Chalmers Ventures AB

Chalmers Ventures is a Swedish venture capital firm based in Gothenburg that supports technology-driven companies through coaching, financing and business development. The firm invests across seed, early, and growth stages in Sweden, with programs that include incubation, startup camps and accelerator activities as well as a technology transfer program. It focuses on companies connected to the Gothenburg region and Sweden operating in information technology, communications, new materials, green tech, health tech and biotechnology, and seeks innovative ventures with growth potential. The firm typically makes minority investments and uses a staged funding approach, providing capital through various program phases and through balance sheet investments. It partners with ventures that participate in its programs, helping them advance from explore to scalable stages and achieve commercial success.

Jonas Bergman

Investor

Louise Brudö

Investment Director

Sara Elg

Managing Director

Linda Hedenblom

Seed Investment Manager

Sofia Kocher

Seed Investment Manager

Hakan Krook

Investor

Mattias Münnich

Seed Investment Manager

Pontus Ottosson

Investor

Emma Siljeäng

CFO

David Storek

Venture Creation Manager and Pre-seed Investment Director

Oskar Svarfvar

Seed Investment Manager

Sara Wallin

Investor

Björn Westman

Investment Director

Fredrik Örneblad

Seed Investment Manager

Fredrik Örneblad

Seed Investment Manager

Past deals in Nordic Europe

Swedish Algae Factory

Venture Round in 2025
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Monivent

Post in 2024
Monivent AB is a medtech company based in Gothenburg, Sweden, founded in 2013. It specializes in developing, manufacturing, and selling medical technology products aimed at improving respiratory support for newborns at birth. The company’s flagship product, the Monivent Neo100, features a specially designed face mask equipped with an integrated sensor module that measures airflow during manual ventilation. This device provides continuous feedback on the volume of air delivered, allowing healthcare staff to administer the appropriate amount of ventilation based on the infant's weight, thereby minimizing the risk of lung damage. Monivent also offers training services to ensure effective use of its technology.

Korall Carbon Capture

Pre Seed Round in 2024
Korall Carbon Capture is a pioneering company in Sweden specializing in Direct Air Capture (DAC) technology. KORALL offers a product in the form of a chemical blend that actively captures carbon dioxide as soon as it comes into contact with the air.

Modvion

Venture Round in 2024
Modvion AB is a Swedish company founded in 2015 and based in Gothenburg, specializing in the design and development of modular wind power towers constructed from renewable composite materials. The company focuses on simplifying construction logistics and improving cost efficiency in the wind energy sector through its patented modular technology. This innovative approach enables the production of wind towers exceeding 120 meters in height while significantly reducing transportation costs, installation complexity, and the reliance on traditional steel structures. By leveraging engineered wood products, Modvion aims to enhance the economic viability of wind power projects, ultimately contributing to increased electricity production and more sustainable energy solutions.

Vividye

Seed Round in 2024
Vividye AB is a Swedish company based in Gothenburg, established in 2020, that specializes in providing sustainable solutions for the textile industry. The company focuses on reuse and recycling services for garments, utilizing innovative reversible textile coloring and dyeing technology. This advanced technology enables Vividye to efficiently color, de-color, and re-color fabrics while preserving their mechanical properties. By allowing companies to collect, separate, and reuse water, chemicals, and pigments during the dyeing process, Vividye significantly reduces reliance on non-renewable resources. The company's commitment to sustainability and circular business models is recognized in Mission Innovation's Net-Zero Compatible Initiative, highlighting its potential to contribute to emission reductions in the textile sector.

Yolean

Seed Round in 2024
Yolean AB is a Swedish company based in Gothenburg that specializes in developing visual management tools aimed at facilitating digital Lean transformations. The company provides software solutions that integrate wall-based visual management techniques with backend data management, allowing project and knowledge managers to enhance visibility and transparency in knowledge work. Yolean's offerings include visual planning tools, pulse solutions, and check sheets, which support real-time collaboration across teams and help identify bottlenecks in workflow. By serving clients in sectors such as automotive and public services, Yolean focuses on improving team synchronization and project management through effective visual collaboration and continuous data-driven improvements.

Metry

Venture Round in 2023
Metry AB is a Swedish company specializing in energy data management, founded in 2012 and headquartered in Gothenburg. The company has developed a platform that aggregates and analyzes energy data from various sources, including utility providers and submetering systems. Metry's platform enables users to identify potential energy savings across buildings, businesses, and households by offering access to comprehensive data on electricity, heat, cooling, gas, and water usage. It independently collects data from over 100 utilities in Sweden and provides hourly values from more than 150,000 meters. The platform supports integration with Building Energy Management Systems (BEMS) and other third-party energy applications via a web-based API, facilitating efficient energy optimization and reporting. Metry serves a diverse clientele, including large corporations in the energy sector, thereby promoting energy efficiency and sustainability.

