Almi Invest is a Swedish venture capital firm focused on early-stage startups, investing from pre-seed to Series A across technology, sustainability, industry, and life sciences. It operates as part of the Almi Group and is funded by the European Regional Development Fund, Almi AB, and regional partners. The firm provides not only capital but strategic guidance and access to an extensive investor network, supporting portfolio companies with growth and innovation. With a regional presence across Sweden and origins dating to 2009, Almi Invest backs startups that drive economic and environmental progress and work alongside other investors to accelerate development.

Industrifonden is a Swedish venture capital firm founded in 1979 that manages an evergreen approach and focuses on early-stage technology and life sciences companies with Nordic and international potential. It backs transformative, scalable ventures across deep tech, AI, advanced materials, medtech, biotech, and related sectors, typically investing in small and medium-sized enterprises in Sweden and the Nordic region. The firm provides equity and debt financing and often takes board seats to support portfolio companies through growth. It pursues exits within five to ten years, via strategic sales or initial public offerings. Based in Stockholm with additional offices in Swedish cities, Industrifonden collaborates with other investors to back founders building long-term value.

Chalmers Ventures is a Swedish venture capital firm and startup builder affiliated with Chalmers University of Technology in Gothenburg. It focuses on incubation, seed, early-stage, and growth investments in technology-based startups, especially those connected to the Gothenburg region, across sectors such as information and communications technology, new materials, environmental engineering, medical technology, and biotechnology. The organization runs programs including Incubation, Startup Camp, an accelerator, and a technology transfer program, supporting university spinouts from idea to market and reinvesting profits to sustain ongoing support.

European Innovation Council is a European Union initiative established in 2018 to support deep-technology innovation and help startups, researchers, and small companies scale. It offers funding opportunities and business acceleration services, and engages in co-investment with private investors in early-stage ventures with ESG impact. The EIC emphasizes female entrepreneurship through programs such as Women TechEU and related awards, and provides resources to promote knowledge sharing and community building. Based in Brussels, it pursues a European-wide mandate to strengthen Europe's position in the global deep-tech ecosystem.

SEED Capital is a Denmark-based venture capital firm investing in Nordic founders across consumer, deep tech, enterprise, fintech and SaaS with a late-seed to Series A focus, providing hands-on support beyond funding in strategy, fundraising, legal and operations. Based in Copenhagen, it backs companies across Denmark and the Nordics, with typical initial tickets around two to four million euros and a track record of helping portfolio companies progress from seed to Series A; notable investments include Lunar, Vivino, Trustpilot, Dixa, Templafy and more. The firm has raised substantial funds, including a €140 million Fund IV, to back ambitious Danish founders.

Gorilla Capital is a Nordic venture investor based in Helsinki, Finland, funding early-stage technology startups across Finland, Sweden, Denmark and the Baltic countries. It focuses on capital-efficient software and technology ventures at pre-seed and seed stages, prioritizing product-market fit, measurable customer traction, and sustainable growth. The firm adopts a disciplined, milestone-driven approach and supports founders with strategy, funding and go-to-market guidance to accelerate commercialization, aiming for profitability and steady expansion. By backing teams able to execute quickly and understand customer problems, Gorilla Capital seeks to create long-term value through prudent capital deployment and hands-on support.

Vækstfonden is a Danish government investment organization that improves access to venture capital to help Danish companies innovate, grow and create jobs. Working with banks, private investors and Danish financial partners, it finances firms across sectors through direct investments and fund of funds, and supports the full journey from early stages to expansion abroad and potential IPOs. The fund makes equity investments, typically up to 25% of share capital, and can provide loans and guarantees in collaboration with private partners. It operates from Denmark with offices in Hellerup, Vojens and Jutland, and was established in 1992. By backing growth-oriented companies, Vækstfonden aims to strengthen the national innovation system and stimulate sustainable economic development.

