Friar Venture is an investment fund to accelerate growth in tech companies in Telemark and Vestfold. The investment mandate is flexible in terms of company size, technology and industry. Only companies with a head office address in Telemark and Vestfold are of relevance. Friar Venture has been established to meet the need for risk capital in the region, which has historically been a challenge for many growth companies. The establishment of the fund represents an important step in strengthening innovation og ventures in Telemark and Vestfold.
At Arendalsuka 2024, our session on regional funds discussed the role these funds play in fostering local value creation across Norway. The event, hosted by Sparebanken Sør, brought together key figures in the industry to discuss how regional investment strategies can be optimized to support economic growth in less urbanized areas.
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Friar Venture, our regional venture fund in Telemark and Vestfold, has hit the ground running in its first six months. The fund is experiencing strong deal flow, showcasing the incredible innovation happening within the region. We're thrilled to announce that Friar Venture has already made three exciting investments so far
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New investment that reflects Skagerak Capital’s commitment to fostering innovation in sectors that have a significant environmental impact
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Friar Venture is an investment fund to accelerate growth in tech companies in Telemark and Vestfold. The investment mandate is flexible in terms of company size, technology and industry. The establishment of the fund represents an important step in strengthening innovation and ventures in Telemark and Vestfold.
Read more>