# Nordea: portfolio, investments and team

> Nordea is a vc firm based in Sweden. 5 investments on record, latest Sept 2025. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/nordea (Millionrounds; every figure on the page links to its filing or article)

Sweden · [Investor](https://millionrounds.com/investors)

# Nordea

Last cheque observed Sep 2025. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet VC firm

Series A Cyber Security Database

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 5 on record

Since the last cheque **419** days **00** hrs **00** min **00** sec

Median round **$18M** Rounds led **0 of 5** Sole investor **1 rounds** Mostly in **Sweden, 60%**

Pitch Nordea

## Nordea highlights

- 01 5 rounds on record
- 02 Mostly Series A: 100% of its rounds
- 03 Sole investor in 1 rounds, median $5.6M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Cyber Security Database
- **Based in:** Sweden
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2025** 1 round
- **Sept** **[DataCrunch](https://millionrounds.com/company/datacrunch)** Series A · FI · TechStartups **$64M** With 9 others
- **2022** 1 round
- **Oct** **[Canatu](https://millionrounds.com/company/canatu)** FI · Firms' own news pages **$18M** With 5 others
- **2019** 2 rounds
- **Jul** **[P.F.C.](https://millionrounds.com/company/p-f-c)** SE · TechCrunch **$5.6M** Sole investor
- **Feb** **[Tink](https://millionrounds.com/company/tink)** SE · TechCrunch **$64M** With 5 others
- **2017** 1 round
- **Oct** **[Tink](https://millionrounds.com/company/tink)** SE · Finovate **$17M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **28** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

Funds they back

## 2 fund commitments on record

- **Managers:** 2

Every fund on record that it has committed money to, and the managers who invest it. Source: fund news.

Managers it backs most

- [GEF Capital Partners 1 fund](https://millionrounds.com/fund/gef-capital-partners)
- [VIA Equity 1 fund](https://millionrounds.com/fund/via-equity)

Most recent commitments

- [GEF Capital Partners GEF US Climate Solutions Fund II](https://millionrounds.com/fund/gef-capital-partners)
- [VIA equity VIA equity Fund VI](https://millionrounds.com/fund/via-equity)

## The cheque

Series A

Median round joined **$18M** the round, not its cheque Alone, median **$5.6M**

Led 0 of 5 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Sept 2025

Rounds by stage said on their site

- Series A *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [SEB (Skandinaviska Enskilda Banken)](https://millionrounds.com/fund/seb-ventures) 2
- [Varma Mutual Pension Insurance Company](https://millionrounds.com/fund/varma) 2

**Pitching Nordea?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Nordea. A count of rooms they were both in, not a relationship either has claimed.

[**SEB (Skandinaviska Enskilda Banken)** Company **2** rounds together](https://millionrounds.com/fund/seb-ventures)[**Varma Mutual Pension Insurance Company** Institutional LP **2** rounds together](https://millionrounds.com/fund/varma)

## Recently backed

The latest companies Nordea put money into.

[**Canatu** $18M · Oct 2022](https://millionrounds.com/company/canatu)[**Tink** $64M · Feb 2019](https://millionrounds.com/company/tink)

## Quick answers about Nordea

### What does Nordea invest in?

Nordea invests most often at Series A (100% of the rounds on record), in sectors such as Cyber Security and Database.

### How active is Nordea?

5 investments on record, 0 of them in the last 12 months. The most recent was in Sept 2025.

### What has Nordea invested in recently?

Its most recent investments on record: DataCrunch (Series A, Sept 2025), Canatu (Oct 2022) and P.F.C. (Undisclosed round, Jul 2019).

### How big are Nordea's cheques?

The median round it joins is $18M.

### Does Nordea lead rounds?

Rarely, if at all: none of its 5 investments on record names it as the lead.

### Where does Nordea invest?

Most of the companies it backs are in Sweden (60%) and Finland (40%).

### Is Nordea investing now?

No investments in the last 12 months; the latest was in Sept 2025.

### Who does Nordea invest alongside?

Most often SEB (Skandinaviska Enskilda Banken) (2 rounds together) and Varma Mutual Pension Insurance Company (2 rounds together).

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