Skyfall Ventures

Skyfall Ventures is a prominent venture capital firm based in Oslo, Norway, dedicated to investing in seed-stage companies across the Nordic region. Established with a clear focus on supporting early-stage innovation, the firm positions itself as a crucial first institutional investor for promising startups with global ambitions. Their investment philosophy centers on identifying exceptional teams, targeting large addressable markets, and backing companies developing defensible technology, primarily within the software, fintech, marketplace, and consumer internet sectors.

The firm typically provides initial capital commitments ranging from NOK 5 million to NOK 20 million. Based on current exchange rates, this translates to approximately $470,000 to $1.88 million USD per initial investment, providing substantial early-stage funding for Nordic founders. Skyfall Ventures is known for its hands-on approach, offering strategic guidance and leveraging its extensive network to help portfolio companies scale beyond their initial markets. This active involvement underscores their commitment to fostering long-term growth and success for the startups they back.

Skyfall Ventures has demonstrated a strong capacity for capital deployment and growth, having successfully raised two significant funds. Their inaugural fund, launched in 2019, secured NOK 350 million (approximately $33 million USD), which was then followed by an even larger second fund in 2022, raising NOK 600 million (approximately $56 million USD). This substantial capital base allows Skyfall Ventures to not only make meaningful initial investments but also to participate in follow-on rounds, providing continued support as their portfolio companies mature and seek further growth capital. Their consistent fundraising success solidifies their position as a key player in the Nordic venture ecosystem.