Swedish venture capital firm Node.vc has successfully closed its first fund, raising €71 million to invest in startups across the Nordics and Baltics. The fund aims to leverage the expertise of its team, which includes 70 founders among its limited partners. Node.vc plans to focus on sectors such as entertainment, work, and platform technologies, with an average investment of €1.3 million per startup. The firm believes that the recent layoffs in Scandinavian unicorns may provide a wealth of available talent for emerging startups. Node.vc is optimistic about the potential of AI in transforming industries.