Stockholm-based node.vc has closed a €71mn fund to back early-stage startups in the Nordics.
“The Nordic tech ecosystem is thriving, especially in areas like AI, gaming, fintech, and climate tech,” John Elvesjö, managing partner at node.vc, told TNW.
“We’re seeing experienced talent, particularly from companies like Klarna, Spotify, Voi, Kry, and Pleo, stepping up to become founders,” Elvesjö said.
To date, it has backed three companies: no-code startup Lemonado, data management platform Starhive, and creative play studio Roro.
Other backers include several Nordic institutional investors and founders of a number of companies, such as Axis Communications and Yubico.