# Fintech investors in Sweden (2026 list)

> 11 fintech investors in Sweden, 73% active in the last 12 months. Led by Cherry Ventures, Fin Capital, Unusual Ventures. Ranked by what they funded.

Source: https://millionrounds.com/lists/fintech-investors-in-sweden (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Fintech investors in Sweden

Updated 7 November 2026

Firms observed backing a fintech company in Sweden in the last two years, wherever the firm is based.

[See all 11 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Ffintech-investors-in-sweden)The top 11

**11** investors on the list No change this week

**100** cheques in 12 months *+3%* against the market

**$14M** median round they joined *+77%* against the market median

**73%** wrote a cheque in 12 months

**64%** have led a round

## The Top 11

Ordered by cheques observed, never by anything anyone paid for

Deploying now (8)

- 1 [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures) *Deploying now* VC firm · Germany **179** **$13M** median round **Oct 2026** last seen
- 2 [Fin Capital](https://millionrounds.com/fund/fin-capital) *Deploying now* Private equity · United States **120** **$15M** median round **Sept 2026** last seen
- 3 [Unusual Ventures](https://millionrounds.com/fund/unusual-ventures) *Deploying now* VC firm · United States **92** **$10M** median round **Oct 2026** last seen
- 4 [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif) *Deploying now* VC firm · Luxembourg **44** **$5.2M** median round **Oct 2026** last seen
- 5 [Alliance VC](https://millionrounds.com/fund/alliance-vc) *Deploying now* VC firm · Norway **43** **$6.9M** median round **Sept 2026** last seen
- 6 [Alstin Capital](https://millionrounds.com/fund/alstin-capital) *Deploying now* VC firm · Germany **16** **$14M** median round **Oct 2026** last seen
- 7 [CNI](https://millionrounds.com/fund/cni) *Deploying now* Venture studio · Sweden **3** **$23M** median round **Oct 2026** last seen
- 8 [Incore](https://millionrounds.com/fund/incore) quiet Investment firm · Switzerland **1** **$23M** median round **Dec 2024** last seen
- 9 [Incore Invest](https://millionrounds.com/fund/incore-invest) quiet Growth equity · Sweden **1** **$23M** median round **Apr 2025** last seen
- 10 [VOR Capital LLP](https://millionrounds.com/fund/vor-capital-llp) quiet Investment firm · United Kingdom **1** **$23M** median round **Dec 2024** last seen
- 11 [Haval van Drumpt](https://millionrounds.com/fund/haval-van-drumpt) *Deploying now* VC firm **1** **$14M** median round **Feb 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **26** Oct **[PureTerra Ventures](https://millionrounds.com/company/pureterra-ventures)** Other · $33M *With* [European Investment Fund](https://millionrounds.com/fund/european-investment-fund-eif)
- **19** Oct **[Dream Labs](https://millionrounds.com/company/dream-labs)** Seed · $90M *With* [Unusual Ventures](https://millionrounds.com/fund/unusual-ventures)
- **15** Oct **[Rabot Energy](https://millionrounds.com/company/rabot-energy)** Series B · $50M *With* [CNI](https://millionrounds.com/fund/cni)
- **7** Oct **[Deepslate](https://millionrounds.com/company/deepslate)** Seed · $8.6M *With* [Alstin Capital](https://millionrounds.com/fund/alstin-capital)
- **5** Oct **[RobCo](https://millionrounds.com/company/robco)** Other *With* [Cherry Ventures](https://millionrounds.com/fund/cherry-ventures)
- **5** Oct **[Pandektes](https://millionrounds.com/company/pandektes)** Series A · $15M *Led by* [Alstin Capital](https://millionrounds.com/fund/alstin-capital)

## Stages This Year

94 rounds

- Series A **27%**
- Seed **18%**
- Series B **16%**
- Venture **15%**
- Pre-seed **7%**
- Other **17%**

## What They Backed

Sectors, last 12 months

- AI **47**
- Fintech **12**
- Big Data & Analytics **6**
- Financial Services **6**
- Web3 & Crypto **5**
- Enterprise Software **4**

## Cheques by Quarter

Led Joined

25 Q1 25

30 Q2 25

22 Q3 25

21 Q4 25

43 Q1 26

19 Q2 26

25 Q3 26

6 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in fintech and financial services

- Bank 4.0: Banking everywhere, never at a bank Brett King · 2018 4.07 from 622 ratings on Goodreads Fintech and financial services Company building About the book In the final book in the digital 'BANK'; series, Brett King tackles the topic of whether banks have a future at all in the emerging, technology embedded world of the 21st century. In 30-50 years when cash is gone, cards are gone and all vestiges of the traditional banking system… On AmazonListen on Audible
- Why Aren't They Shouting?: A Banker's Tale of Change, Computers and Perpetual Crisis Kevin Rodgers · 2016 4.26 from 222 ratings on Goodreads Fintech and financial services Company building About the book When Kevin Rodgers embarked on his career in finance, dealing rooms were seething with clamouring traders and gesticulating salesmen. Nearly three decades later, the feverish bustle has gone and the loudest noise you’re likely to hear is the gentle tapping of keyboards. Why… On AmazonListen on Audible
- The Innovation Stack: Building an Unbeatable Business One Crazy Idea at a Time [Jim McKelvey](https://millionrounds.com/person/jim-mckelvey) · 2020 4.22 from 1,839 ratings on Goodreads Fintech and financial services Innovation Company building About the book From the cofounder of Square, an inspiring and entertaining account of what it means to be a true entrepreneur and what it takes to build a resilient, world-changing company In 2009, a St. Louis glassblowing artist and recovering computer scientist named Jim McKelvey lost a… On AmazonListen on Audible
- Service Design: From Insight to Implementation Andy Polaine · 2013 4.05 from 605 ratings on Goodreads Fintech and financial services Company building About the book We have unsatisfactory experiences when we use banks, buses, health services and insurance companies. They don't make us feel happier or richer. Why are they not designed as well as the products we love to use such as an Apple iPod or a BMW? The 'developed' world has moved… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=fintech).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about fintech investors in Sweden

### Who are the most active fintech investors in Sweden?

By cheques observed, the most active are Cherry Ventures, Fin Capital, Unusual Ventures, European Investment Fund and Alliance VC.

### How many fintech investors in Sweden are there?

11 are on record. 73% made an investment in the last 12 months and 64% have led a round.

### Which stages do fintech investors in Sweden back?

Of the rounds with a named stage in the last 12 months, mostly Series A (33%) and Seed (23%).

### How big are the rounds fintech investors in Sweden join?

The typical (median) round among the leading investors here is $14M.

### Which sectors do fintech investors in Sweden back most?

In the last 12 months, mostly AI, Fintech and Big Data & Analytics.

### Which fintech investors in Sweden lead the most rounds?

Cherry Ventures (6 led), Alstin Capital (4 led) and Unusual Ventures (3 led).

### Where are fintech investors in Sweden based?

Among the most active, most are based in Germany (2), the United States (2) and Sweden (2).

### What have fintech investors in Sweden invested in recently?

Recent rounds include PureTerra Ventures (Other, Oct 2026, with European Investment Fund), Dream Labs (Seed, Oct 2026, with Unusual Ventures) and Rabot Energy (Series B, Oct 2026, with CNI).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
