Copenhagen’s PSV Tech just closed Fund II at €55M, doubling down on Nordic startups before product-market fit. The fund targets adaptable founding teams in AI and software, signaling a shift toward pre-seed and seed bets in the region’s early-stage ecosystem. This matters because it validates a growing appetite for risk at the earliest stages, where Nordic builders often struggle to secure capital without traction or revenue. For founders, the move means more dry powder for unproven ideas, but only if the team’s adaptability is the selling point. This week, audit your pitch: if it leads with product, pivot to leading with the team’s ability to iterate fast.

researched · 2 sources

11 OctGo-to-marketreaches nearby