Industrifonden is a venture capital firm based in Stockholm, Sweden, founded in 1979. The firm specializes in early-stage investments in small and medium-sized enterprises, particularly within the technology and life science sectors. It focuses on a wide range of technology areas, including internet and media, information technology, telecommunications, automation, robotics, deep tech, and cleantech. In life sciences, Industrifonden targets pharmaceuticals and medical technology. The firm typically invests between SEK 5 million and SEK 100 million in companies with annual revenues up to SEK 400 million. As an active minority investor, Industrifonden seeks ownership stakes of 15 to 50 percent and often takes a board seat. It provides financing through equity capital, loans, and guarantees, and prefers to co-invest with other regional venture capital firms. The firm's investment strategy aims for exits within five to ten years, either through sales to industry players or initial public offerings. Additionally, Industrifonden maintains offices in Malmö, Linköping, and Gothenburg, contributing to its extensive support for entrepreneurs in Sweden.
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for chronic inflammatory conditions through the inhibition of the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Originating from research at Karolinska Institutet, the company's most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. In preclinical studies, vipoglanstat has shown significant reductions in endometriotic lesions, pain relief, and improved well-being, with plans for a clinical phase II study underway. Additionally, Gesynta Pharma is preparing to advance another drug candidate, GS-073, into clinical phase I for a different inflammatory condition in 2023. The company aims to provide safe and effective treatment options for patients facing serious diseases related to chronic inflammation. Founded in 2017, Gesynta Pharma is supported by various investors, including Hadean Ventures, Industrifonden, and Linc.
Apica
Venture Round in 2024
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
TrusTrace
Series B in 2024
TrusTrace operates a traceability as a service platform designed to enhance transparency and compliance in the fashion supply chain. Founded in 2016 and based in Stockholm, Sweden, with an additional location in Coimbatore, India, the company offers a suite of tools to support product traceability and environmental management. Its primary offerings include T-Tracem, which tracks products from fiber to garment; T-CET, a customer engagement tool; I-CAT, which helps manage the environmental footprint; T-VeM for vendor management; T-BlockS, a blockchain solution for enhanced traceability and collaboration; and T-EMS, an evidence management tool. TrusTrace's technology enables global brands and suppliers to standardize the collection, digitization, and sharing of reliable supply chain data, allowing them to substantiate product claims and ensure regulatory compliance effectively.
Fast Travel Games
Venture Round in 2023
Fast Travel Games is a game development studio based in Stockholm, Sweden, specializing in virtual reality (VR) games. Founded by experienced professionals from notable studios such as EA DICE, Rovio, and Avalanche, the company aims to transform the gaming experience through immersive VR environments. They focus on creating games that promote exploration, rich narratives, and social interaction, allowing players to engage with their surroundings and each other in innovative ways. Fast Travel Games is dedicated to delivering engaging experiences that enhance the way players connect with gaming universes.
Pixelgen Technologies
Series A in 2023
Pixelgen Technologies is a company focused on advancing biomedical research and diagnostics through the development of innovative bio-analytical tools. Founded in 2020 and based in Sweden, the firm specializes in creating novel analytical methods and products that enhance the understanding of biological processes. These tools are designed to provide researchers and drug developers with valuable insights into biomedicine, ultimately aiming to improve health outcomes. By delivering advanced solutions for biomedical analysis, Pixelgen Technologies plays a crucial role in supporting scientific discovery and development in the healthcare sector.
Apica
Venture Round in 2023
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
Virkesbörsen
Venture Round in 2023
Virkesbörsen has developed a digital marketplace for buying and selling wood in Sweden.
Hopsworks
Series B in 2023
Hopsworks, founded in 2016 and based in Stockholm, Sweden, is a developer of a data platform that focuses on artificial intelligence and machine learning. The company offers Hops Enterprise Services, which utilizes deep learning, stream processing, and SQL capabilities. Hopsworks provides an on-premise data management and data science platform called Hopsworks Enterprise, which includes tools for planning, pricing, and calculating return on investment for data scientists. The platform is designed to support the development and management of feature, training, and inference pipelines at scale, catering to diverse data teams and sources. Hopsworks specializes in technologies such as TensorFlow, Flink, MySQL, and HDFS, enabling clients to implement AI solutions for complex business challenges with optimal performance and availability.
Open Payments
Venture Round in 2023
Open Payments Europe is a developer of an open banking platform that facilitates secure access to various bank API networks across Europe. Established in 2017 and based in Stockholm, Sweden, the company offers a PSD2 compliant API aggregation platform, ensuring a unified and secure point of access for users. The platform is designed to allow third-party providers and business partners to create and manage their own products and services while maintaining control over the user experience. By using multi-language support and sample integrations, Open Payments enables businesses to seamlessly connect with banks and financial services, thereby enhancing the efficiency of their operations and fostering innovation in the financial sector.
Viking Analytics
Series A in 2023
Viking Analytics AB, based in Gothenburg, Sweden, develops advanced software solutions tailored for the manufacturing, chemical, and process industries. Established in 2012, the company specializes in its MultiViz analytics software, which assists industrial firms in preparing, analyzing, and organizing sensor data and condition monitoring information. This tool enables users to visualize data effectively, detect patterns, and monitor machine performance with greater reliability. Since 2018, Viking Analytics has focused on enhancing the capabilities of maintenance firms, original equipment manufacturers, and system integrators by identifying machines that require attention and providing insights into the reasons for their condition. By utilizing feedback from experts, the software continuously improves its performance, reducing false alarms and eliminating the need for companies to maintain their own artificial intelligence teams. Overall, Viking Analytics contributes to process optimization and minimizes unplanned maintenance interruptions through advanced anomaly detection and predictive analytics.
EnginZyme
Series B in 2022
EnginZyme AB is a biotechnology company based in Stockholm, Sweden, founded in 2014. The company specializes in biocatalysis and a cell-free synthetic biology platform to create sustainable alternatives to conventional materials such as plastics, nylons, and rubbers. EnginZyme's innovative approach focuses on biomanufacturing techniques that promote green chemistry across various industries, including pharmaceuticals, food, chemicals, flavors, and fragrances. By utilizing patented cell-free technology, EnginZyme aims to replace traditional fossil-based manufacturing, thus facilitating the shift toward environmentally friendly production methods. The company has gained recognition for its contributions to sustainability, being named a Global Cleantech 100 company and recognized as a Technology Pioneer by the World Economic Forum. EnginZyme is supported by a diverse group of investors, reflecting its potential impact on addressing climate change and promoting sustainable practices in manufacturing.
Occtoo
Seed Round in 2022
Occtoo AB is a software as a service company based in Vellinge, Sweden, that offers an Experience Data Platform aimed at enhancing digital experiences for retailers and brands. Founded in 2019, the platform enables marketers and content managers to easily orchestrate and personalize customer interactions by transforming enterprise data into actionable experience data. Occtoo provides no-code and low-code solutions that facilitate content personalization, dynamic product profiling, and customer insights, while also allowing for real-time data collection across various devices and channels. This technology streamlines the creation of applications and digital experiences, reducing the need for complex integrations. Notable clients include brands such as Cartier, Intersport, Fjällräven, and Filippa K, reflecting the platform's effectiveness in delivering tailored user experiences throughout the customer journey.
Airsonett
Venture Round in 2022
Airsonett is a medical device company focused on developing non-pharmaceutical treatments for allergic asthma and eczema. Its flagship product, the Air4, utilizes patented Temperature-controlled Laminar Airflow (TLA) technology to significantly reduce allergens and airborne irritants in a patient's breathing zone during rest and sleep. This innovative home medical device aims to provide relief for individuals suffering from allergic asthma and atopic eczema, primarily serving patients in Sweden and the UK. By offering a non-invasive solution, Airsonett addresses the need for effective prophylactic treatments without relying on traditional medication.
Elypta
Series A in 2022
Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.
Nextory
Venture Round in 2022
Nextory AB is a Sweden-based company that specializes in providing a subscription service for access to a diverse collection of e-books and audiobooks through its mobile application. The platform offers users the ability to download and listen to audiobooks or read e-books in PDF format, facilitating a convenient and flexible reading experience on smartphones and tablets. Nextory aims to enhance literary engagement by giving clients a broad catalog of digital content, allowing them to explore new stories and genres.
TrusTrace
Series A in 2021
TrusTrace operates a traceability as a service platform designed to enhance transparency and compliance in the fashion supply chain. Founded in 2016 and based in Stockholm, Sweden, with an additional location in Coimbatore, India, the company offers a suite of tools to support product traceability and environmental management. Its primary offerings include T-Tracem, which tracks products from fiber to garment; T-CET, a customer engagement tool; I-CAT, which helps manage the environmental footprint; T-VeM for vendor management; T-BlockS, a blockchain solution for enhanced traceability and collaboration; and T-EMS, an evidence management tool. TrusTrace's technology enables global brands and suppliers to standardize the collection, digitization, and sharing of reliable supply chain data, allowing them to substantiate product claims and ensure regulatory compliance effectively.
Limina Investment Management Solution
Series A in 2021
Limina Investment Management Solution (IMS) is a Front-to-Middle Office Solution that let investment managers focus on what matters: producing investment returns with minimal operational risk. The open platform help Asset Managers overcome fragmented workflows and increase confidence in data and oversight. Limina was founded by former investment managers that set out to create a solution to the challenges they faced. The solution now offered by Limina is engineered in Sweden and delivered by industry experts globally.
Hopsworks
Series A in 2021
Hopsworks, founded in 2016 and based in Stockholm, Sweden, is a developer of a data platform that focuses on artificial intelligence and machine learning. The company offers Hops Enterprise Services, which utilizes deep learning, stream processing, and SQL capabilities. Hopsworks provides an on-premise data management and data science platform called Hopsworks Enterprise, which includes tools for planning, pricing, and calculating return on investment for data scientists. The platform is designed to support the development and management of feature, training, and inference pipelines at scale, catering to diverse data teams and sources. Hopsworks specializes in technologies such as TensorFlow, Flink, MySQL, and HDFS, enabling clients to implement AI solutions for complex business challenges with optimal performance and availability.
Fast Travel Games
Series B in 2021
Fast Travel Games is a game development studio based in Stockholm, Sweden, specializing in virtual reality (VR) games. Founded by experienced professionals from notable studios such as EA DICE, Rovio, and Avalanche, the company aims to transform the gaming experience through immersive VR environments. They focus on creating games that promote exploration, rich narratives, and social interaction, allowing players to engage with their surroundings and each other in innovative ways. Fast Travel Games is dedicated to delivering engaging experiences that enhance the way players connect with gaming universes.
Digip
Seed Round in 2021
Digip is a Swedish legal tech SaaS company that offers trademark accessible and affordable protection, By combining tech, know-how, and investments, Digip creates the most innovative technology on the market to enhance the customer experience, streamline processes and lower the cost of intellectual property protection.
NuvoAir
Series A in 2021
NuvoAir AB, founded in 2015 and based in Stockholm, Sweden, is a medical technology company focused on monitoring lung function through its Air Next home spirometer. The company operates an online platform to provide its products and services. NuvoAir Medical offers a comprehensive care model that integrates advanced monitoring technology and analytics with evidence-based interventions for managing chronic heart and lung conditions. This approach emphasizes personalized care, delivered by a multidisciplinary team, and collaborates with health plans and risk-bearing entities to implement flexible payment arrangements. By focusing on value-based specialty management, NuvoAir aims to improve patient outcomes while reducing healthcare costs.
Exeri
Venture Round in 2021
Exeri AB, founded in 2009 and based in Luleå, Sweden, specializes in transforming traditional electric grids into Smart Grids through its innovative Smart Grid Surveillance (SGS) system. This comprehensive technology digitizes electric grid networks, enabling real-time monitoring and providing network owners with up-to-date information on their systems. Exeri's solution enhances the security of electricity networks by facilitating quick problem detection and reducing power outage durations. Utilizing IoT technology and AI-driven algorithms, the system offers precise error localization, predictive maintenance capabilities, and decision support tools. This not only improves the efficiency of electricity grids but also supports the integration of renewable energy sources and the charging of electric vehicles, contributing to a sustainable energy future.
