Nordics
Continent / region · Europe · Pop. 28.3M · #17 region by EV
Largest rounds
Largest funding rounds in Nordics
A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into Nordics-headquartered companies, grouped by Dealroom sector.
Largest rounds in Nordics - 2026
Top sub-locations
Inside Nordics: top 5 sub-locations
Sub-locations inside Nordics ranked by combined enterprise value, paired with their 5-year growth multiplier.
Startup funnel
Nordics's power-law funnel
From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.
* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.
VC investment
How much venture capital flows into Nordics
VC investment into Nordics-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.
Notable companies
Top private companies in Nordics
Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.
Academia
Nordics's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Nordics.
Location comparison
How Nordics stacks up
Compare Nordics with peers from other continents / multi-country regions — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top regions globally ranked by combined EV. Nordics's row is highlighted (#7).
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | World | $44.1T | 5.8× | 3,634 | $444B | 288.9K |
| 2 | North America | $31.5T | 6.8× | 2,136 | $290B | 122.2K |
| 3 | Asia | $8.9T | 4.0× | 916 | $85.5B | 74.2K |
| 4 | EMEA | $4.6T | 4.7× | 857 | $84.1B | 89.8K |
| 5 | Europe | $3.8T | 4.4× | 689 | $67.9B | 75.5K |
| 6 | European Union | $2.3T | 4.4× | 410 | $37.3B | 48.5K |
| 7 | Nordics | $581B | 5.1× | 105 | $8.2B | 8,196 |
| 8 | South America | $502B | 11.3× | 69 | $4.7B | 8,638 |
| 9 | Oceania | $368B | 10.6× | 51 | $5.4B | 5,662 |
| 10 | Central Eastern Europe | $193B | 5.2× | 58 | $2.3B | 7,162 |
| 11 | MENA | $142B | 12.4× | 33 | $5.9B | 4,435 |
| 12 | Africa | $73.6B | 10.7× | 14 | $1.7B | 4,526 |
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Nordics dataset — or see a sample on the Dealroom app.
Get the full Nordics ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.