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Partnerinvest Norr

Europe, Norrbottens Lan, Sweden, Piteå

Description

Partnerinvest Norr is a regional private equity firm based in Piteå, Sweden, dedicated to fostering growth among small and medium-sized enterprises within the Norrbotten region of northern Sweden. Established with a mandate to stimulate local economic development, the firm positions itself as a long-term, active owner, providing not only capital but also strategic competence and valuable networks to its portfolio companies. Their investment philosophy centers on identifying businesses with significant growth potential and a clear, actionable plan for achieving it, contributing to the vitality of the regional business ecosystem.

The firm's investment strategy is characterized by a focus on growth-stage companies, typically those demonstrating a strong track record, preferably with an annual turnover of at least 5 MSEK (approximately $475,000 USD). Partnerinvest Norr's typical first cheque size ranges from 5 MSEK to 20 MSEK, translating to approximately $475,000 to $1,900,000 USD. While these figures represent their standard investment range, the firm also indicates a willingness to participate in larger funding rounds by co-investing with other financial partners, thereby extending their capacity to support more capital-intensive ventures. This flexible approach allows them to adapt to the varying needs of promising regional businesses.

While the user's description highlighted specific sectors like software, security, and biometrics, Partnerinvest Norr's portfolio reveals a broader investment scope. The firm has indeed backed innovative technology companies such as Mobilaris, specializing in location intelligence, and Unibap, focused on AI and robotics. However, their investments also span diverse industries including industrial technology (e.g., Hydria Group), logistics (Piteå Port & Hub), and renewable energy (Arctic Solar). This diversified approach underscores their commitment to supporting high-potential companies across various sectors that contribute to the Norrbotten economy, rather than strictly adhering to a narrow technological focus.

As an active owner, Partnerinvest Norr emphasizes a hands-on approach, working closely with management teams to navigate growth challenges and capitalize on opportunities. Their role extends beyond mere capital provision, aiming to be a strategic partner that leverages its expertise and network to accelerate the development and market expansion of its portfolio companies. This commitment to long-term partnership and regional development makes Partnerinvest Norr a key player in the venture capital landscape of northern Sweden.

Investor Profile

Partnerinvest Norr has backed more than 64 startups, with 1 new investments in the last 12 months alone. The firm has led 9 rounds, about 14% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Undisclosed rounds (top funding stages).
  • Majority of deals are located in Sweden, United States.
  • Strong thematic focus on Software, Information Technology, Manufacturing.
  • Typical check size: $475K – $1.9M.

Stage Focus

  • Seed (53%)
  • Series Unknown (30%)
  • Undisclosed (5%)
  • Series A (5%)
  • Private Equity (5%)
  • Corporate Round (2%)
  • Post Ipo Equity (2%)

Country Focus

  • Sweden (97%)
  • United States (3%)

Industry Focus

  • Software
  • Information Technology
  • Manufacturing
  • Health Care
  • E-commerce
  • Biotechnology
  • Pharmaceutical
  • Restaurants
  • Medical
  • Consumer
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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 Partnerinvest Norr frequently co-invest with?

SN
Europe, Vasternorrlands Lan, Sweden, Örnsköldsvik
Co-Investments: 3
Norrlandsfonden
Europe, Norrbottens Lan, Sweden, Luleå
Co-Investments: 3
AI
Europe, Vasterbottens Lan, Sweden, Skellefteå
Co-Investments: 5
Fort Knox
Europe, Vasterbottens Lan, Sweden, Umeå
Co-Investments: 3
Conor Venture Partners
Europe, Southern Finland, Finland, Espoo
Co-Investments: 2
Spintop Ventures
Europe, Jamtlands Lan, Sweden, Östersund
Co-Investments: 3
Almi Invest
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 32
Northern Light Capital
Europe, Vasterbottens Lan, Sweden, Umeå
Co-Investments: 4
I
Europe, Jamtlands Lan, Sweden, Östersund
Co-Investments: 5
Treac
Europe, Vasterbottens Lan, Sweden, Skellefteå
Co-Investments: 4

What are some of recent deals done by Partnerinvest Norr?

Cold River Games

Umeå, Vasterbottens Lan, Sweden

Cold River Games specializes in development of games.

Information ServicesSoftwareVideo Games
SeedJul 2, 2025
Amount Raised: $2,000,000
Senseworks

Umeå, Vasterbottens Lan, Sweden

Senseworks enables colleagues to collaborate effectively with customers by providing a single source of truth for accounting data.

AccountingFinancial Services
Series UnknownFeb 15, 2025
Amount Raised: $2,805,521
Elastisys

Umeå, Vasterbottens Lan, Sweden

We offer Compliant Kubernetes as a fully-managed service, cloud native consulting, and Linux Foundation official training.

Cloud ComputingInformation TechnologySoftware
Series UnknownSep 7, 2023
Amount Raised: $2,692,697
Flasheye

Luleå, Norrbottens Lan, Sweden

Flasheye has proven technology from the automotive, defense, and robotics industries into industrial applications.

Information TechnologyMobile AppsSoftware
Series UnknownDec 19, 2022
Nordic Quick Systems

Piteå, Norrbottens Lan, Sweden

Nordic Quick Systems are a machine component replaceable wear parts for faster and safer maintenance.

IndustrialManufacturingMechanical Engineering
Series UnknownDec 12, 2022
Amount Raised: $794,002
Vitala

Umeå, Vasterbottens Lan, Sweden

Vitala provides medical training and digital rehabilitation services.

Digital MediaFitnessHealth CareRehabilitationWellness
SeedMay 1, 2022
Amount Raised: $916,135
Whitebox

Skellefteå, Vasterbottens Lan, Sweden

Whitebox offers disinfection solutions based on UV-C light and UV-C technology that eliminates viruses.

Wellness
Series UnknownApr 21, 2022
Mindforce Game Lab

Göteborg, Vastra Gotaland, Sweden

Mindforce Game Lab creates meaningful games with characters that act as companions on the journey to better health.

GamingHealth CareWellness
Series UnknownApr 10, 2022
Amount Raised: $2,966,087
Vakona

Umeå, Vasterbottens Lan, Sweden

Vakona develops a new antibiotic-free treatment for inflammatory acne a natural bacterial enzyme that degrades the bacterial biofilm.

PharmaceuticalTherapeutics
Series UnknownNov 8, 2021
RealSprint AB

Umeå, Vasterbottens Lan, Sweden

RealSprint is a provider of lowlatency streaming solutions.

ConsultingInformation TechnologyInternetSoftwareVideo Streaming
Series UnknownAug 24, 2021
Amount Raised: $1,611,018