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Top 50 Sustainability Startup Investors in Sweden (October 2026)

The most active venture capital funds and angel investors investing in Sweden Sustainability startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Sustainability startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Chalmers Ventures AB
VC Fund
44 Sweden, United States Pre-Seed, Seed, Venture - Series Unknown Software, Biotechnology, Information Technology $5.8k–$3.5M
Almi Invest
VC Fund
38 Sweden, Norway, United States Venture - Series Unknown, Seed Software, Health Care, Information Technology $226k–$3.5M
Norrsken VC
VC Fund
11 Sweden, United Kingdom, Germany Seed, Series A, Venture - Series Unknown Software, Food and Beverage, Artificial Intelligence $893k–$156M
Antler
VC Fund
9 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
BackingMinds
VC Fund
7 Sweden, Denmark, Finland Seed, Venture - Series Unknown, Pre-Seed Software, SaaS, Energy $826k–$40M
Midroc New Technology
VC Fund
6 Sweden Venture - Series Unknown, Seed, Series A Energy, Renewable Energy, Manufacturing $1.9M–$11M
Industrifonden
VC Fund
6 Sweden, United States, Denmark Series A, Venture - Series Unknown Biotechnology, Software, Information Technology $2.3M–$21M
Course Corrected
VC Fund
6 Sweden, United States, Finland Seed, Pre-Seed, Venture - Series Unknown Energy, Renewable Energy, Manufacturing $531k–$40M
Kinnevik
VC Fund
6 United States, Sweden, Germany Series B, Series C, Series A E-Commerce, Health Care, Financial Services $2M–$200M
EISMEA
VC Fund
5 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Software, Biotechnology $53k–$2.6M
byFounders
VC Fund
5 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $750k–$65M
Swedish Energy Agency
VC Fund
5 Sweden, Japan, Norway Grant, Venture - Series Unknown, Seed Energy, Renewable Energy, Manufacturing $53k–$13M
Almi Invest GreenTech
VC Fund
5 Sweden, United States Seed, Venture - Series Unknown, Series A Energy, Chemical, Manufacturing $500k–$12M
Luminar Ventures
VC Fund
4 Sweden, Norway, United States Seed, Series A, Pre-Seed Software, Information Technology, SaaS $420k–$21M
Nordic Alpha Partners
VC Fund
4 Denmark, Germany, Sweden Venture - Series Unknown, Seed Energy, Energy Storage, Renewable Energy $3M–$9.8M
General Catalyst
VC Fund
4 United States, India, United Kingdom Seed, Series A, Series B Software, Artificial Intelligence, Health Care $1.6M–$123M
Climentum Capital
VC Fund
4 Sweden, Germany, Norway Seed, Series A, Series B CleanTech, Energy, Clean Energy $2.1M–$16M
Kiilto Ventures
VC Fund
4 Switzerland, Norway, Sweden Seed, Venture - Series Unknown, Pre-Seed Software, Construction, Sustainability $1.3M–$4.6M
Lowercarbon Capital
VC Fund
4 United States, United Kingdom, France Series A, Seed, Series B Renewable Energy, Energy, Manufacturing $3M–$150M
CommerzVentures
VC Fund
4 United Kingdom, Germany, United States Series A, Series B, Series C FinTech, Financial Services, Software $7.3M–$103M
Verdane
VC Fund
4 Sweden, Norway, Germany Venture - Series Unknown, Private Equity Software, E-Commerce, Information Technology $2.2M–$100M
SMOK Ventures
VC Fund
4 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$3M
Sebastian Siemiatkowski
Angel
3 Sweden, United States, Poland Seed, Series A, Venture - Series Unknown Software, Internet, E-Commerce $798k–$800M
Legal & General Capital
VC Fund
3 United Kingdom, Sweden, The Netherlands Series B, Series A Energy, Solar, Manufacturing $11M–$46M
DHS Venture Partners
VC Fund
3 Sweden Pre-Seed, Venture - Series Unknown Software, SaaS, Big Data $90k–$1.5M
Unconventional Ventures
VC Fund
3 Sweden, Denmark, United Kingdom Seed, Pre-Seed, Series A Health Care, Software, Wellness $1M–$18M
CapitalT
VC Fund
3 The Netherlands, United Kingdom, Sweden Pre-Seed, Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $585k–$11M
H&M Group Ventures
VC Fund
3 Sweden, United States, United Kingdom Series A, Venture - Series Unknown E-Commerce, Fashion, Textiles $582k–$45M
Polar Structure
VC Fund
3 Sweden, Puerto Rico, United States Seed, Venture - Series Unknown Energy, Manufacturing, Software $1.3M–$11M
BNVT Capital
VC Fund
3 Saudi Arabia, France, Germany Series A, Seed, Pre-Seed Software, E-Commerce, Construction $3M–$22M
Wellstreet
VC Fund
3 Sweden, Norway, Finland Venture - Series Unknown, Seed Software, E-Commerce, Retail $216k–$5M
Christian Edler
Angel
3 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Software, Financial Services, FinTech $497k–$100M
Hampus Jakobsson
Angel
3 Sweden, Denmark, United States Seed, Angel, Series A Health Care, Software, Apps $96k–$30M
Rikard Steiber
Angel
3 Sweden, United States, Czech Republic Seed, Angel, Pre-Seed Software, Virtual Reality, Artificial Intelligence $150k–$15M
Filip Larsson
Angel
3 Sweden Pre-Seed, Seed, Angel Mobile Apps, Software, Health Care $193k–$2M
Headline
VC Fund
3 United States, Germany, Brazil Series A, Series B, Seed Software, E-Commerce, Information Technology $1.1M–$78M
Visive Capital
VC Fund
3 Sweden Seed, Pre-Seed Environmental Engineering, Finance, Internet
Norrsken Launcher
VC Fund
3 Sweden Seed, Pre-Seed AgTech, CleanTech, Clean Energy $1.5M–$12M
Wave Ventures
VC Fund
3 Finland, Sweden, Germany Pre-Seed, Seed, Venture - Series Unknown Software, Information Technology, Internet $183k–$4M
Orkla Ventures
VC Fund
3 Norway, Sweden, United Kingdom Seed, Venture - Series Unknown, Angel Software, B2B, Apps $200k–$20M
Altor
VC Fund
3 Sweden, Norway, United States Private Equity, Post-IPO Equity, Venture - Series Unknown Manufacturing, E-Commerce, Energy $5.3M–$1.9B
GU Ventures
VC Fund
3 Sweden, United States Seed, Series A, Venture - Series Unknown Pharmaceutical, Medical, Recycling $658k–$73M
Vinnova
VC Fund
3 Sweden, United States, Canada Grant, Seed Software, Health Care, Biotechnology $28k–$831k
Brightly Ventures
VC Fund
3 Sweden, United States Seed, Series A Software, Information Technology, SaaS $1.3M–$16M
Spintop Ventures
VC Fund
3 Sweden, Finland, Norway Seed, Series A Software, Information Technology, SaaS $907k–$11M
Southbay ventures
VC Fund
3 Sweden Seed, Series A Sustainability, Cycling, Construction
SamInvest Mitt
VC Fund
3 Sweden Seed, Venture - Series Unknown Software, Manufacturing, Hardware $300k–$2M
Northzone
VC Fund
3 United States, Sweden, United Kingdom Series A, Series B, Seed Software, Artificial Intelligence, FinTech $2.5M–$100M
SEB Venture Capital
VC Fund
3 Sweden, Denmark, United Kingdom Series A, Series B Software, Information Technology, FinTech $1.2M–$23M
Partnerinvest Norr
VC Fund
3 Sweden, United States Seed, Venture - Series Unknown Software, Manufacturing, Information Technology $359k–$4M
Access all 705 investors in Sweden Sustainability startups.

