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Top 30 Social Impact Startup Investors in Sweden (September 2026)

The most active venture capital funds and angel investors investing in Sweden Social Impact startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Social Impact startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Chalmers Ventures AB
VC Fund
3 Sweden Pre-Seed, Seed, Venture - Series Unknown Software, Biotechnology, Information Technology $5.8k–$3.5M
Norrsken VC
VC Fund
3 Sweden, United Kingdom, Germany Seed, Series A, Venture - Series Unknown Software, Food and Beverage, Artificial Intelligence $893k–$156M
Headline
VC Fund
3 United States, Germany, Brazil Series A, Series B, Seed Software, E-Commerce, Information Technology $1.1M–$87M
Almi Invest
VC Fund
3 Sweden, United States, Norway Seed, Venture - Series Unknown Software, Health Care, Information Technology $221k–$3.5M
Ålandsbanken
VC Fund
2 Sweden Series A FinTech, Social Impact, Sustainability
Lena Apler
Angel
2 Sweden Venture - Series Unknown, Seed, Angel Fashion, E-Commerce, Apps $343k–$8.2M
DHS Venture Partners
VC Fund
2 Sweden Pre-Seed, Venture - Series Unknown Software, SaaS, Big Data $90k–$1.5M
Alexander Hars
Angel
2 Sweden, Norway, Germany Seed, Pre-Seed, Venture - Series Unknown Software, E-Commerce, SaaS $107k–$7.1M
Ingka Investments
VC Fund
2 Sweden, United States, United Kingdom Series A, Series C FinTech, Financial Services, GPS
Mastercard
VC Fund
2 United States, United Kingdom, India Series A, Corporate Round FinTech, Financial Services, Payments
Wiklöf Holding
VC Fund
2 Sweden Series A FinTech, Social Impact, Sustainability
CommerzVentures
VC Fund
2 United Kingdom, Germany, United States Series A, Series B, Series C FinTech, Financial Services, InsurTech
Mattias Miksche
Angel
1 Sweden Pre-Seed, Seed, Angel Software, Information Technology, Artificial Intelligence $150k–$7.5M
Rocketship.vc
VC Fund
1 United States, India, Indonesia Series A, Series B, Seed Software, FinTech, Apps $875k–$78M
Kinnevik
VC Fund
1 United States, Sweden, Germany Series B, Series C, Series A E-Commerce, Health Care, Financial Services $2M–$200M
Electrolux
VC Fund
1 United States, Sweden Series A, Series B Apps, Food and Beverage, Cooking $10M–$12M
Bessemer Venture Partners
VC Fund
1 United States, India, Israel Series B, Series A, Series C Software, Information Technology, SaaS $5.2M–$100M
Working Capital
VC Fund
1 United States, United Kingdom, Spain Seed, Series A, Series B Supply Chain Management, Artificial Intelligence, Software $500k–$67M
Justin Mateen
Angel
1 United States, Mexico, India Seed, Series A, Pre-Seed Software, E-Commerce, Financial Services
Sarah Drinkwater
Angel
1 France, Sweden, United States Seed, Pre-Seed Fashion, Communities, Apps
Jeppe Rindom
Angel
1 Sweden, Denmark Pre-Seed, Seed, Series A Software, Mobile Apps, B2B
Klaus Nyengaard
Angel
1 Denmark, United Kingdom, Spain Seed, Angel, Series A E-Commerce, Marketplace, Apps
Sune Alstrup
Angel
1 Denmark, Sweden, France Seed, Pre-Seed, Angel Software, Artificial Intelligence, Computer Vision
Marcus Bäcklund
Angel
1 Sweden Seed, Post-IPO Equity, Venture - Series Unknown Software, eSports, Gambling $355k–$2M
Scott Mackin
Angel
1 Sweden, United Kingdom Pre-Seed Software, Travel, Education
Arlan Hamilton
Angel
1 United States, Sweden Seed, Pre-Seed, Series A Software, FinTech, Communities
Michael Heller
Angel
1 United States, Sweden Seed, Angel Food and Beverage, Fashion, E-Commerce
Citi Ventures
VC Fund
1 United States, United Kingdom, Canada Series B, Series C, Series A Financial Services, FinTech, Software
Nordic Makers
VC Fund
1 United States, Denmark, Norway Seed, Series A, Pre-Seed Software, Education, Information Technology
Magnus Bergman
Angel
1 Sweden, United States Seed, Series A Software, Health Care, Apps $180k–$5.7M
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 3 investments in Sweden Social Impact startups

We are a leading tech investor & venture builder in the Nordics. Taking deep tech from lab to market.WELCOMEINVESTMENTS

