Top 50 Consumer Startup Investors in Sweden in February 2025

ALMI Invest is a venture capital company which invests in Swedish companies with exciting, scalable business models and motivated entrepreneurs. ALMI Invest consists of eight regionally based venture capital funds, all with local offices and experienced local investment managers. We manage a total of SEK 1 billion. Unlike most venture capitalists,we can invest in a wide range of businesses. A strong team of entrepreneurs, a scalable business model and an initial revenue stream are more important than the line of business when we invest.Our first, initial investment would typically be SEK 2-4 million. During the lifetime of an investment, sums of up to SEK 10 million can be ventured. We always syndicate with an investment partner (another venture capitalist or angel investor) from Sweden or otherwise which means that we can take a maximum of 50 percent of an investment round.ALMI Invest was founded in 2009 by ALMI Fretagspartner together with regional investors. Half of our capital comes from European Union structural funds, which accounts for an investment of SEK 500 million. The other 50 per cent comes from regional investors and ALMI Fretagspartner.

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.

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

Partnerinvest Norr is a private equity firm specialized in software, security, and biometrics sectors. Partnerinvest Övre Norrland AB is a venture capital firms that seeks to invest in limited companies which have are in the expansion phase.

Luminar Ventures is a venture capital fund that prefers to make early-stage investments in technology companies. They engage with their portfolio companies and are actively helping with strategic, growth, team and organizational, and operational support, and together setting the foundation for future expansion.Luminar's core investment focusis on scalable digital seed-stage companies from the Nordics, founded by highly motivated and talented entrepreneurs with a vision to disrupt or transform major industries. The firm aims to provide experienced seed-stage financing and active operational support to Sweden based early-stage technology companies that are looking to disrupt or transform major industries with digital technologies and innovations.

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

Cristina Stenbeck has been the lead shareholder of Kinnevik over the last 20 years. Cristina began her career within the Kinnevik group when she joined her first public portfolio company board in 1997. She became Deputy Chairman of Kinnevik in 2003. Served as Chairman and Executive Chairman of the Board between 2007 and 2016 and still serves on theBoard today. Kinnevik is a family-led entrepreneurial group focused on building digital consumer businesses spanning 80 countries around the world. The six investment focus areas are: Communication, e-Commerce & Marketplaces, Entertainment and Financial Services and it recently added health and education to its current consumer focus. Last year, Kinnevik made its first investment into a digital heath platform called babylon which uses advanced AI to diagnose and treat consumers' medical concerns. Kinnevik's largest investment is its 32% ownership in Zalando, Europe's leading fashion and e-commerce company. Cristina graduated with a B.Sc. from Georgetown University in Washington DC, USA and lives in Stockholm, Sweden with her family and four children.

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

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

SEB Venture Capital is a Fintech investor that helps entrepreneurs and innovators launch and grow profitable businesses. They primarily serve as a strategic corporate venture focused on Fintech investments, with the option of partnering with SEB. They are also on the hunt for game-changing inventive solutions to new technologies that will make thefinancial industry smarter, safer, and more environmentally responsible, as well as more user-friendly. They also function as an evergreen fund, giving them the flexibility and staying strength to focus on long-term wealth development depending on what is best for the firm and its shareholders.

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

Nordic Venture Partners (Sweden) is a venture capital firm with a portfolio of investments in the Information and Communications Technology.

Innovacom provides new technologies, hardware, and software products. They focus on the creation of financial and strategic value through support, networking, and the search for the best industrial partners for our startups in a context of open innovation.

Sven Hagstromer is the founder of Creades AB.

Simon Josefsson

H&M Group Ventures is the venture capital arm of the H&M Group.

Par Svardson is the current CEO of Apotea AB.

Bo Mattsson is a director of Previously, Mattsson founded Cint and served the same company as its chief executive office, chairman, and general and sales manager. Hewas also the head of Swedbank Securities.Mattsson holds a bachelor’s degree in economics and an MBA, both from the Stockholm School of Economics.

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

Khosla Ventures invests in companies that are bold, early, and impactful. The firm was started in 2004 by Vinod Khosla, co-founder of Sun Microsystems, to provide venture assistance to entrepreneurs.Khosla Ventures invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech, digital health, medtech anddiagnostics, therapeutics, and frontier technology.

MWV invests in early-stage startups solving well-defined problems in large markets with solutions built on a foundation of intellectual property and proven science.

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.

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.