Stayble Therapeutics

Post in 2023
Stayble Therapeutics AB, headquartered in Gothenburg, Sweden, is a clinical-stage pharmaceutical company focused on developing a minimally invasive injection treatment for chronic discogenic low back pain. Their lead product candidate, STA363, is an intradiscally injected formulation designed to alleviate or eliminate pain by addressing the root causes of instability and inflammation within the affected discs. Having completed a Phase 1b clinical trial, STA363 targets patients who have not responded to conventional treatments such as analgesics and physiotherapy, offering a potential alternative to surgery. The company's experienced team comprises a renowned back-pain researcher, seasoned bio-entrepreneurs, and former senior pharmaceutical management, aiming to provide relief to millions of people disabled by chronic low back pain.

Modvion

Convertible Note in 2023
Modvion AB is a Swedish company founded in 2015 and based in Gothenburg, specializing in the design and development of modular wind power towers constructed from renewable composite materials. The company focuses on simplifying construction logistics and improving cost efficiency in the wind energy sector through its patented modular technology. This innovative approach enables the production of wind towers exceeding 120 meters in height while significantly reducing transportation costs, installation complexity, and the reliance on traditional steel structures. By leveraging engineered wood products, Modvion aims to enhance the economic viability of wind power projects, ultimately contributing to increased electricity production and more sustainable energy solutions.

Sigmastocks

Venture Round in 2022
Sigmastocks develops and distributes stock portfolios for individuals and businesses in Sweden. It offers investment portfolios categorized by different investment levels and operates a platform that uses digitization and financial mathematics to facilitate efficient stock trading. The company aims to provide a long-term savings alternative and contributes to a sustainable economic society. Sigmastocks is based in Gothenburg, Sweden.

Enweave

Pre Seed Round in 2022
Enweave is a Swedish company that provides digital solutions for sustainable development, and its platform uses artificial intelligence to help small and medium-sized enterprises develop materiality analyses, sustainability visions, goals, and key performance indicators while offering tools for energy management and cost reduction to support compliance with customer and regulatory sustainability requirements.

Navari

Seed Round in 2022
Navari is a software technology company based in Gothenburg, Sweden, founded in 2021. The company specializes in developing advanced navigation systems for minimally invasive surgeries, particularly focusing on laparoscopic liver surgery. By employing augmented reality, Navari's tools enhance the surgical experience by overlaying a live-streamed image of the tumor's precise location onto the traditional two-dimensional laparoscopic camera view. This innovative approach aims to improve visibility and precision during procedures, thereby facilitating more effective tumor removal. Navari's mission is to make minimally invasive cancer surgeries widely accessible, positioning these techniques as the preferred option over traditional open surgeries.

Elypta

Series A in 2022
Elypta develops a liquid biopsy platform using metabolism-based biomarkers and artificial intelligence. Its platform measures glycosaminoglycan metabolites in blood and urine, aiming to enable earlier detection and monitoring of various cancer types.

SMENA Catalysis

Pre Seed Round in 2022
Founded in 2019 and headquartered in Gothenburg, Sweden, SMENA Catalysis specializes in fabricating nano-structured layered materials, specifically transition metal dichalcogenides (TMDs). These novel materials exhibit unique properties with potential applications in structural colors, nanophotonics, optoelectronics, mechanical filters, and catalysis. The company offers a wide range of one-of-a-kind nanostructured TMDs created using their proprietary AtomicEdge process.

Swedish Algae Factory

Convertible Note in 2022
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Sigmastocks

Venture Round in 2022
Sigmastocks develops and distributes stock portfolios for individuals and businesses in Sweden. It offers investment portfolios categorized by different investment levels and operates a platform that uses digitization and financial mathematics to facilitate efficient stock trading. The company aims to provide a long-term savings alternative and contributes to a sustainable economic society. Sigmastocks is based in Gothenburg, Sweden.

Vividye

Seed Round in 2022
Vividye AB is a Swedish company based in Gothenburg, established in 2020, that specializes in providing sustainable solutions for the textile industry. The company focuses on reuse and recycling services for garments, utilizing innovative reversible textile coloring and dyeing technology. This advanced technology enables Vividye to efficiently color, de-color, and re-color fabrics while preserving their mechanical properties. By allowing companies to collect, separate, and reuse water, chemicals, and pigments during the dyeing process, Vividye significantly reduces reliance on non-renewable resources. The company's commitment to sustainability and circular business models is recognized in Mission Innovation's Net-Zero Compatible Initiative, highlighting its potential to contribute to emission reductions in the textile sector.

