# Lead investors in Sweden (2026 list) > 52 lead investors in Sweden, 85% active in the last 12 months. Led by Andreessen Horowitz, Accel, Lightspeed Venture Partners. Ranked by what they funded. Source: https://millionrounds.com/lists/lead-investors-in-sweden (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Lead investors in Sweden Updated 7 November 2026 Firms we have watched lead a round raised by a company in Sweden in the last two years, wherever the firm is based. [See all 52 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Flead-investors-in-sweden)The top 25 **52** investors on the list *+5* this week **1,159** cheques in 12 months *+20%* against the market **$15M** median round they joined *+83%* against the market median **85%** wrote a cheque in 12 months **100%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (24) - 1 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen - 2 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen - 3 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen - 4 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen - 5 [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) *Deploying now* VC firm · United States **740** **$37M** median round **Oct 2026** last seen - 6 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen - 7 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen - 8 [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) *Deploying now* VC firm · Germany **184** **$8.6M** median round **Nov 2026** last seen - 9 [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) *Deploying now* VC firm · Sweden **152** **$20M** median round **Oct 2026** last seen - 10 [Industrifonden](https://millionrounds.com/fund/industrifonden) *Deploying now* VC firm · Sweden **140** **$5.8M** median round **Oct 2026** last seen - 11 [Passion Capital](https://millionrounds.com/fund/passion-capital) *Deploying now* VC firm · United Kingdom **116** **$6.5M** median round **Nov 2026** last seen - 12 [HOF Capital](https://millionrounds.com/fund/hof-capital) *Deploying now* VC firm · United States **101** **$15M** median round **Nov 2026** last seen - 13 [Baird Capital](https://millionrounds.com/fund/baird-capital) quiet Wealth manager · United States **78** **$25M** median round **Sept 2025** last seen - 14 [ByFounders](https://millionrounds.com/fund/byfounders) *Deploying now* VC firm · Denmark **71** **$3.6M** median round **Sept 2026** last seen - 15 [KKR](https://millionrounds.com/fund/kkr) *Deploying now* VC firm · United States **57** **$120M** median round **Aug 2026** last seen - 16 [CapitalG](https://millionrounds.com/fund/capitalg) *Deploying now* Corporate VC · Canada **51** **$213M** median round **Oct 2026** last seen - 17 [Spintop Ventures](https://millionrounds.com/fund/spintop-ventures) *Deploying now* VC firm · Sweden **50** **$2.6M** median round **Oct 2026** last seen - 18 [Voima Ventures](https://millionrounds.com/fund/voima-ventures) *Deploying now* VC firm · Finland **47** **$4M** median round **Oct 2026** last seen - 19 [Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) *Deploying now* VC firm · Sweden **40** **$3.5M** median round **Sept 2026** last seen - 20 [Verdane](https://millionrounds.com/fund/verdane) *Deploying now* Private equity · Norway **36** **$19M** median round **Oct 2026** last seen - 21 [Plural](https://millionrounds.com/fund/plural) *Deploying now* VC firm · United Kingdom **27** **$43M** median round **Nov 2026** last seen - 22 [Atreides Management](https://millionrounds.com/fund/atreides-management) *Deploying now* VC firm · United States **25** **$400M** median round **Oct 2026** last seen - 23 [Alstin Capital](https://millionrounds.com/fund/alstin-capital) *Deploying now* VC firm · Germany **16** **$14M** median round **Oct 2026** last seen - 24 [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) *Deploying now* VC firm · Netherlands **16** **$17M** median round **Sept 2026** last seen - 25 [Scaleup Europe Fund](https://millionrounds.com/fund/scaleup-europe-fund) *Deploying now* Growth equity · United States **8** **$425M** median round **Oct 2026** last seen **27 more on this list** All 52 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%2Flead-investors-in-sweden) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[MucoLife Therapeutics](https://millionrounds.com/company/mucolife-therapeutics)** Grant · $102K *Led by* [Vinnova](https://millionrounds.com/fund/vinnova) - **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel) - **5** Nov **[Saidot](https://millionrounds.com/company/saidot)** Round *Led by* [BackingMinds](https://millionrounds.com/fund/backingminds) - **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **5** Nov **[Green Voltis](https://millionrounds.com/company/green-voltis)** Series A · $15M *Led by* [Lochpine Capital](https://millionrounds.com/fund/lochpine-capital) - **4** Nov **[Juritas](https://millionrounds.com/company/juritas)** Pre-seed · $1.6M *Led by* [Passion Capital](https://millionrounds.com/fund/passion-capital) ## Stages This Year 990 rounds - Series A **19%** - Seed **17%** - Series B **13%** - Venture **11%** - Series C **8%** - Other **32%** ## What They Backed Sectors, last 12 months - AI **543** - Fintech **76** - Big Data & Analytics **71** - Cybersecurity **62** - Healthcare **59** - Construction **57** ## Cheques by Quarter Led Joined 223 Q1 25 243 Q2 25 287 Q3 25 304 Q4 25 313 Q1 26 301 Q2 26 312 Q3 26 116 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI lead investors 1,723](https://millionrounds.com/lists/ai-lead-investors) - [Lead investors in United States 1,370](https://millionrounds.com/lists/lead-investors-in-united-states) - [Seed lead investors 1,091](https://millionrounds.com/lists/seed-lead-investors) - [Series A lead investors 920](https://millionrounds.com/lists/series-a-lead-investors) - [Fintech lead investors 763](https://millionrounds.com/lists/fintech-lead-investors) - [Series B lead investors 579](https://millionrounds.com/lists/series-b-lead-investors) - [Growth lead investors 555](https://millionrounds.com/lists/growth-lead-investors) - [Robotics lead investors 397](https://millionrounds.com/lists/robotics-lead-investors) - [Pre-seed lead investors 396](https://millionrounds.com/lists/pre-seed-lead-investors) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about lead investors in Sweden ### Who are the most active lead investors in Sweden? By cheques observed, the most active are Andreessen Horowitz, Accel, Lightspeed Venture Partners, Bessemer Venture Partners and Menlo Ventures. ### How many lead investors in Sweden are there? 52 are on record. 85% made an investment in the last 12 months and 100% have led a round. ### Which stages do lead investors in Sweden back? Of the rounds with a named stage in the last 12 months, mostly Series A (25%) and Seed (21%). ### How big are the rounds lead investors in Sweden join? The typical (median) round among the leading investors here is $19M. ### Which sectors do lead investors in Sweden back most? In the last 12 months, mostly AI, Fintech and Big Data & Analytics. ### Which lead investors in Sweden lead the most rounds? Andreessen Horowitz (114 led), Accel (103 led) and Lightspeed Venture Partners (83 led). ### Where are lead investors in Sweden based? Among the most active, most are based in the United States (10), Sweden (5) and the United Kingdom (3). ### What have lead investors in Sweden invested in recently? Recent rounds include MucoLife Therapeutics (Grant, Nov 2026, with Vinnova), Thinking Machines Lab (Other, Nov 2026, with Accel) and Saidot (Nov 2026, with BackingMinds). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)