Arctic15 Funding Program

Smart cross-border investments for the most promising Nordic & Baltic startups

Arctic15 Funding Program gives opportunity to Nordic & Baltic pre-seed and seed startups for a syndicate deal from angel investors.
Program is organized in collaboration with FiBAN and the Nordic Angel Program.

Next Funding Program will be starting in spring 2019.



Stage: Pre-seed or seed stage startups.
Region: From Northern Europe
When: Aim to close their funding round within the next three to four months
Type Of An Investment: Cross-border syndicate with angel investors from the Nordics & Baltics



An opportunity for a smart investment from the Nordic and Baltic angel investors
Feedback and an expanded network regardless of the result.
Nordic & Baltic Exposure to investors, potential partners and media
Stage Time at Arctic15

1. Getting into the Program

March 14 – April 10th

The first stage is a no-brainer and really quick. Once you have provided your contact information, we will invite you to create an account and provide your company information on the co-investment platform Startup Includer and that’s it. Once on the platform, investors will screen startups, show their interest and join forces with fellow investors for making a group investment. At this stage, we will not ask too many questions, so its very simple to apply.

2. Let’s Get Serious

April 10th – May 10th

After the application deadline, we will screen the applied companies and will send additional questions and information for you to fill out. We aim to make this process simple, but also educational and useful to both startups and investors. We will select our favorite startups to also be featured in CoFounder magazine.

3. Public Voting

May 1st – May 10th

Selected startups will enter a period of public voting. Everyone will get a chance to vote for their favorite company from the Nordics and Baltics. The ability of a team to gather a buzz around themselves is a strong indication of their ability to succeed and gain traction. The voting results will not only be shared with all the investors, but the results themselves will act as if they were a voting investor on the jury.

4. Due Diligence Process & Negotiation

May 10th – 22nd

Unlike many other programs, we want to make sure that the investors are the right match for our startups. Therefore, we will encourage a due diligence process that will go both ways. This is not only about investors choosing the right startups, but also vice-versa.

At this stage, we will also bring out the paperwork and will begin negotiating the Term Sheets. Only companies that are serious and ready to sign will be taken to the finals.

5. The Meetup

May 14th

Now it’s time to meet and make your relationships stronger. We will organize a startup & investor meetup on May 14th in Helsinki. This meetup can also be joined remotely.

6. Media Announcement Of Finalists

May 24th

It is important that we take good care of our top15 finalists, so we will start by making their names known to as many media outlets as possible and will also be sharing the news on

7. Arctic15

May 30 – May 31st

All Arctic15 investors will be invited to invest into our top15 finalists and to show their commitments directly at the event with the help from the co-investment platform Startup Includer. At the minimum one investment will be made by the Nordic Angel Program investors and possibly a total of 15 investments.
The Top15 startups will also have a chance to pitch on one of the main stages at the event, but perhaps most importantly – Deal Room matchmaking tool will be encouraging every investor to book 1-on-1 meetings with our finalists.

8. Follow up Training

Training session about growth tools and building up a board for both investors and startups.

Note – If you get into the TOP15, you will get one free ticket to the event.