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Today: May 15, 2024
January 17, 2024
1 min read

Nordic VC sensation Sandwater secures $136m for groundbreaking venture fund

TLDR:

– Nordic VC firm Sandwater has closed its venture fund at $136 million.
– The fund’s LPs include the European Investment Fund, First Swedish National Pension Fund, LGT, Nysnø, Investinor, and family offices Canica and Lærdal.

Sandwater, a Nordic venture capital firm, has closed its venture fund at $136 million with commitments from LPs including the European Investment Fund (EIF), First Swedish National Pension Fund, LGT, Nysnø, Investinor, and family offices Canica and Lærdal.

The fund aims to invest in early-stage Nordic technology companies. Sandwater also plans to collaborate with other venture funds and support companies throughout their growth journey.

Sandwater believes that the Nordic region has great potential for tech innovation and has already invested in several successful companies, including Kahoot!, AImotive, and Fishbrain.

The firm’s team consists of experienced investors and entrepreneurs with a deep understanding of the Nordic market. Sandwater plans to leverage this expertise to identify and invest in high-potential companies that are well-positioned for growth.

The closing of Sandwater’s venture fund at $136 million is a positive sign for the Nordic tech ecosystem. The fund will provide much-needed capital to support the growth of early-stage companies and help them scale.

With the support of reputable LPs such as EIF and the First Swedish National Pension Fund, Sandwater is well-positioned to attract high-quality investment opportunities and create value for its investors.

Overall, the closing of Sandwater’s venture fund highlights the increasing interest in Nordic tech companies and the potential for growth in the region. With a strong team and a solid investor base, Sandwater is well-equipped to capitalize on the growing opportunities in the Nordic tech ecosystem.

Key points:

– Nordic VC firm Sandwater has closed its venture fund at $136 million, with commitments from LPs including the European Investment Fund (EIF), First Swedish National Pension Fund, LGT, Nysnø, Investinor, and family offices Canica and Lærdal.
– The fund aims to invest in early-stage Nordic technology companies and support them throughout their growth journey.
– Sandwater believes that the Nordic region has great potential for tech innovation and has already invested in several successful companies.
– The closing of Sandwater’s venture fund at $136 million is a positive sign for the Nordic tech ecosystem and will provide much-needed capital to support the growth of early-stage companies.
– With the support of reputable LPs such as EIF and the First Swedish National Pension Fund, Sandwater is well-positioned to attract high-quality investment opportunities and create value for its investors.
– The closing of the fund highlights the increasing interest in Nordic tech companies and the potential for growth in the region. Sandwater is well-equipped to capitalize on these opportunities with its strong team and solid investor base.

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