Observed Signal · Sep 10, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
EIF Commits €30M to Nordic Foodtech VC for Agrifood Startups
The European Investment Fund (EIF) is committing up to €30 million to Nordic Foodtech VC's second fund, NFT.VC Fund II, helping it reach a total target size of €80 million. The Helsinki-based VC firm, founded in 2019 with offices in Helsinki and Copenhagen, will invest in around 30 early-stage AgriTech companies across Northern Europe, focusing on pre-seed and seed-stage ventures in sustainable food, agriculture, health, aquaculture, and biosolutions. The EIF investment, backed by the InvestEU program and co-funded by the European Maritime, Fisheries and Aquaculture Fund and EIB Risk Capital Resources, aims to attract additional private investors. Fund II achieved a first closing of €40 million in April 2025. Nordic Foodtech VC's first fund, launched in 2020, invested in 18 companies across the Nordic and Baltic regions.
Significant for the agrifood tech sector but limited direct relevance to AdTech/MarTech; represents a notable VC fund investment in Northern Europe.
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Key Takeaways & Evidence Grounding
- The EIF is investing up to €30 million in Nordic Foodtech VC's second fund, NFT.VC Fund II.
- The fund's target size is €80 million, with a first closing of €40 million in April 2025.
- The fund will invest in about 30 early-stage AgriTech companies in Northern Europe, focusing on pre-seed and seed-stage ventures.
- The EIF investment is backed by the InvestEU program, with co-funding from the European Maritime, Fisheries and Aquaculture Fund and EIB Risk Capital Resources.
- Nordic Foodtech VC's first fund, launched in 2020, invested in 18 companies.
Connected Companies & Entities
2 Entities mapped“The European Investment Fund (EIF) is committing up to €30 million to a Finnish venture capital fund.”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
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