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Top 50 Gaming Startup Investors in Sweden (August 2026)

The most active venture capital funds and angel investors investing in Sweden Gaming startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Gaming startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Almi Invest
VC Fund
23 Sweden, United States, Ukraine Seed, Venture - Series Unknown Software, Health Care, Information Technology $230k–$5M
Partnerinvest Norr
VC Fund
8 Sweden, United States Seed, Venture - Series Unknown Software, Manufacturing, Information Technology $588k–$6.1M
Luminar Ventures
VC Fund
7 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
Northzone
VC Fund
6 United States, Sweden, United Kingdom Series A, Series B, Seed Software, FinTech, Information Technology $2.5M–$90M
GP Bullhound
VC Fund
5 United Kingdom, Sweden, Spain Series B, Series A Software, E-Commerce, Internet $2M–$59M
Verdane
VC Fund
4 Sweden, Norway, Germany Private Equity, Venture - Series Unknown Software, E-Commerce, Information Technology $5.3M–$116M
Karl Magnus Troedsson
Angel
4 Sweden, United States Seed Gaming, Software, SaaS $600k–$4.1M
Paul Heydon
Angel
4 United States, United Kingdom, Finland Seed, Series A, Pre-Seed Software, Gaming, Mobile Apps $600k–$13M
Stefan Lindeberg
Angel
4 Sweden, Denmark, Estonia Seed, Pre-Seed, Angel Software, Gaming, PC Games $92k–$7.5M
Chalmers Ventures AB
VC Fund
4 Sweden Pre-Seed, Seed Software, Biotechnology, Information Technology $5.8k–$2.3M
Konvoy
VC Fund
4 United States, Canada, Sweden Seed, Series A, Pre-Seed Gaming, Video Games, Software $1M–$25M
Kale United
VC Fund
4 Sweden, United Kingdom, Canada Seed, Pre-Seed Food and Beverage, Food Processing, Biotechnology $100k–$2.5M
Kyros Ventures
VC Fund
3 United States, Singapore, Vietnam Seed, Venture - Series Unknown, Series A Blockchain, Cryptocurrency, Gaming $50k–$50M
Jacob Ehrnrooth
Angel
3 Sweden Angel, Seed SaaS, Delivery, Software
Bonnier Capital
VC Fund
3 Sweden, Finland, Germany Seed, Venture - Series Unknown Internet, Software, E-Commerce $1M–$96M
Orkla Ventures
VC Fund
3 Sweden, Norway, United Kingdom Seed, Venture - Series Unknown Software, Food and Beverage, B2B $200k–$4.5M
Griffin Gaming Partners
VC Fund
3 United States, United Kingdom, France Seed, Series A, Venture - Series Unknown Gaming, Video Games, Blockchain $1.9M–$46M
BLN Capital
VC Fund
3 Germany, United States, Switzerland Seed, Series A, Venture - Series Unknown Video Games, Gaming, Internet $125k–$1B
FOV Ventures
VC Fund
3 Finland, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Gaming, 3D Technology $333k–$37M
Norrsken VC
VC Fund
3 Sweden, United Kingdom, Germany Seed, Series A Software, Food and Beverage, Artificial Intelligence $700k–$56M
Kinnevik
VC Fund
3 United States, Sweden, Germany Series B, Series A, Series C E-Commerce, Health Care, Financial Services $2M–$200M
Coin98
VC Fund
3 Sweden, Singapore, Estonia Seed, Series A Blockchain, Cryptocurrency, Gaming $1.8M–$7M
EQT Ventures
VC Fund
3 Sweden, Germany, United States Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2.6M–$100M
Antler
VC Fund
3 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Headline
VC Fund
3 United States, Germany, Brazil Series A, Series B, Seed Software, E-Commerce, Information Technology $1.1M–$87M
SYBO Games
VC Fund
3 Canada, Sweden Seed, Series A, Series B Video Games, Online Games, Gaming $1.4M–$2.3M
Jonas Nordlander
Angel
3 Sweden, United Kingdom Seed, Angel Apps, E-Commerce, Fashion $579k–$3.5M
Creandum
VC Fund
3 Sweden, Germany, United States Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.8M–$87M
Everywhere Ventures
VC Fund
3 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $500k–$20M
Filip Engelbert
Angel
3 Sweden, United Kingdom Seed, Angel Apps, E-Commerce, Fashion $700k–$1.8M
Inbox Capital
VC Fund
3 Sweden, United States, United Arab Emirates Seed, Series A Apps, Software, Mobile Apps $1.2M–$11M
Dreamcraft Ventures
VC Fund
3 Denmark, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $200k–$16M
Industrifonden
VC Fund
3 Sweden, United States, Denmark Series A, Seed Biotechnology, Software, Information Technology $1.2M–$21M
Almi Invest GreenTech
VC Fund
3 Sweden, United States Seed, Venture - Series Unknown, Series A Energy, Chemical, Manufacturing $500k–$12M
Nordic Venture Partners (Sweden)
VC Fund
3 Sweden, Denmark, Finland Series A, Series B Software, Information Technology, Gaming $3.3M–$12M
CoinFund
VC Fund
2 United States, United Kingdom, Singapore Seed, Series A Blockchain, Cryptocurrency, Financial Services
CASSIUS
VC Fund
2 United States, France, United Kingdom Seed, Series A, Pre-Seed Gaming, Software, E-Commerce $1.3M–$15M
Wild Sloths
VC Fund
2 Sweden Seed Video Games, Online Games, Social Network $1.4M–$2.3M
FBG Invest
VC Fund
2 Sweden Seed Biotechnology, Manufacturing, Food Processing
VNV Global
VC Fund
2 United Kingdom, Sweden, Russian Federation Series B, Series A Health Care, E-Commerce, Marketplace $1M–$85M
Astanor Ventures
VC Fund
2 United States, France, United Kingdom Series A, Seed, Series B Agriculture, Biotechnology, Food and Beverage $471k–$61M
GFR Fund
VC Fund
2 United States, United Kingdom, Australia Seed, Series A, Pre-Seed Software, Artificial Intelligence, Gaming $1M–$20M
Supercell
VC Fund
2 Finland, United States, United Kingdom Seed, Series A Gaming, Video Games, PC Games $425k–$26M
Edastra Venture Capital
VC Fund
2 Sweden, Denmark Seed, Series D Software, E-Commerce, Food and Beverage
Ake Lundén
Angel
2 Sweden Seed, Angel SaaS, Software, Advertising
M2 Asset Management
VC Fund
2 Sweden Seed, Pre-Seed SaaS, Information Technology, Renewable Energy
DHS Venture Partners
VC Fund
2 Sweden Pre-Seed, Seed Software, SaaS, Big Data $180k–$1.8M
Zlatan Ibrahimovic
Angel
2 Sweden eSports, Internet, PC Games
Chiffonjén
VC Fund
2 Sweden Seed, Venture - Series Unknown Software, Logistics, Video Games $1.2M–$1.2M
Purple Orange Ventures
VC Fund
2 United States, Sweden, China Seed, Pre-Seed, Series A Food and Beverage, Biotechnology, Animal Feed $500k–$4.7M
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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 · 23 investments in Sweden Gaming 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, Venture - Series Unknown
  • Geography: Sweden, United States, Ukraine