Sebastian Knutsson is one of our founders and has served on our Board of Directors since October 2003, as our chief creative officer since June 2004 and as our executive product developer from February 2003 to June 2004. Sebastian has more than 18 years of experience in the Internet industry. As chief creative officer, he leads the productstrategy, games development and service offerings for King. Sebastian has designed more than 100 games for King.

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.

Mattias Weinhandl

Northzone is a multi-stage venture capital fund that seeks to invest in the healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming industries.

Project A is an early-stage venture capital firm, combining financial and operational support for technology companies. In addition to $1bn in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 100 experts from key areas such as software engineering,business intelligence, marketing, and recruiting. The portfolio includes companies such as Trade Republic, sennder, KRY, Catawiki, WorldRemit, Spryker, and Voi.

We believe in Bitcoin as a next generation politically neutral monetary system, the foundation for decentralized finance of the future. While Bitcoin is an efficient settlement layer, it needs a Layer-2 solution for everyday transactions. That is why we support development of the Lightning Network - an essential step towards decentralized finance.As technology entrepreneurs we combine decades of experience creating business from zero and scaling it in emerging and fast-growing industries.We support outstanding teams in several ways: writing checks of $50-$200k for pre-seed startups; granting rewards for acknowledged contributions to the ecosystem; providing startup advisory and mentoring; investing in later stages.Along the way we help startups to navigate cryptocurrency legal and regulatory environment according to the evolving industry standards and best practices.

Subvenio Invest

Neptunia is a Swedish investment company, with Nordic ownership, that was founded by the brothers Johan och Mikael Karlsson together with the Ehrnrooth family. Neptunia invests in companies within Real Estate and Finance as well as Defence and Security.

42CAP is a seed stage investment firm based in Munich, Germany. They initially invest € 0.5 to 1.5m in seed-stage tech- and data-driven companies across Europe with global ambition.With eCircle they previously built one of Europe’s largest SaaS companies and sold the profitable business to Teradata (NYSE:TDC) in 2012.

Goertek Inc. was established in June 2001, and listed on the Shenzhen Stock Exchange in May, 2008. Goertek currently holds the largest market value among acoustic companies on the Shenzhen Stock Exchange. As a leading innovative Chinese high-tech company, Goertek’s main focuses consist of R&D, production and sales of electro-acousticcomponents, optical components, electronic accessories and related products. Goertek provides vertically integrated total solutions and services to globally-renowned companies such as: Samsung, Sony, Microsoft, Huawei and Xiaomi to name a few.Since Goertek's establishment in 2001, Goertek has high performance with a consistent and rapid growth rate. By the end of 2015 sales revenue had exceeded over 13.7 billion RMB (total assets 19.2 billion RMB). By market share, Goertek is a top ranked company in the miniature microphone manufacturing industry. Goertek is the top ranked company in ODM manufacturing for Bluetooth headsets, gaming accessories (including controllers) and mid-end and high-end VR products. By market share, Goertek ranks second in miniature speaker/receiver manufacturing. Goertek ranks third in smart band ODM manufacturing. Goertek has received the following prestigious awards: National Electronic Information Industry Business Model Award, Governor of Shandong Province Quality Award, Shandong Province Science and Technology Progress Award as well as others.As part of our integrated multi-technology product development strategy, Goertek has established long-term strategic partnerships with leading universities and research institutions, such as: Tsinghua University, Beihang University, Nanjing University, The Institute of Acoustics of the Chinese Academy of Sciences, Beijing University of Posts and Telecommunications, Shandong University and many others. Goertek is dedicated to basic and advanced research in the electro-acoustic technology field – constantly searching for innovative cutting-edge technologies for new product development. Goertek has established the Acoustics Laboratory of Communication with the Chinese Academy of Sciences, Joint Laboratory of Communications Technology with Beijing University of Posts and Telecommunications, Enterprise Technology Center in Shandong Province, Shandong Saving Sound Engineering Research Center, National and Local Joint Engineering Laboratory and other research organizations.Our transformation and innovation capabilities enable us to achieve so much more than many others in the broader acoustic/non-acoustic electronics production industry. This effectively advances vertical integration and incorporation of components, as well as android-based operating systems and acoustic algorithms into components (or finished products). Because of vertical integration all of the finished products we produce have some (or all) components manufactured in our precision factories. Thanks to incredibly fast production of automated machinery and rapid re-purposing strategies our company can quickly mass produce electronics.To remain ultra-competitive we've spent a good amount of money on R&D to develop some of the Smart Strategies that we've created to continue to be a four-runner in the Smart Era of acoustics (and overall electronics industry). These strategies are: Smart Wearables, Smart Entertainment, Smart Audio and Smart Home. Through offering very competitive as well as comprehensive compensation packages, Goertek is able to recruit and retain ideally talented individuals and teams. Goertek leadership is focused on using skillful and strategic forecasting methods to develop current-market needed technologies and methodologies that exceed client expectations. Fully fusing health, beauty and advanced technology through connecting people, nature, the world and future trends is how Goertek will become one of the world’s leading enterprises in the information industry.“We make it together.”

