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Top 50 Machine Learning VC Funds & Investors in Norway (June 2026)

The most active venture capital funds investing in Norway Machine Learning startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Machine Learning startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SNÖ Ventures
VC Fund
3 Norway, United States, Sweden Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $1M–$59M
Investinor
VC Fund
3 Norway, United States, Sweden Series A, Seed Software, Biotechnology, Manufacturing $400k–$25M
Antler
VC Fund
3 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $104k–$29M
Concentric
VC Fund
3 United Kingdom, United States, Germany Seed, Series A, Series B Financial Services, Software, Bitcoin $1.1M–$225M
Alliance VC
VC Fund
3 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics $1.3M–$24M
Skyfall Ventures
VC Fund
2 Norway, Denmark, United States Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $336k–$5.5M
Simula Innovation
VC Fund
2 Norway Pre-Seed Software, Machine Learning, Artificial Intelligence $250k–$672k
KOMPAS VC
VC Fund
2 United States, Germany, Israel Seed, Series A, Series B Software, Construction, Information Technology $2.2M–$70M
Fusion Fund
VC Fund
2 United States, Canada, India Seed, Series A Artificial Intelligence, Software, Machine Learning $1.1M–$50M
Idekapital
VC Fund
2 Norway, United Kingdom Series A, Seed Software, SaaS, Information Technology $168k–$15M
Superorganism
VC Fund
2 United States, Norway, Sweden Seed, Pre-Seed, Series A Software, Machine Learning, Artificial Intelligence $360k–$8M
Construct Venture
VC Fund
2 Norway, Spain Seed, Series A Software, Information Services, Information Technology $2.2M–$25M
Butterfly Ventures
VC Fund
2 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.4M
The Index Project
VC Fund
1 United States, Denmark, Chile Seed, Series A, Series B Chemical, Artificial Intelligence, SaaS $1.1M–$3M
Malling & Co Venture
VC Fund
1 Norway Seed SaaS, Software, Construction
Maki.vc
VC Fund
1 Finland, Norway, Denmark Seed, Series A, Pre-Seed Software, E-Commerce, Information Technology $900k–$37M
Serra Ventures
VC Fund
1 United States, Canada, Brazil Seed, Series A Software, Health Care, Analytics $250k–$15M
Kinled Holding
VC Fund
1 United Kingdom, United States, Switzerland Seed, Series A Biotechnology, Health Care, Software $648k–$40M
Nysnø
VC Fund
1 Norway, United Kingdom Series A, Series B Renewable Energy, Robotics, Software $5M–$44M
Nordic Impact
VC Fund
1 Norway Seed Chemical, Life Science, Visual Search
Saudi Aramco Energy Ventures
VC Fund
1 United States, Norway, United Kingdom Series B, Series C Energy, Oil and Gas, Software $4M–$110M
Sondo Capital
VC Fund
1 Norway, United States, Denmark Seed, Pre-Seed, Series A Software, Analytics, Real Time $660k–$16M
LakeEight
VC Fund
1 Norway Series A SaaS, Software, Construction
Middelborg
VC Fund
1 Norway Software, Machine Learning, Artificial Intelligence
Melesio Capital
VC Fund
1 Norway Series A AgTech, Robotics, Software
Smart Innovation Norway
VC Fund
1 Norway Software, Machine Learning, Artificial Intelligence
Bakken & Baeck
VC Fund
1 Norway Seed, Angel Chemical, Software, Life Science
Innovation Norway
VC Fund
1 Norway, Romania, Sweden Grant, Seed Software, Information Technology, SaaS $42k–$3.6M
MP Pensjon
VC Fund
1 Norway, Sweden, United States Seed, Series A Software, Information Technology, SaaS $500k–$9M
Sanden
VC Fund
1 Norway Series A Software, Machine Learning, Artificial Intelligence
Beat Ventures
VC Fund
1 United States, Norway Seed, Pre-Seed Artificial Intelligence, Software, Machine Learning $3M–$9M
Scribble Ventures
VC Fund
1 United States, Mexico, United Kingdom Seed, Series A, Pre-Seed Software, Information Technology, SaaS $1M–$35M
TRK Group
VC Fund
1 Norway, Kenya Pre-Seed, Seed SaaS, Artificial Intelligence, Internet $400k–$510k
Accel
VC Fund
1 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.5M–$74M
Invest Northern Ireland
VC Fund
1 United Kingdom, United States, Ireland Grant, Seed Health Care, Biotechnology, Medical $20k–$25M
Farvatn Venture
VC Fund
1 Norway, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Health Care $1M–$7.5M
SET Ventures
VC Fund
1 Germany, The Netherlands, United Kingdom Series A, Series B Energy, Software, Renewable Energy $3.9M–$27M
Herfo
VC Fund
1 Norway Seed CMS, Content, Digital Media
Raise Ventures
VC Fund
1 France, Norway, Germany Series A, Seed, Series B FinTech, Software, Financial Services $2.6M–$44M
Altitude Capital
VC Fund
1 Norway Seed Sports, Software, Computer Vision
Ørsted
VC Fund
1 United States, Norway, United Kingdom Grant, Seed, Series A Energy, Artificial Intelligence, Electric Vehicle $2.5M–$2.5M
EnBW New Ventures
VC Fund
1 Germany, Austria, France Series A, Seed, Series B Software, Artificial Intelligence, Power Grid $1.4M–$28M
York IE
VC Fund
1 United States, Canada, Norway Seed, Series A, Pre-Seed Software, SaaS, Information Technology $1M–$10M
Point Nine
VC Fund
1 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $900k–$53M
Valinor AS
VC Fund
1 Norway, United Kingdom Seed, Series A Robotics, Software, Renewable Energy $1.8M–$2.4M
Draper Startup House Ventures
VC Fund
1 United States, Singapore, Australia Pre-Seed, Seed Software, FinTech, Analytics $875k–$4.3M
Ørsted Ventures
VC Fund
1 Norway Seed Software, Wind Energy, Machine Learning
Futurum Ventures
VC Fund
1 Norway, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Energy $360k–$5M
Stratel
VC Fund
1 Norway, United Arab Emirates Seed, Pre-Seed Software, Robotics, Health Care $320k–$3M
VNTRS
VC Fund
1 Norway Pre-Seed SaaS, Software, Data Center
Access all 71 VC funds in Norway Machine Learning startups.

