Sandwater
Status
ACTIVE
Global HQ
Oslo, Norway
Countries of investment
- Norway
- Sweden
- Denmark
- Finland
- Iceland
- United Kingdom
- Germany
- Netherlands
Investment stages
- Pre-Seed
- Seed
- Series A
Industries
- Enterprise Software
- AI
- Climate Tech
- FinTech
- Emerging Tech
- SaaS
- Sustainability
About
Sandwater is an Oslo-based VC focused on pre-seed and seed-stage Nordic and European technology startups. Their focus spans enterprise software, AI, climate tech, FinTech, and emerging tech across Norway, Sweden, Denmark, Finland, Iceland, the United Kingdom, Germany, and the Netherlands. The firm supports mission-driven founders from Pre-Seed through Series A.
Sandwater is an Oslo-based VC focused on pre-seed and seed-stage Nordic and European technology startups. Their focus spans enterprise software, AI, climate tech, FinTech, and emerging tech across Norway, Sweden, Denmark, Finland, Iceland, the United Kingdom, Germany, and the Netherlands. The firm supports mission-driven founders from Pre-Seed through Series A.
Investment Thesis
Sandwater is a pre-seed and seed-stage venture capital firm deploying capital across enterprise software, AI, climate tech, FinTech, and emerging technology sectors with a focus on Nordic and European markets. They invest in mission-driven founders building category-defining technology companies tackling global challenges. The firm differentiates itself through its Oslo positioning at the heart of Nordic tech ecosystem, dedicated focus on impact-aligned founders, operator-investor expertise, and Nordic-European cross-border investment strategy.
Manager's Experience
The Sandwater founding team brings combined Nordic operator-investor expertise across enterprise software, AI, climate tech, and FinTech sectors with focus on mission-driven founders. The team operates from Oslo with dedicated focus on supporting Nordic and European technology founders building category-defining companies tackling global challenges, leveraging deep relationships across Nordic and broader European tech ecosystems.
Team
Tom Even Mortensen - Partner
Torkel Engeness - Partner
Katherine Mellis - Investment Director
Adele Unneberg - Investment Team
Reetta Heiskanen - Team Member
Chloe Fu - Team Member
Didrik Dewan - Team Member
Alexander Domin - Partner
Portfolio
1X Technologies
Antec Biogas
CMR Surgical
CardioSignal
ClimateView
Cytovation
Enduro Genetics
Evyon
FarmInsect
Filics
Grunt
Hallgruppen
Nofence
Oyster Thermal
Powall
Salient Energy
Soil Capital
Standard Bio
Turbulent Flux
Wrepit
XO Life
Mantle8