Sagene Tech Ventures

Sagene Tech Ventures is a pre-seed venture fund established in Oslo in 2016. It invests in B2B SaaS companies based in Norway. Its gang of 8 investors have...

Sagene Tech Ventures

Sagene Tech Ventures is a pre-seed venture fund established in Oslo in 2016. It invests in B2B SaaS companies based in Norway. Its gang of 8 investors have founded several companies, scaled some, advised founders, and help portfolio companies grow, sometimes joining the board.

Website

sagenetech.no

linkedin.com/company/sagene-tech-ventures

General information

Firm type

Venture Capital

Year founded

2016

Location

Region

Europe

Country

Norway

City

Oslo

Corporate office

Oslo, Norway

Principals

Kjetil Moløkken-Østvold

Åsmund Furuseth

Axel Gustavsen

Marius B. Steen

Jostein Magnussen

Hans Kristian Grani

Anette Kristin Bø Andreassen

Stig André Jacobsen

Sector focus

Enterprise Software

Does Sagene Tech Ventures invest outside of Norway?

No. According to the firm's own website, Sagene Tech Ventures invests exclusively in B2B SaaS companies based in Norway. There is no public evidence of portfolio companies domiciled elsewhere.

What investment stage does Sagene Tech Ventures target?

Sagene self-identifies as a pre-seed venture fund. The firm states explicitly that it invests at the pre-seed stage, making it one of the first institutional checks a Norwegian B2B SaaS founder can receive. There is no disclosed follow-on reserve policy or later-stage allocation.

Which sectors does Sagene Tech Ventures explicitly avoid?

Sagene Tech Ventures focuses entirely on B2B SaaS. The firm's narrow mandate excludes consumer technology, hardware, climate-tech, and energy-transition sectors — all of which are well-represented elsewhere in the Norwegian venture landscape. No non-SaaS portfolio companies have been identified.

Who runs investment decisions at Sagene Tech Ventures?

The principals behind Sagene Tech Ventures have not been publicly disclosed. The firm's website and all available public records do not name a founder, managing partner, or investment committee member. Decision-making authority remains opaque.

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