products deliver real time analysis of organic materials used in industrial processes. Mantex AB use an advanced configuration of his miraculous discovery to measure organic materials – inside and out, and detect foreign objects, and a lot more besides. All processes that refine or use harvested trees, plants or crops are influenced by variations in the properties of the raw material. In particular the large differences in water content causes challenges for purchasing and processing organic matter in industrial quantities.

Minervax ApS

Series B in 2020
Minervax is pursuing the development of a vaccine against Group B streptococcus (GBS) infections by utilizing a particular fusion protein, which has proved to elicit good protective immunity. A vaccine including this fusion protein will likely elicit protective immunity against many clinically relevant GBS strains.

Qwaya

Series A in 2013
Qwaya is a technology company focused on building tools for paid social media marketing. The company is a specialists in Facebook marketing and has a team with extensive experience in software development and online marketing. Qwaya is a sophisticated Facebook advertising tool with powerful features that is easy to use, affordable and accessible to a wide range of advertisers and agencies world wide. In particular Qwaya distinguishes itself through: - Low flat fee pricing - Instant access signup - Ease of use Qwaya is a certified Facebook Preferred Marketing Developer

TrusTrace

Series A in 2021
TrusTrace journey began when four techie-friends, during a regular meet-up started discussing about the environmental impact of certain goods they used and how their purchasing decisions would change if such information was available. The discussion led to the idea of TrusTrace which enables Conscious Consumerism and Conscious Production. TrusTrace cloud based solution enables customers with varying levels of supply chain complexity and integration to Measure, Monitor and Communicate about various aspects of a product - quality, impact on environment, social impact.

Occtoo AB

Seed Round in 2021
Occtoo AB operates a software as a service based experience data platform that provides application programming interface services. The company provides no-code and low code, experience It provides marketers and content managers to orchestrate the content experience of brand creating personalized user experiences. It provides services, such as content personalization, dynamic product profiling, brand shops and mini sites, brand reseller engagement, customer insights, data consolidation and machine learning, and headless personalization. It serves brands, retail, and wholesale industries. The company was founded in 2019 and is based in Vellinge, Sweden.

Decuma AB

Venture Round in 2003
Decuma AB is focused on the development of handwriting recognition software solutions. It offers its software solutions for manufacturers of mobile phones, PDAs, tablets, PCs, and digital pens. Decuma AB was acquired by Zi Corporation in January 2005. Decuma AB was founded in 1999 and is based in Lund, Sweden.

eBuilder

Venture Round in 2009
eBuilder is a global company that optimizes and automates administrative processes for corporations and public sector agencies through IT-based business process outsourcing.

Micromuscle

Venture Round in 2006
Micromuscle AB was founded in 2000 to develop innovative biomedical products based on the company's proprietary electroactive polymer technology-MICROMUSCLE technology. Micromuscle's proprietary technology relates to electroactive polymers which are capable of expanding and contracting when subjected to an electric potential.

inRiver

Venture Round in 2013
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

Nextory AB

Venture Round in 2022
Nextory AB develops mobile application that offers subscription service for access of e-books and audio books. The company is headquartered in Kista, Sweden.

Calliditas Therapeutics AB (publ)

Venture Round in 2012
Calliditas Therapeutics, a specialty pharmaceutical company that develops pharmaceutical products in fields of unmet medical need. Its products include Nefecon, a treatment for IgA nephropathy and Busulipo, an alternative for myeloablation prior to bone marrow transplantation. The company was founded in 1991 and is headquartered in Stockholm, Sweden.

Open Payments Europe

Seed Round in 2020
Open Payments Europe is a developer of an open banking platform used to offer a single, open, and secure point of access. The company provides the groundbreaking market infrastructure required for successful open banking. The Open Payments Platform is a PSD2 compliant API aggregation platform that offers a single, open, and secure point of access to the diverse bank API networks throughout Europe. It was founded in 2017 and is headquartered in Stockholm, Sweden.

Fishbrain

Series B in 2018
FishBrain AB develops a mobile application that connects sport fishing people and anglers. It offers Fishbrain, an application that enables users to connect and follow anglers and fishing spots; find fishing spots and research when the fish bite best; join conversations with other users; keep fishing log; and explore public catch locations. The company’s application also enables users to track and share personal statistics, such as caches per month, species, fishing locations, baits, and methods; find top baits for fishing locations, fish species, and fishing methods; and get fishing forecast for the next days. Its application is available on App Store and Google Play. FishBrain AB was founded in 2009 and is based in Stockholm, Sweden.

Airec AB

Venture Round in 2011
Airec have gained considerable expertise in the design, manufacture and application of Plate Heat Exchangers for most gas mediums. They also have resources for development, design and performance calculation of completely new products in the Gas Heat Exchangers Field.

ShardSecure, Inc.

Seed Round in 2021
ShardSecure operates as the data protection company. ShardSecure's Microshard™ technology offers protection for storing and sharing sensitive data in the cloud. ShardSecure provides a key additional security layer in the age of cloud, breaking down and distributing data to render it meaningless to cybercriminals.

ShardSecure, Inc.

Seed Round in 2019
ShardSecure operates as the data protection company. ShardSecure's Microshard™ technology offers protection for storing and sharing sensitive data in the cloud. ShardSecure provides a key additional security layer in the age of cloud, breaking down and distributing data to render it meaningless to cybercriminals.

NuvoAir AB

Series A in 2021
NuvoAir AB develops Air Next home spirometer, a medical device to monitor lung function. It offers its products online. The company was founded in 2015 and is based in Stockholm, Sweden.

Meniga

Venture Round in 2021
Meniga Ltd develops white-label digital banking solutions. It offers digital banking product helps in personal finance management, automated real-time notifications, predictive analytics and personalized engagement; and marketing products which help in providing card-linked offers and consumer data analytics. The company was founded in 2013 and is based in London, United Kingdom.
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

Garantibil

Venture Round in 2013
Hellre idiotsäker än en osäker idiot. Garantibil är den nya e-handelsplatsen för seriösa bilaffärer. Alla bilar som säljs genom oss är testade och provkörda av opartiska bilprovare, värderade av en värderingsman och försedda med helförsäkring och 2 års begagnadbil-garanti. Dessutom är köpesumman tryggad tills köpeavtalet är signerat och klart. Det gör att en Garantibil är säkrare att köpa och därför lättare att sälja. Mörka moln tornar upp sig för landets alla bilskojare.

Sol Voltaics AB

Grant in 2016
Sol Voltaics AB, a nanotechnology company, focuses on improving the efficiency of energy capture, generation, and storage using miniscule amounts of novel nanomaterials for manufacturers and developers. It provides SolFilm, a solar panel additive containing gallium arsenide nanowires that increases the efficiency of silicon solar modules. The company was founded in 2007 and is based in Lund, Sweden.

