# Vinnova

> Vinnova is a VC fund in Stockholm backing Software and Health Care. See 90 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 90
- Last investment: Jul 2026
- Lead investor: 68%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/vinnova
- X (Twitter): http://twitter.com/vinnovaintl
- Website: http://www.vinnova.se
- Facebook: https://www.facebook.com/VINNOVASE

Vinnova is a VC fund in Stockholm focused on Software and Health Care. Vinnova is Sweden's government agency for innovation. Our mission is to contribute to sustainable growth by improving the conditions for innovation. We do this mainly by funding innovation projects and the research needed to develop new solutions. We also invest long term in strong research and innovation environments. We stimulatecollaborations between companies, universities and other higher education institutions, public services, civil society and other actors. Our activities also focus on strengthening international cooperation. Each year, Vinnova invests around $350 millions in fostering innovation. Most of these funds are allocated via calls for proposals in which companies, public sector actors and other organisations apply for funding. All investments are continuously monitored and evaluated and we regularly analyse the impacts of our investments.

## Contacts

5 contacts available for Vinnova. Shizune tracks 8 team members at Vinnova. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/vinnova?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $30k–$360k |
| Grant | $27k–$570k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 13 | 14% |
| Health Care | 13 | 14% |
| Biotechnology | 10 | 11% |
| Medical | 9 | 10% |
| Artificial Intelligence | 8 | 9% |

116 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 61 | 68% |
| Funding Round | 5 | 6% |
| Seed | 3 | 3% |
| Pre-Seed | 2 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 62 | 69% |
| United States | 3 | 3% |
| Canada | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Dan Hill | Director of Strategic Design | 0 | https://shizune.co/investors/profile/dan-hill-3 |
| Darja Isaksson | Director General | 0 | https://shizune.co/investors/profile/darja-isaksson |
| Jenny Elfsberg | Head of innovation management Division | 0 | https://shizune.co/investors/profile/jenny-elfsberg |
| Andreas Aurelius | Head of ICT department | 0 | https://shizune.co/investors/profile/andreas-aurelius |
| Eva Nahari | Advisory Board Member | 1 | https://shizune.co/investors/profile/eva-nahari |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Rivus Batteries | Rivus is a start-up that serves as the commercialization platform for the aqueous organic flow battery technology. | $2.3M | Grant | Jul 13, 2026 |  |
| Ynvisible Interactive | Ynvisible is an electronics company that specializes in the internet of things industry. It features and develops technological enablers of the IoT are enhancements in cloud computing infrastructure, wireless communications, microelectronics, and notably low power electronics. The company was founded in 2010 and headquartered in Setubal, Portugal. | $324K | Grant | May 28, 2026 |  |
| Proteinish | Proteinish creates textured plant protein solutions to improve the quality and scalability of alternative protein products. | $537K | Grant | Apr 13, 2026 |  |
| Smartports | Smartports is an innovative company that transforms parking spaces into efficient solar energy solutions by integrating solar panels, electric vehicle (EV) charging stations, and smart battery storage. Their solutions generate renewable energy to reduce ecological footprints and support sustainable and fossil-free mobility while preserving theaesthetics and functionality of parking environments. | $1.3M | Grant | Nov 27, 2025 |  |
| Imvi Labs | Imvi Labs develops a VR and app based solutions for eye coordination and reading speed. | $52.6K | Grant | Jul 23, 2025 |  |
| svexa | Svexa is an intelligence company working to optimize performance and health. The company work in three areas: consulting, algorithms (development and licensing), and software development. Their products provide a unique integration of sports training, performance and recovery data with biological and psychological profiles. The integratedanalytical and AI approach consolidates the myriad data points from elite athletes into real-time, individualized readiness metrics, so professional teams, athletes and coaches can optimize their training regimes and recovery strategies to help keep the athletes on the field, and even more importantly perform at the optimal level. Svexa is a science driven company with with close ties to Stanford University and Karolinska Institutet. It is a distributed company based in Menlo Park, CA, and with additional locations in Stockholm, Sweden and Gdansk, Poland. | $570K | Grant | Jun 25, 2025 |  |
| Adsorbi | Adsorbi develops a novel biomaterial based on cellulose. |  | Grant | Jan 28, 2025 |  |
| Verigraft AB | Verigraft AB is a biotech company that generates personalized tissue-engineered transplants for use in regenerative medicine.The company’s unique technology platform turns donated allogeneic (“foreign”) tissue into an autologous-like (“personalized”) tissue and thus avoids transplant rejection and the need for life-long immunosuppression.Donated, allogenic tissue is patient-individualized by a combination of DC (Decellularization) and RC (Reconditioning/Recellularization) processes. VERIGRAFT’s technology does not require immunosuppression. With this unique, patented and improved alternative to existing treatments, VERIGRAFT strives to deliver a life changing impact to patients and provide major benefits for hospitals, healthcare providers and society – globally.VERIGRAFT’s personalized tissue-engineered vein (P-TEV) has gone through preclinical development at the company. Safety data from large animals has been generated. Clinical proof-of-concept in humans exists. The product is planned to enter clinical development within 6 months. |  | Grant | Dec 18, 2024 |  |
| BeammWave | BeammWave provides a single chip for digital beamforming including front-end and antenna arrays for mobile phones and IoT devices. BeammWave was founded in 2017 and was headquartered in Lund, Sweden. | $216.2K | Grant | Oct 29, 2024 |  |
| Saab | Saab supplies products and services for military, defense, and civil security. It offers passenger cars, luxury sports cars, sedans, and accessories, extending its products and services worldwide. | $169.2K | Grant | Oct 29, 2024 |  |

10 of 90 investments shown.

## Co-investors
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund, 1 deal together
- [ECSEL](https://shizune.co/investors/profile/ecsel) — VC Fund, 1 deal together
- [EIT Digital Accelerator](https://shizune.co/investors/profile/eit-digital-accelerator) — VC Fund, 1 deal together
- [European Union](https://shizune.co/investors/profile/european-union) — VC Fund, 1 deal together
- [Eurostars](https://shizune.co/investors/profile/eurostars) — VC Fund, 1 deal together
- [Horizon Europe](https://shizune.co/investors/profile/horizon-europe) — VC Fund, 1 deal together

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## FAQ

### What does Vinnova invest in?

Vinnova invests primarily in Software, Health Care and Biotechnology startups, most often at Grant and Funding Round stage. Most of the 90 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Vinnova's check size?

Vinnova typically joins rounds of $30k–$360k at Seed and $27k–$570k at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Vinnova participates in.

### How do I contact Vinnova?

Public channels for Vinnova 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 Vinnova?

The team at Vinnova includes Dan Hill (Director of Strategic Design), Darja Isaksson (Director General) and Jenny Elfsberg (Head of innovation management Division), among 8 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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