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Top 50 Biotechnology Startup Investors in Sweden (May 2026)

The most active venture capital funds and angel investors investing in Sweden Biotechnology startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Sweden Biotechnology startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sciety
VC Fund
14 Sweden, Ukraine Seed, Series A Health Care, Biotechnology, Pharmaceutical $125k–$6.1M
Chalmers Ventures AB
VC Fund
12 Sweden Pre-Seed, Seed Software, Energy, Health Care $5k–$2.7M
Industrifonden
VC Fund
10 Sweden, United States, Denmark Series A, Seed Software, Biotechnology, Information Technology $1.3M–$14M
Almi Invest
VC Fund
8 Sweden, United States, United Kingdom Seed, Pre-Seed Software, Health Care, Information Technology $96k–$1.8M
Navigare Ventures
VC Fund
5 Sweden Seed, Pre-Seed, Series A Biotechnology, Energy, Health Care $276k–$6M
Karolinska
VC Fund
5 Sweden, Denmark, United States Seed, Series A Biotechnology, Health Care, Pharmaceutical $1.3M–$73M
HealthCap
VC Fund
4 United States, Sweden, France Series B, Series A Biotechnology, Health Care, Medical $5.5M–$55M
SEB Venture Capital
VC Fund
4 Sweden, Denmark, United Kingdom Series A, Series B Software, Information Technology, Financial Services $1.1M–$23M
Norrsken VC
VC Fund
4 Sweden, United Kingdom, Germany Seed, Series A Software, Food and Beverage, Health Care $599k–$21M
Crowberry Capital
VC Fund
3 Iceland, Denmark, United States Seed, Pre-Seed, Series A Software, Gaming, Information Technology $400k–$15M
Inventure
VC Fund
3 Finland, Sweden, Denmark Seed, Series A Software, Information Technology, Health Care $482k–$12M
Noaber
VC Fund
2 The Netherlands, Israel, Sweden Seed, Series A Health Care, Medical, Fitness $1.3M–$20M
Novo Holdings
VC Fund
2 United States, Denmark, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $6.5M–$125M
Segulah Medical Acceleration
VC Fund
2 Sweden, United States, United Kingdom Series A, Series D Health Care, Biotechnology, Medical Device $8.3M–$9.8M
LIU Invest
VC Fund
2 Sweden Seed, Pre-Seed Biotechnology, Information Technology, Health Care $553k–$1.3M
Hadean Ventures
VC Fund
2 Sweden, Norway, Austria Series A, Series B Biotechnology, Health Care, Pharmaceutical $3.7M–$69M
Nina Capital
VC Fund
2 United States, United Kingdom, Austria Seed, Pre-Seed, Series A Health Care, Artificial Intelligence, Medical $573k–$21M
BackingMinds
VC Fund
2 Sweden, Finland Seed, Series A Internet, Health Care, Medical Device $240k–$2.1M
KTH Holding
VC Fund
1 Sweden Seed, Pre-Seed Software, Information Technology, Biotechnology $258k–$3M
Klimatet Invest
VC Fund
1 Sweden Seed, Series A Energy, Battery, GreenTech
Josefin Landgård
Angel
1 Sweden, France Seed, Angel, Pre-Seed Health Care, Medical, Women's
TPG Growth
VC Fund
1 United States, India, China Series C, Private Equity, Series B Health Care, Biotechnology, Software $3.5M–$1.3B
Teknoinvest
VC Fund
1 Sweden, Norway, United States Series B, Series A Health Care, Biotechnology, Medical $1.2M–$29M
Innovations Kapital
VC Fund
1 Sweden, Denmark, United States Series B, Series C Biotechnology, Health Care, Software $5.5M–$30M
Porte Monnaie
VC Fund
1 Sweden Seed Health Care, Biotechnology, Science and Engineering
Partnerinvest Norr
VC Fund
1 Sweden, United States Series A, Corporate Round Online Portals, Apps, Biotechnology $1.5M–$3.2M
Forbion Capital Partners
VC Fund
1 United States, United Kingdom, The Netherlands Series B, Series A, Series C Biotechnology, Health Care, Medical $4.5M–$115M
Ysios Capital
VC Fund
1 Spain, United States, Switzerland Series A, Series B, Series C Biotechnology, Health Care, Medical $2.1M–$48M
Sofinnova Partners
VC Fund
1 France, United States, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $4.4M–$57M
Nxt2b
VC Fund
1 Sweden Series A Health Care, Biotechnology, Health Diagnostics
Inter Ikea
VC Fund
1 Germany, Sweden, Denmark Seed, Corporate Round Software, Furniture, Health Care
Kale United
VC Fund
1 United Kingdom, Sweden, India Seed, Pre-Seed Food and Beverage, Food Processing, Biotechnology $100k–$1.4M
Hampus Jakobsson
Angel
1 Sweden, Denmark, United States Seed, Angel, Series A Health Care, Software, Artificial Intelligence $92k–$2.1M
Flerie Invest
VC Fund
1 Sweden, Israel, Iceland Series A, Series B Biotechnology, Health Care, Medical $2.5M–$75M
3B Ventures
VC Fund
1 Sweden Series A Medical, Biopharma
Ferd
VC Fund
1 Norway, Sweden, United States Private Equity, Post-IPO Equity Energy, Software, Manufacturing $1M–$38M
Norrlandsfonden
VC Fund
1 Sweden Seed, Series A Information Technology, Software, Pharmaceutical
LUBio Science
VC Fund
1 Sweden Therapeutics, Biotechnology, Medical Device
Colibri Ventures
VC Fund
1 Sweden Seed Biotechnology, Manufacturing, Medical Device
FBG Invest
VC Fund
1 Sweden Biotechnology, Manufacturing, Food Processing
Länsförsäkringar
VC Fund
1 Sweden Seed Manufacturing, Apps, Mobile $553k–$746k
Fibonacci Growth Capital
VC Fund
1 Sweden Seed Biotechnology, Manufacturing, Medical Device
Almi Invest GreenTech
VC Fund
1 Sweden Seed, Series A Waste Management, Chemical, Recycling
Additio Investment Group
VC Fund
1 United Kingdom, Sweden Series A Health Care, Biotechnology, Medical
Per Båtelson
Angel
1 Sweden, United States Seed, Angel Medical, Health Care, Medical Device
Beijer Ventures
VC Fund
1 Sweden Series A Health Care, Biotechnology, Renewable Energy
Landegren Gene Technology
VC Fund
1 Sweden Series A Health Care, Biotechnology, Health Diagnostics
Bonnier Ventures
VC Fund
1 Sweden, Finland, Germany Seed, Series A Health Care, Digital Media, Software $1M–$21M
Simon Fredriksson
Angel
1 Sweden Seed Biotechnology, Medical, Genetics $1.1M–$6M
European Investment Bank
VC Fund
1 France, Germany, Ireland Debt Financing, Post-IPO Debt Biotechnology, Health Care, Software $6.4M–$536M
Access all 168 investors in Sweden Biotechnology startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Sciety
VC Fund · Stockholm, Stockholms Lan, Sweden · 14 investments in Sweden Biotechnology startups

Whether you are an investor seeking impactful returns or an entrepreneur looking to take your business to the next level, Sciety is your go-to partner. Join Sciety Venture Partners to invest in the most promising life science companies in the Nordics or get in touch to learn how we can help to turn your life science or health tech innovation into a thriving business.

