Top 25 Seed Funds in the Nordics
Updated August 2026 · Sourced from GRID's database of 6,200+ European VCs
The Nordic countries — Sweden, Denmark, Norway, and Finland — punch above their weight in venture capital, producing companies like Spotify, Klarna, and Unity. Nordic seed funds typically invest between €300K and €2M.
This ranking is algorithmically curated using a blend of real-time search interest on GRID, platform activity, and structural firm data to highlight the most relevant investors in the ecosystem.
- 1
PreSeed Ventures (PSV)
Copenhagen, DK14 professionalsPre-seedEarly-stageB2BSaaSCheck size: €60K – €650K
- 2
Butterfly Ventures
Oulu, FI9 professionalsSeedDeepTechHardwareCheck size: €300K – €300K
- 3
Final Frontier (Space & Defence VC)
Copenhagen, DK2 professionalsPre-seedSeedFranceGermanyAustriaCheck size: €100K – €500K
- 4
Kvanted Ventures
Helsinki, FI13 professionalsPre-SeedSeedSeries AAI/MLGreenTechHardwareCheck size: €500K – €3.0M
- 5
NFT Ventures
Stockholm, SE2 professionalsFinTechCheck size: €1.0M – €1.0M
- 6
Equinor Ventures
Stavanger, NO7 professionalsPre-Seed / SeedSeries A/BEnergyGreenTechCheck size: €1.5M – €6.0M
- 7
Climentum Capital
Copenhagen, DK9 professionalsSeedSeries AEnergyGreenTechCheck size: €1.0M – €5.0M
- 8
Superhero Capital VC
4 professionalsSeedFinlandBalticsNew NordicsCheck size: €50K – €1.0M
- 9
Greencode Ventures
Helsinki, FI10 professionalsSeed to Series A+GreenTechCheck size: €1.9M – €3.9M
- 10
Sisu Ventures
Helsinki, FI8 professionalsGamingCheck size: €2.8M – €2.8M
- 11
Luminarventures
Stockholm, SE15 professionalsPre-SeedSeedCheck size: €500K – €2.5M
- 12
Nordic Makers
Copenhagen, DK15 professionalsPre-seedNordicsCheck size: €500K – €30.0M
- 13
Industrifonden
Stockholm, SE31 professionalsPre-SeedB2BSaaSCheck size: €1.6M – €5.0M
- 14
Alliance Venture
Oslo, NO11 professionalsEarly-stageSeedSeries AB2BSaaSCheck size: €2.6M – €3.4M
- 15
Nordic Science Investments
5 professionalspre-seedseedSeries ANordicsCheck size: €50K – €3.5M
- 16
Futurum Ventures
Trondheim, NO4 professionalsSeedSeries AGlobalCheck size: €1.7M – €7.4M
- 17
Northzone Ventures
44 professionalsSeedGrowthCheck size: €55.9M – €137.6M
- 18
Lifeline Ventures
Helsinki, FI11 professionalsPre-seedSeedCheck size: €2.2M – €11.7M
- 19
Voima Ventures
Stockholm, SE7 professionalsPre-seedSeedSeries ADenmarkFinlandNorwayCheck size: €300K – €1.0M
- 20
Inventure VC
Helsinki, FI19 professionalsEarly-stageSeedCheck size: €300K – €5.0M
- 21
CVX Ventures
Copenhagen, DK17 professionalsSeedSeries AGermanyUKDenmarkCheck size: €200K – €1.0M
- 22
Superhero Capital
Helsinki, FI13 professionalsSeedB2BSaaSCheck size: €50K – €1.0M
- 23
Norrsken Evolve
12 professionalsPre-seedEuropeCheck size: €200K – €200.0M
- 24
Icebreaker.vc
Helsinki, FI5 professionalsIdea stagePre-seedSeedUKFinlandSwedenCheck size: €100K – €45.0M
- 25
Heartcore Capital
Copenhagen, DK13 professionalsB2BSaaSCheck size: €5.2M – €92.5M
Frequently Asked Questions
- Which Nordic country has the most active seed scene?
- Sweden (particularly Stockholm) has the most active seed scene in the Nordics, followed by Denmark (Copenhagen) and Finland (Helsinki).
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