# Investors in the Nordics (2026 list) > 838 investors in the Nordics, 87% active in the last 12 months. Led by Y Combinator, Techstars, Sequoia Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/investors-in-nordics (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Investors in the Nordics Updated 7 November 2026 Firms observed in a round raised by a company in the Nordics in the last two years, wherever the firm itself is based. Who writes cheques into the region, not who has an office there. [See all 838 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-nordics)The top 25 **838** investors on the list *+20* this week **12,851** cheques in 12 months *-8%* against the market **$10M** median round they joined *+26%* against the market median **87%** wrote a cheque in 12 months **47%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (25) - 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen - 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen - 3 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen - 4 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen - 5 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen - 6 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen - 7 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen - 8 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen - 9 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen - 10 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen - 11 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) *Deploying now* VC firm · United States **1,341** **$35M** median round **Nov 2026** last seen - 12 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen - 13 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) *Deploying now* VC firm · United States **1,128** **$26M** median round **Nov 2026** last seen - 14 [Founders Fund](https://millionrounds.com/fund/founders-fund) *Deploying now* VC firm · United States **1,122** **$15M** median round **Oct 2026** last seen - 15 [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) *Deploying now* VC firm · United States **1,038** **$30M** median round **Nov 2026** last seen - 16 [Index Ventures](https://millionrounds.com/fund/index-ventures) *Deploying now* VC firm · United Kingdom **1,027** **$31M** median round **Nov 2026** last seen - 17 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen - 18 [Google Ventures](https://millionrounds.com/fund/gv) *Deploying now* Corporate VC · United States **884** **$38M** median round **Oct 2026** last seen - 19 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen - 20 [FJ Labs](https://millionrounds.com/fund/fj-labs) *Deploying now* VC firm · United States **849** **$11M** median round **Oct 2026** last seen - 21 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen - 22 [BoxGroup](https://millionrounds.com/fund/boxgroup) *Deploying now* VC firm · United States **773** **$18M** median round **Nov 2026** last seen - 23 [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) *Deploying now* VC firm · United States **773** **$47M** median round **Nov 2026** last seen - 24 [Insight Partners](https://millionrounds.com/fund/insight-venture-partners) *Deploying now* VC firm · United States **765** **$40M** median round **Oct 2026** last seen - 25 [Redpoint](https://millionrounds.com/fund/redpoint) *Deploying now* VC firm · United States **742** **$32M** median round **Nov 2026** last seen **813 more on this list** All 838 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Finvestors-in-nordics) ## The Newest Cheques Rounds this list's investors joined most recently - **7** Nov **[Arka Fincap](https://millionrounds.com/company/arka-fincap)** Other *Led by* [TPG](https://millionrounds.com/fund/tpg) - **6** Nov **[MucoLife Therapeutics](https://millionrounds.com/company/mucolife-therapeutics)** Grant · $102K *Led by* [Vinnova](https://millionrounds.com/fund/vinnova) - **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) - **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital) - **6** Nov **[Ocient](https://millionrounds.com/company/ocient)** Series C · $100M *With* [In-Q-Tel](https://millionrounds.com/fund/iqt) - **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel) ## Stages This Year 6,957 rounds - Venture **20%** - Seed **19%** - Series A **16%** - Pre-seed **9%** - Series B **7%** - Other **28%** ## What They Backed Sectors, last 12 months - AI **2,599** - Biotech **569** - Healthcare **427** - Fintech **384** - Big Data & Analytics **351** - Energy **314** ## Cheques by Quarter Led Joined 3,574 Q1 25 3,564 Q2 25 3,860 Q3 25 4,088 Q4 25 3,990 Q1 26 3,499 Q2 26 2,963 Q3 26 880 Q4 26 The last bar is the quarter still running. ## Lists Like This - [Investors in North America 6,229](https://millionrounds.com/lists/investors-in-north-america) - [Investors in Europe 4,268](https://millionrounds.com/lists/investors-in-europe) - [Investors in Asia 2,118](https://millionrounds.com/lists/investors-in-asia) - [Investors in Latin America 1,072](https://millionrounds.com/lists/investors-in-latam) - [Investors in Oceania 962](https://millionrounds.com/lists/investors-in-oceania) - [Investors in Africa 769](https://millionrounds.com/lists/investors-in-africa) - [Investors in Benelux 744](https://millionrounds.com/lists/investors-in-benelux) - [Investors in Southeast Asia 516](https://millionrounds.com/lists/investors-in-southeast-asia) - [Investors in the Middle East 488](https://millionrounds.com/lists/investors-in-middle-east) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about investors in the Nordics ### Who are the most active investors in the Nordics? By cheques observed, the most active are Y Combinator, Techstars, Sequoia Capital, Andreessen Horowitz and New Enterprise Associates. ### How many investors in the Nordics are there? 838 are on record. 87% made an investment in the last 12 months and 47% have led a round. ### Which stages do investors in the Nordics back? Of the rounds with a named stage in the last 12 months, mostly Seed (27%) and Series A (22%). ### How big are the rounds investors in the Nordics join? The typical (median) round among the leading investors here is $26M. ### Which sectors do investors in the Nordics back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which investors in the Nordics lead the most rounds? Andreessen Horowitz (114 led), Accel (103 led) and General Catalyst (97 led). ### Where are investors in the Nordics based? Most of the leading investors here are based in the United States (22 of the top 25); the rest in France and the United Kingdom. ### What have investors in the Nordics invested in recently? Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), MucoLife Therapeutics (Grant, Nov 2026, with Vinnova) and Vensum Power (Series A, Nov 2026, with Lifeline Ventures). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)