Top 23 Venture Capital Firms in Sweden in 2024

The startup community has been growing in Sweden in recent years.

This has come along with an increase in the amount of money flowing from VCs into startups.

In this article, you can find a hand-picked list of venture capital firms in Sweden.

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24 Venture Capital Firms in Sweden

1) Global Founders Capital

Global Founders Capital is an international early-stage investor backing founders from day 0 to IPO.

Details of the VC firm:

• Country: USA, Canada, United Kingdom, Germany, France, Sweden, Italy, Turkey, Israel, United Arab Emirates, Singapore, Indonesia, China, Brazil, Mexico
• City: San Francisco, New York, Los Angeles, Toronto, London, Berlin, Munich, Paris, Stockholm, Milan, Istanbul, Tel Aviv-Yafo, Singapore, Dubai, Jakarta, Beijing, Mexico City, São Paulo
• Started in: 2013
• Founders: Oliver Samwer
• Industries: Consumer, SaaS, Enterprise, Internet & Mobile, IoT, E-Commerce, Productivity, Supply Chain & Logistics, InsurTech
• Stages: Seed, Early Stage, Pre-Seed
• Minimum check size: $1,000,000
• Number of investments: 868
• Number of exits: 59
• Funds raised: $1,600,000,000
• 3 remarkable investments: Meta, Rocket Internet, LinkedIn

You can find their website here.

You can send them an email at contact@globalfounderscapital.com.

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2) Enterprise Ireland

Enterprise Ireland is a government organisation that provides investment support and opportunities for founders looking to build their businesses in Ireland.

Details of the VC firm:

• Country: Ireland, Germany, Hungary, Denmark, France, Netherlands, Italy, Sweden, Spain, Czechia, United Kingdom, Belgium, Poland, Brazil, USA, Canada, United Arab Emirates, Australia, China, Japan, Singapore, Vietnam, India, South Korea, Saudi Arabia, Nigeria, South Africa, Kenya
• City: Dublin, Düsseldorf, Budapest, Paris, Amsterdam, Milan, Stockholm, Madrid, Prague, London, Brussels, Warsaw, São Paulo, Austin, Toronto, New York, Dubai, Sydney, Hong Kong, Tokyo, Singapore, Ho Chi Minh City, Beijing, Mumbai, Seoul, Riyadh, Lagos, Johannesburg, Nairobi, Shannon, København
• Started in: 1998
• Industries: Life Sciences, Industrial
• Stages: Pre-Seed, Seed, Series A, Series B, Series C
• Maximum check size: €50,000
• Number of investments: 686
• Number of exits: 78
• Funds raised: €216,100,000
• 3 remarkable investments: Profitero, Immersive VR Education, Invinity Energy Systems PLC

You can find their website here.

You can send them an email at equitydept@enterprise-ireland.com.

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3) Verdane

Verdane is a late-stage capital providing growth capital to tech and sustainability companies in Europe.

Details of the VC firm:

• Country: Germany, Finland, Norway, United Kingdom, Denmark, Sweden
• City: Berlin, Copenhagen, London, Stockholm, Helsinki, Asker
• Started in: 2003
• Founders: Bjarne Kveim Lie
• Industries: Consumer, E-Commerce, Marketplace, Climate & Sustainability, Enterprise, SaaS
• Stages: Late Stage
• Minimum check size: €8,000,000
• Maximum check size: €150,000,000
• Number of investments: 395
• Number of exits: 165
• Funds raised: €3,700,000,000
• 3 remarkable investments: Boozt, CAIA Cosmetics, CRF Health

You can find their website here.

You can send them an email at office@verdane.com.

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4) Alliance VC

Alliance Venture Capital invests in early-stage tech companies and purpose-driven founders with global ambitions.