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

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Investor list

SNÖ Ventures
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Machine Learning 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, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 31
  • Round size: Seed $1M–$5.5M; Pre-Seed $2.8M–$4.5M; Series A $4.9M–$59M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — 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.
  • Nolla Health — Nolla Health is a technology-driven healthcare company that focuses on developing AI-powered digital doctors, starting with skin health and dermatology.
  • Nordic Air Defence — Nordic Air Defence builds cutting-edge solutions for modern aerial security. Made in Sweden.
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Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 3 investments in Norway Machine Learning 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:Series A, Seed
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 118
  • Round size: Seed $400k–$3.3M; Series A $2M–$25M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $148M in 2011

Portfolio highlights

  • Sonair — Sonair is an award-winning deep tech startup building a breakthrough, patented 3D ultrasonic sensor that enables true machine autonomy by making robots safe, affordable, and efficient. Sonair was spun out from a leading European independent research organization, SINTEF, to exploit deep science-to-tech advancements in ultrasonics andMicro-ElectroMechanical Systems (MEMS). Using this technology, the company is delivering a sensor that will transform a robot’s vision from 2D to 3D, offering a significantly improved safety performance over traditional vision systems while cutting costs by 50-80%. The company, based in Oslo, Norway, was founded in 2022 by an experienced team of serial entrepreneurs led by Knut Sandven, former CEO of GasSecure.
  • 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.
  • Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations
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Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Norway Machine Learning 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: 1206
  • Round size: Seed $196k–$5.8M; Pre-Seed $104k–$1.1M; Series A $4.6M–$29M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Qeeper — On-demand property maintenance across London, Edinburgh and Brighton
  • Twisty — Use our character engine to make your message come alive
  • EnterMeme — meme.market is where you coin the best meme
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Concentric
VC Fund · London, England, United Kingdom · 3 investments in Norway Machine Learning startups

We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter.

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Investment focus

  • Industry: Financial Services, Software, Bitcoin
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 88
  • Round size: Seed $1.1M–$5.6M; Series A $1.7M–$25M; Series B $1.6M–$225M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • LN Markets — The first Lightning-native Bitcoin derivatives trading platform.
  • aeon.life — Preventive healthcare platform that equips people with personalized insights and expert guidance for proactive whole-body health
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Alliance VC
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Machine Learning 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: 80
  • Round size: Seed $1.3M–$5M; Series A $1.8M–$24M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Endform
  • Newcode.ai
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Machine Learning startups

We are an early stage venture capital firm based in Oslo, Norway.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Denmark, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $336k–$3.3M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
  • CYBRET AI — CYBRET AI is an AI security research and development lab that develops autonomous security solutions with humans in and not in the loop.
  • Outshifter — Outshifter is the API for product data access. Give or get access to product data, and manage it all in one universal format.
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Simula Innovation
VC Fund · Fornebu, Akershus, Norway · 2 investments in Norway Machine Learning startups

Simula Innovation is an early-stage technology investor.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $250k–$672k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • SurplusMap — SurplusMap is pioneering EV Infrastructure Intelligence. We use AI to transform charging and energy data into predictive, map-based insights that show where to build, how to forecast demand, and how to balance grid impact. Our platform unifies CPOs, energy companies, cities, and developers around a single source of truth — helping them scalecharging networks faster, reduce risks, and unlock new energy opportunities.
  • Savvie — Savvie is your sales forecasting tool, waste tracking tool, sold-out tracker, ordering solution, product manager and analytics dashboard all in one intuitive app. We help you reduce food waste while maximizing sales with our one-click solution for store management.
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KOMPAS VC
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Norway Machine Learning startups, 7 in the past 12 months

KOMPAS is an early-stage venture capital firm with offices in Amsterdam, Berlin, Copenhagen and Tel Aviv. We fund breakthrough innovations that accelerate the digital transformation and decarbonisation of the building and manufacturing industries. KOMPAS invests €1.0 – 5.0 million in Seed and Series A rounds with continued support throughout thecompany’s entire lifecycle. We partner with exceptional founders who disrupt the way buildings are designed, built and managed. We strive to eliminate emissions from building and manufacturing activity, reduce energy consumption, promote sustainable building materials, eliminate waste and support a circular economy. We invest in digital technology and automation to make industrial processes from procurement to manufacturing more efficient. We operate with purpose whilst delivering strong financial returns to our investors.

