Growing a tech company from a humble start to international success has many similarities with reaching world-class in sports. Elite skier Karolina Hedenström is determined to become the best and has a plan to succeed. She is well on her way, finishing Ski Classics in the top 5 overall this year and winning the youth…

Spintop Ventures’ portfolio company Cambri, the AI consumer insights and innovation platform used by household food and beverage brands such as Carlsberg, Coca-Cola, and Nestle, has closed a new funding round with two new investors Octopus Ventures and S4S Ventures.  Cambri exemplifies the power of applied AI, delivering unprecedented predictive accuracy that transforms product innovation…

Spintop Ventures announces their ninth investment in the past year in the SaaS administration AI solution Valo.ai. The investment is made together with Inventure and a group of highly respected cybersecurity experts including F-Secure Chief Research Officer Mikko Hypponen and Cybersecurity entrepreneur Henri Lindberg as angel investors. As modern enterprises increasingly rely on SaaS solutions…

Looking back at 2023 there was a big decline in the number of investments. There has been a lot of talk about many funds saving “dry powder” and slowing down the pace of new investments. For us at Spintop Ventures this is far from the truth. Instead, we are keeping up our pace and have…

Keenious, an AI-driven academic research tool, has successfully raised €1.3 million in funding led by Spintop Ventures, with Investinor as co-lead.  Recent revelations of academic misconduct among public figures have underscored the critical need for reliable tools that support academic integrity. To foster ethical academic practices, Keenious, an AI-driven research tool, enhances the research process…

The world’s first AI office worker, created by Swedish startup VISS.AI is Spintop Ventures’ latest investment. The company’s founders want to enable anyone, even people without technological skills, to talk to their apps and automate tasks. Their solution is capable of automating everyday business tasks with high accuracy. By describing your workflow in natural language,…

Spintop sat down with Carmen Hasenknopf and Niels Henrik Rasmussen from our portfolio company Donkey Republic just in time for the release of their Annual Report for 2023, to discuss the growth and success of their republic ten years into their journey of providing easy access to bikes through their bike-sharing service. Founded in Denmark,…

Spintop Ventures proudly announces an investment in Vitala, a health tech startup that aims to redefine how we manage and treat chronic diseases. Vitala is digitalizing healthcare through its innovative approach to prescribing exercise as medicine, with the goal of rendering exercise as precise and trackable as traditional pharmaceutical treatments.  Now as a first step…

Today Simployer announces their acquisition of Spintop portfolio company AlexisHR. Founded in Sweden in 2019, AlexisHR has had remarkable growth in the SMB segment. By leveraging AI with a simple customer experience, AlexisHR empowers customers to streamline HR operations, foster collaboration, and provide great employee user experiences.   “Since our investment two years ago, collaborating with…

Ville Vesterinen is an entrepreneur and angel investor based in Helsinki, Finland. Ville co-founded the Slush conference and the ArcticStartup blog to speed up the formation of the emerging Nordic startup scene. Ville serves on Swappie’s board and advises many other startups and scaleups.  “Spintop has a very successful investment portfolio and exits in Finland,…

Today Spintop Ventures announces that we’ve led an investment round in the circular app Tings, alongside Schibsted Ventures, FJ labs, Arkwright X, and TSIC. Tings bridges the physical and digital realms by establishing connections among consumers, brands, retailers, and third parties within a circular ecosystem.  As a consumer app designed for organizing receipts and product…

Spintop Ventures announces today its investment in Zymego, a groundbreaking healthcare technology company, set to address the chronic issue of appointments being unfilled due to late cancellations and reschedules. The company’s vision is not only to optimize healthcare scheduling but also to enhance the patient experience and streamline the healthcare system. Zymego closes this major…

Based in Denmark, Erdem Ovacik is known as a pioneer for mobile-app-based bike-sharing and advocacy on mobility related topics. But he’s also deeply engaged in creating possibilities for entrepreneurs to contribute to real change.  As the founder of Spintop Ventures’ portfolio company Donkey Republic Erdem Ovacik has been a part of the Spintop family for…

