Industrifonden

Industrifonden is a venture capital firm based in Stockholm, Sweden, founded in 1979. The firm specializes in early-stage investments in small and medium-sized enterprises, particularly within the technology and life science sectors. It focuses on a wide range of technology areas, including internet and media, information technology, telecommunications, automation, robotics, deep tech, and cleantech. In life sciences, Industrifonden targets pharmaceuticals and medical technology. The firm typically invests between SEK 5 million and SEK 100 million in companies with annual revenues up to SEK 400 million. As an active minority investor, Industrifonden seeks ownership stakes of 15 to 50 percent and often takes a board seat. It provides financing through equity capital, loans, and guarantees, and prefers to co-invest with other regional venture capital firms. The firm's investment strategy aims for exits within five to ten years, either through sales to industry players or initial public offerings. Additionally, Industrifonden maintains offices in Malmö, Linköping, and Gothenburg, contributing to its extensive support for entrepreneurs in Sweden.

Per Anell

Investment Director

Iliam Barkino

Principal

Karolina Bjurehed

Investment Director

Jonas Brambeck

Investment Manager - Life Science

Hadar Cars

Senior Investment Director

Jonathan Ilicki

Principal

Ljungdahl, Anna

Investment Manager

Slettengren, Anders

CEO

Patrik Sobocki

Investment Manager

Tore Tolke

Investment Manager Technology

Matti Zemack

Investment Director

Past deals in Scandinavia

Retein

Venture Round in 2023
Retein is a water purification technology company focused on producing pure water at a low energy cost. Utilizing advanced materials and aquaporin proteins, Retein's technology effectively removes pollutants, including microplastics and pharmaceutical residues, from water. This innovative approach not only ensures the sustainable recovery of valuable resources but also promotes efficiency and cost-effectiveness for clients. By advancing water purification methods, Retein contributes to a resource-efficient and sustainable future.

ZeroPoint Technologies

Seed Round in 2023
ZeroPoint Technologies – Remove the Waste. Release the Power. Digitalization quickly accelerates energy consumption. In 2030, the ICT (Information and Communications Technology) sector is projected to stand for more than one-fifth of the global electricity demand. Maximizing performance per watt in servers and smart devices is critical to breaking the trend. ZeroPoint technology delivers up to 50% more performance per watt by removing unnecessary information from microchips in data centers (CPU) and smart devices (SoC), meaning that: • Data centers can maximize performance and reduce energy consumption. • Smart device developers can maximize performance and user experience without compromising on battery life. Typical memory contains up to 70% unnecessary information. ZeroPoint technology removes all this information by combining ultra-fast data compression with realtime data compaction and transparent memory management. Integrating these three areas into one solution for maximizing performance per watt makes us unique. ZeroPoint is the result of decades of frontline research and in-depth technical knowledge. We have a strong patent portfolio and a pipeline of ideas related to our core business. ZeroPoint delivers a hardware IP block that customers integrate on their SoC. We work closely with industry-leading companies in product implementation projects targeting the most advanced technology nodes available. The Technology, ideas and many of the people behind and with ZeroPoint comes from Professor Per Stenström’s 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.

Telness Tech

Series A in 2022
Telness Tech provides cloud-based telecom solutions.

Nextory

Venture Round in 2022
Nextory is an online collection of e-books in pdf and audio formats.

Elypta

Series A in 2022
Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.

Peafowl Plasmonics

Seed Round in 2022
Peafowl Plasmonics has developed a new kind of solar cells that are highly transparent, affordable, efficient and sustainable.

Asgard Therapeutics

Seed Round in 2021
Asgard Therapeutics is a private biotech company focused on developing innovative cancer immunotherapies through direct cell reprogramming technologies. Emerging as a spin-off from Lund University, the company utilizes its proprietary TrojanDC technology to initiate immune responses by leveraging the unique properties of professional antigen-presenting cells. This approach aims to create efficient and personalized gene therapy products that activate robust anti-cancer immune defenses. By offering off-the-shelf solutions, Asgard Therapeutics seeks to provide new treatment options for patients suffering from cancers that are resistant to traditional therapies, thereby expanding the possibilities for effective cancer treatment.

TrusTrace

Series A in 2021
TrusTrace operates a traceability as a service platform designed to enhance transparency and compliance in the fashion supply chain. Founded in 2016 and based in Stockholm, Sweden, with an additional location in Coimbatore, India, the company offers a suite of tools to support product traceability and environmental management. Its primary offerings include T-Tracem, which tracks products from fiber to garment; T-CET, a customer engagement tool; I-CAT, which helps manage the environmental footprint; T-VeM for vendor management; T-BlockS, a blockchain solution for enhanced traceability and collaboration; and T-EMS, an evidence management tool. TrusTrace's technology enables global brands and suppliers to standardize the collection, digitization, and sharing of reliable supply chain data, allowing them to substantiate product claims and ensure regulatory compliance effectively.

