Nineyards Equity
Norrlandsgatan 10, Stockholm, Stockholms Lan, 111 43, Sweden
Overview
Nineyards Equity invests in entrepreneurs and game-changing companies looking to scale, and we support them the whole nine yards.
- Total investments
- 10
- Lead investments
- 2
- Investments · 12mo
- 1
- Active investors
- 2
Investment portfolio
- Yuv
Led · Series A · Dec 2025
yuv develops the yuv Lab, a compact, patented hardware device that dispenses custom hair-colour formulations through refillable aluminium cartridges. The system pairs AI-enabled software with Swiss-developed colour formulas to deliver precise, bespoke mixes while reducing single-use packaging waste. Targeting both full-service salons and freelance colourists, yuv’s subscription model aims to cut costs, streamline workflows, and expand creative options for professionals. Data gathered through the connected platform informs continual optimisation of formulations and inventory management. By replacing traditional single-use tubes, the company positions itself at the intersection of sustainability and performance within the $10B+ global professional hair-colour market. With fresh capital, yuv plans to deepen its UK presence and launch in the US in 2026. No operating metrics such as revenue or user count were disclosed in the article.
- VOI
Participated · Equity · Mar 2024
Voi Technology AB operates a shared e-scooter and e-bike service with over 110,000 vehicles across 12 countries. The company, founded in 2018, focuses on data-driven automation and cost-effective operations to improve vehicle gross profit margins. In 2024 Voi introduced its seventh-generation e-scooter and third-generation e-bike, aiming to deliver better energy efficiency, durability, and rider experience. Management has cut the central cost base by nearly 50% since mid-2022 and says it has met profitability targets. 2024 is expected to be a record year for rides and revenues, supporting plans to scale the next-generation fleet. Voi emphasizes partnerships with cities and communities as part of its strategy to integrate micromobility into urban transport networks. Voi operates shared e-scooter and e-bike fleets across Europe, serving consumers and city partners. In 2023 the company logged over 68 million rides and reported revenue growth of nearly 50% over the past two years; gross profit has more than doubled while overhead costs were reduced by almost 50%. Voi achieved its first quarter of positive EBIT at the group level and is focused on reaching full profitability and positive cash flow. With new equity and debt financing, Voi plans to scale its fleet, deploying 3rd-generation e-bikes and 7th-generation e-scooters in spring 2024 and expanding in existing and new markets. The company also intends to intensify sustainability efforts, improve environmental impact, work with cities to increase sustainable mobility options, and maintain safety and leading workplace practices. The conversion of prior convertible notes and the new financing are presented as strengthening Voi's financial position for further growth. Voi operates a shared micromobility platform providing e-scooters and e-bikes across more than 70 cities in 12 countries. The company partners with cities to deliver low-carbon, first- and last-mile transport and has a stated ambition to remove 1 billion car trips from Europe’s roads by 2030. Voi plans to expand into new European markets, add more e-bikes to its fleet, and launch the Voiager 5 e-scooter model in the spring as part of a Vision Zero safety commitment. It intends to have fully electric operational vehicles by early 2023 and to source only European-produced battery cells by 2023 to cut carbon footprint. Voi reported 140% year-over-year revenue growth in 2021, reached 90M+ rides since inception, and claims more than six million users. The company became operationally profitable company-wide in summer 2020 and employs about 1,000 people. Voi operates a micromobility platform offering e-scooters and e-bikes across Europe. It is now the largest micromobility operator in Europe by rides and scooter licenses, serving about 2 million rides per week and holding more than 40% of licensed markets. The company has introduced a computer-vision solution intended to keep riders off pavements and is focusing on parking and safety innovations. The new funding is earmarked for further R&D in e-scooter parking and safety solutions and to deploy more of Voi’s e-bike fleet. CEO and co-founder Fredrik Hjelm said the company will continue to advocate for changes to create more liveable cities. Financially, Voi has raised just over $400 million to date. Voi operates shared electric scooters and e-bikes, providing micromobility services across major European cities. The company focuses on hardware and software integration, safety improvements and fleet efficiency, including swappable batteries and renewable-energy operations. Voi plans to expand its fleet and geographic footprint, roll out its Voiager 4 scooter to more cities, and invest in platform and safety features such as helmet technology, improved lights, location accuracy, brakes, signalling and suspension. The business says it wins over two-thirds of city license tenders and leads in fleet efficiency across markets including Berlin, Oslo and Stockholm, with recent city wins in Birmingham, Liverpool, Bern and Cambridge. Financially, Voi raised more than €132 million in a Series C and secured the industry’s first scaled asset-backed debt facility to finance scooter and e-bike investment in 2021; total funding over the last four months is over €157 million.
