Finstart Nordic

Finstart Nordic, established in 2018, serves as the strategic investment arm of SpareBank 1 Sør-Norge, focusing on fintech, technology, and impact companies across the Nordic region. As a 100% owned subsidiary of SpareBank 1 Sør-Norge ASA, Finstart Nordic operates closely with the bank's strategic business development and innovation efforts, offering opportunities for collaboration, partnerships, and distribution.

The firm's investment strategy targets seed and early-stage growth companies, with the potential to follow on through growth stages. Their typical investment size ranges from NOK 2 million to NOK 10 million per round. Finstart Nordic seeks to identify strong synergies with SpareBank 1 Sør-Norge, aiming to improve or extend existing value chains as a full-service financial institution. Their portfolio includes companies such as Apex, Aritma, Beaufort, Boost Ai, Celsia, Folkeinvest, Gojust, Justify, Lucidtech, Morescope, Norm Invest, Open Horizon, and Swiipe.

Finstart Nordic's approach emphasizes being valuable, resourceful, and active partners to the companies they engage with. By integrating with SpareBank 1 Sør-Norge's ecosystem, they strive to create synergies that support long-term and sustainable growth for their portfolio companies, assisting them in achieving necessary transformations and contributing to wiser climate decisions.