Ghawar AS

Ghawar AS

Investment Portfolio

Public

Public Investments

Public companies and listed securities.

Public Investment

Vitec Software Group

Vertical software group headquartered in Umeå, Sweden.

Public Investment

Constellation Software

Global acquirer and operator of vertical market software businesses.

Public Investment

Hacksaw Gaming

iGaming studio focused on slots, scratchcards, and instant-win games.

Public Investment

Pexip

Secure video collaboration and meeting interoperability platform.

Public Investment

ServiceNow

Enterprise workflow and AI platform for digital business operations.

Public Investment

Microsoft

Enterprise software, cloud infrastructure, and AI platform company.

Public Investment

Uber

Mobility, delivery, and freight platform operating in cities around the world.

Private

Private Investments

Companies and opportunities outside public markets.

Private Investment

whitson

Petroleum engineering software and consulting platform.

Private Investment

Aviant

Autonomous drone logistics and delivery company from Norway.

Private Investment

Drov Technologies

Smart trailer technology for fleet safety, diagnostics, and tire management.

Private Investment

Sanna

Accounting service for holding companies and founders.

Private Investment

Crunched

AI Excel analyst for finance, consulting, and power users.

Private Investment

Journalia

Norwegian AI documentation assistant for healthcare professionals.

Private Investment

Firi

Nordic cryptocurrency exchange focused on simple crypto investing.

Private Investment

Zentry.ai

First AI-native accounting platform for oil and gas. Zen + Journal Entry = Zentry.

Private Investment

TryMimir

AI customer support agent for e-commerce brands.

Private Investment

Audun

AI debt collection platform for gentle outreach, payment plans, and human hand-offs.

Private Investment

Billy Markiser

Online sun shading and awning brand for the Norwegian market.

Private Investment

Daymaker

Norwegian-born platform for automated workplace celebrations.

Funds

Equity Funds

Funds and pooled equity exposure.

Equity Fund

Alfred Berg Gambak

Norwegian equity fund from Alfred Berg.

Equity Fund

FIRST Veritas

Nordic equity fund managed by FIRST Fondene.

Equity Fund

DNB Technology

Actively managed technology, media, and telecom equity fund.

Equity Fund

Holmen Spesialfond

Flexible long-only equity fund focused on Norway and the Nordics.

Letters

Yearly Letters

Annual notes, portfolio updates, and reflections.

Annual Letter

2025 Yearly Letter

Ghawar AS yearly letter dated December 31, 2025.