Superhero Capital Newsletter #2

Investing in Tech Superheros in the New Nordics.

Milda Milaknyte
April 03, 2025

Superhero Capital Team

What’s New at Superhero Capital…

The signal lit up again- and here we are. Welcome to the second issue of the Superhero Capital newsletter, your inside look at the bold bets and bigger stories shaping our journey in the New Nordics.

We’ve had a busy start to the year - and we wouldn’t have it any other way. From new investments to big milestones, 2025 is already shaping up to be a year of serious momentum.

In this edition, we’re pulling back the curtain on what we’ve been up to: new portfolio superheroes, events that mattered, and the ideas pushing the New Nordics forward. If the first quarter is any sign, this ride’s only getting wilder.

-Superhero Capital Team

🚀 New Investment Spotlight:

Behavix Secures $2.5M in Seed Funding to Disrupt Behavioral Data Market

💡 Behavix uses AI to deliver real-time, privacy-compliant consumer insights. New funding will boost partnerships, AI, and product development.

📰 Read more about the investment.

Koll Secures €400K to Launch Its App on the International Market

💡 Koll’s phone app aims to solve the biggest problems of today’s telecommunications by offering a completely new way to make and receive calls.

📰 Read more about the investment.

🦸 Superheroes in Action

New funding rounds and spotlight moments from across the portfolio…

Videobot raises €2.8 million to merge short videos and chatbots;
TheStorage secures additional 1.15M€ from Business Finland, expanding total funding to €2.15M;
Zenniz raises €2M to expand smart tennis tech into U.S. and Europe;
Cactos raises €7M in a funding round led by Union Square Ventures to boost its battery energy storage system portfolio;
Nordic Sustainable Fashion Pioneer Zadaa Acquired by Bought;
Flow Computing and Hamina Wireless Named One of Finland’s Most Promising Startups by Talouselämä;
XCEED has been officially ranked #158 in the Financial Times FT1000: Europe’s Fastest Growing Companies 2025.
CyberUpgrade Live at Finovate Europe 2025: Revolutionizing Compliance for Financial Institutions

Highlights from
The Warm-up 📸

To kick off TechChill week, we teamed up with Vendep Capital and BADideas.fund for a fun pre-event filled with bold ideas and great conversations. But the real highlight? Our signature tradition - the sauna.

Founders and VCs pitched side by side in the heat, proving that if you can handle the sauna, you’re ready for anything the startup world throws at you. Huge thanks to everyone who joined - we couldn’t have asked for a better start to TechChill!

💡 Stay Inspired

Why We Invest in Happy Founders: The Nordic-Baltic Blueprint for Entrepreneurial Superheroes

Nordic & Baltic founders aren’t just building fast- they’re building smart. With a strong sense of balance, they know that resilience comes from recharging, not just grinding.

📰 Read the article by Gytenis Galkis

Building Moats in the Age of AI. Beyond Big Models: The Three Pillars of Sustainable AI Advantage

Everyone’s bracing for the next AI breakthrough - but what if the real disruption isn’t the model? The future belongs to those building smarter systems around it.

📰 Read the article by Ernests Stals

Stay updated on our latest fund news!

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