Norwest

Profile

Norwest is a multi-stage investment firm headquartered in the United States with significant operations in India and Israel. Founded 65 years ago, it operates with a team that includes experienced professionals who provide strategic guidance to their portfolio companies. Norwest is known for balancing its large-scale capital investments with personalized support and resources, making a distinctive impact in the global venture capital ecosystem.

Norwest invests in technology, healthcare, and consumer sectors with a focus on areas like manufacturing, pharmaceuticals, financial services, and deep tech including AI. They write checks typically ranging from $250-350 million annually, deploying their vast capital across US, India, and Israel. With $18 billion in total AUM, their notable funds include Norwest 18, a $4 billion fund. They support their portfolio companies through strategic advisory and operational guidance, rather than merely financial backing.

Some of Norwest's notable investments include Swiggy, an Indian food delivery company; Amagi Media Labs, a SaaS provider; and JJG Aero, an aerospace manufacturer. Internationally, they have invested in BillionToOne, a precision molecular diagnostics firm, and MBX Biosciences. By partnering with its companies, Norwest aids in crucial decision-making to help them scale and succeed in the global market.