Current Portfolio Companies
Crystal Alarm
Crystal Alarm is the market leader in Sweden for mobile personal alarms for employees. The journey there started in the railway industry with customers such as SJ, Arriva, Arlanda Express, and has in recent years continued into more and more industries where employees need increased safety. Together with the team and founder/CEO Jens Olsson in Gävle, we will do our best to make working life safer and more secure for more people.
Milestones: Founded 2016, Partnership 2023
Entrepreneurs: Jens Olsson, Christoffer Wiklander
LunaLEC
LunaLEC is the world leader in printed light and sells to global customers in printed electronics. The patented light-emitting technology combines advanced research at Umeå University with sustainability, making it both cheaper and more environmentally friendly than OLED. With multiple application areas, the company aims to revolutionize how light is used in various products and environments.
Milestones: Founded 2012, Partnership 2023
Entrepreneurs: Ludvig Edman, Christian Larsen
Alent Dynamic
Alent Dynamic revolutionizes the timber industry with its innovative, automated drying technology that significantly reduces energy consumption and drying time for wood products. By upgrading existing drying facilities, sawmills can save between 25-60% of electricity and up to 10% of heat energy, while reducing drying time by up to 20%. This creates a more sustainable and cost-effective process without compromising product quality, making Alent Dynamic a leading player in sustainable wood processing technology.
Percepium
Percepium is a platform for learning, competence, and performance management that helps organizations drive training, regulatory compliance, and skills development at scale. The platform covers course delivery, automation, personalized/adaptive learning, and analytics, with a unified administration interface designed for larger enterprises. Customers use it to create, distribute, track, and analyze training and competence initiatives, often with compliance requirements in focus.
Milestones: Founded 2012, Partnership 2025
Entrepreneurs: Ola Badersten, Jan Petersen
Partner: Anton Nygren
Vaylo
Vaylo creates value for tour operators through smart solutions that increase sales and minimize administration with the help of generative AI. Vaylo was founded in 2023 with the vision to digitize and improve work methods and smart AI-driven systems for tour operators. An AI-driven travel salesperson is combined with Vaylo's own business system with proprietary data to give tour operators new opportunities for digital sales that utilize generative AI technology.
Coeo
With Coeo's platform, it's easy to create engaging digital and hybrid conferences and meetings, with the organization's brand in focus. Coeo was founded in Umeå in 2019 and has since worked to create a platform where knowledge sharing and the meeting between people and organizations becomes better with the help of digital tools. They also offer access to their easy-to-use admin system for agencies or recurring customers who want to create and offer digital conferences themselves.
Milestones: Founded 2019, Partnership 2021
Entrepreneurs: Anders Gunnarsson, Tinna Sandström
Basic Safety
Sweden's first AI fire safety training. Fire safety training has for many years been done the same way: through physical training at the employer or through e-learning. Basic Safety will revolutionize the industry with a cutting-edge AI platform built on OpenAI's AI technology to streamline and improve the training process.
Milestones: Founded 2018, Partnership 2023
Entrepreneurs: Fredric Lundqvist, Johan Grimståhl
Strativ
Strativ AB was founded in 2017 in Umeå by Abdullah Yousuf. Their passion for solving problems and creating value for society drove them to the idea of delivering flexible and cost-effective IT development to companies. By combining an office in Dhaka with 60 system developers and employees in Stockholm for project management and quality assurance, Strativ can offer high-quality IT development at the best price. With hundreds of satisfied customers, Strativ has grown significantly. In 2022, they qualified for position 37 on Deloitte's list of Sweden's 50 fastest-growing technology companies.
Milestones: Founded 2017, Partnership 2017
Entrepreneurs: Abdullah Yousef, Reaz Abedin
Previous Portfolio Companies
Vaccina
Vaccina was founded in 2020 and quickly grew into a real growth rocket. In 2021, the company was Sweden's largest company in vaccination and testing. Over 600,000 patients used the company's services, where the vast majority of revenues came from private customers who paid for healthcare services themselves (so-called out-of-pocket). The service offering included travel certificates, vaccination against pneumococcus, TBE, chickenpox, hepatitis, and shingles, as well as antibody tests at around 60 locations across the country. Vaccina collaborated with several regions, companies, and organizations and ten-folded its revenue from SEK 25 million in 2020 to over SEK 300 million in 2021 with a 25% operating margin.
Student Consulting
StudentConsulting is one of Scandinavia's leading recruitment and staffing companies, specializing in students, academics, and vocationally trained professionals. They have filled 17,406 jobs in Sweden, Norway, and Denmark in the past year. Their network spans 206 locations, over 450,000 candidates, 2,500 clients, and 13,800 ordering customers. Founded in 1997 by Benny Grahn and Niklas Jansson, later joined by Jonas Lindström and Tobias Lindfors, who is now CEO. Originally, they focused on providing students with part-time jobs. Today, they work with recruitment and staffing of students, academics, and vocationally trained professionals, where candidates meet future employers.
Codemill
Want to accelerate your media workflows or optimize your content production? CodeMill has next-generation media solutions and services to help you. CodeMill consists of around 60 dedicated employees, spread across the world, with the goal of advancing the media and entertainment industry. By understanding customers, users, and workflows within the media supply chain, CodeMill provides efficient solutions that best suit their needs. CodeMill empowers media teams to entertain and inform the world with their leading workflows for broadcast, VOD/OTT, Content Supply Chain, and Media Asset Management.
Milestones: Listed (IPO) 2021
Entrepreneurs: Rickard Lönneborg, Johanna Björklund, Maria Hellström, Karin Bergner
LumberScan
LumberScan offers world-leading software for automated inventory management of roundwood and wood chips. Accurate inventory balances enable some of the world's largest forestry corporations to increase their revenues and reduce their costs. LumberScan was born from the founders' vision that forest industries should have 100% control over their inventories of roundwood and wood chips. Several years of software development in close collaboration with Holmen, as well as improved hardware in the form of drones, has today made the dream possible.
Milestones: Exit 2024
Entrepreneurs: Karl Forsman, Magnus Wahlberg, Christoffer Eldskott