For everyone building hard things in the Nordics.

Corporate venture capital arm of SINTEF, one of Europe's largest independent research organizations. Commercializes IP and spins out deep tech ventures from SINTEF and NTNU research, investing through successive seed and early-stage funds (SINTEF Venture III through VI).

Iceland's national competitive fund for technology-driven innovation, administered by Rannís (the Icelandic Centre for Research). Issues grants twice a year across four company grant categories (Seed/Fræ, Sprout/Sproti, Growth/Vöxtur, Market/Markaður) plus patent and applied research grants for R&D projects aimed at commercialization in Icelandic industry.

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.

Marvelous is a Berlin based pre-seed and seed investor backing European deeptech founders in physics, chemistry and biology, with a focus on advanced materials, waste valorisation and robotics across food and agriculture, the built environment and heavy industry. The firm runs two vehicles, Marvelous Ventures Fund I for direct investments and the Marvelous Scito Fund, an evergreen fund of funds anchored by a 20 million euro commitment from the Joachim Herz Stiftung, alongside its Catalyst industry partnership network.

Inflection is an early-stage venture fund investing 500K to 2M dollars at idea, pre-seed and seed stage in engineering moonshots across computation, cryptography, physical AI, robotics, manufacturing, energy, resilience and aerospace, with a geographic preference for Europe. It has led Nordic rounds including the 2025 pre-seed extension for Stockholm-based drone defence startup Nordic Air Defence and backed Malmö robotics company Levtek.

Kick Capital is a Swedish business angel investment vehicle backed by 35 regional business angels and the state venture capital firm Saminvest, run jointly by Blekinge Business Incubator, Kalmar Science Park and Företagsfabriken i Kronoberg. It invests 300,000 to 500,000 SEK via convertible loans exclusively in startups admitted to these three incubator programs in southeastern Sweden.

Helsinki-based venture capital firm investing at pre-seed and seed stage in deep tech and brand-driven startups, managing €260 million across three funds with initial tickets from €300,000 to €3 million.

Navigo Invest is a listed Swedish investment company based in Gothenburg, building a cluster of independent hub companies through acquisitions in sectors like industrial heat treatment, geotechnics, chemicals handling and finance, plus strategic stakes in listed and unlisted Nordic companies.

Early-stage investment firm supporting impact-driven startups solving global challenges.

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.

Voima Ventures is a venture capital firm founded in 2019 with offices in Helsinki and Stockholm. It invests in science-based deep tech startups across the Nordics and Baltics, from pre-seed to Series A and B, and closed a EUR 100 million Fund III backed by the European Investment Fund, Tesi, VTT and Saminvest.

E14 Invest is a Swedish co-investment company based in Åre, founded in 2017, that pools capital from roughly 30 private shareholders to back scalable growth companies primarily along the European route E14 corridor (Sundsvall–Trondheim) and the wider Norrland region, though it also invests opportunistically outside the area. It has made around 20-27 investments to date across sectors including healthtech, materials/energy, and software, typically at seed to Series A stage alongside co-investors like Almi Invest, Chalmers Ventures and Industrifonden.

Saab develops and manufactures advanced defense and security systems, including aircraft, submarines, and radar systems.

Arxlight AB provides fortified IT, Telecom, and energy systems designed to meet modern cyber and EMP challenges, serving high-security sectors.

BeammWave AB provides single-chip RFIC solutions with digital beamforming capabilities for mmWave spectrum, enabling 5G and beyond applications in various connected devices.

Develops energy-efficient air compressors utilizing water and gravity-based technology.

Provides an AI-powered app to track and reduce corporate CO2 emissions from commuting and business travel.

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

Develops smart mechanical fasteners with integrated sensors for real-time monitoring in industrial applications.

Morrow Batteries ASA is a Norwegian battery cell developer and manufacturer established in 2020, headquartered in Arendal, Norway, focused on LFP and high-voltage LNMO-X battery technologies for energy storage and electric vehicles.

Pytronic is an innovative company aiming to revolutionize the Smart Home and energy market by providing solutions that improve everyday lives, focusing on energy optimization and user privacy.

Accelerator network supporting startups through collaboration with enterprises.

Develops advanced driver-assistance systems (ADAS) using proprietary sensor technology for urban traffic safety. Formerly Terranet. Formerly BlincVision AB.

Develops advanced communication systems for defense and security applications.