Investor stats

  • Total investments: 339
  • Round size: Seed $230k–$2.3M; Venture - Series Unknown $561k–$5M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Brighteco — Brighteco is an innovative and value-driven Born Circular startup that offers Light as a Service. All Brighteco hardware are build modular and circular from e.g reused computer screens.
  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
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Partnerinvest Norr
VC Fund · Piteå, Norrbottens Lan, Sweden · 8 investments in Sweden Gaming 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, Manufacturing, Information Technology
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, United States

Investor stats

  • Total investments: 69
  • Round size: Seed $588k–$2.1M; Venture - Series Unknown $794k–$6.1M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — last raise in 2009

Portfolio highlights

  • Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.
  • Original Creation — Original Creation envisions a sustainable future in which capital is focused on long-term benefits for both people and the environment, and resources are properly managed through circular systems."
  • Remos Space Systems — Remos Space Systems simplifies satellite ground operations.
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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 7 investments in Sweden Gaming startups

Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.

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Investment focus

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

Investor stats

  • Total investments: 67
  • Round size: Seed $960k–$5.4M; Series A $8.3M–$21M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Fika Jobs — Stand out from the crowd. Find your perfect job.
  • Ivy Interactive — Frictionless Coding with AI
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Northzone
VC Fund · London, England, United Kingdom · 6 investments in Sweden Gaming startups

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Sweden, United Kingdom

Investor stats

  • Total investments: 336
  • Round size: Seed $2.5M–$23M; Series A $4M–$36M; Series B $6.7M–$90M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.2B in 2022

Portfolio highlights

  • Sqore — Smart Recruitment - Automate the process between your job ad and the first interview.Increase screening efficiencyEfficiently screen your candidates based on their skills and motivation - automagically - regardless of number of candidates.Deepen candidate engagementEngage today’s generation of candidates through rewarding experiencesand allow them to get insights into your company before the interview.Lower your hiring costsWe don't charge per candidate. Evaluate 100,000 candidates at the same cost as 100 - no need to limit yourself in the search for new talent.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • SolveAI
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GP Bullhound
VC Fund · London, England, United Kingdom · 5 investments in Sweden Gaming startups

Since 1999, GP Bullhound has invested in and advised brilliant leaders. Powered by more than 180 employees across 13 offices worldwide.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series B, Series A
  • Geography: United Kingdom, Sweden, Spain

Investor stats

  • Total investments: 108
  • Round size: Series A $2M–$27M; Series B $3.7M–$59M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $317M in 2020

Portfolio highlights

  • Monocl — Monocl empowers life science professionals with the complete global expert solution designed to drive impactful outreach and strategic engagement. Our cloud-based expert platform - powered by machine learning - continuously analyzes an unrivaled amount of data across all therapeutic areas and regions, providing invaluable context and actionableinsights.
  • Q-CTRL — Infrastructure software to power the quantum future
  • Playtomic — Playtomic operates an online sports court booking platform intended to become a social network for sports players. It provides a platform to reserve courts, find other players with similar skill levels, and join a social sports community dedicated to learning that helps sports clubs to optimize the use of their facilities and step into the digitalage.Playtomic was founded in 2017 and is headquartered in Madrid, Spain.
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Verdane
VC Fund · Oslo, Oslo, Norway · 4 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 146
  • Round size: Private Equity $10M–$100M; Venture - Series Unknown $5.3M–$116M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — raised $8.6M in 2013

Portfolio highlights

  • Animail — Founded in 2007, Animail revolutionized the Nordic e-commerce development of the pet industry. Back in 2007: a challenger and a start up. Today: driving the digital development of the industry as nordic market leader online. Our customers choose between 8000 different products - ranging from pet food to accessories such as toys, treats,supplements, clothing, healthcare, hygiene and more. Our product range covers dogs, cats, small animals, birds, reptiles and fishes. Purchases are made online and goods we ship the good to our consumers - all the way the door step.Since 2011 backed by Verdane Capital
  • JSB Plast — JSB Plast is one of the world’s few – and Europe’s leading supplier of Kits for the wind turbine industry. They customize core materials in foam or balsa, which are used for structural enhancements of rotor blades and nacelles for wind turbines.
  • Lingit — Lingit, which provides literacy support for people with dyslexia. Lingit’s software assists with spelling, vocabulary and reading in text processing programmes for computers and tablets.
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Karl Magnus Troedsson
Angel · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Gaming startups

Karl Magnus Troedsson - Founder @ Behold Ventures

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Investment focus

  • Industry: Gaming, Software, SaaS
  • Stage:Seed
  • Geography: Sweden, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $600k–$4.1M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Lurkit — Lurkit is a sophisticated ecosystem for data driven collaborations between content creators, game developers and publishers.
  • Atomontage — Prompt Living 3D Worlds into existence with friends and AI. Stream them to any device. Mod, remix, monetize.
  • LootLocker — LootLocker is the next generation backend that unlocks direct-to-player relationships for developers and publishers.
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Paul Heydon
Angel · London, England, United Kingdom · 4 investments in Sweden Gaming startups

