# Manufacturing investors in Sweden (2026 list)

> 18 manufacturing investors in Sweden, 94% active in the last 12 months. Led by Global Brain Corporation, Almi Invest, Industrifonden.

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

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

# Manufacturing investors in Sweden

Updated 7 November 2026

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

[See all 18 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmanufacturing-investors-in-sweden)The top 18

**18** investors on the list *-1* this week

**172** cheques in 12 months *-13%* against the market

**$4.7M** median round they joined *-42%* against the market median

**94%** wrote a cheque in 12 months

**50%** have led a round

## The Top 18

Ordered by cheques observed, never by anything anyone paid for

Deploying now (17)

- 1 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 2 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen
- 3 [Industrifonden](https://millionrounds.com/fund/industrifonden) *Deploying now* VC firm · Sweden **140** **$5.8M** median round **Oct 2026** last seen
- 4 [Chalmers Ventures AB](https://millionrounds.com/fund/chalmers-ventures-ab) *Deploying now* VC firm **67** **$848K** median round **Sept 2026** last seen
- 5 [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital) *Deploying now* VC firm · Finland **40** **$1.1M** median round **Nov 2026** last seen
- 6 [Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) *Deploying now* VC firm · Sweden **40** **$3.5M** median round **Sept 2026** last seen
- 7 [J12 Ventures](https://millionrounds.com/fund/j12) *Deploying now* VC firm · Sweden **33** **$3M** median round **Sept 2026** last seen
- 8 [forward.one](https://millionrounds.com/fund/forward-one) *Deploying now* VC firm · Netherlands **8** **$16M** median round **Sept 2026** last seen
- 9 [Navigare Ventures](https://millionrounds.com/fund/navigare-ventures) *Deploying now* VC firm · Sweden **7** **$9.8M** median round **Sept 2026** last seen
- 10 [Ingka Group](https://millionrounds.com/fund/ingka-group) quiet Corporate VC · Netherlands **4** **$12M** median round **Feb 2025** last seen
- 11 [Isogon Ventures](https://millionrounds.com/fund/isogon-ventures) *Deploying now* VC firm · United States **1** **$17M** median round **Sept 2026** last seen
- 12 [RunwayFBU](https://millionrounds.com/fund/runwayfbu) *Deploying now* VC firm · Norway **1** **$17M** median round **Sept 2026** last seen
- 13 [STOAF](https://millionrounds.com/fund/stoaf) *Deploying now* VC firm · Sweden **1** **$16M** median round **Nov 2025** last seen
- 14 [ai.fund](https://millionrounds.com/fund/ai-fund-3) *Deploying now* VC firm · Germany **1** **$17M** median round **Sept 2026** last seen
- 15 [Matthias Dantone](https://millionrounds.com/fund/matthias-dantone) *Deploying now* Angel **1** **$644K** median round **Oct 2026** last seen
- 16 [Sam Baker](https://millionrounds.com/fund/sam-baker) *Deploying now* Angel **1** **$644K** median round **Oct 2026** last seen
- 17 [Sophia Bendz](https://millionrounds.com/fund/sophia-bendz) *Deploying now* VC firm · Sweden **1** **$644K** median round **Oct 2026** last seen
- 18 [Ted Persson](https://millionrounds.com/fund/ted-persson) *Deploying now* Angel **1** **$644K** median round **Oct 2026** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *Led by* [Almi Invest](https://millionrounds.com/fund/almi-invest)
- **16** Oct **[Stand](https://millionrounds.com/company/stand)** Series C · $70M *Led by* [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital)
- **15** Oct **[120ft Factory AB](https://millionrounds.com/company/120ft-factory-ab)** Seed · $644K *With* [Ted Persson](https://millionrounds.com/fund/ted-persson)
- **14** Oct **[OlsAro](https://millionrounds.com/company/olsaro)** Seed · $5.5M *Led by* [Industrifonden](https://millionrounds.com/fund/industrifonden)
- **6** Oct **[Comparables.ai](https://millionrounds.com/company/comparables-ai)** Seed · $6M *With* [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital)
- **1** Oct **[AnaCardio](https://millionrounds.com/company/anacardio)** Series B · $71M *With* [Industrifonden](https://millionrounds.com/fund/industrifonden)

## Stages This Year

147 rounds

- Venture **27%**
- Seed **17%**
- Series A **12%**
- Series B **10%**
- Grant **7%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **30**
- Biotech **16**
- Healthcare **9**
- Cleantech **8**
- Energy **8**
- IT Services **7**

## Cheques by Quarter

Led Joined

52 Q1 25

55 Q2 25

49 Q3 25

56 Q4 25

39 Q1 26

48 Q2 26

55 Q3 26

10 Q4 26

The last bar is the quarter still running.

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

## Reading for founders in industrial and manufacturing

- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Industrial and manufacturing About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Industrial and manufacturing Company building About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- PRODUCT DESIGN+DEVELOPMENT >IN Karl T. Ulrich · 1994 4.00 from 482 ratings on Goodreads Industrial and manufacturing Company building About the book This book presents a set of product development techniques aimed at bringing together the marketing, design, and manufacturing functions of the enterprise. It treats issues such as identifying customer needs, design for manufacturing, prototyping, and industrial design. On AmazonListen on Audible
- The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention William Rosen · 2010 3.93 from 1,401 ratings on Goodreads Industrial and manufacturing Innovation Company building About the book If all measures of human advancement in the last hundred centuries were plotted on a graph, they would show an almost perfectly flat line, until the eighteenth century, when the Industrial Revolution would cause the line to shoot straight up, beginning an almost uninterrupted… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about manufacturing investors in Sweden

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

By cheques observed, the most active are Global Brain Corporation, Almi Invest, Industrifonden, Chalmers Ventures AB and Gorilla Capital.

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

18 are on record. 94% made an investment in the last 12 months and 50% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (19%).

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

The typical (median) round among the leading investors here is $5.8M.

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

In the last 12 months, mostly AI, Biotech and Healthcare.

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

Industrifonden (7 led), Navigare Ventures (5 led) and Global Brain Corporation (2 led).

### Where are manufacturing investors in Sweden based?

Among the most active, most are based in Sweden (7), the Netherlands (2) and Japan (1).

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

Recent rounds include Sortrace (Seed, Nov 2026, with Almi Invest), Stand (Series C, Oct 2026, with Gorilla Capital) and 120ft Factory AB (Seed, Oct 2026, with Ted Persson).

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