Sparebanken Vest
Overview
Sparebanken Vest, established in 1823, is the third-largest savings bank in Norway, primarily serving the western region of the country. It functions as an independent financial services group providing a comprehensive range of banking products to both private and corporate clients. In addition to its core banking operations, Sparebanken Vest is an active investor, making direct investments through a venture portfolio into start-up companies, particularly those in Western Norway focused on sectors like environmental technology and medicine. The bank also generates income from asset management and brokerage activities. In August 2024, a merger with Sparebanken Sør was announced, with the combined entity to be named Sparebanken Norge.
Portfolio Companies
2
Website
spv.noInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Beat Technology | Jun 2024 | VC Round | Co-investor |
| Folio | Jun 2022 | VC Round | Co-investor |
| Folio | Jun 2018 | Seed | Lead |
| Folio | Jun 2018 | Convertible Debt | Lead |
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.