Schibsted Ventures (Schibsted Growth)

Schibsted Ventures, which also operates under the Schibsted Growth brand, is the corporate venture capital arm of Schibsted ASA, the Stockholm- and Oslo-based Nordic digital brand, media and marketplace group. Founded in 2010, the venture unit is headquartered in Stockholm with additional offices in Oslo and Paris. Head of Ventures Jussi Lystimaki leads the team, supported by investors Susanna Grill Erntell, Hanne Hollstedt, and Fredrik Bjorland. Schibsted Ventures deploys from a 60 million euro fund and targets seed, Series A, and growth-stage rounds in digital consumer-facing and marketplace technology companies across the Nordics, averaging roughly eight investments per year. The firm leads rounds and concentrates on marketplaces, media technology, fintech, e-commerce, proptech, and energy technology — sectors where Schibsted's deep Nordic audience, distribution network, and marketplace expertise create an operationally meaningful edge. Across 111 disclosed investments the firm has delivered 34 exits and maintains 17 to 20 actively branded portfolio companies. Named investments include Tibber (Norwegian energy management software, backed in a $100 million Series C in March 2022 with an $11.5 million follow-on in early 2025), Rive (online real estate), Lendo (consumer lending marketplace), FundingPartner (Norwegian loan crowdfunding, where Schibsted led a NOK 44 million round), Ingrid (Schibsted co-led a 21 million euro Series B in March 2024 with Verdane), and Tings (circular marketplace, co-led in February 2024 with Spintop Ventures). Schibsted Ventures translates the parent company's 100-plus years of Nordic media and marketplace scale into a structural advantage for portfolio founders: access to Schibsted's audience, commercial channels, and operating knowledge in markets where that credibility materially accelerates product adoption and go-to-market reach.