# Matsmart funding: rounds and investors

> Matsmart has raised $44M across 2 rounds since 2015. Investors include Northzone and Norrsken VC. Every round with its source.

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

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

# Who invested in *Matsmart*

2 rounds we have observed, with the 2 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.

E-commerce

Funding summary Updated 26 Oct 2026

**$44M** raised across 2 rounds since 2015, from 2 sources

**$600K** Round **$44M** Series D

- **Latest round:** Series D, $44M Nov 2023
- **Step-up i:** 72.8×
- **Investors:** 2

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.

2017 2019 2021 2023

**$600K** Round

**$44M** Series D

- **First round:** Round, $600K
- **Biggest round:** $44M
- **Between rounds:** 8.1 years

## The rounds

- **Nov 2023** Series D **$44M** *2 new* [Northzone](https://millionrounds.com/fund/northzone) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) Source recorded
- **Oct 2015** Round **$600K** No investor was named in the report. From a historical funding record

## 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.

**Round** 2015 **Series D** 2023 [Northzone](https://millionrounds.com/fund/northzone) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc)

## Everyone who backed them

[Northzone](https://millionrounds.com/fund/northzone) VC firm **1** round

[Norrsken VC](https://millionrounds.com/fund/norrsken-vc) Accelerator **1** round

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

## Also claim to have backed them

These 2 firms list Matsmart as a portfolio company on their own websites, but no report of a round names them. 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

[LeadX Capital Partners](https://millionrounds.com/fund/leadx-capital-partners) Private equity Per its own site

## Quick answers about Matsmart

### Who invested in Matsmart?

Matsmart's investors include Northzone and Norrsken VC.

### How much has Matsmart raised?

Matsmart has raised $44M across 2 rounds since 2015.

### When did Matsmart last raise?

Matsmart's most recent round was a Series D of $44M in Nov 2023.

### What was Matsmart's biggest round?

Its most recent round, $44M in Nov 2023, is also its largest on record.

### Who backed Matsmart first?

Matsmart's first round on record, in Nov 2023, was backed by Northzone and Norrsken VC.

### What stage is Matsmart at?

Matsmart's latest named round is a Series D, in Nov 2023.

### Where is Matsmart based?

Matsmart is based in Sweden.

## Companies like Matsmart

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

[**Nordic Knots** $100M · Mar 2026](https://millionrounds.com/company/nordic-knots)[**Millentic** $434K · Jul 2025](https://millionrounds.com/company/millentic)[**Centra** $5.2M · May 2025](https://millionrounds.com/company/centra)[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)[**Remolonas** $35K · Oct 2026](https://millionrounds.com/company/remolonas)[**ZeroW** $417K · Oct 2026](https://millionrounds.com/company/zerow)

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