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Top 40 CleanTech Startup Investors in Sweden (July 2026)

The most active venture capital funds and angel investors investing in Sweden CleanTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden CleanTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Chalmers Ventures AB
VC Fund
14 Sweden Pre-Seed, Seed Software, Biotechnology, Information Technology $5k–$2.7M
Verdane
VC Fund
2 Sweden, Norway, Germany Private Equity, Series A Software, E-Commerce, Information Technology $4.5M–$100M
Korys
VC Fund
2 Belgium, The Netherlands, Germany Series B, Series A Biotechnology, Renewable Energy, Information Technology $3.9M–$50M
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
Kinnevik
VC Fund
2 United States, Sweden, Germany Series B, Series A, Series C E-Commerce, Health Care, FinTech $2M–$200M
Industrifonden
VC Fund
2 Sweden, United States, Denmark Series A, Seed Biotechnology, Software, Information Technology $1.3M–$21M
Almi Invest
VC Fund
2 Sweden, United States, Ukraine Seed, Pre-Seed Software, Health Care, Information Technology $193k–$2.2M
Collaborative Fund
VC Fund
2 United States, United Kingdom, South Korea Seed, Series A, Series B Software, Food and Beverage, Health Care $1.2M–$85M
Santander InnoEnergy Fund
VC Fund
2 Sweden, Germany, Spain Seed, Series A Energy, Battery, Software $3.3M–$12M
Climentum Capital
VC Fund
2 Sweden, Norway, Germany Seed, Series A, Series B CleanTech, Energy, Clean Energy $2.1M–$16M
KTH Holding
VC Fund
2 Sweden Seed, Pre-Seed Software, Information Technology, Biotechnology $270k–$5.5M
Volvo Group Venture Capital
VC Fund
1 United States, Sweden, Israel Series B, Series A Transportation, Software, Logistics $565k–$200M
Midroc New Technology
VC Fund
1 Sweden Seed, Series A Energy, Renewable Energy, Manufacturing
GLD Invest / GLD Holding AB
VC Fund
1 Sweden, United States Seed, Angel AgTech, Energy, Genetics
TomEnterprise Private
VC Fund
1 United States, Sweden, Slovakia (Slovak Republic) Series A, Venture - Series Unknown, Post-IPO Equity Manufacturing, Information Technology, Solar $11M–$44M
Siemens
VC Fund
1 United States, Germany, United Kingdom Series A, Debt Financing Renewable Energy, Energy, Information Technology $3.7M–$559M
Zero4Climate
VC Fund
1 Sweden Pre-Seed Software, CleanTech, Energy Storage
COREangels Climate
VC Fund
1 Italy, Switzerland, Spain Seed, Pre-Seed, Series A Energy, CleanTech, Renewable Energy $943k–$5.2M
Butterfly Ventures
VC Fund
1 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.3M
Unit E Investments
VC Fund
1 Sweden Series A CleanTech, Clean Energy
Boundary Holding
VC Fund
1 Switzerland, India, France Seed, Series A Drones, Robotics, Artificial Intelligence $18k–$4.7M
St1
VC Fund
1 Sweden Series A CleanTech, Clean Energy
Rikard Steiber
Angel
1 Sweden, United States, Czech Republic Seed, Angel, Series A Software, Virtual Reality, Sports $150k–$15M
Sting Capital
VC Fund
1 Sweden Seed, Pre-Seed Software, Apps, Medical
RWE
VC Fund
1 United States, Germany, Sweden Series A, Series B Renewable Energy, Clean Energy, Energy
Lingotto
VC Fund
1 United States, Germany, United Kingdom Series A, Series B Artificial Intelligence, Biotechnology, Energy $20M–$159M
Orkla Ventures
VC Fund
1 Norway, Sweden Seed Baby, AgTech, Software $200k–$1M
Zenith Venture Capital
VC Fund
1 Sweden, Denmark, Finland Seed, Series A Software, Sports, Apps $531k–$12M
Blq Invest
VC Fund
1 Sweden Seed, Series A Software, Information Technology, SaaS $1.9M–$9.6M
Draper B1
VC Fund
1 Spain, United States, Italy Seed, Pre-Seed, Series A Software, SaaS, Information Technology $200k–$10M
Granitor
VC Fund
1 Sweden Seed, Series A Clean Energy, Nuclear, CleanTech
Enzo Ventures
VC Fund
1 Spain, United States, Sweden Pre-Seed, Seed, Series A Software, Financial Services, Artificial Intelligence $269k–$21M
Climate-KIC
VC Fund
1 Germany, Italy, Switzerland Seed, Grant, Convertible Note CleanTech, Sustainability, GreenTech $17k–$1.9M
ImpactAssets
VC Fund
1 United States, Ghana, India Seed, Series A, Pre-Seed Health Care, Software, Biotechnology $500k–$35M
Antler
VC Fund
1 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
GOKAP Invest
VC Fund
1 Sweden Seed, Pre-Seed FinTech, Internet, CleanTech
Almi Invest GreenTech
VC Fund
1 Sweden, United States Seed, Venture - Series Unknown Chemical, Manufacturing, Waste Management $500k–$6.4M
Altor
VC Fund
1 Sweden, Norway, United States Private Equity, Post-IPO Equity Manufacturing, E-Commerce, Energy $8.8M–$1.9B
Inclimo Climate Tech Fund
VC Fund
1 Spain, Sweden, Germany Series A, Seed, Venture - Series Unknown Software, E-Commerce, Transportation $1.4M–$8.4M
Creades AB
VC Fund
1 Sweden, United States, Luxembourg Seed, Series A Software, E-Commerce, Apps $2.1M–$91M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 14 investments in Sweden CleanTech startups

