30 Best Active Series A Investors in Sweden in 2025

Prima Materia

https://primamateria.com

Prima Materia is a European venture capital fund based in Stockholm. They invest in early and growth stages, including Series A and B, across sectors such as manufacturing, climate tech, AI, health tech, and gaming. The fund has supported companies like H2 Green Steel, Northvolt, and Homa Games. Prima Materia aims to back ventures that drive significant advancements in their industries.

Northzone

https://northzone.com

A European venture capital firm investing in technology companies.

Northzone

http://northzone.com/

A European venture capital firm investing in technology companies.

Heartcore

https://heartcore.com

Heartcore is a venture capital fund based in Copenhagen. They invest in startups at stages ranging from pre-seed to series F, with check sizes between $300,000 and $6 million. Heartcore focuses on industries including tech, health, real estate, finance, and entertainment. Their portfolio includes FlexAI, Zefir, Travel Perk, Podimo, and Taster. They aim to support founders in creating impactful consumer-focused brands, helping driven entrepreneurs turn their ideas into successful businesses.

Creandum

https://creandum.com

Creandum is a venture capital that is interested in investing in early-stage ventures with innovative technology companies

EQT Ventures

https://eqtventures.com

EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners

EQT Ventures

http://eqtventures.com

EQT Ventures is a multi-stage, sector-agnostic fund firm investing in entrepreneurs who are building the next generation of global winners

Vattenfall

https://group.vattenfall.com

Vattenfall is a Stockholm-based venture capital fund specializing in series A investments in manufacturing, energy, and nuclear sectors. They support projects with tailored check sizes. Notable investments include Northvolt, known for its battery technology. With over a century in the energy industry, Vattenfall is dedicated to providing sustainable energy solutions and advancing a fossil-free future for both industries and households. Follow them on Facebook, Instagram, and Twitter for more updates.

Vattenfall

https://group.vattenfall.com/

Vattenfall is a Stockholm-based venture capital fund specializing in series A investments in manufacturing, energy, and nuclear sectors. They support projects with tailored check sizes. Notable investments include Northvolt, known for its battery technology. With over a century in the energy industry, Vattenfall is dedicated to providing sustainable energy solutions and advancing a fossil-free future for both industries and households. Follow them on Facebook, Instagram, and Twitter for more updates.

Inventure

https://inventure.vc

Inventure is a VC firm that invests in technology startups. It is based in Finland and Sweden.

Alliance

https://allianceventure.com

Alliance Venture is a venture capital fund based in Oslo. They focus on early to later-stage tech companies across industries, including electric vehicles, green tech, AI, and fintech. Their goal is to help startups grow and succeed with flexible investment sizes. Notable investments include The Mobility House and Apexx Global.

Norrsken VC

https://norrsken.org

Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses

Norrsken VC

https://www.norrsken.org/norrskenvc

Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses

Norrsken VC

https://www.norrsken.vc/

Norrsken VC invests in startups that solve the world's biggest problems while building massive businesses

Nordic Makers

https://nordicmakers.vc

Nordic Makers is a venture capital fund based in Stockholm. They invest €500,000 to €2,000,000 in early-stage companies in technology, green energy, real estate, and finance. They support ambitious founders with time and resources, aiming to help promising startups grow. Notable investments include ClimateView, Labster, and Meeshkan.

SEB Venture Capital

https://seb.se

SEB Venture Capital, based in Stockholm, invests in fields like fintech, healthcare technology, and green tech. Supporting startups from seed to Series D stages, they have funded companies such as Thought Machine, EnginZyme, Apica, ClimateView, and Lysa. The fund aims to back ventures that drive progress and offer valuable solutions in their industries.

Icebreaker

https://icebreaker.vc

Icebreaker is a venture capital fund based in Helsinki. They invest in early-stage tech companies, ranging from idea-stage to Series B, with check sizes between €150,000 and €800,000. Their focus includes sectors like AI, health tech, and cybersecurity. Icebreaker has backed companies such as Fixably, Alvin, eBrands, Accurator, and Klaus, seeking teams with deep domain expertise and ambitions to build globally competitive tech firms.

