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Top 50 Artificial Intelligence VC Funds & Investors in Sweden (October 2026)

The most active venture capital funds investing in Sweden Artificial intelligence startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Artificial intelligence startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Antler
VC Fund
34 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Chalmers Ventures AB
VC Fund
26 Sweden, United States Pre-Seed, Seed, Venture - Series Unknown Software, Biotechnology, Information Technology $5.8k–$3.5M
Almi Invest
VC Fund
21 Sweden, Norway, United States Venture - Series Unknown, Seed Software, Health Care, Information Technology $226k–$3.5M
EQT Ventures
VC Fund
17 Sweden, Germany, United States Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2.5M–$100M
Spintop Ventures
VC Fund
12 Sweden, Finland, Norway Seed, Venture - Series Unknown, Series A Software, Information Technology, Artificial Intelligence $907k–$11M
J12
VC Fund
11 Sweden, Norway, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $974k–$30M
Propel Capital
VC Fund
9 Sweden, United States, Norway Convertible Note, Pre-Seed, Seed Software, E-Commerce, Health Care $24k–$615k
Industrifonden
VC Fund
9 Sweden, United States, Denmark Series A, Venture - Series Unknown Biotechnology, Software, Information Technology $2.5M–$21M
Creandum
VC Fund
9 Sweden, United States, Germany Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1.8M–$80M
Luminar Ventures
VC Fund
9 Sweden, Norway, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $420k–$21M
Inventure
VC Fund
7 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $549k–$25M
Wellstreet
VC Fund
7 Sweden, Norway, Finland Venture - Series Unknown, Seed Software, E-Commerce, Retail $216k–$5M
Norrsken VC
VC Fund
6 Sweden, United Kingdom, Germany Seed, Series A, Venture - Series Unknown Software, Artificial Intelligence, Health Care $893k–$156M
Ampli Ventures
VC Fund
6 Sweden, Denmark, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $641k–$21M
Northzone
VC Fund
6 United States, Sweden, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, FinTech $2.5M–$100M
byFounders
VC Fund
5 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $750k–$65M
KTH Holding
VC Fund
5 Sweden, United Kingdom Venture - Series Unknown, Seed, Pre-Seed Software, Information Technology, Health Care $23k–$5.5M
Sweet Studio
VC Fund
5 Sweden Pre-Seed, Venture - Series Unknown, Seed iOS, Apps, Audio $106k–$3.8M
NordicNinja VC
VC Fund
5 Sweden, Finland, Estonia Series A, Series B, Seed Artificial Intelligence, Information Technology, Software $1.9M–$62M
Neudi & Co
VC Fund
4 Sweden, The Netherlands Seed, Series A, Series B Software, Analytics, Machine Learning $1.4M–$24M
Icebreaker.vc
VC Fund
4 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
Stena Sessan
VC Fund
4 Sweden Series C, Series A Software, Analytics, SaaS $24M–$160M
Subvenio Invest
VC Fund
4 Sweden Seed, Venture - Series Unknown Software, Information Technology, CMS $1.2M–$4.2M
Norrsken Evolve
VC Fund
4 Sweden, France, United States Pre-Seed, Seed, Non-Equity Assistance Software, Artificial Intelligence, Information Technology $125k–$5.8M
Point Nine
VC Fund
4 Germany, United States, France Seed, Series A, Series B Software, SaaS, Artificial Intelligence $900k–$62M
Benchmark
VC Fund
4 United States, United Kingdom, Israel Series B, Series A, Series C Software, Enterprise Software, SaaS $4.1M–$100M
Investment AB Spiltan
VC Fund
4 Sweden, United States Venture - Series Unknown, Series A, Seed Software, Artificial Intelligence, Apps $604k–$12M
Yanno Capital
VC Fund
3 Sweden Seed, Series A Apps, Big Data, Internet
Gate
VC Fund
3 United States, Singapore, United Kingdom Seed, Series A, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.2M–$20M
VEQ
VC Fund
3 Sweden Seed, Pre-Seed Marketplace, Drones, Energy $586k–$1.9M
DHS Venture Partners
VC Fund
3 Sweden Pre-Seed, Seed Software, SaaS, Big Data $180k–$1.8M
Bonit Capital
VC Fund
3 Sweden, United States, Germany Seed, Venture - Series Unknown Health Care, Medical, Apps $1.1M–$5.1M
Inbox Capital
VC Fund
3 Sweden, Finland, United States Venture - Series Unknown, Series A, Seed Software, Apps, SaaS $1.2M–$20M
node.vc
VC Fund
3 Sweden, Denmark, Norway Seed, Pre-Seed, Series A Information Technology, Internet, Software $412k–$8M
Andreessen Horowitz
VC Fund
3 United States, United Kingdom, Canada Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $1.5M–$120M
Acequia Capital (AceCap)
VC Fund
3 United States, United Kingdom, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$25M
Lakestar
VC Fund
3 United Kingdom, Germany, United States Seed, Series A, Series B Software, Artificial Intelligence, Financial Services $2.2M–$91M
Course Corrected
VC Fund
3 Sweden, United States, Finland Seed, Venture - Series Unknown, Pre-Seed Energy, Renewable Energy, Manufacturing $531k–$45M
Creades AB
VC Fund
3 Sweden, United States, Luxembourg Venture - Series Unknown, Seed, Series A Software, E-Commerce, Apps $1.4M–$100M
LocalGlobe
VC Fund
3 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$30M
Fairpoint Capital
VC Fund
3 Sweden, Norway, Denmark Series A, Venture - Series Unknown, Seed Software, Information Technology, SaaS $1.4M–$16M
SSE Business Lab
VC Fund
3 Sweden Pre-Seed, Seed Artificial Intelligence, Software, SaaS $641k–$2.3M
APX
VC Fund
3 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Artificial Intelligence $55k–$15M
Butterfly Ventures
VC Fund
3 Finland, Sweden, Norway Seed, Pre-Seed Software, Health Care, Information Technology $110k–$4.3M
LDV Capital
VC Fund
3 United States, Canada, United Kingdom Seed, Series A, Pre-Seed Artificial Intelligence, Software, Machine Learning $1M–$16M
Hadean Ventures
VC Fund
3 Sweden, Norway, Austria Series A, Series B, Venture - Series Unknown Biotechnology, Health Care, Medical $2M–$79M
Scale Capital
VC Fund
3 Denmark, Norway, Germany Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $1M–$14M
Redpoint
VC Fund
3 United States, China, Brazil Series A, Series B, Series C Software, Artificial Intelligence, Information Technology $5.5M–$192M
Wave Ventures
VC Fund
3 Finland, Sweden, Germany Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, Internet $183k–$4M
Soläng Invest
VC Fund
3 Sweden Seed, Grant, Series A Music, Apps, SaaS $307k–$3.6M
Access all 462 VC funds in Sweden Artificial intelligence startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Antler
VC Fund · Singapore, Central Region, Singapore · 34 investments in Sweden Artificial intelligence startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2387
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • Plouton AI —
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Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 26 investments in Sweden Artificial intelligence startups

