Industrifonden Explained

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.

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]

Portfolio

Selected companies that Industrifonden has invested in:

Technology

Life Science

References

External links

Notes and References

  1. Web site: Stiftelsen Industrifonden. Regeringskansliet. Regeringen och. 2015-04-29. Regeringskansliet. en. 2019-02-19.
  2. Web site: Limina Raises $3M in Series A Funding. 2021-07-18. www.finsmes.com. en-GB. 2023-12-22.
  3. Web site: Why Brexit could give cashless Sweden a big tech boost. 2018-02-01. www.thelocal.se. en-GB. 2019-02-19.
  4. Web site: Swedish regtech startup DPOrganizer secures €3 million Series A funding to accelerate growth EU-Startups. Ohr. Thomas. en-US. 2019-02-19.
  5. Web site: Oatly. Industrifonden. en-US. 2019-02-19.