EnginZyme
Series A in 2021
EnginZyme AB is a biotechnology company based in Stockholm, Sweden, founded in 2014. The company specializes in biocatalysis and a cell-free synthetic biology platform to create sustainable alternatives to conventional materials such as plastics, nylons, and rubbers. EnginZyme's innovative approach focuses on biomanufacturing techniques that promote green chemistry across various industries, including pharmaceuticals, food, chemicals, flavors, and fragrances. By utilizing patented cell-free technology, EnginZyme aims to replace traditional fossil-based manufacturing, thus facilitating the shift toward environmentally friendly production methods. The company has gained recognition for its contributions to sustainability, being named a Global Cleantech 100 company and recognized as a Technology Pioneer by the World Economic Forum. EnginZyme is supported by a diverse group of investors, reflecting its potential impact on addressing climate change and promoting sustainable practices in manufacturing.
inRiver
Venture Round in 2020
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.
Open Payments
Seed Round in 2020
Open Payments Europe is a developer of an open banking platform that facilitates secure access to various bank API networks across Europe. Established in 2017 and based in Stockholm, Sweden, the company offers a PSD2 compliant API aggregation platform, ensuring a unified and secure point of access for users. The platform is designed to allow third-party providers and business partners to create and manage their own products and services while maintaining control over the user experience. By using multi-language support and sample integrations, Open Payments enables businesses to seamlessly connect with banks and financial services, thereby enhancing the efficiency of their operations and fostering innovation in the financial sector.
Gesynta Pharma
Series C in 2020
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for chronic inflammatory conditions through the inhibition of the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Originating from research at Karolinska Institutet, the company's most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. In preclinical studies, vipoglanstat has shown significant reductions in endometriotic lesions, pain relief, and improved well-being, with plans for a clinical phase II study underway. Additionally, Gesynta Pharma is preparing to advance another drug candidate, GS-073, into clinical phase I for a different inflammatory condition in 2023. The company aims to provide safe and effective treatment options for patients facing serious diseases related to chronic inflammation. Founded in 2017, Gesynta Pharma is supported by various investors, including Hadean Ventures, Industrifonden, and Linc.
DbVis Software
Venture Round in 2020
DbVis Software AB, founded in 2003 and based in Stockholm, Sweden, specializes in developing database management and analysis software. Its flagship product, DbVisualizer, serves as a platform-independent tool that connects to various data sources, allowing users to manage database-specific objects and perform tasks such as creating, editing, and compiling procedures, functions, and triggers. The software also facilitates schema exports and the comparison of editors and result sets. DbVis Software emphasizes user feedback in its development process, ensuring that new features are added thoughtfully. The company offers dedicated support directly from its development team, maintaining a transparent and competitive pricing model that includes a free version of DbVisualizer, as well as discounts for educational and non-profit institutions. With over 6 million downloads and adoption by more than 28,000 companies across 145 countries, DbVis Software is committed to providing high-quality tools that enhance the efficiency of database users.
Nextory
Venture Round in 2020
Nextory AB is a Sweden-based company that specializes in providing a subscription service for access to a diverse collection of e-books and audiobooks through its mobile application. The platform offers users the ability to download and listen to audiobooks or read e-books in PDF format, facilitating a convenient and flexible reading experience on smartphones and tablets. Nextory aims to enhance literary engagement by giving clients a broad catalog of digital content, allowing them to explore new stories and genres.
Barnebys
Venture Round in 2020
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
Elypta
Seed Round in 2020
Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.
Ingrid Cloud
Venture Round in 2019
Ingrid Cloud AB, based in Stockholm, Sweden, specializes in a cloud-based computational application designed for wind simulation. Founded in 2014, the company offers an automated platform that streamlines the flow simulation and design optimization process. By converting computer-aided design (CAD) geometry into complex simulation models without requiring manual intervention, Ingrid Cloud's technology enhances accuracy, flexibility, and cost efficiency. This user-friendly service allows designers, architects, engineers, and researchers, even those without prior knowledge of computational fluid dynamics, to effectively predict flow and refine their designs.
Athera Biotechnologies
Venture Round in 2019
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.
NuvoAir
Venture Round in 2019
NuvoAir AB, founded in 2015 and based in Stockholm, Sweden, is a medical technology company focused on monitoring lung function through its Air Next home spirometer. The company operates an online platform to provide its products and services. NuvoAir Medical offers a comprehensive care model that integrates advanced monitoring technology and analytics with evidence-based interventions for managing chronic heart and lung conditions. This approach emphasizes personalized care, delivered by a multidisciplinary team, and collaborates with health plans and risk-bearing entities to implement flexible payment arrangements. By focusing on value-based specialty management, NuvoAir aims to improve patient outcomes while reducing healthcare costs.
Gesynta Pharma
Seed Round in 2019
Gesynta Pharma AB is a clinical-stage pharmaceutical company based in Solna, Sweden, focused on developing innovative treatments for chronic inflammatory conditions through the inhibition of the pro-inflammatory enzyme microsomal prostaglandin E synthase-1 (mPGES-1). Originating from research at Karolinska Institutet, the company's most advanced drug candidate, vipoglanstat (GS-248), is being developed as a non-hormonal treatment for endometriosis, a prevalent and painful condition affecting many women of reproductive age. In preclinical studies, vipoglanstat has shown significant reductions in endometriotic lesions, pain relief, and improved well-being, with plans for a clinical phase II study underway. Additionally, Gesynta Pharma is preparing to advance another drug candidate, GS-073, into clinical phase I for a different inflammatory condition in 2023. The company aims to provide safe and effective treatment options for patients facing serious diseases related to chronic inflammation. Founded in 2017, Gesynta Pharma is supported by various investors, including Hadean Ventures, Industrifonden, and Linc.
Apica
Series D in 2018
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
DPOrganizer
Series A in 2018
DPOrganizer is a privacy management software company founded in 2015 and headquartered in Stockholm, Sweden. The software is designed to assist professionals throughout the privacy program lifecycle by enabling them to map, visualize, report, and manage the processing of personal data. This functionality helps clients improve control and compliance with privacy regulations, reduce risks, and utilize internal resources more efficiently. The platform aims to facilitate better collaboration and communication within organizations, ultimately supporting their growth in compliance with GDPR and other privacy requirements.
DPOrganizer
Series A in 2017
DPOrganizer is a privacy management software company founded in 2015 and headquartered in Stockholm, Sweden. The software is designed to assist professionals throughout the privacy program lifecycle by enabling them to map, visualize, report, and manage the processing of personal data. This functionality helps clients improve control and compliance with privacy regulations, reduce risks, and utilize internal resources more efficiently. The platform aims to facilitate better collaboration and communication within organizations, ultimately supporting their growth in compliance with GDPR and other privacy requirements.
