Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Skyfall Ventures is an early-stage venture capital fund based in Oslo, Norway, founded in 2016. The firm focuses on investing in Nordic tech startups, aiming to support founders who are building innovative solutions across various sectors. Skyfall Ventures has established itself as a significant player in the Nordic investment landscape, with a total of 74 tracked investments as of 2026.
The firm operates with a fund size of approximately $24 million, primarily targeting pre-seed and seed stage companies. Skyfall Ventures emphasizes a sector-agnostic approach but shows particular interest in technology-driven sectors such as artificial intelligence, energy technology, blockchain, robotics, and cybersecurity. The firm has a strong commitment to supporting local startups, with a notable concentration of investments in Norway.
Skyfall Ventures has built a reputation for backing ambitious teams before they achieve product-market fit, embracing high uncertainty in their investment strategy. The firm’s focus on early-stage investments aligns with its mission to foster innovation within the Nordic tech ecosystem.
Skyfall Ventures primarily invests in early-stage companies, specifically at the pre-seed and seed stages. The firm is comfortable with high uncertainty and aims to back teams before they achieve product-market fit. Their investment strategy is sector-agnostic, although they have a keen interest in technology-driven sectors, particularly artificial intelligence, energy technology, blockchain, robotics, and cybersecurity.
The firm typically writes checks ranging from $5 million, allowing them to provide substantial support to their portfolio companies. Skyfall Ventures maintains a geographic focus on the Nordic region, with a strong emphasis on Norwegian startups. They seek to partner with ambitious founders who possess a technical background, often requiring at least one technical co-founder with coding expertise.
Skyfall Ventures values innovation and aims to support companies that are developing solutions with significant growth potential. Their investment approach is characterized by a willingness to engage with high-risk ventures that demonstrate a clear vision and ambition.
Skyfall Ventures has built a diverse portfolio of 74 companies, showcasing notable growth potential across various sectors. Key portfolio companies include:
These companies reflect Skyfall Ventures' commitment to investing in innovative solutions that address contemporary challenges in technology and energy. The firm continues to expand its portfolio, actively seeking out startups that align with its investment thesis.
Espen Malmo: Managing Partner & Co-founder. Espen has extensive experience in venture capital and has been instrumental in building Skyfall Ventures since its inception.
Jon Kåre Stene: Partner & Co-founder. Jon brings a wealth of knowledge in technology investments and has played a key role in sourcing and managing portfolio companies.
Preben Songe-Møller: Partner & Co-founder. Preben has a strong background in entrepreneurship and venture capital, contributing to the firm's strategic direction.
Cecilie Skjong: Investment Manager. Cecilie focuses on deal sourcing and portfolio management, leveraging her expertise in the Nordic tech ecosystem.
To pitch Skyfall Ventures, founders should reach out via email at team@skyfall.vc. It is advisable to include a concise overview of the startup, the problem being addressed, and the proposed solution. A well-structured pitch deck that outlines the business model, market opportunity, and team background is essential. Response times may vary, but the firm encourages early-stage discussions and is open to engaging with founders at different stages of their journey.
In 2023, Skyfall Ventures made 13 investments, continuing its active engagement in the Nordic startup scene. Notable recent investments include Cybret AI, WeWillWrite, and Databutton. The firm also confirmed its participation in a $6.8 million funding round for Sonair, a company specializing in robotics perception.
Skyfall Ventures has maintained a consistent investment pace, averaging around 6-7 deals per year. As of 2026, the firm has tracked a total of 74 investments, reflecting its commitment to supporting early-stage companies in the Nordic region.
What are Skyfall Ventures' investment criteria?
Skyfall Ventures primarily invests in early-stage companies at the pre-seed and seed stages. They focus on technology-driven sectors such as AI, energy, robotics, and cybersecurity. The firm seeks ambitious teams with at least one technical co-founder.
How can I pitch to Skyfall Ventures?
Founders can reach out via email at team@skyfall.vc for pitches or inquiries. The firm encourages early-stage discussions and does not restrict contact based on investment stage.
What makes Skyfall Ventures different from other VCs?
Skyfall Ventures emphasizes a sector-agnostic approach while showing a strong preference for technology-driven sectors. They are comfortable with high uncertainty and aim to support teams before they achieve product-market fit.
What is the average check size for investments?
The average deal size for Skyfall Ventures is approximately $3.39 million, with initial ticket sizes starting at NOK 5 million.
What is the geographic focus of Skyfall Ventures?
Skyfall Ventures primarily focuses on the Nordic region, with a significant concentration of investments in Norway. They aim to support local startups and foster innovation within the region.
What kind of post-investment support does Skyfall Ventures provide?
Skyfall Ventures adds value to its portfolio companies by providing strategic guidance, leveraging industry connections, and supporting founders through the early stages of growth.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.