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Top 50 Internet VC Funds & Investors in Norway (September 2026)

The most active venture capital funds investing in Norway Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Investinor
VC Fund
6 Norway, United States, Sweden Venture - Series Unknown, Series A Software, Biotechnology, Manufacturing $1.6M–$25M
Antler
VC Fund
6 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Ferd
VC Fund
4 Norway, Sweden, United States Private Equity, Post-IPO Equity Software, Energy, Information Technology $1M–$40M
Everywhere Ventures
VC Fund
3 United States, Australia, India Pre-Seed, Seed, Series A Software, Health Care, FinTech $250k–$20M
Innovation Norway
VC Fund
3 Norway, Romania, Sweden Grant, Seed, Debt Financing Software, Information Technology, Artificial Intelligence $47k–$134M
Draper B1
VC Fund
3 Spain, United States, Italy Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $200k–$10M
Northzone
VC Fund
3 United States, Sweden, United Kingdom Series A, Series B, Seed Software, FinTech, Information Technology $2.5M–$76M
Idekapital
VC Fund
2 Norway, United Kingdom Series A, Venture - Series Unknown, Seed Software, SaaS, Information Technology $210k–$90M
Norselab
VC Fund
2 Norway, Switzerland, United States Seed, Series A Software, SaaS, Agriculture $500k–$15M
Pelican Ag
VC Fund
2 United States, Norway, United Kingdom Seed, Series A AgTech, Finance, Agriculture $4M–$13M
BAGi
VC Fund
2 Spain, Norway, Switzerland Seed, Angel Health Care, Internet, Software $234k–$700k
Skagerak Maturo
VC Fund
2 Norway Seed, Series A, Venture - Series Unknown Software, Information Technology, SaaS $1.1M–$7.5M
Founders Fund AS
VC Fund
2 Norway, United States Seed, Angel, Pre-Seed Software, Information Technology, B2B $160k–$439k
Schibsted Growth
VC Fund
2 Sweden, Norway, France Venture - Series Unknown, Seed Internet, Financial Services, E-Commerce $123k–$7.7M
TSVC
VC Fund
2 United States, China, Canada Seed, Series A Software, Artificial Intelligence, Health Care $500k–$44M
SNÖ Ventures
VC Fund
2 Norway, United States, Sweden Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Machine Learning $978k–$5.5M
Nordic Makers
VC Fund
2 Denmark, United States, Norway Seed, Pre-Seed, Series A Software, Information Technology, Education $206k–$16M
Delta Blockchain Fund
VC Fund
2 United States, Singapore, Canada Seed, Pre-Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Software $1M–$11M
The Crowd Angel
VC Fund
2 Spain, Norway Seed, Equity Crowdfunding Software, Internet, E-Commerce $247k–$2.4M
Awilhelmsen Capital
VC Fund
2 Norway Seed, Debt Financing FinTech, Finance, Software
Sandwater
VC Fund
2 Norway, Germany, France Series A, Seed AgTech, Medical, Agriculture $8.5M–$24M
Lysefjorden Consulting AS
VC Fund
2 Norway Seed, Pre-Seed Internet, Insurance, Information Technology
Point Nine
VC Fund
2 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $900k–$62M
Tikehau Capital
VC Fund
1 France, Italy, United Kingdom Debt Financing, Private Equity, Post-IPO Debt Manufacturing, Software, Information Technology $30M–$335M
Statkraft Ventures
VC Fund
1 Norway, France, Germany Series B, Series A, Seed Energy, Renewable Energy, Big Data $1.9M–$115M
Algård Holding
VC Fund
1 Norway Seed Security, GreenTech, Lifestyle
Bakken & Baeck
VC Fund
1 Norway Seed, Angel Chemical, Software, Life Science
ETF Partners
VC Fund
1 United Kingdom, France, Germany Series A, Series B Software, Renewable Energy, Information Technology $3.9M–$33M
RAA Ventures
VC Fund
1 United States, Norway Seed, Pre-Seed B2B, Apps, Sports
The Nordic Web Ventures
VC Fund
1 Denmark, Norway, Sweden Pre-Seed, Seed, Angel Software, SaaS, Artificial Intelligence $246k–$5M
Fathom Capital
VC Fund
1 United States, Norway, United Kingdom Seed, Series A, Series B Software, SaaS, Information Technology $2M–$70M
Lugard Road Capital
VC Fund
1 Norway, United States, United Kingdom Series B, Series C, Series D SaaS, E-Commerce, Software $29M–$153M
Innosight Ventures
VC Fund
1 Singapore, United States, India Series A, Seed Software, E-Commerce, SaaS $351k–$11M
Momentum
VC Fund
1 Norway, Finland, United Kingdom Seed, Series A Renewable Energy, Energy, Manufacturing $401k–$18M
DNB
VC Fund
1 Norway, Sweden, United Kingdom Post-IPO Debt, Debt Financing, Venture - Series Unknown Renewable Energy, Energy, Solar $240k–$1.2B
ESADE BAN
VC Fund
1 Spain, Chile, Norway Seed, Angel, Pre-Seed Software, Internet, B2B $225k–$2.2M
Founders & Fools
VC Fund
1 Norway Seed, Angel Mobile, Farming, Marketing
The Index Project
VC Fund
1 United States, Denmark, Chile Seed, Series A, Series B Chemical, Artificial Intelligence, SaaS $1.1M–$3M
Hawk Infinity
VC Fund
1 Norway Seed Internet, E-Commerce, Web Hosting
Alliance VC
VC Fund
1 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics
Blossom Capital
VC Fund
1 United States, United Kingdom, France Series A, Seed, Series B Software, SaaS, Artificial Intelligence $1.5M–$150M
Davidovs Venture Collective
VC Fund
1 United States, United Kingdom, Canada Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $125k–$29M
Lightspeed Venture Partners
VC Fund
1 United States, India, Israel Series A, Series B, Seed Software, Information Technology, Artificial Intelligence
Ocean Impact
VC Fund
1 Norway Pre-Seed Internet, Aquaculture, Marine Technology
Pale blue dot
VC Fund
1 United Kingdom, Germany, United States Seed, Pre-Seed, Series A Software, Internet, Artificial Intelligence
AU21 Capital
VC Fund
1 United States, Singapore, United Kingdom Seed, Initial Coin Offering Blockchain, Cryptocurrency, Gaming
La Famiglia
VC Fund
1 Germany, United States, France Seed, Series A, Series B Software, Information Technology, Artificial Intelligence $2.2M–$95M
node.vc
VC Fund
1 Sweden Pre-Seed PC Games, Online Games
Verdane
VC Fund
1 Sweden, Norway, Germany Venture - Series Unknown, Private Equity Software, E-Commerce, Information Technology $2.2M–$104M
Firestreak Ventures
VC Fund
1 United States, Israel, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$80M
Access all 78 VC funds in Norway Internet startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 6 investments in Norway Internet startups