We are a leading tech investor & venture builder in the Nordics. Taking deep tech from lab to market.WELCOMEINVESTMENTS

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Sweden, United States

Investor stats

  • Total investments: 282
  • Round size: Seed $237k–$2.3M; Pre-Seed $5.8k–$349k; Venture - Series Unknown $357k–$3.5M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Solinide Photonics — Solinide Photonics is a technological company spun out of Chalmers University of Technology. It develops ultra-efficient silicon nitride-based photonic circuits and microcomb technologies.
  • InfiniNode Technologies AB — InfiniNode is a semiconductor IP company that seeks to enable efficient data movement in future compute systems.
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 21 investments in Sweden Artificial intelligence startups

Almi Invest is Sweden’s most active early-stage venture capital firm, investing in scalable startups across Sustainability, Industry, Tech, and Life Science. We invest from pre-seed to Series A, always co-investing with independent private investors to accelerate innovation and long-term success. Our portfolio spans sustainable solutions, industrial innovation, deep tech, SaaS, and life science, supporting startups that drive economic and environmental progress. With €430 million under management and over 1,000 investments since 2009, we have backed leading companies like MIPS, Tobii, and Neo4j, with notable exits to Google, Apple, Microsoft, and Qlik. Beyond capital, we offer engaged ownership, providing strategic guidance, active board participation, and access to an extensive investor network. Almi Invest is part of the Almi Group and is funded by the European Regional Development Fund, Almi AB, and regional partners.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 552
  • Round size: Seed $226k–$2.2M; Venture - Series Unknown $326k–$3.5M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Indevex AB — Indevex is a science-based and privately owned biotech company from Sweden. A natural and reliable partner, providing evidence based natural nutrition concepts based on the patented NGC™ Formula.
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EQT Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 17 investments in Sweden Artificial intelligence startups, 14 in the past 12 months

EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totaling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than just capital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but on bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totaling €660 million. EQT Ventures III launched in 2022, with commitments totaling €1.1 billion, making it the biggest European Venture Capital fund committed to early-stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris, and San Francisco, taking a locals-with-locals approach and supporting founders on the ground. Motherbrain, EQT Ventures' in-house-developed artificial intelligence (AI) platform, ensures the team has a data-driven approach and has driven more than $100 million in portfolio company investments.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Sweden, Germany, United States

Investor stats

  • Total investments: 303
  • Round size: Seed $2.5M–$14M; Series A $6M–$44M; Series B $15M–$100M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $1.1B in 2022

Portfolio highlights

  • Fly.io — Build fast. Run any code fearlessly.
  • Biolevate — Elevate human : Accelerating life sciences, empowering people
  • Flow Engineering — Flow is the agentic systems engineering platform for the companies building the physical world. Next-gen hardware teams use Flow as their default platform to design, build, and iterate on hardware faster without sacrificing engineering rigor. Today, thousands of engineers at companies including Rivian, Stoke Space, Joby, Astranis, and Radiant are building on Flow. Flow gives these teams a living system of record that connects requirements, CAD, simulation, code, and test. On top of this system of record, Flow's agents continuously analyze engineering changes, identify downstream impact, and verify requirements and test coverage — so work stays aligned across the tools engineers already use.
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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 12 investments in Sweden Artificial intelligence startups

Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 75
  • Round size: Seed $907k–$5.8M; Series A $1.7M–$11M; Venture - Series Unknown $1.4M–$9.6M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $94M in 2022

Portfolio highlights

  • Cachet — Adaptive insurance solutions for micromobility, car-sharing and gig work platforms in 16 countries. Feel in control of risk and handle claims in one system.
  • Velatir — Velatir helps you stay in control of AI decisions. With real-time monitoring, AI risk scoring, we make responsible, transparent AI easy.
  • Solace Care — Legacy planning and guided loss support in one digital platform, offered through insurers and employers across the Nordics and the Netherlands.
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J12
VC Fund · Stockholm, Stockholms Lan, Sweden · 11 investments in Sweden Artificial intelligence startups, 6 in the past 12 months

J12 is a thesis-driven venture capital firm partnering early with technical founders across Europe to build category-defining data and AI companies across infrastructure, tooling, and domain-specific applications

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 64
  • Round size: Seed $1.1M–$8M; Pre-Seed $974k–$4.1M; Series A $7M–$30M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Camphouse — Camphouse unifies media planning, budgets, activation and reporting in one platform, so advertisers and agencies plan with clarity and control.
  • Volve — Understand risk before you price, prove coverage before you submit, protect margin before you sign. AI that connects documents, drawings and BIM models.
  • IPercept — At IPercept we provide AI-based, hardware-enabled software solutions and services that can best be described as the fitness tracker for complex industrial machines. At the push of a button, you can learn about a machines’ health, down to micrometer changes for each critical component. You can get insights into what maintenance activities you shouldapply and when. You can monitor how the machines are operated, how to optimize their utilization and much more. All of this is achieved through a plug-n-play installation - for old machines as well as new. All securely provided without requiring access to any machine controllers or IT-systems. These services reduce maintenance costs, downtime and increase productivity - a solid ROI for our customers. In 5 years, most complex industrial machinery sold in the world will be supported by our technology.
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Propel Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 9 investments in Sweden Artificial intelligence startups

Founded in 2014, Propel Capital has invested in over 170+ Sting startups. Offering generous investments to early-stage tech companies.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Convertible Note, Pre-Seed, Seed
  • Geography: Sweden, United States, Norway

Investor stats

  • Total investments: 173
  • Round size: Seed $24k–$615k; Pre-Seed $34k–$580k; Convertible Note $34k–$55k
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $3M in 2022

Portfolio highlights

  • Mother — Mother is a deep-tech mental health company that aims to fill the niche between conventional health services and self-help approaches.
  • Seaqure Labs AB — Seaqure Labs is a biotech startup utilizing mycoproteins as the solution for current unsustainable methods within aquaculture. Grounded in the fundamental principles of the circular economy, the technology empowers us to manufacture sustainable, economically viable ingredients, great for the planet and great for fish.
  • Freya Industries — Freya Industries builds the intelligence layer for physical security: connected sensors and the platform that turns what they capture into actionable insights
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 9 investments in Sweden Artificial intelligence startups

Industrifonden is a Nordic evergreen venture capital firm with a fund size of $600m, that focuses on early-stage technology and life science companies with international potential. The company works long term with the entrepreneurs we invest in, and have a strong track record of building game changing companies. Industrifonden-backed companies include tech companies Qlik, Arcam, Soundtrack Your Brand, Fishbrain, and life science companies CellaVision, Oncopeptides and AMRA.

