16/12/2025
The Nordic Web Ventures, led by founder and solo GP Neil Murray, has closed its third fund at $6 million to continue backing early-stage startups across the Nordics. Fund III will focus on AI-native companies, robotics, and deep tech, with check sizes around $200,000, aiming to support 30–35 companies. Murray, who has written first checks into over 50 companies—including unicorn Lovable and SafetyWing—capped the fund despite $20 million in interest, emphasizing alignment with founders over sheer fund size. With a track record of strong returns from his first two funds, he continues to leverage the region’s engineering and consumer tech strengths while maintaining flexibility as a solo GP.
FOUNDER: GP Neil Murray
AMOUNT: $6,000,000
HQ: