Top 50 Manufacturing Startup Investors in Norway in May 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.
• Actithera — Actithera is a molecular radiotherapeutic company that develops radioligand therapies. It translates medicinal chemistry insights into new radioligand therapies (RLTs) and applies various molecular design strategies, including covalent targeting and an isotope-agnostic philosophy, to invent RLTs with significant differentiation and largertherapeutic windows.
• Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations

Portfolio highlights

• Nomono — Capture studio-quality podcasts with immersive 3D audio. Get professional mics, AI editing, and cloud storage in one system. Start your free trial today.
• 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.
• Hydrogen Mem-Tech — Hydrogen Mem-Tech aim is to make the green shift happen through our state-of-the-art hydrogen separation technology with carbon capture.

Portfolio highlights

• Synthium — Synthium offers Cognition-as-a-Service (CaaS) for consumer robotics, using gamified web-based simulations to crowdsource human cognitive data for training robot AI models. Users engage in robotics tasks like spatial navigation via webcam and microphone inputs, generating diverse datasets for model training across robot types such as humanoids anddrones. Data captures human intuition in dynamic environments, enabling scalable AI development without physical robots.
• Alchemyst AI — Alchemyst AI is an innovative generative AI software-as-a-service (SaaS) startup that leverages cutting-edge artificial intelligence technology to deliver unique solutions tailored to various industries. Alchemyst aims to empower businesses to harness the potential of generative AI for enhanced creativity, efficiency, and decision-making.We arebuilding force multipliers within teams across various verticals - starting with Maya, our first Alchemyst for Sales Development. We would soon be horizontally scaling to other roles as well, integrating into wherever you work.Since inception, we have taken a bottom-up approach to building our platform as opposed to a top-down approach usually seen in SaaS products - keeping the client experience first.
• Cooper Pet Care — Just Russel honden- en kattenvoeding op maat. Op basis van ras, leeftijd, gezondheid en gewicht. Makkelijker voor jou, beter voor je huisdier!

Portfolio highlights

• InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
• Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
• Cimon Medical — Cimon Medical develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow. The first product to be released in Q4 21 is NeoDoppler - non-invasive continuous monitoring of blood-flow in the brain of premature or critically ill infants.

Portfolio highlights

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
• Ciloo — The global brand management platform for local, on-demand production of branded products. Reduce costs, waste + shipping distances. Full brand control.
• Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.

Portfolio highlights

• AISTI — AISTI develops wood fiber-based acoustic tiles that are carbon negative, easy to recycle and plastic-free – bringing sustainability to construction tile by tile.
• Farang — Farang is an AI research lab based in Sweden developing the next-generation of foundational Large Language Models. The company was founded in 2025 and consists of a team of highly experienced researchers, developers, entrepreneurs and business professionals, joined by prominent deep-tech VCs and angel investors.
• Avenue Biosciences — From biotechnology tools to therapy discovery and development: Our platform enhances production yield and the quality of your end product.

Portfolio highlights

• nyris — Our custom search engines make it easy for people to find products, spare parts, and components for industry and eCommerce
• Quside — Our QRNGs let innovators build advanced solutions for cybersecurity and computation.
• iThera Medical — iThera Medical offers access to innovative technology and know-how in photonic molecular imaging. The company was founded in 2010, as a spin-off from the Helmholtz Zentrum Muenchen, the German Research Center for Environmental Health (HMGU). Together, they pursue the further development of proprietary MSOT technology for use in preclinical andclinical applications.

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

Portfolio highlights

• Harbr — The Harbr data commerce platform powers high-margin data businesses by enabling customized data product design and delivery at scale to drive significant revenue
• BRYTER — BRYTER is the AI productivity suite for legal work, made actionable through rule-based workflows.
• Inforcer — Standardize Microsoft 365 security policies across multiple tenants with ease using inforcer. Gain visibility, upsell security offerings, increase compliance and reduce risk. Book a demo now!

