Focusing on digital entertainment (esports, gaming) and consumer tech. Social media, fitness etc. work well. No hardware. Interested especially in infrastructure and new genres of games and other formats.
In business models main focus is on B2C, can do also B2B or B2B2C.
Geographically North America, Europe and Southeast Asia are their main focus areas.
Sparkmind.vc is the first Nordic venture capital company focused on the learning sector. They invest in teams transforming early childhood, K12, higher, secondary and vocational education as well as corporate and lifelong learning. Their geographical home field is Europe, especially North Europe, but they also selectively do investments outside the region.
They often join the boards of their portfolio companies.
Impact fund. Focuses on continental Nordics: Finland, Sweden, Norway, Denmark, with some emphasis also on Baltics. Prefers co-investing outside Sweden, but has also led rounds outside their home market.
Invests €0.5-1M on early stage companies. They exceptionally invest up to €2M initial tickets on later stage companies. Looking for a 5-10x return.
SpeedUp invests in companies that have a connection with Poland. This can come in many forms within 5 years after the investment, for example R&D or sales.
Most of their investments are in B2B, B2B2C and SaaS companies. B2G is possible in cases with strong indications of ability to sell and scale.
It’s common for them to be the only investor in the round, but they’ll be happy to lead or co-invest as well.
SpeedUp has two funds with different investment criteria.
Ticket size €600k – 1M, sweet spot 750k, maximum total allocation per company 5M.
Product type: Any tech except pharma, very rarely also Marketplaces (connection with e.g. energy, IoT, industry, smart manufacturing, cleantech)
Revenue: €100k/y or more.
Product readiness level: Product or Scaling
Valuation: Max €10M
Ticket size €200k-250k, sweet spot 250k, maximum total allocation per company 250k (no follow-on).
Product type: Any tech that has an R&D component. No marketplaces. Pharma is possible.
Revenue: None or any.
Product stage: Proof of Concept, Prototype or Product.
Valuation: Max €4M
The company’s requirements for a connection with Poland are more strict.
The information below is generated automatically from the investor’s overall information in our database, which doesn’t separate between different funds of the same investor.