Industrifonden is a venture capital firm in Sweden backing companies in the Technology and Life Science sectors. Its head office is in Stockholm, where it employs 30 people.
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]
Selected companies that Industrifonden has invested in: