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Top 50 Software VC (Venture Capital) Funds in Norway in May 2026

A list of 50 VC (Venture Capital) funds that invest in Software startups based in Norway. We rank investors based on the number of investments they made in Software companies from Norway. We update this investor list every month.

Top 50 Software VC (Venture Capital) Funds in Norway in May 2026

Investor Software Norway investments
Skyfall Ventures 24
Investinor 21
Alliance VC 21
Antler 17
Idekapital 15
Arkwright X 14
SNÖ Ventures 13
Innovation Norway 12
ProVenture 12
Northzone 12
RunwayFBU 9
Creandum 7
MP Pensjon 7
Nysnø 7
Skagerak Maturo 7
Sondo Capital 6
DNB 6
Ferd 6
Speedinvest 4
Point Nine 4
Wiski Capital 4
OBOS Forsikring 4
Stratel 4
TeleVenture Management 4
Valinor AS 4
Statkraft Ventures 4
Link Venture Capital 4
The Nordic Web Ventures 3
Arali Ventures 3
Norselab 3
Voyagers 3
Construct Venture 3
Blue Bear Capital 3
Kistefos Venture Capital 3
TRK Group 3
DNB Ventures 3
Aidiom 3
fresh.fund 3
Founders Fund AS 3
KOMPAS VC 3
Nordic Makers 3
SINTEF Venture AS 3
Momentum 3
Viking Venture 3
Concentric 3
Acequia Capital (AceCap) 3
Digital Currency Group 3
Entrée Capital 2
Voima Ventures 2
Simula Innovation 2

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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway

We are an early stage venture capital firm based in Oslo, Norway.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Pre-Seed, Seed, Funding Round
  • Norway, Denmark, United States

Portfolio highlights

  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • 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.
  • Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
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Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 3 investments in the past 12 months

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.

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Investment focus

  • Software, Biotechnology, Manufacturing
  • Funding Round, Series A, Seed
  • Norway, United States, Sweden

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
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Alliance VC
VC Fund · Oslo, Oslo, Norway

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.

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Investment focus

  • Software, Information Technology, Analytics
  • Seed, Series A, Funding Round
  • Norway, United States, Sweden

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.
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Antler
VC Fund · Singapore, Central Region, Singapore

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

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Investment focus

  • Software, Artificial Intelligence, Information Technology
  • Pre-Seed, Seed, Series A
  • Singapore, Australia, United Kingdom

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!
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Idekapital
VC Fund · Oslo, Oslo, Norway

We manage two investment funds with more than 1 bn NOK under management. We invest in high-growth software and technology companies.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Series A, Funding Round
  • Norway, United Kingdom

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
  • Simplifai — Simplifai is a holistic Artificial Intelligence (AI) company with the vision to empower tomorrow's digital winners and to release the full potential of human employees through the smart application of artificial intelligence and automation technology. The company's disruptive, hyper-automation solutions allow customers to automate workprocesses where free-text, natural language emails, documents, or chat are the information carriers. Its Emailbot can automate the handling of up to 80% of the inquiries in an average customer service center.Simplifai was established in 2017 and is headquartered in Oslo, Norway.
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Arkwright X
VC Fund · Oslo, Oslo, Norway · 1 investment in the past 12 months

Leading Nordic venture capital firm investing in early-stage B2B startups

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Pre-Seed, Funding Round
  • Norway

Portfolio highlights

  • Qurrent — Qurrent provides intelligent software solutions that optimize, regulate, and automate the trading of decentralized renewable energy assets.
  • Economic Mind — Economic Mind provides a bottom-up digital twin of the global economy. Access insights for over 100.000 markets, 10 million companies, 250 countries and 1000+ industries using the Economic Mind Strategy Portal.
  • 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.
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SNÖ Ventures
VC Fund · Oslo, Oslo, Norway

SNÖ is an early stage venture capital firm that empowers Nordic technology entrepreneurs and startups. They founders are builders and entrepreneurs themselves, with unique digital expertise, and are extremely passionate about the various aspects that make a startup succeed.SNÖ is based in Oslo, Norway. It was founded by Magne Uppman and TeodorBjerrang in 2015.

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Investment focus

  • Software, SaaS, Video Games
  • Seed, Series A, Funding Round
  • Norway, Vietnam

Portfolio highlights

  • MusicInfra — Organizing connections between recordings, compositions, and rightsholder claims to reduce friction and enable monetization. AI-powered recognition and matching solutions for the music 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.
  • Nordic Air Defence — Nordic Air Defence builds cutting-edge solutions for modern aerial security. Made in Sweden.
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Innovation Norway
VC Fund · Oslo, Oslo, Norway

Innovasjon Norge - vi gir lokale ideer globale muligheter

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Investment focus

  • Software, Information Technology, SaaS
  • Grant, Seed, Funding Round
  • Norway, Romania, United States

Portfolio highlights

  • Avisomo — Avisomo is an AgriTech startup that develops vertical farming plant factory solutions. Avisomo's solutions use AI and robots to automate plant growth with a cost-cutting formula that makes vertical farming more profitable than ever. Avisomo offers everything required to start a plant factory, including know-how and guidance on how totransition from startup to stable production.
  • Aurora Analytica — AI-powered clinical intelligence for CROs. Country strategy, feasibility simulation, and trial intelligence in one platform. ESMO-published. EIC-selected. Norway.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway

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).

