Founder & General Partner at Andöya Ventures. Backing exceptional Nordic founders at pre-seed. Previously co-founded SNÖ Ventures.
Norway
Joined November 2007
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Magne Uppman retweeted
Excited to have Chelsea and the Metrodora team as partners on bringing more accessible healthcare to everyone!
We’re proud to announce that Nolla Health has received a strategic investment from @ChelseaClinton and Metrodora Ventures.
“AI can expand access to care, but only if it’s built responsibly. Nolla is closing real gaps, including for patients long underserved by dermatology, while working with the public sector rather than around it. It’s an exciting example of what responsible innovation in health can and should look like,” said Chelsea.
We believe the next generation of healthcare will be built around an ongoing relationship with each patient: care that understands you, follows your progress, and adapts as your needs change. AI creates an opportunity to make that kind of care abundant and accessible to everyone, combining clinical expertise with support that fits into everyday life.
At Nolla, we’re building toward that future, starting with dermatology and expanding across specialties to empower people to manage their health over time.
Building that future responsibly means working in partnership with the public sector and within the guardrails it sets. That’s why we spent almost a year working with Utah regulators before launching our pilot.
Ensuring equity is also central to that vision. We’ve trained and evaluated our models across an array of skin tones, with particular attention to the historic underrepresentation of darker skin tones in dermatology data and tools.
Chelsea and Caroline Kassie of Metrodora Ventures emphasized equity and responsible innovation as priorities in our earliest conversations, and that shared focus is a big part of why we’re excited to work with them. Chelsea’s longstanding dedication to public health and expanding access to care will be invaluable as we bring Nolla to more patients.
Wow, @luiswenus and @nollahealth - really cool!
Today, Nolla Health became the first organization in the U.S. (and possibly the world) to receive regulatory approval for an AI to issue initial prescriptions.
This makes Nolla the first ever actual end-to-end AI doctor.
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Magne Uppman retweeted
Massive news from @Stendr_tech today.
We just signed Major General (ret) Henning-Frantzen as an advisor.
Frantzen brings exactly the kind of senior policy experience Stendr is building around. He served as Head of the Department of Defence Policy and Long Term Planning in the Norwegian Ministry of Defence from 2021 to 2025, capping a career in the Norwegian Armed Forces that spanned more than three decades.
Across that career he held senior roles in defence policy, doctrine, and operations, and served as commander and rector of the Norwegian Defence University College. He holds a PhD in War Studies from King's College London.
Magne Uppman retweeted
The speed of relevance
I don’t think anyone would think that the company doing a field test yesterday just raised $5.4M in VC funding
The product looks, frankly, pretty bad.
Some commercial grade sensors drilled into briefcases supported by a plastic broom handle. But anything to save a minute, hour or day.
The point is that it works. Data is being collected and we have a benchmark for the next iteration. More sensors, embedded AI and eventually a beautiful chassis that represent @Stendr_tech
Embrace the cringe and just ship it
#physicalAI
Magne Uppman retweeted
Say hi to IntuiCell. 👋
🧠 This isn't just the next step in artificial intelligence; it's genuine intelligence.
youtube.com/watch?v=D5nk4mwm…
Magne Uppman retweeted
🇳🇴 SNÖ Partner, @jmaxsamuel, took a deep-dive into the rich history and future of Norwegian innovation alongside @piammichel from @eldsjal's office, @PrimaMateria_. 🇳🇴
Check it out!
Join @piammichel and me as we explore Norway 🇳🇴, the first stop on Pia’s Grand Tour of Europe and my new home since moving from LA a few years ago. At a time when European tech criticism has reached peak trendiness, Pia is taking a defiantly contrarian stance by paying respect to the continent’s eclectic and rich legacy of innovation, and painting a bold vision of its future.
Magne Uppman retweeted
World Champ Magnus Carlsen’s Fantasy Chess Startup Raises $3 Million
Norway-based Fantasy Chess has raised pre-seed funding without a product from investors SNÖ Ventures, Coatue and funds led by billionaires Yuri Milner and Peter Thiel. forbes.com/sites/alexkonrad/… by @alexrkonrad
Magne Uppman retweeted
We are delighted to share that we have led a $3M pre-seed round in @Fantasy__Chess (co-founded by @MagnusCarlsen and Mats André Kristiansen), joined by Coatue, Peter Thiel, Yuri Milner and others.