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Investment focus

  • Industry: Software, Construction, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, Israel

Investor stats

  • Total investments: 35
  • Round size: Seed $2.2M–$9M; Series A $5.5M–$43M; Series B $2.8M–$70M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Array Labs — Array Labs is working to provide high-quality 3D imagery on a global scale.
  • Epoch Biodesign — Mellizyme Biotechnology is currently operating in stealth.
  • United Manufacturing Hub — The United Manufacturing Hub is an Open-Source Industrial IoT Infrastructure Platform enabling to easily connect, configure, manage, and maintain their factory.
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Fusion Fund
VC Fund · Palo Alto, California, United States · 2 investments in Norway Machine Learning startups

Fusion Fund supports early-stage entrepreneurs who are looking to build globally disruptive companies using innovative technologies to drive systemic change.They are entering the next wave of technological advancement and foundational innovation is required to enable massive growth. With Fusion Fund’s technical and entrepreneurial backgrounds,we seek to support entrepreneurs who are building companies with strong technical barriers and advantages in their business models.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 137
  • Round size: Seed $1.1M–$11M; Series A $6.8M–$50M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $100M in 2021

Portfolio highlights

  • SAIF Autonomy — At SAIF Systems we aim to be the global leaders in novel control assurance, pioneering trusted and ethical autonomy for humanity. Our software enables assured, trustworthy deployment of AI and novel control in any application for the first time; starting with autonomous systems.SAIF offers licensing and SaaS development options to OEMs, systemintegrators, operators, and regulators, ultimately ensuring safety in autonomous systems everywhere.
  • Niobium Microsystems — The encrypted cloud has arrived.
  • Rhino Federated Computing
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Idekapital
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Machine Learning 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, Seed
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 32
  • Round size: Seed $168k–$4.4M; Series A $2.7M–$15M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • ORDR — Restaurants, foodstalls and takeaways use ORDR to speed up food prep and increase revenue.
  • 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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Superorganism
VC Fund · New York, New York, United States · 2 investments in Norway Machine Learning startups

Superorganism is a venture fund for biodiversity.

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Investment focus

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

Investor stats

  • Total investments: 12
  • Round size: Seed $360k–$8M; Pre-Seed $2M–$2M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Cecil — From nature-based offset projects to biodiversity inventories, we simplify natural asset management for project developers, intermediaries, asset managers and investors.
  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
  • Deep Forestry — Deep Forestry AB specializes in developing autonomous survey drones equipped with 3D AI technology. These drones are designed to navigate through forests and agricultural plantations, scanning individual trees to measure biodiversity and gather detailed data. The company focuses on leveraging deep-tech solutions in 3D AI, autonomous robotics, andcomputer vision to enhance forest management and agricultural practices.
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Construct Venture
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Machine Learning startups

Early phase investor in ConstructionTech and PropTech powered by OBOS & AF

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Investment focus

  • Industry: Software, Information Services, Information Technology
  • Stage:Seed, Series A
  • Geography: Norway, Spain

Investor stats

  • Total investments: 9
  • Round size: Seed $2.2M–$6.6M; Series A $10M–$25M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • 7Analytics — 7Analytics delivers disruptive proptech solutions for sustainable cities. Our innovative FlomKuben software will utilize automatization and AI to allow rapid and safe analysis for stormwater management.
  • Theoriq — Theoriq is a platform for limitless AI innovation built on the principles of composability, extensibility, and community-driven governance.
  • Findable — Findable is an intelligent facility management system for public properties, commercial real estate and construction. We use AI to automate operations and manage your properties with data from your building documentation. Our user-friendly software helps your facility manager ensure compliance, reduce risk, and lower operation costs with powerful automation tools.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 2 investments in Norway Machine Learning startups

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 87
  • Round size: Seed $219k–$2.1M; Pre-Seed $110k–$4.4M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Atium — Clean water is one of the largest future challenges we stand before, and toxic pollutants are a large contributing factor. Heavy metals are some of the most toxic chemicals to human health and it is our goal, through our innovation, to contribute to a world where water treatment is more environmentally friendly and effective. Atium exists to helpensure clean water, for everyone.
  • Reactional Music — Reactional Music is creating a new commercial layer for the global games industry that uses premium, licensed music to drive both user acquisition and player engagement. The company’s technology allows developers and publishers to integrate commercial music at two critical points in the player lifecycle:- Music in User Acquisition – improvingconversion, ROI, and campaign lifespan in playable ads and performance marketing.- Music in Games – increasing retention, session length, and monetization through adaptive, personalized music experiences.Reactional’s platform combines a patented rule-based adaptive music engine, a licensed catalog of more than six million tracks, and an automated rights and royalty system. The technology is already integrated with Unity and Unreal and is deployed across live projects with leading publishers and studios.
  • Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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The Index Project
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Norway Machine Learning 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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Malling & Co Venture
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Malling & Co provides all services within management, rental, transactions, valuations, analysis, consulting, rental search, business management, caretaker services, project management, and real estate development.

