# Rustan Panday

> Rustan Panday is a seed investor in Stockholm backing EBooks, Retail and Medical. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Stockholm, Sweden
- Total investments: 4
- Last investment: Apr 2021
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/rustan-panday-23142530
- Facebook: https://www.facebook.com/rustan.panday

Rustan Panday is a seed investor in Stockholm focused on EBooks and Retail. Rustan Panday

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| EBooks | 1 | 25% |
| Retail | 1 | 25% |
| Medical | 1 | 25% |
| Computer | 1 | 25% |
| Lighting | 1 | 25% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 25% |
| Angel | 1 | 25% |
| Pre-Seed | 1 | 25% |
| Post-IPO Equity | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| blipp.se | blipp.se is a digital marketplace for selling and buying cars. | $1.8M | Angel | Apr 27, 2021 |  |
| Light Flex Technology | Light Flex was established in 2015, to amp up the stay-safe visibility sector. By using lighting technology into state-of-the-art active-light wearables, we enhance personal safety by helping people to be more visible when they need to be seen.Light Flex is driven by one key goal: to move garment safety features from existing passivereflectivity to independent active light. |  | Seed | Feb 16, 2016 |  |
| Storytel | Storytel is a provider of audiobook and e-book streaming services. The company offers unlimited streaming to consumers in 20+ markets. With Storytel, users can discover award-winning detective stories, dizzying novels, or powerful biographies, and easily sort books in Swedish, English, Arabic, Danish or Finnish.Storytel was founded in 2005 andhas since been a leader in subscription services for audiobooks and e-books. The company is established in Sweden, Denmark, Norway, Holland, and Poland. Since 2015 Storytel has also been the publisher of the physical books for the acquisition of publishing houses Massolit and B. Wahlstrom. | $193K | Pre-Seed | Feb 03, 2009 |  |
| iZafe | iZafe is a company that conducts research, development and marketing of medical products for medication and drug management. | $969.5K | Post-IPO Equity |  |  |

4 of 4 investments shown.

## Co-investors
- [EIT Digital Accelerator](https://shizune.co/investors/profile/eit-digital-accelerator) — VC Fund, 1 deal together
- [Farma Júnior](https://shizune.co/investors/profile/farma-j%C3%BAnior) — VC Fund, 1 deal together
- [Gästrike Nord Invest](https://shizune.co/investors/profile/g%C3%A4strike-nord-invest) — VC Fund, 1 deal together
- [NEA Partners](https://shizune.co/investors/profile/nea-partners) — VC Fund, 1 deal together

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## FAQ

### What does Rustan Panday invest in?

Rustan Panday invests primarily in EBooks, Retail and Medical startups, most often at Seed and Angel stage. Most of the 4 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Rustan Panday last invest?

The most recent investment recorded for Rustan Panday closed in Apr 2021. Shizune tracks 4 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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