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The Venture Codex

Trill Impact

Sveavägen 17, Stockholm, Stockholm County, 111 57, Sweden

Overview

Private equity firm focused on sustainable value creation.

Founded

2019

Deals · 12mo

4

Links

WebsiteLinkedIn

Stage focus

Series B

Geographic focus

Denmark
France
Germany
Indonesia
...

Sector focus

—

Investment portfolio

10rounds
NAMEDATESIZE
Open Cosmos
Sep 2026Participated
$348 MOther Equity
Viscaria
Jun 2026Participated
$178 MOther Equity
May Health
Mar 2026Participated
$12 MOther Equity
Rail-Flow
Dec 2025Led
$15 MSeries A
May Health
May 2024Led
$25 MSeries B
Minervax
Oct 2023Participated
$57 MOther Equity
Open Cosmos
Sep 2023Participated
$50 MSeries B
Tado
Jan 2023Led
$47 MOther Equity
Minervax
Dec 2022Led
$77 MDebt
Cinclus Pharma
May 2022Led
$24 MOther Equity
Open Cosmos
Sep 2026Participated
$348 MOther Equity
Viscaria
Jun 2026Participated
$178 MOther Equity
May Health
Mar 2026Participated
$12 MOther Equity
Rail-Flow
Dec 2025Led
$15 MSeries A
May Health
May 2024Led
$25 MSeries B
Minervax
Oct 2023Participated
$57 MOther Equity
Open Cosmos
Sep 2023Participated
$50 MSeries B
Tado
Jan 2023Led
$47 MOther Equity
Minervax
Dec 2022Led
$77 MDebt
Cinclus Pharma
May 2022Led
$24 MOther Equity
10
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Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Trill Impact: 10 funding rounds are recorded in the selected participation categories.All available history.
Trill Impact: 10 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A10
Series B11
Other Equity24
Debt10

Monthly Deal Activity

Trill Impact: 10 deals are recorded across 54 months.All available history.
Trill Impact: 10 deals are recorded across 54 months. All available history
MonthDeals
May '221
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '221
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '231
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '251
Jan '260
Feb '260
Mar '261
Apr '260
May '260
Jun '261
Jul '260
Aug '260
Sep '261
Oct '260

Sector Breakdown

Trill Impact: Health & Life Sciences is the largest displayed sector by deal count (5 deals).All available history.

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

Trill Impact: Health & Life Sciences is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Health & Life Sciences5
Networks, Cloud & Communication2
Hardware & Robotics2
Clean Energy & Sustainability2
Space & Frontier Tech2
Enterprise Software1
Real Estate & Construction1
Transportation & Logistics1

Deal Size Distribution

Trill Impact: 10 rounds have a disclosed size in the displayed size bands.All available history.

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

Trill Impact: 10 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M3
$25M-$50M2
$50M-$100M3
$100M-$250M1
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Trill Impact: Europe has the largest recorded deal count among the displayed regions (9 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Trill Impact: Europe has the largest recorded deal count among the displayed regions (9 deals). All available history
RegionDeals
Europe9
Indonesia1
Trill Impact: 20 co-investors are shown, with Adjuvant Capital sharing 2 recorded deals.All available history.

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.

Trill Impact: 20 co-investors are shown, with Adjuvant Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Adjuvant Capital2
Bpifrance2
Claret Capital Partners2
ETF Partners2
Industrifonden2
Pureos Bioventures2
Sanofi Ventures2
Sofinnova Partners2
Sunstone Life Science Ventures2
Wellington Partners2
A&G1
A&G Global Investors1
Accenture Ventures1
Avestria Ventures1
Banco Santander1
Bayern Kapital1
Bonsai Partners1
Climentum Capital1
Convex Group1
EIT InnoEnergy1

Investment Strategy

Trill Impact: Led accounts for 50% and participating for 50% of round participation.All available history.
Trill Impact: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led550%
Participating550%
Trill Impact: Single-lead accounts for 40% and co-led for 60% of lead dynamics.All available history.
Trill Impact: Single-lead accounts for 40% and co-led for 60% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead240%
Co-led360%

Team

Alex Domin
Andreas Hedlund

Partner, CFO and Head of Financing

Bita Sehat
Jan Stahlberg

Founder and Managing Partner

Viktor Andersson

Head of Microfinance