Hellblad divests its entire equity stake in MilDef

23 december 2024

Hellblad Invest has decided to fully focus its investment activities toward companies where the long-term vision is shared between the parties. The motive behind this strategic decision follows a careful and thorough review of Hellblad’s portfolio and its alignment with the core values that define Hellblad Invest AB. The consequence of the decided direction is that Hellblad intends to fully divest its entire equity stake in MilDef, effective immediately.

“We choose to focus our efforts on investing in companies and individuals where shared vision, values, mutual respect, and ethical practices form the foundation of our partnerships,” says Thomas Löfblad, co-founder at Hellblad Invest AB. “This ensures that we can collectively build towards a future where innovation, inclusivity, and sustainable growth are prioritized, and where we work together as one”.


For Hellblad Invest, it’s not just about the numbers. We invest in individuals we believe in, where the right chemistry and shared values are essential. We see ourselves as more than just investors – we are partners that say what we do, and we do what we say. Together, we build a future where both our portfolio companies and Hellblad Invest can exceed expectations and reach new heights.



While our journey with MilDef has come to close, Hellblad Invest remains steadfast in our dedication to partnering with companies that reflect these guiding principles. We will continue our focus of supporting organizations that not only excel in their industries, but who also foster an environment of respect that creates positive impacts for all stakeholders.

ABOUT Hellblad Invest


Hellblad Invest AB is a Swedish investment company with a passion for promoting growth and innovation. At the core of our business is a strong entrepreneurial spirit and the focus is on acquiring and owning minority stakes in both listed and unlisted growth companies, where we see potential for long-term value growth. For more information see www.hellblad.com



Press ContaCt

Sofia Löfblad

Hellblad Invest AB

sofia @ hellblad.com

+46 709 90 16 14

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