Terje Eidesmo holds a PhD in Physics from NTNU. After completing his PhD he started at Statoil and held various positions in both research and development and more operationally towards production. Terje held a position as visiting Professor at NTNU, where he lectured and had master's and doctoral students. At Statoil, developed the idea and technology that provided the basis for EMGS, which he led for many years. He was the CEO of the company headed the company for many years. During his period as CEO, EMGS was listed at the Oslo Stock Exchange as one of the few unicorns in Norway. His further career went to ProVenture where he eventually became managing partner and led the two ProVenture seed funds. He also had a period in Kverva behind which he laid the foundation for a new strategy for what is today ScaleAQ and established a management group for this company. ScaleAQ supplies most of the equipment to the salmon breeders.
Tor Helmersen is a business economics graduate from Oslo Business School (now BI) and holds a MBA degree with specialization in finance from the Norwegian School of Economics (NHH). In addition Mr Helmersen is a Certified EFFAS Financial Analyst, and he has many years of experience from executive positions in industry and banking. Prior to Investinor, Mr Helmersen held the position as CFO at Fosen Trafikklag ASA, Nordic Semiconductor ASA and Q-Free ASA respectively, all public companies listed on the Oslo Stock Exchange. He has also held various senior positions at Veidekke ASA, Sparebanken NOR and Norgeskreditt
Karin Aakerholm holds an Bachelor in Economics and Business Administration with specialization in marketing from Trondheim Business School (now NTNU Business School). Before joining Investinor, she was a Marketing Coordinator at DNB Næringsmegling AS for 13 years.
Lina Frammarsvik holds an MSc in Finance and Strategic Management from Copenhagen Business School, as well as an MSc in Accounting and Auditing from the Norwegian School of Economics. Prior to working for Investinor, Lina spent 5 years in auditing at PwC.
Otto Frøseth holds a (B.Sc.) in engineering with additional education in business economics and ICT. For more than 25 years he has held executive positions in international business, e.g. CEO of Siemens AS and site manager at Siemens in Trondheim. Within the Siemens corporation Mr Frøseth also worked as division director at Siemens Building Technologies in the Nordic and Baltic regions, and he led the development and implementation of the Siemens corporation’s Smart City projects. Otto Frøseth also established Siemens’ global venture in city infrastructures. He is currently board member at Investinor's portfolio company Stimline and AIA Science AS, and deputy member of the board in Investinors portfolio company Polight AS, AIA Science AS and Novelda AS.
Ann-Tove Kongsnes is an Investment Director and Head of International Affairs at Investinor AS. Kongsnes has over her career gained extensive experience from investments, development, M&A, IPO’s and exits of technology companies. Before this, she worked 7 years in international marketing, serving as Director of Marketing and Operations. Kongsnes has broad boardroom experience, and currently serves on the boards of Investinor’s portfolio companies, Numascale AS, Vitux AS, Spinchip Diagnostics AS, Shelterwood AS and poLight ASA (listed on Oslo Stock Exchange). She is also Chair of the Nomination Committee in Novelda AS and a member of the Nomination Committee in Bergenbio ASA (listed Oslo Stock Exchange), Calliditas Therapeutics AB (listed company on Nasdaq, Stockholm) and Phoenix AS. She holds an MSc in Economics and Business Administration from Bodø University College (HiB) and has completed the Advanced Program in Corporate Finance at Norwegian School of Economics (NHH).
Ronny Vikdal holds a Bachelor in Business and Administration from the Norwegian School of Management (BI)and has studied aquaculture at the University of Bergen. He has been Director of Finance and Business Development at Norway Royal Salmon AS, Manager in KPMG, assistant bank manager at Sparebank 1 Midt-Norge, and financial analyst at First Securities ASA, Midt-Norge Fonds ASA and SR-Fonds ASA. Mr Vikdal has also served on the Boards of Directors of several companies. He is currently a member of the Board of Directors in Investinor’s portfolio companies Keep-it Technologies AS, Smartfish AS, Havgul AS, Nordic Halibut AS and Cryogenetics AS.
