ProVenture Seed III – “sustainable digital technologies” is open for business
We launched our new fund with over 250 prosperous tech companies in our dealflow. Our original plan was to hold off on our marketing of the fund until we had worked through this initial wave. But extraordinary times require extraordinary measures.
So - if you are:
- a startup company planning to raise funds in 2020;
- less than 5 years old, and;
- do not have commercial revenue (revenue from beta releases and pilots are ok)
-You might be a perfect match for ProVenture Seed III
We are looking for world class teams with the talent and drive it takes to build a pre-revenue startup to a recognized company that runs in the forefront of the 4th industrial revolution globally. We like deep tech / IPR heavy companies with a B2B model. We are especially fond of value propositions in the renewable, ocean, e-health and financial space or other industry verticals where Norway has a global industrial position as we work closely with our fund investors to unlock the potential you represent. That said, we will not exclude _any_ world class teams with an unfair advantage in the digital space.
Besides being an early stage VC with a fresh fund, what else do we bring to the table in ProVenture Seed III?
We have built high-tech companies from scratch to global acquisitions and IPOs in the roles of start-up CEOs, corporate execs and as early and late stage investors. We have been on all sides of the table in global M&A processes, we have gone bankrupt (not fun), filed patents, ran global business development and marketing, crunching in the lab to deliver important customer demos – so in short: we have been around the block a few times and connect with founding teams in ways only founders can.
Even though we have/are in a global turmoil right now we believe the future is bright for tech companies in the digital space. We are only 10 years away from the next peak.
Geir Ove, Tom, Borgar, Ane, Ingvar, Herbjørn and the rest of the ProVenture team