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Sandwater

sandwater.com Direct + LP

Sandwater is a venture capital firm based in Oslo, Norway, investing in early-stage companies in resource efficiency, energy transition, productivity, and resilience. It manages €400M in assets and typically invests €2M to €10M in seed to Series B rounds.

Sandwater is a venture capital firm headquartered in Oslo, Norway. It invests both directly in companies and in funds as a limited partner, from seed to Series B, in resource efficiency, energy transition, productivity and resilience. Its stated cheque size is €2M to €10M. €400M under management and 23 portfolio companies, as it reports.

“Venture capital investments in resource efficiency, energy transition, productivity and resilience is our sweet spot.”

Sandwater, own website
Layer
Direct + LP
Type
Venture capital
Stage
SeedSeries B
Headquarters
Oslo, Norway
Invests in
Nordics, Northern Europe
Sectors
resource efficiency, energy transition, productivity, resilience
Cheque size
€2M to €10M
Assets under management
€400M
Portfolio
23 companies

Team, as Sandwater publishes it

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

Names and roles exactly as listed on sandwater.com. Nothing else about these people is recorded.

Co-invests most often with

Derived from portfolio pages both investors publish themselves: each pair below lists at least one company in common. 8 co-investors found.

Where this comes from

Every fact above was read from a page Sandwater publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.

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Record 963 · added 2026-08-28 · link last verified 2026-09-06 · confidence high

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