BackingMinds

Website

www.backingminds.com

Services

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BackingMinds: Empowering Overlooked Entrepreneurs in Tech and Sustainability

BackingMinds is a distinguished venture capital firm, founded in 2016 by Susanne Najafi and Sara Wimmercranz, dedicated to identifying and supporting high-performing entrepreneurs who operate beyond conventional venture capital networks. The firm adopts a unique investment philosophy, focusing on backing founders that are often overlooked by traditional capital sources, believing this approach generates significant returns while driving meaningful societal change. Their investment strategy is industry-agnostic, targeting early-stage technology companies that demonstrate scalable, customer-centric business models with proven revenue generation capabilities.

More than just providing capital, BackingMinds emphasizes a hands-on commitment to its portfolio companies, actively partnering with founders to scale their ventures. This supportive mindset is reflected in their impressive impact statistics: 70% of their backed companies are founded outside capital cities, 35% feature at least one founder with a migrant background, and 60% include at least one female founder, illustrating their dedication to diversity and inclusion in the entrepreneurial ecosystem.

Within the energy and power systems sector, BackingMinds has made strategic investments in pioneering companies focused on decarbonization and sustainable resource management. Their portfolio includes firms like Snerpa Power, dedicated to energy decarbonization; Hybird, which innovates in transforming building energy consumption; and NitroVolt, focused on producing green ammonia for sustainable agriculture using clean power. Additionally, they support Cemvision, a green cement startup aiming to significantly cut carbon emissions in construction, and Helios Innovations, which addresses industrial wastewater and PFAS treatment. These investments underscore BackingMinds' role in fostering innovation critical for the global energy transition and sustainable industrial practices.

Locations

• Stockholm, Stockholm
• Stockholm, Stockholm