Our investments
As of 2025-09-30
Privately managed venture capital funds
| Manager | Fund company | Focus area | Pledged (SEK million) |
|---|---|---|---|
| Alliance Ventures | Alliance Venture Delta AB | Tech companies in early stages | 149 |
| Alliance Nordic III AB | Tech companies in early stages | 166 | |
| Butterfly Venture | BVF Venture Fund IV AB | Tech companies in early stages | 111 |
| Course Corrected | Course Corrected VC Fund II AB | Climate tech in early stages | 200 |
| Eir | Eir Ventures I AB | Life science companies in development phases | 275 |
| First Node Ventures | First Node Ventures Fund AB | Tech companies in early stages | 200 |
| FSG Management | FSG Fund II AB | Life science companies in development phases | 150 |
| Hadean Ventures | HVentures Capital I AB | Life science companies in development phases | 225 |
| HVentures Capital II AB | Life science companies in development phases | 111 | |
| Healthcap IX Holding | Healthcap IX E AB | Life science companies in development phases | 223 |
| J12 Ventures | J12 Ventures Nordic I AB | Tech companies in early stages | 194 |
| J12 Ventures Nordic II AB | Tech companies in early stages | 150 | |
| Luminar ventures | Luminar Ventures AB | Tech companies in early stages | 200 |
| LV II Conopus AB | Tech companies in early stages | 150 | |
| Norrsken VC | NVC Fund 1 AB | Impact Investments | 250 |
| NVC Fund 2 (E) AB | Impact Investments | 223 | |
| Oxx | Oxx II AB | Tech companies in early stages | 258 |
| Pale Blue Dot | Pale Blue Dot I Equity AB | Climate Investments | 165 |
| Segulah Medical Acceleration | Segulah Medical Acceleration AB | Life science companies in development phases | 125 |
| Selected venture capital funds | Annexstruktur Coinvest AB | Matching of fund companies | 112 |
| Sound Bioventures | Sound Bioventures Fund I AB | Life science companies in development phases | 280 |
| Spintop ventures | Spintop Investment Partners III AB | Tech companies in early stages | 150 |
| Spintop Investment Partners IV AB | Tech companies in early stages | 150 | |
| Starbright Invest | Starbright Invest 3 AB | Tech companies in early stages | 130 |
| TCAP Management AB | TCAP Fund I AB | Tech companies in early stages | 140 |
| Trill Impact | Trill Impact Ventures AB | Impact Investments | 280 |
| Utfallsfonden Management 2023 | Utfallsfonden I AB | Impact Investments | 100 |
| Voima Ventures | Voima Ventures Fund III AB | Tech companies in early stages | 108 |
| Zenith Ventures Capital | Zenith Venture Capital Fund II AB | Tech companies in early stages | 150 |