Neil S W Murray got his start as a journalist covering the Nordic startup scene, moving from the UK to Denmark in 2013 and starting The Nordic Web to document a region he felt was underreported, which eventually led venture capitalists to ask him which founders were raising money and pulled him into investing himself. At The Nordic Web Ventures he keeps his funds intentionally small, capping Fund III at $6 million despite having more than $20 million of interest, and outside investing he built the Playmaker app after ranking around 1,000th out of more than 7 million fantasy football players worldwide and growing a fantasy football Twitter account from a handful of friends to nearly 20,000 followers in a year.
About their Fund
Sectors
SaaS, Devtools, AI, Fintech, Consumer
Rounds
Avg Check Size
Notable Investments
The Nordic Web Ventures is a solo GP fund run by Neil Murray, who writes first checks into founders building markets that don't yet exist in consensus terms, backs Nordic AI-native, robotics, and physical-world startups at either the very early or larger internationally led stage, and relies on over 100 LPs for dealflow instead of a partner committee. Murray deliberately caps fund size despite strong demand, points to Fund I tracking at a 10x multiple and over half of past founders reinvesting in Fund III as proof of results, and traces the fund's roots to his media and community work at The Nordic Web, which built founder relationships years before the fund existed.
Other partners at the fund
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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
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12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
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7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
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2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
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2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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