League Table of Most Active VCs in Norway, Denmark and Finland

League Table of Most Active VCs in Norway, Denmark and Finland
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I forgot to add the league tables for Norway, Denmark and Finland when I posted about Scandinavia a few weeks ago.

You will find below the League Table for Most Active VCs in these countries.

Again $3m minimum raised in 2010 and 2011 in each country.  I realize this is old research; so many of these are no longer active and it does not capture the new ones. My advice to these local entrepreneurs, as it was for Swedes: expand your target investor list outside of your own country. Raise as much local angel funding and then reach out to VCs beyond your borders.

League Table for the Most Active VCs in Norway

I personally like NorthZone for Norway. Norwegian Venture Capital Association: http://www.nvca.no/.

1 Investinor Trondheim, Norway Government US$ 338 12
2 Viking Venture Trondheim, Norway Venture Capital US$ 169 5
3 Northzone Ventures AS Oslo, Norway Venture Capital US$ 337 3
4 Alliance Venture Oslo, Norway Venture Capital US$ 65 2
5 Energy Capital Management Oslo, Norway Corporate Venture Capital 2
6 Hafslund Venture ASA Oslo, Norway Corporate Venture Capital 2
7 Proventure Seed Trondheim, Norway Venture Capital US$ 51 2
8 Sakorn Invest Stavanger, Norway Venture Capital US$ 66 2
9 SINTEF Group Trondheim, Norway Venture Capital 2
10 Black River Asset Management LLC Minnetonka, MN 1
11 Capricorn Venture Partners NV Leuven, Belgium Venture Capital US$ 135 1
12 Climate Change Capital Ltd. London, United Kingdom US$ 1,299 1
13 Convexa Oslo, Norway Venture Capital US$ 171 1
14 Energy Ventures AS Stavanger, Norway Venture Capital US$ 346 1
15 Ferd Capital AS Lysaker, Norway 1
16 Innovasjon Norge Norway Government 1
17 Narvik Kapital Narvik, Norway Venture Capital 1
18 NorInnova Invest Tromso, Norway Venture Capital US$ 326 1
19 Polaris Private Equity A/S Copenhagen, Denmark Mezz/Buyout US$ 656 1
20 RockPort Capital Partners Boston, MA Venture Capital US$ 850 1
21 Sarsia Innovation AS Bergen, Norway Venture Capital 1
22 Scatec Oslo, Norway Venture Capital 1
23 Siemens Venture Capital GmbH Munich, Germany Corporate Venture Capital US$ 962 1
24 Skagerak Venture Capital Kristiansand, Norway Venture Capital 1
25 Sustainable Technology Partners Nordic Stockholm, Sweden US$ 70 1

 

You can always check the Danish Venture Capital Association www.dvca.dk, which was founded in the same room at law firm HORTEN where we had our Copenhagen launch event for The Founders Club.

League Table of the Most Active VCs in Denmark

1 Sunstone Capital A/S Copenhagen, Denmark Venture Capital US$ 644 6
2 Vaekstfonden Hellerup, Denmark Venture Capital US$ 361 4
3 Novo A/S Hellerup, Denmark US$ 2,044 2
4 Seed Capital Management I/S Lyngby, Denmark Venture Capital US$ 121 2
5 Syddansk Innovation Odense, Denmark Inactive VC US$ 32 2
6 Aescap Venture Amsterdam, Netherlands Venture Capital US$ 125 1
7 Berwind Philadelphia, PA 1
8 Craton Equity Partners Los Angeles, CA US$ 192 1
9 Creandum Stockholm, Sweden Venture Capital US$ 144 1
10 Essex Woodlands Health Ventures New York, NY Venture Capital US$ 2,500 1
11 Gilde Healthcare Partners Utrecht, Netherlands Venture Capital US$ 361 1
12 Global Life Science Ventures Munich, Germany US$ 251 1
13 InnovationsKapital AB Gothenburg, Sweden Venture Capital US$ 41 1
14 Kite Ventures Moscow, Russia 1
15 Nexit Ventures Helsinki, Finland Venture Capital US$ 182 1
16 Nordic Venture Partners Copenhagen, Denmark Venture Capital US$ 385 1
17 NorthCap Partners ApS Lyngby, Denmark Venture Capital US$ 161 1
18 Northzone Ventures AS Oslo, Norway Venture Capital US$ 337 1
19 Notion Capital London, United Kingdom Venture Capital 1
20 Novi Innovation AS Aalborg, Denmark University US$ 34 1
21 Ostjysk Innovation Aarhus, Denmark Venture Capital 1
22 ru-Net Ventures Moscow, Russia 1
23 Scandinavian Life Science Venture Stockholm, Sweden Venture Capital US$ 391 1
24 SET Venture Partners Amsterdam, Netherlands Venture Capital 1
25 Seventure Partners SA Paris, France Venture Capital US$ 601 1
26 Slottsbacken Venture Capital Stockholm, Sweden Inactive VC US$ 721 1
27 Sofinnova Partners Paris, France US$ 1,328 1
28 TechnoStart Ludwigsburg, Germany Venture Capital US$ 96 1
29 Teknologisk Innovation Taastrup, Denmark Venture Capital US$ 4 1
30 Via Venture Partners Hellerup, Denmark US$ 202 1

