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First Venture

Venture capital

Stockholm · Seed–Growth

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Investment thesis

First Venture invests across three megatrends — technology, health, and sustainability — believing digital technology drives progress in health and sustainability. It targets companies at the bottom of the 'Valley of Death', where financing is scarce but competition is low and potential value growth is higher. The firm invests in both unlisted and listed Swedish growth companies, typically taking minority stakes while emphasizing strong founder ownership. In private companies it engages actively through board seats and coaching to accelerate growth, ideally toward an IPO within three years. It integrates sustainability and ESG analysis (including UN Global Compact principles) into every investment, acting as a long-term, active owner.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
Stockholm, SE
Instruments
Equity
Tracked investments
3

What they invest in

from 2 of 3 portfolio companies

B2B Marketplaces ×1Biotech ×1Circular Economy ×1Energy ×1Healthtech ×1

Investments · 3 tracked

founders shown can be your intro path
Cling Systemsclingsystems.com

Cling Systems is a brokerage service for surplus and end-of-life batteries, helping manufacturers and battery holders assess, price, and sell inventory to qualified buyers globally.

B2B MarketplacesCircular EconomyEnergy

Co-investorsTrucks VC

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 Biosciencesprintbioscience.com

Sprint Bioscience is a pharmaceutical company developing oncology drug candidates aimed at new treatments for hard-to-treat cancers.

BiotechHealthtech

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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