About Chalmers Ventures
Chalmers Ventures is a venture capital firm founded in 2015. It is primarily based out of Gothenburg, Sweden. As of Aug 2026, Chalmers Ventures is an active investor, having invested in 199 companies, with 5 new investments in the last 12 months. It primarily invests in Seed round in Sweden based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Life Sciences. Most recently it participated in the $***** Seed round of Solinide Photonics Overall, Chalmers Ventures portfolio has seen 11 IPOs and 22 acquisitions including key companies like Gapwaves, Minesto and Icomera. A lot of funds co-invest with Chalmers Ventures, with names like Almi Invest sharing a substantial percentage of its portfolio. Chalmers Ventures has team of 16 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Grant (prize money) & 2 more
Portfolio IPOs
Deals in last 12 months
Chalmers Ventures' List of Top Investments
Chalmers Ventures has a portfolio of 199 companies. Their most notable investments are in LumenRadio and Smart Health Care.Their portfolio spans across Sweden, United States, China and 3 more locations. They have invested in Enterprise Applications, High Tech, Life Sciences and 31 other sectors, across stages such as Seed, Grant (prize money) and 2 more. Here is the list of top investments by Chalmers Ventures:1. Gapwaves
Developer of mm-wave antenna systems for automotive radar and 5G applications. It provides radar antennas for driver-assistance systems and autonomous vehicles. Additionally, it offers low-loss, high-bandwidth phased array antennas for 5G wireless communication. It also manufactures waveguide flange adapters and filters for use in telecommunication and radar products. These products are designed for high performance and compact integration.
Key facts about Gapwaves
2. Minesto
Developer of subsea kite systems designed to generate electricity from tides. The company’s technology uses underwater kites to capture energy from tidal streams and ocean currents. These systems are designed to be lightweight and modular. The technology aims to provide a predictable and affordable source of renewable energy.
Key facts about Minesto
- Founded Year: 2007
- Location: Gothenburg (Sweden)
- Stage: Public
- Total Funding till date: $2.5M
- Employee Count: 46 as on Jun 30, 2026
- Investors: European Innovation Council, EIC Fund and 11 Others
- Latest Funding Round: Grant (prize money), Feb 07, 2024, $*****
- Highlight: Public
3. Equilab
Equilab is an app that provides insights on horse riding. The app enables riders to measure the movement of their horse with the help of the built-in sensors in their phone. This enables them to analyze their gait, stride, beat, pace, distance, speed, energy consumption, performance, and trends. They can get insights into how they ride their horse, how their training impacts the horse's health, and adapt their training process accordingly. As of February 2017, the solution is being used by 11,000 riders.
Key facts about Equilab
- Founded Year: 2016
- Location: Gothenburg (Sweden)
- Stage: Seed
- Total Funding till date: $401K
- Employee Count: 43 as on Jun 30, 2026
- Investors: Chalmers Ventures, ESA BIC Sweden and 2 Others
- Latest Funding Round: Seed, Jun 27, 2017, $*****
4. Melt&Marble
Platform offering plant-based meat alternative products. The company uses precision fermentation to create animal fats. It uses synthetic biology and metabolic engineering allowing to build of proprietary yeast strains. Its microbial metabolism can dictate the structure and properties of the fats that the microbes are producing, allowing to mimic the fat structure.
Key facts about Melt&Marble
- Founded Year: 2014
- Location: Gothenburg (Sweden)
- Stage: Series A
- Total Funding till date: $14.6M
- Employee Count: 24 as on Jun 30, 2026
- Investors: Industrifonden, European Innovation Council and 12 Others
- Latest Funding Round: Series A, Dec 08, 2025, $*****
- Highlight: Editors' Pick
5. Icomera
Icomera provides cellular broadband gateway routers for the passenger transport industries (bus, rail etc) enabling seamless wi-fi connectivity. Its products have multiple applications including passenger wi-fi, passenger infotainment, vehicle connectivity, fleet management, telematics, and safety & security. It provides solutions on an open system with an open architecture which is flexible and scalable.