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 279
  • Round size: Seed $274k–$2.3M; Pre-Seed $5.8k–$349k; Venture - Series Unknown $357k–$3.5M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Ambidex AB — helps food retailers create new revenue streams on their refrigeration systems by stabilizing the electricity grid.
  • Solinide Photonics — Solinide Photonics is a technological company spun out of Chalmers University of Technology. It develops ultra-efficient silicon nitride-based photonic circuits and microcomb technologies.
  • InfiniNode Technologies AB — InfiniNode is a semiconductor IP company that seeks to enable efficient data movement in future compute systems.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Social Impact startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Food and Beverage, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 108
  • Round size: Seed $893k–$14M; Series A $4.4M–$56M; Venture - Series Unknown $1.1M–$156M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $346M in 2024

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • Verse — Define & achieve your financial and emissions reduction goals with Aria, a software platform that helps companies buy and manage clean power.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
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Headline
VC Fund · San Francisco, California, United States · 3 investments in Sweden Social Impact startups

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Germany, Brazil

Investor stats

  • Total investments: 552
  • Round size: Seed $1.1M–$12M; Series A $4.5M–$30M; Series B $8M–$87M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $865M in 2024

Portfolio highlights

  • Blips — Blips is a platform in Brazil that aims to bridge the gap between investors and entrepreneurs. The company connects and drives investors and entrepreneurs with tangible assets that enable productive business activities, allowing customers to buy and finance supplies and inputs, as well as an educational platform to support the entrepreneurs'journey, teaching management techniques, growth, and technical knowledge for equipment use.
  • Cameo — Cameo is a marketplace where fans can book personalized video shoutouts from their favorite people.Cameo's mission is to create the most personalized and authentic fan experiences in the world. We're a marketplace where users can book personalized video shoutouts from their favorite people. We currently partner with thousands of talentacross all verticals. Cameo’s offices are in 1871 and we are proud to be part of Chicago’s thriving technology and startup community.
  • Fonoa — Manage your sales tax, VAT, and GST obligations seamlessly through our API, globally. For internet businesses around the world, we make taxes simple, automated, borderless, and accessible via our API.
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Social Impact startups

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.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, United States, Norway

Investor stats

  • Total investments: 490
  • Round size: Seed $221k–$2.2M; Venture - Series Unknown $338k–$3.5M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • Brighteco — Brighteco is an innovative and value-driven Born Circular startup that offers Light as a Service. All Brighteco hardware are build modular and circular from e.g reused computer screens.
  • Qulsar — Qulsar provides high precision time synchronization solutions for 5G, private mobile, industrial IoT and real time data applications and infrastructures. Its solution combines Time Synchronization as a Service (TSaaS) and open and proprietary software running on off the shelf (COTS) hardware. Qulsar's solutions span multiple precision levelsand slashes cost of ownership and operation.
  • Boka konferens — Boka konferens provides an online booking platform that allows users to browse and book conference rooms and venue space for corporate offices. Their products serve consumers. For inquiries, their telephone number and email address are available on their website.
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Ålandsbanken
VC Fund · Mariehamn, Aland, Finland · 2 investments in Sweden Social Impact startups

Alandsbanken provides retail banking, corporate finance, asset management, and private banking services to institutions and individuals.

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Investment focus

  • Industry: FinTech, Social Impact, Sustainability
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Doconomy — Doconomy is a Sweden-based fintech company that offers digital banking services. Their vision is of enabling a sustainable lifestyle for everyone. Doconomy wants to inspire change in behaviour and reduce unsustainable consumption and carbon emissions. Doconomy activates a circular ecosystem, connecting the consumer, the producer, the retailer andinfluencer to futureproof planet earth, and achieve a sustainable lifestyle for all.
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Lena Apler
Angel · Gothenburg, Vastra Gotaland, Sweden · 2 investments in Sweden Social Impact startups

Lena Apler is the Founder and CEO of Collector Bank.

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Investment focus

  • Industry: Fashion, E-Commerce, Apps
  • Stage:Venture - Series Unknown, Seed, Angel
  • Geography: Sweden

Investor stats

  • Total investments: 10
  • Round size: Seed $1.4M–$8.2M; Venture - Series Unknown $343k–$4.1M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Inimini — Inimini is a second-hand children’s clothing company by style and size.
  • Songsay — Share music video clips like gifs with sound!
  • Go North — Go North is an e-commerce aggregator operated by Amazon FBA entrepreneurs.
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DHS Venture Partners
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Social Impact startups

DHS Ventures, Stockholm School of Economics alumni angel investing network that invests early on into inovative companies.

