Fundraising Fox

Almi Invest

Government fund

Gothenburg · Pre-Seed–Growth · 57 people tracked

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Investment thesis

Almi Invest is Sweden's most active startup investor, backing innovative early-stage companies with scalable business models, strong teams and ambitions for rapid growth and international expansion. It invests as a minority shareholder and, as a state-owned entity, always co-invests alongside independent private investors, acting as a bridge to private venture capital. Beyond capital, it supports portfolio companies with networks and expertise over a long-term horizon. Initial investments are typically SEK 1-4 million, while its GreenTech Fund invests SEK 5-10 million. It avoids consultancies, sole traders and companies primarily seeking loans, focusing instead on technology-driven and innovation-led businesses.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
Check
$100K – $1M
HQ
Gothenburg, SE
Leads rounds
Follows
Instruments
Equity
Founded
2017
AUM
$126M
Tracked investments
26

Team · 57 people

from the firm's website & public directories
Jonathan Lannöin

What they invest in

from 20 of 26 portfolio companies

Deep Tech ×6Hardware ×6AI & Machine Learning ×5Biotech ×5Healthtech ×5Medical Devices ×4IoT ×3AgTech ×2

HQs:Sweden×10United States×1

Investments · 26 tracked

founders shown can be your intro path

By year:2025 · 12023 · 23 dated

Alixlabsalixlabs.comin𝕏✓ verified

AlixLabs develops Atomic Layer Etch (ALE) equipment for semiconductor manufacturing, including its Atomic Pitch Splitting (APS) technology that replaces multiple patterning steps with a single process to lower the cost of producing leading-edge chips.

Deep TechHardwareSemiconductors

Co-investorsIndustrifondenLU InnovationNavigare VenturesFORWARD.one

Nordic Forestry Automation (NFA)nordicforestryautomation.comin✓ verified

Nordic Forestry Automation (NFA) develops a retrofit machine-perception system for forestry harvesters, using lidar, GNSS, cameras and onboard edge AI to build a real-time digital map of the forest, detect and measure individual trees, and provide advanced driver assistance to operators.

AgTechAI & Machine LearningRobotics

Co-investorsNavigare Ventures

Airolitairolit.cominNov 2023

Airolit manufactures secure, industrial-grade drones and UAV systems for search and rescue and intelligence, surveillance and reconnaissance missions.

Defense TechHardwareRoboticsSweden, SE

Aligned Bioalignedbio.comin

Aligned Bio develops a customizable nanowire sensing platform for single-molecule detection, supporting optical, electrochemical, and electrical sensors.

BiotechDeep TechMedical Devices

Co-investorsLU InnovationMist Ventures

Allyally.sein

Ally provides home healthcare services and digital monitoring platforms for hospitals in Sweden, enabling early patient discharge and remote patient monitoring with vital signs tracking and clinician tools.

Digital HealthHealthtechSweden, SE

Ally Medical
Altered
Alteredcompanyalteredcompany.comin𝕏
Alva Labsalvalabs.ioin

Alva Labs provides an AI-powered hiring system that automates recruitment workflow and candidate evaluation using scientifically validated methods.

AI & Machine LearningHR TechStockholm, SE

Co-investorsVNV Global

Amferiaamferia.comin

Amferia develops peptide-based medical devices that use antimicrobial peptides to kill bacteria, mimicking the human immune system without toxic effects.

BiotechMedical Devices

Co-investorsChalmers Ventures AB

Antradantrad.sein

Antrad develops patented radio-wave energy technology for thawing and warming biological material, including a device (Qthaw UFT200) for rapid thawing of blood plasma.

Deep TechHealthtechMedical Devices

Antrad Medical
ApoGlyxapoglyx.comin

ApoGlyx develops first-in-class therapies based on aquaporin inhibitors, targeting inflammatory diseases such as acute pancreatitis.

BiotechHealthtech

Co-investorsLU Innovation

AppieModeappiemode.se
Aqua Roburaquarobur.comin

Aqua Robur Technologies provides hardware sensors and software (including an IoT portal and its Fenix Hub) for monitoring water infrastructure, detecting drinking water leaks, investigating inflow and infiltration, and monitoring overflow locations.

