SNÖ Ventures

SNÖ Ventures, established in 2015, is a venture capital firm headquartered in Oslo, Norway, with an additional office in Palo Alto, California. The company specializes in seed stage investments, focusing on early-stage, transformative technology companies based in the Nordic region. SNÖ provides support to these visionary entrepreneurs throughout their global growth journey.

Caroline Jensen

CFO

Max Samuel

Partner

Kremena Tosheva

Principal

34 past transactions

IntuiCell

Seed Round in 2025
IntuiCell is a technology company focused on developing innovative brain intelligence solutions that leverage a unique recursive computing architecture. This architecture enables the company to tackle both tractable and intractable challenges using artificial intelligence. IntuiCell's technology can operate on existing hardware platforms or as standalone applications, requiring no external computational support. This adaptability allows various industries to enhance the functionality of consumer-level electronics, addressing a wide range of challenges and improving overall performance.

MusicInfra

Pre Seed Round in 2025
Helping creators and copyright owners getting paid faster and more accurately than ever

Nordic Air Defence

Seed Round in 2024
Nordic Air Defence specializes in manufacturing drone defence systems, focusing on a dual-use, battery-powered drone interceptor platform. This technology aims to safeguard both government and civilian infrastructure, promoting societal stability and security in an evolving world.

Economic Mind

Pre Seed Round in 2024
Economic Mind is a business analytics and market intelligence firm that offers a subscription-based platform providing comprehensive economic data and insights. It serves a diverse range of clients, including businesses, investors, and policymakers, empowering them to make informed decisions. The company's platform aggregates and analyzes data from over 100,000 markets, 10 million companies, 250 countries, and 1,000 industries, using advanced modeling techniques to deliver valuable insights. Economic Mind was founded by a team of former consultants and technologists, led by Gard Rystad, Aksel Reiten, Jens Martin Dahlum, and Nikolai Bratsberg, who bring expertise from leading firms like McKinsey & Company and BCG.

Ignite

Series A in 2023
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Churney

Seed Round in 2023
Churney is a company that specializes in analytics solutions focused on enhancing customer lifetime value (LTV) through automation and causal machine learning. Its platform is designed to fully automate processes related to descriptive, predictive, and prescriptive analytics regarding LTV. By employing advanced techniques such as automated machine learning and causal inference, Churney helps businesses gain insights into their customer behavior, predict future trends, and implement strategies to maximize LTV while minimizing customer churn. The company's technology empowers organizations to better understand and act on the factors influencing customer retention and profitability.

Presail

Seed Round in 2022
Presail is a management platform designed to facilitate community-driven funding within the Web 3.0 ecosystem. The platform streamlines the investment process for Web 3.0 projects and investment groups by providing tools for fundraising, allocation management, token distribution, and compliance. With its comprehensive suite of features, Presail enables companies and investors to efficiently create deals, manage cap tables, and distribute assets, all within a single application. This approach simplifies the complexities associated with investments in the rapidly evolving digital landscape, ensuring secure and effective management of financial activities for Web 3.0 businesses.

Breyta

Seed Round in 2022
Breyta is a developer of customer relationship management software that focuses on enhancing personalized experiences across various customer touchpoints throughout their lifecycle. The company's platform unifies and activates data from multiple business systems, including product, customer relationship management, support, and billing tools, without the need for coding. By providing an integrated technology stack that incorporates third-party marketing, sales, and financial tools along with data analysis capabilities, Breyta enables businesses to streamline operations and improve revenue generation.

AWDIO

Pre Seed Round in 2022
AWDIO provides less screen more interactivity, interactive stories for Children's, support imagination, creativity, critical thinking and communication for children's, and adventure story services.

Ignite

Series A in 2022
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Stablegains

Seed Round in 2022
Stablegains is a financial technology company that provides an online platform designed to help individuals and businesses earn high interest on their cash through decentralized finance (DeFi) lending markets. By leveraging the advantages of DeFi, which operates continuously and eliminates the need for traditional financial institutions, Stablegains simplifies access to these digital lending opportunities. The company's platform serves as a user-friendly savings tool, enabling users to efficiently optimize their capital and generate passive income. Stablegains focuses on identifying and offering the safest earning methods within the DeFi space, making these financial opportunities more accessible to a broader audience.

Speechly

Seed Round in 2022
Speechly is a company that specializes in developing voice interfaces for professional tools and services through the application of deep learning and natural language processing technologies. Their automatic speech recognition software is designed to convert spoken words into actionable tasks, enhancing the functionality and user experience of various applications. By employing advanced techniques such as audio processing, speech recognition, and voice activity detection, Speechly enables developers to integrate efficient command recognition capabilities into their products, ultimately improving usability and accessibility.

