Top 35 Retail VC (Venture Capital) Funds in Sweden in May 2026

Portfolio highlights

• Key Ward — Accelerate your engineering projects with data intelligence. Mitigate the risk of late stage failures in your AI adoption journey with our no-code platform.
• Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
• Maintract — Maintract is a new generation of financial contract management software. It also offers banking and financial services. They provide contract management automation solutions to banks for drafting, data verification, workflow automation, contract data monitoring, tracking workflow and documentation, compliance management, and more.

Portfolio highlights

• Avtal24 — Avtal24 offers in an easily accessible manner agreements for both private individuals and companies. They believe in making the law available to everyone and they want everyone to have access to legal security. With us, you write agreements online or together with a lawyer by phone. Always at a fixed price. With high legal expertise, innovativetechnology and great focus on customer benefit and offer the market's most accessible legal services.Avtal24 was founded in 2004 and is headquartered in Stockholm, Sweden.
• Gårdsfisk — Gårdsfisk is a company managing fishing farms. Gårdsfisks develops a new method for fish farming on land. The cultivation takes place in large pools in a closed system, where the nutrient residual water can be reused as fertilizer on the fields.
• Tribune Therapeutics — Tribune Therapeutics is a preclinical biopharmaceutical company building a promising pipeline of novel medicines to treat patients with a wide range of fibrotic diseases. It was founded in 2020 with funding from HealthCap and Novo Seeds.

Portfolio highlights

• Sunsave — Save money on your bills and gain energy independence with Sunsave solar panel and battery solutions. Get a free quote today.
• Ankar AI — Your AI Operating System for Patents
• Sava Technology — SAVA is reinventing health monitoring with a novel biosensing platform enabling real-time, affordable, and painless molecular monitoring.

Portfolio highlights

• Konvolo — "Before Konvolo, we relied heavily on one-on-one feedback, which lacked the broader insights we needed. Now, we can gather thousands of pieces of feedback and
• CubaseBio — Cubase Bio is a biotechnology business that focuses on spatial biology tools. It creates solutions for 3D spatial analysis to speed up drug discovery.
• Inhalation Sciences — The PreciseInhale patented aerosol generation R&D platform delivers respirable dry powder aerosols from preclinical cell studies all the way through to human clinical trials, significantly accelerating drug development timelines. The platform’s one-animal-at-a-time system requires just milligrams, not grams of costly test substance for a fullPK study and delivers high-resolution lung data of, typically, <10% SD. We carry out Contract Research for novel and generic inhalation drug developers, toxicology and environmental research institutes and university research institutes in the inhalation and aerosolization field.

Portfolio highlights

• Yabie — Yabie's Payment and POS systems take the effort out of selling. It's the most intuitive, hassle-free and mobile way of interacting with your customers and making a sale.
• Invoier AB — Invoier is on a mission to help small and medium sized businesses become more competitive by changing the behaviour to access and price working capital. Founded in Stockholm, the financial technology company revolutionised short term financing with the world’s first spot market in real time for invoice trading. Today Invoier offers a platformfor businesses in Europe to get paid directly, plan the liquidity and grow its business. Backed by the EIC/European Investment Bank and partnering with some of the biggest investors we are quickly changing how the world sees SME financing. Join us on our mission! Visit: https://www.invoier.com/
• Oort Digital — Oort Digital offers users to store, send, borrow, lease, trade, pay, mine, and game with NFTs.

Portfolio highlights

• Synthium — Synthium offers Cognition-as-a-Service (CaaS) for consumer robotics, using gamified web-based simulations to crowdsource human cognitive data for training robot AI models. Users engage in robotics tasks like spatial navigation via webcam and microphone inputs, generating diverse datasets for model training across robot types such as humanoids anddrones. Data captures human intuition in dynamic environments, enabling scalable AI development without physical robots.
• Alchemyst AI — Alchemyst AI is an innovative generative AI software-as-a-service (SaaS) startup that leverages cutting-edge artificial intelligence technology to deliver unique solutions tailored to various industries. Alchemyst aims to empower businesses to harness the potential of generative AI for enhanced creativity, efficiency, and decision-making.We arebuilding force multipliers within teams across various verticals - starting with Maya, our first Alchemyst for Sales Development. We would soon be horizontally scaling to other roles as well, integrating into wherever you work.Since inception, we have taken a bottom-up approach to building our platform as opposed to a top-down approach usually seen in SaaS products - keeping the client experience first.
• Cooper Pet Care — Just Russel honden- en kattenvoeding op maat. Op basis van ras, leeftijd, gezondheid en gewicht. Makkelijker voor jou, beter voor je huisdier!

