Growth equity, Oslo
Verdane
Venture capital firm · Oslo · Founded 2003
Quick read
Verdane is a specialist growth equity firm founded in 2003, headquartered in Oslo with offices in Berlin, Copenhagen, Helsinki, London, and Stockholm. It backs tech-enabled and sustainable European businesses across two core themes — digitalisation and decarbonisation — deploying €20–150m+ per company. Over €4bn in total fund commitments and a 3.8x average MoC place it among Northern Europe's most active growth investors.
Key facts
- Founded
- 2003
- Founders
- Bjarne Kveim Lie
- Employees
- 130+
- Sectors
- generalist, saas, climate
- Website
- verdane.com
Investment thesis
Verdane invests €20–150m+ in growth-stage, tech-enabled and sustainable European businesses, focusing on digitalisation and decarbonisation. It can act as minority or majority investor, buying into single companies or portfolios of companies, and runs in-house operating experts to support portfolio growth.
Recent activity
- Jan 2026investmentVerdane acquired a majority stake in Smartbox Group, an augmentative and alternative communication (AAC) technology company, to accelerate its expansion. tracxn.com
- Feb 2026investmentVerdane and Scott Capital Partners invested in Bluewater Bio and Aquavest to grow their water reuse solutions businesses. cbinsights.com
- 2024fundraiseVerdane closed EUR 2.2 billion across two funds — Edda III and Freya XI — in the preceding six months, delivering a 3.8x average MoC to investors. linkedin.com
- 2023fundraiseVerdane Capital XI (now renamed Verdane Freya XI) closed oversubscribed at its €1.1 billion hard cap, nearly doubling its predecessor fund which closed at €610 million. linkedin.com
- 2024leadershipVerdane expanded its software investment team with new hires, per a LinkedIn announcement. linkedin.com
- 2023investmentVerdane announced investments in Booksy (B2B beauty software), Tise (Nordic recommerce marketplace), Carla (second-hand EV marketplace), and JamesEdition (luxury real estate marketplace) as part of its Edda fund activity. linkedin.com
- 2023productThe Verdane Capital fund family was rebranded to Verdane Freya, referencing Norse mythology, aligning naming across all Verdane fund families. verdane.com
Notable investments
- Smartbox GroupMajority acquisitionJan 2026tracxn.com
- Bluewater BioGrowthFeb 2026cbinsights.com
- AquavestGrowthFeb 2026cbinsights.com
- BooksyGrowth2023linkedin.com
- EasyPark GroupGrowth2023linkedin.com
- Urban Sports ClubGrowth2023tracxn.com
- TiseGrowth2023linkedin.com
- HornetsecurityGrowthparsers.vc
Key people
Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.
- Bjarne Kveim Lie · Co-Founder and Managing Partner
- Staffan Mörndal · Partner
- Bjarne Lie · Managing Partner
- Henrik Aspén · Partner
- Christian Jebsen · Partner
Sources
Other VCs in Norway
- Idekapital · Early-stage VC, Oslo·
- Skyfall Ventures · Seed VC, Oslo·
- Alliance Venture · Multi-stage VC, Oslo
Explore VCs by sector
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Frequently asked
What is Verdane?+
Verdane is a specialist growth equity firm founded in 2003, headquartered in Oslo with offices in Berlin, Copenhagen, Helsinki, London, and Stockholm. It backs tech-enabled and sustainable European businesses across two core themes — digitalisation and decarbonisation — deploying €20–150m+ per company.
Where is Verdane headquartered?+
Verdane is headquartered in Oslo, Norway.
When was Verdane founded?+
Verdane was founded in 2003 by Bjarne Kveim Lie.
What sectors does Verdane invest in?+
Verdane focuses on generalist, saas, climate. They primarily invest in these sectors.
How do I prepare for a meeting with Verdane?+
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