Nordic Eye Venture Capital

Fiftyfive Capital is an international growth capital firm headquartered in Copenhagen, Denmark, focused on investing in growth-stage companies within the technology and lifestyle sectors. They seek investments with strong revenue potential and a clear path to international expansion. Their investment strategy involves spotting unique cases with clear scalable potential and a strong fit to their capabilities. They prefer companies that have proven their product and market fit, aiming to exit when scalability is proven. They also have a Liquidity Fund that provides investors with access to high-quality, exit-ready European technology companies through direct secondary investments. The firm's approach involves actively working with portfolio companies post-investment, leveraging their experiences in IT consulting, metadata, digital data, SaaS, big data, property, finance, sales, change management, and customer journey knowledge. Fiftyfive Capital emphasizes responsible investing by integrating ESG policies into their business strategy, believing it leads to value creation and long-term success.
Pario Ventures

Pario Ventures invests in grounded founders with commercial reality, prioritizing profitability, dividends, strategic M&A, or well-timed exits over vanity valuations. Operator-led, sector-agnostic, and focused on pragmatic partnership, adaptation, and ownership mindset.
Philipp Angermann

PA Ventures GmbH, led by Philipp Angermann, focuses on early-stage fintech and B2B SaaS startups. As an angel investor and startup advisor, Philipp leverages his experience in product management, B2B marketing, B2B sales, and operations to support portfolio companies. His investment strategy centers around providing not only capital but also hands-on guidance to help startups navigate the challenges of early growth. He aims to connect them with a strong network of fellow angel investors, VCs, and family offices for subsequent fundraising rounds. Philipp also runs the PA Foundation to support non-profits and is committed to sustainability by offsetting his carbon footprint through Leaders for Climate Action.
Prequel Ventures

Prequel Ventures focuses on empowering sustainable supply chains by investing in visionary founder teams building resilient, efficient, transparent, and sustainable supply chain solutions. The firm combines operational startup experience and venture capital expertise with a passion for the supply chain industry. They aim to provide financial backing and operational support to transform the inner workings of global trade. Their goal is to fund related startups from the pre-seed stage onwards, helping innovative teams turn their business ideas into financially viable ventures that align profits with principles. Prequel Ventures takes a purpose-driven approach to investing, emphasizing a commitment to building a greener and stronger tomorrow, one supply chain solution at a time. The firm seeks to invest in companies that are at the forefront of positive change within the supply chain sector. They are interested in startups that are driving innovation and creating a more sustainable and efficient future for global trade. Their primary focus is on empowering supply chain pioneers right from the initial stages, specifically pre-seed stage, recognizing the importance of early-stage support. They aim to scout and invest in teams throughout Europe, targeting those who they believe will become champions of industry. They combine over three decades of experience as investment specialists with a common drive to transform the inner workings of global trade.
SINTEF Ventures

Based on the provided website content, SINTEF appears to be primarily a research organization rather than a traditional venture capital firm. Their focus is on applied research, technology development, and innovation across various sectors. They conduct numerous projects annually for clients of all sizes, offering services such as laboratory testing, expert consulting, software development, and research publication. While they may not directly invest in startups in the same way as a VC firm, SINTEF plays a crucial role in fostering innovation by providing R&D services, developing technologies, and facilitating access to funding opportunities for companies looking to develop and commercialize new ideas. Their work covers a broad range of technologies, from green energy and hydrogen to AI and improved sound environments, all aimed at contributing to a better society. They also facilitate connections with expertise and knowledge resources, which can be incredibly valuable to nascent companies.
Super Capital VC

Super Capital is a 360° financing group for startup and SME leaders, operating as a VC fund and a business angel community. Founded in 2018 as a community of business angels, it evolved to include VC activities in 2020 and expanded its service offerings, especially in non-dilutive financing, in 2021. Their goal is to facilitate funding for entrepreneurs and facilitate the acquisition of businesses. The firm aims to be one of the most active early-stage investors in Europe, executing over 100 investments annually. They seek to help entrepreneurs raise funds and offer support from early stage investments to later stage VC deals. The firm also emphasizes the importance of good communication between entrepreneurs and investors, advocating for proactive and regular reporting on progress, challenges, and financial status.
Ugly Duckling Ventures

Ugly Duckling Ventures (UDV) focuses on backing Nordic founders at the pre-seed and seed stages. Their investment strategy centers around providing capital, know-how, and real-world application to early-stage ventures. They aim to be active GPs, leveraging their experience as builders and business angels to help startups scale rapidly. UDV emphasizes building relationships with founders, valuing transparency, and offering straightforward communication. They take a hands-on, operational approach, actively engaging with their portfolio companies to prepare them for growth. A key differentiator is their GPs-only model, ensuring that portfolio founders work directly with experienced partners rather than junior account managers. Furthermore, their established network within the Danish startup community provides access to investors and resources that can assist portfolio companies.
Venture Catalysts

