1. A Team Built for the Challenge
At the heart of PSV Tech are four General Partners and co-founders: Helle Uth, Richard Breiter, Alexander Viterbo-Horten, and Christel Piron. Together, they bring decades of hands-on venture experience and a shared belief in the power of early-stage founders to shape the future. From the first meeting to the last follow-on investment, this team is known for rolling up their sleeves and standing shoulder-to-shoulder with ’our’ founders—often as the very first institutional backer.
2. A Track Record That Speaks for Itself
Since its launch in 2020, PSV Tech’s results speak clearly: the team has already delivered six exits, including successes like Helloflow and Heyhack and 78% of portico’s from the first vintage year of Fund I have advanced to the next stage within 16-18 months with a price increase averaging 2,82x. Mathematically, that goes against the odds and makes the fund less risky than a standard seed fund. This track record has not gone unnoticed—cornerstone investors from Fund I, including ATP and EIFO, have returned for Fund II, underlining their confidence in PSV Tech’s approach and results. They’re joined by IDA and accomplished tech founders—including Christian Lund and Henrik Printzlau (Templafy), Sebastian Knutsson (King), Morten and Niels Ebbesen (Siteimprove), and Stig Myken (Hiper)—are investing to give the next generation of founders the support they need to build global companies from Europe.
“The level of privilege, safety net and education in the Nordics makes it an ideal launchpad for startups – but too often, we have seen Founders go to the U.S. because that’s where the capital is,” says Sebastian Knutsson, Co-founder of King. “By backing PSV Tech, we hope to support more founders in building global companies from the Nordics.”
3. Proprietary access to talent
PSV Tech’s strategy is simple and effective: back bold founders at the pre-seed stage, before product/market fit, in AI, software, and digital infrastructure. The fund’s roots at DTU (Technical University of Denmark)—one of Europe’s top technical universities—give PSV privileged access to world-class engineering talent and a front-row seat to the region’s most promising innovations. This unique positioning, combined with deep ties to both academia and industry, allows PSV Tech to spot and support the next Nordic success stories before anyone else.
Looking Ahead
In a time when Europe’s competitiveness depends on nurturing its own tech champions, PSV Tech is doubling down on its mission: to empower extraordinary founders and help them build enduring companies from the Nordics. Fund II is not just a continuation—it’s a statement of intent. Europe’s next tech giants will be born out of the Nordics, and PSV Tech is ready to help them take flight.
“To strengthen Europe’s competitiveness, massive investment in tech entrepreneurs is essential. We aim to build a stronger pipeline of startups that can make Europe more self-reliant, more resilient, and better equipped for the future global competition.”
— Helle Uth, General Partner, PSV Tech
PSV Tech Fund II: Same team, renewed commitment, and a bigger ambition to shape the future of European tech.
