Sandwater

We’re heading to New York Climate Week 🌎 This year, we’re especially excited to be hosting Super Climate New York together with fellow VC firms such as Voyager Ventures, Extantia and Lightrock: bringing together LPs and GPs for conversations around the technologies and companies shaping the next chapter of the energy transition. Beyond Super Climate, Kristian Melhuus & Tom Even Mortensen will be in New York throughout the week, meeting founders, connecting with investors and industry leaders.

Mesh San Francisco brings the founders and investors pushing the Nordics forward together, co-hosted with top tier US and Nordic VCs 👏 We are excited to join as a co-host! October 3-5th 2026: showcasing the best of the Nordics to the best of SF. Let's go. Anders Mjåset / Aya Fabricius / Tom Even Mortensen / Mårten Mickos / Luke Pappas / Jimmy Fussing Nielsen / Kristel Kruustuk / Marit Rødevand / Svana Gunnarsdottir / Linus Dahg / Magnus Bergman / Oliver Molander / Maria Wasastjerna / Arne Tonning 🚀 & co

A huge thank you to everyone who joined us for Sandwater Investor Day 2026 in Oslo! It was fantastic to bring our founders, LPs and team together in the same room - and to reflect on what lies ahead. The message was clear: the things worth building rarely come easy. Europe is not short on extraordinary engineering, technical talent or ambitious founders. What it needs is the dedicated capital and long-term support to help the winners scale. And the next industrial chapter is already being built: across industrial technology, energy and resources. At Sandwater, we’re proud to support the next generation of ambitious European companies as they turn hard problems into lasting success. Thank you to our founders, LPs and team for being part of the journey. The building continues. Make it undeniable.

Say hello to the latest addition to our team, Alexandre Bouyssou who joins us as Operations & Finance Manager! Alexandre works across operations at Sandwater, helping support the team with the firm’s internal processes and day-to-day activities. He joins Sandwater with a rare mix of experience from the Norwegian Armed Forces and Permian, where he worked as a fund administrator. When he’s not working, Alexandre spends much of his time staying active. He enjoys running in the woods, exploring the mountains, and hunting. And, if that wasn’t enough, he’s also fluent in French. Welcome to the team, Alexandre 👏

SHE Conference is back in Oslo next week ✨ We’re excited to see our own Marianne Wangen-Eriksen take the stage at: 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 – 𝗡𝗼𝗿𝘄𝗲𝗴𝗶𝗮𝗻 𝗮𝗻𝗱 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗙𝘂𝗻𝗱𝘀 𝗖𝗼𝗺𝗽𝗮𝗿𝗲𝗱 Hosted by Thommessen Together with Lumo Labs and Sandwater, Thommessen will explore what founders should consider when raising capital across markets. And that’s not all! Marianne will also join the Pitch Party jury, alongside Sagar Chandna (RunwayFBU), Stefan Petersson (Xplorico), Tonje Ørnholt (Ada Ventures), and Linn-Cecilie Linnemann (LUMO Labs). We’re looking forward to meeting ambitious founders and great conversations around the future of venture capital 👏

We are all geared up for Arendalsuka next week - Norway’s largest democratic meeting place and the country's premier arena for debate, dialogue and collaboration. Each year, Arendalsuka brings together leaders from business, government, academia, civil society and the public to discuss the issues shaping the future of the Nordics. You can catch our Tom Even Mortensen at these panel discussions: 📍 Monday, 10 August | 16:00 Where is the safe haven now? War and geopolitical instability, energy shortages, AI-driven optimism and constantly shifting financial markets are challenging many of the investment principles we've long taken for granted. How should we invest when risks are rising, uncertainty is high and conventional wisdom no longer holds true? 📍 Tuesday, 11 August | 08:00 AI after the hype - how do organizations create real value from AI? In addition we are hosting a VC mingle onboard the iconic M/S Sogne on Tuesday at 4.30 PM together with Norsk venturekapitalforening NVCA - reach out to reetta@sandwater.com if you are still missing an invite ✨ See you next week!

🚀 The pharmacy back-room is getting a software upgrade and we're backing the team building it. Sandwater has co-led CurifyLabs €12M Series A, alongside HealthCap, with Tesi and existing investors such as Lifeline Ventures joining the round. The problem: personalized medicine is exploding in demand, but most compounding is still manual, slow and hard to scale. The fix: CurifyLabs' Compounding System Solution ( proprietary software + GMP excipients + 3D printing ) turns pharmacies into precision manufacturing hubs. Their latest printer compounds 9x faster than manual methods. Already running in 21 U.S. states and across Europe, thousands of doses a day. This round: U.S. expansion, supply chain, R&D. Full speed ahead. Welcome to the Sandwater family CurifyLabs, Charlotta Topelius & Dr. Niklas Sandler, PhD & the full team!

🚀 Sandwater is leading Alva Industries €16M round, alongside Nysnø Climate Investments and Emerald Technology Ventures and Samsung Ventures. Why we are in? Alva's patented FiberPrinting™ technology builds frameless motors that are the lightest, thinnest and most powerful in their class. Cogging-free, no compromises. We live in a world where every gram and millimeter matters in robotics, aerospace, medtech, defense. That's a category shift. The company has hundreds of active customer projects and the leading OEMs are already designing Alva in. Demand accelerates across every vertical that matters for the future of advanced hardware. This is what deep-tech conviction looks like: proprietary technology, real traction and a team built to scale. Read more on Tech.eu https://lnkd.in/e-rAhjzJ

Two weeks have passed since we announced the launch of the €80M fund Gardar, which will be operated on Sandwater’s platform. We are incredibly grateful for the response and for the many conversations that have followed. What has stood out most is the strong alignment around the mission behind the fund, which focuses on peace and safety for Ukraine and the rest of Europe. It has been remarkable to see many of Norway’s leading family offices engage with and support this initiative. Their commitment, insights, and shared long-term perspective reinforce our conviction that there is both momentum and opportunity ahead. More about Gardar now on Bloomberg: https://lnkd.in/eFX9--fa

What started six years ago has grown into the premier gathering for leading climate tech investors and industry pioneers and Super Climate Berlin once again brought together a brilliant bunch. We had an epic time co-hosting this year's event together with VC friends like World Fund, Greencode Ventures, Norrsken & others. Thank you Jil Lindau & team 😍