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Investment focus

  • Industry: SaaS, Software, Construction
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Findable — Findable is an intelligent facility management system for public properties, commercial real estate and construction. We use AI to automate operations and manage your properties with data from your building documentation. Our user-friendly software helps your facility manager ensure compliance, reduce risk, and lower operation costs with powerful automation tools.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Norway Machine Learning startups

We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves.

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Investment focus

  • Industry: Software, E-Commerce, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Norway, Denmark

Investor stats

  • Total investments: 93
  • Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Yaak Technologies ApS — Safety in urban self-driving is currently an afterthought. At Yaak, we distill safety from driving experts for the next generation of human and autonomous driving.
  • IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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Serra Ventures
VC Fund · Champaign, Illinois, United States · 1 investments in Norway Machine Learning startups

Serra Ventures is a venture capital firm investing in Seed, Seed Plus and Series A tech companies primarily in the U.S.

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Investment focus

  • Industry: Software, Health Care, Analytics
  • Stage:Seed, Series A
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 156
  • Round size: Seed $250k–$4.5M; Series A $1.6M–$15M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2021

Portfolio highlights

  • EIWA — We are an AgTech focused on Digital Transformation required by the Farm Input Ecosystem. We combine technology, images and data, enabling field information and data knowledge management in a simple and reliable framework focused on faster product development cycles and accelerated market deployment of Farm Inputs.
  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • FloVision Solutions — Food Analytics to maximize profits and minimize waste. FloWaste allows food service providers to optimize meal preparation, ingredient combinations, and portion sizing
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Kinled Holding
VC Fund · New York, New York, United States · 1 investments in Norway Machine Learning startups

Kinled was founded in 1980 to retain the investment assets of the Aisher family.In 1990, the investment focus shifted to a portfolio of early stage investments applying Kinled’s company development experience alongside the endurance and passion of family owned investments together with the strategic focus of venture capitalists.Since then,Kinled has taken 8 companies to public markets and many more to successful trade sales at significant multiples.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Switzerland

Investor stats

  • Total investments: 117
  • Round size: Seed $648k–$11M; Series A $2M–$40M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Esper — Esper is the first cloud-based platform to help governments proactively manage public policy with better data and transparency.
  • Q.ANT — Q.ANT develops photonic processors for AI and high-performance computing, utilizing light for information processing. The company also produces quantum sensors offering ultra-high magnetic field sensitivity in a compact form factor. These products aim to enable more intelligent and sustainable systems across various sectors like data centers,aerospace, and medical technology.
  • PreComb — PreComb develops technologies to optimally adapt the therapies to each patient for difficult to treat cancers to increase the success rates in cancer therapy. Only an efficient use of healthcare resources can lead to a maximum improvement in the quality of life of patients.
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Nysnø
VC Fund · Stavanger, Rogaland, Norway · 1 investments in Norway Machine Learning startups

Nysnø is a governmental climate investment fund investing in companies that solve climate challenges. The investment fund is set up as a commercial company that invests in technologies that contribute to reducing greenhouse gas emissions. It was established in 2017 in Stavanger, Rogalan by the Norwegian Ministry of Trade and Industry.

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Investment focus

  • Industry: Renewable Energy, Robotics, Software
  • Stage:Series A, Series B
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 31
  • Round size: Series A $5M–$40M; Series B $5.5M–$44M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Hystar — Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various criticalenergy challenges and having the potential to reduce greenhouse gas emissions.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Dimensions Agri Technology — DAT is a Norwegian AgTech company offering a solution for real time patch spraying, using AI to recognize weeds in cereal fields.
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Nordic Impact
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Nordic Impact invests in, supports, and builds businesses and funds based around technology. The company's goal is to make impact investing mainstream and mobilize all business and capital towards solving the big problems in the world while making great financial returns.

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Investment focus

  • Industry: Chemical, Life Science, Visual Search
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Iris.ai — Augment expert knowledge by unifying complex enterprise data to empower next-gen AI agents & applications
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Saudi Aramco Energy Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Norway Machine Learning startups

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia),SAEV also operates through regional offices in North America and Europe. SAEV's Objectives are: - Enhance reserve identification, management and production - Increase energy production - Improve operational efficiency - Increase value in downstream processes - Optimize energy & water consumption in Saudi ArabiaSAEV's investment Focus Areas are: - Upstream Oil & Gas - Downstream & Petrochemicals - Sustainability - Digitalization and IR4.0 - New Drivers of Hydrocarbon Demand

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Investment focus

  • Industry: Energy, Oil and Gas, Software
  • Stage:Series B, Series C
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Series B $4M–$58M; Series C $10M–$110M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2020

Portfolio highlights

  • Novomer — Novomer is a new materials company pioneering a family of competitively priced high-performance green plastics, polymers and other chemicals. With proprietary catalytic technology and a world-class scientific team, Novomer's groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed intopolymers, plastics and other chemicals for a wide variety of industrial markets.It was founded in 2004 and headquartered in Waltham, Massachusetts.
  • 908 Devices — Revolutionizing chemical analysis with simple handheld devices that provide rapid answers at the point-of-need in vital health and safety applications.
  • Data Gumbo — Data Gumbo is the smart contract company trusted by global industrial enterprises. The only network of enterprises and their customers, suppliers and vendors that successfully incorporates real-time sensor level and field data to validate transactions, GumboNet™ reduces costs by more than 10% for all network members by automatically eliminatingpayment delays, disputes and complicated reconciliations.To date, Data Gumbo has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco; Equinor Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator; and L37, a hybrid venture capital and private equity company. Data Gumbo is headquartered in Houston, Texas, with global offices in Stavanger, Norway, and London, UK. For more information, visit www.datagumbo.com.
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Sondo Capital
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway

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Investment focus

  • Industry: Software, Analytics, Real Time
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, United States, Denmark

Investor stats

  • Total investments: 18
  • Round size: Seed $2.1M–$5.1M; Pre-Seed $660k–$2M; Series A $11M–$16M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Lightsonic — We transform how critical infrastructure is monitored to help preserve and optimise natural resources, reduce carbon emissions, and create a more sustainable and resilient environment.
  • Cardboard — Cardboard simplifies SaaS spend management with virtual cards, automated receipt collection, and AI receipt matching, all accessible through a live dashboard to control software costs.
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LakeEight
VC Fund · Berlin, Berlin, Germany · 1 investments in Norway Machine Learning startups

LakeEight is a financial investment and advisory boutique with a digital DNA.

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Investment focus

  • Industry: SaaS, Software, Construction
  • Stage:Series A
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Findable — Findable is an intelligent facility management system for public properties, commercial real estate and construction. We use AI to automate operations and manage your properties with data from your building documentation. Our user-friendly software helps your facility manager ensure compliance, reduce risk, and lower operation costs with powerful automation tools.
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Middelborg
VC Fund · 1 investments in Norway Machine Learning startups

Middelborg is a privately held investment company with investments in public and private equities, real estate and financial derivatives. Middelborg's investments include major stakes in several listed companies, real estate, an actively managed portfolio of listed stocks and a group of investments in privately held companies.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
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Melesio Capital
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Melesio Capital is a investment firm.

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Investment focus

  • Industry: AgTech, Robotics, Software
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Memory — Memory crafts tools for a better future of work. Do your best work by design with Timely, Dewo and Glue.
  • Saga Robotics — Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald. Our robots provide chemical-free vineyard and strawberry disease management to help growers increase yields and reduce reliance on fungicides.
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Smart Innovation Norway
VC Fund · Halden, Ostfold, Norway · 1 investments in Norway Machine Learning startups

Smart Innovation internationally oriented business cluster in Norway within energy, digitization, Big Data Analytics and ICT.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
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Bakken & Baeck
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning 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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Innovation Norway
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Innovasjon Norge - vi gir lokale ideer globale muligheter

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Grant, Seed
  • Geography: Norway, Romania, Sweden

Investor stats

  • Total investments: 75
  • Round size: Seed $118k–$3.6M; Grant $42k–$1.7M
  • Lead/follow: 47% lead, 53% follow

Portfolio highlights

  • Munibee — Munibee is a financial management platform designed to help users track and manage personal and shared finances. It integrates with multiple banks using open banking to provide a unified view of transactions and accounts. The platform offers tools for budgeting, collaboration, and expense tracking across households or projects.
  • 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.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

MP Pensjon er pensjonskasse for TINE SA og norske datterselskaper. God og langsiktig forvaltning sikrer din pensjon.

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Investment focus

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

Investor stats

  • Total investments: 22
  • Round size: Seed $500k–$5.5M; Series A $4.9M–$9M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Climeon — Climeon is a clean-tech vendor that produces heat power systems, converting waste heat and geothermal heat into clean electricity. The company develops low temperature industrial and geothermal waste heat recovery products which can convert temperature differences in water and gas into electricity.Founded by Thomas Öström and Joachim Karthäuserin 2011, Climeon is headquartered in Stockholm, Sweden.
  • Odins.ai — Odins.ai is a platform powered by AI that focuses on offering organizations intelligent automation solutions. Optimizes your budget using the most recent AI-driven models to guarantee the highest return on investment.
  • Saga Robotics — Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald. Our robots provide chemical-free vineyard and strawberry disease management to help growers increase yields and reduce reliance on fungicides.
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Sanden
VC Fund · Isesaki, Gumma, Japan · 1 investments in Norway Machine Learning startups

Sanden is a equipment and electrical equipment manufacturing company.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Series A
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Memory — Memory crafts tools for a better future of work. Do your best work by design with Timely, Dewo and Glue.
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Beat Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Machine Learning startups

Beat Ventures invests in people-centered technology companies reshaping the future of work.

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Investment focus

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

Investor stats

  • Total investments: 12
  • Round size: Seed $3M–$9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Bolo AI — At Bolo AI, we are pioneering the future of knowledge management in heavy industries, starting with Oil & Gas. Our groundbreaking platform combines domain-specific models with cutting-edge AI technology to redefine how millions of heavy industry professionals access and create vital knowledge. Our products, Bolo AI Answer and Bolo AI Writer,streamline access to critical information and documentation processes, setting new standards in productivity, safety, and efficiency.
  • Theo Ai — Predict the outcome of your next case. Theo Ai uses predictive analytics to deliver clarity and confidence in every legal decision.
  • Nexxa.ai — Agentic automation tailored to system-critical industries the world relies on. Book a free consultation today.
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Scribble Ventures
VC Fund · Portola Valley, California, United States · 1 investments in Norway Machine Learning startups

Scribble Ventures is a founder friendly capital for early-stage startups. Angel investors, Venture Capital, Startup Lab, Startups, Startup Mentorship, Founder advice, engineering, product, early stage startup

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Mexico, United Kingdom

Investor stats

  • Total investments: 125
  • Round size: Seed $2M–$10M; Pre-Seed $1M–$3.8M; Series A $10M–$35M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • SigScalr — SigLens is an open source alternative to Splunk/DataDog 100x more efficient than Splunk and helps your reduce your observability bill by 90%.
  • Synctera — Making it easier for community banks and FinTechs to find their perfect match and work together. Welcome to the new FinTech frontier.
  • Checkmate — Never miss a deal.
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TRK Group
VC Fund · 1 investments in Norway Machine Learning startups

An Oslo-based Advisory and Active Ownership Firm.