Investinor invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion. The company has BNOK 4.2 ($500 m) under management and focus on companies within the internet, software, semiconductors, energy, cleantech, marine and life sciences sectors.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Venture - Series Unknown, Series A
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 126
  • Round size: Series A $2.3M–$25M; Venture - Series Unknown $1.6M–$8.2M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $274M in 2011

Portfolio highlights

  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
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Antler
VC Fund · Singapore, Central Region, Singapore · 6 investments in Norway Internet startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2372
  • Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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Ferd
VC Fund · Lysaker, Akershus, Norway · 4 investments in Norway Internet startups

Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Private Equity, Post-IPO Equity
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 60
  • Round size: Private Equity $13M–$14M; Post-IPO Equity $1M–$40M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2005

Portfolio highlights

  • wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
  • Nofence — Manage your livestock from anywhere with GPS collars and a simple app. Unlock more acres, cut fencing costs, and run your operation on your terms.
  • Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
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Everywhere Ventures
VC Fund · New York, New York, United States · 3 investments in Norway Internet startups

Everywhere Ventures is a global pre-seed venture capital fund for founders, by founders. Click to read Everywhere VC, by Everywhere Ventures, a Substack publication with tens of thousands of subscribers.

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Investment focus

  • Industry: Software, Health Care, FinTech
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Australia, India

Investor stats

  • Total investments: 1303
  • Round size: Seed $1M–$6.5M; Pre-Seed $250k–$2.5M; Series A $6M–$20M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $4.4M in 2026

Portfolio highlights

  • Donna — Meet Donna, the AI assistant built for field sales teams. Save time, cut admin, and close more deals with less effort.
  • Keebler Health — AI-Enabled Coding for Medical Billing Teams
  • Neurometric AI — Making Intelligence Free | https://t.co/ZxWxeMBJt2 | https://t.co/W8nlLqYwQi
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Innovation Norway
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Internet startups

Innovasjon Norge - vi gir lokale ideer globale muligheter

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Seed, Debt Financing
  • Geography: Norway, Romania, Sweden

Investor stats

  • Total investments: 84
  • Round size: Seed $118k–$3.6M; Grant $47k–$2M; Debt Financing $239k–$134M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Ofiniti — Ofiniti is a platform designed for businesses to streamline operations through digital maritime fuel distribution. Ofiniti's platform offers solutions that bridge the digital gap between fuel suppliers and consumers, improving the efficiency of marine fuel bunkering operations. Ofiniti works to enhance operational performance within themaritime sector by integrating technology into traditional industries.
  • Birdsview — We offer non-destructive AI-powered concrete assessment. Get precise structural insights with our 3D point cloud, optimize maintenance, and save costs.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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Draper B1
VC Fund · Valencia, Comunidad Valenciana, Spain · 3 investments in Norway Internet startups, 7 in the past 12 months

We invest in you. Our commitment to innovation and entrepreneurship is your best ally to expand your business. Find out how we can boost your project!

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Spain, United States, Italy

Investor stats

  • Total investments: 121
  • Round size: Seed $200k–$2.8M; Pre-Seed $224k–$1.5M; Series A $1.2M–$10M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $23M in 2025

Portfolio highlights

  • ARCA — Plataforma digital para planes de pensiones de empleo. Soluciones para gestoras, empresas y partners.
  • Hirevoice — Hirevoice is a voice AI recruiter that runs structured voice AI interviews with every candidate and gives your team defensible hiring signal. Book a demo.
  • Spacebackend — Lynapse by Spacebackend unifies interface modeling, version control, testing, and validation. Convert ICDs into traceable, deterministic implementations with human-in-the-loop review.
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Northzone
VC Fund · London, England, United Kingdom · 3 investments in Norway Internet startups

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

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Investment focus

  • Industry: Software, FinTech, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States, Sweden, United Kingdom

Investor stats

  • Total investments: 351
  • Round size: Seed $2.5M–$23M; Series A $4.1M–$36M; Series B $7.4M–$76M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.1B in 2022

Portfolio highlights

  • Sqore — Smart Recruitment - Automate the process between your job ad and the first interview.Increase screening efficiencyEfficiently screen your candidates based on their skills and motivation - automagically - regardless of number of candidates.Deepen candidate engagementEngage today’s generation of candidates through rewarding experiencesand allow them to get insights into your company before the interview.Lower your hiring costsWe don't charge per candidate. Evaluate 100,000 candidates at the same cost as 100 - no need to limit yourself in the search for new talent.
  • SolveAI —
  • Agon — Enter the arena...
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Idekapital
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

We manage two investment funds with more than 1 bn NOK under management. We invest in high-growth software and technology companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $210k–$4.4M; Series A $3.4M–$16M; Venture - Series Unknown $4M–$90M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
Show all investments...

Norselab
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

A startup studio situated in Oslo, built on and around the mobile and web development agency Norse Digital. Over the last few years, Norselab has created a strong portfolio of technology ventures built by the company's internal, world-class technology teams.

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Investment focus

  • Industry: Software, SaaS, Agriculture
  • Stage:Seed, Series A
  • Geography: Norway, Switzerland, United States

Investor stats

  • Total investments: 21
  • Round size: Seed $500k–$6.3M; Series A $2.1M–$15M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Looping — Looping offers reuse as a service by substituting reusable transport packaging for single-use plastic products. It produces long-lasting and reusable transport wrapping for building modules, housing modules, and steel containers.
  • Beefutures — Rooted in the beekeeping legacy and driven by expert engineering, Beefutures delivers accessible nature-based solutions to power a more sustainable world.
  • Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
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Pelican Ag
VC Fund · Beverston, Gloucestershire, United Kingdom · 2 investments in Norway Internet startups

Join the Sustainable Food Revolution. Pelican Ag is the UK's first VC firm powering sustainable food systems. We back Innovators. Pioneering Regenerative Agriculture, Smart Supply Chains and the Sustainable Consumer. Connecting the world to affordable, nutritious and delicious food whilst restoring ecosystems.

