Tobias MathiasenVentures, connections & ideas
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01 / ABOUT ME

Developing ventures.
Building international
partnerships.

I’m a Swedish venture partner based in Kansai, Japan. Combining investment and company-building experience with active roles in Japan’s innovation ecosystem, I help founders, researchers, investors and companies assess opportunities, strengthen ventures and build partnerships across Europe and Asia.

Tobias Mathiasen
Swedish roots. International perspective.

My experience spans investment evaluation and structuring, hands-on company development and operational leadership. As COO of Katalysen Ventures, I led its IPO and worked across a portfolio of more than 20 ventures, supporting management teams, commercial priorities and investor communication. I also developed a framework for collaborative investments, bringing capital and expertise together around venture opportunities. This work taught me to connect investment decisions with the practical realities of building a business—and to consider what a team needs to move forward.

I grew up in Sweden and studied Global Business at HKUST in Hong Kong and Tsinghua University in Beijing, and Chinese at National Sun Yat-sen University in Taiwan. After graduating, I worked in technology and finance consulting in Dublin and Hong Kong, then in venture capital in Geneva and Stockholm, before moving to Japan. Living and working across these cultures has shaped how I listen, build trust and approach collaboration. Today, I use that experience to help people across Japan, Europe and Asia develop opportunities together.

01.1 / MY GUIDING PRINCIPLES
IN PERCEPTION

Be Honest.

See clearly. Question assumptions, listen carefully and stay willing to change your mind.

IN THINKING

Be Grateful.

Appreciate the people and opportunities already here. Meet uncertainty with grounded optimism.

IN ACTION

Be Generous.

Share time, knowledge and effort. Take responsibility and help others move forward.

01.2 / MY MACRO GOAL

Confidence grows through experience.

Experience builds confidence. Confidence encourages action. Action creates new experience—and the cycle continues. I want to help researchers and innovators enter this positive cycle, globally and especially in Japan, by creating opportunities to try, learn and move forward.

My work connects experience, people and opportunities across Sweden, Europe and Japan—with the aim of helping more ideas move into action.

ExperienceConfidenceAction

More experience. More confidence. More action.

Stockholm waterfront with a hot-air balloon above the skyline
Stockholm, Sweden Nikola Johnny Mirkovic / Unsplash
02 / SELECTED RESPONSIBILITIES

Where I put
my experience to work.

Three ongoing roles, bringing together company building, founder support and international collaboration.

Katalysen Ventures — Venture Partner · Former COOVenture Partner · Former COO

Katalysen Ventures

Supporting venture development, investment opportunities and founder strategy. My experience includes leading Katalysen’s IPO, overseeing portfolio operations and investor communication, and developing a framework for collaborative investments.

More about this work
  • Led and executed the company’s IPO on Spotlight Stock Market, then managed its public-company reporting and compliance.
  • Led operational strategy, portfolio management and investor communication across a portfolio of 20+ ventures.
  • Designed and implemented Venture Targeter, a framework for collaborative investments through special-purpose vehicles.
Visit the website ↗
Osaka Innovation Hub — Global AdvisorGlobal Advisor

Osaka Innovation Hub

Supporting Kansai’s research and innovation ecosystem through Osaka Innovation Hub, with a focus on KSAC. I bring an investor perspective to researchers and university startups as they explore commercial opportunities and collaboration.

More about this work
  • Support KSAC (Kansai Startup Academia Coalition) and its university startup community.
  • Bring an investor perspective to conversations with researchers and innovators.
  • Help teams explore commercial opportunities and international connections through OIH.
Visit the website ↗
U-FINO — Global CoordinatorGlobal Coordinator

U-FINO

Connecting international innovation communities with Osaka and Kansai. I support exchanges, share perspectives on investment and collaboration, and help build relationships between companies, startups and institutions—including through Kansai Europe Night.

