Founded in Sweden in 2009, Almi Invest is an active early-stage venture capital firm focusing on scalable startups across Sustainability, Industry, Tech, and Life Science sectors. With €430 million under management and over 1,000 investments since inception, the company supports startups from pre-seed to Series A stages, co-investing with private investors. Almi Invest offers engaged ownership, strategic guidance, active board participation, and access to an extensive investor network.

Founded in 1979, Industrifonden is a Swedish venture capital firm focusing on early-stage investments in technology and life science companies with international potential. It invests in sectors such as internet and media, information technology, telecom, mobile, electronics, industrial growth, pharmaceuticals, medical technology, manufacturing, and established service companies. The firm typically invests between SEK 5 million to SEK 145 million per company, seeking ownership interests of between 15% and 50%. It actively co-invests with other regional venture capital firms and usually exits its investments within five to ten years.

Chalmers Ventures is a Swedish venture capital firm based in Gothenburg that supports technology-driven companies through coaching, financing and business development. The firm invests across seed, early, and growth stages in Sweden, with programs that include incubation, startup camps and accelerator activities as well as a technology transfer program. It focuses on companies connected to the Gothenburg region and Sweden operating in information technology, communications, new materials, green tech, health tech and biotechnology, and seeks innovative ventures with growth potential. The firm typically makes minority investments and uses a staged funding approach, providing capital through various program phases and through balance sheet investments. It partners with ventures that participate in its programs, helping them advance from explore to scalable stages and achieve commercial success.

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

Nordic Investment Bank is an international financial institution headquartered in Helsinki, Finland. It provides sustainable, long-term financing to public and private sector clients on market terms, offering loans and guarantees for energy, environment, transport, infrastructure, telecom, and related projects. Owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden, the bank funds its lending through international capital markets. It serves governments, municipalities, large and mid-cap companies, financial institutions, and small and medium enterprises in member and non-member countries, and may support on-lending through financial intermediaries. Its projects emphasize competitiveness and sustainability in the Nordic-Baltic region.

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

CapMan Oyj is a Finnish investment management firm providing asset management services for institutional and private clients. It operates in the Nordic market, offering investment programs across multiple asset classes and providing fund management, advisory, and related client services. The company emphasizes disciplined investment processes, risk management, and transparent reporting aimed at delivering long-term value for clients.

Luminar Ventures is a Stockholm-based venture capital firm that concentrates on early-stage technology investments in the Nordic region, with a focus on Sweden-based startups seeking to disrupt major industries through digital innovations. The firm provides seed financing alongside active operational support, offering strategic guidance, growth planning, and assistance with organizational development to help portfolio companies scale. It targets scalable digital seed-stage companies led by ambitious entrepreneurs and backs ventures across areas such as fintech, artificial intelligence and machine learning, healthtech, and insurtech. By combining capital with hands-on support, Luminar Ventures aims to strengthen the foundations for rapid expansion and long-term success within the Nordic tech ecosystem.

Nordea Funds, a subsidiary of Nordea Bank AB (publ), is a Finnish investment management company that offers a broad spectrum of investment products. It manages equity, fixed income, and balanced mutual funds, as well as hedge funds, for its clients. Nordea Funds invests in public equity and fixed income markets, catering to both individual and institutional investors. The company is headquartered in Helsinki, Finland, and operates as part of Nordea Bank, Denmark's second-largest bank, which provides a comprehensive range of financial services, including banking, insurance, and investment products.

Verdane is a specialist growth equity investment firm that partners with sustainable, tech-enabled Northern European businesses to help them reach the next stage of international growth. With over €3bn in total commitments and over 120 investments since 2003, Verdane invests behind three core themes: Digital Consumer, Software Everywhere, and Sustainable Society.

