Top 50 B2B Startup Investors in Sweden (July 2026)

Portfolio highlights

• Rekonnect — Rekonnect offers combined product & user success features for MedTech companies to deliver post-market training, customer support & regulatory reporting
• Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.
• Southern Lights — Simplify the workflow of your green hydrogen projects with Southern Lights. Simulate, compare and assess your project viability with one single tool.

Portfolio highlights

• Amferia — Amferia develops innovative medical devices to provide solutions to the global antibiotic resistance crisis. Amferia’s core focus is preventive healthcare where the goal is to provide highly efficient anti-infective medical devices that can prevent bacterial infections including those caused by antibiotic resistant bacteria. Our dominant focus iswithin the wound care sector, producing preventive care wound patches for the pressing need to avoid antibiotic resistant skin infections. Amferia’s proprietary anti-infective technology is a result of several years of research from Chalmers University of Technology and is patent protected.
• Winningtemp — Improve your employee experience with Winningtemp's AI-powered software. Leverage real-time data and insights to improve engagement and reduce turnover.
• Sendify — Most small business owners would rather focus on their business than have to worry about shipping and logistics. Sadly, getting stuff from A to B is still one of their biggest expenses and sources of frustration. One explanation is that the shipping industry has prioritized high volume shippers, leaving small businesses with both complicatedsystems and unfair rates.We founded Sendify to level the playing field and empower ambitious businesses to ship smarter. With our digital platform, shippers of any size can access pre-negotiated solutions with world leading carriers, taking their supply chains into the future whilst saving an average of 20% on every shipment. Parcel or pallet, across the globe or around the corner, Sendify has you covered.Since our start in 2016, we’ve helped more than 15,000 small businesses around the world spend less time and money on shipping and more time on growing their business. This makes us known as *the* shipping and logistics solution for growing businesses in Sweden and Germany.

Portfolio highlights

• VALIDIO — Real-time data validation and data quality monitoring for modern data teams. Abstracting complexity away from data engineering.
• Camphouse — Mediatool is the all-in-one planning, execution, tracking and reporting tool for media and marketing campaigns. Increase productivity with streamlined delivery and better collaboration across all your marketing activities. Grow revenue with confidence, using real-time performance data to optimise investment.Hundreds of tangible benefits, onebetter way of working. Forget spreadsheets and get to know Mediatool.
• Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.

Portfolio highlights

• Digiexam — Lower cost of examination, fair and unbiased grading, and less administration, all possible with our robust and secure platform. Learn more on our website!
• Albacross — First-party Intent Data to understand your audience, uncover unseen prospects, and enrich every record to increase marketing & sales efficiency.
• Left or Right — Left or Right is a social decision app that helps its users make everyday decisions with confidence and ease. Left or Right is a fashionable tool for instant feedback. Users can get advice​ from friends and the Left or Right community, by publishing images in a poll. Users can also give advice and discover trends.

Portfolio highlights

• Nala — A new kind of mobile money transfer for Africans worldwide! Make safe, affordable, and reliable international payments to Kenya, Tanzania, and Uganda.
• Infra.Market — Various types of Building & Construction Materials Supplier in Mumbai, Thane, Navi Mumbai. Infra market is solution/retail store for all types building and construction supplies & Civil products .
• Eruditus Executive Education — Eruditus Executive Education offers the best executive education programmes from world's top Business Schools - Columbia, INSEAD, Harvard, MIT Sloan, Wharton and more.

Portfolio highlights

• Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.

Portfolio highlights

• FirstQFM — FirstQFM offers patent-pending AI foundation models for quantum computing.
• Insurely — Insurely is the leading open insurance platform. A platform that enables experiences that improve conversion and increase customer loyalty.
• 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.

Portfolio highlights

• Marifaa — Marifaa is a E-Learning Platform.
• Mhtaref — Connect with the best freelance talent in the MENA region on Mhtaref - the ultimate freelancing marketplace.
• Dukanji AB — Dukanji is an innovative B2B and B2C marketplace platform to connect East and West. to empower the traders around the globe and help them to trade with Europe."Dukanji" A is a global B2B platform that connects suppliers in Europe to the world. And helps manufacturers and suppliers around the world to find buyers in Europe. Dukanjioffers assisting in logistics, advisory and marketing services.Dukanji mission is to make it easy to do business anywhere. They do this by giving suppliers the tools necessary to reach a global audience for their products, and by helping buyers find products and suppliers quickly and efficiently.