Read more about it here: forbes.com/sites/alexkonrad/…
Magne Uppman retweeted
Our company story, grit and vision is unmatched
Our community is legendary
Our partners are executing like startup heroes
There is only one true king of the gaming chains
@Ronin_Network
Magne Uppman retweeted
Concerned about Norway's proposed 'exit-tax', we at SNÖ warn of significant harm to Norwegian startups and growth companies, isolating them from crucial global markets and international capital. Read more from SNÖ Partner @muppman in @Shifter_no: shifter.no/nyheter/exit-skat…
Magne Uppman retweeted
Given today’s @coinbase listing of $RON / $RONIN, now feels like a good time to provide an update / refresher on the Ronin Network.
Ronin: The Gaming Chain
Ronin is quickly proving to be the dominant NFT gaming chain, demonstrating that it can act as a primary distribution channel for crypto games. Originally created to support the growth of Axie and catalyzing millions of users in the 2021 cycle, Ronin is becoming so much more. It’s becoming the mitochondria of web3 gaming. The powerhouse of the industry.
The Ronin Effect: Pixels migration to Ronin
The last few months have perfectly illustrated Ronin’s power as a games distribution platform.
Pixels grew from 5K to 730 K DAU when migrating from Polygone to Ronin. MAU currently sits at a whipping 1.3 M. Is Pixels the largest onchain application in all of crypto right now? Game developers need users and Pixels proves that Ronin is the only chain that can offer this.
Our vision is coming to fruition.
The first platform to dominate distribution enjoys a significant advantage, with a good chance to leapfrog competitors. Think of how Apple used content via the iPod/iTunes/Mac connect to flank Microsoft and beat Sony at their own game. Artists were willing to endorse iTunes and upload their music for a lower cost because of the distribution and marketing power that Apple had. Tecnology’s biggest lever is this distribution advantage.
Ronin’s strategy is to use gaming as an approachable portal into web3. Then, we can introduce users to more complex, higher LTV applications. This is the path to the largest all-purpose chain: content + social interactions as an onboarding portal.
Distribution is king and Ronin network is the only chain with an army.
We've built a hardcore community through Axie and used that to create a bootstrapping mechanism for other games + content. Early indications show that it’s working.
Ronin’s daily active addresses is mooning, making it one of the most used blockchains in the world and the fastest growing thing in Blockchain right now. Period.
If you’re bullish on web3 gaming and don’t own RON, you are mid-curving super hard. If you’re a web3 gaming analyst at a crypto fund and didn’t recommend RON/ PIXEL to your bosses you’re likely going through a post mortem during your next performance review already. Don’t double down on your mistake by continuing to fade.
To Coinbase, congratulations for seeing the writing on the wall and listing RON, king of the gaming chains.
To the Ronin community, keep pushing. Without the catalysts of Ronin and Binance acting as a magnet, the next legs up will be even more reliant on your hard work and evangelism. Every day is a call to arms.
There is no challenge that we back down from. There is no obstacle that can slow our progress.
IF we remain congealed as one beating hive mind.
YOU are the Ronin network. So seize your destiny.
- Jihoz
Magne Uppman retweeted
Massive update for Ronin Wallet.
It now supports Eth, Polygon and BSC.
This is important for retaining users in the long term.
Onboard with a @Ronin_Network game.
Explore the rest of web3 without churning from the ecosystem
In-wallet notifs will re-engage them on $RON
Magne Uppman retweeted
✨ Honored by Finansavisen's spotlight on SNÖ Ventures as a top-performing fund.
Happy New Year from all of us at SNÖ!
finansavisen.no/finans/2024/…
Magne Uppman retweeted
We were born for times like this.
We’ve welcomed new allies to our movement over the past weeks – resulting in a surge in daily active addresses, legions of new social media followers, and many fresh partnership discussions.
The stats:
• 300% surge in daily active addresses
• @pixels_online hit 100 K DAU
• Ronin wallet MAU up 67% in November, jumping to 267K from 160K in October
We’d like to introduce you to the Ronin Effect 👇
roninchain.com/blog/posts/th…
Magne Uppman retweeted
It’s a wrap - SNÖ Investor Day 2023! ❄️
From the historic journey of Nansen and Amundsen's FRAM ship last year to the serene simplicity of a lavvo in the forest yesterday. A warm and sincere thank you to all who made it an unforgettable day. 🙏
Magne Uppman retweeted
✨ No matter if you're part of the European tech ecosystem as a founder, VC, LP, employee, policymaker — or as an AI bot — there's one duty to fulfill every year.
Magne Uppman retweeted
✨ It’s with great pleasure that we announce that Caroline Folkeson Jensen is joining SNÖ as our new CFO! Caroline has many years of financial experience from investment banking and Fynd Ocean Ventures, and will be a very valuable asset to the SNÖ team and to our portfolio.
Magne Uppman retweeted
«Intet sted på kloden er det flere investorer samlet enn her»
zpr.io/fiv4vb6aPfJ7