Elypta AB

Series A in 2022
Elypta is developing a metabolism-based liquid biopsy platform based on a new IVD laboratory assay kit and artificial intelligence algorithms trained by their clinical database. Elypta proudly sponsors the clinical trial series AURORAX to investigate applications in their lead indication renal cell carcinoma from surveillance of recurrence to monitoring treatment response. They also explore several other indications to understand the full potential for Elypta’s platform.

Arcam

Venture Round in 2002
Arcam AB provides additive manufacturing solutions for the production of metal components. The company offers Arcam Q10, an electron beam melting (EBM) machine for the industrial production of orthopedic implants; and Arcam A2, a solution for additive manufacturing of metal parts from a range of different materials in the aerospace industry. It also provides a suite of powder handling auxiliary equipment, including explosion-protected vacuum cleaners, powder handling trolleys, and powder recovery systems; and software, metal powders, service and application support, and training services. The company serves customers primarily in implant and aerospace industries in Sweden and internationally. Arcam AB was founded in 1997 and is headquartered in Gothenburg, Sweden.

DbVis Software

Venture Round in 2020
DbVis Software AB develops database management and analysis software. Its product DbVisualizer provides a database management tool that supports connecting to various data sources over a standardized protocol and offers management of database-specific objects; create, edit, and compile procedures, functions, and triggers; schema export; and compare of editors and result sets. DbVis Software AB was incorporated in 2000 and is based in Nacka, Sweden.

inRiver

Venture Round in 2017
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

NuvoAir AB

Venture Round in 2019
NuvoAir AB develops Air Next home spirometer, a medical device to monitor lung function. It offers its products online. The company was founded in 2015 and is based in Stockholm, Sweden.

ShardSecure, Inc.

Series A in 2022
ShardSecure operates as the data protection company. ShardSecure's Microshard™ technology offers protection for storing and sharing sensitive data in the cloud. ShardSecure provides a key additional security layer in the age of cloud, breaking down and distributing data to render it meaningless to cybercriminals.

MagComp AB

Venture Round in 2013
MagComp was established in 2005 as a spin-off from Lund University. Its roots lie back to 1988 during which soft magnetic composite and electromagnetic component design have been researched and developed on by the company’s technology leadership. Close R&D ties and cooperation still remain between MagComp and Lund University. The company is based in Eslöv in southern Sweden.

Nanoradio

Series B in 2006
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

TranSiC

Series B in 2008
TranSiC offers bipolar junction transistors in silicon carbide for clean tech efficient power electronics systems. The company's products are developed for higher voltages, higher operating temperatures and lower losses.

Nextory AB

Venture Round in 2020
Nextory AB develops mobile application that offers subscription service for access of e-books and audio books. The company is headquartered in Kista, Sweden.

TrialBee

Venture Round in 2020
Trialbee AB designs and develops a software as a service (SaaS) based patient matching and engagement solution for participating in clinical trials. It enables candidates for searching a range of clinical trials and analysis, awareness, pre-screening, and report services. The company offers patient recruitment, enrollment, and retention services through resource library, adherence reminders, and patient journey. It serves sponsors, CRO's, investigator sites, and patients. The company was founded in 2010 and is based in Malmö, Sweden.

Clavister Holding AB (publ.)

Venture Round in 2012
Clavister is a network security vendor delivering a full range of network security solutions, including Unified Threat Management (UTM) services, for both physical and virtualized environments. Their network security solutions are used by a wide range of organizations throughout the world, including leading telecommunications carriers, managed service providers and large enterprises, as well as small-medium businesses (SMB). Their product portfolio demonstrates world-class scalability, flexibility and low total cost of ownership (TCO).

Illuminate Labs

Venture Round in 2005
Headquartered in Gothenburg, Sweden, Illuminate Labs develops and markets rendering and baking technology especially tailored to satisfy the needs of game developers based on the proprietary LiquidLight technology. Turtle is a sophisticated rendering and baking plug-in for Autodesk Maya used for lighting and content creation in next-gen game development. Beast is a game engine-independent content pipeline tool used for advanced global illumination and dynamic relighting of characters.

agreement24 avtal24

Venture Round in 2012
Agreement24 is a legal services company that uses document automation technology, web applications and legal content to deliver legal services to consumers and businesses across Europe. The first version of the virtual lawyer was launched on the Swedish market early 2007 (avtal24). Agreement24:s cloud based platform, built on unique software, is easy and efficient to scale into new markets and products. Regardless of the jurisdiction (or the law) it can create the question flows, user design, database and the agreements efficiently. The more complex legal market the bigger the opportunity with this new technology that completely transforms and enhance the customer experience of legal help.

Athera Biotechnologies

Venture Round in 2017
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.

Barnebys

Venture Round in 2017
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

RxEye

Venture Round in 2010
RxEye provides solutions for radiology department managers and specialists in the public and private healthcare sector to share/transfer expertise, images, and patient information. The company is based in Sweden. As of December 30, 2015, RxEye operates as a subsidiary of Sectra Aktiebolag (publ).

Amra

Venture Round in 2017
AMRA is an international medical technology company, the first in the world to transform MR images into precise body composition measurements using a cloud-based, computer-aided service.They collaborate with world-leading pharmaceutical organizations, biobanks and population cohorts, research institutions, hospitals, and clinics, aiding in the advancement of metabolic research and therapeutic application. With more accurate knowledge about our bodies, AMRA assists the world's medical leaders in predicting and preventing disease.

Widespace AB

Venture Round in 2016
Widespace AB operates Summit, a digital programmatic ad platform and marketplace to deliver branding campaigns on mobile. The company offers inventory marketplace, formats and ad-serving, data marketplace, and reporting solutions. It offers a range of services to media buyers and publishers in relation to their purchases and sales of advertising inventory. Widespace AB was founded in 2007 and is headquartered in Stockholm, Sweden with additional offices in Amsterdam, the Netherlands; Copenhagen, Denmark; Helsinki, Finland; London, United Kingdom; Milan, Italy; Warsaw, Poland; Oslo, Norway; Paris, France; and Stockholm, Sweden. As of July 18, 2018, Widespace AB operates as a subsidiary of Sellbranch AB.

Resistentia Pharmaceuticals

Series C in 2006
Resistentia Pharmaceuticals, a biopharmaceutical company, develops immunotherapeutic products for allergic asthma and inflammatory disorders. It provides Immunoglobulin E for allergic reactions, including asthma, rhinitis, and dermatitis; and C5a for the treatment of inflammatory conditions, such as rheumatoid arthritis, asthma, and multiple sclerosis. Resistentia Pharmaceuticals AB was founded in 1998 and is based in Uppsala, Sweden.

