Crowberry Capital invests at seed and early stage in outstanding teams building global businesses around true technology advantages. They work with their teams to build fast paced, international companies from the Nordics. They have a strong follow through philosophy. They back the best from seed to exit. The founding partners behind Crowberry Capital have worked together for over 7 years. The Crowberry team has managed over 51 technology start-ups, negotiated a total of 15 exits and made 17 seed investments. The Crowberry team has a Global outlook having lived and worked in a total of 8 countries on 4 continents.

Frumtak GP is a venture capital firm based in Reykjavik, Iceland, established in 2008. The firm specializes in post-seed and early-stage investments, focusing primarily on technology and innovative companies with growth potential. It typically invests between ISK50 million and ISK500 million in its portfolio companies, aiming to hold these investments for three to five years. While Frumtak GP primarily targets investments within Iceland, it is open to opportunities abroad to enhance the success of its portfolio. The firm actively participates on the boards of its investee companies, promoting collaboration with stakeholders in both the local and international start-up and innovation communities. Frumtak GP operates through its funds, including Frumtak I and Frumtak II, the latter of which emphasizes foreign market growth for innovative enterprises.

NSA Ventures is an evergreen venture capital firm based in Reykjavík, Iceland, focused on direct and fund of fund investments. The firm primarily targets equity investments in seed, startup, and early-stage companies, with a strong emphasis on the technology and life sciences sectors. NSA Ventures favors investing in Icelandic companies and is open to co-investing with other investors across various stages, from angel to growth. Additionally, it engages in balance sheet investments to support promising growth companies with innovative ideas and capable management teams. Founded in 1998, NSA Ventures plays a vital role in enhancing the Icelandic venture capital landscape and promoting economic growth through its investments.

Brunnur Ventures invests in entities in Iceland and has the ability to invest abroad as a part of the expansion of its portfolio companies internationally. The venture firm does not have a specific industry focus. However, it investments in companies that show great growth potential in specific industry sectors. Brunnur Ventures is the General Partner of Brunnur Venture Capital Fund a USD 40M fund.

byFounders VC Management ApS is a venture capital firm that focuses on investing in early-stage startups, particularly in the technology sector with an emphasis on Artificial Intelligence. Founded in 2017 and headquartered in Copenhagen, Denmark, with an additional office in San Francisco, California, the firm primarily targets investment opportunities in the Nordics, Baltics, and Silicon Valley. byFounders aims to support ambitious founders by providing not only financial backing but also expertise and mentorship, leveraging the experience of its accomplished entrepreneurial team. The firm invests at various stages, including pre-seed, seed, and occasionally Series A, and it also engages in follow-on investments within its portfolio.

Eyrir Invest is a private equity and venture capital firm based in Reykjavík, Iceland, founded in 2000. The firm specializes in a range of investment strategies, including incubation, late venture, emerging growth, and industry consolidation, primarily focusing on industrial sectors such as healthcare, food processing, and oil and gas. Eyrir Invest typically seeks majority stakes in its portfolio companies, emphasizing an active ownership role to enhance growth and value creation. The firm aims to support promising ventures for international expansion, leveraging its long-standing tradition and expertise in active management. Eyrir Invest primarily invests in Europe and the Nordic countries, employing a buy and build strategy that allows it to capitalize on existing growth opportunities in its investments.

They are founders and they build companies with founders. They have practical knowledge on how to work with founders who have the capacity to build great companies: They think it is more than “founder picking”, it is also mentoring and coaching. They take an active role in mentoring and coaching the founding team in technology design and development, strategy, business development, team development and recruiting as well as operations. They have explicit experience taking founders from the idea stage to a profitable exit. The greatest value that They add is in helping founders navigate multiple priorities, exposing them to a network of influencers, sequencing tasks and accelerating the value proposition development of the company.

