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EQT Ventures

EuropeUnited StatesAI/MLFintechClimateDeep TechB2B SaaSEnterpriseConsumerDevtools

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Investment thesis

EQT Ventures partners with founders building Generation-Defining Companies (GDCs) — those who dream big and aim to shape the next decade. With €1.1 billion deployed across the EQT Ventures strategy, the firm acts as early-stage lead investor, operational advisor, and high-conviction capital provider, with the stated goal of being 'the most impactful partner for the founders we team up with.' The team is composed of ex-founders and operators and leverages the global EQT platform to help portfolio companies scale fast and build long-term resilience. The firm is sector-agnostic but has deep conviction in climate tech, fintech, AI/ML, deep tech, software, data & IT infrastructure, food tech, and the creator economy. It employs a proprietary AI platform called Motherbrain — monitoring over 10 million companies — to drive data-informed sourcing and due diligence. EQT Ventures III, the firm's latest €1.1 billion fund (closed November 2022), invests €2–50 million per deal in European and North American early-stage tech startups, building ownership through follow-ons.

Notable quotes

Stay resilient, cultivate relationships, and prioritize delivering tangible value.

Doreen Huber · EQT Ventures LinkedIn page (Startup Insider Investoren-Report 2024 interview) · 2024

At the end of the day, I think the winners will be defined by the best founders.

Carl Svantesson · Breakit AI Day panel, EQT Ventures LinkedIn · 2024

Needless to say, solving fusion would be a generation-defining moment for humanity.

Ted Persson · Marvel Fusion Series B extension press release, March 2025 · 2025-03-27

Team

Lars Jörnow

Founding Partner

ConsumerAI/MLClimate

Sandra Malmberg

Partner

AI/MLClimateDeep Tech

Ted Persson

Partner

Deep TechClimateConsumer

Tom Mendoza

Partner

FintechAI/MLEnterprise

Doreen Huber

Partner

B2B SaaSConsumerEnterprise

Gustav von Sydow

Partner

AI/MLDevtoolsEnterprise

Recent investments

CompanyRoundSizeDate
MarvelXSeed$6m2025-05-13
StrawberrySeed$6m2025-10-14
ClarifeyePre-seed$4m2025-09-30
SiffletSeries A (extension)$18m2025-06-19
Marvel FusionSeries B (extension)$55m2025-03-27
StacksPre-seed$3m2025-02-19
evrocSeries A$54m2025-03-20
PaidPre-seed$11m2025-03-25

Frequent co-investors

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