Specialist VC

Specialist VC invests into companies based in, or founders from the Baltics, Finland and Ukraine. They focus on B2B software companies, marketplaces, and software-enabled hardware companies. They have also invested in some B2C and hardware companies through their previous fund, United Angels VC.

The fund’s partners have built companies like Civitta and Fortumo, followed by a decade of angel investing. Their network also includes many advisors, including a scientific advisor in biotech.

For SaaS companies they seek initial traction, e.g. €10k MRR. For deep tech companies this is not as much of a requirement.

They often co-invest, occasionally also lead. They haven’t done any solo investments so far.

They have supported some portfolio companies through participating in their boards, but this has not been a requirement to invest.

They also do secondary investments, where early employees and investors sell some of their shares and receive the money to themselves, as opposed to the company issuing new shares.

Swiss Post Ventures

Swiss Post Ventures is the fund of Swiss Post, who operate a multi-billion euro business in fleet management, public transportation (buses), postal offices, communication services etc., mostly in Switzerland. Swiss Post has 60k employees, Swiss Post Ventures has three people.

They’re looking for startups especially in mobility, logistics, cyber security, communication platforms, and digital health.

The startups they invest into should have some link into Swiss Post’s value chain and ecosystem.

They are often a follow investor, and prefer to invest less than 50% of the round. They have occasionally been a lead investor for a startup whose market they understand exceptionally well.

Runa Capital

Runa Capital is a US-European software fund focused on helping European companies enter the US market and vice versa. They focus on deep tech, B2B SaaS, and regulated industries, like fintech, education and digital health.

The founders of Runa Capital are serial tech entrepreneurs. Before their work as investors, the founders of Runa Capital built companies like Acronis, that raised their last round of $250M at a $3.5B valuation, as well as Parallels and Acumatica, also very successful software companies.

They mostly invest B2B and B2B2C. They rarely do invest in exceptional B2C companies as well.

Invests as solo, lead or follow. More likely to be a follow investor at earlier stages, and lead in the later stages. They typically join the company boards in later stage investments.

Superangel

Superangel is a Nordic-Baltic fund investing in tech startups that are changing the world. They are able to invest around the globe, but focus on their home region.

All the partners are founders, making this a founders-to-founders fund. Their backgrounds are in building and growing tech startups.

They have a long-term support program to help startups get to the next level. It includes expert coaches, team culture development to be ready for scaling, basecamps, helping set up company management structure (which aspects to focus on and follow monthly) and so on.

Hanover 16

Hanover 16 is a UK-based family office investing European, US and Israeli companies. They focus especially on health tech, including digital health and pharmaceuticals, agro and food tech, including biotechnologies, next gen farms, and livestock, but are open to other businesses as well. They occasionally review especially interesting hardware cases, but are generally more focused on software, marketplaces and pharma.

They prefer companies with a commercial traction, ideally over 500ke annual revenue. They are typically a co-investor (not lead). They analyze startups in multiple different stages, with a preference for later stages all the way up to pre-IPO rounds.

For deal flow and cooperation please contact: invest@hanover16.com

Athensmed

Athensmed is the angel investment company of Kustaa Piha. He’s a veteran of medical technology and digital health, having grown Med Group from 0 to 100Me turnover before exiting it. Since 2016 he has done multiple investments and exits in the health space. He often helps his companies through a board seat, but has occasionally served as a medical director as well.

Fund Fellow Founders (FFF.vc)

Fund Fellow Founders is an angel network investing together in interesting deals. Angels in their network have been responsible for business development, sales, technology, legal and other parts of turning tech startups into unicorns. They do investments starting from small rounds up to very large rounds with their VC network.

They are especially interested in health tech, food tech and green tech / cleantech, as well as deep tech. They are interested in other fields as well. They strongly prefer companies that have a clear and reasonably short path to profitability. They prefer companies whose main tech value is in the software side.

Geographically they have no limitations, but seek Nordic-Baltic deals most actively.

 

 

Highrise Ventures

Highrise Ventures focuses on European startups in proptech, smart buildings and adjacent fields. The team was experience both as investors and founders in ecommerce, IoT, real estate, proptech and construction tech startups. Urban tech, greentech, sustainability, urban mobility and energy sources and energy infrastructure are also interesting for them.

They invest mostly in B2B and B2B2C tech companies, especially deep tech. They’re generally not that interested proptech transaction or asset valuation companies. They are very welcoming for diverse teams as well as first-time founders.

They’re also interested in company building and company replication opportunities, and they have a team that is able to support these endeavours. Around a quarter of their portfolio fits these models.

They’re often either the only investor or a co-investor of a round, with leading a round being rare for them.

OTB Ventures

OTB Ventures invest into software and software-enabled hardware startups, where the main value is in the software side. They focus on deep tech or other tech-enabled unique sources of competitive advantage. They’re interested in B2B and B2B2C, with possible exceptions of B2G who know how to sell their product well, and fintech/insurtech B2C.

They invest into companies that have a strong connection to EU – either based in EU in whole or part, or originally from EU, for example. Stage-wise they’re most interested in the scaling phase, with occasional exceptions for especially strong cases with a mature product that is approaching the scaling stage. Most of their investments had approx. 1M ARR at the time of initial investment.

They often lead or co-lead rounds.

 

Startup Norway

Startup Norway is a private organization, offering multiple acceleration programs for Nordic startups and investment opportunities for angel investors. In addition to pitching events, they offer a training program for angel investors. Their startup programs include generalistic fundraising for early-stage startups, as well as ones focused on fields like travel, fashion, sustainability.

They prefer startups have at least a working prototype. They also have some programs for Norwegian startups where an idea can also suffice.