11 Nordic angel investors start Nordic Makers for $1-3M investments in Scandinavia every year.

"If you come in when the company has been around for five years, it is about scale, grow internationally, bring in senior people and build organizational structures. The first few years, it is very important to bring in people who have the right attitude and drive and find a product to suit the market. "

Investors alone account for each investment and all members of the Nordic Makers do not stand behind every deal. But all companies have access to entrepreneurial stellar network and expertise, is the idea.

Each investment will land at between 1 and 2 million SEK, which Erik Byrenius, one Swede among the 11 founders, describes as a major angel rounds.

Each year the group expects to invest between 10 and 30 million SEK. It is important that the companies possess great potential and a corporate DNA life that all employees enjoy, something Erik Byrenius.

all of the above quotes were translated from here.

Original story