# Logistics investors in the Nordics (2026 list)

> 38 logistics investors in the Nordics, 97% active in the last 12 months. Led by Plug and Play, EIC Accelerator, Antler. Ranked by what they funded.

Source: https://millionrounds.com/lists/logistics-investors-in-nordics (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Logistics investors in the Nordics

Updated 7 November 2026

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

[See all 38 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Flogistics-investors-in-nordics)The top 25

**38** investors on the list No change this week

**870** cheques in 12 months *-20%* against the market

**$9.5M** median round they joined *+18%* against the market median

**97%** wrote a cheque in 12 months

**58%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 2 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 3 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 4 [Temasek Holdings](https://millionrounds.com/fund/temasek) *Deploying now* VC firm · Singapore **384** **$100M** median round **Oct 2026** last seen
- 5 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen
- 6 [International Finance Corporation](https://millionrounds.com/fund/international-finance-corporation-ifc) *Deploying now* Government · United States **283** **$39M** median round **Oct 2026** last seen
- 7 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen
- 8 [Tribe Capital](https://millionrounds.com/fund/tribe-capital) *Deploying now* VC firm · United States **210** **$12M** median round **Oct 2026** last seen
- 9 [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) *Deploying now* VC firm · Sweden **152** **$20M** median round **Oct 2026** last seen
- 10 [Industrifonden](https://millionrounds.com/fund/industrifonden) *Deploying now* VC firm · Sweden **140** **$5.8M** median round **Oct 2026** last seen
- 11 [Borderless Capital](https://millionrounds.com/fund/borderless-capital) *Deploying now* Accelerator · United States **120** **$4.5M** median round **Oct 2026** last seen
- 12 [Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) *Deploying now* VC firm **94** **$3.2M** median round **Sept 2026** last seen
- 13 [PSV](https://millionrounds.com/fund/psv) *Deploying now* Venture studio · Denmark **84** **$2.5M** median round **Oct 2026** last seen
- 14 [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) *Deploying now* Accelerator · Sweden **66** **$17M** median round **Aug 2026** last seen
- 15 [Innovestor](https://millionrounds.com/fund/innovestor) *Deploying now* Angel network · Finland **58** **$2.5M** median round **Oct 2026** last seen
- 16 [Voima Ventures](https://millionrounds.com/fund/voima-ventures) *Deploying now* VC firm · Finland **47** **$4M** median round **Oct 2026** last seen
- 17 [Innovation Norway](https://millionrounds.com/fund/innovation-norway) *Deploying now* Government · Norway **46** **$985K** median round **Jun 2026** last seen
- 18 [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital) *Deploying now* VC firm · Finland **40** **$1.1M** median round **Nov 2026** last seen
- 19 [LUMO Labs](https://millionrounds.com/fund/lumo-labs) *Deploying now* VC firm · Netherlands **34** **$1.6M** median round **Sept 2026** last seen
- 20 [Trind Ventures](https://millionrounds.com/fund/trind-ventures) *Deploying now* VC firm · Estonia **8** **$1.8M** median round **Jul 2026** last seen
- 21 [Gorilla Capital Fund III](https://millionrounds.com/fund/gorilla-capital-fund-iii) *Deploying now* Investment firm **8** **-** median round **Oct 2026** last seen
- 22 [node.vc](https://millionrounds.com/fund/node-vc) *Deploying now* VC firm · Sweden **2** **$7M** median round **Apr 2026** last seen
- 23 [ARGOng Investment AG](https://millionrounds.com/fund/argong-investment-ag) *Deploying now* Investment firm **1** **$29M** median round **Aug 2026** last seen
- 24 [Aboa Advest](https://millionrounds.com/fund/aboa-advest) *Deploying now* VC firm · Finland **1** **$29M** median round **Aug 2026** last seen
- 25 [Adamo Capital - Founders Family Office](https://millionrounds.com/fund/adamo-capital-founders-family-office) *Deploying now* Family office · United States **1** **$29M** median round **Aug 2026** last seen

**13 more on this list**

All 38 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%2Flogistics-investors-in-nordics)