Barnebys
Venture Round in 2017
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
Adfenix
Series A in 2017
Adfenix AB, founded in 2014 and headquartered in Gothenburg, Sweden, specializes in a social media advertising platform tailored for real estate agents. The company enables these agents to effectively reach new customers through targeted social media campaigns. By leveraging comprehensive real estate data, Adfenix empowers agents to assist consumers in their home-buying journey. The platform provides quality advertising products and related services, streamlining the process for real estate professionals and enhancing their marketing capabilities.
Starcounter
Venture Round in 2017
Starcounter, founded in 2006 by Joachim Wester, is a privately held company based in Stockholm, Sweden, with additional offices in Gdansk, Poland, and Palo Alto, USA. The company specializes in developing a database management platform aimed at revitalizing enterprise software systems. Its innovative platform integrates an in-memory database engine with an application server, facilitating the creation of high-performance business applications. Starcounter's research and development team, composed of over 30 experts in artificial intelligence, mathematics, and algorithms from seven different countries, drives the company's advancements in technology. By leveraging artificial intelligence and in-memory computing, Starcounter enhances the efficiency and performance of software applications for enterprises.
Fast Travel Games
Series A in 2017
Fast Travel Games is a game development studio based in Stockholm, Sweden, specializing in virtual reality (VR) games. Founded by experienced professionals from notable studios such as EA DICE, Rovio, and Avalanche, the company aims to transform the gaming experience through immersive VR environments. They focus on creating games that promote exploration, rich narratives, and social interaction, allowing players to engage with their surroundings and each other in innovative ways. Fast Travel Games is dedicated to delivering engaging experiences that enhance the way players connect with gaming universes.
Apica
Venture Round in 2017
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
Athera Biotechnologies
Venture Round in 2017
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.
inRiver
Venture Round in 2017
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.
Nextory
Venture Round in 2017
Nextory AB is a Sweden-based company that specializes in providing a subscription service for access to a diverse collection of e-books and audiobooks through its mobile application. The platform offers users the ability to download and listen to audiobooks or read e-books in PDF format, facilitating a convenient and flexible reading experience on smartphones and tablets. Nextory aims to enhance literary engagement by giving clients a broad catalog of digital content, allowing them to explore new stories and genres.
Barnebys
Venture Round in 2017
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
OxThera
Series D in 2016
OxThera AB is a biopharmaceutical company focused on developing treatments for primary and secondary hyperoxaluria, a condition that can lead to kidney stones and impaired kidney function. Founded in 2005 and based in Stockholm, Sweden, with an additional location in Knoxville, Tennessee, OxThera manufactures two main products: Oxabact and Oxazyme. Oxabact is an orally administered composition of live bacteria designed to enhance the removal of oxalate produced by the body, while Oxazyme is a non-systemic oral drug that contains recombinant oxalate decarboxylase, aimed at treating dietary hyperoxaluria and preventing kidney stones. The company holds worldwide patents for its innovative therapies and has received Orphan Drug designations for Oxabact in both Europe and the United States. Through its advanced biotherapy technologies, OxThera aims to improve kidney health and preserve organ function in patients affected by hyperoxaluria.
BONESUPPORT
Venture Round in 2016
BONESUPPORT AB is a medical technology company based in Lund, Sweden, specializing in the development of injectable bioceramic bone graft substitutes designed to address fractures and bone voids resulting from trauma, infection, disease, or surgical interventions. The company's product portfolio includes CERAMENT BONE VOID FILLER, CERAMENT G, and CERAMENT V, which are tailored for various orthopedic applications. CERAMENT V is an antibiotic eluting bone graft substitute that utilizes vancomycin to promote bone healing, while CERAMENT G employs gentamicin for similar purposes. The CERAMENT BONE VOID FILLER serves as a ceramic filler for gaps and voids in orthopedic settings. BONESUPPORT's mission is to improve the quality of life for patients with bone disorders, and the company operates additional locations in Germany, Switzerland, the United Kingdom, the United States, and India. Founded in 1999, BONESUPPORT AB is a subsidiary of Bonesupport Holding AB.
Nextory
Venture Round in 2016
Nextory AB is a Sweden-based company that specializes in providing a subscription service for access to a diverse collection of e-books and audiobooks through its mobile application. The platform offers users the ability to download and listen to audiobooks or read e-books in PDF format, facilitating a convenient and flexible reading experience on smartphones and tablets. Nextory aims to enhance literary engagement by giving clients a broad catalog of digital content, allowing them to explore new stories and genres.
Sol Voltaics
Grant in 2016
Sol Voltaics AB is a nanotechnology company based in Lund, Sweden, that specializes in enhancing the efficiency of solar energy capture and generation. Established in 2007, the company develops and commercializes innovative nanomaterials, particularly through its flagship product, SolFilm. This solar panel additive, composed of gallium arsenide nanowires, is designed to improve the performance of conventional silicon solar modules. SolFilm is lightweight and transparent to infrared light, allowing it to convert high-energy sunlight directly into electricity while enabling additional power generation through underlying solar cells in a stacked configuration. By integrating these advanced technologies, Sol Voltaics aims to significantly boost the efficiency of photovoltaic modules, potentially increasing their output by up to 50%.
Sol Voltaics
Series C in 2016
Sol Voltaics AB is a nanotechnology company based in Lund, Sweden, that specializes in enhancing the efficiency of solar energy capture and generation. Established in 2007, the company develops and commercializes innovative nanomaterials, particularly through its flagship product, SolFilm. This solar panel additive, composed of gallium arsenide nanowires, is designed to improve the performance of conventional silicon solar modules. SolFilm is lightweight and transparent to infrared light, allowing it to convert high-energy sunlight directly into electricity while enabling additional power generation through underlying solar cells in a stacked configuration. By integrating these advanced technologies, Sol Voltaics aims to significantly boost the efficiency of photovoltaic modules, potentially increasing their output by up to 50%.
Barnebys
Series A in 2015
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
Athera Biotechnologies
Venture Round in 2015
Athera is a biopharmaceutical company focused on developing targeted anti-inflammatory biological candidate drugs and companion diagnostics for the prevention and treatment of cardiovascular disease (“CVD”). The Company initiated its current program in 2005, harnessing breakthrough innovations made at the world-renowned Karolinska Institutet, Solna, Sweden. The company currently has a proprietary clinical development stage program, PC-mAb, supported by an approved proprietary companion diagnostic kit.
inRiver
Venture Round in 2015
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.