Danske Bank A/S, established in 1871 and headquartered in Copenhagen, Denmark, is a leading Nordic universal bank. It offers a comprehensive range of banking services to small and medium-sized businesses, corporates, institutions, and personal customers across Denmark, the Nordics, and selected other markets. The bank's services include daily banking, home financing, investments, retirement planning, strategic advisory, leasing, financing, and wealth management. Danske Bank also provides mobile banking services and operates in areas such as capital markets, fixed income and currencies, and transaction banking and investor services. It has a significant presence in the region, with over 5 million retail customers and a dominant market share in lending and deposits in Denmark. Danske Private Equity, a subsidiary of Danske Bank, is a specialist in small and mid-market buyout funds in Europe and North America, managing funds for premium institutional investors.

Sting Capital AB, established in 2005 and based in Kista, Sweden, is a venture capital firm and accelerator focused on nurturing early-stage startups. It offers two primary programs: Sting Incubate and Sting Accelerate. Through these, Sting Capital provides initial grants of SEK 0.3 million ($0.03 million), with the possibility of up to SEK 0.5 million ($0.05 million) for Incubate, in exchange for equity stakes of 5% (Incubate) or 2% (Accelerate). The firm supports around 15-20 companies per year through Incubate (12-month duration) and 8 companies per batch (4-month duration) through Accelerate, with a focus on AI/deeptech, internet/media, health, sustainability, and games sectors. Sting Capital also offers coaching, a business angel network, a recruitment service, and an international network to foster the growth and global competitiveness of Swedish technology companies.

Founded in 2014, Sciety is a Stockholm-based investment company focused on supporting innovative life science and health tech companies in the Nordic region. It invests in biotechnology, pharmaceuticals, medical technology, and health tech sectors, with deal sizes ranging from 1 to 15 MEUR.

Established in 2018, Business Finland is a Finnish government agency dedicated to promoting innovation, internationalization, and tourism. It facilitates funding for research communities, industries, and service sectors, fostering technological, service-related, design, business, and social innovations. The agency connects global buyers with relevant contacts and assists investors with investment opportunities in Finland's key industries.

EQT is a global private equity firm founded in 1994 that invests in mid-market companies through buyouts, expansion capital, growth equity, and infrastructure opportunities. It targets opportunities in Europe, North America, and Asia across sectors such as healthcare, life sciences, technology, industrials, consumer services, and real estate, seeking durable cash flows and meaningful intrinsic value. EQT pursues controlling or co-controlling stakes and collaborates with management to drive growth, improve operations, and expand internationally. The firm maintains a broad geographic footprint and an ownership orientation designed to build market-leading companies with sustainable competitive advantages. By combining sector expertise with disciplined capital allocation, EQT aims to create long-term value for its portfolio and stakeholders while adapting to evolving market dynamics.

Founded in Singapore in 2017, Antler is an early-stage venture capital firm that invests globally. It focuses on backing exceptional founders from day one, offering a global community network of co-founders, talent, advisors, expansion support, and capital across various sectors such as technology, healthcare, finance, consumer goods, and more.

