#31. Industrifonden & the State of Deep Tech 2025

Mala Valroy, Investment Manager at Industrifonden, joins the podcast to share her journey from biochemistry and startups to leading investments in deep tech. With Industrifonden’s unique evergreen model, she breaks down what it really takes to earn a term sheet in 2025, why relationships matter more than pitch decks, and how resilience and sustainability are inseparable in building the future.

This episode is sponsored by our partner Lightbringer, the AI-powered platform simplifying the patent process.

In this episode:

✅ Mala’s path from the lab bench to VC boardrooms

✅ Industrifonden’s evergreen take on deep tech

✅ Why the best founders are often “difficult”

✅ Building long-term relationships – before fundraising

✅ Why sustainability and resilience are two sides of the same coin

✅ Quantum, AI, and the technologies redefining the next decade

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