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Investment focus

  • Industry: Software, SaaS, Big Data
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 28
  • Round size: Pre-Seed $400k–$1.5M; Venture - Series Unknown $90k–$1M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Noru — Noru automates GDPR Article 30 data discovery and compliance controls, giving enterprises continuous, verifiable proof of their privacy and security posture.
  • Normain — The Extractional AI Platform
  • Forecasterly — Forecasterly is a SaaS company that provides an AI-powered platform for financial planning and analysis (FP&A).
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Alexander Hars
Angel · Gothenburg, Vastra Gotaland, Sweden · 2 investments in Sweden Social Impact startups

Alexander Hars - Board member @ Zalster

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 14
  • Round size: Seed $107k–$7.1M; Venture - Series Unknown $343k–$5M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Y/ELM+ — Y/ELM+ is a horseback riding safety and protection brand that focuses n creating leading-edge rider safety solutions.
  • Fintower — Fintower.ai is an AI-powered financial planning platform designed for CFOs, CEOs, and finance teams in growth companies.It consolidates fragmented finance data—such as budgets, forecasts, reports, and cash flows—into a unified, intelligent workspace. This eliminates reliance on spreadsheets like Excel, enabling streamlined FP&A processes withreal-time insights.
  • Sendify — Most small business owners would rather focus on their business than have to worry about shipping and logistics. Sadly, getting stuff from A to B is still one of their biggest expenses and sources of frustration. One explanation is that the shipping industry has prioritized high volume shippers, leaving small businesses with both complicatedsystems and unfair rates.We founded Sendify to level the playing field and empower ambitious businesses to ship smarter. With our digital platform, shippers of any size can access pre-negotiated solutions with world leading carriers, taking their supply chains into the future whilst saving an average of 20% on every shipment. Parcel or pallet, across the globe or around the corner, Sendify has you covered.Since our start in 2016, we’ve helped more than 15,000 small businesses around the world spend less time and money on shipping and more time on growing their business. This makes us known as *the* shipping and logistics solution for growing businesses in Sweden and Germany.
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Ingka Investments
VC Fund · South Holland, Illinois, United States · 2 investments in Sweden Social Impact startups

We're Ingka Investments, along with Ingka Centres and IKEA Retail, one of the three core businesses of Ingka Group. We invest in generations, not quarters.

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Investment focus

  • Industry: FinTech, Financial Services, GPS
  • Stage:Series A, Series C
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • Kreditz — Kreditz makes sense out of open banking/PSD2-data with their proprietary Analytics Categorization Engine (ACE). By using ACE, Kreditz is able to fine-tune the transaction data (from any AISP-data aggregator) to make it understandable and usable in valid functional products such as income verification, credit scoring, KYC and many more. Theproducts are available both by API or by an integration-free Web portal. Kreditz serves industries such as consumer- & SME-lending, money transfer, auditing, gambling/betting, insurance and more throughout the Nordic countries.
  • DirectID — We build solutions that create frictionless financial experiences, breaking down barriers & creating trust with bank data online. Bank Data, Open Banking.
  • GoBolt — Logistics, Simplified. GoBolt is building a sustainable, first-party supply chain network. Delivering an end-to-end customer experience.
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Mastercard
VC Fund · Purchase, New York, United States · 2 investments in Sweden Social Impact startups, 8 in the past 12 months

Mastercard is a payments and technology company that connects consumers, businesses, merchants, and governments. They provide data services and marketing center. Their marketing materials help card portfolios and businesses. They also provide fraud prevention solutions and payment ecosystem security.

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Investment focus

  • Industry: FinTech, Financial Services, Payments
  • Stage:Series A, Corporate Round
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 115
  • Lead/follow: no public data

Portfolio highlights

  • Fabrick — Fabrick offers Open Banking solutions: a new way of thinking about the bank, open, modular and data driven, closer to your needs
  • MTN Group Fintech — MTN MoMo is a fintech platform providing consumers and businesses with a host of innovative digital financial services...
  • Clearbox AI — Benefit from Synthetic Data to unlock your AI projects, overcome privacy issues and improve the utility of your data.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Wiklöf Holding
VC Fund · Mariehamn, Aland, Finland · 2 investments in Sweden Social Impact startups

Wiklöf Holding operates as a holding company. It invests in logistics, construction, helicopter, real estate ownership, trade, and tourism sectors.

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Investment focus

  • Industry: FinTech, Social Impact, Sustainability
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Doconomy — Doconomy is a Sweden-based fintech company that offers digital banking services. Their vision is of enabling a sustainable lifestyle for everyone. Doconomy wants to inspire change in behaviour and reduce unsustainable consumption and carbon emissions. Doconomy activates a circular ecosystem, connecting the consumer, the producer, the retailer andinfluencer to futureproof planet earth, and achieve a sustainable lifestyle for all.
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CommerzVentures
VC Fund · Frankfurt, Hessen, Germany · 2 investments in Sweden Social Impact startups

Venture capital investor in early stage FinTech and InsurTech companies starting at Series A in Europe, Israel and the USA.

