Our investments

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Nansen is "The Backbone for Blockchain Data" that empower crypto investors and teams with onchain insights to make informed decisions. Nansen's market leading analytics tool combines on-chain data with a massive and constantly growing, proprietary database containing millions of wallet labels.

Initial Investment:

2020

Status:

Nansen

A blockchain analytics tool empowering investors with on-chain insights
Co-investors:
Andreessen Horowitz (a16z), Accel, Tiger Global, Coinbase Ventures, GIC, imToken Ventures, Mechanism Capital, SCB 10X

WeWillWrite is addressing a growing challenge in education: students are writing less than ever, at a time when clear thinking, expression, and creativity matter more than ever — especially as AI becomes a core part of learning.

The platform helps elementary school students develop strong writing skills by combining structured writing practice with AI as a supportive tool, not a shortcut. Teachers use WeWillWrite to guide students through writing exercises that are engaging, age-appropriate, and aligned with classroom goals, while maintaining control over quality, tone, and learning outcomes.

Founded by Daniel Senn and Johannes Stensen, co-founders of Poio (acquired by Kahoot!), together with Erlend Klouman Høiner, WeWillWrite has seen rapid bottom-up adoption, particularly in the U.S. The product is now used by 100,000+ teachers and millions of students.

Initial Investment:

2025

Status:

We Will Write

Helping elementary students master writing in the age of AI
Co-investors:
Spintop Ventures, StartupLab

Tise is a P2P digital marketplace for buying and selling second-hand clothes that combine the functionally of traditional online classifieds with the dynamics of social media.

Initial Investment:

2018

Status:

Exited 2025 to eBay

Tise

A marketplace for second-hand fashion
Exited 2025 to eBay
Co-investors:
eBay Ventures, Luxor Capital, VNV Global, Nysnø

Chess is one of the world’s most iconic sports — yet with over 600 million global players, it remains massively under-monetized and underserved as a fan experience.

Take Take Take is here to change that. Co-founded by world champion Magnus Carlsen and Oda co-founder Mats André Kristiansen, the company is building a platform that redefines chess as a spectator sport — combining live match tracking, creator-led content, and social engagement in a single, app-based experience. Their mission is to make following chess as fun, social, and accessible as playing it.

Initial Investment:

2025

Status:

Take Take Take

An entry point to the new era of chess as a spectator sport
Co-investors:
Coatue, Snö Ventures, Peter Thiel, Yuri Milner, Accel Scout, Jim Breyer, Riccardo Zacconi, Fredrik Hjelm, Onstage, MP Pensjon

Oda (Kolonial.no) is the leading online grocery store in Norway and the first Norwegian unicorn. We sold our shares in Oda to Softbank and Prosus in 2021 to get liquidity to invest more capital into the earlier stages of venture capital, where our focus and expertise lies.

Initial Investment:

2014

Status:

Exited 2021 to Softbank

Oda

An online grocery company
Exited 2021 to Softbank
Co-investors:
Softbank Vision Fund, Prosus, Kinnevik, Alliance Venture

Physical Robotics is an upper-body humanoid robot designed to enhance human productivity in diverse environments. With advanced dexterity and precision through multi-degree-of-freedom hands, Physical Robotics excels at intricate tasks, making it ideal for industries like manufacturing and healthcare where precision is key. Its adaptable and capable design ensures safety and efficiency across various applications.

Initial Investment:

2024

Status:

Physical Robotics

An upper body physical intelligent humanoid robot
Co-investors:

Volve is the intelligence platform for tendering and preconstruction in construction. Tendering is where bid strategy, risk pricing and margin are set — around 80% of a project's cost is locked in before contract signature — and it remains the least digitised phase in an industry representing more than EUR 1.6 trillion in annual investment across Europe.

For the first time, AI can hold context across thousands of pages of dense, ambiguous documentation and return judgements a professional would trust in a high-stakes setting. That means the accumulated knowledge sitting inside every contractor — tenders, contracts, risk registers, project histories — can finally become an asset rather than an archive. Volve is built to own that layer.