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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 · 44 investments in Sweden Sustainability 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, United States

Investor stats

  • Total investments: 282
  • Round size: Seed $237k–$2.3M; Pre-Seed $5.8k–$349k; Venture - Series Unknown $357k–$3.5M
  • Lead/follow: 45% lead, 55% 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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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 38 investments in Sweden Sustainability 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:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 543
  • Round size: Seed $226k–$2.2M; Venture - Series Unknown $326k–$3.5M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $64M in 2024

Portfolio highlights

  • Indevex AB — Indevex is a science-based and privately owned biotech company from Sweden. A natural and reliable partner, providing evidence based natural nutrition concepts based on the patented NGC™ Formula.
  • 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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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 11 investments in Sweden Sustainability 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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Antler
VC Fund · Singapore, Central Region, Singapore · 9 investments in Sweden Sustainability startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2382
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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BackingMinds
VC Fund · Stockholm, Stockholms Lan, Sweden · 7 investments in Sweden Sustainability startups

We help great minds unleash their full potential!

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 37
  • Round size: Seed $854k–$3.7M; Pre-Seed $826k–$8.2M; Venture - Series Unknown $1.3M–$40M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $52M in 2022

Portfolio highlights

  • Tavion — Critical energy storage infrastructure for a sustainable future.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Helios Innovations — Helios offers on-site industrial waste management of liquid waste. Reduce waste volume by up to 90% without investment.
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Midroc New Technology
VC Fund · Solna, Stockholms Lan, Sweden · 6 investments in Sweden Sustainability startups

The area of New Technologies is highly interesting to us.The companies in this area are often relatively small and new. Midroc has an understanding for entrepreneurism and innovations and can give significant support to innovative companies.We contribute to the process of building profitable companies, and possibly market leadingcorporations, out of innovative ideas. It is an interesting business with a useful function as commercial development of new technology in most cases requires financing and support from a venture capitalist.The potential for global and innovative technologies regarding alternative fuels, energy, environmental technology and a greener future is really without limitations or boundaries.The goal for Midroc New Technology is to go for inventions that gives a good return and at the same time also provides useful global and environmental benefits.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 13
  • Round size: Venture - Series Unknown $1.9M–$11M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Kärnfull — The Nordic region's very first 100% nuclear electricity provider. An ecorational tech-enabler raising funds to science and R&D in next-gen nuclear via every delivered kilowatt-hour. Currently active in Sweden and Denmark, with Midroc New Technology as minority owners. Driven by a rapid organic growth, supplying thousands of householdsand SMEs with the cleanest energy available (Swedish nuclear, 2,5g CO2/kWh) by means of a fully digital service and Guarantees of Origin (GOOs). Supported by pro-bono advisors José Gonzalez (artist), Caroline Cochran (Oklo), Steven Pinker (Harvard), Christian Ekberg (Chalmers), Kirsty Gogan (TerraPraxis), Eric Ingersoll (LucidCatalyst), Johan Carlsson (producer), Klara Insulander Björk (Chalmers).
  • CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
  • Reliefed Technologies — Reliefed offers non-metallic flow plates as an affordable and sustainable alternative for heat exchangers, fuel cells, electrolysers, cold plates, etc.
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Sustainability startups

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.

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Investment focus

  • Industry: Biotechnology, Software, Information Technology
  • Stage:Series A, Venture - Series Unknown
  • Geography: Sweden, United States, Denmark

Investor stats

  • Total investments: 204
  • Round size: Series A $3.3M–$21M; Venture - Series Unknown $2.3M–$20M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • 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.
  • Trackpaw Scientific — Contributing to the development of safe and effective pharmaceuticals at increased speed and quality by digitalising the preclinical study landscape.
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Course Corrected
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Sustainability startups

An early-stage venture capital fund backing climate tech companies with potential to become the leading businesses of tomorrow. Representing potentially one of the greatest investment opportunities of our lifetime - we invest in visionary entrepreneurs disrupting traditional industries and delivering exceptional growth as the world transitions to alow-carbon economy. Together with the most visionary and passionate entrepreneurs, Course Corrected wants to be part of solving one of our planet's most pressing challenges – battling climate change.

