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First Venture

Venture capital

Stockholm · Seed–Growth · 1 people tracked

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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
4

Team · 1 people

from curated

What they invest in

from 3 of 4 portfolio companies

Healthtech ×2B2B Marketplaces ×1Biotech ×1Circular Economy ×1Cleantech ×1Energy ×1Hardware ×1Logistics & Supply Chain ×1

HQs:Sweden×2

Investments · 4 tracked

founders shown can be your intro path
Cling Systemsclingsystems.cominDec 2021

Cling Systems brokers lithium-ion batteries in all conditions—brand new, surplus, used, and end-of-life—into compliant transactions through assessment, transaction advisory, logistics orchestration, and settlement services.

B2B MarketplacesCircular EconomyCleantechEnergyLogistics & Supply ChainStockholm, SE

William Bergh(Founder & CEO)in

Co-investorsTrucks VC

Mendimendi.io

Mendi makes a consumer neurofeedback device and app that use functional near-infrared spectroscopy (fNIRS) to measure blood flow and oxygenation in the prefrontal cortex, turning brain activity into a real-time training game.

HardwareHealthtechWellness & Fitness

Rickard Eklöf(Founder)Sammy Saldjoghi(Founder)

Sprint Biosciencesprintbioscience.comin

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

BiotechHealthtechHuddinge, SE

Martin Andersson(Founder)in

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Kiliaro

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does First Venture invest at?
First Venture invests at the Seed, Series A, 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.

Media · Podcasts & interviews

featuring the team

First Ventures vd Peter Werme intervjuas av Nyhetsbyrån Direkt

Direkt Studios · Peter Werme

Images

First Venture photo

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