Our investments
Our investments
Our investments
Our investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments
Key investments

Klarna

Active
Listed

A global digital bank and provider of flexible payment solutions

Total invested capital

9 225 883 238* SEK
(*Incl. DSAB)

Milestones

Founded: 2005
Flat invested: 2021

Founders

Sebastian Siemiatkowski (CEO), Niklas Adalberth och Victor Jacobsson

Defensor

Active

Industry group accelerating Nordic defense industry

Total invested capital

491 853 000 SEK

Milestones

Flat invested: 2025

CEO

Niclas Colliander

Klarna

Active
Listed

A global digital bank and provider of flexible payment solutions

Total invested capital

9 225 883 238* SEK
(*Incl. DSAB)

Milestones

Founded: 2005
Flat invested: 2021

Founders

Sebastian Siemiatkowski (CEO), Niklas Adalberth och Victor Jacobsson

Defensor

Active

Industry group accelerating Nordic defense industry

Total invested capital

491 853 000 SEK

Milestones

Flat invested: 2025

CEO

Niclas Colliander

Klarna

Active
Listed

A global digital bank and provider of flexible payment solutions

Total invested capital

9 225 883 238* SEK
(*Incl. DSAB)

Milestones

Founded: 2005
Flat invested: 2021

Founders

Sebastian Siemiatkowski (CEO), Niklas Adalberth och Victor Jacobsson

Defensor

Active

Industry group accelerating Nordic defense industry

Total invested capital

491 853 000 SEK

Milestones

Flat invested: 2025

CEO

Niclas Colliander

SpaceX

Innovative aerospace company

Physical Intelligence

AI and robotics company

Harvey

Generative AI platform for advanced professional services

Klarna

Active
Listed

A global digital bank and provider of flexible payment solutions

Total invested capital

9 225 883 238* SEK
(*Incl. DSAB)

Milestones

Founded: 2005
Flat invested: 2021

Founders

Sebastian Siemiatkowski (CEO), Niklas Adalberth och Victor Jacobsson

Defensor

Active

Industry group accelerating Nordic defense industry

Total invested capital

491 853 000 SEK

Milestones

Flat invested: 2025

CEO

Niclas Colliander

SpaceX

Innovative aerospace company

Physical Intelligence

AI and robotics company

Harvey

Generative AI platform for advanced professional services

All investments
All investments
All investments
All investments
All investments
All investments
All investments
All investments
All investments
All investments
All investments
All investments
Active
Listed

2021

Klarna

A global digital bank and provider of flexible payment solutions

Active

2025

Defensor

Industry group accelerating Nordic defense industry

2024

Harvey

Generative AI platform for advanced professional services

2024

Physical Intelligence

AI and robotics company

2024

SpaceX

Innovative aerospace company

2024

xAI

AI company aimed at understanding the true nature of the universe

Divested

2025

Alpaca

API-based platform for crypto trading

Divested

2024

Anysphere/Cursor

Developer of Cursor, an AI-powered code editor

2025

Brindlechute

Operating systems for the tourism and travel industry

2018

CDLP

Fashion house based on innovative materials

Divested

2025

Cerebras

AI infrastructure companies developing processors

Divested

2024

Chai Discovery

Decoding the molecular interactions of life

2023

DeepL

Language translations through AI neural machine learning

2022

Discord

VoIP and instant messaging social platform

Divested

2025

ElevenLabs

Develops advanced AI-based voice and audio technologies

Divested

2015

Flow Commerce

Cloud-based e-trading platform

2022

Getir

Tech- and hyper-fast delivery company

2024

Hemla

Ambition to build the next generation security service

2013

Instabee

Technology company with logistics solutions

2021

Kry

Physical and digital healthcare provider

Divested

2025

Lovable

AI platform allowing users to easily create web pages, applications and more

2021

LoveLocal

Digital grocery shopping in India

Divested

2021

Lyst

Global fashion search platform

2024

Magic

Advanced AI coding models

2025

Nexos.ai

AI-orchestration platform

2021

Nylas

Software for productivity infrastructure

2024

Oden Technologies

Data and AI company serving the manufacturing industry

2015

Omio

Travel planning platform

2024

Opal

Development of AI devices

Divested

2023

OpenAI

Pioneering artificial intelligence research company

2021

Pangaia

Material science fashion company

2023

Perplexity

AI-conversational search engine

2025

Pieces

AI tool for developers with the goal of giving the user's computer its own memory

2016

Prion

Platform for preschool activities

2025

Project Europe

Fund for early stage investments in Europe's most promising companies

2022

Quartr

Digital platform for IR-solutions

2022

Remote

Global payroll, HR and compliance solution

Divested

2024

Speak

AI powered language learning platform

2017

Steven

Shared economy platform (partially exited)

