
Nidoco
Description
Nidoco AB is a privately owned investment company based in Stockholm, Sweden, known for its long-term investment perspective and active ownership approach. Operating within the broader Kinnevik sphere, Nidoco focuses on creating value through strategic investments in both listed and unlisted companies. Their philosophy emphasizes deep engagement with portfolio companies, aiming to support their growth and development over extended periods rather than seeking quick exits.
The company maintains a diversified portfolio, spanning various high-growth sectors including technology, media, e-commerce, and industrial businesses. Nidoco actively seeks out innovative and disruptive companies that demonstrate strong potential for market leadership and sustainable growth. Their investment strategy is not limited by specific stages, but they frequently engage with companies that are beyond the very early stages, typically those with proven business models and significant scaling opportunities.
Nidoco's capacity for substantial investments is evident in their participation in significant funding rounds. For instance, they were part of the €100 million Series C funding round for digital healthcare provider Kry/Livi in 2020, demonstrating their commitment to impactful ventures. Furthermore, Nidoco participated in a SEK 1.5 billion (approximately $150 million USD) funding round for logistics tech firm Budbee in 2021, underscoring their ability to deploy considerable capital into promising growth-stage companies. These investments highlight their preference for taking meaningful stakes, aligning with their active ownership model and long-term value creation goals.
Investor Profile
Nidoco has backed more than 21 startups, with 2 new investments in the last 12 months alone. The firm has led 8 rounds, about 38% of its total and boasts 2 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Seed, Series B rounds (top funding stages).
- Majority of deals are located in Finland, United States, Sweden.
- Strong thematic focus on Software, Biotechnology, Health Care.
- Led 2 rounds in the past year.
- Typical check size: $5M – $75M.
Stage Focus
- Series Unknown (29%)
- Seed (29%)
- Series B (19%)
- Series A (10%)
- Pre Seed (5%)
- Series D (5%)
- Post Ipo Equity (5%)
Country Focus
- Finland (76%)
- United States (10%)
- Sweden (10%)
- Estonia (5%)
Industry Focus
- Software
- Biotechnology
- Health Care
- Apps
- Charging Infrastructure
- Electric Vehicle
- Renewable Energy
- Artificial Intelligence (Ai)
- Saas
- Banking
Frequently Asked Questions
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