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    • Deep tech
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Novel treatment for heart failure

Novel treatment for heart failure

Heart failure is the leading cause of hospitalization and death globally. AnaCardio is a biotech company in the clinical stage that is developing a small molecule pharmaceutical with a novel potential first-in-class treatment option. Based on world-leading research from Karolinska Institutet leading to the discovery of a disease-modifying mechanism they provide a unique approach with the potential to save millions of lives.

anacardio.com ↗

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3D printing for aerospace and medical applications

3D printing for aerospace and medical applications

Arcam was a pioneer within 3D printing for aerospace and medical applications. Their patented technology, the EBM process, utilizes a high-power electron beam that generates the energy needed for high melting capacities and high productivity. Arcam was acquired by GE Group for 6 billion SEK.

Arcam ↗

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Reprogramming cancer cells to immune cells

Reprogramming cancer cells to immune cells

What if you could reprogram a cancer cell into an immune one? It sounds like science fiction but through years of research, Asgard Therapeutics might have found the solution on how to do just this. The technology is focused on direct cell reprogramming to discover novel approaches for cancer immunotherapy.

asgardthx.com ↗

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Remodeling syntetic material into bones

Remodeling syntetic material into bones

Bonesupport develops and markets CERAMENT®, an innovative range of radiopaque injectable osteoconductive and drug-eluting bioceramic products that have a proven ability to heal defects by remodeling to host bone in six to twelve months. Their products are effective in treating patients with fractures and bone voids caused by trauma, infection, disease or related surgery. The company was listed in Stockholm in 2017. Industrifonden exited in 2022.

bonesupport.com ↗

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Electrifying the hydraulics industry

Electrifying the hydraulics industry

Cascade Drives revolutionary technical solution enables energy savings of 60 percent for the global market for hydraulic-based systems. With its patented technology, Cascade Drives dramatically reduces energy consumption and environmental impact, while increasing productivity.

cascadedrives.com ↗

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Early detection of cancer

Early detection of cancer

Elypta is a diagnostics firm pioneering metabolism-based liquid biopsies. Its technology allows for non-invasive, safe, and cost-effective tests needed for early cancer diagnoses and for patients’ continued monitoring. Starting with kidney cancer, Elypta’s technology is being developed to ultimately be validated across multiple cancers.

elypta.com ↗

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The future of sustainable chemical production

The future of sustainable chemical production

By replacing traditional fossil-based manufacturing of chemicals with a cell-free technology platform, EnginZyme seeks to play a key role in solving one of the fundamental challenges of our time – how to produce better, greener, and cheaper products that we use every day. The cell-free biomanufacturing platform combines the breadth and power of biology and the efficiencies of the chemical industry.

enginzyme.com ↗

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Helping marketers be data-driven

Helping marketers be data-driven

Data without context is meaningless – or even misleading. Funnel offers a solution for performance marketers to make sense of all data by providing fully automatic data imports from >500 data sources and turning it into “business-ready data”. The data and insights are presented in real-time, allowing for marketers to optimize their performance marketing.

funnel.io ↗

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Novel therapies for acute kidney injury

Novel therapies for acute kidney injury

Guard Therapeutics is a Swedish biotech company on a mission to provide breakthrough treatment for patients with acute kidney injury. The company’s investigational drug RMC-035 is being developed as a kidney protective treatment in connection with open heart surgery. 

guardtherapeutics.com ↗

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The future of power electronics

The future of power electronics

KISAB is an innovative provider of silicon carbide substrates, striving to define the future of the semiconductor industry. The company has developed a new process for providing silicon carbide substrates at superior cost and quality. This enables the device manufacturers to further push the limits of performance in future power electronics.

kisabsemi.com ↗

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Streaming service for books

Streaming service for books

Since the company was launched, it has developed into a fast-growing platform that enables the unlimited distribution of stories and knowledge in various digital formats. For a fixed monthly fee, customers can get unlimited access to popular titles across all genres. Today, Nextory is launched in 10 markets and is one of the Nordic region’s largest subscription services for audio and e-books.

nextory.se ↗

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The original oat drink company

The original oat drink company

Oatly is the original oat drink company and a company that is built on the idea of change and in the 1990s, they set out to create a plant-based drink that was in tune with the needs of both humans and the planet. Oatly’s patented method uses natural enzymes to transform fiber-rich oats into a nutritional liquid. There was a partial exit in conjunction with an IPO in 2021.

oatly.com ↗

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Therapies for hematological cancers

