Company Details

Fund type

VC

Team size

4

HQ location

Norway, Oslo

Other offices

No

VC advisor team

Peter Thiel, Kjartan Rist and others

VC classification​

Local, Jersey

INVESTMENT SCOPE

Investment stages

Seed, Series A

Average ticket size

USD 500,000 to 5 million

Startup geography

Nordics

EU impact classification

N/R

Verticals and technologies

All digital technology

SNÖ Ventures

Investing in early stage high-growth tech companies throughout the Nordic region and across multiple verticals

About

SNÖ Ventures is an Oslo-based venture capital firm investing in early stage high growth tech companies throughout the Nordic region. SNÖ has a mission to identify visionary Nordic founders and support them at every step of their global growth journey. SNÖ Ventures combines a strong local Nordic presence with an elite global network.

Portfolio

Portfolio size

14

Annual investments

5-8

Highlighted portfolio companies

Sky Mavis, PortalOne, Mentorcam

Exits

1

Active Funds

Fund

1
  • Launch year:
2018
  • Size (AUM):
USD 12 million
  • Investor involvement:
N/R
  • Fund management location:
Norway

Fund

2
  • Launch year:
2021
  • Size (AUM):
USD 100 million
  • Investor involvement:
N/R
  • Fund management location:
Norway

Asia Connection & Vision

We have extensive connections to Asia through our portfolio companies Sky Mavis and PortalOne. Sky Mavis is incorporated and has HQ in Vietnam, and has a Norwegian co-founder. PortalOne has several of its investors based in Asia, i.e. Temasek and Animoca Brands.

INVESTOR COLLABORATION

  • Lead investments:

Memory, Inzpire.me, Mentorcam, Stablegains, Ignite Procurement, Kitemaker, Be Your Best

  • Syndicate investments:

Sky Mavis, PortalOne, Confrere, Intellitech

  • Follow investments:

Memory, Inzpire.me, Ignite Procurement, Be Your Best, PortalOne

  • Co-investors:

Founders Fund, Tiger Global, Temasek, Accel, Andreessen Horowitz, Seedcamp, Coatue, Avenir, Atari, Signia, Paradigm, TQ, Y Combinator

UPCOMING FUND

Fund size

USD 100 million

Fund thesis

SNÖ Ventures combines a strong local Nordic presence with an elite global network, backed by Peter Thiel and other strong international LPs and co-investing with tier 1 global VC funds.

GET IN TOUCH WITH

SNÖ Ventures