New Nordic Ventures Overview
New Nordic Ventures, founded in 2021 and headquartered in Riga, Latvia, is a seed-stage venture capital firm specializing in enterprise software startups from Eastern Europe. The firm focuses on B2B companies targeting the European market, particularly those from the Baltics and non-EU Eastern European countries such as Ukraine, Georgia, Armenia, and Moldova. New Nordic Ventures emphasizes investments in startups aligned with major tech trends like AI applications, smart cloud computing, and sustainability. Their initial investments range from €200,000 to €300,000, with follow-on investments up to €1.5 million. The firm is committed to providing hands-on support, including refining go-to-market strategies, securing enterprise customers, and preparing for subsequent funding rounds.
Is New Nordic Ventures the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with New Nordic Ventures, along with a list of other relevant VCs, is available on Hopohopo.io.
New Nordic Ventures
Investment focus
Invest in
- Baltics
- Central Eastern Europe
- Caucasus 2 / 3
Customer types
- B2B
Product type
- Software
Industries / verticals
- AI Infrastructure & AI Model Development
- Developer Tools & Platforms
- IT Infrastructure & Cloud
- Workflow & Task Management (WorkTech)
Investment role
Lead and follow
Stages
Seed
First ticket size
€200,000 - €1,500,000
Contact information
Managing Partner
Kirill Jurzditsky
How to approach funds like New Nordic Ventures
When reaching out to New Nordic Ventures, founders should highlight their traction or unique insights within the Eastern European enterprise software landscape, especially if they can demonstrate early validation with European B2B customers. Articulate how your solution leverages current tech trends and show readiness for hands-on collaboration, as the team values founders who are open to strategic input and iterative go-to-market refinement. Emphasize your ambition to scale beyond your home market and your preparedness for the rigorous support and follow-on capital that New Nordic Ventures can provide.
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