Founded in 1999, Holtron Ventures focused on investing in seed-stage, early-stage, and later-stage companies in the information technology and TMT sectors in Denmark, Finland, Iceland, Norway, and Sweden. The firm had a preference for startups that were 6-10 years old and had specific favorite founders in its portfolio. It typically invested in deals ranging from $1-5 million and was most active in 2001, although it averaged less than 2 deals per year. The firm often co-invested with Nokia Venture Partners and had notable sponsors such as Zouk Capital, Texcel International, and Terje Laugerud. In subsequent funding rounds, the firm received investment from Sapphire Ventures, Red Hat, and Intel Capital. However, Holtron Ventures eventually went out of business.