Venture Catalysts focuses on early-stage, knowledge-intensive projects, particularly those originating from scientific research and labs. They emphasize understanding the underlying science and shaping it into a viable business. The firm seeks out projects with the potential to impact millions of lives, and they are comfortable working with projects that are not yet "ready to invest." They are very aware of how to utilize resources and work with limited funds, given that they have built the business with limited funds. They value Authenticity, Trust, and a sense of humor, and are independent in their decision-making. The firm believes that the "underdog" tag often comes from a communication gap and a lack of knowledge. They are not particularly interested in trendy subjects or overcrowded markets, which they believe can lead to overvaluation and opportunistic players. Venture Catalysts considers that money is not as valuable as people, and that the value lies in the owners of the funds. They believe that the whole is greater than the sum of its parts. They team up with scientists, question everything, develop strong business cases, know how to raise money, and are company builders. Their goal is to turn science into business.
tokentus investment AG

tokentus investment AG is a venture capital firm focused on blockchain-based investments. They aim to capitalize on the growth of the global blockchain market by investing in companies that disrupt traditional business models using blockchain technology. The firm has evolved from a startup investor to focus on growth and later-stage opportunities. Their decision-making is guided by six core principles: seeking the best multiples through equity and selected token investments, focusing on growth and later stages for optimal risk/opportunity ratios, targeting classic sectors where blockchain serves as a means rather than an end, investing globally with top co-investors, maintaining transparency with partners, and prioritizing the business side, leveraging the seniority and expertise of tokentus shareholders. They look for targets that strive to change business from scratch. The firm emphasizes a results-oriented approach, measuring their success by the performance of their investments. They actively seek companies that can benefit from their competence and experience, viewing themselves as partners in their portfolio companies' journeys to success. They invest only in equity and selected tokens. tokentus is dedicated to helping portfolio companies along the path to success, and provides guidance and support and is a solid partner to invest. The firm also emphasizes a commitment to transparency, reflecting its status as a stock-listed company.
7percent Ventures

7percent Ventures focuses on backing determined founders solving significant problems with the potential for 200x returns. They seek to invest in technologies and products that will become indispensable in ten years, aiming for breakthrough companies and technologies rather than incremental market iterations. The firm looks for moonshots, indicating a high-risk, high-reward investment strategy. They aim to invest in solutions to problems which impact a lot of people. With experience as ex-founders in both the U.K. and U.S., the firm provides expertise and capital through the networks they've co-founded. Their guiding principle is to help, not hinder, startups, empathizing with the challenges founders face due to their own operational backgrounds. They believe the venture capital journey is best for big risk, big outcome businesses – startups with exponential growth potential and sector-defining change. The firm name is based on the idea that a good early-stage growth rate is 5-7% a week.
Nesta Impact Investments

Nesta is a research and innovation foundation focusing on designing, testing, and scaling solutions to address significant societal challenges. Their strategy is driven by a mission to tackle issues such as inequality, obesity, and household carbon emissions. They leverage applied methods and innovation lifecycle expertise to create impactful solutions. Nesta's approach involves working across various stages of the innovation process. They aim to improve life chances by focusing on early childhood development, promoting healthier lifestyles by halving obesity rates, and fostering a sustainable future by reducing home carbon emissions. These objectives are targeted for achievement by 2030. Nesta extends its reach and impact through specialized units like BIT (Behavioural Insights Team) and Challenge Works. BIT utilizes behavioral science to improve public services and organizational effectiveness, while Challenge Works designs and manages challenge prizes to stimulate innovation in science, technology, and society. Equity, diversity, and inclusion are central to Nesta's operations. They actively work to reduce pay gaps, increase staff diversity, and ensure their projects deliver equitable outcomes for disadvantaged communities. They set specific goals, such as achieving representation of the UK's diversity in terms of ethnicity, disability, sexual orientation, gender, and socioeconomic background by 2027.
Signature Ventures

Signature Ventures focuses on powering the next wave of Deep Tech innovation. They invest in exceptional founders and emerging fund managers operating at the intersection of science, engineering, and imagination. The firm aims to drive transformative change by backing companies that dare to wonder and push the boundaries of technological advancement. Their portfolio exhibits investments in various areas within Deep Tech, ranging from data infrastructure and digital asset services to decentralized science and open finance.
Forestay Capital

