Sandwater

What is Sandwater?

Sandwater is a venture capital firm based in Oslo, Norway, that specializes in supporting ambitious companies with a clear aim to make an impact that matters.

They focus on funding companies in various stages, primarily within the Seed, Series A, and Series B rounds, with investment amounts ranging from a minimum of 100,000 to a maximum of 5,000,000, and a sweet spot of about 1,500,000. Their investment thesis revolves around accelerating and scaling innovative businesses that contribute positively to the planet and its inhabitants. Sandwater is particularly interested in startups operating in industries such as AgroTech, Energy, HealthTech (& Fitness), Cloud Services (& Infrastructure), Medical Devices (& Hospital Services), Healthcare (& Wellness), and Mobility.

Their strategy includes investing thematically with a focus on resource efficiency, energy transition, human health and wellbeing, and impact enablers. Sandwater differentiates itself by offering more than just capital – they bring to the table their conviction, past experience, and the strength of their connections within a broader ecosystem.

They aim to help portfolio companies scale, leveraging technology, whether in hardware, software, or a combination of both, to address pressing challenges and foster sustainable development. The Sandwater portfolio showcases their commitment to a diverse range of groundbreaking solutions such as digital biomarkers for heart diseases, sustainable animal feed, performance cooling technology, and advanced robotics, among others.

Sandwater seeks European-based startups raising their Seed or Series A round and emphasizes collaboration with entrepreneurs that have the potential to create lasting impacts on human health and the environment.

What they say:

We invest in ambitious companies to make an impact that matters.