Fundraising FoxPre-Seed–Series A · 4 people tracked
Also known as Snö True North AS
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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.
Team · 4 people
from public directories
What they invest in
from 26 of 35 portfolio companiesAI & Machine Learning ×17SaaS ×11Enterprise Software ×9Fintech ×4Gaming ×4Healthtech ×4Consumer ×3Crypto & Web3 ×3
HQs:Norway×6United States×6Australia×1Denmark×1Finland×1Sweden×1
Who they back
founder profiles across 20 portfolio companiesFounding team size:solo founder×32 founders×93 founders×54+ founders×3
Where their founders studiedfrom 21 founders with education data
Harvard University ×2Teknillinen korkeakoulu-Tekniska högskolan ×2
What their founders studiedfrom 21 founders with field-of-study data
Computer Science ×11Economics ×4Engineering ×4Business & Management ×3Mathematics & Statistics ×3Finance & Accounting ×2
Where their founders worked beforefrom 22 founders with career history
Stripe ×3Apple ×2ClickUp ×2McKinsey & Company ×2Microsoft ×2Nokia ×2Rystad Energy ×2Telenor Digital ×2
Accelerator rootsportfolio companies that came through a program
4 founders hold a PhD · 3 hold an MBA (of 23 with degree data)
Investments · 35 tracked
founders shown can be your intro pathBy year:2025 · 52024 · 12023 · 12022 · 32021 · 22020 · 214 dated
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 CapitalCoinFundGlobal Founders Capital+1 more
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
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
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-investorsAENUPlanet A VenturesBek VenturesEarlybird Venture CapitalVillage Global
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Axie Infinity is a blockchain-based, NFT creature-battling game developed by Vietnam-based game studio Sky Mavis.
Trung Nguyen(Founder)inAleksander Larsen(Founder)Jeffrey Zirlin(Founder)
Co-investorsAU21 CapitalDeepTech VenturesDeFiance CapitalDigital StrategiesMoonhill CapitalPantera Capital+16 more
Be Your Best develops virtual reality training software for footballers to improve skills such as vision and decision-making.
AI & Machine LearningConsumerGamingHardwareSports Tech
Norwegian AI company whose Breyta.ai assistant synthesizes insights across multiple unstructured files such as interviews and sales calls.
Chris Moen(Founder)Jan Tore Stølsvik(Founder)Vegard Steen(Founder)
Co-investorsSondo CapitalAntlerMartin HenkPeakUnpopular Ventures
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(Founder)Joannis Kiahopoulos(Executive Officer, Director)Yiannis Kiachopoulos Artur Saudabayev(Founder)
BoardMarc Moens(Director)inGeorgios Tziralis(Director)
Co-investorsEBRD Venture Capital Investment ProgrammeEmerge EducationICONIQIndex VenturesMarathon Venture CapitalPentech Ventures+5 more
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
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 NineTomorrow Today ASFathom CapitalNordic MakersThe Nordic Web Ventures
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
Co-investorsAntlerArkwright X
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)inThomas Kelly(Founder)Yu Liu(Founder)
Co-investorsHeadlineLatitudeAlumni VenturesArchangel VenturesBlackbird VenturesGeneral Catalyst+7 more
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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
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
Co-investorsArkwright XSkagerak CapitalInvestinor
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
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 VenturesStartuplab VenturesToy Ventures
A platform connecting people seeking career and business guidance with experienced mentors from top companies.
EdTechMarketplacesLos Angeles, US
Rune Hauge(Founder)inBenjamin Balazs(Founder)inKate Pavlova(Head of Growth)Jason Meltzer(Head of Operations)Nikhil Desai(CTO)
Co-investorsDG Daiwa VenturesKube VCStudio VCY CombinatorBeat VenturesFW Capital+3 more
Moritz is an AI-native law firm that combines senior lawyers with custom software to deliver legal work for technology companies across the EU, US, and Australia, using fixed fees and rapid turnaround rather than hourly billing.
