# Semiconductors investors in the Nordics (2026 list)

> 24 semiconductors investors in the Nordics, 96% active in the last 12 months. Led by EIC Accelerator, EISMEA, Global Brain Corporation.

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

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

# Semiconductors investors in the Nordics

Updated 7 November 2026

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

[See all 24 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fsemiconductors-investors-in-nordics)The top 24

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

**587** cheques in 12 months *-9%* against the market

**$7.3M** median round they joined *-9%* against the market median

**96%** wrote a cheque in 12 months

**63%** have led a round

## The Top 24

Ordered by cheques observed, never by anything anyone paid for

Deploying now (23)

- 1 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 2 [EISMEA](https://millionrounds.com/fund/eismea) *Deploying now* Investment firm **524** **$2.2M** median round **Sept 2026** last seen
- 3 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 4 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) *Deploying now* VC firm · United States **407** **$17M** median round **Nov 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 [M12](https://millionrounds.com/fund/m12) *Deploying now* Corporate VC · United States **300** **$30M** median round **Oct 2026** last seen
- 7 [Berkeley SkyDeck](https://millionrounds.com/fund/berkeley-skydeck) *Deploying now* Accelerator · United States **231** **$2M** median round **Oct 2026** last seen
- 8 [Atomico](https://millionrounds.com/fund/atomico) *Deploying now* VC firm · United Kingdom **215** **$30M** median round **Oct 2026** last seen
- 9 [Revolution](https://millionrounds.com/fund/revolution) *Deploying now* VC firm · United States **196** **$7M** median round **Aug 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 [PSV](https://millionrounds.com/fund/psv) *Deploying now* Venture studio · Denmark **84** **$2.5M** median round **Oct 2026** last seen
- 12 [Chalmers Ventures AB](https://millionrounds.com/fund/chalmers-ventures-ab) *Deploying now* VC firm **67** **$848K** median round **Sept 2026** last seen
- 13 [NATO DIANA](https://millionrounds.com/fund/nato-diana) *Deploying now* Investment firm **67** **$417K** median round **Jul 2026** last seen
- 14 [Norrsken Evolve](https://millionrounds.com/fund/norrsken-evolve) *Deploying now* VC firm · Sweden **40** **$1.9M** median round **Oct 2026** last seen
- 15 [First Momentum Ventures](https://millionrounds.com/fund/first-momentum-ventures) *Deploying now* VC firm · Germany **37** **$5.5M** median round **Oct 2026** last seen
- 16 [Linse Capital](https://millionrounds.com/fund/linse-capital) *Deploying now* VC firm · United States **9** **$100M** median round **Jun 2026** last seen
- 17 [forward.one](https://millionrounds.com/fund/forward-one) *Deploying now* VC firm · Netherlands **8** **$16M** median round **Sept 2026** last seen
- 18 [Navigare Ventures](https://millionrounds.com/fund/navigare-ventures) *Deploying now* VC firm · Sweden **7** **$9.8M** median round **Sept 2026** last seen
- 19 [Nordic Science Investments](https://millionrounds.com/fund/nordic-science-investments) *Deploying now* VC firm · Finland **5** **$7.9M** median round **Oct 2026** last seen
- 20 [Nysnø](https://millionrounds.com/fund/nysn-climate-investments) *Deploying now* VC firm · Norway **5** **$34M** median round **Jul 2026** last seen
- 21 [BSV Ventures](https://millionrounds.com/fund/bsv-ventures) quiet VC firm · Lithuania **3** **$2.8M** median round **Feb 2025** last seen
- 22 [Helsinki University Funds](https://millionrounds.com/fund/helsinki-university-funds) *Deploying now* VC firm **2** **$34M** median round **Sept 2026** last seen
- 23 [Spanish Society for Technological Transformation](https://millionrounds.com/fund/spanish-society-for-technological-transformation) *Deploying now* VC firm **2** **$20M** median round **Sept 2026** last seen
- 24 [STOAF](https://millionrounds.com/fund/stoaf) *Deploying now* VC firm · Sweden **1** **$16M** median round **Nov 2025** last seen