CapMan is a prominent Nordic private asset management and investment firm founded in 1989, with a focus on private equity, real estate, and infrastructure. With over 30 years of experience, CapMan has established a strong presence in the Nordic region and Russia, managing a diverse portfolio that spans various industries. The firm aims to enhance the value of unlisted businesses by fostering better organization and financial stability, which contributes to economic growth and societal well-being. CapMan operates through two primary divisions: CapMan Private Equity, which includes funds like the Growth Equity and Mezzanine funds, and CapMan Real Estate, which focuses on core and value-added real estate investments. The firm targets investments in sectors such as technology, retail, and residential properties, emphasizing the importance of quality environments and utilities for thriving communities. Through its international networks, CapMan seeks to create sustainable value for its investors while supporting innovation and job creation in the regions it serves.

Investa is an early stage investor in some of Iceland's most innovative startups. It invests primarily in companies in the technology sector offering products and solutions that have an international appeal. Its policy is to invest in a select few startups and spend a lot of time with them. In addition to investing, the company also provide various advisory services from time to time to companies, investors and institutions that need help evaluating new opportunities.

Sisu Ventures III is an early-stage venture capital fund managed by Sisu Game Ventures, based in Helsinki, Finland. Established in 2014, Sisu Ventures focuses on the gaming industry, particularly targeting the most promising gaming companies in the Nordic region. The fund's investment strategy is selective, considering opportunities outside the Nordics primarily through its established network. Sisu's team comprises four active partners with extensive experience in the gaming sector and startup ecosystems, having founded and developed numerous companies and achieved several successful exits. This combination of industry expertise and a targeted investment approach positions Sisu Ventures III as a significant player in the gaming investment landscape.

Luminar Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2017. The firm focuses on early-stage investments, particularly in scalable digital seed-stage companies from Sweden and the Nordic region, including Denmark, Finland, Iceland, and Norway. Luminar Ventures primarily targets sectors such as fintech, artificial intelligence, machine learning, health tech, and insurtech. The firm invests between 500 thousand and 2 million USD, providing not only financial support but also active operational assistance. Luminar engages closely with its portfolio companies, offering strategic guidance and resources to help entrepreneurs transform major industries through innovative digital technologies.

Maki.vc is a venture capital firm based in Helsinki, Finland, that focuses on early-stage investments in startups, primarily at the seed and Series A stages, with occasional participation in Series B rounds. Founded in 2018, Maki.vc targets a wide range of industries, emphasizing technologies such as artificial intelligence, machine learning, deep tech, and innovative user experiences. Investment amounts typically range from €0.2 million to €750,000 at the seed stage, and from €750,000 to €5 million at Series A. While the firm has a strong focus on the Nordic region, it pursues opportunities globally, particularly in companies that challenge conventional norms and exhibit strong intellectual property and customer insights. Maki.vc partners with founders who are committed to pushing boundaries in their respective fields.

Kvika banki hf. is a specialized financial institution based in Reykjavik, Iceland, focused on providing investment banking and asset management services primarily in Iceland and the United Kingdom. Established in 2002, the bank operates through five distinct segments: Corporate Banking, Corporate Finance, Capital Markets, Proprietary Trading and Treasury, and Asset Management. The Corporate Banking segment offers a range of banking services, including advisory and lending. In Corporate Finance, the bank provides advisory services for mergers, acquisitions, financing, and financial restructuring. The Capital Markets segment facilitates securities and derivatives brokerage for various clients, while Proprietary Trading and Treasury focus on market making and treasury services. Asset Management encompasses both domestic and foreign assets, catering to private banking and pension plans. Kvika banki also underwent a merger with Virðing hf. in 2017, enhancing its service offerings and market presence in Western Europe.

