# Creandum: portfolio, investments and team

> Creandum is a vc firm based in Sweden. 224 investments on record, 37 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

Sweden · [Investor](https://millionrounds.com/investors)

# Creandum

Last cheque observed Oct 2026; 224 cheques on record.

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Deploying now New fund $106M, Jun 2026 VC firm

Seed Series A Series B Generalist Industry-agnostic Agnostic

Follow Creandum and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fcreandum)

Deploying now

**93%** of best year **37** **cheques in 12 months**, 224 on record

Since the last cheque **1** days **00** hrs **00** min **00** sec

Median round **$20M** Cheque size, as they say **$200K – $8.0M** Rounds led **12 of 224** Sole investor **15 rounds** Exits **6 from the portfolio** Mostly in **United Kingdom, 33%**

Pitch Creandum

## Creandum highlights

- 01 37 cheques in the last 12 months
- 02 Mostly Series A and Seed: 54% of its rounds
- 03 Sole investor in 15 rounds, median $2.0M
- 04 6 exits from the portfolio

## What they do

> We back the companies of tomorrow before it’s obvious. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $200K – $8.0M as they say
- **Stages:** Seed Series A Series B
- **Sectors:** Generalist Industry-agnostic Agnostic
- **Based in:** Stockholm, Sweden
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **224 appearances**

- **2026** 30 rounds
- **Oct** **[Ares Intelligence](https://millionrounds.com/company/ares-intelligence)** Seed · GB · EU-Startups **$3.2M** With 1 other
- **Oct** **[Machenta](https://millionrounds.com/company/machenta)** Seed · GB · Google News search **$40M** *Led*
- **Oct** **[Atlas Bio](https://millionrounds.com/company/atlas-bio)** Seed · CH · Tech.eu **$13M** *Led*
- **Oct** **[Causa Prima](https://millionrounds.com/company/causa-prima)** Seed · Fintech Global **$20M** With 5 others
- **Oct** **[Scarlet](https://millionrounds.com/company/scarlet)** Series B · GB · Tech.eu **$50M** With 5 others
- **Sept** **[Jack & Jill](https://millionrounds.com/company/jack-and-jill)** Series A · GB · Air Street Capital **$40M** With 11 others
- **Aug** **[Rillet](https://millionrounds.com/company/rillet)** Series C · US · TechCrunch **$100M** With 9 others
- **Aug** **[Olix](https://millionrounds.com/company/olix)** Growth · GB · Isomer Capital **$312M** With 12 others
- **Jul** **[Passionfroot](https://millionrounds.com/company/passionfroot)** Series A · DE · TechCrunch **$15M** With 3 others
- **Jul** **[Augustus](https://millionrounds.com/company/augustus)** Series B · US **$180M** With 4 others
- **Jul** **[Project Eaden](https://millionrounds.com/company/project-eaden)** Grant · DE **$16M** With 2 others
- **Jul** **[EquiLibre Technologies](https://millionrounds.com/company/equilibre-technologies)** Series A · CZ **$7.0M** With 2 others
- **Jun** **[Factorial](https://millionrounds.com/company/factorial)** Series D · ES · Silicon Canals **$150M** With 5 others
- **Jun** **[Modal Labs](https://millionrounds.com/company/modal-labs)** Growth · US · TechStartups **$355M** With 6 others
- **Jun** **[Conduct](https://millionrounds.com/company/conduct)** Series A · GB **$59M** With 3 others
- **Jun** **[Fuse Energy](https://millionrounds.com/company/fuse-energy)** Series B · GB **$12M** With 1 other
- **Jun** **[Causa Prima](https://millionrounds.com/company/causa-prima)** Pre-seed · DE **$10M** With 2 others
- **May** **[Embat](https://millionrounds.com/company/embat)** Series B · ES · Ventureburn **$35M** With 4 others
- **Apr** **[Sereact](https://millionrounds.com/company/sereact)** Series B · Ventureburn **$110M** With 6 others
- **Apr** **[Pipe](https://millionrounds.com/company/pipe)** Venture · US **$16M** With 4 others
- **Mar** **[Hosted.ai](https://millionrounds.com/company/hosted-ai)** Seed · Ventureburn **$19M** *Led*
- **Mar** **[PAVE Space](https://millionrounds.com/company/pave-space)** Seed · CH **$40M** With 3 others
- **Mar** **[Laka](https://millionrounds.com/company/laka)** Venture · GB **Undisclosed** With 3 others
- **Mar** **[cargo.one](https://millionrounds.com/company/cargo-one)** Venture · DE **$20M** With 3 others
- **Mar** **[Foresight Works](https://millionrounds.com/company/foresight-works)** Series A · GB **$25M** With 2 others
- **Feb** **[Complyance](https://millionrounds.com/company/complyance)** Series A · TechCrunch **$20M** With 6 others
- **Feb** **[TWAICE](https://millionrounds.com/company/twaice)** Debt · DE **$28M** With 4 others
- **Feb** **[Boardy](https://millionrounds.com/company/boardy)** Venture · US **Undisclosed** With 3 others
- **Jan** **[Pipe](https://millionrounds.com/company/pipe)** Venture · US **$14M** With 4 others
- **Jan** **[terralayr](https://millionrounds.com/company/terralayr)** Debt · CH **$190M** With 4 others
- **2025** 38 rounds
- **Dec** **[Lovable](https://millionrounds.com/company/lovable)** Series B · SE · TechCrunch **$330M** With 17 others
- **Dec** **[Black Forest Labs](https://millionrounds.com/company/black-forest-labs)** Series B · DE · Crunchbase News **$300M** With 16 others
- **Dec** **[Fuse Energy](https://millionrounds.com/company/fuse-energy)** Series B · GB **$69M** With 3 others
- **Nov** **[Cerrion](https://millionrounds.com/company/cerrion)** Series A · CH · Silicon Canals **$18M** *Led*
- **Nov** **[Vay](https://millionrounds.com/company/vay)** Venture · DE **$60M** With 4 others
- **Nov** **[GetVocal AI](https://millionrounds.com/company/getvocal-ai)** Series A · FR **$26M** With 2 others
- **Nov** **[Laka](https://millionrounds.com/company/laka)** Debt · GB **$8.5M** With 3 others
- **Oct** **[Nexos AI](https://millionrounds.com/company/nexos-ai)** Series A · LT · TechCrunch **$35M** With 9 others
- **Oct** **[Jack & Jill](https://millionrounds.com/company/jack-and-jill)** Seed · GB · TechCrunch **$20M** *Led*
- **Oct** **[Vesence](https://millionrounds.com/company/vesence)** Seed · US **$9.0M** With 3 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **8 named**

