Oslo · Pre-Seed–Series B · 4 people tracked
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 22 of 34 portfolio companiesAI & Machine Learning ×13SaaS ×9Enterprise Software ×8Fintech ×4Gaming ×4Healthtech ×4Consumer ×3Crypto & Web3 ×3
HQs:Norway×6United States×3Australia×1Denmark×1Finland×1
Who they back
founder profiles across 9 portfolio companiesFounding team size:solo founder×32 founders×53 founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 34 tracked
founders shown can be your intro pathPresail 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 Capital
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 Capital
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)Siddharth Khullar(Founder)in
Co-investorsPlanet A Ventures
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+3 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.
Co-investorsSondo Capital
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)Georgios Tziralis(Director)Carlos Gonzalez-Cadenas(Director)in
Co-investorsEBRD Venture Capital Investment ProgrammeEmerge EducationICONIQIndex VenturesMarathon Venture CapitalPentech Ventures+3 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)Noy 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 Nine
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 RystadNikolai BratsbergAksel ReitenJens Martin Dahlum
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
Nonprofit that designs and runs AI red teaming, bias bounties, and contextual evaluations of AI systems.
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
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
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
IntuiCell develops software based on how living organisms learn instinctively, aiming to replicate natural intelligence rather than relying on data sets and training.
AI & Machine LearningDeep TechRobotics
Co-investorsFSGLeksell Social VenturesLuminar 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 Ventures
DeFi startup building a mobile self-custody wallet app that bundles lending, borrowing and swap services in one place.
MusicInfra is a music rights management company connecting digital services and rightsholders for licensing, matching and royalty payment.
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)Sean Geiger(CTO)
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 CapitalIn-Q-TelONEOKSyndicate 708
Non-profit climate literacy initiative offering a climate handbook, interactive climate maps and customized engagements.
Sidepilot builds AI agents that handle appointment booking, payment updates and cancellations for gyms and fitness studios.
Nikhil Desai(Founder)in
Co-investorsBeat Ventures
Sky Mavis builds blockchain games and related infrastructure, with Axie Infinity as its flagship product.
Crypto & Web3Gaming
Trung Nguyen(Founder & CEO)inAleksander Larsen(Founder)Jeffrey Zirlin(Founder)in
Co-investorsa16z cryptoAccelAndreessen HorowitzAVVBackedCollab+Currency+10 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)in
Co-investorsCherry VenturesTq Ventures LlcY Combinator
Cloud-based music creation platform offering subscription sample libraries, plug-ins and DAW integrations.
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 Mikkelsen
Co-investors500 GlobalConcentricInvestinor
Enterprise software platform that helps companies measure, report and reduce greenhouse gas emissions.
Exits · 1
IPOs and acquisitions across the tracked portfolioSpeechlyacq. by Roblox
Portfolio news
latest coverage across their companiesSky Mavis · thenextweb.com · Apr 15, 2026
Heidi · heidihealth.com · Oct 5, 2025
Frequently asked questions
- How many investments has SNÖ Ventures made?
- SNÖ Ventures has 31 tracked investments, 2 of which have exited via acquisition or IPO.
- 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 47 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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