Nordic Founders, Introduced to American Capital.
Bifrost runs the Freyr Network, matching seed-stage Nordic companies with American investors, and is building a fund to back the region's best at Series A.
We source and screen seed-stage Nordic companies, then match them with American angels and seed funds. Investors pick their own deals. We make the introduction and stand behind it.
How It Works → Series A · In FormationA traditional venture fund with a Nordic focus, run separately from the network. Limited partners commit once, and the fund invests in the region's best companies at Series A.
Read the Thesis →You are building from Oslo, Stockholm, Copenhagen, Helsinki, or Reykjavík and want American capital on your cap table. We put you in front of angels and seed funds who fit your stage and sector.
You want exposure to one of the most capital-efficient startup regions in the world without building a network there from scratch. You pick the deals. We bring you companies worth your time.
Founders share what they are building and raising. Investors share their thesis and check size.
We connect the two sides only where the fit is real. No lists, no mass email.
We make the introduction and step back. The relationship is yours. We stay available if the structuring gets complicated.
Every tier lists exactly what you get: how many companies, how many introductions, what arrives in your inbox and when. No vague "more access."
Founders pay one flat monthly engagement that runs only while you raise: preparation included, up to five warm investor introductions a month, and it ends when your round closes. No success fee, no equity, no percentage of anything.
Freyr
In Norse mythology, Freyr is the god of prosperity, peace, and good harvest. When the old stories wanted growth and plenty, they pointed at him.
Bifröst is the crossing. Freyr is what the crossing is for. The network exists so that capital and introductions reach the founders who have earned them, and so that good seasons follow.
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The fund is a separate vehicle from the Freyr Network, structured the way venture funds are: limited partners commit capital once, and we invest it in Nordic companies raising their Series A. No deal-by-deal decisions, no memberships. A classic fund, pointed at one region we know well.
LPs make a single capital commitment to the fund. Capital is called as investments are made, the standard way.
The fund builds a portfolio of Nordic companies at Series A, selected and managed by the Bifrost team.
Management fee and carried interest on conventional terms, with regular reporting to LPs. Full terms in the fund documents.
The Freyr Network and the fund are run separately, with separate terms. The network gives the team an unusual sourcing edge in the region, and that is where the overlap ends: network membership involves no fund commitment, and fund LPs owe nothing to the network.
Some investors in our network want to pick deals one at a time. Others want Nordic exposure without the work of evaluating every company. The fund is built for the second group: a single commitment, deployed across the strongest Series A companies our pipeline produces.
The fund is in formation and has not launched. Nothing on this page is an offer to sell, or a solicitation of an offer to buy, any security. Any interests in the fund will be offered only to qualified investors through definitive offering documents, which will contain the terms, risks, and disclosures that govern. Information on this site is subject to change.
The Nordic region produces world-class companies at a rate far out of proportion to its size. Home markets are small, and later-stage capital is scarce, so the best founders look west early. American investors have the depth and the appetite, but few have a way to see, assess, and reach a founder five time zones away. Bifrost closes that distance at seed through the Freyr Network, and at Series A through the fund.
Home markets of five to ten million people force Nordic companies to design for international customers from the first version.
Nordic countries sit at the top of global English-proficiency rankings. Diligence, contracts, and board meetings need no translation.
Smaller local rounds teach Nordic teams to reach milestones on less. The discipline tends to survive the move to bigger checks.
Every Nordic country has produced companies that compete globally. This is the lineage a Bifrost founder steps into.
Meet the Nordics' best companies at seed, and back them all the way to the other side of the bridge.
Every introduction is personal, made by someone who knows both parties. We do not send scraped lists or mass email.
We would rather show an investor one company they remember than ten they forget. The quality of the match is the product.
We know what U.S. investors expect and how Nordic companies are built. Metrics, deal structures, and cultural cues survive the crossing intact.
We tell founders the truth about when they are ready, and investors the truth about what we are paid. That honesty is why people take our calls.
The Bifrost team met at the University of South Florida. Gavin Berg, raised in St. Paul, Minnesota, with family roots in Bergen and Stavanger, studies finance and legal studies and works as a venture analyst. Heikki Pursiheimo, from Rauma on Finland's west coast, studies finance.
Between us, the connections run from western Norway to the Finnish coast and across the U.S. The introductions began informally: a founder back home who needed a U.S. lead, an investor stateside curious about the region. Bifrost gives them a name and a front door.
It stays small on purpose. Every company is reviewed personally, and every introduction carries our reputation behind it.
Bif·röst
In Norse mythology, Bifröst is the rainbow bridge between Midgard, the world of people, and Asgard, the realm of the gods. It exists for one purpose: to make the crossing possible.
That is the job here. One bridge, built for the crossing that matters, from a small home market to the deepest pool of capital in the world.
Raising and curious about U.S. investors? Tell us about your company.
Angel network, the fund, or both? Tell us what you are looking for.