🦊/Investors

SNÖ Ventures

Venture capitaloperating company · company profile

Oslo · Pre-Seed–Series B · 4 people tracked

Find your way into SNÖ Ventures

438 people in our graph share verified history with the SNÖ Ventures team — schools, employers, funds. One of them is your warm intro.

Linn Hege Auneunlockedknows Magne Uppman · together at Norwegian School of Economics (NHH) (overlapped)
knows the team · via Ignite
knows the team · via Myself
×6knows the team · via Norwegian School of Economics (NHH)
×2knows the team · via University of Bergen (UiB)
knows the team · via Cornell Johnson Graduate School of Management
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Investment thesis

SNÖ Ventures backs technology pioneers across the Nordic region, offering global reach combined with local support. Its portfolio spans a broad range of sectors including AI and machine learning, gaming, defense technology, fintech, robotics, data infrastructure, creator/influencer platforms, and enterprise software. The firm frequently co-invests alongside notable international and regional investors, positioning itself as a partner that connects the region's most ambitious founders to worldwide capital and networks.

Source: firm website, verified Aug 27, 2026.

Stage
Pre-Seed–Series B
Check
$540K – $1.6M
HQ
Oslo, SE
Leads rounds
Leads
Instruments
Equity
Founded
2015
Tracked investments
34
Unicorns
2
Acquisitions
3

Team · 4 people

from public directories
Caroline F. Jensen· CFOin

What they invest in

from 23 of 34 portfolio companies

AI & Machine Learning ×14SaaS ×9Enterprise Software ×8Fintech ×4Gaming ×4Healthtech ×4Consumer ×3Crypto & Web3 ×3

HQs:Norway×6United States×3Australia×1Denmark×1Finland×1Sweden×1

Who they back

founder profiles across 17 portfolio companies
35%
solo founders
6 of 17 mapped founding teams
41%
repeat founders
of 22 founders with career history

Founding team size:solo founder×62 founders×93 founders×14+ founders×1

Where their founders studiedfrom 19 founders with education data

Norwegian University of Science and Technology (NTNU) ×3Harvard University ×2Massachusetts Institute of Technology ×2Teknillinen korkeakoulu-Tekniska högskolan ×2

What their founders studiedfrom 19 founders with field-of-study data

Computer Science ×10Economics ×4Engineering ×4Business & Management ×3Finance & Accounting ×2Mathematics & Statistics ×2

Where their founders worked beforefrom 22 founders with career history

McKinsey & Company ×3Rystad Energy ×3ClickUp ×2Nokia ×2Telenor Digital ×2University of Copenhagen ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

4 founders hold a PhD · 3 hold an MBA (of 20 with degree data)

Investments · 34 tracked

founders shown can be your intro path

By year:2025 · 12022 · 12021 · 22020 · 15 dated

Presailpresail.comin𝕏✓ verified

Presail operates a private market platform for Web3, offering automated onchain tools and smart contracts that let projects list tokens and let individuals contribute to, vest, and manage private market investments.

Crypto & Web3FintechSaaS

Co-investorsKraken VenturesSkyfall VenturesCastrum CapitalTriton CapitalCoinFundLOWERCARBON

Springspring.netin𝕏✓ verified

Spring provides on-chain token distribution and vesting tools for Web3 communities, supporting complex vesting schedules (cliffs, daily, monthly, multi-period), automated token allocation calculations, wallet collection, and a decentralized claim portal.

Crypto & Web3FintechMarketplacesSaaS

Sebastian Almnes(Founder)in

Co-investorsSkyfall VenturesKraken VenturesSondo CapitalAble PartnersGeneration Investment ManagementGingerbread Capital+7 more

AILITailitrail.com

Ailit builds a swappable battery platform for heavy-haul freight rail, letting operators run battery-electric locomotives without catenary or major grid upgrades while retaining diesel as backup.

AI & Machine LearningCleantechMobility & Transportation

Arismachinaarismachina.comin

Aris Machina builds an agentic operating system and AI tools for manufacturing, using a semantic model that unifies design, process, and quality data to help engineers and shopfloor operators accelerate R&D and production.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Peter Carlsson(Founder)inSiddharth Khullar(Founder)in

Co-investorsPlanet A Ventures

Axieaxieinfinity.com

Axie Infinity is a blockchain-based, NFT creature-battling game developed by Vietnam-based game studio Sky Mavis.

Trung Nguyen(Founder)in

Co-investorsAU21 CapitalDeepTech VenturesDeFiance CapitalMoonhill CapitalPantera CapitalRaptor Group+12 more

Beyourbestbeyourbest.comin𝕏

Be Your Best develops virtual reality training software for footballers to improve skills such as vision and decision-making.

