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Top 50 B2B VC Funds & Investors in Sweden (October 2026)

The most active venture capital funds investing in Sweden B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden B2B 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
4 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
J12
VC Fund
3 Sweden, Norway, Germany Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $974k–$30M
Icebreaker.vc
VC Fund
3 Finland, Sweden, Estonia Pre-Seed, Seed, Series A Software, Information Technology, Artificial Intelligence $110k–$25M
PunktB
VC Fund
2 Sweden Seed, Pre-Seed, Series A B2B, Apps, SaaS $188k–$5.8M
Loop Capital
VC Fund
2 United States, Sweden Venture - Series Unknown, Seed, Pre-Seed B2B, Sports, Fashion $1.1M–$10M
Mars Growth Capital
VC Fund
2 India, United Kingdom, Germany Debt Financing, Venture - Series Unknown, Series B B2B, Software, E-Commerce $4.5M–$100M
Pitchdrive
VC Fund
2 Belgium, United Kingdom, Germany Pre-Seed, Seed, Series A Software, SaaS, Artificial Intelligence $110k–$4.8M
NMI
VC Fund
2 Sweden Pre-Seed B2B, FinTech, Payments $1.1M–$1.3M
Fuel Ventures
VC Fund
2 United Kingdom, United States, Ireland Seed, Pre-Seed, Series A Software, SaaS, Information Technology $313k–$24M
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $420k–$21M
Atlantic
VC Fund
2 Germany, Switzerland, United States Seed, Series A, Pre-Seed Software, Health Care, Artificial Intelligence $850k–$30M
Norrsken VC
VC Fund
2 Sweden, United Kingdom, Germany Seed, Series A, Venture - Series Unknown Software, Food and Beverage, Artificial Intelligence $893k–$156M
Angelgate
VC Fund
2 Spain, Sweden, Germany Pre-Seed, Seed, Series A B2B, Sensor, Finance $536k–$672k
Almi Invest
VC Fund
2 Sweden, Norway, United States Venture - Series Unknown, Seed Software, Health Care, Information Technology $226k–$3.5M
The Nordic Web Ventures
VC Fund
1 Denmark, Norway, Sweden Pre-Seed, Seed, Angel Software, SaaS, Artificial Intelligence $246k–$5M
Greens Ventures
VC Fund
1 Sweden, Finland, United Kingdom Pre-Seed, Seed, Angel Software, Information Technology, Artificial Intelligence $110k–$17M
XVC Tech
VC Fund
1 Singapore, United Arab Emirates, India Seed, Pre-Seed, Grant Blockchain, Web3, Artificial Intelligence $100k–$2.2M
True Global Ventures (TGV)
VC Fund
1 United States, Sweden, France Seed, Series A, Series B Blockchain, Software, Financial Services $365k–$43M
Sustainable Energy Angels
VC Fund
1 Sweden Venture - Series Unknown, Seed, Pre-Seed Artificial Intelligence, B2B, Drones
Daphni
VC Fund
1 France, United Kingdom, United States Seed, Series A, Series B Software, Artificial Intelligence, E-Commerce $2.4M–$110M
The First Thirty
VC Fund
1 United States, Sweden, Ireland Seed, Series A Agriculture, Biotechnology, B2B $4.3M–$8.1M
Svea Ekonomi
VC Fund
1 Sweden, Spain, Norway Venture - Series Unknown, Seed, Series A Payments, FinTech, Financial Services $711k–$16M
Sprints
VC Fund
1 Sweden, United States, United Kingdom Series C, Series E, Private Equity Marketplace, Financial Services, SaaS $30M–$800M
Investment AB Spiltan
VC Fund
1 Sweden, United States Venture - Series Unknown, Series A, Seed Software, Artificial Intelligence, Apps $604k–$12M
Framtid
VC Fund
1 Sweden, United Kingdom Pre-Seed, Seed B2B, SaaS, Payments $970k–$4.1M
Spintop Ventures
VC Fund
1 Sweden, Finland, Norway Seed, Series A Software, Information Technology, SaaS $907k–$11M
Allanova
VC Fund
1 Sweden Pre-Seed, Series A B2B, Apps, Pharmaceutical
Ugly Duckling Ventures
VC Fund
1 Denmark, Sweden, Finland Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $917k–$7.5M
Ventech
VC Fund
1 France, Germany, United States Series A, Seed, Series B Software, Artificial Intelligence, SaaS $1.3M–$67M
Elephant
VC Fund
1 United States, Canada, France Series A, Series B, Series C Software, E-Commerce, Information Technology $7.5M–$300M
Gullspång Invest
VC Fund
1 Sweden, United States Venture - Series Unknown, Series A, Series B Software, Food and Beverage, Solar $1.7M–$59M
MP Pensjon
VC Fund
1 Norway, Sweden, United States Seed, Series A Software, Information Technology, SaaS $500k–$9M
Genesis Ventures
VC Fund
1 Greece, United Kingdom, United States Pre-Seed, Seed, Convertible Note Software, Artificial Intelligence, FinTech $169k–$5.3M
DHS Venture Partners
VC Fund
1 Sweden Pre-Seed, Venture - Series Unknown Software, SaaS, Big Data $90k–$1.5M
Schueler Group
VC Fund
1 Sweden Series A B2B, Pharmaceutical
VNV Global
VC Fund
1 United Kingdom, Sweden, Russian Federation Series B, Venture - Series Unknown, Series A E-Commerce, Health Care, Marketplace $1M–$85M
Wellstreet
VC Fund
1 Sweden, Norway, Finland Venture - Series Unknown, Seed Software, E-Commerce, Retail $216k–$5M
StartupIst VC
VC Fund
1 United States, Turkey, United Kingdom Seed, Pre-Seed Software, B2B, Artificial Intelligence $200k–$11M
Climate-KIC
VC Fund
1 Germany, Italy, Switzerland Seed, Grant, Convertible Note CleanTech, Sustainability, GreenTech $13–$1.8M
Seedcamp
VC Fund
1 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, FinTech, SaaS
ImpactAssets
VC Fund
1 United States, Ghana, India Seed, Series A, Pre-Seed Health Care, Software, Biotechnology $500k–$35M
Loop Ventures
VC Fund
1 Sweden Seed, Venture - Series Unknown B2B, Software, Architecture
Ampli Ventures
VC Fund
1 Sweden, Denmark Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $641k–$1.7M
EIT Urban Mobility
VC Fund
1 Spain, Sweden, France Seed, Pre-Seed, Series A Software, Transportation, Information Technology
Arcan Partners
VC Fund
1 Estonia, Sweden Pre-Seed, Seed Artificial Intelligence, SaaS, B2B $21k–$100k
Alliance VC
VC Fund
1 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics $1.3M–$24M
Round2 Capital Partners
VC Fund
1 Germany, Sweden, Austria Debt Financing, Venture - Series Unknown Software, Information Technology, SaaS $1M–$20M
Zenith Venture Capital
VC Fund
1 Sweden, Denmark, Finland Seed, Series A, Series B Software, Sports, Apps $772k–$12M
SuperSeed Ventures
VC Fund
1 United Kingdom, Sweden, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $1M–$14M
Nordic Capital
VC Fund
1 Sweden, Denmark, United States Venture - Series Unknown, Private Equity Software, Health Care, Financial Services $11M–$533M
Access all 104 VC funds in Sweden B2B 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 · 4 investments in Sweden B2B 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: 2382
  • 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