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

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 211
  • Round size: Seed $290k–$2.7M; Pre-Seed $5k–$309k
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Anferra — Anferra specializes in hydrometallurgy, utilizing methods for resource-efficient recycling of steel industry waste into iron chloride.
  • Arkeon Technologies — Arkeon Technologies is a deep-tech company developing innovative solutions for scalable superconducting quantum computing. Its patented technology enables precise post-fabrication tuning of qubit frequencies, improving quantum chip performance, yield, and reliability. By addressing key manufacturing challenges, Arkeon helps accelerate thedevelopment of large-scale quantum processors for next-generation computing.
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Verdane
VC Fund · Oslo, Oslo, Norway · 2 investments in Sweden CleanTech startups

The preferred growth partner to tech-enabled businesses in Northern Europe.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Private Equity, Series A
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 135
  • Round size: Series A $4.5M–$29M; Private Equity $10M–$100M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $8.6M in 2013

Portfolio highlights

  • Cool Company — Cool Company Scandinavia AB is a self-employment business that simplifies and streamlines the administration of consultants and freelancers to bill without private companies. For clients Cool Company offers the possibility to hire expertise that you have chosen yourself, without hiring. Cool Company takes full responsibility. The company wasfounded in 2009.
  • Release — Release engages in the mobile phone re-commerce market.
  • Industrial Internet Of X AB — Industrial Internet Of X AB (IIOX0 offers a secure Internet of Things platform for enterprise applications, primarily in industry and energy. The cloud-based platform collects, harmonizes, aggregates and distributes machine data in real time and transforms it into useful information and knowledge. Adding IIOX to your existing OT (operationaltechnology) and IT environments enables new digital capabilities. These, in turn, improve the efficiency of your existing business and facilitate new business models and service innovation.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 2 investments in Sweden CleanTech startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 48
  • Round size: Series A $3.9M–$13M; Series B $6.4M–$50M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Entrix — Entrix is an optimisation and trading platform for grid-scale battery storage that accelerates the transition towards a clean energy future. Our mission is to enable the most effective use of green energy and to ensure the reliability of the future energy system. We provide state-of-the-art technology and services to both asset owners and potentialinvestors across the globe.
  • OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
  • Ona Therapeutics — Ona Therapeutics is a biotech company that specializes in the discovery and development of therapeutic biologics targeting tumor metastatic-initiating cells and lipid metabolism. Founded in 2019 by Salvador Aznar-Benitah and Valerie Vanhooren, it was a spin-off from ICREA and Advanced Studies, and the IRB Institute for Research in Biomedicine.
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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden CleanTech 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
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $960k–$5.4M; Series A $8.3M–$21M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2023

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.
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Kinnevik
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden CleanTech startups

Kinnevik is an industry-focused investment company with an entrepreneurial spirit. Its purpose is to build digital consumer businesses that provide more and better choices. The company does this by working in partnership with talented founders and management teams to create, invest in, and lead fast-growing businesses in developed and emergingmarkets.Kinnevik believes in delivering both shareholder and social value by building well-governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor, and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large-cap companies under the ticker codes KINV A and KINV B.

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Investment focus

  • Industry: E-Commerce, Health Care, FinTech
  • Stage:Series B, Series A, Series C
  • Geography: United States, Sweden, Germany

Investor stats

  • Total investments: 167
  • Round size: Series A $2M–$91M; Series B $21M–$120M; Series C $40M–$200M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Zalando — Zalando is a European online fashion platform- offering a broad assortment of fashion for men, women and children. It carries over 1.500 brands and over 150.000 product choices for over 17 million customers in 15 countries. By constantly optimising its processes and platform offerings, using its e-commerce expertise and lots of can-do spirit,Zalando have become Europe's leading online fashion retailer in only a few years. Its goal is to create the world’s best online fashion experience. The cores of its business are what the company focuses on, always striving to be cutting-edge in fashion, technology, marketing, and logistics. Zalando SE in Berlin is the group’s centrepiece which focuses on the development of its core product: the online shopping experience. Zalando SE operates the international business and takes care of their business development. Zalando SE comprises functions like the management, marketing, administration, and technology.
  • Oda — Oda is an online grocery retailer that provides door-to-door delivery services. It offers a huge range of fresh produce groceries to millions of doorsteps. Using the data-driven methodology, with a focus on sustainability all the way along the chain, the company aims to build an efficient retail system in the world. The company was founded in2013 and is headquartered in Oslo, Norway.
  • Global Fashion Group — Global Fashion Group (GFG) is the leading fashion and lifestyle destination in LATAM, SEA & ANZ.
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden CleanTech startups