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Sweden, United States, Finland

Investor stats

  • Total investments: 29
  • Round size: Seed $705k–$9.1M; Pre-Seed $531k–$8.2M; Venture - Series Unknown $6.4M–$40M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fresh fund, raised $66M in 2024

Portfolio highlights

  • Tavion — Critical energy storage infrastructure for a sustainable future.
  • Renasens AB — Waterless textile recycling that keeps fiber quality intact. Transform textile waste into clean, recycled fibers at scale with our proprietary process.
  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
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Kinnevik
VC Fund · Stockholm, Stockholms Lan, Sweden · 6 investments in Sweden Sustainability 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: 188
  • Round size: Series A $2M–$91M; Series B $23M–$120M; Series C $38M–$200M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • 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.
  • Tandem Health — Focus on providing care, while Tandem helps you easily write medical notes directly after the patient consultation.
  • Enveda Biosciences — Enveda exists to give hope to millions of people around the world by accelerating the discovery of better medicines.
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EISMEA
VC Fund · 5 investments in Sweden Sustainability startups

Investment focus

  • Industry: Manufacturing, Software, Biotechnology
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Spain, Italy, United Kingdom

Investor stats

  • Total investments: 3533
  • Round size: Seed $53k–$800k; Grant $54k–$2M; Venture - Series Unknown $573k–$2.6M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • BroadBit Batteries — BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
  • Aenitis Technologies — We develop innovative devices for cells therapy processing using Acoustic Radiation Forces.
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Access 48,091 investors

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

Browse database — It's Free!
byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 5 investments in Sweden Sustainability startups, 17 in the past 12 months

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 135
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $750k–$4.3M; Series A $6.1M–$65M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models.
  • Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.
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Swedish Energy Agency
VC Fund · Eskilstuna, Sodermanlands Lan, Sweden · 5 investments in Sweden Sustainability startups, 6 in the past 12 months

Start page of The Swedish Energy Agency

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Investment focus

  • Industry: Energy, Renewable Energy, Manufacturing
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Sweden, Japan, Norway

Investor stats

  • Total investments: 31
  • Round size: Grant $53k–$13M; Venture - Series Unknown $485k–$9.5M
  • Lead/follow: 81% lead, 19% follow

Portfolio highlights

  • MK Plus — MK Plus is a manufacturing company that develops vanadium solid batteries for power generation and aerospace applications.
  • Rivus Batteries — Rivus is a start-up that serves as the commercialization platform for the aqueous organic flow battery technology.
  • Windeed — Windeed AB develops patented floating offshore wind technology, specifically focusing on low-weight float designs and deep-water mooring systems
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Almi Invest GreenTech
VC Fund · 5 investments in Sweden Sustainability startups

Almi Invest GreenTech is a venture capital company and an active start-up investor.

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Investment focus

  • Industry: Energy, Chemical, Manufacturing
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Sweden, United States

Investor stats

  • Total investments: 28
  • Round size: Seed $500k–$4.7M; Series A $2.2M–$12M; Venture - Series Unknown $1.3M–$11M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • EnginZyme — Enzymatic chemistry for cleaner ingredients in personal care, food and pharma. Enginzyme's patented EziG platform makes enzymes work at industrial scale.
  • 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.
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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Sustainability startups

Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $960k–$5.4M; Pre-Seed $420k–$4M; Series A $8.3M–$21M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $69M in 2023

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Ivy Interactive — Frictionless Coding with AI
  • 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.
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Nordic Alpha Partners
VC Fund · Hellerup, Hovedstaden, Denmark · 4 investments in Sweden Sustainability startups

Targeting critical European re-industrialisation technology across pioneering hardware sectors with capital efficient growth investments.

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Investment focus

  • Industry: Energy, Energy Storage, Renewable Energy
  • Stage:Venture - Series Unknown, Seed
  • Geography: Denmark, Germany, Sweden

Investor stats

  • Total investments: 29
  • Round size: Seed $3M–$8.7M; Venture - Series Unknown $4.5M–$9.8M
  • Lead/follow: 72% lead, 28% follow
  • Last fund: Likely still investing — raised $286M in 2024

Portfolio highlights

  • Stabl Energy — Scalable battery storage systems for energy storage in industry and commerce made by STABL Energy help to utilise the full potential of renewable energies.
  • Green Hydrogen Systems — GreenHydrogen believes that electrolysers have a great potential to become a core technology in green and renewable energy.
  • Hybrid Greentech — Hybrid Greentech offers end-to-end profitable solutions for BESS projects, from detailed business case and sizing analysis to project development services, EPC management, and operations and optimization for multi-market revenue stacking.
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General Catalyst
VC Fund · Cambridge, Massachusetts, United States · 4 investments in Sweden Sustainability startups

Investing in powerful, positive change that endures

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 2288
  • Round size: Seed $1.6M–$18M; Series A $6.7M–$75M; Series B $14M–$123M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fund raised in 2026

Portfolio highlights

  • Datalogix — Datalogix® is the industry-recognized leader at connecting digital media and offline purchasing data. We help more than half of the top 100 consumer marketers increase the effectiveness and measurability of their advertising. DLX Platform®, encompasses over $1 trillion in consumer spending and powers campaigns for more than 75% of online mediacompanies. DLX ROI® is rapidly becoming the industry standard for measuring offline sales lift for digital media. Datalogix also offers predictive analytics for Direct Mail, and integrated media solutions via the DLX Net. Our expertise spans the major consumer segments, including Retail, CPG, Automotive, Telecom, Travel and Financial Services. We are based in Colorado, with offices in New York City, San Francisco, Boston, Chicago, Detroit, and London.
  • Legora — By streamlining and simplifying legal workflows, we empower elite law firms and legal professionals to work more efficiently and effectively. Enabling them to focus on higher-value tasks and deliver exceptional results for their clients.
  • Ayr Energy — Ayr Energy designs, engineers, manufactures, and supplies power transformers, distribution transformers, switchgear, and circuit breakers.
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Climentum Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 4 investments in Sweden Sustainability startups