Filip Engelbert is a Co-Founder at Avito.ru.

Draper Associates, founded in 1985, is a seed-stage venture capital firm that helps entrepreneurs to drive their businesses to greatness. We understand that a great company takes time to build and we'd like to ensure that entrepreneurs are in for the long haul.

Curitas Ventures a Stockholm-based venture capital firm. We invest in entrepreneurs and teams determined to build something out of the ordinary.

We know how much grit and luck it takes to build big companies. That’s why we invest our time and our children’s money in crazy, ambitious founders.Founded by a group of serial entrepreneurs that have built, scaled and exited some of the largest technology companies of the Nordics, Nordic Makers is a seed stage hands-on investor, workingactively with companies to take them to the next level.

Teknoinvest is a premier Scandinavian venture capital company. They invest in areas of emerging technologies within the ITC and Life Sciences sectors. Their main geographical scope is Scandinavia and the USA. Teknoinvest was established as the first venture capital investment company. Teknoinvest is one of the most successful VC´s in Scandinaviaaccording to track record of value created for their investors.

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

Hampus Jakobsson is a General Partner at early stage climate tech venture fund Pale Blue Dot.Prior to co-founding Pale Blue Dot, Hampus was a Venture Partner at science fund Blue Yard and a prolific angel investor with >100 angel investments. He co-founded of The Astonishing Tribe (acquired by Blackberry in 2010 for $150m). He left Blackberry2012 to found Brisk.io a sales productivity tool which folded 2016.

Joachim Hedenius is the VPE and Co-Founder of KRY.

LIU invests in companies that are based on projects and ideas from Linköping University. LIU Invest is focused on investments in early phases. Investments are typically 250 000, but can be doubled by an additional investment.

Johan Lenander is Owner & Chairman at Martina Children's Hospital. He attended KTH Royal Institute of Technology.

Sophia Bendz - Partner @ Cherry Ventures

Daniel Pilotti is the Founder of Your Special Delivery Service and Ryska Posten.

Otto Jettman is a record producer and remixer.

Martin first struck up his partnership with Daniel Ek when Tradedoubler, Europe’s largest affiliate sales network (founded by Martin), acquired Daniel’s company Advertigo in 2006. As chairman, Martin has been on the company’s board of directors since July 2006. His responsibilities include creating and implementing strategy, budgets and goals.Previously, Martin held senior roles at Telia, Altavista, Cell Ventures and NetStrategy. He is currently on the TeliaSonera board. Martin was educated at Gothenburg’s Chalmers University of Technology and Handels University. In his spare time Martin enjoys all kind of sports and cultural pursuits. With such a hectic schedule, it’s fortunate that he’s energetic by nature, involving himself in numerous work and leisure activities to try and find the right balance between his career and his personal life.

Joachim Samuelsson is a serial entrepreneur that kick-starts enterprises, develops them during a couple of years and then capitalizes on the increase in value by selling the company. As an entreprenuer he is driven by the opportunity of helping other people and understanding how to build and realize huge value with minimal risk. Despite hisrelative young age of 48 he has already the experience of building value in five successful ventures that have been sold to third parties for over a billion Swedish Krona.He has also dedicated a couple of years pro-bono to social entrepreneurship in a project to inspire entrepreneurship among young people in Southern Sweden. This latest endeavour, Crunchfish, is arguably his most challenging to date, as it is destined to change the world by enabling a new touchless way of interacting with mobile devices. Joachim has been awarded for his entreprenurship several times and was recently voted the most entrepreneurial person in Southern Sweden by the public in a contest organised by Svenskt Näringsliv. He represents also the City of Helsingborg as one of their Ambassadors.Academically, he has a Master of Science degree in Industrial Engineering and Business Administration from Linköping University 1988. He is married to Petra and has three beautiful grown-up daughters.

Susanna Campbell

In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn.