EQT logo

EQT

Europe, Stockholms Lan, Sweden, Stockholm

Description

EQT is a prominent global investment organization, founded in 1994 in Sweden, that has grown to become a diversified leader in private markets. With a core philosophy centered on active ownership and value creation, EQT partners with companies across various sectors and stages to drive sustainable growth and operational excellence. The firm manages a broad range of investment strategies, including Private Capital, Infrastructure, Real Estate, Growth, Ventures, and Public Value, catering to different risk-return profiles and investment horizons.

The firm's extensive reach is underscored by its substantial assets under management, which stood at over EUR 232 billion (approximately USD 250 billion) as of December 31, 2023. EQT's investment approach is characterized by its deep sector expertise, global network, and commitment to ESG principles, aiming to build stronger, more sustainable businesses. While their flagship Private Capital strategy focuses on large-scale buyouts of market-leading companies, their Growth and Ventures platforms address different segments of the market. EQT Growth targets fast-growing, innovative companies seeking significant minority investments, while EQT Ventures supports early-stage technology companies from Series A onwards.

EQT's "first cheque" size varies significantly depending on the specific investment strategy. For its EQT Ventures arm, initial investments typically range from approximately EUR 1 million (USD 1.08 million) for early-stage rounds up to EUR 75 million (USD 81 million) for more mature venture deals. EQT Growth investments generally start from around EUR 50 million (USD 54 million) and can extend well into the hundreds of millions of euros. For their large-cap Private Capital buyouts, initial equity checks can easily exceed EUR 200 million (USD 216 million) and frequently reach into the billions of euros for significant control stakes in global enterprises. This broad spectrum reflects EQT's comprehensive approach to private market investing, from nascent startups to established industry leaders.

Investor Profile

EQT has backed more than 108 startups, with 7 new investments in the last 12 months alone. The firm has led 70 rounds, about 65% of its total and boasts 47 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Private Equity, Debt Financing, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Germany, United States, Sweden.
  • Strong thematic focus on Manufacturing, Health Care, Software.
  • Led 6 rounds in the past year.
  • Typical check size: $1.1M – $1080M.

Stage Focus

  • Private Equity (49%)
  • Debt Financing (14%)
  • Series Unknown (9%)
  • Series A (6%)
  • Secondary Market (5%)
  • Series C (3%)
  • Series E (3%)
  • Seed (3%)
  • Series D (2%)
  • Post Ipo Equity (2%)

Country Focus

  • Germany (17%)
  • United States (15%)
  • Sweden (12%)
  • United Kingdom (11%)
  • Switzerland (6%)
  • China (6%)
  • The Netherlands (4%)
  • Finland (4%)
  • Norway (3%)
  • Singapore (3%)

Industry Focus

  • Manufacturing
  • Health Care
  • Software
  • Information Technology
  • E-commerce
  • Financial Services
  • Automotive
  • Medical Device
  • Internet
  • Education
circle-line
FAQ

Frequently Asked Questions

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

Who does EQT frequently co-invest with?

FTV Capital
North America, California, United States, San Francisco
Co-Investments: 2
Kohlberg Kravis Roberts
North America, New York, United States, Hudson
Co-Investments: 2
Felicis
North America, California, United States, Menlo Park
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Prosus Ventures
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
Hg
Europe, England, United Kingdom, London
Co-Investments: 2
TCV
North America, California, United States, Menlo Park
Co-Investments: 2
Coatue
North America, New York, United States, New York
Co-Investments: 2
Blackstone Group
North America, New York, United States, New York
Co-Investments: 4
83North
Europe, England, United Kingdom, London
Co-Investments: 2

Which angels does EQT often collaborate with?

AL
North America, United States
Shared Deals: 1
AC
North America, California, United States, San Francisco
Shared Deals: 1
NR
North America, California, United States, San Francisco
Shared Deals: 1
RB
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
PP
Europe, England, United Kingdom, London
Shared Deals: 1
CP
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by EQT?

Pulnovo Medical

Wuxi, Anhui, China

Pulnovo Medical is a medical device company, specializing in the treatment of pulmonary artery hypertension.

Health CareMedicalMedical Device
Series UnknownMay 20, 2025
ReliaQuest

Tampa, Florida, United States

The world's leading brands use ReliaQuest's GreyMatter platform for continuous visibility, automation, & measurement across their security.

Cloud Data ServicesCyber SecurityInformation TechnologyNetwork SecuritySaaS
Private EquityMar 31, 2025
Amount Raised: $500,000,000
TravelPerk

Barcelona, Catalonia, Spain

TravelPerk is a business travel management platform that helps companies book, manage, and control their corporate travel.

Business TravelSaaSSoftwareTicketingTravelTravel Agency
Series EJan 27, 2025
Amount Raised: $200,000,000
Cornerstone Robotics

Hong Kong, Hong Kong Island, Hong Kong

Cornerstone Robotics operates to improve the accessibility of high-end medical services in China.

Health CareMedicalRobotics
Series CJan 13, 2025
Amount Raised: $70,000,000
Neara

Redfern, New South Wales, Australia

Neara is a cloud-based enterprise platform that makes complex analysis, design, and application access to the infrastructure industry.

AnalyticsCloud ComputingSaaSSoftware
Series COct 30, 2024
Amount Raised: $31,000,000
Vinted

London, England, United Kingdom

Vinted is an online marketplace and community for second hand clothes.

E-CommerceFashionMarketplace
Secondary MarketOct 24, 2024
Amount Raised: $368,005,195
Compass Education

Melbourne, Victoria, Australia

Compass Education is a schools management platform that enables schools to deliver high-quality learning experiences.

ComputerSoftware
Private EquityAug 20, 2024
FlixBus

Munich, Bayern, Germany

FlixBus is a unique combination of tech-startup, e-commerce platform, and transportation company.

E-CommercePublic TransportationTransportationTravel
Private EquityJul 4, 2024
Peak3

Singapore, Central Region, Singapore

Peak3 is an insurtech software company that provides technology solutions for insurers and digital platforms.

Financial ServicesFinTechInformation TechnologyInsurTechInternet
Series AJun 19, 2024
Amount Raised: $35,000,000
Believe

Paris, Ile-de-France, France

Believe is the digital distributor for independent music.

Digital EntertainmentMedia and EntertainmentMusicMusic LabelVideo
Post Ipo SecondaryFeb 12, 2024
Amount Raised: $1,077,185,745