Alliance VC raises fund to fuel Nordic tech in AI, climate, and health

2 juli 2025
11:28
Alliance VC has completed the first close of its latest fund to back early-stage Nordic tech startups – with a focus on AI-powered solutions in climate, health, finance, and business productivity.
Alliance VC has completed the first close of its new fund, Alliance Nordic III, pulling in heavyweight Nordic backers including Telenor, Saminvest, KLP, Investinor, and Smedvig.
The fund is targeting early-stage Nordic startups, with a strong focus on climate tech, digital health, business tools, and fintech. But AI stands at the centre – the VC firm sees it as the defining technology shift of the decade.