Startups and Venture Capital in the Nordics

Big Things from Small Places

The Nordics lead Europe in value creation. With a smaller population, less capital, distributed across 5 countries, the Nordics have produced some of the most successful companies in Europe. These are often not just regional champions, but companies that win on a global scale.

Frontline and Northzone collaborated on this deck to help tell that story to the world. Below, you will learn more about:

  • Charting funding, and startup success in Nordic countries
  • An index of global champions: 23 of the Nordics most successful startups
  • Total funds raised by VCs and internet investors in the Nordics
  • Investors by stage (seed to growth), including international investors
  • Late stage funding detail of Nordic participants
  • US investors who participate in the Nordics
  • Economic, cultural, and legal strengths and weaknesses
  • Who to know: 34 partners of VC funds who shape the region
  • Detailed profiles of 5 VC’s based in the Nordic region
  • 8 success stories operating in 4 market sectors
  • 16 rising stars in the Nordics
  • Exit values and takeaways

A big thanks to our content partner Northzone, whose 20 years of experience investing in the Nordics and beyond made this report possible.

Working on something interesting in the Nordics? Frontline Ventures is a pan-European B2B and enterprise seed-stage investor. Get in touch: