7 Best Venture Capital (VC) Firms In Stockholm

featured post

Known for its innovation and dynamic startup scene, Stockholm is a great place for entrepreneurs seeking growth. If you’re looking for funding and support to take your startup to the next level, you’re in the right spot. In this article, we will introduce you to the leading VC firms in Stockholm, celebrated for their commitment to nurturing new businesses.

Bonnier Capital (CVC)

Founded in 2016, Bonnier Capital is the corporate venture capital arm of Bonnier Group, headquartered in Stockholm, Sweden​​​. The firm primarily invests in digital and technology sectors​​. It targets companies in industries demonstrating structural growth, aligning with the Bonnier Group’s core values, and where Bonnier can significantly contribute​.

Headquarters: Sweden

Investment Geography: Sweden, USA, UK, Finland, Germany

Operating since: 2016

Stages: Series A, Series B, Series C

Investment Focus: Digital Media, MediaTech, HealthTech/Digital Health, GreenTech, EdTech, FinTech, AudioTech, SaaS/Software

Number of investments: 78

Number of exits: 19

Check size: $500k – $5m

Notable investments: Infarm, Juni

Founders/Key People: Jonas Hedenberg, Sofia Hasselberg

Website: https://bonnierventures.com 

Creandum

Creandum, founded in 2003, is a Stockholm-based venture capital advisory firm specializing in early-stage investments. The firm primarily focuses on technology and disruptive technology across various sectors, including consumer, telecommunication, materials, semiconductors, wireless access, digital media, enterprise, and hardware companies. Creandum has a broad geographic presence with locations in Stockholm, San Francisco, and Berlin. 

Headquarters: Sweden

Investment Geography: Sweden, USA, Germany, UK, Austria, Norway, Finland, Denmark, France, Hungary, Estonia, Chile, Spain, South Korea, Czech Republic, Netherlands

Operating since: 2003

Stages: Seed, Series A, Series B

Investment Focus: Enterprise Software,Enterprise Infrastructure,Data Analytics, DevTools, FinTech, InsurTech,FoodTech,Mobility, Logistics,HRTech,HealthTech,Digital Health, Fitness, eSports, Gaming,TravelTech,RetailTech,E-commerce,EdTech,VR,Digital Media, Music, Blockchain, Crypto, IoT, Marketplaces,Semiconductors

Number of investments: 265

Number of exits: 65

Check size: $200k – $8m

Notable investments: Neo4j, Spotify

Founders/Key People: Beata Klein, Daniel Blomquist

Website: https://www.creandum.com 

EQT Ventures

EQT Ventures, a venture capital firm based in Stockholm, Sweden, is part of the larger EQT AB Group. Founded in 2015, the firm focuses on seed-stage, early-stage, and later-stage investments, primarily in the IT and SaaS sectors. EQT Ventures operates across Europe and the United States and has raised over €2.3 billion in total capital. Its first fund, EQT Ventures I, was launched in May 2016 with commitments totaling €566 million. The firm has been involved in multiple investments across various sectors and has established a significant presence in the VC landscape. EQT Ventures makes equity investments ranging from €100k to €75 million in startups and scale-ups across Europe and the U.S.

Headquarters: Sweden

Investment Geography: Sweden, UK, USA, Germany, Netherlands, France, Norway, Canada, Finland, Switzerland, Ireland, Portugal, Denmark, Cyprus, Estonia

Operating since: 2015

Stages: Seed,Series A,Series B,Series C

Investment Focus: Enterprise Software, MarTech, Sports, Transportation, Automotive, Autonomous Electric Vehicles, Aerospace, Fitness, Wearables, RetailTech, Delivery, FinTech, InsurTech, Gaming,Mobile,Mobility,Robotics,Digital Media, AdTech, HRTech, DevTools, HealthTech, Digital Health,Construction, CyberSecurity, Marketplaces, Hardware, PropTech, Manufacturing, FoodTech,Supply Chain,TravelTech,Data Analytics,AI,AR,VR

Number of investments: 190

Number of exits: 25

Check size: €100k to €75m

Notable investments: Einride, Wolt

Founders/Key People: Tomas Pivarci

Website: https://eqtventures.com 

Industrifonden Ventures

Industrifonden Ventures is an independent venture capital fund based in Sweden, focused on nurturing Nordic breakthrough innovations. Established by the Swedish government in 1979 as an independent foundation, Industrifonden has evolved into a prominent player in the venture capital landscape, especially within the realms of deep tech, life science, and transformative business. The fund operates with an evergreen structure, which allows it to prioritize long-term value creation over short-term gains, reflecting its commitment to sustainable investment practices.

Headquarters: Sweden.

Investment Geography: Sweden, United States, Denmark, Norway, Finland, United Kingdom, Switzerland, Iceland, Türkiye, Netherlands.

