# Sandwater

Sandwater is a Private Equity based in Oslo, Norway.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Oslo, Norway
- **Region:** Europe
- **Address:** Oslo, Norway
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** sandwater.com
- **LinkedIn:** https://www.linkedin.com/company/sandwater

## Regulatory record

- **Reports private funds:** No

## About

Sandwater is a venture capital firm backing early-stage companies that build solutions for the change we need. Rooted in the Nordic spirit of collaboration and transparency, it brings passion, commitment and a fearless drive to help founders succeed. Its sweet spot is venture capital investments in resource efficiency, energy transition, and productivity and resilience, typically from Seed to Series B across the Nordics and Northern Europe.

## People

- Tom Even Mortensen — Managing Partner
- Kristian Melhuus — Partner
- Morten Iversen — Partner
- Torkel Engeness — Partner
- Adele Unneberg — Investment Director
- Katherine Mellis — Investment Director
- Chloe Fu — Investment Manager
- Marianne Wangen Eriksen — Investment Manager
- Didrik Dewan — Investment Associate
- Morten Korsveien — Head of Operations & Finance
- Reetta Heiskanen — Head of Communications
- Alexander Domin — Partner

## Questions

### What investment stages does Sandwater target?

Sandwater concentrates on expansion and late-stage growth companies. It does not participate in early-stage venture rounds, seed funding, or buyouts. The firm looks for companies that have established product-market fit and need capital to scale operations, positioning itself as a partner for the growth phase rather than the startup formation phase.

### Does Sandwater prioritize impact alongside financial returns?

Yes. Sandwater's own wording frames its mission as funding companies that tackle important societal challenges. The firm uses the phrase 'impact that matters' as its core descriptor. However, Sandwater has not publicly released a formal impact report, specific thematic exclusions, or third-party verified impact metrics.

### How large is the Sandwater team?

Sandwater publishes a dedicated team page on its website but does not list any individual names, roles, or bios. The absence of disclosed professionals means no headcount, investment committee structure, or individual track records are available in the public domain. This level of opacity is unusual for an institutional growth equity manager.

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Last updated: 2026-08-11T15:08:04.536Z

Canonical page: https://altss.com/profile/sandwater

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