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Top 50 Enterprise Software VC Funds & Investors in Sweden (June 2026)

The most active venture capital funds investing in Sweden Enterprise Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Enterprise Software startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Almi Invest
VC Fund
10 Sweden, United States, Ukraine Seed, Pre-Seed Software, Health Care, Information Technology $174k–$2.2M
Industrifonden
VC Fund
7 Sweden, United States, Denmark Series A, Seed Software, Biotechnology, Information Technology $1.1M–$21M
Spintop Ventures
VC Fund
6 Sweden, Finland, Norway Seed, Series A Software, Information Technology, SaaS $878k–$12M
H&M Group Ventures
VC Fund
4 Sweden, United States, United Kingdom Series A, Series B E-Commerce, Fashion, Textiles $1.9M–$50M
NFT Ventures
VC Fund
4 Sweden, Finland, United Kingdom Seed, Series A Financial Services, FinTech, Apps $579k–$2.9M
Creades AB
VC Fund
4 Sweden, United States, Luxembourg Seed, Series A Software, E-Commerce, Apps $2.1M–$96M
Inventure
VC Fund
3 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$23M
Norrlandsfonden
VC Fund
3 Sweden, United States Seed, Debt Financing Software, Information Technology, Analytics $386k–$2.9M
Mount Wilson Ventures
VC Fund
3 United States, France, Sweden Seed, Series A, Pre-Seed Chemical, Manufacturing, Artificial Intelligence $100k–$3M
KTH Chalmers Capital
VC Fund
3 Sweden Series B, Series C Software, Energy, Mobile
Oxx
VC Fund
3 United Kingdom, Sweden, United States Series B, Series C SaaS, Software, Analytics
42CAP
VC Fund
2 Germany, France, Sweden Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1.3M–$19M
henQ
VC Fund
2 The Netherlands, United States, France Seed, Series A, Series B Software, SaaS, Information Technology $550k–$33M
BackingMinds
VC Fund
2 Sweden, Denmark, Finland Seed, Pre-Seed SaaS, Software, Agriculture $251k–$11M
Cloud Capital
VC Fund
2 Sweden, India, Singapore Pre-Seed, Seed SaaS, Gaming, FinTech
Earlybird Venture Capital
VC Fund
1 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.2M–$91M
Collector Bank
VC Fund
1 Sweden Retail, Payments, Mobile Apps
True Global Ventures (TGV)
VC Fund
1 United States, Sweden, France Seed, Series A Blockchain, Software, Financial Services $1k–$15M
Firestartr
VC Fund
1 United Kingdom, United States, Spain Seed, Series A Software, FinTech, Financial Services $350k–$37M
SquareOne Venture Capital
VC Fund
1 Germany, United States, Sweden Seed, Series A, Series B Software, SaaS, Machine Learning $1M–$30M
JCE Group
VC Fund
1 Sweden Seed, Series A Software, EdTech, Education $1.6M–$9.3M
Eqvitec
VC Fund
1 Finland, Sweden, United Kingdom Series A, Seed Software, Enterprise Software, Information Technology $3.1M–$3.6M
Sprints
VC Fund
1 Sweden, United States, United Kingdom Series C, Series E Marketplace, E-Commerce, SaaS $70M–$800M
node.vc
VC Fund
1 Sweden Pre-Seed PC Games, Online Games
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS
Creandum
VC Fund
1 Sweden, Germany, United States Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.8M–$88M
Briban Invest
VC Fund
1 Sweden Series A Computer, Software, Recruiting
Crowberry Capital
VC Fund
1 Iceland, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Health Care $1k–$17M
Endeit Capital
VC Fund
1 The Netherlands, Germany, Finland Series A, Series B Software, Advertising, Information Technology $3.4M–$37M
ABN AMRO Fund
VC Fund
1 United States, The Netherlands, United Kingdom Series B, Debt Financing Biotechnology, Software, Health Care $5.5M–$537M
Blue
VC Fund
1 Chile, Sweden, United States Seed, Series B Eyewear, Fashion, Lifestyle
Sting Capital
VC Fund
1 Sweden Seed, Pre-Seed Software, Apps, Medical $216k–$724k
Chalmers Ventures AB
VC Fund
1 Sweden Pre-Seed, Seed Software, Biotechnology, Health Care $5k–$2.7M
Montan-Ventures-Saar
VC Fund
1 Germany, Sweden, Belgium Seed Software, Internet of Things, Sales
Innovations Kapital
VC Fund
1 Sweden, Denmark, United States Series B, Series C Biotechnology, Health Care, Software $5.5M–$30M
Brightly Ventures
VC Fund
1 Sweden, United States Seed, Series A Software, Information Technology, SaaS $1.2M–$16M
D-Ax Corporate Venture Capital
VC Fund
1 Sweden, United Kingdom Seed, Series A, Series B Software, E-Commerce, Social Media
Elephant
VC Fund
1 United States, Canada, France Series A, Series B, Series C Software, E-Commerce, Information Technology $7.5M–$300M
LIU Invest
VC Fund
1 Sweden Seed, Pre-Seed Biotechnology, Information Technology, AgTech $90k–$1.4M
Swedbank
VC Fund
1 Sweden, Finland, Latvia Post-IPO Debt, Debt Financing Banking, Real Estate, Energy $20M–$3.2B
Nordic Investment Bank
VC Fund
1 Sweden, Finland, Norway Debt Financing, Post-IPO Debt Energy, Clean Energy, Electrical Distribution
TrueSight Ventures
VC Fund
1 United Kingdom, Sweden, United States Seed, Pre-Seed, Series A Software, Financial Services, FinTech
Swisscom Ventures
VC Fund
1 Switzerland, United States, United Kingdom Series B, Series A Software, SaaS, Information Technology
MTIP AG
VC Fund
1 United States, United Kingdom, Spain Series A, Series B, Series C Health Care, Artificial Intelligence, Medical
SEB Venture Capital
VC Fund
1 Sweden, Denmark, United Kingdom Series A, Series B Software, Information Technology, Financial Services
Atlantic Bridge
VC Fund
1 United States, Ireland, United Kingdom Series A, Series B Software, Artificial Intelligence, Analytics
MediaTek
VC Fund
1 Taiwan, China, United States Series A, Series B, Series D Software, Information Technology, Semiconductor
Partnerinvest Norr
VC Fund
1 Sweden, United States Seed, Series A Software, Information Technology, Manufacturing
Nordea
VC Fund
1 Finland, Sweden, Norway Debt Financing, Seed FinTech, Financial Services, Banking
Kichi Invest
VC Fund
1 Sweden Art, Apps, Content
Access all 103 VC funds in Sweden Enterprise Software startups.

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

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Investor list

Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 10 investments in Sweden Enterprise Software 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: 263
  • Round size: Seed $174k–$2.2M; Pre-Seed $236k–$1.3M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — fund raised 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.
  • 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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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 7 investments in Sweden Enterprise Software 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: Software, Biotechnology, Information Technology
  • Stage:Series A, Seed
  • Geography: Sweden, United States, Denmark

Investor stats

  • Total investments: 174
  • Round size: Seed $1.1M–$6.3M; Series A $3.3M–$21M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
  • Open Payments — Open Payments connects you to multiple banks through one single unified API. This removes the complexity and frictions of many diverse integrations
  • Tribune Therapeutics — Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. It was founded in 2020 with funding from HealthCap and Novo Seeds.
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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Enterprise Software 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: 67
  • Round size: Seed $878k–$5.3M; Series A $1.5M–$12M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Embedl AB — Efficient Deep Learning by Deep Learning model optimization
  • VISS.AI — Talk to your apps and automate tasks
  • Impulso — Seamless product tracking. We help brands, agencies and suppliers increase sell-through, reduce administration and create a more sustainable retail landscape.
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H&M Group Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Enterprise Software startups

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

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Investment focus

  • Industry: E-Commerce, Fashion, Textiles
  • Stage:Series A, Series B
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Series A $1.9M–$50M; Series B $14M–$40M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Centra — Centra is part of creating the next generation of brands, with a direct-to-consumer and wholesale e-commerce software for global brands. Brands across Scandinavia and the world trust Centra to seamlessly connect people to products. We're a medium-sized company with offices in Stockholm, Sweden, Wroclaw, Poland and New York City, USA.
  • Colorifix — Colorifix is a biotechnology company that has pioneered the first entirely biological process to produce, deposit and fix pigments onto textiles. Using a synthetic biology approach, it offers a radically different solution to incumbent dyeing technologies that entirely cuts out the use of harsh chemistry and leads to huge reductions in waterconsumption. Colorifix’s investors include Cambridge Enterprise, H&M, Mills Fabrica, Primera Impact and Sagana, whose collective backing is funding its expansion. For more information, visit www.colorifix.com
  • Rubi Laboratories — Rubi Laboratories turns carbon emissions into carbon-negative textiles for the fashion industry, with a proprietary synthetic biology technology.
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NFT Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Enterprise Software startups

We drive the fintech revolution Next Financial Technology Ventures Backing fintech pioneers since 2014 We aim to capture the shift in the financial industry and empower the entrepreneurs to realize their potential Our Story Strong portfolio across Fintech View the full portfolio Exciting news from the NFT portfolio View all news

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Investment focus

  • Industry: Financial Services, FinTech, Apps
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $579k–$2.2M; Series A $1.2M–$2.9M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Yabie — Yabie's Payment and POS systems take the effort out of selling. It's the most intuitive, hassle-free and mobile way of interacting with your customers and making a sale.
  • Invoier AB — Invoier is on a mission to help small and medium sized businesses become more competitive by changing the behaviour to access and price working capital. Founded in Stockholm, the financial technology company revolutionised short term financing with the world’s first spot market in real time for invoice trading. Today Invoier offers a platformfor businesses in Europe to get paid directly, plan the liquidity and grow its business. Backed by the EIC/European Investment Bank and partnering with some of the biggest investors we are quickly changing how the world sees SME financing. Join us on our mission! Visit: https://www.invoier.com/
  • Oort Digital — Oort Digital offers users to store, send, borrow, lease, trade, pay, mine, and game with NFTs.
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Creades AB
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Enterprise Software 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: 29
  • Round size: Seed $2.9M–$5.9M; Series A $2.1M–$96M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Aira — Aira operates as a clean energy-tech company.
  • Nordic Knots — Nordic Knots is an e-commerce store that offers home decor products such as rugs, flatweave, plush, shaggy, jute, and runners.
  • Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Sweden Enterprise Software startups

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

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Investment focus

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

Investor stats

  • Total investments: 164
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$23M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $169M in 2022

Portfolio highlights

  • Omocom — Omocom offers safe, simple and secure insurance for all kind of renting, sharing and re-using, digitally, automated and integrated into the sales flow of the platform
  • Moncyte Health — Unique technology and novel data for personalized and optimal treatment of high cholesterol
  • Blueprint Genetics — We offer complete genetic testing and genetic diagnostics to medical professionals worldwide. Learn more about our winning clinical-grade NGS offering!
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Norrlandsfonden
VC Fund · Luleå, Norrbottens Lan, Sweden · 3 investments in Sweden Enterprise Software startups

Norrlandsfonden is a foundation that promotes the development of companies with growth ambitions. They offer flexible prime loans for new establishments, development, and expansion. They provide the opportunity for offensive and forward-looking investments and enable companies and people to grow.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Debt Financing
  • Geography: Sweden, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $444k–$1.8M; Debt Financing $386k–$2.9M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Big Akwa — Big Akwa is a food-tech innovation start-up that economically and environmentally revolutionizes land-based aquaculture by introducing industrial symbiosis between the aquaculture and forest industry.
  • Flasheye — Flasheye has proven technology from the automotive, defense, and robotics industries into industrial applications.
  • Crosser — Low Code Platform, purpose-built for real-time processing of streaming data for Industrial IoT and Intelligent Workflows.
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Mount Wilson Ventures
VC Fund · Pasadena, California, United States · 3 investments in Sweden Enterprise Software startups

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.

