Blitzy
Growth
2026
Build software in days
Boston
OpenFX
Early
2025
Building global money rails
San Francisco
Xbow
Growth
2026
Autonomous offensive security
San Francisco
Genesis AI
Early
2025
Teaching machines to act
San Francisco
Tandem Health
Early
2024
Unshackling doctors from admin
Stockholm
Spring Health
Early
2020
Precision mental health care
New York
Spotify
Early
2008
How the world listens
Stockholm
Personio
Early
2017
Intelligent HR platform
Munich
Klarna
Early
2015
Smoother payments
Stockholm
GC AI
Growth
2025
Empowering in-house lawyers
New York
Black Forest Labs
Early
2024
Building state-of-the-art AI
Freiburg
Cusp AI
Early
2024
Designing breakthrough materials
Cambridge

Backing world-changing companies from inception to IPO

30
Years of compounding judgment
$3.1B+
Assets under management
5
Offices:  London · New York · Berlin · Stockholm · Amsterdam
250+
Investments (and counting)

Portfolio

View all

Built for global scale

Northzone was global before it was fashionable. We backed a Swedish music company that changed how the world listens, a Nordic payments company that changed how people pay, and an American mental health company that changed how people find care. Now we are backing the labs where human and machine intelligence meet, designing the materials, the software, and the financial rails of the next thirty years.

Great companies are not regional successes that scale. They are global systems from the first sketch. We underwrite them that way: capital in one geography, customers in another, talent everywhere, and a partnership that has been running this experiment since 1996.

Location
Latitude
Longitude
Since
Stockholm
N 59.3361°
E 18.0658°
2003
London
N 51.5173°
W 0.1398°
2012
New York
N 40.7375°
W 73.9901°
2013
Berlin
N 52.5273°
E 13.3975°
2017
Amsterdam
N 52.3658°
E 4.8892°
2019