Investment thesis
Northzone is a multi-stage venture firm founded in 1996 that invests from seed through growth in Europe and the United States. It backs companies in AI, fintech, healthcare, software, autonomous vehicles and materials science, and has invested in more than 250 companies including Spotify, Klarna, Trustpilot and Personio. It works from Stockholm, London, Berlin, Amsterdam and New York.
Past investments
| Company | Round | Date | Round size |
|---|---|---|---|
| Duvo Prague, Czechia | Series A | Oct 2026 | €28.5M |
| Rayon Paris, France | Series A | Sep 2026 | €10M |
| Tandem Health Stockholm, Sweden | Series B | Sep 2026 | €86.5M |
| Riff Oslo, Norway | Series A | Oct 2025 | €14.7M |