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PSV Tech closes its second fund to double down on Nordic pre-seed investing

Nurcin Metingil
Oct 8, 2026 at 08:45
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DTU-born venture firm PSV Tech has closed its second fund at €56 million, bringing new capital from Chr. Augustinus Fabrikker and Nordea-fonden alongside existing investors including ATP, EIFO and IDA. PSV Tech backs Nordic technology startups at the pre-seed stage, often before product-market fit, with a focus on AI, software and digital infrastructure. The new fund has already made 19 investments across Denmark, Sweden and Norway, including 11 investments in 2026, and will continue providing early-stage capital to technical founders across the Nordics, leveraging PSV’s long-standing ties to DTU and its network of engineering talent. PSV Tech is a venture capital firm launched in 2020 as part of PSV Venture House. The firm invests...

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