INVESTOR / DATA TO 30 SEPTEMBER 2026
byFounders
9 venture rounds in the first 9 months of 2026, at 9 companies in 4 countries.
byFounders is an investor headquartered in Denmark.
Every venture round since January 2024 in which public sources name byFounders as an investor, in every country our funding reports cover, and the rounds we have seen elsewhere. It is built from the same record as our quarterly funding reports, and updated with them.
At a glance
SHOW DATA
| Row | Pre-seed | Seed | Series A | Growth | Total |
|---|---|---|---|---|---|
| 2024 | 0 | 0 | 0 | 0 | 0 |
| 2025 | 0 | 0 | 0 | 1 | 1 |
| 9M 2026 | 0 | 8 | 0 | 1 | 9 |
9M 2026 runs to 30 September 2026.
| Investor | Rounds together |
|---|---|
| Partech | 2 |
| Wave Ventures | 2 |
Investors in two or more of the same rounds.
Countries and sectors
A company counts where it is headquartered, or where it started if it later moved abroad.
SHOW DATA
| Row | 2024 | 2025 | 9M 2026 |
|---|---|---|---|
| AI | 0 | 1 | 4 |
| Enterprise software | 0 | 0 | 5 |
| Energy and climate | 0 | 0 | 2 |
| Marketing and media | 0 | 0 | 2 |
| Fintech | 0 | 0 | 1 |
| Health and bio | 0 | 1 | 0 |
| Hardware and robotics | 0 | 0 | 1 |
A company can sit in several sectors, so sector counts overlap. Other: no sector on record.
Every round on record
Newest first. byFounders led 5 of them. Each company links to the announcement of the round.
| Company | Country | Month | Stage | Round size | Led | Co-investors |
|---|---|---|---|---|---|---|
| Fluencify | Sweden | Sep 2026 | Seed | €3.7m | Yes | Wave Ventures |
| Verda | Finland | Sep 2026 | Growth | €172m | Emergence Capital, MUFG Innovation Partners, Supermicro, Varma, Lifeline Ventures, 6 Degrees Capital, Tesi, Ola Tørudbakken, Mark Saroufim | |
| Cota Robotics | Sweden | Aug 2026 | Seed | €1.7m | - | |
| Flare | Denmark | Apr 2026 | Seed | €3.6m | 20VC, 20Growth | |
| Spiral Hydrogen | Estonia | Apr 2026 | Seed | €2.7m | Norrsken Evolve, Superangel | |
| Tangled | Denmark | Mar 2026 | Seed | €3.8m | Yes | Bain Capital Crypto, Antler, Thomas Dohmke, Avery Pennarun |
| Intric | Sweden | Feb 2026 | Seed | €3.8m | Yes | - |
| Willo | Finland | Feb 2026 | Seed | €2.9m | Yes | Interface Capital, Unruly Capital, Wave Ventures, Andreas Klinger, Niccolò Perra, Vincent Ho-Tin-Noe, Urho Konttori, Sune Alstrup |
| Sumary | Denmark | Jan 2026 | Seed | €3.8m | Yes | Partech, Tenity, Morten Primdahl, Christian Rasmussen, Bjarke Klinge Staun, Mark Ransford, Michael Thomsen |
| Digitail | Romania | Nov 2025 | Growth | €21m | Atomico, Partech, Five Elms Capital, Gradient Ventures |
Exits
Companies byFounders backed that were sold or listed, or where a new investor bought out the earlier ones. Each links to its announcement.
No exits on record.
How this list is made
- A round is listed when a company, investor or press announcement, or a startup database, names byFounders among its investors. Each listed round links to its announcement where one is on record.
- Amounts are the size of the whole round, not the part byFounders invested. Amounts are in euros, converted at about 1.10 US dollars to the euro.
- Stages follow the funding reports: the label the company announced, placed by size where the label clearly does not fit.
- Rounds that were never announced, or that do not name their investors, are not here, so the list is a floor.
Countries our record covers: Poland, Estonia, Lithuania, Latvia, Czechia, Slovakia, Romania, Ukraine, Hungary, Bulgaria, Croatia, Slovenia, Serbia, Bosnia and Herzegovina, North Macedonia, Albania, Montenegro, Kosovo, Moldova, Finland (from 2026), Sweden (from 2026), Norway (from 2026), Denmark (from 2026), Iceland (from 2026). Rounds elsewhere are listed when public sources name byFounders.
The whole market, country by country: startup funding reports. Next update: January 2027.
Raising pre-seed or seed
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