Funding

node.vc funding news – Stockholm-based node.vc Secures €71Million in Funding

Oct 16, 2024 | By Team SR

node.vc funding news - Stockholm-based node.vc Secures €71Million in Funding

node.vc! The Nordic early-stage venture capital firm, led by veterans of renowned startups like Tobii and Paradox Interactive, has secured €71 million in funding. This investment will fuel their mission to build a thriving ecosystem for entrepreneurs.

Noteworthy cornerstone investors in the new fund include Stockholm-based Saminvest and various top Nordic institutional investors, demonstrating widespread confidence in node.vc's venture capital strategy. With an investor base exceeding 70 entrepreneurs, node.vc is well-positioned to drive innovation and support the growth of emerging companies.

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Notable backers of the new fund include founders of Axis Communications, Yubico, Polarium, Cint, Evolution, PriceRunner, and Polar Structure. The Stockholm-headquartered VC firm’s investment philosophy is built on the power of becoming a node for the Nordic startup ecosystem, ensuring that the firm’s investor community is equipped to help identify, evaluate, and support portfolio companies.

node.vc's investment strategy is centered on a founder-first ecosystem, harnessing its vast entrepreneurial network to discover, nurture, and expand innovative tech companies.

The firm's sector-agnostic approach reflects its conviction that disruptive innovation can arise from any industry. Excitingly, their efforts have led to three investments in Sweden: Lemonado, a no-code platform for software and app development; Roro, a creative play studio; and Starhive, a cutting-edge unified data management platform for enterprises.

The firm’s thesis is centered on the power of collaboration, bridging successful entrepreneurs with early-stage founders to expedite growth and enhance the likelihood of success. Positioned at the nexus of disruption and growth amidst the swiftly evolving global landscape of work, innovation, and entrepreneurship, node.vc plays a pivotal role.

Dedicated to recognizing and supporting companies spearheading change in diverse sectors, be it revolutionizing virtual work, shaping the future of AI, or unveiling new horizons in interactive entertainment and enterprise technology.

node.vc Managing Partner John Elvesjö commented: “The node.vc team started as founders and operators ourselves, we know what it takes to build and scale successful companies. That’s why we always put founders first; node.vc is creating an ecosystem where entrepreneurs back entrepreneurs. Our approach is simple - when we invest in a company, we bring much more than capital. Having been in the founders’ shoes ourselves, we know the challenges first-hand and deeply respect the journey. Our aim is to partner with founders, giving them the full weight of our experience, networks, and insights. With the incredible group of investors we’ve brought together, we’re certain we have built the largest entrepreneur-backed early-stage VC in the Nordics, all within one fund structure.”

About node.vc:

node.vc is an early-stage venture capital firm focused on supporting the next generation of exceptional founders in the Nordics. Their team brings entrepreneurial and operational experience, investing in ground-breaking technology startups at an early stage and providing them with on going support throughout their journey.

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