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Investment focus

  • Industry: AgTech, Finance, Agriculture
  • Stage:Seed, Series A
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $4M–$8.1M; Series A $10M–$13M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • natcap — We support the world's leading companies to prioritise, measure and act on nature impacts, dependencies, risks and opportunities.
  • Edacious — Edacious is a new food system. Our company can help you differentiate the quality of your food.
  • Mad capital — Mad Capital is not your normal lender.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
BAGi
VC Fund · Girona, Catalonia, Spain · 2 investments in Norway Internet startups

BAGi is the first business angels network created for invest on Startups with direct impact on Girona's region.

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Investment focus

  • Industry: Health Care, Internet, Software
  • Stage:Seed, Angel
  • Geography: Spain, Norway, Switzerland

Investor stats

  • Total investments: 8
  • Round size: Seed $234k–$700k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Aniling — Aniling developing its worldwide patent of the second generation genomic analysis and epigenomic.
  • Petoons Studio — Petoons Studio is a transmedia projects startup developing company. The business creates transmedia projects that are meant to be integrated into the design of games for consoles, tablets, and mobile devices. The business incorporates animation and education into video games by using the storytelling genre.
  • The Smart Lollipop — The Smart Lollipop is a non-intrusive medical device in the shape of a lollipop with the goal to detect diseases with a single saliva sample.
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Skagerak Maturo
VC Fund · Kristiansand, Vest-Agder, Norway · 2 investments in Norway Internet startups

As an early stage venture firm, we invest in companies with positive impact. Megatrends like climate change and resource scarcity are some of the challenges we are facing. We believe technological innovations will contribute to a positive impact on people and the planet.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Norway

Investor stats

  • Total investments: 13
  • Round size: Seed $1.2M–$1.5M; Series A $3.4M–$7.5M; Venture - Series Unknown $1.1M–$1.2M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Intelecy — Turn your data into valuable insight for process optimization and achieve sustainable production. By using Intelecy, you can build your own powerful no-code machine learning models in minutes without a single line of code!
  • OptoScale — OptoScale sells real-time monitoring equipment for fish farms. OptoScale engages in precision aquaculture, helping fish farmers unlock unprecedented productivity and sustainability gains.
  • Ignite — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Founders Fund AS
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

Founders Fund AS is a venture capital firm based in Oslo. Founders Fund AS offers investment management, advisory, and other related services. Founders Fund serves customers in Norway.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Norway, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $160k–$439k
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Oivi — Smart and automated eye screening, anywhere.
  • Defigo — Defigo is a modern, convenient and user-friendly access control system, made with residential and commercial properties in mind. The Defigo system has been designed to manage property access, increase security and create an easier everyday life for tenants and property managers.
  • Vipicash — Vipicash is a financial services startup that locks cash into goods and services to eradicate corruption and mismanagement of funds sent to Africa, Asia and Latin America.
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Schibsted Growth
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

Investing in great digital companies!

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Investment focus

  • Industry: Internet, Financial Services, E-Commerce
  • Stage:Venture - Series Unknown, Seed
  • Geography: Sweden, Norway, France

Investor stats

  • Total investments: 51
  • Round size: Seed $123k–$7.1M; Venture - Series Unknown $814k–$7.7M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • Bookis — Bookis is the Next-Generation Online Bookstore with Direct Author Compensation, making the sharing of stories and knowledge playfully easy - from all bookshelves, for everyone. We leverage community, technology and innovative distribution to enable radically easier peer-to-peer bookselling, with fair author compensation models. Building theworld's largest network of authors fighting for a more fair book industry worldwide.
  • Dintero — Dintero is a fintech startup delivering payment, checkout, CRM, and loyalty solutions. The startup's checkout solution offers popular payment methods like Vipps, Swish, invoice, financing, and card payments. It has built its solution for split payment, so that the payments can be split regardless of the payment method. Dintero's aim isfor an online store to be able to choose exactly the payment methods the store itself wants.
  • Campanyon — Campanyon is a provider of an outdoor accommodation booking platform intended for people to find and book their next outdoor adventure by connecting campers with hosts.
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TSVC
VC Fund · Los Altos, California, United States · 2 investments in Norway Internet startups

Founded in 2010, TSVC (formerly TEEC Angel Fund) is proud to be a leading early-stage venture capital fund in Silicon Valley.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Series A
  • Geography: United States, China, Canada

Investor stats

  • Total investments: 326
  • Round size: Seed $500k–$6.3M; Series A $2.7M–$44M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely actively investing — fresh fund, raised $20M in 2026

Portfolio highlights

  • Nvigen — NVIGEN is revolutionizing personalized medicine with highly accurate and NGS data efficient assays that provide integrative DNA, RNA, protein, cell, exosome information. Our mission is to improve health through our open platform of molecularly engineered nanoparticles and data-driven insights that help understand biological processes and reduce risks for aging, cancer, cardiovascular, neurodegenerative, and diabetic conditions.The NVIGEN X - Cancer Precision Profiling Test, now available for research use, supports early detection, monitoring, and treatment of cancer through accessible liquid biopsy tests. In line with our OpenVigen philosophy, we offer MagVigen and MyQuVigen nanoparticles to the biotech community, enabling high-sensitivity and high specificity immunoassays, genomic testing, molecular and cellular capture, and multiomics analysis. These products empower advancements in biomarker profiling, point-of-care testing, T-cell therapy, and precision diagnostics.
  • Dexmate — Dexmate is a robotics startup focused on developing general-purpose mobile robots. The company specializes in robots with manipulation capabilities. Their technology aims to enhance automation across various industries.
  • EGI Battery — EGI Battery is an American advanced battery cell manufacturer headquartered with design and operations in Ann Arbor, Michigan, U.S.
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SNÖ Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

SNÖ is an early stage venture capital firm that empowers Nordic technology entrepreneurs and startups. They founders are builders and entrepreneurs themselves, with unique digital expertise, and are extremely passionate about the various aspects that make a startup succeed.SNÖ is based in Oslo, Norway. It was founded by Magne Uppman and TeodorBjerrang in 2015.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $978k–$5.5M; Pre-Seed $2.8M–$4.5M; Venture - Series Unknown $1.3M–$5M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • MusicInfra — Organizing connections between recordings, compositions, and rightsholder claims to reduce friction and enable monetization. AI-powered recognition and matching solutions for the music industry.
  • Sindri — Sindri is a platform that helps the energy industry utilizing artificial intelligence, machine learning, and computer vision technologies.
  • Nolla Health — AI-powered healthcare, like having a doctor in your family. Instant assessments, real clinicians, personalized treatment - all from your phone.
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Nordic Makers
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Norway Internet startups

Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 48
  • Round size: Seed $270k–$4.7M; Pre-Seed $206k–$2.6M; Series A $2.3M–$16M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Birdsview — We offer non-destructive AI-powered concrete assessment. Get precise structural insights with our 3D point cloud, optimize maintenance, and save costs.
  • Atech — Atech is a Copenhagen-based hardware startup that simplifies electronics development by enabling users to design and assemble functional prototypes using natural language prompts and modular, snap-together components. The company's platform eliminates complex soldering and firmware configuration, allowing developers to go from a chat-basedconcept to a physical, working device in minutes.
  • Pluto.markets — Pluto is the modern investment app for the 100m Europeans living in countries without the EUR.
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Delta Blockchain Fund
VC Fund · New York, New York, United States · 2 investments in Norway Internet startups

Delta Blockchain Fund is an early-stage venture capital fund lighting the path of blockchain innovation by supporting developers and visionaries building the world of decentralization.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Software
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 86
  • Round size: Seed $1M–$10M; Pre-Seed $1M–$4M; Venture - Series Unknown $3M–$11M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely still investing — raised $6.8M in 2022

Portfolio highlights

  • Bloom — Moved to @bloomsocial
  • Lite Strategy — MEI Pharma, Inc. (Nasdaq: MEIP) is a San Diego-based oncology company focused on the clinical development of novel therapies for cancer. The Company’s clinical development pipeline includes lead drug candidate Pracinostat, a potential best-in-class, oral histone deacetylase (HDAC) inhibitor. Pracinostat has been tested in more than 150 patients inmultiple Phase I and exploratory Phase II clinical trials, including advanced hematologic malignancies such as myelodysplastic syndrome, acute myeloid leukemia and myelofibrosis. The Company expects to initiate a randomized Phase II trial of Pracinostat in combination with standard-of-care in at least one hematologic malignancy toward the middle of 2013. In addition, MEI Pharma is developing two drug candidates derived from its isoflavone-based technology platform, ME-143 and ME-344. Results from a Phase I trial of intravenous ME-143 in heavily treated patients with solid refractory tumors were presented at the American Society of Clinical Oncology Annual Meeting in June 2012. A Phase I clinical trial of intravenous ME-344 in patients with solid refractory tumors is ongoing.
  • VersiFi — VersiFi is a prime services platform. It provides full-service prime brokerage solutions.
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The Crowd Angel
VC Fund · Barcelona, Catalonia, Spain · 2 investments in Norway Internet startups

The Crowd Angel is a premium equity crowdfunding platform that enables its users to invest from 3.000€ in a selection of the best Spanish startups. A hybrid between crowdfunding and venture capital, it takes an active part on the board of the companies invested. The platform opens the business angel model to people wanting to enter the startupecosystem.We have co-invested together with some of top Spanish VCs (Inveready, Keyword VC, Antai Venture Builder, Media Digital Ventures, Bankinter, etc). We are backed by Inveready and Keyword VC.

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Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Equity Crowdfunding
  • Geography: Spain, Norway

Investor stats

  • Total investments: 42
  • Round size: Seed $247k–$2.4M; Equity Crowdfunding $268k–$478k
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • VOLAVA — Volava is a fitness platform that brings the energy and benefits of studio-style workouts to the convenience and comfort of home. It is a connected, technology-enabled fitness boutique. It also makes fitness entertaining, approachable, effective, and convenient, while fostering social connections and building a community around wellness. Volavawas founded in 2017 and is headquartered in Barcelona, Spain.
  • Enso Spaces — The best coliving in Spain! We are in Barcelona, Madrid and Valencia. Apartments ready to move in and a community of people like you. Find your space!
  • Kymatio — Support your people. Protect the company. New approach to Employee Cybersecurity Management: Kymatio identifies, analyzes, assesses, and provides the means to treat the cyber risk of human origin. Visibility: allows companies to know the cyber risk they are facing, how it's distributed, and having metrics about the evolution along time.Efficiency: provides personalized and targeted plans, that can help to use technological tools where and how they are really needed. IT Risk Management + Neuroscience People: they are not agents that produce incidents, but valuable assets that manage information. They have vulnerabilities and are exposed to threats.Risks can be identified, measured and mitigated.
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Awilhelmsen Capital
VC Fund · 2 investments in Norway Internet startups

Investment focus

  • Industry: FinTech, Finance, Software
  • Stage:Seed, Debt Financing
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Exabel — Simple-to-use analytical platform for investment professionals who want to benefit from alternative data and modern data science insight in their investment process. With an intuitive, web-based app interface, users can focus on investments rather than data collection, technology platform build-out or repetitive tasks. Informative and visually appealing graphics of your work are easily exported to be presented for the team, investors and other stakeholders.
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Sandwater
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Internet startups

We are Sandwater. Regeneration of our resources. Vitalizing healthcare & education. Improving life through technology.

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Investment focus

  • Industry: AgTech, Medical, Agriculture
  • Stage:Series A, Seed
  • Geography: Norway, Germany, France

Investor stats

  • Total investments: 24
  • Round size: Series A $8.5M–$24M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Mantle8 — Using bottom-up exploration and decades of geology experience, we are on a mission to deliver natural hydrogen to the world.
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
  • Alva Industries — Serving industries from aerospace to marine, we deliver high-performance, sustainable motors to drive a cleaner, more efficient future.
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Lysefjorden Consulting AS
VC Fund · Fanar, Mont-Liban, Lebanon · 2 investments in Norway Internet startups

Consulting firm

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Investment focus

  • Industry: Internet, Insurance, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lifeplanner — Lifeplanner helps you handle the different phases in life and ensures that wishes, memories and important information is available if anything should happen to you. By teaming up with insurance companies, lawyers, funeral agencies and suppliers of relevant services we are there to relieve you when needed.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 2 investments in Norway Internet startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 284
  • Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$62M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $173M in 2022

Portfolio highlights

  • Sereact — The only real-world verified Vision-Language-Action AI. Proven at scale. Trained on the world's largest dataset of robotic picks.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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Tikehau Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Norway Internet startups

Tikehau Capital is a global asset management and investment company. The company specializes in various asset classes, including private equity, real estate, private debt, and liquid strategies. It manages investment funds and provides financial services to a wide range of clients, including institutional investors, corporations, and privateindividuals. Tikehau Capital has grown to become a significant player in the European alternative asset management industry.