Via Equity A/S is a private equity and venture capital firm based in Hellerup, Denmark, with additional offices in Munich, Germany, and Stockholm, Sweden. Established in 2006, the firm primarily invests in small and mid-sized companies across the technology, media, telecommunications, and information and communications technology sectors. Its investment strategy encompasses a range of financing stages, including seed, early, and late-stage investments, as well as growth capital and leveraged buyouts. Via Equity focuses on companies with revenues between €10 million and €100 million, typically taking minority stakes but also considering majority positions. The firm is particularly interested in businesses located in the Nordic region or those with significant value-add activities in the area. While its core focus remains on technology and services, Via Equity also explores opportunities in hardware, industrial markets, healthcare, and life sciences, provided that there are strong information technology components involved. The firm prefers to take an active role in its investments, often seeking a seat on the Board of Directors.

Altor is a private equity investment firm founded in 2003, based in Stockholm, Sweden, with a focus on investing in medium-sized companies in the Nordic region. The firm seeks to create long-term value by partnering with owners and managers to develop world-class businesses. Altor targets companies with revenues ranging from €50 million to €500 million, investing across various sectors, including energy, materials, and resources. The firm has garnered support from over 50 prominent investors, including notable institutions such as Harvard Management Company and Goldman Sachs Private Equity Group. Altor is committed to responsible investing and incorporates ESG considerations into its investment strategies, aligning with Article 8 under the EU Sustainable Finance Disclosure Regulation.

Startup Reykjavik is a mentorship-driven seed stage investment program based in Reykjavik, Iceland, founded in 2012 by Arion Bank, Innovit Entrepreneurship Center, and Klak. The program runs annually for ten weeks and is highly selective about the ideas it accepts. Selected startups receive $16,000 in seed funding and benefit from perks such as free hosting services and a collaborative workspace. Participants engage in intensive mentorship, gaining valuable insights and connections essential for launching their businesses. The program culminates in an Investor and Demo Day, where founders have the opportunity to pitch their ideas to angel investors and venture capitalists. Startup Reykjavik primarily focuses on startups in the information technology and media sectors, providing a structured environment to nurture and develop innovative business concepts.

Goldman Sachs is a global investment banking, securities, and investment management firm headquartered in New York City. Established in 1869, it provides a wide range of financial services to corporations, financial institutions, governments, and high-net-worth individuals. The firm operates through several segments, including Investment Banking, which offers financial advisory services related to mergers and acquisitions, and underwriting services for public and private offerings. Its Institutional Client Services segment facilitates client transactions across various asset classes and provides services like securities lending. The Investing & Lending segment focuses on long-term loans and investments in debt and equity securities, while the Investment Management segment offers portfolio management and wealth advisory services. Additionally, Goldman Sachs engages in private equity investments across multiple sectors and geographies, reinforcing its position as a leading investor in both public and private markets.

Alfa Framtak is a private equity fund based in Iceland, making alternative asset investment from a ISK 7 billion private equity fund.In the year 2018 the name was changed from Icora Partners to Alfa - Icora Partners, founded in 2010 by Gunnar Pall Tryggvason and Fridrik Johannsson, worked primarily in Mergers & Acquisitions and restructuring in Iceland, Denmark, Latvia and Czech Republic.

Lífsverk is a pension fund established in 1954 in Iceland, originally serving engineers but now open to anyone with a university degree. The fund operates under principles of age-related rights, fund democracy, and electronic governance. Lífsverk administers various benefits, including a defined benefits pension plan, long-term disability coverage, and retiree health insurance for government workers. The investment portfolio of Lífsverk is diversified, comprising approximately 40.65% in shares and funds, 59.24% in bonds, and minimal allocations in derivatives and bank deposits. The organization is committed to values such as integrity, positivity, and responsibility, ensuring a reliable and supportive financial future for its members.

Íslandssjóðir hf is a privately owned investment manager. The firm manages equity and fixed income mutual funds for its clients. It also manages fund of funds. The firm invests in the public equity and fixed income markets across the globe. For its fixed income portfolios, it invests in government bonds and money market instruments. It also invests in private equity. The firm was previously known as Glitnir Funds Hf. It operates as a subsidiary of Íslandsbanki. Íslandssjóðir hf is based in Reykjavík, Iceland.

