BackingMinds
BackingMinds is a Stockholm-based early-stage venture capital firm founded in 2016 by Susanne Najafi and Sara Wimmercranz that backs high-potential, often overlooked founders across sectors outside traditional VC networks.
AUM
–
Funds
2
vintages 2016–2022
Portfolio
20
Exits
2
Key facts
Coverage notes
2 funds tracked, 22 portfolio companies (20 active · 2 realized). Verified weekly from public filings and deal announcements.
Sector breakdown
22 companiesClimateTech
4 · 18%
Consumer
3 · 14%
TMT
2 · 9%
SaaS
2 · 9%
Energy
2 · 9%
Fintech
2 · 9%
EdTech
1 · 5%
FoodTech
1 · 5%
Funds & portfolio
Every fund BackingMinds has raised, with its portfolio companies. Hand-checked from public filings.
2 funds
BackingMinds Fund IIVC2022 · 4yr€50M14 active
Unrealized
14 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Consumer |  Sweden | 2023 | |
| ClimateTech | Sweden | 2024 | |
| ClimateTech | Sweden | 2025 | |
| ClimateTech | Sweden | 2025 | |
| TMT | Sweden | 2025 | |
| EdTech | Sweden | 2022 | |
| FoodTech | Sweden | 2023 | |
| ClimateTech |  Denmark | 2024 | |
| SaaS |  Finland | 2022 | |
| Logistics | Sweden | 2022 | |
| Energy | Sweden | 2023 | |
| Energy | Sweden | 2026 | |
| TMT | Sweden | 2025 | |
| Cybersecurity | Denmark | 2024 |
CampcationActive
ConsumerSweden· Entry 2023
Sweden· Entry 2023CemvisionActive
ClimateTechSweden· Entry 2024
Sweden· Entry 2024CetasolActive
ClimateTechSweden· Entry 2025
Sweden· Entry 2025HeliosActive
ClimateTechSweden· Entry 2025
Sweden· Entry 2025HybirdActive
TMTSweden· Entry 2025
Sweden· Entry 2025LingioActive
EdTechSweden· Entry 2022
Sweden· Entry 2022MyllaActive
FoodTechSweden· Entry 2023
Sweden· Entry 2023NitrovoltActive
ClimateTechDenmark· Entry 2024
Denmark· Entry 2024ServiceformActive
SaaSFinland· Entry 2022
Finland· Entry 2022SkrymActive
LogisticsSweden· Entry 2022
Sweden· Entry 2022Snerpa PowerActive
EnergySweden· Entry 2023
Sweden· Entry 2023TavionActive
EnergySweden· Entry 2026
Sweden· Entry 2026TechArenaActive
TMTSweden· Entry 2025
Sweden· Entry 2025UniqkeyActive
CybersecurityDenmark· Entry 2024
Denmark· Entry 2024BackingMinds Fund IVCHarvesting2016 · 10yr6 active · 2 realized
Unrealized
6 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| HealthTech | Sweden | 2020 | |
| Consumer | Sweden | 2018 | |
| Consumer | Sweden | 2020 | |
| Fintech | Sweden | 2016 | |
| SaaS | Sweden | 2021 | |
| AgTech | Sweden | 2018 |
BoneproxActive
HealthTechSweden· Entry 2020
Sweden· Entry 2020DenjoActive
ConsumerSweden· Entry 2018
Sweden· Entry 2018EquilabActive
ConsumerSweden· Entry 2020
Sweden· Entry 2020Transfer GalaxyActive
FintechSweden· Entry 2016
Sweden· Entry 2016TrustraceActive
SaaSSweden· Entry 2021
Sweden· Entry 2021VirkesborsenActive
AgTechSweden· Entry 2018
Sweden· Entry 2018Track BackingMinds
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Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Susanne Najafi
Founding Partner
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Sweden·€92MGet the full picture on BackingMinds.
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Geography breakdown across 3 geographies
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Last updated August 2026 · Sourced from public filings · Report an issue