Spintop Ventures

Spintop Ventures is a Stockholm-based venture capital firm founded in 2009 that invests in seed and early-stage Nordic software and technology companies. Backed by a network of accomplished tech entrepreneurs, industrialists and experienced private investors, the firm focuses on early-stage opportunities in the Scandinavian region and supports founders through growth. Since inception, Spintop Ventures has completed around 35 investments and achieved four exits.

Helen Agering

Partner

Peter Carlsson

Partner

Ari Korhonen

Investor

Amanda Lindqvist

Investor

Sami Niemi

Partner

Isabel Nilson

Investor

Finn Persson

Partner

Ari-Pekka Salovaara

Investor

Maik Stange

Investor

Erik Wenngren

Partner

Past deals in Scandinavia

ReCarber

Seed Round in 2025
ReCarber, a Swedish impact startup, specializes in accelerating bio-energy carbon capture and storage (BECCS) projects. Its platform streamlines the complex BECCS value chain, facilitating faster project deployment and connecting emitters with carbon credit buyers. This enables industries to achieve more efficient and lower-risk carbon reduction, thereby enhancing climate impact.

Elastisys

Venture Round in 2023
Founded in 2011, Elastisys specializes in cloud-native consulting services. It offers secure application management throughout the software development lifecycle, leveraging open-source cloud technology and expertise in distributed systems, performance computing, and cloud automation.

Adnavem

Venture Round in 2020
Adnavem AB is a logistics technology company that operates a software as a service (SaaS) marketplace for container freight transportation. Founded in 2017 and headquartered in Gothenburg, Sweden, with additional offices in Frankfurt, Singapore, and Shanghai, Adnavem connects cargo owners directly with logistics suppliers through its proprietary tech platform. The company offers a range of delivery services, including door-to-door, port-to-door, port-to-port, and door-to-port options. By facilitating direct engagement between transport customers and suppliers, Adnavem enhances control, transparency in pricing, and service performance. The platform also emphasizes environmental sustainability by providing real-time data and notifications, enabling users to select the most eco-friendly transportation options while minimizing carbon emissions.

Dazzle Rocks

Series A in 2020
Founded in 2014, Dazzle Rocks is a Finnish mobile game development studio based in Helsinki. The company designs and develops social multiplayer games, with a focus on creating immersive experiences that connect global players and empower them to build communities together within evolving massive multiplayer online worlds.

LeaseCloud

Seed Round in 2018
LeaseCloud AB is a Swedish company that provides a software as a service platform for leasing management, founded in 2016 and headquartered in Stockholm. The platform facilitates a fully digital customer journey for retailers and e-commerce businesses by enabling leasing as a payment option at the point of sale. It connects retailers with various leasing companies, allowing customers to select their preferred lease terms and sign agreements digitally using BankID. This streamlined approach not only simplifies the leasing process but also eliminates credit risk and administrative burdens for merchants. LeaseCloud's service allows small business owners to efficiently acquire essential equipment such as computers and furniture through micro leasing, enhancing their purchasing flexibility. Additionally, the company manages the end-of-lease process, providing a comprehensive solution for both merchants and their customers.

Small Giant

Venture Round in 2018
Small Giant Games Oy, established in 2013 and based in Helsinki, Finland, specializes in developing mobile games. The company is renowned for its online role-playing game, Empires & Puzzles, designed for iOS and Android devices. Small Giant Games is distinguished by its belief in the power of small, highly skilled teams, comprising top talent in game development, software engineering, and graphic design. As of 2019, the company operates as a subsidiary of Zynga Inc.

Flashnode

Seed Round in 2017
Flashnode Oy, established in 2014 and based in Jyväskylä, Finland, specializes in business application integration. Its flagship product, Flashnode, connects clients' Software as a Service (SaaS) and on-premise applications, facilitating seamless data communication. Flashnode is employed by diverse businesses, including e-commerce platforms synchronizing web-shops with other applications, sales organizations integrating CRM systems, and accountants connecting accounting software with clients' systems. It caters to various sectors such as SaaS and software providers, CRM and ERP, payments and POS, and logistics and warehousing. Flashnode's goal is to automate and optimize customers' businesses through automated data integration services, ensuring data is always up-to-date and accessible where needed.

