# Nordic Angel Program

> Nordic Angel Program is a VC fund backing Apps and Software. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Total investments: 4
- Last investment: Jul 2019
- Lead investor: 50%
- Last updated: Aug 2026
- Website: https://www.nordicangelprogram.com/

Nordic Angel Program is a VC fund focused on Apps and Software. Nordic Angel Program operates as an international cross-border training and investing program for business angels. It facilitates cross-border angel syndicates and shares angel investment practices. Nordic Angel Program provides a channel to build relations with these active local angels and together evaluate and invest in potential growthcompanies. The firm's program in each country lasts approximately three months including practical training about startup evaluation and the investment process for cross-border angel syndication. Each program varies slightly observing the different country regulations and services available for angels but ending with a dynamic investment group, valuable for both the investors and the investment target.

## Contacts

5 contacts available for Nordic Angel Program. Shizune tracks 1 team members at Nordic Angel Program. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/nordic-angel-program?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 2 | 50% |
| Software | 2 | 50% |
| Productivity Tools | 2 | 50% |
| Information Technology | 2 | 50% |
| B2B | 1 | 25% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 75% |
| Angel | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 1 | 25% |
| Estonia | 1 | 25% |
| Finland | 1 | 25% |
| United Kingdom | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Raimo Linnanvirta | Investor | 2 | https://shizune.co/investors/profile/raimo-linnanvirta |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Fractory | Fractory manufacturing marketplace provides a one-stop shop to discover, compare, and fulfil production orders regardless of batch size. For companies with specialised laser-cutting equipment, Fractory optimises the use of available capacity to accelerate ROI of expensive machinery investments. Save time and get the price in seconds with ouronline automated quoting system. No more back-and-forth emails and phone calls. | $1M | Seed | Jul 25, 2019 | https://fractory.com |
| Zelos Team Management | Zelos is a task management app for large teams and communities to self-organize. We offer monthly and yearly licences for organizations to keep their community active and engaged. Ideal for gig work and community engagement. | $354K | Seed | May 20, 2019 | https://x.com/Zelos_App |
| GlucoSet | GlucoSet is medical device company that is developing sensor technology for improved glucose control in intensive care units.Blood glucose levels are elevated and unstable in hospital intensive care unit (ICU) patients. This leads to costly infections, increased length of stay and mortality. The GlucoSet intravascular sensor delivers continuousand accurate information on patient's blood glucose level, enabling normalization of glucose levels, without the risk of sudden and dangerously low glucose levels. | $66K | Angel | Sep 11, 2018 | http://glucoset.com |
| Screenful | Screenful is the easiest way to visualise and share your project progress using data from your existing tools. Get a quick overview of your team's status on your smartphone or tablet. Maximize the effect by installing a large visible display. | $331K | Seed | Sep 06, 2018 | http://screenful.com |

4 of 4 investments shown.

## Co-investors
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 2 deals together
- [Superhero Capital](https://shizune.co/investors/profile/superhero-cap) — VC Fund, 2 deals together
- [Atlassian Ventures](https://shizune.co/investors/profile/atlassian-ventures) — VC Fund, 1 deal together
- [Contriber Ventures](https://shizune.co/investors/profile/contriber) — VC Fund, 1 deal together
- [FiBAN - Finnish Business Angels Network](https://shizune.co/investors/profile/fiban-finnish-business-angels-network) — VC Fund, 1 deal together
- [Gorilla Capital](https://shizune.co/investors/profile/gorilla-capital) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Qiming Venture Partners](https://shizune.co/investors/profile/qiming-venture-partners) — VC Fund
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Investinor](https://shizune.co/investors/profile/investinor) — VC Fund
- [Skyfall Ventures](https://shizune.co/investors/profile/skyfall-ventures) — VC Fund

## Featured in investor lists
- [Enterprise Software VC Funds in Finland](https://shizune.co/investors/enterprise-software-vc-funds-finland)
- [Artificial intelligence Investors in Finland](https://shizune.co/investors/artificial-intelligence-investors-finland)
- [Medical Device Investors in Norway](https://shizune.co/investors/medical-device-investors-norway)
- [Health Care VC Funds in Norway](https://shizune.co/investors/health-care-vc-funds-norway)
- [Medical Investors in Norway](https://shizune.co/investors/medical-investors-norway)
- [Medical VC Funds in Norway](https://shizune.co/investors/medical-vc-funds-norway)

## FAQ

### What does Nordic Angel Program invest in?

Nordic Angel Program invests primarily in Apps, Software and Productivity Tools startups, most often at Seed and Angel stage. Most of the 4 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Nordic Angel Program?

Public channels for Nordic Angel Program include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Nordic Angel Program?

The team at Nordic Angel Program includes Raimo Linnanvirta (Investor). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co
