# Arctic Fund Management

> Arctic Fund Management is a VC fund backing Software, SaaS and Energy. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 2
- Last investment: Sep 2023
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://www.arctic.com/afm

Arctic Fund Management is an independent Nordic Investment Manager. They specialize in managing Nordic equities, Nordic fixed income, and Global Life Science. It is an independent Norwegian investment manager established in 2010. The company is part of the Arctic Group headquartered in Oslo along with one investment team located in Stockholm.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 100% |
| SaaS | 1 | 50% |
| Energy | 1 | 50% |
| Big Data | 1 | 50% |
| Analytics | 1 | 50% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 1 | 50% |
| Series C | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Switzerland | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Pexapark | Pexapark provides software and advisory services for post-subsidy renewable energy sales and risk management.We make PPA transactions happen. -- Our advisory team has supported more than 60 PPA transactions, with a volume of over 10 GW. We manage transactions, support negotiations, source offtakers and advise M&A. We empower you to masterrenewable energy risks. -- We distil 20+ years of energy trading knowledge into user-friendly software tools that build capabilities and give you mastery over renewable energy risks.We connect and educate renewables professionals. -- With our community platform “LinkedIn for renewable energy professionals” we connect key players in the renewable energy market to accelerate the transition to a sustainable, renewable energy future.For more information please visit www.pexapark.com, or get in touch with us at togetherbetter@pexapark.com. | $21.1M | Series C | Sep 26, 2023 |  |
| Arundo Analytics | With offices in Oslo, Houston, and Silicon Valley, Arundo Analytics provides cloud-based and edge-enabled software for the deployment and management of enterprise-scale industrial data science solutions. Arundo's software allows industrial companies and other organizations to increase revenue, reduce costs and mitigate risks through machinelearning and other analytical solutions that connect industrial data to advanced models and connect model insights to business decisions. In 2016, Arundo graduated from Stanford University’s StartX accelerator program and subsequently received investment from the Stanford-StartX Fund. In 2017, Arundo was named to the MIT STEX25 by the Massachusetts Institute of Technology Startup Exchange (MIT STEX). MIT STEX25 recognizes select companies from a pool of more than 1,000 MIT-connected startups as being particularly well-suited for industry collaboration based on technical and commercial success. For more information, please visit www.arundo.com, or follow Arundo Analytics on Twitter @arundoanalytics. | $25M | Series A | Jan 25, 2018 |  |

2 of 2 investments shown.

## Co-investors
- [A&G Energy Transition Tech Fund](https://shizune.co/investors/profile/a-g-energy-transition-tech-fund) — VC Fund, 1 deal together
- [BayWa r.e. Energy Ventures](https://shizune.co/investors/profile/baywa-re-energy-ventures) — VC Fund, 1 deal together
- [Canica](https://shizune.co/investors/profile/canica) — VC Fund, 1 deal together
- [Encavis](https://shizune.co/investors/profile/capital-stage) — VC Fund, 1 deal together
- [Fluence](https://shizune.co/investors/profile/fluence-417f) — VC Fund, 1 deal together
- [Horizon](https://shizune.co/investors/profile/horizon-5) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Arctic Fund Management invest in?

Arctic Fund Management invests primarily in Software, SaaS and Energy startups, most often at Series A and Series C stage. Most of the 2 investments tracked by Shizune back companies in Switzerland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Arctic Fund Management last invest?

The most recent investment recorded for Arctic Fund Management closed in Sep 2023. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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