Swedbank Robur
Description
Swedbank Robur is one of the largest asset managers in the Nordic region, headquartered in Stockholm, Sweden. Far from being a "small" fund as suggested in the provided description, the firm manages substantial assets, primarily for mutual funds, pension funds, and institutional clients. As of the fourth quarter of 2023, Swedbank Robur's assets under management (AUM) stood at approximately SEK 1,900 billion, which translates to about USD 180 billion. Their investment strategy is predominantly focused on public market securities, including listed equities and fixed income, across various sectors and geographies.
The firm is widely recognized for its strong commitment to responsible investing and sustainability. They integrate Environmental, Social, and Governance (ESG) factors into their investment processes, aiming to generate long-term value while contributing to a sustainable future. This approach is applied across their extensive portfolio, influencing decisions on company engagement and proxy voting.
However, it is important to note that Swedbank Robur does not operate as a direct venture capital investor. Their core business revolves around managing large-scale, diversified portfolios of public securities rather than providing early-stage or growth capital to startups. Consequently, they do not engage in the typical "first cheque" funding rounds characteristic of venture capital firms, and therefore, do not have a defined range for such investments in the startup ecosystem.
Investor Profile
Swedbank Robur has backed more than 25 startups, with 0 new investments in the last 12 months alone. The firm has led 14 rounds, about 56% of its total and boasts 10 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series Unknown, Post Ipo Equity, Series B rounds (top funding stages).
- Majority of deals are located in Sweden, United States, United Kingdom.
- Strong thematic focus on Health Care, Mobile Apps, Publishing.
Stage Focus
- Series Unknown (36%)
- Post Ipo Equity (28%)
- Series B (16%)
- Convertible Note (12%)
- Series C (8%)
Country Focus
- Sweden (80%)
- United States (8%)
- United Kingdom (4%)
- Germany (4%)
- Norway (4%)
Industry Focus
- Health Care
- Mobile Apps
- Publishing
- Energy
- Manufacturing
- Medical
- Software
- Pc Games
- Apps
- Audiobooks
Frequently Asked Questions
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