TenNor Therapeutics

Series D in 2022
TenNor Therapeutics is a clinical-stage product development company dedicated to addressing unmet medical needs in the field of infectious diseases. The company utilizes a dual-acting drug discovery platform to advance a portfolio of innovative products currently in various stages of preclinical and clinical development. TenNor focuses on developing new treatments for complications arising from Helicobacter pylori infections, prosthetic joint infections, and multidrug-resistant Gram-negative infections, among other significant infectious diseases. Additionally, the company's multi-targeting approach aims to offer solutions for gastrointestinal tract infections, medical device infections, and bacterial dysbiosis, thereby providing new therapeutic options for conditions that lack effective treatments.

Sceneri

Seed Round in 2022
Sceneri is a mobile-first 3D development platform that empowers users to create games and simulations without the need for technical expertise. The platform offers comprehensive features including full touch support, visual scripting, 3D scanning, artificial intelligence, and virtual reality integrations. These capabilities enable users to efficiently design, view, and publish their creations across various devices. By simplifying the game development process, Sceneri makes it accessible for anyone to create, play, and share interactive experiences.

PortalOne

Series A in 2022
PortalOne AS is a pioneering startup in the videogames industry based in Oslo, Norway, founded in 2018. The company specializes in developing hybrid games that merge traditional gaming elements with interactive TV shows, creating an immersive entertainment experience. PortalOne's platform hosts daily 24-hour tournaments across various genres, including exclusive Atari titles like 'Pong', 'Breakout', and 'Centipede'. These games are integrated with TV shows broadcast within the games themselves, allowing players to compete against special guests who appear as characters in the game worlds. The company's flagship show format is the 'Arcade Show,' which features celebrities such as Justin Bieber and Atari founder Nolan Bushnell. PortalOne aims to be a global destination for hybrid games, currently operating in the US, Canada, and Norway, with plans to expand worldwide.

Sky Mavis

Series B in 2021
Sky Mavis is a technology company focused on developing decentralized applications and services, particularly within the realms of blockchain and video gaming. As a blockchain studio, it creates immersive virtual worlds featuring player-owned economies and marketplaces for trading digital assets. This innovative approach empowers gamers with economic freedom, allowing them to buy and sell collectibles, thereby enhancing their gaming experience and engagement. Sky Mavis aims to redefine the landscape of digital gaming through its commitment to creating practical applications that leverage blockchain technology.

Mentorcam

Seed Round in 2021
Mentorcam, Inc. is a San Francisco-based company founded in 2019 that develops a video messaging app designed to facilitate personal mentorship and advice. The platform connects users with renowned experts and public figures, allowing them to receive tailored guidance through short video messages. Mentorcam aims to empower small business owners and professionals by providing access to expert insights on topics such as fundraising, user acquisition, and sales strategies. This approach enables users to overcome challenges and make informed decisions, ultimately accelerating their business growth.

Be Your Best

Seed Round in 2021
Be Your Best is a company focused on enhancing cognitive performance through innovative technology. It develops game-based virtual reality software specifically designed for soccer players, providing tailored training scenarios that align with individual players' mindsets. The software incorporates football-specific assessments aimed at improving key cognitive skills such as perception, decision-making, and overall cognitive capacity, all derived from actual game situations. By leveraging science-based cognitive assessments and training methods, Be Your Best aims to elevate the mental and physical performance of athletes, particularly those in the competitive realm of football.

Memory

Venture Round in 2021
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.

PortalOne

Seed Round in 2021
PortalOne AS is a pioneering startup in the videogames industry based in Oslo, Norway, founded in 2018. The company specializes in developing hybrid games that merge traditional gaming elements with interactive TV shows, creating an immersive entertainment experience. PortalOne's platform hosts daily 24-hour tournaments across various genres, including exclusive Atari titles like 'Pong', 'Breakout', and 'Centipede'. These games are integrated with TV shows broadcast within the games themselves, allowing players to compete against special guests who appear as characters in the game worlds. The company's flagship show format is the 'Arcade Show,' which features celebrities such as Justin Bieber and Atari founder Nolan Bushnell. PortalOne aims to be a global destination for hybrid games, currently operating in the US, Canada, and Norway, with plans to expand worldwide.

Ignite

Series A in 2021
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Kitemaker

Seed Round in 2021
Kitemaker is a developer of an enterprise task management and collaboration platform tailored for designers, product managers, and engineers. The platform facilitates product management by offering tools that allow users to create and share roadmaps, documents, and tasks in a centralized location. Kitemaker's solution is designed to enhance user interaction by responding instantaneously to every action and operates efficiently offline. The platform includes a native desktop application and features a built-in command line, enabling users to manage their workflows without needing to remove their hands from the keyboard. This comprehensive approach helps clients stay organized and informed about their product development processes.

