Superhero Capital

Superhero Capital Superhero Capital, founded in Finland, launched its Fund IV with a €50M target in January 2025, backed by Elo Mutual Pension and Finnish state VC Tesi. The firm focuses on software-driven startups in what it calls the "New Nordics", Finland and the Baltic states, with ticket sizes between €50K and €1M at seed stage. The portfolio of 60 startups, with 37 receiving follow-on funding and 218 founders backed, reflects a high-volume seed strategy concentrated primarily in Finland (30