CVC, Stockholm

Schibsted Ventures

Venture capital firm · Stockholm · Founded 2010

Quick read

Schibsted Ventures is the corporate venture capital arm of Schibsted ASA, founded in 2010 and headquartered in Stockholm, Sweden. It has made 111 investments to date, focusing on digital consumer and marketplace businesses across the Nordics and beyond. Since early 2023, the fund has sharpened its focus on models that complement Schibsted's core Nordic marketplace and media businesses.

Key facts

Founded
2010
Employees
10-20
Sectors
consumer, marketplace, generalist
Website
schibsted.com/about/we-are-schibsted/growth-and-investments/

Investment thesis

Schibsted Ventures backs disruptive, scalable digital businesses — with a sharpened focus since 2023 on marketplace and consumer models that can build on or complement Schibsted's core Nordic marketplace and media operations. Past successes like Blocket, Lendo, and Leboncoin inform an appetite for companies capable of becoming regional market leaders.

Recent activity

  • 2024leadership
    Andrew Kvålseth, who oversaw Schibsted's growth portfolio, venture activities, and M&A, left the company in July 2024 to become CEO of a listed company. He had been on Schibsted's Executive Management team since 2021. schibsted.com
  • 2024investment
    Portfolio company Ingrid acquired return-process platform Turnr. Schibsted held shares in both companies and sold its Turnr stake to Ingrid as part of the transaction. vend.com
  • 2023investment
    Schibsted Ventures led a 100 million SEK (€9M) late seed round in Stockholm-based SaaS delivery platform Ingrid. BLQ Invest, SEB, and Verdane co-invested. vend.com
  • 2023investment
    Schibsted Ventures invested in circular marketplace app Tings alongside Spintop, FJ Labs, and Arkwright X. Tings uses AI to catalogue owned products and connect users to repair services and second-hand sales channels. schibsted.com
  • 2023investment
    Schibsted Ventures bought a 4.5% stake in interactive code-learning platform Scrimba, purchasing shares directly from existing owners. Scrimba had over 1 million users and NOK 18.7M in 2022 revenue. vend.com
  • 2022investment
    Schibsted Ventures led a NOK 35M seed round in Norwegian audio-tech startup Nomono, developer of the Sound Capsule recording kit for podcasters and broadcast journalists. Spintop Ventures, Sintef Ventures, and Investinor also participated. spintopventures.com
  • 2022investment
    Schibsted Ventures participated in a NOK 30M follow-on round for Norwegian payments startup Dintero, alongside returning investor Harding Invest and new investor Bring Ventures. Schibsted first backed Dintero in 2020. vend.com
  • Sep 2023press
    Schibsted Ventures attended TechBBQ in Copenhagen (Sept 13–14), co-hosting a breakfast panel on the current funding climate alongside Spintop Ventures, NordicNinja VC, BackingMinds and Matrikel1. linkedin.com
  • Nov 2023press
    Team attended Slush 2023 in Helsinki, hosting a Venture Breakfast with co-hosts including Jussi Lystimäki and other investors. linkedin.com
  • Oct 2023investment
    Invested in Scrimba, a code-learning platform with over one million users worldwide. linkedin.com
  • Jan 2024investment
    Invested in a passive recruitment platform (deal announced via Schibsted ASA LinkedIn). linkedin.com
  • 2023investment
    Announced investment in Gire Mobility, a fast-growing mobility startup added to the portfolio. se.linkedin.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Jussi Lystimäki · SVP, Head of Schibsted Ventures
  • Andrew Kvålseth · EVP Chief Investment Officer, Schibsted
  • Sara Myrenfors · Investment Team
  • Mats Staugaard · Investment Manager
  • Christian Horn Hanssen · Investment Team
  • Kristin Skogen Lund · CEO, Schibsted (parent)
  • Stian Mathisen · Head of Ventures

Sources

Other VCs in Sweden

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Frequently asked

What is Schibsted Ventures?+

Schibsted Ventures is the corporate venture capital arm of Schibsted ASA, founded in 2010 and headquartered in Stockholm, Sweden. It has made 111 investments to date, focusing on digital consumer and marketplace businesses across the Nordics and beyond.

Where is Schibsted Ventures headquartered?+

Schibsted Ventures is headquartered in Stockholm, Sweden.

When was Schibsted Ventures founded?+

Schibsted Ventures was founded in 2010.

What sectors does Schibsted Ventures invest in?+

Schibsted Ventures focuses on consumer, marketplace, generalist. They primarily invest in these sectors.

Who is the CEO of Schibsted Ventures?+

Kristin Skogen Lund is the CEO of Schibsted Ventures.

How do I prepare for a meeting with Schibsted Ventures?+

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Generated by briefthecall.com from public web sources. Last updated June 8, 2026. Each claim is linked to its source above.

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