# Series A investors in the Nordics (2026 list)

> 227 series A investors in the Nordics, 85% active in the last 12 months. Led by Y Combinator, Andreessen Horowitz, New Enterprise Associates.

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

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

# Series A investors in the Nordics

Updated 7 November 2026

Firms we have watched take part in a Series A round raised by a company in the Nordics in the last two years, wherever the firm is based.

[See all 227 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fseries-a-investors-in-nordics)The top 25

**227** investors on the list *+5* this week

**4,400** cheques in 12 months *-8%* against the market

**$12M** median round they joined *+55%* against the market median

**85%** wrote a cheque in 12 months

**56%** 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 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 3 [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
- 4 [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
- 5 [Accel](https://millionrounds.com/fund/accel) *Deploying now* VC firm · United States **1,341** **$32M** median round **Nov 2026** last seen
- 6 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 7 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 8 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 9 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 10 [SVB Capital](https://millionrounds.com/fund/svb-capital) *Deploying now* VC firm · United States **564** **$20M** median round **Oct 2026** last seen
- 11 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 12 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 13 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) *Deploying now* Private equity · United States **395** **$93M** median round **Nov 2026** last seen
- 14 [Seed Capital](https://millionrounds.com/fund/seed-capital) *Deploying now* VC firm · Denmark **347** **$4M** median round **Sept 2026** last seen
- 15 [ARCH Venture Partners](https://millionrounds.com/fund/arch-venture-partners) *Deploying now* VC firm · United States **337** **$74M** median round **Oct 2026** last seen
- 16 [Almi Invest](https://millionrounds.com/fund/almi-invest) *Deploying now* VC firm · Sweden **328** **$1.1M** median round **Nov 2026** last seen
- 17 [M12](https://millionrounds.com/fund/m12) *Deploying now* Corporate VC · United States **300** **$30M** median round **Oct 2026** last seen
- 18 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) *Deploying now* VC firm · United States **283** **$14M** median round **Oct 2026** last seen
- 19 [Angel Invest](https://millionrounds.com/fund/angel-invest) *Deploying now* VC firm · Germany **282** **$1.5M** median round **Nov 2026** last seen
- 20 [Versant Ventures](https://millionrounds.com/fund/versant-ventures) *Deploying now* VC firm · United States **256** **$63M** median round **Oct 2026** last seen
- 21 [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) *Deploying now* Government · Luxembourg **246** **$37M** median round **Nov 2026** last seen
- 22 [Northzone](https://millionrounds.com/fund/northzone) *Deploying now* VC firm · United Kingdom **240** **$22M** median round **Oct 2026** last seen
- 23 [Creandum](https://millionrounds.com/fund/creandum) *Deploying now* VC firm · Sweden **224** **$20M** median round **Oct 2026** last seen
- 24 [Sting](https://millionrounds.com/fund/sting) *Deploying now* VC firm · United States **219** **$1.5M** median round **Sept 2026** last seen
- 25 [Atomico](https://millionrounds.com/fund/atomico) *Deploying now* VC firm · United Kingdom **215** **$30M** median round **Oct 2026** last seen

**202 more on this list**

All 227 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%2Fseries-a-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)
- **6** Nov **[Thinking Machines Lab](https://millionrounds.com/company/thinking-machines-lab)** Other · $5B *Led by* [Accel](https://millionrounds.com/fund/accel)
- **5** Nov **[Saidot](https://millionrounds.com/company/saidot)** Round *With* [Crowberry Capital](https://millionrounds.com/fund/crowberry-capital)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Eli Lilly](https://millionrounds.com/fund/eli-lilly)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Cowboy](https://millionrounds.com/company/cowboy)** Seed · $5M *With* [Nebular](https://millionrounds.com/fund/nebular)

## Stages This Year

3,519 rounds

- Venture **21%**
- Seed **18%**
- Series A **15%**
- Pre-seed **13%**
- Series B **8%**
- Other **25%**

## What They Backed

Sectors, last 12 months

- AI **1,423**
- Biotech **362**
- Healthcare **226**
- Big Data & Analytics **179**
- Fintech **175**
- Aerospace & Space **129**