I have 30+ years as a founder, operator, investor, board member and advisor. I have founded/co-founded multiple companies and have dealt with cofounder issues directly. I have invested in individual companies that have achieved $2b in revenue, $1b in profit, $30b in valuation. Plus on the other side of the spectrum, I have seen lots ofdifferent poor behaviour by some investors, founders and lawyers. My value add is: - the ability to quickly filter out the wrong people. - fundraising - strategy - focus - making tough decisions - cashflow planningCurrently investing directly in startups (mainly tech) at all stages and in funds (most asset classes) as an LP globally. I invested early in Supercell (majority acquired by Tencent), Unity Software (NYSE:U), Radiant Entertainment (acquired by Riot Games), Boomlagoon (acquired by Wargaming), Peak (acquired by Hachette Livre), Gameclub (acquired by Take-Two Interactive), Doppio Games (acquired by Fortis). Previously, I cofounded a seed VC firm & was an investment banker at various firms. I have both a HBA & MBA from the Richard Ivey School of Business at University of Western Ontario in Canada.If you message me with a pitch deck link for your company or fund then do not send me a docsend link or anything requesting an email and or password as I will ignore it. And make sure you detail the team background, why it’s the best team and why you will win.I’m also open to board positions for companies in Europe and North America. Owner of https://www.heathfieldestatenewforest.co.uk/

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Investment focus

  • Industry: Software, Gaming, Mobile Apps
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Finland

Investor stats

  • Total investments: 52
  • Round size: Seed $1M–$7.8M; Pre-Seed $600k–$3M; Series A $3.7M–$13M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Astral — Create a free website/link-in-bio to market your art, release new music, increase your followers, sell merchandise, and share your portfolio/resume/EPK. Token Gate all.
  • Coherence — Unlock your multiplayer possibilities
  • Glean AI — Glean AI is the only Accounts Payable solution that combines smart automation with spend intelligence and powers Finance teams to drive material savings.
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Stefan Lindeberg
Angel · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Gaming startups

Stefan Lindeberg was the Venture Partner and Co-founder of Nordic Game Ventures. He attended Linköping University.

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Investment focus

  • Industry: Software, Gaming, PC Games
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Sweden, Denmark, Estonia

Investor stats

  • Total investments: 17
  • Round size: Seed $531k–$7M; Angel $92k–$750k; Pre-Seed $100k–$7.5M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Lovable — Build apps, websites, and digital products faster using Lovable's AI-powered platform, no deep coding skills required.
  • The Wild Ventures — A house of sustainable brands, designed for disruption, differentiated by creativity, and supercharged by AI.
  • Blue Scarab Entertainment — Blue Scarab Entertainment is Stockholm-based video game studio developing a surprising MMORPG for fans of cozy escapism, true-crime, supernatural mystery, and horses.
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Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 4 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 249
  • Round size: Seed $285k–$2.3M; Pre-Seed $5.8k–$318k
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Anferra — Turning hazardous steel waste into clean water and green energy.
  • InfiniNode Technologies AB — InfiniNode is a semiconductor IP company that seeks to enable efficient data movement in future compute systems.
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Access 48,091 investors

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

Browse database — It's Free!
Konvoy
VC Fund · Denver, Colorado, United States · 4 investments in Sweden Gaming startups

Konvoy Ventures is a thesis driven venture capital firm. We invest in the platforms and technologies at the frontier of gaming.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 63
  • Round size: Seed $1M–$8.3M; Pre-Seed $1.5M–$4.5M; Series A $4M–$25M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • GoSats — Earn bitcoin rewards when you shop online at your favourite brands in India.
  • Seasats — Missions completed for defense, science, and commercial customers around the world.
  • Lux Aeterna — New Album Echoes From Silence out September 2013
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Gaming startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Food Processing, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, United Kingdom, Canada

Investor stats

  • Total investments: 26
  • Round size: Seed $360k–$2.5M; Pre-Seed $100k–$2M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Opalia — Opalia is introducing a new era of dairy: functional, delicious, and sustainable dairy made from mammary cells.
  • Hooked Foods — Hooked Foods is working on a plant-based tuna substitute. By serving delicious plant-based seafood for everyone to enjoy, the company is leading the transition to a healthier seafood ecosystem. The company was established in 2019 and is headquartered in Sweden.
  • Cultimate Foods — At Cultimate, we are transforming the flavor and aroma industry with natural innovative ingredients.
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Kyros Ventures
VC Fund · 3 investments in Sweden Gaming startups

We are the gateway of accessibility to Vietnam, the fastest-growing crypto market in the world.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Singapore, Vietnam

Investor stats

  • Total investments: 113
  • Round size: Seed $1.2M–$6M; Series A $1.5M–$50M; Venture - Series Unknown $50k–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Portal to Bitcoin — The only custody-less interoperability protocol for Bitcoin. Swap native BTC, Ordinals, Runes with L2s and L1s
  • Euler — The credit layer for programmable finance
  • WorkQuest — About WorkQuest WorkQuest is a decentralized employment and workforce automation protocol enabling employers and workers to collaborate through smart contracts, stablecoin payments, AI matching engines, and on-chain reputation scoring. The platform transforms global employment into a transparent, verifiable, and borderless digital labor economy.
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Jacob Ehrnrooth
Angel · Helsinki, Southern Finland, Finland · 3 investments in Sweden Gaming startups

Jacob Ehrnrooth

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Investment focus

  • Industry: SaaS, Delivery, Software
  • Stage:Angel, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Picsmart — Picsmart operates as a food delivery company.
  • Insert Coin — Insert Coin provides world-renowned expertise and a leading gamification platform that helps companies achieve digital growth by improving key metrics such as engagement, retention, and churn. With customers such as Storytel, Forza Football, and Raiffeisen Bank, we engage more than 10 million users globally. Insert Coin’s platform isresource-effective, quick to implement, and easy to manage for our clients. The power of AI combined with our science department guarantees scientifically proven and sustainable gamification that will improve your growth.
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Bonnier Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies of various sizes.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, Finland, Germany

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$5.9M; Venture - Series Unknown $2.4M–$96M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Acast — Want to start a podcast? Acast can help. We're the world's leading independent podcast company, helping creators and advertisers reach listeners globally.
  • AAC Clyde Space — AAC Clyde Space; squeezing big performance out of small satellites and CubeSats.
  • Mediaflow Europe — Mediaflow is the platform that makes your files easy to find, your collaboration seamless and your brand stronger.
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Orkla Ventures
VC Fund · 3 investments in Sweden Gaming startups

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

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Investment focus

  • Industry: Software, Food and Beverage, B2B
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, Norway, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $200k–$4.5M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Cerve — Cerve helps food and beverage companies turn fragmented data into reliable insights and agentic automations.
  • Knodd — With Knodd you get to meet experienced child nurses free of charge .
  • Healthily — The path to perfect health starts with self-care and Healthily is here to guide you step by step.
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Griffin Gaming Partners
VC Fund · Los Angeles, San Luis Potosi, Mexico · 3 investments in Sweden Gaming startups, 8 in the past 12 months

Griffin Gaming Partners is a venture capital firm focused exclusively on the gaming industry The firm invests across the broad gaming ecosystem, including content, software, and platforms.

