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Founded in 2021, New Nordic Ventures is a seed-stage venture capital firm based in Latvia. The firm specializes in enterprise software startups targeting the European market, particularly in Eastern Europe, including the Baltics and non-EU regions like Ukraine, Georgia, Armenia, and Moldova. They have an initial investment range of EUR 200,000 to EUR 300,000 and a follow-on investment capacity of up to EUR 1.5 million.
New Nordic Ventures invests in early-stage startups within the enterprise software sector, specifically those that align with major tech trends such as AI applications, cloud computing, and sustainability. They prioritize startups with strong product-market fit and scalable solutions, particularly those founded by professionals from Eastern Europe.
Submit your pitch through their website contact form for consideration.
Yes, New Nordic Ventures typically leads seed rounds, providing initial funding and support to startups.
The firm has a follow-on investment capacity of up to EUR 1.5 million, allowing them to support portfolio companies as they grow.
New Nordic Ventures focuses specifically on enterprise software startups from Eastern Europe, leveraging their regional expertise to identify high-potential companies.
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