Omnes Capital S.A.S. is a venture capital and private equity firm specializing in direct and fund of fund investments. Within direct investments, the firm specializes in seed, startup, series A rounds, series B rounds, early venture, development stage, mid venture, late venture, emerging growth, growth capital, expansion, replacement capital, middle market, successions, small and mid-cap buyout, owner and leveraged buyout, mezzanine, PPP infrastructure, special situations, industry consolidation, mature, turnaround, and investing in small and medium enterprises. It is involved in all forms of business buy-ins/buyouts, on the occasion of inheritances, and in the form of spin-offs or delisting. Within fund of fund investments it invests in venture capital funds and secondary fund of funds. The firm prefers to invest in all the sectors including the information technology, life sciences, agri-food, telecommunications, and renewable energy sectors. It also invests in energy equipment and services; materials; construction and engineering; electrical equipment; commercial services and supplies; transportation infrastructure; hotels, restaurants, and leisure; agricultural products; cosmetics; real estate; online services; infrastructure services; electronic equipment and instruments; electronic manufacturing services; and water purification. Within information technology, the firm invests in electronics, materials, components, systems, laboratory and manufacturing equipment, design and test software, mobile, fiber optics, networks and operators, software applications, SaaS, cloud, hardware, development, administration and infrastructure, web-based technology services, media, and new information and communication technology (NICT). In life sciences, the firm invests in drug development, diagnostics, biotechnology, medtech, and medical devices. Under renewable energy, the firm invests in electricity and heat production, onshore wind, solar, hydro, heating networks in Europe with a focus on France, Germany, United Kingdom, Scandinavia, and Italy. It invests in companies based in Central America and Mexico; Caribbean; North America region with a focus on United States. The firm also invests in Turkey, Australia, Japan, New Zealand, Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and United Kingdom. The firm makes direct private equity investment in non-listed companies. Within mid-cap buyout and growth capital, the firm seeks to invest ticket size between €8 million ($8.80 million) and €25 million ($27.52 million) in companies with enterprise value between €25 million ($27.52 million) and €180 million ($198.12 million). Within small-cap buyout and growth capital, it invests in French small and medium enterprises with ticket size between €1 million ($1.10 million) and €8 million ($8.80 million) and enterprise value between €8 million ($8.80 million) and €25 million ($27.52 million). Within mezzanine buyout and growth capital, it makes investments in the form of bonds with share warrants (OBSA in French) in high-potential unlisted SMEs with a value of less than €300 million ($329.46 million). It seeks to invest between €1 million ($1.10 million) and €50 million ($55.03 million) in companies having revenues from $6.55 million to $322.7 million and enterprise value between $5.5 million and $1306.83 million. The firm also makes co-investments. When the firm co-invests, it seeks for a target enterprise value between €500 million ($550 million) and €1 billion ($1.10 billion) and investment capacity of €15 million ($16.51 million) per deal. The firm seeks to take minority stakes in its portfolio companies. It prefers to have a board seat on its portfolio companies. The firm seeks to invest for a period between two years and six years. It was formerly known as Credit Agricole Private Equity. Omnes Capital S.A.S. was founded in 2000 and is based in Paris, France with additional offices in Bruxelles, Belgium and Zurich, Switzerland.

Helgeland Invest is a private equity firm based in Mo i Rana, Norway, founded in 2011. The firm invests in companies across aquaculture, seafood, property, infrastructure, and oil-related sectors, applying strategic expertise to strengthen management, optimize organizational structures, and provide capital solutions to facilitate growth and consolidation.

EQT Ventures is a European venture capital firm founded in 2015, headquartered in Stockholm. With over €2 billion in total capital raised across its funds, EQT Ventures invests in early to later-stage technology companies across Europe and the United States. The firm supports founders with more than just capital, providing strategic advice and operational support throughout different stages of growth. EQT Ventures' team operates locally from six offices, taking a 'locals-with-locals' approach.

Vesalius Biocapital Partners S.à r.l. is a venture capital and private equity firm specializing in investments in all stages of development with a focus on incubation, seed, start-up, early stage, mid venture, late venture, mid-stage, later stage, expansion, development capital, replacement, emerging growth, bridge financing, and corporate spin-offs with more mature assets. The firm invests in life sciences and novel food applications. Within life sciences, it invests in healthcare, pharmaceuticals, therapeutics, medtech, biotechnology, and nanotechnology. It invests in companies developing novel drugs, medical devices and diagnostics for unmet medical needs and also targets novel nutrition technologies which have the potential to prevent or cure disease. The firm prefers to invest in Europe with a focus on the Benelux countries including Belgium, Netherlands, and Luxembourg; German-speaking countries; Finland; Denmark; Flanders; France; Sweden; Norway; Iceland; Switzerland; Austria; Scandinavia; and the United Kingdom. It typically invests between €1 million ($1.23 million) and €5 million ($6.15 million) in its portfolio companies, with a maximum of €10 million ($12.31 million) over several rounds of financing. The firm usually takes minority equity stakes in its portfolio companies and also provides shareholder loans. It typically leads or co-leads the investment syndicate and always takes a board seat in its portfolio companies. Vesalius Biocapital Partners S.à r.l. is based in Strassen, Luxembourg.

