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Nordic Eye Venture Capital

Europe, Hovedstaden, Denmark, Copenhagen

Description

Nordic Eye Venture Capital is a Copenhagen-based venture capital firm with additional offices in Zurich, London, and San Francisco, positioning itself as a transatlantic investor with a strong Nordic foundation. The firm primarily targets growth-stage companies that demonstrate significant global potential, focusing on sectors such as technology, SaaS, FinTech, digital media, e-commerce, gaming, and health tech. While maintaining a core focus on the Nordic region, Nordic Eye also actively seeks opportunities in the United States and the United Kingdom, leveraging its international presence to support portfolio companies in their global expansion efforts.

The firm is known for its hands-on approach, emphasizing active ownership and providing strategic guidance beyond just capital injection. Nordic Eye typically invests in companies that have already achieved product-market fit and are looking to scale rapidly. Their investment philosophy is centered on identifying innovative businesses with strong management teams and disruptive technologies that can capture significant market share.

Nordic Eye manages multiple funds, including Nordic Eye Fund I, which successfully raised DKK 300 million (approximately $45 million USD), and Nordic Eye Fund II, which aimed for DKK 500 million (approximately $75 million USD). These funds enable the firm to deploy substantial capital into promising ventures. Typical first cheque sizes from Nordic Eye Venture Capital range from DKK 5 million to DKK 25 million, translating to approximately $750,000 to $3,750,000 USD, depending on the specific stage and needs of the company. This range allows them to support a diverse set of growth-stage businesses, from late seed to Series A rounds, providing crucial funding for scaling operations, market entry, and product development.

Investor Profile

Nordic Eye Venture Capital has backed more than 33 startups, with 0 new investments in the last 12 months alone. The firm has led 13 rounds, about 39% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Seed rounds (top funding stages).
  • Majority of deals are located in United States, Denmark, Singapore.
  • Strong thematic focus on E-Commerce, Software, SaaS.
  • Typical check size: $750K – $3.8M.

Stage Focus

  • Series A (36%)
  • Series Unknown (27%)
  • Seed (21%)
  • Series B (6%)
  • Pre Seed (6%)
  • Convertible Note (3%)

Country Focus

  • United States (39%)
  • Denmark (36%)
  • Singapore (6%)
  • United Kingdom (3%)
  • El Salvador (3%)
  • France (3%)
  • Guatemala (3%)
  • Finland (3%)
  • Hong Kong (3%)

Industry Focus

  • E-commerce
  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • Travel
  • Industrial Automation
  • Information Technology
  • Transportation
  • Mobile
  • Consumer Goods
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Nordic Eye Venture Capital frequently co-invest with?

Vaekstfonden
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 3
HOWZAT Partners
Europe, Luxembourg, Luxembourg, Luxembourg
Co-Investments: 2
IDC Ventures
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Seed Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 2
100Unicorns
Asia, Maharashtra, India, Mumbai
Co-Investments: 2
PSV
Europe, Hovedstaden, Denmark, Lyngby
Co-Investments: 2
Alumni Ventures
North America, New Hampshire, United States, Manchester
Co-Investments: 2
Cervin Ventures
North America, California, United States, Palo Alto
Co-Investments: 2

Which angels does Nordic Eye Venture Capital often collaborate with?

JR
Europe, England, United Kingdom, London
Shared Deals: 1
CS
North America, South Carolina, United States, Denmark
Shared Deals: 1
Shared Deals: 1
ND
North America, California, United States, San Francisco
Shared Deals: 1
BI
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
NC
North America, New York, United States, New York
Shared Deals: 1
PK
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
VK
Asia, Rajasthan, India, Jaipur
Shared Deals: 1
Derek Andersen
North America, California, United States, Palo Alto
Shared Deals: 1

What are some of recent deals done by Nordic Eye Venture Capital?

Govly

Denver, Colorado, United States

Govly is building a market network for government contracting, like AngelList for government procurement.

GovTechMarket ResearchSaaSSales Automation
Series ANov 2, 2023
Amount Raised: $9,500,000
Freightify

Singapore, Central Region, Singapore

Freightify is a digital freight forwarder that automates rate procurement, rate administration, and quote operations.

Freight ServiceIndustrial AutomationInformation TechnologyService IndustrySoftware
Series AFeb 2, 2023
Amount Raised: $11,981,063
Provenance

London, England, United Kingdom

The leading sustainability communications and data platform for e-commerce. Powering sustainability claims you can trust.

Artificial Intelligence (AI)BlockchainBrand MarketingConsumer GoodsE-Commerce PlatformsRetail TechnologySaaSSustainability
Series UnknownMar 7, 2022
Amount Raised: $5,376,541
57hours

New York, New York, United States

57hours is your liaison to your next adventure! Book trips throughout the US and in select international destinations at your convenience.

E-CommerceInternetLeisureRetailTravel
SeedFeb 28, 2022
Amount Raised: $2,750,000
Underlining

Glendale, California, United States

Underlining is a beauty and cosmetics company offering beauty and wellness products.

BeautyCosmetics
SeedFeb 3, 2022
Amount Raised: $6,000,000
Zight (formerly CloudApp)

San Francisco, California, United States

Zight is a visual work communication tool for organizations to easily create, upload, and manage visual content.

Cloud Data ServicesEnterprise SoftwareFile SharingProductivity Tools
Series AJan 25, 2022
Amount Raised: $9,300,000
Alpha Paw

Las Vegas, Nevada, United States

Alpha Paw is helping its fellow pet lovers provide their cats and dogs with a better, longer, healthier life.

Consumer GoodsPetRetail
Series AOct 8, 2021
Amount Raised: $8,000,000
Govly

Denver, Colorado, United States

Govly is building a market network for government contracting, like AngelList for government procurement.

GovTechMarket ResearchSaaSSales Automation
SeedAug 20, 2021
Amount Raised: $3,600,000
Freightify

Singapore, Central Region, Singapore

Freightify is a digital freight forwarder that automates rate procurement, rate administration, and quote operations.

Freight ServiceIndustrial AutomationInformation TechnologyService IndustrySoftware
SeedJul 27, 2021
Amount Raised: $2,500,000
Cabana

Seattle, Washington, United States

Cabana is a travel startup that turns vans into bookable mobile hotels.

HospitalityTransportationTravel
Series AJun 22, 2021
Amount Raised: $10,000,000