Atium

Pre Seed Round in 2021
Founded in 2017, Atium specializes in patent-pending reusable filter technology for removing toxic heavy metals from water. Its innovative electrochemical filtration system selectively removes mercury ions even at low concentrations and in the presence of other substances. This enables applications such as dental amalgam filtration, industrial wastewater treatment, and environmental sanitation, contributing to cleaner water worldwide.

Swedish Algae Factory

Venture Round in 2021
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Metry

Venture Round in 2021
Metry AB is a Swedish company specializing in energy data management, founded in 2012 and headquartered in Gothenburg. The company has developed a platform that aggregates and analyzes energy data from various sources, including utility providers and submetering systems. Metry's platform enables users to identify potential energy savings across buildings, businesses, and households by offering access to comprehensive data on electricity, heat, cooling, gas, and water usage. It independently collects data from over 100 utilities in Sweden and provides hourly values from more than 150,000 meters. The platform supports integration with Building Energy Management Systems (BEMS) and other third-party energy applications via a web-based API, facilitating efficient energy optimization and reporting. Metry serves a diverse clientele, including large corporations in the energy sector, thereby promoting energy efficiency and sustainability.

Atium

Pre Seed Round in 2021
Founded in 2017, Atium specializes in patent-pending reusable filter technology for removing toxic heavy metals from water. Its innovative electrochemical filtration system selectively removes mercury ions even at low concentrations and in the presence of other substances. This enables applications such as dental amalgam filtration, industrial wastewater treatment, and environmental sanitation, contributing to cleaner water worldwide.

Kneedly

Pre Seed Round in 2021
Kneedly is a medical technology company based in Gothenburg, Sweden, founded in 2021. It specializes in a digital platform designed to assist in the diagnosis of knee ligament injuries and to monitor rehabilitation processes. The company employs patent-pending image processing technologies integrated into a mobile solution that operates on standard smartphones. This innovative approach offers a faster and more accessible method for diagnosing knee ligament problems compared to traditional procedures. Additionally, Kneedly enables both physicians and patients to track rehabilitation progress objectively, facilitating personalized therapy.

SMENA Catalysis

Pre Seed Round in 2021
Founded in 2019 and headquartered in Gothenburg, Sweden, SMENA Catalysis specializes in fabricating nano-structured layered materials, specifically transition metal dichalcogenides (TMDs). These novel materials exhibit unique properties with potential applications in structural colors, nanophotonics, optoelectronics, mechanical filters, and catalysis. The company offers a wide range of one-of-a-kind nanostructured TMDs created using their proprietary AtomicEdge process.

Navari

Pre Seed Round in 2021
Navari is a software technology company based in Gothenburg, Sweden, founded in 2021. The company specializes in developing advanced navigation systems for minimally invasive surgeries, particularly focusing on laparoscopic liver surgery. By employing augmented reality, Navari's tools enhance the surgical experience by overlaying a live-streamed image of the tumor's precise location onto the traditional two-dimensional laparoscopic camera view. This innovative approach aims to improve visibility and precision during procedures, thereby facilitating more effective tumor removal. Navari's mission is to make minimally invasive cancer surgeries widely accessible, positioning these techniques as the preferred option over traditional open surgeries.

Biopetrolia

Seed Round in 2021
Biopetrolia is a biotechnology company that specializes in synthetic biology and metabolic engineering of yeast cell factories. Using this technology, the company aims to reduce the need for petrol and excessive exploitation of natural resources to produce products such as cosmetic bioingredients, food oils, and fuels. Biopetrolia was founded in 2014 and is based in Göteborg, Sweden.

Solartes

Pre Seed Round in 2020
Solartes is a Swedish manufacturer that develops transparent functional materials and polymer composites designed to harvest solar energy and release heat for building heating. Its products include transparent plastics and smart blinds capable of absorbing ultraviolet light during the day, storing energy as heat, and releasing it at night to regulate indoor climate and reduce heating and energy consumption. Headquartered in Gothenburg and established in 2020, Solartes provides integrated solutions that combine solar energy capture, storage, and heat emission in a single material system.

Vividye

Pre Seed Round in 2020
Vividye AB is a Swedish company based in Gothenburg, established in 2020, that specializes in providing sustainable solutions for the textile industry. The company focuses on reuse and recycling services for garments, utilizing innovative reversible textile coloring and dyeing technology. This advanced technology enables Vividye to efficiently color, de-color, and re-color fabrics while preserving their mechanical properties. By allowing companies to collect, separate, and reuse water, chemicals, and pigments during the dyeing process, Vividye significantly reduces reliance on non-renewable resources. The company's commitment to sustainability and circular business models is recognized in Mission Innovation's Net-Zero Compatible Initiative, highlighting its potential to contribute to emission reductions in the textile sector.

