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Unconventional Ventures

NordicEuropeClimateHealthtechFintechB2B SaaSConsumer

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Investment thesis

Unconventional Ventures invests in scalable impact tech companies founded by underrepresented entrepreneurs. The firm believes that the convergence of impact and diversity is imperative: those directly facing the world's most formidable challenges are best positioned to comprehend their intricacies and devise viable solutions, thus presenting significant financial opportunities as well as creating lasting impact. The firm requires at least one underrepresented founder (identifying as women, people of color, immigrants, and/or LGBTQ+) in the core team and companies must have environmental or social impact at the core of their business model. UV focuses on technology-driven solutions across climate tech, healthtech, edtech, and inclusive fintech.

Notable quotes

We like to see that the founding team has a deep understanding of the specific problem, either through personal experience or through someone close to them. This ensures that solutions come from people with a deep understanding of the problem, its context, and dependencies, as well as a strong drive to develop effective solutions.

Nora Bavey · GoClimate

Very few are open to accepting the data-backed fact that teams with a high degree of perspectives lead to higher levels of innovation and have also proven to generate greater returns.

Nora Bavey · GoClimate

There's a lot of impact funds popping up in the Nordics, but the uniqueness of UV is not only do we only invest in those type of diverse founders, but we are also the only fund that also invest only with impact at the core.

Thea Messel · TechCrunch · 2023-09-04

Recent investments

CompanyRoundSizeDate
AirmoSeed$6m2026-03-12
FloxSeed$1m2025-08-07
Alba HealthSeed$3m2025-05-27
Nala EarthSeed$4m2025-01-01
Octarine BioSeries A$6m2026-01-22
The Blue BoxSeed$3m2025-07-08
MeelaSeed2024-07-01
Climate XSeries A2024-06-26
CellugySeed
SaveggySeed

Frequent co-investors

VC firmDeals together
Almi Invest4
Ada Ventures2
Antler2
Noaber Ventures2
Pi Labs2
Atomico1

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