Luminar Ventures

Luminar Ventures is a prominent Nordic venture capital firm that specializes in pre-seed and seed-stage investments. The firm is dedicated to identifying and supporting visionary founders within the Nordic region who are developing groundbreaking technologies and business models. They aim to help these early-stage companies achieve product-market fit, accelerate growth, and prepare for international expansion, offering both capital and active operational guidance.

Founded in 2017 by serial entrepreneurs and experienced angel investors Jacob Key and Magnus Bergman, alongside Stockholm Innovation and Growth (Sting), Luminar Ventures has rapidly established itself as one of the most active pre-seed and seed-stage VC funds in the Nordics. Both founders brought extensive experience from numerous early-stage investments and successful exits prior to establishing Luminar. The firm's latest fund vintage is 2022, and it manages approximately €125 million in assets.

Luminar Ventures maintains a generalist sector focus, with a sweet spot for investments ranging from €1 million to €2 million, within a broader ticket range of €500k to €2.5 million. Their portfolio includes a diverse array of companies such as Aviant, Deckmatch, Greenely, Petbuddy Group, Open Payments, and Photoncycle, demonstrating their commitment to various sectors including B2B SaaS, data businesses, energy solutions, and payments.

The team at Luminar Ventures comprises experienced investors with backgrounds as founders and operators. Co-Founders Jacob Key and Magnus Bergman are noted for their extensive angel investing careers and successful exits. Partners like Louise Hagen bring experience in strategy and M&A, while Reid Jackson is a serial founder with a background in social media and urban mobility. The team's collective expertise and hands-on approach are central to their strategy of guiding startups from initial vision to hyper-growth.