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Nordic Foodtech VC is a venture capital firm founded to address critical challenges in the global food system. Established in 2020, the firm is headquartered in Helsinki, Finland, and focuses on early-stage technology companies in the food sector. The organization emphasizes human health, climate change, and sustainability as core components of its investment strategy. With a fund size of €44 million, Nordic Foodtech VC has successfully invested in 18 companies, showcasing its commitment to transforming the food industry.
The firm primarily targets startups located in northern Europe, particularly in the Nordics and Baltics. Nordic Foodtech VC has built a reputation for its focus on deep technology innovations that aim to renew the food system. The firm is actively deploying capital from its first fund and is preparing for the launch of its second fund, which is expected to reach a final target of €80 million.
Nordic Foodtech VC invests in early-stage technology companies that are committed to renewing the food system. The firm focuses on sectors such as sustainable food production, alternative proteins, and advanced food processing technologies. Investments typically range from $500,000 to $2 million, allowing the firm to support startups at various stages of development, including pre-seed, seed, seed+, and Series A.
Geographically, Nordic Foodtech VC concentrates its efforts on companies in Europe, particularly the Nordics and Baltics. The firm seeks to partner with founders who are dedicated to addressing pressing global challenges related to food sustainability and health. Their investment thesis emphasizes the importance of scientific discovery and engineering in driving innovation within the food sector.
Nordic Foodtech VC's portfolio includes 18 innovative companies that are making significant strides in the food technology space. Notable portfolio companies include:
Louise Heiberg: Partner at Nordic Foodtech VC, Louise has a background in venture capital and a strong focus on food technology investments. She has been instrumental in driving the firm's investment strategy and building relationships within the industry.
Pekka Siivonen-Uotila: Partner at Nordic Foodtech VC, Pekka brings extensive experience in the food sector and has led several notable investments in the firm's portfolio. His expertise lies in identifying innovative startups that align with the firm's mission.
To pitch to Nordic Foodtech VC, founders should visit their website at nft.vc and submit their proposals through the provided channels. It is important to include a comprehensive deck that outlines the business model, market opportunity, and how the startup aligns with their investment focus. The firm prefers warm introductions but is open to direct submissions as well. Response times may vary, but founders can expect feedback within a few weeks.
In March 2026, Nordic Foodtech VC announced the first close of its second fund, targeting €80 million, following the success of its first fund which was fully invested in 18 companies. The firm continues to actively engage with the startup ecosystem, highlighting investments in companies such as Chromologics, Melt&Marble, and Tracegrow.
Over the past five years, Nordic Foodtech VC has made 13 investments, averaging three new investments annually, demonstrating a consistent commitment to supporting early-stage food technology companies.
What are Nordic Foodtech VC's investment criteria?
Nordic Foodtech VC focuses on early-stage technology companies in the food sector, particularly those addressing sustainability, human health, and climate change. They invest in sectors such as food-agtech, biotech, and climate, with check sizes ranging from $500,000 to $2 million.
How can I apply or pitch to Nordic Foodtech VC?
Founders can pitch their ideas by visiting the Nordic Foodtech VC website at nft.vc or by emailing louise@nft.vc. It is recommended to provide a clear overview of the business model, market opportunity, and how the startup aligns with their investment thesis.
What makes Nordic Foodtech VC different from other investors?
This firm is specifically focused on transforming the food system through deep technology innovations. Unlike many VCs, Nordic Foodtech VC prioritizes tangible innovations over high-multiple moonshots, ensuring a commitment to sustainable and impactful food solutions.
What is the geographic scope of Nordic Foodtech VC's investments?
Nordic Foodtech VC primarily invests in companies located in northern Europe, particularly the Nordics and Baltics. This regional focus allows them to leverage local expertise and market dynamics.
What is Nordic Foodtech VC's post-investment involvement like?
The firm provides strategic guidance, industry connections, and access to a network of experts in food technology and sustainability. They are committed to supporting their portfolio companies through various growth phases.
What is the size of Nordic Foodtech VC's funds?
The firm has a fund size of €44 million for its first fund and is currently preparing for a second fund with a target of €80 million.
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