Explore the opportunities
Creating Bonds between China and Scandinavia
The Intermediate story
China has seen an unprecendent growth since Deng Xiaoping took command and after his legendary Southern Tour opened China for foreign investments. More than 20 years of continuous extreme GDP growth have created a country with the largest industry, largest cash-reserve and largest consumer base. With Xi Jinping’s Made-in-China 2025, the country has set ambitious goals to become the leader in virtually any industry but a specific focus in AI, Semiconductors, Cloud Computing and Biotech
David Almström moved to China in 1997 to head up Ericsson’s datacom operations in a green-field market. Later, Mr Almström become VP of Business Strategy, leading Ericsson China’s effort into the Mobile Internet. In 2012, after a successful exit from Trolltech into Nokia, Mr Almstrom moved back to Sweden to found Intermediate AB and Intermediate Ventures specifically focused on bridging various investment efforts between China, Hong Kong and Sweden.
founder intermediate Ventures
David has M.Sc. in Telecommunications and International Business from University of Linköping, Sweden. Prior to found Intermediate, he co-founded Tiandi Scandinavia in 2008. He has served as Director for Product Management, Telenor Digital; Director Qt APAC, Nokia and Regional Director, APAC Trolltech. Before Trolltech, David was VP Ericsson China, Business Strategy and Director, Datacom. David was born in Stockholm, Sweden and speaks Swedish, English, French and Chinese. He resides in Stockholm with his family and shuttles to Hong Kong, Beijing and Shanghai.
“Most of Sweden’s startups work in close proximity to each other and have formed a real innovation community”
Neil Sholay, Head of Oracle Digital EMEA
Internet Next Gen
Blockchain, AR/VR/MR, AI and machine learning, games, gambling and Fintech are core areas all over Scandinavian. Driven by government policies and strong companies like Ericsson, Nokia, Statoil and Vestas, startups popping up all the time.
Scandinavia leading with the world famous Karolinska Institute - awards the Nobel Prize in Medicine - has a fantastic startup and research community in pharma, biotech and medtech supported by AstraZeneca and others.
World Leading Ecosystem
Helsinki, Oslo, Stockholm and Copenhagen regularly gets awards and nominations for being one of the best startups place in the world. Unicorns like Spotify, Supercell, Opera and Unity proves the point.
Director and Founder
David leads the work with investors and startups in Scandinavia and China. He is also often involved in advising on government policies.
Liaising with stakeholders and startups in Hong Kong and South East. With more than 20 years of business development experience in Telecoms & IT.
Identifying and working with startups and growth companies in Norway. 20 years of int'l business development in IT & Mobile based in Scandinavia.
Daggy has a decade of driving strategic growth globally and has excellent skills identifying key team members and growing teams. Based in Stockholm.
Based in Oslo. Co-founded and sold Trolltech to Nokia; co-founded Owner's Roam and Conclude.
Director of Open Innovation at Mozilla
Based in London, being a Dot-Com firestarter and futurist, Dees is engaged heavily in the blockchain community.
China Liaison Office
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