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Investment focus

  • Industry: Chemical, Manufacturing, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, Sweden

Investor stats

  • Total investments: 19
  • Round size: Seed $579k–$3M; Pre-Seed $100k–$300k
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2016

Portfolio highlights

  • SweGaN — SweGaN's vision is to be a world leading supplier of nitride based HEMT structures. By integrating SweGaN´s technology into every single epitaxial wafer they deliver, they believe that your devices will fulfill all demands required in next generation's high power and high frequency devices.SweGaN's founders all come fromLinköping University and have more than 50 man-years experience in growth and characterization of GaN and SiC materials.SweGaN is in a highly expansive phase and they are always looking for skilled and very focused individuals with large experience in the field. If you are interested in working in a challenging and dynamic atmosphere please send us an e-mail.
  • Thiozen — Thiozen develops novel hydrogen gas production technology designed to reduce greenhouse gases. It uses a new chemical process that converts hydrogen sulfide to hydrogen gas, thereby enabling clients to avoid both the carbon emissions inherent to hydrogen production from natural gas and the high costs associated with hydrogen production fromelectrolysis.The company was founded in 2020 and is based in Belmont, Massachusetts.
  • dRISK — Testing and training Autonomous Vehicles to make AVs safe in the modern world. We retrain Autonomous Vehicles to respond to high risk events and beyond.
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KTH Chalmers Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Enterprise Software startups

KTH Chalmers Capital is a venture capital company that assists entrepreneurs who have interesting technologies and attractive business models and are in the early phases of their company development.

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Investment focus

  • Industry: Software, Energy, Mobile
  • Stage:Series B, Series C
  • Geography: Sweden

Investor stats

  • Total investments: 12
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $127M in 2006

Portfolio highlights

  • Apica — The Operational Data Fabric from Apica unifies and connects all your data using a revolutionary Active Observability architecture.
  • Euroling — Euroling, a Stockholm, Sweden-based provider of services for information retrieval. Euroling, which operates as SiteSeeker, offers search and data services for e-commerce, web sites and intranets.
  • myFC Power — myFC Power are trusted by many institutions and companies who support us in their vision. Examples of early investors were The Sixth AP Fund, KCC and several individual private investors and business angels. In May 2014 they were listed on NASDAQ OMX First North. They hold a number of key patents that protect the unique fuel cell design. If you arean investor or want to read more about the business,
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Oxx
VC Fund · London, England, United Kingdom · 3 investments in Sweden Enterprise Software startups

Oxx invests venture capital in ambitious B2B SaaS companies originating from the United Kingdom, Europe and Israel. We partner with brilliant entrepreneurs, providing growth capital to great software companies and guiding them from promise to success.

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Investment focus

  • Industry: SaaS, Software, Analytics
  • Stage:Series B, Series C
  • Geography: United Kingdom, Sweden, United States

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Apica — The Operational Data Fabric from Apica unifies and connects all your data using a revolutionary Active Observability architecture.
  • SOCRadar — SOCRadar Extended Threat Intelligence is a natively single platform that proactively identifies and analyzes threats with contextual intelligence.
  • CyberSmart — Discover the power of CyberSmart: the leading cybersecurity platform for SMEs. Ensure continuous compliance and protect your business round-the-clock.
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42CAP
VC Fund · Munich, Bayern, Germany · 2 investments in Sweden Enterprise Software startups

We are peers amongst entrepreneurs helping the brave to build game-changing companies, just like we have done ourselves.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, France, Sweden

Investor stats

  • Total investments: 94
  • Round size: Seed $2.2M–$6M; Pre-Seed $1.3M–$2.3M; Series A $2.3M–$19M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Teemyco — Improve Engagement, Collaboration & Overall Happiness of Your Fully Online or Hybrid Team! Easy To Set Up & Integrates With Your Favorite Tools. 100% Free For Teams Up To 25 Users!
  • Nostos Genomics — Our genetic variant interpretation platform enables genetic testing labs to give more people with genetic diseases a clear and fast diagnosis.
  • Customs4trade (C4T) — Customs4trade simplifies Global Customs Management and Trade Compliance with a user-friendly software solution, CAS, which offers end-to-end automation.
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henQ
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Sweden Enterprise Software startups

Early-stage funding for the odd ones out in B2B software.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: The Netherlands, United States, France

Investor stats

  • Total investments: 61
  • Round size: Seed $1M–$4.4M; Series A $550k–$16M; Series B $1.5M–$33M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2020

Portfolio highlights

  • Kanpla — Connect digitally with your guests and combine the physical canteen with a digital experience.
  • Tomorro — Leeway helps you reduce the time spent on contract management and gives you more control and visibility over legal and financial risks.
  • Sendcloud — Automate your shipping process while offering the best delivery experience. Easily connect to 160+ carriers via the leading shipping software.
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BackingMinds
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Enterprise Software startups

We help great minds unleash their full potential!

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Investment focus

  • Industry: SaaS, Software, Agriculture
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 28
  • Round size: Seed $251k–$11M; Pre-Seed $820k–$8.2M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $53M in 2022

Portfolio highlights

  • Tavion — Tavion is a developer of battery energy storage systems that is expediting Europe's shift to renewable energy. Tavion creates and runs utility-scale BESS infrastructure to improve grid flexibility, stabilize intermittent renewable power, and promote energy independence in European markets.
  • Serviceform — Welcome to future of communication - the truly all-in-one conversion and management software built for established businesses. Start now!
  • Techarena — Since 2014 Techarena is the platform for innovation and Tech in the Nordics. From supporting startups and scaleups to bringing the Tech and Business world together at Scandinavia's Biggest Events.
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Cloud Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Enterprise Software startups

Cloud Capital primarily invests in SaaS companies based on financing solutions that are optimized for SaaS companies' unique conditions. It provides SaaS entrepreneurs who have reached the scale-up phase access to smart expansion capital in the form of loans or shareholder capital or a combination of both. The firm was founded in 2017 byJohan Crona, with a background from starting, building, and investing in software companies.

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Investment focus

  • Industry: SaaS, Gaming, FinTech
  • Stage:Pre-Seed, Seed
  • Geography: Sweden, India, Singapore

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • PinMeTo — Optimize your time and local presence with an all-in-one local SEO tool. Show up in local search, manage listings, reviews, messages from one dashboard.
  • Kandle — Kandle offers ways to make money in Crypto & Stocks through fantasy trading games. Trusted globally by 180,000+ users and growing.
  • Jeevam Health — Jeevam Health is an Online Medical Clinic to Cure Root Cause of Chronic Issues in India. Jeevam Health is creating the treatment for patients suffering from chronic issues to reverse their conditions. It's a personalized, whole-body approach to medical care driven by functional medicine doctors.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Sweden Enterprise Software startups

Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.