TrialBee

Venture Round in 2018
Trialbee AB designs and develops a software as a service (SaaS) based patient matching and engagement solution for participating in clinical trials. It enables candidates for searching a range of clinical trials and analysis, awareness, pre-screening, and report services. The company offers patient recruitment, enrollment, and retention services through resource library, adherence reminders, and patient journey. It serves sponsors, CRO's, investigator sites, and patients. The company was founded in 2010 and is based in Malmö, Sweden.

Athera Biotechnologies

Venture Round in 2019
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.

Glionova

Series A in 2014
Glionova AB, a development stage biopharmaceutical company, is engaged in the development of therapies for difficult-to-treat cancers. The company develops GLN-1001, an orally bioavailable small molecule that induces selective cell death in glioblastoma cells without causing harm to normal brain tissue. Its GLN-1001 is used to treat patients suffering from glioblastoma (a common and aggressive primary brain tumor). The company also focuses on market its product through strategic partnerships with global oncology focused pharmaceutical companies. Glionova AB was founded in 2014 and is based in Stockholm, Sweden.

Crosser

Series A in 2019
Crosser designs and develops Streaming Analytics and Integration software for any Edge, On-premise or Cloud. The Crosser Platform enables real-time processing of streaming or batch data for Industrial IoT, Data Transformation, Analytics, Automation and Integration.

Lexly

Venture Round in 2021
Lexly now has an unparalleled position in the Nordic legal tech market. Group also includes brands Stirling Blue and Pactumize (main owner)

Meniga

Venture Round in 2017
Meniga Ltd develops white-label digital banking solutions. It offers digital banking product helps in personal finance management, automated real-time notifications, predictive analytics and personalized engagement; and marketing products which help in providing card-linked offers and consumer data analytics. The company was founded in 2013 and is based in London, United Kingdom.

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.

Sol Voltaics AB

Series D in 2017
Sol Voltaics AB, a nanotechnology company, focuses on improving the efficiency of energy capture, generation, and storage using miniscule amounts of novel nanomaterials for manufacturers and developers. It provides SolFilm, a solar panel additive containing gallium arsenide nanowires that increases the efficiency of silicon solar modules. The company was founded in 2007 and is based in Lund, Sweden.

Foap AB

Seed Round in 2013
Foap AB operates a markeplace that enables users to upload and sell their photos online. It enables sellers to upload their photos to the marketplace through their Foap mobile application. The company provides stock photo services for buyers. Foap AB was founded in 2011 and is based in Kristianstad, Sweden.

Peafowl Solar Power

Seed Round in 2022
Peafowl Solar Power AB manufactures solar and photovoltaic cells. It is used to power devices for Internet of things (IoTs), sensors, wearables, and glasses. The company was founded in 2018 and is based in Uppsala, Sweden.

Coresonic

Venture Round in 2010
Coresonic AB was formed as they recognized the growing market need for a new DSP architecture optimized for baseband applications; highly efficient, fully programmable and scalable but without the large complexity and excessive power consumption of typical VLIW DSP's. They were founded in 2004 based on the results of a three-year research project at Linköping University in Sweden, the leading computer science center in Northern Europe. The founders include Professor Dake Liu, Dr Eric Tell, Dr Anders Nilsson and Professor Christer Svensson from the electrical engineering department. In 2009, Johan Lodenius, a wireless and semiconductor industry veteran with significant management and international marketing experience, joined to complete the team that together bring decades of experience from; research, development and marketing of wireless semiconductors and silicon IP.

Avassa

Funding Round in 2020
Avassa Systems AB designs and develops a distributed edge cloud management platform that enables infrastructure and operations teams to deploy, monitor, and observe container applications across massively distributed locations where the location truly matters. Its platform allows users, devices, and equipment to interact with locally placed applications, as well as with public clouds. It provides various features, such as autonomous, observable, lean, multi-tenant, monetizable, open, secure, and scalable. The company was founded in 2020 and is based in Stockholm, Sweden.

Apica

Venture Round in 2017
Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protection from peak load.

Formulate

Venture Round in 2018
Formulate AB operates a promotion analytics platform for online and offline merchandising teams. The company provides facts, forecasts, and recommendations through the platform . The company operates the platform under the brand name Formulate Decision Cloud. The company offers a tool under the brand name True Lift to make better decisions. Formulate AB was founded in 2015 and is based in Stockholm, Sweden.

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.

Nanoradio

Venture Round in 2010
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

ZeroPoint Technologies AB

Seed Round in 2021
ZeroPoint Technologies AB was created in 2016 as a spinout from Chalmers University of Technology. The Intellectual Property Portfolio related to computer memory management was the acquired from the University and transferred into a new startup. The Technology, ideas and many of the people behind and with ZeroPoint comes from Professor Per Stenströms research group, which is internationally recognized for excellence within high-performance Computing. Since its creation, ZeroPoint has attracted skilled people from industry, finance and the startup community and raised its’ first round of Venture Capital in 2016.

Cartela AB

Venture Round in 2006
Cartela AB is a company principally engaged in research and development within the field of integrin research. Our main focus is centred on two collagen-binding integrins, alpha 10 and alpha 11, present on the cell surface of connective tissue cells.

Limina AB

Series A in 2021
Limina AB develops and delivers Limina IMS, a Software-as-a-Service investment management solution that covers order, portfolio, real-time, risk and compliance management, as well as collaboration tools. Its solution performs automatic pre-trade compliance checks, as well as scheduled checks intraday; places and manages orders and fills; and manages trades and positions automatically. The company also provides support services. Limina AB was founded in 2014 and is based in Stockholm, Sweden. It has locations in London, United Kingdom; and Ho Chi Minh city, China.

Fast Travel Games

Series B in 2021
Fast Travel Games is a new game development studio located in Stockholm, Sweden, building virtual reality games. Founded by game development veterans with years behind us at studios like EA DICE, Rovio and Avalanche, we want to change the way you play. We're gamers by heart, and believe VR is the ultimate platform for deep, engrossing game universes. Our mission is to build games where players are free to explore their surroundings, where they will experience rich narratives and interact with others in new and interesting ways.

Delphi Technologies

Series B in 2007
Delphi Technologies is a global provider of propulsion technologies that make vehicles drive cleaner, better and further. It offers pioneering solutions for internal combustion engine, hybrid and electric passenger cars and commercial vehicles. Delphi Technologies builds on its Original Equipment expertise to provide leading service solutions for the aftermarket. Headquartered in London (UK), the company operates technical centers, manufacturing sites, and customer support service centers in 24 countries and employs more than 21,000 people around the world.

