Top 16 Weight Management Nutrition Investors in the Nordics
Top 16 Weight Management Nutrition Investors in the Nordics
The weight management nutrition industry in the Nordics is a vibrant space focusing on health-conscious eating and lifestyle modifications. It includes companies producing meal replacements, dietary supplements, and digital health solutions that help individuals achieve and maintain their weight goals. With increasing awareness around obesity and health issues, consumers are turning to innovative nutrition products and sustainable food options. Trends indicate a growing shift towards plant-based diets and personalized nutrition solutions, driven by advancements in technology. The industry is evolving rapidly, fostering collaboration among food tech, health apps, and traditional nutrition brands to cater to heightened demand.
This list highlights 16 key investors in the weight management nutrition sector in the Nordics. Comprising venture capital firms, corporate investors, and private equity groups, these entities support a range of innovative startups. Spanning regions like Denmark, Sweden, and Finland, these investors vary in size from small operations to large firms with thousands of employees. Established from 1923 to 2018, their focus on the wellness space is reflected in their 2024 investment activities, with players like Novo Holdings and EQT Group making substantial contributions to the field.
Top 16 Weight Management Nutrition Investors in the Nordics
1. Novo Holdings
- Website: novoholdings.dk
- Type: Venture Capital
- Headquarters: Hellerup, Denmark
- Founded year: 1999
- Headcount: 51-200
- Number of deals in 2024: 45
- LinkedIn: novo-a-s
Novo Holdings A/S is a not-for-profit investment firm based in Hellerup, Denmark, founded in 1999. It manages the assets of the Novo Nordisk Foundation and focuses on investing in life science companies at various stages of development. The firm provides capital and strategic support to enhance healthcare solutions. Notably, Novo Holdings has participated in significant transactions such as Noom, a psychology-based digital health platform that raised $540 million to expand its behavior change platform, which is relevant to weight management. Additionally, it invested in Kate Farms, which raised $75 million for its nutrition products, further emphasizing its engagement in the nutrition sector. These investments highlight Novo Holdings' commitment to supporting innovative solutions in health and nutrition, particularly in the context of weight management.
2. EQT Group
- Website: eqtgroup.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1994
- Headcount: 1001-5000
- Number of deals in 2024: 30
- LinkedIn: eqt-partners
EQT Group is a prominent private equity firm based in Stockholm, Sweden, founded in 1994. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, growth equity, and venture capital. EQT serves institutional investors by providing expertise in managing varied investment portfolios across multiple sectors and geographies. Notably, EQT has participated in significant transactions such as leading a $85 million Series F funding round for Gympass, a company that promotes fitness and well-being, which indirectly relates to weight management. Additionally, EQT's acquisition of Karo Healthcare and investments in companies like LIVEKINDLY, which focuses on plant-based nutrition, further illustrate their engagement in health-oriented sectors. These transactions highlight EQT's potential interest in the weight management nutrition industry, even if it is not their sole focus.
3. Kale United
- Website: kaleunited.com
- Type: Corporate
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2018
- Headcount: 1-10
- Number of deals in 2024: 2
- LinkedIn: kaleunited
Kale United is a corporate investment firm based in Stockholm, Sweden, founded in 2018. The firm specializes in impact investments focused on sustainable food production, particularly in the plant-based and foodtech sectors. Kale United aims to support the transition to a plant-based lifestyle while delivering financial returns for individual and institutional investors. Notable transactions include the acquisition of Enkla Kassen, a vegan meal kit service, which facilitates access to healthy meal options, and investments in Swedish Temptations, a producer of vegan and organic foods, which aims to automate production and expand sales in the Nordic market. These investments reflect Kale United's commitment to promoting healthier eating habits and sustainable food practices, aligning with the goals of weight management nutrition.
4. Seed Capital Denmark
- Website: seedcapital.dk
- Type: Venture Capital
- Headquarters: Frederiksberg, Frederiksberg, Denmark
- Founded year: 2004
- Headcount: 1-10
- Number of deals in 2024: 5
- LinkedIn: seed-capital-denmark
Seed Capital Denmark is a venture capital firm based in Frederiksberg, Denmark, founded in 2004. The firm specializes in providing seed funding and advisory services to technology startups, particularly in sectors such as SaaS and Fintech. However, they have also shown interest in the weight management nutrition industry, as evidenced by their recent investment in Embla, a Danish weight loss app that raised €10 million in a Series A funding round co-led by Seed Capital. This investment highlights their commitment to supporting innovative solutions in the weight management space, alongside their broader focus on technology startups. Additionally, Seed Capital has a strong track record of successful investments, supporting portfolio companies from seed stage to exit, which further enhances their profile as a relevant investor in the weight management nutrition sector.