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Investment focus

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

Investor stats

  • Total investments: 318
  • Round size: Seed $1.2M–$12M; Series A $3.5M–$34M; Series B $5M–$91M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $190M in 2024

Portfolio highlights

  • Getsafe — Manage your insurance effortlessly in one app and get rewarded with Safepoints when you stay safe.
  • Payable — Scale your business with our payment operations API and dashboard. Track, reconcile and make payments instantly.
  • Nosh Biofoods — We create nutritional and highly functional proteins from non-GMO fungi. Our proprietary ferementation process is minimal, scalable, and sustainable.
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Collector Bank
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden Enterprise Software startups

Collector is a niche bank that offers cost-effective and innovative financial solutions to private and corporate customers.

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Investment focus

  • Industry: Retail, Payments, Mobile Apps
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Yabie — Yabie's Payment and POS systems take the effort out of selling. It's the most intuitive, hassle-free and mobile way of interacting with your customers and making a sale.
  • Splitgrid — Splitgrid distribute cash funds automatically, which reduces the capital tied up for the store and risk minimizes for the supplier.
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True Global Ventures (TGV)
VC Fund · Singapore, Central Region, Singapore · 1 investments in Sweden Enterprise Software startups

True Global Ventures (TGV) is a global technology equity Venture Capital firm that invests in Serial Entrepreneurs in over 20 cities, mainly San Francisco, New York, London, Stockholm, Paris, Dubai, Singapore and Hong Kong. TGV is built by a group of

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Investment focus

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

Investor stats

  • Total investments: 56
  • Round size: Seed $825k–$5M; Series A $1k–$15M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2022

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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Firestartr
VC Fund · London, England, United Kingdom · 1 investments in Sweden Enterprise Software startups

Firestartr helps the most promising digital entrepreneurs take their companies from seed stage to Series A and beyond. Beyond providing capital, they draw on their entrepreneurial successes and senior operational experience with leading technology companies to support sustainable growth in their portfolio. Their deep domain expertise, combinedwith an unrivalled network of advisors, enable us to make meaningful connections at the right time and propel companies with hands-on support.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Spain

Investor stats

  • Total investments: 52
  • Round size: Seed $350k–$4.2M; Series A $3.3M–$37M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Qori — Accept a wide variety of cryptocurrencies on your POS terminal or iOS or Android device without handling crypto yourself.
  • Railsr — Railsbank. REDEFINING THE POSSIBILITIES - We go beyond financial transactions, to deliver digital experiences your customers love.
  • Clarisights — Clarisights is the leading marketing analytics platform for Enterprises on G2. Connect, visualize and explore all your marketing data in one place. From questions to insights in minutes.
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SquareOne Venture Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Sweden Enterprise Software startups

We invest in B2B tech entrepreneurs who are obsessed with solving complex problems in huge markets at pre-seed and seed stage

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, Sweden

Investor stats

  • Total investments: 50
  • Round size: Seed $1M–$6.7M; Series A $4.2M–$13M; Series B $5M–$30M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • KIWI — KIWI is the keyless entry system for house and apartment doors of apartment buildings. Access can be centrally managed online in real time via the KIWI Portal. Property managers are spared unnecessary trips. There is also no need to worry about having the right key in the right place at the right time. Over 110,000 residential units are connectedto the KIWI infrastructure and more than 600 housing companies are KIWI customers. KIWI doors are already opened over 500,000 times a month with KIWI. KIWI is a service of KIWI.KI GmbH. The Berlin-based company was founded in February 2012. It is managed by Karsten Nölling, CEO, and Hannah Nöthig. More information on www.kiwi.ki.
  • Outfunnel — Outfunnel is a sales and marketing workflow platform that combines data from different tools to help you score your leads and plan the next actions. Works with Pipedrive, Copper, HubSpot, Salesforce.
  • Intermix.io — Integrate.io - the data warehouse integration platform designed specifically for e-commerce. Power your data warehouse with ETL, ELT, CDC, Reverse ETL, and API Management.
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JCE Group
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden Enterprise Software startups

JCE Group AB, or the “JCE Group”, is a privately owned international and diversified investment company headquartered in Gothenburg, Sweden. As we believe in a decentralised organisation and local decision making, the JCE Group head office consists of a small team of only about 15 people. The JCE Group’s investment portfolio is divided intoEquity Investment and Asset Management. Equity investments includes all unlisted companies and venture investments and Asset Management includes all public traded companies and securities. For unlisted core holdings, our ambition is to be the largest shareholder in the company (normally >50%) and to be able to exercise active ownership. Our investment horizon is undefined as we do not invest external capital, forcing us to exit within a specific time frame. Financial investments include various investments such as shares (both listed and unlisted), bonds, investment funds, alternative investments, etc. Financial investments are mainly short-term, or otherwise regarded as non-strategic. Its main purpose is to serve as a liquidity buffer and to provide risk reduction through diversification. The JCE Group does not usually exercise active ownership with regards to financial investments. The management team is made up of people with mainly financial and legal backgrounds, but also with significant operational experience. The team’s combined experience includes former employment in well-known and respected companies such as AB Volvo, Accenture, Bure AB, Capgemini Consulting, Arthur D. Little etc. Furthermore, the team has own hands-on experience from both a wide variety of capital market transactions (such as acquisitions, divestments, IPOs and private placements) and from more operational issues (such as controlling, new business start-ups and the operating and reporting structures of large blue chip companies). Together, our combined experience gives us a good idea of how a successful company shall be managed, and allows us a broader perspective on investment opportunities and portfolio companies than just excel spreadsheets and powerpoint presentations.

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Investment focus

  • Industry: Software, EdTech, Education
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 10
  • Round size: Seed $1.6M–$1.9M; Series A $2M–$9.3M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Telness — Telness is a mobile operator offering mobile telephony with features specially tailored for business owners. Digital and easy to use. Of course at the right price, without bindings or hidden fees.
  • Telness Tech — Become Seamless. Telness Tech will empower your operator to become seamless. Playfully easy, infinitely scalable, as telecom should be.
  • Nordic SeaFarm — Nutritious and tasty sugar kelp grown in the ocean on the Swedish west coast. We collaborate with Sweden's best chefs to develop the products of today.
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Eqvitec
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Sweden Enterprise Software startups

Eqvitec Partners is a privately owned and independent Nordic private equity firm, advising six funds with a total capital base of over €500 million. Equity funds invest in technology companies in all phases from early-stage to buyouts. Mezzanine funds focus on buyouts and expansion financing.Eqvitec Partners offers a combination of experienceand expertise to companies with an attractive business model and solid growth potential. They spend a lot of time with the portfolio companies working closely with the management on a board level. Their aim is to add significant value, particularly via intellectual capital, with a focus on strategy implementation and business development. In addition, they bring a significant network and financial know-how to their portfolio companies. Eqvitec funds typically exit the investments after 3-6 years through a trade sale or a stock exchange floatation.Eqvitec Partners was established in 1997 and currently has 15 employees in the Helsinki and Stockholm offices.They are a member of the Finnish Venture Capital Association (FVCA), Swedish Venture Capital Association (SVCA), European Private Equity and Venture Capital Association (EVCA) and Nordic Venture Network (NVN).

