Course Corrected closes €80 million fund for European technology startups

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Published Wednesday, November 11, 2026 · 6:00 AM EST

Stockholm-based venture capital firm Course Corrected has reached the final close of its second fund at €80 million, EU-Startups reports. The European Investment Fund committed €35 million as anchor investor, alongside backers including Saminvest, SEB Life & Pension and SEB-Stiftelsen. The fund plans to back 20 to 30 early-stage European technology companies, with initial investments of €500k to €2.5 million from pre-Seed through Series A. Its focus spans energy systems, industrial optimisation, electrification and resource efficiency. Fund II has already made seven investments, including grid-scale battery storage company Tavion and industrial energy management company Skye.

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Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.

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