Funnel

Series C in 2021
Funnel is a marketing analytics and reporting software that aims to streamline data collection for online advertisers and e-commerce companies. Founded in 2014 by Fredrik Skantze and Per Made, the company provides a platform that integrates with over 400 marketing and advertising sources. This allows businesses to automatically collect and structure advertising performance data, facilitating better decision-making regarding advertising spend and business growth. Funnel enables users to feed data into various tools, including Business Intelligence platforms, Data Warehouses, and visualization tools like Google Data Studio and Google Analytics. The company serves a diverse clientele, including e-commerce businesses, media agencies, brands, B2B enterprises, mobile applications, and gaming companies. Funnel operates from its headquarters in Stockholm, with an additional office in Boston.

ZeroPoint Technologies

Seed Round in 2021
ZeroPoint Technologies – Remove the Waste. Release the Power. Digitalization quickly accelerates energy consumption. In 2030, the ICT (Information and Communications Technology) sector is projected to stand for more than one-fifth of the global electricity demand. Maximizing performance per watt in servers and smart devices is critical to breaking the trend. ZeroPoint technology delivers up to 50% more performance per watt by removing unnecessary information from microchips in data centers (CPU) and smart devices (SoC), meaning that: • Data centers can maximize performance and reduce energy consumption. • Smart device developers can maximize performance and user experience without compromising on battery life. Typical memory contains up to 70% unnecessary information. ZeroPoint technology removes all this information by combining ultra-fast data compression with realtime data compaction and transparent memory management. Integrating these three areas into one solution for maximizing performance per watt makes us unique. ZeroPoint is the result of decades of frontline research and in-depth technical knowledge. We have a strong patent portfolio and a pipeline of ideas related to our core business. ZeroPoint delivers a hardware IP block that customers integrate on their SoC. We work closely with industry-leading companies in product implementation projects targeting the most advanced technology nodes available. The Technology, ideas and many of the people behind and with ZeroPoint comes from Professor Per Stenström’s 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.
Limina Investment Management Solution (IMS) is a Front-to-Middle Office Solution that let investment managers focus on what matters: producing investment returns with minimal operational risk. The open platform help Asset Managers overcome fragmented workflows and increase confidence in data and oversight. Limina was founded by former investment managers that set out to create a solution to the challenges they faced. The solution now offered by Limina is engineered in Sweden and delivered by industry experts globally.

Hopsworks

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.

Fast Travel Games

Series B in 2021
Fast Travel Games is a game development studio based in Stockholm, Sweden, specializing in virtual reality (VR) games. Founded by experienced professionals from notable studios such as EA DICE, Rovio, and Avalanche, the company aims to transform the gaming experience through immersive VR environments. They focus on creating games that promote exploration, rich narratives, and social interaction, allowing players to engage with their surroundings and each other in innovative ways. Fast Travel Games is dedicated to delivering engaging experiences that enhance the way players connect with gaming universes.

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.

NuvoAir

Series A in 2021
NuvoAir AB, founded in 2015 and based in Stockholm, Sweden, is a medical technology company focused on monitoring lung function through its Air Next home spirometer. The company operates an online platform to provide its products and services. NuvoAir Medical offers a comprehensive care model that integrates advanced monitoring technology and analytics with evidence-based interventions for managing chronic heart and lung conditions. This approach emphasizes personalized care, delivered by a multidisciplinary team, and collaborates with health plans and risk-bearing entities to implement flexible payment arrangements. By focusing on value-based specialty management, NuvoAir aims to improve patient outcomes while reducing healthcare costs.

Exeri

Venture Round in 2021
Exeri invented Smart Grid Surveillance (SGS), a comprehensive system that converts electric grids into Smart Grids by fully digitizing electric grid networks. The system, which monitors the electricity network through digitization and provides network owners with a constantly updated status of their network, allows for real-time problem detection and increased security along the lines. Exeri has created an industry-leading product using IoT technology, AI-based algorithms, and a map-based location image. It allows for greater use of the electricity grids and significantly reduces the duration of power outages.

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)

Crosser

Venture Round in 2021
Crosser designs and develops streaming analytics and integration software for any edge, fog, or cloud. The Crosser platform enables real-time processing of streaming or batch data for industrial IoT, data transformation, analytics, automation, and integration.

EnginZyme

Series A in 2021
EnginZyme AB is a biotechnology company based in Stockholm, Sweden, founded in 2014. The company specializes in biocatalysis and a cell-free synthetic biology platform to create sustainable alternatives to conventional materials such as plastics, nylons, and rubbers. EnginZyme's innovative approach focuses on biomanufacturing techniques that promote green chemistry across various industries, including pharmaceuticals, food, chemicals, flavors, and fragrances. By utilizing patented cell-free technology, EnginZyme aims to replace traditional fossil-based manufacturing, thus facilitating the shift toward environmentally friendly production methods. The company has gained recognition for its contributions to sustainability, being named a Global Cleantech 100 company and recognized as a Technology Pioneer by the World Economic Forum. EnginZyme is supported by a diverse group of investors, reflecting its potential impact on addressing climate change and promoting sustainable practices in manufacturing.