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Investment focus

  • Industry: Software, Enterprise Software, Information Technology
  • Stage:Series A, Seed
  • Geography: Finland, Sweden, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Series A $3.1M–$3.6M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Norstel — Norstel AB manufactures and develops wide bandgap semiconductor materials, including silicon carbide (SiC) wafers and epitaxial layers.
  • eBuilder — eBuilder is a global company that optimizes and automates administrative processes for corporations and public sector agencies through IT-based business process outsourcing.
  • MediSapiens — MediSapiens provides software solutions to clients in the biomedical field. Our solutions turn biomedical data into new insights and knowledge. Our clients
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Sprints
VC Fund · London, England, United Kingdom · 1 investments in Sweden Enterprise Software 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, E-Commerce, SaaS
  • Stage:Series C, Series E
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Series C $70M–$250M; Series E $140M–$800M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $614M in 2022

Portfolio highlights

  • Booksy — Booksy - book appointments online. Find &amp; book beauty services like hairdressing, manicure, spa or massage. Check prices &amp; reviews!
  • 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.
  • Modular Finance — Platforms and tools for IR & Finance professionals - with top-tier data, intuitive user experiences, and all the features you need. Our offering includes IR-CRM, news distribution, insider management, shareholder data and IR websites.
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node.vc
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

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

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Investment focus

  • Industry: PC Games, Online Games
  • Stage:Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Acembee — Acembee is an AI-driven platform designed to automate the tracking, data collection, and reporting of LCA A4+A5 (Life Cycle Assessment phases related to construction site energy use and transport) for construction projects. provides solution that consolidates data from the building site into one platform, enabling precise, real-time insights intoenergy consumption, CO₂ emissions, and compliance with legal environmental requirements. Acembee saves significant time, reduces unnecessary energy use by up to 40%, and helps projects stay within allowed CO₂ limits, ultimately making sustainability management on construction sites.
  • Starhive — Build apps in hours for data and asset management, help desks, project management and more with Starhive. Streamline processes and empower decision-making.
  • ONiO — ONiO is a fabless IoT company specializing in batteryless microcontrollers that run on ambient energy. ONiO.zero can use virtually any RF, thermal, solar, piezo signal as a power source. Our aim is to unshackle one IoT device at a time from the battery, en route to a 100% battery-free IoT future. Our product offers manufacturers a more minimalist, user-friendly, economical and environmentally sustainable power solution for IoT devices.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Sweden Enterprise Software startups, 22 in the past 12 months

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 468
  • Lead/follow: no public data

Portfolio highlights

  • Yampa — Discover yampa's autonomous AI agents and revolutionize your customer experience. Elevate your service with the most advanced AI technology.
  • Quibim — Leading radiomics company pioneering quantitative imaging biomarkers and medical applications in precision medicine.
  • Shippeo — A global leader, and European specialist, in supply chain visibility, giving companies instant access to predictive and real-time information for all their deliveries.
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

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

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Investment focus

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

Investor stats

  • Total investments: 264
  • Round size: Seed $1.8M–$16M; Series A $5M–$30M; Series B $8M–$88M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • CAST AI — Kubernetes optimization platform for reliability and performance. CAST AI uses SLO signals to take guardrailed actions in production.
  • Appcharge — Built for mobile gaming, we help publishers grow revenue and personalize every player interaction and checkout.
  • atla — Advance the potential and safety of AI
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Briban Invest
VC Fund · 1 investments in Sweden Enterprise Software startups

Briban Invest

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Investment focus

  • Industry: Computer, Software, Recruiting
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • TrialBee — Trialbee is revolutionizing clinical trials with innovative global patient recruitment solutions. Streamline your recruitment process today.
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Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Sweden Enterprise Software startups

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

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Investment focus

  • Industry: Software, Gaming, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Iceland, Denmark, Finland

Investor stats

  • Total investments: 45
  • Round size: Seed $1.6M–$4.7M; Pre-Seed $1k–$1.3M; Series A $5.7M–$17M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • 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.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
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Endeit Capital
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Sweden Enterprise Software startups

Endeit Capital is a growth capital firm fueling internationalisation and innovation.

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Investment focus

  • Industry: Software, Advertising, Information Technology
  • Stage:Series A, Series B
  • Geography: The Netherlands, Germany, Finland

Investor stats

  • Total investments: 48
  • Round size: Series A $3.4M–$27M; Series B $6.4M–$37M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Cevinio — Boost productivity, increase cost savings and improve compliance by applying the latest technology in ML and robotics with Cevinio
  • GASTROFIX — Transform your operations with Lightspeed restaurant POS software. Manage inventory, payments, and orders seamlessly. Book a demo now.
  • TourRadar — TourRadar is the world's most trusted online marketplace for multi-day tours. Compare, read reviews, meet guides & travelers, book with confidence.
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ABN AMRO Fund
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Sweden Enterprise Software startups

Regel bij ABN AMRO uw bankzaken zoals u dat wilt. Persoonlijk, met de app of online.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series B, Debt Financing
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Series B $5.5M–$50M; Debt Financing $14M–$537M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $10M in 2015

Portfolio highlights

  • Mowi — Home - Mowi Company Website
  • Zenobe Energy — Zenobe Energy ( formerly known as Battery Energy Storage Solutions Limited) is the largest independent owner and operator of battery storage in the UK. We transform the way grid operators and businesses use power to reduce costs, improve reliability and benefit the environment.
  • IGNIS Energía — IGNIS Energía is a company specialized in the management and representation of cogeneration plants.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Blue
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

Blue is a Swedish family office business, which makes direct investments and asset management.

