Top 50 Manufacturing Startup Investors in Sweden (August 2026)

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.

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.

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.

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.

Portfolio highlights

• Deedster — Accelerate your business by connecting and engaging your audience and employees with sustainability data, insights, and actions.
• Key Ward — Accelerate your engineering projects with data intelligence. Mitigate the risk of late stage failures in your AI adoption journey with our no-code platform.
• Berget AI — We champion AI sovereignty in Europe to unlock innovation and growth

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

Portfolio highlights

• AlixLabs — AlixLabs is a Swedish semiconductor startup, founded in 2019.
• ProteomEdge — The objective of ProteomEdge is to use mass spectrometry to provide an analytical platform with cutting-edge precision for absolute protein quantification.
• Arkeon Technologies — Breakthrough methods for producing quantum chips at scale, solving major obstacles in quantum computing.

Portfolio highlights

• Tavion — Critical energy storage infrastructure for a sustainable future.
• Renasens AB — Waterless textile recycling that keeps fiber quality intact. Transform textile waste into clean, recycled fibers at scale with our proprietary process.
• Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.

Portfolio highlights

• iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
• Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
• Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.

Portfolio highlights

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

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.

Portfolio highlights

• Big Akwa — Big Akwa is a food-tech company that develops circular aquaculture systems by integrating land-based fish farming with industrial symbiosis to increase efficiency, sustainability, and resource use. The company’s approach uses waste streams such as low-temperature industrial heat to warm fish farm water and repurposes nutrient-rich recirculatingwater into industrial processes, supporting a closed-loop production model that reduces energy consumption and limits environmental discharge. Big Akwa focuses on producing locally farmed fish through systems designed to optimize growth rates and lower operational costs while converting byproducts into valuable inputs for partner industries. Its work supports planning, engineering, and pre-construction phases for large-scale aquaculture facilities that aim to supply sustainable protein with reduced carbon footprints and enhanced resource efficiency. The company collaborates with technical partners, investors, and industrial operators to advance project design, secure permits, and prepare for commercial-scale deployment of its land-based fish farming concepts. Big Akwa’s model aligns aquaculture production with circular economy principles to address food security, environmental performance, and scalable food-tech innovation.
• Flasheye — Flasheye has proven technology from the automotive, defense, and robotics industries into industrial applications.
• Crosser — Low Code Platform, purpose-built for real-time processing of streaming data for Industrial IoT and Intelligent Workflows.

Portfolio highlights

• MEGA.AI — MEGA.AI is a SaaS company that is revolutionizing debt collection with AI-powered voice technology, delivering smarter, faster, and more efficient customer interactions. MEGA’s AI Agents provide a precise, compliant, and debtor-friendly solution that manages high call volumes cost-effectively.
• Standab — Structured parking and charging infrastructure for shared micromobility in public space.
• WeWillWrite — The social writing platform that sparks creativity and ignites the urge to write

Portfolio highlights

• Shine — Ageras redefines administration for small businesses by integrating banking, accounting, and tax filing in a single platform.
• STILFOLD — The future of electric mobility
• Denjo Dogs — Denjo Dogs offer a selected assortment of designer dog products for modern, conscious homes. Stylish dog collars, luxury dog leads and more.

Portfolio highlights

• STILFOLD — The future of electric mobility
• Fieldstream — SaaS Marketing Analytics

Portfolio highlights

• Tavion — Critical energy storage infrastructure for a sustainable future.
• Cetasol — Cetasol provides maritime monitoring and analytics software for commercial vessel fleets. Reduce fuel costs, optimize performance, and support regulatory compliance and emissions reporting.
• Helios Innovations — Helios Innovations offers modular evaporation that treats industrial process water on-site. Pay per cubic meter treated. No investment, no complexity.

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.

Portfolio highlights

• VALIDIO — VALIDIO manages data quality. They offer a next-generation data platform for any modern, data-driven organization. They validate and monitor the data quality of real-time streams and batch data, enabling proactive identification and mitigation of data quality issues.
• Camphouse — Mediatool is the all-in-one planning, execution, tracking and reporting tool for media and marketing campaigns. Increase productivity with streamlined delivery and better collaboration across all your marketing activities. Grow revenue with confidence, using real-time performance data to optimise investment.Hundreds of tangible benefits, onebetter way of working. Forget spreadsheets and get to know Mediatool.
• Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.

Portfolio highlights

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

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

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.

Portfolio highlights

• SkillBank — SkillBank is a 1:1 mentorship and training program for entry-level marketing roles. We believe that no one should be prevented from chasing their dreams due to a lack of opportunity or experience. Our mission is to provide that opportunity to those who are willing to challenge themselves to grow, learn, and lead. We know the importance of gainingskills in the specific industry you care about, which is why we offer a specialized course instead of a one size fits all approach.
• Clickvoyant — Clickvoyant is an AI marketing analyst that finds actionable insight in minutes. No Implementation. No Development. Google Analytics.
• Intelligems — IntelliGems is Online stores are leaving money on the table by pricing inefficiently. We run A/B tests to find the optimal price to maximize sales and margin.