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Investment focus

  • Industry: Health Care, Biotechnology, Pharmaceutical
  • Stage:Seed, Series A
  • Geography: Sweden, Ukraine

Investor stats

  • Total investments: 33
  • Round size: Seed $125k–$2.3M; Series A $429k–$6.1M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • Encare — Encare was established in 2009 to implement the ERAS Protocols on a global basis by- providing training to health care professionals on the ERAS Protocols- providing an interactive and web-based information system for evidence based - best practice management (EBM)The company has developed an interactive, user-friendly interface forthe collection, documentation and follow-up on critical performance and quality parameters as lined out by leading clinical experts in respective protocol[1] based on, at any time, best practice and evidence.The data collected in the web-based solution is interactive and offers immediate feedback of performance, which will generate significant and sustainable improvement of efficiency and quality of care as well as generate substantial health care savings.Encare has the rights to commercialize surgical protocols developed by the ERAS Society. The company has so far rolled out the audit system to more than 120 hospitals in Canada, France, Norway, Poland, Sweden, South Africa, Switzerland, the United Kingdom, Argentina, Mexico, Colombia, Brazil, Singapore and the United States.The ERAS Society was formed in 2001 with the aim to establish evidence based protocols as best practice standards in perioperative care. ERAS Society has published a wide range of publications regarding protocols and guidelines for enhanced recovery after surgery.
  • PharmNovo — Latest News from PharmNovo. Learn more about pain, neuropathic pain, chronic pain. Treatment with our lead candidate PN6047. Therapy market, our networks. There is a huge unmet medical need for people suffering from chronic pain.
  • Capitainer — Quantitative microsampling solutions for diagnostics, research and clinical trials. Microsampling you can trust.
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Chalmers Ventures AB
VC Fund · Göteborg, Vastra Gotaland, Sweden · 12 investments in Sweden Biotechnology startups, 13 in the past 12 months

We are a leading tech investor & venture builder in the Nordics. Taking deep tech from lab to market.WELCOMEINVESTMENTS

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Investment focus

  • Industry: Software, Energy, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: Sweden

Investor stats

  • Total investments: 128
  • Round size: Seed $194k–$2.7M; Pre-Seed $5k–$175k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Adsorbi — Adsorbi develops a novel biomaterial based on cellulose.
  • RadChat — RadChat is a method for arranging timeslots between cars in close proximity. The timeslots can then be used for radar sensing or for transmitting data to nearby cars through the radar unit.The patent-pending technology's ability to eliminate radar interference is unequaled. Because each car in the vicinity has its own assigned timeslot,there will be no interference from other vehicles. RadChat enables your vehicle's sensors to be trusted.The data communication utility is a supplementary technology for communication in scenarios requiring low latency, directed connectivity, and safety. Video feeds, vital safety alarms, location and positioning data, and other types of data can be delivered.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 10 investments in Sweden Biotechnology startups, 8 in the past 12 months

Industrifonden is a Nordic evergreen venture capital firm with a fund size of $600m, that focuses on early-stage technology and life science companies with international potential. The company works long term with the entrepreneurs we invest in, and have a strong track record of building game changing companies. Industrifonden-backed companiesinclude tech companies Qlik, Arcam, Soundtrack Your Brand, Fishbrain, and life science companies CellaVision, Oncopeptides and AMRA.

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Investment focus

  • Industry: Software, Biotechnology, Information Technology
  • Stage:Series A, Seed
  • Geography: Sweden, United States, Denmark

Investor stats

  • Total investments: 149
  • Round size: Seed $1.3M–$6.4M; Series A $2.7M–$14M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
  • Open Payments — Open Payments connects you to multiple banks through one single unified API. This removes the complexity and frictions of many diverse integrations
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Almi Invest
VC Fund · Stockholm, Stockholms Lan, Sweden · 8 investments in Sweden Biotechnology startups, 11 in the past 12 months

ALMI Invest is a venture capital company which invests in Swedish companies with exciting, scalable business models and motivated entrepreneurs. ALMI Invest consists of eight regionally based venture capital funds, all with local offices and experienced local investment managers. We manage a total of SEK 1 billion. Unlike most venture capitalists,we can invest in a wide range of businesses. A strong team of entrepreneurs, a scalable business model and an initial revenue stream are more important than the line of business when we invest.Our first, initial investment would typically be SEK 2-4 million. During the lifetime of an investment, sums of up to SEK 10 million can be ventured. We always syndicate with an investment partner (another venture capitalist or angel investor) from Sweden or otherwise which means that we can take a maximum of 50 percent of an investment round.ALMI Invest was founded in 2009 by ALMI Fretagspartner together with regional investors. Half of our capital comes from European Union structural funds, which accounts for an investment of SEK 500 million. The other 50 per cent comes from regional investors and ALMI Fretagspartner.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 190
  • Round size: Seed $138k–$1.3M; Pre-Seed $96k–$1.8M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Dicot — Dicot is a pharmaceutical company focused on drug discovery and the development of novel lifestyle drugs to enrich patients' lives. The Company develops and manufactures medicines for the treatment of erectile dysfunction and premature ejaculation. The company's lead candidate, LIB-01, is in the pre-clinical stage of development.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
  • Nordic Forestry Automation — The forestry sector is standing before unprecedented challenges in adapting to increased demand for sustainable raw materials, carbon storage, biodiversity conservation and a shortage of highly skilled machine operators. Digital tools, precision forestry and automation will play a crucial role in
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Navigare Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 5 investments in Sweden Biotechnology startups

Welcome to Navigare Ventures. We invest in transformational early-stage companies at the frontier of science and technology.

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Investment focus

  • Industry: Biotechnology, Energy, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 10
  • Round size: Seed $2.7M–$6M; Pre-Seed $276k–$1.4M
  • Lead/follow: 55% lead, 45% follow

Portfolio highlights

  • AlixLabs — AlixLabs is an innovative startup enabling the semiconductor industry to scale down in a cost effective manner
  • EnginZyme — EnginZyme is a biotechnology company that specializes in biocatalysis. It creates products for easy and cost-efficient implementation of biocatalytic processes and helps the chemical industry transition to a sustainable way of operating.The company is driven by a mission to make biocatalysis the first choice for chemical process designersworldwide.
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
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Karolinska
VC Fund · Solna, Stockholms Lan, Sweden · 5 investments in Sweden Biotechnology startups