Forestay Capital focuses on partnering with entrepreneurial leaders building the next generation of technology companies. They aim to go "beyond capital" by being entrepreneurial partners. Their investments indicate a focus on AI-driven enterprise solutions, particularly in areas like data infrastructure, legal tech, engineering intelligence, and commercial decision-making. They actively lead or co-lead investment rounds and provide support beyond just financial capital. Based on their portfolio and news insights, Forestay Capital appears to be targeting companies leveraging AI to improve efficiency, provide predictive analytics, and automate processes across various industries. They also demonstrate an interest in cybersecurity, as evidenced by their "CISO Unlocked" series and research on AI security. This suggests a broader investment thesis around enterprise software and the technologies that enable data-driven decision-making and secure operations. The firm's investment approach is active, as they frequently lead rounds and participate in follow-on investments (e.g., Neural Concept). The "Fore"sights section indicates a dedication to proprietary research and thought leadership, highlighting their expertise and proactive approach to identifying emerging trends and investment opportunities within enterprise technology. Their overall strategy involves backing innovative companies with strong market positions and potential for significant growth.
Hyperwise Ventures

Hyperwise Ventures focuses on investing in early-stage startups operating in the cybersecurity and enterprise software domains. The firm seeks out teams with groundbreaking technology and a strong business execution mindset. They are particularly interested in technical entrepreneurs with innovative ideas who may be looking for business-savvy co-founders, solutions addressing real business challenges, entrepreneurs with unique cyber expertise gained in military service, or individuals with significant experience in enterprise software seeking to launch their own startups. Hyperwise Ventures offers seed investments alongside hands-on mentorship. The firm provides meaningful support to founding teams in launching successful products and establishing effective sales operations in the US market. This suggests a preference for startups with a strong focus on the US market, even if they are based elsewhere. Furthermore, Hyperwise Ventures leverages its unique network of strategic investors to accelerate startup execution and provide exposure to additional funding opportunities from global leaders in the cybersecurity and enterprise software spaces. This network appears to be a key value proposition for portfolio companies, providing access to potential follow-on funding and strategic partnerships. Overall, Hyperwise Ventures is positioned as a partner for startups navigating the challenging journey to business success, particularly those with innovative technologies targeting specific market needs in the cybersecurity and enterprise software sectors. The firm appears to provide a combination of financial investment, mentorship, and networking opportunities to help its portfolio companies grow and scale.
Maven 11 Capital

Maven 11 is a crypto-native fund that partners with brave outliers challenging the status quo by redefining ownership. They believe ownership will be redefined by open, inclusive, and permissionless crypto networks. The firm focuses on providing guidance and hands-on help to their founders. They actively participate alongside their founders in true partnership, valuing bold founders who act on their insights and partnering with them from the beginning. They emphasize technical fluency, seeking founders with deep technical understanding, and believe that strong relationships are crucial for navigating market complexities.
Mensch Capital Partners

Mensch Capital operates as a patent buyer, directly acquiring intellectual property rights rather than brokering them. Their core belief is that inventors are vital to the economy, and they aim to reward them by funding their future ventures through their current innovations. Mensch Capital formulates and implements monetization strategies to maximize the value of acquired patents, utilizing methods like licensing, commercialization, and sales. The specific strategy is tailored to each patent and its relevant market to achieve the strongest possible return for the firm and, most importantly, the inventors behind the intellectual property. The firm's investment philosophy is rooted in integrity, emphasizing the importance of strong relationships and ethical conduct. They believe in recognizing and rewarding the risk-takers who create innovative solutions. Mensch Capital aims to ensure incentives are aligned to encourage continued investment in unique ideas, focusing on universities, hospitals, doctors, scientists, engineers, and innovators of all types. They are committed to treating these individuals and institutions with respect and fairness, honoring their contributions to innovation and ensuring they are rewarded for their efforts. Mensch Capital's approach differs from traditional venture capital as it doesn't fund startups directly but instead acquires existing intellectual property. They see each investment as a new opportunity to acknowledge those who took the biggest risk in believing in their creations, seeking to reward that risk and ensuring continued investment in unique ideas. Their business hinges on their network and the strength of their relationships; how they conduct business is paramount. They strive to reward the inventors that deserve it most.
5G Ventures

Phaistos Investment Fund, managed by 5G Ventures, is a venture capital fund established under Greek law to invest exclusively in businesses actively involved in 5G-related research and/or development of products and/or services in Greece. The fund targets sectors such as transport and logistics, manufacturing, public goods and utilities, health, tourism, information and media. Its objective is to foster innovation and growth within the Greek 5G ecosystem.
Concept Ventures

