Leo Capital’s New €25M Nordic Fund

Singapore-based venture capital firm Leo Capital has achieved the first close of its €25 million Nordic fund, with Business Finland Venture Capital as its anchor investor. The firm also attracted both returning and new investors to support Nordic B2B startups at the pre-seed stage.

• Investment Focus: Leo Capital’s new fund aims to support around 25 Nordic B2B startups. The firm plans to invest between $250K and $400K for initial funding.

• Firm Overview: Founded in 2018, Leo Capital specializes in early-stage technology companies in APAC. The firm now has three APAC-focused funds and has been investing in Europe since 2021.

• Portfolio and Strategy: Leo Capital’s portfolio includes 60 early-stage companies, with notable investments in startups like Apica and Atoa.

With this Nordic fund, Leo Capital continues its mission to empower early-stage startups, expanding its reach and impact across borders.