Portfolio highlights

• Stendorren Fastigheter — Stendorren Fastigheter is a company involved in the real estate industry. It develops, owns, operates, and maintains industrial, logistical, and warehouse facilities. The business offers adequate and suitable space on fair lease terms through its tenant.
• pixlbio (formerly Phenaros) — Data-centric drug discovery with AI, Phenomics and Automation.
• Swedish Logistic Property — Swedish Logistic Property (SLP) specializes in the development and management of logistics properties across Sweden. With a focus on energy efficiency, SLP provides modern logistics solutions tailored to meet the needs of various businesses. The company's portfolio includes strategically located properties designed to support efficientlogistics and supply chain operations. SLP also engages in the acquisition and development of new properties, aiming to expand its footprint in the logistics real estate market. The company's commitment to sustainability is evident in its construction practices and the operation of its logistics facilities.

Portfolio highlights

• ALP Bio — Alp Bio’s platform integrates tonsil organoid technology with advanced protein AI to identify and mitigate immunogenic risks in therapeutic antibodies, ensuring safer patient outcomes.
• Flowlity — Flowlity revolutionizes planners' experience by streamlining tasks within planning tools and automating 95% of planning activities.
• ARC Intelligence — ARC Intelligence operates as a supplier of data systems driven by AI for small and medium-sized businesses.

Portfolio highlights

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

Portfolio highlights

• bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
• Cortea — Purpose-built AI grounded in auditing standards. Consistent, defensible audits every time. Trusted by DHPG and Mazars.
• Habito — We're the Treating Customers Fairly Champion of 2023 as voted for in the British Bank Awards. We're here to make mortgages easier - no paperwork, no stress and no fees.

Portfolio highlights

• Mundi — Mundi provides financial, trade development, strategy, freight and reinventing international trade services.
• Mindforce Game Lab — Mindforce Game Lab creates meaningful games with characters that act as companions on the journey to better health.
• Pixelgen Technologies — Understand the role of proteins in cellular organization with spatial proteomics. Get ahead in the field of proteomics with us.

Portfolio highlights

• SWEBAL — SWEBAL produces Trinitrotoluene (TNT) in Sweden for European defense and security. Securing Europe's ammunition supply chain through local manufacturing excellence.
• Flower — We enable the energy system of tomorrow by combining pioneering technology with flexible assets, allowing clean energy to power society
• Qvantum — Qvantum is driven by a passion for a sustainable future and we are changing the way the cities of Europe are heated.

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.
• Labster — Labster empowers educators to reimagine their science courses with immersive online simulations. Request a demo to discover how Labster engages students, trains lab skills, and accelerates learning.
• HappyOrNot — With HappyOrNot you learn when, where and why customers are happy or not. Take action and improve with real-time customer feedback insights.

Portfolio highlights

• Gilion — Gilion (Formerly known as Ark Kapital) is creating custom growth loans that helps founders protect equity. Because founders who remain in control, are hard to overtake.
• Meitner — Meitner is a swedish edu-tech startup building a complete solution for all kind of schools.
• Holyvolt — Our mission is to provide the world with high-efficiency renewable energy solutions at an affordable cost and with minimal environmental impact.

Portfolio highlights

• HJN Sverige — HJN Sverige is a technology business based in Sweden that specializes in machine learning and artificial intelligence.
• Sand Clinic — Sand Clinic is a healthcare startup. Sand Clinic provides a wide range of services to its members, including primary care, vascular ultrasonography, and red light therapy.
• Outpost —

Portfolio highlights

• Airmee — Airmee provides a new last mile delivery solution. Whether you want to integrate Airmee into your webshop or simply book a local delivery today, we’ve got you covered. Airmee gives customers more – a great deal more – choice and convenience. Items when you want them. Where you want them. In as fast as an hour.
• Holyvolt — Our mission is to provide the world with high-efficiency renewable energy solutions at an affordable cost and with minimal environmental impact.
• MAJORITY — MAJORITY is the first digital financial service dedicated to serving migrants worldwide. For $5 a month, MAJORITY members in the U.S. receive an FDIC-secured account, VISA® debit card, use of more than 55,000 ATMs across North America, remittance and international calling, native language advisors, and access to our network of community meet-upspaces, local discounts and events. With MAJORITY, there are never overdraft fees or minimum balance requirements. MAJORITY was started in Sweden by a diverse team of banking, fintech, payments, and telecom executives serving immigrant communities globally for the last 15 years. MAJORITY’s U.S. headquarters are in Houston, Texas.

