Early-stage VC byFounders closes €100M fund to back Nordics and Baltics startups

ByFounders, a relatively new early-stage venture capital firm targeting the Nordic and Baltic regions of Europe, is officially launching its first fund today.
The debut fund has closed at €100 million and will be used to back tech startups at pre-seed, seed and in some instances Series A. ByFounders will also do follow on investments to maintain pro-rata ownership in its most promising portfolio companies.
However, what perhaps makes byFoundersstand out from the crowd is its LP structure. A