# J12 Ventures: portfolio, investments and team

> J12 Ventures is a vc firm based in Sweden. 33 investments on record, 5 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/j12 (Millionrounds; every figure on the page links to its filing or article)

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

# J12 Ventures

Last cheque observed Sep 2026; 33 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Recurring IoT Fashion

Follow J12 Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fj12)

Deploying now

**63%** of best year **5** **cheques in 12 months**, 33 on record

Since the last cheque **32** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$100K – $2.0M** Rounds led **0 of 33** Sole investor **4 rounds** Mostly in **Sweden, 57%**

Pitch J12 Ventures

## J12 Ventures highlights

- 01 5 cheques in the last 12 months
- 02 Mostly Seed and Pre-seed: 70% of its rounds
- 03 Sole investor in 4 rounds, median $1.6M

## What they do

> J12 is a thesis-driven venture capital firm partnering early with technical founders across Europe to build category-defining data and AI companies across infrastructure, tooling, and domain-specific applications From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $2.0M as they say
- **Stages:** Pre-seed Seed Series A
- **Sectors:** Recurring IoT Fashion
- **Based in:** Stockholm, Sweden
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **33 appearances**

- **2026** 4 rounds
- **Sept** **[IPercept](https://millionrounds.com/company/ipercept)** Series A · SE · ArcticStartup **$17M** With 4 others
- **Aug** **[Volve](https://millionrounds.com/company/volve)** Seed · NO **$3.0M** With 3 others
- **Mar** **[Validio](https://millionrounds.com/company/validio)** Series A · SE · Ventureburn **$30M** With 5 others
- **Mar** **[Galdera Labs](https://millionrounds.com/company/galdera-labs)** Pre-seed · SE **$1.7M** With 1 other
- **2025** 7 rounds
- **Nov** **[Kovant](https://millionrounds.com/company/kovant)** Pre-seed · SE **$1.7M** Sole investor
- **Sept** **[DataCrunch](https://millionrounds.com/company/datacrunch)** Series A · FI · TechStartups **$64M** With 9 others
- **Sept** **[Verda](https://millionrounds.com/company/verda)** Series A · FI **$65M** With 2 others
- **Aug** **[Jimini AI](https://millionrounds.com/company/jimini-ai)** Grant · FR **$5.0M** With 3 others
- **Jun** **[Ostrom](https://millionrounds.com/company/ostrom)** Series B · DE **$23M** With 3 others
- **Jun** **[Pistachio](https://millionrounds.com/company/pistachio)** Series A · NO · Firms' own news pages **$7.0M** With 4 others
- **Mar** **[Spaak Technologies](https://millionrounds.com/company/spaak-technologies)** Pre-seed · DK **$1.6M** With 1 other
- **2024** 4 rounds
- **Jul** **[Jeff](https://millionrounds.com/company/jeff)** Seed · ES **$2.0M** With 3 others
- **Mar** **[Ayora](https://millionrounds.com/company/ayora)** Pre-seed · GB **$1.6M** Sole investor
- **Mar** **[Dema.ai](https://millionrounds.com/company/dema-ai)** Seed · SE **$7.6M** With 1 other
- **Mar** **[Buddywise](https://millionrounds.com/company/buddywise)** Seed · SE **$3.8M** With 1 other
- **2023** 6 rounds
- **Oct** **[Deasie](https://millionrounds.com/company/deasie)** Seed · US **$2.9M** With 4 others
- **Sept** **[Leetify](https://millionrounds.com/company/leetify)** Seed · SE **$2.5M** With 2 others
- **Sept** **[Airmee](https://millionrounds.com/company/airmee)** Series B · SE **$5.0M** With 4 others
- **Sept** **[Treyd](https://millionrounds.com/company/treyd)** Series A · SE **$12M** With 2 others
- **May** **[AnotherblockAnotherblock AB](https://millionrounds.com/company/anotherblockanotherblock-ab)** Seed · SE **$4.3M** With 1 other
- **Mar** **[MVision AI](https://millionrounds.com/company/mvision-ai)** Seed · FI **$5.9M** With 1 other
- **2022** 4 rounds
- **Nov** **[Kudos Labs](https://millionrounds.com/company/kudos-labs)** Seed · SE **$4.2M** With 1 other
- **Oct** **[Februar](https://millionrounds.com/company/februar)** Pre-seed · DE **$1.5M** With 1 other
- **Sept** **[ZealiD](https://millionrounds.com/company/zealid)** Seed · SE **$2.2M** With 1 other
- **Sept** **[Rely.io](https://millionrounds.com/company/rely-io)** Pre-seed · PT **$2.0M** With 3 others
- **2021** 6 rounds
- **Sept** **[Circulate](https://millionrounds.com/company/circulate)** Pre-seed · SE **$1.5M** With 1 other
- **Sept** **[Health Integrator](https://millionrounds.com/company/health-integrator)** Seed · SE **$2.3M** With 2 others
- **Aug** **[Inex One](https://millionrounds.com/company/inex-one)** Seed · SE **$3.0M** Sole investor
- **Aug** **[memmo.me](https://millionrounds.com/company/memmo-me)** Series A · SE **$12M** With 2 others
- **Jul** **[Sturdy](https://millionrounds.com/company/sturdy)** Seed · SE **$1.5M** With 2 others
- **Mar** **[TradeBay](https://millionrounds.com/company/tradebay)** Seed **$1.1M** With 2 others
- **2020** 2 rounds
- **Aug** **[Northfork](https://millionrounds.com/company/northfork)** Seed **$1.1M** Sole investor
- **Jan** **[Formulate](https://millionrounds.com/company/formulate)** Seed **$4.1M** With 2 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

