We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Read more about cookies

an image
  • Register
  • Log in
  • Language
Back

Mesh Ventures ramp up investment in Swedish scaleups

an image
Mesh Ventures, a Taiwan-based investment company focusing on disruptive emerging technology companies, is in Stockholm this week for Stockholm Tech Week to check out the Swedish scaleup scene.

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 ChyauEdward 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.”

What is Stockholm Tech Week?