Magnus Bergman
General Partner at Luminar Ventures
Stockholm County
Overview
Work Experience
Founding and General Partner
2017 - Current
Luminar Ventures is a Euro 63M Seed stage VC from Sweden with a mandate to invest in the Nordics. Founded by successful angel investors Magnus Bergman and Jacob Key, together with Sting, the leading startup platform in Sweden, the fund aims to provide experienced seed stage financing and active operational support to Sweden based early stage technology companies that are looking to disrupt or transform major industries with digital technologies and innovations Founding partners, Magnus Bergman and Jacob Key are both former serial entrepreneurs and active angel investors with a successful track record of founding and growing tech startups. Luminars’s core investment focus is on scalable digital seed stage companies from the Nordics, founded by highly motivated and talented entrepreneurs with a vision to disrupt or transform major industries.
Board Member
2020
A co-operation between the Nordic VC investment firms. We also measure the NVPI (Nordic Venture Performance Index) which is the aggreagted performance as Net IRR of our member VCs. This index is from 2000-2023 is 18,1% outperforming the NASDAQ 100 that had 13,7% in the same period.
Business Angel Partner
2015 - 2017
Business Angel Partner at SUP46, the largest Swedish work place for promising start-ups. SUP46 offer a few successful Angel investors to become members (Business Angel Partners). SUP46 is the home for Sweden’s most exciting and innovating digital start-ups. Only the very best and promising start-ups are accepted. SUP46 is sponsored and supported by all the Top Swedish VC's.
Venture Investment Partner
2015 - 2017
BootstrapLabs is a Global Venture Technology Investment Company that taps into the most talented entrepreneurs globally at an early stage of their startups to build global companies from Silicon Valley. We employ a very hands on and entrepreneurial approach to support and advise startup entrepreneurs, help them execute to the best of their ability and tap into the benefits of Silicon Valley. My role is to identify and develop companies in Sweden and make them ready to move to San Francisco and Bootstraplabs. I am based in Stockholm but travel every month to SF.
BootstrapLabs is a venture capital firm specializing in Artificial Intelligence.
Angel Investor
2014 - 2017
First External Investor/Project Leader/Board Member
2009 - 2014
Truecaller is a unique product that enhances your address book, shows caller ID and filters unwanted calls. Truecaller has been the No 1 most downloaded app on several markets and has passed 300 million monthly active users world-wide. Main Investors in Truecaller are Sequoia Capital, KPCB and Atomico.
Entrepeneur and Investor
2003 - 2017
Investments in internet with a focus on mobile applications and services. Earlier investments include Prezi (Accel portfolio company) and Truecaller (KPCB, Atomico and Seqouia), Soundtrap (Spotify aquisition) and Karma (e.Ventures, Norrsken Foundation)
Sting Business Angels
2003 - 2017
Network of Business Angels. Investing and advising start-up technology companies.
Advisory Board Member
2015 - 2017
Advising on Strategy and Growth. Aquired by Spotify in November 2017.
Co-founder
2009 - 2015
Zaark provides technology and infrastructure to create mobile communications applications. Apllications that has reached No 1 position on the Top Free, Top Social and Top Grossing list in several countries and has ratings above 4.5.
Education
Ph.D.
1987 - 1990
Master of Science
1982 - 1987