More about this work
  • Support international exchange and relationships between companies, startups and innovation organizations.
  • A founding member of Kansai Europe Night, established with U-FINO and other founding members.
  • Share international perspectives on investment and collaboration with program participants and innovation partners.
Visit the website ↗
02.1 / KATALYSEN: INVESTMENT EXAMPLE

QuTEM: preserving potential, building a new start.

A specialist biotech company with valuable technology faced bankruptcy. A consortium brought together capital, sector expertise and a new ownership structure to give the business a fresh start.

  1. 01RecognizeScientific expertise and valuable IP
  2. 02StructureA consortium and a new ownership framework
  3. 03DevelopThe team, financing and a path forward
Explore the investment

In 2023, Katalysen’s Venture Targeter joined a consortium led by Quatre Lab to acquire Vironova BioAnalytics from its bankruptcy estate. The business, subsequently renamed QuTEM, specialized in transmission electron microscopy and analysis for biopharmaceutical applications.

The public case study describes Venture Targeter’s contribution to securing essential IP, retaining key people, arranging financing and negotiating with the bankruptcy administrator. These elements helped preserve the foundations of the business and establish a viable plan for its revival.

My contribution included helping structure Katalysen’s position in the investment. The acquisition was a collective effort by the consortium. For me, it illustrates how investment judgment, ownership design and practical venture development can work together to preserve and develop valuable technology.

QuTEM microscopy images of AAV particles
QuTEM · AAV imaging
02.2 / OIH: INTRODUCING KSAC
02.3 / U-FINO: UNITING PRIVATE AND PUBLIC
02.4 / EXAMPLE OF WORK APPROACH

Make the venture story clear.

One practical example of how I work: connect the team’s experience to the problem, business and next funding milestone.

Explore my investor presentation framework
STEP 01 / 07

Experience

What relevant work have you done?

Start with relevant work, research or first-hand encounters with the problem. Choose a few concrete examples that explain why this team understands the field. The aim is to establish the foundation for your expertise, rather than list every credential.

Each claim should be supported by the team’s actual experience and evidence.
02.5 / ALSO IN THE ECOSYSTEM

These are some examples of places where I have shared perspectives, supported founders and helped people connect.

Pitch JudgingNINE JP ExhibitionGlobal Startup Expo, Osaka · 2026
Network CreationKansai Europe Night6 meetings in 2026 · 500 members
SpeakingNordic Startup DayWorld Expo, Osaka · 2025
MentoringKnowledge CapitalOsaka · 2025
SpeakingKyoto Smart City ExpoInvited by ATR · 2024
SpeakingNordic TalksSwedish Embassy, Tokyo · 2024
Pitch JudgingTakeoff TokyoTokyo · 2024
Pitch JudgingKansai Inspiration DayPlug & Play Japan, Kyoto · 2024
Workshop ContributionGlobal Startup CampusTokyo · Cabinet Office invitation · 2024
03 / FROM THE NETWORK

People building
new possibilities.

Stories worth reading from entrepreneurs in my network.

Manas Kala — Research & AI
Research & AI

Manas Kala

Making research knowledge more accessible

Read the condensed story

My conversation with Manas explored how firsthand experience of research bottlenecks led to Veritus AI. His work focused on helping researchers discover literature and navigate review processes.

What interested me was the relationship between the person and the problem: a team drawing on its own experience, and treating AI as a way to amplify human expertise. The interview also revealed a willingness among Japanese research institutions to experiment with new tools.

Read the full interview on LinkedIn ↗
Tatsuki Nakata — Rural enterprise
Rural enterprise

Tatsuki Nakata

Seeing the countryside with fresh eyes

Read the condensed story

I first met Tatsuki in a café in Takeno. His journey to France and back had given him a new appreciation for the resources, knowledge and traditions of rural Japan.

After learning directly from farmers, he explored processing overlooked produce into higher-value products. His café became a platform for further initiatives and exchange. His story made a practical point: supporting a community can begin with understanding what it already has, then finding new ways to connect that value with people.

