EQT Ventures
UnclaimedAt a Glance
- Check Size
- $. – $.
- Stage
- Pre-Seed, Seed, Series A, Series B+
- AUM
- $1.4B
- Sectors
- Consumer, Marketplace, Enterprise +2
- Founded
- 2016
- HQ
- Stockholm, Sweden
About EQT Ventures
EQT Ventures is a venture capital firm based in Stockholm, Sweden founded in 2016. We partner with founders building Generation-Defining Companies (GDCs) – the ones who dream big and aim to shape the next decade. The firm focuses on Pre-Seed, Seed, Series A, Series B+ investments across sectors including Aerospace & Defense, Other, Consumer, Fintech, Climate.
The firm manages $1.4B in assets under management. Notable portfolio companies include Wolt, Einride, Small Giant Games, Typeform, Depop, Soundtrack Your Brand and Kry. Early-stage venture capital investing in European tech companies with global ambitions, leveraging data-driven investment approach.
Investment Thesis
“Early-stage venture capital investing in European tech companies with global ambitions, leveraging data-driven investment approach.”
Leadership Team
EQT Ventures was built by Hjalmar Winbladh, the Swedish entrepreneur behind Rebtel and Wrapp, alongside Kees Koolen and Lars Jornow. Winbladh remains a founding partner. Jornow, also a founding partner, announced his departure in July 2025 as part of a wider reshuffle tied to a larger United States push.
Ali Mitchell is partner and head of EQT Ventures. Sandra Malmberg joined the partnership in 2023 and serves as partner and chief operating officer. Ted Persson is operating partner for brand and communications, a full-time design and brand seat that is unusual inside a European venture partnership and reflects the firm's emphasis on helping companies build consumer-grade identity early. The team is based in Stockholm with investors across the firm's European offices and a growing presence in San Francisco.
Sector Focus
Investment Stage
Notable Portfolio Companies
Fund History
- EQT Ventures launched in May 2016 with EQT Ventures I at 566 million euros of commitments, then the largest first-time European venture fund, led by Hjalmar Winbladh, Kees Koolen and Lars Jornow.
- EQT Ventures II followed at 660 million euros in 2019.
- EQT Ventures III held a final close in November 2022 at 1.1 billion euros of total commitments, 1 billion euros of it fee-generating, making it the largest European fund dedicated to early-stage technology investing across Europe and North America.
- The funds sit inside EQT AB, the listed Swedish private markets group, which gives the venture team access to a far larger institutional limited partner base than a standalone emerging manager could reach.
- A defining feature across all three vintages is Motherbrain, an in-house data platform the firm built to source and screen companies algorithmically rather than by inbound referral, and which EQT has since extended to other strategies across the group.
Frequently Asked Questions
What stage does EQT Ventures invest at?
EQT Ventures primarily invests at the Pre-Seed, Seed, Series A, Series B+ stages. This means they focus on companies that are at the earliest idea or prototype phase.
Where is EQT Ventures located?
EQT Ventures is headquartered in Stockholm, Sweden. Many of their portfolio companies are also based in this region, though they invest across geographies.
What sectors does EQT Ventures focus on?
EQT Ventures focuses on investments in Consumer, Marketplace, Enterprise, Digital Health, Gaming. Their portfolio reflects deep expertise and networks within these sectors.
What is EQT Ventures's typical check size?
EQT Ventures's typical investment check size ranges from $. to $.. Actual amounts may vary based on the stage, sector, and specific opportunity.
How much does EQT Ventures have under management?
EQT Ventures manages approximately $1.4B in assets under management (AUM) across their funds.
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