Details of the VC firm:

• Country: Norway, Sweden, Finland
• City: Oslo, Stockholm, Helsinki
• Started in: 2013
• Founders: Stine Mølgaard Sørensen
• Industries: AI & ML, Fintech, Enterprise, SaaS, Consumer, Marketplace, Media, E-Commerce, Social, Health
• Stages: Pre-Seed, Seed
• Number of investments: 58
• Number of Exits: 15
• Funds raised: €145,396,087
• 3 remarkable investments: Megacool, Capnia, Tific

You can find their website here.

You can send them an email info@allianceventure.com.

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5) Antler

Antler is a venture capital firm providing early-stage investments and global residency programs to support founders worldwide.

Details of the VC firm:

• Country: Singapore, Germany, Netherlands, Denmark, Portugal, United Kingdom, Spain, Norway, France, Sweden, Australia, India, Vietnam, Indonesia, South Korea, Japan, USA, Canada, Kenya
• City: Berlin, Amsterdam, Copenhagen, Lisbon, London, Madrid, Oslo, Stockholm, Paris, Bangalore, Ho Chi Minh City, Jakarta, Seoul, Tokyo, Austin, Boulder, New York, São Paulo, Toronto, Nairobi, Sydney
• Started in: 2017
• Founders: Magnus Grimeland,Fridtjof Berge, Dilan Mizrakli Landgraff, Vegard Medbo, Jussi Salovaara
• Industries: AI & ML, Consumer, Crypto & Blockchain, Cybersecurity, E-Commerce, Fintech, SaaS, Gaming, Proptech & Real Estate, Internet & Mobile, Food & Beverage, Supply Chain & Logistics, Healthcare, Media
• Stages: Pre-Seed, Seed, Early Stage
• Number of investments: 365
• Number of exits: 3
• Funds raised: $82,200,000
• 3 remarkable investments: ChatFood, Baselime, Genuine Taste

You can find their website here.

You can send them an email at hello@antler.co.

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6) Northzone

Northzone is a UK-based tech investment firm with offices across Europe and US.

Details of the VC firm:

• Country: USA, United Kingdom, Sweden
• City: London, Stockholm, New York
• Started in: 1996
• Founders: Bjorn Stray
• Industries: Consumer, Crypto & Blockchain, Enterprise, Fintech, Gaming, Healthcare
• Stages: Early Stage, Seed, Series A, Series B
• Minimum check size: $1,000,000
• Maximum check size: $25,000,000
• Number of investments: 305
• Number of exits: 106
• Funds raised: $1,500,000,000
• 3 remarkable investments: Sunscreen, Pollen, Wagestream

You can find their website here.

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7) Industrifonden

Luminar Ventures is a Swedish venture capital primarily investing in Nordic tech companies at their seed stage.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 2017
• Founders: Jacob Key
• Industries: Life Sciences, Deep Tech & Hard Science, Biotech, Healthcare, Industrial, Energy, Enterprise
• Stages: Early Stage, Seed, Series A
• Minimum check size: $1,000,000
• Maximum check size: $5,000,000
• Number of investments: 268
• Number of exits: 131
• Funds raised: $6,900,000
• 3 remarkable investments: AnaCardio, Asgard Therapeutics, TrusTrace

You can find their website here.

You can send them an email at info@industrifonden.com.

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8) QED Investors

Based in Virginia, QED exclusively invests in fintech companies across the U.S., the U.K. and Latin America.

Details of the VC firm:

• Country: United Kingdom, USA, Austria, Canada, Sweden, China, Brazil, India, Mexico, Ireland, Chile, Argentina, Colombia, Netherlands
• City: Washington, Vienna, Vancouver, Shanghai, Seattle, São Paulo, Santa Monica, San Jose, San Francisco, San Diego, Rio de Janeiro, Quebec City, Pune, Overland Park, Oakland, New York, Mumbai, Montréal, Miami, Mexico City, Los Angeles, London, Houston, Dublin, Denver, Chicago, Buenos Aires, Boston, Bogotá, Bethesda, Bangalore, Austin, Atlanta, Mesa, Amsterdam, Alexandria, Alexandria, Porto Alegre
• Started in: 2008
• Founders: Caribou Honig, Frank Rotman, Nigel Morris
• Industries: Creator Economy, Crypto & Blockchain, Fintech, Education, Healthcare, InsurTech, Marketplace, Proptech & Real Estate, E-Commerce, Advertising, Human Resources
• Stages: Early Stage, Seed
• Minimum check size: $5,000,000
• Maximum check size: $15,000,000
• Number of investments: 260
• Number of exits: 33
• Funds raised: $4,800,000,000
• 3 remarkable investments: Shop Circle, Solfácil, Zubale

You can find their website here.

