Private Equity

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Nexttobe

Erika Kjellberg Eriksson runs Nexttobe, a self-funded Swedish VC that has backed over 30 life-science and tech companies since 2011.

Nexttobe logo

Nexttobe

Nexttobe AB is a private equity firm based in Uppsala, Sweden. It focuses on a Venture Capital strategy. The firm has a team of three employees.

General information

Firm type

Private Equity

Year founded

2011

AUM

Undisclosed

Location

Region

Europe

Country

Sweden

City

Uppsala

Corporate office

Uppsala, Sweden

Principals

Erika Kjellberg Eriksson

CEO and Chair of the Board

Per-Olof Wallström

Member of the Board

Angelica Loskog

Scientific adviser

Sector focus

Digital HealthHealthcare Services

Frequently asked questions

Who runs investment decisions at Nexttobe?

CEO and Chair Erika Kjellberg Eriksson leads the firm. She built her career as CFO of OxThera, Vice President and CFO of Q-Med, and CFO and CEO of BioPhausia before moving into venture leadership. Board member Per-Olof Wallström and scientific adviser Angelica Loskog provide deal-evaluation support, with Loskog bringing hands-on immunotherapy research directly from Uppsala University and portfolio company Lokon Pharma.

How is Nexttobe funded?

The firm is fully privately owned and self-capitalized. It does not solicit external LP commitments, which it says lets the team make faster decisions than a traditional venture fund. The source of the proprietary capital has not been publicly disclosed.

Does Nexttobe participate in fund commitments or only direct deals?

Nexttobe only makes direct equity investments. It does not invest as a limited partner in other venture funds or private equity vehicles. The firm takes active ownership positions and works alongside management teams to commercialize the underlying businesses.

What investment stages does Nexttobe target?

The firm focuses on early-phase projects with high scientific quality, spanning venture and growth equity. It emphasizes healthcare, medical devices, and specialty pharmaceuticals, while remaining open to technology and consumer companies when the idea is unique. The 30-plus portfolio includes both startups and more developed platforms like Hansa Biopharma and Q-linea.

Which sectors does Nexttobe explicitly avoid?

Nexttobe does not publish an explicit exclusion list. However, the portfolio concentrates on healthcare and life sciences, with a smaller set of technology and consumer companies. There is no evidence of investments in sectors such as fossil fuels, real estate, or traditional industrial manufacturing.

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