Swedish DeepTech VC Turbine Capital Closes Inaugural Fund at €54 Million

Swedish VC Turbine Capital announced the final close of its inaugural DeepTech fund, raising €54 million from a mix of industrial giants such as Mycronic, Saab, Scania, Volvo Cars and Stena, as well as institutional investors like Saminvest and the European Investment Fund. The fund aims to connect Nordic deep‑tech startups with leading industrial partners.