Friar Venture is an investment fund to accelerate growth in tech companies in Telemark and Vestfold. The investment mandate is flexible in terms of company size, technology and industry. Only companies with a head office address in Telemark and Vestfold are of relevance. Friar Venture has been established to meet the need for risk capital in the region, which has historically been a challenge for many growth companies. The establishment of the fund represents an important step in strengthening innovation and ventures in Telemark and Vestfold.

Read more here: https://www.heroya-industripark.no/en/news/launching-new-regional-growth-fund-friar-venture