<ul data-eligibleForWebStory="false"><li>Oslo-based VC firm Alliance VC announced a first close of €40 million for its Alliance Nordic III fund, with a target of €100 million to support Nordic-founded global technology leaders.</li><li>Alliance Nordic III is backed by Limited Partners like Saminvest, KLP, Investinor, Smedvig, and Telenor, focusing on companies that merge AI technology with real-world impact.</li><li>Alliance VC, founded in 2001, invests in technology startups across the Nordic region and has partners in Stockholm, Oslo, and Copenhagen, emphasizing a partner-first principle in their operations.</li><li>With a mission to empower visionary teams to scale globally, Alliance VC aims to invest in AI-driven startups and contribute to the rapidly growing Nordic tech ecosystem valued at €468 billion, positioning itself as a key player for upcoming technological innovations.</li></ul>

Norwegian VC firm Alliance VC announces €40 million close for new fund to back technology leaders from the nordics

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