Karolinska Development aims to create value for patients, researchers, investors and society by developing innovations from world class science into products that can be sold or out-licensed with high returns. The business model is to: SELECT the most commercially attractive medical innovations; DEVELOP innovations to the stage where the greatestreturn on investment can be achieved; and COMMERCIALIZE the innovations through the sale of companies or out-licensing of products.Karolinska Development has developed a well-structured selection process to identify the most commercially attractive medical innovations screened by KIAB. Pharmaceutical development is a high-risk enterprise. In most cases, development projects fail because of side effects or insufficient efficacy. Successful selection of innovations is fundamental to Karolinska Development’s business model, which makes the inflow of new projects crucial. One key to success lies in selecting those innovations that can be developed from scientific findings to products and have significant commercial potential. To date, over 1,300 projects have been screened by KIAB.The portfolio companies are often founded together with the innovators and are initially operated as virtual companies with few or no employees. During the first six to twelve months, the companies normally have minimal fixed costs and technological development is outsourced.The innovator, who is often employed at an academic institution, normally participates as a board member and scientific advisor. The CEO of a portfolio company cooperates closely with a representative of Karolinska Development, who in most cases is also a board member of the company. The companies are capitalized to reach their next milestone, usually within a period of six to eighteen months. Development projects are continuously monitored, and those that do not meet their stipulated targets are discontinued. In the first three to four years, a portfolio company’s operating expenses are often limited to a few million Swedish kronor per year, which cover the cost of external studies and the salary of the staff. In subsequent years, Karolinska Development and other investors play an important role recruiting key expertise to the companiesKarolinska Development intends to realize value by exiting portfolio companies or through out-licensing of projects. Such transactions (especially out-licensing) are often structured as single upfront payments followed by payments based on predetermined milestones and royalties on sales. Although Karolinska Development has a flexible exit strategy, pharmaceutical products are, for two reasons, preferably exited at Phase II. First a successful Phase II study indicates that the pharmaceutical has an effect on patients, which is an important value-enhancing factor when negotiating out-licensing or sales. Secondly, finalizing product development and undertaking Phase III clinical trials frequently requires very large patient populations. In many cases this requires much greater resources than those available at Karolinska Development but these can be found in established pharmaceutical companies. Several licensing deals were closed in 2011 involving projects with a similar focus and development phase to Karolinska Development's projects.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Seed, Series A
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 23
  • Round size: Series A $1.3M–$73M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Henlez — Henlez is a Danish startup company.
  • OssDsign AB — OssDsign was founded in May 2011 by Professor Håkan Engqvist, Dr Thomas Engstrand, Bo Qwarnstrom, Jonas Åberg, Uppsala University AB and other leading clinical, preclinical and materials researchers and engineers. The key people in the company are presented below. OssDsign has in addition developed a network of international experts in ClinicalAffairs, Regulatory and Business Development.
  • Modus Therapeutics — Modus Therapeutics is a Swedish drug development company developing sevuparin – a novel drug to treat people suffering from Sickle Cell Disease – a painful, inherited blood disorder affecting millions of people around the globe.
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HealthCap
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Biotechnology startups

HealthCap, a life science investor and company creator. Our motivation is to find innovative ideas and invest that could impact healthcare and society.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A
  • Geography: United States, Sweden, France

Investor stats

  • Total investments: 109
  • Round size: Series A $5.5M–$55M; Series B $20M–$54M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Hemab — Hemab is pioneering the first preventative treatments and functional cures for patients with rare bleeding and thrombotic disorders.
  • ADCendo — ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment.
  • Vicore Pharma — Vicore Pharma is a pharmaceutical company dedicated to developing innovative medicines for severe lung disorders. It develops drugs that act through the AT2 receptor. The company’s drug candidate C21 aims to improve the treatment of idiopathic pulmonary fibrosis, a rare disease for which C21 has been granted orphan drug designation both in the EUand the US. In addition, C21 is explored pre-clinically in a number of rare diseases where the AT2 receptor plays an important role. The company is based in Astra Zeneca’s Bioventurehub in Mölndal.
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SEB Venture Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Biotechnology startups

SEB Venture Capital is a Fintech investor that helps entrepreneurs and innovators launch and grow profitable businesses. They primarily serve as a strategic corporate venture focused on Fintech investments, with the option of partnering with SEB. They are also on the hunt for game-changing inventive solutions to new technologies that will make thefinancial industry smarter, safer, and more environmentally responsible, as well as more user-friendly. They also function as an evergreen fund, giving them the flexibility and staying strength to focus on long-term wealth development depending on what is best for the firm and its shareholders.

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Investment focus

  • Industry: Software, Information Technology, Financial Services
  • Stage:Series A, Series B
  • Geography: Sweden, Denmark, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Series A $1.1M–$5M; Series B $2.2M–$23M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 1995

Portfolio highlights

  • Airsonett — Research-based medical technology company which leads the way in the development of non-pharmaceutical treatment for allergic asthma.
  • EnginZyme — EnginZyme is a biotechnology company that specializes in biocatalysis. It creates products for easy and cost-efficient implementation of biocatalytic processes and helps the chemical industry transition to a sustainable way of operating.The company is driven by a mission to make biocatalysis the first choice for chemical process designersworldwide.
  • Qvantum — Qvantum is driven by a passion for a sustainable future, built by a team of industry experts, and using groundbreaking innovation.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 4 investments in Sweden Biotechnology startups, 15 in the past 12 months

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Food and Beverage, Health Care
  • Stage:Seed, Series A
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 65
  • Round size: Seed $599k–$7.6M; Series A $1.1M–$21M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • LanguifyAI — Languify is an AI based language learning assistant which analyses, corrects, and tracks a user's spoken and written English across all platforms. The AI assistant prompts feedback and nudges that improve conversations in real-time that enable improvisation on the spot without any delay. It also enables users to learn at their own pace throughpersonalized learning plans and games designed to minimize repetition of errors.
  • Granular Energy — Granular Energy provides solutions for managing and trading clean energy. Our tools have been developed to support the recent emergence of 24/7 time-stamped energy certificates as well as traditional "annual" certificates.
  • Material Evolution — Material Evolution uses patented geopolymer technology and proprietary algorithms to create the most sustainable materials on the planet.Material Evolution’s first product is a cement mix made from 95% waste using its algorithm technology. Its smart concrete mix is 10X stronger, 5X more durable, and reduces carbon consumption by 85%. Mostimportantly, it’s economically viable for construction companies.
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Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 3 investments in Sweden Biotechnology startups

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

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Investment focus

  • Industry: Software, Gaming, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Iceland, Denmark, United States

Investor stats

  • Total investments: 34
  • Round size: Seed $1M–$3M; Pre-Seed $400k–$1.3M; Series A $6.1M–$15M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Embla — Embla provides an online medical weight loss treatment using prescription drugs and coaching. The company provides patients with evidence-based treatments, digital tools, medication, and coaching to facilitate sustainable weight loss. Embla was founded in 2021 and is headquartered in Copenhagen, Denmark.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Ellie.ai — Grasp your business needs and validate your product ideas before building your data pipelines. Use Ellie's conceptual data models and logical data models to design great data products.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Sweden Biotechnology startups, 6 in the past 12 months

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 138
  • Round size: Seed $482k–$3M; Series A $1.1M–$12M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $154M in 2022

Portfolio highlights

  • Haltian — End-to-end IoT solutions and world-glass product design services from Haltian
  • Commsignia — Commsignia specializes in the research and development, manufacturing and distribution of cooperative intelligent transportation systems. Its product line includes a V2X Communication Software Stack and Commsignia’s own security stack implementation, Hybrid V2X/ADAS Safety Applications, a V2X Simulator, On-Board Units (OBU) and Roadside Units(RSU).The company was founded in 2012 and is headquartered in Santa Clara, California.
  • Value.Space — Space based risk assessments & monitoring
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Noaber
VC Fund · Lunteren, Gelderland, The Netherlands · 2 investments in Sweden Biotechnology startups

Noaber Ventures invests in initiatives that bring social transformations using information technology.