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9) Creandum

Creandum is a European VC firm backing tech founders in their early stages.

Details of the VC firm:

• Country: United Kingdom, USA, Germany, Sweden
• City: Stockholm, Berlin, London, San Francisco
• Started in: 2003
• Founders: Staffan Helgesson
• Industries: Creator Economy, Crypto & Blockchain, Climate & Sustainability
• Stages: Early Stage
• Number of investments: 234
• Number of exits: 59
• Funds raised: $500,000,000
• 3 remarkable investments: Tesseract, Laka, Distribusion

You can find their website here.

You can send them an email at info@creandum.com.

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10) Heartcore Capital

Heartcore is a consumer technology VC investing in European B2C and B2B2C companies.

Details of the VC firm:

• Country: Denmark, Germany, France, USA, Austria, Sweden, Spain, Hungary, Poland, United Arab Emirates
• City: Copenhagen, Berlin, Paris, Lisbon, Stockholm
• Started in: 2007
• Founders: Jimmy Fussing Nielsen, Christian Lindegaard Jepsen,
• Industries: Travel & Hospitality, Education, Entertainment, Food & Beverage, Health & Wellness, Productivity, Consumer, Gaming, InsurTech, Energy
• Stages: Early Stage, Seed, Pre-Seed, Series A
• Minimum check size: €300,000
• Maximum check size: €6,000,000
• Number of investments: 210
• Number of exits: 51
• 3 remarkable investments: Reddit, Insight, Werlabs

You can find their website here.

You can send them an email at contact@heartcore.com.

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11) Cherry Ventures

Cherry Ventures is a sector-agnostic early-stage venture capital backing European founders.

Details of the VC firm:

• Country: Germany, United Kingdom, Sweden
• City: Berlin, London, Stockholm
• Started in: 2012
• Founders: Filip Felician Dames
• Industries: Climate & Sustainability, Consumer, Fintech, Healthcare, Industrial, Mobility, SaaS
• Stages: Pre-Seed, Seed
• Minimum check size: €300,000
• Maximum check size: €3,000,000
• Number of investments: 165
• Number of exits: 14
• Funds raised: €695,000,000
• 3 remarkable investments: HeyJobs, Finimize, Quandoo

You can find their website here.

You can send them an email at deal@cherry.vc.

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12) EQT Ventures

EQT Ventures is a European venture capital company with funds investing exclusively in technology companies that have the potential to scale globally and become market leaders.

Details of the VC firm:

• Country: USA, France, Germany, United Kingdom, Sweden
• City: San Francisco, Paris, Berlin, London, Stockholm
• Started in: 2016
• Founders: Hjalmar Winbladh, Kees Koolen, Lars Jörnow
• Industries: Cybersecurity, Biotech, Social, Media, E-Commerce, AR & VR, AI & ML, Fintech, Gaming, Internet & Mobile, Developer Tools, Manufacturing, Automative, SaaS
• Stages: Late Stage, Early Stage
• Minimum check size: €2,000,000
• Maximum check size: €50,000,000
• Number of investments: 153
• Number of exits: 13
• Funds raised: €1,400,000,000
• 3 remarkable investments: Peltarion, Verto Analytics, Nectarine Health

You can find their website here.

You can send them an email at hello@eqtventures.com.