Initial Investment:

2026

Status:

Volve

An AI platform for tendering in construction
Co-investors:
J12, Norrsken Evolve, OBOS Ventures, Antler, StartupLab, Daniel Kjørberg Siraj

Cardboard automates and controls SaaS portfolios and costs for finance and IT teams using smart virtual cards. With Cardboard, you can approve new subscriptions, simplify payments, and automate receipt collection, addressing a significant challenge for companies of all sizes that use multiple SaaS products requiring card payments.

Initial Investment:

2024

Status:

Cardboard

A software subscription management tool businesses
Co-investors:
Sondo, Proventure, Runway FBU

Kosli is a software company delivering a SaaS tool for software developers that enables continuous and automated compliance and change management.

Initial Investment:

2021

Status:

Kosli

A tool for automated recording and reporting of all changes in your software code
Co-investors:
Heavybit, Transpose, Fortino Capital, Monochrome Capital, Deutsche Bank Corporate Venture Capital, and Defined VC
Company
Co-investors
Initial Investment
Status
Hive
An AI brain making heavy industrial machinery autonomous
Co-investors
Veriten, SuperSeed, Nysnø
Initial Investment
2026
2026
Parahelp
An AI support agent that resolves issues, not just answers
Co-investors
Alt Capital, Y Combinator, Hidden Capital, Perplexity Fund, Paul Graham, byFounders VC, Hanabi and more
Initial Investment
2022
2022
Stendr
A vertically integrated, AI-native platform for drone defence
Co-investors
Rainfall Ventures, ACME Capital, Sisyphus, Antler, StartupLab, Off Piste, Andøya Ventures
Initial Investment
2026
2026
Firi
The leading crypto currency exchange in the Nordics
Co-investors
Schibsted Ventures, The Factory
Initial Investment
2020
2020
Riff
AI agents that handle the work behind every order
Co-investors
Northzone, Global Founders Capital, Maki.vc, Sondo, Ilkka Paananen
Initial Investment
2022
2022
Enode
A platform for energy retailers to orchestrate home energy assets
Co-investors
Creandum, Y Combinator, Lower Carbon Capital, The Box Group
Initial Investment
2021
2021
Starflow
The control unit for solar, storage and EV charging at home
Co-investors
Contrarian Ventures, Sondo Capital
Initial Investment
2024
2024
Cybret AI
Autonomous cybersecurity for an AI-driven threat landscape
Co-investors
Visionaries Club, Inception Fund, Wave Ventures, FR8
Initial Investment
2025
2025
Space Lab
Reusable rockets launched from Norwegian waters
Co-investors
StartupLab
Initial Investment
2024
2024
Nansen
A blockchain analytics tool empowering investors with on-chain insights
Co-investors
Andreessen Horowitz (a16z), Accel, Tiger Global, Coinbase Ventures, GIC, imToken Ventures, Mechanism Capital, SCB 10X
Initial Investment
2020
2020
We Will Write
Helping elementary students master writing in the age of AI
Co-investors
Spintop Ventures, StartupLab
Initial Investment
2025
2025
Tise
A marketplace for second-hand fashion
Co-investors
eBay Ventures, Luxor Capital, VNV Global, Nysnø
Initial Investment
2018
Exited 2025 to eBay
2018
Take Take Take
An entry point to the new era of chess as a spectator sport
Co-investors
Coatue, Snö Ventures, Peter Thiel, Yuri Milner, Accel Scout, Jim Breyer, Riccardo Zacconi, Fredrik Hjelm, Onstage, MP Pensjon
Initial Investment
2025
2025
Oda
An online grocery company
Co-investors
Softbank Vision Fund, Prosus, Kinnevik, Alliance Venture
Initial Investment
2014
Exited 2021 to Softbank
2014
Physical Robotics
An upper body physical intelligent humanoid robot
Co-investors
Initial Investment
2024
2024

Success Stories

TechCrunch
25.07.2019

Nabobil

SoftBank-backed Getaround acquires Norwegian car rental startup

Techcruch
22.09.25

Tise

eBay Acquires Tise, Further Strengthening its Consumer-to-Consumer Expertise

Shifter
08.04.21

Oda

Early Investors in Oda Achieve 17x Return on Their Investment

Finansavisen
04.10.2024

Firi

The Nordic Region's Largest Crypto Exchange with 300K+ Customers

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