  • 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.
  • myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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J12
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden B2B 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 — Volve turns tender and contract documents into a structured baseline, helping construction teams catch risk, run compliance checks, and win better bids with AI.
  • 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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Icebreaker.vc
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Sweden B2B 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: 143
  • 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

  • Cytely — Cytely operationalizes biological measurement, turning microscopy into standardized, reproducible data so research teams can accelerate discovery.
  • 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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PunktB
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden B2B startups

PunktB is a Stockholm-based investment firm focusing on early stage investments. PunktB's current portfolio consists of Springworks, Resolution Games, Studi.se, Snowprint Studios, Mobile Interaction, Capcito, Stugan.com, and more. PunktB have been operating a house for startups on Saltmätargatan 19, Stockholm, since 2006.

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Investment focus

  • Industry: B2B, Apps, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 6
  • Round size: Seed $188k–$5.8M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • 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.
  • 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.
  • Vendi — 9 of 10 founders don’t have a background in sales. 2 of 3 struggle to scale up sales beyond their existing network. Building a team is too expensive. No time or skills to do it yourself.Vendi AI is your sales superpower, giving you full access to your entire market, ensures you know everything to win every deal and makes you take the right actionat the right time.Vendi's superpowers unlock the true potential of founders.
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Loop Capital
VC Fund · Chicago, Illinois, United States · 2 investments in Sweden B2B startups

Loop Capital - Client-focused investment banking, brokerage and advisory services

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Investment focus

  • Industry: B2B, Sports, Fashion
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: United States, Sweden

Investor stats

  • Total investments: 7
  • Round size: Venture - Series Unknown $1.1M–$10M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $2M in 2021

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.
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Mars Growth Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Sweden B2B startups

MARS Growth Capital will Skyrockets your company's growth to MARS & beyond! We provide growth capital to fuel your journey.

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Investment focus

  • Industry: B2B, Software, E-Commerce
  • Stage:Debt Financing, Venture - Series Unknown, Series B
  • Geography: India, United Kingdom, Germany

Investor stats

  • Total investments: 38
  • Round size: Series B $13M–$40M; Debt Financing $4.5M–$100M; Venture - Series Unknown $5M–$50M
  • Lead/follow: 84% lead, 16% follow

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.
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Pitchdrive
VC Fund · Antwerp, Antwerpen, Belgium · 2 investments in Sweden B2B startups

Pitchdrive is a pre-seed investor run by experienced tech entrepreneurs backing founders during their crazy startup ride. Buckle up.

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Investment focus

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

Investor stats

  • Total investments: 93
  • Round size: Seed $1M–$4.8M; Pre-Seed $110k–$2.5M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely actively investing — fresh fund, raised $69M in 2026

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • ORiS — ORiS (Orbital Recharge in Space) develops laser-based wireless power transmission to extend the autonomy of satellites, drones, and lunar habitats.
  • Backbone — AI platform for food & beverage quality teams. Connects standards, audits, supplier data, and customer requirements into one live picture. Automates the admin. Routes the right intelligence to the right person. Faster decisions, fewer blind spots.
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NMI
VC Fund · 2 investments in Sweden B2B startups

NMI Group AB

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Investment focus

  • Industry: B2B, FinTech, Payments
  • Stage:Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $1.1M–$1.3M
  • Lead/follow: 0% lead, 100% follow

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.
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Fuel Ventures
VC Fund · London, England, United Kingdom · 2 investments in Sweden B2B startups, 20 in the past 12 months

Fuel Ventures - a leading early stage seed / growth stage EIS Fund based in London, UK. Investing in the most ambitious technology companies.