Spintop Ventures is a Stockholm-based venture capital firm founded in 2009 that invests in seed and early-stage Nordic software and technology companies. Backed by a network of accomplished tech entrepreneurs, industrialists and experienced private investors, the firm focuses on early-stage opportunities in the Scandinavian region and supports founders through growth. Since inception, Spintop Ventures has completed around 35 investments and achieved four exits.

Founded in 2003, Creandum is a Stockholm-based early-stage venture capital firm focusing on innovative technology companies across Western Europe and North America. The firm supports founders by providing not only capital but also operational expertise and a robust network built over years in the industry.

Novo Holdings is a Danish holding and investment firm managing the assets of the Novo Nordisk Foundation. Established in 1999, it invests globally in life science companies at all stages of development, with a portfolio also including equities, bonds, real estate, and infrastructure.

eEquity is a Stockholm-based private equity firm that concentrates its investments in the technology sector and related businesses across the Nordic region. It backs online-oriented models and other technology, digital, retail and software companies with the ambition to build market-leading businesses in close partnership with entrepreneurs. The firm emphasizes a collaborative portfolio approach, enabling entrepreneurs to benefit from a connected network and shared experience across companies. It looks for teams with scalable and differentiated business models addressing large markets and pursues opportunities opportunistically within its investment scope.

SEB Venture Capital is the corporate venture capital arm of a Swedish financial services group. It invests in fintech and related technologies, acting as a strategic partner to entrepreneurs and the parent company. The focus is on innovative solutions that improve the financial industry's efficiency, safety, and user experience, with an evergreen structure that supports long-term value creation for the firm and its stakeholders.

DNB Bank is a prominent Norwegian financial services group headquartered in Oslo, offering a comprehensive range of financial products and services to both retail and corporate customers. Established in 1822, DNB provides loans, savings accounts, advisory services, insurance, and pension products. The bank's personal banking offerings include various savings and investment options. For corporate clients, DNB delivers investment banking services that encompass financial and strategic advice related to capital raising, mergers and acquisitions, and restructurings. Its clientele spans multiple sectors, including energy, manufacturing, healthcare, shipping, and technology. DNB distributes its services through various channels, including mobile and online banking, bank offices, and in-store outlets, ensuring accessibility for its diverse customer base.

Founded in 2004, Layline Partners is a private equity firm based in Gothenburg, Sweden. The company invests in small and medium-sized enterprises (SMEs) across various sectors including media, medical technology, technology, business products, and services.

Vaekstfonden – The Danish Growth Fund – is the Danish state's investment fund. We strive to improve access to risk capital to enable Danish businesses to innovate, and to generate growth and new jobs. In close collaboration with banks and domestic and international private investors, we finance companies from all sectors nation-wide. We can accompany you for the entire journey – from your company’s infancy through growth phases to expansion abroad and even to an initial public offering.

Founded in 2012, Adelis Equity Partners is a Stockholm-based private equity firm specializing in lower mid-market investments across the Nordic region. The firm focuses on organic and acquisition-based growth investments in niche industrials, retail, life science, consumer, healthcare, medical technology, and business service sectors.

Northzone is a venture capital firm founded in 1996 and based in London, with offices in New York, Oslo, and Stockholm. It invests in technology-enabled companies across healthcare, software, hardware, artificial intelligence, semiconductors, blockchain, and gaming, spanning early-stage and multi-stage opportunities. The firm emphasizes connections by helping portfolio companies access customers, partners, and talent on an international scale. Northzone has backed notable founders of Spotify, Avito, iZettle, Klarna, and Hopin, reflecting a history of building category-defining businesses. The firm maintains a Nordic and European footprint while operating globally, and has raised substantial capital, including over €1.5 billion in funds.

Founded in 1856, Skandinaviska Enskilda Banken is a leading financial institution offering a wide range of banking services. It provides corporate and investment banking to large clients, retail banking to individuals and small businesses, and life insurance solutions across the Nordic and Baltic regions. The company also offers asset management services through various funds and portfolio mandates.

