For everyone building hard things in the Nordics.

First Gate Invest is a Västerås-based Swedish investment network of business angels, entrepreneurs and investors, founded in 2020, that invests jointly and broadly across industries and stages without geographic or sector restrictions. Its roughly 20-company portfolio skews toward early-stage Swedish deep-tech and industrial startups, including marine EV charging, forestry drones, vertical-farmed saffron, sawmill AI/automation, EV fast-charging infrastructure and medtech AR.

Pale Blue Dot is a Malmö based seed stage climate tech venture capital firm founded in 2020 by Hampus Jakobsson, Heidi Lindvall and Joel Larsson. It writes EUR 0.5 million to EUR 2 million tickets in pre-seed and seed software and hardware companies across Europe and the US, from Fund I of EUR 87 million and Fund II of EUR 93 million closed in 2023. Hardtech holdings include Staer, Paebbl, Brineworks, Cosmic Aerospace, Care Weather and Pollen.

DigitalWell Ventures is a Nordic accelerator and incubator, founded in 2020 and headquartered in Karlstad, Sweden, that supports early-stage digital health, welfare and cybersecurity startups across the Nordic and Baltic region rather than operating as a traditional direct-investment fund.

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.

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.

Direct investment firm based in Kungsbacka, Sweden, taking active co-ownership stakes in growth companies including recent participation in a defense-tech funding round.

Stockholm-based early-stage investor in science-driven deeptech: advanced computing and quantum, synthetic biology, advanced materials, nanotechnology and data-driven life science. Founded in 2021 as a wholly owned subsidiary of Wallenberg Investments AB, it has now been integrated into Wallenberg Investments as part of its Ventures unit. It backs Seed and Series A companies, with permanent capital and no fund life cycle.

Investment company focused on real estate, entrepreneurship, and sustainable business models in the Nordics.

Sune Alstrup is a Copenhagen based tech investor and DanBAN Lead Angel with a background in eye tracking and deeptech, having founded and exited The Eye Tribe to Facebook/Oculus. He invests personally as an angel in early stage deeptech and hardware startups, with tickets typically in the tens of thousands of euros.

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.

Linbo Invest is a Stockholm-based, family-owned investment company run by Johan and Lars Wiklund. It backs early and growth-stage private and public companies, mostly software and health, with an occasional hardtech bet.

Almi is Sweden's state-owned organization that provides loans, business development advice, and equity financing to Swedish SMEs, with its venture-capital arm Almi Invest (including the national Almi Invest GreenTech fund) making direct investments in early-stage tech, life-science, industrial and sustainability startups.

Develops digital measurement tools for physical therapists, enhancing accuracy and efficiency in patient assessments.

A Swedish medical technology company that has developed, patented and CE-marked Ozilia, a neuromodulation and drug-free treatment technology for chronic migraine and chronic rhinitis.

PulPac is the inventor of Dry Molded Fiber, a patented manufacturing technology for low cost, high performance fiber-based packaging that replaces single-use plastics.

Visibuilt develops visiBINDER, a mycelium-based binder that replaces carbon-intensive materials such as bitumen and cement in paving and infrastructure applications.

Applied Actuators offers a unique and innovative hydraulic actuator technology.

Business incubator in Gävleborg region supporting startups with coaching, funding, and growth programs, including AI-focused initiatives.

Rosenqvist Rail designs and manufactures advanced machinery for efficient and safe railway maintenance worldwide, including fastening machines, sleeper changers and rail equipment.

Provides mechatronic and wiring harness solutions for automotive, defense, and aviation industries.

Provides electronic manufacturing services, including PCB assembly and product development support.

OODALOOP Technologies is a Nordic defence tech company building autonomous, expendable drone systems at scale for the defence of Europe.

Bright Sunday provides solar-as-a-service solutions for commercial and industrial clients, offering financed solar PV installations to reduce CO₂ emissions and energy costs.

P2X Solutions is a Finnish pioneer in green hydrogen and Power-to-X technology, operating Finland's first industrial-scale green hydrogen production plant in Harjavalta.