AI & Machine LearningConsumerGamingHardwareSports Tech

Breytabreyta.aiSep 2022

Norwegian AI company whose Breyta.ai assistant synthesizes insights across multiple unstructured files such as interviews and sales calls.

Co-investorsSondo Capital

Causalycausaly.comin

Causaly builds an agentic AI platform for life sciences R&D that retrieves and reasons over scientific evidence, using a scientific knowledge graph and specialized AI agents to support target identification, indication discovery, and regulatory evidence validation.

AI & Machine LearningBiotechHealthtechLondon

Yiannis Kiachopoulos(Founder)inArtur Saudabayev(Executive Officer, Director)Joannis Kiahopoulos(Executive Officer, Director)

BoardMarc Moens(Director)inGeorgios Tziralis(Director)Carlos Gonzalez-Cadenas(Director)in

Co-investorsEBRD Venture Capital Investment ProgrammeEmerge EducationICONIQIndex VenturesMarathon Venture CapitalPentech Ventures+3 more

Churneychurney.ioin

Churney applies causal AI and machine learning to help companies extract value from their data warehouses, focusing on advertising optimization and helping ad platforms recognize real customer value.

AdTechAI & Machine LearningMarketing TechCopenhagen, DK

Brian Brost(Founder)inNoy Rotbart(Founder)in

Co-investorsTLV Partners

Confrereconfrere.comin𝕏Acquired

Confrere offers a browser-based video calling service where professionals such as physicians, consultants, and tutors meet clients over video via a personalized link (YOURBRAND.confrere.com).

AI & Machine LearningDigital HealthEnterprise SoftwareHealthtechSaaSOslo, NO

Co-investorsPoint Nine

Economicmindeconomicmind.comin

EconomicMind offers a market-intelligence tool that lets investors and advisors screen companies, analyse targets and competitors, and build commercial due diligence content using reported financials and bottom-up market data.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechSaaSOslo, NO

Gard RystadinNikolai BratsberginAksel ReiteninJens Martin Dahlumin

Heidiheidihealth.comin𝕏

Heidi builds an AI Care Partner platform that augments clinical workflows through an AI scribe and a medical research tool called Evidence, serving clinicians across hospitals and healthcare systems globally.

AI & Machine LearningDigital HealthHealthtechSaaS

Dr. Thomas Kelly MDWaleed Mussa(Founder)in

Co-investorsHeadlineLatitudeArchangel VenturesBlackbird VenturesHeadline Growth Management, LLCMenlo Ventures+2 more

Humane Intelligencehumane-intelligence.orgin

Humane Intelligence provides AI safety testing services, including red teaming events, contextual evaluations, and bias bounties, to assess and improve the safety and performance of AI models and systems.

AI & Machine LearningCybersecurityImpact & Social Good

Co-investorsManta Ray Ventures

Hybrid videogaming www.portalone.com (External)portalone.com

PortalOne develops hybrid games, a category of entertainment that combines elements of the video game and television industries.

ConsumerGamingMedia & Entertainment

Co-investorsAcequia Capital (AceCap)Avenir Growth CapitalCoatue ManagementTq Ventures LlcSignia Venture PartnersSocii Capital+1 more

Igniteignite.noin

Ignite provides supplier management software that gives companies visibility into their suppliers and spend, turning supply chain data into actionable insights for more responsible purchasing decisions.

AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechLogistics & Supply ChainSaaS

SigbjørnBørge

Igniteigniteprocurement.comin

Ignite is a procurement analytics platform that consolidates data from ERPs, accounting systems, contracts, spreadsheets, and data warehouses, including messy or inconsistent inputs.

Data & InfrastructureEnterprise SoftwareSaaS

Co-investorsSkagerak Capital

Intuiintui.aiin

Intui develops AI software designed to replicate biological learning and reasoning, enabling systems to understand environments and learn through natural instinct rather than synthetic datasets.

AI & Machine LearningDeep TechRoboticsStockholm, SE

Co-investorsFSGLeksell Social VenturesLU InnovationLuminar VenturesMist VenturesNavigare Ventures

Kitemakerkitemaker.coin𝕏May 2021 · $2MAcquired

Kitemaker is a product development and collaboration tool that helps teams plan, prioritize, and execute projects together.

Developer ToolsEnterprise SoftwareFuture of WorkSaaSOslo, NO

Sigurd Seteklev(Founder)inKevin Simons(Founder)in

Co-investorsY CombinatorEQT Ventures

Musicinframusicinfra.comSep 2025

MusicInfra is a music rights management company connecting digital services and rightsholders for licensing, matching and royalty payment.