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Investment focus

  • Industry: Biotechnology, Software, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: Sweden, United States, Denmark

Investor stats

  • Total investments: 205
  • Round size: Series A $3.3M–$21M; Venture - Series Unknown $2.5M–$20M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • Fibbl — Enhance your e-commerce store with high-quality 3D product visualization for footwear. Scale 3D, AR, and virtual try-on experiences to boost engagement and conversions.
  • Fishbrain — Join over 14 million anglers using Fishbrain. Fishbrain is the world's #1 fishing app for finding fishing spots, forecasts, socializing, logging catches & more. Fish smarter with Fishbrain.
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden · 9 investments in Sweden Artificial intelligence startups, 22 in the past 12 months

We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Sweden, United States, Germany

Investor stats

  • Total investments: 326
  • Round size: Seed $1.8M–$19M; Series A $5.3M–$35M; Series B $10M–$80M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $545M in 2024

Portfolio highlights

  • Procuros — More and more sales teams struggle with supplier portals. We help you integrate digitally with common supplier portals and consolidate all order documents.
  • Causa Prima — Causa Prima develops software to help finance teams handle both sides of every transaction on one network. The company's AI agents handle invoicing, disputes, and discounts on behalf of clients. It provides a network for the financial operations of businesses.
  • Scarlet — Scarlet certifies software medical devices. We’re Europe's only Notified Body specialised in software and AI, and have crafted a certification process that is built for software, and is thus significantly more efficient.This is how we deliver on our mission to hasten the world’s transition to accessible healthcare: by enabling manufacturersto release their medical software and AI to those who need it without unnecessary delays.We are designated as a UK Approved Body by the MHRA, and an EU Notified Body by the Dutch Ministry of Health and the European Commission.
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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 9 investments in Sweden Artificial intelligence startups

Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 70
  • Round size: Seed $960k–$5.4M; Pre-Seed $420k–$4M; Series A $8.3M–$21M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $69M in 2023

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Ivy Interactive — Ivy is the the AI-first open source .NET framework that helps developers build powerful internal tools faster without reinventing the wheel.Ivy is an open-source tool that makes it incredibly easy to create and deploy .NET applications, powered by AI. Start building smarter applications faster. AI powered .Net development. The ultimate toolkitfor building internal apps - App Generator Turn any database into full-featured backoffice applications in minutes with AI. - Database Generator - Design, build and deploy production quality databases models with AI. - Add Authentication - Ivy provides a variety of build in authentication providers to add sign in to your apps. - Dashboard Generator- Build and deploy dashboard in minutes. - One-Click Cloud Deploy - Deploy to Azure, AWS or GCP in seconds.
  • IPercept — At IPercept we provide AI-based, hardware-enabled software solutions and services that can best be described as the fitness tracker for complex industrial machines. At the push of a button, you can learn about a machines’ health, down to micrometer changes for each critical component. You can get insights into what maintenance activities you shouldapply and when. You can monitor how the machines are operated, how to optimize their utilization and much more. All of this is achieved through a plug-n-play installation - for old machines as well as new. All securely provided without requiring access to any machine controllers or IT-systems. These services reduce maintenance costs, downtime and increase productivity - a solid ROI for our customers. In 5 years, most complex industrial machinery sold in the world will be supported by our technology.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Inventure
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Sweden Artificial intelligence startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 180
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
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Wellstreet
VC Fund · Stockholm, Stockholms Lan, Sweden · 7 investments in Sweden Artificial intelligence startups

Wellstreet is an innovation and tech ecosystem that includes an investment company, a strategic consultancy firm and a venture building incubator.

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Investment focus

  • Industry: Software, E-Commerce, Retail
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, Finland

Investor stats

  • Total investments: 66
  • Round size: Seed $216k–$1.4M; Venture - Series Unknown $319k–$5M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $40M in 2022

Portfolio highlights

  • Deedster — Accelerate your business by connecting and engaging your audience and employees with sustainability data, insights, and actions.
  • Key Ward — Accelerate your engineering projects with data intelligence. Mitigate the risk of late stage failures in your AI adoption journey with our no-code platform.
  • Berget AI — EU-compliant inference service and AI infrastructure built by developers for developers.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Artificial intelligence startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 110
  • Round size: Seed $893k–$14M; Series A $4.4M–$52M; Venture - Series Unknown $1.1M–$156M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $346M in 2024

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
  • Sava Technology — SAVA is reinventing health monitoring with a novel biosensing platform enabling real-time, affordable, and painless molecular monitoring.
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Ampli Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Artificial intelligence startups

SaaS focused investors, investing in seed and series A in the Nordics.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 10
  • Round size: Seed $2M–$3.4M; Pre-Seed $641k–$1.7M; Series A $6.8M–$21M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $28M in 2022

Portfolio highlights

  • Noru — Noru automates GDPR Article 30 data discovery and compliance controls, giving enterprises continuous, verifiable proof of their privacy and security posture.
  • Kovant — AI for self-driving supply chain. Kovant coordinates the work across your supply chain and keeps every agent working from the same context.
  • Spiich Labs — AI for revenue teams that win on relationships. Spiich preps your meetings, updates your CRM and drafts follow-ups. Reps save 9+ hours every week.
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Northzone
VC Fund · London, England, United Kingdom · 6 investments in Sweden Artificial intelligence startups

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: United States, Sweden, United Kingdom

Investor stats

  • Total investments: 369
  • Round size: Seed $2.5M–$23M; Series A $4.5M–$32M; Series B $7.4M–$100M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.1B in 2022

Portfolio highlights

  • Duvo — Duvo brings your people, AI agents and existing systems together to map, run and improve your processes, with decisions, exceptions and results in one place.
  • Rayon — Built for Speed. Designed for Teams.
  • SolveAI —
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 5 investments in Sweden Artificial intelligence startups, 17 in the past 12 months