Speechly

Venture Round in 2021
Speechly is a company that specializes in developing voice interfaces for professional tools and services through the application of deep learning and natural language processing technologies. Their automatic speech recognition software is designed to convert spoken words into actionable tasks, enhancing the functionality and user experience of various applications. By employing advanced techniques such as audio processing, speech recognition, and voice activity detection, Speechly enables developers to integrate efficient command recognition capabilities into their products, ultimately improving usability and accessibility.

Confrere

Seed Round in 2020
Confrere AS is a video conferencing platform based in Oslo, Norway, founded in 2017. The company specializes in providing a video calling tool tailored for professionals, including healthcare providers, educators, financial institutions, and personal trainers, who require efficient online consultations with their clients. Designed to facilitate seamless communication, Confrere's platform allows users to conduct video meetings directly in their web browsers without the need for signups, downloads, or passwords. Additionally, the platform enables professionals to offer and sell their services directly through the software, ensuring secure and convenient interactions with clients. The innovative solution aims to create virtual environments, such as virtual clinics, that support various professional needs.

Ignite

Seed Round in 2019
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Inzpire.me

Venture Round in 2019
Inzpire.me is an online platform designed to facilitate connections between brands and social media influencers, aiming to enhance advertising through user-generated content marketing. With the increasing prevalence of ad blockers, the company offers a solution for brands seeking authentic engagement with their audiences. Utilizing data-driven tools, Inzpire.me enables influencers to strategically target their audience and collaborate with curated creators to produce high-quality content. The platform not only supports the development of genuine partnerships but also helps both influencers and brands optimize their future campaigns and make informed marketing decisions across various media channels.

PortalOne

Seed Round in 2019
PortalOne AS is a pioneering startup in the videogames industry based in Oslo, Norway, founded in 2018. The company specializes in developing hybrid games that merge traditional gaming elements with interactive TV shows, creating an immersive entertainment experience. PortalOne's platform hosts daily 24-hour tournaments across various genres, including exclusive Atari titles like 'Pong', 'Breakout', and 'Centipede'. These games are integrated with TV shows broadcast within the games themselves, allowing players to compete against special guests who appear as characters in the game worlds. The company's flagship show format is the 'Arcade Show,' which features celebrities such as Justin Bieber and Atari founder Nolan Bushnell. PortalOne aims to be a global destination for hybrid games, currently operating in the US, Canada, and Norway, with plans to expand worldwide.

Be Your Best

Venture Round in 2019
Be Your Best is a company focused on enhancing cognitive performance through innovative technology. It develops game-based virtual reality software specifically designed for soccer players, providing tailored training scenarios that align with individual players' mindsets. The software incorporates football-specific assessments aimed at improving key cognitive skills such as perception, decision-making, and overall cognitive capacity, all derived from actual game situations. By leveraging science-based cognitive assessments and training methods, Be Your Best aims to elevate the mental and physical performance of athletes, particularly those in the competitive realm of football.

Memory

Venture Round in 2018
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.

Inzpire.me

Seed Round in 2017
Inzpire.me is an online platform designed to facilitate connections between brands and social media influencers, aiming to enhance advertising through user-generated content marketing. With the increasing prevalence of ad blockers, the company offers a solution for brands seeking authentic engagement with their audiences. Utilizing data-driven tools, Inzpire.me enables influencers to strategically target their audience and collaborate with curated creators to produce high-quality content. The platform not only supports the development of genuine partnerships but also helps both influencers and brands optimize their future campaigns and make informed marketing decisions across various media channels.

Tribe Insurance

Seed Round in 2016
Tribe is insurance based on social mechanisms. Insurance customers know far more about good and bad risks in their social network than the traditional insurance companies do. Through using social networks Tribe will be able to dramatically reduce risk cost and distribution cost. The Tribe team consists of experts on marketing, communication and online conversions. It consists of people from the two most respected online companies in Norway in addition to insurance industry expertise. Beta launch at [Tribe](http://mytribe.no)

Memory

Venture Round in 2016
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.

Timely

Seed Round in 2016
Timely, a pioneering software company, specializes in AI-driven time tracking and planning solutions. Unlike traditional time tracking tools, Timely focuses on high-level workweek planning. Users estimate their task durations in advance, aiding in workload management and meeting scheduling. The platform automatically tracks and categorizes work, providing insights to enhance productivity and sales efficiency.
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