# Investors based in Gothenburg (2026 list)

> 81 investors based in Gothenburg, 2% active in the last 12 months. Led by Volvo Group Venture Capital, Karolinska, Encubator. Ranked by what they funded.

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

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

# Investors based in Gothenburg

Updated 7 November 2026

Firms with an address in Gothenburg. A head office is a fact about the firm; where it invests is on its own page.

[See all 81 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-gothenburg)The top 25

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

**2** cheques in 12 months Too few cheques to tell

**$8M** median round they joined *+0%* against the market median

**2%** wrote a cheque in 12 months

**2%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (2)

- 1 [Volvo Group Venture Capital](https://millionrounds.com/fund/volvo-group-venture-capital) *Deploying now* Corporate VC · Sweden **14** **$1B** median round **Jan 2026** last seen
- 2 [Karolinska](https://millionrounds.com/fund/karolinska-development) quiet VC firm · Sweden **4** **$11M** median round **Nov 2015** last seen
- 3 [Encubator](https://millionrounds.com/fund/encubator) quiet Venture studio · Sweden **2** **$3.7M** median round **Jan 2019** last seen
- 4 [TRINE](https://millionrounds.com/fund/trine) quiet VC firm · Sweden **2** **$6.5M** median round **Jun 2024** last seen
- 5 [GU Ventures](https://millionrounds.com/fund/gu-ventures) *Deploying now* VC firm · Sweden **1** **$5.5M** median round **Oct 2026** last seen
- 6 [Molnlycke Health Care](https://millionrounds.com/fund/molnlycke-health-care) quiet Corporate VC · Sweden **1** **$9.5M** median round **Jan 2025** last seen
- 7 [8+ Ventures](https://millionrounds.com/fund/8-ventures) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 8 [AB Chalmers Studentkårs Företagsgrupp](https://millionrounds.com/fund/ab-chalmers-studentkars-foretagsgrupp) unknown Investment firm · Sweden **none observed** **-** median round **-** last seen
- 9 [AB Welding Invest](https://millionrounds.com/fund/ab-welding-invest) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 10 [AO Capital AB](https://millionrounds.com/fund/ao-capital-ab) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 11 [AP2 – Second Swedish National Pension Fund](https://millionrounds.com/fund/ap2-second-swedish-national-pension-fund) unknown Institutional LP · Sweden **none observed** **-** median round **-** last seen
- 12 [Aktiebolaget Erik Rosenberg](https://millionrounds.com/fund/aktiebolaget-erik-rosenberg) unknown Investment firm · Sweden **none observed** **-** median round **-** last seen
- 13 [Ampco](https://millionrounds.com/fund/ampco) unknown Growth equity · Sweden **none observed** **-** median round **-** last seen
- 14 [Avanor](https://millionrounds.com/fund/avanor) unknown Investment firm · Sweden **none observed** **-** median round **-** last seen
- 15 [Axilium Holding AB](https://millionrounds.com/fund/axilium-holding-ab) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 16 [BVJ Group](https://millionrounds.com/fund/bvj-group) unknown Family office · Sweden **none observed** **-** median round **-** last seen
- 17 [Björk Ventures](https://millionrounds.com/fund/bjork-ventures) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 18 [Blackheat Equity](https://millionrounds.com/fund/blackheat-equity) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 19 [Blomdahl & Bromandi](https://millionrounds.com/fund/blomdahl-and-bromandi) unknown Investment firm · Sweden **none observed** **-** median round **-** last seen
- 20 [CBC Investment Group](https://millionrounds.com/fund/cbc-investment-group-ab) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 21 [Colibri Ventures](https://millionrounds.com/fund/colibri-ventures) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 22 [Cornova-Ventures AB](https://millionrounds.com/fund/cornova-ventures-ab) unknown VC firm · Sweden **none observed** **-** median round **-** last seen
- 23 [Daya Ventures](https://millionrounds.com/fund/daya-ventures) unknown Venture studio · Sweden **none observed** **-** median round **-** last seen
- 24 [Devotion Ventures](https://millionrounds.com/fund/devotion-ventures) unknown Venture studio · Sweden **none observed** **-** median round **-** last seen
- 25 [FoF](https://millionrounds.com/fund/fof-family-office) unknown Family office · Sweden **none observed** **-** median round **-** last seen

**56 more on this list**

All 81 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-based-in-gothenburg)

## The Newest Cheques

Rounds this list's investors joined most recently

- **14** Oct **[OlsAro](https://millionrounds.com/company/olsaro)** Seed · $5.5M *With* [GU Ventures](https://millionrounds.com/fund/gu-ventures)
- **28** Jan **[Waabi](https://millionrounds.com/company/waabi)** Series C · $1B *With* [Volvo Group Venture Capital](https://millionrounds.com/fund/volvo-group-venture-capital)
- **8** Jan **[Siren](https://millionrounds.com/company/siren)** Other · $9.5M *Led by* [Molnlycke Health Care](https://millionrounds.com/fund/molnlycke-health-care)
- **20** Jun **[Stride](https://millionrounds.com/company/stride)** Debt · $3M *Led by* [TRINE](https://millionrounds.com/fund/trine)
- **22** Jul **[Altech](https://millionrounds.com/company/altech)** Series A · $10M *With* [TRINE](https://millionrounds.com/fund/trine)
- **14** Jan **[Winningtemp](https://millionrounds.com/company/winningtemp)** Other · $3.7M *With* [Encubator](https://millionrounds.com/fund/encubator)

## Stages This Year

2 rounds

- Seed **50%**
- Series C **50%**

## What They Backed

Sectors, last 12 months

- AI **2**
- Agtech **1**
- Automotive & EVs **1**
- Deeptech **1**
- Logistics **1**

## Cheques by Quarter

Led Joined

1 Q1 25

Q2 25

Q3 25

Q4 25

1 Q1 26

Q2 26

Q3 26

1 Q4 26

The last bar is the quarter still running.

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

## Quick answers about investors based in Gothenburg

### Who are the most active investors based in Gothenburg?

By cheques observed, the most active are Volvo Group Venture Capital, Karolinska, Encubator, TRINE and GU Ventures.

### How many investors based in Gothenburg are there?

81 are on record. 2% made an investment in the last 12 months and 2% have led a round.

### Which stages do investors based in Gothenburg back?

Of the rounds with a named stage in the last 12 months, mostly Seed (50%) and Series C (50%).

### How big are the rounds investors based in Gothenburg join?

The typical (median) round among the leading investors here is $9.5M.

### Which sectors do investors based in Gothenburg back most?

In the last 12 months, mostly AI, Agtech and Automotive & EVs.

### Which investors based in Gothenburg lead the most rounds?

TRINE (1 led) and Molnlycke Health Care (1 led).

### What have investors based in Gothenburg invested in recently?

Recent rounds include OlsAro (Seed, Oct 2026, with GU Ventures), Waabi (Series C, Jan 2026, with Volvo Group Venture Capital) and Siren (Other, Jan 2025, with Molnlycke Health Care).

### How is this list of investors based in Gothenburg ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

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