Pre-Seed–Seed
Investment thesis
Sondo Capital invests in pre-seed and seed stage teams that have a link to Norway, writing initial checks of roughly 2-6 million NOK. The firm focuses on the core value drivers relevant at the earliest stages: idea quality, team strength, product-market fit, technology risk and financing risk. Its mandates pursue purely financial objectives, and given the limited availability of verifiable ESG data at pre-seed/seed, the firm does not integrate sustainability risks as standalone decision criteria beyond ordinary financial and operational risk assessment.
Source: firm website, verified Aug 16, 2026.
What they invest in
from 29 of 34 portfolio companiesSaaS ×19AI & Machine Learning ×15Fintech ×7Energy ×4Cleantech ×3Data & Infrastructure ×3Enterprise Software ×3Advanced Manufacturing ×2
HQs:Norway×11Denmark×1United Kingdom×1Sweden×1
Investments · 34 tracked
founders shown can be your intro pathAiba offers Amanda, a content moderation product that helps platforms detect and manage online safety and risk issues.
AI & Machine LearningCybersecuritySaaS
Atlas is a browser-based, AI-native GIS platform whose assistant "Navi" builds maps, dashboards, and multi-step spatial workflows from conversational prompts and connected data sources (shapefiles, GeoJSON, PostgreSQL, and more).
AI & Machine LearningData & InfrastructureSaaS
Bislab provides a software solution tailored to the energy and telecom sectors, working alongside a collections partner.
EnergyFintechSaaS
Cardboard 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)inJakob Gerhard Martinussen(Co-founder and CTO)inStein Magnus Jodal(Co-founder and COO)inVidhi Kumar(Co-founder and CGO)inOle Daniel Nitter(CEO)inSwati Srivastava(Head of Design)in
Catchwise offers a platform that combines vessel catch logs, AIS vessel-tracking data and ocean intelligence (seabed temperature, currents, weather, zooplankton, altimetry) to help commercial fishing skippers plan trips, avoid bycatch and improve catch efficiency.
AI & Machine LearningClimate TechSaaS
Enode provides APIs that enable energy companies and climate tech startups to coordinate electricity demand and supply by automatically optimizing consumer energy usage based on renewable availability and pricing.
Advanced ManufacturingCleantechClimate TechData & InfrastructureEnergySaaSOslo, NO
Henrik Langeland(Founder)inNikolai Heum(Founder)in
Fairsight is an assessment platform that provides psychometric and talent assessments designed to reduce bias in hiring and improve workplace diversity.
AI & Machine LearningHR TechSaaS
Lasse Hønsen(Founder)Espen Skorstad(Co-founder)
Fronted provides cross-border hiring services that combine recruitment, compliant employment, payroll, and benefits into one system.
Future of WorkHR TechSaaS
Hemi is a specialized private clinic for diagnosing and treating headache disorders — including migraine, tension headache, cluster headache, concussion, and whiplash-related symptoms — in both children and adults.
Digital HealthHealthtechWellness & FitnessFrederiksberg, DK
Lightsonic uses fibre sensing technology combined with existing infrastructure to detect leaks across water utility networks.
CleantechDeep TechIoT
OmniMod provides a modular material handling system that uses camera vision AI, path planning, and control AI to detect, route, and transport goods across a surface for warehouses and distribution centers.
AI & Machine LearningLogistics & Supply ChainRobotics
Ordinary Objects is a mixed reality prototyping platform for creating high-fidelity interactive spatial simulations, with a native editor for macOS/Windows and companion "Mirror" apps for Apple Vision Pro, Meta Quest, and iOS.
Developer ToolsMobility & TransportationSaaS
Reliable AI offers an AI-powered legal research tool that retrieves relevant case law and statutory sources at the paragraph level, linking each result to the authoritative source rather than generating text.
AI & Machine LearningLegalTechSaaS
Riff builds AI agents that automate the operational work behind manufacturing orders — including quoting, procurement, planning, logistics, invoice matching, and supplier follow-up — running on top of existing ERP systems like SAP, Oracle, Infor, and Microsoft.
Advanced ManufacturingAI & Machine LearningLogistics & Supply Chain
SANNA is an accounting service for holding companies in Norway, combining an authorized accountant with an accounting system to handle bookkeeping, annual accounts, tax returns, and shareholder register filings.
FintechSaaS
Skye develops technology for managing energy and flexibility within industrial processes, drawing on expertise in control systems, industrial automation, and energy market trading.
AI & Machine LearningCleantechEnergyEnterprise Software
Tor Espen Steinvik(CEO)Andreas Lundgren(COO)Linus Frosteryd(CTO)
Spare offers an AI platform for transit agencies that unifies scheduling, dispatch, rider communication, fleet health, and compliance reporting across multiple service modes.
AI & Machine LearningGovTechMobility & Transportation
Strise builds an automated financial-crime compliance platform that handles customer onboarding, continuous risk monitoring, ownership mapping, and alert triage for banks and large enterprises.
AI & Machine LearningCybersecurityFintechOslo, NO
Marit Rødevand(Founder and Chief Executive Officer)
Tundra Drone develops modular UAV payloads and mission accessories—including visible/IR lighting, precision droppers, speakers and laser pointers—that extend the operational range of small drones.
Defense TechHardwareRoboticsKautokeino, NO
Unloc offers a mobile app and cloud-based control center that turn physical keys into digital ones, letting users open doors, share access, and manage entry to buildings from anywhere.
IoTPropTechSaaS
Portfolio news
latest coverage across their companiesDune · entrepreneur.economictimes.indiatimes.com · Jul 17, 2026
Enode · kurrant.com · Apr 20, 2026
Unleash · getunleash.io · Mar 4, 2026
Frequently asked questions
- What stage does Sondo Capital invest at?
- Sondo Capital invests at the Pre-Seed, Seed stages.
- What is Sondo Capital's typical check size?
- Sondo Capital typically writes checks of $190K – $570K.
- What sectors does Sondo Capital focus on?
- Sondo Capital focuses on Sector Agnostic.
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