ProVenture
Venture capitalTrondheim · Pre-Seed–Series A · 6 people tracked
Investment thesis
ProVenture backs entrepreneurs building transformative technology companies that solve real problems using digital technology. Run by people who have built, scaled, and exited global tech companies, the firm positions itself as a trusted partner offering more than capital, combining operational expertise with strategic insight. It works alongside founders from first steps through exit, aiming to deliver meaningful outcomes for both founders and its investors. Since 2006 it has partnered with over 100 founders, with team involvement in more than 50 exits and 3 IPOs.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from public directoriesWhat they invest in
from 18 of 24 portfolio companiesHardware ×10Energy ×7Deep Tech ×6SaaS ×5Cleantech ×4AI & Machine Learning ×3Robotics ×3Data & Infrastructure ×2
HQs:Norway×10
Investments · 24 tracked
founders shown can be your intro pathCardboard offers a SaaS platform for managing software subscriptions and expenses, including card issuing for secure purchasing and automated accounting.
Enterprise SoftwareFintechSaaSOslo, NO
Andreas Røyrvik(Co-founder and CPO)Jakob Gerhard Martinussen(Co-founder and CTO)Stein Magnus Jodal(Co-founder and COO)Vidhi Kumar(Co-founder and CGO)Ole Daniel Nitter(CEO)Swati Srivastava(Head of Design)
Cimon Medical develops and manufactures Doppler ultrasound technology for healthcare facilities, including the NeoDoppler system for continuous, noninvasive monitoring of cerebral blood flow.
HardwareHealthtechMedical Devices
Security technology provider for portable devices and IoT, with an extensive patent portfolio.
CUPP is an early-stage (pre-seed and seed) investment firm that invests exclusively in cybersecurity founders building B2B and infrastructure security companies.
Cybersecurity
Defibrio makes a portable AED that connects to a smartphone via USB-C, using the phone's battery and app to detect cardiac arrest and deliver a defibrillation shock.
Digital HealthHardwareMedical Devices
Arne Bergby(Chief Executive Officer)Josh Hale(Chief Product Officer)Espen Ottem(Chief Financial Officer)
Jagtech develops patented drilling fluid optimization and magnetic particle separation technologies, including its Dual Shear Gun and JAG-MAG products, to improve drilling efficiency and reduce non-productive time for the oil and gas industry.
CleantechDeep TechEnergyHardwareOrkanger, NO
Geir Olav ÅnesbugArild SaasenJan Egil Pallin
Software enabling touchless, password-free voice authentication for cloud services, mobile apps and IoT devices.
Nivel operates a platform providing spatial analytics and data infrastructure for shared mobility services, serving cities, public transportation authorities, and mobility operators.
Data & InfrastructureGovTechMobility & TransportationSaaSBergen, NO
Harald Sævareid(Founder)Sven Inge Bråten(Co-founder & Head of Product)
Numascale develops scale-up server architecture technology aimed at reducing total cost of ownership and improving performance for in-memory applications by addressing unused memory and high DRAM costs in scale-out server setups.
Data & InfrastructureDeep TechHardware
qWave is a rock mechanics technology company developing a patented tool that uses focused acoustic shockwaves to create wellbore perforations for more accurately measuring rock stress properties.
CleantechDeep TechEnergyHardwareStavanger, NO
Hans Petter Eng(CTO and Founder)Jan Ove Nesvik(CEO)
Rebase.energy builds an open, collaborative energy modelling platform, using data engineering and algorithms for forecasting and optimization in power systems.
AI & Machine LearningClimate TechEnergySaaS
Sebastian Haglund(CEO and Co-Founder)Mihai Chiru(CTO and Co-Founder)Karl Thunell(CCO)
Scale Protection provides scale monitoring services for the oil and gas industry, including its BSA technology used to detect and confirm scale build-up in production systems.
EnergyHardware
SentiSystems builds SentiNAV, a GNSS-denied navigation and sensor-fusion system with plug-and-play modules that provide precise positioning for ships, drones, and vehicles in environments where GPS is jammed, spoofed, or unavailable.
Deep TechDefense TechRoboticsTrondheim, NO
Digital dermatology service acquired by Dr.
Robotics company providing automation for online groceries and micro-fulfillment using patented gripper technology and AI software.
thtRobotics develops AI-powered robotic systems for automated piece-picking, packing, and quality control in fulfillment centers serving food & beverage, pharmaceutical, e-commerce, and automotive industries.
AI & Machine LearningLogistics & Supply ChainRobotics
Well Conveyor makes a slim battery-powered downhole tractor (under 1 11/16" / 42mm diameter) that conveys sensing cables, logging and intervention tools into deviated and horizontal wellbores on any cable type, including slickline, e-line and fibre cable.
Deep TechEnergyHardware
Wellstarter develops HIPlog, a wireless downhole flow metering technology that provides low-cost, intervention-free production monitoring and downhole flow rate data for oil industry operators.
EnergyHardwareIoTTrondheim, NO
High accuracy clamp-on flow rate and phase fraction meter for gas, oil, water and drilling mud systems.
Exits · 1
IPOs and acquisitions across the tracked portfolioSnapMedacq. by Dr. Dropin
Frequently asked questions
- What stage does ProVenture invest at?
- ProVenture invests at the Pre-Seed, Seed, Series A stages.
- What sectors does ProVenture focus on?
- ProVenture focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Hardware, Media & Entertainment, New Materials, SaaS, Sector Agnostic, Semiconductors.
- Where is ProVenture located?
- ProVenture is headquartered in Trondheim, NO.
- Does ProVenture lead rounds?
- Yes, ProVenture leads investment rounds.
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