First Venture Sweden
First Venture Sweden AB is a Stockholm-based investment company that builds a portfolio of growth businesses in technology, health and sustainability. It invests in both unlisted and listed companies and acts as an active, long-term owner alongside the entrepreneurs behind its portfolio holdings.
Fiscal year 2025 · change from previous year
Development 2022–2025
Business
Share of revenueEquity investments in private portfolio companies with growth potential.
Holdings in publicly traded growth companies valued through market prices.
Strategic involvement with portfolio companies through close collaboration with management teams.
Customers
First Venture does not sell products to end customers; its capital is deployed into entrepreneurial teams and growth companies. Its counterparties are founders, management teams, and the boards of portfolio companies that seek long-term capital and active ownership support.
Private companies in technology, health and sustainability that receive equity capital and strategic support.
Publicly traded holdings that First Venture owns as part of its investment portfolio.
Founders and management teams that partner with First Venture for long-term ownership and guidance.
Strategy
First Venture focuses on backing strong entrepreneurial teams in technology, health and sustainability, with a mix of private and listed growth investments. Its strategy is to remain a long-term, active owner and to work closely with portfolio companies to support development and value creation.
Focus narrows the opportunity set to sectors where the firm believes it can add capital and ownership support.
Close collaboration with entrepreneurs can improve strategic execution and portfolio company development.
A mixed portfolio can diversify exposure between private-company upside and public-market liquidity.
Geography
The company is headquartered in Stockholm and operates as a Swedish investment company. Its portfolio exposure is not described as tied to one operating geography, but the business is anchored in the Nordic venture and growth-company ecosystem through its Stockholm base and listed share on Nasdaq First North Growth Market.
Risks
The business is exposed to valuation swings in both private and public holdings, since portfolio value depends on market prices and judgment-based fair values. It also faces concentration and execution risk because returns depend on a limited number of entrepreneurial teams and the success of growth companies in cyclical sectors such as technology and health.
An investment company can have meaningful exposure to a limited number of holdings.
Exposure: Portfolio construction
Listed holdings are marked to market and unlisted holdings are valued using judgment-based methods.
Exposure: Portfolio valuation
Returns depend on the ability of entrepreneurial teams to grow and scale businesses.
Exposure: Private growth investments
Accounting
Judgemental itemsPrivate holdings are valued using valuation guidelines and management judgment, which can materially affect reported asset values and earnings.
Impact: Portfolio valuation
Public investments are marked to closing prices, so share-price moves flow directly into reported value changes.
Impact: Income statement and balance sheet
The company discloses consulting services from a related party for interim CEO, CFO and investment roles, which affects expense presentation and comparability.
Impact: Operating expenses
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Last updated: 24/09/2026