Karolinska Development is a Swedish venture capital firm focusing on life sciences, healthcare and related technologies across Europe, with a Nordic emphasis. It invests in early-stage and growth-stage opportunities in pharmaceutical R&D, medical research, healthcare technology, gene research, drug delivery, biotechnology and life science tools and services. The firm aims to be a lead investor in its portfolio, typically pursuing co-investments, and targets a small number of projects annually (up to five). It supports portfolio companies through staged financing and strategic guidance, often partnering with innovators from academic institutions, and pursues exits via sale or out-licensing of products. Founded in 2003 and headquartered in Stockholm.

Based in Helsinki, Inventure is a venture capital firm focused on early-stage technology startups in the Nordic and Baltic regions. Founded in 2005, it backs founders across sectors such as deep tech, software, AI, healthtech, fintech, and consumer internet, with an emphasis on helping them grow and build lasting trust. The firm aims to support companies from seed through subsequent rounds, with initial investments starting at around 100,000 euros and potential up to 10 million euros over a company's lifecycle. Inventure has made over 100 investments since inception and maintains a generalist, founder-first approach to identify and back ventures that can create futures others cannot imagine.

Brightly Ventures is a Stockholm-based venture capital firm that backs seed and early-stage technology startups in the Nordic region. Founded in 2018, it focuses on technology companies across HealthTech, FinTech, Marketplaces, DeepTech and MediaTech, investing in Nordic startups in Sweden, Norway, Denmark, Finland and Iceland. The firm takes a hands-on, proactive approach, leveraging its network and company-building experience to support founders through growth and challenging periods and to help bring high-potential ideas to market.

Creades is a Stockholm-based investment firm focusing on private equity and venture capital investments in small and medium-sized Swedish and Nordic companies, both public and private. Founded in 2011 and spun off from Investment AB Öresund, the firm pursues value creation through active ownership, including board seats on portfolio companies, and uses personal and balance sheet capital to fund opportunities. It targets opportunities across industries in the Swedish and Nordic markets and aims for risk-adjusted returns for its shareholders.

Voima Ventures is a venture capital firm focused on deep tech startups in the Nordic and Baltic regions, founded in 2019 and based in Helsinki, Finland and Stockholm, Sweden. It backs early-stage companies from pre-seed to Series B across sectors including bio and life sciences, imaging and optics, IoT and electronics, robotics, software and ICT, AI, energy, advanced manufacturing, and quantum technologies. The firm emphasizes a science-driven, value-adding approach and supports founders with experienced entrepreneurs and investors seeking global scale. Voima Ventures has invested in more than 30 deep tech startups and has co-led notable rounds, with cornerstone support from institutions such as VTT Technical Research Centre of Finland and the European Investment Fund. The firm aims to address major global challenges by combining science, entrepreneurship and capital to accelerate breakthrough technologies.

PSV is an early-stage Nordic venture house established around three independent units: PSV Foundry, PSV Tech and PSV Hafnium, sharing a patient-capital ethos to help founders build meaningful deep-tech companies. Rooted at DTU and operating as a state-funded tech investor in Denmark, PSV supports more than 450 founders over two decades and maintains visibility into about 98% of the market to spot trends. It backs pioneering scientists, engineers and entrepreneurs across life sciences, information technology, advanced manufacturing and clean technology, with an emphasis on hands-on operational support and long-term partnerships. Beyond capital, PSV offers capabilities in brand and communications, legal, finance, people and culture, and ESG and impact integration tailored to each journey from first proof to global scale, focusing on sustainable growth and follow-on funding for portfolio companies across Denmark and the Nordic region.

Aggregate is a Stockholm-based venture capital firm specializing in media-for-equity investments and media-based expansion capital. It targets media companies in Sweden and the Nordic region (Sweden, Denmark, Finland, and Norway) and has a long track record since 2002, with hundreds of transactions across e-commerce, digital services and B2B ventures, leveraging media advertising to support growth.

Nordic FoodTech VC is a Helsinki-based early-stage venture capital firm that backs Nordic food tech companies developing science- and engineering-driven solutions to transform the global food system. The firm concentrates on deep tech and early-stage opportunities across Northern Europe, with a portfolio that includes natural food colors from Chromologics, fats produced by precision fermentation from Melt&Marble, alternative proteins from Enifer and Hailia, sustainable fertilizers from Tracegrow, and technologies for water and waste management from NanoHalen and NPHarvest. The team comprises experienced investors, scientists, and industry professionals, and the firm emphasizes impact-focused investing in the Nordic and Baltic regions.

