Farvatn Venture

Farvatn Venture is a venture capital firm established in 2016 and located in Bergen, Norway, with additional operations in San Francisco. The firm focuses on early-stage investments in companies and funds within the ocean, life science, and renewable energy sectors, targeting opportunities across the Nordic countries and Silicon Valley. By concentrating on these verticals, Farvatn Venture aims to support the development of innovative technologies and sustainable solutions in emerging markets.

Johan Odvar Odfjell

Investor

25 past transactions

Pagedip

Seed Round in 2022
Pagedip allows content owners to re-imagine their documentation in a way that is more functional, accessible and enjoyable for the end user.

Gobi Stories

Venture Round in 2022
The Gobi technology makes it possible to implement stories on websites.

Aunt Flow

Series A in 2022
Aunt Flow Corp. is a company based in Columbus, Ohio, that manufactures and supplies menstrual products, including tampons and pads made from 100% organic cotton. Founded in 2018, Aunt Flow is committed to ensuring that everyone has access to essential menstrual products. The company sells its products directly to consumers online and partners with businesses and schools to provide free access through wall-mounted dispensers. For every tampon purchased, Aunt Flow donates one to a menstruator in need within the United States, reinforcing its mission of community support. In addition to menstrual products, Aunt Flow also offers branded apparel and merchandise, such as shirts, sweatshirts, and menstrual guides, contributing to a broader conversation about menstrual health and accessibility.

Alife

Series A in 2022
Alife is a health technology company that specializes in developing artificial intelligence tools aimed at improving the success rates of pregnancy for patients undergoing fertility treatments. Founded in 2020 by Paxton Maeder-York and based in San Francisco, California, Alife utilizes advancements in deep learning and software development to assist physicians in selecting the healthiest embryos during in vitro fertilization (IVF) procedures. The company's mission is to connect fertility specialists with patients, ultimately enhancing the chances of having healthy children. Through its innovative approach, Alife seeks to play a significant role in the field of reproductive health.

PrecisionLife

Series A in 2022
Finds unique disease signatures that lead to the right targets in the right tissues and the right patients

Scindo

Seed Round in 2022
Scindo is a cleantech start-up harnessing the power of enzymes to recycle the unrecyclables. We are targeting plastics that cannot be efficiently recycled with current methodologies, to turn them into high-value molecules that can be used in a plethora of industries. We are creating a more circular economy for plastics by developing an alternative to landfills and incineration.

Aivero

Seed Round in 2021
Aivero is an information technology company that focuses on machine vision, robotics, and 3D video streaming. It has developed a platform that provides artificial intelligence services utilizing 3D vision technology. This platform offers a 3D machine vision service designed to facilitate the large-scale deployment of video cameras, thereby enhancing automation processes. Aivero's innovative software enables clients to recreate the real world in the cloud in real time, using accessible and cost-effective depth and 3D cameras.

Aura

Venture Round in 2021
Aura Health is a digital wellness company that specializes in mindfulness meditation through its mobile application available on iOS and Android platforms. Founded in 2015 and headquartered in San Francisco, California, Aura offers personalized content aimed at reducing stress and anxiety. The app connects users with a global community of therapists and coaches, providing tailored resources designed to enhance mental well-being. Through its innovative approach, Aura Health seeks to create a supportive environment for individuals looking to improve their mental health and overall quality of life.

uMore

Pre Seed Round in 2021
uMore is a mental well-being platform dedicated to tracking and managing stress, anxiety, and depression. The platform allows users to self-monitor their mental health through various indicators that highlight their progress, while its AI technology identifies patterns in their data. Users have the option to track their mental well-being independently or invite trusted individuals, such as friends, family members, or healthcare professionals, to join their safe-circle. This feature enables timely notifications to the safe-circle when a user’s mental health score declines, addressing gaps in healthcare access and improving support. Additionally, uMore provides users with bite-sized content and tailored application suggestions to assist in coping with their conditions. The platform also includes a library of customizable, science-based therapy worksheets designed to enhance therapists' workflows and promote client engagement in their therapeutic journeys.

