Almi Invest

About Almi Invest

Almi Invest is Sweden's most active early-stage investor with approximately SEK 3.5 billion (€310 million) of total equity (€430 million lifetime managed; SEK 1.6 billion / €140 million raised for third-generation 2024-2029), headquartered in Stockholm with 8 regional VC funds plus 1 national GreenTech fund. The firm was founded in 2009 as a Swedish state initiative co-funded by the European Regional Development Fund, Almi AB and regional partners. Almi Invest has completed 1,000 plus investments since 2009 with 600 plus realised exits across the regional network.

Investment thesis

Almi Invest deploys capital through nine active funds (8 regional plus 1 national GreenTech), targeting early-stage venture capital seed and Series A minority stakes via a co-invest model (always alongside private capital). The evergreen recycling at regional fund level supports continuous deployment. Sector focus spans tech and SaaS, life sciences and medtech, deep tech, industry and sustainability, greentech and climate, fintech, gaming and media and IoT. Geographic deployment spans all 16 Swedish regions (Stockholm, Eastern Mid Sweden, Mid Sweden, Northern Sweden, Småland and Öarna, Southern Sweden, Västsverige and Östra Götaland).

Recent activity

Recent realised exits include industrial IoT and edge (Crosser, December 2025), IAM and cybersecurity (Axiomatics, July 2025) and mobile safety and tech (2024). Recent acquisitions include the third-generation fund raise SEK 1.6 billion (2024) plus the GreenTech fund SEK 1.2 billion (2023) and 80 plus new portfolio entries per year. The platform continues active deployment across the Swedish regional network.

Frequently asked questions

What investment strategy does Almi Invest focus on?

Almi Invest focuses on VC strategies in the private equity space.

How many portfolio companies does Almi Invest have?

Almi Invest has 316 active portfolio companies and 17 completed exits and 2 funds tracked on GP Intel.

Where is Almi Invest headquartered?

Almi Invest is headquartered in Stockholm, Sweden.

When was Almi Invest founded?

Almi Invest was founded in 2009.

What sectors does Almi Invest invest in?

Almi Invest invests across TMT, Industrials, Healthcare, Energy.

What are Almi Invest's recent exits?

Recent realized exits by Almi Invest include: Billhop (2026) to Ramp; Limina (2026) to Arcesium; Limina Financial Systems (2026) to Arcesium; Trialbee (2026) to Varsity Healthcare Partners; Axiomatics (2025) to Leonardo; Bintel (2025) to Reen; Gnosco (2025) to Omda; Gigital (2024) to Meetly AB.