Thule Investments is an asset management firm based in Iceland, established in 2003. The firm specializes in managing venture capital and private equity funds, focusing on post-seed stage investments. Currently, it oversees several active funds, including Bru Venture Capital ehf, Bru II Venture Capital Fund S.C.A. SICAR, and Bru Fasteignir, which is dedicated to real estate. Thule Investments targets opportunities in companies located in Iceland, Europe, and the east coast of the United States.

Inventure is a prominent early-stage venture capital firm based in the Nordics and Baltics, with offices in Helsinki, Stockholm, and Shanghai. The firm specializes in investing in innovative and rapidly growing companies, particularly in the technology, software, and digital services sectors. Inventure seeks to partner with exceptional entrepreneurs who aim to disrupt their industries. The firm typically makes initial investments ranging from 100,000 euros to 10 million euros throughout a company's development. Managed from Helsinki, Inventure Fund III, established in 2017, specifically targets software companies in the Nordics and Baltics, leveraging a team of experienced entrepreneurs and investment professionals dedicated to fostering global success for start-ups.

TDR Capital is a private equity firm established in 2002 and headquartered in London, England. The firm specializes in investing in medium-sized businesses across Europe, with a focus on sectors such as leisure and hospitality, financial services, and business services. TDR Capital aims to partner with these companies to enhance their operations through strategic and operational improvements. The firm employs ongoing research to identify potential investment opportunities that can benefit from its expertise. Over the years, TDR Capital has managed several buyout funds, targeting various sectors including commercial products, consumer products, and information technology, with the goal of fostering growth and transformation in its portfolio companies.

Nordic Mezzanine is a private equity firm established in 1998 and headquartered in Helsinki, Finland, with an additional office in London. The firm specializes in mezzanine financing for buyouts, growth, and capital restructuring, primarily targeting sectors such as business-to-business, business-to-consumer, manufacturing, industrials, and software as a service in Northern and Western Europe. Nordic Mezzanine manages dedicated mezzanine funds and has attracted significant commitments from prominent institutional investors across the Nordic countries and Continental Europe. As of now, the total funds under management exceed 480 million euros, including commitments from its latest fund, which closed in 2009 with a total of 240 million euros.

Nalka Invest AB is a private equity firm based in Stockholm, Sweden, specializing in investments in small and medium-sized businesses predominantly within the Nordic region. Founded in 2015, the firm focuses on both mid-cap companies with an EBITA ranging from SEK 100 million to SEK 300 million and small-cap companies with an EBITA between SEK 30 million and SEK 100 million. Nalka Invest seeks to acquire both minority and majority stakes in private companies across various sectors, including business products, business services, consumer products, consumer services, manufacturing, and industrial sectors. The firm aims to foster the development of independent, competitive, and sustainable businesses through commitment and collaboration.

Sequent Invest AB is a private equity and venture capital firm based in Stockholm, Sweden, that focuses on growth investments in mature small-cap companies within the Nordic region. Established in 2011, the firm targets companies with EBITDA ranging from SEK 50 million to SEK 300 million. Sequent Invest typically maintains an investment horizon of three to five years, aiming to foster the development and expansion of its portfolio companies. The firm's investment strategy is implemented through its buyout fund, Sequent Invest II, which also operates from its Stockholm headquarters.

Creandum is a prominent European venture capital firm, established in 2003 and headquartered in Stockholm, with additional offices in California and Berlin. The firm specializes in early-stage and growth-stage investments, primarily targeting innovative technology companies within the consumer, software, and hardware sectors. Over the past decade, Creandum has invested in more than 80 companies, including notable names such as Spotify, iZettle, Small Giant Games, Kry, and Depop. Its focus extends across Western Europe and North America, emphasizing its commitment to fostering fast-growing enterprises in the technology landscape.

