What Alliance Venture Is All About
Alliance Venture is a Nordic venture capital firm with a clear mission: investing in Nordic founders who dream big—global ambitions, that is. They believe the most successful companies are those solving real problems, improving how we live in ways that scale. It’s not just about profit; it’s about creating long-term value while boosting environmental and social sustainability. The firm is run by experienced venture capitalists, operators, and founders who have helped build billion-dollar companies. Their focus? Exceptional early-stage tech companies led by entrepreneurs ready to make a global impact. It’s a partnership, a journey that takes time and commitment.
Main Benefits and Key Highlights
Here’s a quick snapshot of what makes Alliance Venture stand out:
- Raised €40 million towards a €100 million target for Alliance Nordic III fund, supporting top Nordic tech founders.
- Invested in over 50 rounds including seed, Series A, B, and beyond, with notable companies like Sanity, Two, and Tana.
- Co-led multiple seed and pre-seed rounds, fueling innovation in AI, SaaS, fintech, and sustainability sectors.
- Supported companies that have raised over $500 million collectively, including $100M Series B for 1X and $85M Series C for Sanity.
- Backed startups that have achieved successful exits, such as ShiftX’s acquisition by Ardoq and Megacool’s acquisition by Medal.tv.
- Strong network of LPs including Saminvest, KLP, Investinor, and Telenor, ensuring robust backing and industry connections.
Investing in Innovation and Sustainability
Alliance Venture isn’t just about funding; it’s about fostering innovation that matters. Their portfolio includes companies revolutionizing content management with headless CMS, AI-native workspaces, and tools for environmental certification management. For example, Kvist Solutions raised 15 MNOK to enhance planning and management of environmental certificates for buildings, showing a clear commitment to sustainability. The firm’s investments span sectors that improve everyday life and contribute to a greener, smarter future. It’s about backing entrepreneurs who are not only tech-savvy but also socially conscious.
Global Ambitions Rooted in Nordic Strength
The Nordic region is known for its strong tech ecosystem, and Alliance Venture leverages this by partnering with founders who think globally from day one. The firm’s approach is patient and supportive, understanding that building great companies takes time. With offices in Norway, Sweden, Finland, and Denmark, they maintain close ties to the local startup scenes while helping companies scale internationally. Their portfolio companies are making waves worldwide, from AI platforms in Sweden to fintech innovations in Norway and beyond.
Recent Success Stories and Milestones
Some recent highlights include:
- Two’s €13M raise to build Twonet, a trust infrastructure for B2B commerce, lifting total funding above €40 million.
- Sanity’s $85M Series C to launch the Content Operating System, redefining content management across digital surfaces.
- Tana’s $14M Series A for an AI-native all-in-one workspace, with Alliance participating since pre-seed.
- Deckmatch’s $3.1M seed round to streamline private market workflows with AI-powered tools.
- Medal’s $13M raise at a $333M valuation, investing in AI capabilities for gaming and content platforms.
Alliance Venture’s Impact on Sustainable Development Goals (SDGs)
- SDG 8: Decent Work and Economic Growth – Supporting startups that create jobs and foster innovation.
- SDG 9: Industry, Innovation, and Infrastructure – Investing in cutting-edge tech companies driving digital transformation.
- SDG 11: Sustainable Cities and Communities – Backing solutions like Kvist’s environmental certificate management.
- SDG 12: Responsible Consumption and Production – Encouraging sustainable business models and resource efficiency.
- SDG 13: Climate Action – Supporting ventures that contribute to environmental sustainability and climate solutions.
Connecting with Alliance Venture
Alliance Venture keeps close to its Nordic roots with offices across the region: Oslo, Stockholm, Helsinki, and Copenhagen. They maintain an active presence on social media platforms like LinkedIn, X, and Medium, sharing insights, updates, and stories from their portfolio. Their commitment to founders and innovation is clear—not just through investments but through ongoing support and partnership. For anyone interested in the Nordic tech scene or early-stage venture capital, Alliance Venture is a key player to watch.