A Venture Capital firm investing into European early-stage tech companies attacking CO2 emissions

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Investment focus

  • Industry: CleanTech, Energy, Clean Energy
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, Germany, Norway

Investor stats

  • Total investments: 24
  • Round size: Seed $2.1M–$6M; Series A $5M–$16M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely actively investing — fresh fund, raised $69M in 2026

Portfolio highlights

  • Eqon — Revolutionary heat management with up to 80% lower consumption. EQON provides smart solutions for energy, smart cities, and offshore.
  • One.Five — Grow your strategic edge with AI-generated solutions that deliver the ultimate packaging performance, affordability & sustainability
  • Nature Robots — Nature Robots develops modular autonomy software and hardware for AI-powered, GNSS-independent autonomous farming in complex environments like forests, vineyards, and regenerative farms. Their Lero robots perform tasks such as weeding, seeding, and monitoring with 3D mapping and automatic tool changes. Nature Robots’ solutions enable profitable,sustainable, and bio-intensive agriculture, supporting biodiversity, soil health, and small-scale farming through robust, long-term autonomous navigation and plant monitoring
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Kiilto Ventures
VC Fund · Helsinki, Southern Finland, Finland · 4 investments in Sweden Sustainability startups

Kiilto Ventures is a venture capital firm focuses on early-stage starups.

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Investment focus

  • Industry: Software, Construction, Sustainability
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Switzerland, Norway, Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $1.3M–$2.7M; Venture - Series Unknown $3.8M–$4.6M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • vyzn — vyzn ist die Entscheidungsebene am Start eines Bauprojekts: datenbasierte Antworten zu Kosten, Emissionen, Energie, Komfort und Sicherheit in Minuten.
  • Acembee — Acembee is an AI-driven platform designed to automate the tracking, data collection, and reporting of LCA A4+A5 (Life Cycle Assessment phases related to construction site energy use and transport) for construction projects. provides solution that consolidates data from the building site into one platform, enabling precise, real-time insights intoenergy consumption, CO₂ emissions, and compliance with legal environmental requirements. Acembee saves significant time, reduces unnecessary energy use by up to 40%, and helps projects stay within allowed CO₂ limits, ultimately making sustainability management on construction sites.
  • Birdsview — Sensor fusion of GPR radar, lidar and camera plus AI analysis: see inside any concrete structure without breaking it.
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Lowercarbon Capital
VC Fund · New York, New York, United States · 4 investments in Sweden Sustainability startups, 28 in the past 12 months

Lowercarbon Capital backs kickass companies slashing CO2 emissions, sucking carbon out of the sky, and buying us time to unf**k the planet.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 227
  • Round size: Seed $3M–$12M; Series A $11M–$50M; Series B $21M–$150M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fresh fund, raised $11M in 2025

Portfolio highlights

  • River — Empowering people, improving lives.
  • Rune Energy — Rune Energy is a developer of a computation technology intended to monetize underutilized and surplus clean power.
  • Rainmaker Technology — Rainmaker uses drone-based cloud seeding to increase rainfall, restore ecosystems, and fight drought. Learn how our scalable weather technology brings water to the West.
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CommerzVentures
VC Fund · Frankfurt, Hessen, Germany · 4 investments in Sweden Sustainability 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, Software
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 71
  • Round size: Series A $7.3M–$30M; Series B $14M–$50M; Series C $13M–$103M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — raised $334M in 2022

Portfolio highlights

  • Instanda — Instanda is a provider of a no-code core insurance platform that allows insurance companies to build, configure, and launch products online. The company's platform digitizes the complex insurance value chain with its core digital PAS and an interface that allows business users to innovate, manage, and distribute insurance products.Founded in2012, Instanda is headquartered in London, England.
  • Artificial Labs — Artificial connects brokers and insurers across the specialty market. Underwriting technology and placement tools to move risk faster, with less in the way.
  • Gradient Labs — Gradient Labs builds AI agents for financial services. Automate disputes, KYC, lending, customer support, and the back-office work in between. Book a demo.
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Verdane
VC Fund · Oslo, Oslo, Norway · 4 investments in Sweden Sustainability startups

The preferred growth partner to tech-enabled businesses in Northern Europe.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Venture - Series Unknown, Private Equity
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 170
  • Round size: Private Equity $11M–$100M; Venture - Series Unknown $2.2M–$96M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely actively investing — fresh fund, raised $2B in 2025

Portfolio highlights

  • Babyshop — Babyshop was founded in 2006 with vision of building the best online store in the northern parts of Europe for children clothing. Babyshop want to inspire by offer an exclusive shopping experience and excellent customer service with the best mixture of high-quality brands. Here you'll find baby and children's clothes, shoes, toys,strollers, car seats, maternity clothes, accessories and more for children 0-10 years.
  • Guardsquare — Guardsquare is the leader in mobile application security, with multi-layered protection for your Android and iOS apps. Learn more.
  • Eterno Health — Eterno Health operates in the healthcare sector, providing spaces where medical practitioners can independently conduct their practices. The company focuses on preventative healthcare, offering modern facilities for doctors and therapists across various specialties. Eterno Health supports a wide range of health services, aiming to enhance patientcare through accessible and well-equipped practice areas. The organization also engages in health consultations and treatments, ensuring that these services are delivered in state-of-the-art environments. Eterno Health is committed to strengthening health outcomes by facilitating quality healthcare services.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 4 investments in Sweden Sustainability startups

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 83
  • Round size: Seed $477k–$3M; Pre-Seed $54k–$1.4M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Primio — The platform that takes an app from idea to install, because code stopped being the bottleneck.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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Sebastian Siemiatkowski
Angel · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

Sebastian Siemiatkowski, based out ofStockholm, Stockholms Lan, is the Co-Founder and CEO of Klarna. Sebastian Siemiatkowski attended the Stockholm School of Economics.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United States, Poland

Investor stats

  • Total investments: 22
  • Round size: Seed $1.1M–$8M; Series A $10M–$200M; Venture - Series Unknown $798k–$800M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • nexos.ai — Introducing nexos.ai — a powerful model gateway that delivers game-changing AI solutions. With advanced automation and intelligent decision making, nexos.ai helps simplify operations, boost productivity, and accelerate business growth.
  • Talentium — Meet your dream hire today.
  • Lovable — Build apps, websites, and digital products faster using Lovable's AI-powered platform, no deep coding skills required.
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DHS Venture Partners
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability 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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Unconventional Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Sweden Sustainability startups, 8 in the past 12 months

Unconventional Ventures invests in startups in the pre-seed and seed stage led by diverse founders identifying as women, people of color, immigrants and/or LGBTQ+, building scalable impact tech companies in the Nordics and beyond.

