Swedish Energy Agency Investments & Fund Profile

Overview

Government agency promoting sustainable energy development.

Founded

1998

Deals · 12mo

4

Links

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Stage focus

Grant

Geographic focus

Sweden

Sector focus

Energy

Government

Renewable Energy

Investment portfolio

12rounds

LedParticipated

NAME	DATE	SIZE
SkyKraft	May 2026Led	$24 MOther Equity
Stegra	Nov 2025Led	$41 MGrant
Liquid Wind	Oct 2025Led	$4 MGrant
Epishine	Oct 2025Led	$4 MOther Equity
Minesto	Feb 2024Led	$0.27 MGrant
AirForestry	Nov 2023Led	$3 MGrant
AirForestry	Oct 2020Participated	$14 MSeed
Watty	Jul 2016Participated	$2 MOther Equity
Sol Voltaics	May 2016Participated	$17 MSeries C
Watty	Jan 2015Participated	$1 MOther Equity
Sol Voltaics	Sep 2013Participated	$2 MOther Equity
Mantex	Jan 2011Participated	$3 MOther Equity
SkyKraft	May 2026Led	$24 MOther Equity
Stegra	Nov 2025Led	$41 MGrant
Liquid Wind	Oct 2025Led	$4 MGrant
Epishine	Oct 2025Led	$4 MOther Equity
Minesto	Feb 2024Led	$0.27 MGrant
AirForestry	Nov 2023Led	$3 MGrant
AirForestry	Oct 2020Participated	$14 MSeed
Watty	Jul 2016Participated	$2 MOther Equity
Sol Voltaics	May 2016Participated	$17 MSeries C
Watty	Jan 2015Participated	$1 MOther Equity
Sol Voltaics	Sep 2013Participated	$2 MOther Equity
Mantex	Jan 2011Participated	$3 MOther Equity

12 Items

12

Items

Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Swedish Energy Agency: 12 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	0	1
Series C+	0	1
Other Equity	2	4
Grant	4	0