Occtoo

Seed Round in 2021
Occtoo is an Experience Data Platform built to help digital teams at retailers and brands to build applications and digital experiences faster by turning enterprise data into experience data. With Occtoo digital teams can instantly access all their CX data from one place without any time-consuming and costly integrations. Match the right content with the right customer and create an API with a click to publish and collect data in real-time on all kinds of devices, touch points, and channels. This game-changing technology is already used by companies such as Cartier, Intersport, Fjällräven, and Filippa K.

Minervax

Series B in 2020
Minervax is focused on developing a vaccine to prevent infections caused by Group B streptococcus (GBS), which can lead to serious health issues in newborns and adverse pregnancy outcomes. The company is researching a specific fusion protein that has demonstrated the ability to stimulate strong protective immunity against various clinically significant GBS strains. By utilizing this innovative approach, Minervax aims to provide medical professionals with an effective tool to protect newborns from potentially life-threatening bacterial infections associated with GBS.

Avassa

Funding Round in 2020
Avassa is a platform designed for managing applications across distributed edge locations. It enables secure and remote updates, monitoring, and troubleshooting of edge applications at scale. The solution simplifies application orchestration while ensuring a zero-trust security model for all users and sites.

inRiver

Venture Round in 2020
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.

Open Payments

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.

Gesynta Pharma

Series C in 2020
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on the development of compounds that inhibit the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Founded in 2017, the company originated its research from Karolinska Institutet and is dedicated to creating oral treatments for chronic inflammatory conditions. Its most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. Preclinical studies have shown that vipoglanstat significantly reduces endometriotic lesions and provides pain relief, leading to improved well-being. Clinical trials have indicated a favorable safety profile, with a Phase II study for endometriosis in preparation. Additionally, the company is set to advance its next drug candidate, GS-073, into Phase I clinical trials for another inflammatory condition in 2023. Gesynta Pharma's shareholders include Hadean Ventures, Industrifonden, Linc, and a network of entrepreneurs in the life sciences sector.

TrialBee

Venture Round in 2020
Trialbee is an independent software company dedicated to deliver solutions and services to the pharmaceutical industry. The company was founded in 2010 with the development of a method to increase speed and accuracy of patient recruitment to clinical trials.

DbVis Software

Venture Round in 2020
DbVis Software AB, founded in 2003 and based in Stockholm, Sweden, specializes in developing database management and analysis software. Its flagship product, DbVisualizer, serves as a platform-independent tool that connects to various data sources, allowing users to manage database-specific objects and perform tasks such as creating, editing, and compiling procedures, functions, and triggers. The software also facilitates schema exports and the comparison of editors and result sets. DbVis Software emphasizes user feedback in its development process, ensuring that new features are added thoughtfully. The company offers dedicated support directly from its development team, maintaining a transparent and competitive pricing model that includes a free version of DbVisualizer, as well as discounts for educational and non-profit institutions. With over 6 million downloads and adoption by more than 28,000 companies across 145 countries, DbVis Software is committed to providing high-quality tools that enhance the efficiency of database users.

Nextory

Venture Round in 2020
Nextory AB is a Sweden-based company that specializes in providing a subscription service for access to a diverse collection of e-books and audiobooks through its mobile application. The platform offers users the ability to download and listen to audiobooks or read e-books in PDF format, facilitating a convenient and flexible reading experience on smartphones and tablets. Nextory aims to enhance literary engagement by giving clients a broad catalog of digital content, allowing them to explore new stories and genres.

Elypta

Seed Round in 2020
Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.

Funnel

Series B in 2020
Funnel is a marketing analytics and reporting software that aims to streamline data collection for online advertisers and e-commerce companies. Founded in 2014 by Fredrik Skantze and Per Made, the company provides a platform that integrates with over 400 marketing and advertising sources. This allows businesses to automatically collect and structure advertising performance data, facilitating better decision-making regarding advertising spend and business growth. Funnel enables users to feed data into various tools, including Business Intelligence platforms, Data Warehouses, and visualization tools like Google Data Studio and Google Analytics. The company serves a diverse clientele, including e-commerce businesses, media agencies, brands, B2B enterprises, mobile applications, and gaming companies. Funnel operates from its headquarters in Stockholm, with an additional office in Boston.

Combinostics

Series A in 2019
Combinostics is a software tools for diagnostics support.

Freemelt

Seed Round in 2019
Freemelt delivers an open-source, materials-innovation metal 3D printer built on an EB platform. Customers can develop their own materials for additive manufacturing using the toolbox that is provided. They provide a range of materials, such as OFHC copper, intermetallics, steels, and Ni-based superalloys.

