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Almi Invest

Europe, Stockholms Lan, Sweden, Stockholm

Description

Almi Invest is a prominent state-owned venture capital company based in Sweden, recognized as the country's most active early-stage investor. Established with the mission to foster economic growth and create sustainable jobs, the firm primarily targets Swedish companies exhibiting scalable business models and strong growth potential. Their investment focus spans a wide array of sectors, consistently seeking innovative startups that can significantly impact their respective markets.

The firm's investment strategy centers on providing crucial initial capital to promising young enterprises. Almi Invest typically deploys first cheques ranging from SEK 1 million to SEK 5 million, which translates to approximately $95,600 to $478,000 USD based on recent exchange rates. Beyond initial funding, they also engage in follow-on investments to support their portfolio companies through subsequent growth stages. Their regional fund structure, with eight dedicated funds across Sweden, allows for a localized approach to identifying and nurturing entrepreneurial talent throughout the country.

Since its inception in 2009, Almi Invest has made a substantial impact on the Swedish startup ecosystem, having invested in over 700 companies. This extensive portfolio underscores their commitment to driving innovation and economic development. As a patient capital provider, Almi Invest aims to be a long-term partner, leveraging its extensive network and expertise to help its portfolio companies achieve their full potential, contributing to a vibrant and dynamic entrepreneurial landscape in Sweden.

Investor Profile

Almi Invest has backed more than 572 startups, with 8 new investments in the last 12 months alone. The firm has led 164 rounds, about 29% of its total and boasts 42 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Sweden, United States, Norway.
  • Strong thematic focus on Software, Health Care, Manufacturing.
  • Led 2 rounds in the past year.
  • Typical check size: $95.6K – $478K.

Stage Focus

  • Series Unknown (58%)
  • Seed (31%)
  • Pre Seed (5%)
  • Series A (2%)
  • Angel (1%)
  • Convertible Note (1%)
  • Debt Financing (1%)

Country Focus

  • Sweden (98%)
  • United States (1%)
  • Norway (1%)

Industry Focus

  • Software
  • Health Care
  • Manufacturing
  • Information Technology
  • Biotechnology
  • Medical
  • Pharmaceutical
  • Medical Device
  • Internet
  • Electronics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Almi Invest frequently co-invest with?

Chalmers Ventures AB
Europe, Vastra Gotaland, Sweden, Göteborg
Co-Investments: 26
SN
Europe, Vasternorrlands Lan, Sweden, Örnsköldsvik
Co-Investments: 5
Norrlandsfonden
Europe, Norrbottens Lan, Sweden, Luleå
Co-Investments: 8
Stockholm Business Angels, STOAF
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 14
Partnerinvest Norr
Europe, Norrbottens Lan, Sweden, Piteå
Co-Investments: 32
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 9
Spintop Ventures
Europe, Jamtlands Lan, Sweden, Östersund
Co-Investments: 9
LI
Europe, Ostergotlands Lan, Sweden, Linköping
Co-Investments: 5
Wellstreet
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 5
EIT InnoEnergy
Europe, Noord-Brabant, The Netherlands, Eindhoven
Co-Investments: 6

Which angels does Almi Invest often collaborate with?

RS
North America, California, United States, Atherton
Shared Deals: 2
LS
Europe, Sweden
Shared Deals: 3
CS
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
MM
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
Shared Deals: 2
AN
North America, Texas, United States, Canadian
Shared Deals: 2
CA
Europe, Skane Lan, Sweden, Eslöv
Shared Deals: 3
MA
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
MN
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 2
MW
Europe, Ostergotlands Lan, Sweden, Linköping
Shared Deals: 2

What are some of recent deals done by Almi Invest?

Epigenica

Solna, Stockholms Lan, Sweden

Epigenica offers the EpiFinder™ platform for high-throughput epigenetic analysis and R&D services in therapeutic and diagnostic development.

BiotechnologyGeneticsLife Science
SeedJun 30, 2025
Amount Raised: $2,200,000
Embedl AB

Gothenburg, Vastra Gotaland, Sweden

Efficient Deep Learning for Embedded Systems

Artificial Intelligence (AI)Embedded SystemsMachine LearningSoftware
SeedJun 18, 2025
Amount Raised: $6,329,515
Polar Light Technologies

Linköping, Ostergotlands Lan, Sweden

Polar Light Technologies focuses on developing the next generation of Nano and micro LED technology.

Lighting
Series UnknownApr 3, 2025
Amount Raised: $3,472,092
PainDrainer

Lund, Skane Lan, Sweden

PainDrainer AB is a Swedish company.

SoftwareTherapeutics
Series UnknownMar 4, 2025
Amount Raised: $902,014
Phenaros Pharmaceuticals

Uppsala, Uppsala Lan, Sweden

Phenaros Pharmaceuticals is a Swedish spin-off drug discovery company from Uppsala University.

BiotechnologyLife Science
Pre SeedJan 30, 2025
Xaga Surgical

Helsingborg, Skane Lan, Sweden

Xaga Surgical aims to minimize the risk of infections by inventing safer medical needles.

Health CareMedical
Series UnknownJan 24, 2025
Amount Raised: $732,306
Edda Pay

Trollhättan, Vastra Gotaland, Sweden

Edda Pay is a B2B SaaS platform for the book publishing industry, offering transparent book sales data and on-demand earnings

BooksFinTechPublishingSaaS
Pre SeedDec 1, 2024
Amount Raised: $525,907
Readily Diagnostics

Uppsala, Uppsala Lan, Sweden

Readily Diagnostics develops speedy and accurate diagnostic tests for respiratory disorders, enabling faster therapy at the point of care.

Health CareHealth DiagnosticsMedical
SeedOct 30, 2024
Amount Raised: $1,737,306
RemotiveLabs

Malmö, Skane Lan, Sweden

RemotiveLabs is a developer of an automotive software development platform designed to streamline the vehicle manufacturing process.

AutomotiveSoftwareSoftware Engineering
Series UnknownJun 12, 2024
Amount Raised: $966,799
GAIA BioMaterials

Helsingborg, Skane Lan, Sweden

GAIA BioMaterials is the manufacturer of a bio-degradable product that offers pouch, tray, and bottle products.

BiotechnologyEnvironmental EngineeringGreen Consumer GoodsManufacturing
Series UnknownApr 3, 2024
Amount Raised: $5,000,000