Major VC Funds with Swedish Presence
  • EQT Ventures
    HQ/Domicile: Luxembourg | Strong presence in Stockholm
    Stage: Seed–Series C+
    Focus: FinTech, SaaS, AI, Gaming, Biotech
    Portfolio: Wolt, Einride, Small Giant Games, Instabox
    https://eqtgroup.com/

  • Northzone
    HQ: London | Offices: Stockholm, New York, Berlin, Amsterdam, Oslo

    Stage: Early to Growth (Seed–B+)

    Focus: Consumer tech, SaaS, FinTech, AI

    Portfolio: Spotify, Klarna, Trustpilot, Kahoot!, Personio, TrueLayer.

    https://northzone.com
  • Creandum
    HQ: Stockholm | Offices: Berlin, London, San Francisco

    Stage: Early-stage (Seed–A, with follow-on up to B)

    Focus: SaaS, FinTech, Consumer, Web3, Climate

    Portfolio: Spotify, iZettle, Klarna, Trade Republic, Depop

    https://creandum.com/

  • Almi Invest (State)
    HQ: Stockholm | Regional offices: 8 across Sweden
    Stage: Pre-Seed & Seed
    Focus: Tech, Life Sciences, Cleantech (Sweden-only), co-invests with other VCs
    Portfolio: Neo4j, Tobii, MIPS
    https://almi.se
  • Industrifonden
    HQ: Stockholm | Offices: Gothenburg & Uppsala
    Stage: Seed & Series A
    Focus: Deep Tech, Life Sciences, and transformative B2B tech
    Portfolio: Oatly, Qlik, Calliditas, Soundtrack Your Brand
    https://industrifonden.com
  • Norrsken VC
    HQ: Stockholm

    Stage: Seed & Series A

    Focus: Impact Tech aligned with UN SDGs — climate, health, equality.

    Portfolio: Northvolt, Einride, Olio, Aira

    https://norrsken.vc

  • Luminar Ventures
    HQ: Stockholm

    Stage: Pre-Seed & Seed

    Focus: SaaS, FinTech, AI, digital-first services

    Portfolio: Mindler, Insurely, Movesta

    https://luminarventures.com

  • Spintop Ventures
    HQ: Stockholm | Nordic presence

    Stage: Seed & Early Stage
    Focus: B2B SaaS, digital platforms, and software innovations
    Portfolio: Worldfavor, Defentry, Apica
    https://spintopventures.com
  • Brightly Ventures
    HQ: Stockholm
    Stage: Seed to Series B
    Focus: FinTech, Gaming, AI, and Health
    Portfolio: Worldfavor, Zevoy, Carasent
    https://brightlyventures.com
  • J12 Ventures
    HQ: Stockholm | Offices: London & Paris
    Stage: Pre-Seed & Seed
    Focus: Data/AI-driven B2B SaaS, Marketplaces, Climate Tech
    Portfolio: Validio, Inex One
    https://j12ventures.com
  • Bonnier Ventures
    HQ: Stockholm
    Stage: Pre-seed to late
    Focus: Consumer & media tech, digital services, fintech
    Portfolio: Acast, Natural Cycles, Doktor.se
    https://bonniercapital.se
  • Alfvén & Didrikson
    HQ: Stockholm
    Stage: Late Seed & Series A
    Focus: Northern European SaaS and fintech scale-ups, long-term active ownership
    Portfolio: Trustly, Mentimeter, Quinyx
    https://alfvendidrikson.com
  • Verdane
    HQ: Oslo | Major office in Stockholm
    Stage: Growth (Series B+)
    Focus: Sustainability, software, e-commerce
    Portfolio: Tibber, Boozt, Kahoot!
    https://verdane.com
  • Monterro
    HQ: Stockholm
    Stage: Growth (Series A/B onwards)
    Focus: Enterprise B2B software, with emphasis on Northern Europe.
    Portfolio: Matilda FoodTech, Pythagoras, Hypergene
    https://monterro.com
  • Standout Capital
    HQ: Stockholm
    Stage: Growth (Series B / expansion capital)
    Focus: Enterprise SaaS & digital businesses in Nordics and Baltics.
    Portfolio: Kundo, Papirfly
    https://standoutcapital.com
  • NFT Ventures
    HQ: Stockholm
    Stage: Seed & Series A
    Focus: FinTech — payments, open banking, and loyalty.
    Portfolio: Tink, Wrapp
    https://nftventures.com
  • Inbox Capital
    HQ: Stockholm
    Stage: Growth
    Focus: SaaS, FinTech, MedTech, Gaming & e-sports.
    Portfolio: VOI, Truecaller, Revolut
    https://inboxcap.com
  • BackingMinds
    HQ: Stockholm
    Stage: Pre-Seed & Seed
    Focus: Underrepresented founders & overlooked markets.
    Portfolio: Transfer Galaxy, TrusTrace, CemVision
    https://backingminds.com
Additional Specialized VC Funds in Sweden
  • Pale Blue Dot
    Malmö
    Focus: Exclusively invests in ClimateTech startups addressing climate change, across food, energy, mobility, and carbon removal.
    Portfolio: Climate X, Normative, Alva Labs
    https://paleblue.vc

  • Voima Ventures
    Helsinki & Stockholm

    Focus: Deep Tech & science-based VC active across Nordics and Baltics.

    Portfolio: Solar Foods, ICEYE, Dispelix

    https://voimaventures.com
  • Wellstreet
    Stockholm (Sollentuna)

    Focus: SaaS, FinTech, and e-commerce. Runs the Wellstreet Launchpad accelerator.

    Portfolio: Tibber, DanAds, Regily

    https://wellstreet.se

  • Navigare Ventures
    Stockholm
    Focus: Early to growth-stage investor with global outlook. Backs scale-ups in AI, digital health, SaaS.
    Portfolio: Notion, Sana Labs, Doctor.se
    https://navigareventures.com
  • eEquity
    Stockholm
    Focus: Growth equity for consumer internet and e-commerce brands.
    Portfolio: NA-KD, Aim’n, KidsBrandStore
    https://eequity.se
  • HealthCap
    Stockholm
    Focus: Life sciences specialist, one of Europe’s most experienced biotech VCs.
    Portfolio: Oncopeptides, Calliditas, Wilson Therapeutics
    https://healthcap.eu
  • Curitas Ventures
    Stockholm
    Focus on impact and tech-driven early-stage startups in Sweden, with attention to digital health and sustainability.
    https://curitasventures.com
  • Novax
    Stockholm (Axel Johnson Group)
    Focus: Growth investor in healthcare, food, and education.
    Portfolio: Apohem, Filippa K, KRY
    https://novax.se
  • Chalmers Ventures
    Gothenburg
    Focus: Venture builder + fund affiliated with Chalmers University. Invests in university spinouts and deep tech, greentech, and healthtech startups.
    Portfolio: IPercept, Navari, Adsorbi
    https://chalmersventures.com
  • Butterfly Ventures
    Helsinki, Stockholm & Oulu
    Focus: One of the Nordics’ most active pre-seed investors. Focus on deep tech, AI, hardware, life sciences.
    Portfolio: Cambri, Injeq, Disior
    https://butterfly.vc