5. Creandum
- Website: creandum.com
- Type: Venture Capital
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2003
- Headcount: 11-50
- Number of deals in 2024: 17
- LinkedIn: creandum
Creandum is a venture capital firm based in Stockholm, Sweden, founded in 2003. They specialize in supporting early-stage entrepreneurs in building global, category-defining companies across various sectors, including fintech and health tech. Creandum provides venture capital investment, strategic support, and networking opportunities to startups. Notably, they have invested in Virta Health, which focuses on combating Type 2 Diabetes through nutritional and lifestyle changes, raising significant funding in multiple rounds. Additionally, they led a Series A funding round for 8fit, a health and fitness company that has helped millions achieve their fitness goals through customized plans. These transactions highlight Creandum's active role in the health and nutrition space, particularly in areas related to weight management.
6. Heartcore Capital
- Website: heartcore.com
- Type: Venture Capital
- Headquarters: Copenhagen, Denmark
- Founded year: 2007
- Headcount: 11-50
- Number of deals in 2024: 17
- LinkedIn: heartcorecapital
Heartcore Capital is a venture capital firm based in Copenhagen, Denmark, founded in 2007. The firm specializes in investing in early-stage technology companies and emphasizes building long-term relationships with entrepreneurs. In 2024, Heartcore Capital has already made 17 investments, showcasing their active role in the venture capital landscape. Notably, they have invested in La Fourche, which raised a total of $14.5 million across two Series B funding rounds in 2023 and 2024, focusing on organic food products that cater to health-conscious consumers. Additionally, they participated in the funding of Front of the Pack, a nutrition-focused startup that raised $10 million in Series A funding, indicating their interest in companies that align with weight management and nutrition. These transactions highlight Heartcore's engagement in the nutrition sector, particularly in areas relevant to weight management.
7. Lifeline Ventures
- Website: lifelineventures.com
- Type: Venture Capital
- Headquarters: Helsinki, Uusimaa, Finland
- Founded year: 2009
- Headcount: 1-10
- Number of deals in 2024: 14
- LinkedIn: lifeline-ventures
Lifeline Ventures is a venture capital firm based in Helsinki, Uusimaa, Finland, founded in 2009. The firm specializes in early-stage investments in startups across various sectors, providing financial backing and advisory services to resilient founders. Among their notable transactions, Lifeline Ventures invested in Ambronite, which raised $600,000 in a seed round in 2015, focusing on meal replacement products that cater to health-conscious consumers. They also participated in the seed funding of Oura, which raised $2.3 million in 2015 for its wellness ring and app, designed to track health metrics that can aid in weight management. Additionally, Lifeline Ventures was involved in the funding of Veri, a health tech company, indicating their broader interest in health-related innovations. These transactions highlight Lifeline Ventures' engagement in the health and nutrition sectors, particularly those that align with weight management.
8. EQT Ventures
- Website: eqtventures.com
- Type: Venture Capital
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 2015
- Headcount: 11-50
- Number of deals in 2024: 28
- LinkedIn: eqt-ventures
EQT Ventures is a venture capital firm based in Stockholm, Sweden, founded in 2015. The firm specializes in investing in early-stage tech startups, providing not only financial support but also operational assistance to entrepreneurs. EQT Ventures connects startups with a global network of industry experts and resources to foster growth and innovation. Notably, they have invested in companies like Natural Cycles, which focuses on women's health and reproductive technology, and Lenus eHealth, a health technology startup. These investments highlight EQT Ventures' interest in health-related sectors, particularly those that may influence weight management and nutrition through technology and innovative solutions.
9. Zinzino
- Website: zinzino.com
- Type: Corporate
- Headquarters: Gothenburg, Västra Götaland, Sweden
- Founded year: 2005
- Headcount: 51-200
- Number of deals in 2024: 5
- LinkedIn: zinzino_2
Zinzino is a corporate investor based in Gothenburg, Västra Götaland, Sweden, founded in 2005. The company specializes in health supplements and offers a variety of nutritional products and home health tests designed to enhance individual wellness. In 2024, Zinzino made significant acquisitions, including Zurvita for $11,500,000, which is known for its health and wellness products, and Valentus Global, further solidifying its position in the weight management nutrition market. Additionally, Zinzino acquired a 49% stake in Cleanthi Alpha-Olenic LTD, a producer of olive oil, which may complement their health-focused product offerings. These transactions reflect Zinzino's commitment to expanding its influence and product range within the health and nutrition sector, particularly in weight management.