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Investment focus

  • Industry: Health Care, Software, Wellness
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Denmark, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $1M–$5.2M; Pre-Seed $1.5M–$2.8M; Series A $4.7M–$18M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $31M in 2022

Portfolio highlights

  • Visibuilt — Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Replace fossil bitumen with visiBIT.
  • Boldr — Sustainability meets design. Save money and live more sustainably with Boldr products.
  • Digiclean Solutions — AI-powered process chemical control that gives you lower costs, higher efficiency, and a radically smaller footprint.
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CapitalT
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 3 investments in Sweden Sustainability startups

CapitalT is a venture capital fund investing in tech companies in climate tech, future of work, education, and web3/the new social. They help exceptional teams develop groundbreaking ideas to grow better, scale faster, and change across their industries.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Venture - Series Unknown
  • Geography: The Netherlands, United Kingdom, Sweden

Investor stats

  • Total investments: 41
  • Round size: Seed $2.1M–$11M; Pre-Seed $585k–$3.7M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely actively investing — fresh fund, raised $58M in 2025

Portfolio highlights

  • Xylo — Xylo offers higher quality processes with full officer oversight, reducing planning uncertainty and boosting UK housing delivery.
  • Overstory — Overstory combines AI and advanced satellite imagery to help electric utilities pinpoint and prioritize vegetation risks before they materialize. With Overstory's vegetation intelligence, transmission and distribution operators can make smarter decisions about the vegetation around their power corridors, optimizing resources and improvingoperational efficiency. This helps prevent outages, reduce wildfire risks, and accelerate the transition to a safer, more resilient grid.
  • New Dawn Bio — New Dawn Bio is a biotechnology research firm that specializes in wood production.
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H&M Group Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

H&M Group Ventures is the venture capital arm of the H&M Group.

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Investment focus

  • Industry: E-Commerce, Fashion, Textiles
  • Stage:Series A, Venture - Series Unknown
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 61
  • Round size: Series A $2.2M–$45M; Venture - Series Unknown $582k–$9M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • AltMat — AltMat is a textile manufacturing firm that produces clothing materials, including natural fibers and yarns from agricultural wastes.
  • Yaga — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
  • Rubi Laboratories — Rubi Laboratories turns carbon emissions into carbon-negative textiles for the fashion industry, with a proprietary synthetic biology technology.
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Polar Structure
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

Polar Structure is a long-term partner in sustainable infrastructure-related investments in the Nordic region.

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Investment focus

  • Industry: Energy, Manufacturing, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden, Puerto Rico, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $1.3M–$11M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Taggr AB — Realize latent value in your equipment portfolio using light-touch, low-cost IoT technologies, delivered as-a-Service.
  • CemVision — We are re-inventing cement; Replacing everything that’s bad about it with a product that is economical, environmental friendly and technically superior.
  • ClimateView — ClimateView is a Swedish climate action technology company that helps cities transform climate planning into progress. We combine data, agent-based modelling and interface design to help cities successfully manage the transition to zero carbon economies.
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BNVT Capital
VC Fund · London, England, United Kingdom · 3 investments in Sweden Sustainability startups

Multi-stage Investment Fund

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Investment focus

  • Industry: Software, E-Commerce, Construction
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Saudi Arabia, France, Germany

Investor stats

  • Total investments: 18
  • Round size: Seed $4.1M–$8.6M; Pre-Seed $3M–$7.4M; Series A $7.5M–$22M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $150M in 2023

Portfolio highlights

  • Cognna — Simplify cybersecurity solutions management with COGNNA's comprehensive XDR platform for threat hunting and compromise assessment.
  • Cloover — Cloover provides a flexible financing solution that allows you to rent renewable technologies and make savings from day 1, completely risk and worry free!
  • Dawnguard — AI-native platform for fast cloud design and implementation.
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Wellstreet
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

Wellstreet is an innovation and tech ecosystem that includes an investment company, a strategic consultancy firm and a venture building incubator.

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Investment focus

  • Industry: Software, E-Commerce, Retail
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, Finland

Investor stats

  • Total investments: 66
  • Round size: Seed $216k–$1.4M; Venture - Series Unknown $319k–$5M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $40M in 2022

Portfolio highlights

  • Deedster — Accelerate your business by connecting and engaging your audience and employees with sustainability data, insights, and actions.
  • 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 — We champion AI sovereignty in Europe to unlock innovation and growth
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Christian Edler
Angel · Berlin, Berlin, Germany · 3 investments in Sweden Sustainability startups