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Investment focus

  • Industry: Gaming, Video Games, Blockchain
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 79
  • Round size: Seed $1.9M–$18M; Series A $6.5M–$46M; Venture - Series Unknown $6M–$46M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $750M in 2022

Portfolio highlights

  • Watch.fun — Luxury watch drops. Win a Rolex for as little as $7, drops weekly. Certified by Wristcheck. Backed by @TheSpartanGroup @SolanaVentures @BigBrainVC and more...
  • Scott Coker MMA — Scott Coker is building it to organize and promote professional MMA events worldwide.
  • TinyBuild — tinyBuild is the indie label behind games like Hello Neighbor, Graveyard Keeper, Pathologic 2 and more
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BLN Capital
VC Fund · Schönefeld, Brandenburg, Germany · 3 investments in Sweden Gaming startups

We are an investment firm focusing on partnerships with aspiring companies in the venture capital and private equity space.

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Investment focus

  • Industry: Video Games, Gaming, Internet
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 23
  • Round size: Seed $125k–$8M; Series A $6.6M–$20M; Venture - Series Unknown $300k–$1B
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Coherence — Unlock your multiplayer possibilities
  • Unbound Nation — We connect gaming NFT owners and gamers via a single interface - the Unbound platform. Lend and borrow your gaming NFTs here in an easy & seamless way.
  • The Football Company — Create your digital fan identity and compete against others worldwide. Collect & win rare NFT items, that you truly own and trade them to earn real profit.
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FOV Ventures
VC Fund · London, England, United Kingdom · 3 investments in Sweden Gaming startups

FOV Ventures invests in early-stage European companies across Spatial Computing, AI, 3D, and Robotics.

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Investment focus

  • Industry: Software, Gaming, 3D Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, United Kingdom, Germany

Investor stats

  • Total investments: 38
  • Round size: Seed $1.9M–$11M; Pre-Seed $333k–$4.2M; Series A $8.2M–$37M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Spogen.ai — One knowledge layer for industrial equipment. Authoring, AI assistants, documentation checks, and dealer access combined in one platform.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Food and Beverage, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 108
  • Round size: Seed $700k–$14M; Series A $4.2M–$56M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $340M in 2024

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • Verse — Define & achieve your financial and emissions reduction goals with Aria, a software platform that helps companies buy and manage clean power.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
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Kinnevik
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 173
  • Round size: Series A $2M–$91M; Series B $23M–$120M; Series C $40M–$200M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Zalando — Zalando is a European online fashion platform- offering a broad assortment of fashion for men, women and children. It carries over 1.500 brands and over 150.000 product choices for over 17 million customers in 15 countries. By constantly optimising its processes and platform offerings, using its e-commerce expertise and lots of can-do spirit,Zalando have become Europe's leading online fashion retailer in only a few years. Its goal is to create the world’s best online fashion experience. The cores of its business are what the company focuses on, always striving to be cutting-edge in fashion, technology, marketing, and logistics. Zalando SE in Berlin is the group’s centrepiece which focuses on the development of its core product: the online shopping experience. Zalando SE operates the international business and takes care of their business development. Zalando SE comprises functions like the management, marketing, administration, and technology.
  • Oda — Oda is an online grocery retailer that provides door-to-door delivery services. It offers a huge range of fresh produce groceries to millions of doorsteps. Using the data-driven methodology, with a focus on sustainability all the way along the chain, the company aims to build an efficient retail system in the world. The company was founded in2013 and is headquartered in Oslo, Norway.
  • Global Fashion Group — Global Fashion Group (GFG) is the leading fashion and lifestyle destination in LATAM, SEA & ANZ.
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Coin98
VC Fund · Ho Chi Minh City, NA - Vietnam, Vietnam · 3 investments in Sweden Gaming startups

Coin98 is an open, decentralized crypto wallet offering tools and infrastructure for everyone to access and seize opportunities to build their future on the Open Internet.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: Sweden, Singapore, Estonia

Investor stats

  • Total investments: 20
  • Round size: Seed $1.8M–$7M; Series A $4.1M–$5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • TomoChain — TomoChain is an innovative solution to scalability problem with the Ethereum blockchain, and other blockchain platforms. TomoChain features a 150-Masternodes architecture with Proof of Stake Voting (POSV) consensus for near-zero fee, and instant transaction confirmation. Security, stability and chain finality are guaranteed via novel techniquessuch as double validation, staking via smart-contracts and uniform randomization processes.TomoChain supports all EVM-compatible smart-contracts, protocols, and atomic cross-chain token transfers. Scaling techniques such as sharding, EVM parallelisation, private-chain generation, hardware integration will be continuously researched and integrated into TomoChain which will become an ideal scalable smart-contract public blockchain for decentralized apps, token issuance and token integration for small and big businesses.
  • BovineVerse — BovineVerse is a Korean Metaverse chain game and sports guessing platform developer.
  • Alliance Games — Build Beyond Limits. Multiplayer for the Next, Decentralized Era.
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EQT Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totaling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than justcapital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but on bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totaling €660 million. EQT Ventures III launched in 2022, with commitments totaling €1.1 billion, making it the biggest European Venture Capital fund committed to early-stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris, and San Francisco, taking a locals-with-locals approach and supporting founders on the ground. Motherbrain, EQT Ventures' in-house-developed artificial intelligence (AI) platform, ensures the team has a data-driven approach and has driven more than $100 million in portfolio company investments.

