venture capitalist

Jane Walerud sells Teclo Networks – frees up capital for investments

15 years ago, Jane Walerud and her co-founder sold their tech company Blue Tail for $185 million (1.5 billion SEK). She then became one of Sweden’s most successful angel investors with early investments in companies like Klarna and Lensway. She has had an average return on investment of 60 percent per year.

But in 2010 Jane Walerud started her second company with a new team. Teclo Networks and developed a technology that radically increases the speed of mobile broadband.

Article in Swedish Startup Space

Jane Walerud inducted into SUP46's Swedish Startup Hall of Fame

A US-born entrepreneur who has helped pave the way for women in tech has joined the ranks of some of Sweden's top innovators and businesspeople in a Swedish startup hall of fame.

One of Sweden's most well-known angel investors, Jane Walerud, has been involved in helping Swedish startup success stories such as Klarna, Lensway, Bluetail and Tobii get off the ground.

"Jane Walerud has been a forerunner and inspiration for the startup ecosystem and we are grateful for everything she has done to help early-stage startups in the community," said SUP46 chief executive and co-founder Jessica Stark.

"She is also a great role-model in the continuous work to get more women both funding and founding new exciting startups," she added.

Article in English on the Local

Photo courtesy of SUP46. Click for full article

Photo courtesy of SUP46. Click for full article