Portfolio highlights

• Repsense — Repsense is a data company that mimics user journeys and predicts reactions to content found in search results pages. any of the clients can use the Repsense Index to quickly assess their reputation and compare it to competitors across different geographies and user intents.
• Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
• Flowstep — Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.

Portfolio highlights

• Duvo — Turn a simple conversation into end-to-end automation. In minutes. Duvo works across all your tools - even systems without APIs. No code. Enterprise-grade security. Works while you sleep.
• IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
• HappyOrNot — With HappyOrNot you learn when, where and why customers are happy or not. Take action and improve with real-time customer feedback insights.

Portfolio highlights

• Bookis — Bookis is the Next-Generation Online Bookstore with Direct Author Compensation, making the sharing of stories and knowledge playfully easy - from all bookshelves, for everyone. We leverage community, technology and innovative distribution to enable radically easier peer-to-peer bookselling, with fair author compensation models. Building theworld's largest network of authors fighting for a more fair book industry worldwide.
• Dintero — Dintero is a Norwegian startup delivering payment, checkout, crm & loyalty solutions.
• Campanyon — Campanyon is a provider of an outdoor accommodation booking platform intended for people to find and book their next outdoor adventure by connecting campers with hosts.

Portfolio highlights

• Voyfai — A European group of independent freight forwarders, operating autonomously at local level while sharing scale, technology, and partnerships.
• FINN — At finn our mission is to make mobility fun and sustainable: We help everyone who loves driving their own car but refuses the struggle, commitment and intransparent costs associated with car ownership. We achieve this by offering all-inclusive, immediately available, monthly car-subscriptions. Best thing, yet: While you drive we plant trees asevery journey is CO2 compensated.
• Kenbi — Lovable Generated Project

Portfolio highlights

• blipp.se — blipp.se is a digital marketplace for selling and buying cars.
• Qvantum — Qvantum is driven by a passion for a sustainable future and we are changing the way the cities of Europe are heated.

Portfolio highlights

• laiout — We are a team of entrepreneurs tasked with reducing the time and frustration involved when designing early stage floor plans for large developments and existing properties.With support from world's biggest early-stage VC and several of our international future clients our team is helping to optimize this tedious architectural design phasesaving up to 20 weeks of time while providing more and better solutions.
• Vinden Storage — Enkel, billig och smart magasinering!
• xNomad — Find retail shops to rent in Stockholm, Copenhagen, Olso, Helsinki and across the Nordics. Choose from prime retail spaces rent, retail & pop-up shops, shopping centre and event spaces.

Portfolio highlights

• Adway — Adway specializes in recruitment marketing, employer branding, Hr-tech and candidate journey solutions.
• Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
• Collective Minds Radiology — Collective Minds develops and delivers a cloud-based collaboration platform for healthcare and research with access to data, human and digital expertise.

Portfolio highlights

• Bought — A fully automated secondhand marketplace unleashing the 95% of hidden secondhand supply with AI.
• Sustashift — Sustashift offers a comprehensive legal CSRD reporting tool, providing tailored audit templates and automated XBRL tagging to streamline compliance and reduce manual reporting efforts.
• Bahn Express — Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.

Portfolio highlights

• Airmee — Airmee provides a new last mile delivery solution. Whether you want to integrate Airmee into your webshop or simply book a local delivery today, we’ve got you covered. Airmee gives customers more – a great deal more – choice and convenience. Items when you want them. Where you want them. In as fast as an hour.
• MatHem — MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. It delivers food to Swedish homes 7 days a week. The company also combines a full grocery store online with prescription and subscription finished shopping bags. MatHem offers a broad range of grocery products andadjacent household consumables, catering to more than half of Swedish households. The company food is delivered to your door with their own temperature-controlled to ensure an unbroken cold chain.Mathem.se has been awarded The Grocery Website of the Year (Årets matsajt) in 2010, 2011 and 2013 by the Swedish online magazine Internet world. It was founded in 2009 and is based in Stockholm, Sweden
• Natural Cycles — Natural Cycles birth control is 93% effective with typical use and 98% effective with perfect use. Learn more about hormone-free birth control today.