## Cheques by Quarter

Led Joined

1,250 Q1 25

1,178 Q2 25

1,345 Q3 25

1,386 Q4 25

1,372 Q1 26

1,223 Q2 26

1,017 Q3 26

248 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Series A investors in North America 2,451](https://millionrounds.com/lists/series-a-investors-in-north-america)
- [Seed investors in North America 2,422](https://millionrounds.com/lists/seed-investors-in-north-america)
- [Seed investors in Europe 1,730](https://millionrounds.com/lists/seed-investors-in-europe)
- [Series B investors in North America 1,704](https://millionrounds.com/lists/series-b-investors-in-north-america)
- [Series A investors in Europe 1,419](https://millionrounds.com/lists/series-a-investors-in-europe)
- [Growth investors in North America 1,382](https://millionrounds.com/lists/growth-investors-in-north-america)
- [Series C investors in North America 1,011](https://millionrounds.com/lists/series-c-investors-in-north-america)
- [Pre-seed investors in North America 877](https://millionrounds.com/lists/pre-seed-investors-in-north-america)
- [Series B investors in Europe 871](https://millionrounds.com/lists/series-b-investors-in-europe)

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

## Reading for founders at Series A

- Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies Reid Hoffman · 2018 3.95 from 7,118 ratings on Goodreads Scaling and operations Leading and managing Moats and competition About the book Foreword by Bill Gates LinkedIn cofounder, legendary investor, and host of the award-winning Masters of Scale podcast reveals the secret to starting and scaling massively valuable companies. What entrepreneur or founder doesn’t aspire to build the next Amazon, Facebook, or… On AmazonListen on Audible
- One Page Talent Management: Eliminating Complexity, Adding Value Marc Effron · 2010 4.00 from 311 ratings on Goodreads Leading and managing Hiring and culture Scaling and operations About the book A Revolutionary Approach to Talent Management You know that winning in today’s marketplace requires top quality talent. You also know what it takes to build that talent, and you spend significant financial and human resources to make it happen. Yet somehow, your company’s… On AmazonListen on Audible
- The Sales Development Playbook: Build Repeatable Pipeline and Accelerate Growth with Inside Sales Trish Bertuzzi · 2016 4.18 from 696 ratings on Goodreads First sales Hiring and culture About the book Raise your hand if your company needs more new customers. I suspect your hand is (figuratively) up. This book is about not just growth, but high-growth, explosive-growth, the kind of growth that weather satellites can see from space. The success of any business-to-business… On AmazonListen on Audible
- The Culture Code: The Secrets of Highly Successful Groups Daniel Coyle · 2017 4.24 from 37,412 ratings on Goodreads Hiring and culture Leading and managing About the book What do Pixar, Google and the San Antonio Spurs basketball team have in common?The answer is that they all owe their extraordinary success to their team-building skills. In The Culture Code, Daniel Coyle goes inside some of the most effective organisations in the world and… On AmazonListen on Audible

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

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about series A investors in the Nordics

### Who are the most active series A investors in the Nordics?

By cheques observed, the most active are Y Combinator, Andreessen Horowitz, New Enterprise Associates, Alumni Ventures and Accel.

### How many series A investors in the Nordics are there?

227 are on record. 85% made an investment in the last 12 months and 56% have led a round.

### Which stages do series A investors in the Nordics back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (21%).

### How big are the rounds series A investors in the Nordics join?

The typical (median) round among the leading investors here is $14M.

### Which sectors do series A investors in the Nordics back most?

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

### Which series A investors in the Nordics lead the most rounds?

Andreessen Horowitz (114 led), Accel (103 led) and New Enterprise Associates (73 led).

### Where are series A investors in the Nordics based?

Among the most active, most are based in the United States (13), the United Kingdom (5) and Sweden (2).

### What have series A investors in the Nordics invested in recently?

Recent rounds include Vensum Power (Series A, Nov 2026, with Lifeline Ventures), Thinking Machines Lab (Other, Nov 2026, with Accel) and Saidot (Nov 2026, with Crowberry Capital).

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