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Investment focus

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

Investor stats

  • Total investments: 273
  • Round size: Seed $2.6M–$15M; Series A $6.8M–$44M; Series B $18M–$100M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $1.1B in 2022

Portfolio highlights

  • CallDesk — Transform your contact center with 24/7 AI voice agents. From day one, get custom setup, rapid deployment, and reliable integrations for smoother customer journeys.
  • Peltarion — With our AI platform, you can build your own deep learning models and benefit from the smart things with real-world use of artificial intelligence
  • CodeSandbox — CodeSandbox is a cloud development platform that empowers developers to code, collaborate and ship projects of any size from any device in record time.
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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Sweden Gaming startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2216
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • Praktiki — Praktiki is building the "Decision Layer" for medicine.While medical knowledge doubles every 73 days, frontline clinicians struggle to translate guidelines into practice. Current AI search tools excel at surfacing public data from clinical trials, but fail to capture "how" experts apply that evidence in real-world scenarios.Praktiki fills this gap. We utilise an AI Agentic Creator Engine to capture tacit specialist reasoning and fuse it with public evidence. This feeds a proprietary Expert Knowledge Graph that powers: 1) Microlearning: Case-based modules created 10x faster and which are 170% more effective than traditional education 2) AI Expert Guidance: Real-time decision support synthesising evidence with expert implementation strategies.2025 Traction - our MVP proved that solving the expertise gap drives high engagement: - Registered >10% of UK GPs - 60,000+ modules completed with an 85% completion rate - 51% month-over-month growth - Market-leading NPS of 83We are building a compounding data moat to expand beyond education into clinical intelligence and healthcare data solutions.
  • Mast — Mast is the cloud-native, fully configurable loan origination platform empowering lenders to process applications faster and smarter. We make lending better, smoother and faster.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
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Headline
VC Fund · San Francisco, California, United States · 3 investments in Sweden Gaming startups

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.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Brazil

Investor stats

  • Total investments: 501
  • Round size: Seed $1.1M–$12M; Series A $4.4M–$30M; Series B $7.7M–$87M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Cameo — Cameo is a marketplace where fans can book personalized video shoutouts from their favorite people.Cameo's mission is to create the most personalized and authentic fan experiences in the world. We're a marketplace where users can book personalized video shoutouts from their favorite people. We currently partner with thousands of talentacross all verticals. Cameo’s offices are in 1871 and we are proud to be part of Chicago’s thriving technology and startup community.
  • Getta — We partnered with danisauto.com, to give you the best car buying experience.
  • Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
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SYBO Games
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Sweden Gaming startups

A mobile game company in Copenhagen striving to craft meaningful experiences that can be played by everyone.

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Investment focus

  • Industry: Video Games, Online Games, Gaming
  • Stage:Seed, Series A, Series B
  • Geography: Canada, Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $1.4M–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hiber — Hiber has created a gaming and entertainment platform where people can play and create on their mobile devices and PCs. Hiber was founded in 2017 and is based in Gothenburg, Sweden and operates Hiber social Apps (Hiber), and a web-based entertainment platform, HiberWorld.The team originally created HiberWorld as a place for people to createtheir own 3D interactive experiences and share them with others, without the need to code. Initially, everything was browser-based and in 2019 the company reached a major milestone when it released touch creation mode, bringing the experience of making and sharing UGC creations to mobile devices with touch screens.Since then, More than 1 Million experiences have been created including virtual worlds, 3D hangouts, games, playgrounds, speed-run challenges, interactive science museums, roller coasters, pixel art showcases, and more.As the company has added more social features, it has seen explosive growth amongst mobile users. At its root, Hiber is giving people a new language with which to communicate using interactive 3D elements, without the need to code, so anyone can tell their story or deliver their message to the world.
  • Mino Games — Mino Games is a free-to-play mobile gaming studio that produced the top 50 grossing mobile game Mino Monsters, with over 13 million downloads. We create deeply engaging, widely appealing games for millions of fans. We’re currently building our world class development studio in Montreal.We are a small group of passionate engineers, artists andanalysts with a mission to create games that millions of people all around the world love to play for years. We are funded by the best angel investors, institutional investors, and gaming companies from across the world.Our third and latest game, Cat Game, has already hit the App Store’s Top 100 Grossing Chart in Canada. The game, currently in soft launch, is showing world class key metrics, and we are expecting it to be a global hit when we launch it by February 2019.We are looking today to grow the team and looking for world class ambitious talent to come join us on the journey, to develop and support this newest title into a global success on both iOS and Android, and help us with future projects as we rapidly grow.
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Jonas Nordlander
Angel · 3 investments in Sweden Gaming startups

Jonas Nordlander is a Co-Founder & CEO at Avito.ru.

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Investment focus

  • Industry: Apps, E-Commerce, Fashion
  • Stage:Seed, Angel
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $700k–$1.8M; Angel $579k–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Werlabs — Werlabs is a Stockholm based medical technology company founded by Will Stoddart and Rickard Lagerqvist, a general practioner. Werlabs provides customers with health analysis via blood testing. The company’s aim is to give users the tools and information to take care of their health.
  • Glue Home — Imagine coming back from work to a clean home, the parcel from your favourite online store is in the hallway, your groceries have been delivered to the fridge and your dry cleaning is in the closet. All done while you were out. Imagine that at the same time you were helping reduce traffic, pollution and create jobs in your community.Glueenables the secure delivery of products and services into the home while you are away. Glue aims to improve ecommerce, foster trust and collaboration in communities and optimise time and resources.Glue connects consumers homes with businesses. We enable access to the home via a proprietary award-winning digital smart lock and other digital locks using Glue’s API which lets users give out digital keys in the Glue app. We are integrated with leading logistics, retail and services companies to offer delivery into the home. With Glue’s In-Home delivery app couriers can securely unlock a customer’s home to deliver an order while the customer is out.
  • Cellcolabs — Cellcolabs provides high quality stem cells at competitive prices for use within research and treatments.
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups, 22 in the past 12 months

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: 288
  • Round size: Seed $1.8M–$17M; Series A $5.3M–$35M; Series B $8M–$87M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Passionfroot — A workspace where you can manage your creator business and organise your finances so that you can optimise your creator-work-life balance.
  • OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.
  • EquiLibre Technologies — The Next Generation of Algorithmic Trading
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Everywhere Ventures
VC Fund · New York, New York, United States · 3 investments in Sweden Gaming startups

Everywhere Ventures is a global pre-seed venture capital fund for founders, by founders. Click to read Everywhere VC, by Everywhere Ventures, a Substack publication with tens of thousands of subscribers.