NorgesInvestor is an asset management group established in 1996, headquartered in Oslo, Norway, with an additional office in Sweden. The firm focuses on creating strategic and financial value through various activities, including private equity investments in mature and growth companies, discretionary wealth management, and investments in listed securities. NorgesInvestor targets mid-market investments primarily in the Nordic region, specifically within sectors such as telecommunications, information technology, retail, alternative energy, oil services, technology, and manufacturing. The group is independent and privately-owned, emphasizing financial solidity in its operational approach.

Inbox Capital AB is a venture capital firm located in Stockholm, Sweden, that focuses on growth equity investments. The firm primarily targets fintech and technology companies situated in the Nordic region, seeking to invest in disruptive and high-growth potential businesses. Inbox Capital participates in various stages of funding, specifically pre-series A to C rounds, to support the development and expansion of its portfolio companies.

Bure Equity AB is a private equity and venture capital firm based in Stockholm, Sweden, established in 1992. The firm focuses on investing in small and medium-sized enterprises (SMEs) across various sectors, including education services, communication, medtech, consumer staples, financial services, industrials, healthcare, information technology, and professional services. Bure Equity employs an agnostic investment approach, targeting both listed and unlisted companies primarily in Nordic and European developed markets. It typically invests amounts ranging from $5 million to $100 million, seeking to acquire a majority stake to exert significant influence over its portfolio companies. Bure Equity aims to support the growth and success of these companies through active engagement in value-driven initiatives. Although it does not have a fixed exit strategy, the firm generally holds investments for three to five years.

Viking Venture is a private equity firm based in Trondheim, Norway, established in 2001. The firm specializes in investing in fast-growing scale-up companies in the Nordics, with a particular focus on business-to-business software enterprises that possess international growth potential. Viking Venture manages over 2.5 billion and aims to support companies that are poised for significant expansion. The firm's expertise lies in identifying and nurturing businesses that can thrive in the competitive European market.

Axcel Management A/S is a private equity firm based in Copenhagen, Denmark, with an additional office in Stockholm, Sweden. Founded in 1994, Axcel specializes in investments in mid-market companies across various sectors, including Industrials, Technology, Consumer goods, and Healthcare, primarily focusing on the Nordic region. The firm invests in companies with annual revenues ranging from DKK 250 million to DKK 4 billion and an enterprise value between EUR 75 million and EUR 250 million. Axcel typically seeks to acquire a majority stake in its portfolio companies, takes a board seat, and aims to exit its investments within three to seven years. The firm has raised four funds, totaling around DKK 10 billion, and has completed 45 investments along with over 80 significant bolt-on acquisitions.

Monterro is a private equity firm based in Sweden that focuses on investing in Nordic software companies. Established in 2012, it aims to provide both financial support and active guidance to foster the growth of these companies. Monterro's three managing partners—Thomas Bill, Lars Sveder, and Peter Larsson—bring a wealth of experience in developing software enterprises. The firm primarily sources its capital from its founders and private individuals, reflecting a commitment to nurturing technology-driven businesses in the Nordic region.

Serendipity Partners is a private equity firm based in Oslo, Norway, focused on investing in mature, cash flow-positive healthcare companies primarily located in Europe, with a particular emphasis on the Nordic region, including Norway, Sweden, Finland, Denmark, and Iceland. The firm aims to establish long-term partnerships with public and family business owners, acquiring both controlling and non-majority ownership positions to influence value creation. With a dedicated network of senior healthcare professionals across Europe, Serendipity Partners seeks to source deals in a proprietary manner. The firm manages approximately NOK 800 million and targets various healthcare sectors, including pharmaceuticals, diagnostics, medical devices, and healthcare providers. While the primary focus is on established companies, the firm may allocate up to 20% of its investments in earlier-stage ventures and is open to investing in public companies as well. By avoiding excessive leverage, Serendipity Partners emphasizes a sustainable growth strategy that supports the long-term objectives of its partners.

