# Martech investors in the Nordics (2026 list) > 29 martech investors in the Nordics, 69% active in the last 12 months. Led by Antler, Seedcamp, Seed Capital. Ranked by what they funded. Source: https://millionrounds.com/lists/martech-investors-in-nordics (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # Martech investors in the Nordics Updated 7 November 2026 Firms observed backing a martech company in the Nordics in the last two years, wherever the firm is based. [See all 29 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fmartech-investors-in-nordics)The top 25 **29** investors on the list No change this week **446** cheques in 12 months *-15%* against the market **$5.7M** median round they joined *-29%* against the market median **69%** wrote a cheque in 12 months **52%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (20) - 1 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen - 2 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen - 3 [Seed Capital](https://millionrounds.com/fund/seed-capital) *Deploying now* VC firm · Denmark **347** **$4M** median round **Sept 2026** last seen - 4 [Angel Invest](https://millionrounds.com/fund/angel-invest) *Deploying now* VC firm · Germany **282** **$1.5M** median round **Nov 2026** last seen - 5 [Reach](https://millionrounds.com/fund/reach) *Deploying now* VC firm · Canada **217** **$5M** median round **Sept 2026** last seen - 6 [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) *Deploying now* VC firm · Finland **141** **$5.7M** median round **Nov 2026** last seen - 7 [Firstminute Capital](https://millionrounds.com/fund/firstminute-capital) *Deploying now* VC firm · United Kingdom **123** **$6.4M** median round **Oct 2026** last seen - 8 [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 - 9 [PSV](https://millionrounds.com/fund/psv) *Deploying now* Venture studio · Denmark **84** **$2.5M** median round **Oct 2026** last seen - 10 [ByFounders](https://millionrounds.com/fund/byfounders) *Deploying now* VC firm · Denmark **71** **$3.6M** median round **Sept 2026** last seen - 11 [Innovestor](https://millionrounds.com/fund/innovestor) *Deploying now* Angel network · Finland **58** **$2.5M** median round **Oct 2026** last seen - 12 [Superhero Capital](https://millionrounds.com/fund/superhero-capital) *Deploying now* VC firm · Finland **54** **$1.4M** median round **Oct 2026** last seen - 13 [PeakSpan Capital](https://millionrounds.com/fund/peakspan-capital) *Deploying now* VC firm · United States **52** **$25M** median round **Oct 2026** last seen - 14 [Volta Ventures](https://millionrounds.com/fund/volta-ventures) *Deploying now* VC firm · Belgium **41** **$3M** median round **Jul 2026** last seen - 15 [Gorilla Capital](https://millionrounds.com/fund/gorilla-capital) *Deploying now* VC firm · Finland **40** **$1.1M** median round **Nov 2026** last seen - 16 [Compound](https://millionrounds.com/fund/compound-5) *Deploying now* VC firm · United Kingdom **6** **$11M** median round **Nov 2026** last seen - 17 [Crowberry Capital](https://millionrounds.com/fund/crowberry-capital) *Deploying now* VC firm · Iceland **6** **$7.6M** median round **Nov 2026** last seen - 18 [Smedvig Ventures](https://millionrounds.com/fund/smedvig-ventures) *Deploying now* VC firm · United Kingdom **4** **$9.8M** median round **Sept 2026** last seen - 19 [InReach Ventures](https://millionrounds.com/fund/inreach-ventures) quiet VC firm · United Kingdom **3** **$11M** median round **Oct 2025** last seen - 20 [People Ventures](https://millionrounds.com/fund/people-ventures-3) *Deploying now* VC firm · Denmark **3** **$14M** median round **Oct 2026** last seen - 21 [Wave Ventures](https://millionrounds.com/fund/wave-ventures) *Deploying now* VC firm · Finland **2** **$3.4M** median round **Sept 2026** last seen - 22 [Johan Brand](https://millionrounds.com/fund/johan-brand) quiet Angel **2** **$5.5M** median round **Nov 2025** last seen - 23 [MP Pensjon](https://millionrounds.com/fund/mp-pensjon) quiet VC firm · Norway **2** **$7.9M** median round **Jun 2025** last seen - 24 [Altitude Capital](https://millionrounds.com/fund/altitude-capital) quiet VC firm · Canada **1** **$8.7M** median round **Mar 2025** last seen - 25 [Kvantia](https://millionrounds.com/fund/kvantia) quiet VC firm · Norway **1** **$8.7M** median round **Mar 2025** last seen **4 more on this list** All 29 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%2Fmartech-investors-in-nordics) ## The Newest Cheques Rounds this list's investors joined most recently - **6** Nov **[Vensum Power](https://millionrounds.com/company/vensum-power)** Series A · $10M *Led by* [Lifeline Ventures](https://millionrounds.com/fund/lifeline-ventures) - **5** Nov **[Saidot](https://millionrounds.com/company/saidot)** Round *With* [Crowberry Capital](https://millionrounds.com/fund/crowberry-capital) - **5** Nov **[Granit](https://millionrounds.com/company/granit)** Seed · $6M *Led by* [Seedcamp](https://millionrounds.com/fund/seedcamp) - **4** Nov **[Juritas](https://millionrounds.com/company/juritas)** Pre-seed · $1.6M *With* [Angel Invest](https://millionrounds.com/fund/angel-invest) - **3** Nov **[SYNCERE](https://millionrounds.com/company/syncere)** Pre-seed · $11M *With* [Compound](https://millionrounds.com/fund/compound-5) - **2** Nov **[Dispatch Network](https://millionrounds.com/company/dispatch-network)** Pre-seed · $527K *Led by* [Antler](https://millionrounds.com/fund/antler) ## Stages This Year 426 rounds - Seed **33%** - Pre-seed **28%** - Series A **13%** - Venture **11%** - Series B **4%** - Other **12%** ## What They Backed Sectors, last 12 months - AI **177** - Healthcare **23** - Fintech **23** - Big Data & Analytics **23** - IT Services **22** - Software **20** ## Cheques by Quarter Led Joined 142 Q1 25 131 Q2 25 138 Q3 25 150 Q4 25 148 Q1 26 110 Q2 26 91 Q3 26 41 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) ## Quick answers about martech investors in the Nordics ### Who are the most active martech investors in the Nordics? By cheques observed, the most active are Antler, Seedcamp, Seed Capital, Angel Invest and Reach. ### How many martech investors in the Nordics are there? 29 are on record. 69% made an investment in the last 12 months and 52% have led a round. ### Which stages do martech investors in the Nordics back? Of the rounds with a named stage in the last 12 months, mostly Seed (39%) and Pre-seed (33%). ### How big are the rounds martech investors in the Nordics join? The typical (median) round among the leading investors here is $5M. ### Which sectors do martech investors in the Nordics back most? In the last 12 months, mostly AI, Healthcare and Fintech. ### Which martech investors in the Nordics lead the most rounds? PeakSpan Capital (11 led), Antler (7 led) and ByFounders (7 led). ### Where are martech investors in the Nordics based? Among the most active, most are based in the United Kingdom (6), Finland (5) and Denmark (4). ### What have martech 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 Granit (Seed, Nov 2026, with Seedcamp). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)