Walerud Ventures is a Stockholm-based family office firm founded in 2002 that focuses on investing in early-stage startups, often from the ideation phase. The firm specializes in sectors such as artificial intelligence, 3D technology, solar cells, fintech, telecom, and biotech. Walerud Ventures emphasizes a hands-on approach, dedicating significant time to help startups establish their teams, strategies, and sales efforts. The firm selectively partners with a limited number of startups to ensure personalized support, working closely with founders who are dedicated to a single product that addresses a significant market need. With a track record of involvement in 18 companies, including notable successes and profitable exits, Walerud Ventures values sustainable competitive advantages and seeks to foster brilliant, motivated teams with integrity. The investment process is designed to be straightforward and fair, with the firm investing between 1-10 million SEK while ensuring founders retain the majority ownership of their companies.
AirForestry is focused on revolutionizing forest management through the use of electric harvesting drones. This innovative approach allows for thinning forests from the air, which not only reduces carbon dioxide emissions associated with traditional forestry practices but also enhances the forest's capacity to sequester carbon. By freeing up 20% of forest land currently occupied by access roads, AirForestry aims to create healthier forests that contribute to a more sustainable society. The company's technology serves as an efficient harvesting tool, enabling forestry departments to optimize land use and improve carbon storage, thereby playing a significant role in combating climate change.
Paebbl
Seed Round in 2022
Paebbl is a carbon storage company founded in 2021 by Pol Knops, Jane Walerud, Marta Sjögren, and Andreas Saari. The company focuses on capturing carbon dioxide from industrial facilities or directly from the atmosphere to produce carbon-negative building materials. By specializing in carbon dioxide mineralization, Paebbl significantly accelerates this process while minimizing energy consumption. This innovative approach enables the development of sustainable construction materials, addressing the construction sector's substantial contribution to global carbon emissions, which accounts for 38% of the total. Through its efforts, Paebbl aims to provide clients with eco-friendly raw materials that help combat climate change.
Graphmatech
Venture Round in 2021
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.
Airforestry
Pre Seed Round in 2021
AirForestry is focused on revolutionizing forest management through the use of electric harvesting drones. This innovative approach allows for thinning forests from the air, which not only reduces carbon dioxide emissions associated with traditional forestry practices but also enhances the forest's capacity to sequester carbon. By freeing up 20% of forest land currently occupied by access roads, AirForestry aims to create healthier forests that contribute to a more sustainable society. The company's technology serves as an efficient harvesting tool, enabling forestry departments to optimize land use and improve carbon storage, thereby playing a significant role in combating climate change.
Ekkono Solutions
Series A in 2019
Ekkono Solutions AB, based in Tvååker, Sweden, specializes in machine learning solutions tailored for the Internet of Things (IoT). The company has developed an embedded advanced analytics engine that performs various machine learning techniques directly on connected devices. This technology encompasses the entire workflow, from data input and model training to execution, re-training, and output. Ekkono's solutions are applicable across diverse industries, including energy, telecommunications, automotive, agriculture, healthcare, and housing automation, as well as in consumer IoT applications such as home security systems and smart appliances. By enabling devices to learn their normal operating states, Ekkono's technology facilitates anomaly detection, performance optimization, and predictive maintenance. This edge-based approach allows real-time data processing, minimizing network load by transmitting only relevant information to the cloud. As a result, connected devices become more autonomous and intelligent, enhancing their functionality while reducing dependence on network quality.
Swedish Algae Factory
Venture Round in 2018
Swedish Algae Factory AB, established in 2014 and located in Gothenburg, Sweden, specializes in algae cultivation and wastewater treatment systems. The company focuses on extracting nanoporous silica from silicon algae, a material that enhances the efficiency of solar panels by trapping visible light and blocking UV light. Laboratory tests have shown promising results in improving solar panel performance. Additionally, the nanoporous material has applications beyond energy, including use in skincare products for moisturizing, cleaning, and UV protection, thanks to its ability to absorb and release particles based on environmental conditions.
Graphmatech
Seed Round in 2018
Graphmatech AB, founded in 2017 and based in Västerås, Sweden, specializes in the invention, development, and sale of innovative graphene-based nanocomposite materials. The company offers a range of products, including aros graphene thermal grease, aros graphene polymer 3D filament, aros graphene conductive ink, and aros graphene coated polymer powder. Graphmatech's materials leverage the exceptional electrical and thermal properties of graphene, providing high conductivity, lightweight characteristics, and enhanced durability. These attributes enable industries to create advanced products, contributing to the green transition by promoting the efficient use of materials. The company’s focus includes applications in the hydrogen economy and improved 3D printing technologies, offering solutions that utilize less material while achieving superior performance compared to traditional alternatives.
