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Spintop Ventures

Venture capital

Stockholm · Pre-Seed–Series B · 14 people tracked

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Investment thesis

Spintop Ventures backs early-stage, software-driven technology companies based in the Nordic region, supporting mission-driven teams aiming to build great products with rapidly growing revenues. The firm seeks to help these companies become sector leaders while contributing to a long-term sustainable society. It offers portfolio teams access to a network of proven technology entrepreneurs and has invested in more than 35 teams to date.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series B
Check
$108K – $1.6M
HQ
Stockholm, SE
Leads rounds
Follows
Instruments
Equity
Founded
2005
Last 12 months
1 investment
Tracked investments
70

Team · 14 people

from the firm's website & public directories
Amanda Lindqvist· Investorin𝕏
Isabel Nilson· Investor

Founder mafia

2 people who came through Spintop Ventures went on to found or lead other companies.

What they invest in

from 43 of 70 portfolio companies

SaaS ×23AI & Machine Learning ×17Enterprise Software ×8Consumer ×7Marketplaces ×6Fintech ×5Cybersecurity ×4Retail Tech ×4

HQs:Sweden×10Norway×5United States×4Finland×3Denmark×1

Investments · 70 tracked

founders shown can be your intro path

By year:2025 · 12024 · 12023 · 24 dated

3Lc
Acampacamp.com

Campio (acamp.com) offers a booking and property management system for campsites and motorhome parkings, alongside a consumer platform where campers can explore over 30,000 campsites and book many directly.

MarketplacesSaaSTravel & Hospitality

Adnavem
Adway
Agency9
Aibaaiba.aiin

Aiba offers Amanda, a content moderation product for teams responsible for trust, safety, and risk on online platforms.

AI & Machine LearningCybersecuritySaaS

Co-investorsAntlerAntler AustraliaFirda

Alexis
AlexisHRalexishr.cominacquired by Simployer

AlexisHR provides an AI-powered HRIS and chatbot that gives HR teams, managers, and employees conversational access to people data, handbook information, and HR processes through tools like Slack and Teams.

AI & Machine LearningHR TechSaaS

Co-investorsAlliance VCAlliance Venture

Apprl
Cambricambri.ioin𝕏

Cambri is a product research and concept testing platform that helps brands and product teams run iterative consumer insights studies to validate product and service concepts before launch.

AI & Machine LearningData & InfrastructureMarketing TechSaaSHelsinki and Stockholm, FI

Oskar Korkman(Co-founder)Dr Heli Holttinen(Founder)Dani Kamras(Co-founder)Dr Outi Somervuori(Co-founder)

Co-investorsGorilla CapitalOctopus VenturesOpenOceanThe 98Trind Ventures

Crossercrosser.ioin𝕏Acquired

Crosser is a low-code real-time integration and stream analytics platform for building and deploying event-driven data pipelines across edge, on-premise, and cloud environments.

Data & InfrastructureIoTSaaS

Co-investors42CAPIndustrifondenAlmi InvestNorrlandsfonden

DazzleRocksdazzle.rocks

Joonas Jokela(Founder)Stella Wang(Founder)

Co-investorsbyFoundersSisu Game Ventures

DealDash®dealdash.com

DealDash is a pay-to-bid online auction marketplace for consumer goods.

Marketplaces

Co-investorsInnovestor Ventures

Defentrydefentry.comin

Defentry offers a modular B2B SaaS platform that lets banks, insurers, telcos, and cybersecurity providers launch white-label identity protection services, including dark web monitoring, credit and government record tracking, real-time alerts, automated data removal, and fraud recovery support.

CybersecurityFintechSaaSStockholm, SE

Christer(Co-founder)Farid(Co-founder)

Donkeydonkey.bikein𝕏

Donkey Republic operates a bike-sharing service that lets users find, unlock, and rent bikes on demand through a mobile app across various cities.