Portfolio highlights

• Nicoustic — Nicoustic developed accurate, non-intrusive technology for separator-level measurement based on Guided Ultrasonic Waves. Their technique uses guided ultrasonic waves to measure the amounts of solids and liquids using sensors. It is being developed to measure the interface layers between emulsion and foam.Nicoustic's prototype is the outcomeof 20 years of study at the German Fraunhofer IKTS and a response to a challenge put forth by Equinor, the largest energy company in Norway.
• Aviant — Delivering full-stack drone services that enables autonomous and on-demand transport of cargo.
• Receipts — Receipts is a single set of APIs that connects cashier systems and banks, allowing for digital receipts, card identification, and retail value-added services.

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.
• Zenniz — Zenniz is an ITF approved game tracking solution that provides real-time info, such as automated line calling, stroke and serve speeds, shot charts, match statistics and more. Players and coaches at all levels can use Zenniz on and off the court to help improve their game. For tennis clubs, Zenniz is an easy and cost-effective way to upgrade to thenext level. Due to a new, innovative sensor technology, they’ve been able to keep the cost to a minimum, making Zenniz accessible for all clubs, coaches and players.
• 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.

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.

Portfolio highlights

• Enerin — Enerin reduces energy consumption and costs through our know-how within energy technology and operation of heating and cooling systems, including industrial heat pumps through our products Thermonitor, HoegTemp, WaveClean, Feedwater systems and Niprox water treatment.
• Glint Solar — Enabling developers to identify and analyze the best solar sites
• Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.

Portfolio highlights

• Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
• Askel.ai — Askel.ai elevates SaaS with embedded AI automation.
• Sky Spy — Sky Spy provides advanced RF intelligence solutions for defense, security and mission-critical operations.

Portfolio highlights

• W•SENSE — W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions.
• Fortifai — Increase efficiency and oversight on Environmental, Social, & Governance (ESG) topics - reduce implementation costs by up to 80%, and get set up in 30-60 days.
• Shapemaker — Your new software for civil engineering design and analysis, starting off with telecommunication infrastructure.

Portfolio highlights

• Tunable — Tunable delivers real-time multigas analysers combining micro and nanotechnology with infrared spectroscopy to ensure fast, reliable and accurate measurements. Our commitment to miniaturisation is our contribution for a more sustainable world.
• Energo — To reduce global warming, Energo has developed an innovative technology to convert gases into molecules of interested at high added value

Portfolio highlights

• The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.

Portfolio highlights

• Aqualung Carbon Capture — Enabling clean carbon capture for the wider market

Portfolio highlights

• InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
• Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
• Heimdall Power — Heimdall Power offers a rapid transition to fully digitized electric grid assets. Our technology increases on average the capacity of the grid by 40%.

Portfolio highlights

• Erg Bio — Erg Bio is a biomanufacturing company enabling affordable, local production of sustainable fuels and chemicals from non-food biomass.
• SiTration — Discover innovative mineral recovery solutions with SiTration, enhancing resource efficiency, reducing waste, and strengthening critical mineral supply chains.
• Aikido Technologies — The wind blows everywhere. We get turbines there.

Portfolio highlights

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!

Portfolio highlights

• Nofence — Nofence is a system virtual fencing for grazing animals. Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian ag-tech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock managementsince pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. From the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.
• Photoncycle — Photoncycle aims to change the way electricity is generated, stored, consumed and paid for. Our mission is to deploy space-effective, autonomous energy systems powered by the sun, enabled by innovative technology, affordable for many.
• Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.

Portfolio highlights

• Wakeo — Wakeo provides real time tracking on door-to-door multimodal transport flows including sea, air, rail and road freight. Discover the real-time visibility platform to manage disruptions, drive performance and collaboration and transform your business.
• Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
• Aira — Aira operates as a clean energy-tech company.

Portfolio highlights

• KEWAZO — The Startup KEWAZO offers LIFTBOT, a robotic material hoist which transports scaffolding parts on construction and industrial sites.
• Erg Bio — Erg Bio is a biomanufacturing company enabling affordable, local production of sustainable fuels and chemicals from non-food biomass.
• Radiant — Clean. Portable. Safe. Energy