- VOI Technology
Participated · Equity · Mar 2024
Founded in 2018 by Fredrik Hjelm, Adam Jafer, Douglas Stark and Filip Lindvall, Voi Technology runs a shared e-scooter and e-bike service aimed at replacing short urban car trips. Its platform integrates with public transit to reduce congestion and pollution, supporting cities’ net-zero goals. The company has focused heavily on improving unit economics, achieving a significant increase in vehicle gross profit margin after cutting central costs by nearly 50% since mid-2022 and deploying seventh-generation e-scooters and third-generation e-bikes. Voi lost its unicorn status in 2023 but regained a $1 billion valuation in 2024. According to Dealroom, it has raised $491 million to date, including a $25 million mix of equity and debt earlier this year. The latest financing gives the company capital to scale a next-generation fleet in 2025, refinance existing debt and fund general corporate needs.
- Treyd
Led · Series A · Sep 2023
Treyd is a buy-now-pay-later service for supplier invoices that pays suppliers on behalf of customers, who repay Treyd up to four months later. The company is a regulated payment institution with the Swedish Financial Supervisory Authority (Finansinspektionen). Since its March 2022 Series A, Treyd has expanded into the UK and throughout the Nordics and has financed $149M of purchases for SMEs in Northern Europe. Treyd intends to use the new funds to grow in existing markets and to invest in its core product offering. The company was founded by Peter Beckman and Sameh El-Ansary and is headquartered in Stockholm, Sweden.
- Instabox
Participated · Equity · Apr 2022
Instabox builds technology-enabled parcel delivery services focused on fast, more sustainable, and efficient e-commerce shipping using locker and home delivery options. The company is internationally expanding and emphasizes flexibility and availability for customers through its combined locker and home-delivery model. Instabox delivers more than 3 million packages per month across Sweden, Norway, Denmark, the Netherlands and recently launched in Germany. Over the past year it has acquired market leaders in same-day deliveries in Norway and the Netherlands, supporting its expansion. Instabox was recently ranked the third fastest-growing tech company in Europe by the Financial Times, and the company cites high growth and strong customer influx in Sweden and internationally. Ownership includes founders and staff alongside investors such as Creades, EQT Ventures, Tham Special Investment, and Verdane. Instabox operates an automated parcel locker network that provides lightning-quick, fossil fuel-free last-mile delivery. The company plans to use the new capital to invest in sustainable solutions, refine its technology stack, and accelerate European expansion. Instabox recently acquired Norwegian logistics firm Porterbuddy, with Porterbuddy’s majority shareholders Verdane and Canica reinvesting their proceeds and becoming significant shareholders. The business has signaled continued geographic growth after a Dutch market entry and a $90 million Series B last year. Instabox now holds a unicorn valuation and reports having raised approximately $327 million to date, including the latest round. Instabox operates a smart locker network and technology platform that enables e-commerce deliveries with a maximum of six hours between merchant and consumer. Its platform provides real-time, end-to-end tracking of all deliveries, allowing optimization at each step. The service has been used by millions of Swedes and the company operates more than 1,000 automated parcel machines across Sweden, Denmark and Norway. Merchant customers include H&M, Ikea, Apotea and Boozt. Instabox plans to use new funding to further invest in technology to enhance the value chain for customers and merchants and to expand outside Sweden. The company was founded in 2015 by Alexis Priftis, Staffan Gabrielsson and Johan Lundin. Instabox operates a network of last‑mile smart delivery lockers offering same‑day delivery for e‑commerce retailers. The service reaches about six million Swedes and delivers for merchants including H&M, Ikea, and Lloyds. The company says its growth has more than tripled each year over the last few years. Financially, Instabox’s valuation was boosted to €100 million after the latest financing. Management plans to use the new funds to expand the locker footprint dramatically and to enter additional markets outside Sweden. Co‑founder and CEO Alexis Priftis outlined a target increase in parcel lockers from roughly 400 to between 2,000–3,000.