Alliance VC Launches New Fund - Alliance Nordic III to Back Innovative Tech Companies

Led by Jan-Erik Hareid(Founder & Chairman), Partners Johan Gjesdahl(Managing Partner), Stine Mølgaard Sørensen(Partner), Anders Hallin(Partner), Bente Loe(Partner), Arne Tonning(Partner), Henrik Torstensson(Partner), Nea Piha(Investor Relations Manager), and Jacob Toresson(Investment Associate), Alliance VC has completed the first close of their new fund, Alliance Nordic III, backed by leading Nordic LPs including Saminvest, KLP, Investinor, Smedvig, and Telenor. Over the years, Alliance has made some daring bets, including 1x Technologies, Sanity, Encore, Versiro, Tana, Enode, and others.

Alliance VC sees AI as a transformative shift, replacing workflows, creating digital labor, and redefining value creation. After years of investing in AI across sectors like productivity, energy, and fintech, the focus has shifted to generative AI products. AI is now the core theme driving most of Alliance VC’s current and future investments.

Alliance VC backs ambitious Nordic founders solving big problems with powerful technology. With a focus on AI, business efficiency, climate, fintech, and digital health, the firm plans to invest in 25–30 startups across pre-seed to Series A, typically with €1–2M checks. Combining deep local roots across all four Nordic capitals with global experience, Alliance VC aims to be a high-value, partner-led investor helping founders scale globally.