Volumental
Venture Round in 2018
Volumental AB, established in 2012 and headquartered in Stockholm, Sweden, specializes in 3D scanning technology. Its platform, Volumental, allows users to create accurate 3D models of people, objects, and rooms, which can be shared or embedded in various web pages. The company's globally recognized 3D scanning software has facilitated the creation of thousands of models and is employed by leading retail and medical industries for product customization, including 3D printing and footwear recommendations using AI-driven fit engines.
Ekkono Solutions
Seed Round in 2017
Ekkono Solutions AB, based in Tvååker, Sweden, specializes in machine learning solutions tailored for the Internet of Things (IoT). The company has developed an embedded advanced analytics engine that performs various machine learning techniques directly on connected devices. This technology encompasses the entire workflow, from data input and model training to execution, re-training, and output. Ekkono's solutions are applicable across diverse industries, including energy, telecommunications, automotive, agriculture, healthcare, and housing automation, as well as in consumer IoT applications such as home security systems and smart appliances. By enabling devices to learn their normal operating states, Ekkono's technology facilitates anomaly detection, performance optimization, and predictive maintenance. This edge-based approach allows real-time data processing, minimizing network load by transmitting only relevant information to the cloud. As a result, connected devices become more autonomous and intelligent, enhancing their functionality while reducing dependence on network quality.
Ekkono Solutions
Pre Seed Round in 2017
Ekkono Solutions AB, based in Tvååker, Sweden, specializes in machine learning solutions tailored for the Internet of Things (IoT). The company has developed an embedded advanced analytics engine that performs various machine learning techniques directly on connected devices. This technology encompasses the entire workflow, from data input and model training to execution, re-training, and output. Ekkono's solutions are applicable across diverse industries, including energy, telecommunications, automotive, agriculture, healthcare, and housing automation, as well as in consumer IoT applications such as home security systems and smart appliances. By enabling devices to learn their normal operating states, Ekkono's technology facilitates anomaly detection, performance optimization, and predictive maintenance. This edge-based approach allows real-time data processing, minimizing network load by transmitting only relevant information to the cloud. As a result, connected devices become more autonomous and intelligent, enhancing their functionality while reducing dependence on network quality.
Racefox
Seed Round in 2016
Racefox, headquartered in Stockholm, Sweden, specializes in digital coaching for running and cross-country skiing. Utilizing a combination of biomechanics research, sports science, data science, and AI, the company's application provides personalized training plans and real-time performance metrics. By analyzing users' movements and identifying potential issues, Racefox helps enhance performance and prevent injuries, catering to both elite athletes and recreational enthusiasts seeking to improve their skills and maintain health.
Satcube
Seed Round in 2016
Satcube AB is a satellite communications company based in Gothenburg, Sweden, specializing in lightweight satellite terminals. The company's flagship product, the Satcube Ku, utilizes high throughput satellites to provide broadband connectivity. Satcube's solutions are designed for a range of sectors, including broadcast media, emergency response, law enforcement, and telemedicine, enabling reliable communication in various environments. Established in 2006, Satcube continues to focus on innovation in satellite communication technology to support users in remote and challenging locations worldwide.
Sumline AB
Seed Round in 2016
Sumline is an intelligent mobile app that provides truly personal media feeds tailored to every interest. The more the user uses Sumline, the smarter it becomes. In short Sumline works in the following way: 1) Big Data. We collect a large volume of data from the Internet and structure it into a manageable format 2) Catalogue Content.
Volumental
Pre Seed Round in 2012
Volumental AB, established in 2012 and headquartered in Stockholm, Sweden, specializes in 3D scanning technology. Its platform, Volumental, allows users to create accurate 3D models of people, objects, and rooms, which can be shared or embedded in various web pages. The company's globally recognized 3D scanning software has facilitated the creation of thousands of models and is employed by leading retail and medical industries for product customization, including 3D printing and footwear recommendations using AI-driven fit engines.
