About LRF Ventures
LRF Ventures is a venture capital firm located in Stockholm, Sweden. As of Mar 2025, LRF Ventures has invested in 10 companies. It primarily invests in Seed round in Sweden based startups. Its investments are spread across a wide range of sectors from Food and Agriculture Tech to Enterprise Applications and Environment Tech. Most recently it participated in the $***** Series A round of Gardsfisk A lot of funds co-invest with LRF Ventures, with names like InnoEnergy sharing a substantial percentage of its portfolio. LRF Ventures has team of 4 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
LRF Ventures' List of Top Investments
LRF Ventures has a portfolio of 10 companies. Their most notable investments are in NitroCapt and Acamp.Their portfolio spans across and Sweden. They have invested in Food and Agriculture Tech, Enterprise Applications, Environment Tech and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by LRF Ventures:1. NitroCapt
Key facts about NitroCapt
- Founded Year: 2016
- Location: Uppsala (Sweden)
- Annual Revenue: $0 - $1M as on Dec 31, 2023
- Stage: Seed
- Total Funding till date: $2.01M
- Employee Count: 19 as on Aug 31, 2026
- Investors: InnoEnergy, Almi Invest and 4 Others
- Latest Funding Round: Grant (prize money), Jul 01, 2023, $*****
- Highlight: Editors' Pick
2. Saveggy
Developer of plant-based protection designed to extend the freshness of produce. The protection utilizes a thin, edible layer composed of rapeseed oil and gluten-free oat oil. This formulation is designed to help fruits and vegetables retain their flavor and texture for a longer duration. The protection is produced to be free of additives and allergens.
Key facts about Saveggy
- Founded Year: 2020
- Location: Lund (Sweden)
- Stage: Seed
- Total Funding till date: $2.72M
- Employee Count: 18 as on Aug 31, 2026
- Investors: Eureka, Almi Invest and 7 Others
- Latest Funding Round: Seed, Apr 15, 2024, $*****
- Highlight: Editors' Pick
3. Improvin
Provider of carbon emission analysis solutions for food manufacturers. It claims that it helps food companies to measure, report and reduce greenhouse gas emissions in their own value chain.
Key facts about Improvin
- Founded Year: 2022
- Location: Stockholm (Sweden)
- Stage: Seed
- Total Funding till date: $3.86M
- Employee Count: 20 as on Aug 31, 2026
- Investors: Atomico, Dynamo Ventures and 5 Others
- Latest Funding Round: Seed, May 09, 2023, $*****
4. Acamp
Key facts about Acamp
- Founded Year: 2020
- Location: Stockholm (Sweden)
- Stage: Seed
- Total Funding till date: $2.86M
- Employee Count: 4 as on Sep 30, 2026
- Investors: Centripetal, Spintop Ventures and 2 Others
- Latest Funding Round: Seed, Feb 08, 2022, $*****
5. Skira
Skira provides a platform that enables farmers, food brands, and food processors to provide end-to-end visibility of their products to their customers.
Key facts about Skira
- Founded Year: 2018
- Location: Stockholm (Sweden)
- Stage: Funding Raised
- Employee Count: 10 as on Sep 30, 2026
- Investors: Create Business Incubator, LRF Ventures and 1 Other
LRF Ventures' Year-on-Year Investment Trends
LRF Ventures has invested in 10 companies over the last 4 years, with an average of 1 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Gardsfisk.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 1 | 0 | 1 |
2023 | 1 | 0 | 1 |
2022 | 3 | 0 | 3 |
LRF Ventures' Investments by Stage
LRF Ventures has made 5 investments in Seed stage with an average round size of $2.24M and 1 investment in Series A stage with an average round size of $5M.Stage of entry | No. of Investments |
|---|---|
Seed | 5 |
Series A | 1 |
Note: We have considered here, only first round of investments
LRF Ventures' Investments by Sector
LRF Ventures has a diverse portfolio, with companies operating in the Food and Agriculture Tech, Enterprise Applications, Environment Tech, Sustainability Tech and Chemicals and Materials Tech. Notably, it has invested in 7 Tech companies, 6 Enterprise (B2B) companies, 4 Software companies and at least 2 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Food and Agriculture Tech | 3 |
Enterprise Applications | 2 |
Environment Tech | 2 |
Sustainability Tech | 2 |
Chemicals and Materials Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
LRF Ventures' Investments by Geography
LRF Ventures has made most investments in Sweden (6).LRF Ventures' recent investments
LRF Ventures has not made any investment in 2026 so far.Here are the most recent investments by LRF Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 11, 2025 | Sweden | Series A | 5245 | [+2] | |
Apr 15, 2024 | Sweden | Seed | 3847 | ||
May 09, 2023 | Sweden | Seed | 1708 | [+3] | |
Feb 08, 2022 | Sweden | Seed | 2104 | [+1] | |
Feb 01, 2022 | Sweden | Seed | 7456 | [+3] |
Team profile of LRF Ventures
LRF Ventures has a team of 4 members located in Sweden. LRF Ventures' team does not sit on the board of any company as of now.Co-investors of LRF Ventures
Over the past 4 years, 19 investors have co-invested in LRF Ventures's portfolio companies. This includes funds and angels.
- Invested before LRF Ventures: Almi Invest, Eureka and 2 others have invested in rounds before LRF Ventures. There are 2 companies where Almi Invest has invested before LRF Ventures and 1 company where Eureka has invested before LRF Ventures.
- Top Co-investors of LRF Ventures: 14 investors entered a company along with LRF Ventures. These include investors like InnoEnergy (1 company).
- Invested after LRF Ventures: Europa (1 company) is the only investor which has invested in LRF Ventures's portfolio after their investments.
Recent News related to LRF Ventures
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TSH secures €80 million funding for student housing in Bologna and FlorenceAzienda Banca•Apr 24, 2025•The Social Hub, LRF Ventures
•
Saveggy raises €1.76M for plastic-free packagingTech.eu•Apr 15, 2024•Saveggy, Unconventional Ventures, LRF Ventures, Almi
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Improvin’ secures €3.5M to help agri-food companies measure and reduce greenhouse gas emissionsTech Funding News•May 09, 2023•Improvin, CTVC, Hived, Pivotal Ventures and 10 others
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Swedish travel tech startup Acamp picks up €2.5 million for its campsite marketplaceEU-Startups•Feb 08, 2022•ACAMP, Spintop Ventures, LRF Ventures, Centripetal Capital Partners and 1 other
