# Nordic Makers

Nordic Makers is a Private Equity based in Copenhagen, Denmark.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Copenhagen, Denmark
- **Region:** Europe
- **Address:** Copenhagen, Denmark
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** www.nordicmakers.vc
- **LinkedIn:** https://www.linkedin.com/company/nordic-makers-vc

## Regulatory record

- **Reports private funds:** No

## About

Nordic Makers are entrepreneurs who have built unicorns and now invest their own money in Nordic startups. They bring founder experience and capital to help the Nordics compete globally. They invest in pre-seed and seed stage Nordic B2B software companies and provide founder-led support.

## Sectors

- Enterprise Software
- AI/ML
- Energy Transition & Renewables
- PropTech

## People

- Nima Tisdall — CEO
- Michael Seifert — Co-founder at Nordic Makers
- Alexander Aghassipour — Co-founder at Nordic Makers
- Martin von Haller Grønbæk — Co-founder at Nordic Makers
- Klaus Nyengaard — Co-founder at Nordic Makers
- Moaffak Ahmed — Co-founder at Nordic Makers
- Lars Fløe Nielsen — Co-founder at Nordic Makers

## Questions

### Who runs investment decisions at Nordic Makers?

Decisions are made collectively by the general-partner group of Nima Tisdall, Alexander Aghassipour, Michael Seifert, Lars Fløe Nielsen, Klaus Nyengaard, Martin von Haller Grønbæk, and Moaffak Ahmed. Each partner brings direct founder-operator experience from at least one Nordic unicorn. There is no external investment committee.

### Does Nordic Makers operate more like a venture firm or a syndicate?

It describes itself as a group of entrepreneurs investing their own money rather than as venture capitalists. Operationally it functions as a small, internal-capital venture firm — writing structured seed checks with follow-on reserves — but its architecture lacks the LP-return mandate of a traditional fund.

### Does Nordic Makers participate in fund commitments or only direct deals?

The firm only makes direct equity investments into operating companies. Its disclosed activity shows no fund-of-funds commitments, secondary positions, or SPV aggregations.

### What investment stages does Nordic Makers target?

Pre-seed and seed. The firm writes initial checks of €500K to €1M and explicitly states it follows on in later rounds. It does not lead Series A or growth-stage rounds but reserves capital to maintain pro-rata positions.

### Where does the underlying capital come from?

Personal liquidity events from the founding and scaling of Zendesk (acquired for $10.2B), Sitecore (valued at $1.1B in 2016), and Just-Eat (IPO at £1.47B market cap), among other exits. The firm does not manage outside limited-partner capital.

### How does Nordic Makers source deals?

Through the Nordic founder networks of its partners — built over decades of operating Zendesk, Sitecore, and Just-Eat — and via community infrastructure such as the Slush conference (board representation) and the Copenhagen startup ecosystem (co-creator of CPHFTW). It does not disclose a scouting program or external sourcing partnerships.

## Related profiles

- [Nordic Investment Bank](https://altss.com/profile/nordic-investment-bank)
- [Nordic Mezzanine](https://altss.com/profile/nordic-mezzanine)

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Last updated: 2026-08-11T15:07:34.613Z

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