Investor Lists

Cloud investors in the Nordics

Updated 7 November 2026

Firms observed backing a cloud company in the Nordics in the last two years, wherever the firm is based.

See all 37 →The top 25
37investors on the listNo change this week
630cheques in 12 months-3% against the market
$17Mmedian round they joined+118% against the market median
78%wrote a cheque in 12 months
62%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (21)

  1. 1Andreessen HorowitzDeploying nowVC firm · United States1,661$27Mmedian roundNov 2026last seen
  2. 2Pioneer FundDeploying nowPrivate equity · United States551$2.9Mmedian roundNov 2026last seen
  3. 3Notion CapitalDeploying nowVC firm · United Kingdom202$9.2Mmedian roundOct 2026last seen
  4. 4EQT VenturesDeploying nowVC firm · Sweden152$20Mmedian roundOct 2026last seen
  5. 5OmnesDeploying nowVC firm · France145$15Mmedian roundNov 2026last seen
  6. 6Deutsche BankDeploying nowCorporate VC · Germany144$175Mmedian roundNov 2026last seen
  7. 7Lifeline VenturesDeploying nowVC firm · Finland141$5.7Mmedian roundNov 2026last seen
  8. 8Emergence CapitalDeploying nowVC firm · Senegal101$30Mmedian roundOct 2026last seen
  9. 9ByFoundersDeploying nowVC firm · Denmark71$3.6Mmedian roundSept 2026last seen
  10. 10Norrsken VCDeploying nowAccelerator · Sweden66$17Mmedian roundAug 2026last seen
  11. 11Giant VenturesDeploying nowVC firm · United Kingdom52$13Mmedian roundOct 2026last seen
  12. 12J12 VenturesDeploying nowVC firm · Sweden33$3Mmedian roundSept 2026last seen
  13. 13TesiDeploying nowGovernment · Finland29$17Mmedian roundSept 2026last seen
  14. 14Blisce/quietVC firm · France21$55Mmedian roundMar 2025last seen
  15. 15maki.vcDeploying nowVC firm · Finland11$6.3Mmedian roundOct 2026last seen
  16. 16MUFG Innovation PartnersDeploying nowCorporate VC · Japan8$127Mmedian roundSept 2026last seen
  17. 17Varma Mutual Pension Insurance CompanyDeploying nowInstitutional LP · Finland7$64Mmedian roundSept 2026last seen
  18. 18Crowberry CapitalDeploying nowVC firm · Iceland6$7.6Mmedian roundNov 2026last seen
  19. 196 Degrees CapitalDeploying nowVC firm · United Kingdom5$8Mmedian roundSept 2026last seen
  20. 20NordeaquietVC firm · Sweden5$18Mmedian roundSept 2025last seen
  21. 21Danske BankquietVC firm · Denmark3$35Mmedian roundSept 2025last seen
  22. 22Eviny VenturesDeploying nowCorporate VC · Norway3$10Mmedian roundNov 2026last seen
  23. 23QAI VenturesDeploying nowVC firm · Switzerland3$2.6Mmedian roundOct 2026last seen
  24. 24SupermicroDeploying nowGrowth equity · United States3$140Mmedian roundSept 2026last seen
  25. 25Armada Fund VIquietInvestment firm3-median roundOct 2025last seen
12 more on this list

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Quick answers about cloud investors in the Nordics

Who are the most active cloud investors in the Nordics?

By cheques observed, the most active are Andreessen Horowitz, Pioneer Fund, Notion Capital, EQT Ventures and Omnes.

How many cloud investors in the Nordics are there?

37 are on record. 78% made an investment in the last 12 months and 62% have led a round.

Which stages do cloud investors in the Nordics back?

Of the rounds with a named stage in the last 12 months, mostly Series A (24%) and Seed (23%).

How big are the rounds cloud investors in the Nordics join?

The typical (median) round among the leading investors here is $17M.

Which sectors do cloud investors in the Nordics back most?

In the last 12 months, mostly AI, Big Data & Analytics and Fintech.

Which cloud investors in the Nordics lead the most rounds?

Andreessen Horowitz (114 led), EQT Ventures (20 led) and Emergence Capital (11 led).

Where are cloud investors in the Nordics based?

Among the most active, most are based in Sweden (4), Finland (4) and the United States (3).

What have cloud investors in the Nordics invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Saidot (Nov 2026, with Crowberry Capital) and Nyquis (Seed, Nov 2026, with Pioneer Fund).

Built from the rounds we watched, refreshed every night. How we count · Report a correction