Scale Capital is a venture capital firm based in Copenhagen, Denmark, with additional offices in New York and San Francisco. Established in 2012, it specializes in early-stage investments, focusing on Seed A and Series A rounds. The firm primarily targets startups in the Nordic region, although it occasionally invests outside this area. Scale Capital concentrates on technology ventures, particularly in enterprise software, artificial intelligence, analytics, B2B technology, digitization, and disruptive technologies. The firm typically invests between $500,000 and $1.5 million in its portfolio companies, aiming to support businesses with the potential to enter the US market.

Valedo Partners is a private equity firm based in Stockholm, Sweden, that focuses on investing in small and mid-sized companies within the Nordic region. Established in 2006, the firm specializes in growth capital investments, targeting companies with revenues between SEK 30 million and SEK 500 million. Valedo Partners aims to take a majority stake in its portfolio companies and actively participates in their development by contributing both capital and industry expertise. The firm seeks opportunities in sectors with clear growth potential, while avoiding investments in startups, real estate, weapons, and tobacco. By taking an active ownership role, Valedo Partners endeavors to help companies achieve their full potential.

P.U.L.S. AB is a principal investment firm specializing in investments in early stage projects and incubation. It seeks to invest in life sciences, pharmaceuticals, diagnostics, and medical technology. Within life sciences it primarily focuses on drug development and medicinal products and a secondary focus on medical devices. It targets investments in Sweden and the Nordic region. The firm seeks to invest between SEK 15 million ($2.52 million) and SEK 30 million ($4.40 million) per project. The firm seeks to hold its investments for a period of three to five years. It seeks to exit its investments through trade sale. The firm seeks to take a Board seat in its investee companies. P.U.L.S. AB was founded in 2002 and is based in Helsingborg, Sweden with additional offices in Göteborg, Sweden and Danderyd, Sweden.

Mobi Solutions is an investment firm based in Tartu, Estonia, specializing in seed and early-stage investments. The firm primarily focuses on companies in the B2B SaaS and mobile sectors. It actively collaborates with its portfolio companies, offering technical and business development resources to help them grow. Mobi Solutions supports North European startups looking to enter the U.S. or Asian markets, as well as U.S.-based startups targeting emerging markets. Additionally, Mobi Solutions is recognized as a leading SMS-gateway provider in the Baltic states, highlighting its expertise in mobile technology. Founded in 2000, the firm combines investment with strategic support to foster innovation and market expansion for its clients.

Orlando Management AG is a private equity firm based in Munich, Germany, with additional offices in Stockholm, Sweden, and Zurich, Switzerland. Founded in 2001, the firm specializes in special situation investments, including corporate spin-offs, turnarounds, and restructuring efforts. It primarily targets small and medium-sized enterprises, corporate subsidiaries, and mature companies across various sectors, with a focus on manufacturing, capital goods, and industrial services. Orlando Management AG avoids investments in startups and high-tech sectors such as biotechnology and software. The firm typically invests between €5 million and €30 million in companies with enterprise values ranging from €20 million to €150 million, and aims to secure majority or controlling minority stakes in its portfolio companies. While its primary focus is on companies located in Germany, Austria, Switzerland, and the Nordic region, Orlando Management AG is open to investments worldwide, pursuing transactions with a volume of up to €200 million.

Brightly Ventures AB is a Stockholm-based venture capital firm established in 2018 that specializes in seed and early-stage investments. The firm focuses primarily on the technology sector, including HealthTech, FinTech, Marketplaces, DeepTech, and MediaTech. Brightly Ventures targets companies located in the Nordic region, which encompasses Sweden, Norway, Denmark, Finland, and Iceland. The firm typically makes equity investments ranging from SEK 2 million to SEK 50 million, aiming for enterprises with a value between SEK 20 million and SEK 150 million. Brightly Ventures is committed to supporting high-potential ideas and provides hands-on assistance to help founders navigate their market journey effectively.

