Spectria Invest is a new Swedish investment fund with $5M to finance startups from Jönköping.
Spectria Invest is an investment fund based in Jönköping, Sweden and looking to invest in growth companies from the area.
The company was founded by Science Park, a local investment network that runs an incubator and a seed capital company looking to support growth companies from the Jönköping County.
Other investors include Emtio Invest, WilRon Ventures, Länsförsäkringar Jönköping, Jönköping University, Investment AB Chiffonjén, Smålandskapital and Jönköping Business Development.
Spectria Invest is led by CEO Gustav Österström, has SEK 40M ($4.8M) available and aims to increase capital to SEK 80M before the end of 2018.
The firm is looking to investing 1-10 million SEK in regional growth companies with a verified business model and good development potential.