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Investment focus

  • Industry: SaaS, Artificial Intelligence, Internet
  • Stage:Pre-Seed, Seed
  • Geography: Norway, Kenya

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $400k–$510k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
  • Vilect AI — Vilect is a recruitment software for store managers. The system identifies the most relevant candidates and lets the hiring manager screen recorded video interviews integrated directly into the system - store managers can see their fit, personality, drive, and motivation and save time and money.
  • Travelin.ai — Business and Leisure travel no longer just exist in silos but are intertwined. Travelin.ai is the Next Generation Corporate Travel Management Platform which reflects the true way we live, work and travel.
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Accel
VC Fund · Palo Alto, California, United States · 1 investments in Norway Machine Learning startups

First partner to exceptional teams everywhere

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Investment focus

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

Investor stats

  • Total investments: 1877
  • Round size: Seed $1.5M–$10M; Series A $4.5M–$40M; Series B $10M–$74M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2019

Portfolio highlights

  • Rally — Invest in collectibles for as little as $50 per share, on Rally
  • XFactor — XFactor.io is a platform with constant sales performance monitoring, real-time recommendations, and live analytics.
  • Shift Technology — Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactionsto date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.
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Invest Northern Ireland
VC Fund · Belfast, Belfast, United Kingdom · 1 investments in Norway Machine Learning startups

Invest Northern Ireland is Northern Ireland's economic development agency. Their overall goal is to help create wealth for the benefit of the whole community by strengthening the economy and helping it grow.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Grant, Seed
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 38
  • Round size: Seed $39k–$1.2M; Grant $20k–$25M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • CattleEye — Intelligent monitoring for healthier, more sustainable herds
  • Armstrong Medical — Eakin Healthcare is a UK manufacturer of high quality innovative respiratory products for use in Critical, Neonatal and Perioperative Care.
  • Ready Egg Products — Ready Egg Products provides a wide range of high-quality egg products to the foodservice and manufacturing industries.
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Farvatn Venture
VC Fund · 1 investments in Norway Machine Learning startups

Planet 9 Venture supports startups and work with venture funds to make a positive imprint on the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $1M–$7.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
  • Ocean Oasis — The future of wave powered desalination. We use wave energy to make sustainable and affordable water for coastal communities and businesses.
  • LIFENESS — Lifeness is a platform specialized in the treatment of lifestyle diseases and an entrepreneur from the fitness industry,
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SET Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Norway Machine Learning startups

SET propels founders from early growth to European scale. We invest in and grow the solutions powering the digital energy economy.

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Investment focus

  • Industry: Energy, Software, Renewable Energy
  • Stage:Series A, Series B
  • Geography: Germany, The Netherlands, United Kingdom

Investor stats

  • Total investments: 64
  • Round size: Series A $3.9M–$12M; Series B $8.2M–$27M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • DEPsys — Our advanced smart grid solutions and insights empower electricity DSOs and simplify their journeys through the energy transition.
  • Trunkrs — Wij leveren pakketten tussen 17:00 & 22:00, Sneller, groener en vriendelijker. Same Day & Next Day bezorging door heel Nederland en Vlaanderen.
  • Tibo Energy — To make sure you operate within the limits of your contract we control your network. We avoid congestion in your energy network.
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Herfo
VC Fund · 1 investments in Norway Machine Learning startups

Herfo was founded in 2005 by Folke Hermansen.

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Investment focus

  • Industry: CMS, Content, Digital Media
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Factiverse — AI-powered fact-checking solutions tailored to media and finance that accelerate research, access credible sources, and protect organizational reputations.
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Raise Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Norway Machine Learning startups

Raise Ventures is a Venture Capital structure dedicated to innovative startups in France and Europe.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: France, Norway, Germany

Investor stats

  • Total investments: 39
  • Round size: Seed $2.6M–$9.9M; Series A $4.5M–$18M; Series B $11M–$44M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Bergamotte — Founded in 2015, Bergamotte offers a delivery service of flowers and plants throughout France.
  • Lightsonic — We transform how critical infrastructure is monitored to help preserve and optimise natural resources, reduce carbon emissions, and create a more sustainable and resilient environment.
  • Omniscient — Omniscient is a decision intelligence platform for senior corporate leadership. Omniscient platform is to aggregate and synthesize external and internal data into a centralized management cockpit.
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Altitude Capital
VC Fund · 1 investments in Norway Machine Learning startups

Altitude Capital also invests in privately held companies in different stages of development.

