Explore the opportunities
Creating Bonds between China and Scandinavia
Investment
Work with the Intermediate team to identify, negotiate and development investment opportunities.
Start-ups
Scandinavia and Sweden in particular feature the most diverse and promising startup ecosystem outside the Bay area.
Venture Funds
Investing into startups gives very good IRR but with a lot of effort. Trust Intermediate to set up and manage Funds.
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.
David Almström
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.
Scandinavia
“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.
Life Science
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.
Team
David Almström
Director
David leads the work with investors and startups in Scandinavia and China. He is also often involved in advising on government policies.
Leo Leung
Founder, Partner HK
Liaising with stakeholders and startups in Hong Kong and South East. With more than 20 years of business development experience in Telecoms & IT.
Ketil Hoigaard
Partner Oslo
Identifying and working with startups and growth companies in Norway. 20 years of int'l business development in IT & Mobile based in Scandinavia.
advisors
Daggy Getachew
Partner Tiandi
Daggy has a decade of driving strategic growth globally and has excellent skills identifying key team members and growing teams. Based in Stockholm.
Haavard Nord
Serial Entrepreneur
Based in Oslo. Co-founded and sold Trolltech to Nokia; co-founded Owner's Roam and Conclude.
Desigan Chinniah
Director of Open Innovation at Mozilla
Based in London, being a Dot-Com firestarter and futurist, Dees is engaged heavily in the blockchain community.
Partners
CKGSB
Cheung Kong Graduate School of Business was founded by Li Ka-Shing in 2002 and is Asia’s largest business school with alumnus like Jack Ma, Alibaba and Pony Ma, Tencent.
IVA
The Royal Academy of Engineering Sciences (IVA), Sweden’s second youngest royal academy, was founded as late as 1919, but it is also one of the world’s oldest engineering sciences academies.
NDN Group
NDN Group is a major digital conglomerate and investment group focused on building, acquiring, and growing companies in the digital space across multiple markets, including artificiell intelligence, blockchain, big data analytics & China Marketing.
RJ CAPITAL
RJ Capital Group is a fund management and financial advisory firm focusing on investment and financing in New Economy area in China.
Contact us
Beijing
China Liaison Office
- +86 105 139 6100
- beijing@intermediateventures.com
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22H Tower-C, Oriental Kenzo
48 Dongzhimen Outer St
Beijing 100027
Hong Kong
Global Headquarter
- +85 231 65 13 20
- hongkong@intermediateventures.com
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19B Hillier Commercial Building, 89-91 Wing Lok St, Sheung Wan
Hong Kong S.A.R.
Stockholm
Scandinavian Operations
- +46-727 28 75 88
- stockholm@intermediateventures.com
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Radiovägen 2
13548 Tyresö
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