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Investment focus

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

Investor stats

  • Total investments: 1093
  • Round size: Seed $1.2M–$6.5M; Pre-Seed $500k–$2.6M; Series A $8M–$20M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Suma Wealth — Meet Charlie, your AI financial coach inside the SUMA app. Get personalized budgeting, savings, and investing advice in English or Spanish.
  • Journey Live — Journey is shifting the way modern companies prioritize mental health. Our proactive, inclusive tools engage every employee, every day.
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Filip Engelbert
Angel · 3 investments in Sweden Gaming startups

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

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Investment focus

  • Industry: Apps, E-Commerce, Fashion
  • Stage:Seed, Angel
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $700k–$1.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Werlabs — Werlabs is a Stockholm based medical technology company founded by Will Stoddart and Rickard Lagerqvist, a general practioner. Werlabs provides customers with health analysis via blood testing. The company’s aim is to give users the tools and information to take care of their health.
  • Glue Home — Imagine coming back from work to a clean home, the parcel from your favourite online store is in the hallway, your groceries have been delivered to the fridge and your dry cleaning is in the closet. All done while you were out. Imagine that at the same time you were helping reduce traffic, pollution and create jobs in your community.Glueenables the secure delivery of products and services into the home while you are away. Glue aims to improve ecommerce, foster trust and collaboration in communities and optimise time and resources.Glue connects consumers homes with businesses. We enable access to the home via a proprietary award-winning digital smart lock and other digital locks using Glue’s API which lets users give out digital keys in the Glue app. We are integrated with leading logistics, retail and services companies to offer delivery into the home. With Glue’s In-Home delivery app couriers can securely unlock a customer’s home to deliver an order while the customer is out.
  • NA-KD.com — NA-KD.com is the next generation of fashion marketplaces. A predominantly mobile-based online shopping sanctuary for fashion addicts all over the world. Combined with a unique merchant service that unleashes the e-commerce power of digital brands and social influencers. Funded by the original founder and team behind Nelly.com (170 million USDonline fashion store).
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Inbox Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

Venture Capital in disruptive, global and high growth potential companies. Stage of funding is pre-series A - C rounds

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Investment focus

  • Industry: Apps, Software, Mobile Apps
  • Stage:Seed, Series A
  • Geography: Sweden, United States, United Arab Emirates

Investor stats

  • Total investments: 36
  • Round size: Seed $1.2M–$5.9M; Series A $2.1M–$11M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Kavall — Kavall is a grocery delivery startup.
  • VOI Technology — VOI is a micro-mobility startup that provides electric scooters for last-mile transportation. Douglas Stark, Filip Lindvall, and Fredrik Hjelm founded it in 2018. Its headquarters is located in Stockholm in Sweden.VOI Technology is aiming to create a system of electrically powered scooters around urban centers to provide an affordable,sustainable, and exhilarating way to commute while helping people to reduce their carbon footprint and cities to have a more sustainable transportation network.
  • 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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Dreamcraft Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Sweden Gaming startups

Seed-to-A engineers. We invest in techdriven companies in the Nordics and Europe.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United Kingdom, Germany

Investor stats

  • Total investments: 49
  • Round size: Seed $200k–$4.3M; Pre-Seed $500k–$3.1M; Series A $10M–$16M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2014

Portfolio highlights

  • Zellify — Zellify is a constructing Web2App infrastructure.
  • Leadfamly — The gamification platform for marketers to create immersive brand experiences. Join hundreds of global brands making marketing playable >>
  • GamerzClass — A new beginning for GamerzClass
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 197
  • Round size: Seed $1.2M–$6.2M; Series A $3.3M–$21M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • Fyndiq — Fyndiq is an e-commerce platform through which we offer a range of products for bargain hungry shoppers. We provide a sales channel for all types of e-tailers who want to boost their sales in an accessible way. Through Fyndiq individual retailers can effect fully sell of its overstock, while consumers have a one stop shop for bargain productsonline. Fyndiq offers more then 220 000 products to consumers from over 1 100 merchants in Sweden. Fyndiq was founded in Stockholm in August 2009 and launched its platform in august 2010. Since then we have been growing rapidly both in terms of turnover and employees. In 2012 our sales was 56 million SEK, a number we doubled in 2013 to sales of almost 124million SEK. In November 2014 Fyndiq raises $20M to take the platform internationally. The funding is notable in that it was led by one of the more prominent VCs based in the Nordics, Northzone, which was an early investor in Spotify. The other investor in this round, Industrifonden, is a VC backed by the Swedish government that invests in startups from the country to help scale them internationally. Currently we are 75 dedicated and motivated team members who make it all happen.
  • Avtal24 — Avtal24 offers in an easily accessible manner agreements for both private individuals and companies. They believe in making the law available to everyone and they want everyone to have access to legal security. With us, you write agreements online or together with a lawyer by phone. Always at a fixed price. With high legal expertise, innovativetechnology and great focus on customer benefit and offer the market's most accessible legal services.Avtal24 was founded in 2004 and is headquartered in Stockholm, Sweden.
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Almi Invest GreenTech
VC Fund · 3 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 26
  • Round size: Seed $500k–$4.5M; Series A $2.2M–$12M; Venture - Series Unknown $1.3M–$11M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • Rivus Batteries — Rivus is a start-up that serves as the commercialization platform for the aqueous organic flow battery technology.
  • Digiclean Solutions — AI-powered process chemical control that gives you lower costs, higher efficiency, and a radically smaller footprint.
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Nordic Venture Partners (Sweden)
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Sweden Gaming startups

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

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Investment focus

  • Industry: Software, Information Technology, Gaming
  • Stage:Series A, Series B
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 32
  • Round size: Series A $3.3M–$12M; Series B $4M–$12M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $135M in 2005