10. Orkla ASA
- Website: orkla.com
- Type: Corporate
- Headquarters: Oslo, Oslo, Norway
- Founded year: 2017
- Headcount: 10001+
- Number of deals in 2024: 1
- LinkedIn: orkla-asa
Orkla ASA is a leading industrial investment company based in Oslo, Norway, founded in 2017. It operates across various sectors, including branded consumer goods, aluminium solutions, and financial investments. Orkla offers a diverse range of products, particularly in food, snacks, health, and personal care. Notably, Orkla has made significant strides in the health and nutrition sector through key acquisitions. In 2017, it acquired Health and Sports Nutrition Group HSNG AB for approximately US$42.41 million, making it the largest online health and sports nutrition company in the Nordic region. In 2021, Orkla acquired NutraQ for NOK 3.1 billion, which includes health and beauty brands like VitaePro and Oslo Skin Lab. Additionally, the acquisition of Vesterålen Marine Oil in 2022 aligns with Orkla's strategy to enhance health and sustainability initiatives, particularly for its Möller’s Tran cod liver oil brand. These transactions highlight Orkla's commitment to the health and nutrition market, making it a relevant player in the weight management nutrition industry.
11. Finnfund
- Website: finnfund.fi
- Type: Corporate
- Headquarters: Helsinki, Uusimaa, Finland
- Founded year: 1980
- Headcount: 51-200
- Number of deals in 2024: 7
- LinkedIn: finnfund
Finnfund is a not-for-profit development financier and impact investor based in Helsinki, Finland, founded in 1980. The organization focuses on creating sustainable futures by investing in companies that address global development challenges, particularly in developing countries. Finnfund provides investment and advisory services to promote economic growth and sustainability across various sectors. Notably, Finnfund has participated in significant transactions such as the $30 million investment in HealthifyMe, an AI health and fitness startup, which aims to enhance its AI capabilities and expand globally. Additionally, Finnfund has invested in Kasha, a Rwandan e-commerce platform for women's health products, further emphasizing its commitment to health and nutrition. These investments reflect Finnfund's alignment with the weight management nutrition industry, as they support initiatives that promote health and wellness.
12. Nordic Capital
- Website: nordiccapital.com
- Type: Private Equity
- Headquarters: Stockholm, Stockholm, Sweden
- Founded year: 1989
- Headcount: 201-500
- Number of deals in 2024: 10
- LinkedIn: nordic-capital
Nordic Capital is a private equity firm based in Stockholm, Sweden, founded in 1989. The firm specializes in investments across various sectors, including healthcare and technology, and is known for partnering with management teams to drive growth and operational improvements in portfolio companies. Notably, Nordic Capital has made significant investments in the health and nutrition sector, including the acquisition of Greenfood Group, a company focused on healthy food solutions, which aligns with weight management nutrition. They also acquired GesundHeits GmbH Deutschland, further emphasizing their interest in health-related investments. With a strong focus on creating long-term value and sustainability, Nordic Capital seeks to provide institutional investors with sustainable investment opportunities, making them a noteworthy player in the weight management nutrition space.
13. Novo Nordisk
- Website: novonordisk.com
- Type: Corporate
- Headquarters: Denmark
- Founded year: 1923
- Headcount: 10001+
- Number of deals in 2024: 4
- LinkedIn: novo-nordisk
Novo Nordisk A/S is a leading multinational pharmaceutical company based in Denmark, founded in 1923. The company specializes in diabetes care and other chronic disease treatments, developing and manufacturing a range of medications, including semaglutide, which has been shown to aid in weight loss. In recent years, Novo Nordisk has made significant investments in companies that align with their focus on health and chronic disease management. Notably, they acquired Emisphere Technologies to enhance their diabetes market position and participated in funding rounds for companies like Glooko, which focuses on remote patient monitoring and digital health solutions. These transactions highlight Novo Nordisk's commitment to advancing treatments that can also support weight management, making them a relevant player in the weight management nutrition sector.
