Article | 28 May 2026
Setterwalls has assisted FSG with an investment in Evam
Setterwalls has assisted Fåhraeus Startup & Growth Fund II (FSG) in connection with a SEK 38 million Series A investment round in Evam, a Stockholm-based software company building the first true cloud-native platform for public safety organisations. FSG co-led the round together with Industrifonden.
FSG is a leading Nordic venture capital fund specializing in supporting high-impact startups and growth-stage companies in technology and life sciences. FSG combines strategic investments with deep industry expertise. FSG Fund II is supported by the European Investment Fund (EIF).
Evam’s platform spans in-vehicle incident management, mobile tools for frontline personnel, and a cloud backend connecting directly to control rooms. Today, the platform is used by more than 100 municipalities and regions across Sweden and the UK, supporting police, ambulance and fire and rescue services.
With the new capital, Evam will accelerate expansion within existing markets, continue broadening its product platform, and pursue entry into the US market.
For more information, please see FSG’s press release here.