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Investment focus

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

Investor stats

  • Total investments: 255
  • Round size: Seed $674k–$4.9M; Pre-Seed $313k–$1.7M; Series A $4.4M–$24M
  • Lead/follow: 76% lead, 24% follow
  • Last fund: Likely still investing — raised $126M in 2023

Portfolio highlights

  • AI Score — AI Score empowers organisations to harness AI safely
  • Souk — Coco is an AI partnerships manager: she finds partners, activates them, and handles agreements, attribution and payouts.
  • Stoa Corporation — Unlock perks when you save. Saving, reimagined - get high-value perks upfront, not small bank interest.
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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden B2B 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 — Frictionless Coding with AI
  • 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!
Atlantic
VC Fund · Berlin, Berlin, Germany · 2 investments in Sweden B2B startups

Atlantic Labs supports and invests in mission-driven founders working on transformative technology ventures.&nbsp;<br><br>We partner with founders early, providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. We are currently active in areas including Digital Health, Future of Work, Machine Learning, Decentralized Networks, Mobility and Industrial Applications.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 272
  • Round size: Seed $1.1M–$9.4M; Pre-Seed $850k–$3.5M; Series A $4.5M–$30M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • 42matters — 42matters offers a full suite of mobile and connected TV app intelligence solutions, including APIs, file dumps, and visual, web-based platforms.
  • Phase0 — Payment platform for construction projects
  • Lightspring — Lightspring is a photonics technology company developing advanced 3D optical interconnection solutions for photonic systems.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden B2B 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, Food and Beverage, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 108
  • Round size: Seed $893k–$14M; Series A $4.4M–$56M; Venture - Series Unknown $1.1M–$156M
  • Lead/follow: 31% lead, 69% 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
  • Verse — Define & achieve your financial and emissions reduction goals with Aria, a software platform that helps companies buy and manage clean power.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
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Angelgate
VC Fund · Saint Gallen, Sankt Gallen, Switzerland · 2 investments in Sweden B2B startups

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Investment focus

  • Industry: B2B, Sensor, Finance
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, Sweden, Germany

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $536k–$672k
  • Lead/follow: 0% lead, 100% follow

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.
  • Hybrid Lidar Systems AG — Advanced solid-state LiDAR technology for industrial 3D vision, automotive, drones, and robotics. High-resolution sensing up to 20 fps with LiSSA sensors.
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden B2B 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: 543
  • 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

  • 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.
  • Qulsar — Qulsar provides high precision time synchronization solutions for 5G, private mobile, industrial IoT and real time data applications and infrastructures. Its solution combines Time Synchronization as a Service (TSaaS) and open and proprietary software running on off the shelf (COTS) hardware. Qulsar's solutions span multiple precision levelsand slashes cost of ownership and operation.
  • Boka konferens — Boka konferens provides an online booking platform that allows users to browse and book conference rooms and venue space for corporate offices. Their products serve consumers. For inquiries, their telephone number and email address are available on their website.
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The Nordic Web Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden B2B startups

The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.

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Investment focus

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

Investor stats

  • Total investments: 23
  • Round size: Seed $250k–$5M; Angel $300k–$465k; Pre-Seed $246k–$1.1M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $6M in 2025

Portfolio highlights

  • Midio — Midio is a new programming language that is currently being developed. It enables you to visually make sense of data complexity, work considerably faster, and create incredible things with coders and non-developers equally.
  • Aisel Health — Aisel Health provides AI that imitates psychiatrists for psychiatric clinics and hospitals to ensure efficient patient access to care.
  • Paraglide AI — Paraglide AI agents handle your financial inbox, automatically reply to invoice inquiries from clients, pursue past-due invoice payments, and customize collections at scale.
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Greens Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Greens invests in Nordic pre-seed startups with founders who are alumni of Nordic Unicorns.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Sweden, Finland, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $2.8M–$17M; Angel $110k–$720k; Pre-Seed $200k–$2.9M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Endform — Run your Playwright tests faster with https://t.co/FYIS1dSPdF
  • SolvaPay —
  • Zero — Protect your devices and gain access to websites. Round-the-clock customer support. VPN for Windows, Android, macOS, iOS, and routers. Free trial period.
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XVC Tech
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Sweden B2B startups

XDC Ventures is a $125mn fund supported by founders of the XDC Blockchain Network that specializes in investing in early-stage Tech start-ups.

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Investment focus

  • Industry: Blockchain, Web3, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Singapore, United Arab Emirates, India

Investor stats

  • Total investments: 15
  • Round size: Seed $100k–$2.2M; Pre-Seed $100k–$1M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Roxonn — Empowering software innovation through decentralization.
  • Klink Labs — Klink enables weekly earnings on your deposit of up to $1M every week through its no-loss prize draws.
  • Zodia Markets — Zodia Markets is a digital asset trading platform that provides custody of digital assets, brokerage, trade, investments, and exchange.
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True Global Ventures (TGV)
VC Fund · Singapore, Central Region, Singapore · 1 investments in Sweden B2B startups

Global venture capital firm investing in AI-first companies.