Portfolio highlights

  • Bitbar — Whether web, native, or hybrid, securely test your app across the real environments you need. No lab maintenance required.
  • ZirooPay — IroFit mobile card reader allows small businesses accept card payments anywhere they operate, even in areas with poor internet connection. By ensuring widest possible coverage area and effective operations, merchants increase sales and buyers are better served. We improve the overall purchasing experience for billions living in areas withpoor/no Internet connection.
  • PEAR Health Labs — Pear Sports is a health and fitness software platform that delivers digital coaching solutions. The platform pushes the consumer experience to the next level with dynamic, interactive audio and video workouts and personalized coaching.
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CoinFund
VC Fund · Brooklyn, New York, United States · 2 investments in Sweden Gaming startups

CoinFund is where web3 capable meets web3 capital: cryptonative technologists who invest in the future before it's a trend.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 159
  • Lead/follow: no public data

Portfolio highlights

  • Raad Labs — We're building the sensory network which the world's authorities have overlooked: unlocking Billions through crowdsourced weather data.
  • Veda — Veda is the largest vault infrastructure platform in DeFi, enabling institutions to launch and manage onchain financial products at scale.
  • LI.FI — Swap and move any crypto asset across any blockchain ecosystem.
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CASSIUS
VC Fund · Atlanta, Georgia, United States · 2 investments in Sweden Gaming startups, 6 in the past 12 months

We are early-stage technology investors across North America and Europe.

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Investment focus

  • Industry: Gaming, Software, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 56
  • Round size: Seed $1.5M–$15M; Pre-Seed $1.3M–$4M; Series A $6.5M–$14M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Olyzon — Olyzon offers adtech solutions for Connected TV, enhancing brand uplift, optimizing user engagement, and maximizing ROI for advertisers, content owners, and distributors.
  • Blocktool — Blocktool API gives you access to several LLMs and optimizes your cost by routing queries to the best and cheapest models.
  • Paage — Paage offers a link-in-bio platform that enables creators and businesses to sell digital and physical products.
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Wild Sloths
VC Fund · 2 investments in Sweden Gaming startups

Wild Sloths

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Investment focus

  • Industry: Video Games, Online Games, Social Network
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Round size: Seed $1.4M–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hiber — Hiber has created a gaming and entertainment platform where people can play and create on their mobile devices and PCs. Hiber was founded in 2017 and is based in Gothenburg, Sweden and operates Hiber social Apps (Hiber), and a web-based entertainment platform, HiberWorld.The team originally created HiberWorld as a place for people to createtheir own 3D interactive experiences and share them with others, without the need to code. Initially, everything was browser-based and in 2019 the company reached a major milestone when it released touch creation mode, bringing the experience of making and sharing UGC creations to mobile devices with touch screens.Since then, More than 1 Million experiences have been created including virtual worlds, 3D hangouts, games, playgrounds, speed-run challenges, interactive science museums, roller coasters, pixel art showcases, and more.As the company has added more social features, it has seen explosive growth amongst mobile users. At its root, Hiber is giving people a new language with which to communicate using interactive 3D elements, without the need to code, so anyone can tell their story or deliver their message to the world.
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FBG Invest
VC Fund · 2 investments in Sweden Gaming startups

FBG Invest

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Investment focus

  • Industry: Biotechnology, Manufacturing, Food Processing
  • Stage:Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Mycorena — Mycorena is a fungi-based, next-generation vegan protein and food manufacturing solution to plants, using significantly less resources. Mycorena was established in 2017 and is headquartered in Gothenburg, Sweden.
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VNV Global
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

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

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Investment focus

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

Investor stats

  • Total investments: 96
  • Round size: Series A $1M–$30M; Series B $5M–$85M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • YUV — The world's first smart hair colour lab for salons and freelancers.
  • All3 — All3 uses AI and robotics to design, manufacture, and assemble buildings through a unified system. The company provides an end-to-end system that combines AI-driven architectural design, robotic off-site manufacturing, and automated on-site assembly for residential and commercial structures. Its platform enables customized building components to beproduced and assembled with software-controlled workflows, reducing reliance on manual processes and fragmented supply chains.All3 also offers vertically integrated services that cover planning, engineering, fabrication, and construction delivery, allowing developers to manage projects within a single system. Its technology supports complex building designs and constrained urban sites by adapting production and assembly processes to specific project requirements.
  • VOI Technology — Voi is a micromobility company operating e-bikes and e-scooters in 150+ cities. EBIT-profitable since 2024.
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Astanor Ventures
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Sweden Gaming startups

Astanor Ventures is a venture capital firm focusing on entrepreneurs regenerating the food, blue ocean economy, and agriculture sector. The firm targeting technology-enabled companies across the agri-food value chain, leveraging disruptive technologies to bring about a future of food that is nourishing, regenerative, trusted, and ultra-fresh. Itrings together capital, deep sector knowledge, and a strong network of entrepreneurs, impact investors, technologists, scientists, farmers, chefs, policymakers, and food lovers to give rise to a future of food that is nourishing, regenerative, scalable, trusted, and delicious.

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Investment focus

  • Industry: Agriculture, Biotechnology, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Seed $471k–$17M; Series A $8M–$34M; Series B $18M–$61M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • BioScout — Welcome to BioScout, your partner in revolutionizing the agriculture industry with cutting-edge automated disease detection technology for crop growers and viticulture.
  • Apeel Sciences — Apeel Sciences produces products including avocados, apples, mangos, cucumbers, and citrus protected by plants. They support the plant’s natural ability to protect against environmental stress by maintaining moisture and reducing oxidation.
  • RFI Ingredients — RFI Ingredients manufactures nutritional supplements, specializing in whole food nutrition and organic. American made.
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GFR Fund
VC Fund · San Francisco, California, United States · 2 investments in Sweden Gaming startups

GFR Fund is a San Francisco-based venture capital fund that invests in early-stage startups that are disrupting the consumer entertainment industry. GFR Fund is managed by GREE VR Capital, an affiliate of GREE Inc., a global leader in the mobile gaming industry.With over a decade of experience driving innovators in multi-platform entertainment,we see emerging technologies such as VR, AR, AI, Video Streaming and Blockchain as powerful tools that will propel the entertainment industry into a new generation of consumable content. We are looking for talented entrepreneurs who share our passion and values to help realize their vision and expand their businesses globally.