Portfolio highlights

• P448 — The perfect synthesis of vintage and modern. Meticulous detailing and Made-in-Marche craftsmanship underscore the sense of luxury of each collection.
• COCO5 — Coco5 is the sports drink of choice in over 60 Professional and Collegiate locker rooms. Athletes at the highest level chose to drink Coco5 because of it's hydration benefits, naturally occurring electrolytes, and no artificial ingredients.
• Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.

Portfolio highlights

• Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
• Oplane — Oplane AB is a cybersecurity startup that develops an AI powered platform for automated threat modeling for software development teams.
• ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!

Portfolio highlights

• Apotekamo — Apotekamo is an online pharmacy marketplace, enabling traditional offline pharmacies an online sales channel with access to Apotekamo´s traffic.
• ProntoPiso — ProntoPiso offers real estate services that provide advise during the buying and selling of properties. The company's online platform accompanies and advises real estate transactions and advances the money from the sale of houses without cost, enabling clients to receive real estate transaction-related support and buy/sell properties withease.

Portfolio highlights

• Sapyen — We take the fear out of infertility for men. Test for it at home, without stepping out to the hospital and get personalised health recommendations to improve sperm health and increase your chances of conceiving.
• Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
• One Key Access — One Key Access is an interface to the world of couriers to enable 24/7 frictionless deliveries.

Portfolio highlights

• Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
• bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
• Again — SecondCircle makes carbon negative chemicals for a cleaner future. We are the first carbon negative chemical manufacturer that can scale to meet global demand. The best thing about it: we use carbon dioxide as a feedstock.

Portfolio highlights

• Ledyer — Ledyer is redefining how businesses buy from each other.B2B commerce has long lagged behind the effortless payment experiences of B2C. We believe that buying between companies should be just as smooth, secure, and instant, Without manual credit checks, invoice chaos, or payment risk.That’s why we built Ledyer: a B2B payments platform designedfor modern merchants, enabling businesses, associations, and public organizations to shop on invoice with the same simplicity as consumers.Ledyer automates the full payment journey — from order to settlement — handling identity, credit decisions, and risk. We integrate directly with e-commerce platforms, ERPs, and payment gateways, allowing merchants to offer flexible payment terms without added complexity.With real-time decisioning, automated reconciliation, and a built-in fraud-risk engine, Ledyer turns what used to be a slow, manual process into a competitive advantage.That’s why we built Ledyer. A B2B payments platform designed for modern merchants, enabling businesses, associations, and public organizations to shop on invoice with the same simplicity as consumers.Ledyer automates the full payment journey, from order to settlement, handling identity, credit decisions, and risk. We integrate directly with e-commerce platforms, ERPs, and payment gateways, allowing merchants to offer flexible payment terms without added complexity.With real-time decisioning, automated reconciliation, and a built-in fraud-risk engine, Ledyer turns what used to be a slow, manual process into a competitive advantage.

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!

Portfolio highlights

• Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
• Skyfora — Skyfora delivers sub-kilometer insights, nowcasts, and probabilistic forecasts so your teams can plan with confidence, no matter the weather.
• Clock & Cloud — AI-driven platform delivering actionable geopolitical intelligence for proactive decision-making and enhanced business security

Portfolio highlights

• ReCarber — Commercializing carbon removal projects. ReCarber matches emitters with off-takers, orchestrates financing, and commercially develops BECCS / bio-CCS projects.
• Emulate Energy — Emulate Energy transforms demand response into tailored and easy-to-operate energy storage devices costing a fraction of physical batteries.
• Echandia — Echandia develops energy storage solutions for heavy-duty marine applications and is the leading supplier of LTO battery systems for maritime electrification.

Portfolio highlights

• DataDome — Stop bots, AI, and cyberfraud with protection that outperforms. Keep digital experiences bot and fraud free across websites, mobile apps, and APIs.
• Revelio Labs — Revelio Labs is an industry leader in workforce intelligence. We absorb and standardize hundreds of millions of public employment records to understand changes to the workforce of companies, geographies, and roles. Our customers include investors, corporate strategists, HR teams, and governments.
• Stavtar Solutions — Stavtar Solutions is a software and technical services company founded by Financial and Technology professionals from the hedge fund, private equity, and investment banking industries, Stavtar is well versed in the marriage between people, processes, and technology.