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Investment focus

  • Industry: FinTech, Financial Services, InsurTech
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 51
  • Lead/follow: no public data

Portfolio highlights

  • Runa — Businesses from every walk of life use rewards to acquire, retain and thank customers but the current process is broken. Sending rewards, incentives and non-cash payouts is manual, expensive, time-consuming and error-prone. WeGift changes this. Operating in more than 30 countries, in 22 languages, 20 currencies, with over 700 brand partners, andhundreds of clients, like Perkbox, Sodexo, New Look and Halfords among others, WeGift’s cloud-based, open API solutions allow businesses to transfer value to consumers, in real-time and globally. Established in 2016, WeGift is backed by leading entrepreneurs and investors.
  • Volt.io — Increase retention and digital sales by allowing your customers to initiate direct payments, from their bank accounts to yours in real-time. Your checkout in super-drive, powered by Volt.
  • Money Fellows — MoneyFellows digitizes the ROSCA model, enabling group lending and savings.
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Mattias Miksche
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

Mattias Miksche - Angel Investor & Chairman @ Hem

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Sweden

Investor stats

  • Total investments: 17
  • Round size: Seed $150k–$3.4M; Angel $716k–$720k; Pre-Seed $617k–$7.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fika Jobs — Stand out from the crowd. Find your perfect job.
  • Newly — Newly is the easiest way to build and ship cross-platform mobile apps — no senior engineering team required.Our mission is to empower a new generation of builders to launch high-quality native mobile apps without getting blocked by code, complexity, or cost.We’re building the first truly accessible mobile app development tool — combining thespeed of no-code with the power of real code when you need it — and opening the door for the estimated 99.5% of people who currently can’t build mobile apps on their own.Newly is used by early-stage founders, junior developers, designers, and product teams who want to ship faster and smarter.
  • Solace Care — Solace Care offers AI-powered end-of-life planning and loss support, integrated with insurance and workplace benefits.
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Rocketship.vc
VC Fund · Los Altos, California, United States · 1 investments in Sweden Social Impact startups

rocketship.vc is an early-stage venture capital fund investing in companies using models built through data science. Their proprietary Escape Velocity algorithm identifies companies with a Sustainable Growth Engine at their core. It was founded in 2014 and is headquartered in Los Altos, California, United States.

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Investment focus

  • Industry: Software, FinTech, Apps
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Indonesia

Investor stats

  • Total investments: 98
  • Round size: Seed $875k–$7.7M; Series A $3.9M–$32M; Series B $10M–$78M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $125M in 2023

Portfolio highlights

  • Hakimo — Hakimo automatically resolves false alarms so that your existing GSOC operators can handle more alarms as your company grows.
  • Lyzr — Most AI agent projects never reach production. Lyzr provides the platform and expertise to deploy governed AI agents at scale.
  • Zenskar — Zenskar seamlessly manages complex subscription and usage based billing. Meter high throughput data, and automate revenue accounting, analytics & dunning.
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Kinnevik
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

Kinnevik is an industry-focused investment company with an entrepreneurial spirit. Its purpose is to build digital consumer businesses that provide more and better choices. The company does this by working in partnership with talented founders and management teams to create, invest in, and lead fast-growing businesses in developed and emergingmarkets.Kinnevik believes in delivering both shareholder and social value by building well-governed companies that contribute positively to society. Kinnevik was founded in 1936 by the Stenbeck, Klingspor, and von Horn families. Kinnevik's shares are listed on Nasdaq Stockholm's list for large-cap companies under the ticker codes KINV A and KINV B.

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Investment focus

  • Industry: E-Commerce, Health Care, Financial Services
  • Stage:Series B, Series C, Series A
  • Geography: United States, Sweden, Germany

Investor stats

  • Total investments: 181
  • Round size: Series A $2M–$91M; Series B $23M–$120M; Series C $41M–$200M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Anterior — Lead your plan into the future.
  • Zalando — Zalando is a European online fashion platform- offering a broad assortment of fashion for men, women and children. It carries over 1.500 brands and over 150.000 product choices for over 17 million customers in 15 countries. By constantly optimising its processes and platform offerings, using its e-commerce expertise and lots of can-do spirit,Zalando have become Europe's leading online fashion retailer in only a few years. Its goal is to create the world’s best online fashion experience. The cores of its business are what the company focuses on, always striving to be cutting-edge in fashion, technology, marketing, and logistics. Zalando SE in Berlin is the group’s centrepiece which focuses on the development of its core product: the online shopping experience. Zalando SE operates the international business and takes care of their business development. Zalando SE comprises functions like the management, marketing, administration, and technology.
  • Global Fashion Group — Global Fashion Group (GFG) is the leading fashion and lifestyle destination in LATAM, SEA & ANZ.
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Electrolux
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

Electrolux is a multinational home appliance manufacturer for professional use. The products sell under a variety of brand names including its own and are primarily major appliances and vacuum cleaners intended for consumer use. The company provides products includes washing machines, microwave ovens, cookers, refrigerators, vacuum cleaners,dishwashers, and air conditioners.The company also manufactures professional food service and laundry equipment used by hotels, restaurants, and laundromats. They also create value for shareholders as well as for business partners, employees, and consumers. It also offers ovens, hoods, and hoods for households and professional kitchen and tumbles dryers.Electrolux was founded in 1919 and is headquartered in Stockholm, Stockholms Lan, Sweden.

