What stage does Norrlandsfonden invest at?

Norrlandsfonden invests at the Series A, Series B stages.

What is Norrlandsfonden's typical check size?

Norrlandsfonden typically writes checks of $54K – $2.2M.

What sectors does Norrlandsfonden focus on?

Norrlandsfonden focuses on Advanced Manufacturing, Consumer, Enterprise Software, Sector Agnostic.

Where is Norrlandsfonden located?

Norrlandsfonden is headquartered in Luleå, SE.

Norrlandsfonden

Venture debt

Luleå · Series A–Series B · 2 people tracked

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Find your way into Norrlandsfonden

141 people in our graph share verified history with the Norrlandsfonden team — schools, employers, funds. One of them is your warm intro.

Egilunlockedknows Mattias Lundström · together at SEB (overlapped)

×2knows the team · via Swedbank

×7knows the team · via SEB

×2knows the team · via Karlstad University

✨ Fox Verdict

Investment thesis

Norrlandsfonden is northern Sweden's leading top-up loan financier, promoting development among the region's growth companies. It lends more than SEK 300 million annually for startups, development, and expansion within the northern Swedish business community, with particular focus on supporting companies in the inland areas, those run by women, and those with sustainability ambitions. Since its founding in 1961, it has lent close to SEK 10 billion, which has contributed to investments totaling SEK 34 billion, aiming to help the region grow and create optimism and success in that part of the country.

Invests inAdvanced Manufacturing Consumer Enterprise SoftwareSector AgnosticSweden

Source: firm website, verified Aug 3, 2026.

Stage

Series A–Series B

Check

$54K – $2.2M

Luleå, SE

Instruments

Debt

Founded

1961

AUM

$129.6M

Tracked investments

Team · 2 people

from the firm's website & public directories

Mattias Lundström· VD (CEO)· Luleå, Norrbotten County, Swedenin

CEO of Norrlandsfonden; also appointed chairman of the board of subsidiary Norrlandsfonden Bostadsfinansiering AB.

Ulf Ejelöv· Styrelseordförande (Chairman of the Board)

Appointed by the Swedish government as new chairman of the board of Norrlandsfonden, effective 1 July 2026. Has extensive experience in leading positions within the banking and insurance sectors, and has been a board member since 2019.

u•••@norrlandsfonden.sereveal

What they invest in

from 1 of 1 portfolio companies

Cloud Computing ×1Data & Infrastructure ×1Developer Tools ×1Enterprise Software ×1IoT ×1SaaS ×1

HQs:Sweden×1

Investments · 1 tracked

founders shown can be your intro path

Crossercrosser.io in 𝕏Acquired

Crosser provides a hybrid-first stream analytics and integration platform enabling real-time processing of streaming, event-driven, and batch data across cloud, on-premise, and edge environments.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise SoftwareIoTSaaSStockholm, SE

Uffe Bjorklund(Co-founder)in Johan Jonzon in Martin Thunman in

Co-investors42CAP Industrifonden Spintop Ventures Almi Invest

Portfolio news

latest coverage across their companies

Industrifonden Exits Crosser Following Acquisition by Aveva / Schneider Electric – Industrifonden

Crosser · industrifonden.com · Dec 12, 2025

Frequently asked questions

What stage does Norrlandsfonden invest at?: Norrlandsfonden invests at the Series A, Series B stages.
What is Norrlandsfonden's typical check size?: Norrlandsfonden typically writes checks of $54K – $2.2M.
What sectors does Norrlandsfonden focus on?: Norrlandsfonden focuses on Advanced Manufacturing, Consumer, Enterprise Software, Sector Agnostic.
Where is Norrlandsfonden located?: Norrlandsfonden is headquartered in Luleå, SE.

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