Winningtemp

Series B in 2020
Winningtemp AB is a Swedish company that specializes in developing software for human resource management, aiming to foster prosperous and healthy workplaces. Founded in 2014 by Mathias Hansson Fredlund and Pierre Lindmark, the company combines expertise in IT and human resources. Its platform utilizes artificial intelligence to assess employee engagement, job satisfaction, and overall well-being, providing organizations with real-time insights into personnel data. This enables companies to make informed decisions, enhance productivity, and proactively address workplace issues. Winningtemp is headquartered in Gothenburg, Sweden, with an additional office in Stockholm.

Yolean

Series A in 2020
Yolean AB is a Swedish company based in Gothenburg that specializes in developing visual management tools aimed at facilitating digital Lean transformations. The company provides software solutions that integrate wall-based visual management techniques with backend data management, allowing project and knowledge managers to enhance visibility and transparency in knowledge work. Yolean's offerings include visual planning tools, pulse solutions, and check sheets, which support real-time collaboration across teams and help identify bottlenecks in workflow. By serving clients in sectors such as automotive and public services, Yolean focuses on improving team synchronization and project management through effective visual collaboration and continuous data-driven improvements.

Oterlu AI

Pre Seed Round in 2020
Founded in 2019, Oterlu AI specializes in developing artificial intelligence algorithms that automatically detect and address harmful behaviors like harassment in social interactions across various online platforms. Utilizing natural language processing, the company's solutions enable clients to foster healthy communities by understanding user intent.

Atium

Pre Seed Round in 2020
Founded in 2017, Atium specializes in patent-pending reusable filter technology for removing toxic heavy metals from water. Its innovative electrochemical filtration system selectively removes mercury ions even at low concentrations and in the presence of other substances. This enables applications such as dental amalgam filtration, industrial wastewater treatment, and environmental sanitation, contributing to cleaner water worldwide.

BasedOn

Pre Seed Round in 2020
BasedOn AB is a software company founded in 2020 and located in Gothenburg, Sweden. The company specializes in developing AI-based software that enhances decision-making processes within organizations. Its platform connects various decision-making workflows and consolidates knowledge, allowing departments and teams to synchronize information effectively. By providing structured guidelines for decision-making, BasedOn aims to reduce knowledge silos and facilitate the seamless transfer of information across an organization, thereby improving overall efficiency and collaboration in decision-making efforts.

Gastrofy

Seed Round in 2020
Gastrofy AB is a Swedish start-up based in Stockholm that revolutionizes the way consumers plan and purchase groceries. The company operates an online application that allows users to order food through curated recipes tailored to their preferences. Gastrofy offers a weekly subscription service that delivers all the necessary ingredients for fresh meals directly to customers' homes. Emphasizing personalization and flexibility, users can modify recipes, add additional items, and adjust their delivery slots up to 24 hours before the scheduled delivery. By partnering with Sweden's largest supermarket chains, Gastrofy ensures that groceries are efficiently packed and delivered, enhancing the overall convenience of meal preparation for its customers.

Swedish Algae Factory

Venture Round in 2020
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Solartes

Pre Seed Round in 2020
Solartes is a Swedish manufacturer that develops transparent functional materials and polymer composites designed to harvest solar energy and release heat for building heating. Its products include transparent plastics and smart blinds capable of absorbing ultraviolet light during the day, storing energy as heat, and releasing it at night to regulate indoor climate and reduce heating and energy consumption. Headquartered in Gothenburg and established in 2020, Solartes provides integrated solutions that combine solar energy capture, storage, and heat emission in a single material system.

Vividye

Pre Seed Round in 2020
Vividye AB is a Swedish company based in Gothenburg, established in 2020, that specializes in providing sustainable solutions for the textile industry. The company focuses on reuse and recycling services for garments, utilizing innovative reversible textile coloring and dyeing technology. This advanced technology enables Vividye to efficiently color, de-color, and re-color fabrics while preserving their mechanical properties. By allowing companies to collect, separate, and reuse water, chemicals, and pigments during the dyeing process, Vividye significantly reduces reliance on non-renewable resources. The company's commitment to sustainability and circular business models is recognized in Mission Innovation's Net-Zero Compatible Initiative, highlighting its potential to contribute to emission reductions in the textile sector.

