EQT Ventures is a Sweden-based investment firm that provides growth capital to early-stage companies. As part of the EQT group, with over EUR 40 billion in assets under management, they were founded in 2013 and have made successful investments into companies like Hiber, iZettle and Klarna. In this article we’ll take an in-depth look at EQT Ventures and their Hiber 15m Series fund in greater detail.
Introduction to EQT Ventures
EQT Ventures is a venture capital firm that invests in early-stage companies, particularly digital consumer and enterprise businesses. In the consumer space, they search for businesses that are revolutionizing how people engage with technology and improving how we live and work; while in enterprise space, they look for businesses providing new solutions to make businesses more efficient and productive. Led by experienced investors passionate about supporting entrepreneurs as they build world-class businesses, EQT Ventures has an in-depth knowledge of the technology sector as well as an impressive track record for identifying and investing in high growth startups.
The Hiber 15m Series Fund
EQT Ventures’ Hiber 15m Series fund, raised in 2015, is its second fund dedicated to digital consumer and enterprise companies. This investment has included companies like Hiber – a provider of connected car technology – and Klarna – an online payment solutions provider.
Team Behind Hiber 15m Series by EQT Ventures
EQT Ventures, led by CEO Daniel Ek, is a Hiber 15m Series company founded by serial entrepreneur Daniel Ek. Daniel previously co-founded and CEO of Spotify, where he successfully scaled it from a startup to an international music streaming service with 200 million users. Additionally, Daniel has founded several other successful businesses such as Advertigo and Tradebit.
The team also includes CFO Anders Borg, who has over two decades of expertise in finance and investment banking. He has held senior positions at some of the world’s largest banks such as Goldman Sachs and Merrill Lynch. Partner Marcus Lindmark brings 15 years of expertise to venture capital and private equity; Partner Fredrik Cassel brings 10 years of expertise on venture capital and technology investments; and Partner Erik Byrenius brings 20 years of expertise from media and entertainment industries.
The Investment Process of Hiber 15m Series EQT Ventures
Hiber 15m Series EQT Ventures takes an intimate approach to investing. Their experienced team has extensive knowledge in various industries, allowing them to get to know the companies they invest in and comprehend their business models. Furthermore, they have extensive experience working with startups so can offer invaluable advice and suggestions for those they invest in. Ultimately, Hiber 15m Series EQT Ventures plays a vital role in supporting its portfolio companies, providing strategic advice, and working closely with management teams in order to help them reach their objectives.
The Hiber 15m Series EQT Ventures Portfolio
EQT Ventures boasts an impressive portfolio of over 30 companies, including some of the biggest names in tech such as Spotify, iZettle and Klarna. Hiber 15m Series EQT Ventures was established in 2017 with a mission to invest in early-stage businesses throughout Scandinavia and Baltics.