Bringing Nordic breakthrough innovations to the world

10–50

million SEK in first ticket size

5

billion SEK, funds under management

19

investment professionals

50+

portfolio companies

18

IPOs

Seed to A-round funding

We invest in early-stage companies, from seed to A-round funding, and sometimes earlier. Our first ticket is often 10-50 million SEK, with the capacity to invest considerably more during the lifecycle. Smaller tickets is also considered in an earlier stage for exceptional technologies.

In it for the long run

Our fund has an evergreen structure allowing us to focus less on short-term wins and focus more on investments that will create long-term value.

Our areas of expertise

Deep tech

We invest in advanced technology that addresses important societal issues. We have a special interest in advanced materials, industry 4.0, energy, advanced computing, AI, and synthetic biology.

Life science

We invest in the commercialization of products and services, grounded in solid science, which address an unmet medical need. We have expertise in biotech, medtech and healthtech.

Transformative tech

We invest in transformative tech and business models to create the industry of tomorrow. We mostly stay within the B2B space but invest in a broad range of industry verticals.

What we look for

Unique, scalable innovations that have a meaningful impact on our society.

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Passionate founders that can turn their ideas into reality.

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Ideas with the potential to change a whole industry – or create a new one.

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If this sounds like you, please reach out to the team. Connect ↗

Industrifonden was founded by the Swedish government in 1979 as an independent foundation to provide Swedish industry with an innovation growth engine. For more than forty years, we have partnered with high-tech ventures in deep tech, life science, and transformative business.

Today, we are an independent venture capital fund continuing our legacy by partnering with innovators and entrepreneurs to bring Nordic breakthrough innovations to the world.

We invest in early-stage companies and our first ticket is often 10-50 million SEK, with capacity to invest considerably more during the lifecycle.

We primarily invest in Swedish innovations, as well as the Life Science and Deep Tech industries across the Nordics.

At Industrifonden, we focus less on short-term wins and more on successful long-term investments that will create lasting value and benefits to our society.

We’re in it for the long run, because experience has taught us that developing fundamental innovations takes time.