# Top 50 Retail Startup Investors in Sweden in June 2026 ## Wellstreet - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: E-Commerce, Software, Retail Wellstreet is an innovation and tech ecosystem that includes an investment company, a strategic consultancy firm and a venture building incubator. ## Industrifonden - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, Biotechnology, Information Technology 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. ## Bo Mattsson - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Internet, Software, Information Technology Bo Mattsson is a director of Previously, Mattsson founded Cint and served the same company as its chief executive office, chairman, and general and sales manager. Hewas also the head of Swedbank Securities.Mattsson holds a bachelor’s degree in economics and an MBA, both from the Stockholm School of Economics. ## Northzone - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, FinTech, Information Technology Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs. ## Hady Shkeer - Type: Angel - Location: Gothenburg, Vastra Gotaland, Sweden - Relevant deals: 2 - Stages: Pre-Seed, Angel, Private Equity - Focus: Marketplace, E-Commerce, Same Day Delivery Hady Shkeer is a swedish entrepreneur and angel investor. the Executive Director of Source A Network LTD and the founder of Dadh LTD. ## NFT Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Series A - Focus: Financial Services, FinTech, Apps We drive the fintech revolution Next Financial Technology Ventures Backing fintech pioneers since 2014 We aim to capture the shift in the financial industry and empower the entrepreneurs to realize their potential Our Story Strong portfolio across Fintech View the full portfolio Exciting news from the NFT portfolio View all news ## Antler - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now! ## Daniel Pilotti - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Apps, Retail, Payments Daniel Pilotti is the Founder of Your Special Delivery Service and Ryska Posten. ## Daniel McCormick - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Pre-Seed - Focus: Retail, Software, Marketplace Daniel McCormick ## Almi Invest - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, Information Technology Almi Invest is Sweden’s most active early-stage venture capital firm, investing in scalable startups across Sustainability, Industry, Tech, and Life Science.We invest from pre-seed to Series A, always co-investing with independent private investors to accelerate innovation and long-term success. Our portfolio spans sustainable solutions,industrial innovation, deep tech, SaaS, and life science, supporting startups that drive economic and environmental progress.With €430 million under management and over 1,000 investments since 2009, we have backed leading companies like MIPS, Tobii, and Neo4j, with notable exits to Google, Apple, Microsoft, and Qlik.Beyond capital, we offer engaged ownership, providing strategic guidance, active board participation, and access to an extensive investor network.Almi Invest is part of the Almi Group and is funded by the European Regional Development Fund, Almi AB, and regional partners. ## Schibsted Growth - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 2 - Stages: Seed, Series A - Focus: Internet, Financial Services, E-Commerce Investing in great digital companies! ## Iron Wolf Capital - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, SaaS We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses. ## Joachim Hedenius - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Gaming, 3D Technology, Virtual Reality Joachim Hedenius is the VPE and Co-Founder of KRY. ## Norrsken VC - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, Food and Beverage We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses. ## Bling Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, SaaS Bling Capital is an early stage venture fund that helps entrepreneurs find product / market fit. ## XVC Tech - Type: VC Fund - Location: Dubai, Dubai, United Arab Emirates - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Blockchain, Cryptocurrency, Web3 XDC Ventures is a $125mn fund supported by founders of the XDC Blockchain Network that specializes in investing in early-stage Tech start-ups. ## Proptech Farm - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Real Estate, Property Management, Commercial Real Estate The Venture Capital fund making the worlds biggest and fastest changing asset class accessible, while contributing to a greener and more sustainable world by funding the planet changing minds of tomorrow. Proptech Farm - We accelerate Proptech start-ups! ## Marius Jakulis Jason foundation - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 1 - Stages: Pre-Seed - Focus: EdTech, Retail, Software Marius Jakulis Jason foundation is a non-profit foundation of lawyer and investor Marius Jakulis Jason. ## Collector Ventures - Type: VC Fund - Location: Gothenburg, Vastra