MRRPhysical AI
intelligence
← Capital intelligence

INV Venture capital

Northzone

Northzone Ventures
Visit website View graph

Multi-stage European VC with $3.1B+ AUM investing from seed to growth; founded in Oslo in 1996 with primary hub now in London; backed Spotify and Klarna; portfolio spans AI, climate-tech, and autonomous logistics.

HeadquartersLondon, GB
Portfolio5 companies
Cited round volume$529M
Cited rounds9
01

Physical AI portfolio

Round-by-round participation

EinrideRobot maker · registered · corporate
2022-12-07Series C$200MSource
2021-05-06Series B$110MSource
02

Source ledger

8 unique public sources

01
AirForestry Secures SEK 28M Pre-Commit to the Series A, Ramps Up Engineering Hires (SEK 28M ≈ $2.7M at Feb-2026 SEK/USD ~0.096; structured as convertible note)AirForestry · retrieved 2026-07-05
02
€10.3M Seed Round to Power AirForestry’s Fossil Free Aerial Forestry (includes €1.7M grant from Swedish Energy Agency / Energimyndigheten; €10.3M ≈ $11.2M at Oct-2024 EUR/USD ~1.09)AirForestry · retrieved 2026-07-05
03
Genesis AI launches with $105M seed funding from Eclipse, Khosla to build AI models for robotsTechCrunch · retrieved 2026-07-05
04
Bedrock Ocean dredges up $25M to map the seafloor with robots (Series A-2 extension)TechCrunch · retrieved 2026-07-05
05
Bedrock's autonomous ocean-mapping ambitions score $25M as renewables riseTechCrunch · retrieved 2026-07-05
06
Bricklaying robot startup Monumental emerges from stealth with $25 million funding roundFortune · retrieved 2026-07-05
07
Einride raised $200m in Series C equity funding from Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure and Norrsken VCNordic 9 · retrieved 2026-07-05
08
Einride Raises $110 Million Series B to Accelerate the Future of Freight MobilityEinride · retrieved 2026-07-05