Investors in Commerce

To DHS we bring decades of experience in entrepreneurship. Between our partners and alumni, we have founded and built companies with an accumulated valuation of >15 billion sek, held board seats at companies such as Altor, Kinnevik, Nasdaq, and invested in >120 companies across industries.

Based in Stockholm, Sweden, the firm's portfolio spans investments in both public and private companies. Specializing in digital innovation, they focus on transformative technologies with a global impact, particularly strengthening their presence in the Nordics. Their private equity investments are characterized by a long-term perspective, prioritizing support for invested teams without predefined exit horizons. They adopt an active ownership approach, leveraging the proven experience and track record of their senior team in entrepreneurial ventures and specialized industries. Partnering closely with portfolio companies, they collaborate to enhance business capabilities and drive sustainable growth.

European Private Investor Clubs' Network with a Focus on Companies of Recent Creation. They offer their Partners streamlined access to top investment opportunities among innovative and sustainable startups across Europe. They enhance their portfolio companies with robust support, continuously bolstering them with additional resources and connections to optimize their paths to success.

They are a growth equity firm focused on empowering visionary founders who innovate in brands and tech-enabled solutions that improve lives while promoting inclusivity. They seek unstoppable founders who anticipate future challenges, emphasizing responsible innovation, diversity, transparency, and positive change. Operating as true partners, they offer extensive operational and strategic support, leveraging a broad network to enhance consumer experiences through community, branding, innovation, and technology. With a global outlook, they invest in Series A rounds and later-stage co-investments across Europe, the UK, US, and Asia, aiming to build a more human-centered digital-lifestyle future.

4Founders Capital is a venture capital fund in Europe specializing in early-stage investments in Internet and technology-enabled businesses. They empower ambitious entrepreneurs by providing minority investments and co-investing with experienced partners. With a team of seasoned founders and CEOs, they offer strategic support to maximize the success of startups aiming to build high-impact global technology companies focused on revenue growth, efficient capital use, and creating substantial international presence.

Aurora operates as Axon's fund-of-funds division, specializing in investments with top-performing General Partners (GPs) within the ICT and life sciences sectors. The primary objective is to offer Limited Partners (LPs) exposure to the venture capital market through a meticulously managed and diversified portfolio strategy. In addition to primary investments in funds, Aurora enhances its portfolio strategy with secondary transactions in funds and co-investments in successful portfolio companies. This approach aims to maximize investment returns and mitigate risk across the venture capital landscape.

JME is a venture capital firm based in Madrid, Spain, specializing in early-stage investments in technology startups. While centrally located, JME extends its investment reach across Europe and occasionally into the US. The firm engages in seed investments and participates in larger Series A venture financing rounds, aiming to provide continuous support throughout the financing lifecycle of their portfolio companies. Beyond capital infusion, JME leverages its experience in scaling companies, expertise in corporate finance and technology sectors, and extensive network of relationships to assist entrepreneurs in transforming innovative ideas into successful businesses.

Samaipata is an early-stage founders' fund that specializes in investing in digital businesses with network effects across Europe and globally. Founded in 2016 by entrepreneurs José del Barrio and Eduardo Díez-Hochleitner, Samaipata brings a wealth of entrepreneurial and investment expertise to its portfolio. José del Barrio co-founded and served as CEO of La Nevera Roja, Spain's leading food-delivery platform, which was successfully sold for $100 million. Eduardo Díez-Hochleitner, on the other hand, founded IMM Sound, a 3D sound system company acquired by Dolby. He has also been a Partner at Apax Partners, a prolific business angel, and currently serves as Chairman at MásMóvil, a Southern European Decacorn valued at €20 billion.

Criteria Venture Tech is a versatile Venture Capital fund dedicated to advancing the forefront of technology. They partner with visionary companies across multiple stages of growth, aiming to drive technological innovation forward. Focused on Europe and North America, with a special emphasis on Spain and Portugal, Criteria Venture Tech invests across various stages and verticals including B2B SaaS and Deeptech. They prioritize sectors such as Software Infrastructure, Enterprise Data and Automation, Frontier Tech, and Cybersecurity, providing ongoing support to achieve meaningful impact. Their commitment lies in fostering long-term economic and social value through transformative technological advancements. As part of Caixa Capital Risc and the CriteriaCaixa group, Spain's largest investment holding managing over €25 billion in assets, Criteria Venture Tech leverages a robust financial foundation to support their investment strategies and portfolio companies.

All Iron Ventures collaborates with ambitious founders to support innovative startups, focusing primarily on early-stage investments in European companies poised to revolutionize both consumer and enterprise sectors through technology. As entrepreneurs themselves, the team at All Iron Ventures deeply understands the challenges faced by founders. They leverage their own experiences in creating, scaling, and successfully exiting companies to provide invaluable resources and guidance, empowering partner founders to elevate their projects. Located in Bilbao, Spain, and managing approximately €110 million, All Iron Ventures was established by the founders of Ticketbis, a global marketplace acquired by eBay in 2016, marking a significant success within Spain’s startup ecosystem.

Demium is a talent investment company, founded in Valencia, Spain in 2013. Its goal is to endorse the best professionals and aid them to implement successful projects with a prominent digital and technological component. In June 2020, the Demium venture capital management launched a €50 million initial fund, investing annually in more than 75 startups in their pre-seed/seed phase, ergo becoming the most active Venture Capital fund in Spain. Demium's portfolio includes well-known startups such as Hannun, Voicemod, Swipcar, Citibox, Singularu and Landbot, among others.

Sitka Capital is a network of Business Angels that has invested in 20 startups. The network's mission is to provide smart capital to startups in the early stages. Sitka Ventures provides investments of up to €100K for pre-seed digital startups in any sector, syndicating the investments of their business angels.