Nordic Secondary Fund

Nordic Secondary Fund is a Copenhagen-based venture capital and growth equity firm that specializes in secondary investments in European technology scaleups. It targets companies in the Nordic and Baltic regions that have completed Series A rounds and demonstrated scalable business models, with a focus on growth-stage opportunities across Europe.

Peter Sandberg

Founding Partner and Managing Director

Past deals in Baltics

Cleveron

Secondary Market in 2023
Cleveron is a technology and logistics company based in Estonia. It specializes in self-service parcel terminals, allowing customers to send and receive postal parcels conveniently. The company designs, manufactures, and operates these terminals, along with associated software solutions for efficient parcel distribution. Cleveron also provides consulting services to help businesses implement and operate its innovative parcel delivery systems.

Bob W

Secondary Market in 2022
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

Sonarworks

Venture Round in 2021
Founded in 2012, Sonarworks develops software that calibrates sound for headphones and speakers. Its products include Reference 4 (for studios), True-Fi (for listeners), and SoundID technology, which personalizes audio experiences based on individual hearing preferences. Used by professionals and consumers alike, the company's software improves sound quality across various devices.

Mintos

Secondary Market in 2021
Founded in 2014, Mintos is Europe's leading investment platform facilitating peer-to-peer lending. It connects consumers seeking affordable loans with investors looking for attractive returns. With over €600 million in assets under management and more than 500,000 registered users, Mintos offers automated and manual investment strategies, enabling users to build diversified portfolios.
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