node.vc

Node.vc is a Nordic early-stage venture capital firm that supports technology entrepreneurs by leveraging the experience of its founders and operators.

High-Level Overview

node.vc is a Stockholm-based early-stage venture capital firm with a mission to build a founder-first ecosystem across the Nordic and Baltic regions. The firm backs technology-driven startups that are reshaping industries through disruptive innovation, operating as a sector-agnostic investor focused on both B2B and consumer tech. Its investment philosophy centers on “entrepreneurs backing entrepreneurs” — leveraging a powerful network of successful founders and operators to provide not just capital, but deep operational support, mentorship, and ecosystem access.

node.vc targets early-stage companies, typically writing initial checks between €1–2 million, with the capacity to deploy up to €10 million over time. While open to all sectors, it pays special attention to platform technologies, smarter workplaces, and new experiences (including gaming, AI, and immersive digital environments). By connecting proven founders with the next generation of Nordic game changers, node.vc aims to increase the probability of breakout success and strengthen the region’s global tech standing.

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Origin Story

node.vc was founded in 2022 (with public activity beginning in 2023) by a team of seasoned entrepreneurs and operators who have collectively built, scaled, and invested in over 40 technology ventures. The founding team includes veterans from iconic Nordic tech companies such as Tobii, Tobii Dynavox, and Paradox Interactive, giving them deep roots in enterprise software, eye-tracking hardware, and gaming. This operator DNA is central to the firm’s identity: they are founders who have raised rounds, scaled globally, and navigated the complexities of product-market fit, international expansion, and exits.

In October 2024, node.vc closed its debut fund at €71 million (~$77M), backed by Saminvest (a Swedish government-backed VC) and more than 70 prominent Nordic entrepreneurs, including founders from Axis Communications, Yubico, Evolution, Cint, and others. This strong anchor support validated their thesis of building a tightly connected, founder-centric ecosystem rather than a traditional top-down fund. Since early 2024, node.vc has deployed capital into several Swedish startups, including Lemonado (no-code app builder), Roro (creative play studio), and Starhive (enterprise data management), signaling active execution of its strategy.

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Core Differentiators

Founder-First, Operator-Led Approach

• The team are former founders and operators, not just financiers, which allows them to empathize deeply with portfolio companies and offer practical, battle-tested guidance.
• They emphasize long-term partnership over transactional investing, positioning themselves as co-pilots during scaling, hiring, fundraising, and internationalization.

Powerful Entrepreneurial Network

• node.vc has assembled a syndicate of over 70 successful Nordic founders and executives who act as limited partners and active supporters.
• This network helps with deal sourcing, due diligence, talent acquisition, and follow-on rounds, effectively turning the LP base into a distributed value-add engine.

Sector-Agnostic, Theme-Driven Strategy

• While open to any sector, they focus on three macro-themes:
• New Experiences (gaming, immersive media, virtual worlds, digital culture)
• Smarter Workplaces (remote work tools, AI-driven HR, collaboration platforms)
• Platform Technologies (developer tools, infrastructure, data, AI/ML backbones)
• This allows flexibility to back outlier founders while maintaining thematic coherence.

Ecosystem as a Moat

• node.vc is explicitly designed to be a “node” in the Nordic tech ecosystem — a connector between founders, investors, and operators.
• Their model reduces information asymmetry and accelerates growth by embedding portfolio companies into a dense web of relationships and expertise.

Strong Institutional Backing with Entrepreneurial DNA

• Backed by Saminvest and leading Nordic institutions, node.vc combines institutional credibility with grassroots founder credibility.
• This hybrid structure gives them access to both professional capital and the trust of the founder community.

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Role in the Broader Tech Landscape

node.vc is riding several powerful trends reshaping European tech: the maturation of the Nordic startup ecosystem, the rise of founder-led funds, and the increasing importance of network effects in early-stage investing. The Nordics have produced a disproportionate number of global tech winners relative to population size, but historically lacked a critical mass of large, homegrown early-stage funds that could retain and scale those companies locally. node.vc is helping close that gap.

Their timing is particularly strategic. As global capital becomes more selective post-2022, having a strong local partner with deep operational experience and a dense network becomes a decisive advantage for founders. node.vc’s model — where LPs are also active mentors and customers — aligns perfectly with the modern expectation that VCs must add value beyond the check.

Moreover, their focus on platform technologies and new experiences positions them at the intersection of two major shifts: the ongoing software transformation of every industry and the redefinition of human interaction through digital and AI-native experiences. Whether it’s AI-powered dev tools, next-gen data infrastructure, or creative studios building rule-free play experiences, node.vc is placing bets on the foundational layers of tomorrow’s digital economy.

By strengthening the connective tissue between generations of Nordic founders, node.vc is not just funding companies — it’s helping institutionalize a culture of founder support, knowledge transfer, and ecosystem resilience that could elevate the entire region’s competitiveness.

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Quick Take & Future Outlook

node.vc is poised to become one of the defining early-stage funds in the Nordics over the next decade. Their combination of operator credibility, a high-signal founder network, and a clear thematic lens gives them a strong edge in sourcing and supporting outlier companies. As their first fund matures, the real test will be how many of their early bets evolve into category leaders and how effectively they can help those companies scale internationally while staying rooted in the Nordic ecosystem.

Looking ahead, expect node.vc to:

• Expand their portfolio into adjacent themes like climate tech (e.g., Vaja’s wind-adaptive solar farms) and vertical AI (e.g., Spaak in public affairs),
• Deepen their role as a connector by launching more structured founder programs, peer groups, or ecosystem events,
• Potentially raise a successor fund in the 2025–2026 window, building on the momentum of their €71M close.

In a world where the best startups can choose their partners carefully, node.vc’s promise — “we’ve been where you are, and we’ll help you get where you want to go” — is a compelling one. If they deliver on that promise consistently, they won’t just back Nordic game changers — they’ll help create the next generation of Nordic tech legends.