Latest fund size
$47M
Announced
July 4, 2025
Global HQ
Sweden
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Check size
$500K – $3M
Members only
Stage focus
Seed
Members only
Regions of investment
Europe
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Alliance VC is an early-stage venture capital firm headquartered in the Nordics, with offices in Stockholm, Oslo, Copenhagen, and Helsinki. The firm invests in technology startups across the region, with a mission to back companies that have the potential to redefine industries and societal systems. Alliance VC is deeply rooted in the Nordic ecosystem and works closely with founders from the seed stage to help scale their ventures globally.
Members only
Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.
Alliance VC focuses on seed-stage investments in technology-driven companies based in the Nordic countries. The firm is sector-agnostic but consistently targets startups developing innovative solutions with the capacity for global scale and long-term impact.
Areas of focus include:
Members only
What the fund looks for in founders and which sectors it backs.
Alliance Nordic III is the firm’s latest fund, which held its first close in July 2025 at €40 million, with a final target of €100 million.
The first close was backed by notable institutional investors including Saminvest, KLP, Investinor, Smedvig, and Telenor.
The fund continues Alliance VC’s strategy of leading seed rounds and taking an active role in helping founders navigate early growth and international expansion.
With deep roots across the region, the fund seeks to position Nordic startups for success on the global stage through capital, operational support, and a broad partner network.
Members only
Fund size, LPs and track record.
Leadership
Alliance VC is led by a six-partner team comprising Anders Hallin, Stine Sørensen, Johan Gjesdahl, Henrik Torstensson, Bente Loe, and Arne Tonning. The leadership brings together decades of experience in venture capital, entrepreneurship, and startup operations. Their local presence across key Nordic hubs enables close engagement with founders and early access to promising opportunities throughout the region.
Investment Strategy
The firm’s strategy revolves around leading seed-stage rounds and helping companies become category-defining businesses. Alliance VC seeks out mission-driven teams building products with global potential.
The fund provides not just capital but hands-on support in hiring, go-to-market execution, and international scaling. The geographic focus on the Nordics allows the firm to leverage strong local networks while helping companies expand far beyond the region.
Notable Investments
Alliance VC was an early investor in several standout Nordic startups, including:
These investments reflect the firm’s commitment to supporting scalable, high-impact tech companies.
Other
Alliance VC's distributed presence across Stockholm, Oslo, Copenhagen, and Helsinki gives the firm unique access to talent, research, and deal flow across the entire Nordic ecosystem.
Its approach is collaborative and long-term, aiming to be the first institutional partner to high-potential founders in the region.
Members only
Leadership, investment strategy, notable investments and exits.