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Investment focus

  • Industry: Blockchain, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Sweden, France

Investor stats

  • Total investments: 70
  • Round size: Seed $365k–$5M; Series A $1.5M–$15M; Series B $8.3M–$43M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Sprouts — Sprouts is a pre-integrated intelligent martech platform that replaces the need to buy multiple databases, intent products, and sales outreach platforms. Convert the right accounts, at the right time with the right message.
  • Cynch AI — Get deeper insight and more time to focus on what truly matters: building a better business.
  • Prezent AI — Presentation productivity platform for enterprise teams. Add zen to your presentations!
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Sustainable Energy Angels
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Sustainable Energy Angels is an early-stage investment firm focused on sustainable energy technology. We invest in companies with innovative solutions in sustainable energy technology and great market potential.

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Investment focus

  • Industry: Artificial Intelligence, B2B, Drones
  • Stage:Venture - Series Unknown, Seed, Pre-Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • GLOBHE — Make better decisions. Access drone data from anywhere in the world through one single platform.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
  • Stockholm Water Technology — Stockholm Water Technology develops and designs clean and sustainable water solutions. The technology integrates hardware and software and brings smartness to the system while offering an exceptionally high water recovery and low energy use.
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Daphni
VC Fund · Paris, Ile-de-France, France · 1 investments in Sweden B2B startups, 21 in the past 12 months

daphni is a venture capital based in Paris, firm investing in tech startups with a European DNA and a strong international ambition.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: France, United Kingdom, United States

Investor stats

  • Total investments: 147
  • Round size: Seed $2.4M–$13M; Series A $6.1M–$23M; Series B $17M–$110M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $281M in 2025

Portfolio highlights

  • quartz — Quartz provides a personal wealth platform that aggregates financial accounts and offers personalized financial insights.
  • Astral Systems — Our compact multi-state fusion reactors offer high particle flux and exceptional lifetime performance, unlocking a wide variety of critical medical, industrial, and research applications today.
  • Graph Therapeutics — Graph Therapeutics - precision immunology
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The First Thirty
VC Fund · London, England, United Kingdom · 1 investments in Sweden B2B startups

NatureTech venture firm investing in disruptive technologies connecting human and planetary health. Impact target to enhance human health by regenerating more than 30m hectares.

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Investment focus

  • Industry: Agriculture, Biotechnology, B2B
  • Stage:Seed, Series A
  • Geography: United States, Sweden, Ireland

Investor stats

  • Total investments: 5
  • Round size: Seed $4.3M–$8.1M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • 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.
  • Rhizocore Technologies — We develop high-performance strains of locally-sourced mycorrhizal fungi to improve tree growth, tree health and tree resiliency. We offer a sustainable solution to increase forest yields whilst improving the ability of trees to sequester carbon.
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Svea Ekonomi
VC Fund · Solna, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Svea Ekonomi shall through personal service offer the market efficient and customized solutions within the fields of debt recovery, financing and sales ledger administration.

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Investment focus

  • Industry: Payments, FinTech, Financial Services
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Sweden, Spain, Norway

Investor stats

  • Total investments: 14
  • Round size: Seed $1.1M–$3.4M; Series A $2.9M–$4.4M; Venture - Series Unknown $711k–$16M
  • Lead/follow: 29% lead, 71% follow

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.
  • SeQura — SeQura provides an eCommerce payment solution for retailers that improves conversion rates and secures certainty of payment. The company offers all payment methods including “Pay Now”, “Buy Now Pay Later” or “Pay in 3”. SeQura was founded in 2013 and is headquartered in Barcelona, Spain.
  • WeSports Group — WeSports Group is the top Nordic sports equipment specialist group. Through a combination of physical and online storefronts, as well as the distribution of our own and regulated brands, we serve professional athletes and those who enjoy an active lifestyle.
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Sprints
VC Fund · London, England, United Kingdom · 1 investments in Sweden B2B startups

Sprints Capital invests in technology-enabled companies with proven business models, strong and durable market positions and excellent teams.

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Investment focus

  • Industry: Marketplace, Financial Services, SaaS
  • Stage:Series C, Series E, Private Equity
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 29
  • Round size: Series C $70M–$250M; Series E $140M–$800M; Private Equity $30M–$180M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $614M in 2022

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 — We build user-friendly software for investor relations and finance, and fill it with unique data. Our offering includes solutions for investor relations, news distribution, insider management, shareholder data analysis, and IR websites.
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Investment AB Spiltan
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B 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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Framtid
VC Fund · 1 investments in Sweden B2B startups

Framtid

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Investment focus

  • Industry: B2B, SaaS, Payments
  • Stage:Pre-Seed, Seed
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $970k–$4.1M
  • Lead/follow: 0% lead, 100% follow

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 — Steep is an AI analytics platform built on governed metrics that powers analysis, reporting and company-wide engagement.
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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B 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, SaaS
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 74
  • Round size: Seed $907k–$5.8M; Series A $1.7M–$11M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $94M in 2022

Portfolio highlights

  • Velatir — Velatir helps you stay in control of AI decisions. With real-time monitoring, AI risk scoring, we make responsible, transparent AI easy.
  • Incredible — Talk to your apps and automate tasks
  • 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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Allanova
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Allanova is an independent, family-controlled investment group.

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Investment focus

  • Industry: B2B, Apps, Pharmaceutical
  • Stage:Pre-Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Parkamo — Parkamo is like Hotels.com & Airbnbn for parking. All apps, all prices, full transparency and you can earn money by renting out your parking.
  • Apotekamo — Apotekamo is an online pharmacy marketplace, enabling traditional offline pharmacies an online sales channel with access to Apotekamo´s traffic.
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Ugly Duckling Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden B2B startups, 10 in the past 12 months

At Ugly Duckling Ventures, we make capital, know-how, and real-world application available to Nordic ventures at the seed & pre-seed stage. We are operational by nature and want to get in the grind as we excel at getting early-stage ventures ready for scale.

