European venture capital fund

Alliance Nordic Fund III

Alliance Nordic Fund III is a Oslo-based venture capital fund managed by Alliance Venture. €40m reported at first close (source published July 2025).

Nordic fund for AI and enterprise software startups

Status
First Close
Reported amount
€40m
Manager
Alliance Venture
Headquarters
Oslo, Norway
Stages
Seed
Sectors
AI, B2B Software
Investment geography
Nordics
Source published
July 2025

Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.