Read the full interview on LinkedIn ↗
Ousuke Kambayashi — Craft & continuity
Craft & continuity

Ousuke Kambayashi

Carrying Kyoto craftsmanship forward

Read the condensed story

Ousuke returned to his family’s Kyoto dyeing business, SHOBIEN, after realizing that he needed to understand the production process before trying to reinvent it. Working alongside artisans gave his ambitions a firmer foundation.

A customer’s question about wallpaper opened a collaboration with another Kyoto maker. The opportunity grew from listening and deep knowledge of the craft. Our conversation explored how a traditional business can find new markets while preserving the human touch and philosophy that make it valuable.

Read the full interview on LinkedIn ↗
Yosuke Kaneko — Technology & public health
Technology & public health

Yosuke Kaneko

Adapting technology to the real problem

Read the condensed story

Yosuke’s journey took him from consulting into drones and public-health work in Africa. When delivery projects revealed shortages of medical supplies, his team asked how their technology could help address the needs people identified on the ground.

That led toward identifying mosquito breeding sites, combining drone technology, hydrology and local knowledge. Our conversation returned to the value of complementary teams and global experience: understanding the environment, adapting the solution, and bringing different kinds of expertise together.

Read the full interview on LinkedIn ↗
04 / SELECTED WRITING

Notes from building, moving
and paying attention.

Identity & integrity

On Identity & Integrity

Condensed version

Over Christmas, I went through more than fifteen years of digital notes. Most were observations, questions and reflections, written across different cities and stages of life. The circumstances had changed, but the same concerns kept returning: who am I, and who do I want to be?

For me, identity is what remains when no one is watching. Integrity connects that inner life to outward action. I cannot control the world, but I can choose honesty in how I perceive it, gratitude in how I think about it, and generosity in how I act.

Honesty means resisting the temptation to believe something because I want it to be true. It requires feedback, patience and the courage to change my mind. Gratitude means appreciating the people and freedom already present in my life, while giving less attention to comparison and things beyond my control. It is an active discipline: accepting reality and acting where action is possible.

Generosity begins with making use of the time I have. It extends through care, effort and responsibility for others. Helping someone move forward can make the work more meaningful for both of us.

These principles are a practice, maintained through ordinary choices. Meaning grows through sustained attention—to work, relationships and the patterns that make us ourselves. My invitation is to look for your own patterns, then spend more time living what you have learned.

Ambition & work

Towards a New Kind of Ambition

Condensed version

Reflecting on my work between Japan and Europe, I noticed two kinds of ambition pulling in different directions. One asked whether launching a venture capital fund would prove what I was capable of. The other asked whether it would create a daily working life I actually wanted.

The distinction matters. We can accumulate titles, money and recognition without feeling successful. When ambition is organized around approval, the next achievement simply creates another comparison. It becomes difficult to know whether we want the work or the status attached to it.

What motivates me in connecting Japan and Europe is the everyday experience of seeing people discover unexpected opportunities together. A fund could help that happen, but it is one possible means. The work itself is what gives the ambition substance.

I think of this as process-driven ambition: taking the effort seriously, finding satisfaction in doing it well, and choosing a process worth returning to. A gardener tending a plot with care can express as much ambition as someone pursuing a conventional career milestone.

We live in the present, while much of our attention is spent revisiting the past or rehearsing the future. A more sustainable ambition would help us make better use of the life we are actually living. That requires confidence in our own choices—and a willingness to ask whether the path we are pursuing deserves the days we are giving it.

AI & culture

On AI & Culture

Condensed version

Culture begins with lived experience: hands learning a craft, people sharing a meal, a festival remembered through sound, movement and place. Only later do those experiences become photographs, recordings or data. AI enters this process at many points, including before we create anything: it helps shape what we encounter, remember and consider normal.

Technology has always helped us carry memory beyond ourselves. Books preserve words, recipes preserve practices, and recordings preserve performances. AI adds something different. It can select, recommend, reorganize and generate from that memory. It can make forgotten material accessible and connect people across languages, while also making some styles more visible than others.

