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TeleVenture Management

Europe, Oslo, Norway, Oslo

Description

TeleVenture Management AS is a well-established venture capital firm based in Oslo, Norway, with a significant history in the Nordic investment landscape. Founded in 1993, the firm specializes in providing capital to early-stage growth companies within the information and communication technology (ICT) and related sectors. Over its three decades of operation, TeleVenture Management AS has cultivated a robust portfolio, having invested in more than 70 companies since its inception. This extensive track record underscores its deep experience and commitment to fostering innovation within its chosen industries.

The firm's investment strategy is keenly focused on identifying promising early-stage companies that have already demonstrated a proven product or service and are generating initial revenues. TeleVenture Management AS seeks out ventures with strong management teams, indicating a preference for operational maturity and leadership capability alongside technological innovation. Their approach emphasizes active partnership with portfolio companies, aiming to support their growth trajectory beyond just financial injection.

TeleVenture Management AS typically deploys initial investments ranging from NOK 10 million to NOK 30 million. This translates to approximately $940,000 to $2,820,000 USD, based on current exchange rates, positioning them to support significant early-stage development. The firm also indicates a willingness for follow-on investments, providing continued support as their portfolio companies scale. This long-term perspective and substantial initial funding capacity make TeleVenture Management AS a key player in the Norwegian and broader Nordic venture capital ecosystem, particularly for technology-driven enterprises.

Investor Profile

TeleVenture Management has backed more than 26 startups, with 0 new investments in the last 12 months alone. The firm has led 17 rounds, about 65% of its total and boasts 3 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Norway, United States.
  • Strong thematic focus on Software, Manufacturing, Advertising.
  • Typical check size: $940K – $2.8M.

Stage Focus

  • Series Unknown (81%)
  • Seed (8%)
  • Series A (4%)
  • Series C (4%)
  • Undisclosed (4%)

Country Focus

  • Norway (96%)
  • United States (4%)

Industry Focus

  • Software
  • Manufacturing
  • Advertising
  • Biotechnology
  • Information Technology
  • Crm
  • E-commerce
  • Marketing
  • Mobile
  • Proptech
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does TeleVenture Management frequently co-invest with?

BV
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Sarsia Seed Management
Europe, Hordaland, Norway, Bergen
Co-Investments: 1
Investinor
Europe, Sor-Trondelag, Norway, Trondheim
Co-Investments: 2

What are some of recent deals done by TeleVenture Management?

Genetic Analysis

Oslo, Oslo, Norway

Genetic Analysis has the goal of being a leader within the field of molecular diagnostics of diseases related to gut imbalances.

BiotechnologyGenetics
Series UnknownOct 1, 2017
Amount Raised: $2,000,000
CrayoNano

Trondheim, Sor-Trondelag, Norway

CrayoNano is a semiconductor company, manufacturer of hybrid material based UV-C LEDs for disinfection.

Advanced MaterialsCleanTechLightingManufacturingSemiconductorSustainabilityWater Purification
Series UnknownJun 22, 2017
Amount Raised: $5,888,200
Stingray Marine Solutions

Oslo, Oslo, Norway

Stingray Marine Solutions is engaged in developing a technology for the removal of sea lice.

AquacultureComputer VisionHardwareLaserSoftware
UndisclosedDec 20, 2016
Amount Raised: $5,200,000
Documaster

Oslo, Oslo, Norway

Documentation made simple. Documaster makes it easy to tag, store and find documentation

Archiving ServiceCloud InfrastructureComplianceDocument ManagementInformation ServicesInformation TechnologySaaSSoftware
SeedJun 8, 2016
Amount Raised: $1,973,483
Bitreactive

Trondheim, Sor-Trondelag, Norway

Bitreactive AS has developed and launched a technology platform for rapid development and maintenance of M2M applications.

Consumer SoftwareEnterprise SoftwareSoftware
Series UnknownFeb 1, 2016
Holberg EEG

Bergen, Hordaland, Norway

Holberg EEG AS is a Norwegian eHealth company for structured reporting of advanced diagnostic data, currently electroencephalography (EEG).

Health DiagnosticsSoftware
Series UnknownSep 11, 2015
Amount Raised: $685,881
GlucoSet

Trondhjem, Sor-Trondelag, Norway

GlucoSet is medical device company that is developing sensor technology for improved glucose control in intensive care units.

Health CareMedicalMedical Device
SeedApr 9, 2015
Inhbio

Oslo, Oslo, Norway

Inhbio is a Bio-materials developing non-toxic preventative ”state-of-the-art” additives reducing the biofilm challenge.

BiopharmaBiotechnology
Series UnknownOct 9, 2014
MazeMap

Palo Alto, California, United States

MazeMap is a service for indoor maps, designed for large building complexes, such as universities, hospitals, venues, and airports.

Indoor PositioningInternetLocation Based ServicesMapping ServicesNavigation
Series UnknownSep 9, 2014
Cloudberry Mobile

Oslo, Oslo, Norway

Cloudberry Mobile is an outsourcing partner to the mobile operator for indoor coverage.

Telecommunications
Series UnknownApr 8, 2014