For everyone building hard things in the Nordics.

Longrun Capital is a Stockholm venture capital firm that backs early-stage Nordic companies building hardware for the green transition, with a portfolio focused on advanced materials, energy and water technology for the built environment.

Expansion Ventures is a pan-European VC firm (Paris and Stockholm) launched in 2022, targeting a €300M fund dedicated to Aerospace & Defence startups from pre-seed to Series B, with a Stockholm-based General Partner (Ulf Palmnäs) giving it genuine Nordic roots alongside its French base.

GOKAP Invest is a Gothenburg-based investment company, co-founded in 2018 by GU Ventures' CEO Klementina Österberg, that invests in innovative unlisted growth companies primarily in Västra Götaland/Western Sweden, having built a portfolio of around 19-22 holdings spanning life science, digital services and a small number of physical hardtech companies.

Verdane is a European growth equity investor founded in 2003 and headquartered in Oslo, with offices in Stockholm, Copenhagen, Helsinki, London, Berlin and Munich. It backs tech-enabled and sustainable businesses across digitalisation and decarbonisation, with majority or minority positions in single companies or portfolios. It has made more than 200 investments and runs dedicated decarbonisation funds (Edda III at EUR 1.1 billion, Idun II at EUR 700 million). Hardtech exposure is a minority of the portfolio and is concentrated in energy technology and industrial technology (for example Muegge, r2p-Group, The Packaging Group, Dansk Gummi Industri, Factbird, Aptomar, Resman and Smartmotor), alongside a large software, marketplace and consumer book.

Propel Capital is the pre-seed investment arm of Stockholm accelerator Sting, investing exclusively in Sting-associated Swedish startups since 2014 through angel-syndicated funds. It has made 230+ investments across seven fund generations, backed by 120+ business angels and the state-owned Saminvest, and Propel Capital VII (2025, SEK 27 million committed) writes SEK 600,000 tickets.

EQT is a Stockholm-founded global investment organization managing the Scaleup Europe Fund, a €5bn public-private growth vehicle backed by the European Commission and institutions including Novo Holdings, EIFO and Wallenberg Investments, aimed at scaling Europe's most promising deep-tech companies from Series B to pre-IPO.

People Ventures is an operational venture capital firm based in Copenhagen that invests its own people and capital alongside money into founders, backing pre-seed and seed stage tech companies across the Nordics, with a recent focus on digital health and enterprise software.

Helsinki-based early-stage VC investing in bold founders from Finland and the Baltics, especially in SaaS and deep tech.

Formica Capital is a Gothenburg-based Swedish family office and investment company founded in 2018 by the Olsson Eriksson family, investing with a long-term, active-ownership approach in mid-sized Nordic companies across health, environment, education, cyber security and cleantech that combine commercial performance with positive societal impact.

Swedish investment company focusing on long-term ownership in industry, real estate, and environmental technology.

Vargas is a Stockholm-based impact company builder that identifies, validates, finances and scales industrial companies in hard-to-abate sectors. Founded in 2014, it has built or co-founded Northvolt, Polarium, Stegra (formerly H2 Green Steel), Aira, Syre and the Arctial aluminium project, spanning batteries, energy storage, green steel and hydrogen, heat pumps and textile recycling.

Early-stage venture fund investing in Nordic B2B software and platform startups.

Supplies tools, consumables, and equipment for electronics production and testing.

Addiva Elektronik AB offers electronics design, embedded systems programming, and production services, including surface mount and through-hole circuit board assembly, catering to various industrial applications.

Finnadvance develops the AKITA platform, next generation humanized in-vitro organ-on-chip models for drug development and research purposes.

Bondtech develops and manufactures dual drive extruders for 3D printers, enhancing performance and reliability in additive manufacturing processes.

Develops AI-driven solutions for autonomous vehicle navigation and control systems.

Hefring Marine builds IMAS, an AI-powered marine guidance system that turns real-time onboard sensor data into safety, fuel-efficiency and operational guidance for vessel operators and fleet managers.

Medistim is a market leader within intraoperative transit time flow measurement (TTFM) and ultrasound imaging, providing the MiraQ system to the global market for cardiac, vascular and transplant surgery.

Develops high-efficiency biomass power plants aiming to double the electric efficiency of traditional plants.

VibroSense Dynamics develops, manufactures and sells medical devices that support diagnosis of peripheral sensory neuropathy, used by diabetes and cancer clinics, occupational health care and university hospitals.

Beyonder develops high-power, long-life battery cells and modules — including lithium-ion capacitors, supercapacitors and LFP solutions — for demanding mobility, maritime, power, and industrial applications, built in Norway.

A smart baby monitor from Norway that measures a baby's heart rate, oxygen saturation and skin temperature via a wearable sensor band, base station and camera, paired with a mobile app.

Distributor of agricultural tractors and equipment, primarily focused on Valtra machinery sales and service.