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First Venture

Venture capital

Stockholm · Seed–Growth · 4 people tracked

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Investment thesis

First Venture is an investment company focused on three megatrends: technology, health, and sustainability. It targets early-stage Swedish growth companies at the bottom of the 'Valley of Death' — the vulnerable phase where companies struggle to secure funding to bring products to market — seeing opportunity there due to less competition and potential for higher value growth. It invests in both unlisted and listed companies, typically as a minority owner, valuing strong founder ownership. For private companies it works actively via the board and coaching, aiming for a listing within about three years. Sustainability and ESG criteria (UN Global Compact, SDGs) are integrated into every investment.

Source: firm website, verified Jul 31, 2026.

Stage
Seed–Growth
HQ
Stockholm, SE
Instruments
Equity
Tracked investments
2

Team · 4 people

from the firm's website
Andreas Lindenhierta· tf VD (acting CEO, since 2025); Board member since 2024

Holds a Master in Commercial & Tax Law from Jonkoping International Business School. Serves as CFO of M2 Asset Management AB and previously was CFO of Byggvesta and Byggmastare Anders J Ahlstrom, and a board member of several companies including Link Prop Investment and GETE Media.

Christina Källenfors· Ordförande (Chairman)

Board chairman since 2024 with a law degree from Stockholm University. Serves as board chair and member at multiple organizations including Brock Milton Capital AB, Webrock Ventures AB, and Lexly AB, and was previously general counsel at companies including Epidemic Sound AB and Mycronic AB.

Christina Kallenfors· Chair of the Board since 2024

Holds a law degree from Stockholm University. Chair of Brock Milton Capital and Lexly, board member of Webrock Ventures and Guldbrev Holding, and a Senior Advisor at Skills Corporate Finance Nordic. Previously served as general counsel at Epidemic Sound, Mycronic and Com Hem.

Karl Brodin· Board member since 2021

Holds an engineering degree from KTH in Stockholm. Previously worked at Atlas Copco as development manager and business manager, and as Head of R&D at Climeon. Currently a board member of Gymer Consulting.

Investments · 2 tracked

founders shown can be your intro path
Kiliaro

Social media and photo-product platform whose Turkey-based subsidiary Sosyopix reported roughly 24% revenue growth in Q3 2024; aims to build a global, sustainable social media platform.

Sprint Bioscience

Biotech company developing treatments for serious diseases such as cancer, including TREX1 inhibitors to activate immune response against tumors.

Frequently asked questions

What stage does First Venture invest at?
First Venture invests at the Seed, Series A, Series B, Growth stages.
What sectors does First Venture focus on?
First Venture focuses on AI & Machine Learning, Biotech, Cleantech, Climate Tech, Deep Tech, Digital Health, Energy, Healthtech, Impact & Social Good.
Where is First Venture located?
First Venture is headquartered in Stockholm, SE.

Images

First Venture photo

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