# LU Innovation: portfolio, investments and team

> LU Innovation is a government based in Sweden. 2 investments on record, latest Aug 2015. Portfolio, stages, co-investors and team.

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

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

# LU Innovation

Last cheque observed Aug 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Government

Series A Cloud Management Open Source Consulting

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 2 on record

Since the last cheque **4077** days **00** hrs **00** min **00** sec

Median round **$6.1M** Rounds led **0 of 2** Sole investor **1 rounds**

Pitch LU Innovation

## LU Innovation highlights

- 01 2 rounds on record
- 02 Mostly Series A: 100% of its rounds
- 03 Sole investor in 1 rounds, median undisclosed

## What they do

- **Type:** Government (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Cloud Management Open Source Consulting
- **Based in:** Lund, Sweden
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2015** 1 round
- **Aug** **[Mistbase](https://millionrounds.com/company/mistbase)** SE **Undisclosed** Sole investor
- **2006** 1 round
- **May** **[QuNano](https://millionrounds.com/company/qunano)** Series A · SE · qunano.com **$6.1M** 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.

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 8 we have independently watched raise

[Rapidus](https://millionrounds.com/company/rapidus) After Science Network Börskollen Dagens Industri EE Times Europe Elektroniktidningen Sydsvenskan Till Lunds universitet

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

Series A

Median round joined **$6.1M** the round, not its cheque Alone, median **-**

Led 0 of 2 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Aug 2015

Rounds by stage said on their site

- Series A *1*

Cheques by year Led Joined

2006 2015

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## Quick answers about LU Innovation

### What does LU Innovation invest in?

LU Innovation invests most often at Series A (100% of the rounds on record), in sectors such as Cloud Management, Open Source and Consulting.

### How active is LU Innovation?

2 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2015.

### How big are LU Innovation's cheques?

The median round it joins is $6.1M.

### Is LU Innovation investing now?

No investments in the last 12 months; the latest was in Aug 2015.

### What kind of investor is LU Innovation?

LU Innovation is a government based in Lund, Sweden.

### When was LU Innovation founded?

LU Innovation was founded in 1999.

### Where does this information on LU Innovation come from?

From 1 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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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=lu-innovation) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=lu-innovation)
