🇩🇰 PSV Tech Fund II is live

Credit: PSV Tech

Real momentum isn’t loud. It’s 65% closed, two investments underway, and a Nordic ecosystem ready to take on the world.

In other words, PSV Tech Fund II is live.

With a hard cap of €70 million, Fund II is here to fuel the next generation of Nordic tech champions. 65% of the fund closed in record time, and with the first two investments underway, this fund is in full motion. And the timing couldn’t be better.

Today, tech isn’t just about scaling fast. It’s about resilience, tech sovereignty, and building long-term strength for Europe. That’s why Fund II is backing ambitious founders in AI, software, and digital infrastructure who want to build global companies, starting from the Nordics.

As Helle Uth, Co-Founder and General Partner, puts it: “To strengthen Europe’s competitiveness, massive investment in tech entrepreneurs is essential. Investing in technology is no longer just about growth – it’s about Europe’s ability to operate on its own terms.”

Fund II is backed early by ATP, EIFO, and IDA alongside some of the Nordics’ most successful founders like Sebastian Knutsson, Niels Ebbe Ebbesen & Morten Ebbesen, Stig Myken, Christian Lund and Henrik Printzlau. Founders who are now paying it forward to the next wave of builders.

With 47 investments and six exits from Fund I, PSV Tech has already proven that early bets on the right teams can go a long way. Fund II continues that mission driven by the ambition to make the Nordics Europe’s strongest tech launchpad.

We’re still raising—and looking for more bold believers to join us, reach out to the team Richard Breiter, Christel Piron, Alexander Viterbo-Horten, Helle Uth, Sebastian von Wildenrath Wegmann and Christian Dalsgaard

Originally published on 19 April by PSV.

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