Brouky Score · 2026

Top VC Firms in Sweden

The 25 highest-scoring venture funds headquartered in Sweden, ranked from 108 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

60
Median score / 110
across eligible firms
108
Eligible firms
5+ tracked investments
4,023
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1

SEB Greentech

Series C+Sweden
Artificial Intelligence & DataIndustry & HardwareEnergy, Environment & Mobilityother
climate-techheat-pumpsbiocatalysisgreen-chemistrysynthetic-biologyautomotive
100/ 110Grade A

Investments

14

Exit Rate

7%

Alive

13

Portfolio Outcomes

13 Alive1 Acquired

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
100 pts · Grade A
2

Navigare Ventures

Series ASweden
Artificial Intelligence & DataHealthcare & Life SciencesSoftware & Developer ToolsIndustry & HardwareEnergy, Environment & Mobility
liquid-biopsydeveloper-toolsreal-time-dataresource-managementsustainabilitywater-quality-monitoring

Navigare Ventures focuses on Series A investments, particularly within the industry and hardware sectors. They appear to have a strong geographic focus on companies based in Sweden.

99/ 110Grade A

Investments

13

Exit Rate

0%

Alive

13

Portfolio Outcomes

13 Alive

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
99 pts · Grade A
3

Hartbeat Ventures

Series BSweden
99/ 110Grade A

Investments

10

Exit Rate

9%

Alive

6

Portfolio Outcomes

6 Alive1 Acquired4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
99 pts · Grade A
4
95/ 110Grade A

Investments

20

Exit Rate

5%

Alive

16

Portfolio Outcomes

16 Alive1 Acquired4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
95 pts · Grade A
5

Northzone Capital

Series C+Sweden
93/ 110Grade A-

Investments

164

Exit Rate

8%

Alive

156

Portfolio Outcomes

156 Alive15 Acquired1 IPO24 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
93 pts · Grade A-
6

Summa Equity

Series C+Sweden
Energy, Environment & MobilityCommerce & MarketingArtificial Intelligence & Data
energy-managementgrocery-deliveryhome-deliveryonline-retailretailbuilding-automation

Summa Equity invests primarily in growth-stage companies in the Nordic region, focusing on sustainable value creation and technological innovation across multiple sectors.

92/ 110Grade A-

Investments

7

Exit Rate

7%

Alive

19

Portfolio Outcomes

19 Alive2 Acquired7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
7 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
92 pts · Grade A-
7
87/ 110Grade A-

Investments

8

Exit Rate

0%

Alive

6

Portfolio Outcomes

6 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
87 pts · Grade A-
8
Software & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingEnergy, Environment & Mobility
aicomplianceanalyticscustomer-experiencedata-analyticsartificial-intelligence
86/ 110Grade A-

Investments

100

Exit Rate

12%

Alive

79

Portfolio Outcomes

79 Alive9 Acquired3 IPO10 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
11 / 25
Deal Volume
30 / 30
Portfolio Outcomes
30 / 40
86 pts · Grade A-
9

Northzone

Series C+Sweden
Software & Developer ToolsConsumer, Lifestyle & ServicesFinance & BlockchainCommerce & MarketingIndustry & HardwareHealthcare & Life Sciences
aiautomationartificial-intelligencefintechmachine-learningconsumer-tech

Northzone is a venture capital firm that invests in early-stage technology companies across Europe and the US. They focus on sectors like fintech, SaaS, consumer internet, and digital health, typically investing in Seed to Series A rounds with the capacity for follow-on investments.

85/ 110Grade A-

Investments

229

Exit Rate

10%

Alive

184

Portfolio Outcomes

184 Alive22 Acquired2 IPO2 Dead35 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
85 pts · Grade A-
10

Alfvén & Didrikson

Series C+Sweden
Software & Developer ToolsConsumer, Lifestyle & ServicesCommerce & MarketingIndustry & HardwareFinance & Blockchain
educationlearning-platformonline-learningstudent-techadvertisingaudio
84/ 110Grade B+

Investments

10

Exit Rate

0%

Alive

8

Portfolio Outcomes

8 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
24 / 40
84 pts · Grade B+
11

Saminvest

Series C+Sweden
82/ 110Grade B+

Investments

7

Exit Rate

17%

Alive

3

Portfolio Outcomes

3 Alive1 Acquired2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
82 pts · Grade B+
12
81/ 110Grade B

Investments

5

Exit Rate

0%

Alive

2

Portfolio Outcomes

2 Alive4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
14 / 30
Portfolio Outcomes
40 / 40
81 pts · Grade B
13

EQT Ventures

AcquisitionSweden
Software & Developer ToolsHealthcare & Life SciencesEnergy, Environment & MobilityConsumer, Lifestyle & ServicesIndustry & HardwareFinance & Blockchain
aihealthcaredigital-healthbiotechenterpriseautomation

EQT Ventures partners with ambitious founders building generation-defining companies across Europe and the US, providing capital, operational support, and a global network to help them scale into enduring category leaders.

80/ 110Grade B

Investments

487

Exit Rate

14%

Alive

357

Portfolio Outcomes

357 Alive59 Acquired7 IPO6 Dead51 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
35 / 40
80 pts · Grade B
14

Flat Capital

Series C+Sweden
80/ 110Grade B

Investments

22

Exit Rate

0%

Alive

15

Portfolio Outcomes

15 Alive7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
15 / 30
Portfolio Outcomes
34 / 40
80 pts · Grade B
15
80/ 110Grade B

Investments

22

Exit Rate

0%

Alive

15

Portfolio Outcomes

15 Alive9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
19 / 40
80 pts · Grade B
16

TIN Fonder

Series CSweden
Software & Developer ToolsEnergy, Environment & MobilityFinance & BlockchainHealthcare & Life Sciences
threat-detectioncybersecurityapplication-securitycloud-securityanalyticscloud

TIN Fonder invests in growth companies with a focus on innovation and scalability. They primarily target software and developer tools companies in Sweden.

