About Ideon Innovation
Ideon Innovation, an accelerator and incubator program founded in 2001, is based in Lund, Sweden. With a presence in 6 countries, it has supported around 170 startups in sectors like Enterprise Applications, High Tech. As of Jan 2026, Ideon Innovation has witnessed 17 portfolio exits. Most notable companies in
its portfolio include Storytel, BONESUPPORT and Trialbee. The program is backed by a team of 11 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 170 companies. Their most notable investmentis in SpeximoTheir portfolio spans across Sweden, Finland, Germany and 3 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
App-based subscription platform for e-books. It enables users to stream audiobooks and e-books across various genres including drama, thriller, comedy, romance, and more. Available on both Android and iOS devices.
Key facts about Storytel
- Founded Year: 2005
- Location: Stockholm (Sweden)
- Annual Revenue: 2.62B SEK as on Dec 31, 2020
- Stage: Public
- 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: £2.44M as on Dec 31, 2020
- Stage: Public
- Total Funding till date: $101M
- Employee Count: 105 as on Jul 01, 2024
- Investors: Stage Capital, AP3 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: 60 as on Jul 01, 2024
- Investors: MTIP, Industrifonden and 5 Others
- Latest Funding Round: Series B, Apr 28, 2020, $*****
- Highlight: Acquired
4. Bomill
Developer and manufacturer of wheat sorting systems for agricultural industry. It has developed sorting machines focusing on durum wheat, soft wheat and barley. It has developed TriQ a grain quality sorting technology.
Key facts about Bomill
- Founded Year: 1998
- Location: Vintrie (Sweden)
- Stage: Early Stage
- Total Funding till date: $4.96M
- Employee Count: 16 as on Jul 01, 2024
- Investors: Syngenta Group, Industrifonden and 6 Others
- Latest Funding Round: Grant (prize money), Feb 01, 2019, $*****
- Highlight: Editors' Pick
5. Terranet
AI-based tech solutions for advanced driver assistance and self-driving vehicles. Using a patented sensor technology it offers solutions that can scan the road and detects objects & ability to distinguish between different types of objects moving on the road so that the vehicle can act according to what the situation requires.
Key facts about Terranet
- Founded Year: 2004
- Location: Lund (Sweden)
- Stage: Public
- Employee Count: 31 as on Jul 01, 2024
- Investors: Bluehill VC, Hunter Capital and 1 Other
- 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 88 Tech companies, 66 Enterprise (B2B) companies, 47 Software companies and at least 27 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:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 15, 2016 | Sweden | Grant (prize money) | 6739 | - | |
Jun 18, 2012 | Sweden | Seed | 1633 | - |
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 | - | - | 4735 | |
Jan 15, 2018 | - | - | 2877 | |
Jun 22, 2017 | - | - | 8258 | |
Jun 08, 2017 | - | - | 8437 | |
Apr 22, 2016 | - | - | 3369 |
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Acquired companies in Ideon Innovation's Portfolio
10 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 | - | - | 1435 | |
Jun 21, 2023 | - | - | 3104 | |
May 26, 2023 | - | - | 7303 | |
Apr 27, 2022 | - | - | 9583 | |
Feb 02, 2022 | - | - | 8432 |
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Team profile of Ideon Innovation
Ideon Innovation has a team of 11 members including 7 Partners and 2 Principals located in Sweden. Ideon Innovation's team does not sit on the board of any company as of now.Here is a list of top team members in Ideon Innovation:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Lund | - | ||
Partner | Malmo | - | ||
Partner | Malmo | - | ||
Partner | Sweden | - | ||
Partner | Malmo | - | - | |
Partner | Malmo | - | - | |
Partner | Kalmar | - | - | |
Principal | Sweden | - | ||
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).
