Behold Management's leaders. Source: Behold Management
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Sweden’s Behold Ventures closes first fund at $58.2M for game investments

Behold Management, a Swedish game venture capital firm, has raised $59.2 million, or 550 million SEK, to invest in European game companies.

The fund, led by founder and managing partner Karl Magnus Troedsson, a former triple-A game developer, got started in 2021, announced its fund in 2022 and it has invested $21 million in 18 companies to date, said Troedsson, in an interview with GamesBeat.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.