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Formica Capital

Europe, Vastra Gotaland, Sweden, Göteborg

Description

Formica Capital is a Swedish investment company with a long-term ownership strategy.

Investor Profile

Formica Capital has backed more than 10 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 20% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series D, Convertible Note rounds (top funding stages).
  • Majority of deals are located in Sweden, United States, Singapore.
  • Strong thematic focus on Renewable Energy, Information Technology, Energy.

Stage Focus

  • Series Unknown (40%)
  • Series D (10%)
  • Convertible Note (10%)
  • Series A (10%)
  • Secondary Market (10%)
  • Debt Financing (10%)
  • Private Equity (10%)

Country Focus

  • Sweden (60%)
  • United States (20%)
  • Singapore (20%)

Industry Focus

  • Renewable Energy
  • Information Technology
  • Energy
  • Financial Services
  • Elder Care
  • Elderly
  • Health Care
  • Health Insurance
  • Application Performance Management
  • Cleantech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Formica Capital frequently co-invest with?

Jaws Ventures
North America, Florida, United States, Miami
Co-Investments: 1
BA
North America, California, United States, San Francisco
Co-Investments: 1
General Catalyst
North America, Massachusetts, United States, Cambridge
Co-Investments: 1
Emerson Collective
North America, California, United States, Palo Alto
Co-Investments: 1
GIC
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
ICONIQ Growth
North America, California, United States, San Francisco
Co-Investments: 1
Frist Cressey Ventures
North America, Tennessee, United States, Nashville
Co-Investments: 1
Green Sands Equity
North America, California, United States, San Francisco
Co-Investments: 1
Andreessen Horowitz
North America, California, United States, Menlo Park
Co-Investments: 1
Maverick Ventures
North America, California, United States, San Francisco
Co-Investments: 1

Which angels does Formica Capital often collaborate with?

LW
North America, Washington, United States, Seattle
Shared Deals: 1
PC
North America, California, United States, Palo Alto
Shared Deals: 1
MH
Europe, Lisboa, Portugal, Lisbon
Shared Deals: 1
NZ
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Formica Capital?

Polarium

Stockholm, Stockholms Lan, Sweden

Polarium offers Lithium battery solutions for telecom.

BatteryEnergyInformation TechnologyInternetMobileMobile DevicesTelecommunications
Secondary MarketOct 18, 2022
Amount Raised: $99,277,718
Orbital Systems

Malmö, Skane Lan, Sweden

ORBITAL SYSTEMS is a Swedish clean-tech company that develops a water recycling technology to be used in domestic appliances.

Application Performance ManagementInformation TechnologyRenewable Energy
Convertible NoteJan 25, 2022
Amount Raised: $23,000,000
Nock Massiva Trähus

Älvängen, Vastra Gotaland, Sweden

Nock Massiva Trähus produces apartment buildings in solid wood with modern and rational volume construction technology.

ConstructionWood Processing
Series UnknownNov 29, 2021
ChargeNode

Landvetter, Vastra Gotaland, Sweden

ChargeNode offers charging solutions for electric and hybrid vehicles.

Charging InfrastructureRenewable Energy
Series UnknownNov 18, 2021
Amount Raised: $12,968,535
Devoted Health

Waltham, Massachusetts, United States

Devoted Health is a healthcare company serving seniors and giving them a health care plan with personal guides and world-class technology.

Elder CareElderlyHealth CareHealth Insurance
Series DOct 8, 2021
Amount Raised: $1,150,000,000
Ecokraft

Eskilstuna, Sodermanlands Lan, Sweden

Ecokraft delivers high-quality solar cell installations to commercial properties and agriculture, as well as to the residential market.

Renewable EnergySolar
Private EquityNov 30, 2020
Swedish Algae Factory

Gothenburg, Vastra Gotaland, Sweden

Swedish Algae Factory extracts with silicon algae as a raw material a nanoporous material from these algae.

ConsumerMachinery ManufacturingWaste Management
Series UnknownMar 17, 2020
Amount Raised: $5,361,343
Sierra Energy

Davis, California, United States

Sierra Energy is a technology that turns trash into energy without burning.

CleanTechEnergy
Series AJul 29, 2019
Amount Raised: $33,000,000
Collectius

Singapore, Central Region, Singapore

Collectius Group is a multinational credit management service and asset management company.

Financial Services
Series UnknownJun 25, 2019
Collectius

Singapore, Central Region, Singapore

Collectius Group is a multinational credit management service and asset management company.

Financial Services
Debt FinancingJun 25, 2019