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SEB Venture Capital

Europe, Stockholms Lan, Sweden, Stockholm

Description

SEB Venture Capital is the dedicated venture capital arm of SEB, a prominent Nordic financial services group headquartered in Stockholm, Sweden. Established to strategically invest in and support the burgeoning fintech ecosystem, SEB Venture Capital focuses on companies that can either enhance SEB's existing offerings or disrupt traditional financial services with innovative solutions. Their investment thesis is rooted in identifying entrepreneurs and innovators who are developing scalable technologies and business models within the financial technology sector, aiming to foster their growth into profitable enterprises.

The firm primarily targets early-stage to growth-stage companies, typically participating in Series A and Series B funding rounds. They are particularly interested in businesses that demonstrate strong product-market fit, a clear path to profitability, and the potential for significant impact within the financial sector. Beyond providing capital, SEB Venture Capital leverages SEB's extensive network, deep industry expertise, and customer base to accelerate the portfolio companies' development and market penetration. This collaborative approach is designed to create synergistic value, enabling portfolio companies to navigate the complexities of the financial industry and scale effectively.

SEB Venture Capital typically deploys initial cheques ranging from approximately $1 million to $5 million, though they have the capacity for larger follow-on investments as companies mature and demonstrate continued progress. Their geographic focus is primarily on the Nordic region and broader Europe, reflecting SEB's core market presence and strategic interests. This regional emphasis allows them to provide tailored support and leverage local market insights for their portfolio companies.

With a portfolio that includes over 50 investments across various fintech verticals such as payments, lending, regtech, and wealth management, SEB Venture Capital plays a significant role in shaping the future of financial services through strategic partnerships and capital deployment. Their commitment extends to supporting companies that align with SEB's vision for a more efficient and customer-centric financial landscape, underscoring their role as a strategic investor rather than solely a financial one.

Investor Profile

SEB Venture Capital has backed more than 66 startups, with 0 new investments in the last 12 months alone. The firm has led 28 rounds, about 42% of its total and boasts 21 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in Sweden, United Kingdom, Denmark.
  • Strong thematic focus on Information Technology, Software, Mobile.
  • Typical check size: $1M – $5M.

Stage Focus

  • Series Unknown (48%)
  • Series A (24%)
  • Series B (15%)
  • Seed (5%)
  • Series C (3%)
  • Private Equity (2%)
  • Series D (2%)
  • Convertible Note (2%)

Country Focus

  • Sweden (65%)
  • United Kingdom (14%)
  • Denmark (11%)
  • Ireland (5%)
  • United States (2%)
  • Singapore (2%)
  • France (2%)
  • Australia (2%)

Industry Focus

  • Information Technology
  • Software
  • Mobile
  • Financial Services
  • Fintech
  • Enterprise Software
  • Medical
  • Biotechnology
  • Health Care
  • Service Industry
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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 SEB Venture Capital frequently co-invest with?

H&
Europe, Syddanmark, Denmark, Københoved
Co-Investments: 2
KTH Chalmers Capital
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 4
Atlas Venture
North America, Massachusetts, United States, Cambridge
Co-Investments: 4
Industrifonden
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 17
Oxx
Europe, England, United Kingdom, London
Co-Investments: 4
ING Group
Europe, Noord-Holland, The Netherlands, Amsterdam
Co-Investments: 2
Bangkok Bank
Asia, Krung Thep, Thailand, Bangkok
Co-Investments: 2
Seed Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 3
Crescendo Ventures
North America, California, United States, Palo Alto
Co-Investments: 3
TV
Europe, Cambridgeshire, United Kingdom, Melbourn
Co-Investments: 3

Which angels does SEB Venture Capital often collaborate with?

Shared Deals: 1
Shared Deals: 1
TK
Europe, Denmark
Shared Deals: 1
HJ
Europe, Skane Lan, Sweden, Malmö
Shared Deals: 1
KH
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
TV
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
NS
Europe, Stockholms Lan, Sweden, Stockholm
Shared Deals: 1
MR
Europe, Stockholms Lan, Sweden, Nacka
Shared Deals: 1

What are some of recent deals done by SEB Venture Capital?

Apica

Stockholm, Stockholms Lan, Sweden

Apica delivers data management and observability services to Enterprises via the platform Apica Ascent.

Cloud ComputingEnterprise SoftwareMobileSoftware
Series UnknownFeb 4, 2024
Amount Raised: $6,000,000
Apica

Stockholm, Stockholms Lan, Sweden

Apica delivers data management and observability services to Enterprises via the platform Apica Ascent.

Cloud ComputingEnterprise SoftwareMobileSoftware
Series UnknownAug 16, 2023
Amount Raised: $10,000,000
ClimateView

Stockholm, Stockholms Lan, Sweden

ClimateView is a technology company that empowers the public and private sector to make data-driven decisions in the transition.

Big DataCleanTechGreenTechInformation TechnologySoftware
Series AJun 12, 2023
Amount Raised: $15,067,535
Qvantum

Limhamn, Skane Lan, Sweden

Qvantum is a comprehensive supplier of innovative and efficient energy solutions.

Clean EnergyCleanTechEnergy
Series BJan 4, 2023
Amount Raised: $43,778,599
EnginZyme

Stockholm, Stockholms Lan, Sweden

EnginZyme is a biotechnology company that creates biomanufacturing techniques for the sustainable production of common goods.

BiotechnologyGreenTechLife ScienceManufacturing
Series BDec 19, 2022
Amount Raised: $22,286,038
Airsonett

Ängelholm, Kronobergs Lan, Sweden

Airsonett is a research-based medical technology company that develops non-pharmaceutical treatment for allergic asthma.

Health CareInformation TechnologyMedicalService Industry
Series UnknownJul 30, 2022
Amount Raised: $1,971,414
Lysa

Stockholm, Stockholms Lan, Sweden

Lysa is a digital portfolio management service that allows you to invest as a Nobel Prize winner.

Financial ServicesFinTechInformation TechnologyInsurance
Series UnknownJun 15, 2022
Amount Raised: $34,434,703
Leneo

Copenhagen, Hovedstaden, Denmark

Leneo's SaaS platform empowers you with intuitive CPQ and CLM tools for recurring revenue models

BankingFinanceFinancial ServicesFinTech
SeedJun 12, 2022
Amount Raised: $3,750,000
Cardlay

Odense, Syddanmark, Denmark

Cardlay’s White Label solution integrates Cards and Expense Management in intelligent and intuitive platforms offering real-time overviews.

Enterprise SoftwareFinancial ServicesFinTechInformation TechnologyManagement ConsultingMobileService Industry
Series UnknownMar 9, 2022
Amount Raised: $892,761
Roaring

Stockholm, Stockholms Lan, Sweden

Seamless access to business-critical information. API services for person and company information

Big DataCredit BureauData IntegrationDatabaseDeveloper APIsPredictive AnalyticsText Analytics
Series UnknownOct 15, 2021