Multi-stage VC, Stockholm

Industrifonden

Venture capital firm · Stockholm · Founded 1979

Quick read

Industrifonden is a Swedish evergreen venture capital fund, founded in 1979 and headquartered in Stockholm. With ~$600M in assets, it backs early-stage companies from seed to Series A across Deep Tech, Life Science, and Transformative Tech — primarily in Sweden and the broader Nordics. Its evergreen structure means it invests across market cycles without a fixed fund horizon, and it has backed 400+ companies with 19 IPOs and 29 acquisitions to date.

Key facts

Founded
1979
Employees
16
Sectors
healthcare, climate, enterprise, biotech, ai, hardware
Website
industrifonden.com

Investment thesis

Industrifonden backs early-stage Swedish and Nordic companies from seed to Series A in three focus areas — Deep Tech, Life Science, and Transformative Tech — writing first cheques of SEK 10–50M and following on through the company lifecycle. The fund targets science-driven, scalable innovations with the potential to improve society, operating as an evergreen vehicle with no forced exit timelines.

Recent activity

  • Feb 2026investment
    Industrifonden co-invested in Vesiro's €1.6M raise for an Elasticsearch plugin designed to cut server costs and energy use, alongside Chalmers Ventures, First Gate Invest, and others. tracxn.com
  • Jan 2026investment
    Melt&Marble closed an $8.6M Series A round with Industrifonden participating alongside Valio, Chalmers Ventures, and Valio Ventures. tracxn.com
  • 2026press
    Dealroom ranked Industrifonden #19 in its 2026 Power Law Investor Ranking for the Nordics, citing four unicorn outcomes in its tracked portfolio. dealroom.co
  • Dec 2025investment
    SaltX Technology completed a rights issue and over-allotment option exercise with Industrifonden listed among participating investors alongside Exelity and SMA Mineral. tracxn.com
  • Sep 2024investment
    Industrifonden led Cellevate's second seed round in syndication with the EIC Fund, raising a total of €3.2M. Cellevate develops next-generation cell culture systems for biomanufacturing. zoominfo.com
  • May 2024investment
    ZeroPoint Technologies closed a €5.0M Series A led by Matterwave Ventures, with Industrifonden acting as local Nordic lead for the round. zoominfo.com
  • Feb 2026investment
    Participated in Vesiro's €1.6M seed round — the Swedish startup builds an Elasticsearch plugin to cut server costs and energy use. tracxn.com
  • Jan 2026investment
    Co-led Melt&Marble's $8.6M Series A alongside Beiersdorf and Valio, backing the Gothenburg fermentation-derived fats startup toward commercial launch in personal care. tracxn.com
  • Dec 2025investment
    Participated in SaltX Technology's rights issue outcome and over-allotment option exercise — SaltX operates the world's first electrified CO2-neutral lime manufacturing plant. tracxn.com
  • 2025investment
    Led a SEK 33M round into Zymego, a Swedish healthcare scheduling platform now expanding into the UK NHS market. linkedin.com
  • Sep 2024investment
    Led Cellevate AB's second seed round of SEK 39M (3.2M EUR), in syndication with the EIC Fund and Onsight Ventures, for the biotech's nanofiber-based cell culture technology. zoominfo.com
  • May 2024investment
    Served as Nordic lead investor in ZeroPoint Technologies' EUR 5.0M Series A, alongside European Deep Tech fund Matterwave Ventures. zoominfo.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Anna Ljungdahl · Senior Investment Director
    LinkedIn
  • Patrik Sobocki · Senior Investment Director
    LinkedIn
  • Tobias Elmquist · Senior Investment Director
    LinkedIn
  • Jakob Regberg · Investment Director (Life Science)
    LinkedIn
  • Stefan Larsson · Senior Advisor, Healthcare & Life Sciences
    LinkedIn
  • Matti Zemack · Investment Director (Deep Tech)
    LinkedIn
  • Linda Krondahl · CEO
  • Jenny Solberg · Investment Partner, Life Sciences
  • Daniel Carlsson · Partner

Sources

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Frequently asked

What is Industrifonden?+

Industrifonden is a Swedish evergreen venture capital fund, founded in 1979 and headquartered in Stockholm. With ~$600M in assets, it backs early-stage companies from seed to Series A across Deep Tech, Life Science, and Transformative Tech — primarily in Sweden and the broader Nordics.

Where is Industrifonden headquartered?+

Industrifonden is headquartered in Stockholm, Sweden.

When was Industrifonden founded?+

Industrifonden was founded in 1979.

What sectors does Industrifonden invest in?+

Industrifonden focuses on healthcare, climate, enterprise, biotech, ai, hardware. They primarily invest in these sectors.

Who is the CEO of Industrifonden?+

Linda Krondahl is the CEO of Industrifonden.

How do I prepare for a meeting with Industrifonden?+

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Generated by briefthecall.com from public web sources. Last updated July 11, 2026. Each claim is linked to its source above.

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