⦿ INSIGHTS

Houston — we have lift off!

byFounders' first launch
Houston — we have lift off!
WRITTEN BY
Eric Lagier
Managing Partner
WRITTEN BY

Powered by some of the most successful founders in the Nordics and Baltic, byFounders today officially launch our fund.

Raising a first time fund with a first time team is inherently difficult and in addition to a lot of blood, sweat and tears it normally takes between 18 and 24 months to do so. We are therefore excited that we have managed to raise our first close of the fund in record time. This allows us to start investing in the next generation of Nordic and Baltic founders with global ambitions.

The investors behind the fund includes Vækstfonden (“The Danish Growth Fund”), a string of Danish family offices, successful entrepreneurs and the fund’s management team.

Following this successful initial close of more than €30 million and we are on target to raise a total of €100 million during 2018.

We have already identified a group of very promising startups, who we plan to invest in and actively help become global successes, similar to Zendesk, Unity, Sitecore, Vivino and many other Nordic tech companies.

Based on the many interesting startups that have reached out since we announced the formation of the fund we know we have something unique to offer.

More than 30 accomplished founders and operators - from great companies like Skype, AirBnb, Zendesk, Endomondo, Tradeshift, Trustpilot, Unity, Vivino, Sitecore and Better Collective - have all invested personally in byFounders and are ready to help the next generation of founders.

We thus encourage the next generation of Nordic entrepreneurs to reach out and become part of a venture fund that has the backing by the founders of some of the Nordics biggest global tech successes. We are here for you!

We are for founders, byFounders!

More about the author(s)
Eric Lagier
Managing Partner

Eric is a straight-talking tech entrepreneur with more than 20 years of operational experience from some of the most successful startups in the Nordics. Following eight years in Silicon Valley, where he built an extensive network of investors and founders, Eric returned to Copenhagen to found byFounders and support the next generation of globally ambitious and future-conscious entrepreneurs. Today he leverages his vast network and years of experiences to help our Portfolio companies increase their reach and scale internationally.

More about the author(s)
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Our 2020 Investments

2020 was a year like no other. But moving behind the screens did not slow us down: we still welcomed seven new startups to our portfolio! From an AML software company working to ‘make money good’, to AI that makes negotiating more honest and responsible, without further ado, let’s meet our newcomers!
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April 10, 2019

Juuso Koskinen Joins byFounders

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April 3, 2019

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February 20, 2019

Jani Penttinen Joins byFounders as Entrepreneur in Residence

We're proud to announce that serial entrepreneur and founder of Transfluent, Jani Penttinen, joins byFounders as our first Entrepreneur in Residence (EIR) to support the next generation of Nordic and Baltic founders.
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December 5, 2017

Houston — we have lift off!

byFounders' first launch
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September 4, 2017

Introducing: For Founders byFounders

byFounders is a “for founders by founders” fund built on the foundation and backing of a strong Collective, comprising some of the most successful Nordic entrepreneurs investing in and supporting a new generation of globally ambitious Nordic and Baltic founders.

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