byFounders

byFounders is a prominent early-stage venture capital firm headquartered in Copenhagen, Denmark, with a strong focus on supporting the next generation of globally ambitious founders primarily across the Nordic and Baltic regions. Established with a unique model, the firm leverages a "byFounders Collective" – a network of successful Nordic founders who contribute as Limited Partners and provide invaluable mentorship and operational expertise to portfolio companies. This collaborative approach aims to bridge the gap between experienced entrepreneurs and nascent startups, fostering a vibrant ecosystem for technological innovation in the Nordics.

The firm's investment strategy targets Seed and Series A rounds, identifying promising startups with significant growth potential and international aspirations. byFounders typically deploys initial cheques ranging from approximately $540,000 (€500k) up to $5.4 million (€5M), demonstrating their commitment to providing substantial early-stage capital. Beyond the initial investment, they reserve significant follow-on capital to support their portfolio companies through subsequent funding rounds, ensuring sustained growth and development. This flexible investment approach allows them to back companies from their formative stages through critical expansion phases.

With two funds, each approximately €100 million, byFounders commands a total of around €200 million in assets under management, enabling them to make a meaningful impact on the regional startup landscape. As of early 2024, their portfolio boasts over 50 investments across various tech sectors, reflecting their broad interest in disruptive technologies and scalable business models. Their commitment extends beyond capital, offering strategic guidance, access to their extensive network, and practical support to help founders navigate the challenges of scaling a global business from the Nordics.