Oslo-based SNÖ Ventures is winding down, and its three partners will continue investing as solo GPs. The firm, which is backed by German-American billionaire Peter Thiel, most recently launched a target $100m fund in 2021 to back Nordic tech companies.
News
August 25, 2025
Peter Thiel-backed Norwegian VC SNÖ Ventures shuts down
The VC launched its most recent fund in 2021; its partners will launch their own funds
2 min read
Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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