The Series A round was co-led by Index Ventures and ICONIQ with participation from SAP.
Creandum
Venture CapitalCreandum is a European venture capital firm that backs technology companies.
Portfolio
17
companies
Investment by month
By category
- AI/ML£81.2M
- SecurTech£77.8M
- CleanTech£67.7M
- InsurTech£60.0M
- FashionTech£42.0M
- Other£110M
By location
- London£400M
- Copenhagen£25.9M
- Madrid£12.6M
Portfolio companies
Conduct
Conduct decodes complex enterprise software systems for large organisations.
Depop
Depop operates a social fashion marketplace for generation z.
Dija
Dija provides an ultrafast neighbourhood delivery service for household groceries.
Embat
Software that automates corporate treasury management and multi-bank connectivity.
Good Monday
Workspace management platform digitising office services and operations.
Jack & Jill AI
Jack & Jill AI builds autonomous software agents to automate recruitment.
View all 17 companiesShow fewer

Laka
Laka offers collective insurance for green mobility users and brands.
Lindus Health
Lindus Health operates a technology platform to run faster end-to-end clinical trials.
Monta
Monta develops an operating platform for electric vehicle charging infrastructure.
Osu
Osu builds a payment application that helps the self-employed manage transactions and invoicing.
Packfleet
Packfleet provides tech-enabled courier services for e-commerce merchants.
SEON
SEON provides online fraud prevention and digital identity verification technology for digital businesses.
Tesseract
Tesseract develops a vertically integrated green energy platform to supply cheaper electricity directly to consumers.

Tide
Tide provides digital banking services for small businesses.

Unitary
Unitary develops artificial intelligence technology that understands and moderates video content online.
Visibly
Visibly provides a digital training platform for the infrastructure sector.

yulife
yulife provides life insurance that incentivises everyday healthy habits.
Team
Carl Fritjofsson
Partner
Carl serves as a partner at Creandum, following earlier roles as a principal and advisor partner at the firm. He also holds board positions at companies including Appcharge, Codesphere, and hosted ai.
LinkedInJohann Brenner

Fredrik Cassel
General Partner
Fredrik serves as General Partner at Creandum. He also holds board and observer roles at companies including Lindus Health, Toitware, and Shapr3D.
LinkedIn
Gemma Bloemen
Investor
Gemma brings operating and investing experience from roles at Systemiq Capital, Creandum, and Norrsken VC. She previously served as chief operating officer at elder HQ.
LinkedInPeter Specht
General Partner
Hanel Baveja
Investor
Hanel is a partner at Creandum. Previously, she held investor roles at Union Square Ventures and Insight Partners.
LinkedInRecent investments
The London-based recruitment startup has secured backing from Creandum, Dig Ventures, and a roster of angel investors.
The London startup secured seed backing from Creandum and other investors to scale its artificial intelligence platform for legacy enterprise systems.
"We believe that IT should be the core growth engine of every enterprise, but today CEOs repeatedly tell us that IT is becoming a blocker to business outcomes: 3-4% of enterprise revenue is spent on system maintenance. Conduct’s AI agents drastically reduce the resource burden of software maintenance, allowing IT teams to focus on system innovation that drives revenue and productivity gains."
The London-based startup secured the capital from backers including Seedcamp and Brighteye Ventures to scale its team and product offerings.
"Think of someone digging a hole (excavating). Sounds simple, but hit a high-pressure pipeline and you’ve got fatal consequences. It’s a dangerous task – so how is it taught? In a classroom, with a 20-question written assessment. This is clearly ridiculous. It’s situations like this – and their larger-scale impact – that we’ve set out to change."
Achmea Innovation Fund has backed the micromobility insurer in a round led by Shift4Good.
"In a world where the demand for green and healthy transport options continues to rise but electric bicycles are also becoming increasingly expensive, Laka is at the forefront with innovative solutions."

