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Alliance Venture

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Classification
Slugalliance-venture
HQOslo
Stage FocusAlliance only invests in pre-seed, seed and Series A stag…
Intel StatusAccepting submissions
🔥 BERNIE'S HOT TAKE

Alliance is the rare Nordic VC that actually walks the walk on 'founder-friendly' instead of just talking about it. From your very first meeting, you're speaking directly with a partner — no junior associates wasting your time. Every partner has equal voting power and they make decisions by majority, but they value passionate conviction when a partner pounds the table for a deal. The sustainability angle isn't just marketing fluff — they genuinely believe it drives long-term value creation. Their exit rate is 19 percentage points higher than average VCs, which suggests they know how to pick and support winners. With offices across the Nordics and strong ties to Silicon Valley, they're well-positioned to help ambitious founders scale globally.

KEY TAKEAWAYS
  • Best for: Nordic founders seeking hands-on partners who work directly with you, not through junior staff
  • Watch out for: Limited to early-stage only - they won't follow you past Series A
  • Known for: High exit rate, sustainability focus, and direct partner involvement from day one
Investment Thesis

Alliance invests in exceptional early-stage tech companies founded by entrepreneurs with global ambitions, based on their fundamental thesis that sustainability is an enabler for long term value creation and a catalyst for consistent compounding growth. They believe that investing in a founder is a mutual partnership, and they know that building great and valuable companies requires active support and takes time.

Stage & Sector Focus

Alliance only invests in pre-seed, seed and Series A stages. They focus on AI, fintech, and sustainable technologies across various sectors. Their typical investments range from $5-10 million with startup valuations typically in the $10-50 million range.

Notable Portfolio
AquabyteSanity.ioSuperside1XpoLightArundo AnalyticsScrimbaTana
Key Partners
Johan Gjesdahl
Managing Partner

Johan has invested in start-ups for more than a decade, was previously responsible for M&A and business development at TANDBERG ASA (acquired by Cisco for $3bn), and formed part of the management team of a London-based tech start-up during the dot com era.

Bente Loe
Partner

Bente has 20 years of investment and business development experience from venture capital and private equity, including board of directors' experience from several listed tech companies. She is passionate about women in tech and enjoys working with great founders.

Arne Tonning
Partner

Arne is an experienced venture capitalist with a special focus on new market expansion and international deal syndication, emphasizing the US after five years in Silicon Valley. He is a board member of the Norwegian Venture Capital Association and is most excited about partnering with ambitious AI, SaaS and deep tech founders.

Stine Mølgaard Sørensen
Partner

Stine founded her first company in 2013 and has been working with new technology, AI, and digital transformation for over a decade, leading one startup to a successful Silicon Valley exit. She is a co-founder of the award-winning health tech startup Radiobotics and sits on Innovation Fund Denmark's investment panel.

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INVESTOR ACCESS PERMANENTLY DENIEDBERNBOOK // DOSSIER v1