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PSV Tech closes €56M fund for early Nordic startups

PSV Tech has closed its second fund at €56 million, aiming to invest early in Nordic startups—even before they find a product-market fit. The fund will focus on founders in the AI, software, and digital infrastructure spaces. PSV backs teams before their products see market traction and helps them reach milestones that attract bigger investors. The emphasis is on strong, adaptable founding teams.

Why it mattersEarly-stage funding like this is rare for founders still pre-product or pre-revenue. PSV’s focus could accelerate the Nordic talent pipeline, especially in deep tech and AI.

Sources covering this

Tech.euPSV Tech closes €56M Fund II to back Nordic startups before product-market fit7:25 AM →EU-StartupsHeadline onlyBuilding on Fund I’s success, PSV Tech closes Fund II at €56 million with 19 investments already made9:31 AM →
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