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EQT Ventures

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Dossier Summary

European venture fund backed by EQT, using AI-powered deal sourcing to invest across the continent.

Classification
Slugeqt-ventures
HQStockholm
Stage FocusMulti-stage, sector-agnostic strategy making equity inves…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

EQT Ventures is the real deal - they're not your typical suit-and-tie VC shop but actual operators who've been in the trenches. The team is made up of ex-founders and operators who know what it takes to build a company – the good, the bad, and everything in between. Their secret weapon is Motherbrain, a proprietary AI platform that monitors over 10 million companies and has guided over $100 million in portfolio investments. But here's what founders really need to know: they're serious about being hands-on post-investment and have the track record to prove it works. Their existing portfolio is performing in the top 5% of all funds of its vintage, and they're already returning money to investors - almost unheard of this early. The downside? They're popular, which means higher bars and more competition for deals.

KEY TAKEAWAYS
  • Best for: European founders seeking genuinely operational VCs with gaming/consumer expertise
  • Known for: Top-tier portfolio performance and hands-on post-investment support
  • Watch out for: High competition for deals due to strong reputation and track record
Investment Thesis

EQT Ventures partners with founders building Generation-Defining Companies (GDCs) – the ones who dream big and aim to shape the next decade. With 1.1 billion euro invested behind the EQT Venture strategy, they back ambitious visions that have the potential to be game-changers, creating resilient businesses that stand the test of time.

Stage & Sector Focus

Multi-stage, sector-agnostic strategy making equity investments ranging from €1 million to €75 million. Primarily focuses on European companies but also invests in seed-stage, early-stage, and later-stage companies in information technology and SaaS sectors across Europe and the United States.

Notable Portfolio
WoltSmall Giant GamesEinrideNetlifyNothingCandelaNatural CyclesHandshake
Key Partners
Lars Jörnow
Founding Partner

Co-founded EQT Ventures in 2015 and has since been one of the most active partners in the European ecosystem. Previously spent six years at King Digital where he led the team that developed Candy Crush Saga as VP of Mobile. He focuses on mass-market consumer companies and seeks to partner with founders by leading Seed or Series A rounds.

Doreen Huber
Partner

One of Germany's most respected business entrepreneurs and food technology experts, having founded her first company at 23. As founder and CEO of food-tech startup LEMONCAT (acquired in 2019), she built a marketplace and SaaS solution for the European catering industry. Previously was COO of food delivery unicorn Delivery Hero, currently valued at over €10bn.

Tom Mendoza
Partner

Partner at EQT Ventures who recently led the $14 million Series A of Pactio, building infrastructure for private markets. Known for his ability to identify teams with deep industry and tech expertise and compelling visions for transformational infrastructure plays.

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