Profile
Planet 9 Capital is a venture capital firm based in Bergen, Norway, operating under the Farvatn investment group. It was formed in 2016 as a transition from JO Tankers, which was sold after a century of industrial shipping. The venture firm is composed of a team of investment professionals with expertise in diverse sectors, including ocean, life sciences, and renewable energy. The team includes individuals like Kristin Odfjell, with expertise in healthcare and sustainability, and Johan Odvar Odfjell, who holds international finance and operations experience.
Planet 9 Capital primarily invests in sectors like ocean, life sciences, and renewable energy, with a focus on sustainability. Their key geographical areas of interest are the Nordic countries and Silicon Valley. Though specific check sizes are not mentioned, their investment partners and portfolio reflect a diverse range of investments. They connect with strategic partners such as angel networks and venture funds, seeking to create impactful investments aligned with UN sustainability goals.
The firm's notable portfolio companies include Ethic, a company focused on sustainable investing, IRIS.AI known for AI solutions, Evoy, specializing in electric propulsion systems, and Cimon Medical, which deals with health monitoring devices. This diversified portfolio highlights Planet 9 Capital's commitment to advancing innovation in sectors vital for a sustainable future.
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