Digip

Seed Round in 2021
Digip is a Swedish legal tech SaaS company that offers trademark accessible and affordable protection, By combining tech, know-how, and investments, Digip creates the most innovative technology on the market to enhance the customer experience, streamline processes and lower the cost of intellectual property protection.

Mblox

Venture Round in 2011
Founded in 1999, Mblox are the original SMS company. With over 100 direct carrier relationships and a global reputation for expertise in mobile messaging, they are trusted by more companies to carry their mission-critical traffic than any other service. Their cloud based mobile messaging platform processes 7 billion mobile messages a year on behalf of more than 4,000 customers. They provide services to fit any size business, from the small start-up to the largest multinational organisation. Every customer has access to 24/7 email support as standard, provided by an in-house team of experts. In addition they offer a variety of support packages to meet your business needs.

Crosser

Venture Round in 2021
Crosser designs and develops Streaming Analytics and Integration software for any Edge, On-premise or Cloud. The Crosser Platform enables real-time processing of streaming or batch data for Industrial IoT, Data Transformation, Analytics, Automation and Integration.

Bomill AB

Venture Round in 2014
BoMill AB provides grain quality sorting solutions. It offers TriQ, a process capacity grain quality sorting solution; and IQ, a grain sorting solution for laboratory use. The company also provides support services, such as customer care, Trac remote access, and installation services. It serves seed cleaning, producer, elevator/terminal, malt house, and organic farming, as well as flour, semolina, and feed mill industries. The company sells quality sorting technology and know-how throughout Europe, North America, and Australia through its own sales organization or agents/distributors. The company was founded in 2001 and is based in Malmo, Sweden.

Nanoradio

Venture Round in 2009
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Meniga

Corporate Round in 2020
Meniga Ltd develops white-label digital banking solutions. It offers digital banking product helps in personal finance management, automated real-time notifications, predictive analytics and personalized engagement; and marketing products which help in providing card-linked offers and consumer data analytics. The company was founded in 2013 and is based in London, United Kingdom.

Fishbrain

Seed Round in 2014
FishBrain AB develops a mobile application that connects sport fishing people and anglers. It offers Fishbrain, an application that enables users to connect and follow anglers and fishing spots; find fishing spots and research when the fish bite best; join conversations with other users; keep fishing log; and explore public catch locations. The company’s application also enables users to track and share personal statistics, such as caches per month, species, fishing locations, baits, and methods; find top baits for fishing locations, fish species, and fishing methods; and get fishing forecast for the next days. Its application is available on App Store and Google Play. FishBrain AB was founded in 2009 and is based in Stockholm, Sweden.

Imsys

Series A in 2005
Imsys AB designs and supplies networked microprocessor solutions to OEMs in the market of Embedded Control and Telematic systems. Imsys' patented technology for reconfigurable microprocessor cores enables cost effective integration of connectivity to machines or entire plants, as well as to field devices located outside the main facilities, providing remote control, monitoring and optimization of such assets. The processors are programmed in C/C++, assembler or Java. For efficient Java execution the full Java byte codes are part of a special instruction set. The platform is well suited for advanced Java ME systems with many threads.

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.

inRiver

Venture Round in 2020
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

Barnebys

Venture Round in 2012
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

poLight

Venture Round in 2016
poLight is developing micro optics components. The technology is based on proprietary and patented methods for creating active optical components based on deformable polymers. poLight's main project is to develop the world's smallest and most cost-efficient auto focus lens for micro cameras. The poLight technology is characterized by wafer scale manufacturability, compact size, low cost and high optical quality. poLight is based in Horten, outside Oslo, Norway.

Cardoz

Series A in 2010
Cardoz AB manufactures anti-inflammatory pharmaceuticals to combat heart and vascular disorders. The company was founded in 2006 and is based in Stockholm, Sweden.

Starcounter

Venture Round in 2017
Founded in 2006 by self-taught developer and entrepreneur Joachim Wester, Starcounter pioneering Artificial Intelligence and In-Memory Computing Technology Transforming Enterprise Software.. Starcounter is a privately held company headquartered in Stockholm, Sweden with offices in Gdansk, Polen and Palo Alto, US. A world leading R&D team within Artificial Intelligence and In-Memory Computing, 30+ scientists, ace mathematicians, algorithm experts and developers from 7 nations

InDex Pharmaceuticals

Venture Round in 2014
InDex Pharmaceuticals AB is a clinical stage biopharmaceutical company building a leading immunotherapy franchise based on its TLR platform (toll-like receptors). It discovers and develops DIMS drugs (DNA-based immunomodulatory sequence) to treat diseases within a variety of therapeutic areas, including inflammation and cancer.

Amra

Venture Round in 2015
AMRA is an international medical technology company, the first in the world to transform MR images into precise body composition measurements using a cloud-based, computer-aided service.They collaborate with world-leading pharmaceutical organizations, biobanks and population cohorts, research institutions, hospitals, and clinics, aiding in the advancement of metabolic research and therapeutic application. With more accurate knowledge about our bodies, AMRA assists the world's medical leaders in predicting and preventing disease.

Carmel Pharma

Seed Round in 2001
Carmel Pharma ab engages in the manufacture and distribution of products that improve the quality of life of people who prepare, administer, and dispose of hazardous drugs. It offers the PhaSeal System, a closed-system drug transfer device that prevents hazardous drug interaction with the environment. The company's PhaSeal product is implemented in various cancer centers, oncology practices, and specialty pharmacies in the United States, as well as facilities in Europe and Asia. Carmel Pharma ab was founded in 1994 and is headquartered in Mölndal, Sweden with an additional office in Columbus, Ohio.

Nanofactory Instruments

Series A in 2008
Nanofactory Instruments AB offers TEM holders for in situ probing of electrical and mechanical properties of nanostructures. Nanofactory Instruments AB was founded in 1999 and is headquartered in Goteborg, Sweden with an additional office in Richardson, Texas.

Logical Clocks AB

Series A in 2021
Logical Clocks AB develops and provides a data platform. The company offers Hops Enterprise Services using deep learning, stream processing, and SQL on hops. It also provides Hopsworks Enterprise, an on-premise data management and data science platform; plans and pricing solution; and ROI calculator using deeplearning11 GPU server; and data scientist ROI calculator. The company was founded in 2016 and is headquartered in Stockholm, Sweden.

Repeatit

Venture Round in 2005
Repeatit develops high quality wireless networking products for service providers and enterprises. By combining the latest wireless point to point & point to multipoint hardware available with our own technologies & cloud ecosystem, we are able to significantly increase performance while maintaining a disruptive price point. Offering world leading wireless technology for the best price vs. performance enables our customers to build future proof networks without prohibitive hardware, installation & management costs. Based in Sweden with offices in the Americas, EMEA and APAC, we have an active network of service providers, integrators and resellers which operate in a diversity of markets & applications. Ranging from complex next generation CCTV security networks to nationwide broadband connectivity to offshore data backhaul, our products provide a critical foundation to many organisations across each continent.

