Nordic Game Ventures
Venture capitalHelsinki · Seed–Growth · 2 people tracked
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Investment thesis
Nordic Game Ventures focuses exclusively on the Nordic games industry, which it presents as a world leader in game development and a major regional export success. The firm invests in games, games technology, and applied games — including gamification for digital health, education, training, and virtual/shared spaces (the metaverse). It argues that games expertise, not just early-stage investing experience, is essential to realizing the medium's potential in other sectors. Combining decades of industry experience with prior fundraising and angel/VC activity across Nordic game companies, NGV offers institutional investors strategic early- to growth-stage exposure to the sector, emphasizing transparency, governance, and code-compliant reporting.
Source: firm website, verified Sep 20, 2026.
Team · 2 people
from public directoriesWhat they invest in
from 8 of 15 portfolio companiesAI & Machine Learning ×4Gaming ×3GovTech ×3SaaS ×3Digital Health ×2Enterprise Software ×2Fintech ×2Healthtech ×2
HQs:Finland×2Sweden×2
Investments · 15 tracked
founders shown can be your intro pathBonus Stage is a game studio that develops Disc Golf Masters, a disc golf video game released in Steam Early Access.
GamingSports Tech
Finansinspektionen (FI) is Sweden's financial supervisory authority, responsible for oversight and licensing of banks, insurers, payment institutions and other financial services firms operating in Sweden.
FintechGovTech
Co-investors1kxAbraBloccelerate VCCircle & Co.CoinFundL1 Digital+2 more
Finanssivalvonta (Fiva) is Finland's Financial Supervisory Authority, the government body that supervises banks, insurance and pension institutions, and other financial market participants.
FintechGovTech
LocalizeDirect provides localization services for games, studios, and ready-to-scale businesses, working with a network of native-speaking linguists and QA professionals across 65+ language pairs.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaS
Martin Karlsson(CEO)in
Psyon Games develops video games designed to support mental health and well-being, targeting healthcare markets and the life science industry.
Digital HealthGamingHealthtechMental HealthJyväskylä, FI
Olli Rundgren(CEO & Founder)inPasi Piitulainen(Executive Chairman & Co-founder)inValtteri Lahti(COO & Co-founder)in
Co-investorsFuturistic.VCSisu Game Ventures
ADCURIS develops emergency preparedness training solutions for schools, focusing on crisis response education including active shooter scenarios.
AI & Machine LearningCreator EconomyEdTechGovTechHealthtechSaaS
Esther
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Akribian ABQuicksave InteractiveStageZero OySupremacy Games OyUndone Games ABWanderword i Sverige AB
Frequently asked questions
- How many investments has Nordic Game Ventures made?
- Nordic Game Ventures has 15 tracked investments.
- What stage does Nordic Game Ventures invest at?
- Nordic Game Ventures invests at the Seed, Series A, Growth stages.
- What sectors does Nordic Game Ventures focus on?
- Nordic Game Ventures focuses on Digital Health, EdTech, Gaming, Media & Entertainment, SaaS.
- Where is Nordic Game Ventures located?
- Nordic Game Ventures is headquartered in Helsinki, FI.
- Who does Nordic Game Ventures co-invest with?
- Nordic Game Ventures most often shares deals with Sisu Game Ventures, Futuristic.VC, Raptor Group, among 3 tracked co-investors.
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