# RunwayFBU

> RunwayFBU is a VC fund in Fornebu backing SaaS and Software. See 28 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Fornebu, Norway
- Total investments: 28
- Last investment: May 2026
- Lead investor: 25%
- Fund size: $33M
- Last fund: Oct 2021
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/runwayfbu
- X (Twitter): https://twitter.com/RunwayFbu
- Website: https://runwayfbu.com/
- Facebook: https://www.facebook.com/RunwayFBU/

RunwayFBU is a VC fund in Fornebu focused on SaaS and Software. An early stage VC fund that invests in software-driven technology companies built by ambitious entrepreneurs.

## Contacts

5 contacts available for RunwayFBU. Shizune tracks 8 team members at RunwayFBU. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/runwayfbu?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $970k–$6.2M |
| Pre-Seed | $538k–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 5 | 18% |
| Software | 5 | 18% |
| Information Technology | 4 | 14% |
| Automotive | 2 | 7% |
| Infrastructure | 2 | 7% |

36 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 9 | 32% |
| Seed | 7 | 25% |
| Funding Round | 4 | 14% |
| Angel | 1 | 4% |
| Series A | 1 | 4% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 16 | 57% |
| Italy | 1 | 4% |
| Sweden | 1 | 4% |
| Germany | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Peder Hjermann | Investment Manager | 3 | https://shizune.co/investors/profile/peder-hjermann |
| Sagar Chandna | Sr. Partner and CTO | 8 | https://shizune.co/investors/profile/sagar-chandna-5423 |
| Tor Bækkelund | Founder and Managing Partner | 1 | https://shizune.co/investors/profile/tor-bkkelund |
| Anders W. Botten | Financial Manager | 0 | https://shizune.co/investors/profile/anders-w-botten-ea20 |
| Hanna Selvaag | Investment Manager | 1 | https://shizune.co/investors/profile/hanna-selvaag |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Muybridge | Muybridge is a imaging platform that develops software and sensors for cameras. | $16M | Series A | May 21, 2026 |  |
| OTee | OTee specializes in the development of industrial automation software, offering a comprehensive solution for the setup, testing, and safe operation of operational facilities in real time. The company's platform is designed to provide automation engineers with a secure, scalable, and user-friendly environment. By utilizing OTee's software,businesses can streamline their operations, allowing them to concentrate on their core tasks while enhancing the performance of their facilities. | $6.2M | Seed | Apr 28, 2026 |  |
| AirHub | AirHub is a software company that provides tools, training, software, and support for drone operations management. | $5.1M | Series A | Apr 08, 2026 |  |
| W•SENSE | W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions. | $11.6M | Series B | Oct 22, 2025 |  |
| IPercept | At IPercept we provide AI-based, hardware-enabled software solutions and services that can best be described as the fitness tracker for complex industrial machines. At the push of a button, you can learn about a machines’ health, down to micrometer changes for each critical component. You can get insights into what maintenance activities you shouldapply and when. You can monitor how the machines are operated, how to optimize their utilization and much more. All of this is achieved through a plug-n-play installation - for old machines as well as new. All securely provided without requiring access to any machine controllers or IT-systems. These services reduce maintenance costs, downtime and increase productivity - a solid ROI for our customers. In 5 years, most complex industrial machinery sold in the world will be supported by our technology. | $5.7M | Seed | May 05, 2025 |  |
| W•SENSE | W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions. | $8.1M | Series B | Apr 15, 2025 |  |
| Muybridge | Muybridge is a imaging platform that develops software and sensors for cameras. | $8.8M | Venture - Series Unknown | Oct 11, 2024 |  |
| 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. | $1.6M | Venture - Series Unknown | Oct 07, 2024 |  |
| Phantasma Labs | Phantasma Labs is helping self-driving cars understand humans better by putting real humans in virtual worlds to train Artificial Intelligence. |  | Venture - Series Unknown | Oct 07, 2024 |  |
| Cardboard | Cardboard's strive is to make SaaS subscription management smarter and more efficient for enterprises. | $2.1M | Seed | Aug 27, 2024 |  |

10 of 28 investments shown.

## Co-investors
- [Startuplab](https://shizune.co/investors/profile/startup-lab) — VC Fund, 5 deals together
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund, 3 deals together
- [Axon Partners Group](https://shizune.co/investors/profile/axon-partners-group) — VC Fund, 3 deals together
- [CDP Venture Capital](https://shizune.co/investors/profile/cdp-venture-capital) — VC Fund, 3 deals together
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund, 3 deals together
- [Swen Capital Partners](https://shizune.co/investors/profile/swen-capital-partners) — VC Fund, 3 deals together

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## FAQ

### What does RunwayFBU invest in?

RunwayFBU invests primarily in SaaS, Software and Information Technology startups, most often at Pre-Seed and Seed stage. Most of the 28 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RunwayFBU's check size?

RunwayFBU typically joins rounds of $970k–$6.2M at Seed and $538k–$2M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds RunwayFBU participates in.

### How do I contact RunwayFBU?

Public channels for RunwayFBU include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at RunwayFBU?

The team at RunwayFBU includes Peder Hjermann (Investment Manager), Sagar Chandna (Sr. Partner and CTO) and Tor Bækkelund (Founder and Managing Partner), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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