Luminar Ventures

Luminar Ventures, established in 2017 and headquartered in Stockholm, Sweden, is a venture capital firm focusing on early-stage investments in technology companies. It primarily invests in scalable digital seed-stage companies from the Nordics, with a particular interest in Sweden. The firm targets industries ripe for disruption or transformation, such as fintech, artificial intelligence, machine learning, healthtech, and insurtech. Luminar Ventures provides not only capital but also active operational support, strategic guidance, and assistance with team building and organizational development to its portfolio companies. It typically invests between USD 500,000 to USD 2 million per round.

Louise Hagen

Partner

Daniel Karsberg

Partner

Jacob Key

Co-Founder and General Partner

Past deals in Nordic Europe

ReCarber

Seed Round in 2025
ReCarber, a Swedish impact startup, specializes in accelerating bio-energy carbon capture and storage (BECCS) projects. Its platform streamlines the complex BECCS value chain, facilitating faster project deployment and connecting emitters with carbon credit buyers. This enables industries to achieve more efficient and lower-risk carbon reduction, thereby enhancing climate impact.

Corsmed

Seed Round in 2024
Corsmed AB, founded in 2016 and based in Lund, Sweden, specializes in the development of advanced cloud infrastructures for medical imaging applications, particularly focusing on magnetic resonance imaging (MRI). The company has created a sophisticated MRI simulation platform, often referred to as "the flight simulator of MRI," which serves as a training tool for current and future MRI operators. This innovative platform enables users to practice on unlimited virtual MRI scanners through an educational module, while also providing a research module for building and testing pulse sequences on anatomical models. Corsmed's technology allows medical professionals to enhance their skills and maintain practice in a safe environment, regardless of their prior experience level, ultimately aiming to improve patient care worldwide.

Greenely

Series A in 2024
Greenely AB, headquartered in Stockholm, Sweden, develops a user-friendly mobile application that enables individuals to monitor their home's electricity consumption and provides tailored tips for reducing usage and saving money. With over 150,000 users connected via Greenely, the company aims to foster zero-emission communities by empowering households worldwide to control and optimize their energy usage through its innovative platform.

Hiber

Series A in 2021
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Teemyco

Seed Round in 2021
Teemyco is an internet company based in Stockholm, Sweden, founded in 2019. It specializes in developing a virtual workplace software that facilitates online interactions among employees. The platform offers customizable virtual rooms, allowing teams to gather for meetings and ad hoc discussions irrespective of their physical locations. This design promotes inclusive collaboration and efficient onboarding, enabling colleagues to work together seamlessly while overcoming geographic limitations. Teemyco aims to enhance the remote working experience by providing tools that foster connectivity and teamwork in a digital environment.

Hiber

Seed Round in 2021
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Teemyco

Seed Round in 2020
Teemyco is an internet company based in Stockholm, Sweden, founded in 2019. It specializes in developing a virtual workplace software that facilitates online interactions among employees. The platform offers customizable virtual rooms, allowing teams to gather for meetings and ad hoc discussions irrespective of their physical locations. This design promotes inclusive collaboration and efficient onboarding, enabling colleagues to work together seamlessly while overcoming geographic limitations. Teemyco aims to enhance the remote working experience by providing tools that foster connectivity and teamwork in a digital environment.

Open Payments

Seed Round in 2020
Open Payments Europe is a developer of an innovative open banking platform that facilitates secure access to a wide range of bank APIs across Europe. Established in 2017 and headquartered in Stockholm, Sweden, the company provides crucial infrastructure for the open banking ecosystem, complying with PSD2 regulations. Its platform enables third-party providers and business partners to seamlessly integrate banking services while maintaining their own branding and user experience. By offering a single, secure access point, Open Payments empowers businesses to develop and enhance their products and services in a streamlined manner, promoting efficiency and innovation in financial technology.

