ProVenture
Venture Capital
Active
Stavanger, Norway
39
1M
31
2.17
21
0.21
8
- Stages of investment
- Areas of investment
Summary
ProVenture Management appeared to be the VC, which was created in 2005. The venture was found in Europe in Norway. The leading representative office of defined VC is situated in the Trondheim.
The usual cause for the fund is to invest in rounds with 1-2 partakers. Despite the ProVenture Management, startups are often financed by Investinor, Equinor, Energy Capital Partners. The meaningful sponsors for the fund in investment in the same round are Investinor, SINTEF TTO & Venture, Equinor. In the next rounds fund is usually obtained by Investinor, Equinor, Verdane.
The fund was created by Hans Olav Torsen, Herbju00f8rn Skjervold. We also calculated 5 valuable employees in our database.
The high activity for fund was in 2007. Despite it in 2019 the fund had an activity. This ProVenture Management works on 1 percentage points less the average amount of lead investments comparing to the other organizations. The higher amount of exits for fund were in 2016. The real fund results show that this VC is 52 percentage points more often commits exit comparing to other companies. Deals in the range of 1 - 5 millions dollars are the general things for fund. The fund is constantly included in 2-6 deals per year.
Besides, a startup requires to be at the age of 2-3 years to receive the investment from the fund. Among the most successful fund investment fields, there are Energy, Service Industry. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Norway. Among the most popular portfolio startups of the fund, we may highlight Encap, Numascale, Verdande Technology.
Investor highlights
- Stage focus
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Investments analytics
Last fund
- Fund size
- NOK 300000000
- Fund raised date
- 2019-09-20
Analytics
- Total investments
- 39
- Lead investments
- 21
- Exits
- 8
- Rounds per year
- 2.17
- Follow on index
- 0.21
- Investments by industry
- Software (15)
- Oil and Gas (12)
- Information Technology (6)
- Manufacturing (5)
- Energy (4) Show 53 more
- Investments by region
-
- Norway (33)
- United Kingdom (2)
- United States (2)
- India (1)
- Peak activity year
- 2007
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Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 13
- Avg. valuation at time of investment
- 3M
- Group Appearance index
- 0.49
- Avg. company exit year
- 8
- Avg. multiplicator
- 6.47
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Arctic Silicon Devices | 19 Oct 2007 | Hardware, Semiconductor, Electronics | Seed | 744K | Trøndelag, Trondheim, Norway |
| Wellbeats | 02 Aug 2013 | Software, Hardware | Seed | 1M | United States, Minnesota |
| My Voice | 02 Oct 2020 | Software, Information Technology, Telecommunications | Seed | 3M | England, London, United Kingdom |
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