Norway · Investor

ProVenture

Last cheque observed Jun 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

QuietVC firm

Pre-seedSeedSeries AUs SdgGasSmart Grids

Cheques on record
0%of best year0cheques in 12 months, 11 on record
Since the last cheque4888days00hrs00min00sec
Median round$1.2MRounds led0 of 11Sole investor5 roundsExits2 from the portfolioMostly inNorway, 100%
Pitch ProVenture

ProVenture highlights

  1. 01

    11 rounds on record

  2. 02

    Mostly Venture and Seed: 82% of its rounds

  3. 03

    Sole investor in 5 rounds, median $796K

  4. 04

    2 exits from the portfolio

What they do

ProVenture is a leading Norwegian seed and early stage venture investor.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
Us SdgGasSmart Grids
Based in
Trondheim, Norway
Cold pitches
Accepted

The record

Every round we can evidence, newest first11 appearances

  1. 2013

    1 round

  2. Jun
    EncapSeed · NO · techcrunch.com$2.0MSole investor
  3. 2012

    1 round

  4. Oct
    Verdande TechnologyVenture · NO · in.finance.yahoo.com$8.0MWith 2 others
  5. 2010

    1 round

  6. Aug
    Verdande TechnologyVenture · NO · investinor.no$6.4MWith 2 others
  7. 2009

    1 round

  8. Sept
    NumascaleVenture · NO · numascale.com$4.9MWith 1 other
  9. 2008

    3 rounds

  10. Jan
    Arctic Silicon DevicesSeries B · NO$4.5MWith 1 other
  11. Jan
    Wireless SafetyVenture · NO$754KSole investor
  12. Jan
    Active DSPVenture · NO$1.1MSole investor
  13. 2007

    2 rounds

  14. Oct
    Arctic Silicon DevicesVenture · NO · arcticsilicon.com$744KSole investor
  15. Mar
    Secustream TechnologiesSeries A · NO$796KSole investor
  16. 2006

    2 rounds

  17. Nov
    Verdande TechnologyVenture · NO$1.2MWith 1 other
  18. Nov
    Seed · paidcontent.org$1.0MWith 18 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

We hold 10 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What they claim to have backed

From their own portfolio page (on their website)

7 of 23 we have independently watched raise

CardboardCimonmedicalCuppcomputingEnuaInfotilesNumascaleRebaseDefibrioInline-testJagtechLoopfrontMyvoiceNivelQwaveScaleprotectionSentisystemsSnapmedSonairThtroboticsWellconveyorWellstarterXsensnvca

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Exits from the portfolio

Companies it backed that were later bought or listed2 in all

Arctic Silicon DevicesBought by Hittite Microwave$12MJan 2011
Secustream TechnologiesBought by ConaxUndisclosedMay 2008

An exit counts when it came after the firm's first round in the company. From historical deal records.

Who they invest alongside

The investors most often in the same rounds as ProVenture. A count of rooms they were both in, not a relationship either has claimed.

Quick answers about ProVenture

What does ProVenture invest in?

ProVenture invests most often at Venture and Seed (82% of the rounds on record), in sectors such as Us Sdg, Gas and Smart Grids.

How active is ProVenture?

11 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2013.

How big are ProVenture's cheques?

The median round it joins is $1.2M.

Does ProVenture lead rounds?

Rarely, if at all: none of its 11 investments on record names it as the lead.

Where does ProVenture invest?

Most of the companies it backs are in Norway (100%).

Is ProVenture investing now?

No investments in the last 12 months; the latest was in Jun 2013.

Who does ProVenture invest alongside?

Most often Investinor (3 rounds together) and Energy Capital Partners (2 rounds together).

What kind of investor is ProVenture?

ProVenture is a VC firm based in Trondheim, Norway.

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it