Nordic innovation is on the rise
The Nordic tech startup scene is sending a message to the global investment community: the best is yet to come.
In the 10 years, we’ve seen how the Nordic ecosystem has developed into one of the best in the world. From a venture capital, funding rounds, and investment perspective, the whole ecosystem has matured and is becoming increasingly integrated into larger US and European ecosystems.
From Iceland to the rest of the world
It’s been a street lined with positive testing grounds and initial traction across Norway, Sweden, Iceland, Denmark, and Finland before businesses have to leave in search of business growth further afield.
But in recent years, that dynamic has shifted to become slightly more balanced, especially off the back of Swedish unicorns and the international exposure they have generated.
Meniga was founded in Iceland in 2008 and since then expanded first to the Nordics, then the rest of Europe, and then globally.
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“I believe the Nordic ecosystem is increasingly becoming a serious contender to the other, much larger and mature ecosystems.
Over the past decade, the amount of successful and tech-savvy startups emerging from the Nordics has been well documented. But I think we’ve only seen a fraction of the international tech successes that will come out of this region.”
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