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Top 5 Retail Angel Investors in Norway (August 2026)

The most active angel investors investing in Norway Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Retail startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Calvin Ayre
Angel
1 United States, United Kingdom, Canada Seed, Venture - Series Unknown Blockchain, Information Technology, Bitcoin $363k–$4.4M
Adam Scheuring
Angel
1 Seed
Christine Baker
Angel
1 Norway Angel Retail, Grocery, E-Commerce
Murshid M. Ali
Angel
1 Norway, Sweden, Denmark Pre-Seed, Seed, Series A Financial Services, SaaS, Solar $300k–$1.5M
Miguel Angel Serrano Mateos
Angel
1 Norway Angel Retail, Grocery, E-Commerce
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Calvin Ayre
Angel · 1 investments in Norway Retail startups

Calvin Ayre (born May 25, 1961, in Lloydminster, Saskatchewan, Canada) is the founder of the Bodog online gaming and entertainment brand, which he developed and launched in 1994.Ayre received a Bachelor of Sciences (BSc) in General Sciences from the University of Waterloo in 1984. In 1989, Ayre earned an MBA in Management Finance from CityUniversity of Seattle.

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Investment focus

  • Industry: Blockchain, Information Technology, Bitcoin
  • Stage:Seed, Venture - Series Unknown
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 30
  • Round size: Seed $363k–$4.4M; Venture - Series Unknown $1.5M–$3M
  • Lead/follow: 80% lead, 20% follow

Portfolio highlights

  • TonicPow — Earn Bitcoin SV by promoting campaigns or grow your business with pay-per-action marketing.
  • FYX Gaming — Web3 development platform & scaling solutions on the blockchain, proud creator of CryptoFights.
  • Transmira — Augmented and Virtual Reality Solutions
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Adam Scheuring
Angel · Oslo, Oslo, Norway · 1 investments in Norway Retail startups

Adam Scheuring

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Investment focus

  • Stage:Seed

Investor stats

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

Portfolio highlights

  • Slowly.no — Slowly.no is an online retailer app that sells coffee, dry goods, bakery, and household products for monthly delivery and return services.
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Christine Baker
Angel · 1 investments in Norway Retail startups

Investment focus

  • Industry: Retail, Grocery, E-Commerce
  • Stage:Angel
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • ACT Cooperative Corporation AS — ACT is a mobile marketplace of marketplaces and a user-driver data-gathering tool. Consumers use user-collected data to make free and informed decisions when buying sustainable products — e.g. it helps them choose tomato A over tomato B because it was produced in a way that emitted less CO2.We believe that the biggest challenge we face today isfinding ways to collaborate at a massive scale. ACT provides a hands-on collaborative platform for gathering data and shifting large amounts of money to sustainable products without having to wait for old-fashioned systems to fall in place, e.g. wait for retailers or producers to integrate.
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Murshid M. Ali
Angel · London, England, United Kingdom · 1 investments in Norway Retail startups

Dr. Murshid M. Ali an award-winning technology entrepreneur and investor. He holds a Phd in Economics from the University of Stavanger, and a masters degree in International Business from Grenoble Ecole de Management. He is the former Founder CEO of Huddlestock (OSE:HUDL), and co-founder of climate technology companies Norsk Solar (OSE:NSOL), andventure-backed Skyfri Group.

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Investment focus

  • Industry: Financial Services, SaaS, Solar
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Norway, Sweden, Denmark

Investor stats

  • Total investments: 12
  • Round size: Seed $600k–$1.1M; Pre-Seed $300k–$1.5M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Monetor — Reducing corporate currency risk and protecting the bottom line
  • Factiverse — AI-powered fact-checking solutions tailored to media and finance that accelerate research, access credible sources, and protect organizational reputations.
  • Huddlestock — Huddlestock is an award-winning Fintech company listed on the Oslo Stock Exchange (OSE:HUDL), and regulated as a financial services firm by BaFIN through its fully-owned German subsidiary Huddlestock Systems GmbH. The company has offices in Copenhagen, Oslo, Stockholm, Munich, Stavanger and Kuala Lumpur. Huddlestock has more than thirty employees,and provides cutting edge technology and products to the financial industry, with large industrial clients like BNP Paribas, Baader Bank, AVL Group and more. In 2021 Huddlestock will launch a B2C platform in Malaysia in collaboration with MHX Group, under its own brand. The company is a spin-off from the University of Stavanger, one of the largest Universities in Norway.
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Miguel Angel Serrano Mateos
Angel · Madrid, Madrid, Spain · 1 investments in Norway Retail startups

Miguel Angel Serrano Mateos

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Investment focus

  • Industry: Retail, Grocery, E-Commerce
  • Stage:Angel
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • ACT Cooperative Corporation AS — ACT is a mobile marketplace of marketplaces and a user-driver data-gathering tool. Consumers use user-collected data to make free and informed decisions when buying sustainable products — e.g. it helps them choose tomato A over tomato B because it was produced in a way that emitted less CO2.We believe that the biggest challenge we face today isfinding ways to collaborate at a massive scale. ACT provides a hands-on collaborative platform for gathering data and shifting large amounts of money to sustainable products without having to wait for old-fashioned systems to fall in place, e.g. wait for retailers or producers to integrate.
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Retail Angel investor funding in Norway at a glance

Stats across 3 deals from 5 investors.

5
investors
in Norway Retail startups
3
deals
in Norway Retail startups
$600k
median round
in Norway Retail startups
0%
lead investors
lead at least one round
67%
Seed
most common funding stage

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