AI & Machine LearningEnterprise SoftwareLegalTechSaaSSan Francisco, US
Pamir Ehsas(CEO)inStefan Mandaric(CTO)inDaniel Dalla Vedova(Founding Head of Legal & COO)inVegard Økland(Founding Engineer)Pravith Raj(Founding Designer)Antonina Kruhlikova(Recruiter)
Co-investorsY Combinator20VCInception FundPioneerTranspose Platform ManagementUrban Innovation+13 more
MusicInfra is a music rights management company connecting digital services and rightsholders for licensing, matching and royalty payment.
Co-investorsMiddlegame VenturesUTA Ventures
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
Co-investorsMarble Creek VenturesGeneral Catalyst
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 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+1 more
PortalOne develops hybrid games, a category of entertainment that combines elements of the video game and television industries.
ConsumerGamingMedia & Entertainment
Bård Anders Kasin(Founder)Stig Olav Kasin(Founder)
Co-investorsAcequia Capital (AceCap)Avenir Growth CapitalCoatue ManagementSignia Venture PartnersTomorrow Today ASTq Ventures Llc+11 more
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 VenturesStudio VC
Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product.
Crypto & Web3Gaming
Trung Nguyen(Founder)inAleksander Larsen(Founder)inJeffrey Zirlin(Founder)inAleksander Leonard Larsen(Founder)Andy Ho(Founder)Kyrylo Dubovyk(Founder)
Co-investorsa16z cryptoAccelAndreessen HorowitzAVVBackedCollab+Currency+12 more
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)inCollin Borns(Head of Business Development)Mandi Galluch(Head of Marketing)Janne Pylkkönen(Chief Scientist)
Co-investorsCherry VenturesJoyance PartnersTq Ventures LlcY Combinator10X CapitalAtypical Ventures+7 more
Splice is a music creation platform providing a library of high-quality audio samples with AI-powered discovery tools, alongside a rent-to-own marketplace for music production software and digital audio workstations.
AI & Machine LearningCreator EconomySaaS
Steve Martocci(Founder)inMatt Aimonetti(Founder)Steve Martocci Matt Aimonetti(Founder)
Co-investorsFlybridge Capital PartnersFounders Circle CapitalGeek VenturesLerer HippeauTrue VenturesUnion Square Ventures (USV)+7 more
Emeryville, US
Maxwell Reynolds(Executive Officer, Director)Brandon Pereira(Executive Officer, Director)
BoardGreg Reichow(Director)in
Co-investorsACME CapitalAndreessen HorowitzEclipse VenturesHouse
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
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
Watershed builds a sustainability AI platform that combines climate science and emissions data with AI to help companies measure, report, and reduce their environmental impact.
AI & Machine LearningClimate TechEnterprise SoftwareSaaSSan Francisco, US
Taylor Francis(Founder)inAvi Itskovich(Founder)inChristian Anderson(Founder)in
BoardJohn Doerr(Director)inPatrick Grady(Director)
Co-investorsKleiner PerkinsSequoia CapitalGreenoaksAglae VenturesDesigner FundEnergize Capital+15 more
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Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
LegendOutlandersProbable Futures
Exits · 3
3 acquisitions · showing 1Speechlyacq. by Roblox
Portfolio news
latest coverage across their companiesMoritz · ycombinator.com · Jan 21, 2026
Heidi Health · heidihealth.com · Oct 5, 2025
Humane Intelligence · humane-intelligence.org · Aug 31, 2025
Frequently asked questions
- How many investments has SNÖ Ventures made?
- SNÖ Ventures has 35 tracked investments, 3 of which have exited, including 6 dated in the last 24 months.
- What stage does SNÖ Ventures invest at?
- SNÖ Ventures invests at the Pre-Seed, Seed, Series A 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.
- 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, Gaingels, Seedcamp, among 92 tracked co-investors.
Media · Podcasts & interviews
featuring the teamHvordan Starte Et Venture Capital Fond? | Magne Uppman & Christopher Vonheim | SNÖ Ventures & BYNN
Christopher Vonheim · Magne Uppman
Images
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