J.B. Ugland family office

J.B. Ugland Holding AS is a family-owned investment and holding company based in Grimstad, Norway, focused on real estate development, shipping, and financial investments. The firm actively develops sustainable residential and commercial buildings and urban spaces, manages shipping activities through Ugland & Co, and handles financial funds both in-house and with Lux Nordic Wealth Management, including venture capital. In 2021, the company reported a turnover of 638 million NOK and employed 41 individuals. Its financial investment arm has an average investment size of $3.72 million, with a strategic focus on health services and UK-based companies. Notable portfolio companies include SmartOrg, MicrofluidX, and Lifted. J.B. Ugland Holding AS was established on September 18, 2000, by Johan Benad Ugland. Its business model centers on family-owned holding company generating revenue through real estate development, shipping operations, and financial investments including venture capital.