Portfolio highlights

• Lazudi — Free listings to full property agent service is available
• Vinden Storage — Enkel, billig och smart magasinering!
• xNomad — Find retail shops to rent in Stockholm, Copenhagen, Olso, Helsinki and across the Nordics. Choose from prime retail spaces rent, retail & pop-up shops, shopping centre and event spaces.

Portfolio highlights

• Instabee — Delivery when it suits you who shop online
• Aira — Aira operates as a clean energy-tech company.
• Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.

Portfolio highlights

• Saab — Saab serves the global market of governments, authorities and corporations with products, services and solutions ranging from military defence to civil security.
• BeammWave — The mmWave technology for 5G and beyond
• Beat Vascular Health — Beat Vascular Health is developing a decision support tool that is accurate, accessible, and simple to use in order to assist prevent ACS overadmission. The use of AI-supported software and multi-sensor input results in increased accuracy. Their system's software is presently being utilized to handle similar difficulties in other applications.

Portfolio highlights

• Yazen — Yazen is a digital obesity clinic that offers weight loss through modern pharmaceutical treatment.
• Zcooly — Zcooly offers several educational games for children.
• Swedish Temptations — Swedish Temptations, founded in 2019 by CEO Pia Qvarnström, built a brand named Bärta for producing organic, vegan and fermented food. The ingredients include Swedish split peas.

Portfolio highlights

• Bubblemaps — Explore DeFi tokens and NFTs through bubbles in our crypto dApp. Cryptocurrency data for beginners, degens, and experts.
• Klink Finance — Klink enables weekly earnings on your deposit of up to $1M every week through its no-loss prize draws.
• Zodia Markets — Zodia Markets' mission is to be the most trusted and reliable partner for your institutional crypto trading. Secure your institution's digital assets today.

Portfolio highlights

• HelixPay — HelixPay provides world-class event ticketing solutions for large events in the Philippines with online and on-site payment services, digital tickets, and custom event websites.
• Nibertex — Discover the world's most breathable and waterproof PFAS-free membrane by Nibertex. Eco-friendly innovation with top performance. Start your journey today!
• Bravo! Italian PH — Discover authentic Italian cuisineat Bravo! Taste, and Bravo! Price TASTE OUR MENU Who We Are Bravo! Italian PH was founded with a passion for Italian-inspired

Portfolio highlights

• Embedl AB — Efficient Deep Learning by Deep Learning model optimization
• Adsorbi — Adsorbi use cellulose from the Nordic forest to help air purification companies to capture gaseous air pollutants.
• Swedish Algae Factory — Our algae materials replace harmful and less efficient chemicals in high-end organic personal care products and has the potential of increasing the efficiency of solar panels.

Portfolio highlights

• Memby — Our program offers two 55-minute lessons weekly, interactive Q&A during lessons, a 14-day money-back guarantee, lesson recordings, study materials, quizzes, tests, homework help, and a weekly progress report.
• Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.

Portfolio highlights

• Divly — Divly simplifies and automates declaring taxes on your crypto trading.
• Normain — Normain is the AI platform for deep knowledge work. Automate your complex analyses and reports directly on Sharepoint or Google Drive. Access your own data and public sources in one single platform.
• Circulate — Find the best packaging for you and the planet in our marketplace

Portfolio highlights

• Centra — Centra is part of creating the next generation of brands, with a direct-to-consumer and wholesale e-commerce software for global brands. Brands across Scandinavia and the world trust Centra to seamlessly connect people to products. We're a medium-sized company with offices in Stockholm, Sweden, Wroclaw, Poland and New York City, USA.
• inRiver — Turn product data into a profit maker at every touchpoint with Inriver's market-leading PIM solution that powers the entire product journey.
• Caliroots — Caliroots is a streetwear fashion retail company with both retail stores and an online presence. It provides its users with a mix of streetwear and sneakers from various brands. Based in Stockholm, Sweden, Caliroots was founded in 2003.

Portfolio highlights

• Treyd — Working capital for fast growing brands. Order Now, Pay Suppliers Later
• VALIDIO — Real-time data validation and data quality monitoring for modern data teams. Abstracting complexity away from data engineering.
• Galdera Labs — Disposable financial models cost more than time. They cost context. Galdera was built for growth finance teams looking to save both.

