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SNÖ Ventures

Location on request · Invests in Europe; UK · Website

Pre-SeedSeedSeries AMedia & EntertainmentGamingB2B SaaSDeveloper ToolsHealthcare & BiotechCrypto & Web3Enterprise SoftwareDeveloper Tools & InfrastructureHealthcare & Digital Health

Thesis

Nordic-focused VC providing global access and local support for the region's most daring tech pioneers. We back transformative companies across gaming, AI, software infrastructure, and emerging technologies with founders who have global ambitions and shipping experience.

Likely not a fit for

Traditional software clones, regulated financial services (outside of Web3), asset-heavy hardware manufacturers (except defense tech), first-time founders without shipping experience, companies without global ambitions

How they invest

Lead or follow
Usually leads
Typical decision
~2 weeks
Warm intro
Not required
Involvement
Takes a board seat
Decision process
Partnership vote

Partners & team

2 contacts on file

MU

Magne Uppman

PartnerPartner · Primary contact

+ Pitch

m•••@sn•••.vc

LinkedIn profile

X profile

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TB

Teodor Bjerrang

PartnerPartner

+ Pitch

t•••@sn•••.vc

LinkedIn profile

X profile

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Portfolio

Sky MavisGaming

Sky Mavis is a gaming company that introduces the world to crypto through nostalgic games and practical applications, notably through its flagship product, Axie Infinity.

Sky Mavis (Axie Infinity)

Sky Mavis is the company behind Axie Infinity, a blockchain-based game where players collect and battle creatures called Axies. The company operates its own blockchain platform, Ronin, which supports the game's infrastructure and economy.

PortalOneGaming

PortalOne is focused on creating hybrid games that merge the best aspects of gaming and television, offering a unique entertainment experience. Their platform allows players to compete in games and participate in shows, with opportunities to win prizes.

Take Take TakeMedia Entertainment

Take Take Take is reimagining chess by transforming it into a global, emotional spectacle that captivates fans. Founded by 17x World Chess Champion Magnus Carlsen, the platform aims to enhance chess as a sport and engage a broader audience.

Aris MachinaEnterprise Software

Aris Machina is shaping the next era of manufacturing by building industrial superintelligence that unifies research, people, machines, data, and factories into one continuous loop of progress. Their AI-powered tools enhance industrial development and production.

Nolla HealthHealthcare Digital

Nolla Health combines cutting-edge AI with real doctors to deliver fast, personalized care for skin conditions directly through your phone.

IntuiCellEnterprise Software

IntuiCell is a Lund University spin-off that applies neurophysiological insights to redesign artificial intelligence, creating systems that can think and learn like humans and animals.

Economic MindEnterprise Software

Economic Mind provides comprehensive market intelligence solutions, focusing on deep analysis of individual companies and structured financials to empower strategic decision-makers across various sectors.

MusicInfraEnterprise Software

Building a modular platform for modern rights management, helping artists, songwriters and other rights holders get paid faster and more accurately through AI-powered recognition and matching solutions.

ChurneyMarketing Adtech

Churney leverages AI to optimize marketing strategies by predicting customer lifetime value (pLTV), enabling businesses to maximize return on ad spend (ROAS) and drive revenue growth.

IgniteEnterprise Software

Ignite is the leading procurement & supplier intelligence platform, built to give companies complete visibility and control over their spend and suppliers. It unifies procurement data to provide actionable insights for decision-making.

SpringFintech Payments

Spring is an all-in-one solution for Web3 syndicates, providing decentralized infrastructure to simplify coordination of legal, token distribution, and operational processes for investment communities.

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Research briefRead more
SNÖ Ventures Research Overview SNÖ Ventures was a Nordic-focused venture capital firm based in Oslo, Norway, providing global access and local support for the region's most ambitious tech pioneers. Founded in 2016 by childhood friends Magne Uppman and Teodor Bjerrang, SNÖ built a reputation for backing visionary entrepreneurs across diverse sectors. The firm wound down operations in August 2025, w

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