byFounders has announced that it has successfully closed its third fund at over €130 million, significantly oversubscribed, reinforcing its position as a leading venture capital firm in the New Nordics.
This milestone highlights the growing confidence in the region’s ability to produce world-class startups, as well as byFounders’ dedication to supporting bold, visionary founders, which has included startups such as Corti, Lovable and Normative.
“Today we celebrate byFounders oversubscribed €130m+ Fund III, tomorrow we’re right back to the grind.”
said Sara Rywe about the announcement
The byFounders Collective and its global community of founders, operators, and supporters have played a crucial role in shaping the firm’s success, demonstrating the power of a collaborative ecosystem in fostering innovation.
“I’m so lucky to get to work with such an incredible set of colleagues that are not only amazingly smart but also genuinely lovely, kind and ethical people. At the end of the day it’s the founders that we are grateful to be able to partner with that make it possible for us to continue our work.”
said Magnus Hambleton about the announcement
With Fund III now closed, byFounders will continue its mission of backing ambitious founders who are tackling global challenges and driving innovation.