Elypta

Seed Round in 2020
Elypta develops a liquid biopsy platform using metabolism-based biomarkers and artificial intelligence. Its platform measures glycosaminoglycan metabolites in blood and urine, aiming to enable earlier detection and monitoring of various cancer types.

Evispot

Seed Round in 2019
Evispot is an AI-powered financial data analytics company that develops software to support precise credit decisions. Its platform processes large volumes of financial data, identifies credit patterns with machine learning, and evaluates loan portfolios to mitigate risk, improve fairness, and reduce bias in lending. The solution enables financial institutions to automate decisions, optimize trends, and update credit analytics in real time. Founded in 2017, Evispot is based in Gothenburg, Sweden.

Minesto

Venture Round in 2019
Minesto is a Sweden-based developer of marine energy technology that commercializes the Deep Green system to generate electricity from slow tidal and ocean currents using a turbine-driven platform. Founded in 2007 by Magnus Landberg, it is headquartered in Gothenburg and operates projects in Sweden, Wales, and Northern Ireland.

Monivent

Seed Round in 2019
Monivent AB is a medtech company based in Gothenburg, Sweden, founded in 2013. It specializes in developing, manufacturing, and selling medical technology products aimed at improving respiratory support for newborns at birth. The company’s flagship product, the Monivent Neo100, features a specially designed face mask equipped with an integrated sensor module that measures airflow during manual ventilation. This device provides continuous feedback on the volume of air delivered, allowing healthcare staff to administer the appropriate amount of ventilation based on the infant's weight, thereby minimizing the risk of lung damage. Monivent also offers training services to ensure effective use of its technology.

Metry

Venture Round in 2019
Metry AB is a Swedish company specializing in energy data management, founded in 2012 and headquartered in Gothenburg. The company has developed a platform that aggregates and analyzes energy data from various sources, including utility providers and submetering systems. Metry's platform enables users to identify potential energy savings across buildings, businesses, and households by offering access to comprehensive data on electricity, heat, cooling, gas, and water usage. It independently collects data from over 100 utilities in Sweden and provides hourly values from more than 150,000 meters. The platform supports integration with Building Energy Management Systems (BEMS) and other third-party energy applications via a web-based API, facilitating efficient energy optimization and reporting. Metry serves a diverse clientele, including large corporations in the energy sector, thereby promoting energy efficiency and sustainability.

Winningtemp

Venture Round in 2019
Winningtemp AB is a Swedish company that specializes in developing software for human resource management, aiming to foster prosperous and healthy workplaces. Founded in 2014 by Mathias Hansson Fredlund and Pierre Lindmark, the company combines expertise in IT and human resources. Its platform utilizes artificial intelligence to assess employee engagement, job satisfaction, and overall well-being, providing organizations with real-time insights into personnel data. This enables companies to make informed decisions, enhance productivity, and proactively address workplace issues. Winningtemp is headquartered in Gothenburg, Sweden, with an additional office in Stockholm.

Stayble Therapeutics

Venture Round in 2018
Stayble Therapeutics AB, headquartered in Gothenburg, Sweden, is a clinical-stage pharmaceutical company focused on developing a minimally invasive injection treatment for chronic discogenic low back pain. Their lead product candidate, STA363, is an intradiscally injected formulation designed to alleviate or eliminate pain by addressing the root causes of instability and inflammation within the affected discs. Having completed a Phase 1b clinical trial, STA363 targets patients who have not responded to conventional treatments such as analgesics and physiotherapy, offering a potential alternative to surgery. The company's experienced team comprises a renowned back-pain researcher, seasoned bio-entrepreneurs, and former senior pharmaceutical management, aiming to provide relief to millions of people disabled by chronic low back pain.

Modvion

Pre Seed Round in 2018
Modvion AB is a Swedish company founded in 2015 and based in Gothenburg, specializing in the design and development of modular wind power towers constructed from renewable composite materials. The company focuses on simplifying construction logistics and improving cost efficiency in the wind energy sector through its patented modular technology. This innovative approach enables the production of wind towers exceeding 120 meters in height while significantly reducing transportation costs, installation complexity, and the reliance on traditional steel structures. By leveraging engineered wood products, Modvion aims to enhance the economic viability of wind power projects, ultimately contributing to increased electricity production and more sustainable energy solutions.

Elypta

Seed Round in 2018
Elypta develops a liquid biopsy platform using metabolism-based biomarkers and artificial intelligence. Its platform measures glycosaminoglycan metabolites in blood and urine, aiming to enable earlier detection and monitoring of various cancer types.

