Investor Type | Firm |
Industries | IT (& TMT) • Education • BioTech • Businesses Solutions • FinTech (& Financials services) • Hardware (& Manufacturing) • Energy • CleanTech • Material Science • Real Estate (& Construction) • Investment Management • Life Science • Consumer |
Investing | Sweden |
Investment Range | $1,000,000 - $11,000,000 |
ALMI Invest AB is a venture capital company that specializes in investing in Swedish companies with scalable business models and driven entrepreneurs. Founded in 2009 by ALMI Företagspartner and regional investors, ALMI Invest operates as an evergreen fund—meaning that all generated profits are reinvested into the fund. The fund runs a total of SEK 1 billion, with half of its capital coming from European Union structural funds, amounting to an investment of SEK 500 million. The remaining 50% is contributed by regional investors and ALMI Företagspartner. ALMI Invest is uniquely versatile in its investment choices, considering the strength of the entrepreneurial team, scalability of the business model, and evidence of initial revenue over the specific industry line. Initial investments typically range from SEK 2-4 million with the possibility of investing up to SEK 10 million over the lifetime of the investment. The fund invests in a broad spectrum of industries including IT & TMT, Education, BioTech, Business Solutions, FinTech & Financial Services, Hardware & Manufacturing, Energy, CleanTech, Material Science, Real Estate & Construction, Investment Management, Life Science, and Consumer sectors. ALMI Invest prefers to co-invest, acquiring a maximum of 50% of the shares in any new share issue or convertible bond round, partnering with other venture capitalists or angel investors from Sweden or elsewhere. The fund's minimum investment is SEK 1 million, with a maximum of SEK 11 million. ALMI Företagspartner, through its various services, aims to nurture Sweden’s economic growth by offering financing in the form of loans and venture capital, as well as guidance in business development for small and medium-sized enterprises. Their services are designed to supplement the private market by providing necessary support where it's lacking. Moreover, the organization emphasizes the importance of sustainability in business practices, which reflects their commitment to ensuring companies remain relevant and successful in the long run.