For everyone building hard things in the Nordics.

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

Early-stage venture capital firm investing in B2B tech startups, mainly in SaaS, enterprise software, and cybersecurity.

Nordic Secondary Fund, founded in 2018 and based in Copenhagen, is the first fund in the Nordics to invest exclusively in secondary stakes. It buys minority positions in Nordic and Baltic companies that have already raised a Series A round and shown a proven, scalable business model, aiming for a return between 2x and 5x within five years.

Impact venture capital fund investing in startups solving the world's greatest challenges.

Vinnova is Sweden's government innovation agency, funding research and innovation projects that strengthen sustainable growth and competitiveness. It runs continuous, sector-agnostic calls for proposals, including a recurring deeptech acceleration programme, but does not publish a company-level portfolio list.

Novax is the growth investment arm of the Axel Johnson Group, backing small and mid-sized companies across food, health, security and energy. It builds sector platforms such as Ingå (food ingredients), Bond Health Group (wellness) and, since 2024, AxSol, which invests in and scales renewable energy companies.

Navigo Invest is a Gothenburg-based investment company listed on Nasdaq First North Premier. It was founded in 2007 as Pegroco Invest and buys mostly Swedish B2B small and medium-sized companies. Its hub companies are CalorMet (industrial furnaces and heat treatment), Geogruppen (geotechnics), Chemgroup (chemicals handling) and Vinga (finance). It also holds strategic stakes in Nordisk Bergteknik and Alelion (lithium-ion battery systems) and a minority stake in UPerformance.

Fairpoint Capital is a Stockholm-based early-stage venture capital firm, spun out of SEB Venture Capital's technology team, that makes minority investments (late seed to Series B) in Nordic B2B technology companies; it closed its second fund at $60M in 2024 and remains backed primarily by SEB.

Early-stage VC fund, tech hub and industry software alliance based in Fornebu (Lysaker), Norway, investing $100k to $3m at pre-seed and seed into data-centric industrial technology that makes heavy industry more efficient, resilient and sustainable.

EUDIS BAMM (Business Accelerator) is a public, non-dilutive funding and coaching instrument of the EU Defence Innovation Scheme, run by the European Commission's Directorate-General for Defence Industry and Space together with a Starburst-led consortium. It selects cohorts of 20 European (EU + Norway) defence-tech start-ups and scale-ups twice a year, giving each a €120,000 seed-financing voucher plus coaching, bootcamps and investor/end-user matchmaking.

Revalence Ventures is a Stockholm based venture firm investing in founder operated technology companies from seed to Series A. Its confirmed backing spans fintech, retail tech and defence tech, including Klarna, Apprl and the Norwegian defence simulation and training startup Levato.

UU Invest is Uppsala University's investment company, founded in 1995 to fund research-based startups from the university's humanities, medicine and pharmacy, and technology and science faculties. It has backed more than 115 companies to date and runs the annual VentureChallenge, offering researchers up to SEK 500,000 in project funding.

VTT spin-off that develops and sells CooliBlade thermal management modules for high-power electronics, based on a liquid-vapor phase-change channel structure inside an aluminium body.

Provides digital product development and engineering services across various industries.

Develops electronic measurement systems for process industries, including pulp and paper.

Develops dislocation-free GaN substrates for RF electronics based on nanowire technology.

Provides simulation solutions for image-guided interventional therapies, aiding in medical training and procedure planning.

AQ Group is a global manufacturer of components and systems for demanding industrial customers, covering areas like wiring systems, sheet metal, and electronics.

Doublepoint is a Helsinki-based company specializing in AI-driven, biometric gesture recognition technology that enables people to control wearable devices, AR/VR headsets and IoT systems with simple, natural hand movements using IMU sensors.

C-Green converts sewage sludge into solid HTC biocoar (hydrochar) using its proprietary OxyPower HTC hydrothermal carbonization technology, enabling sustainable waste-to-resource solutions for the circular economy.

Manufactures outdoor power products including robotic lawn mowers, chainsaws, and garden equipment.

PartnerTech Karlskoga specializes in advanced mechanical production, primarily serving the defense industry with high-precision components.

RemotiveLabs builds an open, developer-centric software platform and tooling that lets automotive engineering teams virtualize, test and integrate vehicle software without waiting on physical hardware.

Profundus develops and sells a unique camera and software system. It is based on advanced adaptive optics for retinal eye examination and enables early detection of currently subclinical retinal features.