Gastrofy

Venture Round in 2018
Gastrofy AB is a Swedish start-up based in Stockholm that revolutionizes the way consumers plan and purchase groceries. The company operates an online application that allows users to order food through curated recipes tailored to their preferences. Gastrofy offers a weekly subscription service that delivers all the necessary ingredients for fresh meals directly to customers' homes. Emphasizing personalization and flexibility, users can modify recipes, add additional items, and adjust their delivery slots up to 24 hours before the scheduled delivery. By partnering with Sweden's largest supermarket chains, Gastrofy ensures that groceries are efficiently packed and delivered, enhancing the overall convenience of meal preparation for its customers.

Elypta

Seed Round in 2018
Elypta develops a liquid biopsy platform using metabolism-based biomarkers and artificial intelligence. Its platform measures glycosaminoglycan metabolites in blood and urine, aiming to enable earlier detection and monitoring of various cancer types.

Monivent

Seed Round in 2018
Monivent AB is a medtech company based in Gothenburg, Sweden, founded in 2013. It specializes in developing, manufacturing, and selling medical technology products aimed at improving respiratory support for newborns at birth. The company’s flagship product, the Monivent Neo100, features a specially designed face mask equipped with an integrated sensor module that measures airflow during manual ventilation. This device provides continuous feedback on the volume of air delivered, allowing healthcare staff to administer the appropriate amount of ventilation based on the infant's weight, thereby minimizing the risk of lung damage. Monivent also offers training services to ensure effective use of its technology.

Stayble Therapeutics

Venture Round in 2018
Stayble Therapeutics AB, headquartered in Gothenburg, Sweden, is a clinical-stage pharmaceutical company focused on developing a minimally invasive injection treatment for chronic discogenic low back pain. Their lead product candidate, STA363, is an intradiscally injected formulation designed to alleviate or eliminate pain by addressing the root causes of instability and inflammation within the affected discs. Having completed a Phase 1b clinical trial, STA363 targets patients who have not responded to conventional treatments such as analgesics and physiotherapy, offering a potential alternative to surgery. The company's experienced team comprises a renowned back-pain researcher, seasoned bio-entrepreneurs, and former senior pharmaceutical management, aiming to provide relief to millions of people disabled by chronic low back pain.

Swedish Algae Factory

Seed Round in 2018
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Minalyze

Venture Round in 2018
Minalyze AB is a Swedish company specializing in the development of analytical instruments and software for the mining and exploration industries. Founded in 2010 and headquartered in Savedalen, Minalyze provides mobile analysis solutions that are designed to endure harsh environments. Their products enable the on-site analysis of drill samples, facilitating geological data visualization and acquisition. Minalyze offers its services at various locations worldwide, including dedicated Core Competence Centres. The company's instruments support both short-term scanning projects and long-term initiatives, providing mining and exploration companies with essential geological insights for specialized projects.

Yolean

Pre Seed Round in 2018
Yolean AB is a Swedish company based in Gothenburg that specializes in developing visual management tools aimed at facilitating digital Lean transformations. The company provides software solutions that integrate wall-based visual management techniques with backend data management, allowing project and knowledge managers to enhance visibility and transparency in knowledge work. Yolean's offerings include visual planning tools, pulse solutions, and check sheets, which support real-time collaboration across teams and help identify bottlenecks in workflow. By serving clients in sectors such as automotive and public services, Yolean focuses on improving team synchronization and project management through effective visual collaboration and continuous data-driven improvements.

Winningtemp

Seed Round in 2017
Winningtemp AB is a Swedish company that specializes in developing software for human resource management, aiming to foster prosperous and healthy workplaces. Founded in 2014 by Mathias Hansson Fredlund and Pierre Lindmark, the company combines expertise in IT and human resources. Its platform utilizes artificial intelligence to assess employee engagement, job satisfaction, and overall well-being, providing organizations with real-time insights into personnel data. This enables companies to make informed decisions, enhance productivity, and proactively address workplace issues. Winningtemp is headquartered in Gothenburg, Sweden, with an additional office in Stockholm.

Irisity

Series B in 2017
Irisity provides AI-driven real-time video analytics software that converts standard cameras into intelligent detection systems while prioritizing privacy. Headquartered in Gothenburg, with offices in Israel, the United States, the United Arab Emirates, and Singapore, the company develops smart algorithms to detect and predict suspicious activities and safeguard people and assets. Its IRIS product integrates into new or existing camera systems, on-device, on servers, or in the cloud, and covers asset protection, traffic management, and forensic search across sectors such as safe cities, education, transportation, infrastructure, and security. The platform emphasizes real-time anonymization to support GDPR and privacy compliance. Irisity's AIOpen Platform enhances any camera and video management system with AI and metadata management, offering a hybrid deployment model and configurable privacy throughout its software portfolio.

