# Nordic Impact Funds

> Nordic Impact Funds is a VC fund in Copenhagen backing Software, AgTech and Finance. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Copenhagen, Denmark
- Total investments: 4
- Last investment: Sep 2025
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/nordicimpactfunds
- Website: https://www.nordicimpactfunds.com/

Nordic Impact Funds is a VC fund in Copenhagen focused on Software and AgTech. Nordic Impact Funds is to improve quality of life for low income people by capitalizing enterprises with social impact.

## Round sizes

| Stage | Round size |
| --- | --- |
| Pre-Seed | $300k–$1.5M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 50% |
| AgTech | 1 | 25% |
| Finance | 1 | 25% |
| Agriculture | 1 | 25% |
| Personal Finance | 1 | 25% |

9 industries tracked in total.

### Stage

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

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Uganda | 3 | 75% |
| Tanzania | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MazaoHub | MazaoHub is a AI-powered end-to-end farm management company. | $1.5M | Pre-Seed | Sep 20, 2025 |  |
| REXIAL | REXIAL is automating direct debit by enabling merchants to collect recurring payments from their customers securely via ACH payments at a fraction of fees on credit or debit cards. |  | Pre-Seed | Sep 04, 2023 |  |
| ChapChap Africa | ChapChap Africa develops software that aims to help improve service delivery to under-served communities. ChapChap is a smartphone powered platform that’s helping small businesses stay afloat and thrive by introducing them to the digital age of doing business. |  | Seed | Feb 08, 2022 |  |
| XENO | XENO is an investment management platform that helps people to plan, save, and invest in financial goals. XENO was founded in 2016 and was headquartered in Kampala, Uganda. | $300K | Pre-Seed | Apr 21, 2020 |  |

4 of 4 investments shown.

## Co-investors
- [Catalyst Fund](https://shizune.co/investors/profile/catalyst-fund) — VC Fund, 2 deals together
- [DOB Equity](https://shizune.co/investors/profile/dob-equity) — VC Fund, 1 deal together
- [elea Foundation for Ethics in Globalization](https://shizune.co/investors/profile/elea-foundation-for-ethics-in-globalization) — VC Fund, 1 deal together
- [Impacc](https://shizune.co/investors/profile/impacc) — VC Fund, 1 deal together
- [Mercy Corps Ventures](https://shizune.co/investors/profile/mercy-corps-ventures) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SVG Ventures](https://shizune.co/investors/profile/svg-ventures) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Omnivore](https://shizune.co/investors/profile/omnivore-partners) — VC Fund

### Similar stage
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### Similar country
- [Pearl Capital Partners](https://shizune.co/investors/profile/pearl-capital-partners) — VC Fund
- [Women Entrepreneurship for Africa](https://shizune.co/investors/profile/women-entrepreneurship-for-africa) — VC Fund
- [Hesham Zreik](https://shizune.co/investors/profile/hesham-zreik) — Angel Investor

## Featured in investor lists
- [All Investors in Uganda](https://shizune.co/investors/investors-uganda)
- [All VC Funds in Uganda](https://shizune.co/investors/vc-funds-uganda)
- [Financial Services Investors in Uganda](https://shizune.co/investors/financial-services-investors-uganda)
- [Financial Services VC Funds in Uganda](https://shizune.co/investors/financial-services-vc-funds-uganda)
- [Software Investors in Uganda](https://shizune.co/investors/software-investors-uganda)
- [Software VC Funds in Uganda](https://shizune.co/investors/software-vc-funds-uganda)

## FAQ

### What does Nordic Impact Funds invest in?

Nordic Impact Funds invests primarily in Software, AgTech and Finance startups, most often at Pre-Seed and Seed stage. Most of the 4 investments tracked by Shizune back companies in Uganda. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Nordic Impact Funds's check size?

Nordic Impact Funds typically joins rounds of $300k–$1.5M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Nordic Impact Funds participates in.

### When did Nordic Impact Funds last invest?

The most recent investment recorded for Nordic Impact Funds closed in Sep 2025. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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.

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