BackingMinds

Overview

BackingMinds is a Swedish venture capital firm that identifies and supports high-performing founders outside traditional venture capital networks. They focus on early-stage tech companies, particularly in the Nordic region, aiming to back entrepreneurs in sectors and regions often overlooked by conventional investors. Their investment approach emphasizes proactive engagement and collaborative partnerships, providing more than just financial support to foster growth and innovation. The firm typically leads or co-leads investment rounds with ticket sizes ranging from €500K to €3M, primarily in post-revenue companies. Their investment areas include green tech, sustainability, impact, and diversity, reflecting a commitment to sectors that contribute positively to society and the environment. BackingMinds is open to opportunities across Europe, provided companies have a legal presence within the EU or EEA. Founded in 2016 by Susanne Najafi and Sara Wimmercranz, BackingMinds has established itself as a significant player in the European venture capital landscape. The firm has made 13 investments to date, focusing on scalable, customer-centric businesses with proven revenue models. Their philosophy centers on creating value that is financial, social, and environmental, believing that the best returns come from businesses that matter. BackingMinds operates from Stockholm, Sweden, and maintains an active presence in the European startup ecosystem.

Investment Focus

• Companies must have a legal presence within the EU or EEA
• Focus on scalable, customer-centric businesses with proven revenue models
• Alignment with investment areas: green tech, sustainability, impact, and diversity