Key facts about Icomera
- Founded Year: 1999
- Location: Gothenburg (Sweden)
- Stage: Acquired
- Employee Count: 314 as on Mar 31, 2026
- Investors: Engie and Chalmers Ventures
- Highlight: Acquired
Chalmers Ventures' Year-on-Year Investment Trends
Chalmers Ventures has invested in 199 companies over the last 25 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 7 investments, while as of Aug 2026, it has made 6 investments in this year. Its most recent first time investment was in Solinide Photonics and most recent follow-on round was in Detecht.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 2 | 6 |
2025 | 4 | 3 | 7 |
2024 | 3 | 3 | 6 |
2023 | 5 | 2 | 7 |
2022 | 1 | 2 | 3 |
2021 | 4 | 1 | 5 |
2020 | 3 | 0 | 3 |
2019 | 4 | 0 | 4 |
2018 | 6 | 0 | 6 |
2017 | 5 | 3 | 8 |
Chalmers Ventures' Investments by Stage
Chalmers Ventures has made 53 investments in Seed stage with an average round size of $916K, 3 investments in Grant (prize money) stage with an average round size of $60.6K, 3 investments in Series A stage with an average round size of $3.43M and 1 investment in Series B stage with an average round size of $1.94M.Stage of entry | No. of Investments |
|---|---|
Seed | 53 |
Grant (prize money) | 3 |
Series A | 3 |
Series B | 1 |
Note: We have considered here, only first round of investments
Chalmers Ventures' Investments by Sector
Chalmers Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Sustainability Tech, Life Sciences and Environment Tech. Notably, it has invested in 134 Tech companies, 125 Enterprise (B2B) companies, 89 Software companies and at least 50 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 22 |
High Tech | 17 |
Sustainability Tech | 13 |
Life Sciences | 10 |
Environment Tech | 9 |
Others | 68 |
Note: We have considered here, only first round of investments
Chalmers Ventures' Investments by Geography
Chalmers Ventures has made most investments in Sweden (60).Chalmers Ventures' recent investments
Chalmers Ventures has made 6 investments in 2026 so far. Solinide Photonics and Anferra are the latest among them.Here are the most recent investments by Chalmers Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2026 | Sweden | Seed | 7423 | [+4] | |
Jun 25, 2026 | Sweden | Seed | 8244 | [+1] | |
Jun 12, 2026 | Sweden | Seed | 4162 | [+1] | |
May 05, 2026 | Sweden | Seed | 8283 | - | |
Feb 10, 2026 | Sweden | Seed | 1247 | [+7] |
IPOs and Publicly Listed companies in Chalmers Ventures' Portfolio
11 of Chalmers Ventures' portfolio companies have become public. LumenRadio got listed on the Stockholm Stock Exchange (STO), in Dec 2022 and Smoltek got listed on the Spotlight Stock Market (XSAT) at marketcap of undefined.Here are Chalmers Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 09, 2022 | Mar 01, 2016 | Series A | 1603 | |
Feb 26, 2018 | - | - | 4841 | |
Nov 18, 2016 | - | - | 2686 | |
Dec 11, 2015 | - | - | 4320 | |
Apr 22, 2013 | - | - | 3082 |
Acquired companies in Chalmers Ventures' Portfolio
22 companies from Chalmers Ventures' portfolio have been acquired. The most recent acquisition was Elektron in Apr 2026 by Bonnier Capital for $*****.Here are Chalmers Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 08, 2026 | - | - | 4038 | |
Nov 15, 2024 | - | - | 3238 | |
Jan 23, 2024 | Sep 07, 2016 | Seed | 9058 | |
Sep 19, 2023 | Jul 11, 2016 | Seed | 9546 | |
Nov 01, 2022 | Jan 08, 2018 | Seed | 5140 |
Team profile of Chalmers Ventures
Chalmers Ventures has a team of 16 members including 3 Partners and 7 Principals located in Sweden. Chalmers Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Chalmers Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sweden | - | ||
Partner | Gothenburg | - | - | |
Partner | Sweden | - | ||
Principal | - | - | ||
Principal | Gothenburg | - | ||
Principal | Gothenburg | - | ||
Principal | Gothenburg | - | ||
Principal | Gothenburg | - | ||
Principal | Sweden | - | ||
Principal | Sweden | - |
Co-investors of Chalmers Ventures
Over the past 25 years, 121 investors have co-invested in Chalmers Ventures's portfolio companies. This includes funds and angels.
- Invested before Chalmers Ventures: Europa, Almi Invest and 15 others have invested in rounds before Chalmers Ventures. There are 5 companies where Europa has invested before Chalmers Ventures and 2 companies where Almi Invest has invested before Chalmers Ventures.
- Top Co-investors of Chalmers Ventures: 54 investors entered a company along with Chalmers Ventures. These include investors like Almi Invest (19 companies).
- Invested after Chalmers Ventures: A total of 50 investors have invested in Chalmers Ventures's portfolio after their investments. Top Investors include Europa (9 companies), EIC Fund (5 companies) and Almi Invest (4 companies).
Recent News related to Chalmers Ventures
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Arkeon Technologies Raises Seed Funding to Commercialize Quantum Chip TrimmingQuantum Computing Report•Jun 12, 2026•Navigare Ventures, Almi, Chalmers Ventures
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Vesiro Raises €1.6M for Elasticsearch Plugin to Cut Server Costs and Energy UseCision•Feb 10, 2026•Vesiro, Chalmers Ventures, Industrifonden, First Gate Invest and 3 others
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Fintower Raises €1.5M In Oversubscribed Seed RoundStartup Rise EU•Feb 05, 2026•Fin Tower, Stena, Akka Venture, Chalmers Ventures and 1 other
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Melt&Marble Raises $8.6M in Series A Funding RoundFoodengineeringmag•Jan 02, 2026•Melt&Marble, Valio, Chalmers Ventures, Valio Ventures and 4 others
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Melt&Marble Raises €7M in Series A FundingFinSMEs•Dec 08, 2025•Europa, Melt&Marble, Valio, Catalyzecapital and 4 others
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Chalmers Ventures invests further capital in DetechtIT Finans•Oct 22, 2025•Almi, Chalmers Ventures, , LF Networking
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Sweden’s Seaqure Labs raises €470K to turn food waste into fish and animal feedSilicon Canals•Aug 22, 2025•Seaqure labs, Chalmers Ventures, Almi
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Embedl Secures €5.5M to Enhance AI EfficiencyAngel News•Jun 20, 2025•EmbeDL, Fairpoint Capital, SEB, Chalmers Ventures
