CNI
Venture capitalStockholm · Seed–Late Stage · 5 people tracked
Investment thesis
CNI backs exceptional entrepreneurial businesses and helps build and scale them to create sustainable long-term shareholder value. Operating with a flexible investment mandate, the firm takes a focused, pragmatic approach and invests across a broad range of sectors and industry verticals, primarily in the Nordic region. It aligns its interests with those of the entrepreneurs it backs and applies strict ethical and sustainability criteria, excluding environmentally harmful activities, addictive products, weapons, workers' rights violations, discrimination, tax avoidance and unethical practices. CNI emphasizes long-term positive impact beyond financial returns for all stakeholders.
Source: firm website, verified Jul 30, 2026.
Team · 5 people
from the firm's websiteEjerhed spent six years as an equity analyst at ABG Sundal Collier in London before relocating to Sweden in 2007 to lead a team of specialised equity analysts, later becoming a portfolio manager, and then co-founded CNI. He holds an MSc in Industrial Engineering and Management from KTH and a BA from Stockholm and Uppsala universities.
With 20+ years of international finance experience, Almkvist worked as an equity analyst/broker in London for CAI Cheuvreux, Alfred Berg and ABG Sundal Collier before returning to Sweden in 2004 to found Adapto Advisors, where he started two funds. He founded CNI in 2011 and holds a BA in Business and Finance from Richmond University.
Halvorsen has 7 years of finance experience, most recently at Nordea's growth banking branch managing a portfolio of around 40 tech companies. She joined Nordea in 2014 in relationship and credit specialist roles and holds a BSc in Economics from Stockholm University.
Hansson graduated from KTH in 2023 with an MSc in Financial Mathematics and previously held roles at Carnegie Investment Bank and Söderberg & Partners, plus internships at CB Fonder and EY's corporate finance team focused on energy and infrastructure.
Wellenstam previously worked at EQT Partners on TMT, FinTech and Services investments and value creation, and earlier in M&A at Morgan Stanley in London and Stockholm. He holds a BSc in Business and Economics from the Stockholm School of Economics.
Investments · 7 tracked
founders shown can be your intro pathNext-generation intelligent invoicing software.
Sweden's first mobile pharmacy.
Digital storytelling / audiobook and e-book service.
Body-fit and footwear sizing technology.
Frequently asked questions
- What stage does CNI invest at?
- CNI invests at the Seed, Late Stage stages.
- What sectors does CNI focus on?
- CNI focuses on Sector Agnostic.
- Where is CNI located?
- CNI is headquartered in Stockholm, SE.
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