Fund That Made 10,000% Spotify Bets Looks for New Winners
- Sees fast expansion for Kry, Neo4j and Epidemic Sound
- Creandum venture capital fund invests in seed and A rounds
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The investment fund that made a 10,000 percent return as one of the earliest investor in music streaming giant Spotify Technology SA now has similar hopes for a trio of Swedish startups.
Neo4j, Kry and Epidemic Sound AB have “Spotify potential,” said Johan Brenner, the general partner at Creandum, in an interview. “We only enter companies where there’s a chance that it can became a leading global company.”