Starcounter
Seed Round in 2015
Starcounter, founded in 2006 by Joachim Wester, is a privately held company based in Stockholm, Sweden, with additional offices in Gdansk, Poland, and Palo Alto, USA. The company specializes in developing a database management platform aimed at revitalizing enterprise software systems. Its innovative platform integrates an in-memory database engine with an application server, facilitating the creation of high-performance business applications. Starcounter's research and development team, composed of over 30 experts in artificial intelligence, mathematics, and algorithms from seven different countries, drives the company's advancements in technology. By leveraging artificial intelligence and in-memory computing, Starcounter enhances the efficiency and performance of software applications for enterprises.
Glionova
Series A in 2014
Glionova AB is a development stage biopharmaceutical company based in Stockholm, Sweden, founded in 2014. The company focuses on developing therapies for challenging cancers, particularly glioblastoma, which is a common and aggressive primary brain tumor. Glionova is advancing its lead product, GLN-1001, an orally bioavailable small molecule designed to induce selective cell death in glioblastoma cells while sparing normal brain tissue. In addition to its research and development efforts, Glionova aims to market its product through strategic partnerships with global pharmaceutical companies that specialize in oncology.
Barnebys
Venture Round in 2014
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
BoMill
Venture Round in 2014
BoMill AB specializes in grain quality sorting solutions, focusing on the analysis and separation of granular products such as wheat, durum wheat, barley, and oats. The company offers two main products: TriQ, a large-scale grain quality sorting solution, and IQ, designed for laboratory use. Founded in 2001 by Swedish biochemist Bo Löfqvist, BoMill has extensive expertise in single kernel sorting technology. The company provides additional support services, including customer care and installation, and serves various sectors such as seed cleaning, malt houses, and flour mills. Headquartered in Malmö, Sweden, BoMill markets its technology and know-how across Europe, North America, and Australia, utilizing its own sales organization as well as agents and distributors.
InDex Pharmaceuticals
Venture Round in 2014
InDex Pharmaceuticals AB is a clinical-stage biopharmaceutical company based in Stockholm, Sweden, focused on developing treatments for ulcerative colitis and other immunological diseases. The company’s lead product, cobitolimod, offers a local anti-inflammatory effect that aids in mucosal healing and alleviates clinical symptoms. Additionally, InDex Pharmaceuticals utilizes its proprietary DNA-based ImmunoModulatory Sequences (DIMS) platform to create drugs aimed at various therapeutic areas, including inflammation and cancer. The company also provides DiBiCol, a diagnostic kit designed to monitor specific biomarkers related to ulcerative colitis and Crohn’s disease from a single colonic biopsy. Founded in 2016, InDex Pharmaceuticals operates as a subsidiary of InDex Pharmaceuticals Holding AB (publ).
MagComp
Venture Round in 2013
MagComp AB, established in 2005 as a spin-off from Lund University, is based in Eslöv, Sweden, and specializes in the development, manufacturing, and supply of inductors and industrial induction heating systems. The company provides solutions for a variety of applications, including pre-heating, re-heating of strip metal and wire, drying, cleaning, thermal compensation, and curing processes. MagComp also produces innovative products such as MagChoke, along with LC, LCL, and sinus filters, which are utilized in systems like uninterruptible power supplies, solar inverters, and active harmonic filters. The company emphasizes energy efficiency and operates in close collaboration with Lund University to enhance its research and development efforts. With a focus on providing efficient magnetic materials and microprocessors, MagComp aims to help clients reduce operating costs and improve productivity, thereby increasing their competitiveness in the manufacturing sector.
Calliditas Therapeutics
Series C in 2013
Calliditas Therapeutics AB is a specialty pharmaceutical company based in Stockholm, Sweden, dedicated to developing and commercializing treatments for patients with significant unmet medical needs, particularly in niche indications. The company is primarily focused on its product candidate, Nefecon, which features a patented formulation designed to deliver budesonide directly to the target area, aiming to treat IgA nephropathy, an inflammatory renal disease. Calliditas is currently conducting a global Phase 3 clinical trial for Nefecon and plans to bring the medication to market in the United States. Additionally, the company is exploring novel treatments for orphan indications, with a particular emphasis on renal and hepatic diseases.
Sol Voltaics
Series B in 2013
Sol Voltaics AB is a nanotechnology company based in Lund, Sweden, that specializes in enhancing the efficiency of solar energy capture and generation. Established in 2007, the company develops and commercializes innovative nanomaterials, particularly through its flagship product, SolFilm. This solar panel additive, composed of gallium arsenide nanowires, is designed to improve the performance of conventional silicon solar modules. SolFilm is lightweight and transparent to infrared light, allowing it to convert high-energy sunlight directly into electricity while enabling additional power generation through underlying solar cells in a stacked configuration. By integrating these advanced technologies, Sol Voltaics aims to significantly boost the efficiency of photovoltaic modules, potentially increasing their output by up to 50%.
inRiver
Venture Round in 2013
inRiver AB develops a product information management (PIM) software solution that enables branded manufacturers, industrial manufacturers, and retailers to create, manage, and distribute product information effectively. The company serves B2C and B2B multi-channel commerce professionals, enhancing their ability to drive online sales and maintain customer satisfaction. Founded in 2003 and headquartered in Malmö, Sweden, inRiver has established regional offices in Chicago, Amsterdam, and Stockholm, along with sales offices in various global locations. The platform allows organizations to turn product information into strategic assets by uniformly presenting sales materials, such as videos, text, and images, across multiple channels and languages. With over 1,000 brands and 400 customers in 19 countries, inRiver helps businesses increase revenue and strengthen brand equity.
Foap
Seed Round in 2013
Foap is a Swedish startup that operates a crowdsourced photo and video marketplace aimed at connecting brands with photographers and videographers. Users can upload photos taken on their iPhones to the Foap app, where approved images are published on the company's website for editorial and commercial sales. Each photo can be sold an unlimited number of times, and Foap shares the revenue with creators on a 50/50 basis, with photos priced at $10 per license. The company seeks to build a diverse image database that reflects authentic and local content, distinguishing itself from typical stock photos that saturate the market. By focusing on high-quality, real images, Foap aims to provide brands with engaging visual content at affordable prices while continually expanding its library with new submissions.