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Investment focus

  • Industry: Health Care, Medical, Fitness
  • Stage:Seed, Series A
  • Geography: The Netherlands, Israel, Sweden

Investor stats

  • Total investments: 16
  • Round size: Seed $1.3M–$3.6M; Series A $3M–$20M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Newsenselab (M-sense) — M-sense is a certified medical app to combat migraines and headache. Our goal is to reduce 50% of headache days through a personalized therapy program - all in-app.
  • Elsa — Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives themaccess to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.
  • Alba Health — Discover your baby's gut health & microbiome for the best start in life.
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Novo Holdings
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Sweden Biotechnology startups, 19 in the past 12 months

Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Denmark, United Kingdom

Investor stats

  • Total investments: 225
  • Round size: Series A $6.5M–$63M; Series B $12M–$125M; Series C $12M–$105M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Octave — Octave is a national behavioral health practice that’s creating a new standard for care delivery that’s both high-quality and accessible to more people. With in-person and virtual clinics in California and New York, the company offers personalized care plans that can include individual therapy, couples therapy, and groups, while pioneeringrelationships with payers to make care more affordable through insurance. Grounded in science, Octave enables clients to experience profound change that is as measurable as it is meaningful.
  • Acesion Pharma — Acesion Pharma ApS is a Danish biotech company founded in 2011 and based in Copenhagen. Acesion Pharma develops more efficacious and safe drugs for the treatment of atrial fibrillation (AF), the most common type of cardiac arrhythmia.
  • Alentis Therapeutics — Alentis Therapeutics discovers and develops novel medications to treat advanced liver diseases.
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Segulah Medical Acceleration
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Biotechnology startups

Segulah Medical Acceleration is a Scandinavia-based investment company focusing on innovative medical technology companies in Europe.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical Device
  • Stage:Series A, Series D
  • Geography: Sweden, United States, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Series A $8.3M–$9.8M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Navinci Diagnostics — Navinci is a Swedish biotech company specializing in innovative proximity ligation assay -based solutions for spatial proteomics.
  • Allurion Technologies — Allurion Technologies is developing a medical device for weight loss that can be delivered and removed without surgery or endoscopy.
  • Signifier Medical Technologies — Driving Innovation in the Sleep MarketSignifier Medical Technologies (SMT) is a medical technology company focused on the development and commercialisation of innovative and non-invasive solutions for patients with sleep-disordered breathing conditions and snoring. Pioneers in challenging the wisdom of conventional sleep apnoea and snoring treatments, we've created the first daytime therapy that tackles the root cause of sleep-disordered breathing by physiologically retraining the airway against collapse.
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LIU Invest
VC Fund · Linköping, Ostergotlands Lan, Sweden · 2 investments in Sweden Biotechnology startups

LIU invests in companies that are based on projects and ideas from Linköping University. LIU Invest is focused on investments in early phases. Investments are typically 250 000, but can be doubled by an additional investment.

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Investment focus

  • Industry: Biotechnology, Information Technology, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 7
  • Round size: Seed $553k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • Epishine — Epishine's goal is to be able to provide the world's most scalable, resource efficient, and affordable solar modules. Epishine sells light energy harvesting modules to manufacturers of wireless products. The modules are used to harvest light in any lighting conditions, turning light into usable power.
  • LunaMicro — Technology company developing textile pumps based on electroosmosis and conducting polymers for a wide variety of applications including outdoor clothing, PPE, and medicine.
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Hadean Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Sweden Biotechnology startups

Hadean Ventures is a life science fund manager that invests in life science companies across europe with a particular focus on the nordic region. The funds are backed by leading private and institutional investors. Hadean Ventures has offices in oslo and stockholm and collaborates with world-class academic institutions and start-up hubs across theregion

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Series A, Series B
  • Geography: Sweden, Norway, Austria

Investor stats

  • Total investments: 19
  • Round size: Series A $3.7M–$42M; Series B $32M–$69M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Ribbon Biolabs — Ribbon Biolabs revolutionary technology for the fast and efficient automated synthesis of DNA is here to enable the new wave of biotechnological innovation.
  • Alex Therapeutics — The Alex DTx Platform enables partners within pharma and health care to effectively and reliably launch new DTx treatments by leveraging existing insights, modules, processes and data.
  • TargED Biopharmaceuticals — TargED Biopharmaceuticals is a biotechnology company that develops first-in-class biological drugs to improve treatment of thrombosis.TargED stands for Targeted Enzyme Delivery. Their biological drugs are unique by using small antibodies (“VhH”) to deliver enzymes to sites of thrombosis, enabling ‘targeted’ thrombolysis.
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Nina Capital
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Sweden Biotechnology startups, 15 in the past 12 months

We deploy early stage capital to fuel the growth of need-driven health technology companies.

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Investment focus

  • Industry: Health Care, Artificial Intelligence, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Austria

Investor stats

  • Total investments: 58
  • Round size: Seed $1.2M–$6M; Pre-Seed $573k–$964k; Series A $5M–$21M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • basys.ai — Basys.ai automates the process of prior authorization and utilization management to improve costs and timeliness for health plans/payers using an AI-based platform. The proprietary platform automates the process of encoding/digitizing the payer policies using machine learning, thus reducing the piloting timeline by up to 9 months.
  • Lillian Care — Lillian is building a nationwide network of health facilities in Germany.
  • ALFIE — AI software platform that provides consistent and automated measurements from radiographic images used to assess spinal disorders.
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BackingMinds
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Sweden Biotechnology startups

We help great minds unleash their full potential!

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Investment focus

  • Industry: Internet, Health Care, Medical Device
  • Stage:Seed, Series A
  • Geography: Sweden, Finland

Investor stats

  • Total investments: 16
  • Round size: Seed $240k–$2.1M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — raised $54M in 2022

Portfolio highlights

  • Mylla — Mylla is a digital marketplace for buying and selling food from farm to table.
  • Lingio — Lingio is driven by the vision of making language learning more fun! By combining gaming principles, social and education they are providing a truly fun experience to their users.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
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KTH Holding
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

KTH Holding is a state-owned limited company managed by KTH's University Board. It invests in promising startup companies that are based on research or teaching at KTH, with the aim of supporting commercialization and making it easier for new science to benefit society.

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Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 21
  • Round size: Seed $258k–$3M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • porkchop — In-space logistics for SmallSats in Low Earth Orbit and beyond.
  • Novatron — A new fusion reactor design for stable plasma confinement and fusion power generation.
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Klimatet Invest
VC Fund · Gothenburg, Vastra Gotaland, Sweden · 1 investments in Sweden Biotechnology startups

Klimatet Invest is to create long-term value growth by investing relatively early in idea companies with good growth potential in cleantech and at the same time contributing to a more sustainable society.

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Investment focus

  • Industry: Energy, Battery, GreenTech
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • Ligna Energy — Ligna Energy is a green-tech start-up company developing disruptive technology and products for large-scale stationary electrical energy storage. The battery technology is made from cheap forest-based materials and organic polymers in combination with a water-based electrolyte. This is a unique solution foundation - enabling the world to shifttowards a fossil free energy system.
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Josefin Landgård
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Josefin Landgård is the Founder and CEO of Mantle. Previously she served as the Co-Founder and COO at KRY back in March 2014 to September 2018.