Spintop Ventures, leads the investment round for Aiba AS, a cutting-edge cybersecurity startup offering AI moderation platform to safeguard children and young adults on the internet.  This partnership aims to address a pressing global issue: The alarming increase in cyber grooming and toxic behaviors directed towards children and young adults in the digital world. With…

Spintop Ventures recruits Caritta Seppä as Investment Manager for expanding Spintop Ventures’ focus in Finland. Caritta Seppä is a tech co-founder and has been recognised by Forbes 30 Under 30. Caritta has always had a passion for education, sustainability, and creating long-lasting impact, which led her to co-found Tespack, a smart energy startup. She has…

Spintop Ventures has led an investment round for Elastisys, a spin-off company from Umeå University, specializing in cloud native technologies with a strong commitment to information security. The 30 million SEK investment will further drive Elastisys rapid expansion.  Elastisys provides its Compliant Kubernetes cloud platform as a managed service for customers to accelerate digital innovation…

Dear friends of Spintop, We are happy to share a few lines about what we have been up to recently, as we are at the half year break and going into the vacation period.  Strong traction in a new market environment There’s a new financing environment for tech start-ups and scaleups, following the overheated market…

Spintop Ventures has led a 45 MSEK investment into Embedl, a strategic move set to amplify its operations and further enhance the tools that are delivering the highest-performing AI models in the automotive industry. Embedl, a Swedish deep tech company specializing in AI research and development, has successfully raised SEK 45 million led by Spintop…

Spintop proudly presents Helen Agering as a new partner. Helen has a background as a serial executive scaling successful B2B SaaS companies. She brings highly valuable experiences strengthening the operational and industrial expertise on the Spintop team.   Prior to joining Spintop, Helen held key executive positions at several high-growth startups, where she was instrumental…

Serial-entrepreneur Nima Samimi, founder and CEO of HR-platform AlexisHR, spent a lot of time and energy handling HR-issues in his previous start-up and that’s how the idea to his new company was born. Three years after the release AlexisHR are serving customers all over Europe with focus on Norway, Sweden and the Netherlands with users…

Scrintal, an innovative visual note-taking and collaboration tool, has raised €1 million in funding to launch and accelerate its growth. The investment round is led by Spintop Ventures, and joined by existing investor Icebreaker VC, and Jacob Hellqvist. The company combines visual canvases with documentation to help professionals and teams go from idea to presentable…

Spintop Ventures recruits Kamyar Espahbodi as Investment Manager. Kamyar Espahbodi has previously played a critical role in a €10 million fundraising by one of Spintop Ventures’ portfolio companies. – We are thrilled that Kamyar, with experience in the venture capital industry and a proven track record from operational roles, has joined the team at Spintop….

Danish entrepreneur Mads Mikkelsen joins Spintop Ventures as Senior Advisor. His focus will be to build Spintop’s presence in Denmark and increasing investment activities in Danish early-stage tech start-ups.  With a background in international sales and business development, Mads has spent the last 13 years at Danish tech start-ups including at Endomondo and Myfitnesspal, both…

Anders Malmström is the new CEO of Spintop Ventures’ portfolio company Defentry. He joins the Nordic cyber safety company as they’re preparing to scale-up in western Europe and the US. Defentry protects personal data for millions of individuals around Europe, through a real-time 24/7 digital monitoring and alert service for individuals and companies.   – I’m…

The AI ​​platform Infobaleen aims to become a leader in the Nordics and Europe. This funding round, Spintop Ventures and existing investor Fort Knox are investing, together with new management Linda Hellström and Anna Sundin, martech veterans from CRM firm Kaplan, among others. The platform helps customers both follow up and act on the right…

When Lina Andersson, the founder and CEO of Once Upon, realized that she didn’t have one single printed photo of her daughter, she decided to build an easy to use photo book app to solve her problem. The existing photo book services were too complicated, she wanted a simple and smooth app with a beautiful…

Adway, an automated social recruitment marketing solution from Sweden, announced today that it has raised a €10 million Series A round from Octopus Ventures and existing investors, Spintop Ventures and Brightly Ventures. – Since our investment in Adway last year, the team has excelled in so many areas. Continuously improving their platform, international expansion, more…