# Top 50 Manufacturing Startup Investors in Norway in June 2026

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 6
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

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

## Investinor
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 5
- Stages: Series A, Seed
- Focus: Software, Biotechnology, Manufacturing

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.

## SINTEF Venture AS
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Manufacturing, Energy

We commercialize technology created by SINTEF's research environments

## RunwayFBU
- Type: VC Fund
- Location: Fornebu, Akershus, Norway
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: SaaS, Software, Information Technology

RunwayFBU connects founders, industry, and capital to turn hard industrial problems into scalable companies.

## ProVenture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Oil and Gas, Manufacturing

ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).

## Trond Riiber Knudsen
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, E-Commerce

Trond Riiber Knudsen is a Founder of TRK GROUP.

## Superangel
- Type: VC Fund
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Software, Information Technology

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

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.

## Valinor AS
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Robotics, Software, Renewable Energy

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.

## Momentum
- Type: VC Fund
- Location: Bergen, Hordaland, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Renewable Energy, Energy, Manufacturing

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

## Dawn Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Series B, Series C
- Focus: Software, SaaS, Information Technology

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

## Voima Ventures
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Biotechnology, Health Care, Artificial Intelligence

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

## TRUMPF Venture
- Type: VC Fund
- Location: Ditzingen, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Manufacturing, Software, Information Technology

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture investsglobally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

## Bakken & Baeck
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Chemical, Software, Life Science

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.

## CoFounder
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Industrial, Manufacturing, SaaS

CoFounder is a management and investment company for technology companies with great growth potential.
They are experienced entrepreneurs and business developers who provide management resources and early-stage capital. They work with spin-offs from both research and industrial environments, as well as standalone entrepreneurial companies.

## Norselab
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, SaaS, Agriculture

Norselab is a leading European impact investment house. We are dedicated to proving that impact is the future of investing across asset classes.

## MP Pensjon
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

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

## MKS PAMP
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Mining, Recycling

MKS PAMP specializes in all aspects of the precious metals industry. It offers a full range of precious metals products for every segment of the market, with particular emphasis on investment, jewelry, and industrial applications. They provide global clients with the comprehensive service solutions available, from mining financing and refining tofabrication, physical and financial trading, as well as transport and storage options.

## Kari Ollila
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Robotics, Software, Industrial Automation

Kari Ollila

## Expansion Capital
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed, Debt Financing
- Focus: Manufacturing, Food and Beverage, Logistics

Expansion Capital AIFP plans to participate in Latvian state-owned development finance institution ALTUM organized next generation fund manager tender, in order to continue to invest and finance mainly perspective Latvian ideas, projects, and companies.

## Marius Maske
- Type: Angel
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 1
- Focus: Manufacturing, Transportation, Packaging Services

Marius Maske is a Chairman/CEO, Maske Gruppen AS

## BIzCap
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Debt Financing, Corporate Round, Seed
- Focus: Manufacturing, Organic Food, Food and Beverage

BizCap, Business Capital (BIZCAP®), is a time-tested commercial finance and advisory firm that structures and delivers customized non-dilutive credit solutions to midsize companies in special situations. BizCap implements resourceful working capital, restructuring, and growth capital solutions for companies in need of immediate liquidity,especially when conventional capital sources are elusive or not an option.

## Almi Företagspartner AB
- Type: VC Fund
- Location: Malmö, Skane Lan, Sweden
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Fuel, Industrial, Oil and Gas

Almi Företagspartner Skåne is owned by the Swedish state and is the parent company of a group consisting of Almi Invest AB.

## Gunnar Evensen
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Manufacturing, Industrial Automation, Machinery Manufacturing

Gunnar Evensen

## Yara Growth Ventures
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Series B, Series A, Seed
- Focus: AgTech, Agriculture, Financial Services

Yara Growth Ventures is the venture investment team within Yara International ASA. The Yara Growth Ventures team invests in disruptive startups in the agri-food industry globally in order to advance the mission of responsibly feeding the world and protecting the planet. Learn more at www.yaragrowthventures.com

## Lionheart Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Health Care, Biotechnology, Wellness

Lionheart Ventures is a global, seed-stage venture capital firm focused on mitigating civilizational risk. We do this by supporting the wise development of transformative technologies.
Our main areas of investment focus are transformative artificial intelligence and frontier mental health technologies.Leading academics estimate a 1-in-6 chance ofhuman extinction by the year 2100, largely driven by risks from emerging technologies. And now, with the exponential growth of AI, predictions are getting worse. Our startups are part of the solution. We invest in exceptional, ethical founders who are developing transformative technologies that have the potential to impact humanity on a meaningful scale, while generating attractive returns for our LPs.

