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Turbine Capital secures €54 million for its debut early-stage DeepTech vehicle

Swedish investor Turbine Capital completes the final close of its first fund to support early-stage Nordic DeepTech businesses.

Editorial team Replicable · · Source: EU-Startups

Swedish venture capital firm Turbine Capital has completed the final close of its initial investment vehicle at €54 million, corresponding to SEK 608 million. The fund targets early-stage DeepTech enterprises across the Nordic region. Industrial backer Mycronic has joined the investor base alongside Saab, Scania, Volvo Cars, Stena, and multiple industrial family offices and private backers.