80/ 110Grade B

Investments

7

Exit Rate

6%

Alive

25

Portfolio Outcomes

25 Alive1 Acquired1 IPO9 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
14 / 30
Portfolio Outcomes
35 / 40
80 pts · Grade B
17

Bonnier Ventures

Series C+Sweden
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingFinance & BlockchainEnergy, Environment & Mobility
consumercontent-creationdigital-healthtelemedicinedigital-platformhealthcare

Bonnier Ventures invests in early-stage technology companies across the Nordic region, with a focus on digital media, e-commerce, and technology-enabled services.

79/ 110Grade B

Investments

70

Exit Rate

3%

Alive

52

Portfolio Outcomes

52 Alive2 Acquired15 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
2 / 25
Deal Volume
30 / 30
Portfolio Outcomes
32 / 40
79 pts · Grade B
18

Kinnevik

Series C+Sweden
Software & Developer ToolsCommerce & MarketingHealthcare & Life SciencesEnergy, Environment & MobilityFinance & BlockchainConsumer, Lifestyle & Services
digital-healthhealthcareconsumerdeliveryfintechfood-delivery
79/ 110Grade B

Investments

29

Exit Rate

9%

Alive

76

Portfolio Outcomes

76 Alive8 Acquired7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
6 / 25
Deal Volume
30 / 30
Portfolio Outcomes
28 / 40
79 pts · Grade B
19

Fairpoint Capital

Series BSweden
Software & Developer ToolsIndustry & HardwareArtificial Intelligence & DataEnergy, Environment & Mobility
cloudedge-aimachine-learning-optimizationmodel-compressiondata-visualizationenergy-data

Fairpoint Capital invests in early-stage B2B software companies. They focus on companies based in Sweden.

79/ 110Grade B

Investments

17

Exit Rate

11%

Alive

15

Portfolio Outcomes

15 Alive2 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
18 / 30
Portfolio Outcomes
30 / 40
79 pts · Grade B
20
Software & Developer ToolsHealthcare & Life SciencesArtificial Intelligence & DataFinance & BlockchainIndustry & HardwareConsumer, Lifestyle & Services
aihealthcaredigital-healthfintechcustomer-supportautomation

Propel Capital invests exclusively in Sting companies, focusing on early-stage ventures. They prioritize aligning interests with angel investors to accelerate the development of their portfolio companies, with a focus on DeepTech, Climate, and Health.

78/ 110Grade B-

Investments

52

Exit Rate

4%

Alive

45

Portfolio Outcomes

45 Alive2 Acquired4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
29 / 30
Portfolio Outcomes
20 / 40
78 pts · Grade B-
21

J12 Ventures

Series C+Sweden
Software & Developer ToolsCommerce & MarketingConsumer, Lifestyle & ServicesotherFinance & BlockchainIndustry & Hardware
analyticsdatadata-managemententerpriseconsumerhospitality

J12 Ventures focuses on pre-seed investments in the United Kingdom. They primarily invest in consumer, lifestyle, and services companies.

75/ 110Grade B-

Investments

37

Exit Rate

3%

Alive

32

Portfolio Outcomes

32 Alive1 Acquired6 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
29 / 30
Portfolio Outcomes
17 / 40
75 pts · Grade B-
22

Blume Ventures

Series BSweden
Software & Developer ToolsEnergy, Environment & MobilityConsumer, Lifestyle & ServicesCommerce & MarketingIndustry & HardwareHealthcare & Life Sciences
sustainabilityanalyticsdataautomationeducationretail
75/ 110Grade B-

Investments

11

Exit Rate

13%

Alive

18

Portfolio Outcomes

18 Alive3 Acquired3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
16 / 40
75 pts · Grade B-
23

EQT Nexus

Series BSweden
75/ 110Grade B-

Investments

6

Exit Rate

0%

Alive

5

Portfolio Outcomes

5 Alive4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
20 / 40
75 pts · Grade B-
24

eEquity

Series BSweden
Consumer, Lifestyle & ServicesCommerce & MarketingSoftware & Developer ToolsEnergy, Environment & MobilityIndustry & HardwareArtificial Intelligence & Data
d2csustainabilityconsumerecommercelifestyleclean-energy

eEquity is a growth equity firm that invests in internet retailers and brands in the Nordics. They focus on companies with strong online presence and growth potential.

74/ 110Grade C+

Investments

12

Exit Rate

20%

Alive

7

Portfolio Outcomes

7 Alive2 Acquired1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
9 / 30
Portfolio Outcomes
34 / 40
74 pts · Grade C+
25

Creades

Series C+Sweden
Software & Developer ToolsotherFinance & BlockchainEnergy, Environment & MobilityHealthcare & Life SciencesConsumer, Lifestyle & Services
fintechb2b-financefinancefinancial-softwarefinancial-solutionsinteractive

Creades is a Swedish investment company that focuses on long-term investments in listed and unlisted Nordic companies with growth potential. They look for companies with strong market positions, sustainable business models, and driven management teams.

74/ 110Grade C+

Investments

7

Exit Rate

0%

Alive

15

Portfolio Outcomes

15 Alive5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
15 / 40
74 pts · Grade C+

Methodology

What the score measures, who is eligible, and what it deliberately excludes.

How is the Brouky score for Sweden calculated?
Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
Which firms are eligible for the Sweden ranking?
Venture and corporate venture funds headquartered in Sweden with at least 5 tracked investments. 108 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
How often is the ranking updated?
Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
My fund's data looks wrong. Can it be corrected?
Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.

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