Therapies for hematological cancers

Oncopeptides is a biotech company focused on the development of targeted therapies for difficult-to-treat hematological cancers. The company is science-driven and committed to bringing innovation to patients with unmet needs and improving patient lives. There was a partial exit in 2018.

oncopeptides.com ↗

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Fully transparent solar cells

Fully transparent solar cells

The world’s first plasmonic solar cell is finally here! Peafowl Plasmonics brings new and sustainable energy solutions with its fully transparent light-collecting cells – empowering low-power devices that benefit from self-powering such as indoor sensors, e-paper displays, and dynamic windows.

peafowlplasmonics.com ↗

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Modernizing pulsed power

Modernizing pulsed power

Radiation therapy, scientific research, and various industrial processes – are all contexts for which pulsed power is the essential cornerstone. ScandiNova is a world-leading provider of solid-state high-power pulse modulators and RF units. Their unique patented technology is creating a new market standard, praised for its excellent precision and reliability.

scandinovasystems.com ↗

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Next generation telecom solutions

Next generation telecom solutions

Telness Tech is a next-generation cloud-based B2B telecom solution for companies looking to enhance innovation capacity while reducing cost and complexity. The product offering consists of an end-to-end Digital Telco on Demand and a White-label Private Branch Exchange (PBX). The company’s flexible and modular telco platform can be deployed and run on any of the major cloud solutions, as well as incumbent IT systems.

telnesstech.com ↗

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Fashion supply chain traceability

Fashion supply chain traceability

TrustTrace’s technology empowers brands and suppliers around the world to standardize how supply chain and material traceability data is captured, digitized, and shared. With all of the trusted supply chain traceability data stored on a single platform, brands get the right evidence in the right place to back-up product claims and meet regulatory compliance.

sv.trustrace.com ↗

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Save energy on servers

Save energy on servers

Digitalization quickly accelerates energy consumption and maximizing performance per watt in servers and smart devices is critical to breaking the trend. ZeroPoint technology delivers up to 50% higher performance per watt by removing unnecessary information from microchips in data centers and smart devices.

zeropoint-tech.com ↗

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Transforming the video experience

Transforming the video experience

Accedo helps the world’s leading content providers, television operators, broadcasters, and brands deliver multi-screen video services. They provide a combination of the products and services needed to support our customers at every stage of the video business journey, from strategy and conception through to delivery and post-launch optimization.

accedo.tv ↗

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The Marketing and Sales Operations Platform for Real Estate

The Marketing and Sales Operations Platform for Real Estate

Marketing tech company Adfenix leads the new wave of digitization in residential real estate. Their platform makes it easy for marketing professionals to automate and scale recurring marketing activities for brokers and sellers with unparalleled control and flexibility.

adfenix.com ↗

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A breath of relief

A breath of relief

Airsonett’s cutting-edge technology offers effective treatment of allergic diseases such as asthma and atopic dermatitis. The medical device provides ultra-clean air for the breathing area as the patient sleeps and removes the allergic load during the hours when it is often the most harmful, allowing the immune system to strengthen and recover.

airsonett.eu ↗

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From BMI to MRI

From BMI to MRI

Following the documentary “Super-Size Me” the founders of AMRA saw a need for precise biomarkers and diagnostic measures. Years of research led to the development of a technological platform to use MR imaging to measure our bodies, including the interventional effects on fat and muscle volumes.

amramedical.com ↗

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Solving digital performance issues

Solving digital performance issues

Apica’s active monitoring platform is used by global organizations and fortune 500 brands to solve the most complex digital performance issues in today’s multi-cloud, hybrid, and on-premises environments. Apica measures what matters and delivers scalable monitoring and detailed insights – while reducing friction and time for its users.

apica.io ↗

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Managing private edge clouds

Managing private edge clouds

Cloud computing revolutionized the IT industry and made things we only dreamt of before possible. Today it’s causing challenges such as the need to be run closer to users or data sources. Avassa has a solution for that and offers a Platform-as-a-Service software where the customer can create and manage “private edge clouds”.

avassa.io ↗

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A new standard for surgical room ventilation

A new standard for surgical room ventilation

Airborne bacteria is a great threat to patients undergoing surgery and surgical site infections can be deadly. Avidicare is pioneering this field and provides ultra-clean air in operating rooms through its innovative air ventilation system to prevent surgical site infections.

avidicare.com ↗

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Accessing the world’s online auctions in one place

Accessing the world’s online auctions in one place

Sourcing arts and antiques online used to be a hassle, but not anymore. Barnebys pioneered the world of online auctions as an online aggregator of art, design, antiques, and collectibles – giving you access to all the auctions in one place. Today the platform lists items from many auction houses, dealers, and galleries globally.

