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Top 20 Hospitality Startup Investors in Sweden (October 2026)

The most active venture capital funds and angel investors investing in Sweden Hospitality startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Hospitality startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Almi Invest
VC Fund
4 Sweden, Norway, United States Venture - Series Unknown, Seed Software, Health Care, Information Technology $226k–$3.5M
HOWZAT Partners
VC Fund
2 United Kingdom, Germany, United States Seed, Series A, Venture - Series Unknown Travel, E-Commerce, Software $393k–$11M
Tranquility Capital
VC Fund
2 China, Sweden Seed, Series D iOS, Gaming, Travel $700k–$2.4M
Vendep Capital
VC Fund
1 Finland, Denmark, United States Seed, Series A, Venture - Series Unknown Software, SaaS, Information Technology $823k–$13M
Johannes Eriksson
Angel
1 Sweden Seed, Series A B2B, Apps, Recycling
ANUP REDDY PERATI
Angel
1 United States, Sweden Seed Travel, Hospitality, Financial Services $250k–$522k
Entreprenör Invest
VC Fund
1 Sweden Venture - Series Unknown, Seed Software, SaaS, Gaming $1.2M–$3.4M
Zenith Venture Capital
VC Fund
1 Sweden, Denmark, Finland Seed, Series A, Series B Software, Sports, Apps $772k–$12M
Skåne Ventures
VC Fund
1 Sweden Seed, Pre-Seed, Non-Equity Assistance Software, Forestry, Marketing $421k–$1.2M
Aron Andersson
Angel
1 Sweden Seed Travel, Ediscovery, Hospitality
Keith Grose
Angel
1 United Kingdom, United States, Germany Seed, Pre-Seed, Series A FinTech, Financial Services, Software $650k–$53M
Orkla Ventures
VC Fund
1 Norway, Sweden, United Kingdom Seed, Venture - Series Unknown, Angel Software, B2B, Apps $200k–$20M
nFront Ventures
VC Fund
1 Sweden Seed B2B, SaaS, Big Data
The First Thirty
VC Fund
1 United States, Sweden, Ireland Seed, Series A Agriculture, Biotechnology, B2B $4.3M–$8.1M
Ponderosa Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Pre-Seed, Series A Agriculture, Biotechnology, AgTech $500k–$54M
SuperSeed Ventures
VC Fund
1 United Kingdom, Sweden, Israel Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $1M–$14M
ESS Group
VC Fund
1 Sweden Corporate Round Rental, Lifestyle, Hospitality
LU Innovation
VC Fund
1 Sweden, Egypt, Denmark Venture - Series Unknown, Seed Health Care, Medical, Biotechnology $342k–$3.8M
Butterfly Ventures
VC Fund
1 Finland, Sweden, Norway Seed, Pre-Seed Software, Health Care, Information Technology $110k–$4.3M
MP Pensjon
VC Fund
1 Norway, Sweden, United States Seed, Series A Software, Information Technology, SaaS $500k–$9M
Access all 31 investors in Sweden Hospitality startups.

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Investor list

Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Hospitality startups

Almi Invest is Sweden’s most active early-stage venture capital firm, investing in scalable startups across Sustainability, Industry, Tech, and Life Science. We invest from pre-seed to Series A, always co-investing with independent private investors to accelerate innovation and long-term success. Our portfolio spans sustainable solutions, industrial innovation, deep tech, SaaS, and life science, supporting startups that drive economic and environmental progress. With €430 million under management and over 1,000 investments since 2009, we have backed leading companies like MIPS, Tobii, and Neo4j, with notable exits to Google, Apple, Microsoft, and Qlik. Beyond capital, we offer engaged ownership, providing strategic guidance, active board participation, and access to an extensive investor network. Almi Invest is part of the Almi Group and is funded by the European Regional Development Fund, Almi AB, and regional partners.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 552
  • Round size: Seed $226k–$2.2M; Venture - Series Unknown $326k–$3.5M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • 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.
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HOWZAT Partners
VC Fund · Luxembourg, Luxembourg, Luxembourg · 2 investments in Sweden Hospitality startups

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. Howzat Partners was founded in 2006 and is based in Luxembourg and London.