Gotaland, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, Financial Services, FinTech Collector Ventures is the investment vehicle of of Collector Bank, founded by Lena Apler. ## Chalmers Ventures AB - Type: VC Fund - Location: Göteborg, Vastra Gotaland, Sweden - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, Biotechnology, Health Care We are a leading tech investor & venture builder in the Nordics. Taking deep tech from lab to market.WELCOMEINVESTMENTS ## J12 - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS J12 is a thesis-driven venture capital firm partnering early with technical founders across Europe to build category-defining data and AI companies across infrastructure, tooling, and domain-specific applications ## Black Pearls VC - Type: VC Fund - Location: Gdansk, Pomorskie, Poland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech Black Pearls VC is a venture capital firm focusing on Life Quality Technologies. We look for the best entrepreneurs in Poland and the Baltic Sea Region. ## Karl-Johan Persson - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Grant, Seed - Focus: Information Technology, Internet, Software Karl-Johan Persson, born in 1975, has been the Managing Director and Chief Executive Officer of H & M Hennes & Mauritz AB since 1 July 2009.Before taking over as Managing Director Karl-Johan Persson held an operational role within H&M from 2005, including working as head of expansion, business development, brand and new business.Since 2000 Karl-Johan Persson has been a member of the boards of H&M’s subsidiaries in Denmark, Germany, the US and the UK. Between the years 2006 and 2009 he was also a member of the Board of H & M Hennes & Mauritz AB.Between 2001 and 2004 Karl-Johan Persson was CEO of European Network. Karl-Johan holds a BA in Business Administration from the European Business School in London.His current external board assignments are the Swedish Chamber of Commerce in the UK and the GoodCause foundation. Karl-Johan Persson is since 2013 a member of the Board of H&M Conscious Foundation. Karl-Johan Persson is a shareholder in Ramsbury Invest AB, and also personally holds 12,136,289 class B shares in H&M.The Managing Director is appointed by the Board of Directors and is responsible for the daily management of the company as directed by the Board.This means that the Managing Director must focus in particular on recruitment of senior executives, buying and logistics matters, pricing strategy, sales and profitability, marketing, expansion, development of the store network and of online and catalogue sales, and IT development.The Managing Director reports to the Board on H&M’s development and produces decision bases for investments, expansion, etc. The role of Managing Director includes contact with the financial market, the media and the authorities. ## Luminar Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support. ## The Nordic Web Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Information Technology The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups. ## Sebastian Siemiatkowski - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, E-Commerce, SaaS Sebastian Siemiatkowski, based out ofStockholm, Stockholms Lan, is the Co-Founder and CEO of Klarna. Sebastian Siemiatkowski attended the Stockholm School of Economics. ## David Frykman - Type: Angel - Relevant deals: 1 - Stages: Angel, Series A - Focus: Sustainability, Retail, GreenTech David frykman is the General partner at Norrsken VC. Attended Stockholm School of Economics. ## Rustan Panday - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: EBooks, Retail, Computer Rustan Panday ## Spintop Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies. ## Fabian Hielte - Type: Angel - Relevant deals: 1 - Stages: Seed, Series A - Focus: Retail, FinTech, Software Fabian Hielte ## SF Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Pre-Seed - Focus: Software, Real Estate, Property Management SF Ventures is a venture capital firm. ## Creades AB - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, E-Commerce, Apps Creades is an investment company investing in businesses that have the potential for revaluation and value creation. Creade's business concept is to provide a good risk-adjusted return to its shareholders by investing in businesses where Creades can act as an engaged owner, primarily in small and medium-listed and unlisted Swedish companies.The firm is a spin-off from Investment AB Öresund. ## Seedcamp - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, SaaS Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent. ## Rävberget Venture Capital AB - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Rental, Retail, Peer to Peer Venture Capital ## Aggregate Media - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, Information Technology, Software Aggregate is a venture capital company investing with media as expansion capital - media for equity. Since the start 2002, Aggregate has made over 150 transactions in a variety of industries; e-commerce, digital