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

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

  • Jan 2024investment
    Schibsted Ventures invested in Tings, a circular marketplace for second-hand goods, with founders Sondre Selbæk and Andreas Solbakken. cbinsights.com
  • Oct 2023investment
    Schibsted Ventures invested in Scrimba, a code-learning platform with over one million users worldwide. linkedin.com
  • Aug 2023investment
    Schibsted invested close to $1M in Gire, a car transportation company. cbinsights.com
  • 2023investment
    Portfolio company Ingrid acquired Turnr, a returns-focused e-commerce company. Schibsted Ventures held stakes in both firms and sold its Turnr shares to Ingrid as part of the deal. ht.linkedin.com
  • 2023investment
    Verdane led a €21M round into Ingrid, a Nordic software provider, with Schibsted Ventures participating. cbinsights.com
  • 2023product
    Schibsted Growth (Schibsted Ventures) was wound down as a standalone investment entity and its activities were folded back into the parent company, Schibsted. nordic9.com
  • Jan 2023leadership
    Jussi Lystimäki became Head of Schibsted Ventures effective January 1, with a stated shift toward marketplace business models closer to Schibsted's core operations. schibsted.com
  • 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

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 July 11, 2026. Each claim is linked to its source above.

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