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North-East Venture

Europe, Hovedstaden, Denmark, Copenhagen

Description

North-East Venture is a Copenhagen-based early-stage venture capital firm that strategically invests in ambitious founders building the next generation of global technology companies. Operating as a multi-stage fund, North-East Venture primarily focuses on Seed and Series A rounds, often serving as the crucial first institutional investor for promising startups. Their investment philosophy centers on providing not just capital, but also strategic guidance and support to help portfolio companies scale internationally from their Nordic base.

The firm's latest fund, NEV II, boasts a substantial €75 million in committed capital, underscoring its capacity to support significant growth. North-East Venture is dedicated to identifying and nurturing innovative tech ventures with global ambitions, having already built a diverse portfolio of over 20 companies spanning across 7 different countries. This broad geographical reach and sector focus highlight their commitment to fostering a wide array of technological advancements.

North-East Venture's typical initial investment ranges from €500,000 to €3 million, demonstrating their flexibility in supporting companies at various points within the early growth curve. Beyond the initial cheque, the firm emphasizes its significant follow-on capacity, ensuring continued support as portfolio companies mature and require additional funding rounds. This long-term partnership approach, combined with their deep industry expertise, positions North-East Venture as a key player in the European early-stage tech investment landscape.

Investor Profile

North-East Venture has backed more than 22 startups, with 0 new investments in the last 12 months alone. The firm has led 4 rounds, about 18% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Pre Seed rounds (top funding stages).
  • Majority of deals are located in Denmark, United Kingdom, Germany.
  • Strong thematic focus on Software, 3D Technology, Computer.
  • Typical check size: $540K – $3.2M.

Stage Focus

  • Series Unknown (73%)
  • Seed (23%)
  • Pre Seed (5%)

Country Focus

  • Denmark (82%)
  • United Kingdom (14%)
  • Germany (5%)

Industry Focus

  • Software
  • 3d Technology
  • Computer
  • Content
  • Internet Of Things
  • Motion Capture
  • Simulation
  • Sports
  • Training
  • Wearables
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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 North-East Venture frequently co-invest with?

Vaekstfonden
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 7
Nordisk Film
Europe, Hovedstaden, Denmark, Valby
Co-Investments: 1
Innovestor
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 2
Aura Ventures
Oceania, New South Wales, Australia, Sydney
Co-Investments: 2
Export and Investment Fund
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 2
Nordic Makers
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 1
Heartland
Europe, Midtjylland, Denmark, Aarhus
Co-Investments: 1
VÅR Ventures
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 1
Kickass Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 2
Seed Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 2

Which angels does North-East Venture often collaborate with?

BB
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
Shared Deals: 1
TV
Europe, Syddanmark, Denmark, Odense
Shared Deals: 3

What are some of recent deals done by North-East Venture?

SynergyXR

Åbyhøj, Midtjylland, Denmark

SynergyXR provides enterprise-level Extended Reality (XR) software tailored for the industrial, energy, and manufacturing sectors.

Information TechnologyMetaverseSaaSSoftware
Series UnknownMar 6, 2024
Amount Raised: $2,193,079
Hyme Energy

Copenhagen, Hovedstaden, Denmark

Thermal energy storage

Energy StorageRenewable Energy
Series UnknownDec 1, 2023
Amount Raised: $8,714,065
Rokoko

Copenhagen, Hovedstaden, Denmark

Rokoko develops motion capture and 3D animation tools for all creators, regardless of budget and technical expertise

3D TechnologyComputerContentInternet of ThingsMotion CaptureSimulationSoftwareSportsTrainingWearables
Series UnknownAug 17, 2022
Amount Raised: $3,000,000
SynergyXR

Åbyhøj, Midtjylland, Denmark

SynergyXR provides enterprise-level Extended Reality (XR) software tailored for the industrial, energy, and manufacturing sectors.

Information TechnologyMetaverseSaaSSoftware
Series UnknownJun 4, 2022
Amount Raised: $3,000,000
Mater Design

Copenhagen, Hovedstaden, Denmark

Mater Design is a Copenhagen-based design brand emphasizing strong design philosophy.

FurnitureIndustrial DesignInterior Design
Series UnknownApr 28, 2021
Unity Studios

Aarhus, Midtjylland, Denmark

Unity Studios specializes in creating real-time, interactive 3D experiences for global customers.

Social MediaSoftware
SeedJun 17, 2020
Amount Raised: $2,262,165
Ibex Innovations

Sedgefield, Durham, United Kingdom

IBEX X-ray detector technology adds materials information to silicon based detectors.

ManufacturingMechanical EngineeringMedical Device
Series UnknownMay 20, 2020
Amount Raised: $500,000
NORD.investments A/S

Copenhagen, Hovedstaden, Denmark

NORD.investments A/S is a mobile and fully automated investment service for the average investor who suffers from high bank fees.

Consumer SoftwareFinancial ServicesFinTech
Series UnknownMay 1, 2020
Amount Raised: $1,471,887
Rokoko

Copenhagen, Hovedstaden, Denmark

Rokoko develops motion capture and 3D animation tools for all creators, regardless of budget and technical expertise

3D TechnologyComputerContentInternet of ThingsMotion CaptureSimulationSoftwareSportsTrainingWearables
Series UnknownSep 17, 2019
Amount Raised: $3,000,000
OPUMO

London, England, United Kingdom

Media company at the forefront of the global design industry

E-CommerceFashionLifestyleRetail
SeedMay 1, 2019
Amount Raised: $1,056,006