Mantex
Venture Round in 2013
Mantex AB manufactures and sells industrial X-ray scanners, primarily serving the bioenergy, pulp and paper, and research sectors both in Sweden and internationally. Established in 1987 and based in Kista, Sweden, the company specializes in biofuel analyzers that evaluate the quality of wood-based biofuels, as well as flow scanners designed to assess wood chips for pulp and paper production. Mantex's innovative technology enables real-time analysis of organic materials used in various industrial processes, helping to identify foreign objects and measure material properties effectively. This capability is particularly important in addressing the challenges posed by variations in the water content of raw materials, which can impact the purchasing and processing of organic matter in large quantities.
Flexenclosure
Series A in 2013
Flexenclosure is an engineering company based in Sweden. We specialise in intelligent telecom site solutions, helping operators all over the world expand and modernise their networks. Our products are factory built and modular. This way, we can guarantee premium reliability and great flexibility. We believe firmly in renewable energy – but not only for the sake of the environment. Our products prove that switching to green energy is an incredibly efficient way to cut operating costs. We also believe that technology can, and should, make a difference to people – wherever in the world they may be. Community Power is an example of this, making electricity, and thereby social development, available to people in rural areas. We act on a global market. Among our clients are telecom companies like Ericsson, Airtel, MTN and Zain.
Qwaya
Series A in 2013
Qwaya AB is a technology company based in Stockholm, Sweden, that specializes in providing a comprehensive advertising tool for Facebook marketing. The platform enables business clients to create, publish, track, optimize, and organize their Facebook advertisement campaigns with ease. Qwaya's tool is designed for a wide range of advertisers and agencies, featuring user-friendly functionality and a low flat fee pricing model. In addition to its core capabilities, Qwaya offers options for scheduling campaigns, setting performance-based rules to pause ads, and facilitating collaboration among team members. As a certified Facebook Preferred Marketing Developer, Qwaya is committed to enhancing social media marketing through its advanced tools and resources, including training webinars to support users in improving their advertising strategies.
ClearCar
Venture Round in 2012
ClearCar AB is a privately held company based in Grums, Sweden, specializing in vehicle inspection services. It operates vehicle inspection and repair stations, offering a range of automotive services that include inspection, repair, and car-washing. As of April 2016, ClearCar functions as a subsidiary of Besikta Bilprovning i Sverige AB.
Avtal24
Venture Round in 2012
Avtal24 offers in an easily accessible manner agreements for both private individuals and companies. They believe in making the law available to everyone and they want everyone to have access to legal security. With us, you write agreements online or together with a lawyer by phone. Always at a fixed price. With high legal expertise, innovative technology and great focus on customer benefit and offer the market's most accessible legal services. Avtal24 was founded in 2004 and is headquartered in Stockholm, Sweden.
agreement24 avtal24
Venture Round in 2012
Agreement24 is a legal services company that uses document automation technology, web applications and legal content to deliver legal services to consumers and businesses across Europe. The first version of the virtual lawyer was launched on the Swedish market early 2007 (avtal24). Agreement24:s cloud based platform, built on unique software, is easy and efficient to scale into new markets and products. Regardless of the jurisdiction (or the law) it can create the question flows, user design, database and the agreements efficiently. The more complex legal market the bigger the opportunity with this new technology that completely transforms and enhance the customer experience of legal help.
Anyfi Networks
Seed Round in 2012
Anyfi Networks AB, based in Malmö, Sweden, specializes in mobile Wi-Fi solutions that leverage existing Wi-Fi infrastructure for radio access and utilize pre-distributed user credentials for authentication. Founded in 2009, the company offers Anyfi.net, a software upgrade that allows seamless connectivity across multiple Wi-Fi networks, enabling devices to automatically connect and authenticate. Additionally, Anyfi provides Anyfi.net Simple, which transforms home Wi-Fi infrastructure into a mobile broadband network, and Anyfi.net Mobile, designed to offload mobile data onto fixed-line networks with secure authentication methods linked to SIM cards. By utilizing these technologies, Anyfi Networks aims to facilitate efficient data traffic management and enhance user experiences in both public and private settings.
Apica
Series C in 2012
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
BONESUPPORT
Venture Round in 2012
BONESUPPORT AB is a medical technology company based in Lund, Sweden, specializing in the development of injectable bioceramic bone graft substitutes designed to address fractures and bone voids resulting from trauma, infection, disease, or surgical interventions. The company's product portfolio includes CERAMENT BONE VOID FILLER, CERAMENT G, and CERAMENT V, which are tailored for various orthopedic applications. CERAMENT V is an antibiotic eluting bone graft substitute that utilizes vancomycin to promote bone healing, while CERAMENT G employs gentamicin for similar purposes. The CERAMENT BONE VOID FILLER serves as a ceramic filler for gaps and voids in orthopedic settings. BONESUPPORT's mission is to improve the quality of life for patients with bone disorders, and the company operates additional locations in Germany, Switzerland, the United Kingdom, the United States, and India. Founded in 1999, BONESUPPORT AB is a subsidiary of Bonesupport Holding AB.
Barnebys
Venture Round in 2012
Barnebys is a leading online search aggregator for art, antiques, and collectibles, founded in Stockholm, Sweden in 2011. The company operates globally, with offices in New York, the UK, France, Spain, and Germany. Barnebys provides a platform that connects buyers and sellers in the auction industry, allowing them to conduct transactions through a user-friendly interface. The service caters to top-tier auctioneers, antique dealers, galleries, as well as regional and local businesses. In addition to its search capabilities, Barnebys offers an extensive free database of auction results and a premium valuation service, enhancing the tools available to its clients. The company continues to explore opportunities for growth and expansion in the auction market.
Clavister
Venture Round in 2012
Clavister is a prominent cybersecurity vendor based in Sweden, with over 20 years of experience in the industry. The company develops, produces, and sells a wide range of network security solutions designed to protect digital assets and ensure business continuity. Its diverse portfolio includes identity and access management, endpoint security, and both physical and virtualized network security products tailored for cloud environments. Clavister serves a varied clientele, including communication service providers, governments, enterprises, and managed security service providers, operating in over 150 countries. While its operations extend globally, a significant portion of its revenue comes from the Swedish market.