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Investment focus

  • Industry: Travel, E-Commerce, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 95
  • Round size: Seed $393k–$2.5M; Series A $1.6M–$11M; Venture - Series Unknown $1.7M–$9.8M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Wingly — Wingly is a flight sharing platform. Find pilots or passengers for your trip.
  • Quoroom — A single intelligent platform to manage capital raising,equity, debt and employee options
  • Mymoria — MYMORIA offers an one-stop-online-shop for full configuration and complete commissioning of funerals. Mymoria is able to offer its services significantly cheaper than traditional mortician homes. The company is offering its services nationwide and work hard to organize our processes efficiently while maintaining thehigh service standards.
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Tranquility Capital
VC Fund · Lidköping, Vastra Gotaland, Sweden · 2 investments in Sweden Hospitality startups

Tranquility Capital is a private equity firm.

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Investment focus

  • Industry: iOS, Gaming, Travel
  • Stage:Seed, Series D
  • Geography: China, Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $700k–$2.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CooTek — CooTek (NYSE: CTK), founded in 2008, listed on NYSE on September 28th, 2018, is a global and fast-growing mobile internet company that develops innovative mobile apps and artificial intelligence technology. With a massive global user base, CooTek aims to empower users to express themselves and enjoy relevant content seamlessly. CooTek’s flagshipmobile app, TouchPal Keyboard, uses unparalleled technology to provide the best input experience to both Android and iPhone users. CooTek has also developed many content-rich apps, spanning across 5 selected verticals including fitness, lifestyle, healthcare, news and short videos, and entertainment. In September 2018, CooTek’s global products reached an average of 213.7 million monthly active users around the world. Headquartered in Shanghai, CooTek offices can be found in Silicon Valley, Beijing, Taipei, Guangzhou, and Shenzhen. Today, CooTek has over 170 patent applications and granted patents worldwide and continually pursue excellence in technology innovation and intellectual property development. CooTek has also established its own big data development center and AI lab in Silicon Valley. Many academic papers written by CooTek have been used in discussions at world-renowned big data and AI conferences such as AAAI, KDD and CIKM.
  • Handiscover — Handiscover is the first community based Holiday accommodation-booking website, dedicated to people with special needs and disabilities. At the core of Handiscover lies a unique classification system which allows users to select accommodation based on their different levels of mobility/physical disability. It was founded by SebastienArchambeaud in 2014, a father to a boy with a muscle disease.
  • Arker:The legend of ohm — Arker is a nonfungible token (NFT), a play-to-earn game that allows users to earn crypto and trade it for actual money. To fight for the city of Ohm, players must recruit heroes of different classes. As a result, they increase the loot of Arker, a mineral of great value. Fighting against another player allows earning tokens, which can be exchangedfor items, and playing player-versus-environment enables to earn rewards for items.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Sweden Hospitality startups, 7 in the past 12 months

We back early-stage B2B SaaS founders in the Nordics & Baltics with capital, expertise, and long-term partnership. See how we invest and support growth.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland, Denmark, United States

Investor stats

  • Total investments: 56
  • Round size: Seed $823k–$5.4M; Series A $3.9M–$13M; Venture - Series Unknown $1.4M–$13M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Complir — Complir's AI agents map product data, analyse compliance risks, generate documentation and track regulations across every market you sell in.
  • SmallClaims — SmallClaims is a LegalTech company that provides technology-enabled legal collection and representation services for civil claims up to 100,000 DKK. The company represents businesses and private individuals in small claims under the simplified court process and in enforcement court proceedings. SmallClaims uses automated workflows, algorithms, and machine learning to assess cases, initiate proceedings, and manage large volumes of lawsuits. Its team acts as a party representative rather than a law firm, handling communication with courts, debtors, and debtor representatives. The service covers steps from initial demand letters and payment orders to court filings, judgment enforcement, and administration of instalment plans. SmallClaims aims to make pursuing smaller monetary claims procedurally manageable and economically viable for its clients.
  • EnforceShield — EnforceShield provides an agentic AI system designed to identify and eliminate stolen or misused content.
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Johannes Eriksson
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Hospitality startups