Bonnier is a Nordic-origin media group with operations across TV, newspapers, business press, magazines, film, books, radio and digital media. It has a global footprint with activities in the United States, Germany, the United Kingdom and Eastern Europe, spanning 16 countries and employing over 9,000 people. Founded in 1804, Bonnier combines a long-standing commitment to freedom of speech with a focus on sustainable business growth. The company is wholly owned by the Bonnier family, a succession that has guided its development for seven generations. Its portfolio centers on delivering high-quality media products and services while maintaining an emphasis on entrepreneurship and content innovation.

Hadean Ventures is an Oslo-based investment firm and venture capital fund manager focused on life sciences and healthcare across Europe, with particular emphasis on the Nordic region. The firm manages over EUR 230 million in assets and backs pharmaceutical, biotechnology, digital health, and other science-driven ventures through a team of experienced professionals dedicated to funding and strategic guidance. It aims to deliver strong financial returns while creating meaningful societal impact and collaborates with leading academic institutions and startup hubs across Europe, maintaining offices in Oslo and Stockholm to engage with private and institutional investors.

Wave Ventures is a venture capital firm founded in 2016 and based in Helsinki, Finland and Stockholm, Sweden. It concentrates on pre-seed and early-stage investments across the Nordics and Baltics, backing first-time founders and Gen Z entrepreneurs. The firm is described as Europe's largest student-run venture capital and operates with a small team formed by graduates from top regional universities. Its portfolio is informally grouped as The Wave, and the firm emphasizes proactive support for portfolio companies, pursuing opportunities across Denmark, Finland, Iceland, Norway, Sweden, Estonia, Latvia, and Lithuania.

Rite Ventures is a Stockholm-based growth equity and venture capital firm that invests its own capital in Nordic technology-enabled companies, with a focus on Sweden and Finland in IT services, software as a service, IT infrastructure, digital brands, and e-commerce. It emphasizes active ownership with a minority stake to align incentives for long-term leadership and follows a proven value-creation process supported by a strong network and track record. The firm backs early growth to mid-market expansion, leveraging customer value, technology, AI, and data to enable sustainable B2C and B2B growth and durable business processes. Portfolio examples include Skincity and Nebula among others. The firm pursues disciplined capital management and selective value-creating partnerships, with an emphasis on ethical standards and avoiding excessive debt. Rite Ventures is headquartered in Stockholm and operates across the Nordic region.

Incore Invest is a growth equity firm based in Stockholm, Sweden, focused on growth-stage investments in technology-driven companies, with a Nordic emphasis on fintech, SaaS, and B2B software. Founded in 2022, the firm combines an entrepreneurial background with active ownership and a broad industry network to support portfolio companies in scaling and pursuing international growth, and it has a track record of exits from companies such as PaymentIQ, Brite, Froda, Mynt, and Kameo while continuing to seek new opportunities and provide hands-on strategic guidance to founders.

The Footprint Firm is a Copenhagen-based advisory and impact-focused investment firm dedicated to sustainability. It helps established companies translate sustainability ambitions into tangible results and invests in startups delivering scalable solutions for the transition to a sustainable economy. Founded in 2019, the firm operates across Denmark and the Nordic region with an industry-agnostic approach, including sectors such as food, construction, materials, and technology. It focuses on linking value creation with environmental impact and supports a broad client base in accelerating the green transition.

Luminar Ventures is a Nordic-based seed-stage venture capital firm founded in 2017 and headquartered in Stockholm, Sweden. It backs early-stage technology companies across the Nordics, prioritizing sectors such as SaaS, mobile, artificial intelligence and machine learning, big data, cybersecurity, climate tech, mobility tech, IT services, and computer hardware. The firm provides seed financing and active operational support, including help with strategy, growth, team development, and execution, to help portfolio companies achieve product-market fit, scale rapidly, and expand internationally. Typical investments range from €0.5 million to €2.5 million, with a sweet spot around €1–€2 million, and the firm emphasizes hands-on, long-term partnerships that go beyond capital, leveraging its network and industry experience to accelerate growth of visionary Nordic founders.