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Debt Financing, Private Equity, Post-IPO Debt
  • Geography: France, Italy, United Kingdom

Investor stats

  • Total investments: 142
  • Round size: Debt Financing $60M–$335M; Private Equity $30M–$177M
  • Lead/follow: 77% lead, 23% follow
  • Last fund: Likely actively investing — fresh fund, raised $5.9B in 2026

Portfolio highlights

  • Eclairion — Building high-performance AI factories with advanced cooling, 100+ kW rack density, and strategic autonomy for Europe's digital transformation.
  • RYZE — RYZE provides consulting, acquisition, sale, property and facility management solutions for the real estate industry.
  • Multiverse Computing — World leaders in quantum computing for the financial industry. The first quantum & quantum-inspired toolbox for finance.
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Statkraft Ventures
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 1 investments in Norway Internet startups

Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.

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Investment focus

  • Industry: Energy, Renewable Energy, Big Data
  • Stage:Series B, Series A, Seed
  • Geography: Norway, France, Germany

Investor stats

  • Total investments: 50
  • Round size: Seed $1.9M–$4.7M; Series A $3.1M–$17M; Series B $8.8M–$115M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Hydrosat — Hydrosat provides daily, high-resolution thermal and multispectral infrared imagery of the entire Earth. Leveraging our first-in-history thermal capabilities, we also provide analytics solutions to solve climate and agriculture issues.
  • Electra.aero — Electra is a next-gen aerospace company devoted to sustainable urban & regional air mobility led by industry pioneer Dr. John Langford.
  • Alva Industries — Serving industries from aerospace to marine, we deliver high-performance, sustainable motors to drive a cleaner, more efficient future.
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Algård Holding
VC Fund · Sandnes, Rogaland, Norway · 1 investments in Norway Internet startups

Algard Holding is a Norwegian real estate firm.

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Investment focus

  • Industry: Security, GreenTech, Lifestyle
  • Stage:Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Futurehome — Futurehome is a smart home and security solutions company helping apartment buildings and private homes digitalise and smarten up their homes to be safer, more energy efficient and building management. Futurehome currently has over 7000 multi dwelling units for smart fire solutions and water leakage to elderly apartments buildings. For newapartment buildings the back log is over 5000 units in the years to come. These customers are on a monthly service providing recurring revenue for the company. Futurehome also sells smart home solutions to private households, with over 20 000 homes today. The company partners and cooperates with energy companies to help the consumers save energy and have complete control of their homes. Partners can use the Futurehome Playgrounds to integrate to our smart home platform for boilers, heat pumps, energy banks and more.
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Bakken & Baeck
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Internet startups

Since 2011, we have built products with some of the most ambitious companies out there. From defining the future of conversational AI with Sierra to building decentralised platforms with Coinbase.

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Investment focus

  • Industry: Chemical, Software, Life Science
  • Stage:Seed, Angel
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Versor — Versor develops software necessary for true autonomous drone flight both indoors and outdoors, enabling complete automation of industrial drone operations. They believe this level of automation requires superior localization, which is particularly difficult to achieve indoors and in GPS-denied areas. By removing the need for pilots, entire fleetsof drones may be supervised remotely, enabling true scalability of drone operations across various applications.
  • Iris.ai — Augment expert knowledge by unifying complex enterprise data to empower next-gen AI agents & applications
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ETF Partners
VC Fund · London, England, United Kingdom · 1 investments in Norway Internet startups

ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Its funds come from institutional investors, global corporations, and family offices. The firm creates value by investing in and supporting great European companies that deliver Sustainability Through Innovation.

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Investment focus

  • Industry: Software, Renewable Energy, Information Technology
  • Stage:Series A, Series B
  • Geography: United Kingdom, France, Germany

Investor stats

  • Total investments: 99
  • Round size: Series A $3.9M–$16M; Series B $5.9M–$33M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $309M in 2024

Portfolio highlights

  • QuantWare — QuantWare designs, develops and fabricates state-of-the-art superconducting Quantum Hardware with excellent specs, and good service.
  • Modo Energy — Energy market data, benchmarking, and projections. All in one place and backed by Modo Energy insights.
  • Dexter Energy Services — Dexter helps asset-backed renewable traders maximize profits through accurate forecasts and price insights, day-ahead to real time.
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RAA Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Internet startups

RAA Ventures makes angel investments and provides venture capital to extraordinary entrepreneurs and game-changing ideas.

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Investment focus

  • Industry: B2B, Apps, Sports
  • Stage:Seed, Pre-Seed
  • Geography: United States, Norway

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Socius — Next generation ad tools for digital marketers.
  • DoubleUp — DoubleUp offers exclusive online sports contests that pay cash prizes. While traditional daily fantasy sites focus on salary cap games that can take hours to play, DoubleUp offers simple, fun contests that take less than 30 seconds to enter and win. With free entries for all contests, it's a great way for casual fans to get moreinvolved in the sports they love watching.
  • Cheeze — A Photography focused NFT Media and Entertainment company
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The Nordic Web Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Norway Internet startups

The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Denmark, Norway, Sweden

Investor stats

  • Total investments: 23
  • Round size: Seed $250k–$5M; Angel $300k–$465k; Pre-Seed $246k–$1.1M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $6M in 2025

Portfolio highlights

  • Midio — Midio is a new programming language that is currently being developed. It enables you to visually make sense of data complexity, work considerably faster, and create incredible things with coders and non-developers equally.
  • Aisel Health — Aisel Health provides AI that imitates psychiatrists for psychiatric clinics and hospitals to ensure efficient patient access to care.
  • Paraglide AI — Paraglide AI agents handle your financial inbox, automatically reply to invoice inquiries from clients, pursue past-due invoice payments, and customize collections at scale.
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Fathom Capital
VC Fund · San Francisco, California, United States · 1 investments in Norway Internet startups

Backing Deep Innovation.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $2M–$5.4M; Series A $6M–$20M; Series B $30M–$70M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Runhouse — Runhouse is an ML platform that demolishes research, production, and infra silos for ML Engineers, Researchers, and Data Scientists. Runhouse OSS is a unified interface into compute and data infra which is unopinionated, ergonomic, and powerful enough for fast experimentation, full-scale deployment, and everything in between.
  • Clerk — With Clerk, you can add beautiful, high-conversion Sign Up and Sign In forms to your React application in minutes.  After signing in, Clerk empowers your users to take control of their account security with multi-factor authentication and device management.If you’ve ever found yourself thinking, “there’s got to be a better way to build auth” -Clerk was built with you in mind.  It truly only takes minutes to add best-in-class authentication experiences to your application - and Clerk’s team is constantly working behind-the-scenes to make them even better.
  • ConductorOne — Govern workforce access, deploy AI agents, and get work done with C1.
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Lugard Road Capital
VC Fund · New York, New York, United States · 1 investments in Norway Internet startups

Lugard Road Capital is a venture capital firm that invests primarily in the Internet, software, consumer, and technology sectors. Lugard Road Capital is affiliated with U.S. hedge fund Luxor Capital Group.

