About Blackheat Equity
Blackheat Equity is a venture capital firm founded in 2022. It is primarily based out of Gothenburg, Sweden. As of May 2022, Blackheat Equity has invested in 9 companies. It primarily invests in Seed round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and Consumer. Most recently it participated in the $***** Seed round of Hormona Overall, Blackheat Equity portfolio has seen 1 acquisition, namely Northe. A lot of funds co-invest with Blackheat Equity, with names like Techstars sharing a substantial percentage of its portfolio. Blackheat Equity has team of 2 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Blackheat Equity's List of Top Investments
Blackheat Equity has a portfolio of 9 companies. Their most notable investments include Quartr and Hormona.Their portfolio spans across Sweden, United Kingdom and United States. They have invested in Enterprise Applications, HealthTech, Consumer and 9 other sectors, across stages such as Seed stage. Here is the list of top investments by Blackheat Equity:1. Quartr
App-based research and relations management platform for individuals and companies. The app lets users access company information easily and does research on their own. Users can find out which part of the call the investor community finds interesting, jump directly to Q&As, listen at a different speed, as well as scroll through the conference call deck, report or transcript while listening. The app is available on both Android and iOS platforms.
Key facts about Quartr
- Founded Year: 2012
- Location: Stockholm (Sweden)
- Stage: Series A
- Total Funding till date: $23M
- Employee Count: 1 - 10 as on Jul 01, 2024
- Investors: Flat Capital, Centripetal and 12 Others
- Latest Funding Round: Series A, Aug 07, 2025, $*****
- Highlight: Editors' Pick
2. Hormona
Provider of a home-based test for tracking hormone levels. The company offers first of its kind at-home hormone test, connected to the Hormona hormone tracking app, to test hormone levels in the comfort of your home and can receive personalized insights. Also, users can track symptoms of the menstrual cycle and hormones.
Key facts about Hormona
- Founded Year: 2019
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $11M
- Employee Count: 2 as on Dec 31, 2021
- Investors: Techstars, Voima Ventures and 9 Others
- Latest Funding Round: Seed, May 27, 2025, $*****
- Highlight: Editors' Pick
3. Cappy
Payroll management solutions for businesses. It offers solutions for payment management, employee satisfaction, salary management, job satisfaction, loyalty, and more. It also collects information about time worked & earned a salary from the systems to make the salary visible and available to both hourly-paid & monthly-paid employees
Key facts about Cappy
- Founded Year: 2020
- Location: Gothenburg (Sweden)
- Stage: Seed
- Total Funding till date: $724K
- Employee Count: 14 as on Mar 31, 2026
- Investors: Almi Invest, Blackheat Equity and 2 Others
- Latest Funding Round: Seed, May 27, 2021, $*****
- Highlight: Editors' Pick
4. Northe
Key facts about Northe
- Founded Year: 2022
- Location: United States
- Stage: Acquired
- Investors: Blackheat Equity and futurology ventures
- Highlight: Acquired
5. Utilifeed
{}
Key facts about Utilifeed
- Founded Year: 2016
- Location: Gothenburg (Sweden)
- Stage: Seed
- Total Funding till date: $1.97M
- Employee Count: 29 as on Jan 31, 2026
- Investors: Blackheat Equity and PropTech Farm
- Latest Funding Round: Seed, Sep 09, 2021, $*****
Blackheat Equity's Year-on-Year Investment Trends
Its most recent first time investment was in Hormona.Blackheat Equity's Investments by Stage
Blackheat Equity has made 1 investment in Seed stage with an average round size of $1.5M.Blackheat Equity's Investments by Sector
Blackheat Equity has a diverse portfolio, with companies operating in the HealthTech and Sustainability Tech. Notably, it has invested in 9 Tech companies, 6 Consumer (B2C) companies, 6 Software companies and at least 5 companies focusing on Enterprise (B2B).Blackheat Equity's Investments by Geography
Blackheat Equity has made most investments in United Kingdom (1).Blackheat Equity's recent investments
Blackheat Equity has not made any investment in 2026 so far.Here are the most recent investments by Blackheat Equity:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 26, 2022 | United Kingdom | Seed | 9406 | [+1] |
Acquired companies in Blackheat Equity's Portfolio
1 company from Blackheat Equity's portfolio has been acquired. The most recent acquisition were Northe in Aug 2025 by Virta.Here are Blackheat Equity's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 25, 2025 | - | - | 9236 |
Team profile of Blackheat Equity
Blackheat Equity has a team of 2 members including 2 Partners located in Sweden. Blackheat Equity's team does not sit on the board of any company as of now.Co-investors of Blackheat Equity
Over the past 4 years, 5 investors have co-invested in Blackheat Equity's portfolio companies. This includes funds and angels.
- Top Co-investors of Blackheat Equity: 2 investors entered a company along with Blackheat Equity. These include investors like Techstars (1 company).
- Invested after Blackheat Equity: A total of 3 investors have invested in Blackheat Equity's portfolio after their investments. Top Investors include Voima Ventures (1 company), Supernode Global (1 company) and DLF Venture (1 company).
