# First Venture

> First Venture is a VC fund in Stockholm backing Battery. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 1
- Last investment: Dec 2021
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/first-venture-sweden/
- Website: https://first-venture.se

First Venture is a VC fund in Stockholm focused on Battery. First Venture invests in both unlisted and listed growth companies. First Venture is a long-term, active owner and works closely with the entrepreneurial teams in the portfolio companies.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cling Systems | Cling Systems ensures that batteries are recycled, repurposed, and reused by connecting the ecosystem. | $2.3M | Seed | Dec 14, 2021 |  |

1 of 1 investments shown.

## Co-investors
- [Assartorps Säteri](https://shizune.co/investors/profile/assartorps-s%C3%A4teri) — VC Fund, 1 deal together
- [Trucks Venture Capital](https://shizune.co/investors/profile/trucks-venture-capital) — VC Fund, 1 deal together
- [Voyagers](https://shizune.co/investors/profile/voyagers) — VC Fund, 1 deal together
- [Walter & Johanna](https://shizune.co/investors/profile/walter-johanna) — VC Fund, 1 deal together

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## Featured in investor lists
- [Energy VC Funds in Sweden](https://shizune.co/investors/energy-vc-funds-sweden)

## FAQ

### What does First Venture invest in?

First Venture invests primarily in Battery startups, most often at Seed stage. Most of the 1 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did First Venture last invest?

The most recent investment recorded for First Venture closed in Dec 2021. Shizune tracks 1 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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