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Investment focus

  • Industry: Sports, Software, Computer Vision
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
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Ørsted
VC Fund · Gerning, Midtjylland, Denmark · 1 investments in Norway Machine Learning startups

Ørsted develops and maintains offshore and onshore renewable energy farms, energy storage facilities, and bioenergy plants.The company's vision is a world that runs entirely on green energy. A decade ago, Ørsted initiated its transformation from a black to a green energy company as DONG Energy. Since then, the company reduced its coalconsumption by 73% and decided to fully phase out coal by 2023. Ørsted becomes a global leader in offshore wind with a market share of 25%, currently powering 9.5 million people.

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Investment focus

  • Industry: Energy, Artificial Intelligence, Electric Vehicle
  • Stage:Grant, Seed, Series A
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Grant $2.5M–$2.5M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
  • Mission Clean Energy — Mission Clean Energy's objective is to properly decarbonize the grid by implementing renewable energy projects one at a time. Mission is well-capitalized and in a unique position to grow and execute on its expanding pipeline.
  • University of Rhode Island — Think Big. We Do.
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EnBW New Ventures
VC Fund · Karlsruhe, Baden-Wurttemberg, Germany · 1 investments in Norway Machine Learning startups

We support entrepreneurs to develop new solutions for a sustainable future - people, planet, profit - by leveraging our financially driven VC setup with the reach and skills of our corporate investor EnBW.

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Investment focus

  • Industry: Software, Artificial Intelligence, Power Grid
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Austria, France

Investor stats

  • Total investments: 45
  • Round size: Seed $1.4M–$11M; Series A $4.2M–$12M; Series B $5.5M–$28M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $106M in 2018

Portfolio highlights

  • Sunhat — Sunhat empowers sustainability teams to deliver audit-ready responses for customer questionnaires, reporting checklists and ESG ratings.
  • Hololight — Leading XR streaming technology platform, support for all XR Devices and an immersive AR and VR experience.
  • Greenbird Integration Technology — Greenbird - a VC backed B2B SaaS - provides Utilihive, the Operating System for the Platformed Digital Utility and Energy Cloud. Utilihive is the Domain specific iPaaS purpose-built for Utilities driving the Digital Transformation and empowering the Smart Grid, Smart City and Industrial IoT.Greenbird’s Utilihive is in full Productive Operationsfor Utilities serving moire than 65 million Clients in Scandinavia, Germany, UK, Middle East and Far East.Greenbird is recognized as Though Leader with Digital Innovation for the ongoing Energy Revolution.Greenbird is an Enterprise SaaS company offering Utilihive the Smart Utility Hub empowering the Smart Grid, Smart City and Industrial Internet of Things (IIoT).Utilihive is a Big Data Integration Platform (Domain specific iPaaS) purpose built for Utilities. Utilihive is the “Operating System” for Smart Energy Services and the Energy Cloud.
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York IE
VC Fund · Manchester, New Hampshire, United States · 1 investments in Norway Machine Learning startups

Founders, operators, and investors at all stages rely on York IE to help build, scale and monetize their business.

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Investment focus

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

Investor stats

  • Total investments: 68
  • Round size: Seed $1.8M–$5M; Pre-Seed $1M–$3.3M; Series A $4M–$10M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • SetSale — SetSale is an AI-powered sales platform that provides automated pricebook, CRM integration, and financial calculation for HVAC contractors.
  • Franzy — Franzy is the "Zillow for franchising"—a smarter, more transparent way to find, compare, and finance franchise opportunities. We match aspiring entrepreneurs with the right franchise brands based on their goals, experience, and budget, making the path to business ownership simpler, faster, and more accessible.
  • WorkHero — WorkHero takes the most annoying paperwork off your plate. Our office assistants powered by AI can save you up to 16 hours per week
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Point Nine
VC Fund · Berlin, Berlin, Germany · 1 investments in Norway Machine Learning 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: 255
  • Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$53M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Athenian — Introducing the world to software engineering metrics that help teams, and improve processes. Athenian is built for GitHub and Jira users.
  • Lottielab — Easiest animation editor for design and tech teams.
  • Wikifarmer — A free online knowledge library where professional or amateur farmers can find best practices on growing their fields more effectively and an online marketplace where farmers can sell their products to buyers directly. Our vision is to create a fair, transparent and profitable environment for all the farming world. Farmers are dedicating theirlives in cultivating their fields, but get the lowest value of all the sales cycle, so we believe they need to receive a more fair share. Buyers have the right to have more options and buy at better prices, so we want to be the ones to solve this inequality in both sides.
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Valinor AS
VC Fund · Stavanger, Rogaland, Norway · 1 investments in Norway Machine Learning startups

Established in 1996 as Norsk Vind AS, re-branded Valinor AS in 2019, the company is a family owned investment firm that holds controlling interest in Norsk Vind Energi AS, Norway's largest private wind company. The company re-invests 90% of its profits into clean tech and renewable energy companies worldwide. Its largest investments includeglobal leader in electricity infrastructure Zaptec, and solar energy developer Norsk Solar AS.