Operating since: 1979

Investment Focus: Enterprise Software, Industry 4.0 (Automation, Robotics, Industrial IoT), DeepTech (AI, Blockchain, New Materials & Processes), Life Sciences (Therapeutics, Medical Devices, Digital Health)

Stages: Post-Seed, Series A, Series B

Number of investments: 386

Number of exits: 66

Check size: SEK10M – SEK50M

Notable investments: Oatly, Mycronic

Founders/Key People: Peter Wolpert

Website: https://industrifonden.com/

Luminar Ventures

Luminar Ventures is a Nordic venture capital fund specializing in early-stage investments in technology companies. Founded in 2017 and based in Stockholm, Sweden, it targets sectors such as information technology and healthtech. Luminar Ventures was founded by successful angel investors Magnus Bergman and Jacob Key, along with Sting, Sweden’s leading startup platform. The team at Luminar Ventures consists of former founders and angel investors, who use their experiences and networks to support founders in transitioning from early vision to hypergrowth​​​​​​​​​​.

Headquarters: Sweden

Investment Geography: Sweden, USA, Norway, Denmark, Iceland.

Operating since: 2017

Investment Focus: B2B/Enterprise, SaaS/Software, AI/ML, Big Data Analytics, AR/VR, FinTech/InsurTech, Digital Health,Cyber Security, Sustainability/ClimateTech, Consumer Internet,Gaming

Stages: Pre-seed, Seed, Series A, Series B, Series C.

Number of investments: 62

Number of exits: 3

Check size: $500K – $5M

Notable investments: Insurely, Carla.

Founders/Key People: Jacob Key, Magnus Bergman.

Website: https://www.luminarventures.com

Rite Ventures

Rite Ventures is a private venture capital fund based in Stockholm, Sweden, focused on investing in Swedish and Finnish companies. Established in 2007, the firm targets IT services, SaaS, and e-commerce sectors. Rite Ventures is an active investor aiming to transform growth-stage companies into midmarket leaders. Their approach involves a hands-on investment strategy, leveraging a well-proven value creation process and maintaining a consistent sector focus. They express a particular interest in e-commerce, software, IT infrastructure, and digital brands, emphasizing the creation of sustainable competitive advantages under financial constraints.

Headquarters: Sweden (Stockholm)

Investment Geography: Sweden and Finland

Operating since: 2007

Investment Focus: E-commerce centered Retail, Software/SaaS & IT Infrastructure, Digital Consumer Brands

Stages: Seed, Series A, Series B

Number of investments: 48

Number of exits: 31

Check size: $500k – $2m, $2m – $5m

Notable investments: Digia, Paradox Interactive, Verkkokauppa.com

Founders/Key People: Christoffer Häggblom, Josephine Salenstedt

Website: http://www.riteventures.com/ 

Spintop Ventures

Spintop Ventures is a venture capital firm based in Stockholm, Sweden, established in 2010. It primarily focuses on early-stage investments in technology startups, especially those operating in the Nordic region’s software, e-commerce, and SaaS sectors. The firm is known for making minority investments in seed-stage, early-stage, and later-stage companies. It aims to support innovative technology companies from the Nordics to become sector leaders and drive transformation towards a long-term sustainable society. 

Headquarters: Sweden

Investment Geography: Sweden, Finland, Norway, Denmark, United States, Australia

Operating since: 2009

Investment Focus: ICT, Digital Media, Software, E-commerce.

Stage: Pre-Seed, Seed, Series A, Series B.

Number of investments: 69

Number of exits: 10

Check size: $1M – $10M

Notable investments: Small Giant Games, Oneflow

Founders/Key People: Erik Wenngren

Website: https://spintopventures.com/

Conclusion:

Selecting the right VC firm in Stockholm can significantly impact the success of your startup. The VC firms we’ve discussed are among the best, known for their strategic investments and strong support networks. Take the time to evaluate which firm aligns best with your business objectives and culture. Partnering with the right firm will not only provide you with capital but also the guidance necessary to navigate Stockholm’s thriving business ecosystem.

A weekly dose of insights to grow your SaaS.

Newest Articles of VC & Fundraising

1
12 Best VC Firms in Amsterdam
12 Best VC Firms in Amsterdam
2
22 Best Venture Capital (VC) Firms in Chicago
22 Best Venture Capital (VC) Firms in Chicago
3
9 Best VC Firms in Santa Monica
9 Best VC Firms in Santa Monica
4
7 Best VC Firms in Austin, Texas
7 Best VC Firms in Austin, Texas
5
12 Best VC Firms in San Mateo
12 Best VC Firms in San Mateo

React Squad

Hire reliable React Developers without breaking the bank

  • zero-risk replacement guarantee
  • flexible monthly payments
  • 7-day free trial