EQT Ventures
Pan-European/US multi-stage technology VC and the venture arm of EQT Group, backing early-stage 'Generation-Defining Companies'; has backed 140+ founding teams across three fund generations with a EUR 2-50M investment range. Distinct from EQT (buyout) and EQT Growth.
AUM
€2.3B
Funds
3
vintages 2016–2023
Portfolio
93
Exits
23
EQT Ventures is a Stockholm venture capital firm with €2.3B AUM, 93 active companies and 23 exits.
Key takeaways
- ·19 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 23 realized deals: 4 years.
- ·Fund cadence: ~4Y between vintages · last raise 2023.
Sector breakdown
116 companiesAI/ML
25 · 22%
Fintech
15 · 13%
SaaS
12 · 10%
HealthTech
7 · 6%
Deep Tech
6 · 5%
HR Tech
6 · 5%
Gaming
6 · 5%
ClimateTech
5 · 4%
Geography breakdown
15 geographiesUK
25 · 22%
Germany
24 · 21%
Sweden
20 · 17%
US
14 · 12%
France
10 · 9%
Finland
7 · 6%
Netherlands
5 · 4%
Norway
2 · 2%
Key facts
Coverage notes
3 funds tracked, 116 portfolio companies (93 active · 23 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund EQT Ventures has raised, with its portfolio companies. Hand-checked from public filings.
3 funds
Fund
Strategy
Vintage
Size
Assets
Exits
EQT Ventures IIIVC202336 assetsVC2023 · 3yr–36–
Unrealized
36 held| Company | Entry |
|---|---|
| 1X Deep Tech · Norway | 2024 |
| Argil AI/ML · France | 2024 |
| Baller League Consumer · Germany | 2024 |
| Beside SaaS · France | 2024 |
| Biolevate HealthTech · France | 2024 |
| Camion ClimateTech · UK | 2023 |
| Clarifeye AI/ML · Sweden | 2025 |
| dottxt AI/ML · US | 2024 |
| ecoplanet ClimateTech · Germany | 2024 |
| evroc Cloud Infrastructure · Sweden | 2023 |
| Fly.io Cloud Infrastructure · US | 2023 |
| Generative Engineering Deep Tech · UK | 2023 |
| Hume.AI AI/ML · US | 2024 |
| Kaiber AI/ML · US | 2024 |
| Kota HR Tech · Ireland | 2023 |
| Marvel Fusion Deep Tech · Germany | 2025 |
| MarvelX AI/ML · Netherlands | 2025 |
| Meridian Fintech · Netherlands | 2024 |
| Mistral AI AI/ML · France | 2025 |
| Moonscale AI/ML · Germany | 2024 |
| Odyssey AI/ML · UK | 2024 |
| Packmatic E-commerce · Germany | 2024 |
| Paid Fintech · UK | 2024 |
| Parloa AI/ML · Germany | 2023 |
| Payrails Fintech · Germany | 2023 |
| Pruna AI AI/ML · Germany | 2024 |
| Qevlar AI Cybersecurity · France | 2023 |
| Sifflet Data & Analytics · France | 2023 |
| Stacks Fintech · Netherlands | 2024 |
| Strawberry AI/ML · Sweden | 2025 |
| Syntetica AI/ML · UK | 2024 |
| Talentium HR Tech · Finland | 2024 |
| The Exploration Company Aerospace & Defence · Germany | 2023 |
| ViridiCO2 ClimateTech · UK | 2023 |
| Vsim AI/ML · UK | 2024 |
| Ylookup AI/ML · UK | 2026 |
EQT Ventures IIHarvestingVC2019€660M39 assets10 exitsVC2019 · 7yr€660M3910
Unrealized
39 held| Company | Entry |
|---|---|
| Anyfin Fintech · Sweden | 2020 |
| Beat81 Consumer · Germany | 2019 |
| Candela Mobility · Sweden | 2021 |
| Cleo Fintech · UK | 2020 |
| Depict.AI AI/ML · Sweden | 2021 |
| Einride Mobility · Sweden | 2019 |
| Endgame SaaS · US | 2022 |
| Flow Engineering SaaS · UK | 2022 |
| Formo FoodTech · Germany | 2021 |
| Frontify SaaS · Switzerland | 2020 |
| Griffin Fintech · UK | 2020 |
| Heart Aerospace Aerospace & Defence · Sweden | 2019 |
| Infinit Fintech · France | 2022 |
| Insempra Biotech · Germany | 2021 |
| Instabee Logistics · Sweden | 2021 |
| Juni Fintech · Sweden | 2021 |
| Kive AI/ML · Sweden | 2020 |
| Knoetic HR Tech · US | 2022 |
| Lenus HealthTech · Denmark | 2021 |
| Let's Do This Hospitality · UK | 2019 |
| Linearity SaaS · Germany | 2021 |
| Moralis DevTools · Sweden | 2021 |
| Netlify DevTools · US | 2020 |
| Nothing Consumer · UK | 2022 |
| Onramper Fintech · Netherlands | 2022 |
| Peanut HealthTech · UK | 2020 |
| Playsome Gaming · Finland | 2021 |
| Seeqc Deep Tech · UK | 2020 |
| Standard AI AI/ML · US | 2019 |
| Superlist SaaS · Germany | 2022 |
| SuperNormal SaaS · Sweden | 2020 |
| Supernova Software · UK | 2021 |
| Timeless Fintech · Germany | 2021 |