Portfolio highlights

• Yabie — Yabie's Payment and POS systems take the effort out of selling. It's the most intuitive, hassle-free and mobile way of interacting with your customers and making a sale.
• Splitgrid — Splitgrid distribute cash funds automatically, which reduces the capital tied up for the store and risk minimizes for the supplier.

Portfolio highlights

• swotzy. — Swotzy offers a shipping platform to assist e-commerce retailers in streamlining their last-mile operations and reducing operating expenses by always using the best-suited carrier.
• Wordware — A collaborative prompt engineering IDE
• Certifier — Certifier is the leading software to create, issue, and verify certificates in bulk. An AI-powered platform for managing digital certificates, credentials, and badges.

Portfolio highlights

• Helen — Helen sell electricity to about 450,000 customers and heat more than 90 percent of Helsinki's properties with district heating.
• eAgronom — We enable companies to achieve their sustainability goals while supporting farmers in generating additional revenue, improving soil quality, and accessing better financing.
• Inbank AS — Inbank is a consumer finance-focused digital bank with an EU credit institution license, active in seven countries.

Portfolio highlights

• Occtoo — Build digital experiences at record speed. Unify customer, content and context data from any source and combine it into a new experience. No more lengthy integration projects.
• Flowlity — Flowlity revolutionizes planners' experience by streamlining tasks within planning tools and automating 95% of planning activities.
• Superface — Superface helps you build reliable AI solutions that achieve human-level accuracy with high goal completion rate.

Portfolio highlights

• Kanpla — Connect digitally with your guests and combine the physical canteen with a digital experience.
• Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
• aito.ai — Aito is a predictive database that makes it easy to build intelligent applications. Query predictions like any other data with SQL. No ML expertise required.

Portfolio highlights

• Sylvera — Sylvera Carbon offset ratings make offset quality and risks transparent. We make offsets auditable for offset sellers, intermediaries, buyers and investors.
• Outverse — A community platform that's easier to use, better organised and designed for real interaction.
• Dust — Dust is a platform for creating sophisticated processes based on large language models and semantic search.

Portfolio highlights

• Leeroy — Leeroy provides a technology platform that transforms customer data into marketing both on-site in-store and mobile. Leeroy provides merchants with tools to communicate and interact with the customer in real time leveraging efficiency, revenues and customer experience putting the merchant in the driver seat. The company's platform is aproduction and distribution tool for several different digital channels: in-store with communication by digital signage and by mobile to enhance loyalty.
• Capcito — Capcito is a provider of working capital to SMEs. Products are invoice discounting, factoring and business loans, all offered with a click of a button. Smoothly integrated with cloud accounting applications and banks. A proprietary lending platform and scoring engine is continuously being developed to improve accuracy on credit assessment andprovide a more lean and relevant solution to SMEs in need of financing for further growth. Capcito strives to empower businesses to grow.
• Swiftcourt — Swiftcourt helps buyers and sellers to perform safe and smooth peer-to-peer-transactions, by providing them with smart digital contracts, e-signing and transaction-related add-on services.Swiftcourt was founded in 2016 and has since then helped over 70 000 buyers and sellers complete over 40 000 transactions. At the moment, the company is insuccessful partnerships with FINN.no, one of the most prominent classified sites in the world and with Mittanbud.no, the market leading service finder classified site in Norway. Recently, Swiftcourt also closed a deal with the biggest classified site in Sweden, Blocket.se.Swiftcourt aims to be a global standard of conducting safe and smooth online transactions and help buyers and sellers with their deals worldwide.

Portfolio highlights

• Opper AI — Opper AI is a task completion API for AI. Reliably complete tasks with AI models. Ship AI assistants, agents and backend features that really work. Access 100+ models, built in quality process, observability and more.
• Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
• Motorica — Craft AAA animation in minutes with our Generative AI mocap actor. No capture. No cleanup. Just animate.

Portfolio highlights

• Embedl AB — Efficient Deep Learning by Deep Learning model optimization
• VISS.AI — Talk to your apps and automate tasks
• Impulso — Seamless product tracking. We help brands, agencies and suppliers increase sell-through, reduce administration and create a more sustainable retail landscape.