J12 Ventures AB is a venture capital firm established in 2019 and headquartered in Stockholm, Sweden, with additional offices in the United Kingdom and Finland. The firm specializes in pre-seed and early-stage investments, primarily focusing on innovative technology and software companies across the Nordics, including Sweden, Finland, and the Baltics. J12 Ventures typically invests between €0.1 million and €2 million in equity, making it an active player in supporting the growth of emerging businesses in the region.

NFT Ventures is a venture capital firm based in Stockholm, Sweden, with an additional office in Helsinki, Finland. Established in 2014, the firm specializes in seed, startup, growth capital, and early-stage investments, primarily within the financial technology sector. This includes areas such as banking products, loyalty programs, propTech, insurTech, regtech, and e-commerce. NFT Ventures focuses on the Northern European region, targeting markets in the Nordic countries, the United Kingdom, Germany, and the Benelux. The firm seeks to invest in established startups with scalable concepts and dedicated teams, typically taking equity stakes of 20 to 25 percent. NFT Ventures aims to support entrepreneurs in their development, helping them maximize growth and achieve market leadership while generating long-term value and returns for their investors.

STAR Capital Partnership LLP is a private equity firm specializing in the industry consolidation; acquisition, recapitalization, and development of capital assets and capital-asset based business. It considers a range of investment opportunities including standard management buyout and buy-in deals of whole businesses or divisions. The firm also seeks to provide growth capital either through a re-capitalization, where it takes a direct interest in its portfolio company, or by creating a joint venture acquisition vehicle. It seeks to invest in turnaround, middle market, mature and small mid-sized companies. The firm basically prefer to invest in healthcare and public services, specialist industrial, structured finance, TMT, transport, utilities, and strategic assets. The firm’s focus is on capital-intensive industries and it actively seeks investments in the sectors including utilities with a focus on power generation, distribution and transmission networks, CHP assets, energy contracting, and water treatment; transportation with a focus on airports, ports, roads, railways, bus and rail franchises, ticketing, gate systems, specialist shipping, logistics, and car parks; oil and gas with a focus on refineries, petrochemical facilities, midstream assets including pipelines, and storage LNG, gas storage; telecommunications with a focus on network management, services, cellular and fixed line networks, backbone infrastructure; industrials with a focus on beverage manufacturing, specialty printing, metal processing, processing plants, manufacturing facilities, support infrastructure, and maintenance facilities; and healthcare and public services with a focus on hospitals as well as PFIs and care facilities /PPPs, schools, student accommodation. It also seeks to invests in waste management with a focus on waste incineration and metal recycling; facilities management with a focus on maintenance services and spare parts management, financial services with a focus on back office processing and ATM networks; agribusiness with a focus on food manufacturing. The firm typically invests in companies located in Western Europe, more specifically within the European Union or the European Free Trade Association (EFTA). It also invest in Italy, Switzerland, Sweden, Spain, Portugal, Norway, Netherlands, Luxembourg, Ireland, Iceland, Greece, Germany, France, Finland, Denmark, Belgium, Austria. It prefers to invest between €15 million ($21.42 million) and €90 million ($128.56 million) in companies with an enterprise value of between €50 million ($71.42 million) and €1 billion ($1428.45 million). The firm prefer to have majority stake in companies. The main focus of the firm’s strategy is to act as a capital partner and seeks a strategic position in the portfolio company. The firm invests independently or with existing industry partners and business owners. STAR Capital Partnership LLP was founded in 2000 and is based in London, United Kingdom, with additional office in Frankfurt, Germany and Paris, France.

INVL Asset Management, based in Vilnius, Lithuania, is a principal investment firm and a subsidiary of Invalda INVL. The firm specializes in managing a diverse range of financial instruments, including pension and mutual funds, alternative investments, and private equity assets, as well as individual portfolios. Serving over 190,000 clients in Lithuania and Latvia, along with international investors, INVL Asset Management oversees total assets amounting to 650 million euros. The firm is committed to providing effective asset management solutions tailored to the needs of its clients.

