About Ideon Innovation
Ideon Innovation, an accelerator and incubator program founded in 2001, is based in Lund, Sweden. With a presence in 7 countries, it has supported around 169 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, Ideon Innovation has witnessed 18 portfolio exits. Most notable companies in
its portfolio include Storytel, BONESUPPORT and Trialbee. The program is backed by a team of 4 people who primarily support Grant (prize money) startups based in Sweden. Its latest investment was a $5.45K Grant (prize money) round in Vultus on Dec 15, 2016.
Key Metrics
Founded Year
2001
Location
Lund, Sweden
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Ideon Innovation's List of Top Investments
Ideon Innovation has a portfolio of 169 companies. Their most notable investmentis in SpeximoTheir portfolio spans across Sweden, Finland, Germany and 4 more locations. They have invested in Enterprise Applications, High Tech, Food and Agriculture Tech and 33 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by Ideon Innovation:
1. Storytel
Provider of streaming service for audiobooks, ebooks, and original content. It offers a digital platform with a library of stories. The platform allows content creators and users to connect. It provides access to a wide selection of digital books.
Key facts about Storytel
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Annual Revenue: $100M - $500M as on Dec 31, 2020
- Stage: Public
- Employee Count: 593 as on May 31, 2026
- Investors: Handelsbanken, Vitruvian Partners and 8 Others
- Latest Funding Round: Post IPO, Mar 10, 2021, $*****
- Highlight: Public

2. BONESUPPORT
Bonesupport is a Swedish medical technology company dedicated to the development injectable osteoconductive biomaterials for the treatment of fractures caused by osteoporosis, and bone voids or gaps in bone caused by trauma, disease or related to surgical procedures. Its product CERAMENT manufactured using Calcium Sulphate and Hydroxyapatite combined with liquid Iohexol, with its unique properties, is a biphasic injectable ceramic bone substitute intended for bone voids that mimics the properties of cancellous bone and is replaced by bone during the healing process.
Key facts about BONESUPPORT
- Founded Year: 2000
- Location: Lund (Sweden)
- Annual Revenue: £1M - £10M as on Dec 31, 2020
- Stage: Public
- Total Funding till date: $101M
- Employee Count: 201 as on May 31, 2026
- Investors: Lundbeck Foundation, Stage Capital and 15 Others
- Latest Funding Round: Series C, Oct 26, 2016, $*****
- Highlight: Public
3. Trialbee
Trialbee provides mobile and web-based platform for clinical trial recruitment, online study feasibility evaluation, study retention and electronic data capture solutions to pharmaceutical companies. Received Red Herring Top 100 Global Awards 2015. Founded in 2010 and is based in Malmo, Sweden.
Key facts about Trialbee
- Founded Year: 2010
- Location: Malmo (Sweden)
- Stage: Acquired
- Total Funding till date: $27.1M
- Employee Count: 131 as on May 31, 2026
- Investors: Industrifonden, MTIP and 5 Others
- Latest Funding Round: Series B, Apr 28, 2020, $*****
- Highlight: Acquired
4. Serstech
Provider of solutions for detecting and monitoring chemicals and explosives. It provides users with a platform that offers the identification of chemicals such as explosives, narcotics, hazardous chemicals and chemical warfare agents. It also provides intelligent system software solutions.
Key facts about Serstech
- Founded Year: 2006
- Location: Lund (Sweden)
- Stage: Public
- Total Funding till date: $1.4M
- Employee Count: 40 as on May 31, 2026
- Investors: Europa and Ideon Innovation
- Latest Funding Round: Grant (prize money), Jul 01, 2020, $*****
- Highlight: Public
Ideon Innovation's Investments by Stage
Ideon Innovation has made 1 investment in Grant (prize money) stage with an average round size of $5.45K and 1 investment in Seed stage with an average round size of $28.6K.Ideon Innovation's Investments by Sector
Ideon Innovation has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Food and Agriculture Tech and Sustainability Tech. Notably, it has invested in 86 Tech companies, 65 Enterprise (B2B) companies, 46 Software companies and at least 26 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
Enterprise Applications | 1 |
Environment Tech | 1 |
Food and Agriculture Tech | 1 |
Sustainability Tech | 1 |
Note: We have considered here, only first round of investments
Ideon Innovation's Investments by Geography
Ideon Innovation has made most investments in Sweden (2).Ideon Innovation's recent investments
Ideon Innovation has not made any investment in 2026 so far.Here are the most recent investments by Ideon Innovation:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 15, 2016 | Sweden | Grant (prize money) | 2679 | - | |
Jun 18, 2012 | Sweden | Seed | 6140 | - |
IPOs and Publicly Listed companies in Ideon Innovation's Portfolio
7 of Ideon Innovation's portfolio companies have become public. Storytel got listed on the New York Stock Exchange (NYSE), in Dec 2018 at marketcap of $758M and Terranet got listed on the London Stock Exchange (LSE).Here are Ideon Innovation's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 07, 2018 | - | - | 3256 | |
Jan 15, 2018 | - | - | 8883 | |
Jun 22, 2017 | - | - | 1482 | |
Jun 08, 2017 | - | - | 4651 | |
Apr 22, 2016 | - | - | 5982 |
Acquired companies in Ideon Innovation's Portfolio
11 companies from Ideon Innovation's portfolio have been acquired. The most recent acquisition was Trialbee in Jan 2026 by Varsity Healthcare Partners for $*****.Here are Ideon Innovation's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 07, 2026 | - | - | 3434 | |
Nov 10, 2025 | - | - | 8595 | |
Jun 21, 2023 | - | - | 6953 | |
May 26, 2023 | - | - | 3858 | |
Apr 27, 2022 | - | - | 7086 |
Team profile of Ideon Innovation
Ideon Innovation has a team of 4 members including 3 Partners and 1 Principal located in Sweden. Ideon Innovation's team does not sit on the board of any company as of now.Here is a list of all team members in Ideon Innovation:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Malmo | - | ||
Partner | Sweden | - | ||
Partner | Malmo | - | - | |
Principal | Lund | - |
Co-investors of Ideon Innovation
Over the past 14 years, 6 investors have co-invested in Ideon Innovation's portfolio companies. This includes funds and angels.
- Invested after Ideon Innovation: A total of 6 investors have invested in Ideon Innovation's portfolio after their investments. Top Investors include Almi Invest (2 companies) and Norrsken Foundation (1 company).
