Alfvén & Didrikson
Alfvén & Didrikson is a Stockholm-based venture capital firm founded in 2010 that makes active, long-term minority investments in fast-growing Northern European technology companies, with 30+ portfolio companies spanning payments, software, healthtech, and sports tech.
- Company typePrivate
- Founded2010
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Alfvén & Didrikson does
Alfvén & Didrikson is a Stockholm-based venture capital and private equity firm founded in 2010 that invests in fast-growing Northern European technology companies. The firm positions itself as an active, long-term minority investor backing "passionate entrepreneurial teams with international growth ambitions," and explicitly avoids short-term return pressure in favor of long-term aligned incentives. Its disclosed portfolio spans 30+ companies across payments (Trustly), podcasting (Acast), workforce management (Quinyx), digital health (Joint Academy), education technology (Kognity), e-commerce (Auctionet), sales technology (Tellent), and sports technology (PlayReplay), plus several alumni/exited positions including Mentimeter and Klevu.
The firm operates a direct-investment go-to-market, sourcing deals through founder networks and direct outreach in the Nordics, and increasingly co-investing with sector specialists such as Centre Court Capital, Charbe Partners, Crimson Sports Capital, and LionTree. Its most significant recent transaction is a lead SEK 100 million investment in PlayReplay (May 2026), part of a $12M round to fund Middle East expansion via partner Söderhub into Saudi Arabia, UAE, Qatar, and Egypt.
The revenue model is that of a traditional closed-end VC fund manager: management fees on committed or invested capital, with the bulk of long-term economics dependent on capital gains and carried interest realized via portfolio exits. The firm employs 11-50 people across its Stockholm headquarters at Kungsgatan 30, led by founders Måns Alfvén (CEO) and Hjalmar Didrikson, with senior hires in 2024-2025 drawn from Nordic Capital, Barclays, and BCG. ESG and "giving back" initiatives (50% female team, 1% of budget donated to charity, carbon offset partnerships with GoClimate and Trine) form part of the stated culture but are not a revenue driver.
Alfvén & Didrikson firmographics
Firmographics- Name
- Alfvén & Didrikson
- Legal name
- Alfvén & Didrikson AB
- Website
- https://alfvendidrikson.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Alfvén & Didrikson is a Stockholm-based venture capital firm founded in 2010 that makes active, long-term minority investments in fast-growing Northern European technology companies, with 30+ portfolio companies spanning payments, software, healthtech, and sports tech.
- Ownership category
- akta.pro rank
Alfvén & Didrikson industry classification
Industry- Product category
- Venture Capital and Private Equity
- NAICS
- Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Micro-VC & Angel Funds (FSANAAAI)
Keywords
Where Alfvén & Didrikson is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Alfvén & Didrikson business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Others
Revenue model
- Investment Returns: Generate returns through capital gains on their investment portfolio of Northern European growth companies. They invest in fast-growing companies and realize returns upon exits.
- Fund Management: Long-term incentive-focused returns alongside investee companies. The firm emphasizes that they are not in it for salaries or short-term bonuses but for long-term aligned success with their partners.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Alfvén & Didrikson product offering
Product offeringCore offering
Alfvén & Didrikson is a Stockholm-based venture capital and private equity firm that provides growth capital and active long-term partnership to passionate entrepreneurial teams with international growth ambitions, primarily focused on fast-growing Northern European companies. The firm makes direct investments into portfolio companies, typically acquiring significant minority stakes, and provides ongoing energy, guidance, and support when portfolio companies need them.
Differentiator
Problem solved
Functional benefit
Products and services
- Alfvén & Didrikson Investment Services
Quantifiable outcome
- ~3500 people employed across portfolio companies
- +1 more outcomes
Companies that use Alfvén & Didrikson
Customer profileNamed customers14 records
Segments1 record
Ideal customer profiles1 record
Alfvén & Didrikson technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Alfvén & Didrikson partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and supportive.
- SöderhubcoreRegional partner of PlayReplay supporting expansion into Saudi Arabia, UAE, Qatar, and Egypt. Represents the MENA expansion strategy backed by Alfvén & Didrikson's investment.
- Tuula TallavaarasupportiveExternal legal counsel instrumental in guiding Alfvén & Didrikson through the PlayReplay investment process, providing outstanding legal counsel.
