Alliance VC

Alliance VC is a Nordic venture capital firm that focuses on investing in exceptional early-stage technology companies founded by entrepreneurs with global ambitions. The firm believes in backing companies that solve real-world problems in a scalable manner, aiming to generate long-term profit while also enhancing environmental and social sustainability. Their investment philosophy centers on a mutual partnership with founders, recognizing that building valuable companies requires active support and a long-term perspective.

The firm was founded in 2001 by Jan-Erik Hareid, who brought extensive experience from Silicon Valley and executive roles in both startups and large corporations with a keen interest in emerging technologies and entrepreneurship. Alliance VC is run by a team of seasoned venture capitalists, operators, and founders who have a track record of contributing to the creation of billion-dollar companies. They recently announced the first close of their new fund, Alliance Nordic III, having raised €40 million towards a €100 million target, further solidifying their commitment to Nordic tech founders scaling globally.

Alliance VC's diverse portfolio showcases their broad investment scope within the tech sector. Notable investments include Endform AI, which addresses bottlenecks in software testing; Newcode.ai, an AI-native operating system for legal firms; Unleash, a platform for shipping AI-driven software; Hemi Health, a HealthTech startup for migraine care; Odins.ai, focused on measurable marketing; and Bits Technology, a compliance and AML infrastructure platform. They have also invested in companies like Aquabyte, which uses AI for fish farming, and General Intuition, a frontier AI research lab, demonstrating their commitment to deep tech and sustainable solutions.

The team at Alliance VC comprises experienced professionals such as Managing Partner Johan Gjesdahl, who has over a decade of startup investment experience; Partner Stine Mølgaard Sørensen, a serial tech entrepreneur with expertise in AI and digital transformation; and Partner Arne Tonning, who specializes in new market expansion and international deal syndication, particularly in the US. The firm's partners bring a wealth of operational and investment knowledge, supported by a network of over 50 venture investors, all passionate about fostering the growth of startups.