# FishBrain funding: rounds and investors

> FishBrain has raised $24M across 5 rounds since 2013. Investors include Northzone, Industrifonden and Seedcamp. Every round with its source.

Source: https://millionrounds.com/company/fishbrain (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Venture startup](https://millionrounds.com/companies)

# Who invested in *FishBrain*

5 rounds we have observed, with the 16 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Internet

Funding summary Updated 26 Oct 2026

**$24M** raised across 5 rounds since 2013, from 5 sources

**$150K** Seed **$2.4M** Seed **$8.0M** Series A **$14M** Series B

- **Latest round:** Venture Nov 2023
- **Biggest round:** $14M Series B · Mar 2018
- **Investors:** 16

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2013 2015 2017 2019 2021 2023

**$150K** Seed

**$2.4M** Seed

**$8.0M** Series A

**$14M** Series B

**?** Venture

- **First round:** Seed, $150K
- **Biggest round:** $14M
- **Usual gap between rounds:** 2.7 years

## The rounds

- **Nov 2023** Venture **Amount undisclosed** *2 new* *3 returning* [FJ Labs](https://millionrounds.com/fund/fj-labs) [Seedcamp](https://millionrounds.com/fund/seedcamp) [B Capital](https://millionrounds.com/fund/b-capital) [Almi Invest](https://millionrounds.com/fund/almi-invest) [Northzone](https://millionrounds.com/fund/northzone) Source recorded
- **Mar 2018** Series B **$14M** *1 new* *2 returning* [Northzone](https://millionrounds.com/fund/northzone) [Industrifonden](https://millionrounds.com/fund/industrifonden) B Capital Group/ SoftBank Reported by FinSMEs
- **Jul 2015** Series A **$8.0M** *4 new* *3 returning* [Northzone](https://millionrounds.com/fund/northzone) [Industrifonden](https://millionrounds.com/fund/industrifonden) [Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures) [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) [GP Bullhound](https://millionrounds.com/fund/gp-bullhound) [Edastra Venture Capital](https://millionrounds.com/fund/edastra-ab) From a historical funding record
- **Jul 2014** Seed **$2.4M** *2 new* *1 returning* [Northzone](https://millionrounds.com/fund/northzone) [Industrifonden](https://millionrounds.com/fund/industrifonden) [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) From a historical funding record
- **Sept 2013** Seed **$150K** *7 new* [Seedcamp](https://millionrounds.com/fund/seedcamp) [Almi Invest](https://millionrounds.com/fund/almi-invest) [Industrifonden](https://millionrounds.com/fund/industrifonden) [Mattias Miksche](https://millionrounds.com/fund/mattias-miksche) [Henrik Torstensson](https://millionrounds.com/fund/henrik-torstensson) [Mathias Ackermand](https://millionrounds.com/fund/mathias-ackermand) [Rikard Steiber](https://millionrounds.com/fund/rikard-steiber) Reported by techcrunch.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2013 **Seed** 2014 **Series A** 2015 **Series B** 2018 **Venture** 2023 [Northzone](https://millionrounds.com/fund/northzone) [Industrifonden](https://millionrounds.com/fund/industrifonden) [Seedcamp](https://millionrounds.com/fund/seedcamp) [Almi Invest](https://millionrounds.com/fund/almi-invest) [Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) [FJ Labs](https://millionrounds.com/fund/fj-labs) [B Capital](https://millionrounds.com/fund/b-capital) [Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures) [Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) [GP Bullhound](https://millionrounds.com/fund/gp-bullhound)

## Everyone who backed them

[Northzone](https://millionrounds.com/fund/northzone) VC firm **4** rounds

[Industrifonden](https://millionrounds.com/fund/industrifonden) VC firm **4** rounds

[Seedcamp](https://millionrounds.com/fund/seedcamp) VC firm **2** rounds

[Almi Invest](https://millionrounds.com/fund/almi-invest) VC firm **2** rounds

[Active Venture Partner](https://millionrounds.com/fund/active-venture-partners) VC firm **2** rounds

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round

[Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures) VC firm **1** round

[Recruit Strategic Partners](https://millionrounds.com/fund/recruit-strategic-partners) Investment firm **1** round

[GP Bullhound](https://millionrounds.com/fund/gp-bullhound) Advisor **1** round

[Edastra Venture Capital](https://millionrounds.com/fund/edastra-ab) Private equity **1** round

[Mattias Miksche](https://millionrounds.com/fund/mattias-miksche) Angel **1** round

[Henrik Torstensson](https://millionrounds.com/fund/henrik-torstensson) Angel **1** round

[Mathias Ackermand](https://millionrounds.com/fund/mathias-ackermand) Angel **1** round

[Rikard Steiber](https://millionrounds.com/fund/rikard-steiber) Angel **1** round

B Capital Group/ SoftBank no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=fishbrain).

## Also claim to have backed them

This firm lists FishBrain as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Inbox Capital](https://millionrounds.com/fund/inbox-capital) Family office Per its own site

## Quick answers about FishBrain

### Who invested in FishBrain?

FishBrain's investors include Northzone, Industrifonden, Seedcamp, Almi Invest and Active Venture Partner, and 11 more on record.

### How much has FishBrain raised?

FishBrain has raised $24M across 5 rounds since 2013. One round did not disclose an amount, so the total is a floor.

### When did FishBrain last raise?

FishBrain's most recent round was a Venture in Nov 2023.

### What was FishBrain's biggest round?

FishBrain's largest round on record is $14M (Series B), in Mar 2018.

### Who backed FishBrain first?

FishBrain's first round on record, in Sept 2013, was backed by Seedcamp, Almi Invest and Industrifonden and 4 others.

### What stage is FishBrain at?

FishBrain's latest named round is a Venture, in Nov 2023.

### Where is FishBrain based?

FishBrain is based in Sweden.

## Companies like FishBrain

In the same sector, and raised in the last eighteen months.

[**Lovable** $1.4B · Aug 2026](https://millionrounds.com/company/lovable)[**Endra** $70M · Jun 2026](https://millionrounds.com/company/endra)[**PlayReplay** $12M · May 2026](https://millionrounds.com/company/playreplay)[**Validio** $30M · Mar 2026](https://millionrounds.com/company/validio)[**Openroll** $500K · Dec 2025](https://millionrounds.com/company/openroll)[**EcoDataCenter** $702M · Sept 2025](https://millionrounds.com/company/ecodatacenter)

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