Boerse Stuttgart Digital Ventures develops innovative business models for exchange trading and over-the-counter (OTC) trading in fungible products. It also invests in promising startups and enters into partnerships with selected partners to implement its digitisation strategy. Boerse Stuttgart Digital Ventures GmbH is a wholly-owned subsidiary of Boerse Stuttgart GmbH.

Karolinska Development AB is a venture capital firm based in Stockholm, Sweden, established in 2003. The firm specializes in early-stage investments in the life sciences and healthcare sectors, focusing on pharmaceutical research and development, biotechnology, medical technology, and related fields. Karolinska Development aims to create value by selecting commercially attractive medical innovations, developing them to enhance their return on investment, and subsequently commercializing these innovations through sales or out-licensing agreements. The firm primarily targets projects within the Nordic region, particularly in Sweden, and typically invests in up to five projects annually, often collaborating with innovators who serve as board members and advisors. With a structured selection process and a focus on minimizing operational costs in the initial stages, Karolinska Development seeks to advance its portfolio companies until they reach critical milestones for valuation increases. The firm prefers to exit investments at the Phase II stage of product development, which offers significant potential for successful negotiation of licensing or sales agreements.

Finstart Nordic is an investment fund and an innovation company that invests in and partners with teams of exceptional founders. The company invests in ambitious startups capable of disrupting the financial industry, and help them scale in the Nordics and beyond.

Prime Ventures is a private equity and venture capital firm founded in 1999, primarily focused on early-stage investments in technology and related sectors across Europe. The firm specializes in providing growth capital for companies at the seed stage to pre-IPO phase, with a particular emphasis on Series A and B funding rounds, as well as expansion stages. Its investment strategy targets the information and communication technology sector, including software, semiconductor, digital media, e-commerce, and clean technology. Based in Amsterdam, with additional offices in the United Kingdom and Noord-Brabant, Prime Ventures manages over €700 million in committed capital and prefers to invest €5 million to €15 million initially, with the potential for additional funding in subsequent rounds. The firm typically takes minority stakes and aims to hold board positions in its portfolio companies, leveraging its capital, experience, and network to guide them towards becoming global leaders. Prime Ventures focuses its investments primarily in the Benelux countries, the United Kingdom, France, Finland, Sweden, and other Nordic regions.

Zenith Group AB is a venture capital firm founded in 2015 and based in Stockholm, Sweden. Specializing in early-stage investments, the firm focuses primarily on retail and entertainment services technologies within the Nordic region. Zenith Group aims to be an active owner, contributing not only capital but also networks and industrial expertise to help portfolio companies grow and enhance their value. The firm has developed a unique ecosystem that allows experienced entrepreneurs and investors to engage with and support emerging company builders. By fostering strong relationships and leveraging its extensive network, Zenith Group is positioned to identify promising investment opportunities and assist its portfolio companies in achieving scalable growth. Its commitment to collaborating closely with entrepreneurs ensures that both parties can work together effectively for mutual success.

Speedinvest GmbH is a venture capital firm founded in 2011 and based in Vienna, Austria, specializing in early-stage investments in technology-related startups across Europe. The firm focuses on sectors such as deep tech, fintech, health, industrial tech, consumer marketplaces, software as a service, and climate tech. Speedinvest typically invests between €0.25 million and €3 million in pre-seed to Series A stages, aiming to take minority stakes of up to 20% in its portfolio companies. The firm emphasizes operational support, often taking on active roles within the companies it invests in for periods ranging from six months to a year. With additional offices in cities including San Francisco, Berlin, Paris, London, and Munich, Speedinvest seeks to leverage a global network to enhance its contributions to Europe’s startup ecosystem.