BS **Bjorn Stormorken** Board Member and Chairman of the Board i Form ADV

CJ **Carl Joran Fredrik Cassel** Board Member and Shareholder i Form ADV

DE **Daniel Erik Bertil Blomquist** Board Member and CEO and Shareholder i Form ADV

JO **James Orrick** Director of the General Partner. i Filing they signed

JS **Jan Staffan Helgesson** Board Member and Chairman of the Board and Shareholder i Form ADV

JG **Joanne Gill** Director of the General Partner. i Filing they signed

JE **Johan Erik Larsson Brenner** MEMBER OF THE ISSUERS' BOARD OF DIRECTORS i Filing they signed

SH **Staffan Helgesson** MEMBER OF THE ISSUERS' BOARD OF DIRECTORS i Filing they signed

We also hold **25** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$4.6B** gross assets of its funds, 4 advisers combined Oct 2026

**7+** funds on file numbered funds in its name

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Creandum III Advisor AB
- **SEC number:** CRD 330446

Who backs their funds

## 1 LP on record in Creandum's funds

- **Funds:** 1

The institutions that put money into its funds, which the firm then invests in companies. Source: an LP list.

- [**skandia.se** 1 fund](https://millionrounds.com/fund/skandia-se) Fund Vintage Committed Creandum - -

## Exits from the portfolio

Companies it backed that were later bought or listed **6 in all**

**[13th Lab](https://millionrounds.com/company/13th-lab)** Bought by Oculus VR **Undisclosed** Dec 2014

**[Videoplaza](https://millionrounds.com/company/videoplaza)** Bought by Ooyala **Undisclosed** Oct 2014

**[Nonstop Games](https://millionrounds.com/company/nonstop-games)** Bought by King.com **Undisclosed** Aug 2014

**[JustBook](https://millionrounds.com/company/justbook)** Bought by [Secret Escapes](https://millionrounds.com/fund/secret-escapes) **Undisclosed** Jan 2014

**[IPtronics A/S](https://millionrounds.com/company/iptronics-a-s)** Bought by [Mellanox Technologies](https://millionrounds.com/fund/mellanox-technologies) **$48M** Jun 2013

**[Nanoradio](https://millionrounds.com/company/nanoradio)** Bought by [Samsung Electronics](https://millionrounds.com/fund/samsung-electronics) **Undisclosed** Jun 2012

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$106M**

raised in Jun 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$20M** the round, not its cheque Alone, median **$2.0M**

Led 12 of 224 rounds **5%**

- **Said size:** $200K – $8.0M
- **Sole investor:** 15 rounds
- **Last cheque:** Oct 2026
- **Exits:** 6 from the portfolio

Rounds by stage said on their site

- Series A said *58*
- Seed said *47*
- Series B said *41*
- Venture *26*
- Series C *12*
- Debt *9*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Northzone](https://millionrounds.com/fund/northzone) 20
- [Index Ventures](https://millionrounds.com/fund/index-ventures) 18
- [Balderton Capital](https://millionrounds.com/fund/balderton-capital) 16
- [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) 12
- [Speedinvest](https://millionrounds.com/fund/speedinvest) 10
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 10

**Pitching Creandum?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

Add to your CRM *→*

## Who they invest alongside

The investors most often in the same rounds as Creandum. A count of rooms they were both in, not a relationship either has claimed.