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Investment focus

  • Industry: Apps, Food and Beverage, Cooking
  • Stage:Series A, Series B
  • Geography: United States, Sweden

Investor stats

  • Total investments: 3
  • Round size: Series A $10M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mila Cares — Mila is the best smart air purifier for home use. Award-winning design, quieter performance, and powerful clean air for every room.
  • SideChef — Your digital resource for all home cooking needs. Browse 18,000 step-by-step recipes personalized to your diet and taste, for every skill level.
  • Karma — Karma develops an application that helps restaurants, grocers and cafés reduce their food waste by selling their surplus to consumers at reduced prices. Its application serves as a sales channel via which merchants offer take away food items to registered users. Elsa Bernadotte, Mattis Larsson, Hjalmar Nordegren, Ludvig Berling, and Steven vanWel founded Karma on September 1, 2015. Its headquarters is in Stockholm in Sweden.
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Bessemer Venture Partners
VC Fund · Redwood City, California, United States · 1 investments in Sweden Social Impact startups

Bessemer Venture Partners is a venture capital firm that invests in early-stage and growth-stage companies across technology, healthcare, and consumer sectors. It provides capital to startups and emerging businesses while supporting founders with strategic guidance, operational insight, and network access. The firm participates in multiple fundingstages, from seed investments to later growth rounds, and works closely with portfolio companies on product development, market expansion, and organizational scaling. Its investment activities span software, cloud infrastructure, fintech, biotech, and internet-enabled businesses, aligning capital deployment with long-term company building.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1590
  • Round size: Series A $5.2M–$45M; Series B $10M–$63M; Series C $12M–$100M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $1B in 2025

Portfolio highlights

  • MaintainX — MaintainX helps you track your reactive maintenance, preventive maintenance, and control the daily operations of your business. Get started for Free!
  • Strut Learning — Deliver flexible online experiences your students demand all in your in the ecosystem. Complete degree programs, plug and play, and customizations in a snap.
  • Pluro Fertility and IVF — Pluro is a leading fertility clinic in India offering IVF, ICSI, IUI, and test tube baby treatments. Book your free fertility consultation today.
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Working Capital
VC Fund · Redwood City, California, United States · 1 investments in Sweden Social Impact startups

Working Capital process is supply chain intervention, philanthropic sidecar, and theory of change. They invests in scalable innovations to meet the growing corporate demand for more transparent and ethical supply chains addressing the urgent need to protect vulnerable workers and source responsibly.

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Investment focus

  • Industry: Supply Chain Management, Artificial Intelligence, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Spain

Investor stats

  • Total investments: 22
  • Round size: Seed $500k–$7M; Series A $5M–$20M; Series B $28M–$67M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Elm AI — Esger's AI agents simplify ESG regulations compliance for companies within the supply chain
  • minu — minu is revolutionizing the financial health of Mexican employees, offering them access to their already worked salary when they need it, instead of having to wait for payroll. The company works with HR divisions of companies that offer the provision of minu to improve satisfaction, retention, and attraction of talent. minu is supported byFinTech's leading institutional investors globally, including QED.
  • CompScience — Kinetic Eye's ground-breaking technology allows for detection of risk within hours rather than days. Protecting your bottom-line and more importantly, your employees.
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Justin Mateen
Angel · 1 investments in Sweden Social Impact startups, 8 in the past 12 months

Justin Mateen is the Founder of Tinder, the world's largest dating platform. Founded in 2012, Tinder is the highest grossing app on Apple's app store since 2017 and was valued at over $40 Billion dollars in 2021. In 2021, Business Insider ranked Mateen as the best early stage investor in the US, placing him at the number 1 spot on thetop 100 list of US Seed Investors. In 2020, Forbes included Mateen on their list of the decade's top 10 tech entrepreneurs. Fast Company has listed him as one of the most creative people in business.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Mexico, India