Johannes Eriksson

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Investment focus

  • Industry: B2B, Apps, Recycling
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Nudient —
  • &Repeat — Slotindo62 sudah menjadi pilihan utama para slotter indonesia sebagai situs slot gacor berpengalaman selama 9 tahun dalam menyediakan game slot terbaik dan terupdate.
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ANUP REDDY PERATI
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Sweden Hospitality startups

Anup Reddy Perati is the Founder and Chief Executive Officer at LASDAX. Anup Reddy Perati graduated with a B.S. in Computer Science from Massachusetts Institute of Technology.

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Investment focus

  • Industry: Travel, Hospitality, Financial Services
  • Stage:Seed
  • Geography: United States, Sweden

Investor stats

  • Total investments: 3
  • Round size: Seed $250k–$522k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • ESPEXA — Travel Experience Assistance Services
  • PRESCRIBEAI — AI Services
  • Bucks For Browns — Financial Management Assistance
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Entreprenör Invest
VC Fund · 1 investments in Sweden Hospitality startups

Entreprenör Invest is a venture capital firm that prefers to invest in small, entrepreneurial companies in locations outside the metropolitan areas. The firm is active and engages in the companies it invests in. By being long-term and active, the firm hopes to contribute to the success of the companies it invests in, at the same time as itsinvestment increases its value.

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Investment focus

  • Industry: Software, SaaS, Gaming
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Round size: Venture - Series Unknown $1.2M–$3.4M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Cind — CIND develops automated 3D vision systems that capture dimensions, volume, images, barcodes, labels and master data for logistics, air cargo and forestry.
  • Handiscover — Handiscover is the first community based Holiday accommodation-booking website, dedicated to people with special needs and disabilities. At the core of Handiscover lies a unique classification system which allows users to select accommodation based on their different levels of mobility/physical disability. It was founded by SebastienArchambeaud in 2014, a father to a boy with a muscle disease.
  • LocalizeDirect — We help game developers go global with localization CMS, translation and localization testing. Trusted by over 400 gaming companies worldwide.
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Zenith Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Hospitality startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Cerve — Cerve brings together the AI platform, deployment teams and strategic partnership to transform how food and beverage enterprises operate.
  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • CoCoach — Eine Plattform unter deiner Marke, ein ganzes Team dahinter: Marketing, Vertrieb, Daten, Operations. Wachse mit Gruppencoaching, ohne Leute einzustellen.
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Skåne Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Hospitality startups

Fast Track Capital is a financial company that provide angels funding.

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Investment focus

  • Industry: Software, Forestry, Marketing
  • Stage:Seed, Pre-Seed, Non-Equity Assistance
  • Geography: Sweden

Investor stats

  • Total investments: 6
  • Round size: Seed $1.1M–$1.2M; Pre-Seed $421k–$441k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nimt.ai — Track, analyze, and boost your brand's visibility, ranking, and share of voice on AI platforms like ChatGPT and Perplexity.
  • Curve (Formely - Re:meat) — Re:meat, founded in 2022, is claimed to be the first Swedish cultivated meat startup. It emerged from stealth in July 2023 and unveiled the world’s first cultivated Swedish meatballs. The company focuses on large-scale, locally produced sustainable meat and planned to build Scandinavia’s first large-scale cultivated meat facility. Re:meat intendedto develop cultivated beef as its first product and plans to have a market-ready product by 2025–2026
  • Bookboost — Communicate with your guests without any effort and across the entire guest journey. Our Multi-Channel CRM and Unified Inbox are here to help you enhance your guest experience.
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Aron Andersson
Angel · 1 investments in Sweden Hospitality startups

Aron Andersson

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Investment focus

  • Industry: Travel, Ediscovery, Hospitality
  • Stage:Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Handiscover — Handiscover is the first community based Holiday accommodation-booking website, dedicated to people with special needs and disabilities. At the core of Handiscover lies a unique classification system which allows users to select accommodation based on their different levels of mobility/physical disability. It was founded by SebastienArchambeaud in 2014, a father to a boy with a muscle disease.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Keith Grose
Angel · London, England, United Kingdom · 1 investments in Sweden Hospitality startups

Keith Grose is currently non-executive director for Zero Hash and an active angel/advisor for early stage startups. He previously led Europe and international expansion for Plaid, and served as COO at SequenceHQ (backed by a16z). He is currently based in London and spent a decade in the SF Bay Area at Google and Bain. Keith Grose attended theUniversity of North Carolina at Chapel Hill.

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Investment focus

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

Investor stats

  • Total investments: 32
  • Round size: Seed $2.5M–$16M; Pre-Seed $650k–$6M; Series A $14M–$53M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Firenze — Firenze aims to expand financial services by extending investment-backed lending to a wider audience, recognizing its importance in wealth creation and preservation. The founding team aims to democratize Lombard lending, making it accessible to all, while focusing on mass affluent clients.
  • MarvelX — MarvelX builds the agentic AI platform for regulated industries sush as insurance.
  • Steward — Steward is an end-to-end KYC/B onboarding experience built for an AI age.
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Orkla Ventures
VC Fund · 1 investments in Sweden Hospitality 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, B2B, Apps
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Norway, Sweden, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $200k–$4.5M; Venture - Series Unknown $4M–$20M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Cerve — Cerve brings together the AI platform, deployment teams and strategic partnership to transform how food and beverage enterprises operate.
  • 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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nFront Ventures
VC Fund · 1 investments in Sweden Hospitality startups

Investment focus

  • Industry: B2B, SaaS, Big Data
  • Stage:Seed
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Cerve — Cerve brings together the AI platform, deployment teams and strategic partnership to transform how food and beverage enterprises operate.
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The First Thirty
VC Fund · London, England, United Kingdom · 1 investments in Sweden Hospitality startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Edacious — Edacious is a new food system. Our company can help you differentiate the quality of your food.
  • Antler Bio — Unlock the potential of your dairy herd with EpiHerd's AI-driven insights, enhancing cow health, milk yield, and feed efficiency through advanced genetic analysis and targeted recommendations.
  • Rhizocore Technologies — We develop high-performance strains of locally-sourced mycorrhizal fungi to improve tree growth, tree health and tree resiliency. We offer a sustainable solution to increase forest yields whilst improving the ability of trees to sequester carbon.
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Ponderosa Ventures
VC Fund · London, England, United Kingdom · 1 investments in Sweden Hospitality startups

We believe that a radical change to our food, agriculture, and ocean sectors is necessary to meet our climate, biodiversity, water, and human health goals.

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Investment focus

  • Industry: Agriculture, Biotechnology, AgTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 72
  • Round size: Seed $1.6M–$7M; Pre-Seed $500k–$1.8M; Series A $3M–$54M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — raised $22M in 2022

Portfolio highlights

  • Numanac — Numanac is a software company that offers artificial intelligence, crop scouting, agritech, recordkeeping, data logging, insurance reports, mobile, and web application services for the agriculture sector.
  • Reveal Foods — Reveal develops a portable diagnostic platform using custom antibodies and a quantitative digital readout to detect over 100 chemical contaminants with lab-grade sensitivity at lower costs, helping food supply chains verify safety before reaching consumers.
  • Dalan Animal Health — Dalan Animal Health is a vaccine platform with the potential to combat a variety of devastating bee diseases. The company was founded in 2018 and is headquartered in Athens, Georgia, United States.
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SuperSeed Ventures
VC Fund · London, England, United Kingdom · 1 investments in Sweden Hospitality startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

