About Navigare Ventures
Navigare Ventures is a venture capital firm founded in 2021. It is primarily based out of Stockholm, Sweden. As of Aug 2026, Navigare Ventures is an active investor, having invested in 17 companies, with 4 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 High Tech to Life Sciences and Enterprise Applications. Most recently it participated in the $***** Seed round of Solinide Photonics A lot of funds co-invest with Navigare Ventures, with names like Almi Invest sharing a substantial percentage of its portfolio. Navigare Ventures has team of 8 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Deals in last 12 months
Navigare Ventures' List of Top Investments
Navigare Ventures has a portfolio of 17 companies. Their most notable investments are in Proteomedge and Solinide Photonics.Their portfolio spans across and Sweden. They have invested in High Tech, Life Sciences, Enterprise Applications and 11 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Navigare Ventures:1. EnginZyme
Developer of immobilized enzymes. It employs a patented enzyme immobilization technology that enables the use of enzymes as catalysts in chemical processes. Its core technology allows for productive enzyme usage in various applications, including food, cosmetics, and pharmaceuticals.
Key facts about EnginZyme
- Founded Year: 2014
- Location: Stockholm (Sweden)
- Stage: Series B
- Total Funding till date: $34.7M
- Employee Count: 36 as on Jun 30, 2026
- Investors: SEB, Industrifonden and 5 Others
- Latest Funding Round: Series B, Dec 19, 2022, $*****
- Highlight: Editors' Pick
Developer of ground-breaking technologies for biomedical research and diagnostics. The company has developed Molecular Pixelation, a DNA-based visualization technology for analyzing cell surface proteins, to gain novel insights into cellular activity to advance better medicines and diagnostics.
Key facts about Pixelgen Technolgies
- Founded Year: 2020
- Location: Stockholm (Sweden)
- Stage: Series B
- Total Funding till date: $21.5M
- Employee Count: 45 as on Jun 30, 2026
- Investors: Flat Capital, Industrifonden and 2 Others
- Latest Funding Round: Series B, Aug 20, 2026, $*****
- Highlight: Editors' Pick
3. Intuicell
Provider of an AI-based computation technology that imitates brain intelligence. Claims that the technology platform is based on key insights from research into how the brain operates on sensory data and the resulting understanding of the world. It has the capability to run on existing hardware platforms or it can be made as stand-alone applications.
Key facts about Intuicell
- Founded Year: 2020
- Location: Stockholm (Sweden)
- Stage: Seed
- Total Funding till date: $7.1M
- Employee Count: 22 as on May 31, 2026
- Investors: Quinary Investment, Europa and 6 Others
- Latest Funding Round: Seed, Mar 19, 2025, $*****
- Highlight: Editors' Pick

4. AlixLabs
Key facts about AlixLabs
- Founded Year: 2019
- Location: Lund (Sweden)
- Stage: Series A
- Total Funding till date: $39.6M
- Employee Count: 31 as on Jun 30, 2026
- Investors: Industrifonden, Vinnova and 9 Others
- Latest Funding Round: Series A, Apr 17, 2026, $*****

5. TeraSi
Manufacturer of components for 6G and wireless technology using silicon micro-machining. It caters to various industrial sectors.
Key facts about TeraSi
- Founded Year: 2020
- Location: Stockholm (Sweden)
- Stage: Seed
- Total Funding till date: $1.2M
- Employee Count: 18 as on Jun 30, 2026
- Investors: Deeptech Labs, Onsight Ventures and 8 Others
- Latest Funding Round: Seed, Aug 17, 2023, $*****
Navigare Ventures' Year-on-Year Investment Trends
Navigare Ventures has invested in 17 companies over the last 4 years, with an average of 3 new investments annually in the last 3 years. In 2025, it made 5 investments, while as of Aug 2026, it has made 4 investments in this year. Its most recent first time investment was in Solinide Photonics and most recent follow-on round was in Pixelgen Technolgies.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 3 | 1 | 4 |
2025 | 3 | 2 | 5 |
2024 | 2 | 1 | 3 |
2023 | 5 | 1 | 6 |
2022 | 4 | 0 | 4 |
Navigare Ventures' Investments by Stage
Navigare Ventures has made 12 investments in Seed stage with an average round size of $2.07M, 4 investments in Series A stage with an average round size of $10.8M and 1 investment in Series B stage with an average round size of $22.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 12 |
Series A | 4 |
Series B | 1 |
Note: We have considered here, only first round of investments
Navigare Ventures' Investments by Sector
Navigare Ventures has a diverse portfolio, with companies operating in the High Tech, Life Sciences, Enterprise Applications, Semiconductors and Environment. Notably, it has invested in 15 Tech companies, 14 Enterprise (B2B) companies, 6 Software companies and at least 5 companies focusing on Tech hardware.Sector | No. of Investments |
|---|---|
High Tech | 9 |
Life Sciences | 6 |
Enterprise Applications | 5 |
Semiconductors | 3 |
Environment | 2 |
Others | 12 |
Note: We have considered here, only first round of investments
Navigare Ventures' Investments by Geography
Navigare Ventures has made most investments in Sweden (17).Navigare Ventures' recent investments
Navigare Ventures has made 4 investments in 2026 so far. Solinide Photonics and Pixelgen Technolgies are the latest among them.Here are the most recent investments by Navigare Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 20, 2026 | Sweden | Seed | 6957 | [+4] | |
Aug 20, 2026 | Sweden | Series B | 8275 | [+1] | |
Jun 12, 2026 | Sweden | Seed | 5799 | [+1] | |
Mar 25, 2026 | Sweden | Seed | 2591 | - | |
Nov 18, 2025 | Sweden | Series A | 7241 | [+3] |
Team profile of Navigare Ventures
Navigare Ventures has a team of 8 members including 6 Partners and 2 Principals located in Sweden. Navigare Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Navigare Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - | ||
Partner | Stockholm | - | ||
Partner | Sweden | - | ||
Partner | - | - | - | |
Principal | Stockholm | - | ||
Principal | Stockholm | - |
Co-investors of Navigare Ventures
Over the past 4 years, 51 investors have co-invested in Navigare Ventures's portfolio companies. This includes funds and angels.
- Invested before Navigare Ventures: Europa, Industrifonden and 19 others have invested in rounds before Navigare Ventures. There are 4 companies where Europa has invested before Navigare Ventures and 2 companies where Industrifonden has invested before Navigare Ventures.
- Top Co-investors of Navigare Ventures: 20 investors entered a company along with Navigare Ventures. These include investors like Almi Invest (5 companies).
- Invested after Navigare Ventures: A total of 10 investors have invested in Navigare Ventures's portfolio after their investments. Top Investors include Flat Capital (1 company), Vinnova (1 company) and Industrifonden (1 company).
Recent News related to Navigare 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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ProteomEdge Raises SEK 8 Million in Follow-On FundingDagens industri•Mar 25, 2026•Navigare Ventures, Proteomedge
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Precision etching startup Alixlabs attracts €14M fundingBits&Chips•Nov 18, 2025•AlixLabs, Navigare Ventures, Industrifonden, FORWARD.one and 2 others
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Swedish HealthTech Epigenica secures €1.8M to advance gene expression researchEU-Startups•Jun 30, 2025•Epigenica, Voima Ventures, Navigare Ventures, Leksell Social Ventures and 1 other
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Sweden’s Navigare Ventures Completes SweGaN Equity Raise of Nearly €12MMicrowave Journal•Sep 18, 2024•SweGaN, Navigare Ventures
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