# ProVenture: portfolio, investments and team > ProVenture is a vc firm based in Norway. 11 investments on record, latest Jun 2013. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/proventure (Millionrounds; every figure on the page links to its filing or article) Norway · [Investor](https://millionrounds.com/investors) # ProVenture Last cheque observed Jun 2013. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Quiet VC firm Pre-seed Seed Series A Us Sdg Gas Smart Grids Follow ProVenture and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fproventure) Cheques on record **0%** of best year **0** **cheques in 12 months**, 11 on record Since the last cheque **4888** days **00** hrs **00** min **00** sec Median round **$1.2M** Rounds led **0 of 11** Sole investor **5 rounds** Exits **2 from the portfolio** Mostly in **Norway, 100%** Pitch ProVenture ## ProVenture highlights - 01 11 rounds on record - 02 Mostly Venture and Seed: 82% of its rounds - 03 Sole investor in 5 rounds, median $796K - 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-seed Seed Series A Series B - **Sectors:** Us Sdg Gas Smart Grids - **Based in:** Trondheim, Norway - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **11 appearances** - **2013** 1 round - **Jun** **[Encap](https://millionrounds.com/company/encap)** Seed · NO · techcrunch.com **$2.0M** Sole investor - **2012** 1 round - **Oct** **[Verdande Technology](https://millionrounds.com/company/verdande-technology)** Venture · NO · in.finance.yahoo.com **$8.0M** With 2 others - **2010** 1 round - **Aug** **[Verdande Technology](https://millionrounds.com/company/verdande-technology)** Venture · NO · investinor.no **$6.4M** With 2 others - **2009** 1 round - **Sept** **[Numascale](https://millionrounds.com/company/numascale)** Venture · NO · numascale.com **$4.9M** With 1 other - **2008** 3 rounds - **Jan** **[Arctic Silicon Devices](https://millionrounds.com/company/arctic-silicon-devices)** Series B · NO **$4.5M** With 1 other - **Jan** **[Wireless Safety](https://millionrounds.com/company/wireless-safety)** Venture · NO **$754K** Sole investor - **Jan** **[Active DSP](https://millionrounds.com/company/active-dsp)** Venture · NO **$1.1M** Sole investor - **2007** 2 rounds - **Oct** **[Arctic Silicon Devices](https://millionrounds.com/company/arctic-silicon-devices)** Venture · NO · arcticsilicon.com **$744K** Sole investor - **Mar** **[Secustream Technologies](https://millionrounds.com/company/secustream-technologies)** Series A · NO **$796K** Sole investor - **2006** 2 rounds - **Nov** **[Verdande Technology](https://millionrounds.com/company/verdande-technology)** Venture · NO **$1.2M** With 1 other - **Nov** Seed · paidcontent.org **$1.0M** With 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 [Cardboard](https://millionrounds.com/company/cardboard)[Cimonmedical](https://millionrounds.com/company/cimon-medical)[Cuppcomputing](https://millionrounds.com/company/cupp-computing)[Enua](https://millionrounds.com/company/enua)[Infotiles](https://millionrounds.com/company/infotiles)[Numascale](https://millionrounds.com/company/numascale)[Rebase](https://millionrounds.com/company/rebase) Defibrio Inline-test Jagtech Loopfront Myvoice Nivel Qwave Scaleprotection Sentisystems Snapmed Sonair Thtrobotics Wellconveyor Wellstarter Xsens nvca 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 listed **2 in all** **[Arctic Silicon Devices](https://millionrounds.com/company/arctic-silicon-devices)** Bought by Hittite Microwave **$12M** Jan 2011 **[Secustream Technologies](https://millionrounds.com/company/secustream-technologies)** Bought by Conax **Undisclosed** May 2008 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Pre-seed Seed Series A Median round joined **$1.2M** the round, not its cheque Alone, median **$796K** Led 0 of 11 rounds **0%** - **Sole investor:** 5 rounds - **Last cheque:** Jun 2013 - **Exits:** 2 from the portfolio Rounds by stage said on their site - Venture *7* - Seed said *2* - Series A said *1* - Series B said *1* - Pre-seed said *-* Cheques by year Led Joined 2006 2013 Often in the room with - [Investinor](https://millionrounds.com/fund/investinor) 3 - [Energy Capital Partners](https://millionrounds.com/fund/energy-capital-partners) 2 **Pitching ProVenture?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Investinor** VC firm **3** rounds together](https://millionrounds.com/fund/investinor)[**Energy Capital Partners** VC firm **2** rounds together](https://millionrounds.com/fund/energy-capital-partners) ## 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. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=proventure) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=proventure)