SNÖ Ventures

SNÖ Ventures is a prominent Nordic-focused venture capital firm based in Oslo, Norway, established in 2019. The firm positions itself as a key partner for ambitious tech companies across the Nordic region, aiming to provide both local support and global access. Since its inception, SNÖ Ventures has demonstrated a clear commitment to fostering innovation within the Nordics, backing founders with a global mindset from the Seed to Series A stages.

The firm's investment strategy is centered on early-stage tech companies. SNÖ Ventures typically provides initial investments ranging from €500,000 to €3,000,000, demonstrating its capacity to support startups through critical growth phases. Beyond initial capital, the firm also reserves significant follow-on capital to continue supporting its portfolio companies as they scale. This approach underscores their long-term commitment to the ventures they back, aiming to be a consistent financial and strategic partner.

SNÖ Ventures has successfully raised two funds to date, solidifying its financial capacity and market presence. Its first fund, SNÖ I, closed in 2019 with a total of €50 million. Building on this success, the firm launched SNÖ II in 2022, which secured €100 million, bringing their total assets under management to €150 million. This substantial capital base allows SNÖ Ventures to be a significant player in the Nordic venture ecosystem, capable of making meaningful investments across its target stages and sectors. The firm actively seeks opportunities in diverse tech sectors, including SaaS, Fintech, Marketplaces, Deep Tech, and Consumer Tech, reinforcing its broad yet focused investment mandate within the Nordic innovation landscape.