Evispot

Pre Seed Round in 2017
Evispot is an AI-powered financial data analytics company that develops software to support precise credit decisions. Its platform processes large volumes of financial data, identifies credit patterns with machine learning, and evaluates loan portfolios to mitigate risk, improve fairness, and reduce bias in lending. The solution enables financial institutions to automate decisions, optimize trends, and update credit analytics in real time. Founded in 2017, Evispot is based in Gothenburg, Sweden.

Bokio

Seed Round in 2017
Bokio AB, founded in 2015 and based in Gothenburg, Sweden, specializes in developing and marketing accounting software that leverages artificial intelligence. The company provides solutions for bookkeeping, invoicing, and payroll services, making accounting accessible to small business owners, particularly in the UK. Its platform automates various financial processes, allowing users to efficiently manage their finances in one place. Additionally, Bokio serves as a marketplace for supplementary services that assist small business owners in simplifying their operations, including finding optimal insurance and pension solutions. The company also collaborates with partners to offer services like invoice sales to enhance liquidity and facilitates the sending of payslips and invoices through conventional mail, encompassing printing, envelopes, and postage.

Epishine

Seed Round in 2017
Epishine AB, founded in 2016 and based in Linköping, Sweden, specializes in the development and manufacture of solar cells designed to harness indoor light for powering low-energy devices. The company's products include a portable energy device with an exchangeable solar sheet and a charging unit equipped with USB ports, capable of powering lights and charging mobile phones. Epishine's technology utilizes organic materials and is optimized for functionality in low-light environments, providing an eco-friendly alternative to disposable batteries.

Swedish Algae Factory

Seed Round in 2017
Founded in 2014, Swedish Algae Factory specializes in algae cultivation systems and wastewater treatment technologies. The company extracts nanoporous silica shells from algae to enhance solar panel efficiency and develop sustainable products.

Gastrofy

Venture Round in 2017
Gastrofy AB is a Swedish start-up based in Stockholm that revolutionizes the way consumers plan and purchase groceries. The company operates an online application that allows users to order food through curated recipes tailored to their preferences. Gastrofy offers a weekly subscription service that delivers all the necessary ingredients for fresh meals directly to customers' homes. Emphasizing personalization and flexibility, users can modify recipes, add additional items, and adjust their delivery slots up to 24 hours before the scheduled delivery. By partnering with Sweden's largest supermarket chains, Gastrofy ensures that groceries are efficiently packed and delivered, enhancing the overall convenience of meal preparation for its customers.

Rdot Display

Pre Seed Round in 2017
Rdot Display is a Swedish company focused on transforming the reflective display industry. It specializes in the manufacture of printed displays that are designed to be low power consuming and efficient, catering to small display needs. Rdot's products are environmentally friendly and cost-effective, making them suitable for a variety of applications, including sensors, packaging, disposables, electronic shelf labels, and various consumer electronics. By enabling users to display simple messages with minimal power consumption and cost, Rdot Display aims to provide innovative solutions that meet contemporary demands for sustainability and efficiency.

Sigmastocks

Venture Round in 2017
Sigmastocks develops and distributes stock portfolios for individuals and businesses in Sweden. It offers investment portfolios categorized by different investment levels and operates a platform that uses digitization and financial mathematics to facilitate efficient stock trading. The company aims to provide a long-term savings alternative and contributes to a sustainable economic society. Sigmastocks is based in Gothenburg, Sweden.

Monivent

Seed Round in 2017
Monivent AB is a medtech company based in Gothenburg, Sweden, founded in 2013. It specializes in developing, manufacturing, and selling medical technology products aimed at improving respiratory support for newborns at birth. The company’s flagship product, the Monivent Neo100, features a specially designed face mask equipped with an integrated sensor module that measures airflow during manual ventilation. This device provides continuous feedback on the volume of air delivered, allowing healthcare staff to administer the appropriate amount of ventilation based on the infant's weight, thereby minimizing the risk of lung damage. Monivent also offers training services to ensure effective use of its technology.

Stayble Therapeutics

Venture Round in 2016
Stayble Therapeutics AB, headquartered in Gothenburg, Sweden, is a clinical-stage pharmaceutical company focused on developing a minimally invasive injection treatment for chronic discogenic low back pain. Their lead product candidate, STA363, is an intradiscally injected formulation designed to alleviate or eliminate pain by addressing the root causes of instability and inflammation within the affected discs. Having completed a Phase 1b clinical trial, STA363 targets patients who have not responded to conventional treatments such as analgesics and physiotherapy, offering a potential alternative to surgery. The company's experienced team comprises a renowned back-pain researcher, seasoned bio-entrepreneurs, and former senior pharmaceutical management, aiming to provide relief to millions of people disabled by chronic low back pain.