Monthly Deal Activity

Swedish Energy Agency: 12 deals are recorded across 190 months. All available history
Month	Deals
Jan '11	1
Feb '11	0
Mar '11	0
Apr '11	0
May '11	0
Jun '11	0
Jul '11	0
Aug '11	0
Sep '11	0
Oct '11	0
Nov '11	0
Dec '11	0
Jan '12	0
Feb '12	0
Mar '12	0
Apr '12	0
May '12	0
Jun '12	0
Jul '12	0
Aug '12	0
Sep '12	0
Oct '12	0
Nov '12	0
Dec '12	0
Jan '13	0
Feb '13	0
Mar '13	0
Apr '13	0
May '13	0
Jun '13	0
Jul '13	0
Aug '13	0
Sep '13	1
Oct '13	0
Nov '13	0
Dec '13	0
Jan '14	0
Feb '14	0
Mar '14	0
Apr '14	0
May '14	0
Jun '14	0
Jul '14	0
Aug '14	0
Sep '14	0
Oct '14	0
Nov '14	0
Dec '14	0
Jan '15	1
Feb '15	0
Mar '15	0
Apr '15	0
May '15	0
Jun '15	0
Jul '15	0
Aug '15	0
Sep '15	0
Oct '15	0
Nov '15	0
Dec '15	0
Jan '16	0
Feb '16	0
Mar '16	0
Apr '16	0
May '16	1
Jun '16	0
Jul '16	1
Aug '16	0
Sep '16	0
Oct '16	0
Nov '16	0
Dec '16	0
Jan '17	0
Feb '17	0
Mar '17	0
Apr '17	0
May '17	0
Jun '17	0
Jul '17	0
Aug '17	0
Sep '17	0
Oct '17	0
Nov '17	0
Dec '17	0
Jan '18	0
Feb '18	0
Mar '18	0
Apr '18	0
May '18	0
Jun '18	0
Jul '18	0
Aug '18	0
Sep '18	0
Oct '18	0
Nov '18	0
Dec '18	0
Jan '19	0
Feb '19	0
Mar '19	0
Apr '19	0
May '19	0
Jun '19	0
Jul '19	0
Aug '19	0
Sep '19	0
Oct '19	0
Nov '19	0
Dec '19	0
Jan '20	0
Feb '20	0
Mar '20	0
Apr '20	0
May '20	0
Jun '20	0
Jul '20	0
Aug '20	0
Sep '20	0
Oct '20	1
Nov '20	0
Dec '20	0
Jan '21	0
Feb '21	0
Mar '21	0
Apr '21	0
May '21	0
Jun '21	0
Jul '21	0
Aug '21	0
Sep '21	0
Oct '21	0
Nov '21	0
Dec '21	0
Jan '22	0
Feb '22	0
Mar '22	0
Apr '22	0
May '22	0
Jun '22	0
Jul '22	0
Aug '22	0
Sep '22	0
Oct '22	0
Nov '22	0
Dec '22	0
Jan '23	0
Feb '23	0
Mar '23	0
Apr '23	0
May '23	0
Jun '23	0
Jul '23	0
Aug '23	0
Sep '23	0
Oct '23	0
Nov '23	1
Dec '23	0
Jan '24	0
Feb '24	1
Mar '24	0
Apr '24	0
May '24	0
Jun '24	0
Jul '24	0
Aug '24	0
Sep '24	0
Oct '24	0
Nov '24	0
Dec '24	0
Jan '25	0
Feb '25	0
Mar '25	0
Apr '25	0
May '25	0
Jun '25	0
Jul '25	0
Aug '25	0
Sep '25	0
Oct '25	2
Nov '25	1
Dec '25	0
Jan '26	0
Feb '26	0
Mar '26	0
Apr '26	0
May '26	1
Jun '26	0
Jul '26	0
Aug '26	0
Sep '26	0
Oct '26	0

Sector Breakdown

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Swedish Energy Agency: Clean Energy & Sustainability is the largest displayed sector by deal count (10 deals). All available history
Sector	Deals
Clean Energy & Sustainability	10
Space & Frontier Tech	3
Networks, Cloud & Communication	2
Hardware & Robotics	2
Enterprise Software	2
AI & Machine Learning	2
Food & Agriculture	2
Data, Analytics & IT	2

Deal Size Distribution

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Swedish Energy Agency: 12 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	8
$5M-$10M	0
$10M-$25M	3
$25M-$50M	1
$50M-$100M	0
$100M-$250M	0
$250M-$500M	0
$500M-$1B	0
$1B+	0

Deals By Geography

Top 1 of 1 regions; European countries are grouped as Europe.

Swedish Energy Agency: Europe has the largest recorded deal count among the displayed regions (12 deals). All available history
Region	Deals
Europe	12

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Swedish Energy Agency: 18 co-investors are shown, with Industrifonden sharing 2 recorded deals. All available history
Co-investor	Shared deals
Industrifonden	2
Nano Future Invest	2
Umoe	2
CapitalT	1
Cleantech Invest	1
Cleantech Invest SPV 3	1
Cloudbreak VC	1
European Union	1
FAM	1
Foundation Asset Management	1
Kiko Ventures	1
Northzone	1
Riyadh Valley Company	1
RWE Energy Transition Investments	1
SEB Greentech Venture Capital	1
STING Capital	1
Sveaskog	1
Walerud Ventures	1

Investment Strategy

Swedish Energy Agency: Led accounts for 50% and participating for 50% of round participation. All available history
Category	Deals (count)	Share (%)
Led	6	50%
Participating	6	50%

Swedish Energy Agency: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
Category	Deals (count)	Share (%)
Single-lead	6	100%
Co-led	0	0%

Team

Alexander Bigge Lidgren

Portfolio Manager

Team Member

Team Member

Director General