Ingrid Cloud

Venture Round in 2019
Ingrid Cloud AB, based in Stockholm, Sweden, specializes in a cloud-based computational application designed for wind simulation. Founded in 2014, the company offers an automated platform that streamlines the flow simulation and design optimization process. By converting computer-aided design (CAD) geometry into complex simulation models without requiring manual intervention, Ingrid Cloud's technology enhances accuracy, flexibility, and cost efficiency. This user-friendly service allows designers, architects, engineers, and researchers, even those without prior knowledge of computational fluid dynamics, to effectively predict flow and refine their designs.

Crosser

Series A in 2019
Crosser designs and develops streaming analytics and integration software for any edge, fog, or cloud. The Crosser platform enables real-time processing of streaming or batch data for industrial IoT, data transformation, analytics, automation, and integration.

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.

NuvoAir

Venture Round in 2019
NuvoAir AB, founded in 2015 and based in Stockholm, Sweden, is a medical technology company focused on monitoring lung function through its Air Next home spirometer. The company operates an online platform to provide its products and services. NuvoAir Medical offers a comprehensive care model that integrates advanced monitoring technology and analytics with evidence-based interventions for managing chronic heart and lung conditions. This approach emphasizes personalized care, delivered by a multidisciplinary team, and collaborates with health plans and risk-bearing entities to implement flexible payment arrangements. By focusing on value-based specialty management, NuvoAir aims to improve patient outcomes while reducing healthcare costs.

Gesynta Pharma

Seed Round in 2019
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for chronic inflammatory conditions through the inhibition of the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Originating from research at Karolinska Institutet, the company's most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. In preclinical studies, vipoglanstat has shown significant reductions in endometriotic lesions, pain relief, and improved well-being, with plans for a clinical phase II study underway. Additionally, Gesynta Pharma is preparing to advance another drug candidate, GS-073, into clinical phase I for a different inflammatory condition in 2023. The company aims to provide safe and effective treatment options for patients facing serious diseases related to chronic inflammation. Founded in 2017, Gesynta Pharma is supported by various investors, including Hadean Ventures, Industrifonden, and Linc.

Funnel

Venture Round in 2019
Funnel is a marketing analytics and reporting software that aims to streamline data collection for online advertisers and e-commerce companies. Founded in 2014 by Fredrik Skantze and Per Made, the company provides a platform that integrates with over 400 marketing and advertising sources. This allows businesses to automatically collect and structure advertising performance data, facilitating better decision-making regarding advertising spend and business growth. Funnel enables users to feed data into various tools, including Business Intelligence platforms, Data Warehouses, and visualization tools like Google Data Studio and Google Analytics. The company serves a diverse clientele, including e-commerce businesses, media agencies, brands, B2B enterprises, mobile applications, and gaming companies. Funnel operates from its headquarters in Stockholm, with an additional office in Boston.

Formulate

Venture Round in 2018
Formulate provides an advanced AI-engine, Retail DecisionCloud, that helps retailers transform simple sales data into better merchandising decisions. It is a cloud product that that turns POS data into competitive intelligence and analytics using machine learning.

Apica

Series D in 2018
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, Apica provides a comprehensive load testing and synthetic monitoring platform designed to ensure the performance and reliability of business-critical applications across various environments, including websites, mobile devices, and IoT systems. Its flagship products include Apica LoadTest, which prepares applications for peak conditions through effective load testing, and Apica Synthetic, which proactively monitors uptime and performance. The platform also incorporates advanced features for data management, such as real-time telemetry analysis and automated root cause analysis, leveraging machine learning to enhance troubleshooting in complex systems. Apica's solutions aim to simplify the management of performance issues, reduce operational costs, and improve overall visibility for enterprises with intricate IT infrastructures.

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.

TrialBee

Venture Round in 2018
Trialbee is an independent software company dedicated to deliver solutions and services to the pharmaceutical industry. The company was founded in 2010 with the development of a method to increase speed and accuracy of patient recruitment to clinical trials.

Fishbrain

Series B in 2018
Fishbrain is a mobile app and social network designed for fishing enthusiasts. It offers users tools, insights, and support to enhance their fishing experiences. The app features an interactive map that helps anglers discover new fishing locations and track what others are catching, including the bait used. Additionally, Fishbrain emphasizes responsible fishing practices by promoting catch and release methods and the sustainable harvesting of fish species. The platform aggregates data on fishing catches from around the world, fostering a community where users can connect and share their fishing experiences.

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.

Barnebys

Venture Round in 2017
Barnebys is a leading global search service for art, antiques, and collectibles, established in Stockholm, Sweden in 2011. The company operates internationally, with offices in New York, the UK, France, Spain, and Germany. It serves a diverse clientele, including top auctioneers, antique dealers, and galleries, as well as regional businesses. Barnebys provides a comprehensive online platform that aggregates listings from various auction houses and dealers, facilitating transactions for buyers and sellers through an efficient auction infrastructure. Additionally, the company offers a free database of auction results and a professional valuation service, further enhancing its value proposition in the auction industry.