Portfolio highlights

• Signicat — Signicat is a digital identity service provider (DISP) and one of the leading providers of e-ID and e-signature solutions in Europe. The company delivers online trust based services to the public and private sector globally.The solutions fulfill operational capabilities in line with international standards and requirements, such as Privacy,Anti-Money Laundering (AML) and Anti-Terrorist legislation and regulations, as well as Know Your Customer (KYC) requirements for onboarding of new users.Signicat offers some of the most advanced solutions for electronic identity and electronic signatures. The goal is to enable customers to do business more effectively by delivering great user experiences for the end users and at the same time reduce the risk by using advanced security technology.The Signicat solutions are used by banks and financial institutions, insurance companies, government agencies and large corporations as well as small and medium sized businesses. Customers trust Signicat with the responsibility of authenticating users, providing electronic signing, identity proofing and document preservation.Banking grade SLAs are offered, matching customers need for scalability and reliability.Signicat was founded in 2006 as Kantega Secure Identity, a spin-off from Kantega (www.kantega.no). It is owned by Secure Identity Holding (SIH), Viking Venture and the employees.Signicat has offices in UK (London), Germany (Frankfurt), Netherlands (Amsterdam), Portugal (Lisbon), Denmark (Copenhagen), Sweden (Stockholm), Finland (Helsinki) and Norway (Trondheim and Oslo).
• EcoOnline — EcoOnline's easy-to-use software system is helping companies to transform their approach to health & safety, chemical safety, and learning data reporting.
• Asolvi — Industry leading Field Service Management Software. Search and find best solution. Meets high industry standards. Contact us for info and free demo.

Portfolio highlights

• Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
• Tana — Tana is a software development company that reinvents how humans, teams, and computers work together. Tana was founded in 2020 and was headquartered in Oslo, Norway.
• 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.

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.

Portfolio highlights

• DREM — Simplifying distributed energy saving solutions
• Evyon — Eyvon is an electrical company that provides EV battery solutions to accelerate into a fully renewable future for everyone. The company's proprietary hardware and Battery Cloud ecosystem enable the conversion of EV batteries into high-quality, affordable, and plug-and-play battery energy storage systems.Eyvon's mission is to convertbattery waste into high-quality battery systems by repurposing discarded EV batteries. By leveraging a standardized and data-driven value chain, their ambition is to provide solutions at less than half the price of new ones.It was founded in 2020 and is based in Oslo, Norway.
• Cubit — No more old-school and time consuming applications made in the 90s. Welcome to the new generation of professional software, as user-friendly and smooth as your smartphone.

Portfolio highlights

• Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
• 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.
• Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.

Portfolio highlights

• Aqualung Carbon Capture — Enabling clean carbon capture for the wider market

Portfolio highlights

• Evyon — Eyvon is an electrical company that provides EV battery solutions to accelerate into a fully renewable future for everyone. The company's proprietary hardware and Battery Cloud ecosystem enable the conversion of EV batteries into high-quality, affordable, and plug-and-play battery energy storage systems.Eyvon's mission is to convertbattery waste into high-quality battery systems by repurposing discarded EV batteries. By leveraging a standardized and data-driven value chain, their ambition is to provide solutions at less than half the price of new ones.It was founded in 2020 and is based in Oslo, Norway.
• Jedlix — Find all the information on how we do smart charging at Jedlix

Portfolio highlights

• EvoluteIQ — Transform your business with EvoluteIQ's Agentic automation platform. EIQ is a scalable, secure, initiative, adaptive platform.
• DIME — DIME provides digitalization and automation services to simplify the work of municipalities.
• Confidus Venture Capital — Confidus Venture Capital is a Venture Fund designed to outperform. We invest in future winners in digital transformation and automation.Setting the record straight – the quality of an idea and the human capital behind it is far more important than factors such as investment stage, size or profits. We know it from experience working closely withambitious and bold entrepreneurs. Entrepreneurs with the power to change the world! Together we have built disruptive global tech companies challenging industry norms. Delivering outstanding results. Our incentive is only upon success: Our belief in sustainable value creation is so strong we have eliminated management fees!

Portfolio highlights

• The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.

Portfolio highlights

• Akkurate — Sandvik Battery Electric Loaders and Trucks TH550B LH518B Mobile Charging Station Battery as a Service
• Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
• The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.

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.
• Duodian Keji — Duodian Keji is a performance advertising marketing platform.