InDex Pharmaceuticals

Private Equity Round in 2011
InDex Pharmaceuticals AB is a clinical stage biopharmaceutical company building a leading immunotherapy franchise based on its TLR platform (toll-like receptors). It discovers and develops DIMS drugs (DNA-based immunomodulatory sequence) to treat diseases within a variety of therapeutic areas, including inflammation and cancer.

Barnebys

Series A in 2015
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

Sol Voltaics AB

Series C in 2016
Sol Voltaics AB, a nanotechnology company, focuses on improving the efficiency of energy capture, generation, and storage using miniscule amounts of novel nanomaterials for manufacturers and developers. It provides SolFilm, a solar panel additive containing gallium arsenide nanowires that increases the efficiency of silicon solar modules. The company was founded in 2007 and is based in Lund, Sweden.

Footway Group AB (publ)

Venture Round in 2012
Footway Group AB (publ) operates an online shoe store. The company is headquartered in Kista, Sweden.

Gyros

Series C in 2009
Gyros is the world leader in automated micro-immunoassays for therapeutic protein development. Gyrolab, the company's automated and open platform, is a versatile analytical tool that dramatically reduces the time required to optimize and execute immunoassays. Time for assay optimization is often cut from weeks, to a matter of days. This results in increased efficiency in process development and in clinical evaluation of therapeutic proteins. The ease of assay transfer is unsurpassed in the industry.

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.

Smartfish AS

Venture Round in 2013
Smartfish AS, a biotech company, develops omega 3 based emulsions for brain health, heart health, immune system, and recovery. It offers clinical nutritional products include Smartfish NutriFriend 1100, a product for cancer cachexia patients; and NutriFriend 600 for general malnutrition. The company also provides nutraceutical drinks, dietary supplements, nutritional treatment for cardiovascular disease, sports nutrition products; and juice-based pediatric and adult formulations. Its products are also used in hospitals. Smartfish AS was founded in 2001 and is based in Oslo, Norway.

Nanoradio

Series C in 2007
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Apica

Series B in 2011
Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protection from peak load.

Gesynta Pharma AB

Seed Round in 2019
Gesynta Pharma AB engages in arachidonic acid research to explore the use of mPGES-1 inhibition in cardiovascular diseases and cancer. The company develops oral treatments for patients with chronic inflammatory conditions. Its products include mPGES-1, inhibitors for microvascular diseases in chronic inflammatory conditions; and GS-248, highly potent mPGES-1 inhibitor with drug-like properties. Gesynta Pharma AB was founded in 2017 and is based in Solna, Sweden.

SEEC AB

Venture Round in 2011
SEEC was formed in October 2006 to develop, market and sell or lease energy stores with energy modules for large buildings. They develop and market their products for the domestic Swedish market as well as for export.

Conveneer

Series A in 2009
Mashmobile Sweden AB, also known as Mikz, operates as an information technology company which offers software products for direct content dissemination between mobile phones, personal digital assistants, laptops, and personal computers. The company operates in the fields of fixed-mobile convergence and mobile communities based on a P2P technology. Its technology enables users to navigate between devices by surfing from a personal computer to a mobile phone using a Web browser, or streaming music from a personal digital assistant to a mobile phone. It was formerly known as Conveneer AB. Mashmobile Sweden AB was founded in 2004 and is based in Lund, Sweden.

Fishbrain

Seed Round in 2013
FishBrain AB develops a mobile application that connects sport fishing people and anglers. It offers Fishbrain, an application that enables users to connect and follow anglers and fishing spots; find fishing spots and research when the fish bite best; join conversations with other users; keep fishing log; and explore public catch locations. The company’s application also enables users to track and share personal statistics, such as caches per month, species, fishing locations, baits, and methods; find top baits for fishing locations, fish species, and fishing methods; and get fishing forecast for the next days. Its application is available on App Store and Google Play. FishBrain AB was founded in 2009 and is based in Stockholm, Sweden.

Fishbrain

Series A in 2015
FishBrain AB develops a mobile application that connects sport fishing people and anglers. It offers Fishbrain, an application that enables users to connect and follow anglers and fishing spots; find fishing spots and research when the fish bite best; join conversations with other users; keep fishing log; and explore public catch locations. The company’s application also enables users to track and share personal statistics, such as caches per month, species, fishing locations, baits, and methods; find top baits for fishing locations, fish species, and fishing methods; and get fishing forecast for the next days. Its application is available on App Store and Google Play. FishBrain AB was founded in 2009 and is based in Stockholm, Sweden.

Fyndiq

Venture Round in 2014
Fyndiq AB, an e-commerce company, provides various products and services online. It offers products in the categories of mobile and surfboards, health and beauty, fashion, home, electronics, sports and leisure, and entertainment, as well as products for children. The company was founded in 2009 and is based in Stockholm, Sweden.

Funnel

Seed Round in 2013
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.

Burt

Seed Round in 2011
Burt AB provides engages in digital integration and analysis of consumer and advertiser data to accelerate sales. Its services allow to increase productivity with ad hoc reports, alerts, and actionable dashboards. Burt AB was founded in 2009 and is based in Gothenburg, Sweden with additional offices in New York, United States and Stockholm, Sweden.

Bonesupport Holding AB (publ)

Venture Round in 2016
BONESUPPORT is a medical technology company dedicated to the development of injectable osteoconductive biomaterials for the treatment of fragility fractures caused by osteoporosis, and bone voids or gaps caused by trauma, disease or related to surgical procedures. The company's mission is to restore health to enhance the quality of life for patients with bone disorders. BONESUPPORT was founded on 2000 and is headquartered in Lund, Sweden.

Keybroker AB

Venture Round in 2011
Keybroker AB provides search advertising solutions for advertisers in Europe. It offers CampaignControl, an online marketing platform that measures channels, ads, and search words that work and lead to sales on Web pages. The company serves Internet travel, financial services, electronics, travel, shopping, entertainment, and other retail business, as well as various brands. Keybroker AB was founded in 2005 and is based in Stockholm, Sweden.

Nextory AB

Venture Round in 2017
Nextory AB develops mobile application that offers subscription service for access of e-books and audio books. The company is headquartered in Kista, Sweden.

