The answer to that question for an individual startup is always “it depends”, but in general Alliance VC believes that the Nordic seed market has been open for business in the first half of 2024 and that valuations have been higher than in the second half of 2023. The higher valuations have been driven by strong interest in startups with very strong teams that are using AI to build new generation products for large markets that have initial traction (e.g. Leya Law and similar companies).
We shared our thoughts in slightly longer format on LinkedIn.
