First Venture

First Venture is a Swedish investment company that backs businesses in technology, health and sustainability. Its mandate spans both listed and unlisted companies, with the firm acquiring shares in businesses it assesses as having clear value potential. The stated focus is the early-growth stage sometimes described as the "Valley of Death" - the interval between initial product development and the point at which a company can sustain itself - where access to capital and operating support is often most constrained.

Capital is deployed alongside active ownership. First Venture works directly with portfolio-company entrepreneurs on the building blocks of an early-growth business: product development, team construction and sales capacity. The firm describes itself as a long-term owner and combines its own investment experience with a network of advisers that can be brought to bear on portfolio companies.

Sector selection is organised around three technical domains - technology, health and sustainability - with sustainable agriculture named among its industry verticals. The investment thesis is framed around long-term megatrends, and the stated objective of the portfolio is to contribute to a better future while supporting management teams in developing their businesses and pursuing their goals.