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Investment focus

  • Industry: Health Care, Medical, Women's
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Sweden, France

Investor stats

  • Total investments: 8
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Estrid — Estrid is an online portal that offers women's personal care products.
  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • Elsa — Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives themaccess to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.
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TPG Growth
VC Fund · San Francisco, California, United States · 1 investments in Sweden Biotechnology startups

A leader in the alternative asset space, TPG was built for a distinctive approach, managing assets through a principled focus on innovation.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Series C, Private Equity, Series B
  • Geography: United States, India, China

Investor stats

  • Total investments: 114
  • Round size: Series B $17M–$115M; Series C $3.5M–$137M; Private Equity $30M–$1.3B
  • Lead/follow: 52% lead, 48% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • PolicyBoss — PolicyBoss provides free online insurance quotes, where the customer can get a free quote and buy insurance policy. We have a range of products from a large selection of insurance companies.PolicyBoss is one of India’s largest retail broking firm in motor insurance.Advantage to take insurance from PolicyBoss, is that we offer online add-onservices & convenient and easy online payment process.
  • Fibe (Formerly EarlySalary) — Get instant loans up to Rs. 5L with tenures up to 24 months & rates as low as 2.5% p.m. Check your eligibility now.
  • Dr. Agarwal's — Dr. Agarwals eye hospital with best eye specialist and 135+ hospitals in India providing best eye disease treatment since 1957. Book an appointment now!
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Teknoinvest
VC Fund · Oslo, Oslo, Norway · 1 investments in Sweden Biotechnology startups

Teknoinvest is a premier Scandinavian venture capital company. They invest in areas of emerging technologies within the ITC and Life Sciences sectors. Their main geographical scope is Scandinavia and the USA. Teknoinvest was established as the first venture capital investment company. Teknoinvest is one of the most successful VC´s in Scandinaviaaccording to track record of value created for their investors.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series B, Series A
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 23
  • Round size: Series A $1.2M–$12M; Series B $6M–$29M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • GLO — glō is a venture-backed company focused on the development and commercialization of advanced LED display products using nanotechnology. The unique nanotechnology is based on 11 years of research at Lund University’s Nanometer Structure Consortium. Headed by Professor Lars Samuelson, one of the world’s leading scientists in this field, who haspublished more than 500 papers related to this technology.glō's first office is in Lund, Sweden, where basic material research continues for the next generation nanotechnology. glō's research and product development along with pilot fabrication operation is carried out at glō-USA in Sunnyvale, California. In 2016, glō established an Asia office in Taipei, Taiwan, one of the largest and fastest-growing regions for LED lighting and display applications.glō's technology sidesteps the technical limitations of current planar LED technology. It allows for the creation of highly efficient, stable and ultimately unique red, green, blue (RGB) emitters out of one material system. It aims to achieve the industry’s best color stability and ultimately enables the growth of red, green and blue emitters on the same wafer. Highly-efficient white LEDs with high color rendering will be possible without the need for phosphor conversion. It is the next enabling technology for advanced display, illumination and automotive applications.glō nanowire light-emitting diodes (nLEDs) are based on its proprietary hetero-structured semiconductor nanowire epitaxial growth and process technologies for which standard manufacturing equipment and materials can be utilized.glō currently holds over 175 patents across US, Europe and Asia. These patents are not subject to any cross-licensing with the LED oligopoly. The glō team is constantly strengthening its intellectual property position in this technology and related applications.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Sol Voltaics — Founded in 2007, Sol Voltaics AB is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary heterostructured nanowire epitaxial growth and process technologies.
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Innovations Kapital
VC Fund · Göteborg, Vastra Gotaland, Sweden · 1 investments in Sweden Biotechnology startups

InnovationsKapital was founded in 1994 and is a leading independent venture capital firm for innovative growth companies in the Nordic region. The business, carried out from offices in and Stockholm, Gothenburg and New York, is focused on investments within ICT and Healthcare & Life Sciences, dynamic sectors that are rapidly expanding and whereNordic research plays an important role. The capital is provided by highly reputable Swedish and international institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series B, Series C
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 19
  • Round size: Series B $5.6M–$30M; Series C $5.5M–$15M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Silecs — PiBond manufactures materials used in electronic devices, including patterning materials for semiconductors and optical materials. We also develop complete solutions that allow our clients to focus on creating innovative products.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Action Pharma — Providing a surprisingly human shopping experience. Trusted and secure. Millions of domains to choose from.
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Porte Monnaie
VC Fund · 1 investments in Sweden Biotechnology startups

Porte Monnaie is an early and active investor for startup companies and passive investors in listed companies with growth potential. Porte-Monnaie's mission is to invest in Swedish companies.

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Investment focus

  • Industry: Health Care, Biotechnology, Science and Engineering
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Gedea Biotech — Gedea Biotech develops an antibiotic-free, safe and effective treatment of vaginal fungal infections. Vaginal yeast infections are a major problem that affects about 75% of all women at some point in life. Gedea Biotech's substance, GA101, is a natural substance that has always been part of their environment. It acts by lowering the pH as wellas providing a physical barrier protection and inhibiting biofilm formation. The first product will be a topical treatment of vaginal fungal infections.
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Partnerinvest Norr
VC Fund · Piteå, Norrbottens Lan, Sweden · 1 investments in Sweden Biotechnology startups

Partnerinvest Norr is a private equity firm specialized in software, security, and biometrics sectors. Partnerinvest Övre Norrland AB is a venture capital firms that seeks to invest in limited companies which have are in the expansion phase.

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Investment focus

  • Industry: Online Portals, Apps, Biotechnology
  • Stage:Series A, Corporate Round
  • Geography: Sweden, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $1.5M–$3.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Elastisys — Elastisys provides fully-managed Kubernetes Platform as a Service, GDPR-ready on EU clouds with optional PostgreSQL, RabbitMQ, and Redis.
  • Future Ordering — From Future Ordering.
  • Once Upon Publishing — The new way to make photo books.
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Forbion Capital Partners
VC Fund · Naarden, Noord-Holland, The Netherlands · 1 investments in Sweden Biotechnology startups, 8 in the past 12 months

Impacting the future of medicine.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A, Series C
  • Geography: United States, United Kingdom, The Netherlands

Investor stats

  • Total investments: 118
  • Round size: Series A $4.5M–$30M; Series B $12M–$115M; Series C $5.6M–$65M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Mariana Oncology — Mariana Oncology is a biotechnology research industry.
  • Seamless Therapeutics — Seamless Therapeutics is changing the paradigm of gene editing through a pioneering approach to restore health in patients with severe conditions in a safe and precise manner. Seamless technology platform unlocks the reprogramming of recombinases, a highly versatile class of enzymes.
  • Complement Therapeutics — Turning powerful new Complement System insights into innovative treatments Developing the next generation of complement medicines [chevron-down] Turning powerful new Complement System insights into innovative treatments Developing the next generation of complement medicines [chevron-down] Geographic atrophy (late dry age-related macular degeneration) is a chronic eye condition that affects millions - and for which there is
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Ysios Capital
VC Fund · San Sebastian, Pais Vasco, Spain · 1 investments in Sweden Biotechnology startups