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $1M–$5.5M; Pre-Seed $917k–$1.7M; Venture - Series Unknown $1.1M–$7.5M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Velatir — Velatir helps you stay in control of AI decisions. With real-time monitoring, AI risk scoring, we make responsible, transparent AI easy.
  • Wilmo AI — AI agents that resolve ecommerce support tickets on autopilot. Automate order tracking, returns, and customer service across every channel.
  • Spiich Labs — AI for revenue teams that win on relationships. The agentic sales platform that eliminates CRM admin: your CRM updates itself after every call, you get daily meeting briefs, and follow-ups write themselves. Save 9+ hours weekly.
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Ventech
VC Fund · Paris, Ile-de-France, France · 1 investments in Sweden B2B startups, 12 in the past 12 months

On-the-ground expert investors in early-stage digital. Ready to meet you, wherever you are.

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Investment focus

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

Investor stats

  • Total investments: 217
  • Round size: Seed $1.3M–$6.6M; Series A $3.9M–$14M; Series B $5.6M–$67M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $207M in 2025

Portfolio highlights

  • amber — info@amberoad.aiambeRoad is developing an intelligent enterprise search engine to help employees to find all relevant documents easily and quickly by integrating all company internal data sources into one search engine. Our solution allows access to all company-wide files from anywhere. Even if you don't exactly know what you are lookingfor, our cutting-edge AI will know because of a range of features implemented in our software.No need to tag documents manually, all in milliseconds - only one search request away.
  • Credoxys — Credoxys develops organic electronic materials for OLED displays, OLED lighting, organic photovoltaics, and sensors. Its portfolio includes dopants and transport materials designed to influence charge transport, optical transmission, power consumption, and energy generation in organic electronic devices. The company also develops materials forscale-up and customer-specific applications.
  • ENGO Eyewear — engo3 is a next generation heads up display built for endurance athletes. Instant, frictionless, hands free access to performance metrics with long battery life and an ultra lightweight form factor. Unlock your data, and experience an entirely new way to train and compete
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Elephant
VC Fund · Boston, Massachusetts, United States · 1 investments in Sweden B2B startups

Elephant provides venture capital investment and strategic advisory services to support startups and growth-stage companies. The firm partners with technology-driven enterprises, offering capital and guidance to help scale their operations and navigate market challenges. It emphasizes building long-term relationships with portfolio companies bydelivering tailored support in areas such as business development, fundraising, and operational strategy. The company engages actively with entrepreneurs to identify growth opportunities and optimize their market positioning. It operates with a focus on technology sectors, including software, digital media, and consumer internet services.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 65
  • Round size: Series A $7.5M–$50M; Series B $20M–$78M; Series C $42M–$300M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: Likely actively investing — fresh fund, raised $151M in 2025

Portfolio highlights

  • TJM Labs — The pharmacy AI platform now running in 550+ pharmacies. Scale pharmacy ops without scaling headcount.
  • Tekst — Analyze, enrich and automate your business communication in a secure and scalable way, leveraging our text intelligence platform.
  • ThreatLocker — Cybersecurity Tools, Application Whitelisting, Ringfencing | ThreatLocker Inc
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Gullspång Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Gullspång Invest is a Stockholm based family office with a long-term investment philosophy. Gullspång Invest funds team of entrepreneurs who are committed to building companies making a big positive impact. The company is a purpose-driven, for profit, with passion, and are seeking long-term partnerships with like-minded entrepreneurs.

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Investment focus

  • Industry: Software, Food and Beverage, Solar
  • Stage:Venture - Series Unknown, Series A, Series B
  • Geography: Sweden, United States

Investor stats

  • Total investments: 13
  • Round size: Series A $2.7M–$6.8M; Series B $44M–$59M; Venture - Series Unknown $1.7M–$41M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Qvantum — Qvantum is driven by a passion for a sustainable future and we are changing the way the cities of Europe are heated.
  • Baseload Capital — Baseload Capital leads partnerships to scale up geothermal energy: a 24/7 available source of clean power and heat.
  • NICK’S — Swedish-style ice cream is so creamy, so light and so Swedish. Swedish-style is low fat, low calorie, and keto friendly ice cream. But most importantly it&#39;s CREAMY ice cream that has only 4-7g of net carbs per serving.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway · 1 investments in Sweden B2B startups

MP Pensjon er pensjonskasse for TINE SA og norske datterselskaper. God og langsiktig forvaltning sikrer din pensjon.