Hiber

Seed Round in 2020
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Petbuddy Group

Seed Round in 2020
Petbuddy Group is a D2C pet care group of sustainable brands with the mission to do good for pets, pet parents and the planet. Our brand Buddy Pet Foods offers tailored subscriptions of natural- high quality dog food. In Sep 2020 we also launched Rockybox, a curated dog treat subscription box. We have invested heavy into our ecommerce/subscription platform and will over the next 5 years launch 5 to 7 more sustainable pet care brands based on data and trends. One customer group, one platform, many brands = strong value creation. Based out of Sweden we're experiencing strong growth and are seeking 5 MEUR to further scale PBG and it's brand offerings to new EU markets in 2021.

Health Integrator

Seed Round in 2020
Health Integrator AB is a digital health platform based in Stockholm, Sweden, established in 2017. It provides a comprehensive marketplace for various health services, focusing on key areas such as diet, physical activity, sleep, stress management, and substance use including alcohol and tobacco. The platform facilitates access to a wide range of health activities and services, including health screenings and personal health coaching. By integrating these resources, Health Integrator aims to support users in achieving sustainable healthy lifestyles and reducing the risk of chronic diseases.

Hiber

Seed Round in 2019
Hiber AB, founded in 2017 and based in Gothenburg, Sweden, operates a gaming and entertainment platform that enables users to create and play interactive experiences across mobile devices and PCs. The company's platform allows individuals to design their own 3D interactive experiences without the need for coding, fostering a community where users can share their creations with others. Initially browser-based, Hiber expanded its capabilities in 2019 by introducing touch creation mode, making it possible for users to create and share content on mobile devices with touch screens. This innovation has led to significant growth among mobile users, with over one million experiences created, including virtual worlds, games, and interactive museums.

Greenely

Seed Round in 2019
Greenely AB, headquartered in Stockholm, Sweden, develops a user-friendly mobile application that enables individuals to monitor their home's electricity consumption and provides tailored tips for reducing usage and saving money. With over 150,000 users connected via Greenely, the company aims to foster zero-emission communities by empowering households worldwide to control and optimize their energy usage through its innovative platform.

Petbuddy Group

Seed Round in 2019
Petbuddy Group is a D2C pet care group of sustainable brands with the mission to do good for pets, pet parents and the planet. Our brand Buddy Pet Foods offers tailored subscriptions of natural- high quality dog food. In Sep 2020 we also launched Rockybox, a curated dog treat subscription box. We have invested heavy into our ecommerce/subscription platform and will over the next 5 years launch 5 to 7 more sustainable pet care brands based on data and trends. One customer group, one platform, many brands = strong value creation. Based out of Sweden we're experiencing strong growth and are seeking 5 MEUR to further scale PBG and it's brand offerings to new EU markets in 2021.

Open Payments

Seed Round in 2019
Open Payments Europe is a developer of an innovative open banking platform that facilitates secure access to a wide range of bank APIs across Europe. Established in 2017 and headquartered in Stockholm, Sweden, the company provides crucial infrastructure for the open banking ecosystem, complying with PSD2 regulations. Its platform enables third-party providers and business partners to seamlessly integrate banking services while maintaining their own branding and user experience. By offering a single, secure access point, Open Payments empowers businesses to develop and enhance their products and services in a streamlined manner, promoting efficiency and innovation in financial technology.

BYON8

Venture Round in 2019
BYON8 Corporation, founded in 2015 in Linkoping, Sweden, is a technology company focused on transforming the healthcare industry through innovative digital solutions. Co-founded by Josef and Matias Murad, BYON8 began with a small team of three developers and has rapidly expanded to over 33 members in a short span. The company is known for its AI-based digital physician platform, AITOPYA, which analyzes patient information and generates diagnostic propositions based on a user's medical history and symptoms. By leveraging advanced algorithms and medical artificial intelligence, BYON8's platform aims to empower users to manage their health effectively. As a young startup, the company is actively seeking financial support from venture capitalists and strategic partners to enhance its growth and further develop its offerings in an ever-evolving healthcare landscape.
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