Before moving into venture capital, Magnus taught himself machine learning while working at Natural Cycles, building deep-learning models on fertility data, and he later became known as an early backer of Lovable; his path also took him from founding a startup accelerator in Perth, Australia, to BCG in Australia and Switzerland, then into Swedish femtech before landing in Nordic venture. Outside of investing, he builds things like generative art and a project that turns weather into sound, runs a site called antirender.com, and gives 10% of his income to Effective Altruism-aligned charities through Giving What We Can.
About their Fund
Sectors
SaaS, Fintech, AI, Climate, Health
Rounds
Pre-Seed - Seed
Avg Check Size
€500K–€4M
Notable Investments
byFounders is built around a formal Collective of 65+ Nordic and Baltic founders and operators who support its portfolio companies, and it treats ESG and impact as part of how the fund itself is designed, not just a screening step. It focuses on backing globally ambitious founders from the Nordic and Baltic region, aims to build bridges to places like Silicon Valley, and is unusually open about sharing its internal culture and values, including practical, founder-written advice on topics like pricing and product-market fit.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
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+
7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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