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Investment focus

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

Investor stats

  • Total investments: 22
  • Round size: Seed $500k–$5.5M; Series A $4.8M–$9M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Climeon — Climeon is a clean-tech vendor that produces heat power systems, converting waste heat and geothermal heat into clean electricity. The company develops low temperature industrial and geothermal waste heat recovery products which can convert temperature differences in water and gas into electricity.Founded by Thomas Öström and Joachim Karthäuserin 2011, Climeon is headquartered in Stockholm, Sweden.
  • Odins.ai — Odins.ai is a platform powered by AI that focuses on offering organizations intelligent automation solutions. Optimizes your budget using the most recent AI-driven models to guarantee the highest return on investment.
  • Saga Robotics — Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald. Our robots provide chemical-free vineyard and strawberry disease management to help growers increase yields and reduce reliance on fungicides.
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Genesis Ventures
VC Fund · Athens, Attiki, Greece · 1 investments in Sweden B2B startups

Making early-stage founders successful globally. A coaching and angel investment platform for early-stage startups.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Pre-Seed, Seed, Convertible Note
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 66
  • Round size: Seed $466k–$5.3M; Pre-Seed $169k–$1.4M; Convertible Note $806k–$1.4M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $23M in 2021

Portfolio highlights

  • Auxilis AI — Auxilis AI s an developer of AI voice agents automating patient communication and bookings for UK general practices.
  • Wealthyhood — Stocks, ETFs and high interest with zero commissions and powerful automation. Start building wealth today!
  • Terra Robotics — Terra Robotics is an agri-tech startup specializing in laser-based weeding systems,
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DHS Venture Partners
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B 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, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 28
  • Round size: Pre-Seed $400k–$1.5M; Venture - Series Unknown $90k–$1M
  • Lead/follow: 11% lead, 89% 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.
  • 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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Schueler Group
VC Fund · Lebanon, Ohio, United States · 1 investments in Sweden B2B startups

Discover expert commercial property development and land for sale. Contact us today to find your ideal commercial or industrial real estate solution!

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Investment focus

  • Industry: B2B, Pharmaceutical
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Apotekamo — Apotekamo is an online pharmacy marketplace, enabling traditional offline pharmacies an online sales channel with access to Apotekamo´s traffic.
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VNV Global
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

VNV Global is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The common shares of VNV Global are listed onNasdaq Stockholm, Mid Cap segment, with the ticker VNV.

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Investment focus

  • Industry: E-Commerce, Health Care, Marketplace
  • Stage:Series B, Venture - Series Unknown, Series A
  • Geography: United Kingdom, Sweden, Russian Federation

Investor stats

  • Total investments: 106
  • Round size: Series A $1M–$30M; Series B $3M–$85M; Venture - Series Unknown $2.3M–$26M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • YUV — The world's first smart hair colour lab for salons and freelancers.
  • All3 — All3 uses AI and robotics to design, manufacture, and assemble buildings through a unified system. The company provides an end-to-end system that combines AI-driven architectural design, robotic off-site manufacturing, and automated on-site assembly for residential and commercial structures. Its platform enables customized building components to beproduced and assembled with software-controlled workflows, reducing reliance on manual processes and fragmented supply chains.All3 also offers vertically integrated services that cover planning, engineering, fabrication, and construction delivery, allowing developers to manage projects within a single system. Its technology supports complex building designs and constrained urban sites by adapting production and assembly processes to specific project requirements.
  • VOI Technology — Voi is a micromobility company operating e-bikes and e-scooters in 150+ cities. EBIT-profitable since 2024.
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Wellstreet
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B 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 — We champion AI sovereignty in Europe to unlock innovation and growth
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StartupIst VC
VC Fund · 1 investments in Sweden B2B startups

StartupIst VC is an investment firm.

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Investment focus

  • Industry: Software, B2B, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Turkey, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $200k–$11M; Pre-Seed $500k–$1.3M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Gengage — Gengage gives every retail visitor an e-commerce agent that finds products, compares trade-offs, answers deciding questions and completes the next step.
  • Enuygun Innovation — Enuygun Innovation A.Ş. is the tehcology hub of the Wingie Enuygun Group, a leading online travel agency in the MENA and EU regions.Our primary focus is on developing advanced AI solutions to offer a seamless travel experience for over 50 million travelers.
  • LIVZYM Biotechnology — LIVZYM is a biotechnology research center. They provide services that include microorganisms, fermentation, filtration, drying, and packaging. An online inquiry form is available on the company's website.
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Climate-KIC
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Sweden B2B startups

EIT Climate-KIC is a European knowledge and innovation community, working to accelerate the transition to a zero-carbon economy.Supported by the European Institute of Innovation and Technology, we identify and support innovation that helps society mitigate and adapt to climate change. They believe that a decarbonised, sustainable economy is notonly necessary to prevent catastrophic climate change, but presents a wealth of opportunities for business and society.

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Investment focus

  • Industry: CleanTech, Sustainability, GreenTech
  • Stage:Seed, Grant, Convertible Note
  • Geography: Germany, Italy, Switzerland

Investor stats

  • Total investments: 18
  • Round size: Seed $259k–$1.8M; Grant $13–$99k; Convertible Note $54k–$55k
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Afterwind — Afterwind® exists to preserve natural resources for future generations by recycling glass fibre assets into circular advanced materials with full traceability.We help asset owners and industrial manufacturers in Advanced Materials, Renewable Energy, and Construction recover and reuse end-of-life and byproduct materials without compromising theiroriginal properties, including glass and carbon fibres, PET and PVC foams, and resin powders.Team Afterwind is expanding across Europe, working on- or near-site to help our clients cut costs, CO2, and risks, while supplying stable, high-quality, circular advanced materials that deliver on EU Taxonomy and green targets.
  • RECYCLLUX — RECYCLLUX is making use of the collected satellite Earth Observation data and applies machine-learning algorithms to identify the marine plastic litter problem spots, where actions need to be taken.
  • GreenPow — GreenPow is The Adaptive Computing Platform. MAIZX, our continuously-deciding control plane, routes workloads across regions based on energy, carbon, cost, performance, and compliance signals - so infrastructure thinks, not just runs.
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Seedcamp
VC Fund · London, England, United Kingdom · 1 investments in Sweden B2B startups, 32 in the past 12 months

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

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Investment focus

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

Investor stats

  • Total investments: 308
  • Lead/follow: no public data

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.
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ImpactAssets
VC Fund · Bethesda, Maryland, United States · 1 investments in Sweden B2B startups

ImpactAssets is the preeminent partner for impact investing and philanthropic giving for individuals, families and a range of organizations that want to create positive change for the world.

