We invest in great founders and great teams anywhere. But we do have a soft spot for founders with a connection to the Nordic and Baltic countries, whether by nationality or by being based here.
We invest in early-stage companies with software-driven business models. We invest in globally ambitious founding teams who are conscious about their impact on the world. Read more about our focus here.
Our sweet spot is Seed stage, but we invest as early as pre-seed, and we can enter as late as Series A.
The 8 Ts is the framework we use to evaluate companies. Just like you, we as investors need to consider what rocketships we should opt for a seat on. It’s not just about what company’s valuation will 10X the fastest.
The purpose of our 8 T framework is to structure and clarify our thinking about your company and the opportunity it represents. It is not a checklist where you need to tick off every box, however, we encourage you to consider how you can address each of the Ts. Read more here.
Yes. Our ticket size depends on whether we lead or follow, syndicate, or go at it as the sole investor. On average, our ticket size ranges between EUR 500K to 4m.
We believe superior financial returns will come from investing in companies contributing to a better Tomorrow. Either through their product or service or by how they run their business. Ideally both.
We are not an impact fund, but we have adopted an impact-aware approach throughout all of our actions as a fund and firm. This approach complements our existing core values and principles from when we first started the fund.
We've added an 8th T: Tomorrow, to our existing 7 T framework for evaluating companies. You can read more about that here.
Occasionally, when it makes sense. For example, if we see that our competencies and network are complemented by those of another investor or VC fund, we love to bring them along. You can read more about the investors with whom we have co-invested under each specific portfolio company here.
Our Fund I was EUR100m. Our current Fund II is EUR110m.
It depends on a few things, including the urgency from your side, but typically about 1-3 weeks at most.
We do not invest in companies focusing on tobacco and alcoholic beverages, weapons, gambling, pornography or the illegal distribution of intellectual property.
We don’t invest in areas and verticals of which we have little knowledge or experience, either as a team or by extension, our Collective. When evaluating whether to invest in a company, we must understand how we can help the company move forward. If we don’t see that we can provide value, we don’t invest. Simple as that.
The main difference between our two funds is that for Fund II, we have explicitly adopted an impact-aware approach, from how we screen companies, to how we work with our portfolio as well as how we run our own firm.