| Traplight Gaming · Finland | 2020 |
| Unmind HealthTech · UK | 2021 |
| Vectary SaaS · Slovakia | 2020 |
| Verkor ClimateTech · France | 2021 |
| Vev SaaS · Norway | 2021 |
| Volt Fintech · UK | 2021 |
Realized
10 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Airkit AI/ML · US | 2021 | 2023 | Trade Sale | Salesforce | – |
| Cytora InsurTech · UK | 2019 | 2025 | Trade Sale | Applied Systems | – |
| Owwn Fintech · Germany | 2021 | 2023 | Trade Sale | Getsafe | – |
| Peltarion AI/ML · Sweden | 2020 | 2022 | Trade Sale | King | – |
| Popcore Gaming · Germany | 2020 | 2022 | Trade Sale | Zynga | – |
| Reworks Gaming · Finland | 2020 | 2021 | Trade Sale | Playtika | – |
| Sana Labs AI/ML · Sweden | 2021 | 2025 | Trade Sale | Workday | – |
| Sonantic AI/ML · UK | 2020 | 2022 | Trade Sale | Spotify | – |
| Supplant FoodTech · UK | 2021 | 2025 | – | – | – |
| WarDucks Gaming · Ireland | 2019 | 2024 | – | – | – |
EQT Ventures IHarvestingVC2016€566M18 assets13 exitsVC2016 · 10yr€566M1813
Unrealized
18 held| Company | Entry |
|---|---|
| Acerta Analytics Data & Analytics · Canada | 2018 |
| AnyDesk SaaS · Germany | 2018 |
| Banking Circle Fintech · Luxembourg | 2018 |
| Beamery HR Tech · UK | 2018 |
| Buena PropTech · Germany | 2017 |
| Codacy DevTools · Portugal | 2017 |
| HackerOne Cybersecurity · US | 2017 |
| Handshake HR Tech · US | 2018 |
| Holidu Hospitality · Germany | 2015 |
| Min Doktor HealthTech · Sweden | 2016 |
| Natural Cycles HealthTech · Sweden | 2017 |
| Oden Technologies Industrials · US | 2015 |
| Pelago HealthTech · UK | 2018 |
| Permutive AdTech · UK | 2018 |
| Standard Cognition AI/ML · US | 2018 |
| Token Fintech · UK | 2017 |
| Varjo Deep Tech · Finland | 2017 |
| Wandelbots Deep Tech · Germany | 2018 |
Realized
13 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Baffin Bay Networks Cybersecurity · Sweden | 2018 | 2023 | Trade Sale | Mastercard | – |
| Calldesk AI/ML · France | 2017 | 2022 | Trade Sale | Future Look | – |
| HeadSpin DevTools · US | 2018 | 2020 | Recapitalization | – | – |
| Hubs Industrials · Netherlands | 2018 | 2021 | Trade Sale | Protolabs | – |
| Peakon HR Tech · Denmark | 2017 | 2021 | Trade Sale | Workday | – |
| riskmethods SaaS · Germany | 2017 | 2023 | Trade Sale | Achilles | – |
| Service Partner One SaaS · Germany | 2017 | 2021 | Trade Sale | Alfred Kärcher SE & Co. KG | – |
| Silexica DevTools · Germany | 2017 | 2021 | Trade Sale | Xilinx | – |
| Small Giant Games Gaming · Finland | 2017 | 2019 | Trade Sale | Zynga | – |
| Tinyclues AI/ML · France | 2017 | 2022 | Trade Sale | MediaGo | – |
| Unomaly Cybersecurity · Sweden | 2016 | 2020 | Trade Sale | LogicMonitor | – |
| Watty ClimateTech · Sweden | 2016 | 2019 | Trade Sale | Discovergy | – |
| Wolt FoodTech · Finland | 2016 | 2022 | Trade Sale | DoorDash | – |
Frequently asked questions
- What investment strategy does EQT Ventures focus on?
- EQT Ventures focuses on VC strategies in the private equity space.
- How many portfolio companies does EQT Ventures have?
- EQT Ventures has 93 active portfolio companies and 23 completed exits and 3 funds tracked on GP Intel.
- Where is EQT Ventures headquartered?
- EQT Ventures is headquartered in Stockholm, Sweden.
- What is EQT Ventures's assets under management?
- EQT Ventures manages approximately €2.3B in assets under management.
- When was EQT Ventures founded?
- EQT Ventures was founded in 2016.
- What sectors does EQT Ventures invest in?
- EQT Ventures invests across TMT, Software.
- What are EQT Ventures's recent exits?
- Recent realized exits by EQT Ventures include: Cytora (2025) to Applied Systems; Sana Labs (2025) to Workday; Airkit (2023) to Salesforce; Owwn (2023) to Getsafe; Baffin Bay Networks (2023) to Mastercard; riskmethods (2023) to Achilles; Peltarion (2022) to King; Popcore (2022) to Zynga.
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Last updated August 2026 · Sourced from public filings · Report an issue