Argentum is a government–owned investment company, and the only pure fund–of–fund investor in the private equity sector in Norway.

Finnish Industry Investment Ltd is a government-owned investment company which promotes Finnish business, employment and economic growth through venture capital and private equity investments.

The New Business Venture Fund is an independent entity owend by the Icelandic state.

Industrifonden is a large multi-sector investor in Swedish growth companies. It combines financing with active ownership, competence and networks.

Investinor AS invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion.

Sitra, the Finnish National Fund for Research and Development, is an independent public foundation under the supervision of the Finnish Parliament.

SEB Venture Capital is the venture capital arm of Skandinaviska Enskilda Banken.

The Sixth AP Fund manages public pension funds in order to create high long-term returns by investing in Swedish small and medium-sized growth companies.

Vækstfonden is a state investment fund, which aims to create new growth companies by providing venture capital and competence.