About

Alliance Venture is a venture capital firm managing venture  funds investing in privately held, early stage technology companies. Total funds under management is 430 MNOK (about $ 75 million)

Alliance Venture was formed in 2001 by a team of experienced executives, with a good balance between operations and business, applied research, entrepreneurial and financial background that enables efficient investment evaluations and active follow-up. This is supported by a network of strategic alliances, who can contribute with know-how, deal flow, due-diligence, co-investments and partnerships with the portfolio companies.

Alliance Venture is differentiating itself in Scandinavia by its strong operational and international experience and network which is used in deal flow generation, benchmarking, business development and transacrions.

  • The partners individually have both relevant competence in the areas we invest in, and experience from starting, developing and managing companies in these industries.
  • Alliance Venture actively extends these competencies through a network of business-partners, strategic investors and advisors.
  • Alliance Venture has a good deal flow from its network with industrial partners, tech executives, R&D institutions, VCs and other professionals, and its value added investor position.
  • The team has a track record from previous investments – from selection, through value creation, to exit.
  • Alliance Venture has the local and global alliances needed to succeed both in qualifying and selecting companies, in developing and launching them internationally, and securing attractive exits.

Vision

The objective of Alliance Venture is to create high return for its investors by investing in technology companies at an early stage and to develop these companies to an attractive exit thorugh a strategic trade sale or an Initial Public Offering.

Alliance Venture’s vision and mission is to become the leading early stage venture capital firm in Scandinavia by managing funds with consistent high returns amongst the best in the industry globally. This is achieved by investing in technology companies at an early stage and supporting their growth and global expansion through alliances with leading technology corporations, international venture capital firms and financial advisors.  Eventually, the companies should be sold to a strategic buyer or go public on a stock exchange so that the fund can obtain an attractive financial return.

Alliance Venture has the competence and network to successfully identify, evaluate, develop and support these companies to become commercial successes and international leaders in their segments.

Funds

The Alliance Venture group comprises two management companies, Alliance Venture AS and Alliance Venture Partners AS. There are currently two funds under management with 430 MNOK ($ 75 million) in total committed capital.

The first fund, Alliance Venture IP, was raised in 2001 focusing on early stage ICT companies in Scandinavia and a Trans-Atlantic link. Among the main investors are Asset Management (US), KLP, Nordea, Staff Private Equity, Storebrand and Vital. The Management team also has a significant investment in the fund. This fund is now fully invested with 9 investments, so far with 4 exits with attractive returns.

The second fund, Alliance Venture Polaris, was raised late 2006 with 340 MNOK in committed capital.  It is an early stage/seed fund focusing on Norwegian IT companies within software, hardware, telecom, web and energy related IT. Among the new investors are Borgen Investment Group, DnB, Kistefos, Hydro, Statkraft, Statoil and Teleplan. The fund has obtained a government loan on attractive terms through Innovation Norway.