Freska

Venture Round in 2017
Freska is an online home cleaning service operating in the Nordics, including Finland, offering on-demand and subscription-based cleaning through a digital platform and mobile app. Customers can schedule visits, select services, and manage their subscriptions with ease, while Freska coordinates cleaners who are recruited, thoroughly onboarded, and regarded as core members of the Freska community. The company emphasizes professional, fairly compensated cleaners and supports job creation in the region, with services that extend to on-demand home and office cleaning at affordable rates.

Small Giant

Series A in 2017
Small Giant Games Oy, established in 2013 and based in Helsinki, Finland, specializes in developing mobile games. The company is renowned for its online role-playing game, Empires & Puzzles, designed for iOS and Android devices. Small Giant Games is distinguished by its belief in the power of small, highly skilled teams, comprising top talent in game development, software engineering, and graphic design. As of 2019, the company operates as a subsidiary of Zynga Inc.

Reclaimit

Venture Round in 2016
Reclaimit AB, founded in 1999 in Piteå, Sweden, specializes in return administration system solutions tailored for retail, e-commerce, and omnichannel environments. Initially named ETTnoll Design AB, the company has developed a range of services to streamline aftersales processes, focusing on returns, complaints, service, and repairs. Its flagship product, the Reclaimit Customer return-management service, automates the return flow for e-commerce businesses and physical stores. Additionally, the RECLAIMIT Service is a web-based IT system designed to manage service and repair requests, particularly in the home electronics sector, while RECLAIMIT Supplier addresses RMA issues for low-priced products. Reclaimit's innovative solutions aim to enhance customer satisfaction and operational efficiency, reflecting the company's commitment to leveraging technology for improved aftermarket services.

Flashnode

Seed Round in 2015
Flashnode Oy, established in 2014 and based in Jyväskylä, Finland, specializes in business application integration. Its flagship product, Flashnode, connects clients' Software as a Service (SaaS) and on-premise applications, facilitating seamless data communication. Flashnode is employed by diverse businesses, including e-commerce platforms synchronizing web-shops with other applications, sales organizations integrating CRM systems, and accountants connecting accounting software with clients' systems. It caters to various sectors such as SaaS and software providers, CRM and ERP, payments and POS, and logistics and warehousing. Flashnode's goal is to automate and optimize customers' businesses through automated data integration services, ensuring data is always up-to-date and accessible where needed.

Small Giant

Seed Round in 2014
Small Giant Games Oy, established in 2013 and based in Helsinki, Finland, specializes in developing mobile games. The company is renowned for its online role-playing game, Empires & Puzzles, designed for iOS and Android devices. Small Giant Games is distinguished by its belief in the power of small, highly skilled teams, comprising top talent in game development, software engineering, and graphic design. As of 2019, the company operates as a subsidiary of Zynga Inc.

Strossle

Venture Round in 2014
Strossle AB is a media technology company based in Stockholm, Sweden, founded in 2008. The company specializes in optimizing content distribution for publishers through a platform that utilizes machine learning to personalize user experiences. By recommending a tailored mix of articles, videos, and native advertisements across various topics, Strossle helps publishers engage their audiences more effectively and attract new users. The platform aims to address challenges faced by the media industry, particularly the reliance on outdated business models and intrusive advertising formats. Strossle's technology empowers publishers to enhance content visibility and leverage their premium environments for native advertising, resulting in increased audience engagement. With a growing presence, Strossle has expanded its operations to several cities, including Malmö, Oslo, Copenhagen, Amsterdam, and Madrid.

Verifyter

Venture Round in 2013
Verifyter AB, founded in 2010 and based in Lund, Sweden, specializes in developing and marketing PinDown, a debug automation and analysis software tool. This platform is designed for the automatic detection and analysis of test failures, significantly streamlining the debugging process for software and hardware. By automating the diagnosis of failures, Verifyter enables engineers to focus on more complex challenges, rather than manual debugging tasks. PinDown offers features such as test management, regression test automation, and automated bug analysis, facilitating a comprehensive approach to identifying and resolving issues in verification projects. This innovation aims to enhance the efficiency of development processes and improve the overall quality of software products.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.