Portfolio highlights

• STILFOLD — The future of electric mobility
• Taggr AB — Realize latent value in your equipment portfolio using light-touch, low-cost IoT technologies, delivered as-a-Service.
• CemVision — We are re-inventing cement; Replacing everything that’s bad about it with a product that is economical, environmental friendly and technically superior.

Portfolio highlights

• The Fit — The Fit is turning every smartphone into a body scanner. The company develops mobile 3D body scanner technology that gives users digital body ID that can be used to shop the right size, measure order products or virtual try clothes.
• Learnster — Learnster develops the LMS of tomorrow for growing organizations aspiring to achieve maximum learning in minimum time.
• Brick Technology — Rent-on-the-go with Brick powerbank sharing: convenient on-the-move charging solution! Suitable for all devices.

Portfolio highlights

• Syre — Syre is a textile impact company with a mission to decarbonize and dewaste the industry through textile-to-textile recycling at hyperscale.
• Qvantum — Qvantum is driven by a passion for a sustainable future and we are changing the way the cities of Europe are heated.
• Stegra — H2 Green Steel will be a fully integrated, digitalized and automated greenfield steel plant. By bringing together raw materials, renewable energy, local expertise, and artificial intelligence, we aim to bring emissions down to zero.

Portfolio highlights

• Winningtemp — Improve your employee experience with Winningtemp's AI-powered software. Leverage real-time data and insights to improve engagement and reduce turnover.
• Fintower — Fintower connects Fortnox, Spiris, HubSpot, Shopify and 25+ business systems and understands how they relate: sales, revenue, spend, cash, margin. Ask questions in plain English and get answers from your live data. Get started free.
• Sendify — Most small business owners would rather focus on their business than have to worry about shipping and logistics. Sadly, getting stuff from A to B is still one of their biggest expenses and sources of frustration. One explanation is that the shipping industry has prioritized high volume shippers, leaving small businesses with both complicatedsystems and unfair rates.We founded Sendify to level the playing field and empower ambitious businesses to ship smarter. With our digital platform, shippers of any size can access pre-negotiated solutions with world leading carriers, taking their supply chains into the future whilst saving an average of 20% on every shipment. Parcel or pallet, across the globe or around the corner, Sendify has you covered.Since our start in 2016, we’ve helped more than 15,000 small businesses around the world spend less time and money on shipping and more time on growing their business. This makes us known as *the* shipping and logistics solution for growing businesses in Sweden and Germany.

Portfolio highlights

• Mimerse — A virtual reality platform for evidence based apps that can improve, manage and treat the minds of millions.
• GoodTrust — GoodTrust offers a will-based or trust-based estate plan that includes all the important directives your family needs for one affordable price. Easy, secure, done.
• Jetson Aero — Your personal aircraft in aluminium and carbon fibre, powered with eight powerful electric motors.

Portfolio highlights

• Collectric — Collectric AB develops systems for measuring, controlling, and reporting on electricity, heating, and water consumption in houses. The company was founded in 2003 and is based in Sundsvall, Sweden.
• ArtBoard AB — Artboard AB manufactures, develops and sells sandwich constructions of fiber composite; roofs, walls and floors for trains and ships. Nearly 95 percent of sales are made on exports focusing on the Chinese market and Europe.Innovation has always been at the heart of the company. A team of development and engineering professionals continuously workon new, improved and/or more cost-competitive solutions. We work closely with our customers to produce high quality products for their specific applications. The major part of Artboard AB products are exported all over the World. Artboard AB offer consulting services with technical support based on our knowledge and experience. Largest markets are Europe and Asia. Company presentation.
• Absolicon Solar Concentrator — Absolicon Solar Concentrator AB produces and installs solar energy systems. It offers solar concentrators and collectors. The company provides X10, which produces electricity and heat for hot tap water, heating, heat-powered air conditioning, and desalination or process heat applications. Its products are used in photovoltaic thermal applications,hotels, hospitals, apartment buildings, sport centers, industries, airports, restaurants, and supermarkets in southern Europe. Absolicon Solar Concentrator AB was founded in 2007 and is based in Härnösand, Sweden.

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.

