Node.vc

Investment decisions are made by the partnership group led by Managing Partner John Elvesjö. The partnership includes Mårten Skogö, Henrik Tellving, Daniela Sjunnesson, and Andy Johnston. No external investment committee or parent-entity approval layer is disclosed, meaning decisions rest with the operating partners who are also the firm's principals.

Node.vc sources through a network of prominent Nordic tech founders who back the firm as limited partners and refer opportunities from their own entrepreneurial circles. The partnership's operating track record — having personally built and exited technology companies — opens doors that a purely financial investor would struggle to access. A dedicated Venture Partner in Finland further extends local sourcing beyond the Stockholm headquarters.

Node.vc is structured as an independent venture capital firm, not a family office. It raises external capital, primarily from Nordic tech founders, and invests it into early-stage startups. The firm's own website describes it as a "private equity firm" targeting the European early-stage market, and its team composition reflects a traditional VC partnership rather than a single-family investment office.

Node.vc has not publicly disclosed making commitments to other fund managers. All disclosed activity — including recent 2025 investments in Kreia, Redpine, Emfas, and Telgea — consists of direct equity investments into early-stage operating companies. The firm's operator-centric model is built on direct engagement with founders, not a fund-of-funds strategy.

Node.vc invests at the early stage, with a focus on startups that have a product or technology in development and are ready for initial institutional capital. The firm's own self-description is "early-stage venture capital," and its 2024–2025 portfolio additions — companies exiting stealth or raising seed and Series A rounds — confirm this operational focus on pre-revenue to early-commercial stages.

Node.vc has not published a list of excluded sectors and describes itself as sector-agnostic. However, its disclosed portfolio shows no activity in heavily regulated domains such as defense, nuclear energy, pharmaceuticals, or adult-use substances. The observable concentration is on digital platforms, AI infrastructure, climate-adaptive hardware, and enterprise software, suggesting a preference for asset-light, technology-first business models.

Node.vc is a separate legal entity from any former operating businesses the partners founded or led. The firm leverages its partners' track records — including IPOs and large-scale engineering management — as credentialing and a sourcing advantage, but there is no disclosed corporate parent or legacy operating company that owns the management company.