Christian O. Edler is an investor and entrepreneur with a proven track record in sectors ahead of mainstream adoption. He invests opportunity-driven, sector- and business-model agnostic. Christian built a 10-year track record investing in early-stage ventures and securing exclusive deal flow in primary and secondary growth opportunites. He isco-investing with the best investors and VCs in the world – like Andreessen Horowitz, Peter Thiel, Christian Angermayer, Gsquared, Bitkraft, Bessemer Ventures, Coatue, Sony, FirstMark Capital, DN Capital, FJ Labs, Moore Capital, Alexis Ohanian (Seven Seven Six), Left Lane, Insight, Tencent, Hive and many others. Due to his track record, he has access to exclusive opportunities in the EU/US. Christian’s >75 angel startup investments returned over 20x including several unicorns. As an entrepreneur, Christian recruited, educated and led over 1,500 sales people with $500M in annual sales. His primary focus is on world-class entrepreneurs with new categories of ideas and a potential for massive scale. If you like to co-invest with him, follow his syndicate on AngelList: https://angel.co/s/edleredler/fCORTChristian is a Scout Partner of Sequoia Capital, Venture Partner of BITKRAFT VC, an alumnus of Harvard Business School, a former semi-pro alpine skier, and based in Berlin & Los Angeles.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 80
  • Round size: Seed $700k–$8.7M; Pre-Seed $497k–$11M; Series A $1.1M–$100M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cloover — Cloover provides a flexible financing solution that allows you to rent renewable technologies and make savings from day 1, completely risk and worry free!
  • Weflow — All-in-one workspace to manage your Salesforce pipeline, notes & to-dos. Designed for sales teams who like to move with speed.
  • Visual Layer — Visual Layer is a Tel Aviv based startup providing visual data management platform that scales to billion images and videos.
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Hampus Jakobsson
Angel · Malmö, Skane Lan, Sweden · 3 investments in Sweden Sustainability startups

Hampus Jakobsson is a General Partner at early stage climate tech venture fund Pale Blue Dot.Prior to co-founding Pale Blue Dot, Hampus was a Venture Partner at science fund Blue Yard and a prolific angel investor with >100 angel investments. He co-founded of The Astonishing Tribe (acquired by Blackberry in 2010 for $150m). He left Blackberry2012 to found Brisk.io a sales productivity tool which folded 2016.

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Investment focus

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

Investor stats

  • Total investments: 45
  • Round size: Seed $310k–$5.5M; Angel $96k–$1.2M; Series A $2.3M–$30M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • ClimateView — ClimateView is a Swedish climate action technology company that helps cities transform climate planning into progress. We combine data, agent-based modelling and interface design to help cities successfully manage the transition to zero carbon economies.
  • Mojo — Clinical-grade, AI-powered sperm analysis from the comfort of home. Test your sperm count, motility, morphology and much more with the Mojo kit. Check your fertility from home at low cost - without the need for clinic visits and awkward waiting rooms.
  • Volta Greentech — Discover innovative solutions to reduce agricultural emissions with Volta Greentech's science-driven feed additives, promoting sustainable farming and planetary health.
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Rikard Steiber
Angel · Atherton, California, United States · 3 investments in Sweden Sustainability startups

I am an entrepreneurial and experienced CEO. I have successfully built, launched, and grown multiple new global businesses at companies such as Google (Internet), Modern Times Group (media), and HTC VIVE (VR). Proven ability to successfully create and communicate corporate visions and strategies, hire and motivate top talent, and lead global sales,marketing, and product teams.Board member of companies such as Cision (software), Scandic Hotels (hotels), and Raymond (solar). Trusted advisor to large firms such as Ericsson and EQT, and cutting-edge startups like Einride (electric trucks), Jetson (flying cars), and Elonroad (electric roads).World class keynote speaker at international conferences such as MWC, GDC, IBC, CES, and invited speaker at Harvard, Stanford, and MIT. I am a future astronaut with Virgin Galactic, and the founder of WIT Global Women In Tech network and events.

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Investment focus

  • Industry: Software, Virtual Reality, Artificial Intelligence
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Sweden, United States, Czech Republic

Investor stats

  • Total investments: 19
  • Round size: Seed $150k–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Incredible — Talk to your apps and automate tasks
  • Flox Intelligence — FLOX is bringing cutting-edge technology and Generative AI to wildlife management, addressing the challenges of human-wildlife coexistence across diverse landscapes.By streamlining and simplifying wildlife management workflows, we empower organizations to keep wild animals away from areas where they pose risks, such as airports, railways, roads,public spaces, agriculture, young forests, and other shared environments. Our autonomous solutions, grounded in advanced wildlife science and powered by Generative AI, ensure safety and efficiency, allowing our clients to focus on their core activities.With FLOX, you can achieve safer, more productive environments, ensuring harmonious coexistence between humans and wildlife.
  • Jetson Aero — Your personal aircraft in aluminium and carbon fibre, powered with eight powerful electric motors.
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Filip Larsson
Angel · Malmö, Skane Lan, Sweden · 3 investments in Sweden Sustainability startups

Filip Larsson is the CEO and Owner at Laris Fastigheter.

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Investment focus

  • Industry: Mobile Apps, Software, Health Care
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Sweden

Investor stats

  • Total investments: 9
  • Round size: Seed $1M–$2M; Pre-Seed $193k–$800k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • LivingFilters — We develop AI-designed proteins ("binders") that act as biosensors and filters to capture specific molecules, substances or pathogens in liquids.
  • Brick Technology — Brick is a global powerbank sharing network. Rent a charger in seconds, return it at any station, or host a station at your venue and we handle the rest.
  • Katam Technologies — Katam Technologies helps forestry companies all over the world optimize operations through digitalization, solid data, and planning. With the aid of digitalization, reliable data, and careful planning, Katam assists forestry companies all over the world in maximizing operations. Small businesses and private forest owners can use the Katam app orKatam portal as standalone products to obtain quick and precise measurements.
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Headline
VC Fund · San Francisco, California, United States · 3 investments in Sweden Sustainability 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: 581
  • Round size: Seed $1.1M–$10M; Series A $4.3M–$30M; Series B $7.4M–$78M
  • 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.
  • Primo — A birdseye view of your IT.
  • Heidi Health — Heidi Health is a healthtech company that develops an AI medical scribe platform that automates clinical documentation and related tasks.
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Visive Capital
VC Fund · 3 investments in Sweden Sustainability startups

Visive Capital is a venture capital investment firm.

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Investment focus

  • Industry: Environmental Engineering, Finance, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Earthbanc — The world's most advanced data driven carbon and finance marketplace. Venture backed by the European Space Agency incubator.
  • Measure & Change — Measure & Change has developed an automatic climate calculation service that collects data from the customer's business system, analyzes it, and calculates the organization's climate impact in real time.
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Norrsken Launcher
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

Norrsken Launcher partners with researchers and scientists to scale transformative innovations for a sustainable future.' Launcher provides access to impact capital, top-tier recruitment, and scalable growth infrastructure.

