TD Veen is owned by two generations of the Veen family in Stavanger. The company is driven by the goal of increased value creation with less use of resources, in order to leave a better world to the next generation.
We learn from one another and are responsive to new knowledge that will contribute to sustainable societal development. Our strategy is based, among other things, on the UN Sustainable Development Goals and the insight that exists about our planet’s tolerance limits, acting as a driving force when it comes to climate and biodiversity, with environmental considerations as an important guideline. We also closely monitor new research on this topic, particularly where this relates to our investment areas: circularity, food, health and technology. Read more under our investment philosophy.
Our portfolio consists largely of Norwegian companies, but in recent years we have also invested in companies based in the UK, Germany, the Netherlands, Canada and the US.
TD Veen is located at Eiganesveien 95 in Stavanger, formerly known to many as the Red Cross building. After move-in in 2012, the building was renovated and returned to its original appearance as of the year of its construction, 1917. The adjacent building houses Samfunnssentralen – our major investment in social entrepreneurship. Here we collaborate with social entrepreneurs who are in the start-up phase with businesses or projects involved in the topics of children and young people, rehabilitation, pure food and the circular economy. TD Veen actively contributes guidance and expertise, in addition to contributing financially to the project. Read more about Samfunnssentralen
We established p53 together with Susanne Stuffers in 2018. p53 invests in innovative health businesses. More information can be found here
TD Veen AS was founded by Tor Dagfinn Veen in 1986. Today, Tor Dagfinn and Tone Veen own 28% of the shares, while daughters Camilla and Silje Veen own 36% each.
The Board of Directors consists of: Silje Veen (chair), Klaus Mohn, Per Ivar Selvåg and Gry Isabelle Sannes. The auditors are Øyvind Tjønn and Konrad Skulstad of Erga Revisjon, and the legal advisor is Dag Sigvart Kaada of the Schjødt law firm.
Owner & Chair of the Board
Silje has a degree in marketing from The Norwegian Buisness School, BI specializing in local business development. She founded the food concept Food Story and managed it for more than 10 years.
Kjell is the founding partner of Stavanger Venture AS, a privately held venture investment company. Stavanger Venture AS was established together with TD Veen AS in 2010. Kjell came from the role as Regional Director Europe North in Cisco Systems. Prior to this, Kjell had several leading positions in TANDBERG ASA that was acquired by Cisco Systems.
Chief Investment Officer
Øyvind holds an MBA from NHH (Norwegian School of Economics). He has over 25 years of investment experience. Øyvind was previously the CEO of Skagen Funds. Prior to that he spent almost 16 years at the Norwegian Sovereign Wealth fund, the last years as the CIO for asset management based in London.
Founder and Owner
Tor Dagfinn is an economist with over 40 years of experience from the investment sector and one of the entrepreneurs of Skagenfondene.
CEO / Partner p53
Susanne holds an M.D. degree from the Erasmus University Rotterdam, Netherlands, and a Ph.D. degree in cancer biomedicine from the Norwegian Radiumhospital.
She gained broad experience in healthcare and life sciences, covering the sector from several angles. Susanne was a management consultant in health care (public and private) and life sciences at EY, served in medical and commercial roles in the pharmaceutical industry (Novartis), and has clinical practice as a resident in oncology. She worked with Arctic Securities as an equity analyst covering the healthcare sector, before joining forces with T.D. Veen to co-found and lead p53.
Susanne has supported life science companies in different phases of development, from start-up to late clinical stage, and has experience from financial markets including private placements and IPOs.
Equity Analyst & Investment Manager
Jens Erich holds a master’s degree in engineering and previously worked as an investment manager at Nysnø Climate Investments. Jens Erich has also worked as an equity analyst at Sparebank 1 Markets, and as a strategic and financial advisor at both Melberg Partners and PwC.
The glow behind long-term thinking, heartfelt intentions and bold interactions for our blue planet. KK