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Investment focus

  • Industry: SaaS, E-Commerce, Software
  • Stage:Series B, Series C, Series D
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Series B $41M–$77M; Series C $29M–$153M; Series D $80M–$99M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Shine — Ageras redefines administration for small businesses by integrating banking, accounting, and tax filing in a single platform.
  • Quince — Quince brings luxury products like Mongolian Cashmere, Italian Leather, Turkish Cotton and Washable Silk to everyone at radically low prices. Shop premium essentials with no middleman.
  • Xeneta — Xeneta is the leading ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry.
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Innosight Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Norway Internet startups

Innosight Ventures leverages more than 20 years of applied research by innovation thought leaders like Clayton Christensen and field work by the Innosight Consulting Team. We have distilled that work into a set of proprietary tools and work practices that allow us to quickly screen opportunities and work side-by-side with entrepreneurs to helpthem build great companies. We invest only in Singapore-based early-stage startup companies that have high potential for disrupting existing markets and creating new ones.Generally speaking, we ask 5 questions about any potential investment:Is there an important problem that customers can't address because existing solutions are expensive or inconvenient?.Is there a disruptive way to solve the problem by being simpler, more convenient, or more affordable?.Is there a plausible hypothesis about an economically attractive, scalable business model?..Does the team have the 'right stuff' to manage the process of emergent learning?.Can early profitability be a choice?.Our usual investment quantum is up to half a million Singapore dollars in each company. However, if the answer to all the above questions is positive and the team is going to need more that , we are open to co-investing with other venture capital firms and/or angels. In the past, we have lead investment rounds where some of the companies have raised in the range of SGD 1 – 2 million.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed
  • Geography: Singapore, United States, India

Investor stats

  • Total investments: 15
  • Round size: Seed $351k–$11M; Series A $599k–$2.5M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Anchanto — Anchanto is a global B2B SaaS company enabling warehouse management, omni-channel retail management; offers inventory management system, order management system and product information management
  • Capital Match — Get a business loan in as short as 48 hours at lower interest rates than banks. Apply now or talk to us about peer-to-peer lending.
  • HyperSpace — Hyperspace is a permanent ticketed experiential attraction developer that creates, builds, operates, and funds attractions. Founded in 2020 and is based inDubai, AE.
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Momentum
VC Fund · Bergen, Hordaland, Norway · 1 investments in Norway Internet startups

Momentum invests in companies with sustainability and climate impact at the heart of their business. We invest in innovative and ambitious teams, with a particular focus on the ocean industries, agriculture, renewables and construction/property (incl. energy efficiency).We typically enter in the seed stage, following our portfolio companiesall the way through their scaling.We roll up our sleeves and contribute to the development of our companies, always based on aligned incentives. Momentum brings competence and involvement to the table, not only equity.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, Finland, United Kingdom

Investor stats

  • Total investments: 17
  • Round size: Seed $401k–$4.2M; Series A $8M–$18M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $37M in 2025

Portfolio highlights

  • Birdsview — We offer non-destructive AI-powered concrete assessment. Get precise structural insights with our 3D point cloud, optimize maintenance, and save costs.
  • TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
  • RENTICY LIMITED — Renticy provides an e-commerce and point-of-sale platform that enables retailers to offer rental and try-before-you-buy options on existing stock. The company supports online and in-store channels through plugins, APIs, and QR-based tools that add rental terms, deposits, and flexible billing into existing checkout flows. Its system managesbookings, customer onboarding, identity checks, fraud screening, payments, deposits, and real-time inventory for short-term and flexible rental models. Renticy offers built-in rental protection that helps merchants handle damage, loss, and non-returns within defined coverage limits. It also supports OWNit, a try-before-you-buy flow where customers trial items before deciding to purchase. The platform is used across categories such as electronics, fashion, musical instruments, and other consumer goods.
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DNB
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Internet startups, 14 in the past 12 months

DNB is a financial services group that offers financial services through mobile, online banking, bank offices, and international offices. The Group provides a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. The company’s personal banking products andservices include savings and investment products.DNB offers its products and services to various sectors, including financial institutions, energy, manufacturing, healthcare, packaging, and forest products, shipping, offshore, and logistics, seafood, and telecom, media, and technology. They also distribute its products and services through its branches, in-store postal and banking outlets, and post office counters.DNB was founded in 1822 and is headquartered in Oslo, Norway.

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Investment focus

  • Industry: Renewable Energy, Energy, Solar
  • Stage:Post-IPO Debt, Debt Financing, Venture - Series Unknown
  • Geography: Norway, Sweden, United Kingdom

Investor stats

  • Total investments: 53
  • Round size: Post-IPO Debt $8.8M–$1.2B; Debt Financing $94M–$790M; Venture - Series Unknown $240k–$100M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Cadeler — Cadeler is an offshore services company that provides offshore wind installation and maintenance services. The company operates specialized vessels for transporting, installing, and servicing wind turbines and foundations in offshore environments, supporting the development of renewable energy infrastructure.
  • Scandi Standard — Welcome to Scandi Standard. We want to inspire you to choose chicken: a good, healthy choice, which is ideal for today’s consumers. We sell the finest Swedish, Danish, Norwegian and Finnish chicken under the Kronfågel, Danpo, Den stolte Hane and Naapurin Maalaiskana brands. We are the leading chicken producer in the Nordic region, serving thedomestic and export markets.In June 2013, we created the Nordic region's market-leading chickenbased product group when Scandi Standard was established. The Company was created by gathering the largest poultry operations in the region into one collective group. At present, the Group has an annual turnover of approximately SEK 5.2 billion and almost 1,700 employees.
  • Easpring Finland New Materials Oy — Easpring Finland New Materials Oy is a manufacturing company that offers battery materials plant development and operation. It is a joint venture by Beijing Easpring Material Technology, Finnish Materials Group and LG Energy Solution.
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ESADE BAN
VC Fund · Barcelona, Catalonia, Spain · 1 investments in Norway Internet startups

ESADE BAN is a Barcelona-based business angel network that works to advance entrepreneurship and investments in Spain.

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Investment focus

  • Industry: Software, Internet, B2B
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Spain, Chile, Norway

Investor stats

  • Total investments: 30
  • Round size: Seed $272k–$2.2M; Angel $270k–$676k; Pre-Seed $225k–$1.1M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • RepScan — RepScan is an eliminate the negative that the Internet says about you. Rapid negative reputation detection and removal technology.
  • YPLASMA — At YPlasma, we are pioneers at the development of cutting-edge plasma actuators.
  • Pack2Earth — Pack2Earth, S.L. is a company that specializes in developing new, sustainable materials for the food sector and other industries.
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Founders & Fools
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Internet startups

Founders & Fools was established to help Founders fulfill their potential and give the people who back them great returns.