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13) NFT Ventures

Next Financial Technology Ventures is a Swedish VC firm that only invests in fintech companies.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 2014
• Founders: Pär Roosvall
• Industries: Crypto & Blockchain, Fintech, E-Commerce, InsurTech, Proptech & Real Estate
• Stages: Early Stage
• Number of investments: 73
• Number of exits: 19
• 3 remarkable investments: Yabie, Capcito, Roaring.io

You can find their website here.

You can send them an email at info@nftventures.com.

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14) Inbox Capital

Founded in Stockholm, Inbox Capital is an investment firm focusing on fintech, medtech, e-sports, B2B SaaS, and deep social networks industries.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 1985
• Founders: Martin Wattin
• Industries: Fintech, Healthcare, Sports, Social, Enterprise, SaaS
• Stages: Growth
• Number of investments: 72
• Number of exits: 11
• Funds raised: $32,000,000
• 3 remarkable investments: VOI, Revolut, Truecaller

You can find their website here.

You can send them an email at Jessica.ljungqvist@inboxcap.com.

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15) Inventure

Headquartered in Helsinki, Inventure is a Nordic and Baltics venture fund since 2005.

Details of the VC firm:

• Country: Finland, Sweden
• City: Helsinki, Stockholm
• Started in: 2005
• Founders: Kevin Lösch, Sami Lampinen, Timo Tirkkonen
• Industries: SaaS, Deep Tech & Hard Science, AI & ML, Healthcare, Education, Gaming, Devops, Cybersecurity, IoT, Consumer, InsurTech, Hardware, AR & VR, Food & Beverage, Enterprise, Marketplace, Big Data & Analytics, Manufacturing, Marketing, Automative, Telecommunications
• Stages: Seed, Series A
• Minimum check size: $100,000
• Maximum check size: $10,000,000
• Number of investments: 71
• Number of exits: 21
• Funds raised: $230,000,000
• 3 remarkable investments: Mojo, Coudescene, Wolt

You can find their website here.

You can send them an email at hello@inventure.vc.

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16) Spintop Ventures

Spintop Ventures is an early-stage tech VC firm backing Nordic founders building SaaS companies.

Details of the VC firm:

• Country: Sweden, Finland, United Kingdom
• City: Helsinki, London, Stockholm
• Started in: 2009
• Founders: Finn Persson
• Industries: SaaS, E-Commerce
• Stages: Early Stage
• Number of investments: 64
• Number of exits: 16
• Funds raised: $4,000,000
• 3 remarkable investments: Worldfavor, Defentry, Nomono

You can find their website here.

You can send them an email at finn.persson@spintopventures.com.

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17) Luminar Ventures

Luminar Ventures is a Nordic VC firm investing in pre-seed and seed companies.

Details of the VC firm:

• Country: Sweden, Norway, Germany, Vietnam
• City: Stockholm, Asker, Hanoi, Munich
• Started in: 2012
• Founders: Martin Henricson
• Industries: Human Resources, Fintech, Gaming, Enterprise, AI & ML, Automation, API, InsurTech
• Stages: Pre-Seed, Seed, Series A
• Number of investments: 58
• Number of exits: 4
• Funds raised: €132,700,000
• 3 remarkable investments: Muninn, Debricked, Health Integrator

You can find their website here.

You can send them an email at info@luminarventures.com.

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18) Icebreaker

Icebreaker Ventures is an early-stage venture capital firm investing in Estonia, Finland and Sweden.

Details of the VC firm:

• Country: Estonia, Finland, Sweden
• City: Helsinki, Tallinn, Stockholm
• Started in: 2016
• Founders: Lasse Lehtinen
• Industries: Cybersecurity, IoT, Travel & Hospitality, Advertising, AI & ML, Big Data & Analytics, Proptech & Real Estate, AR & VR, Automation, Developer Tools, Media, Entertainment, Automative, Energy, Human Resources, Legal, SaaS, Hardware, E-Commerce, Education
• Stages: Pre-Seed, Early Stage
• Minimum check size: €150,000
• Maximum check size: €800,000
• Number of investments: 54
• Funds raised: €126,000,000
• 3 remarkable investments: HoxHunt, Logmore, Flowhaven

You can find their website here.

