Formica Capital is a Swedish investment firm based in Göteborg, Vastra Gotaland County, with a focus on long-term ownership in sustainable and profitable companies. The firm typically invests in Series A and Series D rounds, supporting businesses that address global challenges and have a strong commitment to sustainability. Their investment strategy is centered on creating value through active ownership and fostering impactful solutions.
Notable portfolio companies include Devoted Health, which has raised $1.15 billion, and Sierra Energy, with $33 million raised. Led by CEO Olof Cato, Formica Capital emphasizes a purpose-driven investment approach, believing that long-term growth and profitability are inherently linked to sustainability. The firm offers unique value-add services by actively participating in the development and acceleration of their portfolio companies' impactful solutions.
Formica Capital - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Portfolio Companies2
Current Portfolio Count2
Top Investment Stages
Series A1 (50.0%)
Series D1 (50.0%)
Stage Mix
Series A 50%Series D 50%
Concentration shown as share of disclosed investments by stage.
