Lunova

Lunova AB operates as a specialized investment and venture capital firm dedicated to fostering innovation in northern Sweden. With a strategic focus on early-stage ventures, the company aims to stimulate economic growth by supporting promising business concepts and creating employment opportunities specifically within the Norrbotten region and northern Västerbotten. The firm's ownership structure reflects its regional commitment, being equally held by LTU Holding, Norrsådd, and Sparbanken Nord, creating a strong foundation of local expertise and resources.

The investment philosophy at Lunova centers on identifying and nurturing innovative ideas with substantial growth potential. Their approach involves providing not just minority equity capital but also valuable business expertise to entrepreneurs, helping transform promising concepts into sustainable enterprises. This hands-on investment strategy particularly targets newly established companies or those poised for significant growth, with the prerequisite that these ventures maintain meaningful connections to Lunova's geographic focus area.

Lunova has built an impressive portfolio that demonstrates its commitment to regional innovation across diverse sectors. Current investments include Nordic Quick Systems, Curest, and FieldRobotiX, alongside seed investments in emerging ventures such as Arctic Space Technologies, SustainaSearch, and No Waste Company. The firm has also allocated capital to broader investment vehicles including Arctic Ventures Ett and Arctic Ventures Två, which further extend its impact across the northern Swedish innovation ecosystem.

The firm's track record includes several successful exits, validating its investment approach and expertise in guiding early-stage companies to maturity. Notable completed exits encompass Once Upon, Agency 9, BehavioSec, and Designtech Projektsamverkan AB, as well as Progira, Frigeo, Oricane AB, and Mobizoft. These successful divestments highlight Lunova's ability to identify promising ventures early and transform regional innovations into commercially viable businesses that attract acquisition interest, ultimately fulfilling the company's mission of sustainable business development in northern Sweden.