Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.

Spintop Ventures

Investor type Micro VC
Founders Erik Wenngren Finn Persson Mats Johansson Peter Carlsson Sami Niemi

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 38
Average round size
info
The average size of a deal this fund participated in
$4M
Portfolio companies 28
Rounds per year 2.92
Lead investments 11
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.26
Exits 2
Key employees 5
Stages of investment
Early Stage Venture
Late Stage Venture
Seed

Areas of investment

  • Software
  • Information Technology
  • Artificial Intelligence
  • Enterprise Software
  • E-Commerce
Summary

Spintop Ventures appeared to be the VC, which was created in 2009. The main department of described VC is located in the Stockholm. The venture was found in Europe in Sweden.

The usual cause for the fund is to invest in rounds with 2-3 partakers. Despite the Spintop Ventures, startups are often financed by Techstars, PROfounders Capital, Lars Appelstu00e5l. The meaningful sponsors for the fund in investment in the same round are Almi Invest, PROfounders Capital, Creandum. In the next rounds fund is usually obtained by Techstars, PROfounders Capital, EQT Ventures.

Moreover, a startup needs to be at the age of 2-3 years to get the investment from the fund. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Sweden. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 2 of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight MariaDB Corporation, Flashnode, Oneflow. Among the most popular fund investment industries, there are Internet, Enterprise Software.

Speaking about the real fund results, this VC is 22 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 deals per year. The typical startup value when the investment from Spintop Ventures is 5-10 millions dollars. The common things for fund are deals in the range of 1 - 5 millions dollars. The top amount of exits for fund were in 2018. Comparing to the other companies, this Spintop Ventures performs on 25 percentage points less the average number of lead investments. The top activity for fund was in 2018. Despite it in 2019 the fund had an activity.

The current fund was established by Erik Wenngren, Finn Persson, Mats Johansson, Peter Carlsson. Besides them, we counted 5 critical employees of this fund in our database.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Spintop Ventures:
Typical Co-investors
Spintop Ventures is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Spintop Ventures:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from Sweden
Funds with similar focus located in Sweden:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Acamp

Leisure
Tourism
Travel
$2M08 Feb 2022 Stockholm, Stockholm County, Sweden

Univid

Events
Meeting Software
Video Conferencing
$944K19 Jan 2022 Stockholm, Stockholm County, Sweden

Nomono AS

$6M12 Aug 2021 Trondheim, Trøndelag, Norway

Adway

Human Resources
Marketing Automation
Recruiting
Social Recruiting
Software
$3M01 Jun 2021 Stockholm, Stockholm County, Sweden

Cambri

Information Technology
Software
$4M10 Mar 2021 Helsinki, Uusimaa, Finland

Crosser

Big Data
Computer
Enterprise Software
Industrial Automation
Information Technology
Internet of Things
Software
$3M09 Mar 2021 Stockholm, Stockholm County, Sweden

IPRally

Artificial Intelligence
Information Technology
Legal Tech
Software
$2M07 Jan 2021 Uusimaa

PinMeTo

Enterprise Software
Location Based Services
Social Media
$2M04 Dec 2020 Malmo, Skåne County

AdNavem AB

E-Commerce
Logistics
Marketplace
Supply Chain Management
$4M18 Aug 2020 Gothenburg, Västra Götaland County
News
Nomono Raises €5.4M in Late Seed Funding

– Nomono is a Trondheim, Norway-based audio technology startup.
– The company raised $5.4m in seed funding.
– This round led by Sintef Venture and Spintop Ventures, saw the participation new investors including Tvenge og Adolfsen.
– The company intends to use the funds to accelerate research, development, and growth.

Cambri Raises €3.6M in Series A Funding

– Cambri, a Helsinki, Finland-based market research automation and SaaS startup that accelerates product and concept testing of consumer brands, raised €3.6M in Series A funding.
– The round was led by OpenOcean and Spintop Ventures.
– The company intends to use the funds to continue to expand operations and its business reach.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Spintop Ventures?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: