Organization · Venture Capital
Turbine Capital
Turbine Capital is an early-stage venture capital fund based in Stockholm, Sweden, focusing on deeptech startups. It aims to bridge the funding gap for these companies by leveraging partnerships with industrial corporates and university-affiliated incubators.
Overview
What Turbine Capital does
What Turbine Capital is
Turbine Capital is an early-stage venture capital fund based in Stockholm, Sweden, focusing on deeptech startups. It aims to bridge the funding gap for these companies by leveraging partnerships with industrial corporates and university-affiliated incubators.
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 2024
- Approximate age
- About 2 years
- Structured capabilities
- Funder
- Last reviewed
- April 23, 2026
Official channels
Find Turbine Capital elsewhere
Open the official website or a supported primary organization account.
Capability profile
Turbine Capital as a funder
Investment thesis
Turbine Capital is a Swedish-initiated, pan-European early-stage deeptech VC fund addressing the funding gap for deep technology startups at the lab-to-market transition stage. The fund combines LP backing from leading industrial corporations and university-affiliated incubators to provide not just capital but also active partnerships and ecosystem connectivity.
Focus narrative
Turbine Capital invests in deeptech startups that leverage complex, advanced technologies to tackle significant challenges in areas such as the planet, industry, society, and geopolitics. The fund's investment model includes initial investments ranging from €0.3 to €0.7 million per company, focusing on pre-seed to pre-A stages, primarily in Sweden and other Nordic markets.
Value beyond capital
Turbine Capital provides active engagement with portfolio companies, often through Board involvement, to accelerate growth. The fund leverages its unique dual support structure, combining industrial corporate partnerships and university ecosystem connectivity, to offer startups market validation and access to resources.
Terms and economics
- Typical check
- $300,000–$700,000
Focus and fit
- Stages
- Pre-seed · Seed · Series A
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 1
Portfolio context
Turbine Capital's notable investment includes Tribonex, a Swedish deeptech company that has developed a patented surface treatment technology to reduce friction and wear in industrial applications, enhancing efficiency and sustainability in production lines.
Common questions
What to know about Turbine Capital
Upseed classifies Turbine Capital 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
April 23, 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.