ConsumerMarketplacesMobility & Transportation

Donkey Republic
Elastisyselastisys.cominSep 2023

Elastisys builds Welkin, a Kubernetes-based application platform for running security-critical and compliance-heavy software across cloud, on-premises, and air-gapped environments.

Cloud ComputingCybersecurityDeveloper ToolsEnterprise SoftwareSweden, SE

Johan Tordsson(CEO & Co-Founder)Erik Elmroth(Chief Scientist & Co-Founder)Lars Larsson(Field Chief Technology Officer)John Björksten(Chief Commercial Officer)Ingela Holmberg(Chief Financial Officer)Hans Olof Edblom(Chief Information Security Officer)

EmbeDLembedl.comin

Embedl provides a platform for optimizing, compiling, and deploying AI models on edge hardware, including conversion, quantization, and benchmarking on device farms.

AI & Machine LearningDeep TechDeveloper Tools

Co-investorsButterfly VenturesChalmers Ventures ABFairpoint Capital

Freskafreska.sein

Freska is a home cleaning service that connects customers with professionally employed cleaners on flexible contracts with no binding periods.

ConsumerMarketplacesStockholm, SE

Freskafreska.noin

Freska provides recurring residential cleaning services in the Nordics, using cleaners it employs directly with insurance, sick pay, and holiday rights, managed through the Freska app.

ConsumerImpact & Social GoodMarketplacesBergen, NO

Co-investorsMomentum

Freskafreska.fiin

Freska is a Finnish home cleaning service that provides recurring residential cleaning through trained, vetted cleaners, with bookings and management handled via its app.

ConsumerMarketplaces

Gubbegubbe.comin

Gubbe provides comprehensive care services for elderly and disabled individuals, maintaining their wellbeing and independence through consistent personal assistance from dedicated caregivers visiting at home or care facilities across Finland.

HealthtechSocial

Hemma
Huberthubert.aiinSep 2025 · $2.9M

Hubert provides structured interview technology for hiring that aims to improve prediction of work performance while reducing bias.

HR TechSaaS

Impulsoimpulso.sein

Impulso provides a shared dashboard that connects fashion brands, retailers, and agents around real-time sales, inventory, and demand data to improve in-season decisions and sell-through.

FintechRetail TechSaaS

Co-investors42CAP

Indyriotindyriot.com

INDY RIOT is a direct-to-fan platform that enables musicians and artists to build and manage engaged fan communities through integrated tools for content, messaging, ticketing, and merchandise sales.

Creator EconomySaaS

InProdiconinprodicon.com

InProdicon is a Swedish company that builds human-curated music streaming products, offering its Chanzoo service of hand-programmed, ad-free music for listeners who want curated audio without effort.

ConsumerMedia & EntertainmentSaaS

IPRallyiprally.comin𝕏Mar 2023 · $10.8M

IPRally is an AI-native patent search platform that uses proprietary Graph AI to perform patent searches, review, monitoring, and portfolio analysis.

AI & Machine LearningLegalTechSaaS

Co-investorsEndeit CapitalIcebreakerJoin Capital

Keeniouskeenious.comin𝕏

Keenious is an AI-guided platform that helps students and researchers find relevant academic papers and understand complex academic literature across disciplines.

AI & Machine LearningEdTechSaaS

Frode Opdahl(CEO & Co-founder)inAnders Rapp(Co-founder)in

Kristoffer Labuc Activerecarber.comin

ReCarber develops and commercializes engineered carbon removal projects, focusing on BECCS (Bio Energy with Carbon Capture and Storage) from biogenic emitters, and operates a platform matching emitters with buyers of carbon removal credits (CDRs).

