The Nordics have built over 100 unicorns and $500B in enterprise value using less capital than an average U.S. Series C. A new report reveals how the ecosystem is winning the AI race through extreme capital efficiency.
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June 30, 20265 minute read
Image credits: Contrarian Ventures
The average Nordic startup gets to Series C after raising $68M, while the average US startup needs $139M, according to a new report on Nordic venture capital. Nordic startups consistently reach this stage with half the funding, proving their business...
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