Adfenix

Series A in 2017
Adfenix collect & make sense of the world's real estate data. 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.

Funnel

Series A in 2017
Funnel is a marketing analytics and reporting software that aims to streamline data collection for online advertisers and e-commerce companies. Founded in 2014 by Fredrik Skantze and Per Made, the company provides a platform that integrates with over 400 marketing and advertising sources. This allows businesses to automatically collect and structure advertising performance data, facilitating better decision-making regarding advertising spend and business growth. Funnel enables users to feed data into various tools, including Business Intelligence platforms, Data Warehouses, and visualization tools like Google Data Studio and Google Analytics. The company serves a diverse clientele, including e-commerce businesses, media agencies, brands, B2B enterprises, mobile applications, and gaming companies. Funnel operates from its headquarters in Stockholm, with an additional office in Boston.

Starcounter

Venture Round in 2017
Starcounter, founded in 2006 by Joachim Wester, is a privately held company based in Stockholm, Sweden, with additional offices in Gdansk, Poland, and Palo Alto, USA. The company specializes in developing a database management platform aimed at revitalizing enterprise software systems. Its innovative platform integrates an in-memory database engine with an application server, facilitating the creation of high-performance business applications. Starcounter's research and development team, composed of over 30 experts in artificial intelligence, mathematics, and algorithms from seven different countries, drives the company's advancements in technology. By leveraging artificial intelligence and in-memory computing, Starcounter enhances the efficiency and performance of software applications for enterprises.

Fast Travel Games

Series A in 2017
Fast Travel Games is a game development studio based in Stockholm, Sweden, specializing in virtual reality (VR) games. Founded by experienced professionals from notable studios such as EA DICE, Rovio, and Avalanche, the company aims to transform the gaming experience through immersive VR environments. They focus on creating games that promote exploration, rich narratives, and social interaction, allowing players to engage with their surroundings and each other in innovative ways. Fast Travel Games is dedicated to delivering engaging experiences that enhance the way players connect with gaming universes.

Apica

Venture Round in 2017
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, Apica provides a comprehensive load testing and synthetic monitoring platform designed to ensure the performance and reliability of business-critical applications across various environments, including websites, mobile devices, and IoT systems. Its flagship products include Apica LoadTest, which prepares applications for peak conditions through effective load testing, and Apica Synthetic, which proactively monitors uptime and performance. The platform also incorporates advanced features for data management, such as real-time telemetry analysis and automated root cause analysis, leveraging machine learning to enhance troubleshooting in complex systems. Apica's solutions aim to simplify the management of performance issues, reduce operational costs, and improve overall visibility for enterprises with intricate IT infrastructures.

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.

inRiver

Venture Round in 2017
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.

Sol Voltaics

Series D in 2017
Sol Voltaics is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary hetero structured nanowire epitaxial growth and process technologies.

Fyndiq

Venture Round in 2017
Fyndiq is an e-commerce platform offers a range of products for bargain hungry shoppers.It provides a sales channel for all types of e-tailers who want to boost their sales in an accessible way. Through Fyndiq individual retailers can effect fully sell of its overstock, while consumers have a one stop shop for bargain products online.

Nextory

Venture Round in 2017
Nextory is an online collection of e-books in pdf and audio formats.

Fishbrain

Series B in 2017
Fishbrain is a mobile app and social network designed for fishing enthusiasts. It offers users tools, insights, and support to enhance their fishing experiences. The app features an interactive map that helps anglers discover new fishing locations and track what others are catching, including the bait used. Additionally, Fishbrain emphasizes responsible fishing practices by promoting catch and release methods and the sustainable harvesting of fish species. The platform aggregates data on fishing catches from around the world, fostering a community where users can connect and share their fishing experiences.

Barnebys

Venture Round in 2017
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.

Soundtrack Your Brand

Series C in 2017
Soundtrack Your Brand is a business-to-business music platform that allows small business owners to create and legally play tailored playlists in their venues. The platform offers a subscription-based service that grants access to a commercial catalog of songs, enabling businesses to play any music they choose without legal concerns. This service helps businesses enhance their digital media presence by curating playlists that suit various settings and events, ensuring a positive experience for both customers and employees. Soundtrack Your Brand aims to simplify the process of music selection for businesses, providing unlimited and customizable playlists during operational hours.

Widespace

Convertible Note in 2017
Mobile Widespace is an advertising company that sells ads over mobile devices. The company was founded in 2007 by Patrik Fagerlund and Henric Ehrenblad.

