Fjord Ventures

Fjord Ventures operates as a specialized venture capital firm that funds and develops emerging companies within the life sciences sector. The firm provides a capital-efficient shared infrastructure and a dedicated funding source to its portfolio companies, emphasizing operational excellence and strategic value creation. This approach differentiates Fjord from traditional venture models by fostering truly aligned incentives among all stakeholders.

The firm was founded in mid-2005 by Olav Bergheim, who currently serves as a Managing Director. Bergheim established Fjord Ventures based on the insight that many venture capital structures misalign incentives, hindering long-term value creation for entrepreneurs. His vision was to build a model that prioritized capital efficiency and swift market entry, leveraging shared resources and deep operational experience to support promising life science innovations.

Fjord Ventures serves early-stage and growth-stage life science companies, partnering with founders to advance product development and achieve market success. The firm’s long-term vision is to drive significant value creation through successful exits, concentrating on a model that reduces dilution for its portfolio companies and rewards the delivery of tangible achievements rather than relying on management fees.