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Investment focus

  • Industry: Mobile, Farming, Marketing
  • Stage:Seed, Angel
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Auk — Auk creates a fully-automatic system that makes it easier to grow vegetables, salads and herbs at your own kitchen
  • Fauna — When you need something, choose a green option. Through Fauna you will get bonus points for environmentally friendly purchases.
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The Index Project
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Norway Internet startups

Design to improve life is about solving real problems, small and large, simple and complex, systemic and emerging and is a life-long pursuit. The Index Project is a call to action. Are you in?

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Investment focus

  • Industry: Chemical, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Denmark, Chile

Investor stats

  • Total investments: 9
  • Round size: Seed $1.5M–$2M; Series A $1.1M–$3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Agribuddy — Management of agricultural support application "AGRIBUDDY".
  • CanopyLAB — CanopyLAB is an educational technology company located in Hvidovre, Greater Copenhagen, Denmark. We have built an AI-powered social learning platform for corporate training. Through personalization our platform enables all learners to realize their potential in a way that is fast, fun and future-proof. We call it "The Future of Learning-Delivered Today".We work on two verticals:1. The Canopy A social learning platform powered by AI A research-based social learning platform for developing competencies through individualized and adaptive learning experiences. It is designed with an integrated social network structure to enhance collaborative learning and built on strong Nordic learning principles.2. The LAB A learning community with provocative content Join our global learning community for youth. Take free courses, exchange ideas, gain new knowledge and practice competencies offered by 100 + pioneering NGOs in controversial and often neglected topics such as sexuality, sexual & reproductive rights, climate action, health, and the SDGs.CanopyLAB acquired Peruvian publishing startup Yopublico in April 2020.
  • Destácame — Destacame is the first behavior-based credit score in Latin America.
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Hawk Infinity
VC Fund · 1 investments in Norway Internet startups

Hawk is a founder-led company aiming to be the best home for other founder-led companies. We build further on what already works. We have no plan to cut cost, move the headquarter, or ever sell the company again. We only buy great businesses and aim to steadily grow cash flows brick-by-brick together. That simple.

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Investment focus

  • Industry: Internet, E-Commerce, Web Hosting
  • Stage:Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Servebolt — Fast, reliable, and scalable hosting for WordPress, WooCommerce, Magento 2, and Laravel. Give your site a speed boost with Servebolt.
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Alliance VC
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Internet startups

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Series A
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 77
  • Lead/follow: no public data

Portfolio highlights

  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • Tana — Stay on top of everything - without the busywork. An AI-native workspace that gives you an unfair advantage.
  • Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
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Blossom Capital
VC Fund · London, England, United Kingdom · 1 investments in Norway Internet startups

Blossom Capital is a Series A venture capital firm that invests in European founders building global businesses.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 61
  • Round size: Seed $1.5M–$8M; Series A $8.5M–$37M; Series B $15M–$150M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Instruqt — Instruqt empowers companies with production-like sandbox environments to create hands-on demos, workshops, and training. Discover how you can transform your customer education
  • AutogenAI — Cutting-edge AI technology to streamline proposal writing and help businesses win more bids.
  • Comand AI — Next generation command and control for defense & security operations
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Davidovs Venture Collective
VC Fund · Los Altos, California, United States · 1 investments in Norway Internet startups

Hi, we're Marina and Nick Davidovs, a family of founders building the future.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 106
  • Round size: Seed $1M–$11M; Pre-Seed $125k–$2.1M; Series A $7.6M–$29M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Zinit — Transform your procurement process with Zinit's AI-powered platform. Automate RFPs, discover suppliers, and reduce indirect spend by 15%+ in the USA.
  • Locals.org — Meet people to have real-life experiences and have fun doing good
  • The New Era® of Shopping — The New Era® of Shopping helps merchants make their catalogues discoverable and shoppable inside AI assistants. Key features of the platform include two-way catalog syncing with PIMs/ERPs, SKU-level intelligence to measure AI visibility and ranking of products inside LLM responses, user prompts analysis for trends and volume insights, andautomated content optimization to improve how products rank in conversational answers. The product is already integrated with all major eCommerce platforms like Shopify, WooCommerce, Magento, BigCommerce, Wix, etc, as well as main AI discovery platforms: ChatGPT, Gemini, Claude, Google AI Mode, and Perplexity.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 1 investments in Norway Internet startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 1193
  • Lead/follow: no public data

Portfolio highlights

  • Suno — Suno is a music start-up that enables anyone to make the songs they want. The company aims to help people rediscover the joy of play and exploration.
  • Landed — LANDED makes hiring top-notch candidates onto your team effortless.
  • Periodic Labs — Periodic Labs develops artificial intelligence systems that simulate and predict the properties of materials using machine learning. The company applies computational models to support the discovery and design of materials used in sectors such as energy, electronics, and infrastructure. It builds tools that aim to reduce the time and costassociated with traditional research and development processes. Periodic Labs uses AI to analyze large-scale scientific data and collaborates with academic and industry partners to support material science research.
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Ocean Impact
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Internet startups

Growth stage investments in companies with Ocean Impac

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Investment focus

  • Industry: Internet, Aquaculture, Marine Technology
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Innomar Ocean Technology — Innomar creates intelligent buoys and innovative technological solutions that are focused on digitizing and promoting a sustainable approach to the oceans. It specializes in the marine industry, fisheries, and aquaculture. Their primary objective is to enhance current technology to enable better resource management and create superior tools forresponsible fishing, adding value from the catch to the plate.
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Pale blue dot
VC Fund · Malmö, Skane Lan, Sweden · 1 investments in Norway Internet startups

We invest in diverse and ambitious founders building scalable companies that help us reduce or reverse climate change.