Footway
Venture Round in 2012
Footway is an online shoe retailer headquartered in Kista, Sweden. The company operates a platform with specialized online stores, offering a diverse selection of approximately 800 brands, including well-known names such as Nike, Adidas, Converse, and Dr. Martens. Footway serves around 2 million customers across approximately 24 markets, providing a wide range of footwear options tailored to various preferences and needs.
Calliditas Therapeutics
Venture Round in 2012
Calliditas Therapeutics AB is a specialty pharmaceutical company based in Stockholm, Sweden, dedicated to developing and commercializing treatments for patients with significant unmet medical needs, particularly in niche indications. The company is primarily focused on its product candidate, Nefecon, which features a patented formulation designed to deliver budesonide directly to the target area, aiming to treat IgA nephropathy, an inflammatory renal disease. Calliditas is currently conducting a global Phase 3 clinical trial for Nefecon and plans to bring the medication to market in the United States. Additionally, the company is exploring novel treatments for orphan indications, with a particular emphasis on renal and hepatic diseases.
Zaplox
Venture Round in 2011
Zaplox AB specializes in mobile key solutions tailored for the hospitality industry, offering a suite of digital guest services designed to enhance the overall guest experience. Founded in 2010 and headquartered in Lund, Sweden, the company provides various products, including the Zaplox Traveler app for mobile check-in and checkout, the Zaplox SDK for integrating mobile and keyless capabilities, and the Zaplox Premium app, which allows for custom branding and mobile key functionalities. Additionally, Zaplox offers a self-service kiosk option for hotel lobbies. Its solutions cater to hotels, resorts, and casinos across EMEA, North America, and APAC, enabling seamless digital interactions from reservation to departure. By focusing on enhancing the guest journey with features such as pre-stay messaging and promotional offers, Zaplox has positioned itself as an innovator in the hospitality sector.
SEEC AB
Venture Round in 2011
SEEC was formed in October 2006 to develop, market and sell or lease energy stores with energy modules for large buildings. They develop and market their products for the domestic Swedish market as well as for export.
Apica
Series B in 2011
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
Sol Voltaics
Venture Round in 2011
Sol Voltaics AB is a nanotechnology company based in Lund, Sweden, that specializes in enhancing the efficiency of solar energy capture and generation. Established in 2007, the company develops and commercializes innovative nanomaterials, particularly through its flagship product, SolFilm. This solar panel additive, composed of gallium arsenide nanowires, is designed to improve the performance of conventional silicon solar modules. SolFilm is lightweight and transparent to infrared light, allowing it to convert high-energy sunlight directly into electricity while enabling additional power generation through underlying solar cells in a stacked configuration. By integrating these advanced technologies, Sol Voltaics aims to significantly boost the efficiency of photovoltaic modules, potentially increasing their output by up to 50%.
Apica
Venture Round in 2011
Apica AB is a technology company based in Stockholm, Sweden, with additional offices in London, New York, and Santa Monica. Founded in 2005, it specializes in providing a load testing and synthetic monitoring platform tailored for enterprise needs. Apica's solutions encompass a range of applications, including internal systems, websites, mobile devices, and IoT use cases. The company's flagship products, Apica LoadTest and Apica Synthetic, ensure the performance and uptime of business-critical applications, allowing enterprises to prepare for peak conditions and proactively monitor their systems. Apica's unified platform simplifies data management, enabling real-time analysis of telemetry data and automated root cause analysis. Its tools facilitate efficient troubleshooting and enhance observability, making it easier for organizations to manage complex IT infrastructures while reducing costs and improving performance.
BONESUPPORT
Venture Round in 2011
BONESUPPORT AB is a medical technology company based in Lund, Sweden, specializing in the development of injectable bioceramic bone graft substitutes designed to address fractures and bone voids resulting from trauma, infection, disease, or surgical interventions. The company's product portfolio includes CERAMENT BONE VOID FILLER, CERAMENT G, and CERAMENT V, which are tailored for various orthopedic applications. CERAMENT V is an antibiotic eluting bone graft substitute that utilizes vancomycin to promote bone healing, while CERAMENT G employs gentamicin for similar purposes. The CERAMENT BONE VOID FILLER serves as a ceramic filler for gaps and voids in orthopedic settings. BONESUPPORT's mission is to improve the quality of life for patients with bone disorders, and the company operates additional locations in Germany, Switzerland, the United Kingdom, the United States, and India. Founded in 1999, BONESUPPORT AB is a subsidiary of Bonesupport Holding AB.
Keybroker
Venture Round in 2011
Keybroker AB is a prominent provider of online marketing solutions based in Stockholm, Sweden. Founded in 2005, the company specializes in search advertising, offering its clients a comprehensive platform called CampaignControl, which evaluates the effectiveness of various marketing channels, advertisements, and keywords in driving sales online. Keybroker serves a diverse range of sectors, including travel, financial services, electronics, and retail, delivering tailored strategies to enhance digital marketing performance. The firm focuses on campaign management and advertising technology, aiming to optimize online sales for its clients across platforms like Google and Facebook. With expertise in analyzing target audiences and their behaviors, Keybroker assists businesses in formulating effective marketing strategies that ultimately boost sales and maximize profitability.
InDex Pharmaceuticals
Private Equity Round in 2011
InDex Pharmaceuticals AB is a clinical-stage biopharmaceutical company based in Stockholm, Sweden, focused on developing treatments for ulcerative colitis and other immunological diseases. The company’s lead product, cobitolimod, offers a local anti-inflammatory effect that aids in mucosal healing and alleviates clinical symptoms. Additionally, InDex Pharmaceuticals utilizes its proprietary DNA-based ImmunoModulatory Sequences (DIMS) platform to create drugs aimed at various therapeutic areas, including inflammation and cancer. The company also provides DiBiCol, a diagnostic kit designed to monitor specific biomarkers related to ulcerative colitis and Crohn’s disease from a single colonic biopsy. Founded in 2016, InDex Pharmaceuticals operates as a subsidiary of InDex Pharmaceuticals Holding AB (publ).
RxEye
Venture Round in 2010
RxEye is a Swedish company that specializes in providing solutions for radiology departments within both public and private healthcare sectors. It operates as a subsidiary of Sectra Aktiebolag and focuses on creating an exchange platform for medical image reading services, allowing radiology managers and specialists to share expertise, images, and patient information securely. The company's web-based system facilitates remote reviewing of medical imaging, supporting procurement, appointment management, and access to radiology and pathology images. By prioritizing ease of use and adherence to legal requirements, RxEye enhances collaboration and resource sharing among healthcare professionals.
