Industrifonden

Industrifonden is a long-standing and influential venture capital firm based in Stockholm, Sweden, with a rich history dating back to its establishment in 1979. As a key player in the Nordic investment landscape, the firm is dedicated to fostering innovation and growth within early-stage technology and life science companies that demonstrate significant international potential. Their mandate is to support groundbreaking Swedish enterprises, helping them scale and compete on a global stage.

The firm's investment strategy is primarily centered on Seed, Series A, and Series B funding rounds, indicating a commitment to supporting companies through their critical early growth phases. Industrifonden typically deploys initial cheques ranging from SEK 10 million to SEK 50 million, which translates to approximately $1 million to $5 million USD, depending on the prevailing exchange rates. This flexible approach allows them to tailor their investments to the specific needs and development stages of their portfolio companies, often providing follow-on capital as companies mature.

Industrifonden boasts a substantial asset base, managing approximately SEK 5.5 billion, equivalent to around $500 million USD, which underscores their capacity for significant and sustained investment. Their sector focus is sharply defined, encompassing both Deep Tech and Life Science. Within Deep Tech, they target areas such as AI/ML, SaaS, Climate Tech, Industrial Tech, Space Tech, Cybersecurity, and the Future of Work. In Life Science, their interests span Biotech, Medtech, and Digital Health, reflecting a broad yet specialized approach to high-impact innovation. Since its inception, Industrifonden has made a profound impact on the Swedish startup ecosystem, having invested in over 300 companies, demonstrating a consistent and long-term commitment to fostering entrepreneurial success.