The Venture Codex Logo

The Venture Codex

Nordea

Satamaradankatu 5, Helsinki, FI-00020, Finland

Overview

Full-scale financial products and services provider.

Founded

1820

Deals · 12mo

4

Links

WebsiteLinkedInX (Twitter)

Stage focus

Debt
Seed

Geographic focus

Finland
Norway
Sweden
The Netherlands
...

Sector focus

Banking
Finance
Financial Services

Investment portfolio

11rounds
NAMEDATESIZE
Nscale
May 2026Participated
$790 MDebt
Calori
May 2026Participated
$1 MSeed
Vexlum
Feb 2026Participated
$12 MSeed
Bulk Infrastructure Group AS
Nov 2025Led
$472 MDebt
RELEX Solutions
Jan 2025Led
$12 MDebt
EvoluteIQ
Oct 2024Participated
$20 MOther Equity
Verda (DataCrunch)
Oct 2024Participated
$13 MSeed
DataCrunch
Oct 2024Participated
$13 MSeed
Cobase
Jun 2020Participated
$11 MSeries A
Personal Finance Co.
Jul 2019Led
$6 MOther Equity
Tink
Feb 2019Participated
$64 MOther Equity
Nscale
May 2026Participated
$790 MDebt
Calori
May 2026Participated
$1 MSeed
Vexlum
Feb 2026Participated
$12 MSeed
Bulk Infrastructure Group AS
Nov 2025Led
$472 MDebt
RELEX Solutions
Jan 2025Led
$12 MDebt
EvoluteIQ
Oct 2024Participated
$20 MOther Equity
Verda (DataCrunch)
Oct 2024Participated
$13 MSeed
DataCrunch
Oct 2024Participated
$13 MSeed
Cobase
Jun 2020Participated
$11 MSeries A
Personal Finance Co.
Jul 2019Led
$6 MOther Equity
Tink
Feb 2019Participated
$64 MOther Equity
11
Items
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Nordea: 11 funding rounds are recorded in the selected participation categories.All available history.
Nordea: 11 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed04
Series A01
Other Equity12
Debt21

Monthly Deal Activity

Nordea: 11 deals are recorded across 93 months.All available history.
Nordea: 11 deals are recorded across 93 months. All available history
MonthDeals
Feb '191
Mar '190
Apr '190
May '190
Jun '190
Jul '191
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '201
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '243
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '251
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '262
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Nordea: AI & Machine Learning is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Nordea: AI & Machine Learning is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
AI & Machine Learning4
Fintech3
Networks, Cloud & Communication2
Hardware & Robotics2
Enterprise Software2
Education & Workforce1
E-Commerce & Retail1
Health & Life Sciences1
Food & Agriculture1
Professional Services1
Data, Analytics & IT1
Real Estate & Construction1
Space & Frontier Tech1
Transportation & Logistics1

Deal Size Distribution

Nordea: 11 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Nordea: 11 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M1
$5M-$10M1
$10M-$25M6
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M1
$500M-$1B1
$1B+0

Deals By Geography

Nordea: Europe has the largest recorded deal count among the displayed regions (10 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Nordea: Europe has the largest recorded deal count among the displayed regions (10 deals). All available history
RegionDeals
Europe10
United States1
Nordea: 20 co-investors are shown, with ABN AMRO sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Nordea: 20 co-investors are shown, with ABN AMRO sharing 3 recorded deals. All available history
Co-investorShared deals
ABN AMRO3
byFounders2
J12 Ventures2
Local Tapiola2
SEB2
Citi1
Cr%C3%A9dit Agricole1
DCAP Select1
DNB1
EIC Fund1
Eksfin1
ING1
Insight Partners1
Joyance Partners1
Karaoke Club1
Korpun Siemen1
Kvanted1
PH ventures1
Round2 Capital1
Sunstone Capital1

Investment Strategy

Nordea: Led accounts for 27% and participating for 73% of round participation.All available history.
Nordea: Led accounts for 27% and participating for 73% of round participation. All available history
CategoryDeals (count)Share (%)
Led327%
Participating873%
Nordea: Single-lead accounts for 67% and co-led for 33% of lead dynamics.All available history.
Nordea: Single-lead accounts for 67% and co-led for 33% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead267%
Co-led133%

Team

Ewan MacLeod

Chief Digital Officer

Mattias Fras

Group Head of AI Strategy & Acceleration

Mette Ingeman Pedersen

CFO, Nordea Personal Banking

Ngoc Le

Full-stack Developer

Pavol Hronsky

Head of Container Automation

Rakesh Rana

Lead Data Scientist

Sandro Rehder

Head of Risk, Finance, TALM and Integration Dev / Execution Leader for Integration Technology

Victor Arroyo

Head of Engineering System, Banking Technology