Concept Ventures invests in early-stage startups with a focus on unconventional, high-conviction ideas. They prioritize founders with strong domain expertise and a clear vision, often backing them before broad market validation or traction. The fund emphasizes 'first-cheque' investments and supports founders through the pre-seed and early stages with tailored, founder-centric backing.
DeepTech & Climate Fonds (DTCF)

The DeepTech & Climate Fonds (DTCF) invests in bold innovators and stellar investors to build industry-defining companies in DeepTech and ClimateTech. They provide long-term support to scale groundbreaking ideas, focusing on sustainable, long-term growth rather than rapid scaling. Funded by the German Future Fund and the ERP Special Fund, DTCF backs companies with long development cycles and high capital needs to transform entire industries, bridging investors, SMEs, and early growth tech startups.
Earlybird UNI-X

Earlybird invests in Europe’s tech innovators, providing financial resources, strategic support, and access to a global network to help founders scale from early-stage to IPO. Focused on backing breakthrough ideas before they achieve mainstream success, Earlybird supports companies across diverse tech sectors with a commitment to long-term growth and impact.
Emerge Education

Emerge Education is a pre-seed fund focused on democratizing access to opportunity by investing in early-stage founders building the future of work and learning. The firm aims to be a catalytic partner, providing not only capital but also access to a community of 100+ experienced operators in the future of work and learning space. Their investment approach centers on identifying ambitious founders with a desire to learn from those who have successfully navigated similar challenges, supporting them on their journey to becoming global category leaders. The firm believes in providing hands-on support and being mission-aligned with their portfolio companies from day one. Emerge Education's strategy involves leveraging its extensive network of venture partners, covering a wide range of skills, business models, and customer types relevant to the future of work and learning. By connecting portfolio companies with these experienced operators, Emerge aims to accelerate their growth and increase their chances of success. This community-driven approach is intended to offer early-stage companies valuable insights and mentorship that goes beyond traditional financial investment. They seek pre-seed and seed founders who are building innovative solutions that will shape the future of how people learn and work. The fund is committed to supporting companies with the potential to scale and become global leaders in their respective categories. Emerge Education positions itself as more than just a source of capital; they aim to be a true partner, offering strategic guidance and operational support through its network and dedicated team.
MVP Munich Venture Partners

MVP Munich Venture Partners is a European venture capital firm focused on driving the eco-industrial revolution. They invest in tech companies transforming value chains in emission-intensive sectors, aiming for ambitious growth while addressing pressing global challenges of decarbonization and digitalization. Their approach centers on partnering with tech-preneurs and backing pioneering companies across Industrial Tech, Energy Transition, Mobility & Logistics, and Agriculture & Foodtech. They seek transformative technologies contributing to sustainable prosperity.
Spicehaus Partners

Spicehaus Partners AG is an independent Swiss venture capital investor, fully owned by its partners. They focus on early-stage technology companies in Switzerland. The firm emphasizes long-term partnerships between entrepreneurs and investors, actively working with portfolio companies to achieve success. With a combination of entrepreneurship and institutional experience, they aim to drive digital transformation in Switzerland and support Swiss technology companies in achieving international success, creating jobs and innovation. Spicehaus invests in real business models and entrepreneurs with sustainable goals. Their primary focus is B2B software, investing after the first successful "proof of concept." They often lead funding rounds, providing clarity and momentum to the process, allowing founders to concentrate on building and scaling their businesses. The firm has invested in more than 40 startups since 2012, and have been part of several successful exits, including MOVU and Bexio. Spicehaus distinguishes itself through its deep understanding of both entrepreneurship and institutional investing. This dual perspective allows them to effectively identify and support promising teams. They focus on Swiss technology companies with the potential for international success and are committed to driving digital transformation within Switzerland.
eEquity

eEquity is a growth equity firm focused on digitally enabled business models, primarily in the Nordics with ambitions to develop into European or global champions. They invest in the intersection between technology and retail, including companies with physical products, digital services, and software. As a sector-focused fund, they facilitate knowledge sharing and collaboration among their portfolio companies. They consider themselves experienced entrepreneurs and prioritize coaching successful entrepreneurs in scaling their businesses. eEquity aims to be the first institutional investor in their portfolio companies. Their investment approach is hands-on, viewing eEquity and its portfolio companies as one family of entrepreneurs, united in pursuing success. They emphasize simplicity, scalability, automation, and incrementality as key principles driving their value creation process. eEquity actively invests in the digital space, deploying significant capital and resources to guide and support their portfolio companies. They seek to build strong partnerships with visionary founders. The firm prefers to take large minority or majority ownership stakes. Their strategy focuses on companies that have the potential to reshape industries, innovate through technology, and achieve international growth. They aim to actively contribute to the development of their portfolio companies, providing support and resources to help them scale and become market leaders.