What Fairpoint Capital does

Fairpoint Capital AB is a Stockholm-based venture capital firm that manages minority-investment funds focused exclusively on Nordic early-stage B2B technology companies. Founded in 2018–2019 as a spin-out from the technology team of SEB Venture Capital, the firm leverages more than two decades of predecessor-team investment experience and approximately 60 historical technology exits (including portfolio realizations at Google, Juniper Networks, Cisco, and Microsoft). The core investment team comprises six members led by Managing Partner Frederick Johansson (former Head of SEB Venture Capital, 2005–2009), with Partners Ulf Lewander, Filip Petersson, Hadar Cars, and Andreas Pennervall, plus CFO & Partner Louise Pihl.

Fairpoint manages two primary products: Fund I, launched in April 2019 with SEK 900 million in commitments anchored by SEB as cornerstone LP and additional Nordic institutions; and Fund II, whose first closing of SEK 600 million was announced in October 2024 and which remains open to additional investors through December 2025. The firm invests minority equity in late-seed through Series B rounds, with initial check sizes typically in the SEK 10–40 million range. Investment focus areas include deep technology verticals such as AI, IoT, semiconductor technology, cloud computing, simulations, robotics, big data, computer vision, extended reality, autonomous systems, security, and additive manufacturing. The portfolio across Fund I includes companies such as Curity (acquired by GRO Capital), TrusTrace, Netrounds (acquired by Juniper Networks), Cognibotics, DbVis Software, foreseeti (acquired by Google), Percepio, Avassa, Metry (acquired by Evora Global), and ONEiO.

Revenue is generated through traditional VC fund economics: recurring management fees on committed/invested capital across Fund I and Fund II, supplemented by carried interest realizations upon successful portfolio exits. The firm does not publicly disclose fee rates or carry terms. Customers in the LP sense comprise SEB and other Nordic institutional investors (pension funds, family offices, corporate investors), while portfolio-company founders are the firm investees. The firm operates from a single headquarters at Vasagatan 40 in Stockholm and does not maintain additional offices despite portfolio investments spanning Sweden, Norway, Finland, and Denmark.

Name

Fairpoint Capital

Legal name

Fairpoint Capital AB

Website

https://fairpoint.se

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Fairpoint Capital is a Stockholm-based venture capital firm managing minority-investment funds in Nordic early-stage B2B technology companies. Spun out of SEB Venture Capital in 2019, it deploys SEK 10–40 million checks across deep-tech sectors including AI, IoT, semiconductors, and security.

Ownership category

akta.pro rank

Product category

Venture Capital / Private Equity

akta.pro primary industry

Venture Capital Fund-of-Funds / Multi-Manager Platforms (FSANAAAJ)

Keywords

• Nordic venture capital
• Technology growth equity
• B2B tech investments
• Minority equity investments
• Deep tech funding

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Management Fees: Fairpoint Capital generates revenue through management fees charged on the venture capital funds under management, typically calculated as a percentage of committed capital or assets under management.
2. Carried Interest: The firm earns carried interest (carry) from fund performance when portfolio companies are successfully exited, representing a share of profits above the return of capital to limited partners.
3. Portfolio Company Returns: Returns from successful exits and portfolio company growth generate value for the fund's limited partners and create carried interest opportunities for the management team.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Fairpoint Capital manages venture capital funds that make minority equity investments in unique Nordic early-stage B2B technology companies. The firm typically invests SEK 10-40 million per company at late seed to Series B stages, targeting scalable deep technology businesses in AI, IoT, semiconductors, cloud, robotics, computer vision, autonomous systems, and security. Beyond capital, Fairpoint provides active strategic support through board participation and hands-on partnership with founders.

Product overview

Fairpoint Capital operates as a B2B technology venture capital firm managing two investment funds. Fairpoint Capital Fund I has backed 16 technology companies with multiple exits, while Fund II (announced October 2024 at SEK 600 million) continues this strategy. The firm provides minority investments typically ranging from 10-40 mSEK to late seed, A and B round companies in the Nordic region, focusing on unique technologies and scalable business models addressing global markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Fairpoint Capital Fund I Fairpoint Capital's first venture capital fund with SEK 900 million in commitments, providing minority equity investments of SEK 10-40 million to Nordic early-stage B2B technology companies at late seed to Series B stages. The fund has backed 16 portfolio companies and generated multiple successful exits.
• Fairpoint Capital Fund II Fairpoint Capital's second venture capital fund announced in October 2024 with first closing at SEK 600 million. Continues the firm's strategy of minority equity investments in innovative Nordic B2B technology companies around fundamentally original engineering, in sectors such as enterprise software, AI, semiconductor technology, and security. Targets pension funds, family offices, and corporate investors as limited partners.
• Minority Equity Investments and Active Portfolio Support Fairpoint Capital's core investment service offering minority equity investments combined with active strategic support, including board participation and hands-on partnership with portfolio company founders. The service targets Nordic B2B technology companies at late seed to Series B stages with unique technologies and globally scalable business models. Investment sizes typically range from SEK 10-40 million initially with potential for follow-on capital during the holding period.

Quantifiable outcome

• First fund backed 16 companies that achieved significant growth and market impact
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Industrifonden: Swedish/Nordic venture and growth capital investor. Directly comparable as it invests across similar Nordic deep-tech and B2B software stages and has co-invested with Fairpoint in multiple portfolio companies (Avassa, DbVis, TrusTrace, KISAB).
• Creandum: Leading Nordic early-stage VC backing technology companies from seed to Series B. Comparable as it operates in the same Nordic tech ecosystem, targets similar B2B software and marketplace themes, and competes for the same founder relationships.
• Northzone: Nordic-headquartered VC investing across European tech from seed to growth. Directly comparable as it backs B2B software and deep-tech founders in the Nordics, often at later stages than Fairpoint but in adjacent sectors.
• Open Ocean: Nordic early-stage B2B software investor. Directly comparable as it focuses on enterprise software and B2B technology founders in the Nordics and the Nordics-Baltics region, targeting similar ticket sizes and stages.
• Inventure: Finnish venture capital firm investing in early-stage and growth-stage technology companies. Directly comparable as it invests in Nordic B2B tech, has co-invested with Fairpoint (ONEiO), and competes for similar Finnish and Swedish founders.
• Spintop Ventures: Swedish early-stage VC focused on Nordic B2B software and deep tech. Directly comparable given repeated co-investment with Fairpoint (e.g., Embedl) and overlap in stages, sectors, and ticket sizes.
• Chalmers Ventures: Swedish tech-focused early-stage investor linked to Chalmers University of Technology. Directly comparable as it invests in Nordic deep-tech spinouts and B2B software at the seed-to-Series A stages Fairpoint targets.
• Navigare Ventures: Nordic deep-tech VC investing in frontier technology companies. Directly comparable as it operates in similar Nordic deep-tech themes (e.g., co-invested with Fairpoint in Scaleout) and targets similar early growth stages.
• ALMI Invest: Swedish state-backed investment company providing early-stage capital to growth companies. Comparable as a Nordic early-stage investor that has co-invested alongside Fairpoint in multiple rounds (Embedl, Scaleout) and competes for similar Swedish founders.

Broad incumbents

• Atomico: European technology venture capital firm founded by Skype co-founder Niklas Zennström. Comparable as a broader, later-stage European tech investor that occasionally overlaps with Nordic B2B deep-tech deals Fairpoint competes for.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fairpoint-capital/?originalSubdomain=se

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments26 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fairpoint Capital