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!
• Automile — Real-time gps fleet and asset tracking, speeding, routing, idling, driving behavior and much more. Used by over 15,000 businesses.
• Zoomability —

Portfolio highlights

• Cerve — The Cerve platform establishes a personalised, 2-way and automated communication between wholesalers and B2B buyers online — delivering bespoke and dynamic product catalogues, pricing, delivery terms and deals to each and every buyer on any platform and device.As an end-to-end platform, Cerve provides wholesalers with a full set of productsincluding an AI infrastructure, an ordering platform, a sales app and a wholesaler platform.
• Treyd — Working capital for fast growing brands. Order Now, Pay Suppliers Later
• Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs

Portfolio highlights

• Sylvera — Sylvera Carbon offset ratings make offset quality and risks transparent. We make offsets auditable for offset sellers, intermediaries, buyers and investors.
• Outverse — A community platform that's easier to use, better organised and designed for real interaction.
• Dust — Dust is a platform for creating sophisticated processes based on large language models and semantic search.

Portfolio highlights

• Klevu — Klevu Oy is a self-learning search engine that helps online retailers turn visitors into customers. Its search for SMEs focuses on fast, relevant search with actionable insights into shoppers’ search and easy self-service integration.Klevu Oy’s enterprise edition provides natural language search with ease of catalog maintenance and insights intoshopping experience. It is based in Helsinki, Southern Finland.
• Elsa — Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives themaccess to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.
• Steep — Business intelligence for modern companies. Steep lets anyone on your team stay on top of your data.

Portfolio highlights

• Dema.ai — First-of-its-kind AI decision platform for e-commerce
• Everything — Everything is a UK-based Fintech firm focused on reinventing premium bonds with a social spin.
• Steep — Business intelligence for modern companies. Steep lets anyone on your team stay on top of your data.

Portfolio highlights

• PPRO — From PSPs to tech companies, our partners depend on us to build their digital payments offering so they can free up their time and resources.
• Teamtailor — The new way to attract, nurture and hire top talent. Grow faster by focusing on what matters the most: your candidates.
• Modular Finance — Platforms and tools for IR & Finance professionals - with top-tier data, intuitive user experiences, and all the features you need. Our offering includes IR-CRM, news distribution, insider management, shareholder data and IR websites.

Portfolio highlights

• BlueCall — BlueCall is a B2B mental wellness SaaS. We offer empowerment toolkit for organisation, HR and leaders to manage their employee's mental wellbeing. Hand in hand with our digital toolkit we provide digital and personalised coaching sessions to reinforce self development to individual's specific needs.
• Buddywise — Gain control of your safety risks and empower your EHS teams to be truly data-driven. Use existing cameras to gather data, eliminate risks and react in real-time.

Portfolio highlights

• Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
• SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
• Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.

Portfolio highlights

• Leeroy — Leeroy provides a technology platform that transforms customer data into marketing both on-site in-store and mobile. Leeroy provides merchants with tools to communicate and interact with the customer in real time leveraging efficiency, revenues and customer experience putting the merchant in the driver seat. The company's platform is aproduction and distribution tool for several different digital channels: in-store with communication by digital signage and by mobile to enhance loyalty.
• Capcito — Capcito is a provider of working capital to SMEs. Products are invoice discounting, factoring and business loans, all offered with a click of a button. Smoothly integrated with cloud accounting applications and banks. A proprietary lending platform and scoring engine is continuously being developed to improve accuracy on credit assessment andprovide a more lean and relevant solution to SMEs in need of financing for further growth. Capcito strives to empower businesses to grow.
• Swiftcourt — Swiftcourt helps buyers and sellers to perform safe and smooth peer-to-peer-transactions, by providing them with smart digital contracts, e-signing and transaction-related add-on services.Swiftcourt was founded in 2016 and has since then helped over 70 000 buyers and sellers complete over 40 000 transactions. At the moment, the company is insuccessful partnerships with FINN.no, one of the most prominent classified sites in the world and with Mittanbud.no, the market leading service finder classified site in Norway. Recently, Swiftcourt also closed a deal with the biggest classified site in Sweden, Blocket.se.Swiftcourt aims to be a global standard of conducting safe and smooth online transactions and help buyers and sellers with their deals worldwide.

Portfolio highlights

• WEIQ — WEIQ is an application that offers an ordering and payment solutions for restaurants.
• Elonroad — Elonroad charging solutions allow for vehicle agnostic conductive charging, providing freedom and flexibility by charging while driving or parked.
• Jetson Aero — Your personal aircraft in aluminium and carbon fibre, powered with eight powerful electric motors.

Portfolio highlights

• Bubblemaps — Explore DeFi tokens and NFTs through bubbles in our crypto dApp. Cryptocurrency data for beginners, degens, and experts.
• Klink Finance — Klink enables weekly earnings on your deposit of up to $1M every week through its no-loss prize draws.
• Zodia Markets — Zodia Markets' mission is to be the most trusted and reliable partner for your institutional crypto trading. Secure your institution's digital assets today.

Portfolio highlights

• Flo Health — Track your periods, ovulation, and pregnancy with the Flo app. Log your cycle symptoms so you can understand your body better.
• NoTraffic — NoTraffic has developed the first AI-powered traffic signal platform that connects road...
• VOI Technology — VOI is a micro-mobility startup that provides electric scooters for last-mile transportation. Douglas Stark, Filip Lindvall, and Fredrik Hjelm founded it in 2018. Its headquarters is located in Stockholm in Sweden.VOI Technology is aiming to create a system of electrically powered scooters around urban centers to provide an affordable,sustainable, and exhilarating way to commute while helping people to reduce their carbon footprint and cities to have a more sustainable transportation network.

Portfolio highlights

• Sparta — Sparta is a web-based application and software that enables sales directors to run effective sales competitions. It enables its users to builds sales competitions, invite their team, manage them with rankings, statistics, and reports. It also enables its users to control the metrics and behaviors that they desire to control in a sales environment.Sales directors can run multiple competitions, team-based competitions, send and receive email notifications, receive daily update emails, access a chat feed with @mentions, access reports and insights, and perform many more tasks through the app and software.Sparta was founded by Niklas de Besche, Aref Abedi, Aref Abedi, and James Pember. It is based in Stockholm, Sweden.
• Inzpire.me — inzpire.me is on a mission to humanize advertising through user-generated content marketing. With the rise of ad blockers, brands are looking for a better way to connect with their audience. Powered by data-driven tools, the platform matches brands with social media influencers to create genuine collaborations and inspiring stories worldwide.
• Albacross — First-party Intent Data to understand your audience, uncover unseen prospects, and enrich every record to increase marketing & sales efficiency.

Portfolio highlights

• Cerve — The Cerve platform establishes a personalised, 2-way and automated communication between wholesalers and B2B buyers online — delivering bespoke and dynamic product catalogues, pricing, delivery terms and deals to each and every buyer on any platform and device.As an end-to-end platform, Cerve provides wholesalers with a full set of productsincluding an AI infrastructure, an ordering platform, a sales app and a wholesaler platform.
• Terradot — The Earth Regeneration Company
• Everest Carbon — Everest Carbon Inc. develops breakthrough measurement technology for robust quantification of carbon dioxide removal through Enhanced Weathering.

Portfolio highlights

• Smart Point — We are entering the age of convenience and immediacy. A Smart Point automates the reception of any product you shop online, and any service available in your city, from pharmaceuticals, to flowers and dry cleaning. All delivered in 1 hour and available to pick up at your convenience.
• Parabol — As Parabol, we use our innovative power for smart mobility systems and traffic safety all over the world.
• Fastlane — Discover seamless logistics control with our cutting-edge transport management software. Streamline operations, optimize routes, and enhance efficiency effortlessly. Try our solution for comprehensive control today!

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!

Portfolio highlights

• Embedl AB — Efficient Deep Learning by Deep Learning model optimization
• VISS.AI — Talk to your apps and automate tasks
• Impulso — Seamless product tracking. We help brands, agencies and suppliers increase sell-through, reduce administration and create a more sustainable retail landscape.

Portfolio highlights

• Qred — Apply online. No secured loan requirement. Offer within an hour. Choose how much of the granted loan to withdraw. Loan up to 100 000 eur.

Portfolio highlights

• Cerve — The Cerve platform establishes a personalised, 2-way and automated communication between wholesalers and B2B buyers online — delivering bespoke and dynamic product catalogues, pricing, delivery terms and deals to each and every buyer on any platform and device.As an end-to-end platform, Cerve provides wholesalers with a full set of productsincluding an AI infrastructure, an ordering platform, a sales app and a wholesaler platform.
• Edacious — Edacious is a new food system. Our company can help you differentiate the quality of your food.
• Antler Bio — Antler Bio uses gene expression data for herd management and offers genomic data analysis services.

