About TeknoSeed
TeknoSeed is a venture capital firm founded in 1996. It is primarily based out of Lund, Sweden. As of Jan 2015, TeknoSeed has invested in 8 companies. It primarily invests in Series A round in Sweden based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Life Sciences and Gaming. Most recently it participated in the $***** Series A round of Airec Overall, TeknoSeed portfolio has seen 1 IPO and 2 acquisitions, namely BONESUPPORT, Conveneer and Scalado. A lot of funds co-invest with TeknoSeed, with names like Industrifonden sharing a substantial percentage of its portfolio. TeknoSeed has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A & Seed
Portfolio IPOs
TeknoSeed's List of Top Investments
TeknoSeed has a portfolio of 8 companies. Their most notable investments include BONESUPPORT and LocalizeDirect.Their portfolio spans across Sweden and Finland. They have invested in Enterprise Applications, Life Sciences, Gaming and 3 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by TeknoSeed:
1. BONESUPPORT
Bonesupport is a Swedish medical technology company dedicated to the development injectable osteoconductive biomaterials for the treatment of fractures caused by osteoporosis, and bone voids or gaps in bone caused by trauma, disease or related to surgical procedures. Its product CERAMENT manufactured using Calcium Sulphate and Hydroxyapatite combined with liquid Iohexol, with its unique properties, is a biphasic injectable ceramic bone substitute intended for bone voids that mimics the properties of cancellous bone and is replaced by bone during the healing process.
Key facts about BONESUPPORT
- Founded Year: 2000
- Location: Lund (Sweden)
- Annual Revenue: £1M - £10M as on Dec 31, 2020
- Stage: Public
- Total Funding till date: $101M
- Employee Count: 202 as on Jun 30, 2026
- Investors: Lundbeck Foundation, Kreos Capital and 15 Others
- Latest Funding Round: Series C, Oct 26, 2016, $*****
- Highlight: Public
Provider of localization solutions for the gaming industry. Its translation platform allows users to drag and drop the files to be translated, select markets and languages to translate for getting the exact word count, and an instant quote. It also offers a localization tool that allows game and application developers to collaborate and streamline the localization process.
Key facts about LocalizeDirect
- Founded Year: 2009
- Location: Helsingborg (Sweden)
- Annual Revenue: $1M - $10M as on Aug 31, 2019
- Stage: Seed
- Total Funding till date: $1.45M
- Employee Count: 97 as on Jun 30, 2026
- Investors: TeknoSeed, Entreprenorinvest and 2 Others
- Latest Funding Round: Seed, Jul 23, 2020, $*****
- Highlight: Editors' Pick
3. HVR Cardio
Key facts about HVR Cardio
- Founded Year: 2002
- Location: Espoo (Finland)
- Stage: Series B
- Total Funding till date: $11.5M
- Employee Count: 12 as on Jun 30, 2026
- Investors: Industrifonden, TeknoSeed and 3 Others
- Latest Funding Round: Series B, Jan 12, 2023, $*****
4. Conveneer
Key facts about Conveneer
- Founded Year: 2006
- Location: Lund (Sweden)
- Stage: Acquired
- Total Funding till date: $4.5M
- Investors: Industrifonden, TeknoSeed and 2 Others
- Latest Funding Round: Series A, Mar 04, 2009, $*****
- Highlight: Acquired
5. Scalado
Key facts about Scalado
- Founded Year: 2001
- Location: Lund (Sweden)
- Stage: Acquired
- Total Funding till date: $656K
- Employee Count: 9 as on Jun 30, 2026
- Investors: Industrifonden, Northcap Partners and 2 Others
- Latest Funding Round: Seed, Aug 29, 2005, $*****
- Highlight: Acquired
TeknoSeed's Investments by Stage
TeknoSeed has made 3 investments in Series A stage with an average round size of $3.85M and 2 investments in Seed stage with an average round size of $505K.Stage of entry | No. of Investments |
|---|---|
Series A | 3 |
Seed | 2 |
Note: We have considered here, only first round of investments
TeknoSeed's Investments by Sector
TeknoSeed has a diverse portfolio, with companies operating in the Enterprise Applications, Gaming, Semiconductors and Vertical SaaS. Notably, it has invested in 6 Enterprise (B2B) companies, 5 Tech companies, 3 Software companies and at least 1 company focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Gaming | 1 |
Semiconductors | 1 |
Vertical SaaS | 1 |
Note: We have considered here, only first round of investments
TeknoSeed's Investments by Geography
TeknoSeed has made most investments in Sweden (5).TeknoSeed's recent investments
TeknoSeed has not made any investment in 2026 so far.Here are the most recent investments by TeknoSeed:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jan 29, 2015 | Sweden | Series A | 6025 | ||
Mar 17, 2011 | Sweden | Series A | 3981 | [+1] | |
Mar 15, 2011 | Sweden | Series A | 3223 | [+1] | |
Jan 26, 2010 | Sweden | Seed | 3555 | - | |
Aug 29, 2005 | Sweden | Seed | 4170 | [+1] |
IPOs and Publicly Listed companies in TeknoSeed's Portfolio
1 of TeknoSeed's portfolio company became public - BONESUPPORT. It got listed on the Stockholm Stock Exchange (STO), in Jun 2017.Here are TeknoSeed's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 22, 2017 | - | - | 4446 |
Acquired companies in TeknoSeed's Portfolio
2 companies from TeknoSeed's portfolio have been acquired. The most recent acquisition was Scalado in Jun 2012 by Nokia for $*****.Here are TeknoSeed's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 15, 2012 | Aug 29, 2005 | Seed | 7393 | |
Oct 20, 2010 | - | - | 1501 |
Team profile of TeknoSeed
TeknoSeed has a team of 1 member located in Sweden. TeknoSeed's team does not sit on the board of any company as of now.Co-investors of TeknoSeed
Over the past 21 years, 11 investors have co-invested in TeknoSeed's portfolio companies. This includes only funds.
- Top Co-investors of TeknoSeed: 5 investors entered a company along with TeknoSeed. These include investors like Industrifonden (3 companies).
- Invested after TeknoSeed: A total of 6 investors have invested in TeknoSeed's portfolio after their investments. Top Investors include Innogy Venture Capital (2 companies), Entreprenorinvest (1 company) and Innovum Invest (1 company).
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