Gambit Invest AS

Calculated moves. Contrarian conviction.

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About

Andreas Parr Bjørnsund is a Norwegian business angel investing through Gambit Invest AS, focused on identifying and supporting exceptional early-stage technology companies.

In chess, a gambit is a calculated sacrifice, giving up material to gain a stronger position. That same contrarian philosophy drives my investment approach. I bring more than capital to my portfolio companies: strategic guidance, industry connections, and operational expertise to help founders navigate the critical early stages of company building.

Investment Thesis

Every strong position requires conviction. I seek contrarian opportunities at the intersection of innovation, scalability, and Nordic values.

Early Stage Niche Tech

I focus on early-stage companies operating in specialized technology niches where deep expertise creates sustainable competitive advantages.

High Gross Margin Products

I prioritize companies with products that demonstrate strong unit economics and the potential for significant margin expansion at scale.

International Footprint

My portfolio companies are built for global markets from day one, with products and services that transcend geographic boundaries.

Incentivised Team

I back founders and teams with significant skin in the game, aligned incentives, and the drive to build enduring companies.

Photo by Johny Goerend on Unsplash

Portfolio

My board of companies, each move carefully considered, each position built for the endgame. The closed investments are bankrupt or closed for other reason with -100 % return, that is the name of the game in early stage investments.

Industry:
Status:
Country:
0 Total Investments
0 Active
0 Exited
0 Closed

Flowcase

B2B SaaS platform for CV and competence management. VC funded and growing internationally across 35 countries on four continents.

Year: 2017 Country: Norway Growth

Xshielder

World's lightest and slimmest smartphone for hazardous areas. Safety-certified devices for industrial environments.

Year: 2025 Country: Norway Growth

Gold Road

Canadian mining company restarting the Gold Road underground gold mine in Arizona. 500-tonne-per-day processing plant with 214,000 oz reserves.

Year: 2025 Country: Canada Growth

FIRI

The Nordic region's largest cryptocurrency exchange. Regulated fintech platform enabling secure digital asset trading.

Year: 2024 Country: Norway Growth

Hawk Infinity

Compounder owning multiple profitable SaaS businesses. Building a portfolio of high-quality software companies.

Year: 2024 Country: Norway Growth

Mobai

Biometric authentication and remote identification SaaS. Providing secure identity verification solutions for enterprises.

Year: 2022 Country: Norway Growth

Orvue Surgical

World's first laparoscopic single-use camera. Pivoted from robotic video streaming SaaS to revolutionary medtech.

Year: 2019 Country: Norway Expansion

Aristeia

Dual-use next generation tourniquet for field use. Patented technology in testing with major military forces worldwide.

Year: 2018 Country: Norway Expansion

Assitech

Welfare technology solutions. Successfully sold to Topro (Investinor) in 2021.

Year: 2018 Country: Norway Exited

Mentis Cura

AI and machine learning for healthcare diagnostics. Right product at the wrong time - pioneering before the AI hype.

Year: 2016 Country: Iceland Closed

Independence Gear

Healthcare assistive devices. Had strong societal impact but faced systemic barriers in patient aid distribution.

Year: 2017 Country: Norway Closed

Instrument Champ

Music education SaaS platform. Play along with your own instrument on tablet or computer - Guitar Hero meets real instruments.

Year: 2015 Country: Sweden Closed

Koble / Poption

HR recruiting software. Could not pivot to wider use cases - founders went on to build even greater things.

Year: 2018 Country: Norway Closed

Heroic Sports

Professional esports team ownership. Strong momentum during Covid era but ultimately mismanaged.

Year: 2021 Country: Denmark Closed

Other Indirect & Direct Investments

Hilmar Capital

Industrial equity hedge fund capitalizing on supply-demand imbalances across shipping, mining, oil & gas, chemicals, and semiconductors.

Type: Fund Country: Norway Growth

Smallworld Nordic

Scandinavia's leading GIS solutions provider for network operators in telecom, utilities, district heating, and infrastructure.

Type: Indirect Country: Norway Growth

Jordplan

Agricultural management software for farmers. Soil sampling, fertilizer planning, and field management with advisor collaboration.

Type: Indirect Country: Norway Growth

Pixavi

Innovative manufacturer of safety-certified cameras and smartphones for hazardous areas. Sold to German BARTEC in 2014.

Year: 2011 Country: Norway Exited

Ohdoki

Medtech wellness product. Successfully sold to PE firm in 2024.

Year: 2020 Country: Norway Exited

Recharge Health

Infrared light technology for pain relief. Expanding and selling globally.

Year: 2022 Country: Norway Expansion

Wavefoil

Retractable bow foils for wave-powered propulsion on ships. Went bankrupt in 2023, now under new ownership.

Year: 2021 Country: Norway Closed

Contact

Interested in discussing an investment opportunity or talk to any of the portfolio companies? I'd love to hear from you.

Contact Person

Andreas Parr Bjørnsund

Photo by Daniil Vnoutchkov on Unsplash