AddTruly

Seed Round in 2016
AddTruly AB is a digital corporate social responsibility platform based in Gothenburg, Sweden, designed for e-commerce companies. The company facilitates meaningful shopping experiences by allowing customers to make donations to various social projects during the checkout process. This service not only helps users contribute to relevant causes but also strengthens brand loyalty for e-commerce and booking sites. By integrating CSR into their business model, AddTruly enables online retailers to enhance their brand image and foster customer engagement. The platform provides periodic updates on the impact of donations, allowing businesses to maintain a relevant dialogue with their customers. Ultimately, AddTruly aims to support local development initiatives while helping companies align their operations with socially responsible practices.

Metry

Venture Round in 2016
Metry AB is a Swedish company specializing in energy data management, founded in 2012 and headquartered in Gothenburg. The company has developed a platform that aggregates and analyzes energy data from various sources, including utility providers and submetering systems. Metry's platform enables users to identify potential energy savings across buildings, businesses, and households by offering access to comprehensive data on electricity, heat, cooling, gas, and water usage. It independently collects data from over 100 utilities in Sweden and provides hourly values from more than 150,000 meters. The platform supports integration with Building Energy Management Systems (BEMS) and other third-party energy applications via a web-based API, facilitating efficient energy optimization and reporting. Metry serves a diverse clientele, including large corporations in the energy sector, thereby promoting energy efficiency and sustainability.

Aluwave

Seed Round in 2016
Founded in Sweden in 2004, Aluwave specializes in designing and supplying customized LED modules and fixtures for lighting manufacturers across Europe. The company's expertise lies in thermal management and its unique substrate system called Alunat™.

Minalyze

Venture Round in 2016
Minalyze AB is a Swedish company specializing in the development of analytical instruments and software for the mining and exploration industries. Founded in 2010 and headquartered in Savedalen, Minalyze provides mobile analysis solutions that are designed to endure harsh environments. Their products enable the on-site analysis of drill samples, facilitating geological data visualization and acquisition. Minalyze offers its services at various locations worldwide, including dedicated Core Competence Centres. The company's instruments support both short-term scanning projects and long-term initiatives, providing mining and exploration companies with essential geological insights for specialized projects.

Winningtemp

Seed Round in 2016
Winningtemp AB is a Swedish company that specializes in developing software for human resource management, aiming to foster prosperous and healthy workplaces. Founded in 2014 by Mathias Hansson Fredlund and Pierre Lindmark, the company combines expertise in IT and human resources. Its platform utilizes artificial intelligence to assess employee engagement, job satisfaction, and overall well-being, providing organizations with real-time insights into personnel data. This enables companies to make informed decisions, enhance productivity, and proactively address workplace issues. Winningtemp is headquartered in Gothenburg, Sweden, with an additional office in Stockholm.

Futchi

Seed Round in 2015
Futchi is a sports equipment developer based in Göteborg, Sweden, specializing in a unique game that combines elements of football and squash. The innovative sport is designed for both professional players and beginners, allowing them to engage in training exercises against a solid or net wall. This format enhances the skills and habits of youth, providing an effective and enjoyable way to improve their football abilities. By offering a new approach to team exercises, Futchi aims to create an engaging environment for players to develop their skills and experience a different dimension of ball games.

Bokio

Pre Seed Round in 2015
Bokio AB, founded in 2015 and based in Gothenburg, Sweden, specializes in developing and marketing accounting software that leverages artificial intelligence. The company provides solutions for bookkeeping, invoicing, and payroll services, making accounting accessible to small business owners, particularly in the UK. Its platform automates various financial processes, allowing users to efficiently manage their finances in one place. Additionally, Bokio serves as a marketplace for supplementary services that assist small business owners in simplifying their operations, including finding optimal insurance and pension solutions. The company also collaborates with partners to offer services like invoice sales to enhance liquidity and facilitates the sending of payslips and invoices through conventional mail, encompassing printing, envelopes, and postage.

Smoltek

Seed Round in 2013
Smoltek specializes in patented conductive nanostructure technology, enabling controlled growth on substrates. They collaborate with researchers at Chalmers University of Technology to solve complex engineering material challenges.

Nanofactory Instruments

Series A in 2008
Nanofactory Instruments AB offers TEM holders for in situ probing of electrical and mechanical properties of nanostructures. Nanofactory Instruments AB was founded in 1999 and is headquartered in Goteborg, Sweden with an additional office in Richardson, Texas.
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