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§ Venture Capital · Europe
Learn which startups Overkill Ventures invests in, what size check sizes they write, and who their partners are (e.g. David Ventzel).
Key people at Overkill Ventures.
Overkill Ventures functions as an early-stage venture capital fund, specializing in pre-seed and seed investments for B2B technology startups. The firm historically focused on identifying and nurturing nascent companies across the Baltics, Nordics, and Central and Eastern Europe. It provided capital and mentorship, guiding founders to achieve product-market fit and scale initial offerings.
The fund was established by General Partners David Ventzel, Peter Marculans, and Dmitry Saikovsky. Marculans leveraged entrepreneurial experience from numerous startups, while Saikovsky contributed M&A and family office investment expertise. Their insight recognized a need for dedicated early capital and guidance for ambitious founders in European regions.
Overkill Ventures’ portfolio includes 38 pre-seed startups. While the fund transitioned from direct new investments, its team now manages affiliated funds like Accelerace and New Nordic Ventures, extending its mission. The overarching vision remains to cultivate and empower innovative B2B software companies, driving their growth and impact across the European startup ecosystem.
Key people at Overkill Ventures.
Overkill Ventures has 9 tracked investments across 8 companies. The latest tracked deal is $5.0M Seed in Jabbr in October 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Oct 1, 2025 | Jabbr | $5.0M Seed | Buckley Ventures | Andreessen Horowitz, Seven Seven SIX, Akin Babayigit, MAX Mullen |
| Dec 1, 2023 | Tiny | $410K Seed | — | Buckley Ventures, Seven Seven SIX |
| Aug 1, 2023 | Jabbr | $750K Seed | — | Blackhorn Ventures, Jenny Fielding, Scott Hartley, Plug & Play Ventures, David Ventzel, Christian Dalsgaard |
| May 1, 2023 | WeedBot | $470K Seed | — | Nordic EYE, Spintop Ventures |
| Jan 1, 2021 | Dorothy | $260K Seed | — | Blackhorn Ventures, Jenny Fielding, Scott Hartley, Plug & Play Ventures |
| Jul 1, 2015 | Washa | $300K Pre-seed | — | — |
| Mar 1, 2015 | Donkey Republic | $300K Seed | — | — |
| Apr 1, 2013 | Bownty | $1.0M Seed | David Ventzel, Seed Capital | — |
| Sep 1, 2012 | Actimo | $900K Seed | — | — |
Overkill Ventures is a Nordics-based angel fund specializing in pre-seed investments in B2B tech startups across the Central and Eastern Europe (CEE) and Nordic regions. Their mission centers on supporting early-stage founders by providing not only capital but also resources, know-how, and network access to help startups achieve product-market fit and scale. The fund focuses primarily on B2B software and technology sectors, aiming to catalyze innovation in these geographies and strengthen the startup ecosystem by backing promising pre-seed ventures. Overkill Ventures has invested in over 38 startups, including notable portfolio companies like Fabcontrol and ApexQubit, and has achieved multiple exits, indicating a growing impact on the early-stage tech ecosystem in their target regions[1][2][4][5].
Founded in 2018, Overkill Ventures was established by a team of general partners including David Ventzel, Peter Marculans, and Dmitry Saikovsky, who bring experience from the Nordics and Baltic startup scenes. The fund evolved with a clear focus on the pre-seed stage, targeting startups that are just beginning to validate their business models in the B2B tech space. Their approach reflects a deep understanding of the challenges faced by early-stage founders in the Nordics and CEE, regions that have been rapidly developing their tech ecosystems but still require early capital and operational support to compete globally[5][6].
Overkill Ventures rides the wave of increasing innovation and digital transformation in the Nordics and CEE regions, which are becoming hotspots for tech entrepreneurship due to strong talent pools and growing investor interest. The timing is critical as these markets mature and startups require early-stage capital and expertise to scale internationally. By focusing on pre-seed B2B tech startups, Overkill fills a crucial funding gap, enabling founders to develop scalable solutions that address enterprise needs. This focus helps strengthen the broader ecosystem by fostering innovation, creating jobs, and attracting further investment to these emerging tech hubs[1][2][3].
Although Overkill Ventures is currently not making new investments directly, it continues to influence the ecosystem through sister funds like Accelerace (Copenhagen-based) and New Nordic Ventures (seed-stage focus in CIS and CEE). The fund’s future impact will likely come from these affiliated vehicles and its ongoing support of portfolio companies. Trends such as increased digitalization in enterprises, AI adoption, and cross-border tech collaboration will shape the startups they back. Overkill’s deep regional expertise and early-stage focus position it well to continue playing a pivotal role in nurturing the next generation of B2B tech leaders in the Nordics and CEE[5].