[**Northzone** VC firm **20** rounds together](https://millionrounds.com/fund/northzone)[**Index Ventures** VC firm **18** rounds together](https://millionrounds.com/fund/index-ventures)[**Balderton Capital** VC firm **16** rounds together](https://millionrounds.com/fund/balderton-capital)[**Point Nine Capital** VC firm **12** rounds together](https://millionrounds.com/fund/point-nine-capital)[**Speedinvest** VC firm **10** rounds together](https://millionrounds.com/fund/speedinvest)[**Y Combinator** Accelerator **10** rounds together](https://millionrounds.com/fund/y-combinator)[**Atomico** VC firm **8** rounds together](https://millionrounds.com/fund/atomico)[**Dawn Capital** VC firm **8** rounds together](https://millionrounds.com/fund/dawn-capital)[**Project A Ventures** VC firm **8** rounds together](https://millionrounds.com/fund/project-a)[**Visionaries Club** VC firm **8** rounds together](https://millionrounds.com/fund/visionaries-club)[**Accel** VC firm **7** rounds together](https://millionrounds.com/fund/accel)[**FJ Labs** VC firm **7** rounds together](https://millionrounds.com/fund/fj-labs)

## Recently backed

The latest companies Creandum put money into.

[**Causa Prima** $20M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Scarlet** $50M · Oct 2026](https://millionrounds.com/company/scarlet)[**Rillet** $100M · Aug 2026](https://millionrounds.com/company/rillet)[**Olix** $312M · Aug 2026](https://millionrounds.com/company/olix)[**Passionfroot** $15M · Jul 2026](https://millionrounds.com/company/passionfroot)[**Augustus** $180M · Jul 2026](https://millionrounds.com/company/augustus)

## On podcasts

4 episodes naming Creandum in the title, and 4 more that mention it.

- [Startup Europe](https://millionrounds.com/podcasts/sifted) 9 Feb 2026 · 37 min Creandum’s VP of talent Michelle Coventry: What it’s like being at the other end of Anton Osika’s WhatsApps With [Michelle Coventry](https://millionrounds.com/person/michelle-coventry) Mentions [Creandum](https://millionrounds.com/fund/creandum) Apple Podcasts
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 20 Jun 2024 · 33 min Episode 73: Sabina Wizander - Partner at Creandum: Creandum VII - €500M Fund To Back Europe's Winners With [Sabina Wizander](https://millionrounds.com/person/sabina-wizander) Mentions [Creandum](https://millionrounds.com/fund/creandum) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 16 Feb 2024 · 57 min 20VC: From Selling 75% of Trade Republic for €600K to Raising $1.3BN at a $5.3BN Valuation, The Biggest Fundraising Lessons Having Raised $1.3BN From the Best in the World; Trade Republic CEO, Christian Hecker and Creandum General Partner Johan Brenner With [Johan Brenner](https://millionrounds.com/person/johan-brenner) Mentions [Creandum](https://millionrounds.com/fund/creandum)[Republic](https://millionrounds.com/fund/republic-2)[Accel](https://millionrounds.com/fund/accel) *+3* Apple PodcastsShow page
- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 26 Jul 2023 · 36 min SaaStr 678: Raising Capital in 2023: What You Really Need To Know with Creandum Partner Peter Specht With [Peter Specht](https://millionrounds.com/person/peter-specht) Mentions [Creandum](https://millionrounds.com/fund/creandum) Apple PodcastsShow page

### Mentioned in

- [Startuprad.io](https://millionrounds.com/podcasts/startuprad) 29 Sept 2026 · 57 min E 779, Leapsome: 10 Years to an Agentic HR Platform Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 11 Dec 2025 · 29 min Episode 148: Karim Saleh: Co-Founder & CEO of Cerrion – Real-Time AI for Manufacturers Apple PodcastsShow page
- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 31 Oct 2025 · 27 min Episode 142: Julio Martinez: Co-Founder and CEO of Abacum on Modern FP&A – Excel Is Fine… Until It Isn’t Apple PodcastsShow page
- [Scaling Europe](https://millionrounds.com/podcasts/scaling-europe) 28 Oct 2025 · 16 min Vesence raises $9m from Emergence, Anton Osika and Paul Graham | Henrik and Ludvig, the Cofounders Apple PodcastsShow page

## Quick answers about Creandum

### What does Creandum invest in?

Creandum invests most often at Series A and Seed (54% of the rounds on record), in sectors such as Generalist, Industry-agnostic and Agnostic.

### How active is Creandum?

224 investments on record, 37 of them in the last 12 months, and it led 12. The most recent was in Oct 2026.

### What has Creandum invested in recently?

Its most recent investments on record: Ares Intelligence (Seed, Oct 2026), Machenta (Seed, Oct 2026) and Atlas Bio (Seed, Oct 2026).

### How big are Creandum's cheques?

The median round it joins is $20M. It says it writes cheques of $200K to $8.0M.

### Does Creandum lead rounds?

Sometimes: it led 12 of its 224 investments on record (5%).

### Where does Creandum invest?

Most of the companies it backs are in the United Kingdom (33%), the United States (19%) and Germany (19%).

### Is Creandum investing now?

Yes: it is actively investing, with 37 investments in the last 12 months.

### Who does Creandum invest alongside?

Most often Northzone (20 rounds together), Index Ventures (18 rounds together) and Balderton Capital (16 rounds together).

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