{"id":641614,"date":"2024-10-16T10:00:57","date_gmt":"2024-10-16T07:00:57","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/swedens-node-vc-closes-e71m-fund-for-early-stage-nordic-startups\/"},"modified":"2024-10-16T10:00:57","modified_gmt":"2024-10-16T07:00:57","slug":"swedens-node-vc-closes-e71m-fund-for-early-stage-nordic-startups","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/swedens-node-vc-closes-e71m-fund-for-early-stage-nordic-startups\/","title":{"rendered":"#Sweden’s node.vc closes \u20ac71M fund for early-stage Nordic startups"},"content":{"rendered":"
\n Stockholm-based node.vc has closed a \u20ac71mn fund to back early-stage startups in the Nordics.<\/p>\n

\u201cThe Nordic tech ecosystem is thriving, especially in areas like AI, gaming, fintech, and climate tech,\u201d John Elvesj\u00f6, managing partner at node.vc, told TNW.<\/p>\n

\u201cWe\u2019re seeing experienced talent, particularly from companies like Klarna, Spotify, Voi, Kry, and Pleo, stepping up to become founders,\u201d Elvesj\u00f6 said. The devaluation of employee stock options and increasing layoffs have sparked \u201cfresh entrepreneurial energy,\u201d he added.<\/p>\n

The fund is sector-agnostic. This means that any startup with \u201cinnovative technology<\/a>\u201d can app<\/a>ly. The size of initial investment per company will be around \u20ac1-2mn, although this amount can rise up to \u20ac10mn over time.<\/p>\n

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Node.vc aims to build a portfolio of 22-26 investments. To date, it has backed three companies: no-code startup Lemonado, data management platform Starhive, and creative play studio Roro.<\/p>\n

Led by former founders and startup veterans, the VC firm boasts what it labels a \u201cfounder-first\u201d approach.<\/p>\n

This, said Elvesj\u00f6, translates into \u201cbeing there for the entrepreneur, getting hands-on, and helping remove roadblocks.\u201d Some examples include support with fundraising, recruitment, and networking, as well as crafting product and go-to-market strategies. The aim is to accelerate growth and increase a startup\u2019s probability of success.<\/p>\n

Despite a more, according to Elvesj\u00f6, \u201ccautious\u201d funding environment, node.vc\u2019s fund attracted the backing of a series<\/a> of investors, including Saminvest \u2014 a venture capital firm formed by the Swedish government in 2016.<\/p>\n

Other backers include several Nordic institutional investors and founders of a number of companies, such as Axis Communications and Yubico. Overall, norde.vc has built an investor base that counts over 70 entrepreneurs.<\/p>\n

\u201cEarly-stage funding still feels accessible,\u201d Elvesj\u00f6 said. \u201cAnd the Nordics\u2019 global outlook and collaborative nature keep it competitive, even in tighter markets.\u201d\n <\/p><\/div>\n

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If you want to read more like this article, you can visit our Technology category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Stockholm-based node.vc has closed a \u20ac71mn fund to back early-stage startups in the Nordics. \u201cThe Nordic tech ecosystem is thriving, especially in areas like AI, gaming, fintech, and climate tech,\u201d John Elvesj\u00f6, managing partner at node.vc, told TNW. \u201cWe\u2019re seeing experienced talent, particularly from companies like Klarna, Spotify, Voi, Kry, and Pleo, stepping up to…<\/p>\n","protected":false},"author":1,"featured_media":641615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2024%2F10%2FUntitled-design-52.jpg&signature=997c04c2da028650edcf98e1e259b02f","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-641614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/641614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=641614"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/641614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/641615"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=641614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=641614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=641614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}