Scania Growth Capital

https://scania.com

Scania Growth Capital, based in Stockholm, is a venture capital fund investing in early-stage companies in mobility, transportation, energy, and nuclear sectors. The fund supports startups aiming to create sustainable and efficient transport systems, benefiting businesses, society, and the environment. A notable investment is Cycle, reflecting their commitment to sustainable solutions. Parent company Scania, a global leader in transport solutions, employs over 50,000 people, with research in Sweden and production in Europe and South America.

HealthCap

https://healthcap.eu

HealthCap is a Stockholm-based company founded in 1996 that invests in life sciences.

Scale Capital

https://scalecapital.com

Scale Capital is a venture fund focused on Danish technology companies.

PropTech1 Ventures

https://proptech1.ventures

PropTech1 Ventures is a Berlin-based venture capital fund focusing on PropTech and real estate startups. They invest from early stages up to Series B in areas such as climate tech, green tech, and fintech. Notable investments include Building Radar, Ecoworks, and Beanstock. PropTech1 Ventures aims to advance technology in the property and construction sectors across Europe.

Curitas Ventures

https://curitasventures.com

Curitas Ventures is a Stockholm-based venture capital fund specializing in early-stage and growth investments. They support startups in sectors such as hardware, health tech, and ecommerce. Notable investments include Volta Trucks and GoFrendly, reflecting their commitment to diverse industries.

Industrifonden

https://industrifonden.com

Industrifonden is a venture capital fund based in Stockholm, investing in early to late-stage companies within technology and life sciences. With check sizes ranging from $10 million to $50 million, the fund supports companies with international potential. Their portfolio includes Trustrace, Telness Tech, Meniga, MinervaX, and Apica, spanning industries like health tech, cybersecurity, and fintech. Industrifonden aims to help companies grow and succeed globally.

Luminar Ventures

https://luminarventures.com

A venture capital firm that invests in early-stage technology companies in Sweden. It was founded in 2017 and is located in Stockholm, Sweden.

VEF

https://vef.vc

VEF is a venture capital fund based in Stockholm, focusing on fintech and payments companies in emerging markets. They typically invest during Series A and Series B stages, with flexible check sizes. Notable investments include TransferGo. Their goal is to support businesses making a significant impact in financial technology.

Peak Capital

https://peak.capital

An Amsterdam-based venture capital firm that invests in marketplaces, SaaS and data startups 

Zobito

https://zobito.com

Zobito is a Malmö-based venture capital fund investing in early-stage companies during seed and Series A rounds. Focus areas include ecommerce, sales and marketing, mobility, and business intelligence, with investments ranging from $500,000 to $10,000,000. Beyond funding, Zobito offers hands-on support to management teams, aiding their growth and success. Companies such as Quinyx AB, MotorK, and inRiver have benefited from both investment and guidance. Zobito emphasizes that execution, not just ideas, is key to success.

Otiva

https://otiva.se

Otiva is a venture capital fund based in Stockholm, investing in businesses from Series A to late growth stages. They focus on industries such as ecommerce, fintech, and green tech. Their portfolio includes companies like BlaBlaCar and Lendify. Otiva is recognized for its agile and long-term approach, with no fixed holding period, offering flexible support for growing businesses.

NordicNinja VC

https://nordicninja.vc

NordicNinja VC, based in Helsinki, invests in tech startups from seed to series D stages, with investments ranging from $1M to $6M. Their focus includes AI, data analytics, mobility, gaming, health tech, and more. Notable investments include Onego Bio and Einride. The fund supports Nordic and Baltic companies that are shaping the future.

Bonnier Ventures

https://bonnierventures.com

Bonnier Ventures, based in Stockholm, is the investment arm of the media group Bonnier. They fund startups at various stages, including seed and series rounds, across industries like data analytics, AI, health tech, and ecommerce. Their investments include Kyra, Resolution Games, Doktor.se, Kavall, and Heja. They aim to help businesses grow and succeed in diverse sectors.