# Walerud Ventures

Walerud Ventures is a Venture Capital based in Stockholm, Sweden.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Stockholm, Sweden
- **Region:** Europe
- **Address:** Stockholm, Sweden
- **Founded:** 2002
- **Assets under management:** Undisclosed
- **Website:** www.walerud.com
- **LinkedIn:** https://www.linkedin.com/company/walerud-ventures

## Regulatory record

- **Reports private funds:** No

## About

Walerud Ventures focuses on Nordic, deep tech, pre-seed projects for the living planet. They describe themselves as first investor and last cofounder. They work actively with several companies but are not engaging with new startups, and ask that people contact portfolio companies directly.

## Sectors

- Enterprise Software
- AI/ML
- Deep Tech
- FinTech
- Industrial Tech

## People

- Jane Walerud — Partner
- Bengt Walerud — Partner

## Questions

### Who founded Walerud Ventures and where did the capital come from?

Jane Walerud and Bengt Walerud founded the firm in Stockholm. The capital originates from Jane's exits — particularly the sale of telecom-software company Bluetail to Alcatel in 2000 and her early angel investment in Klarna, which became one of Europe's most valuable fintechs. The firm deploys only family capital and does not manage third-party funds.

### Which sectors does Walerud Ventures concentrate on?

Deeptech, enterprise software, applied AI/ML, industrial automation, and advanced manufacturing form the core. The firm consistently backs founders solving hard engineering problems — pure digital-marketplace or consumer-social deals are effectively absent from its portfolio.

### Does Walerud Ventures invest outside the Nordics?

The primary geographic focus is Sweden and the broader Nordic region. The firm has occasionally participated in German and UK deep-tech seed rounds, but no formal pan-European or North American mandate exists. The vast majority of its known portfolio companies are headquartered in Sweden.

### What are some publicly known investments from Walerud Ventures?

Confirmed positions include OpiFlex, a flexible-manufacturing robotics company; Flow Neuroscience, which develops AI-driven brain-stimulation therapies for depression; and its earliest angel bet, Klarna, though that predates the formal venture vehicle. Jane Walerud remains associated with each of these on the board or as an early backer.

### How does Walerud Ventures source deals?

Deal flow is overwhelmingly relationship-driven through Jane Walerud's three-decade network in Swedish engineering and startup circles. She co-founded the Stockholm startup scene's informal angel groups and continues to syndicate rounds alongside a tight set of individual investors, giving the firm early visibility into university spinouts and founder-led deeptech projects.

## Related profiles

- [Walder Ventures](https://altss.com/profile/walder-ventures)
- [Walkabout Ventures](https://altss.com/profile/walkabout-ventures)

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Last updated: 2026-08-11T15:08:32.892Z

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