
Nordic Foodtech VC
Description
Nordic Foodtech VC is a Helsinki-based venture capital firm dedicated to fostering innovation within the deep foodtech sector across the Nordic and Baltic regions. The firm's core mission revolves around backing ambitious founders who are developing solutions to build a more sustainable and healthy global food system. Their investment thesis is centered on leveraging scientific and technological advancements to address critical challenges in food production, distribution, and consumption, aiming to transform the entire food value chain.
The firm primarily targets pre-seed and seed-stage startups, indicating a preference for early-stage companies with high growth potential. Nordic Foodtech VC typically provides an initial investment ticket size ranging from €200,000 to €800,000. This strategic early-stage focus allows them to engage with companies at a foundational level, providing not just capital but also strategic guidance. Furthermore, the firm has the capacity to support its portfolio companies through subsequent funding rounds, with the ability to follow on with up to €2 million in later stages, demonstrating a commitment to long-term partnership.
With a fund size of €42 million, Nordic Foodtech VC is well-positioned to make significant contributions to the burgeoning deep foodtech ecosystem. Their investment scope is broad yet focused, encompassing areas such as cellular agriculture, alternative proteins, precision fermentation, sustainable agriculture practices, food waste reduction technologies, and personalized nutrition solutions. They seek out deep tech innovations that promise to transform the food system from "soil to gut," emphasizing solutions that are both scalable and impactful. The firm's regional focus on the Nordics and Baltics leverages the strong scientific and entrepreneurial talent pool present in these areas, aiming to cultivate a new generation of food system innovators.
Investor Profile
Nordic Foodtech VC has backed more than 27 startups, with 4 new investments in the last 12 months alone. The firm has led 15 rounds, about 56% of its total and boasts 0 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
- Majority of deals are located in Finland, Denmark, Sweden.
- Strong thematic focus on Biotechnology, Food and Beverage, Life Science.
- Led 3 rounds in the past year.
- Typical check size: $216K – $864K.
Stage Focus
- Seed (52%)
- Series A (19%)
- Pre Seed (15%)
- Series Unknown (11%)
- Series B (4%)
Country Focus
- Finland (56%)
- Denmark (22%)
- Sweden (11%)
- Estonia (11%)
Industry Focus
- Biotechnology
- Food And Beverage
- Life Science
- Chemical
- Chemical Engineering
- Analytics
- Artificial Intelligence (Ai)
- Satellite Communication
- Food Processing
- Animal Feed
Frequently Asked Questions
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