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byFounders

Location on request · Invests in Europe; US · Website

Pre-SeedSeedSeries AB2B SaaSAI & Machine LearningDeveloper ToolsCybersecurityFintechHealthcare & BiotechEnterprise SoftwareDeveloper Tools & InfrastructureClimate & Clean EnergyHealthcare & Digital HealthFintech & PaymentsSecurity & Cybersecurity

Thesis

The community-powered VC of the New Nordics. We invest in globally ambitious, impact-aware founders building companies that will solve the world's most pressing challenges. Superior financial returns come from responsible, impact-conscious investing that balances pure financial returns with positive social and environmental impact.

Likely not a fit for

Not explicitly stated, but fund avoids: founders without commitment to responsible business practices, purely incremental tech plays without impact ambition, non-technical founders building non-tech solutions.

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Fund status
Actively deploying
Assets under mgmt
$148M
Decision process
Partnership vote

Partners & team

3 contacts on file

MK

Martin Krag

PartnerPartner · Primary contact

+ Pitch

m•••@by•••.vc

LinkedIn profile

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FN

Frans Nilsson

PartnerPartner

+ Pitch

f•••@by•••.vc

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EL

Eric Lagier

Partner

+ Pitch

e•••@by•••.vc

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Portfolio

SafetyWingInsurance

SafetyWing provides insurance solutions tailored for remote workers and digital nomads, offering global health and travel insurance that covers individuals and teams worldwide.

CortiHealthcare Digital

Corti builds production-grade AI for healthcare, providing APIs for developers to create AI applications that enhance medical expertise and improve patient outcomes.

GreenelyClimate Clean Energy

Greenely is dedicated to democratizing access to sustainable energy through innovative technologies, empowering individuals and communities to adopt eco-friendly energy solutions.

SupernormalEnterprise Software

Supernormal provides AI agents that help agencies complete project tasks quickly by chatting with AI. The platform is designed to assist in winning new business, conducting research, creating visuals, crunching data, and drafting messages.

LucinityFintech Payments

Lucinity provides Human AI Operations for modern financial crime teams, enhancing compliance and operational efficiency.

LovableEnterprise Software

Lovable is a retailer specializing in intimate apparel for both men and women. The company offers a wide range of products with promotions including sales of up to 50% off, secure payment options, and free shipping on orders over €75.

Loki RoboticsRobotics Automation

Loki Robotics automates commercial building services with robots, starting with cleaning. We're building the >$2T autonomous facility services economy by replacing human-run services with scalable robotic infrastructure.

PixierayConsumer Apps Social

Pixieray is creating the world's first autofocus eyewear, IXI, which adapts to the user's eye movements for optimal vision in every situation.

ContractbookEnterprise Software

Contractbook is a contract management software that leverages AI to centralize agreements, extract data, automate tasks, and provide insights for better contract management.

Creative ForceEcommerce Marketplaces

CreativeForce.ai is a company available for sale. It operates on the Spaceship platform with secure checkout and no hidden fees.

Lilla Nygatan
AumioConsumer Apps Social

Aumio offers apps designed to improve sleep for babies and children through audio experiences, stories, and relaxation exercises, promoting mental health and well-being from an early age.

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Research briefRead more
byFounders VC Research Investment Thesis byFounders is described as "the community-powered VC of the New Nordics," a Copenhagen-based early-stage venture fund that invests in globally ambitious, impact-aware founders. The fund positions itself as founder-friendly, with a philosophy rooted in transparency, partnership, and positive impact on the world. Their core thesis is that superior financial r

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