Portfolio highlights

• Flirtu — Flirtu is an app for dating on Telegram that helps users find their perfect match.
• Yieldstreet — Willow Wealth is an alternative investment platform focused on generating income streams for investors. Get exclusive access to private market investments.
• FIS.solutions — Loan Management System | Loan Servicing Software | Lending Software. Instalment loans, mortgages, car leasing & rentals, credit line, business loans, factoring

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.

Portfolio highlights

• Conexwest — Conexwest is a leading supplier of standard and modified storage containers.
• Safety Network — Since 1999, Safety Network, Inc. has provided superior traffic control, workzone management, traffic signs, and traffic control devices. Contact us today!
• Flavor Insights — As one of the fastest growing flavor companies on the West coast, we are here to bring a little sweetness to your product.

Portfolio highlights

• Hynion — Hynion is among the world's most experienced operators of hydrogen refueling stations. We have over fifteen years of experience and expertise in the development and operation of hydrogen refueling stations. Our business idea is to make hydrogen gas available by supplying hydrogen refueling stations with safe and proven designs.

Portfolio highlights

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!

Portfolio highlights

• Verqor — Verqor is a platform that disrupts the agricultural sector with finances and technology. We give farmers access to cashless credits that can be used for purchasing supplies and technology, everything through our platform. Verqor uses an alternative data-driven credit scoring criteria, for reaching financial inclusion and technifying the fields.
• Verdagy — Verdagy advanced electrolyzers single-cell architecture pairs in real-time with renewables for the large-scale production of green hydrogen.
• AZANE Fuel Solutions — AZANE Fuel Solutions develop and deliver bunkering solutions for ammonia fuel, enabling carbon free shipping.

Portfolio highlights

• Xylo Bio — Psylo is an Australia-based psychedelic biotech business focusing on Psychedelic-inspired medicine to treat mental illness.
• Piramidal — Piramidal offers artificial intelligence software that transforms brain activity into easy-to-understand health data to help diagnose neurological diseases.
• Clerkenwell Health — Clerkenwell Health addresses the growing unmet demand for effective mental health treatments.

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.

Portfolio highlights

• Aqualung Carbon Capture — Enabling clean carbon capture for the wider market

Portfolio highlights

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
• Glaukos — Glaukos Corporation is an ophthalmic medical technology company focused on the development and commercialization of breakthrough products and procedures designed to transform the treatment of glaucoma, one of the world’s leading causes of blindness. They have pioneered Micro-Invasive Glaucoma Surgery, or MIGS, in order to revolutionize thetraditional glaucoma treatment and management paradigm.They launched the iStent®, their first MIGS device, in the United States in 2012. They are leveraging their platform technology to build a comprehensive and proprietary portfolio of injectable micro-scale therapies designed to address the complete range of glaucoma disease states and progression. They believe the iStent® is the smallest medical device ever approved by the Food and Drug Administration, or FDA, measuring 1.0 mm long and 0.33 mm wide.In June 2015, they completed an initial public offering and their shares are now traded on the New York Stock Exchange under the ticker symbol “GKOS”. The company was founded in 1998 and is based in San Clemente, California.

Portfolio highlights

• Sportlyzer — Sportlyzer is a player development and team management software for youth and amateur sports clubs. The platform connects coaches, managers, players and parents.
• Gearbox Biosciences — A biotechnology company that licenses novel antibiotic-free recombinant protein production technology in E. coli.
• Nordic Automation Systems — Full vertical LPWAN solution provider with flexible in-house R&D and production to enable fast roll out to the market.

Portfolio highlights

• 44.01 — We offer a permanent CO2 storage solution using the natural power of mineralisation
• Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
• Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.

Portfolio highlights

• OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!

Portfolio highlights

• TGN Energy — Shaping the energy distribution of the future. What We Do We are the natural partner for industrial buildings and developers seeking energy optimized projects. The global production of electricity is becoming more and more sustainable. At TGN we offer innovative and agile energy management systems for commercial real estate, letting

Portfolio highlights

• Mobai — Provider of attack detection, image manipulation detection and authentication. Strong and successful research team on biometrics.
• Dagens — Together with farmers and chefs, we co-create a transparent and resilient food system for the future. The farmers get a bigger part of the profit. Buyers get easy access to unique, biodiverse produce at competitive prices.
• Atlas Metrics — The single source of truth for your ESG data