B2B MarketplacesCleantechClimate TechStockholm, SE

Co-investorsCourse Corrected VC Holding IILuminar Ventures

Leasecloudleasecloud.se
Mariadb Corporation

Menlo Park, US

Kenneth Paqvalen(Executive Officer, Promoter)Feng Yu(Director)Alexander Suh(Director)Scott Raskin(Director)Ralf Wahlsten(Director)Michael Howard(Executive Officer, Director, Promoter)

Co-investorsCalifornia Technology VenturesRuna Capital

Meetricmeetric.com

Meetric is a software platform that unifies workplace conversations across departments and turns them into decisions and action through categorization, insights, and automated reporting.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Megamega.aiin

MEGA builds deterministic AI voice agents for the collections industry, automating compliant customer conversations including identity verification, payment resolution, dispute handling, and vulnerability detection within an auditable framework.

AI & Machine LearningFintechSaaS

Mega Ai
Modcam
Nomononomono.coin𝕏Oct 2024

Nomono builds audio technology and tools for storytellers and podcasters, combining storytelling with immersive audio.

AI & Machine LearningCreator EconomyHardwareMedia & EntertainmentTrondheim, NO

Co-investorsInvestinorSkyfall Ventures

Onceupononceupon.photoin

Once Upon Photo creates customizable photo books with Scandinavian design for consumers.

B2B MarketplacesConsumer

Oneflowoneflow.comin𝕏

Oneflow is a contract management platform that structures contract data to surface insights, detect risks, and connect contracts to business processes across finance, sales, procurement, and HR.

Enterprise SoftwareLegalTechSaaS

Pacemaker
Pastry Sweden
Pinmetopinmeto.comin𝕏

PinMeTo is a SaaS platform that helps multi-location brands manage and synchronize their location data, online conversations, and customer engagement across search engines, maps, social media, directories, and AI platforms.

Enterprise SoftwareMarketing TechRetail TechSaaSMalmö, SE

Co-investorsCNI

Practiopractio.dk
RALLYmariadb.comin𝕏

MariaDB develops a relational database system designed to serve as a cost-effective alternative to legacy databases like Oracle for storing and accessing data across mobile, web, and IoT applications.

Cloud ComputingData & InfrastructureEnterprise SoftwareSilicon Valley, US

Vikas Mathur(Chief Product Officer)

Co-investorsHighBar PartnersOpenOceanSmartFinKreos Capital

ReCarber
ReclaimITreclaimit.comin

Reclaimit is a SaaS platform for e-commerce brands and retailers that manages post-purchase processes including digital returns, exchanges, claims, repairs, warranties, and circular commerce solutions like trade-in and refurbished product reselling.

Circular EconomyE-commerceSaaS

Scrintalscrintal.comin𝕏

Scrintal is a visual canvas tool that lets users organize and connect ideas block by block, combining thinking, writing, and sharing in one workspace.

AI & Machine LearningEdTechFuture of WorkSaaSStockholm, SE

Co-investorsIcebreaker

Seedseed.coAcquired

Seed offers mobile banking services tailored to small business owners, providing digital banking tools and support services for business management.

FintechSan Francisco, US

Brian Merritt(Founder/CEO)inRyan Hildebrand(Founder)in

Co-investorsY CombinatorAtomicoDCVC (Data Collective)SGInnovate

Seven Starssevenstars.gamesin

Seven Stars is a mobile game studio that develops casual games, including "Castaway Isle," a merge-and-restore game with a mystery narrative.

ConsumerGaming

Co-investorsBehold VenturesFailup VenturesSisu Game Ventures

Sift Labsiftlab.comin

Sift Lab offers an AI platform with predictive analytics, customer/product segmentation, and an agentic AI agent (Sift Sense) that generates insights and automates audience setup for marketing campaigns across channels like Email, SMS, Meta, Google, and TikTok.

AI & Machine LearningMarketing TechRetail Tech

Small Giant
Small Giant Gamessmallgiantgames.comin

Helsinki-based mobile game developer building social, long-lifecycle games, operating since 2013.