- GoClimatesupportiveCarbon offset provider used by Alfvén & Didrikson to offset their 2021-2023 carbon footprint, demonstrating commitment to environmental sustainability.
- TrinesupportiveCarbon offset provider used by Alfvén & Didrikson to offset their 2019-2020 carbon footprint.
- Make Democracy Great AgainsupportiveSocial impact organization that Alfvén & Didrikson collaborates with as part of their ESG and giving back initiatives.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Alfvén & Didrikson competitors and assessment
Company assessmentBroad incumbents
- Atomico: London-based venture capital firm founded by a Skype co-founder, with strong Nordic/European tech focus. Comparable to A&D in being a founder-led, geographically Northern-European-skewed VC, but at significantly larger scale and AUM.
- Index Ventures: Global venture capital firm with a strong European footprint and a long history of backing iconic Northern European tech companies (e.g., Trustly-adjacent ecosystem). Comparable in stage and category to A&D, but at a far larger scale.
- EQT Ventures: Large-scale venture fund within the EQT platform, investing across Europe including the Nordics. Comparable in geographic focus and stage but operates at materially larger check sizes and fund AUM than A&D.
Regional players
- LocalGlobe: UK-focused seed and early-stage venture firm investing across Europe. Comparable to A&D in early-stage, founder-friendly focus, though concentrated in the UK market rather than the Nordics.
- Balderton Capital: London-based venture capital firm investing in European tech companies from Seed to Series A. Comparable to A&D in stage and European focus, but UK-centric in deal sourcing.
- Project A Ventures: Berlin-based venture capital firm investing in European tech companies with an operational, hands-on approach. Comparable to A&D in the active, operational support model, though primarily focused on the DACH region rather than Nordics.
Direct peers
- Creandum: Leading early-stage venture capital firm based in the Nordics, backing tech founders across Northern Europe. Closely comparable to A&D in geographic focus, stage, and the active, hands-on partnership approach they market to founders.
- Speedinvest: European early-stage venture capital firm with a sector-focused, hands-on approach. Comparable to A&D in stage and active partnership model, though Speedinvest is larger and has explicit sector specialists.
- Northzone: Pan-Nordic venture capital firm investing in technology companies from Seed to Growth stages. Directly comparable to A&D as a Northern European tech-focused VC with a similar long-term, founder-friendly partnership model.
- Heartcore Capital: Copenhagen-based venture capital firm investing in European tech companies from Seed to Series A. Comparable to A&D in Nordic geographic focus, early-to-growth stage, and founder-friendly positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Alfvén & Didrikson social profiles
Digital presenceAlfvén & Didrikson compliance and trust
Trust signalCompliance1 record
Alfvén & Didrikson financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alfvén & Didrikson leadership team
Management profileNumber of profiles
Profiles9 records
Alfvén & Didrikson funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alfvén & Didrikson M&A and investment
M&A and investmentM&A1 record
Investments36 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alfvén & Didrikson
What does Alfvén & Didrikson do?
Alfvén & Didrikson is a Stockholm-based venture capital and private equity firm that provides growth capital and active long-term partnership to passionate entrepreneurial teams with international growth ambitions, primarily focused on fast-growing Northern European companies. The firm makes direct investments into portfolio companies, typically acquiring significant minority stakes, and provides ongoing energy, guidance, and support when portfolio companies need them.
Is Alfvén & Didrikson a public or private company?
Alfvén & Didrikson is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Alfvén & Didrikson founded?
Alfvén & Didrikson was founded in 2010. It employs 11 to 50 people.
Where is Alfvén & Didrikson based?
Alfvén & Didrikson is headquartered in Stockholm, Sweden, in the Europe region.
How does Alfvén & Didrikson make money?
Two revenue lines are on record. Investment Returns are the primary driver. The others are fund Management.
Who are Alfvén & Didrikson's main competitors?
Broad incumbents on record are Atomico, Index Ventures and EQT Ventures. Regional players are LocalGlobe, Balderton Capital and Project A Ventures. Direct peers are Creandum, Speedinvest, Northzone and Heartcore Capital.
Does Alfvén & Didrikson have an API?
No public API is recorded for Alfvén & Didrikson.
What industry is Alfvén & Didrikson in?
Alfvén & Didrikson's product category is Venture Capital and Private Equity. Its primary akta.pro industry code is FSANAAAI, Micro-VC & Angel Funds. Its NAICS code is 52394 and its SIC code is 6282.