Fundraising Fox

Nft

also invests · investor profile

Founded 2019 · 5 employees on LinkedIn · 1 known investors

Nordic Foodtech VC is an early-stage venture capital firm investing in deep tech companies working on the food system, from alternative proteins and precision fermentation to farming data and food-related materials. It focuses on companies based in northern Europe, especially the Nordics and Baltics.

Also known as NFT.vc · Nordic Foodtech VC · Nordic FoodTech VC · Nordic Foodtech Venture Capital

Investors · 1

Company profile

researched Aug 2026

Nordic Foodtech VC (nft.vc) is an early-stage venture capital firm investing in deep technology for the food system. Its stated thesis is that renewing the global food system is both a necessity for human health and the climate and a business opportunity, and that the underlying problems in food and farming should be addressed with technology grounded in scientific discovery and engineering. The firm invests across the value chain, described as "from the soil to the orbit" — spanning new protein sources, fermentation-based ingredients, agricultural inputs, aquaculture, satellite-based farming data, food-contact materials and consumer food services.

The firm operates from Sofiankatu 4, Helsinki, Finland, and invests at idea/patent, pre-seed and seed stages with a stated check size of roughly $200,000 to $1 million, across Denmark, Estonia, Finland, Iceland, Lithuania, Latvia, Norway and Sweden. Sectors of interest include food and beverage, agtech and food technology. The team is organised around five partners — Louise Heiberg (foodtech investment professional and foodtech engineer, based in Denmark), Pekka Siivonen-Uotila (entrepreneur and company builder), Lauri Reuter (PhD in biotechnology), Jari Tuovinen (corporate finance and fund management) and Mika Kukkurainen (business strategy, brand and concept development in food industry and retail) — supported by advisors Leena Saarinen and Daniel Skaven Ruben and chief advisor Kaisa Poutanen, who works in food technology and nutrition research.

Business model

The firm operates as a venture capital fund manager, deploying capital into early-stage technology companies and holding minority equity positions, with returns realised through exits such as the 2025 exit from portfolio company BioMush.

Traction

The publicly listed portfolio comprises around 19 companies with first investments made between 2020 and 2026, including Chromologics and Enifer (2020), Melt&Marble, BioMush, Hailia Nordic and Kuva Space (2021), Ruokaboksi, Tracegrow, Evodia and Äio (2022), Paras Aqua (2023), Ironic Biotech, NPHarvest, Happy Plant Protein, NanoHalen, Endless Food Co and Fiberdom (2024), Mö Foods (2025) and AquaNab (2026). One exit has been disclosed: BioMush, exited in 2025.

Latest developments

The firm reports a first investment in AquaNab, developer of feed-mixed nanoantibodies against sea lice in farmed fish, in 2026, and says a further investment will be announced shortly.

Full profile — market position, go-to-market, geography

Market position

Positions itself as a specialist deep-tech food investor concentrated on the Nordics and Baltics rather than a generalist or geographically broad fund.

Combines a narrow deep-tech food and farming mandate with a team drawn from food science, biotechnology, food industry operations and fund management, and an explicit impact and responsibility policy.

Go-to-market

Sources deals directly in the Nordic and Baltic startup ecosystem and invites inbound approaches from founders seeking funding through a contact form on its website.

Founders of early-stage, science- and engineering-led food, agriculture, aquaculture and food-materials companies based in northern Europe, particularly the Nordic and Baltic countries.

Geography

Headquartered in Helsinki, Finland, with a partner based in Denmark. Investment activity covers Denmark, Estonia, Finland, Iceland, Lithuania, Latvia, Norway and Sweden.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Disclosed exitsJan 20251 exits
HeadcountAug 20265
Investment check size rangeJan 2026200K - 1M
Investment stagesJan 2026Idea or Patent, Pre-seed, Seed
Operating countriesJan 20268
Portfolio companies disclosedJan 202619 companies

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 8

launches, deals, and filings
Jan 2026
First investment in AquaNab

Investment in AquaNab, which develops feed-delivered nanoantibodies to protect farmed fish against sea lice.

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Jan 2025
Exit from BioMush

The firm exited BioMush, a producer of clean-label umami ingredients from agricultural and food processing side products, having first invested in 2021.

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Jan 2025
First investment in Mö Foods

Investment in Mö Foods, an oat-based plant cheese platform.

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Jan 2024
Six new portfolio companies added

First investments in Ironic Biotech (heme iron ingredients), NPHarvest (nutrient capture from wastewater), Happy Plant Protein (pulse and grain protein ingredients), NanoHalen (heavy metal test strips for water), Endless Food Co (upcycled chocolate alternative) and Fiberdom (compostable wood-fibre cutlery).

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Jan 2023
First investment in Paras Aqua

Investment in Paras Aqua, which develops a Partial Air driven Recirculation Aquaculture System for on-land fish farming.

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Jan 2022
First investments in Ruokaboksi, Tracegrow, Evodia and Äio

2022 additions included a grocery and recipe delivery service, foliar fertilizers made from recycled alkaline batteries, yeast-produced mono-terpene aromas and microbial oils from agricultural and forestry side-streams.

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Jan 2021
First investments in Melt&Marble, BioMush, Hailia Nordic and Kuva Space

Portfolio additions in 2021 covered precision-fermentation specialty fats (Melt&Marble), circular umami ingredients (BioMush), upcycled fish products (Hailia Nordic) and hyperspectral nanosatellite data for farming (Kuva Space).

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Jan 2020
First investments in Chromologics and Enifer

The firm made its first investments in Chromologics, a fungal fermentation platform for natural food colors, and Enifer, producer of PEKILO mycoprotein from industrial by-products.

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Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed
  • Nftnft.vc · web

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Nft do?
Nordic Foodtech VC is a Helsinki-based early-stage venture firm backing deep tech companies in food and farming.
Who are Nft's investors?
Nft's investors include Tesi (Finnish Industry Investment Ltd).