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SEB's new venture capital fund bets on cyber security

Founded in March 2019, SEB's venture capital arm Fairpoint Capital has invested in Swedish cyber security company Foreseeti.

Photo: PR

SEB's venture capital fund Fairpoint Capital are among the new investors in Swedish cyber security firm Foreseethi. The company is raising EUR 2.9m (SEK 30m) in new capital to accelerate its expansion.

The main investor is SEB's Fairpoint Capital, which is designed to invest in industrial tech companies, and payment service provider Klarna is also contributing to the SEK 30m, reports online tech media DI Digital.

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