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

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Investment focus

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

Investor stats

  • Total investments: 194
  • Round size: Seed $1.3M–$6.2M; Series A $3.3M–$21M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Gesynta Pharma — Founded in 2017, Gesynta Pharma bases its R&D on research from the Karolinska Institutet. The most advanced drug candidate, GS-248, reduces inflammation and increases blood flow in the microvasculature, thereby having the potential to provide improved treatments for several serious diseases. In an ongoing clinical proof-of-concept study,GS-248 is being evaluated for its capacity to normalize vascular blood flow and reduce pain in patients with the autoimmune disease systemic sclerosis. Positive results from this study may lead to a rapid broadening of the development program towards additional indications, for example cardiovascular diseases and rheumatic diseases other than systemic sclerosis. Major shareholders include Industrifonden, Linc, Hadean Ventures, and a number of successful life science entrepreneurs. For more information, please visit www.gesynta.se
  • Peafowl Plasmonics — IOSBET menyediakan akses slot demo Pragmatic resmi dengan pilihan game terbanyak, pendaftaran mudah, sistem aman, serta pengalaman bermain nyaman tanpa risiko.
  • Trackpaw Scientific — Contributing to the development of safe and effective pharmaceuticals at increased speed and quality by digitalising the preclinical study landscape.
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden CleanTech 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:Seed, Pre-Seed
  • Geography: Sweden, United States, Ukraine

Investor stats

  • Total investments: 279
  • Round size: Seed $193k–$2.2M; Pre-Seed $236k–$1.4M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Xaga Surgical — Xaga Surgical aims to minimize the risk of infections by inventing safer medical needles.
  • Inhalation Sciences — The PreciseInhale patented aerosol generation R&D platform delivers respirable dry powder aerosols from preclinical cell studies all the way through to human clinical trials, significantly accelerating drug development timelines. The platform’s one-animal-at-a-time system requires just milligrams, not grams of costly test substance for a fullPK study and delivers high-resolution lung data of, typically, <10% SD. We carry out Contract Research for novel and generic inhalation drug developers, toxicology and environmental research institutes and university research institutes in the inhalation and aerosolization field.
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Collaborative Fund
VC Fund · New York, New York, United States · 2 investments in Sweden CleanTech startups

Collaborative Fund is a leading source of capital for entrepreneurs pushing the world forward.

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Investment focus

  • Industry: Software, Food and Beverage, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, South Korea

Investor stats

  • Total investments: 310
  • Round size: Seed $1.2M–$10M; Series A $4.7M–$40M; Series B $18M–$85M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Fuse Energy — Fuse Energy is building the future of energy with cheaper tariffs, better service, and greener goals. Switch to Fuse Energy today
  • Mentat — Mentat is a legal tech company that offers an AI powered platform for legal document preparation.
  • Switchboard — Switchboard's service design, coaching, and software offerings generate real results for higher ed teams and institutions.
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Santander InnoEnergy Fund
VC Fund · 2 investments in Sweden CleanTech startups

Santander Climate Tech Fund is a venture capital fund managed by Santander Asset Management and EIT InnoEnergy.

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Investment focus

  • Industry: Energy, Battery, Software
  • Stage:Seed, Series A
  • Geography: Sweden, Germany, Spain

Investor stats

  • Total investments: 7
  • Round size: Seed $3.3M–$5.5M; Series A $11M–$12M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Zparq — Zparq designs and manufactures marine electric propulsion products.
  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
  • Bee Planet Factory — BeePlanet Factory develops technological projects based on the reuse of batteries removed from the electric car. These batteries are called B2U (Battery 2nd Use). At the end of their original application, they keep intact a large storage capacity (70%-80%) and still offer high performance, which makes them perfectly functional for other uses, suchas stationary energy storage.The company was founded in 2018 and is headquartered in Noáin, Comunidad Foral de Navarra.
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Climentum Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Sweden CleanTech startups

A Venture Capital firm investing into European early-stage tech companies attacking CO2 emissions

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Investment focus

  • Industry: CleanTech, Energy, Clean Energy
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $2.1M–$6M; Series A $5M–$16M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $176M in 2022

Portfolio highlights

  • Eqon — Eqon is a technology company specialising in intelligent control systems for electrical heating, with a primary focus on reducing energy consumption and costs.
  • One.Five — Grow your strategic edge with AI-generated solutions that deliver the ultimate packaging performance, affordability & sustainability
  • Nature Robots
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Access 48,091 investors

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

Browse database — It's Free!
KTH Holding
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden CleanTech startups

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

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 22
  • Round size: Seed $270k–$5.5M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • porkchop — In-space logistics for SmallSats in Low Earth Orbit and beyond.
  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Volvo Group Venture Capital
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden CleanTech startups

We invest in companies at the forefront of service orientation and product differentiation in the transport and infrastructure industries.

