byFounders

Quick read

byFounders is a community-powered early-stage VC founded in 2017 and headquartered in Copenhagen, Denmark. It backs globally ambitious founders with a Nordic or Baltic connection, deploying capital alongside a 'Collective' of accomplished regional entrepreneurs who provide hands-on support. The firm uses an '8 T Investment Framework' and has backed at least one unicorn across its portfolio.

Key facts

Founded

2017

Founders

Eric Lagier, Tommy Andersen

Employees

9

Sectors

generalist

Website

www.byfounders.vc

Investment thesis

byFounders backs early-stage, globally ambitious founders with a Nordic or Baltic connection, combining capital with a Collective of seasoned regional entrepreneurs who co-invest and actively support portfolio companies.

Recent activity

• May 2026investment
  byFounders added Spiral Hydrogen to its portfolio on April 30, 2026 — the startup raised €2.7M for its bubble-free electrolyser technology. crunchbase.com
• May 2026investment
  Cloudgeni, an Oslo-based startup building AI agents for secure cloud infrastructure, raised €858k in a seed round with byFounders participating. eu-startups.com
• May 2026investment
  byFounders portfolio page listed a new investment dated May 19, 2026 in a company described as 'the agentic OS for mobile apps' — name not yet disclosed. byfounders.vc
• Apr 2026investment
  Helsinki-based AI infrastructure company Verda raised €100M, with byFounders as a backer. Verda plans to hire 100+ people by year-end. eu-startups.com
• Apr 2026investment
  Danish startup Flare raised €3.6M to build knowledge-validation infrastructure, with byFounders among the investors alongside 20VC Fund and Stack Overflow. tracxn.com
• Feb 2026product
  byFounders launched an Angel Collective — a separate tier of next-gen Nordic and Baltic operators given capital to write checks for the first time. Named members include Tony Beltramelli (Miro) and Matias Salonen (Lovable), plus two undisclosed angels. mindbento.com
• Feb 2026investment
  Willo raised €2.9M in a pre-seed round with byFounders participating alongside Unruly Capital, Interface Capital, and Wave Ventures. tracxn.com
• May 2026investment
  byFounders backed a new portfolio company described as 'the agentic OS for mobile apps'. byfounders.vc
• Apr 2026investment
  byFounders invested in a hydrogen production startup, with the deal described as a 'New Paradigm of Hydrogen Production'. byfounders.vc
• Apr 2026investment
  byFounders backed Flare, a Danish startup raising €3.6M to build trust infrastructure for verifying information online, co-investing with 20VC Fund among others. tracxn.com
• Mar 2026investment
  byFounders added a portfolio company focused on AI transforming how software gets built. byfounders.vc
• Feb 2026leadership
  Peik joined byFounders' Stockholm office as a new addition to the investment team. byfounders.vc

Notable investments

• Spiral HydrogenSeedApr 2026crunchbase.com
• CloudgeniSeedMay 2026eu-startups.com
• VerdaSeries AApr 2026eu-startups.com
• FlareSeedApr 2026tracxn.com
• WilloPre-SeedFeb 2026tracxn.com
• Agentic OS for mobile apps (name undisclosed)undisclosedMay 2026byfounders.vc
• Hydrogen production startup (name undisclosed)undisclosedApr 2026byfounders.vc
• Flareundisclosed (€3.6M total)Apr 2026tracxn.com
• WilloPre-Seed (€2.9M)Feb 2026tracxn.com
• IntricPre-Seed ($452M)Feb 2026startupintros.com
• PreplySeries D2026linkedin.com
• TangledSeed2026linkedin.com

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

• Eric Lagier · Founder & Managing Partner
  LinkedIn
• Tommy Andersen · Co-Founder
• Henrik Rosendahl · Team Member
• Sara Rywe · Partner

Sources

• byFounders | LinkedIn
• byFounders – Investors Database – Unicorn Nest
• byFounders - Crunchbase Company Profile & Funding
• Byfounders - 2026 Investor Profile, Portfolio, Team & Investment Trends - Tracxn
• byFounders | EU-Startups
• ByFounders | Investor Profile, Funding Criteria & Team
• Eric Lagier - Founder & Managing Partner at byFounders
• https://www.linkedin.com/in/ugne-musneckyte-987778137/
• https://www.linkedin.com/in/tommi-walther-cfa-5584b/
• https://www.linkedin.com/in/juusokoskinen/
• https://www.linkedin.com/in/peikberg/
• https://www.byfounders.vc/portfolio
• https://www.byfounders.vc/insights
• https://startupintros.com/orgs/byfounders
• https://www.crunchbase.com/organization/byfounders/news_and_analysis
• https://www.eu-startups.com/tag/byfounders/
• https://mindbento.com/byfounders/announcing-byfounders-angel-collective

Other VCs in Denmark

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• Norvestor · Growth equity, Copenhagen + Oslo·
• Northcap · Early-stage VC, Copenhagen·
• Sunstone Life Science Ventures · Healthcare VC, Copenhagen

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Frequently asked