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 135
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $750k–$4.3M; Series A $6.1M–$65M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models. Its services include GPU instances, instant clusters, serverless containers, managed storage, and other cloud infrastructure powered by NVIDIA hardware. Verda also operates an AI Lab focused on large-scale training, inference optimization, reinforcement learning, and AI systems engineering. Its platform serves AI developers and organizations across the full AI lifecycle, from prototyping to scalable inference.
  • Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.
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KTH Holding
VC Fund · Stockholm, Stockholms Lan, Sweden · 5 investments in Sweden Artificial intelligence startups

KTH Holding is a state-owned limited company managed by KTH's University Board. It invests in promising startup companies that are based on research or teaching at KTH, with the aim of supporting commercialization and making it easier for new science to benefit society.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 50
  • Round size: Seed $55k–$5.5M; Pre-Seed $23k–$27k; Venture - Series Unknown $1.1M–$1.6M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • porkchop — In-space logistics for SmallSats in Low Earth Orbit and beyond.
  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Sweet Studio
VC Fund · Stockholm, Stockholms Lan, Sweden · 5 investments in Sweden Artificial intelligence startups

We co-found companies, dedicating our in-house team of designers, developers, and marketers to bring ideas to life. With every venture we co-found, our mission is to advance the consumer experience across industries with world-class technology, data-informed design, and lots of heart. Are you an entrepreneur who shares our mission?

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Investment focus

  • Industry: iOS, Apps, Audio
  • Stage:Pre-Seed, Venture - Series Unknown, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $172k–$400k; Venture - Series Unknown $106k–$3.8M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Koo! — Koo! is an audio based social networking service that let users record and listen to 1-minute audio clips called Koos.
  • Alex Therapeutics — The Alex DTx Platform enables partners within pharma and health care to effectively and reliably launch new DTx treatments by leveraging existing insights, modules, processes and data.
  • Stride Leadership — Stride is the revolutionary leadership product built to help become a confident leader. For too long, we’ve been taught that leadership is an elite act that’s linked to your job title. Now you hold leadership development in your hand, regardless of your age, job title, or seniority.With Stride, you’ll learn what it truly means to lead, and how todo it. We’ll bust common myths and you’ll discover which style of leadership is the best fit for you. Designed by leadership and design experts, Stride will help you learn the mindset required, the basics of leadership, and techniques for dealing with inevitable challenges. Whether you’re new to leadership or you’re a seasoned professional you’ll love learning and forming new habits with Stride.
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NordicNinja VC
VC Fund · Helsinki, Southern Finland, Finland · 5 investments in Sweden Artificial intelligence startups

NordicNinja VC invests in startups in the Nordic-Baltic region.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Series A, Series B, Seed
  • Geography: Sweden, Finland, Estonia

Investor stats

  • Total investments: 56
  • Round size: Seed $1.9M–$12M; Series A $5M–$30M; Series B $15M–$62M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • LiveEO — LiveEO is the leading solution provider for AI-powered satellite-based monitoring of large infrastructure networks. Trusted worldwide.
  • RedpineAI — Your agent reads the whole paper, not just the abstract. Licensed peer-reviewed full text in medicine, chemistry, and materials science, behind one endpoint.
  • CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
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Neudi & Co
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 4 investments in Sweden Artificial intelligence startups

Ernström & Co is a family-owned investment company in the fourth generation of the Hobohm-Hielte family.

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Investment focus

  • Industry: Software, Analytics, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, The Netherlands

Investor stats

  • Total investments: 7
  • Round size: Seed $1.4M–$6.8M; Series A $24M–$24M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Kognic — Kognic provides the only software available in the market tailored to measure and improve perception performance for autonomous mobility.
  • Kognic — Annotell provides a platform that makes creating high quality training data for supervised machine learning a radically smoother process.
  • Exeger — We invent, engineer, and provide world-changing technologies to improve everyday life.
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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Sweden Artificial intelligence startups

Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start, build or join strong tech companies. With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Finland, Sweden, Estonia

Investor stats

  • Total investments: 144
  • Round size: Seed $409k–$5.4M; Pre-Seed $110k–$1.3M; Series A $3.1M–$25M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $24M in 2021

Portfolio highlights

  • Cachet — Adaptive insurance solutions for micromobility, car-sharing and gig work platforms in 16 countries. Feel in control of risk and handle claims in one system.
  • Oplane — Connect your repo. See and fix your vulnerabilities in minutes. AI-powered threat modeling - no consultants, no weeks of docs.
  • Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.
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Stena Sessan
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Artificial intelligence startups

Stena Sessan is an investment company that focuses on businesses with the potential to develop and grow. The company's investment strategy is built on flexibility and a long-term investment horizon. It invests in strong businesses with great potential, where, through an active co-ownership, they help to develop businesses that can address theneeds and challenges that the future holds.ne of Stena Sessan’s most significant investments was a 21 percent ownership stake in Swedish pharmaceutical company, Meda, which was sold to US pharmaceutical company Mylan in August 2016 through a public takeover bid. At the time of the sale, Stena Sessan had been one of the company’s main owners for 18 years, and the deal was the second-largest sale of a company listed on the Stockholm Stock Exchange to date.In recent years, Stena Sessan has invested in Scandic Hotels, the largest hotel operator in the Nordic region. Stena Sessan is the largest shareholder in the company, with a 20% ownership stake.Stena Sessan was founded in 1981.

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Investment focus

  • Industry: Software, Analytics, SaaS
  • Stage:Series C, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 20
  • Round size: Series A $24M–$105M; Series C $63M–$160M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • VOI Technology — Voi is a micromobility company operating e-bikes and e-scooters in 150+ cities. EBIT-profitable since 2024.
  • Exeger — We invent, engineer, and provide world-changing technologies to improve everyday life.
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Subvenio Invest
VC Fund · 4 investments in Sweden Artificial intelligence startups

Subvenio Invest

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Investment focus

  • Industry: Software, Information Technology, CMS
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 9
  • Round size: Seed $1.2M–$4.2M; Venture - Series Unknown $4M–$4.2M
  • Lead/follow: 89% lead, 11% follow

Portfolio highlights

  • Gridly — Gridly is a cloud-based AI-powered content management online platform tailor-made for games and digital products. By connecting development, design, and localization teams and their tools, Gridly serves as a single source for effective content management. Thanks to flexible content modelling, granular access and version control, Gridly improvescollaboration and streamlines content management and localization for your games or apps.
  • Arkion — Skyqraft is a visual data analytics provider helping businesses in the linear infrastructure sector make better decisions about their grid. Today, Skyqraft is a trusted partner of some of the most influential and forward looking critical infrastructure organizations in Europe and North America.
  • BoardClic — BoardClic specializes in board evaluation, CEO evaluation, management evaluation, vertical alignment and corporate governance services.
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Norrsken Evolve
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Artificial intelligence startups, 13 in the past 12 months