Phone:+47 959 75 955E-mail:
Pål Breiland holds a Master of Business and Economics (MBE) from BI Norwegian School of Management, specializing in finance. He has previously worked at NorgesInvestor Securities as a financial analyst and fund manager. Mr Breiland is deputy member of the board at Investinor portfolio companies Havgul Clean Energy AS and Cryogenetics AS.
John-Arne Hørløck holds an MSc in Finance and an MSc in Accounting and Auditing from the Norwegian School of Economics (NHH) and is State authorised public accountant. Prior to working for Investinor he was Manager at PwC, and worked as a consultant in Accenture. He is currently board member at Investinor's portfolio company Exprosoft AS, Ziebel AS, Ace Oil Tools AS and Sorbwater Techology AS.
Stig Andersen previously worked as Nordic Head of Corporate Research at Nordea and held various positions in this bank for more than 19 years, e.g. Director Corporate Finance, Senior Analyst and Equity Analyst. He has also played a key role in Nordea’s coverage of the global forest industry. Stig Andersen holds a Ph.D in Forestry Economics from the Norwegian University of Life Sciences and MBA studies at University of Colorado. He is currently part of the Shelterwood investment team, and holds a board member position at Investinor's portfolio company Termowood.
Phone:+47 95 04 03 92E-mail:
Bent Grøver holds an MSc from the Norwegian University of Science and Technology and a PhD in applied mathematics from the University of Cambridge. He has previously worked as a strategy consultant in the UK. Dr Grøver is member of the board at Investinor's portfolio companies Skioo and Kebony.
Patrick Kartevoll holds a Master of Business and Economics from BI Norwegian School of Management. He has previously worked 7 years as a fund manager for maritime funds in Pareto, as well as 4 years as business manager and auditor in Pareto and Deloitte respectively. He is currently board member at Investinor's portfolio companies Topro Industri, Zi-lift, Partner Plast and Cyviz.
Birgitte Villmo holds a Master’s degree in Financial Economics from NTNU and a Master of Finance from Massachusetts Institute of Technology (MIT). She formerly worked 5 years at Norges Bank Investment Management (NBIM) as a graduate trainee and analyst, mainly in London where she was also seconded to UBS Investment Bank for one year. Birgitte is deputy member of the board in Spinchip, and also observer of the board at Apim Therapeutics, Nisonic, Pluvia Biotech and Hubro Therapeutics.
Daniel has a Bachelor’s degree from BI Norwegian Business School and the University of Mannheim. He previously worked as Asset Management Officer at Steen & Strøm AS with key responsibilities in managing operational and development processes in the real estate portfolio. Daniel worked part-time for the private-equity firm, Altor Equity Partners next to his studies, where he assisted the investment team with different analyses and took part in investment processes. He is part of the Shelterwood investment team with his colleague, Stig Andersen. Daniel is also Deputy Board Member at Boostcom and Skioo, and Board Observer at Xeneta, Dimension10 and Termowood.
Thomas holds a MSc degree in finance from the Norwegian School of Economics (NHH). He has close to 20 years of investment banking experience from Norway and abroad. Thomas has extensive transaction experience having been involved in numerous M&A and capital markets assignments, and has also been instrumental in the execution of several larger transactions in recent years. Prior to joining Investinor, Thomas worked as managing director og co-head of SEB’s corporate finance department in Norway. Prior to SEB, he spent six years with Pareto Securities at their Oslo office and six years with Merrill Lynch at their London and Sydney offices.
Patrick Sandahl has extensive investment and transaction experience after almost 20 years as CEO of an investment company, venture capitalist and investment banker.
He came to Investinor after co-founding Cidron Ventures. Prior to Cidron, Patrick was a Director at Nordea Investment Banking with a focus on M&A transactions, rights issues and IPOs. Before joining Nordea, he had the role of CEO at Dyvi Capital, a family office investing in private companies, undervalued listed companies, private equity funds and hedge funds. Prior to Dyvi, Patrick spent
7 years as a Partner at Telenor Venture focusing on investments in Nordic technology companies and he had positions at Telenor and The Municpality of Oslo.
He has extensive board experience from public and private companies in Scandinavia. Patrick holds a Law degree from the University of Oslo.