Co-investorsMiddlegame VenturesUTA Ventures

Nollahealthnollahealth.comin𝕏

Nolla is developing a technology-driven, doctor-guided care system that helps users understand their health situation and decide what to do next.

AI & Machine LearningDigital HealthHealthtech

Luis R Soenksen(Founder)inLuis Wenus(CEO)inSean Geiger(CTO)in

Nordic Air Defencenordicairdefence.comin

Nordic Air Defence develops counter-unmanned aerial system (C-UAS) technology for air defence, building interceptor products aimed at addressing modern aerial threats.

Deep TechDefense TechHardware

Co-investorsInflection.xyz

Orbital Sidekickorbitalsidekick.comin𝕏

Orbital Sidekick operates hyperspectral imaging satellites and provides data analysis for commercial operators in energy, mining, and agriculture, as well as environmental monitoring and national security applications.

Deep TechDefense TechSpace TechSan Francisco, US

Daniel Katz(Executive Officer, Director)Tushar Prabhakar(Executive Officer, Director)Sam Dobbyn(Director)Christopher Smith(Director)Donna See(Director)

Co-investorsStarbridge Venture Capital Llc11.2 CapitalEnergy Innovation CapitalIn-Q-TelONEOKSyndicate 708

Scenerisceneri.com

Sceneri is a no-code, mobile-first creation engine for building, playing and sharing 3D games and experiences in real time.

Bardstown, US

Collin Bishop(Founder)

Sidepilotsidepilot.comin

Sidepilot builds AI agents that handle appointment booking, payment updates and cancellations for gyms and fitness studios.

Nikhil Desai(CTO)inRune Hauge(CEO)in

Co-investorsBeat Ventures

Sky Mavisskymavis.comin𝕏

Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product.

Crypto & Web3Gaming

Trung Nguyen(Founder & CEO)inAleksander Larsen(Founder)inJeffrey Zirlin(Founder)in

Co-investorsa16z cryptoAccelAndreessen HorowitzAVVBackedCollab+Currency+11 more

Speechlyspeechly.comin𝕏acquired by Roblox

Speechly provides an API that performs speech recognition and language understanding directly on user devices, reducing costs for applications that need to analyze spoken interactions in real time.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareHelsinki, FI

Otto Soderlund(Founder)inHannes Heikinheimo(Founder)in

Co-investorsCherry VenturesTq Ventures LlcY CombinatorJoyance PartnersSocial Starts

Take Take Taketaketaketake.comin𝕏

Take Take Take is a chess platform that combines playing, learning, and social features in one place, aimed at intermediate "improving" players who fall between casual and serious levels.

ConsumerEdTechGamingSocial

Mats(Founder)Magnus Carlsen

Co-investorsCoatue ManagementSkyfall Ventures

Timelytimelyapp.comin𝕏Jun 2021 · $14M

Timely offers automatic time tracking software with a Microsoft Teams integration that captures time spent on meetings, calls, shared documents, and team communications.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSOslo, NO

Mathias Mikkelsenin

Co-investors500 GlobalConcentricInvestinorMovac

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

LegendOutlandersProbable FuturesSpliceSymbio RoboticsWatershed

Exits · 3

3 acquisitions · showing 1

Speechlyacq. by Roblox

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has SNÖ Ventures made?
SNÖ Ventures has 34 tracked investments, 3 of which have exited, including 1 dated in the last 24 months.
What stage does SNÖ Ventures invest at?
SNÖ Ventures invests at the Pre-Seed, Seed, Series A, Series B stages.
What is SNÖ Ventures's typical check size?
SNÖ Ventures typically writes checks of $540K – $1.6M.
What sectors does SNÖ Ventures focus on?
SNÖ Ventures focuses on Advanced Manufacturing, AI & Machine Learning, Climate Tech, Creator Economy, Crypto & Web3, Data & Infrastructure, Defense Tech, Developer Tools, Enterprise Software, Fintech, Gaming, Marketing Tech, Media & Entertainment, Robotics, SaaS, Sector Agnostic, Sports Tech.
Where is SNÖ Ventures located?
SNÖ Ventures is headquartered in Oslo, SE.
Does SNÖ Ventures lead rounds?
Yes, SNÖ Ventures leads investment rounds.
Who does SNÖ Ventures co-invest with?
SNÖ Ventures most often shares deals with Coatue Management, Seedcamp, Skyfall Ventures, among 55 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Hvordan Starte Et Venture Capital Fond? | Magne Uppman & Christopher Vonheim | SNÖ Ventures & BYNN

Christopher Vonheim · Magne Uppman

Images

SNÖ Ventures photo

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