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Investment focus

  • Industry: Transportation, Software, Logistics
  • Stage:Series B, Series A
  • Geography: United States, Sweden, Israel

Investor stats

  • Total investments: 34
  • Round size: Series A $565k–$16M; Series B $17M–$200M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Waabi — Waabi operates as a self-driving technology start-up. Waabi is bringing the promise of self-driving closer to commercialization than ever before.
  • Trucksters — We are a transportation company that focuses on providing long distance FTL trucking service through an innovative relay system based on artificial intelligence. We achieve transit times similar to air transport while reducing the costs of traditional road transportation.
  • Aifleet — aifleet is a tech-powered trucking company based in Austin, TX. The company is using proprietary technology to rebuild and humanize trucking for hard-working drivers.
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Midroc New Technology
VC Fund · Solna, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech startups

The area of New Technologies is highly interesting to us.The companies in this area are often relatively small and new. Midroc has an understanding for entrepreneurism and innovations and can give significant support to innovative companies.We contribute to the process of building profitable companies, and possibly market leadingcorporations, out of innovative ideas. It is an interesting business with a useful function as commercial development of new technology in most cases requires financing and support from a venture capitalist.The potential for global and innovative technologies regarding alternative fuels, energy, environmental technology and a greener future is really without limitations or boundaries.The goal for Midroc New Technology is to go for inventions that gives a good return and at the same time also provides useful global and environmental benefits.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 13
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Kärnfull — The Nordic region's very first 100% nuclear electricity provider. An ecorational tech-enabler raising funds to science and R&D in next-gen nuclear via every delivered kilowatt-hour. Currently active in Sweden and Denmark, with Midroc New Technology as minority owners. Driven by a rapid organic growth, supplying thousands of householdsand SMEs with the cleanest energy available (Swedish nuclear, 2,5g CO2/kWh) by means of a fully digital service and Guarantees of Origin (GOOs). Supported by pro-bono advisors José Gonzalez (artist), Caroline Cochran (Oklo), Steven Pinker (Harvard), Christian Ekberg (Chalmers), Kirsty Gogan (TerraPraxis), Eric Ingersoll (LucidCatalyst), Johan Carlsson (producer), Klara Insulander Björk (Chalmers).
  • CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
  • Reliefed Technologies — Reliefed offers non-metallic flow plates as an affordable and sustainable alternative for heat exchangers, fuel cells, electrolysers, cold plates, etc.
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GLD Invest / GLD Holding AB
VC Fund · Täby, Uppsala Lan, Sweden · 1 investments in Sweden CleanTech startups

GLD Invest is a private company investing in the early venture phase of companies.

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Investment focus

  • Industry: AgTech, Energy, Genetics
  • Stage:Seed, Angel
  • Geography: Sweden, United States

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Grönska — Grönska is a young, Swedish tech-company that develops technology for vertical farming, and grows and sells vegetables and herbs. Vertical farming that is based on the use of LED lighting and hydroponic watering systems. This method allows us to grow food indoors, locally and all year round. The reason we do this is to offer a sustainable, locallygrown alternative to imported food and to enable more self-sufficient cities.Grönska was founded in 2014 and constructed the largest vertical farm in the Nordics in 2018.
  • 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.
  • BOSS Startup Science — BOSS Startup Science is a business operational support system.
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TomEnterprise Private
VC Fund · 1 investments in Sweden CleanTech startups

TomEnterprise Private operates as a family investment office.

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Investment focus

  • Industry: Manufacturing, Information Technology, Solar
  • Stage:Series A, Venture - Series Unknown, Post-IPO Equity
  • Geography: United States, Sweden, Slovakia (Slovak Republic)

Investor stats

  • Total investments: 7
  • Round size: Series A $11M–$15M; Venture - Series Unknown $15M–$44M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • DiaMedica — DiaMedica Therapeutics is a biopharmaceutical company that specializes in creating synthetic proteins to treat a variety of conditions.
  • GA Drilling — GA Drilling is a high-tech company developing and commercializing a groundbreaking technology platform PLASMABIT. Our technology enables massive time and cost savings compared to relevant existing drilling technologies and opens up vast new possibilities in oil & gas, geothermal energy, mining and tunneling.
  • Sennos — Sennos offers a real-time monitoring solution that enhances control over the fermentation process. Its flagship product, the BrewMonitor System, helps ensure complete product consistency, increases manufacturing efficiency, and enables greater business profitability. Together, the solution's sensor-array device and web-based software suitecontinuously live-streams data from an active fermentation, offering complete fermentation process visibility and control that entirely replaces trial-and-error measurements and enables excellent product and business outcomes.It was founded in Durham, North Carolina.
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Siemens
VC Fund · Munich, Bayern, Germany · 1 investments in Sweden CleanTech startups, 8 in the past 12 months

Discover Siemens as a strong partner, technological pioneer and responsible employer.

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Investment focus

  • Industry: Renewable Energy, Energy, Information Technology
  • Stage:Series A, Debt Financing
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 49
  • Round size: Series A $3.7M–$13M; Debt Financing $80M–$559M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Hygenco — Hygenco develops and deploys scaled-up commercially attractive Green Hydrogen and Green Ammonia production assets.
  • Xometry — Xometry is a leader in high-precision production part and prototyping manufacturing on demand. Get instant quotes on CNC machining, 3D printing, sheet metal fabrication, laser cutting, and more.
  • PhysicsX — PhysicsX develops AI-powered engineering software that combines physics-based modeling, simulation, data management, and machine learning to support product development, manufacturing, and operational workflows. Its platform enables organizations to build, train, deploy, and manage AI models that work alongside numerical simulations, helpingengineers evaluate designs, optimize processes, and analyze complex physical systems. The company provides tools for simulation orchestration, AI model development, data integration, and engineering applications within a unified environment. PhysicsX serves industries such as aerospace, automotive, semiconductors, materials, and energy, where engineering teams use its software to support design exploration, performance analysis, and decision-making across the product lifecycle.
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Zero4Climate
VC Fund · 1 investments in Sweden CleanTech startups

Zero4Climate is referenced as a climate-focused investment fund participating in early-stage clean energy and grid innovation startups.

