Shaping the future of industrial innovation – announcing Kvanted and our first fund

Today, we are beyond excited to announce the launch of Kvanted, the first Nordic industrial tech VC. Our mission is to shape the future of industrial innovation. Kvanted’s first fund of €70 million is backing early-stage industrial tech startups across Northern Europe.

Kvanted was founded on the premise that the industrial sector, the backbone of the European economy, will thrive only when its full potential is unlocked through technology and digital transformation. That’s where we come in, partnering with the best industrial tech players who are transforming the industrial value chain.

We are particularly excited about software and hardware solutions that can lead to a major transformation in the industrial sector while building a more sustainable future. The biggest challenges of today, such as climate change and the decarbonization of our industries, cannot be solved by investing in software solutions alone. We also need solutions that exist in the physical world, and that is why we do not shy away from investing in hard tech. What are we looking for? We like startups in the realms of industrial automation, sustainability, and supply chain resilience – and entrepreneurs with bold ambitions to drive the next industrial revolution.

Our first investments and portfolio companies, Fractory and Resoniks, are both prime examples of players reinventing processes to enhance industrial efficiency. We cannot wait to see where our partnership will lead! 

Building industrial innovations takes a village, so we are bringing just that to our portfolio companies. We are thrilled to have these heavy hitters joining our journey as Venture Partners: Suvi Haimi, founder of biomaterial company Sulapac and board member at the Finnish Startup Community; Lars Peter Lindfors, Head of Innovation at Neste; and Kai Öistämö, CEO of Vaisala, and experienced and awarded investor Heikki Westerlund as board chair. This powerhouse of entrepreneurs and industry experts offers a wealth of knowledge and networks for our founders.

At this stage, our warmest thanks go to our fund investors, entrepreneurs, and advisors for their trust and encouragement – here’s to the next industrial revolution!

Full speed ahead!

Maria, Eerik and Axel