BackingMinds

Founded in 2016 and headquartered in Stockholm, BackingMinds is a venture capital firm that invests in early-stage technology companies. It focuses on entrepreneurs outside traditional networks, offering more than just capital, with a commitment to team up with founders.
https://crunchbase.com/organization/***
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Jasenko Hadzic

Principal

Mattias Lundkvist

Investor

Susanne Najafi

Partner

Sara Resvik

Partner

Niklas Tad

Partner

Past deals in Sweden

Combify

Seed Round in 2022
Combify is a PropTech company that streamlines communication in city development projects by offering a digitized data platform for property and construction endeavors. The platform provides project and organizational profiles, a dashboard, and maps with detailed information about projects in Sweden, helping property developers, architects, and professionals discover opportunities and maintain a competitive edge.

Lingio

Venture Round in 2022
Lingio develops an interactive language learning application, combining gaming principles and social features for an engaging user experience. It also offers vocational language courses tailored to various industries such as cleaning, catering, construction, IT, healthcare, and more.

TrusTrace

Series A in 2021
TrusTrace is a software company based in Stockholm, Sweden, with an additional location in Coimbatore, India, that specializes in traceability as a service for the fashion supply chain. Founded in 2016, TrusTrace offers a comprehensive platform that enables global brands and suppliers to capture, digitize, and share supply chain and material traceability data efficiently. Its suite of tools includes T-Tracem for end-to-end product traceability, T-CET for customer engagement, I-CAT for climate action management, and T-VeM for vendor management, among others. The platform consolidates validated supply chain data, allowing brands to substantiate product claims and ensure regulatory compliance while managing their environmental impact. By providing a single platform for traceability, TrusTrace empowers brands to enhance transparency and trust in their supply chains.

Brain Stimulation

Seed Round in 2021
Founded in Sweden in 2011, Brain Stimulation specializes in innovative neurological rehabilitation. They leverage brain plasticity research to develop effective, individualized care for stroke, dementia, traumatic brain injuries, and other degenerative brain diseases.

Denjo Dogs

Seed Round in 2021
Founded in Stockholm, Sweden in 2016, Denjo Dogs specializes in the online retail of premium pet products. Their offerings include grooming tools, accessories like bowls, beds, and toys, as well as stylish dog apparel.

Boneprox

Pre Seed Round in 2020
Boneprox is a dental health technology company that develops software for dental imaging, diagnostics and workflow optimization. Its platform includes Boneprox, a tool to analyze bone quality and osteoporosis risk; ReferralExpress, a tool to streamline referrals to specialists; and CBCT-Supervision, designed to simplify cone-beam CT workflows in clinics. By leveraging advanced dental imaging, digital dentistry and artificial intelligence, Boneprox enables secure exchange, analysis and interpretation of patient images, helps clinics identify at-risk patients from standard dental X-rays, and supports efficient sending, receiving and diagnosing of images, contributing to greater access to dental specialists.

Dynamic Code

Venture Round in 2020
Founded in 2000, Dynamic Code specializes in DNA analysis services and products. It offers custom solutions for forensic surveys, pharmacogenetic testing, paternity tests, and research & development in bioinformatics, molecular biology, and genetics.

TrusTrace

Seed Round in 2019
TrusTrace is a software company based in Stockholm, Sweden, with an additional location in Coimbatore, India, that specializes in traceability as a service for the fashion supply chain. Founded in 2016, TrusTrace offers a comprehensive platform that enables global brands and suppliers to capture, digitize, and share supply chain and material traceability data efficiently. Its suite of tools includes T-Tracem for end-to-end product traceability, T-CET for customer engagement, I-CAT for climate action management, and T-VeM for vendor management, among others. The platform consolidates validated supply chain data, allowing brands to substantiate product claims and ensure regulatory compliance while managing their environmental impact. By providing a single platform for traceability, TrusTrace empowers brands to enhance transparency and trust in their supply chains.

Denjo Dogs

Seed Round in 2018
Founded in Stockholm, Sweden in 2016, Denjo Dogs specializes in the online retail of premium pet products. Their offerings include grooming tools, accessories like bowls, beds, and toys, as well as stylish dog apparel.

Dynamic Code

Venture Round in 2018
Founded in 2000, Dynamic Code specializes in DNA analysis services and products. It offers custom solutions for forensic surveys, pharmacogenetic testing, paternity tests, and research & development in bioinformatics, molecular biology, and genetics.

Virkesbörsen

Venture Round in 2018
Virkesbörsen is a Swedish company that operates a digital marketplace, facilitating the buying and selling of wood between suppliers and buyers.

TransferGalaxy

Venture Round in 2018
TransferGalaxy AB is a Swedish company based in Örebro, founded in 2014, that specializes in providing instant and cash-free mobile money transfer services. The company enables users to send money to recipients using smartphones, tablets, or computers, facilitating seamless remittances. TransferGalaxy focuses on offering a range of financial technology solutions, including mobile and online money transfers, catering to the needs of individuals looking to connect financially with their loved ones.

Dynamic Code

Venture Round in 2017
Founded in 2000, Dynamic Code specializes in DNA analysis services and products. It offers custom solutions for forensic surveys, pharmacogenetic testing, paternity tests, and research & development in bioinformatics, molecular biology, and genetics.

TransferGalaxy

Venture Round in 2016
TransferGalaxy AB is a Swedish company based in Örebro, founded in 2014, that specializes in providing instant and cash-free mobile money transfer services. The company enables users to send money to recipients using smartphones, tablets, or computers, facilitating seamless remittances. TransferGalaxy focuses on offering a range of financial technology solutions, including mobile and online money transfers, catering to the needs of individuals looking to connect financially with their loved ones.
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