Today, VEQ, a new Stockholm based venture capital investor focusing on investments in early-stage digital technology companies, is launching. VEQ is providing early-stage start-ups with both capital as well as a range of services and expertise available through VEQ’s sister company VNTRS.
VEQ was founded by the digital consulting company and sweat equity investor VNTRS, whose investment team now have partnered up with well renowned venture & growth investor Alfvén & Didrikson, as well as a handful of additional investors with backgrounds from the technology sector. Together, they have formed VEQ with the vision to be a long-term backer of entrepreneurs in early stages.
“We are really excited about getting this opportunity, being able to back more great entrepreneurs from within and outside of our network. One aspect that is important to us is to invest in diversified teams that leave some kind of positive impact in our world. And to have partners such as Alfvén & Didrikson as our backers on this adventure feels very promising and inspiring” – Viktor Gällström
VEQ will invest in pre-seed and seed rounds with a mandate all over Europe, with focus on the Nordics and the Baltics, where VNTRS also has presence. VEQ does not have a traditional fund structure and will be able to contribute and remain a long term active owner for as long as it makes sense for the company and VEQ. The initial plan is to invest 300 kEUR to 1 mEUR each in about a dozen start-ups over the next couple of years.
Another important differentiating factor is that VEQ, through its close cooperation with the sister company VNTRS, will have access to extensive knowledge and hands-on experts such as developers, designers, and growth hackers, to help VEQ’s investee companies accelerate their growth. This makes VEQ one of the few hands-on operational venture capital investors in the Nordics.
“We are very impressed by VNTRS and the selection of companies they have invested in with sweat equity. They have extensive technical expertise and have built a company with an attractive culture, sound values and a true desire to help entrepreneurs succeed. At Alfvén & Didrikson, we have been looking for a way to support more companies in early stages and we are now very excited to be able to do that through our partnership with VEQ” – Måns Alfvén
The day-to-day team running VEQ consists of Viktor Gällström and Maria Bergsten.
VNTRS, founded in 2016, is a digital consulting company and sweat equity investor. VNTRS partners up with entrepreneurs and companies to create successful businesses together by providing the right type of competence within tech, growth, design, and business development. For more information see www.vntrs.com
Alfvén & Didrikson is an active and long term backer of passionate entrepreneurs and teams with international growth ambitions. Since 2010, the Alfvén & Didrikson team has made investments in fast growing European companies such as Trustly, Quinyx, Acast, Mentimeter, Sympa and Klevu. For more information see www.alfvendidrikson.com