# Farvatn Venture

Farvatn Venture is a Venture Capital based in Bergen, Norway.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Bergen, Norway
- **Region:** Europe
- **Address:** Bergen, Norway
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** farvatnventure.com
- **LinkedIn:** https://no.linkedin.com/company/planet-9-capital

## Regulatory record

- **Reports private funds:** No

## About

Farvatn Venture supports startups and work with venture funds to make a positive imprint on the world.

## Sectors

- Life Sciences
- Energy Transition & Renewables
- AgriTech & FoodTech

## People

- Kristin Odfjell — Senior Advisor / Founder
- Johan Odvar Odfjell — Senior Advisor / Founder
- Karina Halstensen Birkelund — Investment Professional

## Questions

### Does Farvatn Venture participate in fund commitments or only direct deals?

Both. The firm has committed LP capital to over 30 venture funds — including SOSV, Lowercarbon Capital, Clean Energy Ventures, At One Ventures and Aqua-Spark — and holds direct equity in roughly 45 startups such as Evoy, IRIS.AI, Cimon Medical and Pinovo. The fund portfolio is concentrated in climate, ocean and life-science managers.

### Which sectors does Farvatn Venture explicitly invest in?

The firm’s website names three verticals: Ocean, Life Science and Renewable Energy. Its portfolio execution shows a specific focus on marine electrification, ocean-plastic mitigation, aquaculture technology, AI-driven drug discovery, medical devices, and energy-transition infrastructure. It also screens for alignment with four UN sustainability goals — life below water, life sciences, renewable energy and gender equality.

### Where does Farvatn Venture’s capital come from?

The underlying wealth was generated through the Odfjell family’s JO Group, which operated in Norwegian shipping for a century. The 2016 sale of JO Tankers — at the time the world’s third-largest operator of advanced chemical tankers — to Stolt-Nielsen provided the liquidity that seeded Farvatn Venture. No outside family or institutional capital is disclosed.

### What is Farvatn Venture’s known posture on co-investments alongside external GPs?

The firm co-invests rather than leads; its direct startup holdings frequently overlap with fund relationships. For example, the 2022 investment in Evoy was made alongside Link Capital and Momentum, both name-checked in Farvatn’s fund portfolio. This pattern — deploying alongside GPs it already backs — is central to how the family office accesses deal flow without building a large in-house origination team.

## Related profiles

- [PLANEJAR](https://altss.com/profile/planejar)
- [Planetary Impact Ventures](https://altss.com/profile/planetary-impact-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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