Farvatn Venture

What is Farvatn Venture?

Farvatn Venture is an investment fund that focuses on supporting startups and collaborating with venture funds to make a positive imprint on the world. They invest in early-stage companies, specifically within Seed and Series A funding rounds, with investment amounts ranging from $200,000 to $400,000 and a sweet spot of $300,000 for their investments. The firm has a strong interest in sectors such as Energy, CleanTech, Impact, and more broadly in ventures that address the UN sustainability goals.

Their investment thesis revolves around the commitment to life below water, life sciences, renewable energy, and gender equality, which are viewed as crucial for an improved and sustainable future.

With a concentrated regional focus on the Nordic countries and Silicon Valley, Farvatn Venture targets the verticals of Ocean, Life Science, and Renewable Energy, drawn from their roots in industrial shipping and diversified investments after the sale of JO Tankers to Stolt Nielsen in 2016.

This change marked a pivot to a new century of diversified investments. Their portfolio includes venture funds such as Sterling Road, Hadean Ventures, Katapult Accelerator, and Ulu Ventures, as well as startups like EthicIRIS.AI, Evoy, and Cimon Medical.

The team at Farvatn Venture is composed of experienced professionals, including Kristin Odfjell with expertise in health care, clinical trials, and sustainability; Johan Odvar Odfjell who is knowledgeable in international finance, investments, and operations; and Karina Halstensen Birkelund who specializes in renewable energy, investments, and finance.

Together, they work towards accelerating the transition to net-zero energy and promoting sustainable development goals, thereby creating a diversified investment portfolio with an impact.