6 VCs and 0 funds investing in Nordics
Managing Partner
Maki.vc (Web3)
Check: Maki's stated sweet spot is first rounds below EUR 5 million from day zero; this describes target round size, not Pauliina's personal check authority. The firm continues to support later rounds selectively.
Pauliina leads a sector-agnostic Nordic first-round strategy centered on exceptional technical founders with global ambition. Her attributed portfolio work spans clinical sensing, autonomous-mobility safety, consumer products, voice agents, quantum, fintech, and sustainability. She favors non-consensus decisions, products rooted in a clear user problem, strong design and customer experience, and teams capable of building category leaders from the Nordics.
Founding Partner
Maki.vc (Web3)
Check: Maki targets first rounds below EUR 5 million and supports consequent rounds; this is a firm round criterion, not Pirkka's personal check range. Active new investments come from Fund III.
Pirkka backs ambitious Nordic teams at their first rounds, combining an operator's technology and scaling perspective with Maki's sector-agnostic, non-consensus approach. His attributed investments favor experienced teams rebuilding large industries with scalable platforms—payments, sustainable construction materials, physical-world digital twins, enterprise systems, and other deep or brand-driven technologies.
General Partner
Norrsken Impact Fund
Check: Norrsken VC publicly states €1M–€10M early-stage and growth tickets. This is a firm-level range, not proof of Alexander's personal or unilateral approval authority.
Alexander backs scalable software and AI that modernize economically important, under-digitized industries while creating measurable environmental or social impact. His recent work around Terra Labs, Endra and Vind AI emphasizes exceptional technical teams, large incumbent markets, demonstrated efficiency gains and products that can become infrastructure for an industry rather than narrow point solutions.
Investment Manager
Maki.vc (Web3)
Check: Maki's sweet spot is first rounds below EUR 5 million; this describes the firm's target round, not Wilson's personal authority. He sources and evaluates opportunities within that day-zero mandate.
Wilson sources and evaluates Nordic first-round opportunities across Maki's sector-agnostic mandate, with a research-driven lens and responsibility for ESG development. His first publicly attributed 2026 investment highlights critical deep-tech infrastructure: technically defensible systems addressing a rapidly worsening physical-world problem, with government and commercial customers and a concrete path from development into operational proof.
Investment Manager
Norrsken Impact Fund
Check: Norrsken VC publicly states €1M–€10M early-stage and growth tickets. It is a firm-level range, not evidence of Beata's personal signing authority.
Beata sources impact-driven technology across the Nordics and France, with declared interests in climate, energy and women's health. Her public 2026 outlook extends that lens to differentiated data for AI, technology-enabled healthcare pathways and space-based infrastructure where physical constraints enable new efficiency, sensing or manufacturing models.
Associate
Northzone (Web3)
Check: No personal or current firm check-size range is published. Northzone describes itself as a seed-to-growth investor; individual round sizes should be confirmed directly rather than inferred from its USD 3.1B+ assets under management.
Andrea is a generalist technology investor covering early-stage through growth companies across the Nordics and beyond. Her stated founder lens emphasizes contagious energy, relentless drive, and a bold vision, while her prior diligence and performance-improvement work points to interest in businesses where ambition can be tested against commercial evidence and an executable scaling plan.