TC
Turbine Capital Fund I
Sweden · Business services
Swedish venture capital fund backing early-stage Nordic deep tech companies through a network of industrial investors and university-linked incubators.
Product
Turbine Capital Fund I backs research-based technology companies in the Nordics. Its investment areas include semiconductors, industrial digitalisation, space and technologies supporting the energy transition.
The fund brings corporate investors together with seven university-linked incubators. That network connects startups with technical expertise, potential customers and capital as they move from laboratory work towards commercial production. Fund I has a 15-year horizon and initially set out to support 30–40 companies.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Fund I — final close | SEK 608M | European Investment Fund — ParticipantMycronic — ParticipantSaab Ventures — ParticipantSaminvest AB — ParticipantScania — ParticipantStena — ParticipantVolvo Cars — Participant |