# Lars Thunell

> Lars Thunell is a seed investor in Stockholm backing Solar, FinTech and Robotics. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Stockholm, Sweden
- Total investments: 3
- Last investment: Sep 2020
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/lars-thunell-27a8107b

Lars Thunell is a seed investor in Stockholm focused on Solar and FinTech. Lars H. Thunell, a Swedish national, is Executive Vice President and CEO of IFC (International Finance Corporation), a member of the World Bank Group.Lars Thunell is leading IFC in its mission to promote sustainable private sector development. Since joining the Corporation in January 2006, Lars Thunell has advanced growth of IFC's businessand its mission to create opportunities in emerging markets and improve people's lives. He has visited 60 developing countries to see firsthand how IFC can best help its clients with financing and advisory services, and endorsed further decentralization of IFC.Lars Thunell joined IFC after a successful career in the financial services industry. Most recently, he was the Chief Executive Officer of SEB, a North European commercial and investment bank. In the 1990s, Lars Thunell served as the Chief Executive Officer of Trygg-Hansa, a Swedish insurance company, and as Deputy Chief Executive Officer of Nordbanken.As President and Chief Executive Officer of Securum, an asset management company established by the Swedish government, he played a key role in the government's strategy for resolving the country's banking crisis of the 1990s. Under Lars Thunell's leadership, Securum was able to restructure and sell off distressed assets held by the government more quickly than originally expected, recovering value for the Swedish taxpayer.Previously, he worked at ABB Zurich and at American Express in New York. He has also held numerous board positions with international companies and nongovernmental organizations.Lars Thunell graduated with a doctorate from the University of Stockholm and was a research fellow at the Harvard University Center for International Affairs.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Solar | 2 | 67% |
| FinTech | 1 | 33% |
| Robotics | 1 | 33% |
| Software | 1 | 33% |
| Mobile Apps | 1 | 33% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 33% |
| Angel | 1 | 33% |
| Series A | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Spowdi | Spowdi is an abbreviation for Solar Powered Water Distribution. The company has a solar-powered and mobile water distribution system based on an innovation that allows water to be pumped in a very energy-efficient way. This means that the system can be manufactured cheaply and thus made available to a broad market. | $2.2M | Seed | Sep 30, 2020 |  |
| TRINE | TRINE uses crowdinvesting to enable people to support solar energy projects, while also delivering a return to the investors. We provide the expertise, organization and the platform for enabling secure investments in carefully selected projects and bring finance to local solar entrepreneurs in emerging nations to electrify the world. Ourcrowdinvestors will fund the initial cost for installing the solar system, over time this loan is paid back with interest by the value of electricity produced from the solar system. With our solution we will connect money sitting in banks, with solar entrepreneurs like yourself in need of financing. By doing so, we will not only enable people to earn a return on an impact investment and democratize those investment options, but also help you to elevate poor communities out of their energy poverty and improve their living standard. | $6.6M | Series A | Jun 28, 2017 |  |
| ManoMotion | ManoMotion is a deep tech AI company developing software for real time 3D gesture analysis that allows the user to interact with technology through finger and hand gestures in 3D. This is particularly important to create effective interaction without the need for additional hardware in Augmented and Virtual Reality, and with the small screens, orno screens, typical in wearable computing and smart devices. | $1.7M | Angel | Aug 25, 2016 |  |

3 of 3 investments shown.

## Co-investors
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund, 1 deal together
- [Gullspång Invest](https://shizune.co/investors/profile/gullsp%C3%A5ng-invest-llc) — VC Fund, 1 deal together
- [KTH Holding](https://shizune.co/investors/profile/kth-holding) — VC Fund, 1 deal together

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### Similar country
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## FAQ

### What does Lars Thunell invest in?

Lars Thunell invests primarily in Solar, FinTech and Robotics startups, most often at Seed and Angel stage. Most of the 3 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Lars Thunell last invest?

The most recent investment recorded for Lars Thunell closed in Sep 2020. Shizune tracks 3 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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