FSN Capital is a Nordic private equity firm based in Oslo, Norway, focused on middle-market investments in Northern Europe. Founded in 1999, it partners with companies across B2B and B2C sectors, including IT, healthcare, manufacturing, e-commerce, climate and clean technologies, education and fintech-related areas, as well as services and product businesses. The firm pursues long-term transformation of portfolio companies, supported by patient capital from a broad group of Nordic and international institutions, to drive sustainable, value-creating change. Its investment scope spans Western and Northern Europe, with a preference for sectors that benefit from digitalization, data, and scalable business models, and a willingness to back companies through strategic growth, operational improvements, and expansion into new markets. FSN Capital emphasizes responsible investment and ESG considerations in its approach.

Founded in 2018, Brightly Ventures is a Stockholm-based venture capital firm specializing in early-stage investments. It focuses on the Nordic region and sectors such as HealthTech, FinTech, Marketplaces, DeepTech, and MediaTech. The firm invests between SEK 2 million to SEK 50 million, with enterprise values ranging up to SEK 150 million.

IK Partners is a European private equity firm focused on mid-market companies. The firm makes equity investments across growth capital, leveraged buyouts and buyins, add-on acquisitions, recapitalizations, and restructurings, typically taking a majority stake and a board seat. It targets sectors including business services, healthcare, consumer, manufacturing, and industrials, with activity across Europe—Nordic and Continental Europe, the United Kingdom, Benelux, the DACH region, Poland, and France. Founded in 1989 and based in London, IK Partners operates multiple offices across Europe. Typical deals involve equity commitments between €50 million and €750 million and enterprise values between €100 million and €500 million, reflecting a focus on mid-sized companies with growth potential.

Karolinska Development is a venture capital firm based in Solna, Sweden, that funds and develops medical innovations rooted in academic and clinical science with the goal of commercialization. It selects commercially attractive innovations, advances them to milestones, and monetizes through the sale of portfolio companies or out-licensing of products. The firm works with innovators, often academics, to form lean portfolio companies that begin with low fixed costs and outsource development; a Karolinska Development representative typically serves on the board. Projects are continuously monitored and discontinued if targets are not met, with typical milestone-driven funding over six to eighteen months. Exits are usually structured as upfront payments plus milestone payments and royalties from sales, with a preference for exiting at the Phase II stage to demonstrate efficacy and value. The firm concentrates investments in Northern Europe across healthcare, life sciences, oncology, digital health, and related sectors.

Schibsted is a Scandinavian media group with approximately 7,000 employees across 30 countries. It operates as a family of digital brands, focusing on media, online marketplaces, and technology ventures.

Bonnier Ventures is the venture capital arm of Bonnier, a long-standing media group. Based in Stockholm, it was founded in 2013 and makes minority equity investments across seed through growth stages in Europe. It targets digital technologies, digital health, software as a service and fintech, investing typically $1 million to $20 million in companies with enterprise values between $5 million and $300 million.

Vinnova is Sweden's government agency dedicated to fostering innovation. Established in 2001, it aims to drive sustainable growth by funding innovative projects and research, investing in strong research environments, and facilitating collaborations between businesses, universities, public services, and other stakeholders. Annually, Vinnova invests around $350 million in these efforts.

Spiltan Fonder is a Swedish investment management company based in Stockholm, specializing in venture capital and private equity. The firm provides multi-stage financing to businesses across various sectors in Sweden, investing amounts typically ranging from SEK 1 million to SEK 10 million, with a preference for SEK 2 million to SEK 4 million. Spiltan Fonder seeks to partner with companies that demonstrate viable investment opportunities and have committed management teams with proven track records. The firm allocates approximately 60% of its capital to private companies while the remaining 40% is directed towards publicly listed firms, primarily through affiliated entities. Spiltan Fonder also supports portfolio companies by leveraging its extensive network of industry professionals to facilitate growth and development. Investments in private companies are guided by the potential for a realistic exit within three to five years. In addition to fund management, Spiltan Fonder offers services such as fund trading, child savings plans, and risk advisory.