## The Index Project
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Chemical, Artificial Intelligence, SaaS

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?

## Olav Slupphaug
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Manufacturing, Industrial Automation, Machinery Manufacturing

Olav Slupphaug

## AVG Group
- Type: VC Fund
- Location: Lenzingerberg, Bayern, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Electronics, Manufacturing, Semiconductor

Welcome to Greenlight Group - where renewable energy meets green investing solutions. Renewable Energy Solutions, green investing, wind energy,solar energy

## TD Veen
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Internet, Video Streaming

TD Veen is concerned with sustainable social development. Their contribution is to invest in companies and solutions that are good for both owners and society at large. The foundation of TD Veen is job satisfaction, creativity and a strong determination to invest in the very best people.At one stage they saw sense in targeting the investmentprofile, which also gave us a new perspective on the demand for returns and the role of investors. As a financial owner, they want to establish a healthy attitude toward results and returns. In companies where value is created over time.A differentiated portfolio is important to us. That is why they work with investments in new industries, such as e.g. health, or in parts of the world where they have not been before. Despite their Stavanger address, they want to invest outside of the petroleum sector.TD Veen has for many years supported the work of SOS Children’s Villages, including the project The Long Run, where they renovated old children’s villages in Romania and Lebanon. They have also contributed to starting up a separate pioneer project for foster families in Murmansk. Going ahead, they will to a greater degree also contribute to society at home, by building up a community of social entrepreneurs in Eiganesveien 95.

## Ivo Remmelg
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Mobile, Sports, FinTech

Ivo Remmelg is a Venture Partner at Superhero Capital and the Founding Partner of NestCap.
Ivo Remmelgs, President of the Estonian Business Angel Network.

## Azolla Ventures
- Type: VC Fund
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Biotechnology, Fuel, Industrial

Azolla Ventures invests in breakthroughs that could avert catastrophic climate change. We partner with visionary founders for solutions.

## Chevron Technology Ventures
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Energy, Software, Manufacturing

Chevron Technology Ventures champions innovation, commercialization and integration of emerging technologies within Chevron.

## Viking Venture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Software, Oil and Gas, Energy

Viking Growth is the leading investor in Nordic business-to-business software companies. We help you grow your business internationally, provide growth capital and support you every step of your journey.

## Wiski Capital
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Energy, Renewable Energy

Venture capital firm focused on tech startups.

## Skagerak Energi
- Type: VC Fund
- Location: Porsgrunn, Telemark, Norway
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Battery, Electronics

Skagerak Energi is a future-oriented supplier of clean energy for welfare, growth and development.

## Erlend Reitan
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Seed, Series A, Secondary Market
- Focus: Information Technology, Software, Finance

Seasoned venture capital investor helping founders and their teams hands-on to accelerate the entrepreneurial journey. Actively looking for investments with unicorn potential.M&A specialist with experience from complex cross-border transactions. Experience from more than 20 M&A transactions including more than 10 cross-border deals, exitswith mainly publicly listed and Private Equity counterparts.

## Green Campus Innovations Oy
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Manufacturing, Electric Vehicle, Energy

Provide an effective, outsourced incubation and acceleration platform .

## Helge Rasmussen
- Type: Angel
- Relevant deals: 1
- Stages: Angel, Post-IPO Equity
- Focus: Software, Marketing, Advertising

Helge Rasmussen is a managing director at HighComp.

## Golar LNG Partners
- Type: VC Fund
- Location: Hamilton, Hamilton, Bermuda
- Relevant deals: 1
- Focus: Energy, Industrial, Renewable Energy

Golar LNG Partners owns floating storage and regasification units and liquefied natural gas carriers. Golar LNG Partners are a growth-oriented limited partnership formed by Golar LNG Limited (NasdaqGS: GLNG; OSE: GOL) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which they defineas charters of five years or more. They intend to leverage the relationships, expertise, and reputation of Golar, a leading independent owner, and operator of FSRUs and LNG carriers, to pursue growth opportunities in these areas. While they intend to operate their assets under long-term charters with stable cash flows, Golar intends to focus primarily on FSRU and LNG project development, LNG trading and LNG transportation, storage, and regasification activities with contract terms and associated cash flows that are more short-term and/or variable in nature.

