Focus on deep tech and hardware seed-stage companies in the Nordics.
Industries
Industry breakdown
Top industries in the portfolio
Geography
Geographic scope
DenmarkFinlandSweden
Geography breakdown
Darker regions = more portfolio companies
Top 5 countries
Finland
36.7%United States of America
32.7%Sweden
6.1%Estonia
4.1%Switzerland
2.0%Other
10.0%Countries with a higher share of the portfolio are shaded darker on the map.
Stages
Stage indicator
No stages listed
Stage breakdown
Portfolio by stage
Portfolio vintage
Companies by founded year
Fund details
Funds
Butterfly Venture Fund IV
Vintage 2022
Butterfly Venture Fund III
Vintage 2016
Northern Startup Fund I
Vintage 2012
Northern Startup Fund II/III
Vintage 2012