For everyone building hard things in the Nordics.

Norrsken Launcher is a Stockholm based early stage deeptech impact fund inside the Norrsken ecosystem. It runs a concentrated portfolio, investing 1 to 3 million euros in 2 to 3 companies per year and working hands on with founders for 3 to 9 months on team building, commercialization and fundraising.

Technology transfer office and venture arm of SINTEF, based in Trondheim, Norway. It manages seed and early-stage funds (SINTEF Venture IV, V and VI) that invest in spin-offs from SINTEF and NTNU research. SINTEF Venture VI was established in 2022 with NOK 517 million and has backers including the European Investment Fund, KLP and Investinor. Recent hardtech investments include Sonair, Cartesian, Hystar and sensiBel.

First Gate Invest is a Västerås-based Swedish investment company and angel network, founded in 2020, where business angels, entrepreneurs and investors invest jointly in early-stage startups without geographic or sector restrictions. Its portfolio of about 22 companies includes hardtech names such as Deep Forestry, Marine Charging Point, LexEnergy, Taigatech and Navari Surgical, alongside a larger group of software and consumer startups.

Stockholm-based early-stage VC founded in 2016 by Sara Wimmercranz and Susanne Najafi. It backs founders outside traditional VC networks at pre-seed and seed, mostly in the Nordics. Its third fund, BackingMinds Invest III, had a first close of EUR 50 million with the European Investment Fund as anchor investor at EUR 20 million. The fund targets Climate & Resilience, AI & Digital Sovereignty and Human Potential, and its recent deals include hardtech companies in energy storage, power electronics, chemicals and construction materials.

Sätila Impact Investment is a Gothenburg, Sweden based impact investment firm founded in 2008 as a subsidiary of Sätila Holding, investing in early-stage companies that address social and environmental challenges across areas like renewable energy, food security, animal welfare and water and sanitation.

Christian Klibo is a Danish business angel and Lead Angel with DanBAN, the Danish Business Angels network, focused on HealthTech, MedTech, PropTech, data and governance. He and Berit Klibo have taken lead investor roles in several medtech deals, including Cystotech, a Danish medtech company developing an AI based diagnostic support tool that integrates with cystoscopy equipment for bladder cancer detection.

Stockholm-based investment firm founded in 2017 that takes minority stakes in privately owned Nordic growth companies. Its third fund, NEA III, is SEK 900 million. The portfolio is mostly generalist, with hardtech exposure through Qvantum (heat pumps) and Mellifiq (air and water purification).

SEB Greentech Venture Capital is the Swedish bank's corporate VC unit investing directly from SEB's balance sheet into green technology companies, mainly in the Nordic and Baltic region with a broader European reach. It writes initial tickets of SEK 10-40 million from a SEK 1 billion mandate, taking active minority stakes with board seats in hardware, software and platform companies working on renewable energy, energy storage, water and agricultural technology, circular business models and waste management.

Wicked Angel is a Stockholm-based angel network founded in 2020, investing member capital and operating experience into early-stage Nordic startups, with recent activity concentrated in life science and health tech deals sourced through Stockholm and Gothenburg pitch events.

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.

Lifeline Ventures is a Helsinki-based, sector-agnostic early-stage venture capital firm founded in 2009. It invests from pre-seed through growth stages across deeptech, climate, health and consumer sectors, and closed a 400 million euro sixth fund in 2025 to keep backing founders from first check through scale.

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.

RFR Solutions develops, manufactures and sells first-rate stainless steel solutions, offering the whole chain from design and prototyping to production, assembly and verification.

Starship Technologies builds autonomous, six-wheeled sidewalk delivery robots that carry food, groceries and packages on demand, with humans able to take remote control at any time.

Blykalla develops advanced small modular reactors (SMRs) based on over 25 years of research, aiming to provide reliable and sustainable baseload energy to support the transition to a fossil-free future.

Provides energy optimization platforms for smart grid and renewable energy integration.

Develops CO₂-free production processes for recycling metals from industrial waste.

Provides optical networking solutions for data centers and service providers, specializing in open line systems and transceivers.

Atonemo builds the Streamplayer, a pocket-sized wireless streaming device that adds AirPlay, Google Cast and Bluetooth streaming to any existing speaker, amplifier or hi-fi system.

Specializes in 3D computer vision and machine learning for autonomous systems and smart city applications.

Swedish steelmaker converting its production system to fossil-free, hydrogen-based steelmaking using electric arc furnaces, as part of the HYBRIT initiative with LKAB and Vattenfall.

Prototal specializes in 3D printing, vacuum casting, aluminum tools, and injection molding products, enabling clients with reduced development costs and risks. Formerly Prototal Group AB.

Asetek designs, develops and markets phase-change cooling and liquid cooling solutions for computer systems, spanning desktop and data center segments, and has expanded into SimSports gaming hardware.

Develops open-source 3D printing solutions for metal additive manufacturing.