Write. Publish. Repeat.

First day of 2023. My ambition is to write something everyday this year. Even if it might be both short and not terribly groundbreaking most days, I think writing something each day will lead to more interesting writing overall.

For startups in Stockholm and Sweden/Nordics at large, I believe 2023 will be quite a good year for companies raising pre-seed and seed rounds as a new fundraising environment establishes itself.

For Series A and beyond I think it will be messier as it will take longer (second half of the year) to establish a stable new baseline for valuations and terms. Especially as there will be a bunch of companies that raised on great valuations in 2020 and 2021 that will have to raise new capital. Many on worse terms and/or valuations than the previous round.

Author: Henrik Torstensson

Partner at Alliance VC. Investing in Nordic early-stage tech startups.

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