Sandwater
Venture capitalOslo · Seed–Series B · 12 people tracked
Investment thesis
Sandwater invests in early-stage companies building solutions for the change the world needs. The firm draws on a Nordic ethos of collaboration and transparency, bringing commitment and a bold approach to helping founders grow. Its portfolio spans deep tech, climate and energy, robotics, health and life sciences, agtech, femtech, and defense, reflecting a broad focus on impactful technologies across the Nordics and Europe.
Source: firm website, verified Aug 3, 2026.
Team · 12 people
from the firm's website & public directories
What they invest in
from 5 of 24 portfolio companiesAI & Machine Learning ×3Digital Health ×2Medical Devices ×2Robotics ×2Cleantech ×1Climate Tech ×1Consumer ×1Deep Tech ×1
HQs:Canada×1Finland×1United States×1
Investments · 24 tracked
founders shown can be your intro pathHumanoid robotics company that launched NEO, a consumer humanoid robot.
1X is an AI and robotics company developing general-purpose humanoid robots for home and industrial use.
AI & Machine LearningConsumerHardwareRoboticsPalo Alto, US
Bernt Øyvind Børnich(CEO)
Develops and produces compact, lightweight, high-performance electric motors.
AI & Machine LearningDeep TechRobotics
Bioenergy and biogas reactor company.
CardioSignal is a CE-marked Class IIb software-as-a-medical-device app that uses smartphone gyroscope and accelerometer sensors (gyrocardiography) to detect signs of atrial fibrillation in a one-minute measurement.
AI & Machine LearningDigital HealthMedical Devices
Juuso Blomster(CEO)
Accelerating cities' transition to net zero economies
Surgical robotics company with FDA-authorized products.
CurifyLabs develops an automated compounding system for pharmacies that uses robotics, GMP-manufactured excipient bases, and integrated quality control software to enable faster, safer preparation of customized medications.
Digital HealthHealthtechMedical DevicesHelsinki, FI
Charlotta TopeliusNiklas Sandler Topelius
Biotech developing cancer treatments.
Insect farming company for animal feed.
Sandwater portfolio company (Series A).
Combining data transparency and visualization
Delivering temporary buildings and structures
Virtual fencing technology for livestock.
Salient Energy manufactures zinc and manganese batteries for electricity storage, providing an alternative to lithium-ion with lower costs and reduced environmental impact from mining and manufacturing.
CleantechClimate TechEnergyNew MaterialsDartmouth, CA
Ryan Brown(Cofounder)
Regenerative agriculture for food systems
Simulation software for flow insights
Health data/impact company behind the 'brite' product (formerly ImpactMonitor).
Portfolio news
latest coverage across their companiesCurifyLabs · mobihealthnews.com · Jul 7, 2026
Salient Energy · trysignalbase.com · Mar 24, 2026
1X Technologies · techstartups.com · Sep 24, 2025
Frequently asked questions
- What stage does Sandwater invest at?
- Sandwater invests at the Seed, Series A, Series B stages.
- What is Sandwater's typical check size?
- Sandwater typically writes checks of $2.2M – $11M.
- What sectors does Sandwater focus on?
- Sandwater focuses on Advanced Manufacturing, AgTech, Biotech, Cleantech, Climate Tech, Construction Tech, Consumer, Deep Tech, Defense Tech, EdTech, Energy, Enterprise Software, FemTech, FoodTech, Healthtech, New Materials, PropTech, Robotics, SaaS, Sector Agnostic.
- Where is Sandwater located?
- Sandwater is headquartered in Oslo, NO.
- Does Sandwater lead rounds?
- Yes, Sandwater leads investment rounds.
Media · Podcasts & interviews
featuring the teamTom Even Mortensen | Building Sandwater, Investment Philosophy, Leadership & Culture | Vonheim #152
Christopher Vonheim · Tom Even Mortensen
Images
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