Schibsted Growth

Schibsted Growth operates as the dedicated venture capital arm of Schibsted, a prominent Nordic media and technology group headquartered in Oslo, Norway. This investment entity strategically focuses on identifying and backing fast-growing digital companies that can significantly benefit from Schibsted's extensive ecosystem, which encompasses leading media brands, digital marketplaces, and advanced technology platforms. Their approach is deeply integrated with the parent company's broader objectives, aiming to foster innovation and expand into new digital verticals that complement Schibsted's core business areas.

As an investor, Schibsted Growth typically seeks companies that have already achieved a proven product-market fit, demonstrating strong traction and clear potential for scalable growth. They prioritize businesses led by robust management teams with a clear vision and execution capability. Rather than being passive financial investors, Schibsted Growth positions itself as a long-term, active owner, often taking a significant minority stake in their portfolio companies. This active involvement allows them to provide strategic guidance, operational support, and access to Schibsted's vast network and resources, including marketing channels and technological expertise.

Schibsted Growth's investment mandate typically targets initial cheque sizes ranging from NOK 20 million to NOK 200 million. This translates to approximately $1,874,000 to $18,740,000 USD, based on recent exchange rates. This substantial range indicates their flexibility to invest across various stages of growth, from late seed to Series B or C, provided the company aligns with their strategic focus and demonstrates significant growth prospects within the digital landscape, particularly within the Nordic region or areas of strategic interest to Schibsted.