Leading #lifesciences #venturecapital firm financing highly #innovative #biotechnology companies #worlwide.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: Spain, United States, Switzerland

Investor stats

  • Total investments: 65
  • Round size: Series A $2.1M–$40M; Series B $17M–$37M; Series C $27M–$48M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • VarmX — VarmX is a pharmaceutical spin-off from the Leiden University Medical Center. The mission of VarmX is to develop and manufacture therapeutic proteins to instantaneously restore blood clotting in bleeding patients. The lead product in the pipeline of VarmX is PseudoXa. PseudoXa is a modified recombinant human coagulation factor X which is capable ofimmediately restoring blood clotting in the presence of direct factor Xa anticoagulants (DOACS) such as rivaroxaban, apixaban, and edoxaban.These factor Xa coagulants are taken by millions of patients world-wide for the prevention and treatment of thrombosis and stroke, but as a side effect severe bleeding often occurs. PseudoXa is capable of stopping and preventing such bleedings thus making the usage of DOACS much safer.
  • Xeltis — Xeltis is pioneering a restorative approach in cardiovascular therapy.
  • ADCendo — ADCendo ApS is a biotech company dedicated to developing new types of anti-cancer drugs. We focus on antibody-drug conjugates (ADCs) directed at novel targets, that have been found to be overexpressed by several cancer forms, that are all characterized by a significant unmet need for novel treatment.
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Sofinnova Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Sweden Biotechnology startups, 21 in the past 12 months

Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability. Based in Paris, London and Milan, the firm brings together a team of professionals from all over the world with strong scientific, medical and business expertise.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: France, United States, United Kingdom

Investor stats

  • Total investments: 232
  • Round size: Series A $4.4M–$53M; Series B $7M–$57M; Series C $10M–$54M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Crescendo Biologics — Crescendo Biologics is a new Cambridge-based company whose vision is to deliver next-generation antibody therapeutics based on novel class-leading platforms.The focus of the company is on developing platforms that will address key issues in generating high-affinity, soluble, human VH antibody fragments. These are the smallest fragments thatretain antibody binding, and have many desirable properties as potential therapeutics. Crescendo will then utilise these platforms for product development of in-house targets or in partnership with other companies.
  • Sitryx Therapeutics — Sitryx is a biopharmaceutical company focused on regulating cell metabolism to develop first-in-class disease modifying therapeutics in immuno-oncology and immuno-inflammation. The company was co-founded by a team of world-leading scientists from the United States and Europe who have contributed significantly to the field of immunometabolism.Sitryx was founded in 2018 with seed funding from SV Health Investors and raised $30 million Series A funding from an international syndicate of specialist investors including SV Health Investors, Sofinnova Partners, Longwood Fund and GSK. The company has a pipeline of projects at multiple stages of drug discovery. Sitryx is headquartered in Oxford, UK.
  • Tenpoint Therapeutics — Tenpoint Therapeutics is a biotechnology company pursuing vision-restoring engineered cell-based therapeutics.
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Nxt2b
VC Fund · Uppsala, Uppsala Lan, Sweden · 1 investments in Sweden Biotechnology startups

Nxt2b is a venture capital company focused on investments in healthcare, pharmaceuticals companies, and medical devices.

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Investment focus

  • Industry: Health Care, Biotechnology, Health Diagnostics
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Navinci Diagnostics — Navinci is a Swedish biotech company specializing in innovative proximity ligation assay -based solutions for spatial proteomics.
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Inter Ikea
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Sweden Biotechnology startups

Inter IKEA Group's aim is to secure continuous improvement, development, expansion and a long life of the franchising operation.

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Investment focus

  • Industry: Software, Furniture, Health Care
  • Stage:Seed, Corporate Round
  • Geography: Germany, Sweden, Denmark

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • nyris — Our custom search engines make it easy for people to find products, spare parts, and components for industry and eCommerce
  • NORNORM — NORNORM is a subscription-based furnishing model, letting your business adapt to the needs of tomorrow. Beautiful, affordable and fully circular.
  • Impossible Materials — Enabling sustainable products
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Kale United
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Kale United offers a portfolio of over 75+ plant-based game changers

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Investment focus

  • Industry: Food and Beverage, Food Processing, Biotechnology
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Sweden, India

Investor stats

  • Total investments: 20
  • Round size: Seed $330k–$1.4M; Pre-Seed $100k–$945k
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
  • THE PACK — Nutritionally complete vegan dog food. Grain-free & developed with food scientists & animal nutritionists, try our delicious vegan dog food now.
  • Swedish Temptations — Swedish Temptations, founded in 2019 by CEO Pia Qvarnström, built a brand named Bärta for producing organic, vegan and fermented food. The ingredients include Swedish split peas.
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Hampus Jakobsson
Angel · Malmö, Skane Lan, Sweden · 1 investments in Sweden Biotechnology startups

Hampus Jakobsson is a General Partner at early stage climate tech venture fund Pale Blue Dot.Prior to co-founding Pale Blue Dot, Hampus was a Venture Partner at science fund Blue Yard and a prolific angel investor with >100 angel investments. He co-founded of The Astonishing Tribe (acquired by Blackberry in 2010 for $150m). He left Blackberry2012 to found Brisk.io a sales productivity tool which folded 2016.

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Investment focus

  • Industry: Health Care, Software, Artificial Intelligence
  • Stage:Seed, Angel, Series A
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 38
  • Round size: Seed $155k–$2.1M; Angel $92k–$1.2M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • ClimateView — ClimateView is a Swedish climate action technology company that helps cities transform climate planning into progress. We combine data, agent-based modelling and interface design to help cities successfully manage the transition to zero carbon economies.
  • Mojo — Laboratory-grade AI-powered semen test at home. Test your sperm count, motility, volume and concentration with the Mojo kit. Check your fertility from home at low cost.
  • Volta Greentech — Battling global warming by reducing methane emissions from cows
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Flerie Invest
VC Fund · 1 investments in Sweden Biotechnology startups

Flerie is an active long-term life science investor, focusing on biotech and pharmaceutical investments globally.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B
  • Geography: Sweden, Israel, Iceland

Investor stats

  • Total investments: 13
  • Round size: Series A $2.5M–$21M; Series B $12M–$75M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • AnaCardio — AnaCardio develops drugs targeting a novel mechanism that improves cardiac contractility and aims to improve clinical outcomes in heart failure.
  • XNK Therapeutics — XNK Therapeutics, founded in 2012, is one of the pioneering companies within the landscape of cell therapy.
  • Vitara Biomedical — Vitara Biomedical has developed a therapeutic platform to support premature infants. Vitara Biomedical's platform was inspired by natural physiological processes to transform neonatal care.
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3B Ventures
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Sweden Biotechnology startups

Premium domains add authority to your site. Transparent pricing. 1 year WHOIS privacy included. 30-day money back guarantee.