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Investment focus

  • Industry: Eyewear, Fashion, Lifestyle
  • Stage:Seed, Series B
  • Geography: Chile, Sweden, United States

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Karün — Karün is an eyeglasses company that makes frames from recycled materials.Their design perspective unites the love of nature with our deep interest in generating a tangible change as a way to respond to the problems we have as a society. Their designs are of simple but attractive lines and are designed to be used in various environments, alwaysusing reclaimed, natural and noble materials, so that they enhance the experience when used in outdoor activities.
  • Rocean — Rocean makes smart appliances to change how we consume water. Our first product the Rocean One is a seamless, reusable water ecosystem with best-in-class filtration that carbonates, flavors and enhances tap water. The Rocean One gives consumers more choice and convenience than they will find in their local supermarket.
  • Visiba Care — Transform healthcare with innovative digital solutions that enhance accessibility, trust, and efficiency while prioritizing the human experience in care.
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Sting Capital
VC Fund · Kista, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software 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
  • Round size: Seed $216k–$724k; Pre-Seed $366k–$611k
  • Lead/follow: 25% lead, 75% follow

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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Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 1 investments in Sweden Enterprise Software 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, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 169
  • Round size: Seed $289k–$2.7M; Pre-Seed $5k–$183k
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Embedl AB — Efficient Deep Learning by Deep Learning model optimization
  • Repli5 — Enabling autonomous vehicles with synthetic data. We automate the creation of synthetic data and digital twins.
  • Detecht — Looking for a motorcycle app for your upcoming trips? Download Detecht with built-in GPS, Navigation, Route suggestions and Crash Detection on App Store or Google Play Store
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Montan-Ventures-Saar
VC Fund · Saarbrücken, Saarland, Germany · 1 investments in Sweden Enterprise Software startups

Montan-Ventures-Saar is a venture capital firm.

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Investment focus

  • Industry: Software, Internet of Things, Sales
  • Stage:Seed
  • Geography: Germany, Sweden, Belgium

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • emlen — With emlen, B2B organizations can create intelligent & personalized buying experiences, that feel like B2C.
  • NIFTEE — NIFTEE.EU is Europe's auction house for exclusive and hand-curated NFT art from today's most relevant artists. Niftee provides a well-known online buying experience and has created a previously unheard-of marketing opportunity.
  • Crosser — Low Code Platform, purpose-built for real-time processing of streaming data for Industrial IoT and Intelligent Workflows.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden · 1 investments in Sweden Enterprise Software startups

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series C
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 19
  • Round size: Series B $5.6M–$30M; Series C $5.5M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
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Brightly Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

Brightly Ventures backs bold founders on a mission to transform industries and change the world for the better. Brightly is an early-stage investor focused on the Nordics. It has a hands-on approach supporting high-potential ideas and bringing them to market. It makes a deep commitment to each investment we make and draw upon its network andcompany-building experience to help boost the journey.

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Investment focus

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

Investor stats

  • Total investments: 29
  • Round size: Seed $1.2M–$4.2M; Series A $3.4M–$16M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Hooked Foods — Leading the transition to a harmless seafood system by serving healthy vegan seafood for everybody to truly enjoy.
  • Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
  • Collective Minds Radiology — Collective Minds develops and delivers a cloud-based collaboration platform for healthcare and research with access to data, human and digital expertise.
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D-Ax Corporate Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

Novax is an active, long-term partner for growth companies and an ecosystem where individuals and organizations can thrive. By investing in, supporting, and developing small and medium-sized enterprises, we contribute to building successful companies and future pillars for Axel Johnson.

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Investment focus

  • Industry: Software, E-Commerce, Social Media
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • PinMeTo — Optimize your time and local presence with an all-in-one local SEO tool. Show up in local search, manage listings, reviews, messages from one dashboard.
  • Matsmart — Matsmart sells surplus food online. A major part of the food would otherwise be thrown away due to packaging changes, short or expired expiry dates or other reasons. During 2017, Matsmart saved 2022 tonnes of food from going to waste. The company has seen explosive growth, reaching recurring revenues of SEK 200 million. Matsmart was founded by KarlAndersson, Erik Södergren and Ulf Skagerström, and launched in Sweden in 2014. Since then, the company has also expanded to Norway and Finland. Long live the food!
  • Winnow — Winnow builds artificial intelligence tools to help chefs run more profitable and sustainable kitchens by cutting food waste in half. They develop technology to cut food waste in their operations. Their digital tools provide data to drive improvements in kitchen production processes and reduce environmental footprint.Winnow's mission is toconnect commercial kitchen, create a movement of chefs, and inspire others. The company was founded in 2013 and is headquartered in London, England, United Kingdom.
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Elephant
VC Fund · Boston, Massachusetts, United States · 1 investments in Sweden Enterprise Software 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: 54
  • Round size: Series A $7.5M–$50M; Series B $20M–$98M; Series C $42M–$300M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • DataDome — Stop bots, AI, and cyberfraud with protection that outperforms. Keep digital experiences bot and fraud free across websites, mobile apps, and APIs.
  • Tekst — Analyze, enrich and automate your business communication in a secure and scalable way, leveraging our text intelligence platform.
  • Revelio Labs — Revelio Labs is an industry leader in workforce intelligence. We absorb and standardize hundreds of millions of public employment records to understand changes to the workforce of companies, geographies, and roles. Our customers include investors, corporate strategists, HR teams, and governments.
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LIU Invest
VC Fund · Linköping, Ostergotlands Lan, Sweden · 1 investments in Sweden Enterprise Software startups

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.

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Investment focus

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

Investor stats

  • Total investments: 9
  • Round size: Seed $579k–$1.4M; Pre-Seed $90k–$282k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • Sonicflora — Plants have always been speaking. We can now understand them.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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Swedbank
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Sweden Enterprise Software startups

Swedbank AB (formerly Föreningssparbanken) is a Nordic-Baltic banking group offering retail banking, asset management, financial, and other services.Swedbank is a modern bank firmly rooted in Swedish savings bank history.

