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SNÖ Ventures is an Oslo-based venture capital firm specializing in early-stage investments across the Nordic technology sector. It actively supports high-growth companies throughout Norway, Sweden, Finland, Iceland, and Denmark. The firm provides essential capital and strategic guidance, working to accelerate innovation and market expansion for its portfolio.
Founded around 2015 by Magne Uppman and Teodor Bjerrang, SNÖ Ventures originated from an insight into the unique needs of Nordic tech startups. Their vision was to offer hands-on partnership to cultivate local talent. Max Samuel later joined as a partner, strengthening the firm's investment and operational expertise.
The firm supports visionary founders, guiding their nascent tech ventures towards international prominence. While its fund structure transitions as partners pursue independent funds, SNÖ Ventures remains dedicated to the continued success and development of its existing portfolio.
SNÖ Ventures has 2 tracked investments across 2 companies. The latest tracked deal is $5.0M Seed in Nolla Health in September 2025.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Sep 1, 2025 | Nolla Health | $5.0M Seed | Neeraj Arora, Invesco Private Capital | Blume Ventures, Venture Highway, Diede VAN Lamoen |
| Nov 12, 2024 | Nordic Air Defence | $1.3M Other Equity | SNÖ Ventures | Gustav Wiberg, JAN Gurander, Johan Ahlberg, Jörgen Bladh, Noam Perski |