barnebys.com ↗

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Translating cancer antibody biology into immuno-oncology therapies

Translating cancer antibody biology into immuno-oncology therapies

BioInvent is a clinical-stage biotech company that discovers and develops novel and first-in-class immuno-modulatory antibodies for cancer therapy, with currently four drug candidates in five ongoing clinical programs. Its F.I.R.S.T™ technology platform simultaneously identifies both targets and the antibodies that bind to them, generating many promising new drug candidates.

bioinvent.com ↗

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Novel treatment for rare conditions

Novel treatment for rare conditions

Calliditas addresses the need of people with rare conditions – starting with treatment for renal and hepatic diseases. Today, Calliditas is the leading pharmaceutical company for treating renal diseases and develops treatment for inflammatory kidney disease as well as for Berger’s disease – the most common form of chronic kidney inflammation. Industrifonden has made a partial exit of its holding in Calliditas.

calliditas.se ↗

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Safe handling of hazardous drugs

Safe handling of hazardous drugs

Carmel Carmel Pharma is the manufacturer of the PhaSeal System, today’s only clinically proven closed-system drug transfer device for the safe handling of hazardous drugs. Supported by more than 15 years of experience focused solely on the development of PhaSeal, Carmel Pharma offers the highest level of trust, quality and confidence.

carmelpharmausa.com ↗

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Automated routine analysis of blood

Automated routine analysis of blood

CellaVision is a global medical technology firm that provides automated systems for routine analysis of blood and other body fluids in health care services. The products replace manual laboratory work, and support effective workflows and skills development within and between hospitals. The company specializes in image analysis, artificial intelligence, and automated microscopy. Exit in conjunction with IPO in 2012.

cellavision.com ↗

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AI decision-support for doctors

AI decision-support for doctors

Combinostics has developed a leading technology platform by applying AI to MRI — providing data-driven decision support for doctors worldwide. It makes it possible to detect patients suffering from neurodegenerative diseases, such as dementia and Alzhemier’s, earlier and intervene adequately to delay the progression of the disease.

combinostics.com ↗

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Pioneering real-time data from IoT devices

Pioneering real-time data from IoT devices

Industrial IoT and edge computing are major contributors to the next industrial revolution. As the industry is migrating to the cloud, Crosser provides a low-code platform for this. By helping companies to monitor their data in real time, Crosser makes it easier for industrial companies to analyze, automate, and streamline their production.

crosser.io ↗

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The database tool for all databases

The database tool for all databases

DbVis was founded with the vision of creating a universal database tool for all databases. The company has created DbVisualizer – a database management tool that supports connecting to a wide range of data sources over a standardized protocol. Today, the company has a strong global position with over 20 000 customers in 129 countries.

dbvis.com ↗

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Digitalizing the intellectual property market

Digitalizing the intellectual property market

80 percent of a company’s value resides in intangible assets, but the process of trademarking them has previously been lengthy and cumbersome. Now Digip has made the traditional intellectual property rights market completely digital.

digip.com ↗

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The GDPR savior

The GDPR savior

Regulation tech pioneer DPOrganizersolves companies’ GDPR and CCPA compliance challenges with an end-to-end solution for privacy management. Their Saas tool helps businesses map, visualize, report on and manage their personal data processing.

dporganizer.com ↗

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Supply Chain Automation

Supply Chain Automation

eBuilder provides an array of enterprise tech services in business process automation, information security and AI-enabled predictive analytics for future-ready organizations across the world. They offer solutions that seamlessly connect multiple systems and partners to achieve operational excellence, cyber security, and predictive smartphone analytics.

ebuilder.com ↗

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Cold chain supply solutions

Cold chain supply solutions

Envirotainer is the world leader in air-transportation solutions for temperature-sensitive pharmaceuticals. They contribute to a sustainable world by helping their customers enable global access to life-saving pharmaceuticals, through patient-safe, reliable, and efficient cold chain solutions.

envirotainer.com ↗

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Digitalizing the electric grid

Digitalizing the electric grid

As our society becomes more dependent on an uninterrupted power supply, Exeri plays an important role in enabling a sustainable and secure supply of electricity. Their smart grid system monitors the electricity grid and can locate possible problems in real time, while at the same time providing increased security along the power lines.

exeri.se ↗

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Changing the way we play

Changing the way we play

Fast Travel Games is a game developer and publisher, building world-class virtual reality games. Founded by game development veterans, the company is on a mission to change the way we play. They build games where players are free to explore their surroundings, experience-rich narratives, and interact with others in new and interesting ways.

fasttravelgames.com ↗

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The social network for fishing fans

The social network for fishing fans

Connecting with other fish enthusiasts? There’s an app for that! Fishbrain is the world’s most popular app for connecting fishing enthusiasts. Fishing fans use the app to log and track their catches, share tips within the network and boast about ‘the one that got away’. By doing so Fishbrain provides fishers with the tools and skills needed to perform better.

fishbrain.com ↗

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Runs specialized stores online

Runs specialized stores online

Footway started off as a highly automated marketplace specializing in footwear, growing to become the market leader in the Nordics. In recent years Footway Group has scaled its business and technology to other verticals. Today, Footway runs 10 specialized online stores – all sharing the same smart backend.

footway.com ↗

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3D printers for metal

3D printers for metal

Mass collaboration is needed to solve the complex challenges of additive manufacturing. Freemelt’s advanced 3D metal printers for metal together with its open-source platform accelerates this process, making it possible to develop new materials, shapes, and applications the industry has yet to see.

freemelt.com ↗

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Reduces harmful inflammation and pain

Reduces harmful inflammation and pain

Gesynta Pharma develops novel anti-inflammatory, pain-relieving pharmaceuticals. The company currently focuses on two primary therapeutic areas; Endometriosis – a painful disease that causes great suffering to millions of women – and Systemic sclerosis – a chronic inflammatory disorder with microvascular dysfunction.

gesynta.se ↗

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Making machine learning easy

Making machine learning easy

Hopsworks has set out to make machine learning easy for every company, providing tools for data scientists and engineers to manage features and develop and deploy models in production. The company has developed a platform for data-intensive artificial intelligence with the industry’s Python-centric enterprise feature store.

hopsworks.ai ↗

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The future of mitral valve repair

The future of mitral valve repair

The majority of mitral valve disease patients are not able to undergo treatments involving open heart surgery with cardiopulmonary bypass. HVR Cardio provides a new treatment option that is safer, faster, and less traumatic cardiac intervention for mitral regurgitation patients worldwide – without compromising clinical efficacy.

hvrcardio.com ↗

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Great gut feeling

Great gut feeling

InDex Pharma is on a mission to significantly improve the lives of patients suffering from immunological disorders by providing effective and safe drugs. The current focus is ulcerative colitis, a chronic and debilitating inflammation of the large intestine that affects patients of all ages, for which they have developed the candidate drug Cobitolimod.

indexpharma.com ↗

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The digital front door of your business

The digital front door of your business

Inriver’s software for product information management enables B2B and B2C organizations to bring compelling product stories to life for highly customized purchases, obtain actionable guidance on what influences buying decisions, and then quickly adapt to put insights into action.

inriver.com ↗

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Digitalizing legal services

Digitalizing legal services

Lexly is the leading legal tech pioneer in the Nordics and gives you access to expert legal advice anytime, anywhere. The company offers digital legal services to a broad range of customers based on their specific needs and by doing so they have made the conservative legal industry accessible to anyone.

lexly.com ↗

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Make superior investment decisions

Make superior investment decisions

Limina is modernizing investment management workflows for asset managers. The platform includes order management, portfolio management, risk management, and compliance and empowers its customers to make superior investment decisions while reducing complexity and operational risk.

limina.com ↗

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Helping banks use data

Helping banks use data

Meninga transforms the way banks use transaction data with a framework for next-generation digital banking and is a global leader in white-label digital banking solutions – serving over 100M banking customers across 30 countries. They help banks use data to drive digital engagement, build customer loyalty and increase revenue.

meniga.com ↗

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Fresh ready-to-eat foods

Fresh ready-to-eat foods

Micvac is a food-tech company that brings smart technology to the world of fresh ready-to-eat foods. The company has created an innovative method for preparing and packaging food, minimizing pasteurization time while maximizing nutrition and flavor. Best of all, the long shelf life that prevents food waste throughout the value chain.

micvac.com ↗

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Saving babies with maternal vaccine

Saving babies with maternal vaccine

To protect infants from GBS-induced diseases – a maternal vaccine given to pregnant women is the only long-term viable option. Therefore, MinervaX is developing a maternal vaccine for Group B Streptococcus (GBS) – the leading cause of life-threatening infections in newborns.

minervax.com ↗

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Enables the software-defined car and beyond

Enables the software-defined car and beyond

Movimento is a company within the automotive industry originating from Gothenburg. Their vision is to help create the software-enabled car, the vehicle through which we are forging the integrated and increasingly autonomous driving experience. The company has completed millions of vehicle and module updates for some of the leading companies in the world. The company was sold to Delphi Automotive in 2017.

movimentogroup.com ↗

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Innovative drug discovery platform

Innovative drug discovery platform

Nuevolution is a biotech company with the goal to deliver drugs of the future for the treatment of cancer and inflammatory diseases. Nuevolution has a patent-protected drug research platform to identify small-molecule drug candidates against cancer and inflammatory diseases. The company was IPO:ed in Stockholm in 2015 and acquired by Amgen in 2019.