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Investment focus

  • Industry: Health Care, Software, Biotechnology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Ghana, India

Investor stats

  • Total investments: 27
  • Round size: Seed $500k–$4M; Pre-Seed $1.3M–$3.1M; Series A $4.3M–$35M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Afterwind — Afterwind® exists to preserve natural resources for future generations by recycling glass fibre assets into circular advanced materials with full traceability.We help asset owners and industrial manufacturers in Advanced Materials, Renewable Energy, and Construction recover and reuse end-of-life and byproduct materials without compromising theiroriginal properties, including glass and carbon fibres, PET and PVC foams, and resin powders.Team Afterwind is expanding across Europe, working on- or near-site to help our clients cut costs, CO2, and risks, while supplying stable, high-quality, circular advanced materials that deliver on EU Taxonomy and green targets.
  • Salva Health — Salva Health is a healthcare solutions provider company that develops products to enable the prevention and early detection of diseases.
  • Affinity — Join over 125,000 who trust the Affinity mobile app to manage their banking needs, from savings to payments, as well as instant loans
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Loop Ventures
VC Fund · 1 investments in Sweden B2B startups

Loop Ventures is an investment firm.

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Investment focus

  • Industry: B2B, Software, Architecture
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • partihandel.se — Sourcing, sales and warehouse management for wholesale professionals.
  • Finch — Optimize building design with AI and graph technology. Get immediate feedback on performance, detect errors and find optimal solutions.
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Ampli Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

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

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Investment focus

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

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $641k–$1.7M; Venture - Series Unknown $964k–$1.1M
  • Lead/follow: 86% lead, 14% follow

Portfolio highlights

  • Noru — Noru builds an AI-native platform for regulatory compliance.
  • Kovant — Kovant develops an AI agent platform to automate enterprise operations across supply chain, finance, and procurement.
  • Spiich Labs — The AI sales assistant that eliminates CRM admin. Your CRM updates itself after every call, you get daily meeting briefs, and follow-ups write themselves. Save 9+ hours weekly.
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EIT Urban Mobility
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Sweden B2B startups

EIT Urban Mobility is an initiative of the European Institute of Innovation and Technology (EIT), a body of the European Union. Europe’s leading community for impact-driven start-ups and scale-ups in urban mobilityWe want to move cities toward a more sustainable future by partnering up with start-ups and scale-ups like yours. Our Impact Venturesdivision gives you access to funding and support channels to deliver financial, environmental and social impact on the urban landscapes around us. Our tools are: Funding through grants and equity investments, Knowledge and training through partner-led programmes, networking and introductions through dedicated support to our equity portfolio companiesOur investments provide you with a boost on your growth journey, and our network connects you with the right stakeholders in the public policy sector — on a regional, national and European-wide scale — to put your company on the map and bring your urban mobility services to the people who need it the most.If you’re like us and have a drive to shape the cities of our future, join our community of engaged and esteemed impactful ventures by applying for one of the many different programs we offer.

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Investment focus

  • Industry: Software, Transportation, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, Sweden, France

Investor stats

  • Total investments: 56
  • Lead/follow: no public data

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!
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Arcan Partners
VC Fund · London, England, United Kingdom · 1 investments in Sweden B2B startups

Arcan Partners invests in European and US technology companies by providing funding and actively supporting company growth. Unlike traditional tech investors, the partners at Arcan Partners have extensive experience in founding, managing, and scaling software companies — bringing hands-on operational expertise and dedicated AI capabilities to everypartnership

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Investment focus

  • Industry: Artificial Intelligence, SaaS, B2B
  • Stage:Pre-Seed, Seed
  • Geography: Estonia, Sweden

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $21k–$100k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Ebitator — Ebitator is a cloud-native platform that empowers SMEs to understand and maximize their business value through real-time AI-driven valuations and a proprietary “EXIT Score.” Our solution combines live KPI tracking with actionable insights and a secure marketplace that connects company owners with buyers and advisors, making strategic exits faster,more transparent, and more profitable. We’re on a mission to help millions of businesses plan their next big chapter with confidence.
  • Allpass.ai — Automate KYC and AML with ease. Allpass.ai helps small and growing businesses stay compliant, streamline onboarding, and verify users quickly without big budgets.
  • Tablestat.com — AI-powered tool finding buyers and investors and performing company valuation, for investment banking and private equity professionals
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Alliance VC
VC Fund · Oslo, Oslo, Norway · 1 investments in Sweden B2B startups

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Seed $1.3M–$5M; Series A $1.8M–$24M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Endform —
  • Newcode.ai —
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
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Round2 Capital Partners
VC Fund · Vienna, Wien, Austria · 1 investments in Sweden B2B startups

Round2 Capital gives software entrepreneursthe choice to grow their company without dilution.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Debt Financing, Venture - Series Unknown
  • Geography: Germany, Sweden, Austria

