30 Best Active Investors in Sweden in 2024
Over the past decade, Europe has become the second largest technology ecosystem in the world, creating startups solving problems worth solving in society. Behind many of these companies are investors who provide not just funds but also guidance and support.
Our 2024 list brings together the most notable investors from across the continent, with everyone listed having a track record of making strategic investments in generation-defining companies. These rankings are the result of tracking investment activity across 17,000+ companies and +2,500 venture capital investors Europe, and includes funds who have invested in at least 5 European companies in the past year, regardless of where they are HQ'd.
Whether you're a budding entrepreneur seeking the right funding partner, an investor looking for co-investment opportunities, or simply curious about the financial powerhouses investing in Europe, this list provides invaluable insights into the region.
Last update to the database: Nov 26, 2024. See changelog.
Investor Rankings are calculated using our Seedtable Score – a 1 to 100 score that uses quantitative and qualitative data points (like the size of their fund or the quality of the companies they invested in) to signal the strength behind an investor. A score closer to 100 indicates an investor is worth watching closely.
Seedtable Scale
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List of 30 top Sweden VCs
Prima Materia is a European venture capital fund based in Stockholm. They invest in early and growth stages, including Series A and B, across sectors such as manufacturing, climate tech, AI, health tech, and gaming. The fund has supported companies like H2 Green Steel, Northvolt, and Homa Games. Prima Materia aims to back ventures that drive significant advancements in their industries.
Offices:
Stockholm (HQ)
Investment Stage:
Series A, Series B, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Govtech
Top investments in Sweden:
A European venture capital firm investing in technology companies.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Sweden:
No data available
A European venture capital firm investing in technology companies.
Offices:
London (HQ)
Stockholm
New York
London (HQ)
Stockholm
New York
Investment Stage:
Debt Financing, Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Series G, Series H, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
Creandum is a venture capital that is interested in investing in early-stage ventures with innovative technology companies
Offices:
Berlin
London
Stockholm (HQ)
San Francisco
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
Heartcore is a venture capital fund based in Copenhagen. They invest in startups at stages ranging from pre-seed to series F, with check sizes between $300,000 and $6 million. Heartcore focuses on industries including tech, health, real estate, finance, and entertainment. Their portfolio includes FlexAI, Zefir, Travel Perk, Podimo, and Taster. They aim to support founders in creating impactful consumer-focused brands, helping driven entrepreneurs turn their ideas into successful businesses.
Offices:
Copenhagen (HQ)
Paris
Berlin
Stockholm
Lisbon
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Series F, Unknown
Check Size:
$100k - $500M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Sweden:
No data available
EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners
Offices:
Paris
Berlin
London
Stockholm (HQ)
San Francisco
Paris
Berlin
London
Stockholm (HQ)
San Francisco
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Series E, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
Vattenfall is a Stockholm-based venture capital fund specializing in series A investments in manufacturing, energy, and nuclear sectors. They support projects with tailored check sizes. Notable investments include Northvolt, known for its battery technology. With over a century in the energy industry, Vattenfall is dedicated to providing sustainable energy solutions and advancing a fossil-free future for both industries and households. Follow them on Facebook, Instagram, and Twitter for more updates.
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Sweden:
No data available
Vattenfall is a Stockholm-based venture capital fund specializing in series A investments in manufacturing, energy, and nuclear sectors. They support projects with tailored check sizes. Notable investments include Northvolt, known for its battery technology. With over a century in the energy industry, Vattenfall is dedicated to providing sustainable energy solutions and advancing a fossil-free future for both industries and households. Follow them on Facebook, Instagram, and Twitter for more updates.
Offices:
Stockholm
Stockholm
Investment Stage:
Series A
Check Size:
$20M - $30M
Industries:
Energy & Nuclear, Manufacturing
Top investments in Sweden:
Pale Blue Dot is a seed-stage ClimateTech venture fund investing in companies that reduce and reverse the effects of climate change.