Maja Aursand Andersen holds a Master of Management degree from Norwegian University of Science and Technology, with specialization in business development and strategy. Prior to joining Investinor, Maja worked as Head of Ideas at NTNU Technology Transfer AS. Previously she has been a project manager in the same company. Before joining NTNU Technology Transfer AS, she was responsible for customer relations with NOS Clearing ASA for five years.
Øystein Wikan has completed a Dual MSc in Finance from NHH and Ivey School of Business. His previous work experience includes Financial Advisory in Deloitte and as a part of the M&A-team in EVRY. In the latter, he was responsible for screening and execution of transactions on behalf of the group, with a focus on Nordic technology companies
Erik Wold holds a Master of Business and Economics from HHN. He has previously worked in Deloitte. Before joining Investinor he was Head of Venture at NTNU Technology Transfer AS (NTNU TTO), a company he co-founded back in 2003. Prior having the responsibility for the company portfolio at NTNU TTO he has been project manager and acting CEO for a period in the same company. He has extensive BoD experience, been responsible for many transactions and has been acting CEO in three spin-off companies from NTNU.
Before Rannveig started at Investinor she worked at Innovation Norway as head of Funding for Entrepreneurs. She was in charge of the development of the Pre Seed Funds and the Startup Loan. She has worked closely with the eco system within early stage funding and has a broad nationwide network. Prior to this she worked within development, industrial design, and she has a solid experience as a team and project manager. She is educated within business and administration from BI Norwegian Business School.
Ola S. Smeby has more than twenty years of experience from M&A and Investments.
Prior to Investinor, Ola was Investment Director at Innovation Norway Seed Capital Funds, other positions has been Head of Investments at Energy Future Invest, a corporate venture capital fund focusing on early stage cleantech an renewable energy. The fund was backed by Statkraft and Eidsiva Energi. In the Family Office Centennial, he held the position as CFO. Ola has studied at universities both in Norway and abroad; Belarusian State University, BI and Master of Technology Management NTNU/MIT Sloan School of Management. Smeby brings a broad boardroom experience, and currently serves on the board of the VC funds Skagerak Maturo Seed AS and FjordInvest SørVest AS.
Christian Wolff-Skjelbred is Investment Director and has since 2014 been responsible for following up the Norwegian government’s (state's) involvement in 14 seed capital funds with NOK 4.3 billion in total committed capital. Since 2008, the funds have invested venture capital in more than 200 companies. Christian has six years of experience from auditing and consulting, he has been Group Controller / CFO in three major Nordic retail chains and Financial Manager in Innovation Norway. He has participated in several major acquisitions and is experienced at negotiation business transitions. He has developed the investment strategy for the Norwegian Red Cross and managed the financial investments. He was responsible (CEO) for building Norway's first and most expansive kindergarten chain from 20 to over 45 kindergartens with 850 employees and a turnover of 0.5 billion. The company was sold to CapMan in 2008. Christian has extensive board experience as chairman and Board member and has also been an active owner in several start-up companies.
Johan Bøe Bjørkevoll has over 15 years of fund investment experience with Innovation Norway, and has been heavily involved in the establishment, operationalization and follow-up of seed funds that have been created with state capital. He has also worked with Innovation Norway's Investment Funds for North-West Russia and Eastern Europe and was responsible for the funds in 2016. He has also previously worked for 6 years DNB Asset Management.
Johan holds an MBA from the University of Bath specializing in finance and entrepreneurship. He has Executive Corporate Finance studies from NHH and an interest rate analyst certification from NFF. Johan holds a BBA from Pacific Lutheran University, Tacoma and the Institute for European Studies, Vienna.
Johan is a board member in Investinor's following fund investments: Alliance Venture Polaris, Sarsia Seed, Norinnova Invest, Midvest I, Alliance Venture Spring and Sarsai Seed II.
Phone:+47 918 01 816E-mail:
Martin Skogset is a third year student at NTNU, studying Industrial Economics and Technology Management, with specialization within artificial intelligence. In parallel, he is studying Social Economics at NTNU. He has previously worked at the startups VitalThings and MovieMask, respectively as Intern and Accounting Manager