Organization · Venture Capital
First Venture
First Venture is a Stockholm-based investment company that focuses on technology, health, and sustainability sectors. It invests in both listed and unlisted growth-stage companies, often targeting those at the critical commercialization phase known as the 'Valley of Death.'
Overview
What First Venture does
What First Venture is
First Venture is a Stockholm-based investment company that focuses on technology, health, and sustainability sectors. It invests in both listed and unlisted growth-stage companies, often targeting those at the critical commercialization phase known as the 'Valley of Death.'
How it participates in the startup ecosystem
The current public profile supports funder capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2006
- Approximate age
- About 20 years
- Structured capabilities
- Funder
- Last reviewed
- May 5, 2026
Official channels
Find First Venture elsewhere
Open the official website or a supported primary organization account.
Capability profile
First Venture as a funder
Investment thesis
First Venture invests in strong entrepreneurial teams in technology, health, and sustainability, focusing on companies at the bottom of the 'Valley of Death' where they need capital to strengthen teams and business development.
Focus narrative
First Venture targets early-stage companies that are struggling to secure funding, particularly those at the bottom of the 'Valley of Death.' The firm seeks minority stakes to ensure that entrepreneurs retain appropriate incentives while providing the necessary support to help these companies thrive. The focus is on identifying pioneering companies with clear sustainability profiles and value potential.
Value beyond capital
First Venture adds value to its portfolio companies through active ownership, board work, and coaching. The firm focuses on strengthening teams, enhancing sales and marketing efforts, and supporting business development to help companies navigate the critical commercialization phase.
Focus and fit
- Stages
- Pre-seed · Seed · Seed+ · Series A · Series A+ · Series B · Series B+ · Series C · Series C+ · Growth Equity
- Regions
- Europe
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 10
Portfolio context
Notable portfolio companies include: Sprint Bioscience: A pharmaceutical company focused on developing cancer treatments. Lyckegård Group: Provides sustainable solutions for agriculture and landscaping. Zigrid: Develops technology to regenerate electricity from waste heat sources. Mendi Innovation: Offers brain health technology for home use. One Two Analytics: Utilizes AI and machine learning to enhance diabetes care. Tribonex: Provides advanced surface treatments to reduce friction and wear. CombiQ: Develops cloud services for machine data insights. Humble Group: A fast-moving consumer goods group focused on health and sustainability. Xios3: Aims to enhance software development capabilities. Cloudbackend: Offers a platform for building and running SaaS applications.
Common questions
What to know about First Venture
Upseed classifies First Venture under the Venture Capital organization type. Its current public profile includes funder capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
May 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.