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Investment focus

  • Industry: Robotics, Software, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$2.4M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
  • Heaten — HeatBooster - Patented high-temperature heat pump technology reducing the reliance on fossil fuels by creating reusable energy.
  • Sensonomic — Sensonomic helps you improve your land-based decisions by building digital versions of your operations. Test the outcome of your decisions before implementation.
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Draper Startup House Ventures
VC Fund · San Mateo, California, United States · 1 investments in Norway Machine Learning startups

Ventures | Draper Startup House

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Investment focus

  • Industry: Software, FinTech, Analytics
  • Stage:Pre-Seed, Seed
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 28
  • Round size: Seed $875k–$4.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Manolin — Manolin is the leading aquaculture management platform to accelerate data insights and aquaculture intelligence for global fish farms and suppliers.
  • Giftpack — Built for marketers, sales, HR, and customer teams to drive retention, loyalty, and growth at scale with AI.
  • PharmInt — A fully integrated B2B Pharmaceutical Products MarketplaceAt Pharmint, we bring together everything that’s required to procure pharma products globally under one roof. We help suppliers get discovered, negotiate prices, and seal the trade terms whereas we help our buyers by vetting all documentation and holding their payments in escrow till theirshipments are delivered and verified.A technology first approach to solving counter-party risk Experience true peace of mind as a buyer as we do the heavy lifting for you. Get access to thousands of verified sellers from across the world while our trade and escrow services ensure that your purchases are protected.Get the best prices & selection of products Our vast network of over 500 verified and onboarded suppliers with a catalogue of over 10,000 products ensures we serve all buyer needs across various MOQ and pricing banHow it works:From product discovery to product deliveryWe assist you in discovering new products, matching with potential qualified manufacturers, and making the deals happen.1. Discover new productsSearch for the high-potential products in the largest human-curated CTD database. Narrow your search applying the industry-specific filter that helps sort products by GMP approvals, country of origin, dossier type, dossier status, stability, and other valuable features.2. Get offers from manufacturers3. Connect with qualified manufacturers directlyThe largest database Simplify product discovery, reduce business development effort and costs with access to an expert curated up-to-date CTD dossier database.Direct supplier relations We enjoy direct working relations with platform manufacturers. We’ll provide the best conditions to negotiate your deal details and use our authority to make the deal happen.Vetted products We match customers only with qualified manufacturers. Our marketplace features only vetted products with up-to-date regulatory data.Industry expertise Pharmint is backed by in-depth understanding of the pharmaceutical market by its founders and associates and a strong track-record in the pharmaceutical industry.Commercial guidance We assist our customers in preparing the deal structure, evaluate annual forecasts and pricing, regulatory requirements and cover other aspects in bringing new products to market.Self-service 24/7 Buyers can search for products, make multiple RFQs, receive commercial offers, negotiate deals and build their pipeline. Sellers can manage an unlimited number of products and indicate market availability at any time.
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Ørsted Ventures
VC Fund · 1 investments in Norway Machine Learning startups

Ørsted Ventures is an early stage, patient capital fund designed to help the next generation of climate entrepreneurs.

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Investment focus

  • Industry: Software, Wind Energy, Machine Learning
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
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Futurum Ventures
VC Fund · 1 investments in Norway Machine Learning startups

Futurum Ventures invest in visionary entrepreneurs build and scale tech companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Energy
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 6
  • Round size: Seed $360k–$5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • BioSort — Biometrics provides lice, biomass, extraction, and data analysis. They offer feed, fish health, welfare, optimized harvest aquaculture, and fisheries. They provide sensor technologies, machine vision, AI, software, mechatronics.
  • Noteless — Noteless develops an AI-powered platform that converts doctor-patient conversations into structured medical notes. This tool is designed to streamline documentation processes for healthcare professionals, allowing them to focus more on patient care. The platform supports various specialties, including general practitioners, physiotherapists, andpsychologists, and is available in multiple languages such as English, German, Spanish, French, Dutch, Norwegian, and Danish. It ensures data privacy by not storing audio recordings or using patient data for model training, adhering to GDPR compliance. Healthcare providers can integrate the platform into their existing systems, aiming to reduce administrative burdens and enhance workflow efficiency.
  • Optio Incentives — Optio helps businesses incentivize employees, manage equity, stay compliant, and report costs with our software and advisory
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Stratel
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Machine Learning startups

Stratel AS is a family owned Norwegian investment and development company, founded in 1976 by Reidar Lorentzen. Stratel invests in entrepreneurs and companies with high ambitions, positive impact and a promising value potential. We invest in both startups, ventures and mature businesses. ​ Their investment philosophy is for Fun, Sense and Profit.

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Investment focus

  • Industry: Software, Robotics, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Norway, United Arab Emirates

Investor stats

  • Total investments: 7
  • Round size: Seed $320k–$3M; Pre-Seed $1.6M–$2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Oivi — Smart and automated eye screening, anywhere.
  • Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
  • Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.
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VNTRS
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Machine Learning startups

We partner with ventures to craft standout digital products. Blending business strategy, design, tech, AI and growth to build what matters, and scale it with confidence.

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Investment focus

  • Industry: SaaS, Software, Data Center
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Aimy — Aimy is your personal AI assistant who ensures optimal staffing using artificial intelligence.
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Machine Learning VC funding in Norway at a glance

Stats across 56 deals from 71 investors.

71
investors
in Norway Machine Learning startups
56
deals
in Norway Machine Learning startups
$2.3M
median round
in Norway Machine Learning startups
41%
lead investors
lead at least one round
39%
Seed
most common funding stage

Access all 71 VC funds in Norway Machine Learning startups.

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