You can send them an email at info@icebreaker.vc.

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19) Endeit Capital BV

Endeit Capital is a late-stage venture capital firm providing growth equity to European companies.

Details of the VC firm:

• Country: Sweden, Netherlands, Germany
• City: Hamburg, Stockholm, Amsterdam
• Started in: 2006
• Founders: Hubert Deitmers
• Industries: Internet & Mobile, AI & ML
• Stages: Growth
• Minimum check size: €5,000,000
• Maximum check size: €5,000,000
• Number of investments: 47
• Number of exits: 28
• Funds raised: €303,000,000
• 3 remarkable investments: Happeo. Roamler, Floryn

You can find their website here.

You can send them an email at info@endeit.se.

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20) Butterfly Ventures

Since 2012, Butterfly Ventures has been investing in Nordic entrepreneurs by providing seed-stage funds.

Details of the VC firm:

• Country: Finland, Sweden
• City: Helsinki, Oulu, Stockholm
• Started in: 2012
• Founders: Antti Kosunen, Juho Risku, Matti Kanninen
• Industries: Deep Tech & Hard Science, AI & ML, Healthcare, Biotech, SaaS
• Stages: Seed, Early Stage
• Minimum check size: €400,000
• Maximum check size: €3,000,000
• Number of investments: 42
• Number of exits: 7
• Funds raised: €30,000,000
• 3 remarkable investments: Cerenion, Daisy, Monidor

You can find their website here.

You can send them an email at juho@butterfly.vc.

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21) Monterro

Monterro is a late-stage software venture capital firm providing growth equity to expand Nordic companies into the global markets.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 1979
• Founders: Peter Wolpert
• Industries: Enterprise, SaaS
• Stages: Growth
• Number of investments: 35
• Number of exits: 10
• Funds raised: $700,000,000
• 3 remarkable investments: M-Brain, Matilda Foodtech, Pythagoras

You can find their website here.

You can send them an email at monterro@monterro.com.

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22) J12 Ventures

Founded in 2020, J12 Ventures is an early-stage tech investment fund in Sweden.

Details of the VC firm:

• Country: Sweden, Finland, United Kingdom
• City: Stockholm, London, Helsinki
• Started in: 2020
• Founders: Luca Banderet
• Industries: Cybersecurity, SaaS, Marketplace, Crypto & Blockchain, Climate & Sustainability, Supply Chain & Logistics, Big Data & Analytics, Developer Tools, Media, Entertainment, Enterprise, DTC
• Stages: Early Stage, Seed, Pre-Seed
• Number of investments: 33
• Number of exits: 1
• Funds raised: $49,700,000
• 3 remarkable investments: Validio, Inex One, Treyd

You can find their website here.

You can send them an email at hi@j12ventures.com.

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23) Brightly Ventures

Based in Sweden, Brightly Ventures is an early-stage venture capital investing in Nordic startups.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 2018
• Founders: Kerstin Cooley
• Industries: Fintech, Gaming, Healthcare, AI & ML
• Stages: Early Stage
• Number of investments: 29
• Number of exits: 2
• Funds raised: $570,000,000
• 3 remarkable investments: Worldfavor, zevoy, vVenues

You can find their website here.

You can send them an email at john@brightlyventures.com.

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24) Standout Capital

Standout Capital is a late-stage investing firm financing Nordic B2B SaaS companies.

Details of the VC firm:

• Country: Sweden
• City: Stockholm
• Started in: 2014
• Founders: Erik Wästlund, Fredrik Arnander, Klas Hillström
• Industries: Enterprise, SaaS
• Stages: Growth
• Number of investments: 10
• Number of exits: 6
• 3 remarkable investments: Papirfly, Kundo, X-akseli

You can find their website here.

You can send them an email at info@standoutcapital.com.

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