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Investment focus

  • Industry: Software, CleanTech, Energy Storage
  • Stage:Pre-Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Tether — At Tether, we're on a mission to democratize the Energy Transition and empower individuals to fight climate change. Our software converts electric vehicles into energy storage units, allowing owners to play an active role in reducing their carbon footprint and earn rewards in the process. By controlling the charging of EVs connected to privatechargers throughout the city, we're able to provide grid flexibility, reduce electricity costs for owners, and even generate passive income for EV owners through profit sharing. We believe that climate leadership is not just about individual impact, but the collective efforts of like-minded individuals to effect real, actionable change. Our synchronized EV charging reduces the need for compensating fossil fuels, while allowing for the introduction of even more renewable power. At Tether, we stand behind our belief that great things can be achieved when we come together.
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COREangels Climate
VC Fund · Roma, Lazio, Italy · 1 investments in Sweden CleanTech startups

COREangels Climate co-invests along with top tiers Venture Capital Funds in the best Southern European early stage startups that are contributing to fight climate change.

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Investment focus

  • Industry: Energy, CleanTech, Renewable Energy
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Italy, Switzerland, Spain

Investor stats

  • Total investments: 13
  • Round size: Seed $1.2M–$5.2M; Pre-Seed $943k–$2.2M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Energiot — Energiot specialized engineering service in energy harvesting, self-powered devices, wireless sensor networks.
  • SolidWatts — We electrify industrial process heating by creating the new state-of-the-art in microwave and radio frequency power sources for industry.
  • Neology Hydrogen — Ammonia-based energy solution for commercial transportation.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 1 investments in Sweden CleanTech startups

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

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Investment focus

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

Investor stats

  • Total investments: 87
  • Round size: Seed $373k–$2.1M; Pre-Seed $110k–$4.3M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • CooliBlade — Superior power electronics cooling solutions for applications like solar and wind energy, energy storage, EV charging and telecommunications.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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Unit E Investments
VC Fund · 1 investments in Sweden CleanTech startups

Unit E Investments is an investment firm.

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Investment focus

  • Industry: CleanTech, Clean Energy
  • Stage:Series A
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Boundary Holding
VC Fund · Luxembourg, Luxembourg, Belgium · 1 investments in Sweden CleanTech startups

Boundary Holding is a European deep tech investment firm with presence in Luxembourg and France that invests in technologies enabling 4th industrial revolution.

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Investment focus

  • Industry: Drones, Robotics, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Switzerland, India, France

Investor stats

  • Total investments: 40
  • Round size: Seed $18k–$4.7M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Aero41 — Aero41 is developing a drone entirely dedicated to crop protection, a flexible and intelligent platform that will integrate AI and collect data to make crop protection more and more eco-responsible while being effective to ensure the necessary yields.
  • Neo Medical — Neo aims at transforming the current approach to spinal surgery by providing a unique answer to the worldwide strive for healthcare cost optimization through efficient, versatile and high quality systems.
  • Remidio Innovative Solutions — Remidio is engaged in designing & developing Smart, Innovative & Disruptive Imaging Technologies in Vision Care, using a product development approach called “Design Thinking”.As part of the Design Thinking process, Remidio takes into account different facets of a customer’s experience with a product, as part of its overall productdesign approach, with the intent of inventing a new customer experience with the product.Customers can be an amazing resource to glean insight and understanding, but they are generally not able to articulate their latent and anticipated needs. Remidio hence focuses on making quick functional prototypes, that can then be given to the customer to understand these latent needs while observing their use of the prototypes.Founded by professionals with a passion for product innovation, Remidio is currently focussed on creating game changing products and solutions in the ophthalmology space.We look at constraints posed by a developing nation context- infrastructure, skilled resources and affordable pricing as an opportunity to innovate.We bring to market very high quality products that are reliable and extremely simple to use.
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St1
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Sweden CleanTech startups

St1 is a Finnish energy company and their vision is to be a leading manufacturer and seller of CO2 good energy.

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Investment focus

  • Industry: CleanTech, Clean Energy
  • Stage:Series A
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Rikard Steiber
Angel · Atherton, California, United States · 1 investments in Sweden CleanTech startups

I am an entrepreneurial and experienced CEO. I have successfully built, launched, and grown multiple new global businesses at companies such as Google (Internet), Modern Times Group (media), and HTC VIVE (VR). Proven ability to successfully create and communicate corporate visions and strategies, hire and motivate top talent, and lead global sales,marketing, and product teams.Board member of companies such as Cision (software), Scandic Hotels (hotels), and Raymond (solar). Trusted advisor to large firms such as Ericsson and EQT, and cutting-edge startups like Einride (electric trucks), Jetson (flying cars), and Elonroad (electric roads).World class keynote speaker at international conferences such as MWC, GDC, IBC, CES, and invited speaker at Harvard, Stanford, and MIT. I am a future astronaut with Virgin Galactic, and the founder of WIT Global Women In Tech network and events.