Teclo Networks
Seed Round in 2010
Teclo Networks AG specializes in TCP/IP data acceleration solutions, enhancing data delivery for mobile operators and businesses in Switzerland and internationally. The company's flagship product, the S-Series, is an in-line solution that optimizes TCP/IP for mobile use without requiring modifications to client-side software. Teclo Networks offers services that manage data traffic across various protocols, including TCP/IP, HTTP, HTTPS, SMTP, and IMAP, and supports multiple network infrastructures such as LTE, 3G, and Wi-Fi. Additionally, the company provides network consultancy, support, and training services to its clients. Founded in 2009 and headquartered in Zurich, Switzerland, Teclo Networks operates as a subsidiary of Sandvine Corporation.
Ellen.se
Seed Round in 2005
Ellen AB, founded in 2000 and headquartered in Stockholm, Sweden, is a biotech company specializing in women's intimate health products. The company develops and markets a range of self-care items designed to promote well-being and address intimate health conditions. Its flagship offerings include probiotic tampons that restore vaginal flora balance, a probiotic intimate cream, and various other products such as intimate cleansing foam, deodorant, and pH-control medical devices. Ellen's unique probiotic formulations, which feature a high proportion of natural and organic ingredients, are patent protected and are sold primarily through a network of distributors across Europe. The company has expanded its product line over the years, evolving from a single-product entity to a multifaceted brand dedicated to enhancing women's intimate health. Ellen's products are available in several European countries and online in Scandinavia, reflecting its commitment to providing innovative solutions for women's intimate care.
Klarna
Pre Seed Round in 2005
Klarna Inc. is an e-commerce payment solutions provider that serves both merchants and consumers, specializing in flexible payment options. Founded in 2005 and headquartered in Columbus, Ohio, with additional offices in New York City, Klarna offers a range of services including direct payments, pay-after-delivery options, and installment plans. The company is recognized for its "buy now, pay later" model, allowing shoppers to finance their retail purchases with interest-free payments. Klarna also enhances the shopping experience through its app, which offers features such as cashback rewards and on-site messaging for retailers. As a regulated bank, Klarna operates under a framework that supports a variety of payment processing and dispute resolution services, aiming to make transactions simple, safe, and smooth for users.
Meqon Research
Seed Round in 2005
Meqon Research develops physics middleware for the computer game industry.
VoiSec
Seed Round in 2005
VoiSec provides security apps for their citizens.
Midsummer
Seed Round in 2004
Midsummer, founded in 2004 and headquartered in Stockholm, Sweden, specializes in the production of CIGS thin film solar cells and the manufacturing equipment necessary for their cost-effective production. Drawing on the founders' experience in optical disc manufacturing, Midsummer has developed a unique approach that utilizes mature technology to produce smaller, flexible solar cells measuring 156×156 mm. This design allows for efficient process development and avoids common challenges associated with scaling up production. The lightweight solar panels can be integrated into a variety of surfaces, including membrane roofs, portable power plants, marine installations, vehicles, and other infrastructure projects. Midsummer's focus on flexibility and innovative production techniques positions it as a key player in the evolving solar energy market.
Panopticon Software AB
Seed Round in 2003
Panopticon Software AB is an industry leader in real-time visual data discovery solutions. Panopticon is a leader in visual data discovery for its innovative real-time technology. The company’s in-memory, high speed solution has a proven track record in capital markets, telecommunications, energy and other industries that rely on real-time visual discovery and analytics. Panopticon has also been recognized by industry and analyst organizations for being a technical and thought leader in the marketplace, including being recently named as a “Cool Vendor” in the Cool Vendors for In-Memory Computing 2013 report by Gartner, Inc.
Datawatch Corp
Post in 2002
Datawatch Corporation designs, develops, markets, and distributes business computer software products in the United States and internationally.The company sells its products through direct sales force, value added resellers, strategic partners, and distributors. Datawatch Corporation was founded in 1985 and is headquartered in Chelmsford, Massachusetts.
Libego AB
Seed Round in 2002
Libego is a professional service provider in the embedded software sector.
Telcogames
Seed Round in 2002
Telcogames offers various categories of games, such as action, card and casino, puzzles and boards, sports and racing, and strategy and RPG games.
Lensway
Seed Round in 2002
Lensway is an online shopping platform that offers contact lenses, eyeglasses, and accessories.
Bluetail Medical Group
Seed Round in 1999
Bluetail Medical Group provides regenerative therapies and sports medicine treatments. It focuses on platelet-rich plasma therapy, prolotherapy, regenerative medicine, back pain, regenerative cell injection therapy, and more. It provides its services to patients of all ages.
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