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.

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.

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.

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.

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.

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.

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.

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.

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.

EQT Ventures is a European venture capital firm based in Stockholm, Sweden, with offices in London, Berlin, Paris, Amsterdam and San Francisco. It backs bold and ambitious founders across Europe and the United States at seed, early and growth stages, with a focus on information technology and SaaS. The firm provides hands-on support and strategic guidance beyond capital to help portfolio companies scale, and it uses its in-house artificial intelligence platform, Motherbrain, to drive a data-driven approach to identifying opportunities and accelerating growth.

Founded in 2010, EIT InnoEnergy is a leading European innovation engine focused on Sustainable Energy. It invests in early-stage climate tech and energy companies across Europe and the US, providing equity minority investments and added value services to de-risk projects.

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.

Partnerinvest Norr is a private equity and venture capital firm based in Luleå, Sweden, founded in 2010. The firm focuses on investing in companies that are in their expansion phase across various sectors, including software, security, biometrics, cleantech, e-commerce, trade, tourism, industrial, media, transportation, information technology, communication, and life sciences. With a commitment to supporting growth-oriented businesses, Partnerinvest Norr aims to foster innovation and development within these industries.

Northzone is a London-headquartered venture capital firm with offices in New York, Oslo, Stockholm, and across the Nordics. Established in 1996, it pursues early- and multi-stage technology investments in healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming. The firm leverages a global network to help portfolio companies scale, connecting them with customers, partners, and key talent. Northzone has backed influential founders and built relationships with category-defining businesses, having partnered with the founders of Spotify, Klarna, iZettle, Hopin, and others. The organization has raised over €1.5 billion in funds to support its investments.

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.

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.

Wellstreet Partners is a venture capital firm established in 2016 and located in Sollentuna, Sweden. The firm focuses on investing in early-stage Nordic-based companies across various sectors, including direct-to-consumer, software as a service, business-to-business services, infrastructure technology, e-commerce, fintech, marketing technology, greentech, and proptech. Wellstreet is dedicated to fostering innovation and entrepreneurship by challenging the status quo and facilitating the transformation of small businesses into significant players in their respective fields. The firm has been instrumental in the success of numerous startups, emphasizing the development of a supportive ecosystem to enhance value propositions and disrupt traditional markets. Through its commitment to driving progress and embracing change, Wellstreet Partners aims to contribute to a better future filled with opportunities and advancements.

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.

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.

Founded in 2024, Amplio focuses on investing in business services and IT & technology services. It employs a buy-and-build strategy to drive long-term growth in markets driven by sustainable solutions, digital efficiency, and smart urbanization.

Almi Invest GreenTech is a venture capital company based in Stockholm, Sweden, focusing on early-stage investments in clean tech, climate tech, and life sciences sectors.

DHS Venture Partners is a venture capital firm founded in 2015 and based in Stockholm, Sweden. The firm is dedicated to supporting early-stage startups in the Nordic region, focusing on turning innovative ideas into sustainable businesses. DHS provides entrepreneurs with access to a wealth of expertise and hands-on support, akin to that of an angel investor, while also leveraging the resources and network of an experienced community to enhance growth opportunities.

Rite Ventures is a Swedish venture capital firm focusing on early to mid-stage companies within the IT services, software as a service, and e-commerce sectors in Sweden and Finland. It invests between €1 million to €20 million, typically €2 million to €5 million, in companies with turnover between €3 million to €20 million. Rite Ventures seeks active involvement in portfolio companies to drive growth and expansion.

LRF Ventures is a corporate venture capital firm based in Stockholm, Sweden. It invests in early-growth stage agricultural technology startups with a focus on long-term partnerships.

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.

Incore Invest, established in 2022 and headquartered in Stockholm, Sweden, is an investment firm specializing in growth-stage companies within the internet and technology sectors. The firm focuses on actively supporting and expanding innovative businesses by collaborating with founders, management teams, and existing owners. Its portfolio includes Brite Payments, a European payment platform leveraging open banking technology; Mynt, a Swedish fintech company streamlining expense management with smart company cards; and SAVR, a marketplace for long-term savings committed to transparency and improved user experiences.

Subvenio Invest is a venture capital firm founded in 2018 and based in Stockholm, Sweden. The company focuses on investing in early-stage firms, specifically targeting the business-to-business, technology, and healthcare sectors. Through its investments, Subvenio Invest aims to support the growth and development of innovative companies that show potential for significant impact and success in their respective industries.

Zobito is a growth capital firm based in Limhamn, Sweden, focusing on B2B software and technology companies in Europe. The firm combines equity investments with hands-on operational support to help portfolio companies achieve sustainable growth. Its partners bring experience in taking companies from startup to world-class scale and emphasize a science-based approach to building operational platforms. Zobito aims to align incentives by sharing both risk and upside with the companies it backs, investing capital alongside execution expertise to drive performance improvements. The firm prioritizes scalable operations and strategic growth initiatives, leveraging its enterprise software background to support rapid and durable value creation across its portfolio.

Founded in 2016, Wave Ventures is a venture capital firm specializing in pre-seed investments across the Nordics and Baltic regions. Based primarily in Finland with an additional office in Sweden, it focuses on supporting Gen Z entrepreneurs at the earliest stage.

Maki.vc is a venture capital firm established in 2018 and located in Helsinki, Finland. The firm focuses on investing in early-stage companies, spanning from their inception to Series A and beyond. Maki.vc targets a diverse range of sectors, including deep tech, consumer products and services, healthcare technology, artificial intelligence, and machine learning. While the firm is rooted in the Nordics, it actively seeks opportunities on a global scale, particularly in countries such as Sweden, Norway, Germany, France, the United Kingdom, and the United States. Maki.vc partners with companies that challenge conventional norms, emphasizing strong intellectual property and a deep understanding of customer needs. The firm aligns itself with visionary founders who are committed to innovation and disruption in their respective industries.

