Luminar Ventures secures 715 MSEK

(Stockholm, a VC with a focus on investing in Nordic digital companies at the seed stage): Has secured 715 MSEK to its new fund. Investors include the European Investment Fund EIF, Saminvest, the Church of Sweden, Ericsson’s pension fund, and several private investors. “Even if we find ourselves in challenging times, we see this as a golden opportunity to invest in and support the entrepreneurs who dare to defy convention and drive innovation. History has shown that adversity often breeds greatness,” comments member Louise Hagen.