Norrsken Evolve is a pre-seed fund that supports the founders who are creating the future of Europe by offering funding,a top-notch in-person sprint, and an exceptional network.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Non-Equity Assistance
  • Geography: Sweden, France, United States

Investor stats

  • Total investments: 50
  • Round size: Seed $1M–$5.8M; Pre-Seed $125k–$2M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fresh fund, raised $67M in 2025

Portfolio highlights

  • Volve — Understand risk before you price, prove coverage before you submit, protect margin before you sign. AI that connects documents, drawings and BIM models.
  • Motion — Motion provides a Humanoids-as-a-Service platform that supports the deployment and operation of humanoid robots across industrial, warehouse, and logistics environments. The platform enables businesses to select and deploy OEM-agnostic humanoid robots based on operational requirements. It manages data collection, task-specific robot training, ITintegration, fleet management, financing, insurance, compliance, and maintenance through a subscription-based model. Motion also supports the integration of humanoid robots into existing workflows and operational systems. Its services cover the lifecycle of deployed robotic fleets, from robot selection and initial configuration to ongoing management and maintenance. The platform is designed to help organizations manage robotic automation without being tied to a single robot manufacturer.
  • Matter Machine — Matter Machine is an AI-driven materials discovery company that creates technologies that use materials chemistry, machine learning, and automated experimentation to speed up the discovery and optimization of next-generation materials.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 4 investments in Sweden Artificial intelligence startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile. The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio, Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 312
  • Round size: Seed $900k–$7.5M; Series A $3.1M–$24M; Series B $9M–$62M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Procuros — More and more sales teams struggle with supplier portals. We help you integrate digitally with common supplier portals and consolidate all order documents.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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Benchmark
VC Fund · San Francisco, California, United States · 4 investments in Sweden Artificial intelligence startups

Benchmark invests in and works alongside entrepreneurs building startups into transformational companies. They focus on early-stage venture investing in mobile, marketplaces, social, and infrastructure and enterprise software. Founded in 1995, the firm has offices in Woodside and San Francisco, California. The firm has been recognized for its commitment to open source and is noted for creating the first equal ownership and compensation structure for its partners. The five equal general partners who take board seats and a hands-on approach to every entrepreneur and company they back, with no junior investment staff. Current general partners are Chetan Puttagunta, Sarah Tavel, Victor Lazarte, Peter Fenton, and Eric Vishria. Benchmark has had 37 exits since beginning of 2011; 14 IPOs and 23 M&As representing a total market value of more than $60 billion. Benchmark’s current portfolio of early-stage venture investments includes private market leaders such as Uber, Snapchat, Tinder, Stitch Fix, Elastic and Cyanogen; recent IPOs and acquisitions such as Twitter, Instagram, Yelp, League of Legends, Jasper, OpenTable, New Relic, Hortonworks, Amplitude, Confluent, GrubHub, Zendesk and Zillow; and franchise companies from Juniper to eBay to Red Hat.

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Investment focus

  • Industry: Software, Enterprise Software, SaaS
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, Israel

Investor stats

  • Total investments: 580
  • Round size: Series A $4.1M–$32M; Series B $7.3M–$80M; Series C $9.3M–$100M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Klip — Klip's newly launched free app allows users to capture, share, discover and view mobile videos. While many mobile video apps focus on the capture, editing and sharing of videos, Klip's focus is on the discovery and providing the highest quality video streaming around for mobile device.
  • Gaikai — Gaikai (Gaikai Inc.) is a next generation video game technology company acquired by Sony Computer Entertainment (SCE) in 2012. Gaikai is powering SCE video game streaming services including Remote Play (between the PlayStation 4 and PlayStation Vita) and an upcoming cloud-based game streaming service (PlayStation Now).Gaikai is driven by asimple mission: make as many games available to as many people on as many devices as possible, easily and instantly.
  • Meteor Entertainment — Meteor Entertainment engages in developing and publishing video games. The company was incorporated in 2011 and is based in Seattle, Washington.
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Investment AB Spiltan
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Artificial intelligence startups

Investment AB Spiltan is a Swedish venture capital and private equity firm. The company, which is based in Stockholm, provides multi stage financing to businesses based within Sweden. The company will invest between SEK1 million ($125,000) and SEK10 million ($1.25 million), with a preferred investment amount of SEK2 million to SEK4 million($240,000 to $490,000). Potential portfolio companies may come from any sector of industry, as it is more important that the business is a viable investment opportunity. Also important is that the management team is committed and has a strong track record. Businesses will be able to leverage the extensive network of angels and other relevant professionals who can contribute expertise for the development of the portfolio company. AB Spiltan will invest roughly 60% of its capital in private companies and the remaining 40% in firms that have already been listed. Private portfolios will need to demonstrate that there will be realistic opportunity for Spiltan to exit within three to five years. Most of the investments in public companies are done through affiliates such as Health Cap and Procuritas.

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Investment focus

  • Industry: Software, Artificial Intelligence, Apps
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Sweden, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $678k–$1.8M; Series A $1.3M–$12M; Venture - Series Unknown $604k–$5.7M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Besedo — Discover how our content moderation platform combines AI and human expertise to create a safer and more positive internet. Protect your platform and users from harmful or inappropriate content.
  • Amanda AI — Our truly autonomous advertising robot is ready to optimize your digital marketing far beyond what any human can do.
  • United Robots — Automated content for newsrooms generated from data and delivered ready for publication. We develop and support, you publish. Reliability and consistency.
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Yanno Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Yanno Capital supports entrepreneurs with clear visions for long-term customer value, providing funding, leadership experience, and network for portfolio companies to maximize success opportunities.

