# Swedbank

> Swedbank is a VC fund in Vilnius backing Energy and Real Estate. See 51 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vilnius, Lithuania
- Total investments: 51
- Last investment: Aug 2026
- Lead investor: 43%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/swedbanklietuvoje/
- X (Twitter): https://twitter.com/swedbank
- Website: http://www.swedbank.com/index.htm
- Facebook: https://www.facebook.com/SwedbankEestis/

Swedbank is a VC fund in Vilnius focused on Energy and Real Estate. Swedbank AB (formerly Föreningssparbanken) is a Nordic-Baltic banking group offering retail banking, asset management, financial, and other services.Swedbank is a modern bank firmly rooted in Swedish savings bank history.

## Contacts

5 contacts available for Swedbank. Shizune tracks 7 team members at Swedbank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/swedbank?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Post-IPO Debt | $20M–$786M |
| Debt Financing | $4.2M–$928M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 12 | 24% |
| Real Estate | 8 | 16% |
| Renewable Energy | 7 | 14% |
| Manufacturing | 6 | 12% |
| Retail | 5 | 10% |

72 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Post-IPO Debt | 20 | 39% |
| Debt Financing | 14 | 27% |
| Funding Round | 5 | 10% |
| Series A | 2 | 4% |
| Venture - Series Unknown | 2 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 19 | 37% |
| Finland | 8 | 16% |
| Estonia | 6 | 12% |
| Latvia | 3 | 6% |
| Denmark | 2 | 4% |

8 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alar Krist | Enterprise Information Architect | 0 | https://shizune.co/investors/profile/alar-krist |
| Anders Engdahl | Head of Group IT | 0 | https://shizune.co/investors/profile/anders-ekedahl |
| Göran Bronner | CFO | 0 | https://shizune.co/investors/profile/gran-bronner |
| Lars Friberg | Head ,Group HR | 0 | https://shizune.co/investors/profile/lars-friberg |
| Marite Aleksandra Silava | Fintech Community Manager | 0 | https://shizune.co/investors/profile/marite-aleksandra-silava |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Utilitas | Utilitas is an energy group that specializes in heat and electricity production and the provision of district heating services. |  | Debt Financing | Aug 06, 2026 |  |
| Bonava | Bonava is a real estate company. They offer apartments and single-family housing to consumers and rental apartments to investors. It constructs several types of homes, such as multi-family housing, single-family homes, and semi-detached houses with various types of tenure. | $384.4M | Post-IPO Debt | Jul 03, 2026 |  |
| UAB Rudina | UAB Rudina operates in construction, specifically building services/new building construction. | $229M | Debt Financing | Jun 23, 2026 |  |
| Kojamo Group | Kojamo plc will focus on real estate investments in Finland, renewing rental housing to make it increasingly attractive by developing new types of homes and services. The solutions promote work-related mobility in urbanising Finland, increase well-being and help preserve the environment. The vision of the housing investment company is to be apioneer in housing and the customer’s number-one choice. | $575.2M | Post-IPO Debt | Jun 17, 2026 |  |
| TVO | TVO engages in the production of sustainable electricity from the Olkiluoto nuclear power plant. | $928.2M | Debt Financing | May 20, 2026 |  |
| Fortum | Fortum is an energy company that generates and provides clean energy to help indus­tries to decar­bonise their processes. The company's primary activities in the Nordic region include producing effective, CO2-free electricity and providing district heat and electricity with consistency to residential and commercial users. Fortum is confidentin their dedication, their path, and eventually the outcomes they hope to attain due to their strong company principles as well as their abilities and experience. | $3.2B | Post-IPO Debt | Apr 16, 2026 |  |
| Nivika | Nivika is a real estate company that builds and manages properties. | $21.1M | Post-IPO Debt | Apr 01, 2026 |  |
| Peab | Peab is a construction and civil engineering company whose guiding principle is total quality at all stages of the construction process. | $856.8M | Post-IPO Debt | Mar 20, 2026 |  |
| Lindex Group | Lindex Group offers womenswear, kidswear, lingerie, cosmetics, fashion accessories, beauty products, and home items. Products are available through department stores, fashion retail stores, and online platforms. Services include multichannel and omnichannel retail operations, including physical store experiences, online shopping, and third-partye-commerce distribution. | $58.9M | Post-IPO Debt | Feb 05, 2026 |  |
| Qivalis | Qivalis is a financial technology company designed for payments, settlements, and financial services. |  |  | Dec 01, 2025 |  |

10 of 51 investments shown.

## Co-investors
- [Nordea](https://shizune.co/investors/profile/nordea-bank) — VC Fund, 14 deals together
- [Danske Bank](https://shizune.co/investors/profile/danske-bank) — VC Fund, 12 deals together
- [SEB (Skandinaviska Enskilda Banken)](https://shizune.co/investors/profile/seb) — VC Fund, 8 deals together
- [BNP Paribas](https://shizune.co/investors/profile/bnp-paribas) — VC Fund, 5 deals together
- [OP Financial Group](https://shizune.co/investors/profile/op-financial-group) — VC Fund, 5 deals together
- [DNB](https://shizune.co/investors/profile/dnb-nor) — VC Fund, 4 deals together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund

### Similar stage
- [BNP Paribas](https://shizune.co/investors/profile/bnp-paribas) — VC Fund
- [Intesa Sanpaolo](https://shizune.co/investors/profile/intesa-sanpaolo) — VC Fund
- [UniCredit](https://shizune.co/investors/profile/unicredit) — VC Fund

### Similar country
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Chalmers Ventures AB](https://shizune.co/investors/profile/chalmers-ventures) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund

## Featured in investor lists
- [Financial Services Investors in Sweden](https://shizune.co/investors/financial-services-investors-sweden)
- [Financial Services VC Funds in Sweden](https://shizune.co/investors/financial-services-vc-funds-sweden)
- [FinTech Investors in Sweden](https://shizune.co/investors/fintech-investors-sweden)
- [FinTech VC Funds in Sweden](https://shizune.co/investors/fintech-vc-funds-sweden)
- [Payments Investors in Sweden](https://shizune.co/investors/payments-investors-sweden)
- [Enterprise Software Investors in Sweden](https://shizune.co/investors/enterprise-software-investors-sweden)

## FAQ

### What does Swedbank invest in?

Swedbank invests primarily in Energy, Real Estate and Renewable Energy startups, most often at Post-IPO Debt and Debt Financing stage. Most of the 51 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Swedbank's check size?

Swedbank typically joins rounds of $20M–$786M at Post-IPO Debt and $4.2M–$928M at Debt Financing. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Swedbank participates in.

### How do I contact Swedbank?

Public channels for Swedbank 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 Swedbank?

The team at Swedbank includes Alar Krist (Enterprise Information Architect), Anders Engdahl (Head of Group IT) and Göran Bronner (CFO), among 7 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co