Cardoz
Series A in 2010
Cardoz AB manufactures anti-inflammatory pharmaceuticals to combat heart and vascular disorders. The company was founded in 2006 and is based in Stockholm, Sweden.
Nanoradio
Venture Round in 2010
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
Coresonic
Venture Round in 2010
Coresonic AB was formed as they recognized the growing market need for a new DSP architecture optimized for baseband applications; highly efficient, fully programmable and scalable but without the large complexity and excessive power consumption of typical VLIW DSP's. They were founded in 2004 based on the results of a three-year research project at Linköping University in Sweden, the leading computer science center in Northern Europe. The founders include Professor Dake Liu, Dr Eric Tell, Dr Anders Nilsson and Professor Christer Svensson from the electrical engineering department. In 2009, Johan Lodenius, a wireless and semiconductor industry veteran with significant management and international marketing experience, joined to complete the team that together bring decades of experience from; research, development and marketing of wireless semiconductors and silicon IP.
Nanoradio
Venture Round in 2009
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
Conveneer
Series A in 2009
Mashmobile Sweden AB, also known as Mikz, operates as an information technology company which offers software products for direct content dissemination between mobile phones, personal digital assistants, laptops, and personal computers. The company operates in the fields of fixed-mobile convergence and mobile communities based on a P2P technology. Its technology enables users to navigate between devices by surfing from a personal computer to a mobile phone using a Web browser, or streaming music from a personal digital assistant to a mobile phone. It was formerly known as Conveneer AB. Mashmobile Sweden AB was founded in 2004 and is based in Lund, Sweden.
Fältcommunications AB
Venture Round in 2009
Fält Communications provides value-added features and systems for reliable and secure machine to machine communiation. Fält Communications makes life easier for people and strives for a sustainable society. We have implemented nearly 150.000 installations, mainly in Europe but also in the US and Asia. We are proud to be able to assist our customer's operations to become more efficient, with the help of our technology and to reduce the impact on our environment, as our solutions will encourage transports to be fewer and energy consumptions less. We are market leading when it comes to mobile platforms on busses, with solutions such as onboard Wi-Fi and camera surveillance. All speed cameras in Sweden are also equipped with FältCom’s technology. When you are stepping into a lift its most likely that FältCom ensure the safety with an alarm system.
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.
OxThera
Venture Round in 2007
OxThera AB is a biopharmaceutical company focused on developing treatments for primary and secondary hyperoxaluria, a condition that can lead to kidney stones and impaired kidney function. Founded in 2005 and based in Stockholm, Sweden, with an additional location in Knoxville, Tennessee, OxThera manufactures two main products: Oxabact and Oxazyme. Oxabact is an orally administered composition of live bacteria designed to enhance the removal of oxalate produced by the body, while Oxazyme is a non-systemic oral drug that contains recombinant oxalate decarboxylase, aimed at treating dietary hyperoxaluria and preventing kidney stones. The company holds worldwide patents for its innovative therapies and has received Orphan Drug designations for Oxabact in both Europe and the United States. Through its advanced biotherapy technologies, OxThera aims to improve kidney health and preserve organ function in patients affected by hyperoxaluria.
Accedo
Series A in 2007
Accedo is a company that specializes in providing cloud-based solutions for the media industry, focusing on video service providers, including broadcasters, Pay TV operators, and Over-the-Top (OTT) services. Headquartered in Stockholm, Sweden, with offices globally, Accedo collaborates with over 200 enterprise customers to enhance video experiences across various platforms and devices. The company’s flagship product, the Accedo One™ cloud platform, empowers clients to build, manage, and deploy engaging video content tailored to their specific needs. Additionally, Accedo offers interactive applications and tools for smart televisions and connected devices, allowing customers to efficiently launch and manage video services. The professional services team at Accedo is equipped to design and implement custom video experiences, ensuring that users have a seamless interaction with video content.
Nanoradio
Series C in 2007
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
Resistentia Pharmaceuticals
Series C in 2006
Resistentia Pharmaceuticals, a biopharmaceutical company, develops immunotherapeutic products for allergic asthma and inflammatory disorders. It provides Immunoglobulin E for allergic reactions, including asthma, rhinitis, and dermatitis; and C5a for the treatment of inflammatory conditions, such as rheumatoid arthritis, asthma, and multiple sclerosis. Resistentia Pharmaceuticals AB was founded in 1998 and is based in Uppsala, Sweden.
Nanoradio
Series B in 2006
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
ZealCore Embedded Solutions
Venture Round in 2006
ZealCore Embedded Solutions AB develops technologies for diagnostics and maintenance of software control systems. It offers System Debugger, which collects and refines information contained in logs during development, integration, test, deployment, and operation, as well as enables users to create projects and logsets for tracking down bugs in software and to make post processing of data, including filtering and searches that pinpoint a behavior. The company also provides Model Replay Debugger that enables recording and replay when using UML design and code generating tools, as well as allows users to make analysis on the recorded behavior of UML models, including filtering and searches; and System Recorder, a blackbox recorder for system. It offers field and lab troubleshooting products in failure diagnostics, behavior analysis, profiling, and visualization for tool vendors and solution providers. The company provides products for failure diagnostics of commissioned systems. Its solutions enable users to see the bugs and automate the process of locating them, as well as to record, replay, reanimate, visualize, and analyze computer systems. The company was founded in 2001 and is based in Västerås, Sweden. As of July 1, 2008, ZealCore Embedded Solutions AB operates as a subsidiary of Enea Data AB.
Repeatit
Venture Round in 2005
Repeatit develops high quality wireless networking products for service providers and enterprises. By combining the latest wireless point to point & point to multipoint hardware available with our own technologies & cloud ecosystem, we are able to significantly increase performance while maintaining a disruptive price point. Offering world leading wireless technology for the best price vs. performance enables our customers to build future proof networks without prohibitive hardware, installation & management costs. Based in Sweden with offices in the Americas, EMEA and APAC, we have an active network of service providers, integrators and resellers which operate in a diversity of markets & applications. Ranging from complex next generation CCTV security networks to nationwide broadband connectivity to offshore data backhaul, our products provide a critical foundation to many organisations across each continent.
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