H&M Group Ventures (formerly H&M CO:LAB) is the corporate venture capital arm of H&M Group, founded in 2015 and based in Stockholm, Sweden. It invests in entrepreneur-led startups within sustainable fashion, new retail business models, and enabling technologies and services.
Their most common stage is series-a (45% of deals). Average disclosed round size is $30.2M (across 7 rounds with reported amounts).
Portfolio
11
Fund Size
—
Top Stage
Series A
Last 12 Mo
0
Team
Filippa Nylander Svensson
Controller Portfolio Operations & Finance
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
11 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Heirloom Carbon Technologies | Series B | — | Dec 2024 |
 Rondo Energy | Unknown | $75M | Jun 2024 |
 Syre | Series A | — | May 2024 |
 Laced | Series A | $12M | Jan 2023 |
 Smartex | Series A | $24.7M | Nov 2022 |
 Colorifix | Series B | $22.6M | May 2022 |
 BudBee | Unknown | — | May 2022 |
 Printify | Series A | $45M | Sep 2021 |
 Klarna | Series B | $20M | Oct 2018 |
 Laced | Series A | $12M | — |
| YYaga | Seed | — | — |
Top Co-Investors
Talis Capital2 shared
TrueSight Ventures2 shared
Build Collective1 shared
DCVC1 shared
Momenta1 shared
HAX1 shared
Shaper Capital1 shared
Lightspeed Venture Partners1 shared
Fashion for Good1 shared
Index Ventures1 shared
Virgin Group1 shared
Dreamers VC1 shared
Kinnevik1 shared
Norrsken VC1 shared
Volvo Cars Tech Fund1 shared
TPG Rise Climate1 shared
Giant Ventures1 shared
Mitsui & Co., Ltd.1 shared
Japan Airlines1 shared
Lowercarbon Capital1 shared
Last updated: 8 September 2026