Fundraising FoxAggregate Media
Venture capitalSeed–Growth · 1 people tracked
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Investment thesis
Aggregate Media pioneered media-for-equity investing, supplying media space as growth capital rather than cash. Because marketing is one of the largest cost items for scaling companies, the firm lets portfolio companies pay for media with equity, freeing capital for other priorities while enabling aggressive marketing. Backed as a part-owned venture of some of the Nordics' largest media houses, it offers access to magazines, daily press, display, podcasts, online video, and outdoor advertising, paired with active advisory and campaign follow-up. It targets early-stage B2C and B2B growth companies focused on SMEs that want to grow in the Nordics and build strong brands. It typically takes minority stakes with flexible instruments and no fixed holding periods.
Source: firm website, verified Sep 27, 2026.
Team · 1 people
from public directoriesWhat they invest in
from 15 of 26 portfolio companiesConsumer ×10SaaS ×7E-commerce ×6Direct to Consumer ×5Fintech ×3Media & Entertainment ×3FoodTech ×2Circular Economy ×1
HQs:Sweden×8Norway×1
Investments · 26 tracked
founders shown can be your intro pathBemz makes custom, made-to-order slipcovers and replacement covers for IKEA sofas and furniture, letting customers choose model, fit, and fabric to personalize their home.
ConsumerDirect to ConsumerE-commerce
Billogram orchestrates payment flows and invoice management for businesses, helping reduce collection issues and support digital payment processes.
Fintech
Cesar Sangchi(Founder)Jonas Suijkerbuijk(Founder)
Co-investorsCNIKickstart InnovationPartech VenturesInbox CapitalSwisscom Ventures
Fortnox provides a cloud-based business management platform for small and growing companies, covering bookkeeping, invoicing, and payments through prebuilt modules and industry-specific integrations.
Cloud ComputingFintechSaaS
Mathem is an online grocery retailer offering food and household products for home delivery to consumers in Sweden.
ConsumerE-commerceFoodTech
Co-investorsCNIRite VenturesSalica InvestmentsSoftBank Vision Fund
Nextory is a streaming service for audiobooks and e-books operating across Europe, providing access to millions of titles across multiple languages and regions.
ConsumerMedia & EntertainmentSaaSStockholm, SE
Co-investorsCNIIndustrifonden
NordicFeel is an online beauty retailer selling skincare, perfume, haircare, and makeup from a range of brands as an authorized reseller.
ConsumerE-commerceRetail Tech
Nordic Nest (formerly Scandinavian Design Center) is an online retailer of Scandinavian interior design, offering home accessories, furniture, lighting, tableware and decor from over 250 Scandinavian brands.
ConsumerDirect to ConsumerE-commerceKalmar, SE
Readly is a subscription service that gives users unlimited digital access to a catalogue of magazines, including current and back issues, across up to five devices such as tablets, PCs, and smartphones.
ConsumerMedia & EntertainmentSaaS
Co-investorsChannel 4 VenturesZouk Capital
SodaStream makes at-home sparkling water makers that let consumers carbonate and personalize drinks at home, reducing reliance on single-use plastic bottles.
Circular EconomyConsumerDirect to Consumer
Stockfiller provides a digital procurement platform that connects stores, restaurants, cafés and their suppliers in one place, along with a supplier system to digitalize existing sales.
FoodTechLogistics & Supply ChainSaaS
Tibber is a digital energy company that helps customers reduce electricity consumption and manage energy costs through real-time pricing visibility and smart home integrations.
CleantechEnergyIoTSaaSOslo, NO
Daniel LindéninEdgeir Vårdal Aksnes
Co-investorsBalderton CapitalCreandumEviny VenturesSumma EquityWellstreetEight Roads Ventures+1 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
BythjulClearliiCompricerCoolCompanyCykelkraftFelloLeo VegasMrGreenPenStoreReseguidenSpares
Portfolio news
latest coverage across their companiesBillogram · billogram.com · Jun 11, 2026
Frequently asked questions
- How many investments has Aggregate Media made?
- Aggregate Media has 26 tracked investments, 1 of which have exited.
- What stage does Aggregate Media invest at?
- Aggregate Media invests at the Seed, Series A, Growth stages.
- What sectors does Aggregate Media focus on?
- Aggregate Media focuses on AdTech, Consumer, E-commerce, Enterprise Software, Marketing Tech, Media & Entertainment.
- Does Aggregate Media lead rounds?
- Aggregate Media typically participates in rounds rather than leading them.
- Who does Aggregate Media co-invest with?
- Aggregate Media most often shares deals with CNI, Balderton Capital, Channel 4 Ventures, among 13 tracked co-investors.
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