Desert Control

Venture Round in 2021
Desert Control is a cleantech company that specializes in turning deserts to green land using our patented Liquid NanoClay (LNC). To cultivate desert into farm land normally takes 7-15 years, but Desert Control found a way to convert sandy soil into fertile land in 7 hours. The mix sinks into the soil, creating a 40-60 cm deep layer, which retains the water like a sponge. This layer stops water from evaporating and ensures optimal growing conditions for anything you plant in it. One application of LNC lasts a minimum of 5 years.

Picterus

Seed Round in 2021
Picterus is an app under development designed to diagnose Jaundice in newborns. Untreated jaundice in newborns is responsible for 114,000 deaths and 65,000 permanent brain damages each year. More than three quarters of these deaths occur in the poorest regions of the world, in sub-Saharan Africa and south Asia. Cheap treatment is available through e.g. sunlight, but the diagnostic devices in use today cost around 10,000 dollars, making them practically unavailable in low-resource settings.

Cimon Medical

Series A in 2020
Cimon Medical AS specializes in the development and manufacturing of ultrasound blood-flow monitoring devices, particularly for vulnerable patient populations such as premature or critically ill infants. Founded in 2019 and headquartered in Trondheim, Norway, the company has created the NeoDoppler device, which enables direct, non-invasive, and continuous monitoring of cerebral blood flow. The core innovation lies in a coin-sized ultrasound probe that employs a single-element transducer with an unfocused beam. This design allows for the simultaneous measurement of blood circulation within a cylindrical area of tissue, providing relative measures of blood volume flow without the need for complex equipment or skilled operators. This approach addresses the challenges of traditional continuous blood flow monitoring, making it simpler and more accessible for medical professionals.

Iris.ai

Funding Round in 2020
Iris.ai is a Norwegian company founded in 2015, based in Bekkestua, that specializes in developing a research tool designed to enhance the efficiency of research and development teams. The tool enables users to quickly find relevant research by analyzing content and linking key concepts to related academic papers and TED Talk videos. By moving beyond traditional keyword searches and biased citation practices, Iris.ai serves as an AI assistant that supports cross-disciplinary early-stage research projects, streamlining the process of mapping existing knowledge, including published research and patents.

Your Fare

Convertible Note in 2020
Your Fare is an online ordering management platform for restaurants that allows its users to track sales on one dashboard. It also allows restaurateurs to replace their online ordering tablets. It helps manage all 3rd party delivery services in a way that works best for its user. It was built for restaurant operators, by restaurant operators. It was founded in 2015 and is headquartered in Austin, Texas.

Pulse

Series A in 2020
Pulse Q&A Inc. develops an artificial intelligence based platform that provides crowdsourced data for technology executives. It offers Pulse Q&A to test messaging and positioning in real time before campaign launches for a new product launch or a message refresh. The company’s platform is used to make and shape decisions by enabling users to create questions and serve it to peers, customers, or prospects, and collect data. The company was founded in 2017 and is headquartered in San Francisco, California.

Tivic Health

Seed Round in 2019
Tivic Health is a bioelectronic therapeutics company. We translate neuroscience into consumer-friendly medical devices, expanding the role of bioelectronic therapies in the healthcare ecosystem. Their first innovation, ClearUP™ Sinus Pain Relief, delivers temporary relief of sinus pain. It’s a small handheld device that’s easy to use, re-usable, and clinically proven. The company received FDA Clearance January 2, 2019 and will be shipping product in September 2019.

KangaDo

Series A in 2019
KangaDo is a free app for iPhone and Android that enables busy parents and their trusted friends, to help each other get more done. All with peace of mind.

Future

Series A in 2019
Future is a San Francisco-based company founded in 2017 that specializes in personalized online fitness coaching and workout programs. The company provides one-on-one digital training, allowing clients to work with coaches who have experience training professional athletes and Hollywood celebrities. Future's services are designed to be accessible, enabling clients to engage in fitness coaching at home, in the gym, or while on the go, catering to a diverse clientele that includes athletes and busy professionals.

