Northern Light Capital

Northern Light Capital is a venture capital investment firm established in 2016 and located in Umeå, Sweden. The firm specializes in early and growth stage investments, primarily focusing on companies based in Sweden. In addition to providing capital, Northern Light Capital supports business growth by contributing expertise, valuable contacts, and a strong commitment to the success of its portfolio companies.

Michael Burman

Founding Partner

Andreas Christiansen

Founding Partner

Daniel Hoffman

Partner

Martin Hörnquist

Founding Partner

Olof Jansson

Founding Partner

Johan Lidström

Founding Partner

Thomas Lithner

Partner and Board Member

MIKAEL NYGREN

Co-Founder

Mattias Pettersson

Co-Founder

Jan Snygg

Founding Partner

MIKAEL ÖHLUND

Founder

Lisandro Bernardo Ph.D

Partner

4 past transactions

Elastisys

Venture Round in 2023
Elastisys is a Swedish company specializing in cloud-native security and automation, aimed at organizations that develop and operate software critical to society. It provides consulting services and managed services that enhance security and efficiency throughout the software development life cycle. Leveraging decades of research in distributed systems, high-performance computing, and cloud automation, Elastisys enables clients to implement secure applications that are both cost-efficient and responsive. The company's focus on open-source cloud technology helps organizations accelerate revenue while ensuring the reliability and safety of their software solutions.

HiloProbe

Venture Round in 2020
HiloProbe AB is a biotechnology company based in Umeå, Sweden, founded in 2016. The company specializes in developing innovative diagnostic techniques for cancer treatment, focusing on its flagship product, ColoNode. This biomarker test offers a highly accurate and rapid method for detecting and characterizing cancer cells in lymph nodes, particularly in cases of colorectal cancer. By providing precise analysis of cancer cell spread, HiloProbe enables healthcare professionals to assess the aggressiveness of cancer and make informed decisions regarding additional treatment options post-surgery.

ShimmerCat

Venture Round in 2017
ShimmerCat, developed by ZunZun AB since 2014, specializes in enhancing the performance of e-commerce websites through an advanced AI-powered web accelerator platform. This technology utilizes an intelligent IT infrastructure that incorporates HTTP/2 to significantly reduce the time required to create and load web applications. By automatically optimizing the delivery of web resources based on individual user conditions, ShimmerCat enhances loading speeds and overall performance. The platform efficiently manages backend processes by preemptively sending necessary assets to users, while also filtering out harmful bot traffic. Additionally, it offers tools for monitoring various performance metrics, including security, encryption, and image compression, enabling clients to build fast, optimized websites with ease.

Elastisys

Seed Round in 2017
Elastisys is a Swedish company specializing in cloud-native security and automation, aimed at organizations that develop and operate software critical to society. It provides consulting services and managed services that enhance security and efficiency throughout the software development life cycle. Leveraging decades of research in distributed systems, high-performance computing, and cloud automation, Elastisys enables clients to implement secure applications that are both cost-efficient and responsive. The company's focus on open-source cloud technology helps organizations accelerate revenue while ensuring the reliability and safety of their software solutions.
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