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

Past deals in Norway

Gobi Stories

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

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.

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.
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