Barnebys

Venture Round in 2015
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

Now Interact

Seed Round in 2014
Now Interact is a software company with offices in London, Amsterdam, Palo Alto and the HQ in Stockholm. The mission is to create Predictive Intelligence applications that enhance existing online personalization- and engagement solutions. The company’s target audience is online-centric businesses and the software vendors that provide personalization solutions to those businesses. The first application, Personalized contact options, is used to optimize sales and customer experience across online and offline channels. The application is used by customers in the Nordics, Holland, UK, Germany and the US. The vision is to become the Predictive Intelligence turbochip inside the leading online personalization- and engagement platforms.

poLight

Venture Round in 2015
poLight is developing micro optics components. The technology is based on proprietary and patented methods for creating active optical components based on deformable polymers. poLight's main project is to develop the world's smallest and most cost-efficient auto focus lens for micro cameras. The poLight technology is characterized by wafer scale manufacturability, compact size, low cost and high optical quality. poLight is based in Horten, outside Oslo, Norway.

Heliospectra

Post in 2011
Heliospectra specializes in intelligent LED lighting systems for plant science and horticulture applications. Heliospectra products are based on a deep knowledge of plant physiology and photosynthesis as well as unique ways of utilizing modern LED technology.

Avtal24

Venture Round in 2012
Avtal24 offers in an easily accessible manner agreements for both private individuals and companies. They believe in making the law available to everyone and they want everyone to have access to legal security. With us, you write agreements online or together with a lawyer by phone. Always at a fixed price. With high legal expertise, innovative technology and great focus on customer benefit and offer the market's most accessible legal services. Avtal24 was founded in 2004 and is headquartered in Stockholm, Sweden.

Lexly

Seed Round in 2012
Lexly now has an unparalleled position in the Nordic legal tech market. Group also includes brands Stirling Blue and Pactumize (main owner)

EnginZyme AB

Series A in 2021
EnginZyme is a biotechnology company that specializes in biocatalysis. It creates products for easy and cost-efficient implementation of biocatalytic processes and helps the chemical industry transition to a sustainable way of operating. The company is driven by a mission to make biocatalysis the first choice for chemical process designers worldwide.

Athera Biotechnologies

Venture Round in 2015
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.

Combinostics Oy

Series A in 2019
Combinostics Oy develops and markets advanced tools for data-driven diagnostics. It offers a technology that builds on software for clinical decision support in neurodegenerative diseases. The company also provides imaging biomarking solutions, such as tools for MR image processing, and PET and CT image analysis. Combinostics Oy was founded in 2014 and is headquartered in Tampere, Finland.

Now Interact

Series A in 2016
Now Interact is a software company with offices in London, Amsterdam, Palo Alto and the HQ in Stockholm. The mission is to create Predictive Intelligence applications that enhance existing online personalization- and engagement solutions. The company’s target audience is online-centric businesses and the software vendors that provide personalization solutions to those businesses. The first application, Personalized contact options, is used to optimize sales and customer experience across online and offline channels. The application is used by customers in the Nordics, Holland, UK, Germany and the US. The vision is to become the Predictive Intelligence turbochip inside the leading online personalization- and engagement platforms.

Mycronic AB (publ)

Venture Round in 1995
Mycronic AB is a Swedish high-tech company engaged in the development, manufacture and marketing of production equipment for the electronics industry. Mycronic headquarters are located in Täby, north of Stockholm and the Group has subsidiaries in China, France, Germany, Japan, Singapore, South Korea, the Netherlands, United Kingdom and the United States.

Apica

Series C in 2012
Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protection from peak load.

Soundtrap

Series A in 2016
Soundtrap operates a user friendly online music recording and collaboration studio (Soundtrap.com). It works on all platforms: Mac, Windows, iPad, Android, Linux, iPhones and ChromeBook tablets, and phones. Soundtrap has become very popular among schools, for music teaching and for making podcasts. Soundtrap was founded in 2012 and is headquartered in Stockholm, Sweden. Google for Education Partner. Awarded "Best Website for Teaching & Learning 2015" by American Association of School Librarians.

Qapital Insight AB

Series A in 2017
Qapital, Inc. develops a mobile application and tools for users to manage and save their money for their goals based on customizable rules. It enables users to create a Qapital account and send money from their checking account to it. The company also offers Qapital Visa Debit Card, a debit card that enables users to pay bills and withdraw money. Its application is compatible with iOS and Android. The company was founded in 2013 and is headquartered in New York, New York. Qapital, Inc. operates as a subsidiary of Qapital Insight AB.

Actiwave

Venture Round in 2012
Actiwave is a spin-off from Linköping Technical University (LiU), working closely together with research groups both within LiU and abroad. This ensures that they stay in the lead when it comes to DSP optimized audio systems. Their focus is to bring the latest research in acoustics, signal processing and digital audio to the modern home.

Bonesupport Holding AB (publ)

Venture Round in 2012
BONESUPPORT is a medical technology company dedicated to the development of injectable osteoconductive biomaterials for the treatment of fragility fractures caused by osteoporosis, and bone voids or gaps caused by trauma, disease or related to surgical procedures. The company's mission is to restore health to enhance the quality of life for patients with bone disorders. BONESUPPORT was founded on 2000 and is headquartered in Lund, Sweden.

OxThera

Series D in 2016
OxThera AB manufactures products for the treatment of primary and secondary hyperoxaluria with bacteria and enzymes. It offers Oxabact, an orally delivered composition of live bacteria to promote the removal of endogenously produced oxalate for the treatment of primary hyperoxaluria and Oxazyme, a non-systemic orally delivered drug composed of recombinant oxalate decarboxylase for the treatment of dietary hyperoxaluria and prevention of kidney stones. The company was founded in 2005 and is based in Stockholm, Sweden with an additional location in Knoxville, Tennessee.

Triventus

Venture Round in 2011
Triventus, a Falkenberg, Sweden-based wind power consultant.

Zaplox AB

Venture Round in 2011
Zaplox AB provides mobile key solutions for the hospitality industry worldwide. Its products include Zaplox Traveler, a community app that offers mobile check-in/checkout and mobile keys for hotels; Zaplox SDK to add mobile and keyless capabilities, as well as integrate with PMS and locks; Zaplox Premium, a custom branded mobile guest app with mobile check-in/out and mobile keys for hotels; and Zaplox Kiosk, which offers self-service option in the lobby for hotels. The company was founded in 2010 and is headquartered in Lund, Sweden.

Freemelt AB

Seed Round in 2019
Freemelt AB develops and manufactures metal 3D printers. Its flagship product, an EBM 3D printer, is known as Freemelt One. The company was founded in 2017 and is based in Mölndal, Sweden.