Amra

Venture Round in 2017
AMRA is an international medical technology company specializing in precision medicine through advanced imaging techniques. It is the first organization to convert MRI images into precise body composition measurements using a cloud-based service. AMRA collaborates with leading pharmaceutical companies, research institutions, hospitals, and biobanks to enhance metabolic research and therapeutic applications. Their technology generates detailed biomarkers related to fat and muscle composition, providing medical professionals with insights into genetics, lifestyle, and biological factors. This capability enables healthcare providers to monitor clinically significant changes in body composition, ultimately aiding in the prediction and prevention of diseases.

OxThera

Series D in 2016
OxThera AB is a biopharmaceutical company focused on developing treatments for primary and secondary hyperoxaluria, a condition that can lead to kidney stones and impaired kidney function. Founded in 2005 and based in Stockholm, Sweden, with an additional location in Knoxville, Tennessee, OxThera manufactures two main products: Oxabact and Oxazyme. Oxabact is an orally administered composition of live bacteria designed to enhance the removal of oxalate produced by the body, while Oxazyme is a non-systemic oral drug that contains recombinant oxalate decarboxylase, aimed at treating dietary hyperoxaluria and preventing kidney stones. The company holds worldwide patents for its innovative therapies and has received Orphan Drug designations for Oxabact in both Europe and the United States. Through its advanced biotherapy technologies, OxThera aims to improve kidney health and preserve organ function in patients affected by hyperoxaluria.

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.

BONESUPPORT

Venture Round in 2016
BONESUPPORT AB is a medical technology company based in Lund, Sweden, specializing in the development of injectable bioceramic bone graft substitutes designed to address fractures and bone voids resulting from trauma, infection, disease, or surgical interventions. The company's product portfolio includes CERAMENT BONE VOID FILLER, CERAMENT G, and CERAMENT V, which are tailored for various orthopedic applications. CERAMENT V is an antibiotic eluting bone graft substitute that utilizes vancomycin to promote bone healing, while CERAMENT G employs gentamicin for similar purposes. The CERAMENT BONE VOID FILLER serves as a ceramic filler for gaps and voids in orthopedic settings. BONESUPPORT's mission is to improve the quality of life for patients with bone disorders, and the company operates additional locations in Germany, Switzerland, the United Kingdom, the United States, and India. Founded in 1999, BONESUPPORT AB is a subsidiary of Bonesupport Holding AB.

Nextory

Venture Round in 2016
Nextory is an online collection of e-books in pdf and audio formats.

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.

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.

Sol Voltaics

Grant in 2016
Sol Voltaics is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary hetero structured nanowire epitaxial growth and process technologies.

Sol Voltaics

Series C in 2016
Sol Voltaics is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary hetero structured nanowire epitaxial growth and process technologies.

Widespace

Venture Round in 2016
Mobile Widespace is an advertising company that sells ads over mobile devices. The company was founded in 2007 by Patrik Fagerlund and Henric Ehrenblad.

Barnebys

Series A in 2015
Barnebys is a leading global search service for art, antiques, and collectibles, established in Stockholm, Sweden in 2011. The company operates internationally, with offices in New York, the UK, France, Spain, and Germany. It serves a diverse clientele, including top auctioneers, antique dealers, and galleries, as well as regional businesses. Barnebys provides a comprehensive online platform that aggregates listings from various auction houses and dealers, facilitating transactions for buyers and sellers through an efficient auction infrastructure. Additionally, the company offers a free database of auction results and a professional valuation service, further enhancing its value proposition in the auction industry.

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.

Fishbrain

Series A in 2015
Fishbrain is a mobile app and social network designed for fishing enthusiasts. It offers users tools, insights, and support to enhance their fishing experiences. The app features an interactive map that helps anglers discover new fishing locations and track what others are catching, including the bait used. Additionally, Fishbrain emphasizes responsible fishing practices by promoting catch and release methods and the sustainable harvesting of fish species. The platform aggregates data on fishing catches from around the world, fostering a community where users can connect and share their fishing experiences.

inRiver

Venture Round in 2015
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.

Barnebys

Venture Round in 2015
Barnebys is a leading global search service for art, antiques, and collectibles, established in Stockholm, Sweden in 2011. The company operates internationally, with offices in New York, the UK, France, Spain, and Germany. It serves a diverse clientele, including top auctioneers, antique dealers, and galleries, as well as regional businesses. Barnebys provides a comprehensive online platform that aggregates listings from various auction houses and dealers, facilitating transactions for buyers and sellers through an efficient auction infrastructure. Additionally, the company offers a free database of auction results and a professional valuation service, further enhancing its value proposition in the auction industry.

TrialBee

Series A in 2015
Trialbee is an independent software company dedicated to deliver solutions and services to the pharmaceutical industry. The company was founded in 2010 with the development of a method to increase speed and accuracy of patient recruitment to clinical trials.

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.

