Industrifonden
- Company typePrivate
- Founded1979
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
Industrifonden firmographics
Firmographics- Name
- Industrifonden
- Legal name
- Industrifonden
- Website
- https://industrifonden.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Industrifonden industry classification
Industry- Product category
- Venture Capital
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Evergreen / Open-Ended Multi-Manager Platforms (FSANAGAM)
- akta.pro secondary industry
- Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)
Keywords
Where Industrifonden is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Industrifonden business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- Fund Management and Capital Returns: Industrifonden generates returns through equity stakes in portfolio companies. Revenue is realized through exits via IPOs, acquisitions, and secondary sales. The fund operates with an evergreen structure allowing long-term value creation without traditional VC fund cycle constraints.
- Investment Management: The fund manages SEK 5 billion in assets and invests in transformative ventures with initial ticket sizes of SEK 10-50 million, with capacity to invest considerably more during company lifecycles.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Industrifonden product offering
Product offeringCore offering
Industrifonden is Sweden's evergreen venture capital fund that invests equity capital (initial tickets of SEK 10–50 million, with capacity for follow-on) in early-stage companies from seed to A-round stages. The fund operates across three practice areas — Deep Tech (advanced materials, industry 4.0, energy, advanced computing, AI, synthetic biology), Life Science (biotech, medtech, healthtech), and Transformative Tech (B2B software and business models) — targeting unique, globally scalable Nordic innovations.
Product overview
Industrifonden is Sweden's venture capital fund that provides equity investment to early-stage companies across three core investment areas: Deep Tech (advanced materials, industry 4.0, energy, computing, AI, and synthetic biology), Life Science (biotech, medtech, and healthtech addressing unmet medical needs), and Transformative Tech (B2B-focused technology and business models creating new industries). The fund typically invests SEK 10–50 million as first tickets in seed and A-round stages, with capacity for larger follow-on investments. Founded in 1979 as a Swedish government-backed independent foundation, Industrifonden operates as an evergreen fund focused on long-term value creation, backing visionary founders who can turn breakthrough innovations into globally scalable companies. The fund has approximately SEK 5 billion in assets under management.
Differentiator
Problem solved
Functional benefit
Products and services
- Deep Tech Equity Investments
Quantifiable outcome
- Successful exit of Calliditas Therapeutics to Asahi Kasei for SEK 11.2 billion with 83% premium (2024)
- +4 more outcomes
Companies that use Industrifonden
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Industrifonden technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Industrifonden partnerships and signals
Strategic signalScale indicators5 records
Recent moves6 records
Expansion highlights6 records
Industrifonden competitors and assessment
Company assessmentDirect peers
- EQT Ventures: EQT Ventures is a Stockholm-headquartered venture capital firm investing across European technology and life science companies at similar stages. It is a direct Nordic peer to Industrifonden in both geography and stage focus, though typically operating at a larger fund size.
- ByFounders: ByFounders is a Copenhagen-based pan-Nordic pre-seed and seed venture fund backed by a network of Nordic tech founders. Comparable in early-stage Nordic focus and founder-network-driven model, often competing for the same seed-stage deals.
- Investinor: Investinor is Norway's state-owned investment company that invests in venture and growth-stage Nordic companies. It is a direct peer in government-backed capital and Nordic investment mandate, often investing alongside Industrifonden.
- Navigare Ventures: Navigare Ventures is a Nordic deep tech venture capital investor that co-leads deals with Industrifonden (e.g., AlixLabs Series A). It is a direct peer in Nordic deep tech specialization, competing for similar advanced-materials and semiconductor deals.
- Northzone: Northzone is a pan-Nordic venture capital firm investing in early-to-growth stage technology companies. It is a direct peer in Nordic geography and tech/life science sector focus, typically leading larger rounds than Industrifonden's SEK 10-50M tickets.
- Tesi (Finnish Industry Investment): Tesi is Finland's state-owned investment company that invests in venture and growth funds as well as direct VC deals. It is a direct peer in government-mandated capital deployment across the Nordics, with overlapping investment themes in deep tech and life science.
- Creandum: Creandum is a leading Nordic early-stage venture capital firm headquartered in Stockholm. It is a direct peer in stage and geography, often competing for the same seed/Series A Swedish founders across consumer, SaaS, and tech.
- Almi Invest: Almi Invest is Sweden's state-owned venture capital investor and a direct peer in both mandate (public-mission capital) and stage (seed/early), often co-investing with Industrifonden (e.g., Yangi Series A). Comparable in mission if smaller in scale.
- Verdane: Verdane is a Nordic specialist venture and growth investor, often backing technology and consumer companies at growth stage. Comparable in Nordic focus and evergreen-like long-term holding approach, though with stronger growth-stage orientation.
Broad incumbents
- Bpifrance: Bpifrance is France's state-owned public investment bank with a large direct VC and growth investment arm. It is a broad incumbent comparable in public-mandate capital deployment across deep tech and life science, operating at materially larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Industrifonden social profiles
Digital presenceIndustrifonden financial estimates
Financial estimateRevenue estimate
Valuation estimate
Industrifonden leadership team
Management profileNumber of profiles
Profiles12 records
Industrifonden funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Industrifonden M&A and investment
M&A and investmentM&A
Investments224 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Industrifonden
What does Industrifonden do?
Industrifonden is Sweden's evergreen venture capital fund that invests equity capital (initial tickets of SEK 10–50 million, with capacity for follow-on) in early-stage companies from seed to A-round stages. The fund operates across three practice areas — Deep Tech (advanced materials, industry 4.0, energy, advanced computing, AI, synthetic biology), Life Science (biotech, medtech, healthtech), and Transformative Tech (B2B software and business models) — targeting unique, globally scalable Nordic innovations.
Is Industrifonden a public or private company?
Industrifonden is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Industrifonden founded?
Industrifonden was founded in 1979. It employs 11 to 50 people.
Where is Industrifonden based?
Industrifonden is headquartered in Stockholm, Sweden, in the Europe region.
How does Industrifonden make money?
Two revenue lines are on record. Fund Management and Capital Returns are the primary driver. The others are investment Management.
Who are Industrifonden's main competitors?
Direct peers on record are EQT Ventures, ByFounders, Investinor, Navigare Ventures, Northzone, Tesi (Finnish Industry Investment), Creandum, Almi Invest and Verdane. Bpifrance is listed as a broad incumbent.
Does Industrifonden have an API?
No public API is recorded for Industrifonden.
What industry is Industrifonden in?
Industrifonden's product category is Venture Capital. Its primary akta.pro industry code is FSANAGAM, Evergreen / Open-Ended Multi-Manager Platforms, with a secondary code of FSANAAAJ, Venture Capital Fund-of-Funds / Multi-Manager Platforms. Its NAICS code is 523 and its SIC code is 6282.