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Investment focus

  • Industry: Apps, Big Data, Internet
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Quartr — Download the Quartr app to access investor calls/presentations, earnings reports, slide decks and transcripts without friction (and for free!)
  • Grasp — Grasp is the world's first AI analyst for finance professionals. Our AI analyst automates company and market research for investment banks, private equity firms, and management consulting firms across the world.
  • Lab One — SaaS, Consumer, B2B, Education
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Gate
VC Fund · Panama City, Panama, Panama · 3 investments in Sweden Artificial intelligence startups

https://t.co/Rf4ibjdoXK | Top 3 | 13+Yrs | 60M+ Users | 5,000+ Cryptos | 12,800+ Stocks & CFDs | Sponsor of @redbullracing | Telegram: https://t.co/U3jSAiiSOR

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 71
  • Round size: Seed $1.2M–$10M; Series A $2.4M–$20M; Venture - Series Unknown $2M–$12M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Vangrid — Vangrid operates as a decentralized physical infrastructure network.
  • RateX — Universal Structured Leverage Layer. Building RateX v2 (Mooncake) @mooncake_fi
  • Cork Protocol — Cork's new DeFi primitive, Depeg Swaps allows investors to hedge and trade the risk of their pegged asset (LST/LRTs, Stablecoins, RWAs).
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VEQ
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

VEQ invests in early-stage tech companies with good ideas, and with good ideas, we mean ideas that also leave some kind of positive impact.

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Investment focus

  • Industry: Marketplace, Drones, Energy
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $586k–$1.9M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • Cleean — Cleean is a Swedish drone-cleaning company that uses drones to wash facades, roofs, windows, solar panels, and other hard-to-reach building surfaces safely and efficiently. It is based in Stockholm and positions itself as a more cost-effective and safer alternative to scaffolding, lifts, and rope-access cleaning.
  • Norban — Norban is a tech enabled real estate company. The company has created a new and better way to buy and sell homes. It enables all homeowners to digitally join their own marketplace, Pre-Market™, and sell if they get the right offer from the right buyer. All transactions are facilitated by Norban's own technology-empowered brokers who take careof every single aspect of the transaction. Selling your home on the Pre-Market™ comes with a 0 SEK commission for the seller. Norban combines new technology with a full-scale brokerage service to offer a better experience for anyone who will buy or sell a home. It was founded in 2019 and is based in Malmö, Skane Lan, Sweden.
  • Nrlyze — Nrlyze is an energy management firm that analyzes, identifies, and corrects the heating systems in buildings.
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DHS Venture Partners
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

DHS Ventures, Stockholm School of Economics alumni angel investing network that invests early on into inovative companies.

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Investment focus

  • Industry: Software, SaaS, Big Data
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 25
  • Round size: Seed $180k–$1.8M; Pre-Seed $400k–$1.5M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Noru — A living record of processing activities that maintains itself by reading your systems, not by asking around.
  • Normain — The Extractional AI Platform
  • Forecasterly — Forecasterly is a SaaS company that provides an AI-powered platform for financial planning and analysis (FP&A).
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Bonit Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Bonit Capital is a Swedish family-owned investment company. We invest across sectors and asset classes, including social investments and outcome models.Venture Capital - We invest in ambitious founders within the life science sector. We take an active ownership approach by providing capital, industry expertise and access to an internationalnetwork. Our focus areas are digital health, medical technology and diagnostics.Private Equity - We invest in entrepreneurial teams with deep sector expertise and unique market access, primarily in the lower to mid-market buyout segment, with the aim to produce superior returns and meaningful portfolio diversification.Listed Equity - Our strategy is to obtain a broad market exposure through mainly external mandates, and to seek superior returns in individual shares primarily in life science. Among Bonit's main holdings are the world-leading medtech company Elekta AB, founded by Laurent Leksell.Leksell Social Ventures - LSV is the first impact investor in Sweden with a focus on outcome models and direct investments in the areas of mental health, education and social integration. Striving for systemic change, LSV contributes to social innovation and societal development by giving social entrepreneurs and social ideas the necessary prerequisites to develop and progress – through financing, idea development and networking with private, public and nonprofit actors.

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Investment focus

  • Industry: Health Care, Medical, Apps
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, United States, Germany

Investor stats

  • Total investments: 13
  • Round size: Seed $1.8M–$4.2M; Venture - Series Unknown $1.1M–$5.1M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Vården.se — Vården.se is Sweden's largest private search service in healthcare and health .
  • Bentley — Bentley engages in the development, manufacturing for minimal-invasive treatments of vascular diseases.
  • Alex Therapeutics — The Alex DTx Platform enables partners within pharma and health care to effectively and reliably launch new DTx treatments by leveraging existing insights, modules, processes and data.
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Inbox Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Inbox Capital is a privately held investment company based in Stockholm, mainly focusing on disruptive and fast growing tech companies.

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Sweden, Finland, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $1.2M–$5.9M; Series A $2.1M–$11M; Venture - Series Unknown $1.4M–$20M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Billogram — Since its start in 2011, Billogram has revitalized the outdated invoicing process by offering companies with recurring payments an intelligent digital platform. Using smart technology, we help companies strengthen their customer relations while also automating payment processes in a way that lowers costs, increases revenue, and reduces churn. Theresult is a payment that pays off for everyone.
  • Carla — Carla creates the most convenient, transparent, and simple online platform for purchasing or leasing an electric car.
  • Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
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node.vc
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

node.vc is an early-stage venture capital fund investing in groundbreaking technology start-ups. We invest in transformative shifts enabled by business innovation, and powered by breakthrough technologies.

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Investment focus

  • Industry: Information Technology, Internet, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Denmark, Norway

Investor stats

  • Total investments: 14
  • Round size: Seed $1M–$8M; Pre-Seed $412k–$1.6M
  • Lead/follow: 79% lead, 21% follow
  • Last fund: Likely still investing — raised $82M in 2024

Portfolio highlights

  • RedpineAI — Your agent reads the whole paper, not just the abstract. Licensed peer-reviewed full text in medicine, chemistry, and materials science, behind one endpoint.
  • Vaja — Vaja is on a mission to accelerate the transition to a net-zero world via disruptive innovations for solar farms.
  • Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.
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Andreessen Horowitz
VC Fund · Menlo Park, California, United States · 3 investments in Sweden Artificial intelligence startups

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, investing in bold founders, innovators, and entrepreneurs building the future through technology.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 2147
  • Round size: Seed $1.5M–$16M; Series A $9M–$55M; Series B $17M–$120M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely actively investing — fresh fund, raised $1.2B in 2026

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Stoïk — Stoïk is a cyber insurance company that integrates cybersecurity software with insurance protection, helping businesses manage their cyber risks effectively. Stoïk empowers brokers by offering clients comprehensive insurance policies and protection against cyber risks. Its mission is to equip brokers with the tools to help their clients insure andsafeguard against cyber threats.Stoïk's unique product simplifies the underwriting process using automated tests, replacing traditional questionnaires. It also provides continuous risk prevention through integrated cybersecurity tools and ensures swift, effective incident response with an in-house team of crisis management experts.
  • Phota Labs — Phota for iOS is coming soon. Phota Studio and the Phota API keep the same person consistent across AI images and video on any model.
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Acequia Capital (AceCap)
VC Fund · Seattle, Washington, United States · 3 investments in Sweden Artificial intelligence startups