## The Newest Cheques

Rounds this list's investors joined most recently

- **4** Nov **[Lazarus AI](https://millionrounds.com/company/lazarus-ai)** $43M *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **3** Nov **[Carryt](https://millionrounds.com/company/carryt)** Round *With* [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- **2** Nov **[Dispatch Network](https://millionrounds.com/company/dispatch-network)** Pre-seed · $527K *Led by* [Antler](https://millionrounds.com/fund/antler)
- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *Led by* [Almi Invest](https://millionrounds.com/fund/almi-invest)
- **29** Oct **[Predicate](https://millionrounds.com/company/predicate)** Series A · $8M *With* [Tribe Capital](https://millionrounds.com/fund/tribe-capital)
- **29** Oct **[Fronted](https://millionrounds.com/company/fronted)** Seed · $1.9M *With* [Antler](https://millionrounds.com/fund/antler)

## Stages This Year

804 rounds

- Seed **21%**
- Venture **21%**
- Series A **13%**
- Pre-seed **12%**
- Other **7%**
- Other **26%**

## What They Backed

Sectors, last 12 months

- AI **275**
- Biotech **71**
- Healthcare **60**
- Fintech **51**
- Energy **37**
- Big Data & Analytics **35**

## Cheques by Quarter

Led Joined

298 Q1 25

273 Q2 25

292 Q3 25

319 Q4 25

263 Q1 26

249 Q2 26

197 Q3 26

46 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america)
- [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe)
- [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america)
- [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america)
- [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia)
- [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america)
- [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america)
- [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america)
- [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in mobility and logistics

- Tesla Motors: How Elon Musk and Company Made Electric Cars Cool, and Sparked the Next Tech Revolution Charles Morris · 2014 4.28 from 202 ratings on Goodreads Mobility and logistics Company building About the book In twelve years of existence, Tesla Motors has achieved many amazing feats. The most trusted sources in the auto industry have called its Model S the most advanced, safest and best-performing car ever built - and it doesn’t use a drop of gasoline. Tesla has changed the way the… On AmazonListen on Audible
- Empires of the Sky: Zeppelins, Airplanes, and Two Men's Epic Duel to Rule the World Alexander Rose · 2020 4.34 from 637 ratings on Goodreads Mobility and logistics About the book At the dawn of the twentieth century, when human flight was still considered an impossibility, Germany's Count von Zeppelin vied with the Wright Brothers to build the world's first successful flying machine. As the Wrights labored to invent the airplane, Zeppelin fathered the… On AmazonListen on Audible
- Insane Mode: How Elon Musk's Tesla Sparked an Electric Revolution to End the Age of Oil Hamish McKenzie · 2018 3.70 from 784 ratings on Goodreads Mobility and logistics Company building About the book "You'll tell me if it ever starts getting genuinely insane, right?" --Elon Musk, TED interview Hamish McKenzie tells how a Silicon Valley start-up's wild dream came true. Tesla is a car company that stood up against not only the might of the government-backed Detroit car… On AmazonListen on Audible
- Wild Ride: Inside Uber's Quest for World Domination Adam Lashinsky · 2017 3.67 from 968 ratings on Goodreads Mobility and logistics Company building Moats and competition About the book In your pocket is something amazing: a quick and easy way to summon a total stranger who will take you anywhere you'd like. In your hands is something equally amazing: the untold story of Uber's meteoric rise, and the massive ambitions of its larger-than-life founder and… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&industry=mobility).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about logistics investors in the Nordics

### Who are the most active logistics investors in the Nordics?

By cheques observed, the most active are Plug and Play, EIC Accelerator, Antler, Temasek Holdings and Almi Invest.

### How many logistics investors in the Nordics are there?

38 are on record. 97% made an investment in the last 12 months and 58% have led a round.

### Which stages do logistics investors in the Nordics back?

Of the rounds with a named stage in the last 12 months, mostly Seed (30%) and Series A (18%).

### How big are the rounds logistics investors in the Nordics join?

The typical (median) round among the leading investors here is $5M.

### Which sectors do logistics investors in the Nordics back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which logistics investors in the Nordics lead the most rounds?

EQT Ventures (20 led), Temasek Holdings (19 led) and International Finance Corporation (12 led).

### Where are logistics investors in the Nordics based?

Among the most active, most are based in the United States (5), Sweden (5) and Finland (4).

### What have logistics investors in the Nordics invested in recently?

Recent rounds include Lazarus AI (Nov 2026, with Plug and Play), Carryt (Nov 2026, with Plug and Play) and Dispatch Network (Pre-seed, Nov 2026, with Antler).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)