Node VC Closes €71M Fund to Boost Nordic Tech Startups

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Node VC, a Stockholm-based venture capital firm, has successfully secured €71 million ($77.3 million) for its latest fund, aimed at fostering the growth of early-stage tech startups in the Nordic region. This new fund is backed by a robust network of 70 prominent Nordic entrepreneurs, reflecting strong regional support for innovation. Node VC’s mission is to cultivate a founder-first approach, providing not just financial backing but also mentorship and strategic collaboration to help startups scale.

The firm aims to use this capital to fuel the expansion of high-potential tech companies, helping them compete on a global scale. With a focus on the thriving Nordic tech ecosystem, Node VC emphasizes long-term partnerships and nurturing sustainable growth. By leveraging their extensive network of seasoned entrepreneurs, Node VC is positioning itself as a key player in the Nordic startup scene, supporting founders in the fields of technology, software, and innovation. This fund is expected to significantly contribute to the Nordic region’s ongoing rise as a global tech hub, attracting more talent and investment into the area.

Sources:

  1. VentureBeat – Node VC raises $77.3M for new fund
  2. EU Startups – Stockholm-based Node VC closes €71 million fund
  3. The Next Web – Node VC closes €71M fund for early-stage Nordic startups