The Venture Codex Logo

The Venture Codex

Vinnova

Mäster Samuelsgatan 56, Stockholm, Stockholms Lan, SE-101 58, Sweden

Overview

Government agency funding innovation projects for sustainable growth.

Founded

2001

Deals · 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Grant

Geographic focus

Norway
Sweden

Sector focus

Communities
Finance
Financial Services
Government
...

Investment portfolio

8rounds
NAMEDATESIZE
Aventix
Sep 2026Participated
$1 MSeed
AirForestry
Jul 2026Participated
$7 MOther Equity
IPercept
Jun 2026Led
$0.11 MGrant
IPercept
Jan 2026Led
$0.02 MGrant
IPercept
May 2023Led
$0.34 MGrant
Wastefront
Nov 2022Participated
$2 MGrant
IPercept
Jun 2021Led
$0.09 MGrant
IPercept
Jun 2020Led
$0.03 MGrant
Aventix
Sep 2026Participated
$1 MSeed
AirForestry
Jul 2026Participated
$7 MOther Equity
IPercept
Jun 2026Led
$0.11 MGrant
IPercept
Jan 2026Led
$0.02 MGrant
IPercept
May 2023Led
$0.34 MGrant
Wastefront
Nov 2022Participated
$2 MGrant
IPercept
Jun 2021Led
$0.09 MGrant
IPercept
Jun 2020Led
$0.03 MGrant
8
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Vinnova: 8 funding rounds are recorded in the selected participation categories.All available history.
Vinnova: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed01
Other Equity01
Grant51

Monthly Deal Activity

Vinnova: 8 deals are recorded across 77 months.All available history.
Vinnova: 8 deals are recorded across 77 months. All available history
MonthDeals
Jun '201
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '221
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '231
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
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 '250
Jan '261
Feb '260
Mar '260
Apr '260
May '260
Jun '261
Jul '261
Aug '260
Sep '261
Oct '260

Sector Breakdown

Vinnova: Networks, Cloud & Communication 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.

Vinnova: Networks, Cloud & Communication is the largest displayed sector by deal count (5 deals). All available history
SectorDeals
Networks, Cloud & Communication5
Enterprise Software5
Manufacturing5
Space & Frontier Tech5
Hardware & Robotics2
Clean Energy & Sustainability2
Food & Agriculture1

Deal Size Distribution

Vinnova: 8 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.

Vinnova: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M7
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Vinnova: Europe has the largest recorded deal count among the displayed regions (8 deals).All available history.

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

Vinnova: Europe has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
Europe8
Vinnova: 13 co-investors are shown, with Eurostars sharing 1 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.

Vinnova: 13 co-investors are shown, with Eurostars sharing 1 recorded deals. All available history
Co-investorShared deals
Eurostars1
GU Ventures1
Holmen Skog1
Kost Capital1
Research Council of Norway1
SCA1
Skogforsk1
SLU - Sveriges lantbruksuniversitet1
Stora Enso1
Sveaskog1
Tele21
Västra Götalandsregionen1
Voima Ventures1

Investment Strategy

Vinnova: Led accounts for 63% and participating for 38% of round participation.All available history.
Vinnova: Led accounts for 63% and participating for 38% of round participation. All available history
CategoryDeals (count)Share (%)
Led563%
Participating338%
Vinnova: Single-lead accounts for 100% and co-led for 0% of lead dynamics.All available history.
Vinnova: Single-lead accounts for 100% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead5100%
Co-led00%

Team

Andreas Aurelius

Head of ICT department

Dan Hill

Director of Strategic Design

Darja Isaksson

Director General

Jenny Elfsberg

Head of innovation management Division

Laurent Saunier

Head of Precision Health

Maria Landgren

Chief Strategy Officer

Peter Eriksson

Head of Operational Development Department

Sofi Elfving

Expert assessor AI