When imitation becomes easy, context becomes more important. A song means different things at a funeral and in an advertisement. Cultural value depends on people, histories and relationships, as well as on the object itself. A convincing reproduction cannot settle the question of what something means or why it matters.

I find it useful to distinguish between a carrier and a bearer of culture. AI can carry cultural forms: store, translate, reproduce and distribute them. People bear culture through belonging, memory, disagreement, care and responsibility. We inherit it, change it and live with the consequences.

AI has influence, but that does not automatically give it authority to decide what should be valued or preserved. Those decisions need to remain open to human discussion. My question is whether AI can help us become more whole—creating room for care, creativity and community—and whether culture can shape the technology that increasingly shapes culture.

Honesty & judgment

One Trait to Rule Them All: Honesty

Condensed version

Honesty matters to me because decisions depend on the information we allow into them. When fear, self-interest or wishful thinking distort that information, the effects extend into relationships, organizations and the way we understand ourselves.

I see truthfulness as a contribution to clarity. In the small spaces where I work with others, a more accurate view of reality can help us make decisions that fit the situation, rather than forcing it to match a story we prefer.

This does not mean being harsh or revealing everything. Empathy, timing and judgment matter. Honesty can be uncomfortable and can carry risks, especially in one-off interactions. Over time, consistency helps build trust.

My aspiration is to be more honest, earlier, with myself and others—and to spend less energy resisting outcomes when I have done my best to see and explain the situation clearly. It is a practice I want to implement, rather than another idea to collect.

Optimism & the present

Finding Optimism in Reality

Condensed version

I used to wonder whether a larger meaning would eventually bring order to life. Years of notes returned to the same question, even as my surroundings changed. A simple analogy helped: imagine a long-distance flight with the same departure and arrival airport.

The destination would not explain the journey. Once on board, the useful question would be how to make the most of the time: enjoy a conversation, learn something, rest, or find pleasure in what is available. That image made attention to the present feel rational to me.

It also changed how I thought about work. Years spent in a process I dislike need a good reason. The right choice depends on the person and the moment; there is no universal schedule that makes every life worthwhile.

I still feel the pull of conventional ambition and the desire to leave evidence of achievement. But I am increasingly interested in choosing daily processes that have meaning in themselves, and in learning from people who value that kind of life.

05 / WAYS TO WORK TOGETHER

From an idea to a
practical next step.

Bring a venture, an investment question or a collaboration you want to develop. We can define a focused first engagement around the decision or next step that matters to you.

Assess a venture or investment opportunity

For investors and venture teams: bring an investor perspective to the technology, commercial priorities, team and ownership structure. Identify what deserves closer examination and where venture development could strengthen the opportunity.

A useful starting point: A venture review brief outlining the opportunity, key questions and priorities for further work.

Prepare for international investment and expansion

For founders and growth-stage companies: clarify the venture’s commercial strengths, traction and international expansion priorities. Develop a compelling presentation and prepare for questions from investors, corporate partners and international programs.

A useful starting point: A presentation and readiness review, with prioritized feedback on the business story, supporting evidence and next steps.

Develop international partnerships from Japan

For companies, investors and ecosystem organizations: define the purpose of a collaboration, identify suitable partners and prepare a clear approach. Drawing on experience across Europe and Asia, I support introductions, substantive conversations and follow-up.

A useful starting point: A partner brief and a practical plan for outreach, conversations and next steps.

Develop an international startup program in Japan

For international accelerators, investors and ecosystem organizations: identify suitable ventures in Japan, engage local ecosystem partners and help founders prepare for international applications, pitches and business conversations. Workshops and exchanges can form part of the program.

A useful starting point: A Japan recruitment and partnership plan defining target companies, qualification criteria, outreach channels, founder preparation and follow-up reporting.

tm@felage.com Connect with me on LinkedIn ↗
05.1 / ABOUT FELAGE