Creandum is a European early-stage venture capital firm founded in 2003 and based in Stockholm, with additional offices in Berlin, London and San Francisco. The firm manages nine funds, has financed around 285 companies. Its most recent vehicle, Creandum VII, secured €500 million in June 2024. Creandum prioritizes long-term commitments over one-off deals, working with founders who combine product intuition and data-driven insights. Alongside capital, the firm offers strategic guidance and access to networks to help leadership teams thrive. Success stories include Spotify, Klarna, Depop and Trade Republic.
Creandum focuses on Seed and Series A investments, typically ranging from $100,000 to $10 million, with many follow-on rounds between $10 and $50 million. The firm’s portfolio spans communications and information technology (25%), life sciences and healthcare (23%), consumer services (21%) and business services (16%). Creandum often collaborates with peers like Balderton Capital, Northzone and Heartcore Capital. Its hands-on support includes market feedback loops, rigorous testing of product concepts and an emphasis on company culture and leadership development.
Clean energy and battery technology represent a key area for Creandum. In March 2020 it led an €11 million Series A round for TWAICE, a Munich-based startup offering advanced analytics for battery design and performance in automotive, trucking and power tool applications. In September 2022 the firm joined a $78 million round for Tesseract Energy, a London-based developer of renewable energy capacity that supplies 100 percent green electricity without added fees. These investments highlight Creandum’s support for technologies that reduce carbon emissions and boost operational efficiency.