J12 Ventures is a Nordic-focused venture capital firm headquartered in Stockholm, with offices in the United Kingdom and Finland. Founded in 2019, it concentrates on pre-seed and early-stage technology and software companies, with a particular emphasis on artificial intelligence. The firm uses a thesis-driven approach, backing both AI enablers—data infrastructure, developer tools, and MLOps—and AI applications across industries such as finance, industrials, retail, cybersecurity, and legal. Its investments target companies across the Nordics, Sweden, Finland, and the Baltics, and it seeks founders with ingenuity, curiosity, and resilience to accelerate AI adoption and deployment.

Sciety is a venture capital firm focused on life sciences and digital health in the Nordic region, with a base in Stockholm, Sweden. It leads investment processes and invests alongside leading venture capital firms and family offices through its Sciety Venture Partners network. The firm targets seed, early venture, and growth-stage opportunities in biotechnology, pharmaceuticals, medical technology, diagnostics, health tech, and related ICT in healthcare. It supports portfolio companies through strategic introductions, governance support, and guidance toward milestones, potential exits, M&A, or IPO. Typical deal sizes reported range from several million euros, and the firm emphasizes a data-driven approach and close collaboration with management. Sciety participates in notable rounds and maintains active involvement across the Nordic life sciences ecosystem, leveraging Sweden’s leadership in precision medicine, genomics, and digital health.

Crowberry Capital is a Nordic venture capital firm based in Reykjavik with additional offices in Copenhagen and Stockholm. The firm provides seed and early-stage funding to technology startups across the Nordics, aiming to back teams with strong technology advantages and the potential to build global companies. Crowberry emphasizes a hands-on, follow-through approach and active portfolio support from pitching through due diligence to signing and beyond, with a philosophy of investing in founders who can create ventures that are good for people. The firm has managed multiple funds, including Crowberry II, a €90 million second fund backed in part by InnovFin Equity with Horizon 2020 support, and Crowberry I in Northern Europe. Initial ticket sizes typically range from €200,000 to €2,000,000, and the team evaluates opportunities across sectors such as gaming, SaaS, health tech, fintech, data analytics, AI, healthcare, energy, and consumer products. Crowberry maintains a global outlook, with experience across several countries, and seeks to identify bold founders tackling real-world problems.

Spintop Ventures is a Nordic seed- and early-stage venture capital firm focusing on software-based technology companies. Founded in 2010 and headquartered in Sweden, it operates with an operator-led, hands-on approach and emphasizes sustainability and ESG across its investment process. The firm backs ambitious founders in the Nordic region at early stages, typically providing initial investments and enabling follow-on support to scale global winners. With a portfolio of over 35 companies, Spintop supports ventures that improve productivity, digital infrastructure, and the circular economy, seeking measurable impact alongside growth.

Aconterra is a venture capital firm that invests in early-stage technology companies advancing building innovation and the energy transition. It finances and supports startups and scaleups that enhance building intelligence, energy efficiency, safety, and comfort, operating with an evergreen approach aimed at long-term value and impact. The firm serves as an ecosystem for investors and portfolio companies by providing expertise, networks, and capital to help them achieve their goals. Its focus spans software-led building solutions, often integrating hardware, machine learning, sensors, and IoT to improve performance across residential, commercial, and industrial assets, including microgrids and energy networks. The geographic emphasis centers on Europe, with activity in Benelux, Nordics, and the DACH region, and it pursues cross-industry collaboration and co-working opportunities to accelerate energy transition and building intelligence.

Icebreaker.vc is a venture capital firm founded in 2016 and based in Helsinki, Finland, focused on early-stage investments in the Nordic and Baltic regions. It backs startups from the idea stage through Seed funding and beyond, providing first-ticket investments up to 1.5 million euros and guidance from experienced partners throughout the startup lifecycle. Since 2017 it has backed more than 100 teams across sectors including SaaS, fintech, and healthtech, with notable investments such as ReOrbit and Hoxhunt. The firm also runs a community of founders and pre-founders with relevant industry experience, and its activities are supported by InnovFin Equity and the European Union's Horizon 2020 program.