services, product- and B2B-companies etc. Aggregate target companies which today are not able to maximize the effect on their market, inlack of capital for media advertising. ## Collector Bank - Type: VC Fund - Location: Gothenburg, Vastra Gotaland, Sweden - Relevant deals: 1 - Focus: Retail, Payments, Mobile Apps Collector is a niche bank that offers cost-effective and innovative financial solutions to private and corporate customers. ## NEA Partners - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Angel, Series C - Focus: Energy, Retail, CleanTech NEA Partners is a Swedish investment company founded in 2017 with the idea of ​​combining the best of entrepreneurship, networks and capital. ## Heartcore Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, FinTech Heartcore Capital invests in companies re-enchanting the world through technology. ## Erik Stannow - Type: Angel - Location: Denmark, South Carolina, United States - Relevant deals: 1 - Focus: Retail, Payments, Mobile Apps Erik Stannow ## Cristina Stenbeck - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Fashion, E-Commerce, Lifestyle Cristina Stenbeck has been the lead shareholder of Kinnevik over the last 20 years. Cristina began her career within the Kinnevik group when she joined her first public portfolio company board in 1997. She became Deputy Chairman of Kinnevik in 2003. Served as Chairman and Executive Chairman of the Board between 2007 and 2016 and still serves on theBoard today. Kinnevik is a family-led entrepreneurial group focused on building digital consumer businesses spanning 80 countries around the world. The six investment focus areas are: Communication, e-Commerce & Marketplaces, Entertainment and Financial Services and it recently added health and education to its current consumer focus. Last year, Kinnevik made its first investment into a digital heath platform called babylon which uses advanced AI to diagnose and treat consumers' medical concerns. Kinnevik's largest investment is its 32% ownership in Zalando, Europe's leading fashion and e-commerce company. Cristina graduated with a B.Sc. from Georgetown University in Washington DC, USA and lives in Stockholm, Sweden with her family and four children. ## DHS Venture Partners - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, Big Data, SaaS DHS Ventures, Stockholm School of Economics alumni angel investing network that invests early on into inovative companies. ## Brightly Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS Brightly Ventures backs bold founders on a mission to transform industries and change the world for the better. Brightly is an early-stage investor focused on the Nordics. It has a hands-on approach supporting high-potential ideas and bringing them to market. It makes a deep commitment to each investment we make and draw upon its network andcompany-building experience to help boost the journey. ## Swedbank - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 1 - Stages: Post-IPO Debt, Debt Financing - Focus: Banking, Real Estate, Energy 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. ## Bonnier Capital - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Seed, Series A - Focus: Internet, E-Commerce, Health Care Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies of various sizes. ## GroundBreak Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Real Estate, Software, SaaS GroundBreak Ventures™ is a property technology venture capital fund based out of Toronto and is focused on reimagining how and where people live and work. We invest in companies as early as ideation and provide both the capital and the domain expertise necessary to support the growth of our entrepreneurs, as well as the businesses they worktirelessly to build. Our goal is to invest in 5 – 10 emerging companies annually from around the world, with an emphasis on North America. ## Vinnova - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Grant, Seed - Focus: Health Care, Software, Biotechnology 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. ## Wave Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Internet, Information Technology Founded in 2016, Wave Ventures is the largest student-run VC in Europe, backed by Nordic unicorn founders, investing in Gen Z entrepreneurs at the earliest stage. We operate both from Finland and Sweden with a team of five people from the top universities in the region. ## 42CAP - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, SaaS We are peers amongst entrepreneurs helping the brave to build game-changing companies, just like we have done ourselves. ## Coinvest Capital - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, Aerospace Coinvest Capital invests in start-ups and companies undergoing business development and growth with groups of business angels. ## Verdane - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Private Equity, Series A - Focus: Software, E-Commerce, Information Technology The preferred growth partner to tech-enabled businesses in Northern Europe.