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Investment focus

  • Industry: AgTech, CleanTech, Clean Energy
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 8
  • Round size: Seed $1.5M–$12M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Blykalla — Blykalla is developing and building small modular reactors to deliver the next generation of clean energy. We take leading research to industrialization through our Swedish Advanced Lead Reactor (SEALER).
  • Renasens AB — Waterless textile recycling that keeps fiber quality intact. Transform textile waste into clean, recycled fibers at scale with our proprietary process.
  • Eyedentity — Eyedentity is developing AI technology designed to detect serious eye diseases from fundus images already captured during routine eye examinations.
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Wave Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Sweden Sustainability startups

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.

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Investment focus

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

Investor stats

  • Total investments: 40
  • Round size: Seed $329k–$2.1M; Pre-Seed $183k–$4M; Venture - Series Unknown $675k–$1M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: Likely actively investing — fresh fund, raised $12M in 2026

Portfolio highlights

  • CYBRET AI — The New Era of Autonomous Cybersecurity
  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Solace Care — Legacy planning and guided loss support in one digital platform, offered through insurers and employers across the Nordics and the Netherlands.
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Orkla Ventures
VC Fund · 3 investments in Sweden Sustainability startups

Orkla Ventures promotes innovation and creativity opening up the possibility of investing directly in start-up companies. It focuses primarily on technology, concepts, and business models that might be relevant for Orkla’s businesses. The firm was established in 2017 to reach out to a growing universe of entrepreneurial businesses and startupcompanies engaged in innovation outside established companies.

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Investment focus

  • Industry: Software, B2B, Apps
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Norway, Sweden, United Kingdom

Investor stats

  • Total investments: 12
  • Round size: Seed $200k–$4.5M; Venture - Series Unknown $4M–$20M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Cerve — Cerve helps food and beverage companies turn fragmented data into reliable insights and agentic automations.
  • Knodd — With Knodd you get to meet experienced child nurses free of charge .
  • Healthily — The path to perfect health starts with self-care and Healthily is here to guide you step by step.
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Altor
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

Entrepreneurs at heart. Engaged in partnerships built on curiosity, creativity and achieving a lasting impact.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Energy
  • Stage:Private Equity, Post-IPO Equity, Venture - Series Unknown
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 62
  • Round size: Private Equity $326M–$1.9B; Post-IPO Equity $9M–$39M; Venture - Series Unknown $5.3M–$174M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2019

Portfolio highlights

  • Aira — Aira operates as a clean energy-tech company.
  • CCM Hockey — Shop all the latest hockey equipment from skates, sticks, protective, goalie, apparel and much more! Latest Innovation & Tech in hockey. 30 day free & easy returns. 30 day satisfaction guarantee on all skates. All out. All the time.
  • Stegra — H2 Green Steel will be a fully integrated, digitalized and automated greenfield steel plant. By bringing together raw materials, renewable energy, local expertise, and artificial intelligence, we aim to bring emissions down to zero.
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GU Ventures
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 3 investments in Sweden Sustainability startups

GU Ventures build businesses out of groundbreaking ideas that help shape a better tomorrow. Our passionate team of company builders, financial experts, IP and legal talent ensure success for our companies.

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Investment focus

  • Industry: Pharmaceutical, Medical, Recycling
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Sweden, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $658k–$3.4M; Series A $2.3M–$73M; Venture - Series Unknown $794k–$1.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Mimbly — Mimbly creates sustainable water solution with a focus on water usage and micro-plastics. Our product The mimbox, recycles up to 70% of the water from washing machines while capturing the micro plastics released.
  • NSS Water — NSS Water specializes in innovative water purification technology for high-tech sectors such as semiconductors.
  • Thioredoxin Systems — Thioredoxin Systems AB is developing an innovative antibiotic regimen for complicated urinary tract infections caused by antibiotic-resistant bacteria. The
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Vinnova
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

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.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Grant, Seed
  • Geography: Sweden, United States, Canada

Investor stats

  • Total investments: 94
  • Round size: Seed $30k–$831k; Grant $28k–$597k
  • Lead/follow: 66% lead, 34% follow

Portfolio highlights

  • Ynvisible Interactive — Ynvisible offers a printed e-paper display technology which is a more cost-effective e-paper solution than other options on the market. Our services range from R&D projects and prototyping, to contract manufacturing of printed electronics devices.
  • Proteinish — Proteinish creates textured plant protein solutions to improve the quality and scalability of alternative protein products.
  • Rivus Batteries — Rivus is a start-up that serves as the commercialization platform for the aqueous organic flow battery technology.
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Brightly Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Sweden, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $1.3M–$4.5M; Series A $4M–$16M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Evam — Mission-Critical Mobile Data Solutions: Transforming What First Responders Can DoEvam is a Leading Global Supplier of Mission Critical Mobile Data Solutions Software for Police, Ambulance, Fire & Rescue, and other Public Safety Organizations. Used by 100+ regions and municipalities. Handles hundreds of thousands of life-threatening incidentson a yearly basis.The collection of apps is carefully selected to give blue-light agencies the services that they need including Mobilisation, Mapping, Navigation, Case Management, Situational Awareness and more.
  • Hooked Foods — Hooked Foods is working on a plant-based tuna substitute. By serving delicious plant-based seafood for everyone to enjoy, the company is leading the transition to a healthier seafood ecosystem. The company was established in 2019 and is headquartered in Sweden.
  • 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.
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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

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.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 74
  • Round size: Seed $907k–$5.8M; Series A $1.7M–$11M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $94M in 2022

Portfolio highlights

  • Velatir — Velatir helps you stay in control of AI decisions. With real-time monitoring, AI risk scoring, we make responsible, transparent AI easy.
  • Incredible — Talk to your apps and automate tasks
  • Solace Care — Legacy planning and guided loss support in one digital platform, offered through insurers and employers across the Nordics and the Netherlands.
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Southbay ventures
VC Fund · 3 investments in Sweden Sustainability startups

Southbay Evergreen is a investment firm.