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 422
  • Round size: Seed $1M–$7.6M; Pre-Seed $500k–$3.3M; Series A $3.3M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9M in 2026

Portfolio highlights

  • Trimagnetix — Pioneering advanced magnetic technologies for medical, industrial, and consumer applications.
  • Devplan — Devplan finds customer demand in calls, tickets and your CRM, writes specs your agents can build, and tracks every project and risk automatically.
  • Applied Atomics, Inc. — Co-located nuclear power plants to unlock the next 1,000 years of advanced industry.
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Lakestar
VC Fund · Zürich, Zurich, Switzerland · 3 investments in Sweden Artificial intelligence startups, 25 in the past 12 months

Lakestar invests in founders and technologies shaping Europe's future, helping build resilience, sovereignty, and long-term growth in a changing world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 252
  • Round size: Seed $2.2M–$19M; Series A $6.7M–$65M; Series B $17M–$91M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely actively investing — fresh fund, raised $300M in 2026

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Modulate — Modulate uses revolutionary machine learning to proactively detect and escalate toxic behavior in your game. ToxMod becomes an expert in your code of conduct and empowers your moderators to make the right decisions to protect your community from the worst behavior happening in voice chat in real time.
  • Twin1 AI — Twin1 is a privacy-first platform that gives every professional an AI-powered digital twin to scale their expertise.
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Course Corrected
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

An early-stage venture capital fund backing climate tech companies with potential to become the leading businesses of tomorrow. Representing potentially one of the greatest investment opportunities of our lifetime - we invest in visionary entrepreneurs disrupting traditional industries and delivering exceptional growth as the world transitions to a low-carbon economy. Together with the most visionary and passionate entrepreneurs, Course Corrected wants to be part of solving one of our planet's most pressing challenges – battling climate change.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Sweden, United States, Finland

Investor stats

  • Total investments: 30
  • Round size: Seed $705k–$9.1M; Pre-Seed $531k–$8.2M; Venture - Series Unknown $6.4M–$45M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fresh fund, raised $66M in 2024

Portfolio highlights

  • Tavion — Critical energy storage infrastructure for a sustainable future.
  • Holyvolt — Our mission is to provide the world with high-efficiency renewable energy solutions at an affordable cost and with minimal environmental impact.
  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
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Creades AB
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Creades is an investment company investing in businesses that have the potential for revaluation and value creation. Creade's business concept is to provide a good risk-adjusted return to its shareholders by investing in businesses where Creades can act as an engaged owner, primarily in small and medium-listed and unlisted Swedish companies. The firm is a spin-off from Investment AB Öresund.

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Investment focus

  • Industry: Software, E-Commerce, Apps
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Sweden, United States, Luxembourg

Investor stats

  • Total investments: 33
  • Round size: Seed $2.9M–$6.3M; Series A $2.1M–$91M; Venture - Series Unknown $1.4M–$100M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Aira — Aira operates as a clean energy-tech company.
  • Nordic Knots — Nordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners.
  • Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
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LocalGlobe
VC Fund · London, England, United Kingdom · 3 investments in Sweden Artificial intelligence startups, 29 in the past 12 months

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 443
  • Round size: Seed $1.5M–$12M; Pre-Seed $1M–$5.1M; Series A $4M–$30M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • Noah — API-first stablecoin payments, enterprise-grade compliance and real-time settlements, powered by stablecoin technology.
  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Maven Robotics — Maven Robotics is building the world's leading general purpose AI robots.
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Fairpoint Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Fairpoint Capital is a B2B technology investment fund sprung out of the technology team of SEB Venture Capital. The fund is independent from SEB but the bank remains its main investor. Other investors are institutions with a close relationship to the bank. We thus leverage on more than two decades of technology venture capital investments and exitsin well over 50 technology companies. Exits include companies like Tail-f Systems, Donya Labs, Kreatel, Bluetail, Diakrit and Coresonic. Trade buyers include Microsoft, Cisco, Mediatek, Telia, Intel, NewsCorp and CGI.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, Denmark

Investor stats

  • Total investments: 29
  • Round size: Seed $1.4M–$7.8M; Series A $2.1M–$16M; Venture - Series Unknown $2.7M–$8.8M
  • Lead/follow: 69% lead, 31% follow

Portfolio highlights

  • Camphouse — Camphouse unifies media planning, budgets, activation and reporting in one platform, so advertisers and agencies plan with clarity and control.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
  • ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
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SSE Business Lab
VC Fund · 3 investments in Sweden Artificial intelligence startups

SSE Business Lab is the startup incubator of the Stockholm School of Economics.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $641k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Noru — Noru automates GDPR Article 30 data discovery and compliance controls, giving enterprises continuous, verifiable proof of their privacy and security posture.
  • Dentio — Dentio assists with dental journal documentation drafting using AI. Save time on documentation and focus on patient care. GDPR compliant.
  • Brickanta — Brickanta is the agentic AI platform for construction. Hundreds of AI agents handle bidding, procurement, compliance and quality assurance in every project.
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APX
VC Fund · Berlin, Berlin, Germany · 3 investments in Sweden Artificial intelligence startups

APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 211
  • Round size: Seed $1M–$5M; Pre-Seed $55k–$1.4M; Series A $2.1M–$15M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $67M in 2021

Portfolio highlights

  • VisioLab — Instantly scan products for self-checkout, using the iPad camera - no barcodes needed. Designed for speed, simplicity and human centricity.
  • Bloom — Bloom is the everything app to make onchain finance social. Copy trades and bets, build performance-based reputation, earn from your influence, and manage everything through a smart wallet.
  • Track Titan — Titan Academy revolutionises how gamers improve through fully automated coaching.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 3 investments in Sweden Artificial intelligence startups

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 91
  • Round size: Seed $224k–$2.2M; Pre-Seed $110k–$4.3M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $49M in 2022

Portfolio highlights

  • DREV — DREV is a cleantech company manufacturing contamination control solutions for the world’s most advanced manufacturing facilities.
  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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LDV Capital
VC Fund · New York, New York, United States · 3 investments in Sweden Artificial intelligence startups

LDV Capital invests in deep technical teams building visual technology businesses that leverage computer vision, machine learning and artificial intelligence.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 73
  • Round size: Seed $1.5M–$8M; Pre-Seed $1M–$3M; Series A $6.8M–$16M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $31M in 2024