Amra

Venture Round in 2015
AMRA is an international medical technology company specializing in precision medicine through advanced imaging techniques. It is the first organization to convert MRI images into precise body composition measurements using a cloud-based service. AMRA collaborates with leading pharmaceutical companies, research institutions, hospitals, and biobanks to enhance metabolic research and therapeutic applications. Their technology generates detailed biomarkers related to fat and muscle composition, providing medical professionals with insights into genetics, lifestyle, and biological factors. This capability enables healthcare providers to monitor clinically significant changes in body composition, ultimately aiding in the prediction and prevention of diseases.

Starcounter

Seed Round in 2015
Starcounter, founded in 2006 by Joachim Wester, is a privately held company based in Stockholm, Sweden, with additional offices in Gdansk, Poland, and Palo Alto, USA. The company specializes in developing a database management platform aimed at revitalizing enterprise software systems. Its innovative platform integrates an in-memory database engine with an application server, facilitating the creation of high-performance business applications. Starcounter's research and development team, composed of over 30 experts in artificial intelligence, mathematics, and algorithms from seven different countries, drives the company's advancements in technology. By leveraging artificial intelligence and in-memory computing, Starcounter enhances the efficiency and performance of software applications for enterprises.

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.

Fyndiq

Venture Round in 2014
Fyndiq is an e-commerce platform offers a range of products for bargain hungry shoppers.It provides a sales channel for all types of e-tailers who want to boost their sales in an accessible way. Through Fyndiq individual retailers can effect fully sell of its overstock, while consumers have a one stop shop for bargain products online.

Barnebys

Venture Round in 2014
Barnebys is a leading global search service for art, antiques, and collectibles, established in Stockholm, Sweden in 2011. The company operates internationally, with offices in New York, the UK, France, Spain, and Germany. It serves a diverse clientele, including top auctioneers, antique dealers, and galleries, as well as regional businesses. Barnebys provides a comprehensive online platform that aggregates listings from various auction houses and dealers, facilitating transactions for buyers and sellers through an efficient auction infrastructure. Additionally, the company offers a free database of auction results and a professional valuation service, further enhancing its value proposition in the auction industry.

Fishbrain

Seed Round in 2014
Fishbrain is a mobile app and social network designed for fishing enthusiasts. It offers users tools, insights, and support to enhance their fishing experiences. The app features an interactive map that helps anglers discover new fishing locations and track what others are catching, including the bait used. Additionally, Fishbrain emphasizes responsible fishing practices by promoting catch and release methods and the sustainable harvesting of fish species. The platform aggregates data on fishing catches from around the world, fostering a community where users can connect and share their fishing experiences.

BoMill

Venture Round in 2014
BoMill AB specializes in grain quality sorting solutions, focusing on the analysis and separation of granular products such as wheat, durum wheat, barley, and oats. The company offers two main products: TriQ, a large-scale grain quality sorting solution, and IQ, designed for laboratory use. Founded in 2001 by Swedish biochemist Bo Löfqvist, BoMill has extensive expertise in single kernel sorting technology. The company provides additional support services, including customer care and installation, and serves various sectors such as seed cleaning, malt houses, and flour mills. Headquartered in Malmö, Sweden, BoMill markets its technology and know-how across Europe, North America, and Australia, utilizing its own sales organization as well as agents and distributors.

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.

InDex Pharmaceuticals

Venture Round in 2014
InDex Pharmaceuticals AB is a clinical-stage biopharmaceutical company based in Stockholm, Sweden, focused on developing treatments for ulcerative colitis and other immunological diseases. The company’s lead product, cobitolimod, offers a local anti-inflammatory effect that aids in mucosal healing and alleviates clinical symptoms. Additionally, InDex Pharmaceuticals utilizes its proprietary DNA-based ImmunoModulatory Sequences (DIMS) platform to create drugs aimed at various therapeutic areas, including inflammation and cancer. The company also provides DiBiCol, a diagnostic kit designed to monitor specific biomarkers related to ulcerative colitis and Crohn’s disease from a single colonic biopsy. Founded in 2016, InDex Pharmaceuticals operates as a subsidiary of InDex Pharmaceuticals Holding AB (publ).

Garantibil

Venture Round in 2013
Garantibil is an online platform that facilitates the buying and selling of new and used cars, focusing on creating a secure environment for transactions. All vehicles listed on the site undergo thorough inspections and test drives conducted by independent evaluators, ensuring their quality and reliability. Each car is valued by a certified appraiser and comes with comprehensive insurance and a two-year warranty for used vehicles. Additionally, Garantibil safeguards the purchase amount until the sale agreement is fully executed, enhancing buyer confidence. This approach aims to protect consumers from dishonest sellers and streamline the process of acquiring used cars.

MagComp

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.

Calliditas Therapeutics

Series C in 2013
Calliditas Therapeutics AB is a specialty pharmaceutical company based in Stockholm, Sweden. It is focused on developing high quality pharmaceutical products for patients with a significant unmet medical need in niche indications, in which Calliditas can partially or completely participate in the commercialization efforts. Calliditas is focused on the development and commercialization of the product candidate Nefecon, a unique two step formulation optimized to combine a time lag effect with a concentrated release of the active substance budesonide, within a designated target area. This patented, locally acting formulation is intended for treatment of patients with the inflammatory renal disease IgA nephropathy (IgAN). Calliditas is running a global Phase 3 study within IgAN and aims to commercialize Nefecon in the United States.

