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    H&M Group

    Stockholm, SwedenFounded 2015

    H&M Group Ventures focuses its investments on entrepreneur-led startups globally, primarily in sustainable fashion, new retail business models, and enabling technologies and services. The firm aims to support solutions that advance circular fashion, improve customer offerings, and enhance operational efficiency, aligning with H&M Group's strategic goals for innovation and sustainability.

    33% of their portfolio is in Climate & Energy. Their most common stage is series-a (44% of deals). Average disclosed round size is $51.8M (across 8 rounds with reported amounts).

    Find people at H&M Group on Goldilocks AI

    Portfolio

    9

    Fund Size

    $3B

    Top Stage

    Series A

    Last 12 Mo

    0

    Team

    ME

    Martin Ekenbark

    Lead/Project Manager

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    9 investments
    CompanyRoundAmountDate
    HHeirloomSeries B$150MDec 2024
    Rondo Energy logoRondo EnergyUnknownJun 2024
    SSyreSeries A$100MMay 2024
    LLacedSeries A$12MMay 2023
    Smartex logoSmartexSeries A$24.7MNov 2022
    CColorifixSeries B$22.6MMay 2022
    BBudbeeUnknown$40MMay 2022
    Printify logoPrintifySeries A$45MSep 2021
    Klarna logoKlarnaSeries B$20MOct 2018

    Top Co-Investors

    Kinnevik1 shared
    TPG Rise Climate1 shared
    Giant Ventures1 shared
    Norrsken VC1 shared
    Volvo Cars Tech Fund1 shared
    TrueSight1 shared
    Build Collective1 shared
    DCVC1 shared
    SOSV's HAX1 shared
    Momenta1 shared
    Fashion for Good1 shared
    Virgin1 shared
    Dreamers VC1 shared

    Last updated: 16 April 2026