2025

Talentium

AI-powered recruitment platform

Divested

2013

Truecaller

Caller ID and spam blocking app

2019

TrueAccord

Debt management platform for consumers

2015

Uniplaces

Platform for booking accommodation

Active
Listed

2021

Klarna

A global digital bank and provider of flexible payment solutions

Active

2025

Defensor

Industry group accelerating Nordic defense industry

2024

Harvey

Generative AI platform for advanced professional services

2024

Physical Intelligence

AI and robotics company

2024

SpaceX

Innovative aerospace company

2024

xAI

AI company aimed at understanding the true nature of the universe

Divested

2025

Alpaca

API-based platform for crypto trading

Divested

2024

Anysphere/Cursor

Developer of Cursor, an AI-powered code editor

2025

Brindlechute

Operating systems for the tourism and travel industry

2018

CDLP

Fashion house based on innovative materials

Divested

2025

Cerebras

AI infrastructure companies developing processors

Divested

2024

Chai Discovery

Decoding the molecular interactions of life

2023

DeepL

Language translations through AI neural machine learning

2022

Discord

VoIP and instant messaging social platform

Divested

2025

ElevenLabs

Develops advanced AI-based voice and audio technologies

Divested

2015

Flow Commerce

Cloud-based e-trading platform

2022

Getir

Tech- and hyper-fast delivery company

2024

Hemla

Ambition to build the next generation security service

2013

Instabee

Technology company with logistics solutions

2021

Kry

Physical and digital healthcare provider

Divested

2025

Lovable

AI platform allowing users to easily create web pages, applications and more

2021

LoveLocal

Digital grocery shopping in India

Divested

2021

Lyst

Global fashion search platform

2024

Magic

Advanced AI coding models

2025

Nexos.ai

AI-orchestration platform

2021

Nylas

Software for productivity infrastructure

2024

Oden Technologies

Data and AI company serving the manufacturing industry

2015

Omio

Travel planning platform

2024

Opal

Development of AI devices

Divested

2023

OpenAI

Pioneering artificial intelligence research company

2021

Pangaia

Material science fashion company

2023

Perplexity

AI-conversational search engine

2025

Pieces

AI tool for developers with the goal of giving the user's computer its own memory

2016

Prion

Platform for preschool activities

2025

Project Europe

Fund for early stage investments in Europe's most promising companies

2022

Quartr

Digital platform for IR-solutions

2022

Remote

Global payroll, HR and compliance solution

Divested

2024

Speak

AI powered language learning platform

2017

Steven

Shared economy platform (partially exited)

2025

Talentium

AI-powered recruitment platform

Divested

2013

Truecaller

Caller ID and spam blocking app

2019

TrueAccord

Debt management platform for consumers

2015

Uniplaces

Platform for booking accommodation

Active
Listed

2021

Klarna

A global digital bank and provider of flexible payment solutions

Active

2025

Defensor

Industry group accelerating Nordic defense industry

2024

Harvey

Generative AI platform for advanced professional services

2024

Physical Intelligence

AI and robotics company

2024

SpaceX

Innovative aerospace company

2024

xAI

AI company aimed at understanding the true nature of the universe

Divested

2025

Alpaca

API-based platform for crypto trading

Divested

2024

Anysphere/Cursor

Developer of Cursor, an AI-powered code editor

2025

Brindlechute

Operating systems for the tourism and travel industry

2018

CDLP

Fashion house based on innovative materials

Divested

2025

Cerebras

AI infrastructure companies developing processors

Divested

2024

Chai Discovery

Decoding the molecular interactions of life

2023

DeepL

Language translations through AI neural machine learning

2022

Discord

VoIP and instant messaging social platform

Divested

2025

ElevenLabs

Develops advanced AI-based voice and audio technologies

Divested

2015

Flow Commerce

Cloud-based e-trading platform

2022

Getir

Tech- and hyper-fast delivery company

2024

Hemla

Ambition to build the next generation security service

2013

Instabee

Technology company with logistics solutions

2021

Kry

Physical and digital healthcare provider

Divested

2025

Lovable

AI platform allowing users to easily create web pages, applications and more

2021

LoveLocal

Digital grocery shopping in India

Divested

2021

Lyst

Global fashion search platform

2024

Magic

Advanced AI coding models

2025

Nexos.ai

AI-orchestration platform

2021

Nylas

Software for productivity infrastructure

2024

Oden Technologies

Data and AI company serving the manufacturing industry

2015

Omio

Travel planning platform

2024

Opal

Development of AI devices

Divested

2023

OpenAI

Pioneering artificial intelligence research company

2021

Pangaia

Material science fashion company

2023

Perplexity

AI-conversational search engine

2025

Pieces

AI tool for developers with the goal of giving the user's computer its own memory

2016

Prion

Platform for preschool activities

2025

Project Europe

Fund for early stage investments in Europe's most promising companies

2022

Quartr

Digital platform for IR-solutions

2022

Remote

Global payroll, HR and compliance solution

Divested

2024

Speak

AI powered language learning platform

2017

Steven

Shared economy platform (partially exited)

2025

Talentium

AI-powered recruitment platform

Divested

2013

Truecaller

Caller ID and spam blocking app

2019

TrueAccord

Debt management platform for consumers

2015

Uniplaces

Platform for booking accommodation

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Visiting address

Flat Capital AB
Norrlandsgatan 10, c/o Cecil Coworking AB
111 43 Stockholm

Flat Capital AB (publ)
556941–0110


Contact us

+46 73 511 17 35
hello@flatcapital.com


© 2026 Flat Capital AB. All rights reserved

Visiting address

Flat Capital AB
Norrlandsgatan 10, c/o Cecil Coworking AB
111 43 Stockholm

Flat Capital AB (publ)
556941–0110


Contact us

+46 73 511 17 35
hello@flatcapital.com


© 2026 Flat Capital AB. All rights reserved

Visiting address

Flat Capital AB
Norrlandsgatan 10, c/o Cecil Coworking AB
111 43 Stockholm

Flat Capital AB (publ)
556941–0110


Contact us

+46 73 511 17 35
hello@flatcapital.com


© 2026 Flat Capital AB. All rights reserved