Offices:
Malmö (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Unknown
Check Size:
$100k - $30M
Industries:
Climate Tech & Green Tech, Health Tech, FinTech
Top investments in Sweden:
R Ventures is a venture capital fund based in Stockholm that invests in early-stage startups, particularly those using data and technology in education. They support mission-driven founders with smaller seed investments. Notable investments include Sana Labs, which uses artificial intelligence for personalized learning. Their goal is to help innovative companies grow and make a positive impact in their fields.
Offices:
Stockholm (HQ)
Investment Stage:
Seed
Check Size:
$1M - $2.5M
Industries:
Edtech, Data and Analytics
Top investments in Sweden:
Inventure is a VC firm that invests in technology startups. It is based in Finland and Sweden.
Offices:
Helsinki (HQ)
Stockholm
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $40M
Industries:
Health Tech, Edtech, FinTech
Top investments in Sweden:
NordicNinja VC, based in Helsinki, invests in tech startups from seed to series D stages, with investments ranging from $1M to $6M. Their focus includes AI, data analytics, mobility, gaming, health tech, and more. Notable investments include Onego Bio and Einride. The fund supports Nordic and Baltic companies that are shaping the future.
Offices:
Helsinki (HQ)
Tallinn
Stockholm
Investment Stage:
Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $250M
Industries:
Climate Tech & Green Tech, Health Tech, FinTech
Top investments in Sweden:
Centripetal is a venture capital fund based in Stockholm, focused on Series B investments. They target businesses in manufacturing and transportation sectors, supporting enterprises that facilitate the movement of people and goods. Notable investments include X Shore, showcasing their dedication to technological advancements in these areas.
Offices:
Stockholm (HQ)
Investment Stage:
Series B
Check Size:
$50M - $70M
Industries:
Mobility & Transportation, Manufacturing
Top investments in Sweden:
Investment AB Kinnevik, based in Stockholm, is a venture capital fund supporting businesses from early to late stages. They focus on sectors like digital consumer services, health tech, and green technology. Notable investments include Travel Perk, H2 Green Steel, Aira, Babylon Health, and HungryPanda. Their goal is to build strong, sustainable businesses across diverse industries through targeted investments.
Offices:
Stockholm (HQ)
Investment Stage:
Series A, Series B, Series C, Series D, Series E, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, FinTech
Top investments in Sweden:
Fasadglas Bäcklin, based in Stockholm, is a venture capital fund investing in early-stage companies, particularly in manufacturing and climate tech. Notable investments include Exeger. The fund focuses on sustainable solutions, emphasizing innovation and quality. They promote entrepreneurship and well-being at work, aiming to achieve exceptional results through dedicated teamwork.
Offices:
Stockholm
Investment Stage:
Seed
Check Size:
$10M - $20M
Industries:
Climate Tech & Green Tech, Energy & Nuclear, Manufacturing
Top investments in Sweden:
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Sweden:
No data available
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
No data available
Investment Stage:
No data available
Check Size:
$100k - $500k
Industries:
No data available
Top investments in Sweden:
No data available
Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses
Offices:
Stockholm (HQ)
Stockholm (HQ)
Stockholm (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
VEF is a venture capital fund based in Stockholm, focusing on fintech and payments companies in emerging markets. They typically invest during Series A and Series B stages, with flexible check sizes. Notable investments include TransferGo. Their goal is to support businesses making a significant impact in financial technology.
Offices:
Stockholm (HQ)
Investment Stage:
Series A, Series B
Check Size:
$5M - $10M
Industries:
FinTech, Payments
Top investments in Sweden:
Scania Growth Capital, based in Stockholm, is a venture capital fund investing in early-stage companies in mobility, transportation, energy, and nuclear sectors. The fund supports startups aiming to create sustainable and efficient transport systems, benefiting businesses, society, and the environment. A notable investment is Cycle, reflecting their commitment to sustainable solutions. Parent company Scania, a global leader in transport solutions, employs over 50,000 people, with research in Sweden and production in Europe and South America.
Offices:
Stockholm
Investment Stage:
Series A, Series B
Check Size:
$20M - $40M
Industries:
Mobility & Transportation, Energy & Nuclear
Top investments in Sweden:
HealthCap is a Stockholm-based company founded in 1996 that invests in life sciences.
