Building on Fund I’s success, PSV Tech closes Fund II at €56 million with 19 investments already made
Copenhagen-based VC firm PSV has today announced the final close of PSV Tech Fund II at €56 million in order to back early-stage tech startups across the Nordics, often as their first investor – building on the first Fund’s success of 47 investments. Chr. Augustinus Fabrikker and Nordea-fonden join the fund as new investors alongside […] The post Building on Fund I’s success, PSV Tech closes Fund…
PSV Tech, a Copenhagen-based VC firm, has successfully closed its second fund, PSV Tech Fund II, raising €56 million. This investment aims to support early-stage tech startups across the Nordics and follows the success of the first fund, which made 47 investments. The new fund has attracted several investors, including Chr. Augustinus Fabrikker, Nordea-fonden, ATP, EIFO, IDA, and notable founders like Christian Lund and Henrik Printzlau.
Helle Uth, co-founder and General Partner at PSV Tech, emphasized the importance of investors willing to take the first risk alongside founders, stating that Fund II allows the firm to continue supporting these startups across the Nordics. The announcement comes amid continued fundraising activity in the Nordic early-stage venture capital sector in 2026, with various other funds also making significant commitments.
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