Investor stats

  • Total investments: 123
  • Lead/follow: no public data

Portfolio highlights

  • Whop — One-stop-shop for all the latest and greatest digital products to help you earn online. From trading software to reselling communities, we've got you.
  • Slash — Tens of thousands of online businesses use Slash to track their profits, earn cash back, and get faster payouts from platforms like GOAT and Amazon. No LLC required, no account fees, no minimum balance, and no credit checks.
  • Somethings — We connect your teen with a professional, trained 20-28 year old mentor who supports your teen via text and video call whenever they need. Start today.
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Sarah Drinkwater
Angel · London, England, United Kingdom · 1 investments in Sweden Social Impact startups

Atomico Angel

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Investment focus

  • Industry: Fashion, Communities, Apps
  • Stage:Seed, Pre-Seed
  • Geography: France, Sweden, United States

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Anyone — Anyone makes getting and giving advice easy through five-minute voice calls. Reserve your handle in the phone book of the future.
  • Liberare (Formerly Intimately) — Intimately sells adaptive bras and underwear for women with disabilities. We sell the easiest bras to put on that are also fashionable. Front opening bras with the newest technology allow for easy dressing for everyone.
  • Lucky Sweater — Welcome to the ultimate slow fashion community closet. Explore different styles, discover independent designers, and try new things with the slow fashion community.
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Jeppe Rindom
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden Social Impact startups

Jeppe Rindom is CEO & Co-founder of Pleo.Before starting Pleo, Jeppe was the CFO of the Danish startup success, Tradeshift and he has been involved as an advisor and investor in several startups and fintech companies.

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Investment focus

  • Industry: Software, Mobile Apps, B2B
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Sweden, Denmark

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Monta — Monta is the operating platform powering the EV ecosystem serving drivers, companies, cities, and the electricity grid with one integrated solution.
  • PocketLaw — PocketLaw is a user-friendly and affordable solution that allows you to create contracts, get legal guidance, manage your documents and contact lawyers.
  • Fullview — Fullview let's you instantly monitor, control and analyze user sessions for faster real time customer support. No downloads. Easy to integrate.
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Klaus Nyengaard
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden Social Impact startups

Klaus Nyengaard is the co-founder and Chairman of GenieBelt, a SaaS-based platform that develops project management software. He is also co-founder of the investment club, Nordic Makers. He serves as the co-chairman of Treatwell, a beauty and wellness community marketplace. Nyengaard has previously been CEO & Chairman of Just-Eat pre-IPO, andbuild a number of tech companies. In 1994, Klaus Nyengaard graduated from Aarhus University with a specialized degree in economics and management.

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Investment focus

  • Industry: E-Commerce, Marketplace, Apps
  • Stage:Seed, Angel, Series A
  • Geography: Denmark, United Kingdom, Spain

Investor stats

  • Total investments: 17
  • Lead/follow: no public data

Portfolio highlights

  • Famly — Easy-to-use software for childcare providers. Our nursery management software makes administration, planning, and learning journals easy. Try it for free.
  • Panion — Panion is a community-building tool that helps companies, schools, and organizations facilitate more social interactions amongst its members. The platform is entirely keyword searchable and filterable so members are able to search for each other based on common interests, values, goals or experiences and even narrow their searches by location,gender, age, language and much more. Members and admins can propose spontaneous events within the network and form social groups around an interest. Community admins are given a dashboard of analytics to track trends in their community and send segmented messages based on interest and location.
  • Spotahome — Spotahome is a mid- to long-term residential rentals platform that is reinventing the property market. It offers the most complete property and room listings for stays above 30 days, bookable exclusively through online viewings which saves tenants and property owners time and money. The company creates the listing at no cost to the landlord - aprofessional photographer ("Homechecker") visits the property and creates the audio-visual materials including high quality photos, HD video tours, detailed floor plans and honest property and neighbourhood descriptions. By offering the most complete property listings, it allows tenants to book their property from anywhere in the world without the need for in-person viewings. It also offers guarantees against default payments and damages. Spotahome is growing rapidly, fueled by a $40M Series B funding round led by Kleiner Perkins, the first leading Silicon Valley VC in a Spanish company. It is present in 11 cities across 8 countries in Europe.Spotahome was launched by Alejandro Artacho, Bryan McEire, Hugo Monteiro and Bruno Bianchi in March 2014 and has offices in both Madrid, Spain and London, UK.
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Sune Alstrup
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Sweden Social Impact startups

Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe

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Investment focus

  • Industry: Software, Artificial Intelligence, Computer Vision
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, France

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • Go Dogo — Go Dogo provides mental workout for dogs - It's an app-controlled wall-mounted robot that uses the home TV to give instructions and feedback. The combination of computer vision and treat releases enables brain games that slowly gets more and more challenging. Over-the-Air updates ensures that Go Dogo never gets old.
  • Rerun — Log and visually explore computer vision and robotics data over time. Debug and understand the internal state and data of your systems with minimal code.
  • Doublepoint — Solving Next-Generation Interactions. Doublepoint provides future computing platforms more intuitive, robust and versatile interactions.
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Marcus Bäcklund
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

Marcus Bäcklund is a CEO at Irisity AB (publ). He Attended Chalmers University of Technology.

