Backing Ambitious Growth in e-com
& Tech
At Stella Capital, we partner with growth-stage companies across e-commerce, software, and tech-enabled services. Scaling these businesses takes more than capital - it takes the right people. That’s where we come in.
Welcome to Stella Capital.
Fueling Growth with Focus and Partnership
At Stella Capital, we combine operational expertise, teamwork, disciplined sourcing, and a high-impact network to deliver lasting results.
Our edge lies in sourcing proprietary opportunities and building genuine, long-term partnerships with outstanding entrepreneurs. With support from a carefully selected network of advisors and industry experts, we help our portfolio companies accelerate growth and amplify value creation.
We invest where our experience matters most: growth-stage SaaS, digital retail, and tech-enabled services companies with revenues of 50 to 300 million SEK.
Highlights
Our investments
Nion
Tech-enabled services
Invested 2024
Alf Thiel Metelius
Polar Cape —> Nion
Tech-enabled services
Invested 2024
Alf Thiel Metelius
Qvalia
B2B SaaS
Invested 2024
Alf Thiel Metelius
Mandaley (Soft Goat & By Malina)
E-commerce
Invested 2022
Keith Fransson
Norce
B2B SaaS
Invested 2017
Anders Brenner
Nordic station —> Nion
Tech-enabled services
Invested 2024
Alf Thiel Metelius
Ciencia Research
Health Data/Tech-enabled services
Invested 2023
Anders Brenner
Nordic Nest (Exit 2020)
E-commerce
Invested 2016
Anders Brenner
Midaxo
B2B SaaS
Invested 2017
Anders Brenner
One Agency —> Nion
Tech-enabled services
Invested 2021 / 2024
Alf Thiel Metelius
Rentals United (Exit 2024)
B2B SaaS
Invested 2019
Anders Brenner
"Stella Capital haven’t just provided financial support. They work with us to strategise and make smarter decisions – and their e-commerce expertise is invaluable.”
Malin Ek Andrén
CEO and Founder By Malina
We bring more than capital to the table
When we invest, we commit fully: our time, our expertise, and our network. Because building great companies takes more than funding—it takes real partnership.