For everyone building hard things in the Nordics.

A seed fund co-founded by Uppsala Innovation Centre, investing in early-stage tech and life science startups.

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

Tallinn-based early-stage investor and company builder backing bold tech founders in the Baltics and Nordics.

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.

Stockholm-listed venture developer founded in 2016 that puts knowledge, hands-on support and capital into early-stage owner-led companies, often through its Venture Targeter turnaround framework, in exchange for equity and warrants. Core holdings span bioanalytics, diagnostics, event tech and digital asset compliance, with a wider portfolio of roughly 20 smaller stakes across the Nordics, DACH and beyond.

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.

I Love Lund is a publicly listed (Spotlight Stock Market, ticker LOVE B) local investment company founded in 2017 and headquartered in Lund, investing broadly across sectors with a focus on pre-seed, seed and Series A rounds in early-stage, mostly unlisted companies with a strong Lund connection. Its portfolio today comprises roughly 50 holdings spanning fintech, medtech, femtech, IoT sensors, defense/dual-use, materials and life science, alongside shareholder network and mentoring activities.

Danish VC investing in growth-stage companies in lifestyle, software, and hardware across Europe and the U.S. Formerly Nordic Eye.

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.

Northzone is a multi-stage venture capital firm founded in 1996 in Oslo, now headquartered in London with offices across the Nordics, Amsterdam and New York, investing from seed through growth stage across Europe and the US. Its portfolio includes Spotify, Klarna, Einride and Black Forest Labs, and it has backed companies through more than 250 investments to date.

Volvo Cars Tech Fund is Volvo Cars' corporate venture arm, based in Sweden and active since 2018. It makes minority investments in early stage mobility and automotive technology companies, covering electrification, autonomous driving, digital mobility services and manufacturing or supply chain efficiency, giving Volvo Cars strategic access to the technology it backs.

Heartcore Capital (formerly Sunstone Capital, founded 2007) is an early-stage venture capital firm headquartered in Copenhagen with additional offices in Stockholm, Berlin and Paris, investing from pre-seed to Series A across Europe. While historically known as a consumer-tech investor, it has recently expanded into deep tech, defence, quantum computing, space and synthetic biology alongside its core AI, fintech, travel and web3 bets.

Develops renewable energy solutions combining design and sustainability for urban environments.

Designs mmWave antennas for automotive radar and 5G applications using waveguide technology.

Offers design and manufacturing of displays, fixtures, and plastic extrusions, serving various retail and industrial clients.

Supports startups and companies in Kalmar with incubation and business development services.

Provides software development services, specializing in web and mobile applications.

World's largest producer of high-pressure composite cylinders for storage and transportation of alternative fuels including hydrogen, CNG and RNG.

Provides a testbed and co-creation arena in Kista Science City for developing and showcasing smart city solutions.

Provides motion analysis software and systems for non-contact measurement technologies.

LimeArc Process develops electrically generated plasma technology to reburn lime mud in seconds instead of hours, in a compact reactor without moving parts, eliminating fossil fuel use in pulp and paper mills.

Creates smart lamps with customizable LED animations and smart home integration.

Rolls-Royce SMR designs, develops and deploys factory-built small modular nuclear reactors, delivering a modular, standardised pressurised water reactor solution for clean baseload power.

ABB is a technology leader in electrification and automation, producing industrial robots and automation solutions, with a major robotics manufacturing and R&D campus in Västerås, Sweden.