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Investment focus

  • Industry: Medical, Biopharma
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AnaCardio — AnaCardio develops drugs targeting a novel mechanism that improves cardiac contractility and aims to improve clinical outcomes in heart failure.
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Ferd
VC Fund · Lysaker, Akershus, Norway · 1 investments in Sweden Biotechnology startups

Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Private Equity, Post-IPO Equity
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 54
  • Round size: Private Equity $11M–$13M; Post-IPO Equity $1M–$38M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2005

Portfolio highlights

  • Ludenso — Ludenso is a software developer of AR solutions for the education industry. To make education more creative and engaging, we are giving editors, authors, and teachers the power to bring their learning resources to life through 3D models, animations, videos, and audio support. This is made possible through the Ludenso Studio, where they can createinclusive learning experiences that enables students to learn in their own way.
  • wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
  • Nofence — Nofence is a system virtual fencing for grazing animals. Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian ag-tech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock managementsince pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. From the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.
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Norrlandsfonden
VC Fund · Luleå, Norrbottens Lan, Sweden · 1 investments in Sweden Biotechnology startups

Norrlandsfonden, a trust fund, develops companies across all industries from production industry and tourism to IT and biotechnology.

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Investment focus

  • Industry: Information Technology, Software, Pharmaceutical
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 6
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Leeroy — Leeroy provides a technology platform that transforms customer data into marketing both on-site in-store and mobile. Leeroy provides merchants with tools to communicate and interact with the customer in real time leveraging efficiency, revenues and customer experience putting the merchant in the driver seat. The company's platform is aproduction and distribution tool for several different digital channels: in-store with communication by digital signage and by mobile to enhance loyalty.
  • Codemill — Codemill is an IT-company, providing consultancy services as well as doing research and developing their own products. As consultants, they provide development of new systems, maintenance and support for old systems, and also on-site consultants. They are typically involved in development processes all the way from defining goals and requirements,through development and testing, to integration and evaluation. As partners they are reliable, engaged and competent: most of their employees have an MSc degree (or higher) in Computing Science or Interaction Design. Since starting up in 2007 they have increased their turnover almost double every year and grown to over 30 employees. They look forward hearing from you!
  • Crosser — Low Code Platform, purpose-built for real-time processing of streaming data for Industrial IoT and Intelligent Workflows.
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LUBio Science
VC Fund · 1 investments in Sweden Biotechnology startups

LubioScience is Switzerland's biggest Life Sciences distributor. 120+ high quality suppliers, 4.5 million research products. Next day carbon-neutral delivery.

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Investment focus

  • Industry: Therapeutics, Biotechnology, Medical Device
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cantargia — The company is based on the original discovery that leukemic stem cells in patients with chronic myeloid leukemia (CML) express a cell-surface receptor, whereas corresponding normal hematopoietic stem cells do not express this receptor. Stem cells from patients with acute myeloid leukemia (AML) and acute lymphocytic leukemia (ALL) has also beenshown to have and upregulation of the receptor. Cantargia uses this receptor, the Interleukin-1 receptor accessory protein (IL1RAP), as the target for development of a novel antibody-based therapy for leukemia
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Colibri Ventures
VC Fund · Solna, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Colibri Ventures invest in early-stage life science companies and help accelerate their innovations into commercial products.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical Device
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Pixelgen Technologies — Understand the role of proteins in cellular organization with spatial proteomics. Get ahead in the field of proteomics with us.
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FBG Invest
VC Fund · 1 investments in Sweden Biotechnology startups

FBG Invest

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Investment focus

  • Industry: Biotechnology, Manufacturing, Food Processing
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Mycorena — Fungi-based, next-generation vegan protein. A food manufacturing solution superior to plants, using significantly less resources.
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Länsförsäkringar
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Länsförsäkringar is a Swedish group of public insurance companies.

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Investment focus

  • Industry: Manufacturing, Apps, Mobile
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 4
  • Round size: Seed $553k–$746k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Wrapp — THE NEW STANDARD HAS ARRIVED. Wrapp is The New Standard for rewarding purchases and customer loyalty. The end to an era of irrelevant advertising and outdated memberships. Wrapp connects to our users’ payment cards, and analyzes transactions to learn their buying behavior. This way, our users only get rewards from brands they're interestedin. And by sticking to cashback returns, we make sure they get rewards they actually find useful. Simply put, we put purchasing power in the hands of consumers, and meaningful marketing in the hands of brands.
  • Altris — Altris is a leading developer of sodium-ion batteries, offering superior performance and sustainability. Our innovative energy storage solutions are made from abundant and renewable materials, revolutionizing the way we power the world. Discover our cutting-edge technology today.
  • Vindmark — Innovativ effektiv vindkraft
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Fibonacci Growth Capital
VC Fund · 1 investments in Sweden Biotechnology startups

Fibonacci Growth Capital is a venture capital investment firm.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical Device
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Pixelgen Technologies — Understand the role of proteins in cellular organization with spatial proteomics. Get ahead in the field of proteomics with us.
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Almi Invest GreenTech
VC Fund · 1 investments in Sweden Biotechnology startups

Almi Invest GreenTech is a venture capital company and an active start-up investor.

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Investment focus

  • Industry: Waste Management, Chemical, Recycling
  • Stage:Seed, Series A
  • Geography: Sweden

Investor stats

  • Total investments: 11
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Zparq — Zparq designs and manufactures marine electric propulsion products.
  • Cellfion — Cellfion provides sustainable materials for next level clean energy storage and conversion devices.​
  • EnginZyme — EnginZyme is a biotechnology company that specializes in biocatalysis. It creates products for easy and cost-efficient implementation of biocatalytic processes and helps the chemical industry transition to a sustainable way of operating.The company is driven by a mission to make biocatalysis the first choice for chemical process designersworldwide.
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Additio Investment Group
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Sweden Biotechnology startups

Value creation for Healthcare & Life Sciences Ventures through capital, expertise, international network.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series A
  • Geography: United Kingdom, Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orthox Ltd. — Founded to commercialise technology developed at Oxford University, Orthox aims to revolutionise the way cartilage injuries are treated. Trauma and erosion of the smooth, stiff cartilage in our joints leads to Osteoarthritis (OA) a debilitating disease, which affects over 300 million patients globally and costs the US economy alone over $128billion each year. Current therapies to repair damaged cartilage focus either on tissue regeneration or on functional replacement; Orthox’s exceptionally strong, resilient, regenerative hydrogel technology, FibroFix™ achieves both these goals, offering a unique solution for the millions of patients suffering from damage to their joints. Initially targeting the knee, Orthox has developed a compelling set of data on lead product FibroFix™ Cartilage which has secured major awards from multiple funding bodies and will shortly enter clinical trials. FibroFix™ technology will then be rolled out to treat other joints and Orthox also has pipeline developments beyond orthopaedics in which strength and tissue regeneration are key. Pipeline expansion is valuable as growth in the annual global biomaterials market will exceed $250 billion by 2025. Orthopaedic biomaterials will form the largest proportion of this and natural biomaterials, like FibroFix™, will be the fastest growing market segment. Orthox: Reducing Pain, Increasing Mobility, Regenerating Strength™.
  • Gedea Biotech — Gedea Biotech develops an antibiotic-free, safe and effective treatment of vaginal fungal infections. Vaginal yeast infections are a major problem that affects about 75% of all women at some point in life. Gedea Biotech's substance, GA101, is a natural substance that has always been part of their environment. It acts by lowering the pH as wellas providing a physical barrier protection and inhibiting biofilm formation. The first product will be a topical treatment of vaginal fungal infections.
  • Oxford Endovascular — Oxford Endovascular are developing a novel treatment for treating brain aneurysms. The Oxford technology uses a special laser-cut metal alloy which has a shape-memory. It can be posted into a catheter during surgery, inserted into the brain and opened up into a tiny tube mesh (‘flow diverter’) that fits into the natural shape of the blood vessel.This diverts the blood away from the aneurysm, allowing it to heal.
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Per Båtelson
Angel · 1 investments in Sweden Biotechnology startups