 

Again very dated list… minimum $3m raised in 2010 and 2011 in Finland.  More info at www.fvca.fi/en. I don’t see how Conor VP is not listed on here, but one of the coolest VC’s in Finland is Jarkko Penttilä, Partner at Conor Venture Partners. Antti Kokkinen, founder of Nokia Ventures, which rebranded as BlueRun Ventures is one fo the smartest VCs I have ever known. He’s back in Helsinki focused on some healthcare startups now.

Screen Shot 2014-02-13 at 10.34.31 AM

League Table for the Most Active VCs in Finland

1 Finnish Industry Investment Ltd. Helsinki, Finland US$ 829 7
2 Veraventure Ltd Kuopio, Finland Venture Capital US$ 168 3
3 Accel Partners Palo Alto, CA Venture Capital US$ 6,000 2
4 HealthCap Venture Capital Stockholm, Sweden Venture Capital US$ 893 2
5 Ilmarinen Mutual Pension Insurance Co. Helsinki, Finland 2
6 Inventure Oy Helsinki, Finland Venture Capital US$ 56 2
7 Life Sciences Partners BV Amsterdam, Netherlands Venture Capital US$ 601 2
8 Aeris Capital Karlsruhe, Germany Venture Capital US$ 415 1
9 Ambient Sound Investments Tallinn, Estonia Venture Capital US$ 90 1
10 Atomico London, United Kingdom Venture Capital 1
11 Aura Capital Oy Turku, Finland Venture Capital US$ 24 1
12 Capricorn Venture Partners NV Leuven, Belgium Venture Capital US$ 135 1
13 Felicis Ventures Palo Alto, CA Venture Capital 1
14 Hasso Plattner Ventures Potsdam, Germany Venture Capital US$ 180 1
15 Lundbeckfond Ventures Hellerup, Denmark Venture Capital 1
16 Nexit Ventures Helsinki, Finland Venture Capital US$ 182 1
17 Renaissance Partners Warsaw, Poland US$ 48 1
18 Scope Capital Advisory AB Stockholm, Sweden US$ 144 1
19 Sitra / Finnish National Fund Helsinki, Finland Government US$ 323 1
20 Sofinnova Partners Paris, France US$ 1,328 1
21 TEKES Helsinki, Finland Government 1
22 Varma Mutual Pension Insurance Co. Varma, Finland 1
23 Via Venture Partners Hellerup, Denmark US$ 202 1
24 VNT Management Vaasa, Finland Venture Capital US$ 20 1

 

If you want to come to Europe this summer there is no better place to be in June than Stockholm and London. Join us!

Stockholm – The Future of Raising Angel & Venture Capital Funding – June 3

http://stockholmvcbible.eventbrite.com

Stockholm – The Future of Angel & Venture Capital Investing – June 4

http://futurevcstockholm.eventbrite.com

London – The Future of Angel & Venture Capital Investing – June 9

http://futureVC.eventbrite.com

London – The Future of Raising Angel & Venture Capital Funding – June 11

http://londonvcbible.eventbrite.com

Twitter: @RomansVentures

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