Industrifonden

Last updated

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.

Contents

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

Related Research Articles

A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. During the beginning, startups face high uncertainty and have high rates of failure, but a minority of them do go on to become successful and influential.

<span class="mw-page-title-main">Venture capital</span> Form of private-equity financing

Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number of employees, annual revenue, scale of operations, etc.. Venture capital firms or funds invest in these early-stage companies in exchange for equity, or an ownership stake. Venture capitalists take on the risk of financing start-ups in the hopes that some of the companies they support will become successful. Because startups face high uncertainty, VC investments have high rates of failure. Start-ups are usually based on an innovative technology or business model and they are often from high technology industries, such as information technology (IT), clean technology or biotechnology.

Seed money, also known as seed funding or seed capital, is a form of securities offering in which an investor puts capital in a startup company in exchange for an equity stake or convertible note stake in the company. The term seed suggests that this is a very early investment, meant to support the business until it can generate cash of its own, or until it is ready for further investments. Seed money options include friends and family funding, seed venture capital funds, angel funding, and crowdfunding.

Sequoia Capital is an American venture capital firm headquartered in Menlo Park, California which specializes in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of 2022, the firm had approximately US$85 billion in assets under management.

<span class="mw-page-title-main">Ministry of Defence (Sweden)</span> Swedish government ministry responsible for national security policy

The Ministry of Defence is a ministry in the Government of Sweden responsible for policies related to national defence and civil defence.

<span class="mw-page-title-main">Ken Howery</span> American entrepreneur & diplomat (born 1975)

Kenneth Alan Howery is an American entrepreneur and diplomat. He is a co-founder of PayPal and Founders Fund. He served as the U.S. Ambassador to Sweden from 2019 to 2021 under President Donald Trump.

<span class="mw-page-title-main">Ministry of Climate and Enterprise (Sweden)</span>

The Ministry of Climate and Enterprise is a ministry in the Government of Sweden responsible for policies related to the climate, the natural environment, energy, enterprise, innovation, radiation safety, the 2030 Agenda for Sustainable Development, outdoor life and circular economy.

<span class="mw-page-title-main">Index Ventures</span> European worldwide venture capital firm

Index Ventures is a European venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security. Since its founding in 1996, the firm has invested in a number of companies and raised approximately $5.6 billion. Index Venture partners appear frequently on Forbes’ Midas List of the top tech investors in Europe and Israel.

An angel investor is an individual who provides capital to a business or businesses, including startups, usually in exchange for convertible debt or ownership equity. Angel investors often provide support to startups at a very early stage, once or in a consecutive manner, and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital and provide advice to their portfolio companies. The number of angel investors has greatly increased since the mid-20th century.

Highland Capital Partners is a global venture capital firm with offices in Boston, Silicon Valley, and San Francisco. Highland has raised over $4 billion in committed capital and invested in more than 280 companies, with 47 IPOs and 134 acquisitions.

Corporate venture capital (CVC) is the investment of corporate funds directly in external startup companies. CVC is defined by the Business Dictionary as the "practice where a large firm takes an equity stake in a small but innovative or specialist firm, to which it may also provide management and marketing expertise; the objective is to gain a specific competitive advantage." Examples of CVCs include GV and Intel Capital.

<span class="mw-page-title-main">Bain Capital Ventures</span> American venture capital division within Bain Capital

Bain Capital Ventures LLC is the venture capital division within Bain Capital, which has approximately $160 billion of assets under management worldwide. The firm's early-stage investments have included Attentive, Bloomreach, Billtrust, Docusign, Flywire, LinkedIn, Justworks, Turbonomic, Rent the Runway, Twilio, Rapid7, and Redis. Bain Capital Ventures manages $10 billion of committed capital, has over 400 active portfolio companies, and has offices in New York City, Palo Alto, and San Francisco.

Andreessen Horowitz is a private American venture capital firm, founded in 2009 by Marc Andreessen and Ben Horowitz. The company is headquartered in Menlo Park, California. As of April 2023, Andreessen Horowitz ranks first on the list of venture capital firms by assets under management, with $42 billion as of May 2024.

<span class="mw-page-title-main">Spark Capital</span> American venture capital firm

Spark Capital is a venture capital firm in the United States, responsible for early-stage funding startups of consumer, commerce, FinTech, software, frontier, and media sectors. It has branches in San Francisco, Boston, and New York City.

OurCrowd is an online global venture investing platform that empowers institutions and individual accredited investors to invest and engage in emerging technology companies at an early stage while still privately held. Based in Jerusalem, the company launched in February 2013, and has since opened overseas branches in the United States, the United Kingdom, Canada, Australia, Spain, Singapore, Brazil, and the UAE.

A startup studio, also known as a startup factory, or a startup foundry, or a venture studio, is a studio-like company that aims at building several startup companies in succession. This style of business building is referred to as "parallel entrepreneurship".

<span class="mw-page-title-main">Pitango</span> Israeli venture capital fund

Pitango VC, established in 1993, is Israel's largest venture capital fund with over $2.8 billion under management. Pitango VC invests through three dedicated funds, Pitango First, Pitango HealthTech, and Pitango Growth. Pitango invests in startups around the world, in domains such as Vertical SaaS, Digital Health, Deep Tech, FinTech & InsureTech, Devops, Generative AI, Web3, and FoodTech.

<span class="mw-page-title-main">Qualcomm Ventures</span> Investment arm of Qualcomm

Qualcomm Ventures is the investment arm of Qualcomm Incorporated. Founded in 2000, Qualcomm Ventures is a corporate venture capital fund with 140+ active portfolio companies. Investing in startups targeting the wireless ecosystem, the group focuses on investments in the sectors of automotive, data center and enterprise, digital health, Internet of Things (IoT), and mobile.

<span class="mw-page-title-main">Almaz Capital</span> International venture fund

Almaz Capital is a global VC fund headquartered in Portola Valley, California, United States investing in early stage, capital efficient technology companies in high-growth sectors. Almaz Capital focuses on disruptive deep tech companies in b2b software space, including AI/ML and Blockchain applications, IoT and Edge Computing Enablers, Cybersecurity, etc. Since its foundation the firm's portfolio has included about 50 companies, with more than 300 million US dollars invested in them.

<span class="mw-page-title-main">Venture capital in Poland</span> Overview of venture capital in Poland

Venture capital in Poland is a segment of the private equity market that finances early-stage high-risk companies based in Poland, with the potential for fast growth. As of March 2019, there is a total of 130 active VC firms in Poland, including local offices of international VC firms, and VC firms with mainly Polish management teams. Between 2009–2019, these entities have invested locally in over 750 companies, which gives an average of around 9 companies per portfolio. The Polish venture market accounts for 3% of the entire European ecosystem of VC investments, mainly in the digital space.

References

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