  • All3 — All3 is a robotics and technology company combining AI-powered design, robotic manufacturing and autonomous on-site assembly to transform construction.
  • SOLVE — SOLVE have developed novel transient flow techniques that extend the capabilities of current approaches. SOLVE’s products leverage technology for the efficient collection of data from chemical reactions, as well as predictive computational models tuned based on the collected data. Both the data by itself, as well as the models, are used to informthe reaction conditions and solvent mixtures applied to manufacture chemical compounds at different scales of production.
  • HIVE — A new era of work. Limitless.
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ESS Group
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden Hospitality startups

ESS Group is working to create unique concepts and destinations in the hotel and restaurant industry that create individual world-class guest experiences.

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Investment focus

  • Industry: Rental, Lifestyle, Hospitality
  • Stage:Corporate Round
  • Geography: Sweden

Investor stats

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

Portfolio highlights

  • Udda — We create coliving concepts to reduce space waste in cities, tackle social isolation and make sustainable lifestyle choices more accessible for young adults aged 20 to 30.
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LU Innovation
VC Fund · Lund, Skane Lan, Sweden · 1 investments in Sweden Hospitality startups

LU Innovation is the hub for innovation and commercialisation at Lund University. They work with the University's researchers and students to bring benefit and growth to society.Their goal and mission is to contribute to increased growth in Sweden by ensuring knowledge and research from Lund University benefit society.By supporting anddeveloping research findings with researchers and students they work to lead more ideas to company formations and/or licensing deals.Services for all researchers and students:- Business advice – support and advice - Verification support – VFT- Market and IP screening – comprehensive survey of markets, competitors and patent situationThe services are freely available to researchers and students at all faculties at Lund University.An important part of the work of LU Innovation is providing commercialisation support to individual researchers or students. As well as business developers with many years of experience from both research and business, they have patent engineers, a communications officer and a lawyer who can help with the process. LU Innovation has two sections: one a part of the public authority and the other a holding company, which function as one unit with a joint mission and joint management.LU Innovation is led by the board of the holding company and the steering group of the public authority section. The members of the two bodies are identical - see board members. The operations are led by Director of Innovation Linus Wiebe, who is both MD of the holding company and head of the public authority section.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Egypt, Denmark

Investor stats

  • Total investments: 56
  • Round size: Seed $516k–$696k; Venture - Series Unknown $342k–$3.8M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Bookboost — Communicate with your guests without any effort and across the entire guest journey. Our Multi-Channel CRM and Unified Inbox are here to help you enhance your guest experience.
  • Bifrost security — Runtime security for containerised workloads. bifrost turns runtime behaviour into CVE verdicts and kernel-enforced protection, and instantly knows your exposure to the next discovered vulnerability.
  • Selcis BioPharma — Selcis BioPharma is developing a technology where short-chain fatty acids (SCFAs) can be delivered to the colon.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 1 investments in Sweden Hospitality startups

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

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Investment focus

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

Investor stats

  • Total investments: 91
  • Round size: Seed $224k–$2.2M; Pre-Seed $110k–$4.3M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $49M in 2022

Portfolio highlights

  • DREV — DREV is a cleantech company manufacturing contamination control solutions for the world’s most advanced manufacturing facilities.
  • Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
  • Polar Light Technologies — Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway · 1 investments in Sweden Hospitality startups

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

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Investment focus

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

Investor stats

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

Portfolio highlights

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

Stats across 22 deals from 31 investors.

31
investors
in Sweden Hospitality startups
22
deals
in Sweden Hospitality startups
$1.3M
median round
in Sweden Hospitality startups
48%
lead investors
lead at least one round
45%
Seed
most common funding stage
87/13
VC / Angel
share of investor count

Access all 31 investors in Sweden Hospitality startups.

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