Portfolio highlights

  • VitVio — VitVio is a platform built around AI and computer vision with the goal of improving efficiency and quality of care in operating rooms.
  • Tensorevo LLC — TensorEvo provides an end-to-end platform for automated visual inspection. They ingest multi-source image/video data, streamline annotation with active learning and synthetic data, and train optimized CV models. One-click deploy to edge or cloud with real-time monitoring, 99.9% uptime SLA. Trusted by 500+ enterprises and used to process 10M+images.
  • Arcturus — Experience sports like never before.
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Hadean Ventures
VC Fund · Oslo, Oslo, Norway · 3 investments in Sweden Artificial intelligence startups

Hadean Ventures is a life science fund manager that invests in life science companies across europe with a particular focus on the nordic region. The funds are backed by leading private and institutional investors. Hadean Ventures has offices in oslo and stockholm and collaborates with world-class academic institutions and start-up hubs across the region

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Sweden, Norway, Austria

Investor stats

  • Total investments: 36
  • Round size: Series A $4.2M–$79M; Series B $4.5M–$75M; Venture - Series Unknown $2M–$29M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $168M in 2021

Portfolio highlights

  • Oncoinvent — Oncoinvent AS designs and develops cancer treatments by applying known physical and chemical principles of selected novel materials in new ways in order to maximize their medical benefit while minimizing potential safety concerns.
  • Kasvu Therapeutics — Kasvu develops first and best-in-class small molecule neuroplastogens for diseases where neuronal connectivity is altered
  • TargED Biopharmaceuticals — TargED Biopharmaceuticals is a biotechnology company that develops first-in-class biological drugs to improve treatment of thrombosis.TargED stands for Targeted Enzyme Delivery. Their biological drugs are unique by using small antibodies (“VhH”) to deliver enzymes to sites of thrombosis, enabling ‘targeted’ thrombolysis.
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Scale Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Sweden Artificial intelligence startups

Scale Capital is an early-stage technology investor, helping Nordic, B2B, and tech founder teams scale and win in the US market.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, Norway, Germany

Investor stats

  • Total investments: 30
  • Round size: Seed $1M–$14M; Venture - Series Unknown $1.4M–$6.1M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • Sonair — Sonair is building ADAR, the world's first safety-certified 3D sensor for human-robot collaboration. The commercial product is available now. Reach out for a demo.
  • Pandektes — Search, verify, and rely on the law. Pandektes vast database combined with industry-leading search means more firepower in every legal analysis.
  • INLEAP Photonics — INLEAP Photonics develops ultra-fast, high-precision laser system technology for secure drone defence and highly efficient industrial processes.
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Redpoint
VC Fund · Menlo Park, California, United States · 3 investments in Sweden Artificial intelligence startups

Redpoint partners with visionary entrepreneurs to create new markets & redefine existing ones. We invest in startups across seed, early & growth phases.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, Brazil

Investor stats

  • Total investments: 817
  • Round size: Series A $5.5M–$42M; Series B $10M–$100M; Series C $14M–$192M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fresh fund, raised $51M in 2026

Portfolio highlights

  • Datameer — Datameer is the most complete and powerful Low Code analytic solution designed to meet the needs of Snowflake users who want to transform, analyze, and automate data quickly, accurately, and efficiently.
  • true[X] — true[x] is a next-gen digital ad-tech company that powers engagement advertising for some of the world's top brands. In today's online landscape where consumer attention is hard to capture, true[x]'s interactive ads deliver better results through deeper engagement by delivering an improved consumer experience and more powerful brandinteraction. As a pioneer and recognized leader in engagement marketing, true[x] enables advertisers to reach consumers where they are most passionately engaged across the web and mobile, including social, social gaming, content, music, video, Wi-Fi, travel and sports. true[x] combines the power of an extensive network of premium online and mobile partners, a large, 750x500 rich media ad unit and innovative new placements such as value exchange and interstitials to deliver proven results for brands and marketers. This combination is one of the most powerful in digital advertising, driving industry leading results such as five to 10 times the engagement of display, 60 seconds time spent, 80 percent-plus completion rates and more than 15 percent lift in key brand metrics such as consideration and purchase intent.true[x] is backed by Redpoint Ventures, Jafco Ventures, and Pinnacle Ventures and is headquartered in Los Angeles, Calif. with offices in New York, Chicago, Atlanta and London.
  • TastingRoom.com — Save on world class wines delivered to your door with Firstleaf's wine club. Get started now and join the more than 1 million wine lovers who have found their perfect wines!
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Sweden Artificial intelligence startups

Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Finland, Sweden, Germany

Investor stats

  • Total investments: 40
  • Round size: Seed $329k–$2.1M; Pre-Seed $183k–$4M; Venture - Series Unknown $675k–$1M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely actively investing — fresh fund, raised $12M in 2026

Portfolio highlights

  • CYBRET AI — The New Era of Autonomous Cybersecurity
  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Solace Care — Legacy planning and guided loss support in one digital platform, offered through insurers and employers across the Nordics and the Netherlands.
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Soläng Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Artificial intelligence startups

Soläng Invest

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Investment focus

  • Industry: Music, Apps, SaaS
  • Stage:Seed, Grant, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $307k–$1M; Series A $3.5M–$3.6M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Fairlo — Fairlo is a financial services company.
  • MediCheck — MediCheck is a multi-market service providing people with a shortcut to medical specialists online. People with chronic health conditions, and their relatives get expert medical advice based on individual preferences and requirements, using video calls or messaging. Their network of medical experts use our full-service platform to plan, perform anddocument the meetings. Customers pay the medical experts for service, MediCheck earns a commission.
  • MIND Music Labs — When it comes to musical instruments, “Smart” experiences are today still very limited. Musicians need truly wireless, portable, upgradable and cloud-based solutions. 250M users (pro and amateurs musicians) spending about $17B a year and their audience are waiting for a revolution. We develop ELK MusicOS (the “Android” of musical instruments)enabling musical instruments vendors to make a new generation of “Smart Instruments” and we build around it an ecosystem of cloud services.
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Artificial Intelligence VC funding in Sweden at a glance

Stats across 503 deals from 462 investors.

462
investors
in Sweden Artificial intelligence startups
503
deals
in Sweden Artificial intelligence startups
$1.3M
median round
in Sweden Artificial intelligence startups
42%
lead investors
lead at least one round
27%
Seed
most common funding stage

Access all 462 VC funds in Sweden Artificial intelligence startups.

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