# Behold Ventures

> Behold Ventures is a VC fund backing Gaming, Sports and eSports. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 12
- Last investment: Jun 2026
- Lead investor: 67%
- Fund size: $26M
- Last fund: Nov 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/beholdvc/
- Website: https://behold.vc/

Behold Ventures is a VC fund focused on Gaming and Sports. Early stage (first money), venture capital - laser focused on investing in the video games industry. Based in Sweden with a deep focus on the Nordics, while also being opportunistic about investments worldwide.

## Contacts

5 contacts available for Behold Ventures. Shizune tracks 3 team members at Behold Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/behold-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2.1M–$7M |
| Pre-Seed | $500k–$750k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Gaming | 7 | 58% |
| Sports | 2 | 17% |
| eSports | 2 | 17% |
| PC Games | 2 | 17% |
| SaaS | 1 | 8% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 67% |
| Pre-Seed | 3 | 25% |
| Series A | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 3 | 25% |
| Iceland | 2 | 17% |
| Finland | 1 | 8% |
| Germany | 1 | 8% |
| United States | 1 | 8% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Karl Magnus Troedsson | Founder | 7 | https://shizune.co/investors/profile/karl-magnus-troedsson |
| Magnus Kenneby | Co-Founder and Board Member | 0 | https://shizune.co/investors/profile/magnus-kenneby |
| Sigurlína Ingvarsdóttir | Executive | 1 | https://shizune.co/investors/profile/sigurl%C3%ADna-ingvarsd%C3%B3ttir |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Honig Games | Honig Games is a mobile gaming company that builds and distributes high-quality games designed to be shared and experienced together. The company uses a multi-platform distribution approach to reduce reliance on any single app store for user acquisition. It incorporates AI-first development strategies to scale game production efficiently andsustainably. The studio focuses on creating mobile-first games that encourage community sharing and viral engagement. |  | Pre-Seed | Jun 03, 2026 |  |
| Seven Stars | Seven Stars is a startup for creating captivating mobile games with a talented, diverse team. |  | Seed | Feb 25, 2025 |  |
| Seven Stars | Seven stars specializes in IT consulting, recruiting, training, staffing, payrolling, and human resource services. |  | Seed | Feb 25, 2025 |  |
| Dead Astronauts | Dead Astronauts reinvents open-world game experiences with technical innovation at the core of the company and PLAYER CREATIVITY at the core of the games we make. | $4.1M | Seed | Feb 10, 2025 |  |
| Porcelain Fortress | Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland. | $3M | Seed | Sep 24, 2024 |  |
| Blue Scarab Entertainment | Blue Scarab Entertainment is working on an original IP: a story-driven MMORPG created with Unreal Engine 5, featuring a unique blend of comfortable escapism and genuine crime. | $7M | Seed | Jul 17, 2024 |  |
| Red Rover | Red Rover is a game studio which create captivating multiplayer experiences and shake up the survival genre. | $14.9M | Series A | Apr 16, 2024 |  |
| Red Rover | Red Rover is a game studio which create captivating multiplayer experiences and shake up the survival genre. | $5M | Seed | Jun 22, 2023 |  |
| Vitar Games | Vitar Games is a gaming platform that emphasis on the logistical aspect of combat and the human cost of conflict. | $500K | Pre-Seed | Apr 27, 2023 |  |
| Esports Coaching Academy | ECA's software solution consists of an educational hub and a SaaS solution that provides exercises and complete programming for esports clubs and coaches. | $750K | Pre-Seed | Nov 16, 2022 |  |

10 of 12 investments shown.

## Co-investors
- [GEM Capital](https://shizune.co/investors/profile/gem-capital) — VC Fund, 5 deals together
- [Acequia Capital (AceCap)](https://shizune.co/investors/profile/acequia-capital) — VC Fund, 3 deals together
- [Lifelike Capital](https://shizune.co/investors/profile/lifelike-capital) — VC Fund, 3 deals together
- [Sisu Game Ventures](https://shizune.co/investors/profile/sisu-game-ventures) — VC Fund, 3 deals together
- [Spintop Ventures](https://shizune.co/investors/profile/spintop-ventures) — VC Fund, 3 deals together
- [Failup Ventures](https://shizune.co/investors/profile/failup-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Behold Ventures invest in?

Behold Ventures invests primarily in Gaming, Sports and eSports startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Behold Ventures's check size?

Behold Ventures typically joins rounds of $2.1M–$7M at Seed and $500k–$750k at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Behold Ventures participates in.

### How do I contact Behold Ventures?

Public channels for Behold Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Behold Ventures?

The team at Behold Ventures includes Karl Magnus Troedsson (Founder), Magnus Kenneby (Co-Founder and Board Member) and Sigurlína Ingvarsdóttir (Executive). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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