Portfolio highlights

• Circulate — Find the best packaging for you and the planet in our marketplace

Portfolio highlights

• Filed — Meet your new AI tax preparer. Filed helps firms process more returns in less time by cutting prep, reducing review, and freeing teams for higher-value work.
• Opper AI — Opper AI is a task completion API for AI. Reliably complete tasks with AI models. Ship AI assistants, agents and backend features that really work. Access 100+ models, built in quality process, observability and more.
• Zero — Buy verified cash app account at the best IT service provider smmsellshop at cost-effective price, we provide SSN, Bank & Selfie verified accounts.

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!

Portfolio highlights

• Apotekamo — Sve za zdravlje, negu i lepotu na jednom mestu!
• Avy Finans —

Portfolio highlights

• Riskpoint — The RiskPoint Group is one of Europe's largest MGUs, providing best in class insurance solutions to businesses and their advisors globally.
• Hjo Installation — Hjo Installation is a Swedish conglomerate made up of a significant number of local enterprises specializing in energy optimization, electricity, VS, and ventilation.
• Equashield — EQUASHIELD offers a portfolio of closed system transfer devices (CSTDs) and robotic automation solutions, protecting workers from exposure to hazardous drugs.

Portfolio highlights

• Qred — Apply online. No secured loan requirement. Offer within an hour. Choose how much of the granted loan to withdraw. Loan up to 100 000 eur.

Portfolio highlights

• Quartr — Download the Quartr app to access investor calls/presentations, earnings reports, slide decks and transcripts without friction (and for free!)
• Dema.ai — First-of-its-kind AI decision platform for e-commerce

Portfolio highlights

• Circulate — Find the best packaging for you and the planet in our marketplace
• Musa — Musa is a smart city solution providing a platform that efficiently connects waste generators, haulers, and recyclers. Our mission is to guarantee that all waste becomes raw material directed to a productive chain of reuse. This is what connects us, a world without waste where everything can be reused. We want to transform the waste managementindustry by leveraging technology and developing new business models ensuring economic, social, and environmental impact.
• Ixoriguè Technologies — Ixoriguè Technologies are into livestock business.

Portfolio highlights

• Go North — Go North is an e-commerce aggregator operated by Amazon FBA entrepreneurs.
• SleepCure —
• Dold Adress — Dold Address is a privacy protection service that identifies and removes personal information from the internet, including search engines such as Google and public records.

Portfolio highlights

• Circulate — Find the best packaging for you and the planet in our marketplace
• PocketLaw — PocketLaw is a user-friendly and affordable solution that allows you to create contracts, get legal guidance, manage your documents and contact lawyers.
• Lace Laboratory — Empowering panties. For women by women.

Portfolio highlights

• Nudient —
• &Repeat — Slotindo62 sudah menjadi pilihan utama para slotter indonesia sebagai situs slot gacor berpengalaman selama 9 tahun dalam menyediakan game slot terbaik dan terupdate.

Portfolio highlights

• Quivo — Logsta is your flexible 3PL fulfilment provider
• Nect — Nect delivers the self-service future of identity verification as a service – easy to use and with military grade security. We use patent pending self-developed deep technology to fulfil the market needs of regulated companies, serving a 20B$ market.
• Sales Impact Academy — Sales Impact Academy is the world's leading go-to-market learning platform providing a continuous live learning solution for high-growth technology companies. The business launched in October 2019 and already has over 160 customers including Outreach, G2, Klaviyo, and Verbit. The traditional education system has let B2B companies down,with a complete lack of formal, structured education in sales and go-to-market. It means 100 million + people across the world are learning on the job, and every commercial individual contributor and leader is at constant risk of missing their targets and often do. Sales Impact Academy is solving this industry crisis by bringing together the world’s best talent to teach structured, live online courses with high learning design principles.The teaching roster already features 50+ global experts including Mark Roberge former CRO of Hubspot, Elissa Fink former CMO of Tableau, Greg Holmes former CRO of Zoom, and Sir Clive Woodward, former Director of Sport for the Great Britain Olympics team. Sales Impact Academy is backed by VCs Emerge Education and Stage 2 Capital.