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

General Partner

Kremena Tosheva

Principal

Magne Uppman

Founding Managing Partner

33 past transactions

IntuiCell

Seed Round in 2025
IntuiCell is a technology company focused on developing innovative brain intelligence technology that addresses both manageable and complex challenges using artificial intelligence. The company's unique recursive computing architecture allows its solutions to function on existing hardware or as standalone applications, eliminating the need for external computational support. This flexibility enables various industries to enhance the functionality of consumer electronics and other devices. Through its advanced technology platform, IntuiCell aims to provide effective services and solutions that cater to a diverse range of applications.

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, delivering valuable insights through a dynamic interface. Economic Mind was founded by a team of former consultants and technologists, led by experienced professionals from 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 developer of an analytics platform that focuses on automating customer lifetime value (LTV) analytics. The platform utilizes advanced techniques such as automated machine learning (autoML) and causal inference to provide businesses with insights into their customer behavior. By leveraging these tools, Churney aims to help companies understand, predict, and enhance their customer lifetime value while also minimizing churn rates. The platform enables organizations to make informed decisions based on data-driven analysis, ultimately unlocking the potential of their data through efficient automation.

Presail

Seed Round in 2022
Presail is a management platform designed to facilitate community-driven funding for Web 3.0 projects. It simplifies the investment process by providing tools for fundraising, allocation management, and token distribution. The platform also includes compliance features, allowing businesses in the Web 3.0 space to securely manage their investments. By consolidating these functions into a single application, Presail enables companies and investors to create deals, manage cap tables, and distribute assets efficiently.

Breyta

Seed Round in 2022
Breyta is a developer of customer relationship management software that focuses on enhancing personalized experiences for users across various touchpoints throughout the customer lifecycle. The company offers an integrated technology platform that unifies and activates data from multiple sources, including product, CRM, support, and billing tools, without requiring any coding. By providing a comprehensive tech stack that incorporates third-party marketing, sales, and financial tools, Breyta enables businesses to streamline their operations and improve efficiency, ultimately driving revenue growth.

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 an online financial platform that enables individuals and businesses to earn high interest on their cash through decentralized finance (DeFi). By leveraging DeFi lending markets, Stablegains provides a straightforward personal savings tool that allows users to access digital lending opportunities and generate passive income. This approach eliminates the need for traditional financial institutions, which often involve complex and costly processes. The platform aims to make the safest and most effective DeFi earning methods accessible to consumers, helping them optimize their capital and achieve their financial objectives efficiently.

Speechly

Seed Round in 2022
Speechly develops automatic speech recognition software that translates spoken words into actionable tasks. By leveraging deep learning and natural language processing technologies, the company creates voice interfaces for professional tools and services. Its software incorporates audio processing, speech recognition, and voice activity detection to improve command recognition. This enables developers to enhance the user experience of their applications in a cost-effective manner.

TenNor Therapeutics

Series D in 2022
TenNor Therapeutics is a clinical-stage product development company focused on addressing unmet medical needs in infectious diseases. The company utilizes a dual-acting drug discovery platform to develop innovative treatments for a range of conditions, including Helicobacter pylori infections, prosthetic joint infections, and multidrug-resistant Gram-negative infections. Additionally, TenNor is engaged in creating therapies for diseases associated with bacterial infections and dysbiosis, particularly targeting gastrointestinal tract infections and medical device-related infections. Through its multi-targeting approach, TenNor aims to bring new therapeutic options to patients suffering from various serious infectious diseases.

Sceneri

Seed Round in 2022
Sceneri is a mobile-first 3D development platform that allows users, regardless of their technical skills, to create games and simulations across various devices. The platform features full touch support, visual scripting, and components that facilitate the development process. Additionally, it incorporates advanced technologies such as 3D scanning, artificial intelligence, and virtual reality integrations, enabling users to visualize changes and publish their creations effectively. Sceneri aims to make game development accessible, allowing users to create, play, and share their games seamlessly.

PortalOne

Series A in 2022
PortalOne AS, based in Oslo, Norway, is a pioneering hybrid games company that merges traditional gaming with interactive television to create unique entertainment experiences. Founded in 2018, the company offers a gaming platform accessible via mobile devices, hosting daily 24-hour tournaments across various game genres, including exclusive titles from Atari such as "Pong," "Breakout," and "Centipede." Players compete to ascend leaderboards for a chance to win real prizes like cash and vacations. A key feature of PortalOne's offerings is the "Arcade Show," which integrates live TV elements with gameplay, featuring celebrity guests who engage with players in real time. PortalOne aims to expand its reach beyond the US, Canada, and Norway, aspiring to create a global platform that hosts hundreds of games and diverse show formats. By blending the best aspects of gaming and television, PortalOne seeks to establish itself as the leading destination for hybrid games, akin to how Spotify and Netflix dominate their respective industries.

Mentorcam

Seed Round in 2021
Mentorcam, Inc. is a San Francisco-based company founded in 2019 that operates a video messaging app allowing fans to purchase short video messages offering personal advice and motivation from renowned experts and public figures. The platform serves as a consultation tool, connecting users with mentors who provide guidance on various topics, including fundraising, user acquisition, and tactical sales skills. This service aims to help small business owners and professionals navigate challenges, make informed decisions, and accelerate their business growth through personalized mentorship and expert insight.