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Investment focus

  • Industry: Banking, Real Estate, Energy
  • Stage:Post-IPO Debt, Debt Financing
  • Geography: Sweden, Finland, Latvia

Investor stats

  • Total investments: 22
  • Round size: Post-IPO Debt $20M–$3.2B; Debt Financing $558M–$1.6B
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Peab — Peab is a construction and civil engineering company whose guiding principle is total quality at all stages of the construction process.
  • Fortum — By providing our customers and the Nordic energy system with a supply of reliable energy, we aim to power a world where people, businesses, and nature thrive together. With respect for the environment, decades of expertise and smart solutions, we strive to meet our customers' needs.
  • Nivika — Nivika is a real estate company that builds and manages properties.
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Nordic Investment Bank
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Sweden Enterprise Software startups

NIB finances projects that improve competitiveness and the environment of the Nordic and Baltic countries. The Bank offers long-term loans and guarantees on competitive market terms to its clients in the private and public sectors. NIB is an international financial institution owned by Denmark, Estonia, Finland, Iceland, Latvia, Lithuania,Norway and Sweden. The Bank has lending operations both in and outside its member countries. NIB acquires the funds for its lending by borrowing on the international capital markets. NIB's bonds enjoy the highest possible credit rating. NIB's vision is a prosperous and sustainable Nordic-Baltic region. NIB works towards that goal by financing projects that improve competitiveness and the environment of their member countries. Through this, NIB is living up to their promise of financing the future. NIB's core values are competence, commitment and cooperation. By providing long-term loans to its customers, NIB makes a lasting impact on the competitiveness and environment of the region. NIB is a reliable source of long-term funding for its customers. All projects are reviewed from the sustainability perspective. Therefore a NIB loan may be regarded as a quality stamp. NIB only finances specific investment projects that fulfil the Bank’s mission.

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Investment focus

  • Industry: Energy, Clean Energy, Electrical Distribution
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 25
  • Lead/follow: no public data

Portfolio highlights

  • Arva — Arva is an electrical distribution company that aims at ensuring 24*7 electricity supply and offers power grid maintenance services.
  • Northvolt — Northvolt develops sustainable lithium-ion batteries in conjunction with R&D, industrialization, and recycling to support clean energy. It provides electrification and renewable energy storage designed for lithium-ion battery plant to produce batteries for electric vehicles. Northvolt's product is an environment-friendly batterymanufactured with minimal carbon footprint and with recycling technology without compromising with important eco-systems, enabling the auto industry to replace fossil fuels with electricity in an efficient manner. The company aims to establish a supply of sustainable battery cells and systems.In 2016, Paolo Cerruti and Peter Carlsson headquartered the company in Stockholm, Stockholms Lan.
  • Vilnius Public Transport — Vilnius Public Transport is the transportation of passengers by buses and trolleybuses along specified routes throughout Vilnius and its suburbs.
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TrueSight Ventures
VC Fund · London, England, United Kingdom · 1 investments in Sweden Enterprise Software startups

TrueSight Ventures is a venture capital firm investing in pre-seed and seed deals.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Sweden, United States

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • Laced — Discover the latest sneaker releases with Laced. The UK and Europe's authentic sneaker marketplace, discover coveted styles from Nike, Air Jordan, Yeezy, New Balance and more. Buy and sell now with Laced.
  • Cordless — Bridging the gap between voice and text
  • Kashmir Intelligence — Foundational model for refining operations
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Swisscom Ventures
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Sweden Enterprise Software startups

Swisscom Ventures is an venture capital arm of Swisscom AG, that specializes in early stage tech investments founded in 2007.Swisscom Ventures invests in growth companies with emerging business models and technologies of strategic relevance to Swisscom's core business. As a value-add investor, Swisscom brings its investees the technicalexpertise and strategic insights of an incumbent telecom operator. We act as a bridge to Swisscom's operational business units, which portfolio companies can also leverage as a test environment for their products and services.Swisscom Ventures seeks minority stakes in companies related to the information/communications/entertainment space.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series B, Series A
  • Geography: Switzerland, United States, United Kingdom

Investor stats

  • Total investments: 132
  • Lead/follow: no public data

Portfolio highlights

  • xFarm Technologies — The agricultural business is becoming more and more complex due to legal requirements and product certification. On the other hand, technologies evolve and create opportunity. xFarm is a startup that aims at the digitization of agriculture, providing innovative tools that can support farmers and food supply chain's stakeholders in themanagement of their companies. Created by farmers and tailored to the agricultural sector, its main focus is on ease of use, intuitiveness and complete adaptability to agricultural realities. The digital ecosystem includes a free agricultural application, available on both mobile and desktop and integrated with advanced premium modules, a dashboard Analytics dedicated to professionals and a line of IoT sensors selected, optimized and connected by xFarm.
  • ANYbotics — ANYbotics provides autonomous legged robots for industrial applications to provide high availability and reliability in automated routine inspections.
  • Kyan Health — Prioritise your employees' mental health and well-being with Kyan Health. Our evidence-based solutions address employees' mental well-being, stress at work & boost your workforce productivity.
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MTIP AG
VC Fund · Basel, Basel-Stadt, Switzerland · 1 investments in Sweden Enterprise Software startups

MTIP is a growth capital investor that specializes in scaling up healthtech companies in rapidly expanding global markets. Visit our website!

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Hexarad — Hexarad is a radiologist-led radiology company, which combines powerful tech and expert people to provide quick, accurate diagnoses. We have developed the Hexarad Platform, a unique and all-encompassing radiology solution powered by an intelligent allocative efficiency engine.
  • Caresyntax — Caresyntax is the only enterprise-scale surgical data solution you need to make surgery smarter, safer, and more profitable.
  • NitiNotes — Nitinotes has developed the EndoZipTM, a fully automated, operator independent gastroscopic suturing system, allowing gastroenterologists as well as surgeons to bring a durable solution to their patients. The procedure creates an effect of stomach volume restriction and motility impair - both are needed to help obese patients reducing weight.
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SEB Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Enterprise Software startups

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.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Series A, Series B
  • Geography: Sweden, Denmark, United Kingdom

Investor stats

  • Total investments: 64
  • Lead/follow: no public data

Portfolio highlights

  • Airsonett — Research-based medical technology company which leads the way in the development of non-pharmaceutical treatment for allergic asthma.
  • EnginZyme — EnginZyme is a biotechnology company that specializes in biocatalysis. It creates products for easy and cost-efficient implementation of biocatalytic processes and helps the chemical industry transition to a sustainable way of operating.The company is driven by a mission to make biocatalysis the first choice for chemical process designersworldwide.
  • Qvantum — Qvantum is driven by a passion for a sustainable future and we are changing the way the cities of Europe are heated.
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Atlantic Bridge
VC Fund · Dublin, Dublin, Ireland · 1 investments in Sweden Enterprise Software startups

Atlantic Bridge is a Growth Equity Firm with a Cross Border Value Add strategy. We invest in deep technology companies in Europe and the US. Our team is made up of successful entrepreneurs and senior technology industry executives and we invest in strong ambitious entrepreneurs and management teams that have the passion and drive to scale up andexploit major growth opportunities. We help our portfolio companies expand and grow internationally through our global platform with our team and offices in London, Dublin, Munich, Paris and Palo Alto.Atlantic Bridge brings together a unique team of technology entrepreneurs, experienced managers, finance professionals, and investment experts. The team contains a wealth of international business experience across Europe, the UK and the US. They have worked together in various capacities for the last 30 years, bringing a true partnership approach to their firm and their investments. Its investors include the founders, leading institutional investors, and private investors with a track record of investment in successful technology companies.Atlantic Bridge has developed a unique and differentiated strategy that focuses on specific technology themes and the implementation of the “Atlantic Bridge Model” for scaling companies internationally. The “Bridge Model” accelerates the scale-up of technology companies in Europe and the US. This approach is highly differentiated and has delivered strong performance results to date.