NFT Ventures is a Stockholm-based venture capital firm founded in 2014 that specializes in financial technology. It invests in seed to growth-stage fintech startups across Europe, with a focus on Northern Europe, including the Nordic countries, the United Kingdom, Germany and the Benelux, and provides capital, strategic guidance and increased visibility to help portfolio companies scale and become market leaders. The firm targets established startups with scalable concepts and strong teams, often taking a minority equity stake, and supports entrepreneurs to drive growth and long-term value. Its portfolio includes fintech platforms and related services such as digital banking, loyalty programs, insurtech, regtech, proptech and e-commerce, reflecting a broad fintech remit. NFT Ventures maintains an additional office in Helsinki, Finland, reinforcing its regional footprint and ongoing investment activity.

Nordic Game Ventures is a Helsinki-based venture capital firm that invests in early-stage companies across the Nordic gaming ecosystem, including game developers, game technology startups, and applied games, with interests in digital health, education and training, virtual reality and metaverse initiatives, and it emphasizes governance, transparency, and environmental, social, and governance considerations in its portfolio.

Finnish Industry Investment is the government-owned investment arm of Finland's Ministry of Employment and the Economy, based in Helsinki. It promotes Finnish business and employment by making direct investments in growth companies and by investing in venture capital and private equity funds, with a focus on Finnish companies across sectors. Its activities include financing growth, spin-offs, major industrial investments, internationalization, and sector or corporate restructurings, typically via minority stakes and private co-investments. It uses proceeds from privatizations to stimulate growth and collaborates with private investors and fund managers to support scaling and competitiveness of Finnish enterprises.

Wellstreet is a Nordic-focused venture capital firm and early-stage investor based in Sweden that builds and accelerates startups through a curated ecosystem of industry experts, mentors, and investors. It emphasizes sustainability and ESG, supporting portfolio companies from early stages through scale-up and exit planning. Wellstreet provides hands-on support and strategic guidance, positioning itself as a dedicated partner rather than a traditional VC. The firm backs companies across sectors including consumer direct, SaaS, B2B services, infrastructure technology, e-commerce, fintech, martech, greentech and proptech, and it highlights a track record of helping startups achieve notable successes such as Tibber, DanAds, Regily and Scrive.

Sting is a Swedish startup ecosystem and accelerator that helps ambitious founders turn ideas into sustainable businesses. It focuses on ClimateTech, HealthTech and DeepTech, and runs programs such as Sting Core, a six-month accelerator; Pre-Sting; Startup Academy; Open Coaching; and Test Drive. The organization connects startups with coaches, entrepreneurs and investors, and maintains a network that includes Propel Capital. It offers resources, events and a demo day to showcase companies to investors, supporting the growth of Sweden's future technology companies to compete internationally. Based in Stockholm, Sting emphasizes community, collaboration and international expansion.

SEB Venture Capital is the venture capital arm of SEB focused on fintech investments and strategic corporate venture activities. It supports entrepreneurs and innovators in launching and growing profitable fintech businesses, pursuing game-changing solutions that make the financial industry smarter, safer, and more user-friendly while emphasizing environmental responsibility. The firm seeks partnerships with SEB to leverage strategic value and drive long-term growth in the financial technology sector.

Tera Ventures is an early-stage venture capital firm based in Tallinn, Estonia, focused on digital startups with global ambitions. The firm invests in startups across the Baltics, Nordics and Central Europe including Estonia, Denmark, Sweden, Finland, Latvia, Lithuania, Poland and the Czech Republic. It prioritizes AI-powered innovations and areas such as FinTech, security and automation, but remains industry agnostic. Tera Ventures takes a hands-on approach, often leading rounds and providing follow-on support to portfolio companies, helping them enter international markets and raise capital from leading VCs in the US, the UK and Japan. The firm leverages a global advisory network to offer portfolio companies access to expertise and partnerships as they scale toward global leadership.