Offices:
Stockholm (HQ)
Lausanne
Investment Stage:
Seed, Series A, Series B, Series C, Unknown
Check Size:
$1M - $100M
Industries:
Health Tech, Biotech, Deep Tech
Top investments in Sweden:
Neudi & Co is a venture capital fund based in Gothenburg, specializing in Series B investments. Founded in 1918 and now managed by the fourth generation, this family-owned firm has a rich industrial heritage. They focus on sectors like manufacturing, energy, and climate technology, with notable investments in companies such as Exeger. The fund aims to support businesses aligned with their historical commitment to industry and green technology.
Offices:
Gothenburg
Investment Stage:
Series A, Series B
Check Size:
$10M - $20M
Industries:
Climate Tech & Green Tech, Machine learning, Data and Analytics
Top investments in Sweden:
An Amsterdam-based venture capital firm that invests in marketplaces, SaaS and data startups
Offices:
Berlin
Amsterdam (HQ)
Stockholm
Investment Stage:
Pre Seed, Seed, Series A, Series B, Unknown
Check Size:
$100k - $70M
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
Founded in 2007, VNV Global is a venture capital firm based in Stockholm, Sweden. The firm seeks to invest in high-growth, tech-enabled businesses operating in the field of mobility, marketplaces, and digital health sectors.
Offices:
Stockholm (HQ)
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Series D, Unknown
Check Size:
$100k - $1B
Industries:
Climate Tech & Green Tech, Health Tech, Edtech
Top investments in Sweden:
Alliance Venture is a venture capital fund based in Oslo. They focus on early to later-stage tech companies across industries, including electric vehicles, green tech, AI, and fintech. Their goal is to help startups grow and succeed with flexible investment sizes. Notable investments include The Mobility House and Apexx Global.
Offices:
Stockholm
Oslo (HQ)
Palo Alto
Investment Stage:
Pre Seed, Seed, Series A, Series B, Series C, Unknown
Check Size:
$2.5M - $70M
Industries:
Climate Tech & Green Tech, FinTech, Foodtech
Top investments in Sweden:
Confidus Venture Capital, based in Stockholm, invests in digital transformation and automation startups, primarily at the seed stage. They focus on sectors such as mobility, machine learning, media, ad tech, crypto, payments, and fintech. Quality ideas and strong teams are top priorities. Notable investments include Centiglobe and Phyron. The aim is to support future leaders in these tech-driven fields.
Offices:
Stockholm (HQ)
Investment Stage:
Seed, Unknown
Check Size:
$100k - $10M
Industries:
FinTech, Crypto & web3, AI
Top investments in Sweden:
Flat Capital is a venture capital fund based in Stockholm. They invest in startups across stages from pre-seed to beyond, focusing on industries like mobile technology, media, fintech, and fashion. Notable investments include Depop, Quartr, Klarna, Budbee, and Pangaia. Their aim is to help new businesses grow by providing essential funding.
Offices:
Stockholm (HQ)
Investment Stage:
Pre Seed, Seed, Series B, Series C, Unknown
Check Size:
$100k - $100M
Industries:
Edtech, FinTech, CPG & Consumer Goods
Top investments in Sweden:
PropTech1 Ventures is a Berlin-based venture capital fund focusing on PropTech and real estate startups. They invest from early stages up to Series B in areas such as climate tech, green tech, and fintech. Notable investments include Building Radar, Ecoworks, and Beanstock. PropTech1 Ventures aims to advance technology in the property and construction sectors across Europe.
Offices:
Berlin (HQ)
Amsterdam
London
Zürich
Stockholm
Investment Stage:
Pre Seed, Seed, Series A, Series B, Unknown
Check Size:
$100k - $50M
Industries:
Climate Tech & Green Tech, FinTech, AI
Top investments in Sweden:
Scale Capital is a venture fund focused on Danish technology companies.
Offices:
Copenhagen (HQ)
Stockholm
Palo Alto
Investment Stage:
Debt Financing, Pre Seed, Seed, Series A, Unknown
Check Size:
$100k - $20M
Industries:
Health Tech, Edtech, FinTech
Top investments in Sweden: