Luminar Ventures
Venture capitalStockholm · Pre-Seed–Seed · 8 people tracked
Investment thesis
Luminar Ventures positions itself as one of the most active seed-stage funds in the Nordics, investing at pre-seed and seed stages with tickets from €500k to €2.5m (sweet spot €1-2m) on a generalist, sector-agnostic basis. Beyond capital, the team draws on its experience as former founders and angel investors to help portfolio companies find and execute product-market fit, make key early hires, land first products and customers, drive rapid growth, and prepare for international expansion toward global scale.
Source: firm website, verified Aug 3, 2026.
Team · 8 people
from the firm's website & public directoriesWhat they invest in
from 7 of 47 portfolio companiesEnergy ×2Hardware ×2InsurTech ×2B2B Marketplaces ×1Circular Economy ×1Cleantech ×1Data & Infrastructure ×1Digital Health ×1
HQs:Sweden×5Norway×1
Investments · 47 tracked
founders shown can be your intro pathPhotoncycle develops energy technology for powering homes, currently being piloted with Norway's largest house builder and planned for large-scale manufacturing starting in 2027.
CleantechEnergyHardware
Bjorn Brandtzaeg(Founder and CEO)in
Health Integrator is a digital health service that prevents chronic lifestyle diseases and mental health issues through coached behavioral change, an integrated marketplace for health products and services, and personalized health profiles.
Digital HealthHealthtechWellness & FitnessStockholm, SE
Greenely provides a mobile app that connects household electricity consumption devices and offers spot-price electricity contracts.
EnergyIoTSaaSSweden, SE
Democratizing the process of claiming insurance compensation
Insurello helps people claim insurance compensation for personal injuries and accidents by managing claims on their behalf, taking no fee if the claim is unsuccessful.
InsurTechLegalTechStockholm, SE
Enterprise, real-time carbon emissions reporting
Omocom is a Swedish insurance company that provides embedded insurance solutions for the sharing economy, enabling platforms to offer protection to users when renting, sharing, or borrowing vehicles, properties, and goods across Europe.
B2B MarketplacesCircular EconomyInsurTechStockholm, SE
Open Payments is an API aggregator that connects financial institutions and businesses to multiple banks through a single unified API, supporting account information retrieval and payment initiation under the PSD2 directive.
Data & InfrastructureEnterprise SoftwareFintechStockholm, SE
Frequently asked questions
- What stage does Luminar Ventures invest at?
- Luminar Ventures invests at the Pre-Seed, Seed stages.
- What is Luminar Ventures's typical check size?
- Luminar Ventures typically writes checks of $550K – $2.8M.
- What sectors does Luminar Ventures focus on?
- Luminar Ventures focuses on Sector Agnostic.
- Where is Luminar Ventures located?
- Luminar Ventures is headquartered in Stockholm, SE.
- Does Luminar Ventures lead rounds?
- Yes, Luminar Ventures leads investment rounds.
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Co-investors · 6
EQT Ventures is the early-stage venture arm of EQT, backing founders building what it calls Generation-Defining Companies, primarily across Europe. It acts as a lead investor, operational advisor, and high-conviction capital provider.
Foobar is a technology and climate investment firm founded by David Helgason, the former CEO of Unity. The firm invests across all stages of technology startups with a particular focus on climate change mitigation and sustainable solutions.
AI Fund is a venture studio founded by Andrew Ng that co-founds AI companies with entrepreneurs, venture funds, and corporate partners, taking ventures from idea to funded startup in about three months.
Inventure is a generalist early-stage venture capital firm investing primarily across the Nordics and Baltics, having backed over 100 companies since 2005.
byFounders is an early-stage venture capital firm investing in the Nordic region. The firm focuses on founders building globally competitive companies with positive social or environmental impact.
Crowberry Capital is a Nordic venture capital firm with offices in Reykjavik, Copenhagen and Stockholm that invests in seed and early-stage startups across the Nordics.
Firms observed investing alongside Luminar Ventures, from public investor directories.
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