byFounders Makes Waves in 'New Nordics' with High-Risk, Founder-First Approach
byFounders, a seed-oriented venture capital fund based in Copenhagen, has been making waves in the European and Nordic startup scene. With a focus on technology-driven founders, particularly in SaaS, Marketplaces, Healthtech, and AI, the fund has invested in approximately 35 companies per fund, believing in the power of 'shots on goal'.
Founded by experienced entrepreneurs, byFounders takes high risks to achieve great upside, aiming to own 10-20% of companies at exit. The fund has been focusing on the 'New Nordics' region (Nordics and Baltics) since its inception, a region that outperforms Europe's big three in terms of unicorns per capita, graduation rates from Series A to exit, and capital required to reach unicorn status. One of the most influential early-stage venture capital funds in the Nordics and Baltics, byFounders has a 'founder-first' ethos, supported by a collective of over 100 experienced founders and operators who help portfolio companies scale.
Some notable investments include Lovable, Pleo, Corti, Peergrade, and Omnio. The fund invests in globally ambitious startups at the pre-seed and seed stages with initial tickets ranging from €500,000 to €1.5 million. Sara Rywe, Managing Partner at byFounders, started her entrepreneurial journey at the age of 17 by founding a dance school for young kids with low self-esteem.
byFounders' focus on the 'New Nordics' region, high risk tolerance, and founder-centric approach have led to significant successes. With a portfolio of notable startups and a team with deep operational experience, the fund is well-positioned to continue driving innovation and growth in the European startup ecosystem.