DPOrganizer

Series A in 2018
DPOrganizer is a privacy management software that helps you a map, visualize, report, and manage the processing of personal data. The result is improved compliance, collaboration and communications for your business to grow, and live, with GDPR. It also provides easy-to-use privacy management software. DPOrganizer was founded in 2015 and is headquartered in Stockholm, Sweden.

inRiver

Venture Round in 2015
inRiver AB develops a product information management (PIM) software solution that facilitates the creation, handling, and distribution of product information for branded manufacturers, industrial manufacturers, and retailers. It serves B2C and B2B multi-channel commerce and marketing professionals in Sweden and internationally. inRiver AB has a strategic partnership with Aprimo LLC. The company was incorporated in 2003 and is headquartered in Malmö, Sweden with regional offices in Chicago, Illinois; Amsterdam, the Netherlands; and Stockholm, Sweden. It also has sales offices in Marlow, United Kingdom; Phoenix, Arizona; Taipei, Taiwan; and Istanbul, Turkey.

Fishbrain

Series B in 2017
FishBrain AB develops a mobile application that connects sport fishing people and anglers. It offers Fishbrain, an application that enables users to connect and follow anglers and fishing spots; find fishing spots and research when the fish bite best; join conversations with other users; keep fishing log; and explore public catch locations. The company’s application also enables users to track and share personal statistics, such as caches per month, species, fishing locations, baits, and methods; find top baits for fishing locations, fish species, and fishing methods; and get fishing forecast for the next days. Its application is available on App Store and Google Play. FishBrain AB was founded in 2009 and is based in Stockholm, Sweden.

Adaptive Simulations

Venture Round in 2019
Adaptive Simulations offers a cloud-based service (SaaS), providing customers with fully automated flow simulations. It's automated cloud-solution increases accuracy, flexibility and cost efficiency when simulating flow. The accessibility and ease of use of the solution enables designers and architects without any prior knowledge of Computational Fluid Dynamics (CFD) or simulations to accelerate and improve their design.

Sol Voltaics AB

Series B in 2013
Sol Voltaics AB, a nanotechnology company, focuses on improving the efficiency of energy capture, generation, and storage using miniscule amounts of novel nanomaterials for manufacturers and developers. It provides SolFilm, a solar panel additive containing gallium arsenide nanowires that increases the efficiency of silicon solar modules. The company was founded in 2007 and is based in Lund, Sweden.

Cyrba

Venture Round in 2008
Cyrba Innovation Products present the technique that brings the whirl­pool industry to a whole new level. Introducing a completely revolutionary electronic system and a new production- and building technique, Cyrba offers you innovative ways and condi­tions of how to produce and sell whirlpools.

Nuevolution AB (publ)

Venture Round in 2012
Nuevolution A/S operates as a biopharmaceutical company focused on developing drug treatments for human diseases within oncology and chronic inflammatory diseases. The company was founded in 2001 and is based in Copenhagen, Denmark. Nuevolution A/S operates as a subsidiary of Nuevolution AB (publ)

Qapital Insight AB

Seed Round in 2016
Qapital, Inc. develops a mobile application and tools for users to manage and save their money for their goals based on customizable rules. It enables users to create a Qapital account and send money from their checking account to it. The company also offers Qapital Visa Debit Card, a debit card that enables users to pay bills and withdraw money. Its application is compatible with iOS and Android. The company was founded in 2013 and is headquartered in New York, New York. Qapital, Inc. operates as a subsidiary of Qapital Insight AB.

ipUnplugged

Venture Round in 2001
ipUnplugged is the leading developer of Network Services software for seamless and secure roaming across public and enterprise LANs, WLANs, GPRS, CDMA, and 3G networks. ipUnplugged's Roaming Client, Roaming Gateway, and Roaming Server software enables users to roam securely and seamlessly from one network to another without having to reconnect, change settings. or lose connectivity at any point in time. The products are based upon industry standards and technology including Mobile IP, IPsec, and standard AAA. The ipUnplugged solution is used both by mobile operators and enterprises.

Fyndiq

Venture Round in 2017
Fyndiq AB, an e-commerce company, provides various products and services online. It offers products in the categories of mobile and surfboards, health and beauty, fashion, home, electronics, sports and leisure, and entertainment, as well as products for children. The company was founded in 2009 and is based in Stockholm, Sweden.

Apica

Series D in 2018
Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protection from peak load.

OxThera

Venture Round in 2007
OxThera AB manufactures products for the treatment of primary and secondary hyperoxaluria with bacteria and enzymes. It offers Oxabact, an orally delivered composition of live bacteria to promote the removal of endogenously produced oxalate for the treatment of primary hyperoxaluria and Oxazyme, a non-systemic orally delivered drug composed of recombinant oxalate decarboxylase for the treatment of dietary hyperoxaluria and prevention of kidney stones. The company was founded in 2005 and is based in Stockholm, Sweden with an additional location in Knoxville, Tennessee.

Elypta AB

Seed Round in 2020
Elypta is developing a metabolism-based liquid biopsy platform based on a new IVD laboratory assay kit and artificial intelligence algorithms trained by their clinical database. Elypta proudly sponsors the clinical trial series AURORAX to investigate applications in their lead indication renal cell carcinoma from surveillance of recurrence to monitoring treatment response. They also explore several other indications to understand the full potential for Elypta’s platform.

Barnebys

Venture Round in 2014
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

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.

DPOrganizer

Series A in 2017
DPOrganizer is a privacy management software that helps you a map, visualize, report, and manage the processing of personal data. The result is improved compliance, collaboration and communications for your business to grow, and live, with GDPR. It also provides easy-to-use privacy management software. DPOrganizer was founded in 2015 and is headquartered in Stockholm, Sweden.

ComActivity

Venture Round in 2007
Comactivity is a software and consulting company that provides best-of-breed solutions within supply chain. Our mission is to achieve fast and sustainable business improvements based on our solutions at a low risk. Comactivity offers a balance between high business value, short project times and low total cost. Our customer achieves significant measurable results through our joint effort to enhance processes and organisation in combination with the suitable IT solution. Comactivity ensures that each project, small or big, provides a quick impact and measurable results through solid experience and proven methodology. The customer base includes hundreds of medium to large companies in manufacturing, distribution and MRO services and has a geographical distribution covering Europe, Australia and the USA.

ClearCar AB

Venture Round in 2012
ClearCar AB owns and operates vehicle inspection and repair stations. The company is based in Grums, Sweden. As of April 8, 2016, ClearCar AB operates as a subsidiary of Besikta Bilprovning i Sverige AB.

Widespace AB

Series A in 2012
Widespace AB operates Summit, a digital programmatic ad platform and marketplace to deliver branding campaigns on mobile. The company offers inventory marketplace, formats and ad-serving, data marketplace, and reporting solutions. It offers a range of services to media buyers and publishers in relation to their purchases and sales of advertising inventory. Widespace AB was founded in 2007 and is headquartered in Stockholm, Sweden with additional offices in Amsterdam, the Netherlands; Copenhagen, Denmark; Helsinki, Finland; London, United Kingdom; Milan, Italy; Warsaw, Poland; Oslo, Norway; Paris, France; and Stockholm, Sweden. As of July 18, 2018, Widespace AB operates as a subsidiary of Sellbranch AB.

