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…

Stockholm-based sustainability platform Worldfavor has today announced a Series A funding round of 105.3mn SEK/€10.2mn, that will fuel growth and expansion plans.  The round was led by leading Nordic corporate bank, Stockholm-based SEB, and existing investors Brightly Ventures and Spintop Ventures also participated in the round. The equity round means that Worldfavor has raised €13.4mn…

Great news from our portfolio company Once Upon as they take a big step with the launch of the world’s first seamless photo book creation.  Swedish Once Upon has had a rapid growth since their start in 2017 and increased their revenue more than 15x since Spintop first invested in the company in 2018. The…

Spintop Ventures proudly presents the new Spintop Fund IV. Investors and the early-stage technology companies Spintop invests in have shown a strong trust in the active engagement, the long-term commitment and the vast experience of the Spintop team. As a result, Spintop is now trusted to manage a total amount approaching 2 billion SEK. “Our…

AlexisHR closes EUR 1.8 million seed round led by Spintop Ventures. The funding will fuel further expansion and positioning in the Nordics and Europe to simplify daily HR operations with the vision to become employees’ most loved people platform.  Alexis’ mission is to change the way companies deal with their people administration by making it…

Finnish startup Gubbe raises a 4 MEUR round to speed up Finnish expansion and international roll-out of their business supporting elderly combat loneliness through access to Gubbe helpers. The round was led by Spintop Ventures , in syndication with Tesi (Finnish Industry Investment Ltd), a large and recognized family office and high-profile angel investors. The…

Alexander Hars is a successful technology entrepreneur and angel investor based in Göteborg, Sweden. He has spent the last 20+ years building software-based companies in the Nordics, especially in the fields of digital consumer services and e-commerce. ”As a leading Nordic early stage technology venture capital firm, we want to bring the best possible competence…

We are pleased to announce that our portfolio company Acamp has acquired Ställplatser, a camping community app with over 100,000 active users across Europe. The camping app is a popular register for campers and camping hosts, both in and outside the Nordic region. The acquisition is an important step towards further operational expansion across the…

Acamp welcomes new investors Spintop Ventures and LRF Ventures, alongside current investor Centripetal Capital, in the Swedish tech company’s biggest round so far. The fresh funds will be used to accelerate growth and expand operations. Acamp’s mission is to make it easy for campers to explore and book great places to camp. Born out of…

MariaDB Corporation Ab to Become a Publicly Traded Company via Combination with Angel Pond Holdings Corporation MariaDB, Fast Growing, Popular Open Source Database Software Company, Will Enter Its Next Growth Phase with New York Stock Exchange Listing in Partnership with NYSE-Listed Angel Pond Holdings Corporation. MariaDB is at the nexus of open source software and…

Erik Skogetun and Jonathan Rintala, two former students at Sweden’s top engineering university, founded Univid after seeing a gap in the market for an interactive and user-friendly event platform. After a flying start for the company as official supplier for the world’s largest political fair, Almedalen, and with Facebook as its first major customer, the company has now raised EUR 800,000 in funding to continue its expansion.

IndyRIOT raises a $3M SEED round to help communities take ownership of their own data The round was led by Spintop Ventures, in syndication with Lyse Vekst and a number of high-profile investment firms and angels. September 27th 2021, Oslo: Today, indyRIOT – the self proclaimed game changer in community platforms – announces it has…

Isabel joins Spintop Ventures from Arctic Securities, and will be based in Stockholm. Isabel has previous experience from investment banking with a focus on capital raising for early-stage companies, IPOs and M&A. She has also lived in the UK for 7 years where she studied law and later worked for a global fintech company before…

We are pleased to inform that Klarna has acquired APPRL. The transaction allows APPRL to connect even more retailers and content creators as global consumers embrace social shopping. The founders Martin Landén and Gustav Gisseldahl have successfully built a business that has aggressively grown their customer base with household brand names. We now look forward…

We are pleased to having completed the exit from, our first ever investment, Trifecta Retail Ventures (TRV). TRV was the holding company resulting from our initial investment in Finnish company DealDash. It has been a wild and somewhat unpredictable journey together with maverick teenage entrepreneur William Wolfram and his excellent management team Pasi Lohi and…

We are pleased to inform that Azerion has acquired Strossle. The transaction allows Strossle to continue creating value to advertisers that respect users’ right to digital privacy. Advertisers are increasingly seeking out privacy safe, non-intrusive advertising formats. Strossle services like the content recommendation and native solutions play into this trend because they allow their advertisers…