## The Newest Cheques

Rounds this list's investors joined most recently

- **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *Led by* [Almi Invest](https://millionrounds.com/fund/almi-invest)
- **2** Nov **[Tutor Intelligence](https://millionrounds.com/company/tutor-intelligence)** Series B · $75M *With* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures)
- **29** Oct **[MuRay](https://millionrounds.com/company/muray)** Other · $7.9M *Led by* [First Momentum Ventures](https://millionrounds.com/fund/first-momentum-ventures)
- **27** Oct **[Atlas Bio](https://millionrounds.com/company/atlas-bio)** Seed · $13M *With* [First Momentum Ventures](https://millionrounds.com/fund/first-momentum-ventures)
- **27** Oct **[Cortas](https://millionrounds.com/company/cortas)** Pre-seed · $1.6M *Led by* [PSV](https://millionrounds.com/fund/psv)
- **27** Oct **[Machenta](https://millionrounds.com/company/machenta)** Seed · $40M *Led by* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures)

## Stages This Year

532 rounds

- Venture **31%**
- Seed **14%**
- Series A **13%**
- Grant **11%**
- Series B **9%**
- Other **22%**

## What They Backed

Sectors, last 12 months

- AI **135**
- Biotech **60**
- Healthcare **47**
- Energy **32**
- Aerospace & Space **30**
- Manufacturing **24**

## Cheques by Quarter

Led Joined

189 Q1 25

150 Q2 25

173 Q3 25

180 Q4 25

197 Q1 26

171 Q2 26

137 Q3 26

21 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 industrial and manufacturing

- The British Industrial Revolution in Global Perspective Robert C. Allen · 2009 3.99 from 277 ratings on Goodreads Industrial and manufacturing About the book Why did the industrial revolution take place in eighteenth-century Britain and not elsewhere in Europe or Asia? In this convincing new account Robert Allen argues that the British industrial revolution was a successful response to the global economy of the seventeenth and… On AmazonListen on Audible
- Made in the USA: The Rise and Retreat of American Manufacturing Vaclav Smil · 2013 3.77 from 518 ratings on Goodreads Industrial and manufacturing Company building About the book In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without… On AmazonListen on Audible
- PRODUCT DESIGN+DEVELOPMENT >IN Karl T. Ulrich · 1994 4.00 from 482 ratings on Goodreads Industrial and manufacturing Company building About the book This book presents a set of product development techniques aimed at bringing together the marketing, design, and manufacturing functions of the enterprise. It treats issues such as identifying customer needs, design for manufacturing, prototyping, and industrial design. On AmazonListen on Audible
- The Most Powerful Idea in the World: A Story of Steam, Industry, and Invention William Rosen · 2010 3.93 from 1,401 ratings on Goodreads Industrial and manufacturing Innovation Company building About the book If all measures of human advancement in the last hundred centuries were plotted on a graph, they would show an almost perfectly flat line, until the eighteenth century, when the Industrial Revolution would cause the line to shoot straight up, beginning an almost uninterrupted… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about semiconductors investors in the Nordics

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

By cheques observed, the most active are EIC Accelerator, EISMEA, Global Brain Corporation, Union Square Ventures and Almi Invest.

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

24 are on record. 96% made an investment in the last 12 months and 63% have led a round.

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

Of the rounds with a named stage in the last 12 months, mostly Seed (22%) and Series A (21%).

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

The typical (median) round among the leading investors here is $7.6M.

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

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

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

Atomico (19 led), Union Square Ventures (17 led) and EIC Accelerator (9 led).

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

Among the most active, most are based in the United States (5), Sweden (5) and European Union (1).

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

Recent rounds include Sortrace (Seed, Nov 2026, with Almi Invest), Tutor Intelligence (Series B, Nov 2026, with Union Square Ventures) and MuRay (Other, Oct 2026, with First Momentum Ventures).

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