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.
Tidligfasekapital Vestland is a venture capital organization focused on early-stage companies in the Vestland region of Norway. Established to strengthen the local economy, it aims to create sustainable jobs and enhance export revenues. The organization operates through the Tidligfasefond Vestland I and is owned by Connect and VIS. This fund is designed to bridge the capital gap for startups transitioning from the idea stage to scalable businesses.
Founded in 2024, Tidligfasekapital Vestland has quickly positioned itself as a key player in the regional investment landscape. The organization emphasizes investments in sectors such as healthcare, energy, and technology, prioritizing startups that demonstrate significant growth potential and innovative solutions tailored to regional needs. The fund's mission aligns with the broader goal of transforming local research and talent into globally competitive companies.
With a focus on sustainability and ESG principles, Tidligfasekapital Vestland actively engages with early-stage startups, providing not only capital but also local investor validation and support within the regional ecosystem. The organization is based in Bergen, Norway, and is committed to fostering a thriving entrepreneurial environment in the Vestland region.
Tidligfasekapital Vestland invests in promising startups across various sectors, including healthcare, energy, and climate. The organization targets early-stage companies at the Friends & Family, Pre-seed, and Seed stages, with a particular emphasis on strong teams that possess ambitious growth plans. The fund seeks innovative solutions that address both local and global market needs while adhering to ESG principles.
The investment strategy of Tidligfasekapital Vestland is designed to close the early-stage capital gap in the Vestland region. The organization looks for startups that can demonstrate scalability and a commitment to sustainable practices. Founders are encouraged to present ambitious growth plans and innovative ideas that align with the fund's focus on creating sustainable jobs and enhancing export revenues.
Geographically, Tidligfasekapital Vestland concentrates its efforts within Europe, specifically targeting the Vestland region of Norway. The fund's investment approach is structured to support startups that are not only rooted in the local community but also have the potential for global impact.
Tidligfasekapital Vestland has invested in a diverse range of companies that reflect its commitment to sustainability and innovation. The current portfolio includes:
This portfolio showcases Tidligfasekapital Vestland's dedication to supporting startups that align with its investment thesis of fostering sustainable growth and addressing regional needs. The organization actively seeks to expand its portfolio by identifying additional promising startups within its target sectors.
Espen Hundsnes Grøvlen - Fund Manager: Espen has a background in finance, accounting, and informatics. He previously worked with Argentum Asset Management and Askeladden & Co, bringing valuable experience to his role at Tidligfasekapital Vestland.
Ove Gjelsvik - Dealflow & Investor Relations: Ove manages deal flow and investor relations, ensuring effective communication between the fund and potential portfolio companies.
Dag Skansen - Advisor - Due Diligence: Dag provides advisory support for due diligence processes, leveraging his expertise to assess potential investments.
Halvor Aas - CFO: Halvor oversees financial operations and is also the board chair of Tidligfasekapital Vestland Invest AS.
Gøril Selvik - Observer: Gøril has a background in leadership roles within Connect Vest and has previously served as board chair during the fund's establishment.
Atle Sivertsen - Chair of the Board: Atle provides governance and strategic oversight for the organization.
Stine Fiksdal, Anne Cathrin Østebø, Henna Raknes - Board Members: These individuals contribute to the governance and strategic direction of Tidligfasekapital Vestland.
To pitch Tidligfasekapital Vestland, founders should visit the official website and submit their proposals through the designated channel. It is important to include a comprehensive deck that outlines the business model, market opportunity, and growth strategy. The organization values pitches that demonstrate alignment with its focus on sustainability and innovation.
Response times may vary, but founders can expect to hear back within a few weeks. Warm introductions are preferred, as they can enhance the likelihood of a successful pitch. Founders are encouraged to clearly articulate their vision and how it aligns with the fund's investment thesis.
In 2025, Tidligfasekapital Vestland announced its first close, marking a significant milestone for the organization. The fund has completed five new investments since its inception, focusing on early-stage companies in the Vestland region.
Recent investments include participation in the pre-seed round for Noteless, a healthtech company utilizing AI to assist health professionals. This investment aligns with the fund's focus on supporting innovative solutions in the healthcare sector.
Additionally, Tidligfasekapital Vestland continues to engage with local startups, reinforcing its commitment to fostering sustainable growth and job creation in the Vestland region.
What are Tidligfasekapital Vestland's investment criteria?
The organization invests in early-stage companies within the healthcare, energy, and climate sectors. It seeks strong teams with ambitious growth plans and innovative solutions that align with ESG principles.
How can I pitch to Tidligfasekapital Vestland?
Founders can submit their pitches through the official website. It is recommended to include a clear business model, growth strategy, and alignment with the fund's focus areas.
What makes Tidligfasekapital Vestland different from other investors?
Tidligfasekapital Vestland emphasizes local investor validation and support within the Vestland region's ecosystem, providing not just capital but also connections and resources to help startups thrive.
What is the geographic scope of Tidligfasekapital Vestland's investments?
The organization primarily focuses on the Vestland region of Norway, although it seeks startups with global market potential.
What stages does Tidligfasekapital Vestland invest in?
Tidligfasekapital Vestland invests at the Friends & Family, Pre-seed, and Seed stages, targeting companies that are ready to scale.
What type of support can portfolio companies expect?
Portfolio companies receive not only financial backing but also mentorship, operational support, and access to a network of local investors and resources.
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.