We hold **8** 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 they claim to have backed

From their own portfolio page (on their website)

**17** of 35 we have independently watched raise

[Airmee](https://millionrounds.com/company/airmee)[Ayora](https://millionrounds.com/company/ayora)[Buddywise](https://millionrounds.com/company/buddywise)[Galderalabs](https://millionrounds.com/company/galdera-labs)[Gitbutler](https://millionrounds.com/company/gitbutler)[Healthintegrator](https://millionrounds.com/company/health-integrator)[Ipercept](https://millionrounds.com/company/ipercept)[Kovant](https://millionrounds.com/company/kovant)[Leetify](https://millionrounds.com/company/leetify)[Lovable](https://millionrounds.com/company/lovable)[Northfork](https://millionrounds.com/company/northfork)[Ostrom](https://millionrounds.com/company/ostrom)[Relexsolutions](https://millionrounds.com/company/relex-solutions)[Treyd](https://millionrounds.com/company/treyd)[Validio](https://millionrounds.com/company/validio)[Zealid](https://millionrounds.com/company/zealid)[news](https://millionrounds.com/company/verda) Camphouse Chaptertwomusic Circulatepack Deasylabs Dema Dropcode Getcounsel Getcure Inex Jeff-app Jimini Mvision Newshades Pistachioapp Spaak Sundaefoods Unify Volvetech

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.0M** the round, not its cheque Alone, median **$1.6M**

Led 0 of 33 rounds **0%**

- **Said size:** $100K – $2.0M
- **Sole investor:** 4 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Seed said *16*
- Pre-seed said *7*
- Series A said *7*
- Series B *2*
- Grant *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Antler](https://millionrounds.com/fund/antler) 7
- [ByFounders](https://millionrounds.com/fund/byfounders) 2
- [EISMEA](https://millionrounds.com/fund/eismea) 2
- [FJ Labs](https://millionrounds.com/fund/fj-labs) 2
- [Inventure](https://millionrounds.com/fund/inventure) 2
- [Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) 2

**Pitching J12 Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as J12 Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Antler** VC firm **7** rounds together](https://millionrounds.com/fund/antler)[**ByFounders** VC firm **2** rounds together](https://millionrounds.com/fund/byfounders)[**EISMEA** Investment firm **2** rounds together](https://millionrounds.com/fund/eismea)[**FJ Labs** VC firm **2** rounds together](https://millionrounds.com/fund/fj-labs)[**Inventure** VC firm **2** rounds together](https://millionrounds.com/fund/inventure)[**Luminar Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/luminar-ventures)[**Sting** VC firm **2** rounds together](https://millionrounds.com/fund/sting)[**Tesi** Government **2** rounds together](https://millionrounds.com/fund/tesi)[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator)

## Recently backed

The latest companies J12 Ventures put money into.

[**IPercept** $17M · Sept 2026](https://millionrounds.com/company/ipercept)[**Volve** $3.0M · Aug 2026](https://millionrounds.com/company/volve)[**Validio** $30M · Mar 2026](https://millionrounds.com/company/validio)[**Galdera Labs** $1.7M · Mar 2026](https://millionrounds.com/company/galdera-labs)[**Kovant** $1.7M · Nov 2025](https://millionrounds.com/company/kovant)[**Jimini AI** $5.0M · Aug 2025](https://millionrounds.com/company/jimini-ai)

## On podcasts

1 episode naming J12 Ventures in the title.

- [EU-Startups Podcast](https://millionrounds.com/podcasts/eu-startups) 4 Dec 2025 · 40 min Episode 147: Emmet King: Founding Partner at J12 Ventures – AI Bubble: Hype vs. Reality With [Emmet King](https://millionrounds.com/person/emmet-king) Mentions [J12 Ventures](https://millionrounds.com/fund/j12) Apple PodcastsShow page

## Quick answers about J12 Ventures

### What does J12 Ventures invest in?

J12 Ventures invests most often at Seed and Pre-seed (70% of the rounds on record), in sectors such as Recurring, IoT and Fashion.

### How active is J12 Ventures?

33 investments on record, 5 of them in the last 12 months. The most recent was in Sept 2026.

### What has J12 Ventures invested in recently?

Its most recent investments on record: IPercept (Series A, Sept 2026), Volve (Seed, Aug 2026) and Validio (Series A, Mar 2026).

### How big are J12 Ventures's cheques?

The median round it joins is $3.0M. It says it writes cheques of $100K to $2.0M.

### Does J12 Ventures lead rounds?

Rarely, if at all: none of its 33 investments on record names it as the lead.

### Where does J12 Ventures invest?

Most of the companies it backs are in Sweden (57%), Finland (10%) and Norway (7%).

### Is J12 Ventures investing now?

Yes: it is actively investing, with 5 investments in the last 12 months.

### Who does J12 Ventures invest alongside?

Most often Antler (7 rounds together), ByFounders (2 rounds together) and EISMEA (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=j12) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=j12)