Latest fund size
$750M
Announced
November 2, 2026
Global HQ
Sweden
Members only
Check size
$5M-$15M
Members only
Stage focus
Pre-Seed, Seed, Series A
Members only
Regions of investment
Europe, United States
Members only
Creandum is a Stockholm-based early-stage venture capital firm founded in 2003, with additional offices in San Francisco, London, and Berlin. The firm closed its largest fund to date, Fund VIII, at $750 million in November 2026, backing generalist, AI-driven founders from pre-seed through Series A across Europe and the United States.
Fredrik Cassel, General Partner
Staffan Helgesson, General Partner
staffan.helgesson@creandum.com
Simon Schmincke, General Partner
Carl Fritjofsson, General Partner
Jakob Stein, Partner
Katharina Wilhelm, Partner
Hanel Baveja, Partner
Lars Nordwall, Venture Partner
Peter Stilwell, Operating Partner
Richard Keuntje, Vice President
Filip Mark, Vice President
Nelson Casata, Vice President
Cameron Sellers, Vice President
Clara Leise, Vice President
Sarah Otter, Investor
Felisa Matsumoto, Investor
Members only
Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.
Creandum is a Stockholm-based early-stage venture capital firm with a generalist thesis, backing founders from pre-seed through Series A.
The firm expects artificial intelligence to drive much of its opportunity going forward, investing behind the view that the biggest companies get founded when underlying technology shifts are reshaping software and enterprise markets.
Creandum writes larger-than-typical early-stage checks, with average initial investments well above the early-stage norm, and plans around 30 investments over the life of Fund VIII, split evenly between new companies and follow-on rounds.
The firm invests across Europe and the United States, and is tripling its San Francisco team over the next two years to serve American founders directly and help European companies expand into the US market.
Members only
What the fund looks for in founders and which sectors it backs.
Creandum closed Fund VIII at $750 million, its largest fund to date and about a third larger than its previous fund, Fund VII, which closed at $558.5 million in June 2024.
The new fund drew commitments from roughly 30 institutional limited partners across Europe and the US, including university endowments, pension funds, and charitable foundations.
Fund VIII accounts for roughly 5 percent of the $14.9 billion raised across 111 European VC funds through September 2026.
Members only
Fund size, LPs and track record.
Leadership
Investment Strategy
Creandum invests from seed through growth stages in global, category-defining companies, with Fund VIII specifically targeting pre-seed through Series A.
The firm plans around 30 investments over two years, split evenly between new companies and follow-on rounds, with average initial checks well above the typical early-stage range.
Notable Investments
Notable Exits
Creandum says one in six companies it has backed has reached a valuation of $1 billion or more, with Spotify's public listing among its most prominent outcomes.
Members only
Leadership, investment strategy, notable investments and exits.
