Searching for the next world-changing idea

Inter IKEA Ventures is the corporate venture capital arm of Inter IKEA Group. We make strategic investments in innovative companies and build strategic partnerships and collaborations with corporations and academia. Read on to find out more about how we work!
Our story
Inter IKEA is the franchisor in the IKEA system - responsible for the product design and development, supply chains and retail concept. As a corporate venture unit, Inter IKEA Ventures aims to support the organisation by identifying and accelerating innovation and supporting early-stage companies to scale and commercialise. Driven by the IKEA vision and values, we act on challenges and explore opportunities.
Our four transformation areas
Inter IKEA Ventures' investments and partnerships are aimed at addressing key challenges and opportunities across our value chain. To this end, we look for opportunities across four transformation areas:
Transformation areas
Feedstocks with lower greenhouse gas emissions, new materials with novel properties, alternative food ingredients and production processes.
Exploring together with partners the opportunities related to efficiency, waste reduction, recycling and circular systems in every step of our value chain.
From how our customers see and interact with our products in the store and online, through to the packaging and assembling.
Inspire and enable people to live healthier lives, and support with solutions for energy and water use, waste reduction, and improved air quality at home.




Our investment portfolio
Our current investment portfolio is made up of innovative companies active in areas that we want to explore further.
Nordic Seafarm grows seaweed right from the heart of the ocean, cultivating varieties like sugar kelp and sea lettuce. They turn these natural treasures into products that support everything from food to biomaterials. Their mission is to make seaweed widely available through large-scale hybrid farming and partnerships.
Colorifix develops textile coloration technology using pigments inspired by colors found in nature. By programming microbes to produce these pigments, they enable color application through existing industry processes. Their mission is to bring a biology-based approach to colour production and make it accessible at commercial scale.
TreeToTextile develops a new cellulose fiber made from wood-based raw materials. Using proprietary fiber technology, they create versatile fibers for textiles and nonwoven applications that can be used on their own or blended with other materials. Their mission is to make innovative cellulose fibers available at commercial scale for the global textile industry.
Seprify develops cellulose-based functional materials for industrial applications. Using proprietary processing technology, they transform cellulose into ingredients that can serve as pigments, texturizers, emulsifiers, and other performance-enhancing materials. Their mission is to unlock new uses for cellulose and make advanced bio-based materials accessible across industries.
NorNorm offers a circular subscription service for office furniture, where furniture is reused and redistributed between businesses to instead of discarded, helping businesses create flexible workspaces. Their model allows customers to access high-quality, pre-loved furniture without the commitment of ownership.
Nyris makes searching easier with smart AI technology that lets you find products just by looking at pictures or using keywords. Whether it's for spare parts or online shopping, their visual search tool helps businesses save time and reduce mistakes.
Nilo develops industrial adhesives made from plastic waste. Using its proprietary binder technology, the company transforms difficult-to-recycle plastics into materials for composite wood panel manufacturing. Their mission is to turn waste into a valuable resource and create commercially viable circular material systems.
New School Foods is a Toronto-based company that creates plant-based seafood alternatives, replicating traditional seafood´s taste, texture, and cooking experience. They have developed proprietary technologies to produce whole-cut products at scale.
Flow Loop develops recirculating shower systems that collects, filters, UV-purifies and reuse water during a shower. Designed for homes and commercial facilities, their technology integrates with existing installations while maintaining consistent shower experience.
How we invest
- Early stage
From seed stage
- First ticket size
€1-5m
- Geographic scope
Global
- Shareholding
Minority, up to 20%
- Engagement
Active shareholder

What we are looking for
- Strategic alignment
Addresses IKEA strategic needs, potential to be utilised by IKEA
- Sustainability
Potential to address sustainability challenges for IKEA, and beyond
- Scalability
Potential to scale globally
- Low cost
Potential to reach a cost point affordable to the many people
- Innovation
New or improved technologies and solutions
- Impact
Potential to have significant impact on the IKEA business

Meet the team

Andrew Mcintosh
Innovation Ventures Leader

Andrew Mcintosh
Innovation Ventures Leader

Andrew Mcintosh
Innovation Ventures Leader

Andrew Mcintosh
Innovation Ventures Leader

Andrew Mcintosh
Innovation Ventures Leader

Andrew Mcintosh
Innovation Ventures Leader