Co-investorsButterfly VenturesSisu Game VenturesCreandumEQT Ventures

Sprinkle
Standabstandab.comin

Standab installs structured parking and charging infrastructure in public space for shared scooters and e-bikes, helping cities define parking zones and letting operators charge fleets where they park.

CleantechHardwareMobility & Transportation

Strosslestrossle.comAcquired

Strossle is now Azerion Native, powered by MGID, and directs visitors to azerion.com for its current site and contact information.

AdTech

Teklatech
Tings
Tonadatonada.aiin

Tonada generates original, AI-composed background music tailored to a brand that adapts in real time to POS data, occupancy sensors, weather, and local events across physical locations.

AI & Machine LearningRetail TechSaaS

TRV
Valovalo.aiin𝕏

Valo.ai provides tools for Salesforce stakeholders to manage security risks, reduce costs and complexity, and improve administrative efficiency.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaS

Co-investorsInventure

Exits · 2

IPOs and acquisitions across the tracked portfolio

AlexisHRacq. by SimployerVerifyteracq. by Cadence

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Spintop Ventures made?
Spintop Ventures has 57 tracked investments, 2 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
What stage does Spintop Ventures invest at?
Spintop Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is Spintop Ventures's typical check size?
Spintop Ventures typically writes checks of $108K – $1.6M.
What sectors does Spintop Ventures focus on?
Spintop Ventures focuses on AI & Machine Learning, Deep Tech, Enterprise Software, SaaS, Sector Agnostic.
Where is Spintop Ventures located?
Spintop Ventures is headquartered in Stockholm, SE.
Does Spintop Ventures lead rounds?
Spintop Ventures typically participates in rounds rather than leading them.
Who does Spintop Ventures co-invest with?
Spintop Ventures most often shares deals with Sisu Game Ventures, 42CAP, Industrifonden, among 19 tracked co-investors.

Images

Spintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photoSpintop Ventures photo

Co-investors · 8

Icebreaker

Icebreaker is an early-stage venture capital firm that has backed over 100 teams from the idea stage to seed and beyond since 2017, investing in the Nordic and Baltic region.

Both backed · 2
$162K – $1.6M
Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Both backed · 1
Inventure

Inventure is a generalist early-stage venture capital firm investing primarily across the Nordics and Baltics, having backed over 100 companies since 2005.

Both backed · 1
$330K – $5.5M
Almi Invest

Almi Invest is a Swedish state-owned venture capital company that invests in early-stage startups and growth companies with scalable business models, operating through regional funds and a national GreenTech Fund.

Both backed · 1
$100K – $1M
Next47

Next47 is a venture capital firm that invests early, focusing on the product itself before metrics or hype, partnering with founders to help them scale from initial concept to growth.

foobar.vc

Foobar is the investment company of Icelandic entrepreneur David Helgason that focuses on supporting startups and investing in technology to accelerate global decarbonization and sustainability efforts.

Galaxy Interactive

Galaxy Interactive originated as the interactive content and technology arm of crypto firm Galaxy Digital, giving it an unusual combination of deep crypto-native infrastructure knowledge and a pure-play focus on interactive media, gaming, and virtual worlds, rather than being a generalist crypto or generalist gaming fund. The fund leverages Galaxy's broader balance sheet and ecosystem—including trading, investment banking, tokenization, and infrastructure—to offer portfolio companies access to liquidity, tokenization expertise, and institutional crypto relationships, creating an integrated platform that is rare among sector-specific gaming and interactive VCs.

$1M – $20M
S4S Ventures

S4S Ventures is a venture capital firm focused on early-stage technology companies disrupting the marketing, media, and advertising value chain. Backed by S4 Capital and Stanhope Capital Group, the firm leverages deep domain expertise and a network of over 7,000 industry professionals to support portfolio companies.

Firms observed investing alongside Spintop Ventures, from public investor directories. Shared companies are the overlap with Spintop Ventures's recorded portfolio.

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