North Ventures

VC Firm·Copenhagen, Denmark·TBD

North Ventures is a venture capital firm founded in 2019 and based in Copenhagen, Denmark, investing in technology-driven companies from Seed to Series A across Denmark and the Nordics. The firm's team brings more than 75 years of combined experience in entrepreneurship, venture capital, and investment banking. North Ventures has supported over 100 high-growth investments across sectors including AI, health tech, fintech, and deep tech. Notable portfolio companies include Sparrow Quantum (quantum photonics), Scaleup Finance, and Quadsat (drone-based antenna testing).

Focus Areas

AIHealthTechFinTechDeepTech

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1 company in our directory

QuadSAT

Defence Tech·Series A

QuadSAT is a Denmark-based defence technology company founded in 2017 by Joakim Espeland (CEO) and Andrian Buchi (CTO), who met as mechanical engineering students at VIA University College. Espeland, a Norwegian RF engineer with five years of experience in maritime satellite communications, identified inefficiencies in satellite antenna testing that required expensive ship deployments. The company develops drone-based RF measurement and antenna testing systems, with traction including operational campaigns with OneWeb and the European Space Agency. QuadSAT maintains a UK registered office in London to serve NATO-aligned defence customers across Europe. The company raised €9M in Series A funding led by IQ Capital in 2023, followed by a €5M extension in 2025 led by Join Capital and North Ventures.