Flat Capital

Flat Capital is a distinctive Swedish venture capital firm headquartered in Stockholm, known for its unique position as a publicly listed entity on the Nasdaq First North Growth Market. This structure provides a different avenue for investors to gain exposure to a portfolio of high-growth companies. The firm's investment philosophy centers on backing passionate and dedicated founders with significant potential and "skin in the game," emphasizing a collaborative and supportive approach to company building.

The firm's investment strategy is broad, targeting both unlisted and listed growth companies that demonstrate global ambitions. Flat Capital engages with businesses across various stages, from early-stage ventures poised for rapid expansion to more mature growth-stage companies seeking further capital for scaling. Typically, Flat Capital's first cheque sizes range from SEK 5 million to SEK 20 million, which translates to approximately $475,000 to $1.9 million USD, depending on the specific opportunity and the company's stage of development. This flexible approach allows them to participate in diverse funding rounds and secondary transactions.

Flat Capital boasts a robust portfolio featuring prominent Nordic and international technology companies. As of year-end 2023, the total value of their investment portfolio stood at SEK 200 million, equivalent to roughly $19 million USD. Key holdings include well-known names such as fintech giant Klarna, logistics innovator Budbee, and communication platform Truecaller, among others. In 2023 alone, Flat Capital deployed new investments totaling SEK 10 million, or approximately $0.95 million USD, reflecting their continued commitment to identifying and supporting promising enterprises within their target sectors.