## Olav Bergheim
- Type: Angel
- Location: Laguna Hills, California, United States
- Relevant deals: 1
- Stages: Seed, Series D, Series E
- Focus: Medical, Wellness, Health Care

Olav Bergheim has over 30 years of experience in creating and managing life science companies. He is a founder of Sonendo, Inc., in addition to several other successful life science companies including Volcano Corporation, 3F Therapeutics (acquired by Medtronic), Glaukos Corporation, Lonestar Heart Inc., Prelude Corporation and Metronom Health,Inc. Mr. Bergheim is also the founder of Fjord Ventures LLC, a life science accelerator located in Laguna Hills, California, where Sonendo was created. Mr. Bergheim was the chairman of Vessix Vascular, Inc. (acquired by Boston Scientific). Prior to starting Fjord Ventures, he spent 10 years at Domain Associates as a company creator and general partner. Prior to Domain, Mr. Bergheim spent 18 years with Baxter Healthcare at US and international locations, where he held various leadership and operating roles. Mr. Bergheim was a Corporate VP of Baxter as well as President of Baxter Germany, President of Baxter’s Cardiovascular Group (now Edwards Life Sciences) and General Manager of the Nordic area.

## Nysnø
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Renewable Energy, Robotics, Software

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.

## Grieg Kapital
- Type: VC Fund
- Location: Bergen, Hordaland, Norway
- Relevant deals: 1
- Stages: Venture - Series Unknown, Seed
- Focus: Software, SaaS, Robotics

Grieg Kapital is an investment company creating sustainable businesses. Do you have an investment opportunity for us that fits our strategy?

## Gunnar Lovelace
- Type: Angel
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Wellness, News

Gunnar Lovelace is the Founder and co-CEO of Good Money. He attended the University of California, Santa Cruz.

## Energy Technology Ventures
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series C, Series A
- Focus: Energy, Oil and Gas, Hardware

Founded in January 2011, Energy Technology Ventures is a joint venture involving General Electric, NRG Energy, and ConocoPhillips. The fund is focused on the development of next-generation energy technologies. The JV invests in, and offers commercial collaboration opportunities to, venture- and growth-stage energy technology companies in therenewable power generation, smart grid, energy efficiency, oil, natural gas, coal and nuclear energy, emission controls, water and biofuels sectors, primarily in North America, Europe and Israel. With their wide range of deep technical and financial expertise, relationships, services and products, the three companies behind Energy Technology Ventures intend to help start-ups develop next-generation energy technology.The joint venture brings together three market-leading companies with complementary capabilities and significant strategic interests in the development of next-generation energy technology. This is the first corporate venture investment program by both NRG Energy, owner and operator of one of the country's largest and most diverse power generation portfolios, and ConocoPhillips, the third-largest US integrated energy company. GE Capital, through its business units GE Energy Financial Services and GE Capital, Equity, is already among the world's most active energy technology venture and growth capital investors.

## Shell Ventures
- Type: VC Fund
- Location: Rijswijk, Zuid-Holland, The Netherlands
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Energy, Renewable Energy, Software

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

## BioInnovation Institute
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Convertible Note, Pre-Seed, Debt Financing
- Focus: Biotechnology, Medical, Health Care

BioInnovation Institute is a biotechnology startup that offers entrepreneurs and researchers in life science. Early-stage life science start-ups are supported with up to 10 million DKK in funding, business acceleration, network, labs, and office space. It helps to early-stage start-ups within human health and planetary health. The startup'smission is to use its knowledge, network, funding, and infrastructure to incubate world-class life science and catalyze the commercialization of new solutions through start-ups.BioInnovation Institute was founded in 2018 and is based in Denmark.

## The Nordic Web Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

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

## ConocoPhillips Technology Ventures
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 1
- Focus: Oil and Gas, Manufacturing, Automotive

Implementing emerging technologies in our operating assets and exploration efforts has enabled us to realize improvements in various activities. 

## Harbert Management Corporation
- Type: VC Fund
- Location: Birmingham, Alabama, United States
- Relevant deals: 1
- Stages: Series A, Private Equity, Series C
- Focus: Medical, Software, Advertising

HMC aspires to be a trusted, integrated alternative asset manager that consistently delivers alpha across the risk spectrum and attracts, develops and retains high-quality talent.
