Tone Kvåle

Tone Kvåle works at the intersection of technology and capital, with a focus on what makes companies investable. She is an Investment Manager at Skagerak Capital, where she works with analysis, strategy, and investments in early-stage and growth companies, particularly in deep tech and AI.

She has previously been a management consultant at PwC, where she worked with strategy and digitalization. This experience gives her an operational perspective on company building, combined with a clear understanding of what drives capital allocation and which companies actually gain traction with investors.

Tone is particularly focused on companies that solve concrete, large problems in a way that can also be scaled commercially. She works with companies where profitability, technological edge, and impact are closely intertwined, whether in climate, resource use, or broader societal challenges. This is not an additional quality, but often a prerequisite for building robust companies over time.

Tone shares her investor perspective on what characterizes the most attractive companies to invest in, which signals actually trigger capital deployment, and what distinguishes companies that get funded from those that don’t.