Portfolio highlights

• Norstel — Norstel AB manufactures and develops wide bandgap semiconductor materials, including silicon carbide (SiC) wafers and epitaxial layers.
• eBuilder — eBuilder is a global company that optimizes and automates administrative processes for corporations and public sector agencies through IT-based business process outsourcing.
• MediSapiens — MediSapiens provides software solutions to clients in the biomedical field. Our solutions turn biomedical data into new insights and knowledge. Our clients

Portfolio highlights

• Xore — Xore AB has develops and sells analyzers to enrichment plants in the mining industry.Xore is one of the world’s leading suppliers of on-stream analyzers and related services to the mining industry. Xore is the natural first choice when investing in equipment for on-stream analysis of pulp and liquids. Our product brand is Boxray™. Xore is agenuine Swedish engineering technology company based in Skellefteå in northern Sweden.
• Protab AB — Protab specializes in machining, turning and milling and manufactures details for the hydraulic and forest industry. Another important part of the business is system delivery, where the company also assembles the details that were manufactured.Protab manufactures components primarily for the hydraulics and forestry industries. System deliveries,where the company assembles manufactured components, form another important part of the operation. We also do value flow analyses to improve the efficiency of our customers' businesses. How can we make things better for you?
• Fortlax AB — Fortlax is Northern Sweden's data center with three world-class facilities just outside Piteå. We help companies grow using smart IT and cloud services. We store data in highest-class facilities at a location where risk analysis shows extremely low risk of natural disasters. In addition, we operate all our facilities with 100% green energy anduse natural cooling for large parts of the year. Fortlax AB has over the past fiscal year more than tripled its revenue and shows profit.

Portfolio highlights

• GridServe — GRIDSERVE is a tech-enabled sustainable energy business. We develop, build, own and operate dependable, low cost, clean energy solutions for critical power infrastructure.
• NextPower (formerly Nextracker) — Nextpower delivers integrated utility-scale solar infrastructure including trackers, eBOS, software, and robotics to increase energy yield and accelerate solar deployment.
• HyperVault AI Data Center — HyperVault AI Data Center enable to provide multiple AI and Sovereign Data Centers for providing IT enable services.

Portfolio highlights

• Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
• SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
• Action Pharma — Action Pharma A/S operates as a research and development focused biotechnology company. It discovers and develops new drugs and treatment concepts to treat cardiovascular disease and inflammatory diseases, as well as metabolic diseases, such as type-II diabetes and obesity. The company's product pipeline includes AP214, a modifiedÐMSH-peptide analogue for the treatment of post-surgical kidney injury associated with cardiac surgery; and AP1030 and AP11 series, oral anti-diabetic (OAD) for the treatment of type-II diabetes associated with overweight/obesity. Its product pipeline also comprise AP1189, an oral anti-inflammatory compound for the treatment of inflammatory diseases, such as inflammatory bowel disease and rheumatoid arthritis; and AP405, a modified MSH peptide analogue for the treatment of inflammatory skin diseases, such as atopic dermatitis. The company was founded in 2000 and is based in Holte, Denmark.

Portfolio highlights

• Syre — Syre is a textile impact company with a mission to decarbonize and dewaste the industry through textile-to-textile recycling at hyperscale.
• HaleyTek — HaleyTek is a software company that creates android automotive-embedded software platforms for a wide range of cars.
• Polestar — Polestar is an electric performance brand, focused on uncompromised car design and technology. A Volvo subsidiary, Polestar is at the center of Electromobility, introducing world-class electrified cars and innovative, customer- focused services and offers.Polestar is set to launch a range of electric vehicles. Polestar 1 will begin production in2019 whilst Polestar 2 and 3 are already at advanced stages of development.

Portfolio highlights

• Goatlane — Your Everyday Golf Sneaker

Portfolio highlights

• SWEBAL — SWEBAL produces Trinitrotoluene (TNT) in Sweden for European defense and security. Securing Europe's ammunition supply chain through local manufacturing excellence.
• Cresponix — On a mission to feed the world without destroying the planet! The future of food is: farmed fish and shrimp. Cresponix is a patented farming technology for fish and shrimp that solves today's unsustainable challenges at fish and shrimp farming, and decreases the production cost by 20%.
• GoFrendly — We all feel the need to find new friends sometime. Move to new city, single when everyone else is in a relationship, first in companionship to have children - the reasons can be many. GoFrendly is an app for all women who want to find new friends. GoFrendly is available for both iPhone and Android.

Portfolio highlights

• SWEBAL — SWEBAL produces Trinitrotoluene (TNT) in Sweden for European defense and security. Securing Europe's ammunition supply chain through local manufacturing excellence.

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.

Portfolio highlights

• Goatlane — Your Everyday Golf Sneaker

Portfolio highlights

• Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
• Niricson — Niricson Software has developed a proprietary damage assessment software platform paired with a patent-pending drone-based data collection technology that helps infrastructure owners inspect their structures (e.g. hydro dams) in a way that is more accurate, five times faster, and 50% more cost-effective. Niricson is differentiated by its ability toautomatically detect and quantify not only surface damage, but also subsurface damage.
• Brink Commerce — Brink Commerce offers leading eCommerce solutions. Boost growth, perfect customer experiences, and unlock agility with our Composable Commerce API.