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Investment focus

  • Industry: Sustainability, Cycling, Construction
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RECOMA — RECOMA is a provider of economical and sustainable construction materials. By providing building materials that don't increase greenhouse gas emissions in the construction industry, it promotes sustainable construction.
  • Ekolution — Ekolution is a Sustainability & Cycling company.Ekolution AB offers durable, climate-smart prefabricated panels of the natural material hemp lime (hempcrete). Our building materials are not only carbon neutral, but actually carbon dioxide negative (there is more CO2 bound in the hemp than is emitted.
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SamInvest Mitt
VC Fund · Härnösand, Vasternorrlands Lan, Sweden · 3 investments in Sweden Sustainability startups

Saminvest is a venture capital company that was formed by the Swedish government in 2016. Saminvest actively works to establish new and sustainable venture capital funds and angel investor programmes that expand the venture capital market in Sweden. Through Saminvest's indirect investments and work with investment funds, innovative and fast-growing companies can gain access to more capital and expert advice.

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Investment focus

  • Industry: Software, Manufacturing, Hardware
  • Stage:Seed, Venture - Series Unknown
  • Geography: Sweden

Investor stats

  • Total investments: 12
  • Round size: Seed $318k–$2M; Venture - Series Unknown $300k–$621k
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — raised $3.1M in 2013

Portfolio highlights

  • Learnster — Learnster develops the LMS of tomorrow for growing organizations aspiring to achieve maximum learning in minimum time.
  • Brick Technology — Brick is a global powerbank sharing network. Rent a charger in seconds, return it at any station, or host a station at your venue and we handle the rest.
  • Freya Industries — Freya Industries builds the intelligence layer for physical security: connected sensors and the platform that turns what they capture into actionable insights
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Northzone
VC Fund · London, England, United Kingdom · 3 investments in Sweden Sustainability startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: United States, Sweden, United Kingdom

Investor stats

  • Total investments: 368
  • Round size: Seed $2.5M–$23M; Series A $4.5M–$30M; Series B $7.4M–$100M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.1B in 2022

Portfolio highlights

  • Rayon — Built for Speed. Designed for Teams.
  • SolveAI —
  • Tandem Health — Focus on providing care, while Tandem helps you easily write medical notes directly after the patient consultation.
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SEB Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Sweden Sustainability startups

SEB Venture Capital is a Fintech investor that helps entrepreneurs and innovators launch and grow profitable businesses. They primarily serve as a strategic corporate venture focused on Fintech investments, with the option of partnering with SEB. They are also on the hunt for game-changing inventive solutions to new technologies that will make thefinancial industry smarter, safer, and more environmentally responsible, as well as more user-friendly. They also function as an evergreen fund, giving them the flexibility and staying strength to focus on long-term wealth development depending on what is best for the firm and its shareholders.

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Series A, Series B
  • Geography: Sweden, Denmark, United Kingdom

Investor stats

  • Total investments: 77
  • Round size: Series A $1.2M–$7.4M; Series B $2.2M–$23M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $300M in 1995

Portfolio highlights

  • Apica — Apica provides the most effective technology for optimizing the performance of cloud and mobile applications. The Apica WebExcellence Suite offers companies and developers alike easy-to-use, cloud-based load testing and web performance monitoring tools to test applications for maximum capacity, daily performance, improved load times, and protectionfrom peak load.
  • MobileTag — Mobile Tag, the European leader in mobile barcode solutions, continues to innovate with the launch of its latest application: mobiletag Universal Reader and shopping.Mobile Tag is behind the creation of the flashcode, the standard 2D barcode used by operators in France. This type of Datamatrix barcode is used by the biggest companies indisplay, transportation, distribution, the pharmaceutical industry, and more.Mobile Tag has always tried to develop new technology from the consumer's point of view, and the mobiletag Universal Reader & shopping is no exception.The concept behind this application is to send, receive and share information and best prices to everyone and for everyone through all standardized barcodes.Scanning a barcode with your mobile phone is simply taking a picture of it with your phone, using the mobiletag application. Mobile tag is free!
  • CorPower Ocean — CorPower Ocean AB was founded in 2009 to develop high efficiency Wave Energy Converters (WECs).CorPower's Wave Energy Converters deliver five times higher annual energy output per ton of device compared to previously known wave power solutions. The step-change improvement in performance and efficiency allows a Cost-of-Energy that cancompete with offshore wind. The products are currently in pilot with Iberdrola. CorPower has assembled a team with extensive experience in energy generation, design and manufacturing of production equipment, system engineering as well as the market expertise to allow us to continue transforming the technology of tomorrow into renewable energy applications of today.
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Partnerinvest Norr
VC Fund · Piteå, Norrbottens Lan, Sweden · 3 investments in Sweden Sustainability startups

Partnerinvest Norr is a private equity firm specialized in software, security, and biometrics sectors. Partnerinvest Övre Norrland AB is a venture capital firms that seeks to invest in limited companies which have are in the expansion phase.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Seed $554k–$2M; Venture - Series Unknown $359k–$4M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $32M in 2009

Portfolio highlights

  • Cold River Games — Crystalfall is an upcoming free online action RPG with customizable skills and an endless endgame, set in a steampunk world.
  • Original Creation — Original Creation envisions a sustainable future in which capital is focused on long-term benefits for both people and the environment, and resources are properly managed through circular systems."
  • Remos Space Systems — Remos Space Systems simplifies satellite ground operations.
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Sustainability Investor funding in Sweden at a glance

Stats across 602 deals from 705 investors.

705
investors
in Sweden Sustainability startups
602
deals
in Sweden Sustainability startups
$2M
median round
in Sweden Sustainability startups
38%
lead investors
lead at least one round
19%
Seed
most common funding stage
79/21
VC / Angel
share of investor count

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