Alfvén & Didrikson

Alfvén & Didrikson is a prominent Stockholm-based venture capital firm established in 2010, specializing in growth equity investments within the Northern European technology sector. The firm targets fast-growing companies with proven business models, primarily focusing on B2B software, marketplaces, and select consumer technology ventures. Their investment philosophy centers on becoming long-term partners to ambitious entrepreneurs, providing not just capital but also strategic support to scale operations and facilitate international expansion. They are known for taking significant minority stakes, demonstrating a commitment to active ownership and value creation alongside founders.

The firm typically engages with companies at the Series B stage and beyond, where businesses have already achieved product-market fit and are poised for significant scaling. Alfvén & Didrikson seeks out companies demonstrating strong unit economics, defensible market positions, and visionary leadership. Their approach is highly selective, aiming to build a concentrated portfolio of high-potential enterprises that can become market leaders in their respective niches. This focus allows them to dedicate substantial resources and expertise to each portfolio company, fostering sustainable growth.

Alfvén & Didrikson has consistently grown its capital base, underscoring its increasing influence in the European tech ecosystem. In March 2022, the firm successfully closed its fourth fund, A&D IV, at €300 million, significantly oversubscribed and marking a substantial increase from its previous funds. This substantial capital pool enables them to deploy initial investments typically ranging from €5 million to €50 million, with the capacity for significant follow-on funding to support continued growth and strategic initiatives. Their robust financial backing and deep operational expertise position them as a key partner for Northern European tech companies aiming for global leadership.