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Investment focus

  • Industry: Software, Artificial Intelligence, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Australia

Investor stats

  • Total investments: 91
  • Round size: Seed $1.4M–$7.5M; Pre-Seed $1M–$4M; Series A $7M–$20M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $20M in 2019

Portfolio highlights

  • GEEIQ — GEEIQ is the intelligence platform brands use to plan, activate and measure marketing in virtual worlds like Roblox, Fortnite and ZEPETO.
  • CityLegends — A home for urban sports & culture partners of CityLegends. Making the lines.
  • Final Boss Sour — The final boss of sour candy
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Supercell
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Sweden Gaming startups

Visit Supercell.com and find out more about us and our games.

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Investment focus

  • Industry: Gaming, Video Games, PC Games
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $425k–$4.3M; Series A $4.3M–$26M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Applivery — Best-in-class Device Management Solution, easy-to-use admin experience in a cloud-based platform, made for Android and Apple devices. A secure MDM used by governments and enterprises.
  • Space Ape — Visit Supercell.com and find out more about us and our games.
  • Redemption Games — Our studio is built on the principle of blending great artistry and design with top-notch research and data to produce games that are both beautifully created and have blockbuster market potential.
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Edastra Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

Edastra is a Stockholm-based venture capital company with a strong belief in the evolution of the internet. Edastra invests in companies within mobile, internet, and consumer electronics. Founded in 2008 by venture capitalist and entrepreneur Robert Ahldin, Edastra provides intellectual capital and equity to help building great companies.

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Investment focus

  • Industry: Software, E-Commerce, Food and Beverage
  • Stage:Seed, Series D
  • Geography: Sweden, Denmark

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sesamy — Sesamy provides frictionless single purchases and consumption of digital content, without restricting the user’s choice of app or device.
  • Motatos — Motatos is an online retail store that offers a wide variety of food, beverages, and household products to customers.
  • Holm Security — Empowering companies struggling to gain insight into their cyber security landscape.
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Ake Lundén
Angel · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

Ake Lundén

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Investment focus

  • Industry: SaaS, Software, Advertising
  • Stage:Seed, Angel
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Insert Coin — Insert Coin provides world-renowned expertise and a leading gamification platform that helps companies achieve digital growth by improving key metrics such as engagement, retention, and churn. With customers such as Storytel, Forza Football, and Raiffeisen Bank, we engage more than 10 million users globally. Insert Coin’s platform isresource-effective, quick to implement, and easy to manage for our clients. The power of AI combined with our science department guarantees scientifically proven and sustainable gamification that will improve your growth.
  • Match2One — Programmatic advertising platform, high performance and easy to use. Launch intelligent programmatic display campaigns and drive online sales.
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M2 Asset Management
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

M2 Asset Management is a public investment company focusing on real estate. Our business concept is to create long-term growth by owning, managing, and developing properties in Sweden.

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Investment focus

  • Industry: SaaS, Information Technology, Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • Wasder — Join great conversations, manage your clan and find people to play with. Wasder is a gaming community open for everyone. Regardless of who you are and what games you love to play.
  • Instabox — Instabox Express is a shipping service available in selected online stores. It ship your express delivery package to our lockers in Sweden, Norway and Denmark.Instabox handles logistics for e-commerce retailers, offering same-day delivery through its network of last-mile smart delivery lockers. The service reaches about six million Swedes,delivering from the likes of H&M, Ikea, and Lloyds. In a press release, the company claims its growth has more than tripled each year over the last few years.
  • CloudBackend — CloudBackend - The Edge dbPaaS
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DHS Venture Partners
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

DHS Ventures, Stockholm School of Economics alumni angel investing network that invests early on into inovative companies.

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Investment focus

  • Industry: Software, SaaS, Big Data
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 25
  • Round size: Seed $180k–$1.8M; Pre-Seed $400k–$1.4M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Noru — Noru builds an AI-native platform for regulatory compliance.
  • Normain — Normain is the AI platform for deep knowledge work. Automate your complex analyses and reports directly on Sharepoint or Google Drive. Access your own data and public sources in one single platform.
  • Forecasterly — Forecasterly is a SaaS company that provides an AI-powered platform for financial planning and analysis (FP&A).
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Zlatan Ibrahimovic
Angel · 2 investments in Sweden Gaming startups

Zlatan Ibrahimovic

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Investment focus

  • Industry: eSports, Internet, PC Games
  • Geography: Sweden

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Isbit Games
  • Challengermode — Trusted by KRAFTON, Ubisoft, EA, and BLAST. Run tournaments, matchmaking, and gamification across 200+ games and 80+ countries. Free to start.
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Chiffonjén
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Gaming startups

Chiffonjén invests long-term as a minority partner in successful growth companies.

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Investment focus

  • Industry: Software, Logistics, Video Games
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Round size: Seed $1.2M–$1.2M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Cind — Our vision solutions collect data and turn it into actionable insights and measurable value.
  • Gigantic Duck — We're Gigantic Duck Games! A small game development studio in Sweden, creating fun and engaging online multiplayer games that's meant to play together.
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Purple Orange Ventures
VC Fund · Berlin, Berlin, Germany · 2 investments in Sweden Gaming startups

We back founders leveraging science & technology to remove animals from the food system. Purple Orange Ventures invests in early-stage food/biotech companies across the globe with a focus on alternative proteins and cellular agriculture. Themes include cultivated or cultured meat, microbial and

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Animal Feed
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Sweden, China

Investor stats

  • Total investments: 16
  • Round size: Seed $907k–$4.7M; Pre-Seed $500k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Omni — Omni provides Healthy Vegan Dog Food in the UK, made by vets to be a nutritionally complete meal for your dog. Feed your dog all the goodness of plants backed by science.
  • NovoNutrients — NovoNutrients is working to turn waste CO2 into high-value, low-cost proteins and additives for food and feed by developing proprietary microbes and advanced gas fermentation systems.
  • Prolific Machines — Difficult protein production made simple. A next-generation expression system for next-generation therapeutics.
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Gaming Investor funding in Sweden at a glance

Stats across 364 deals from 573 investors.

573
investors
in Sweden Gaming startups
364
deals
in Sweden Gaming startups
$2M
median round
in Sweden Gaming startups
30%
lead investors
lead at least one round
31%
Seed
most common funding stage
72/28
VC / Angel
share of investor count

Access all 573 investors in Sweden Gaming startups.

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