Investor stats

  • Total investments: 36
  • Round size: Debt Financing $1M–$6M; Venture - Series Unknown $8.4M–$20M
  • Lead/follow: 94% lead, 6% follow
  • Last fund: Likely still investing — raised $64M in 2022

Portfolio highlights

  • 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.
  • GoodVision — GoodVision helps transport surveyors and modellers to achieve incredible productivity in traffic data analytics. GoodVision's solution - the "Video Insights" is the ultimate B2B SaaS traffic analytics platform automating the traffic data collection from existing camera infrastructure and providing deep traffic analytics for trafficmodel calibration. GoodVision captures traffic insights from activity on roads in the form or multipurpose digital data and allows for collaboration to obtain crucial traffic parameters fully interactively. We are re-imagining the collaboration between traffic surveyors, transport planners and smart cities. Video Insights is a comprehensive ecosystem of features which saves traffic modellers up to 95% of their time by automating the traffic model creation and calibration. Modellers perform interactive analyses over the digitally extracted traffic data and automatically generate traffic model networks for PTV Vissim and AIMSUN systems. It allows to compute a wide variety of traffic behavioural analyses, including speed and saturation flow computation, to calibrate and verify the traffic models without the substantial manual efforts needed for conventional methods.At GoodVision, we are fundamentally innovating the way vehicle traffic and pedestrian footfall data is collected and analyzed from cameras, drones or live feeds. Video Insights is powered by our state-of-art artificial intelligence models and is available to everyone at my.goodvisionlive.com. This is the first time when the gap between traffic data collection and traffic simulation and management system is filled with automation. Video Insights is the first solution allowing traffic surveyors and traffic modellers to collaborate, perform all their tasks and share the data in a single platform in a fully interactive way. Combining unrivalled 95%+ accuracy of traffic data collection with deep analytical features replacing long hours of manual labour, Video Insights is the right solution to go if you want to enjoy your traffic analytics jobs, obtain super-accurate traffic modelling data or to save time and operational costs.GoodVision is a startup located in London, United Kingdom and Prague, Czech Republic, currently serving commercial clients on all six continents.
  • Friendsurance — Friendsurance Business die sichere, skalierbare und modular aufgebaute Whitelabel-Plattform: Digitalisieren Sie die Versicherungsangelegenheiten Ihrer Kunden.
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Zenith Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden B2B startups

Zeniths vision is to become the obvious partner for entrepreneurs and investors. We believe this will be achieved by helping entrepreneurs to build fantastic companies and thus deliver attractive return to our investors.

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Investment focus

  • Industry: Software, Sports, Apps
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 23
  • Round size: Seed $772k–$4.5M; Series A $2M–$12M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Cerve — Cerve helps food and beverage companies turn fragmented data into reliable insights and agentic automations.
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • CoCoach — Eine Plattform unter deiner Marke, ein ganzes Team dahinter: Marketing, Vertrieb, Daten, Operations. Wachse mit Gruppencoaching, ohne Leute einzustellen.
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SuperSeed Ventures
VC Fund · London, England, United Kingdom · 1 investments in Sweden B2B startups, 6 in the past 12 months

London-based VC backing pre-seed and seed-stage technical founders bringing AI to manufacturing, logistics, construction, defence, energy, and infrastructure.

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Investment focus

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

Investor stats

  • Total investments: 43
  • Round size: Seed $1M–$8M; Pre-Seed $1.2M–$3.9M; Series A $5M–$14M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $42M in 2022

Portfolio highlights

  • All3 — All3 uses AI and robotics to design, manufacture, and assemble buildings through a unified system. The company provides an end-to-end system that combines AI-driven architectural design, robotic off-site manufacturing, and automated on-site assembly for residential and commercial structures. Its platform enables customized building components to beproduced and assembled with software-controlled workflows, reducing reliance on manual processes and fragmented supply chains.All3 also offers vertically integrated services that cover planning, engineering, fabrication, and construction delivery, allowing developers to manage projects within a single system. Its technology supports complex building designs and constrained urban sites by adapting production and assembly processes to specific project requirements.
  • SOLVE — SOLVE have developed novel transient flow techniques that extend the capabilities of current approaches. SOLVE’s products leverage technology for the efficient collection of data from chemical reactions, as well as predictive computational models tuned based on the collected data. Both the data by itself, as well as the models, are used to informthe reaction conditions and solvent mixtures applied to manufacture chemical compounds at different scales of production.
  • HIVE — A new era of work. Limitless.
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Nordic Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden B2B startups

A leading private equity investor helping to build market-leading businesses across Healthcare, Tech & Pay, Financial Services and Services & Industrial Tech.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Venture - Series Unknown, Private Equity
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 61
  • Round size: Private Equity $11M–$533M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $9.5B in 2022

Portfolio highlights

  • Regnology Group — With a singular focus on regulatory reporting and data, Regnology delivers powerful solutions for financial institutions, regulators and tax authorities.
  • Minerva Imaging — We are an integrated CRO and CDMO focusing on using advanced oncology models and molecular imaging for translational cancer research and drug development.
  • Hargreaves Lansdown — Hargreaves Lansdown is an award-winning investment and active saving service - explore our ISAs, pensions, investments and active savings accounts.
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B2B VC funding in Sweden at a glance

Stats across 74 deals from 104 investors.

104
investors
in Sweden B2B startups
74
deals
in Sweden B2B startups
$1.4M
median round
in Sweden B2B startups
47%
lead investors
lead at least one round
28%
Seed
most common funding stage

Access all 104 VC funds in Sweden B2B startups.

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