# Industrifonden

> Industrifonden is a VC fund in Stockholm backing Biotechnology and Software. See 197 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 197
- Last investment: Mar 2026
- Lead investor: 41%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/industrifonden
- X (Twitter): http://twitter.com/industrifonden
- Website: http://www.industrifonden.com

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.

## Contacts

5 contacts available for Industrifonden. Shizune tracks 17 team members at Industrifonden. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/industrifonden?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$6.2M |
| Series A | $3.3M–$21M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Biotechnology | 24 | 12% |
| Software | 23 | 12% |
| Information Technology | 15 | 8% |
| Health Care | 12 | 6% |
| Energy | 10 | 5% |

139 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 49 | 25% |
| Series A | 39 | 20% |
| Seed | 25 | 13% |
| Venture - Series Unknown | 19 | 10% |
| Series B | 13 | 7% |

13 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 93 | 47% |
| United States | 6 | 3% |
| Denmark | 4 | 2% |
| Norway | 2 | 1% |
| Poland | 1 | 1% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Anna Ljungdahl | Investment Manager | 6 | https://shizune.co/investors/profile/anna-ljungdahl |
| Bita Sehat | Investment Manager of Life Science | 4 | https://shizune.co/investors/profile/bita-sehat |
| Hadar Cars | Senior Investment Director | 21 | https://shizune.co/investors/profile/hadar-cars |
| Hansson Lennart | Business Unit Manager Life Science | 2 | https://shizune.co/investors/profile/hansson-lennart |
| Jonas Brambeck | Investment Manager - Life Science | 4 | https://shizune.co/investors/profile/jonas-brambeck |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Cellevate | Cellevate is an innovative biotech company that develops the next generation of cell culture systems. | $2.2M | Seed | Mar 30, 2026 |  |
| Vesiro | Vesiro enables companies to scale their databases with increased performance. | $1.9M | Seed | Feb 10, 2026 |  |
| Melt&Marble | Melt&Marble, formerly known as Biopetrolia, was founded patent holding firm for co-founder Professor Jens Nielsen’s research group. | $8.5M | Series A | Dec 08, 2025 |  |
| SaltX Technology | SaltX NCS is the underlying technology driving the future of thermal energy storage. | $10.5M | Post-IPO Equity | Nov 25, 2025 |  |
| AlixLabs | AlixLabs offers nanostructure fabrication methods using the atomic layer etching process. This method of nanostructure fabrication uses the atomic layer etching process, which is a damage-free etch process. AlixLabs offers an ALE-based method for producing nanostructures with characteristic sizes less than 20 nm. AlixLabs' technologyfabricates nanostructures beyond the resolution limit of optical and electron beam lithography, with applications in nanoelectronic device fabrication, for example. This invention, among other things, may enable an economically viable method of transistor channel scaling for sub-20 nm technology nodes. | $17.3M | Series A | Nov 20, 2025 |  |
| BOOST Pharma | BOOST Pharma is a biotechnology research company developing a stem cell therapy for the treatment of osteogenesis imperfecta. It is based on novel mesenchymal stem cells that have high bone-forming capabilities that migrate to the bone of patients where they will engraft, and start bone formation.It was founded in 2019 and is headquartered inCopenhagen, Denmark. | $1.6M | Convertible Note | Oct 28, 2025 |  |
| Arevo | Arevo offers liquid and granular amino acid fertilizer technologies for faster and better plant establishment. | $8.5M | Venture - Series Unknown | Oct 17, 2025 |  |
| SeaPattern | SeaPattern enables the unlocking of a large renewable energy source hidden beneath the surface of the ocean. | $5.8M | Seed | Sep 25, 2025 |  |
| Tribune Therapeutics | Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. | $24.7M | Series A | Mar 26, 2025 |  |
| Novatron | Novatron develops a new proprietary fusion power concept together with physicists, engineers, and academia. | $10.9M | Series A | Mar 19, 2025 |  |

10 of 197 investments shown.

## Co-investors
- [SEB Venture Capital](https://shizune.co/investors/profile/seb-venture-capital) — VC Fund, 17 deals together
- [Navigare Ventures](https://shizune.co/investors/profile/navigare-ventures) — VC Fund, 10 deals together
- [Chalmers Ventures AB](https://shizune.co/investors/profile/chalmers-ventures) — VC Fund, 9 deals together
- [HealthCap](https://shizune.co/investors/profile/healthcap) — VC Fund, 8 deals together
- [Inbox Capital](https://shizune.co/investors/profile/inbox-capital) — VC Fund, 8 deals together
- [Northzone](https://shizune.co/investors/profile/northzone-ventures) — VC Fund, 8 deals together

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## FAQ

### What does Industrifonden invest in?

Industrifonden invests primarily in Biotechnology, Software and Information Technology startups, most often at Funding Round and Series A stage. Most of the 197 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Industrifonden's check size?

Industrifonden typically joins rounds of $1.2M–$6.2M at Seed and $3.3M–$21M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Industrifonden participates in.

### How do I contact Industrifonden?

Public channels for Industrifonden include LinkedIn, X (Twitter) 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 Industrifonden?

The team at Industrifonden includes Anna Ljungdahl (Investment Manager), Bita Sehat (Investment Manager of Life Science) and Hadar Cars (Senior Investment Director), among 17 team members tracked by Shizune. 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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