14. Inventure
- Website: inventure.vc
- Type: Venture Capital
- Headquarters: Helsinki, Uusimaa, Finland
- Founded year: 2005
- Headcount: 11-50
- Number of deals in 2024: 9
- LinkedIn: inventure
Inventure is a venture capital firm based in Helsinki, Uusimaa, Finland, founded in 2005. The firm focuses on backing ambitious Nordic and Baltic founders, providing venture capital investment and portfolio management services to early-stage tech startups. Inventure has been involved in several notable transactions, including OME Health, a London-based company that raised $1.25 million in Seed funding in June 2018, which focuses on health and nutrition. Additionally, Inventure has invested in Elsa, a company that has raised multiple rounds of funding, indicating a strong interest in innovative health solutions. These transactions highlight Inventure's commitment to supporting companies that may contribute to the weight management nutrition sector, aligning with their investment strategy.
15. Midsona AB
- Website: midsona.com
- Type: Corporate
- Headquarters: Sweden
- Founded year: 1991
- Headcount: 501-1000
- LinkedIn: midsona-ab-msona-
Midsona AB is a corporate investor based in Sweden, founded in 1991, with a focus on health and wellness. The company develops and markets a range of organic and plant-based food products, catering to the increasing consumer demand for healthier lifestyle choices. Midsona operates primarily in the Nordic region and has expanded into other European markets, emphasizing sustainability and transparency in its operations. Notable transactions include the acquisition of System Frugt, a Danish fruit and nuts business, aimed at enhancing their platform for plant-based food production and healthy snacks. Additionally, their acquisition of Urtekram International A/S and Davert GmbH further strengthens their portfolio in the health and wellness sector, making them a significant player in the weight management nutrition industry.
16. Polaris Private Equity
- Website: polarisequity.dk
- Type: Private Equity
- Headquarters: Copenhagen, Denmark
- Founded year: 1998
- Headcount: 51-200
- Number of deals in 2024: 4
- LinkedIn: polaris-private-equity
Polaris Private Equity is a private equity firm based in Copenhagen, Denmark, founded in 1998. The firm specializes in investment management, focusing on supporting mid-sized companies in the Nordic region through tailored investment strategies, including private equity, flexible capital, and public equity. Polaris partners with management teams to drive growth and operational improvements, helping these companies realize their full potential. Notably, Polaris has made significant investments in the food and nutrition sector, including the acquisition of HAMLET PROTEIN in 2007, which specializes in protein products that are relevant for weight management. Additionally, they acquired Det Danske Madhus in 2014, a provider of homemade meals and food-related services, further emphasizing their involvement in the nutrition space. These transactions highlight Polaris's commitment to investing in companies that can contribute to the weight management nutrition industry.
Weight Management Nutrition Insights: Key Investors in the Nordics
Investor | Headquarter | Size | Founded | Deals 2024 |
---|---|---|---|---|
Novo Holdings | Hellerup, Denmark | 51-200 | 1999 | 45 |
EQT Group | Stockholm, Stockholm, Sweden | 1001-5000 | 1994 | 30 |
Kale United | Stockholm, Stockholm, Sweden | 1-10 | 2018 | 2 |
Seed Capital Denmark | Frederiksberg, Frederiksberg, Denmark | 1-10 | 2004 | 5 |
Creandum | Stockholm, Stockholm, Sweden | 11-50 | 2003 | 17 |
Heartcore Capital | Copenhagen, Denmark | 11-50 | 2007 | 17 |
Lifeline Ventures | Helsinki, Uusimaa, Finland | 1-10 | 2009 | 14 |
EQT Ventures | Stockholm, Stockholm, Sweden | 11-50 | 2015 | 28 |
Zinzino | Gothenburg, Västra Götaland, Sweden | 51-200 | 2005 | 5 |
Orkla ASA | Oslo, Oslo, Norway | 10001+ | 2017 | 1 |
Finnfund | Helsinki, Uusimaa, Finland | 51-200 | 1980 | 7 |
Nordic Capital | Stockholm, Stockholm, Sweden | 201-500 | 1989 | 10 |
Novo Nordisk | Denmark | 10001+ | 1923 | 4 |
Inventure | Helsinki, Uusimaa, Finland | 11-50 | 2005 | 9 |
Midsona AB | Sweden | 501-1000 | 1991 | 0 |
Polaris Private Equity | Copenhagen, Denmark | 51-200 | 1998 | 4 |
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