Backing Minds

2016

Founded

14

Investments

Sweden

Offices

Venture Fund

Investor Type

About

Backing Minds is a venture capital firm founded in 2016 by Sara Wimmercranz and Susanne Najafi. The firm focuses on investing in early-stage tech companies that are often overlooked by traditional venture capital networks. Their investment philosophy centers on identifying high-performing founders outside conventional circles, aiming to back businesses with scalable and customer-centric solutions.

Backing Minds typically invests between $250,000 and $5 million in seed and pre-seed stages, with ownership stakes ranging from 15% to 30%. The firm has a diverse portfolio, including companies like NitroVolt, Snerpa Power, Trustrace, and Serviceform. Notable investors backing Backing Minds include H&M's CEO Karl-Johan Persson and Spotify co-founder Martin Lorentzon.

The firm is headquartered in Stockholm, Sweden, and emphasizes an open and accepting culture, valuing diversity and equal opportunities within its team.

Portfolio Companies

NitroVolt, Snerpa Power, Trustrace, Serviceform, Denjo Dogs, CemVision, Transfer Galaxy, Boneprox, Combify, Brain Stimulation

Gepgraphic Focus

Sweden, Europe

Key Differentiators

Invests in overlooked founders outside traditional networks, Focuses on scalable and customer-centric ventures, Emphasizes an open and accepting culture within the firm

Thypical Investment Size

$250,000 to $5 million

Total Funds Raised

Over 100 million SEK

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SaaS

Health & Wellness

FinTech

Developer Tools

E-Commerce

Stockholm

Pre-Seed

Seed

Sweden