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Investment focus

  • Industry: Software, eSports, Gambling
  • Stage:Seed, Post-IPO Equity, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $355k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Betspawn — Money / Bitcoin / Bank ID eSports betting #DOTA2 #CSGO #LoL #SC2 #HOTS #HS Delighted partners and sponsors of Dota team @thefinaltribe.
  • Irisity — At Irisity we're doing real-time video analytics powered by machine learning. Irisity is a public software company with headquarters at Lindholmen, Gothenburg, and offices in Israel, USA, UAE and Singapore, where the innovative spirit is flourishing. We develop smart algorithms to detect and predict suspicious activities while preservingpeople’s integrity. We believe that enhanced AI performance, ethics, and privacy go hand in hand, creating a positive mark within the camera security industry.Irisity’s patented solution IRIS™ can be integrated into any new or existing camera infrastructure, installed directly into the camera, on server or in the cloud, to safeguarding people and assets. IRIS™ product portfolio includes solutions on asset protection, traffic management, and forensic search capabilities for a broad spectrum of industries such as safe cities, education, transportation, infrastructure, and the security industry. All IRIS™ functionality is available with our patented real-time anonymization, ensuring GDPR and US NDA act compliance and ethical safeguarding
  • Winningtemp — Improve your employee experience with Winningtemp's AI-powered software. Leverage real-time data and insights to improve engagement and reduce turnover.
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Scott Mackin
Angel · London, England, United Kingdom · 1 investments in Sweden Social Impact startups

Mr. Scott Mackin is a Managing Partner and Co-President and heads the firm’s Power & Renewables team. Mr. Mackin brings 25 years of energy experience to Denham. He is a member of the Management Committee, Executive Committee, Investment Committee and Valuation Committee. Prior to joining Denham, Mr. Mackin was the President and CEO ofWaypoint Energy, Managing Partner at The Chatham Group, President and CEO of Covanta Energy Corporation, President of Ogden Energy and General Counsel at Ogden Projects, Inc. He was also an Associate at Schnader, Harrison, Segal & Lewis and Law Clerk to the Hon. Daniel H. Huyett III, Federal District Court for the Eastern District of Pennsylvania. Mr. Mackin currently is a member of the Board of Directors of Greenleaf Power LLC, BTE Wind (Proprietary) Ltd. and Gradient Resources Inc.

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Investment focus

  • Industry: Software, Travel, Education
  • Stage:Pre-Seed
  • Geography: Sweden, United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Wangie — Connect with qualified mental health practitioners, ready and available round the clock.
  • Globetrotter VR — Globetrotter VR is a platform for virtual travel. Experience the world through best-in class guided tours using virtual reality.
  • Views For Change — Social Impact SAAS platform transforming marketing performance by harnessing the power of charitable donations as consumer rewards.
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Arlan Hamilton
Angel · Los Angeles, California, United States · 1 investments in Sweden Social Impact startups

Arlan Hamilton is the Founder and Managing Partner of Backstage Capital, a venture capital firm dedicated to minimizing funding disparities in tech by investing in high-potential founders who are people of color, women, and/or LGBT. Started from scratch in 2015, Backstage has now raised more than $12 million and invested in more than 150startup companies led by underestimated founders. In 2018, they launched a four-city accelerator program in Los Angeles, Detroit, Philadelphia, and London.Arlan is the author of, It's About Damn Time, an inspirational and tactical business book for budding entrepreneurs and aspiring investors. She hosts the popular podcast, Your First Million, and has been featured on CNN, PBS, and others, and in 2019 became the first Black woman to have an entirely devoted episode of Emily Chang's Bloomberg 1.0.In October 2018, Arlan was featured on the cover of Fast Company magazine as the first Black woman non-celebrity to do so (following Oprah, Serena, and Beyonce). In 2019, Arlan and her mother, Mrs. Earline Butler-Sims, announced their new scholarship program, which kicked off with Oxford University's first-ever undergraduate scholarship for a Black student, as well as a commitment to fund a full-ride scholarship for a Psychology student at Mrs. Sims' alma mater, HBCU Dillard University.

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Investment focus

  • Industry: Software, FinTech, Communities
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Sweden

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • MicroAcquire — Buy and sell startups in as little as 30 days. Connect with 200k+ qualified buyers & browse 1,000s of vetted listings. Free escrow, legal docs & more. Join now.
  • Patientory — Patientory empowers our users with actionable insights from health data, incentivizing them to take control of their health outcomes.
  • Maven — Maven is where top creators teach cohort-based courses. We help you make a living teaching what you love.
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Michael Heller
Angel · New York, New York, United States · 1 investments in Sweden Social Impact startups

Michael Heller - CEO and Founder @ Talent Resources

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Investment focus

  • Industry: Food and Beverage, Fashion, E-Commerce
  • Stage:Seed, Angel
  • Geography: United States, Sweden

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Blisser — Connect with your idols to drive change together. Book an instant video or customized video from a celebrity or industry expert and help drive positive social impact with video proceeds donated to charity.
  • Genetica — Elevate your cannabis & hemp experience with our AI product recommendation tool. Uncover ideal matches with AI in retail. Request a demo now!
  • Dream Pops — Dream Pops manufactures and markets plant-based frozen desserts formulated with coconut milk, coconut sugar, fruits and herbs. Inspired by Colombian paletas, varieties include mixed berry, chocolate with lion’s mane mushroom, vanilla matcha, coconut latte, and mango rosemary.
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Citi Ventures
VC Fund · San Francisco, California, United States · 1 investments in Sweden Social Impact startups, 28 in the past 12 months

Citi Ventures ignites change and reimagines solutions to drive economic progress for Citi's clients. We explore, incubate, and invest in new ideas in partnership with Citi colleagues, our clients, and the innovation ecosystem to accelerate the discovery of new sources of value.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series B, Series C, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 183
  • Lead/follow: no public data

Portfolio highlights

  • Binalyze — Binalyze enhances all your digital forensics and incident response processes at max speed.
  • Vega — The comprehensive wealth creation platform for high-net-worth individuals and their advisors. Vega bridges the gap between the institutional and private wealth management worlds.
  • Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.
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Nordic Makers
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

We know how much grit and luck it takes to build big companies. That’s why we invest our time and our children’s money in crazy, ambitious founders.Founded by a group of serial entrepreneurs that have built, scaled and exited some of the largest technology companies of the Nordics, Nordic Makers is a seed stage hands-on investor, workingactively with companies to take them to the next level.

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Investment focus

  • Industry: Software, Education, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Denmark, Norway

Investor stats

  • Total investments: 33
  • Lead/follow: no public data

Portfolio highlights

  • Tjommi — B2C app helping customers get money back from price drops
  • CluedIn — CluedIn helps enterprise companies achieve easier and reliable access to data that is scattered across their business. We build the Smart Data Fabric.
  • Cognigy GmbH — Automate customer and employee services through Conversational AI implementation across any organization with Cognigy. Book demo or try free now!
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Magnus Bergman
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Social Impact startups

Magnus Bergman is co- founder and general partner of Luminar Ventures. Magnus has made over 30 seed investments in the past 10 years making him one of the most experienced tech angel investors in Sweden. Magnus was the first investor in Truecaller and was an early stage investor in Prezi, Soundtrap, Karma, and others. He also founded ParallelConsulting Group, which he later sold to Icon Medialab. Magnus Bergman has a Ph.D. in Physics at INPT, Toulouse, and a post-doctoral research position at NADA, KTH, Stockholm.

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Investment focus

  • Industry: Software, Health Care, Apps
  • Stage:Seed, Series A
  • Geography: Sweden, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $180k–$5.7M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Corsmed — The leading MRI simulator for education, training and research. A virtual MRI scanner available at any laptop with internet connection.
  • IPercept — At IPercept we provide AI-based, hardware-enabled software solutions and services that can best be described as the fitness tracker for complex industrial machines. At the push of a button, you can learn about a machines’ health, down to micrometer changes for each critical component. You can get insights into what maintenance activities you shouldapply and when. You can monitor how the machines are operated, how to optimize their utilization and much more. All of this is achieved through a plug-n-play installation - for old machines as well as new. All securely provided without requiring access to any machine controllers or IT-systems. These services reduce maintenance costs, downtime and increase productivity - a solid ROI for our customers. In 5 years, most complex industrial machinery sold in the world will be supported by our technology.
  • Karma — Karma develops an application that helps restaurants, grocers and cafés reduce their food waste by selling their surplus to consumers at reduced prices. Its application serves as a sales channel via which merchants offer take away food items to registered users. Elsa Bernadotte, Mattis Larsson, Hjalmar Nordegren, Ludvig Berling, and Steven vanWel founded Karma on September 1, 2015. Its headquarters is in Stockholm in Sweden.
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Social Impact Investor funding in Sweden at a glance

Stats across 20 deals from 40 investors.

40
investors
in Sweden Social Impact startups
20
deals
in Sweden Social Impact startups
$1.3M
median round
in Sweden Social Impact startups
45%
lead investors
lead at least one round
15%
Pre-Seed
most common funding stage
68/33
VC / Angel
share of investor count

Access all 40 investors in Sweden Social Impact startups.

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