Smartfish AS

Venture Round in 2013
Smartfish is a Norwegian, research-based company.

Sol Voltaics

Series B in 2013
Sol Voltaics is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary hetero structured nanowire epitaxial growth and process technologies.

Fishbrain

Seed Round in 2013
Fishbrain is a mobile app and social network designed for fishing enthusiasts. It offers users tools, insights, and support to enhance their fishing experiences. The app features an interactive map that helps anglers discover new fishing locations and track what others are catching, including the bait used. Additionally, Fishbrain emphasizes responsible fishing practices by promoting catch and release methods and the sustainable harvesting of fish species. The platform aggregates data on fishing catches from around the world, fostering a community where users can connect and share their fishing experiences.

inRiver

Venture Round in 2013
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.

Foap

Seed Round in 2013
Foap is a Swedish startup that operates a crowdsourced photo and video marketplace aimed at connecting brands with photographers and videographers. Users can upload photos taken on their iPhones to the Foap app, where approved images are published on the company's website for editorial and commercial sales. Each photo can be sold an unlimited number of times, and Foap shares the revenue with creators on a 50/50 basis, with photos priced at $10 per license. The company seeks to build a diverse image database that reflects authentic and local content, distinguishing itself from typical stock photos that saturate the market. By focusing on high-quality, real images, Foap aims to provide brands with engaging visual content at affordable prices while continually expanding its library with new submissions.

Funnel

Seed Round in 2013
Funnel is a marketing analytics and reporting software that aims to streamline data collection for online advertisers and e-commerce companies. Founded in 2014 by Fredrik Skantze and Per Made, the company provides a platform that integrates with over 400 marketing and advertising sources. This allows businesses to automatically collect and structure advertising performance data, facilitating better decision-making regarding advertising spend and business growth. Funnel enables users to feed data into various tools, including Business Intelligence platforms, Data Warehouses, and visualization tools like Google Data Studio and Google Analytics. The company serves a diverse clientele, including e-commerce businesses, media agencies, brands, B2B enterprises, mobile applications, and gaming companies. Funnel operates from its headquarters in Stockholm, with an additional office in Boston.

Mantex

Venture Round in 2013
Mantex AB manufactures and sells industrial X-ray scanners, primarily serving the bioenergy, pulp and paper, and research sectors both in Sweden and internationally. Established in 1987 and based in Kista, Sweden, the company specializes in biofuel analyzers that evaluate the quality of wood-based biofuels, as well as flow scanners designed to assess wood chips for pulp and paper production. Mantex's innovative technology enables real-time analysis of organic materials used in various industrial processes, helping to identify foreign objects and measure material properties effectively. This capability is particularly important in addressing the challenges posed by variations in the water content of raw materials, which can impact the purchasing and processing of organic matter in large quantities.

Flexenclosure

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.

Qwaya

Series A in 2013
Qwaya AB is a technology company based in Stockholm, Sweden, that specializes in providing a comprehensive advertising tool for Facebook marketing. The platform enables business clients to create, publish, track, optimize, and organize their Facebook advertisement campaigns with ease. Qwaya's tool is designed for a wide range of advertisers and agencies, featuring user-friendly functionality and a low flat fee pricing model. In addition to its core capabilities, Qwaya offers options for scheduling campaigns, setting performance-based rules to pause ads, and facilitating collaboration among team members. As a certified Facebook Preferred Marketing Developer, Qwaya is committed to enhancing social media marketing through its advanced tools and resources, including training webinars to support users in improving their advertising strategies.

Oncopeptides

Series A in 2013
Oncopeptides is a clinical stage company backed by HealthCap and Industrifonden that has raised approximately 16.5 MEUR in Early Stage and Series A financing to 2015. Oncopeptides lead compound, named melflufen, is a peptidase potentiated therapy within oncology. Melflufen is a very potent anti-angiogenetic compound, triggers rapid, robust, and irreversible DNA damage and exerts it cytotoxicity through alkylation of DNA. Melflufen is currently undergoing Phase 2 efficacy studies in patients with relapsed and relapsed-refractory multiple myeloma. The peptidase targeting causes melflufen and its metabolites to accumulate in the diseased cells. This results in targeted delivery of the active moieties to the cancer cells, and thereby better treatment of the disease.

ClearCar

Venture Round in 2012
ClearCar AB is a privately held company based in Grums, Sweden, specializing in vehicle inspection services. It operates vehicle inspection and repair stations, offering a range of automotive services that include inspection, repair, and car-washing. As of April 2016, ClearCar functions as a subsidiary of Besikta Bilprovning i Sverige AB.

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)
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