Be Your Best

Seed Round in 2021
Be Your Best specializes in science-based cognitive assessment and training specifically designed for soccer players. The company develops game-based virtual reality software that focuses on enhancing cognitive performance through tailored training scenarios that align with players' mindsets. Its software incorporates football-specific tests aimed at improving key cognitive skills such as perception, decision-making, and overall cognitive capacity, derived from actual game situations. By integrating these elements, Be Your Best aims to elevate the physical and mental performance of elite football players.

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, based in Oslo, Norway, is a pioneering hybrid games company that merges traditional gaming with interactive television to create unique entertainment experiences. Founded in 2018, the company offers a gaming platform accessible via mobile devices, hosting daily 24-hour tournaments across various game genres, including exclusive titles from Atari such as "Pong," "Breakout," and "Centipede." Players compete to ascend leaderboards for a chance to win real prizes like cash and vacations. A key feature of PortalOne's offerings is the "Arcade Show," which integrates live TV elements with gameplay, featuring celebrity guests who engage with players in real time. PortalOne aims to expand its reach beyond the US, Canada, and Norway, aspiring to create a global platform that hosts hundreds of games and diverse show formats. By blending the best aspects of gaming and television, PortalOne seeks to establish itself as the leading destination for hybrid games, akin to how Spotify and Netflix dominate their respective industries.

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 offers comprehensive product management tools that facilitate the creation and sharing of roadmaps, documents, and tasks within a centralized location, helping clients maintain focus and clarity on their product's direction. Built with input from game designers, Kitemaker's user experience is highly responsive, allowing for instantaneous interactions among users. The platform operates offline and includes a native desktop application, enabling users to execute tasks without removing their hands from the keyboard, thanks to its integrated command line functionality.

Speechly

Venture Round in 2021
Speechly develops automatic speech recognition software that translates spoken words into actionable tasks. By leveraging deep learning and natural language processing technologies, the company creates voice interfaces for professional tools and services. Its software incorporates audio processing, speech recognition, and voice activity detection to improve command recognition. This enables developers to enhance the user experience of their applications in a cost-effective manner.

Confrere

Seed Round in 2020
Confrere AS is a Norwegian company established in 2017, specializing in a video conferencing platform tailored for professionals who conduct online consultations and meetings with clients. The platform is designed to facilitate interactions for various professions, including healthcare providers, tutors, bankers, psychologists, recruiters, and personal trainers. It enables users to engage with clients through video calls directly in their web browsers, eliminating the need for cumbersome signups or downloads. Confrere’s solution emphasizes security and ease of use, allowing professionals to communicate effectively while also providing the option to sell services directly through the platform.

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 operates an online platform that connects brands with social media influencers, aiming to enhance advertising through user-generated content marketing. As traditional advertising faces challenges from ad blockers, brands seek more authentic ways to engage with their audiences. The platform employs data-driven tools to facilitate meaningful collaborations between brands and influencers, allowing for the creation of genuine content and inspiring narratives. By enabling influencers to effectively target their audiences and match with curated creators, Inzpire.me supports quality content generation and optimizes future marketing campaigns, fostering collaboration across various media channels.

PortalOne

Seed Round in 2019
PortalOne AS, based in Oslo, Norway, is a pioneering hybrid games company that merges traditional gaming with interactive television to create unique entertainment experiences. Founded in 2018, the company offers a gaming platform accessible via mobile devices, hosting daily 24-hour tournaments across various game genres, including exclusive titles from Atari such as "Pong," "Breakout," and "Centipede." Players compete to ascend leaderboards for a chance to win real prizes like cash and vacations. A key feature of PortalOne's offerings is the "Arcade Show," which integrates live TV elements with gameplay, featuring celebrity guests who engage with players in real time. PortalOne aims to expand its reach beyond the US, Canada, and Norway, aspiring to create a global platform that hosts hundreds of games and diverse show formats. By blending the best aspects of gaming and television, PortalOne seeks to establish itself as the leading destination for hybrid games, akin to how Spotify and Netflix dominate their respective industries.

Be Your Best

Venture Round in 2019
Be Your Best specializes in science-based cognitive assessment and training specifically designed for soccer players. The company develops game-based virtual reality software that focuses on enhancing cognitive performance through tailored training scenarios that align with players' mindsets. Its software incorporates football-specific tests aimed at improving key cognitive skills such as perception, decision-making, and overall cognitive capacity, derived from actual game situations. By integrating these elements, Be Your Best aims to elevate the physical and mental performance of elite football players.

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 operates an online platform that connects brands with social media influencers, aiming to enhance advertising through user-generated content marketing. As traditional advertising faces challenges from ad blockers, brands seek more authentic ways to engage with their audiences. The platform employs data-driven tools to facilitate meaningful collaborations between brands and influencers, allowing for the creation of genuine content and inspiring narratives. By enabling influencers to effectively target their audiences and match with curated creators, Inzpire.me supports quality content generation and optimizes future marketing campaigns, fostering collaboration 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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