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Investment focus

  • Industry: Software, Virtual Reality, Sports
  • Stage:Seed, Angel, Series A
  • Geography: Sweden, United States, Czech Republic

Investor stats

  • Total investments: 15
  • Round size: Seed $150k–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • unitQ — unitQ's product quality monitoring platform empowers businesses to take a data-driven approach to product quality so they can fix the right quality issues smarter and faster.
  • Einride — Einride designs state-of-the-art supply chain technology for global industries that want to lower emissions and increase efficiency.
  • Jetson Aero — Your personal aircraft in aluminium and carbon fibre, powered with eight powerful electric motors.
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Sting Capital
VC Fund · Kista, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech startups

Sting – Stockholm Innovation & Growth enables talented people to turn their ideas into sustainable businesses. The support they offer includes qualified coaching in business development, a business angel network, a venture capital fund, a recruitment service, and an international network of investors, business contacts and experts. Itcontribute to the success of Sweden’s future technology companies by helping them to grow and compete internationally.

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Investment focus

  • Industry: Software, Apps, Medical
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • Prion — Prion makes it quick and easy for the preschool staff to give parents insight into what happens at preschool - together with the children. The app is available free for iPhone, Android and iPad.
  • Texelio — Texelio a company who is set to redefine financial market news by developing AI which empowers the customers of Retail banks, Online Brokers and Investment Service platforms.
  • Minnemera — Minnemera develops digital neurocognitive tests.
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RWE
VC Fund · Essen, Nordrhein-Westfalen, Germany · 1 investments in Sweden CleanTech startups

RWE has reliably supplied people and companies with electricity for more than 120 years – night and day. Many of us take electricity for granted. As well as the fact that it comes out of our sockets at any time. And we can, because power generators like RWE make sure that it does – with clean, secure and affordable electricity.

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Investment focus

  • Industry: Renewable Energy, Clean Energy, Energy
  • Stage:Series A, Series B
  • Geography: United States, Germany, Sweden

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • BitOoda — BitOoda is developing a full-lifecycle suite of sophisticated products and services for data centers, miners, and HPC consumers, based on our four core business lines.
  • BigchainDB — With high throughput, low latency, powerful query functionality, decentralized control, immutable data storage and built-in asset support, BigchainDB is like a database with blockchain characteristics.
  • Carbon Trust — Our mission is to accelerate the delivery of a sustainable, low carbon economy by helping businesses, governments and organisations across the globe to reduce carbon emissions and increase resource efficiency. We have a global team of more than 200 sustainability experts, including engineers, financiers and policy specialists, and almost twodecades of experience in the climate change sector. We reinvest surpluses from group commercial activities into our mission.
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Lingotto
VC Fund · London, England, United Kingdom · 1 investments in Sweden CleanTech startups

Lingotto is an investment management company owned by Exor, one of Europe's largest diversified holding companies.

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Investment focus

  • Industry: Artificial Intelligence, Biotechnology, Energy
  • Stage:Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Series A $20M–$91M; Series B $55M–$159M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Minerva — Minerva uses advanced statistical modeling, artificial intelligence, and data science to create forecasts of income and assets.
  • NEURA Robotics — Cognitive Robotics for Real-World Applications: NEURA Robotics enables safe and smart robot integration for Industry, Work and Everyday Life
  • TVS Industrial & Logistics Parks — TVS ILP is the largest players in the organized logistics and warehousing market in India. We have ready to use logistics facilities of global standards in India.
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Orkla Ventures
VC Fund · 1 investments in Sweden CleanTech startups

Orkla Ventures promotes innovation and creativity opening up the possibility of investing directly in start-up companies. It focuses primarily on technology, concepts, and business models that might be relevant for Orkla’s businesses. The firm was established in 2017 to reach out to a growing universe of entrepreneurial businesses and startupcompanies engaged in innovation outside established companies.

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Investment focus

  • Industry: Baby, AgTech, Software
  • Stage:Seed
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $200k–$1M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • GroGro — Uvanligere enn du tror.
  • Farmforce — TECH THAT MAKES A DIFFERENCE
  • Bower — Bower has developed an app that enables consumers to receive a deposit value when recycling their packaging at regular recycling stations.
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Zenith Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech 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
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 23
  • Round size: Seed $531k–$4.5M; Series A $1.8M–$12M
  • Lead/follow: 35% lead, 65% follow

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.
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • CoCoach — Build your dream coaching business with everything you need from day one. Get the 4 essential parts you need for a successful headstart.
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Blq Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech startups

We are company builders in the valley of death.

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Seed $1.9M–$9.6M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Ingrid — Ingrid was founded with a mission to create delivery experiences that fit people's lives by letting e-commerce businesses deliver sustainable growth and giving shoppers the power to personalize delivery and returns. The result is a better overall customer experience and greater efficiency for both the retailer and the delivery carrier.
  • Kodiak Hub — Kodiak Hub cloud-based Supplier Relationship Management Platform is your engine for building smart & sustainable supplier relationships.
  • Bower — Bower has developed an app that enables consumers to receive a deposit value when recycling their packaging at regular recycling stations.
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Draper B1
VC Fund · Valencia, Comunidad Valenciana, Spain · 1 investments in Sweden CleanTech startups, 8 in the past 12 months

We invest in you. Our commitment to innovation and entrepreneurship is your best ally to expand your business. Find out how we can boost your project!

