About Nineyards Equity
Nineyards Equity is a venture capital firm founded in 2020. It is primarily based out of Stockholm, Sweden. As of Dec 2025, Nineyards Equity is an active investor, having invested in 7 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Sweden based startups. Its investments are spread across a wide range of sectors from Transportation and Logistics Tech to High Tech and Auto Tech. Most recently it participated in the $***** Series A round of Yuv Overall, Nineyards Equity portfolio has seen 3 unicorns and 1 acquisition including key companies like Voi, Einride and Minna Technologies. A lot of funds co-invest with Nineyards Equity, with names like Ilmarinen sharing a substantial percentage of its portfolio. Nineyards Equity has team of 3 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio Acquisitions
Portfolio Soonicorns
Nineyards Equity's List of Top Investments
Nineyards Equity has a portfolio of 7 companies, including 3 unicorns. Their most notable investments are in Yuv and Voi.Their portfolio spans across Sweden and United Kingdom. They have invested in Transportation and Logistics Tech, High Tech, Auto Tech and 10 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by Nineyards Equity:1. Voi
App-based platform offering electric kick-scooter rental services. It provides a mobile app that allows users to find and rent electric kick scooters nearby. The users can unlock the kick scooters through a QR code and after riding they can park it at any valid place. The mobile application is available for iOS users.
Key facts about Voi
- Founded Year: 2018
- Location: Stockholm (Sweden)
- Annual Revenue: $100M - $500M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $544M
- Employee Count: 797 as on May 31, 2026
- Investors: Inbox Capital, Koehler Group and 95 Others
- Latest Funding Round: Conventional Debt, Mar 12, 2024, $*****
- Highlight: Editors' Pick
2. Einride
Provider of electric and autonomous freight transportation solutions. It integrate smart vehicles, AI-powered logistics software, and charging infrastructure for sustainable road freight operations. It combines autonomous vehicles, electric trucking operations, intelligent charging infrastructure, and AI-powered fleet management software into a unified logistics ecosystem. Its solutions optimize freight movement through real-time data analysis, route management, energy optimization, and operational automation, enabling businesses to reduce emissions, improve efficiency, and transition toward sustainable transportation at scale across global markets.
Key facts about Einride
- Founded Year: 2016
- Location: Stockholm (Sweden)
- Annual Revenue: $10M - $50M as on Dec 31, 2022
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $865M
- Employee Count: 435 as on May 31, 2026
- Investors: Temasek, Ventura Capital and 37 Others
- Latest Funding Round: Series E, Feb 26, 2026, $*****
- Highlight: Editors' Pick
3. Hedvig
App-based platform for home insurance. It offers insurance solutions for home damage, legal protection, liability protection, fire coverage, condominium supplement, and more. It also offers claim assistance solutions. The app is available for Android and iOS platforms.
Key facts about Hedvig
4. Treyd
Provider of an online platform for BNPL solutions for businesses. It pays suppliers and gives companies a couple of days to pay the balance. It aims to free up capital for a business so that it can instead invest in growth.
Key facts about Treyd
- Founded Year: 2019
- Location: Stockholm (Sweden)
- Annual Revenue: $10M - $50M as on Dec 31, 2022
- Stage: Series A
- Total Funding till date: $28.1M
- Employee Count: 68 as on May 31, 2026
- Investors: J12, Venture Securities and 7 Others
- Latest Funding Round: Series A, May 20, 2025, $*****
- Highlight: Editors' Pick
5. Yuv
Internet first brand offering smart hair coloring equipment for salons. The company offers a device that can be controlled through an app to prepare different hair color formulas.