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.

VNV Global AB (publ), formerly known as Vostok New Ventures Ltd., is a private equity and venture capital firm based in Stockholm, Sweden. Established in 2007, the company specializes in growth capital, buyout investments, and incubation in online marketplaces, consumer-focused, and business-to-business companies globally, excluding China. VNV Global prefers to be a significant minority shareholder and actively manage investments through board representation, focusing on unlisted companies in various sectors, including fintech. With a strategic approach to both majority and minority stakes in its portfolio companies, VNV Global aims to drive growth and value creation in its investments.

Northern Light Capital is a venture capital firm founded in 2016 and based in Umea, Sweden. It focuses on early and growth stage investments, with a preference for Swedish companies, and supports portfolio firms with expertise, networks, and committed capital to help them grow.

Balderton Capital is a London-based venture capital firm that invests in European technology companies across early-stage and growth stages. It targets sectors including software, fintech, health technology, consumer and retail, internet, mobility, security, and related tech-enabled businesses. The firm supports portfolio companies throughout their lifecycle—from seed to exit—by providing strategic guidance, introductions to professional services, and access to a network of globally connected executives. It operates a founder-focused program with workshops and community events designed to help portfolio companies scale, hire, and navigate markets.

Founded in 2009, 3T Invest is a venture capital firm based in Stockholm, Sweden. It specializes in seed investments, focusing on health and wellbeing, deeptech, and lifestyle sectors.

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.

JNE Invest AB is a private equity and venture capital firm established in 2015 and located in Sollentuna, Sweden. The company focuses on growth investments, primarily targeting early-stage ventures in the branding, real estate, and technology sectors. JNE Invest aims to support small companies with significant potential in these industries, leveraging its expertise to foster their development and expansion.

Founded in Sweden, Pale Blue Dot is a venture capital firm investing in early-stage startups addressing global challenges with innovative and sustainable solutions. They focus on sectors such as energy, food and agriculture, transportation, and materials.

Vidici Ventures AB is a private equity and venture capital firm based in Stockholm, Sweden, founded in 2012. The company specializes in investing across various stages, including seed, start-up, early, mid, and late-stage ventures, with a strong focus on the fintech sector. Vidici Ventures was established by entrepreneurs who recognized the potential for fintech innovation in the Nordic region. The firm collaborates closely with entrepreneurs and management teams to foster partnerships that enhance the growth and development of promising fintech companies. With extensive experience in scaling high-growth fintech ventures, Vidici Ventures plays a crucial role in supporting a diverse range of ambitious and emerging fintech businesses in today's competitive landscape.

Nefco is an international financial institution that finances the initial scale-up of Nordic green solutions on international markets. Nefco has financed and implemented over 1,500 projects in energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes, among others. Their task is to accelerate the shift to green by financing the initial scale-up of Nordic environmentally and climate-friendly solutions in international markets.

Established in 1995, GU Ventures is a Swedish venture capital firm wholly owned by the state and managed by the University of Gothenburg. It supports projects and companies spun out from the university, focusing on life sciences and technology sectors with commercial viability.

Otiva is a Swedish venture capital firm founded in 2017. It focuses on equity investments from Series A to late growth stages, demonstrating flexibility and long-term commitment with no fixed holding period.

Founded in Stockholm, Sweden in 2014, NFT Ventures is a venture capital firm specializing in seed and early-stage investments. It focuses on the financial technology sector across Europe, with a particular emphasis on Northern European countries. The firm aims to take equity stakes of around 20-25% and supports entrepreneurs by providing funding, guidance, and increased visibility.

Founded in London, NordicNinja VC is a venture capital firm investing in early-stage companies across Northern Europe. Focusing on sectors such as robotics, automation, health tech, and AI, the company supports scaling businesses that promote environmental and social characteristics.

Saminvest AB, established in 2016, is a state-owned venture capital firm based in Stockholm, Sweden. It specializes in fund of funds investments, focusing on venture capital funds that actively invest in the Swedish market. Saminvest's primary mission is to stimulate the Swedish venture capital market by investing in privately managed funds and angel investor programs, often serving as an anchor investor. By doing so, it aims to enhance the availability of private capital for small and medium-sized companies, fostering growth and development within Sweden's venture capital ecosystem. Saminvest places a strong emphasis on sustainability and gender equality, setting clear requirements for funds to pursue these objectives. It functions as a catalyst, bringing venture capital, knowledge, and contacts to support the development and growth of companies in the region.

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.

Crowberry Capital is a venture capital firm based in Reykjavik, Iceland, focused on seed and early-stage technology startups across the Nordic region. The firm backs teams with strong technology advantages and supports building fast-growing, international companies that can scale beyond the Nordics. It emphasizes a hands-on approach throughout the investment cycle, from seed to exit. The team combines extensive experience in managing technology startups and exits with a global outlook gained from work in multiple countries. Investments span sectors such as health tech, software-as-a-service, fintech, gaming and consumer products, reflecting a broad tech mandate in the Nordic ecosystem.

Nordic Venture Partners (Sweden) is a venture capital firm specializing in the Information and Communications Technology sector. Its core objective is to identify and nurture promising young companies, particularly in enterprise software and hardware, communications software and hardware, and internet applications and infrastructure. The firm enhances the value of its portfolio companies by providing essential support and resources in key management areas, including strategic planning, financing, and executive recruitment. With a global perspective, Nordic Venture Partners is committed to achieving high performance through active involvement and international networking, focusing on select ventures that exhibit unique potential for growth.