Business Sweden had a chat with the managing partner Edward Chyau to hear about his expectations for the week and what he thinks about Sweden.
“The Swedish scaleup scene has a well-balanced ecosystem, people are highly educated with a vibrant business community backed up by a supportive government,” he says.
Edward Chyau co-founded Mesh Ventures in 2015 and he manages a $100 million venture fund focused on startups shaping the next generation of connected, electric, autonomous, and on-demand vehicles. Mesh Ventures have not made any investments in Europe yet but are looking to ramp up their presence both in Sweden and Europe.
“Sweden has brilliant design firms, great strengths in terms of transport and infrastructure and a unique advantage when it comes to leveraging the intersection of scaleup technologies, corporate partnerships, government policy and planning, and urban design,” adds Chyau.
Mesh Ventures has no pre-defined minimum level for first-round investments, but the average total investment per company is $10 million in the automotive technology-focused fund.
“I’m hoping to meet talented scaleup teams and understand how Swedish technology firms are positioning themselves in this competitive sector.”