Industrifonden is one of the larger venture capital firms in the Nordics, backing growth companies in the Technology or Life Science sectors. The head office is in Stockholm, where the team of 30 professionals are located.
History
Industrifonden was founded by the Swedish government in 1979 to promote industrial development in Sweden and finance larger industry projects. In 1996, the focus was changed, and Industrifonden was given the ability to enter as an investor in small and medium-sized companies through venture capital investments. (Förordning (1996:880) om finansiering genom stiftelsen Industrifonden). The Swedish government's total capital contribution in Industrifonden amounts to 1.6 billion SEK.[1]
Investments
Industrifonden invests in companies in the Technology and Life Science sectors. The investor is an independent evergreen venture capital fund, and the fund has more than doubled in size since its inception, following profitable exits such as QlikTech.[2] The investor is actively involved in the portfolio companies, contributing not only with capital but also expertise and a broad network of resources.
Industrifonden
Portfolio
Selected companies that Industrifonden has invested in:
Technology
Life Science
- AMRA
- Airsonett
- BONESUPPORT
- Smartfish
- Oatly[6]
References
- ↑ Regeringskansliet, Regeringen och (2015-04-29). "Stiftelsen Industrifonden". Regeringskansliet. Retrieved 2019-02-19.
- ↑ "QlikTech exit". Industrifonden. Retrieved 2023-12-22.
- ↑ "Limina Raises $3M in Series A Funding". www.finsmes.com. 2021-07-18. Retrieved 2023-12-22.
- ↑ "Why Brexit could give cashless Sweden a big tech boost". www.thelocal.se. 2018-02-01. Retrieved 2019-02-19.
- ↑ Ohr, Thomas. "Swedish regtech startup DPOrganizer secures €3 million addtional [sic] Series A funding to accelerate growth | EU-Startups". Retrieved 2019-02-19.
- ↑ "Oatly". Industrifonden. Retrieved 2019-02-19.
External links