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Investment focus

  • Industry: Software, Artificial Intelligence, Analytics
  • Stage:Series A, Series B
  • Geography: United States, Ireland, United Kingdom

Investor stats

  • Total investments: 133
  • Lead/follow: no public data

Portfolio highlights

  • SOC Prime — SOC Prime is the only Threat Detection Marketplace where researchers monetize their content to help security teams defend against attacks faster and more efficiently than ever. Powered by its Detection as Code platform, SOC Prime curates the most up-to-date Sigma-based threat detection content from over 300 researchers and natively delivers it viasubscription to 20+ SIEM and XDR platforms at more than 6,000 enterprises, governments and MDRs worldwide.
  • Insight Terra — Insight Terra supports data driven risk management in critical situations where business operations, people and the environment all come together.
  • Output Sports — Discover Output's portable and affordable athlete testing and tracking device. Measure strength, power and speed in minutes giving accurate and reliable data.
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MediaTek
VC Fund · Hsinchu, T'ai-wan, Taiwan · 1 investments in Sweden Enterprise Software startups

MediaTek is another name for incredible innovation that powers the brands you love. From smartphones to smart homes, we are always by your side.

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Investment focus

  • Industry: Software, Information Technology, Semiconductor
  • Stage:Series A, Series B, Series D
  • Geography: Taiwan, China, United States

Investor stats

  • Total investments: 35
  • Lead/follow: no public data

Portfolio highlights

  • Rivos — Homepage for Rivos Inc describes the main challenges Rivos addresses and the products and solutions including RISC-V CPUs and GPGPUs. Looks at challenges for Enterprises and Cloud Service Providers for AI Models and services
  • Path Robotics — We create manufacturing robots that autonomously scan, position, and weld your parts without the need for skilled welders or robot programmers.
  • InfiniLink — Empowering Hyperscale Datacenters Building Energy-Efficient Ultra-High-Speed Connectivity Solutions
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Partnerinvest Norr
VC Fund · Piteå, Norrbottens Lan, Sweden · 1 investments in Sweden Enterprise Software startups

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.

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Investment focus

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

Investor stats

  • Total investments: 65
  • Lead/follow: no public data

Portfolio highlights

  • Elastisys — Welkin by Elastisys is the application platform for software critical to society. A secure and compliant Kubernetes platform made in Sweden.
  • Senseworks — Senseworks is an insight platform that enables colleagues to collaborate effectively with customers by providing a single source of truth for accounting data.
  • Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.
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Nordea
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Sweden Enterprise Software startups

Nordea Bank is Denmark's second-largest bank and counts every fourth Dane among its customers. Through their nationwide network of some 340 branch offices and a broad range of self-service facilities, they are able to offer you a full scale of financial products and services, including Netbank, Online Investment, telephone banking and cashdispensers.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Debt Financing, Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 23
  • Lead/follow: no public data

Portfolio highlights

  • Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
  • Statzon — Make data-driven plans & faster decisions with a simple access to +1M datasets & market reports about 8,000 topics from +200 trusted data providers.
  • Get It Done Now — GIDN is a Nigerian Fintech Company targeting medium and low income population for Loans and Financial products. GIDN has in addition a cashless, mobile based community marketplace, with more than 5k members, and aims to regulate the informal economy and facilitate the purchase of Services and Digital Products.
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Kichi Invest
VC Fund · 1 investments in Sweden Enterprise Software startups

Kichi Invest is a private investment company that primarily invests in unlisted Nordic companies seeking growth capital. The company has a broad investment mandate and is open to discussions with passionate entrepreneurs or owners seeking an active partner to grow their business. IT believes that an active partner provides the best basis forgrowth.The company's philosophy is based on complementing capable entrepreneurs with broad expertise from strategy, transactions, and navigating through the challenges of a rapidly growing business.

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Investment focus

  • Industry: Art, Apps, Content
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Barnebys — Barnebys is the world’s leading search service for art, antiques and collectibles. We were founded in Stockholm, Sweden in 2011 and have since then established our business globally with offices in New York, UK, France, Spain and Germany. Our clients include the world’s top tier of auctioneers, antique dealers, galleries as well as regional andlocal businesses. We are also offering an extensive free database of auction results and a top of the line valuation service. We are now looking to grow our business even further and are seeking top talent to join our team.
  • Referanza — Word of mouth is one the world's oldest and most effective marketing methods – Referanza has brought this into the digital era. The Referanza platform is the marketers new – trustworthy and mobile – friend in the entertainment and consumer experience industries. Through Micro Influencer Marketing, companies, engage with its visitorsbefore and after they attended events such as theatres, musicals, concerts and sport events. This levels up engagement, extends the experience and finds the happiest visitors, enabling them to recommend a show to friends, family, and followers via social media.The benefit for companies is that they extend their online presence by generating more engaged visitors which drive digital, mobile and social traffic – ultimately, selling more tickets. Referanza was founded in 2015 and has grown into a team of 5. Today, Referanza have customers across the Nordics and Europe including the largest entertainment-production company in the Nordics; 2 Entertain.The vision and eternal goal are to maximize the number of smiles in the world through entertainment technology.
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Enterprise Software VC funding in Sweden at a glance

Stats across 88 deals from 103 investors.

103
investors
in Sweden Enterprise Software startups
88
deals
in Sweden Enterprise Software startups
$3M
median round
in Sweden Enterprise Software startups
57%
lead investors
lead at least one round
23%
Seed
most common funding stage

Access all 103 VC funds in Sweden Enterprise Software startups.

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