Copenhagen’s PSV Tech just closed Fund II at €56M, targeting Nordic startups in AI, software, and digital infrastructure before they hit product-market fit. The fund’s thesis is clear: bet on adaptable founding teams, not just traction. This is the first dedicated pre-PMF vehicle of this size in the region, and it arrives as Nordic AI investment outpaces returns, per BCG’s March report on the inflection point between value creation and bubble risk. For builders, this means more capital for unproven but high-potential ideas, but also sharper scrutiny on team adaptability and problem rigor. The actionable move: if you’re pre-PMF in AI or deep tech, audit your founding team’s pivot history and problem specificity before pitching. The window is open, but the bar is high.

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14 OctGo-to-marketreaches nearby