Schibsted

Schibsted, a prominent Scandinavian media group headquartered in Oslo, Norway, extends its influence beyond traditional media through its dedicated venture arm, Schibsted Growth. This investment vehicle focuses on identifying and backing growth-stage companies that demonstrate a strong strategic alignment with Schibsted's core business areas, which encompass digital marketplaces, media, and technology. Schibsted Growth seeks out businesses that have already achieved significant product-market fit and are poised for substantial scaling, often taking minority stakes to support their expansion.

The investment philosophy of Schibsted Growth is rooted in leveraging the parent company's extensive industry expertise and market reach. They typically provide first cheques ranging from 50 million Norwegian Kroner (approximately $4.65 million USD) to 200 million Norwegian Kroner (approximately $18.6 million USD). This substantial capital injection is designed to fuel the next phase of growth for promising ventures, enabling them to expand operations, develop new products, or enter new markets.

With approximately 6,900 employees spread across 29 countries, Schibsted offers portfolio companies access to a vast network and deep operational knowledge. This global footprint and diverse operational experience provide a unique value proposition, extending beyond mere capital to include strategic guidance and potential partnership opportunities within Schibsted's ecosystem. The group's commitment to innovation and digital transformation is clearly reflected in the types of companies Schibsted Growth chooses to support, aiming to foster the next generation of digital leaders.