CleantechHardwareIoTGothenburg, SE

Co-investorsChalmers Ventures AB

Audiodoaudiodo.comin𝕏

Audiodo is a Swedish software company that develops personalized audio technologies, including real-time sound customization based on individual hearing profiles.

AI & Machine LearningHealthtechMalmö, SE

Aura Banking Cloud
Auracloudauracloud.comin

Aura offers a cloud-native core banking platform and an AI operating system called BankingCrew that lets banks build and run automated workflows using teams of AI agents with human oversight.

AI & Machine LearningFintechSaaS

Avidicareavidicare.cominMay 2025

Avidicare makes Opragon, an ultra-clean air ventilation system for healthcare settings such as operating rooms, laboratories, sterile supply departments, ICUs, isolation rooms, and pharmacies, aimed at preventing airborne and surgical site infections.

CleantechHealthtechMedical DevicesLund, SE

Co-investorsIndustrifonden

Beacticabeactica.comin𝕏

Beactica Therapeutic uses targeted protein degradation (TPD) technology, including its Eclipsor™ platform, to develop precision therapeutics for disease targets previously considered undruggable.

BiotechDeep Tech

Per Källblad(Chief Executive Officer)

Beammwavebeammwave.comin

BeammWave develops fully digital mmWave beamforming technology and radio-frequency integrated circuits (RFICs) for 5G applications, adaptable across smartphones, fixed wireless access CPE, and base stations.

Deep TechHardwareSemiconductors

Co-investorsLU Innovation

Beep Insightsbeepinsights.comin

Beep offers a continuous glucose monitoring (CGM) biosensor and companion app that combine glucose data with lactate, ketone, sleep, heart rate, and sports watch signals to give athletes real-time, AI-driven insights into their energy and performance.

Digital HealthSports TechWellness & Fitness

CorPower Oceanin

Almi provides loans and equity financing to small and medium-sized enterprises in Sweden, alongside business development advisory services and sustainability guidance.

Enterprise SoftwareFintech

Crossercrosser.ioin𝕏Acquired

Crosser is a low-code real-time integration and stream analytics platform for building and deploying event-driven data pipelines across edge, on-premise, and cloud environments.

Data & InfrastructureIoTSaaS

Co-investors42CAPIndustrifondenSpintop VenturesNorrlandsfonden

Flox Intelligencefloxintelligence.comin𝕏

Flox Intelligence uses AI to decode animal communication and guide wildlife away from danger, preventing collisions between animals and infrastructure without harming them.

AgTechAI & Machine LearningClimate TechDeep TechHardwareSyracuse, US

Sara Nozkova(Co-founder)Tomas Becklin(Co-founder)

Co-investorsGENIUS NYSatganaTilia Impact PartnersTilia Impact VenturesUnconventional Ventures

Trackpaw Scientifictrackpaw.seinOct 2023

Trackpaw develops hands-free, non-invasive monitoring systems that continuously track health parameters such as weight, activity, and respiration of research mice in group-housed settings.

BiotechHardwareIoT

Co-investorsIndustrifondenLU Innovation

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Almi Invest made?
Almi Invest has 11 tracked investments.
What stage does Almi Invest invest at?
Almi Invest invests at the Pre-Seed, Seed, Series A, Series B, Growth stages.
What is Almi Invest's typical check size?
Almi Invest typically writes checks of $100K – $1M.
What sectors does Almi Invest focus on?
Almi Invest focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Circular Economy, Cleantech, Climate Tech, Construction Tech, Deep Tech, Energy, FoodTech, Impact & Social Good, Medical Devices, Mobility & Transportation, New Materials, Sector Agnostic.
Where is Almi Invest located?
Almi Invest is headquartered in Gothenburg, SE.
Does Almi Invest lead rounds?
Almi Invest typically participates in rounds rather than leading them.

Images

Almi Invest photo

Co-investors · 1

Spintop Ventures

Spintop Ventures is an early-stage venture capital firm that invests in software-based technology companies from the Nordics, helping them become sector leaders.

Both backed · 1
$108K – $1.6M

Firms observed investing alongside Almi Invest, from public investor directories. Shared companies are the overlap with Almi Invest's recorded portfolio.

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