Creandum

Creandum, established in 2003, is a Stockholm-based early-stage venture capital firm with additional offices in California and Berlin. It specializes in investing in innovative technology companies across Western Europe and North America, focusing on sectors such as information technology, climate tech, artificial intelligence & machine learning, and cybersecurity. Creandum provides not only capital but also operational expertise and a robust network to support founders.

Hanel Baveja

Principal

Daniel Blomquist

Operating Partner

Johan Brenner

General Partner

Fredrik Cassel

General Partner

Maximilian Grohmann

Associate

Staffan Helgesson

Founder and General Partner

Beata Klein

Principal

Simon Schmincke

General Partner

Peter Specht

General Partner

Bjarke Staun-Olsen

Principal

Jonathan Teklu

Venture Partner

Sanna Westman

Investment Manager

Past deals in Embedded Software

Swan

Series B in 2025
Swan is a Paris-based fintech company founded in 2019 that specializes in embedded finance through its Banking-as-a-Service platform. It enables businesses to create and manage bank accounts, issue cards, and generate IBANs seamlessly using straightforward APIs. Serving more than 60 clients across ten European countries, Swan handles over 200 million euros in transactions monthly. The company is staffed by over 100 employees, led by experts in the fintech sector. As a licensed financial institution regulated by the ACPR, Swan operates as a principal member of Mastercard, positioning itself as a key player in the European financial technology landscape.

Swan

Series B in 2023
Swan is a Paris-based fintech company founded in 2019 that specializes in embedded finance through its Banking-as-a-Service platform. It enables businesses to create and manage bank accounts, issue cards, and generate IBANs seamlessly using straightforward APIs. Serving more than 60 clients across ten European countries, Swan handles over 200 million euros in transactions monthly. The company is staffed by over 100 employees, led by experts in the fintech sector. As a licensed financial institution regulated by the ACPR, Swan operates as a principal member of Mastercard, positioning itself as a key player in the European financial technology landscape.

Swan

Series A in 2021
Swan is a Paris-based fintech company founded in 2019 that specializes in embedded finance through its Banking-as-a-Service platform. It enables businesses to create and manage bank accounts, issue cards, and generate IBANs seamlessly using straightforward APIs. Serving more than 60 clients across ten European countries, Swan handles over 200 million euros in transactions monthly. The company is staffed by over 100 employees, led by experts in the fintech sector. As a licensed financial institution regulated by the ACPR, Swan operates as a principal member of Mastercard, positioning itself as a key player in the European financial technology landscape.

Swan

Seed Round in 2020
Swan is a Paris-based fintech company founded in 2019 that specializes in embedded finance through its Banking-as-a-Service platform. It enables businesses to create and manage bank accounts, issue cards, and generate IBANs seamlessly using straightforward APIs. Serving more than 60 clients across ten European countries, Swan handles over 200 million euros in transactions monthly. The company is staffed by over 100 employees, led by experts in the fintech sector. As a licensed financial institution regulated by the ACPR, Swan operates as a principal member of Mastercard, positioning itself as a key player in the European financial technology landscape.

Nanoradio

Venture Round in 2010
Nanoradio AB is a fabless semiconductor company based in Kista, Sweden. Founded in 2004, it specializes in providing wireless solutions for the cellular handset and consumer electronics markets. The company offers a range of products including multimedia solutions, single-chip systems in packages, wireless LAN products, and chipsets. Nanoradio also supplies software, such as diagnostic tools and software development kits, to facilitate the design of embedded applications. Its technologies are integrated into various devices including VoIP telephones, headsets, portable audio devices, handheld computing devices, digital cameras, and mobile gaming platforms, as well as convergence mobile phones and consumer electronics. In addition to its headquarters in Sweden, Nanoradio maintains sales offices in Korea, Japan, and the United States. It operates as a subsidiary of Wireless Experience AB.

Nanoradio

Venture Round in 2009
Nanoradio AB is a fabless semiconductor company based in Kista, Sweden. Founded in 2004, it specializes in providing wireless solutions for the cellular handset and consumer electronics markets. The company offers a range of products including multimedia solutions, single-chip systems in packages, wireless LAN products, and chipsets. Nanoradio also supplies software, such as diagnostic tools and software development kits, to facilitate the design of embedded applications. Its technologies are integrated into various devices including VoIP telephones, headsets, portable audio devices, handheld computing devices, digital cameras, and mobile gaming platforms, as well as convergence mobile phones and consumer electronics. In addition to its headquarters in Sweden, Nanoradio maintains sales offices in Korea, Japan, and the United States. It operates as a subsidiary of Wireless Experience AB.

Imsys

Series A in 2005
Imsys AB designs and supplies networked microprocessor solutions to OEMs in the market of Embedded Control and Telematic systems. Imsys' patented technology for reconfigurable microprocessor cores enables cost effective integration of connectivity to machines or entire plants, as well as to field devices located outside the main facilities, providing remote control, monitoring and optimization of such assets. The processors are programmed in C/C++, assembler or Java. For efficient Java execution the full Java byte codes are part of a special instruction set. The platform is well suited for advanced Java ME systems with many threads.
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