Stockholm-based venture capital firm Node.vc has closed a €71 million fund aimed at supporting early-stage startups across the Nordic region.
Key investors include Saminvest, a Swedish government-established venture capital firm, alongside major Nordic institutional investors like Nordea Liv & Pension. Additionally, over 70 entrepreneurs have joined Node.vc‘s investor base, strengthening its ability to nurture early-stage companies.
Founder-First Investment Approach
Led by John Elvesjö, the swedish VC focuses on a founder-first approach, connecting successful entrepreneurs with early-stage founders to drive growth. The firm has already invested in three Swedish startups: Lemonado (a no-code platform), Roro (a creative play studio), and Starhive (a data management platform). With this new fund, the Venture Capital firm aims to support startups in areas like virtual work, AI, and interactive entertainment.
Backing from Strategic Investors
The fund’s launch was praised by Magnus Skåninger, CEO of Saminvest, who emphasized Node.vc’s potential to drive entrepreneurial success across the Nordic tech landscape. The company’s mission is to create a collaborative ecosystem where entrepreneurs support each other, offering more than just capital but also valuable experience and networks.