
Spintop Ventures
Description
Spintop Ventures is a prominent venture capital firm headquartered in Östersund, Sweden, with an additional office in Stockholm. The firm specializes in investing in early-stage technology companies across the Nordic region, focusing on innovative startups with high growth potential. Their investment philosophy centers on providing not just capital but also strategic support, leveraging their extensive network and operational expertise to help portfolio companies scale. Spintop Ventures targets companies primarily in the Seed and Series A stages, aiming to be a long-term partner in their development.
The firm has a strong track record, having successfully raised multiple funds to support its investment activities. Their latest fund, Spintop Ventures V, closed at an impressive €100 million, demonstrating continued investor confidence in their strategy and market focus. This significant capital pool enables them to make substantial initial investments and provide follow-on funding as their portfolio companies grow. Spintop Ventures typically deploys initial cheques ranging from €1 million to €5 million, depending on the stage and specific needs of the startup.
Spintop Ventures' commitment to the Nordic tech ecosystem is evident in its diverse portfolio, which spans various sectors including SaaS, fintech, and deep tech. They actively seek out companies that are poised for international expansion, providing guidance on market entry and global scaling strategies. The firm's hands-on approach and deep understanding of the Nordic market dynamics position them as a valuable partner for ambitious entrepreneurs looking to build category-leading technology companies from the region.
Investor Profile
Spintop Ventures has backed more than 56 startups, with 6 new investments in the last 12 months alone. The firm has led 29 rounds, about 52% of its total and boasts 8 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in Sweden, Finland, Norway.
- Strong thematic focus on Software, Information Technology, SaaS.
- Led 3 rounds in the past year.
- Typical check size: $1M – $5M.
Stage Focus
- Seed (48%)
- Series Unknown (30%)
- Series A (16%)
- Pre Seed (2%)
- Series B (2%)
- Angel (2%)
Country Focus
- Sweden (63%)
- Finland (23%)
- Norway (5%)
- Denmark (4%)
- United States (4%)
- The Netherlands (2%)
Industry Focus
- Software
- Information Technology
- Saas
- Artificial Intelligence (Ai)
- Apps
- E-commerce
- Music
- Enterprise Software
- Internet Of Things
- Big Data
Frequently Asked Questions
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