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Digital therapeutic platform for respiratory health

Digital therapeutic platform for respiratory health

Nuvoair brings a more human-centric experience and changes the care model for patients with severe lung diseases worldwide. Its connected hardware wrapped in a data-driven user-friendly software platform tailored for the needs of severe lung conditions has so far built the largest dataset in the market and has proven to improve outcomes in patients with severe respiratory disease.

nuvoair.com ↗

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The missing piece in a digital experience stack

The missing piece in a digital experience stack

Occtoo is an Experience Data Platform built to accelerate the way companies create relevant customer experiences everywhere. With Occtoo the user can easily unify all experience data (customer, product, transactional, behavioral, content, and more) and make it accessible in real time in any front-end of choice.

occtoo.com ↗

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Cutting-edge infrastructure for Open Banking

Cutting-edge infrastructure for Open Banking

Open Payments provides the groundbreaking market infrastructure required for open banking. The company has sorted out how to implement Open Banking in businesses and connect multiple banks through one single unified API. This removes the complexity and frictions of many diverse integrations.

openpayments.io ↗

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Replicating the human eye

Replicating the human eye

What if a camera lens would function like the human eye, with instant autofocus, all-in-focus, and constant field of view options? Almost two decades of research and development have resulted in PoLights technology that replicates the viewing experience of the human eye for lenses used in such devices as barcode scanners, mobile phone cameras, medical devices, and more.

polight.com ↗

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Closing the gap between data and action

Closing the gap between data and action

Qlik offers an Active Intelligence platform, delivering end-to-end, real-time data integration and analytics cloud solutions to close the gaps between data, insights, and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Industrifonden’s investment in Qlik provided 900 million SEK in exit value.

qlik.com ↗

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Renewable energy on demand

Renewable energy on demand

SaltX industrial large-scale energy storage solutions enable a decarbonized and fossil-free future by making renewable energy plannable. Cities and industries must heavily reduce their carbon footprint and SaltX is here to make it happen.

saltxtechnology.com ↗

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One more reason to love your phone

One more reason to love your phone

Scalado is a world leader in the mobile imaging industry, with a long history of developing innovative platform-independent imaging solutions. Based on Scalado’s unique Random Access JPEG and more than 50 patent and patent-pending technologies, these innovations are currently being used by the world’s leading global telecom and platform players.

scalado.com ↗

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Secure your data in the cloud

Secure your data in the cloud

ShardSecure is changing the nature of data security. Their patented Microshard technology cloud-enables data by distributing sensitive data for use in the multi-cloud and hybrid-cloud environment, while at the same time reducing management complexity and improving business continuity.

shardsecure.com ↗

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Turning nature into nutrition

Turning nature into nutrition

Smartfish turns nature into tasty and clinically proven nutrition products. Their technology platform delivers omega-3-enriched nutritional drinks with superior taste and health benefits, targeting both the fast-growing field of medical nutrition and the consumer health market.

smartfishnutrition.com ↗

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Music streaming for businesses

Music streaming for businesses

With Soundtrack Your Brand, you can find the perfect music for your business in the world’s largest commercial catalog with over 58 million songs – all legal to use for your business. The platform gives businesses the freedom to play the music they want and the tools to make it easy; music scheduling, AI, and an explicit-lyrics filter.

soundtrackyourbrand.com ↗

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Make music online

Make music online

Soundtrap is a collaborative, cloud-based recording studio, on a mission to make music creation and storytelling simple and collaborative for everyone. With an easy-to-use creation platform, Soundtrap empowers creators to build original content using a combination of software instruments, real instruments, and audio recording. There was an exit through acquisition by Spotify in 2017.

soundtrap.com ↗

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Matching service for clinical trials

Matching service for clinical trials

Identifying, matching, and enrolling the right candidates for clinical research programs is the number one challenge in the global clinical research industry. Trialbee combines advanced digital technology and life science to create a next-generation platform that simplifies the enrollment process for patients and supports the successful completion of clinical trials and access to medicine.

trialbee.com ↗

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