Swedbank is a Nordic-Baltic bank with deep roots in Swedish savings-bank history. It originated from the merger of savings and union banks in the early 1990s and operates in Sweden and the Baltic states, Estonia, Latvia and Lithuania. The bank holds a leading position in Baltic retail banking and offers a broad range of financial services, including retail banking and asset management.

Founded in 2015, Zenith is a venture capital firm investing in early-stage tech companies across the Nordic region. It focuses on scalable business models and diverse teams, providing active support to portfolio companies alongside entrepreneurs.

Alfvén & Didrikson is a venture capital firm based in Stockholm, Sweden, established in 2010. The firm focuses on investing in fast-growing companies across various sectors, including healthcare, financial services, and information technology. It aims to support passionate entrepreneurs and teams with international growth ambitions. Since its inception, Alfvén & Didrikson has invested in a number of notable Northern European companies, such as Trustly, Quinyx, Glue, Acast, Offerta, Sympa, PE Accounting, and PingPong. The firm is committed to fostering innovation and helping its portfolio companies achieve their growth potential.

J12 Ventures is a Stockholm-based venture capital firm that backs pre-seed and early-stage technology and software startups, with a focus on AI, data infrastructure, and enterprise applications. It targets the Nordic and Baltic regions, including Sweden, Finland, and the Baltics, and maintains offices in the United Kingdom and Finland. Typical equity investments range from €0.1 to €2 million. The firm backs founders building software infrastructure that makes data more accessible and AI applications for enterprises, consumers, and healthcare. Founded in 2019, J12 Ventures operates to support ambitious early-stage founders in the tech ecosystem.

The EIC Accelerator is a Horizon Europe funding program that provides assistance to start-ups and SMEs that have an innovative, game-changing product, service, or business model that has the potential to create new markets or disrupt existing ones, and have the ambition and commitment to scale up, are seeking substantial funding, but the risks involved are too high for private investors to invest alone

TeleVenture Capital is a venture capital firm based in Oslo, Norway, established in 1993. It invests in information and communication technology opportunities, with a focus on mobile, wireless, broadband, and Internet-related businesses, and aims to back early-stage companies in Scandinavia and Europe. The firm typically seeks board seats in its portfolio companies and backs opportunities across industrials, software, energy, telecom, oil and gas, information technology, life sciences, marine, and consumer sectors.

Founded in 2012, Monterro is a Stockholm-based private equity firm that invests in Nordic B2B software companies. Unlike traditional investors, Monterro's founders and employees have extensive experience in founding, managing, and developing software companies themselves. They provide funding and active support to facilitate company growth.

Creades is a Swedish investment company established in 2011. It focuses on investing in small and medium-sized public and private companies, primarily in Sweden, with a typical investment range of SEK100 to SEK300 million. As an engaged owner, Creades seeks to provide a good risk-adjusted return for its shareholders by driving value creation.

European Investment Bank is the EU's long-term lending institution owned by its member states. It finances public and private sector projects across transportation, energy, telecommunications, health, education, water, housing, and other sectors in the European Union and beyond. The bank provides a range of financing tools including project loans, guarantees, debt and equity investments, and risk-sharing arrangements, as well as microfinance and venture capital funds. It also offers advisory services, infrastructure funding, and support for urban development, PPPs, and sustainable energy projects. Through infrastructure and environmental funds and partnerships with banks and intermediaries, it supports SMEs, innovation, and the transition to a low-carbon economy.

Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective.

Inventure is a Helsinki, Finland-based venture capital firm established in 2005 that focuses on early-stage technology startups in the Nordics and Baltics. It backs seed and Series A rounds, with initial investments typically starting around €100,000 and potentially rising to €10 million over a company’s life cycle. The firm concentrates on software, technology, and next-generation digital services across deep tech and consumer internet sectors. Its portfolio includes several notable companies such as Wolt, Detectify, Blueprint Genetics, Swappie, and Insurello.