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Investment focus

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

Investor stats

  • Total investments: 118
  • Round size: Seed $200k–$2.8M; Pre-Seed $224k–$1.5M; Series A $1.2M–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $106M in 2022

Portfolio highlights

  • ARCA — Plataforma digital para planes de pensiones de empleo. Soluciones para gestoras, empresas y partners.
  • Hirevoice — Hirevoice provides an AI-driven voice interview platform for automated candidate screening and skills-based assessment. The platform conducts conversational voice interviews that adapt question complexity in real time to evaluate technical, strategic, and role-specific skills. It analyzes responses for reasoning, expertise, and execution, producingstructured scores, summaries, and reports for recruiting teams. Hirevoice integrates via API with applicant tracking systems, CRMs, and HRIS tools and offers a unified dashboard for candidate data, scoring, and insights. It supports multilingual interviewing in many languages and includes mechanisms to reduce cheating and support compliant data governance. The service is designed for companies that run high-volume or skills-focused recruitment processes and want to automate early-stage interviews while retaining human oversight of hiring decisions.
  • Spacebackend — Spacebackend is redefining how aerospace teams handle mission-critical integration. Our platform, Lynapse, is an AI-powered system integration environment designed for engineers-in-the-loop. We empower software integration and AIT/AIV teams to bridge the gap from hardware interface to flight-ready software - starting in the design phase andcontinuing through end-to-end integration.By decoupling software readiness from physical hardware and leveraging AI to automate the implementation of complex interfaces, we reduce integration effort from years to days. Lynapse uses AI to convert complex ICD documentation into digital models, automatically producing, testing, and validating platform-agnostic source code.Our workflow ensures every line of code is deterministic, engineer-approved, and fully traceable from documentation to deployment. Whether you are generating platform-agnostic code from scratch or validating existing flight software against a digital ICD model, Lynapse exposes failures and readiness gaps early - when it matters most. Build integration readiness today.
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Granitor
VC Fund · 1 investments in Sweden CleanTech startups

Granitor is develop tomorrow's society and industry.

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Investment focus

  • Industry: Clean Energy, Nuclear, CleanTech
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Kärnfull — The Nordic region's very first 100% nuclear electricity provider. An ecorational tech-enabler raising funds to science and R&D in next-gen nuclear via every delivered kilowatt-hour. Currently active in Sweden and Denmark, with Midroc New Technology as minority owners. Driven by a rapid organic growth, supplying thousands of householdsand SMEs with the cleanest energy available (Swedish nuclear, 2,5g CO2/kWh) by means of a fully digital service and Guarantees of Origin (GOOs). Supported by pro-bono advisors José Gonzalez (artist), Caroline Cochran (Oklo), Steven Pinker (Harvard), Christian Ekberg (Chalmers), Kirsty Gogan (TerraPraxis), Eric Ingersoll (LucidCatalyst), Johan Carlsson (producer), Klara Insulander Björk (Chalmers).
  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Enzo Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Sweden CleanTech startups, 6 in the past 12 months

We are an early-stage VC fund investing in tech companies that meet future generation needs

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Spain, United States, Sweden

Investor stats

  • Total investments: 26
  • Round size: Seed $293k–$7.5M; Pre-Seed $269k–$2.2M; Series A $5.4M–$21M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $23M in 2022

Portfolio highlights

  • Opereit — Opereit believes that their AI agents can become a vital tool for logistics operators, transforming a neglected area of loss into a source of recovered revenue.
  • Remuner — Say goodbye to spreadsheets. Remuner is the sales compensation software that automate your commissions and drive performance.
  • Orbio — Orbio is an AI native system firm that aids companies to create dynamic talent, eliminate repetitive work and deliver business impact.
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Climate-KIC
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Sweden CleanTech 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 $274k–$1.9M; Grant $17k–$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 a grid and carbon-aware cloud infrastructure platform that reduces AI and ICT emissions by up to 85% while lowering compute costs for organizations worldwide. GreenPow Holdings sits at the center of this group, owning the core intellectual property behind the MAIZX carbon-aware orchestration engine, the Carbon Ledger, and the automationframework deployed across private, hybrid, and sovereign cloud environments.Through its subsidiaries in Estonia, Germany, and Costa Rica, GreenPow operates renewable-powered cloud nodes, provides private-cloud-as-a-service for enterprises, and delivers a carbon-intelligent compute platform. It combines real-time emissions tracking, workload automation, and compliance-grade reporting aligned with CSRD, ESG, and data sovereignty requirements.Through customer aquisition and pilot experimentation, GreenPow delivers operative 78% gross margins and achieves around 52% CO₂ reduction per compute-hour versus baseline cloud workloads, while leveraging a distributed, high-efficiency infrastructure footprint. Its mission is to build the world’s first federated, carbon-intelligent cloud a platform where workloads automatically run in the cleanest and most efficient locations available.Positioned at the intersection of AI infrastructure, sustainability, and cloud automation, GreenPow is creating a next-generation compute ecosystem designed to power climate-aligned digital transformation for enterprises, governments, and emerging markets.Carbon-aware cloud, green cloud computing, private cloud, sovereign cloud, AI infrastructure, ESG, CSRD, carbon accounting, carbon optimization, cloud orchestration, hybrid cloud, multi-cloud, DevOps automation, clean tech, sustainability, green compute, iaas,paas.
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ImpactAssets
VC Fund · Bethesda, Maryland, United States · 1 investments in Sweden CleanTech 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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Antler
VC Fund · Singapore, Central Region, Singapore · 1 investments in Sweden CleanTech 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: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1821
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$755k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Deja — Modern Rituals & Natural Products from the Ancient Science of Ayurveda
  • Enoki Inc — Multiplayer-enabled tools for developers. Enoki has 18 repositories available. Follow their code on GitHub.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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GOKAP Invest
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden CleanTech startups