Catch+Release

Venture Round in 2019
Catch&Release is end-to-end content licensing platform that enables brands and advertisers to license content from anywhere on the internet. Streamline the clearance and licensing process within the Content Exchange, a licensing platform where users can organize shots from anywhere on the internet, receive Clearance Ratings to understand what content is licensable, and initiate clearances and licensing at the click of a button. Catch&Release negotiates copyright and model clearances on your behalf, provides indemnification, and keeps track of all documentation, transactions, and license data, so licensing content from the internet is painless, easy, and risk-free.

Ethic

Venture Round in 2018
Ethic operates as a tech-driven asset manager that powers the creation of investment portfolios. It builds separately managed accounts (SMAs) optimized to track the market, align with one’s investment allocation, and outperform on a client’s chosen sustainability criteria. The company was founded in 2015 and is headquartered in New York, United States.

Fabl

Debt Financing in 2017
Fabl (acquired by Britelite Immersive 1Q21) is a rich-media web publishing platform for content marketers that increases time on page by 5x. Content marketing is today's most successful approach to building brand engagement. Brands and marketers are producing more content today than ever before, but are still struggling to connect the dots; managing content creation, publication, engagement, commerce, and analytics is highly time- and resource-intensive. Fabl brings revolutionizes branded content page creation through its intuitive SaaS platform which makes it easy for marketers to create and publish compelling, rich-media enabled, on-brand pages of content quickly and easily. Without dependency on designers, developers or agencies, Fabl empowers marketers to efficiently engage their customers through refreshing page formats that drive results. The average time spent on a page of content built with Fabl is 3 minutes, 17 seconds, representing a 5x increase to the internet average. Fabl synchronizes analytics on the back end, letting marketers assess and adjust page content and format throughout active campaigns for maximum reach and impact.

Vic.ai

Seed Round in 2017
Vic.ai Inc is a New York-based company that specializes in developing artificial intelligence-driven financial and accounting software. Founded in 2016, Vic.ai automates various accounting processes, providing valuable insights and support for finance professionals. The platform leverages extensive data from over 100 million accounting documents and transactions to enhance its capabilities. Key features include Vic Vision, which utilizes advanced document interpretation technology, and Vic Brain, which employs machine learning algorithms to streamline bookkeeping. The company's services encompass invoice processing, approval workflows, and electronic payment processing, enabling organizations to enhance efficiency, accuracy, and analytical insights within their financial operations. Vic.ai is positioned to transform the accounting industry, which is projected to experience significant automation in the coming years.

Aqua-Spark

Venture Round in 2017
Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investment aims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes. Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability.

Ozo Innovations

Series A in 2015
Ozo Innovations Ltd. specializes in ozone-based sanitization and cleaning technologies. The company develops a range of devices for both domestic and commercial use, including small fridge units that help reduce food spoilage and larger systems designed for hotels and restaurants. Key products include the OZOCUBE system, which can be integrated into ventilation systems for continuous degreasing and odor control, as well as portable units such as OPS-3, suitable for diverse environments like offices and care homes. The firm also offers the EW-CUBE, an electrolyzed water system for cleaning in the food industry, and distributes ozone solutions from Ozone Solutions, Inc. in the UK. Ozo's products are utilized in various sectors, including food production, air handling, and institutional cleaning, with plans for expansion into the UK, mainland Europe, and North America. Founded in 2012 and based in Wallingford, United Kingdom, Ozo Innovations was previously known as Ozone Purification Ltd. before rebranding in 2016.

The Honest Company

Series A in 2012
The Honest Company is a consumer products company based in Santa Monica, California, founded in 2011. It specializes in designing and manufacturing eco-friendly and affordable products for babies and homes, focusing on three main categories: diapers and wipes, skin and personal care, and household and wellness items. The product range includes essentials such as eco-friendly diapers, bath and body products, cleaning supplies, and organic nutritional supplements, all available in customizable bundles for convenient online ordering and delivery. The company operates through a network of retail and digital channels, ensuring that its offerings are accessible to consumers across the United States. The Honest Company emphasizes purpose-driven products, catering to the needs of families while promoting sustainability.
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