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Turbine Capital

A venture capital fund for early deeptech companies offering capital and industrial expertise to accelerate the growth of deeptech startups in Sweden and Europe.

Amount

SEK 750 million (final closing)

Funding rate

Varies — depends on the scope of the project and the grant provider's assessment.

Deadline

No fixed deadline specified — applications are usually accepted continuously. Check current dates with the grant provider.

About the grant

Turbine Capital is a new venture capital fund focused on early deeptech companies, backed by leading Swedish industrial companies such as SAAB Ventures as well as university-affiliated incubators and holding companies. The fund aims to accelerate deeptech startups into international growth companies and has a final target of SEK 750 million. It offers capital, industrial expertise and access to corporate networks to support the growth journey of deeptech startups. The fund plans to invest in 30-40 startups over the next 15 years and serves as a platform for cross-industry collaboration within deeptech in Sweden and Europe.

Requirements

  • The fund targets early deeptech startups.

What types of project are suitable?

innovation

Source

Read more at GU Ventures

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