Company Details

Fund type

VC

Team size

10

HQ location

Denmark, Copenhagen

Other offices

No

VC classification​

EuVECA

INVESTMENT SCOPE

Investment stages

Mainly Seed, but also Pre-seed and Series A

Average ticket size

EUR 500.000 - 4 million

Startup geography

Mainly Nordic & Baltic region

EU impact classification

Article 8: Promoting ESG

Verticals and technologies

Sector agnostic, but with a software driven business model

byFounders

Investing into early-stage startups from the Nordic-Baltic region with software driven business models.

About

byFounders is a community-powered venture fund backing globally ambitious and impact-aware founders. Based in Copenhagen, and with strong ties to Silicon Valley, the fund serves as a springboard for the next generation of founders.

Our fund is built on the foundation of some of the region’s most accomplished founders, making up the byFounders Collective. Together, they share our ambition to invest in and support the new generation of founders. Through the aggregated knowledge and expertise of its Collective, byFounders is able to invest, provide strong operational guidance, and open valuable networks in virtually any industry and vertical. “We’re for Founders, byFounders”.

Portfolio

Portfolio size

45

Annual investments

10-12

Highlighted portfolio companies

Cobalt, Safetywing, Lucinity, Normative, Corti

Exits

None yet

Active Funds

Fund

I
  • Launch year:
2017
  • Size (AUM):
EUR 100 million
  • Investor involvement:
  • Fund management location:
Denmark

Asia Connection & Vision

Digital Garage / DG Ventures from Japan is a Limited Partner in Fund I & II. byFounders is very well-connected to the Nordic & Baltic tech and impact ecosystems which generates a steady flow of byFounders’ deal flow

INVESTOR COLLABORATION

  • Lead investments:

Yes

  • Syndicate investments:

Occasionally, when competencies and network are complemented by those of another investor or VC

  • Follow investments:

Yes

  • Co-investors:

N/A

UPCOMING FUND

Fund size

EUR 100-120 million

Fund thesis

Early-stage, impact-aware venture fund focussing on Nordic & Baltic tech startups

Closing date

September 2022

Pitch

GET IN TOUCH WITH

byFounders