Northzone venture capital firm specializing in investments in growth capital
Categories: The firm prefers to invest in technology companies in internet software and services, SaaS, Ecommerce, edtech, internet security, consumer internet, artificial intelligence, fintech, IT services, software, B2B, recruitment, infrastructure, media, marketplace, network infrastructure, new delivery platforms, gaming, enterprise software, enterprise platform, hardware, semiconductor, cloud computing, mobile, power generating, and power retaining, information and communications technology, telecommunication services, water purification, and cleantech sectors.
Northzone Ventures is a private equity and venture capital firm specialising in investments in growth capital. It prefers to invest in seed/startups, Series A, B and C, early, expansion stage, emerging growth, mid venture, and late venture stage companies. It seeks to make investments in the United States, Western Europe and Nordic countries focusing on Denmark, Finland, Iceland, Norway, and Sweden and Northern Europe with a focus on Scandinavia, Germany, Berlin, UK, Benelux, and Russia. It also prefers to invest in United Kingdom with a focus on London. It prefers to invest between $1 million and $19 million. The firm prefers to co-invest with venture capital investors or strategic partners during early stages of a company life cycle. It seeks to take Chairman of the Board position in its portfolio companies during the first six to 12 months of investment. It usually takes a minority stake in its portfolio companies. The firm prefers to take between three and six investments per person. Northzone Ventures was founded in 1996 and is based in Oslo, Norway with additional offices in Stockholm, Sweden; Copenhagen, Denmark; New York, New York; and London, United Kingdom.
Alumni Companies: Spotify, iZettle, Trustpilot, Avito, Klarna, Wallapop Lastminute.com, Pricerunner, NextGenTel, and Stepstone. Northzone’s most notable exits include Spotify, Avito, and iZettle.