TrialBee

Series A in 2015
Trialbee AB designs and develops a software as a service (SaaS) based patient matching and engagement solution for participating in clinical trials. It enables candidates for searching a range of clinical trials and analysis, awareness, pre-screening, and report services. The company offers patient recruitment, enrollment, and retention services through resource library, adherence reminders, and patient journey. It serves sponsors, CRO's, investigator sites, and patients. The company was founded in 2010 and is based in Malmö, Sweden.

Starcounter

Seed Round in 2015
Founded in 2006 by self-taught developer and entrepreneur Joachim Wester, Starcounter pioneering Artificial Intelligence and In-Memory Computing Technology Transforming Enterprise Software.. Starcounter is a privately held company headquartered in Stockholm, Sweden with offices in Gdansk, Polen and Palo Alto, US. A world leading R&D team within Artificial Intelligence and In-Memory Computing, 30+ scientists, ace mathematicians, algorithm experts and developers from 7 nations

Adfenix AB

Series A in 2017
Adfenix collect & make sense of the world's real estate data. With the Adfenix platform estate agents are empowered to help consumers through the journey of buying a new home by offering quality advertising products and other related services with the click of a button. Thousands of estate agents throughout the Nordics, UK & Australia are today using Adfenix and the combined real estate database consist of millions of consumers in different phases in their journey to buy a new home.

Barnebys

Venture Round in 2017
Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional and local businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.

Bonesupport Holding AB (publ)

Venture Round in 2011
BONESUPPORT is a medical technology company dedicated to the development of injectable osteoconductive biomaterials for the treatment of fragility fractures caused by osteoporosis, and bone voids or gaps caused by trauma, disease or related to surgical procedures. The company's mission is to restore health to enhance the quality of life for patients with bone disorders. BONESUPPORT was founded on 2000 and is headquartered in Lund, Sweden.

Fast Travel Games

Series A in 2017
Fast Travel Games is a new game development studio located in Stockholm, Sweden, building virtual reality games. Founded by game development veterans with years behind us at studios like EA DICE, Rovio and Avalanche, we want to change the way you play. We're gamers by heart, and believe VR is the ultimate platform for deep, engrossing game universes. Our mission is to build games where players are free to explore their surroundings, where they will experience rich narratives and interact with others in new and interesting ways.

Qlik Technologies, Inc.

Venture Round in 2004
Qlik simplifies the way people use data by making it a natural part of how they make decisions. We help people to do more than just report findings; we help them to change their worlds, in ways both small and large, through understanding and sharing data more naturally and effectively to create value. Our mission, “Simplifying decisions for everyone, everywhere,” is about harnessing the real potential of data – big and small - and unleashing its power to change the world.

Netadmin System i Sverige AB

Venture Round in 2008
Netadmin Systems develops a software, NETadmin, which automates operational and business processes in broadband networks, such as city-wide and residential broadband networks. The system originates from the real-world experiences of running city networks in Sweden. It was developed internally at Wasadata System AB, a broadband network owner and Internet service provider that needed a technology, services and user management platform for its rapidly growing network. Tor Borrhed, who had been leading the development of NETadmin at Wasadata, founded Netadmin Systems in 2005 and the company has continued to develop the software since then. Today, Netadmin Systems™ products are used by about sixty percent of the Swedish city broadband networks, and more than 600 000 connected end customers give Netadmin a Nordic market leading position. The more than 80 customers (some with multiple broadband networks) include municipalities, utility companies, real estate owners and private broadband network owners. The system is also used in cable-TV networks and in the monitoring networks of utility and railway companies. Many of Netadmin's customers can bear witness to substantial savings in the form of decreased needs for staff and training, with scalable operations in which new services can be introduced a lot quicker and the networks can be made available to new service provides easily. There are examples of customers who have been able to multiply their number of connected users without having to increase the number of neither customer support staff nor technicians.

Scalado

Venture Round in 2005
Scalado is a provider of high-performing imaging technologies, applications and engineering services for the camera phone industry. They work closely with their customers to provide them with high performing imaging software products and expertise to make mobile imaging more efficient and valuable for their end-users.

Apica

Venture Round in 2011
Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protection from peak load.

Nanoradio

Venture Round in 2005
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

Widespace AB

Convertible Note in 2017
Widespace AB operates Summit, a digital programmatic ad platform and marketplace to deliver branding campaigns on mobile. The company offers inventory marketplace, formats and ad-serving, data marketplace, and reporting solutions. It offers a range of services to media buyers and publishers in relation to their purchases and sales of advertising inventory. Widespace AB was founded in 2007 and is headquartered in Stockholm, Sweden with additional offices in Amsterdam, the Netherlands; Copenhagen, Denmark; Helsinki, Finland; London, United Kingdom; Milan, Italy; Warsaw, Poland; Oslo, Norway; Paris, France; and Stockholm, Sweden. As of July 18, 2018, Widespace AB operates as a subsidiary of Sellbranch AB.

Oncopeptides

Series A in 2013
Oncopeptides AB (publ), a pharmaceutical company, develops pharmaceuticals drugs for the treatment of cancer. Its lead product candidate is melflufen, a novel peptide conjugated alkylator for the treatment of hematological cancer multiple myeloma. The company was founded in 2000 and is headquartered in Stockholm, Sweden.

Nanoradio

Series A in 2005
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.

ZealCore Embedded Solutions

Venture Round in 2006
ZealCore Embedded Solutions AB develops technologies for diagnostics and maintenance of software control systems. It offers System Debugger, which collects and refines information contained in logs during development, integration, test, deployment, and operation, as well as enables users to create projects and logsets for tracking down bugs in software and to make post processing of data, including filtering and searches that pinpoint a behavior. The company also provides Model Replay Debugger that enables recording and replay when using UML design and code generating tools, as well as allows users to make analysis on the recorded behavior of UML models, including filtering and searches; and System Recorder, a blackbox recorder for system. It offers field and lab troubleshooting products in failure diagnostics, behavior analysis, profiling, and visualization for tool vendors and solution providers. The company provides products for failure diagnostics of commissioned systems. Its solutions enable users to see the bugs and automate the process of locating them, as well as to record, replay, reanimate, visualize, and analyze computer systems. The company was founded in 2001 and is based in Västerås, Sweden. As of July 1, 2008, ZealCore Embedded Solutions AB operates as a subsidiary of Enea Data AB.