Superhero Capital is a Helsinki-based venture capital firm that concentrates on seed-stage investments in software-enabled startups across Finland and the Baltic states. It typically makes early-stage commitments of roughly €100,000 to €1 million and focuses on software, health tech, fintech, IoT, and other B2B technology-enabled sectors. The firm positions itself as a founder-friendly partner, seeking to understand founders’ challenges and offer support without taking control of the business. With a track record of backing a broad portfolio and substantial follow-on funding, Superhero Capital aims to help entrepreneurs scale in the New Nordics. While the primary focus is Finland and the Baltics, the fund has historically considered opportunities outside the region when aligned with its strategy.

Zobito is a European growth capital firm focused on enterprise software and information technology, based in Limhamn, Sweden. The company combines financial investment with active advisory services, providing strategic guidance, risk-sharing through co-investment, and value creation support to portfolio companies. It identifies high-potential businesses, partners with other investors, and helps management teams achieve goals through collaboration with boards and investors. With a decade of experience in the Nordic market, Zobito emphasizes a collaborative approach and practical operational insight to accelerate growth for its portfolio in the B2B software and technology sectors.

Vendep Capital is a Finland-based venture capital firm founded in 2013 that specializes in early-stage B2B software, with a focus on the Nordics and Baltics. It backs SaaS and related software startups from pre-seed to Series A, typically investing from about €100,000 up to €3 million, and often committing the first ticket in the €0.1–€3 million range depending on stage. Beyond capital, Vendep provides hands-on support through its SaaS expertise and networks to accelerate growth, including guidance on business model development, team building, and go-to-market strategies.

Conor Venture Partners is a Finnish venture capital firm based in Espoo, founded in 2005. It focuses on early-stage technology companies across the Nordic and Baltic regions, investing in IT, communications, software, electronics, embedded software, semiconductor technology, and optics.

byFounders is a venture capital firm and community-driven investor focused on backing globally ambitious and impact-aware founders in the New Nordics, including the Nordics and Baltics. Based in Copenhagen with an office in San Francisco, the firm backs early-stage technology companies, typically at pre-seed and seed stages and sometimes Series A, prioritizing artificial intelligence, climate, health, and other tech sectors. It operates as a founder-friendly partner, providing access to a global network, operational expertise, and programs such as Basecamp to support portfolio companies. Backed by the byFounders Collective, a group of 40+ experienced founders and operators, the firm emphasizes transparent relationships, long-term partnerships, and follow-on investments in its portfolio. The approach combines a community-driven model with selective evaluation and active involvement to help startups scale in the Nordics and beyond.

Eqvitec Partners is a Nordic private equity firm focused on technology companies, providing equity and mezzanine financing across different stages and supporting portfolio companies through active board involvement, strategy execution and business development. The firm manages and advises multiple funds with substantial capital and leverages an extensive network and financial know-how to create value. Typical exits occur after three to six years through trade sales or public listings. Founded in 1997, Eqvitec operates from Helsinki and Stockholm and maintains membership in industry associations across Finland, Sweden, Europe and the Nordic region.

Maki.vc is a Helsinki-based venture capital firm focused on backing early-stage, category-defining companies with a Nordic origin and global ambitions. The firm concentrates on deep tech and related sectors, including AI, quantum, fintech, distance tech, consumer and healthcare technology, as well as commercial products and services and consumer food products. It typically participates in first rounds, up to around 5 million euros, and continues to support portfolio companies from inception through subsequent rounds, assisting with strategy, market research, fundraising, and scaling. Maki.vc emphasizes rapid, decisive checks, staged rounds, and access to an extensive operator and talent network, delivering hands-on operational support and warm introductions to international investors. Based in Helsinki's Maria 01, the team partners with founders to accelerate global expansion from day one, with a portfolio that includes IQM, Enfuce, Strise, and Distance, among others. The firm pursues global opportunities beyond the Nordics, seeking to help exceptional founders build thriving businesses from Europe to the world.