GOKAP was established with the intention of providing interested parties with a new investment opportunity for long-term value growth and returns through dividends, disposals, or listings.

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Investment focus

  • Industry: FinTech, Internet, CleanTech
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
  • Econans — Econans provides digital simulation and advice services for personal finances, generating more confident consumers and higher conversion for banks and real-estate firms.
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Almi Invest GreenTech
VC Fund · 1 investments in Sweden CleanTech startups

Almi Invest GreenTech is a venture capital company and an active start-up investor.

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Investment focus

  • Industry: Chemical, Manufacturing, Waste Management
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $500k–$2.8M; Venture - Series Unknown $1.3M–$6.4M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • DREV — DREV is a cleantech company manufacturing contamination control solutions for the world’s most advanced manufacturing facilities.
  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • Digiclean Solutions — Digiclean Solutions is an industrial technology company that develops AI-powered chemical control systems for manufacturing.
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Altor
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech startups

Entrepreneurs at heart. Engaged in partnerships built on curiosity, creativity and achieving a lasting impact.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Energy
  • Stage:Private Equity, Post-IPO Equity
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 62
  • Round size: Private Equity $326M–$1.9B; Post-IPO Equity $8.8M–$27M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2019

Portfolio highlights

  • Aira — Aira operates as a clean energy-tech company.
  • CCM Hockey — Shop all the latest hockey equipment from skates, sticks, protective, goalie, apparel and much more! Latest Innovation & Tech in hockey. 30 day free & easy returns. 30 day satisfaction guarantee on all skates. All out. All the time.
  • Stegra — H2 Green Steel will be a fully integrated, digitalized and automated greenfield steel plant. By bringing together raw materials, renewable energy, local expertise, and artificial intelligence, we aim to bring emissions down to zero.
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Inclimo Climate Tech Fund
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Sweden CleanTech startups, 6 in the past 12 months

The INCLIMO Climate Tech Fund is a venture capital fund that supports Climate Tech companies across the verticals of FoodTech, AgroTech, PropTech, Circular Economy, Transport & Smart Mobility and UtilityTech that focus on reducing CO2 emissions. Our main goal is to invest in exceptional teams that generate systemic change through technology toensure a more sustainable world. Our contribution consists of identifying committed entrepreneurs with innovative ideas and support them to generate profitable business. To do that, we co-invest with top tier Venture Capital firms, Business Accelerators and Venture Builders.

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Investment focus

  • Industry: Software, E-Commerce, Transportation
  • Stage:Series A, Seed, Venture - Series Unknown
  • Geography: Spain, Sweden, Germany

Investor stats

  • Total investments: 18
  • Round size: Seed $1.4M–$3.2M; Series A $1.6M–$7M; Venture - Series Unknown $1.7M–$8.4M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Floox — Floox llega para diseñar, desarrollar y fabricar puntos de carga rápida en corriente continua para vehículos eléctricos. Somos un equipo de más 120 personas trabajando para revolucionar la movilidad eléctrica y así crear un mundo más efectivo, fácil y sostenible.
  • HUMARA — Enabling faster design of recycling and waste management plants through software.
  • Energiot — Energiot specialized engineering service in energy harvesting, self-powered devices, wireless sensor networks.
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Creades AB
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden CleanTech startups

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

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $2.9M–$5.9M; Series A $2.1M–$91M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Aira — Aira operates as a clean energy-tech company.
  • Nordic Knots — Nordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners.
  • KaChing! — KaChing! is a revolutionary mobile marketing platform that integrates seamlessly with almost any Point of Sale system to enable fast and secure redemption of mobile coupons. For CPG brands and grocery retailers, we are solving the age-old problems of coupon fraud and manual processing, and using rich datasets to enable targeting of the right couponto the right consumer at the right time. Best of all, KaChing! is free for retailers and requires no new hardware or modifications to POS software. Currently in private beta at select retail stores in the San Francisco Bay Area, KaChing! is launching in 2014 with several west coast supermarket chains.
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CleanTech Investor funding in Sweden at a glance

Stats across 92 deals from 173 investors.

173
investors
in Sweden CleanTech startups
92
deals
in Sweden CleanTech startups
$2.8M
median round
in Sweden CleanTech startups
35%
lead investors
lead at least one round
16%
Seed
most common funding stage
89/11
VC / Angel
share of investor count

Access all 173 investors in Sweden CleanTech startups.

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