Per Båtelson

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Investment focus

  • Industry: Medical, Health Care, Medical Device
  • Stage:Seed, Angel
  • Geography: Sweden, United States

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Elsa — Elsa is a platform for patient driven research for better drugs, health and prevention. Elsa lets patients become their own personal researchers by providing them with a better understanding around how lifestyle factors may affect their disease activity measurements for chronic disease. To support them from a scientific perspective, Elsa gives themaccess to data on their specific disease (initially we work with rheumatoid arthritis) through the Riskminder foundation and scientific studies at Karolinska Institutet.
  • Valar Labs — AI to Make Oncologists Smarter
  • Imaginecare — Imaginecare is a self-care support that helps patients with long-term health challenges to a better life. Imaginecare consists of a technical platform supplemented with a range of services and analysis tools that together offer a complete solution for healthcare.
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Beijer Ventures
VC Fund · 1 investments in Sweden Biotechnology startups

Beijer Ventures is an investment Firm.

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Investment focus

  • Industry: Health Care, Biotechnology, Renewable Energy
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Epishine — Epishine's goal is to be able to provide the world's most scalable, resource efficient, and affordable solar modules. Epishine sells light energy harvesting modules to manufacturers of wireless products. The modules are used to harvest light in any lighting conditions, turning light into usable power.
  • Navinci Diagnostics — Navinci is a Swedish biotech company specializing in innovative proximity ligation assay -based solutions for spatial proteomics.
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Landegren Gene Technology
VC Fund · 1 investments in Sweden Biotechnology startups

Landegren Gene Technology

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Investment focus

  • Industry: Health Care, Biotechnology, Health Diagnostics
  • Stage:Series A
  • Geography: Sweden

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Navinci Diagnostics — Navinci is a Swedish biotech company specializing in innovative proximity ligation assay -based solutions for spatial proteomics.
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Bonnier Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies and funds of various sizes.

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Investment focus

  • Industry: Health Care, Digital Media, Software
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, Germany

Investor stats

  • Total investments: 51
  • Round size: Seed $1M–$4.8M; Series A $3.2M–$21M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Medoma — Medoma is a Swedish virtual ward company that offer patients acute hospital care in their home instead of in the hospital.
  • Natural Cycles — Natural Cycles birth control is 93% effective with typical use and 98% effective with perfect use. Learn more about hormone-free birth control today.
  • Kyra — Kyra is a Gen-Z entertainment company creating engaging digital content that resonates with youth culture. We represent world class digital native talent, produce digital content with the biggest and best consumer brands and develop media properties publishing daily content on platforms that matter to Gen Z. Kyra has the ability to not onlytarget but truly engage with the Gen-Z audience through content that resonates based on real-time audience data from our proprietary KyraIQ technology. Our inclusive, ahead-of-the-trend content and content creators make us the ultimate destination for the Gen-Z consumer who wants to be inspired by their own community. Our approach and creativity is based on data and insights and has proven to engage this audience better than any traditional publisher. We house a talent agency representing and collaborating with the leading Gen Z social stars such as Abby Roberts and Noen Eubanks; a global content studio creating award-winning content for youth-seeking brand partners such as Converse and HP; and a newly developed portfolio of media properties publishing daily content on Gen Z-native platforms around beauty, fashion, adventure, food, gaming and entertainment.Kyra engages Gen Z better than any traditional publisher, with an audience of 78 million social media followers racking up 750 million monthly video views in 190 countries around the globe. We know exactly where Gen Z is spending their time online and we respect their interests and passions. That result is content that is meaningful and fosters long term engagement for blue chip brands. Our team are experts on Gen Z culture, whether they are producing, managing, creating or marketing in New York, London and Los Angeles. Learn more at https://kyra.com/reel
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Simon Fredriksson
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Sweden Biotechnology startups

Simon Fredriksson is the Co-Founder and CEO of Pixelgen Technologies. He attended Stanford University School of Medicine in 2003.

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Investment focus

  • Industry: Biotechnology, Medical, Genetics
  • Stage:Seed
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SAGA Diagnostics — SAGA Diagnostics AB is a personalized cancer diagnostics and disease monitoring company focused on molecular genetic analyses of a powerful cancer biomarker: circulating tumor DNA (ctDNA). The company was founded in 2016 as a spin-out from a highly successful research group at Lund University, with a mission to improve precision cancer medicine,provide more accurate treatment monitoring, and improve patient survival using minimally-invasive liquid biopsy cancer testing services and kits.The SAGA team consists of renowned scientists, highly qualified staff and an experienced management team who work together to launch SAGA’s ultrasensitive services and products as part of the ongoing revolution in cancer research, drug development, and clinical diagnostics. SAGA’s proprietary tests can help patients, oncologists, and drug developers detect actionable mutations, stratify patient groups, and monitor treatment response, residual disease, and disease recurrence at an unprecedented sensitivity.
  • Pixelgen Technologies — Understand the role of proteins in cellular organization with spatial proteomics. Get ahead in the field of proteomics with us.
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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Sweden Biotechnology startups, 56 in the past 12 months

European Investment Bank (EIB) provides lending, borrowing, and treasury services primarily in the European Union.The company offers project loans for the public and private sectors; loans to banks and other intermediaries; structured finance products; guarantees and securitization instruments for senior and subordinated debts; project bonds;equity and fund investment products such as infrastructure equity and debt funds, and environmental funds; and venture capital funds and security packages for funds.The company also offers microfinance; risk sharing finance for research, development, and innovation projects; finance and technical expertise for sustainable energy projects; infrastructure project advisory services; support for urban development projects; guarantees for transport infrastructure; and funding for public-private partnerships and small- and medium-sized enterprises.EIB serves the transportation, global loans, energy, industry, health, education, water, sewerage, infrastructure, services, telecommunications, agriculture, and fisheries sectors.European Investment Bank was founded in 1958 and is based in Luxembourg.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, Ireland

Investor stats

  • Total investments: 202
  • Round size: Post-IPO Debt $6.4M–$536M; Debt Financing $11M–$321M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Valmet — Valmet is the leading global developer and supplier of technologies, automation and services for the pulp, paper and energy industries.
  • CTP — CTP NV is a real estate company that owns and develops industrial and logistics parks.
  • Cofina Ivory — Cofina Ivory is a savings and credit institution that operates in the sector of mesofinance.
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Biotechnology Investor funding in Sweden at a glance

Stats across 174 deals from 168 investors.

168
investors
in Sweden Biotechnology startups
174
deals
in Sweden Biotechnology startups
$2.1M
median round
in Sweden Biotechnology startups
33%
lead investors
lead at least one round
16%
Seed
most common funding stage
92/8
VC / Angel
share of investor count

Access all 168 investors in Sweden Biotechnology startups.

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