Fairpoint Capital is a Stockholm-based venture capital firm that backs early-stage B2B technology companies in the Nordic region and beyond. Originating from the technology team of SEB Venture Capital, it operates independently with SEB as a primary investor, drawing on more than two decades of technology venture experience and a portfolio exceeding 50 companies. The firm backs startups across sectors such as artificial intelligence, Internet of Things, semiconductor technology, cloud computing, robotics, big data, computer vision, autonomous systems, cybersecurity, and additive manufacturing, with interests in AI-driven analytics, edge computing, product traceability, and related applications. Fairpoint aims to empower entrepreneurs to scale their businesses and realizes value through strategic exits when appropriate.

Butterfly Ventures is a Nordic-focused early-stage venture capital firm founded in 2012 and headquartered in Oulu, Finland, with additional offices in Helsinki and Stockholm. It invests primarily in seed-stage technology companies across the Nordics and Baltics, emphasizing deep tech, hardware and hardware/software interfacing solutions, and often engaging with companies before revenue. The firm adopts a collaborative approach, providing startups with partner support and prioritizing societal impact.

Partnerinvest Norr is a Sweden-based private equity and venture capital firm focused on supporting early-stage growth in industrial, transport and technology sectors in Västerbotten and Norrbotten. The firm invests across industries with scalable business models and international potential, providing active ownership and governance to help growth-stage companies scale. Since its establishment around 2010, Partnerinvest Norr has backed numerous regional companies, often leveraging private-public funding collaborations to accelerate development. Typical initial investments range from 1 to 3 million SEK, with potential to increase to as much as 10 million SEK per portfolio company, and opportunities for follow-on investments or syndication using equity or convertible instruments. The firm coordinates funding alongside EU structural funds and regional development partners, aiming to build world-class northern Swedish companies and strengthen regional innovation ecosystems.

8 Media Ventures is a venture capital firm that specializes in media investments and supports Nordic brands with strategic guidance and operational resources to accelerate growth. Founded in 2021 and based in Helsinki, Finland, with activity in Stockholm, the firm emphasizes media-for-equity opportunities and proven direct-to-consumer growth to help media-focused businesses expand across the Nordic region.

Nordic Makers is a Stockholm-based venture capital firm focused on Nordic B2B software startups in the pre-seed and seed stages. Founded by experienced entrepreneurs, it reinvests its own capital and takes a hands-on approach to support founder-led teams, often aiming to lead early-stage rounds and provide follow-on investments. The firm targets Nordic B2B software companies with typical checks in the mid six figures to low seven figures range and emphasizes founder-led value creation. Its portfolio spans sectors such as customer experience, healthcare, and employee productivity, with examples including Sitecore, Corti, and Gravy. Nordic Makers concentrates on the Nordic region, prefers early leadership in funding rounds, and excludes sectors like MedTech, Biotech, marketing automation, crypto, and VR/AR.

Nefco is the Nordic Green Bank, an international financial institution owned by the Nordic countries and established in 1990. It finances the initial scale-up of Nordic green solutions in international markets, supporting energy efficiency, renewable energy, clean water and sanitation, waste management, and cleaner industrial processes. Nefco provides loan financing and financial support for small and medium-sized green investments, often partnering with other financial institutions and co-financiers to de-risk projects. It acts as an implementing agency and uses its own capital to advance the green transition, prioritizing impact, transparency, and measurable results while aligning with global environmental objectives. The organization supports SME growth and has global reach across regions including Europe, Ukraine, the Baltic region, and Sub-Saharan Africa.

Farvatn Venture is an early-stage venture capital firm focused on startups in the ocean, life sciences, and renewable energy sectors. The firm pursues opportunities across the Nordic region and Silicon Valley, seeking to back ventures with sustainable impact and scalable growth. Through partnerships with other venture funds and active involvement in portfolio companies, Farvatn Venture aims to support founders with capital and strategic guidance to advance innovative technologies. The firm emphasizes responsible investment aligned with global sustainability priorities.

SNÖ Ventures is a Nordic-focused venture capital firm that makes seed-stage investments in technology companies. Founded in 2015, it is based in Oslo, Norway, with an additional office in Palo Alto, California. The firm provides global access and local support to ambitious Nordic tech pioneers, helping them scale startups across the region and beyond.