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Investment focus

  • Industry: Software, Internet, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 53
  • Lead/follow: no public data

Portfolio highlights

  • Solarock — Solarock is a French solar panel installer specializing in residential and small commercial self-consumption. The company offers a turnkey solution combining quality, transparency, and local support, with certified technicians and a comprehensive service, from design to maintenance. Solarock relies on sustainable equipment, a local franchise model,and technological innovations to democratize access to efficient solar energy that is accessible to all .
  • Way — Way is a platform for easily implementing new technologies for the evolving commercial transportation fleets. Way enables efficient fleet transformation and intelligence by unlocking multi-source operational data.
  • Overstory — Overstory applies artificial intelligence to high-resolution satellite imagery to provide real-time analytics of natural resources. We help to prevent forest fires, deforestation, power outages and are on a mission to create a more sustainable environment. Our insights on the quantity and quality of natural resources help to improve decision-makingby electric utility companies, forestry companies and NGOs.
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AU21 Capital
VC Fund · San Francisco, California, United States · 1 investments in Norway Internet startups

A fund dedicated to backing the most brilliant minds in the blockchain space

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Initial Coin Offering
  • Geography: United States, Singapore, United Kingdom

Investor stats

  • Total investments: 174
  • Lead/follow: no public data

Portfolio highlights

  • A-World — A-world is a super metaverse card tower defense battle game based on BNB CHAIN.
  • NeuronX — NeuronX Protocol is the pioneering decentralized lending protocol on Dfinity, setting the stage for smart DeFi. By focusing on AI-driven automation and enhanced user experiences, NeuronX aims to revolutionize the DeFi landscape and appeal to a broader audience. At the core of NeuronX is a groundbreaking innovation: AI-Powered Smart LiquidityPlatforms (AILPs). These AILPs are advanced vault strategies operated by intelligent AI algorithms. Users can effortlessly gain leverage by simply depositing a base asset. Behind the scenes, AILPs leverage AI to automate complex transactions and continuously rebalance positions, ensuring optimal leverage without the risk of liquidation. This integration of AI streamlines the process, making advanced financial strategies accessible and hassle-free.
  • Vue Protocol — Vue Protocol operates as a layer2 for Web3 Social.
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La Famiglia
VC Fund · Berlin, Berlin, Germany · 1 investments in Norway Internet startups

We are an early-stage venture capital fund backing the best tech entrepreneurs across Europe and the US

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 113
  • Round size: Seed $2.2M–$10M; Series A $7.4M–$95M; Series B $22M–$95M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $99M in 2023

Portfolio highlights

  • Parloa — Amplify your customer service experience with a team of personal AI agents. Leverage the full power of generative AI for contact center automation.
  • Langdock — Meet Langdock. Start with a GDPR-compliant daily chat companion for your employees. Then deploy more advanced AI use cases like Assistants and Workflows. All in one easily extendable platform.
  • NaroIQ — Discover how we make Money Matter through out innovative fund infrastructure, enabling fair and redistributive earnings in the ETF and fund market.
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node.vc
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Internet startups

node.vc is an early-stage venture capital fund investing in groundbreaking technology start-ups. We invest in transformative shifts enabled by business innovation, and powered by breakthrough technologies.

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Investment focus

  • Industry: PC Games, Online Games
  • Stage:Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Acembee — Acembee is an AI-driven platform designed to automate the tracking, data collection, and reporting of LCA A4+A5 (Life Cycle Assessment phases related to construction site energy use and transport) for construction projects. provides solution that consolidates data from the building site into one platform, enabling precise, real-time insights intoenergy consumption, CO₂ emissions, and compliance with legal environmental requirements. Acembee saves significant time, reduces unnecessary energy use by up to 40%, and helps projects stay within allowed CO₂ limits, ultimately making sustainability management on construction sites.
  • Starhive — Build apps in hours for data and asset management, help desks, project management and more with Starhive. Streamline processes and empower decision-making.
  • ONiO — ONiO is a fabless IoT company specializing in batteryless microcontrollers that run on ambient energy. ONiO.zero can use virtually any RF, thermal, solar, piezo signal as a power source. Our aim is to unshackle one IoT device at a time from the battery, en route to a 100% battery-free IoT future. Our product offers manufacturers a more minimalist, user-friendly, economical and environmentally sustainable power solution for IoT devices.
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Verdane
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Internet startups

The preferred growth partner to tech-enabled businesses in Northern Europe.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Venture - Series Unknown, Private Equity
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 164
  • Round size: Private Equity $11M–$100M; Venture - Series Unknown $2.2M–$104M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fresh fund, raised $2B in 2025

Portfolio highlights

  • Animail — Founded in 2007, Animail revolutionized the Nordic e-commerce development of the pet industry. Back in 2007: a challenger and a start up. Today: driving the digital development of the industry as nordic market leader online. Our customers choose between 8000 different products - ranging from pet food to accessories such as toys, treats,supplements, clothing, healthcare, hygiene and more. Our product range covers dogs, cats, small animals, birds, reptiles and fishes. Purchases are made online and goods we ship the good to our consumers - all the way the door step.Since 2011 backed by Verdane Capital
  • Eterno Health — Eterno Health operates in the healthcare sector, providing spaces where medical practitioners can independently conduct their practices. The company focuses on preventative healthcare, offering modern facilities for doctors and therapists across various specialties. Eterno Health supports a wide range of health services, aiming to enhance patientcare through accessible and well-equipped practice areas. The organization also engages in health consultations and treatments, ensuring that these services are delivered in state-of-the-art environments. Eterno Health is committed to strengthening health outcomes by facilitating quality healthcare services.
  • Hornetsecurity — Hornetsecurity offers fully managed cloud security solutions including Cyber Security, Backup, Compliance & Risk Governance
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Firestreak Ventures
VC Fund · Aspen, Colorado, United States · 1 investments in Norway Internet startups, 8 in the past 12 months

We invest in pre-seed and seed stage companies in the developer tooling, infra, OSS, cybersecurity and ML and AI infra.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Israel, United Kingdom

Investor stats

  • Total investments: 80
  • Round size: Seed $2.3M–$9.5M; Pre-Seed $100k–$2M; Series A $8M–$80M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Rork — Rork is an AI-powered platform that lets you build complete, cross-platform mobile apps in minutes by simply describing what you want. It uses AI and React Native to generate fully functional apps-examples include visual novel games, Airbnb-style apps, meditation timers, and more. You can export these apps, use them on your phone, and even sharethem via QR codes or links.
  • InkVell — InkVell is an AI research platform that connects scientists and allow them to carry on their research work smoothly. 2025
  • Athena Security Group — Athena Security Group brings together world-class experts in Cyber Defense, Security Operations, Software Development, SaaS, and AI to create a best-in-class, state-of-the-art, enterprise Cyber Defense platform.
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Internet VC funding in Norway at a glance

Stats across 54 deals from 78 investors.

78
investors
in Norway Internet startups
54
deals
in Norway Internet startups
$1.4M
median round
in Norway Internet startups
31%
lead investors
lead at least one round
24%
Seed
most common funding stage

Access all 78 VC funds in Norway Internet startups.

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