Key facts about Yuv
- Founded Year: 2021
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $12M
- Employee Count: 34 as on May 31, 2026
- Investors: VNV Global, Nineyards Equity and 1 Other
- Latest Funding Round: Series A, Dec 05, 2025, $*****
Nineyards Equity's Year-on-Year Investment Trends
Nineyards Equity has invested in 7 companies over the last 5 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 2 investments. Its most recent first time investment was in Yuv and most recent follow-on round was in Treyd.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 1 | 2 |
2024 | 0 | 1 | 1 |
2023 | 0 | 1 | 1 |
2022 | 1 | 0 | 1 |
2021 | 3 | 0 | 3 |
Nineyards Equity's Investments by Stage
Nineyards Equity has made 2 investments in Series A stage with an average round size of $11.3M, 2 investments in Series B stage with an average round size of $31.9M and 1 investment in Series D stage with an average round size of $115M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 2 |
Series D | 1 |
Note: We have considered here, only first round of investments
Nineyards Equity's Investments by Sector
Nineyards Equity has a diverse portfolio, with companies operating in the FinTech, Retail, Auto Tech, Consumer and Energy Tech. Notably, it has invested in 7 Tech companies, 4 Enterprise (B2B) companies, 3 Consumer (B2C) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
FinTech | 3 |
Retail | 2 |
Auto Tech | 1 |
Consumer | 1 |
Energy Tech | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Nineyards Equity's Investments by Geography
Nineyards Equity has made most investments in Sweden (4), followed by United Kingdom where it has made 1 investment.Country | No. of Investments |
|---|---|
Sweden | 4 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Nineyards Equity's recent investments
Nineyards Equity has not made any investment in 2026 so far.Here are the most recent investments by Nineyards Equity:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 05, 2025 | United Kingdom | Series A | 3440 | ||
May 20, 2025 | Sweden | Series A | 3452 | [+2] | |
Mar 12, 2024 | Sweden | Series D | 5514 | [+6] | |
Sep 07, 2023 | Sweden | Series A | 8970 | [+2] | |
Mar 2022 | Sweden | Series A | 3960 | [+5] |
Unicorns in Nineyards Equity's Portfolio
Nineyards Equity has 3 unicorns in its portfolio - Instabox, Einride and Voi. The most recent unicorn in their portfolio is Instabox. It became a unicorn in 2022, 4 years before Nineyards Equity first invested in it.Here is a list of unicorns in Nineyards Equity's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
47 | Provider of e-commerce delivery services | 2015 | Bromma | Series C | uxhqirc | ||
74 | Provider of electric and autonomous freight transportation solutions | 2016 | Stockholm | Series E | wcyc{oq | ||
77 | App-based platform offering electric kick-scooter rental services | 2018 | Stockholm | Series D | kqrrcpz |
Acquired companies in Nineyards Equity's Portfolio
1 company from Nineyards Equity's portfolio has been acquired. The most recent acquisition was Minna Technologies in Oct 2024 by Mastercard for $*****.Here are Nineyards Equity's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 01, 2024 | Jan 14, 2021 | Series B | 5939 |
Team profile of Nineyards Equity
Nineyards Equity has a team of 3 members including 3 Partners located in Sweden. Nineyards Equity's team does not sit on the board of any company as of now.Here is a list of all team members in Nineyards Equity:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Lidingo | - | ||
Partner | Stockholm | - | ||
Partner | Stockholm | - |
Co-investors of Nineyards Equity
Over the past 5 years, 64 investors have co-invested in Nineyards Equity's portfolio companies. This includes funds and angels.
- Invested before Nineyards Equity: VNV Global, The Raine Group and 40 others have invested in rounds before Nineyards Equity. There is 1 company where VNV Global has invested before Nineyards Equity and 1 company where The Raine Group has invested before Nineyards Equity.
- Top Co-investors of Nineyards Equity: 17 investors entered a company along with Nineyards Equity. These include investors like Ilmarinen (1 company).
- Invested after Nineyards Equity: A total of 5 investors have invested in Nineyards Equity's portfolio after their investments. Top Investors include Black Ice Capital (1 company), Adelis Equity Partners (1 company) and SEB (1 company).
Recent News related to Nineyards Equity
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London's yuv attracts €10 million to accelerate salon-focused techEU-Startups•Dec 05, 2025•Yuv, Nineyards Equity, VNV Global, Willamette Valley Vineyards
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Swedish Fintech Treyd Secures €5M in Funding and Appoints Klarna Veteran to BoardBebeez•May 20, 2025•Treyd, Nineyards Equity, Zenith Group, J12 and 1 other
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Voi closes financing round following a record year in revenue and profitabilityCision•Mar 12, 2024•Voi, VNV Global, The Raine Group, Nineyards Equity and 6 others
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Treyd’s Expansion A $12M Boost To Revolutionize RetailSuperbCrew•Sep 12, 2023•Treyd, Antler, Zenith Group, J12 and 2 others
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BNPL B2B Firm Treyd Nets $10.5M to Launch in UKPYMNTS.com•May 19, 2022•Treyd, Klarna, Zenith Group, J12 and 4 others
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Voi Technology raises $115m in Series D roundInsider Media•Dec 22, 2021•Voi, The Raine Group, Vostok New Ventures, Inbox Capital and 9 others
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Swedish neo insurer Hedvig raises $45m to beef up presence in EuropeLife Insurance International•Sep 30, 2021•Commvault, Anthemis Group, Cherry Ventures, Obvious Ventures and 5 others
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Minna Technologies raises €15.5m in Series B funding roundFinTech Futures•Jan 25, 2021•Minna Technologies, Element Ventures, MiddleGame Ventures, Nineyards Equity and 1 other
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