Top 15 Retail VC Funds & Investors in Norway (September 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Idekapital
VC Fund
|
3 | Norway, United Kingdom | Series A, Venture - Series Unknown, Seed | Software, SaaS, Information Technology | $210k–$90M |
|
Dolphin Consultants
VC Fund
|
2 | Norway | Angel | Retail, Grocery, E-Commerce | $35k–$36k |
|
Vant AS
VC Fund
|
2 | Norway | Angel | Retail, Grocery, E-Commerce | $12k–$35k |
|
Pallados Consulting OU
VC Fund
|
2 | Norway | Angel | Retail, Grocery, E-Commerce | $28k–$35k |
|
Jens Tilma Holding ApS
VC Fund
|
1 | Norway | Angel | Retail, Grocery, E-Commerce | |
|
Swahn Consulting AS
VC Fund
|
1 | Norway | Angel | Retail, Grocery, E-Commerce | |
|
JC Sandalwood INVEST
VC Fund
|
1 | Norway | Angel | Retail, Grocery, E-Commerce | |
|
Antler
VC Fund
|
1 | Singapore, Australia, United Kingdom | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, Information Technology | $100k–$29M |
|
Northern Braes Holding AS
VC Fund
|
1 | Norway | Angel | Retail, Grocery, E-Commerce | |
|
Ferd
VC Fund
|
1 | Norway, Sweden, United States | Private Equity, Post-IPO Equity | Software, Energy, Information Technology | $1M–$40M |
|
Innovation Norway
VC Fund
|
1 | Norway, Romania, Sweden | Grant, Seed, Debt Financing | Software, Information Technology, Artificial Intelligence | $47k–$134M |
|
Folkeinvest
VC Fund
|
1 | Norway, Sweden | Equity Crowdfunding, Seed, Pre-Seed | Manufacturing, Food and Beverage, Information Technology | $101k–$2.7M |
|
Unbounded Capital
VC Fund
|
1 | United States, China, Japan | Series A, Seed, Pre-Seed | Software, FinTech, Financial Services | $10k–$14M |
|
Persimmon Hill
VC Fund
|
1 | Norway, United States | Seed | iOS, Gaming, Retail | |
|
Be2be AS
VC Fund
|
1 | Norway | Angel | Retail, Grocery, E-Commerce | |
| Access all 25 VC funds in Norway Retail startups. | |||||
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We manage two investment funds with more than 1 bn NOK under management. We invest in high-growth software and technology companies.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Series A, Venture - Series Unknown, Seed
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 35
- Round size: Seed $210k–$4.4M; Series A $3.4M–$16M; Venture - Series Unknown $4M–$90M
- Lead/follow: 40% lead, 60% follow
- Last fund: May invest from a new fund soon — last raise in 2020
Portfolio highlights
- 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.
- Muybridge — Reimagining cameras with weightless software-based viewpoint
Dolphin Consultants offers services such as marine, offshore, defence, and ship repair.
Show more...Investment focus
- Industry: Retail, Grocery, E-Commerce
- Stage:Angel
- Geography: Norway
Investor stats
- Total investments: 2
- Round size: Angel $35k–$36k
- 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.
Vant AS is a holding investment firm.
Show more...Investment focus
- Industry: Retail, Grocery, E-Commerce
- Stage:Angel
- Geography: Norway
Investor stats
- Total investments: 2
- Round size: Angel $12k–$35k
- Lead/follow: 100% lead, 0% 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.
Holding
Show more...Investment focus
- Industry: Retail, Grocery, E-Commerce
- Stage:Angel
- Geography: Norway
Investor stats
- Total investments: 2
- Round size: Angel $28k–$35k
- 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.
Holding
Show more...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.
Consulting
Show more...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.
JC Sandalwood INVEST is an investment firm that specializes on impact investments. JC Sandalwood INVEST provides online presentations at random intervals for sales partners, customers, and interested parties.
Show more...Investment focus
- Industry: Retail, Grocery, E-Commerce
- Stage:Angel
- Geography: Norway
Investor stats
- Total investments: 1
- Lead/follow: 100% lead, 0% 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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Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Pre-Seed, Seed, Series A
- Geography: Singapore, Australia, United Kingdom
Investor stats
- Total investments: 2372
- Round size: Seed $158k–$4.5M; Pre-Seed $100k–$587k; Series A $4.1M–$29M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely actively investing — fresh fund, raised $7.5M in 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.
- Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
- RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
Holding
Show more...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.
Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.
Show more...Investment focus
- Industry: Software, Energy, Information Technology
- Stage:Private Equity, Post-IPO Equity
- Geography: Norway, Sweden, United States
Investor stats
- Total investments: 60
- Round size: Private Equity $13M–$14M; Post-IPO Equity $1M–$40M
- Lead/follow: 30% lead, 70% follow
- Last fund: May invest from a new fund soon — last raise in 2005
Portfolio highlights
- wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
- Nofence — Manage your livestock from anywhere with GPS collars and a simple app. Unlock more acres, cut fencing costs, and run your operation on your terms.
- Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Innovasjon Norge - vi gir lokale ideer globale muligheter
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Grant, Seed, Debt Financing
- Geography: Norway, Romania, Sweden
Investor stats
- Total investments: 84
- Round size: Seed $118k–$3.6M; Grant $47k–$2M; Debt Financing $239k–$134M
- Lead/follow: 48% lead, 52% follow
Portfolio highlights
- 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.
- Birdsview — We offer non-destructive AI-powered concrete assessment. Get precise structural insights with our 3D point cloud, optimize maintenance, and save costs.
- Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
Folkeinvest AS er et digitalt verdipapirforetak som tilrettelegger for investering i oppstartsselskap.
Show more...Investment focus
- Industry: Manufacturing, Food and Beverage, Information Technology
- Stage:Equity Crowdfunding, Seed, Pre-Seed
- Geography: Norway, Sweden
Investor stats
- Total investments: 15
- Round size: Seed $410k–$720k; Equity Crowdfunding $101k–$2.7M
- Lead/follow: 13% lead, 87% follow
Portfolio highlights
- Auk — Auk creates a fully-automatic system that makes it easier to grow vegetables, salads and herbs at your own kitchen
- AutoAgri — AutoAgri is devoted to the development and manufacturing of autonomous implement carriers. These vehicles are designed with agricultural use in mind, but only imagination limits possible applications.
- Stack by.me — Stack by.me provides short video courses, and customers become part of a large community where they can follow friends, family, and an extended network. They also provide mutual funds and ETFs.
Unbounded Capital is a blockchain investment firm built by technical founders that understand the entrepreneurial journey; former poker pros that know how to analyze risk; and investors that understand that early-stage investing is not a passive activity.
Show more...Investment focus
- Industry: Software, FinTech, Financial Services
- Stage:Series A, Seed, Pre-Seed
- Geography: United States, China, Japan
Investor stats
- Total investments: 19
- Round size: Seed $10k–$1.1M; Pre-Seed $336k–$1.1M; Series A $10k–$14M
- Lead/follow: 11% lead, 89% follow
- Last fund: Likely still investing — raised $2.7M in 2023
Portfolio highlights
- RF Labs — Track analytics, automate live streams, improve business operations. RF Poker is reinventing the way live poker is played and experienced.
- Reactiv — Reactiv is an AI-powered mobile app platform to help you sell more and increase retention, without the headache of managing another channel
- Cork Protocol — Cork's new DeFi primitive, Depeg Swaps allows investors to hedge and trade the risk of their pegged asset (LST/LRTs, Stablecoins, RWAs).
Persimmon Hill
Show more...Investment focus
- Industry: iOS, Gaming, Retail
- Stage:Seed
- Geography: Norway, United States
Investor stats
- Total investments: 2
- Lead/follow: 50% lead, 50% follow
Portfolio highlights
- UNISOT™ — UNISOT™ is a Norwegian B2B Supply Chain Sustainability PaaS, enabling global supply chain actors to be more sustainable as well as enabling them to prove it to their customers and consumers. With our 360° Supply Chain connectivity we also enable our customers to produce verifiable ESG/Sustainability reporting as well as verifiable End-to-EndScope 3 (GHG) reporting.Our main focus is to provide solutions to all actors of global supply chains to be more sustainable by being more efficient as well as provide tools that enable them to Prove their product Quality, Provenance and Sustainability; all functions that are becoming mandatory with the new regulations like UN/EU Supply Chain Traceability laws, EU Taxonomy for Sustainability and EPA Scope 1,2,3 https://unisot.com/esg.
- FYX Gaming — Web3 development platform & scaling solutions on the blockchain, proud creator of CryptoFights.
Human resources
Show more...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.
Retail VC funding in Norway at a glance
Stats across 27 deals from 25 investors.
Access all 25 VC funds in Norway Retail startups.
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