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Investment focus

  • Software, Oil and Gas, Manufacturing
  • Seed, Funding Round, Series A
  • Norway, United States, India

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.
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Northzone
VC Fund · London, England, United Kingdom

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

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Investment focus

  • Software, FinTech, E-Commerce
  • Series A, Series B, Seed
  • United States, Sweden, United Kingdom

Portfolio highlights

  • Duvo — Turn a simple conversation into end-to-end automation. In minutes. Duvo works across all your tools - even systems without APIs. No code. Enterprise-grade security. Works while you sleep.
  • IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
  • HappyOrNot — With HappyOrNot you learn when, where and why customers are happy or not. Take action and improve with real-time customer feedback insights.
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RunwayFBU
VC Fund · Fornebu, Akershus, Norway

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

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Investment focus

  • SaaS, Software, Infrastructure
  • Pre-Seed, Seed, Angel
  • Norway, Italy

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.
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Creandum
VC Fund · Stockholm, Stockholms Lan, Sweden

We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.

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Investment focus

  • Software, Information Technology, FinTech
  • Series A, Seed, Series B
  • Sweden, Germany, United States

Portfolio highlights

  • Vivino — Vivino empowers people everywhere to enjoy wine to the fullest. Vivino is the world's largest online wine marketplace and most downloaded wine app, powered by a community of millions. Vivino’s unique wine shopping experience uses community data to suggest personalized wine recommendations, make wine discovery, and purchase fun, accessible, andeffortless for wine drinkers of every level of expertise. The Vivino app is available for download on Android and Apple devices. The company was founded in 2010 and is headquartered in San Francisco, California.
  • terralayr — At terralayr, we're not just offering storage and batteries; we're pioneering a new era of energy flexibility. In a world where renewable energy is on the rise, the need for flexibility in energy storage has never been more crucial. That's where we come in.
  • Project Eaden — PROJECT EADEN combines pioneering technology and engineering expertise with an immense love for food and lust for life. For full indulgence. With zero guilt.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway

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

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Investment focus

  • Software, Information Technology, SaaS
  • Funding Round, Seed, Series A
  • Norway, Sweden

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.
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Nysnø
VC Fund · Stavanger, Rogaland, Norway

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.

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Investment focus

  • Renewable Energy, Robotics, Software
  • Funding Round, Series A, Series B
  • Norway, United Kingdom

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.
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Skagerak Maturo
VC Fund

As an early stage venture firm, we invest in companies with positive impact. Megatrends like climate change and resource scarcity are some of the challenges we are facing. We believe technological innovations will contribute to a positive impact on people and the planet.

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Investment focus

  • Software, SaaS, Information Technology
  • Seed, Series A, Funding Round
  • Norway

Portfolio highlights

  • Semine — The SEMINE.AI cognitive services offers shared service centers in enterprices and their developers to standardize the most labor-intensive financial object, using a semantic model for the classification of the invoice, and populate AI-models in order to enable automation. The automation includes cost distribution at both GL and dimension levels.Positioned as the market leader with AI in accounts payable the company is experiencing vast growth in the Nordics where most of the AP market leaders are born (Basware, Medius and Visma)
  • OptoScale — OptoScale sells real-time monitoring equipment for fish farms. OptoScale engages in precision aquaculture, helping fish farmers unlock unprecedented productivity and sustainability gains.
  • Ignite — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Sondo Capital
VC Fund · Oslo, Oslo, Norway

Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway

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Investment focus

  • Software, Analytics, Real Time
  • Seed, Pre-Seed, Series A
  • Norway, United States

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Installer — The only installation management platform yo'll ever need. Access a network of professional installer companies across categories.
  • Lightsonic — We transform how critical infrastructure is monitored to help preserve and optimise natural resources, reduce carbon emissions, and create a more sustainable and resilient environment.
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DNB
VC Fund · Oslo, Oslo, Norway

DNB is a financial services group that offers financial services through mobile, online banking, bank offices, and international offices. The Group provides a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. The company’s personal banking products andservices include savings and investment products.DNB offers its products and services to various sectors, including financial institutions, energy, manufacturing, healthcare, packaging, and forest products, shipping, offshore, and logistics, seafood, and telecom, media, and technology. They also distribute its products and services through its branches, in-store postal and banking outlets, and post office counters.DNB was founded in 1822 and is headquartered in Oslo, Norway.

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Investment focus

  • Energy, Banking, Software
  • Funding Round, Seed, Post-IPO Debt
  • Norway, Sweden, Denmark

Portfolio highlights

  • Mowi — Home - Mowi Company Website
  • BW LPG — BW LPG is a logistics and transportation company that uses a fleet of maritime ships to carry liquefied petroleum gas. In houses, agriculture, transportation, and the chemical industry, liquefied petroleum gas is employed. The business is divided into two primary divisions: shipping and product services. Both buy and sell liquid petroleum gas andprovide delivery to consumers.
  • Pacific Energy — Our innovative energy solutions are transforming the way power is generated, delivered, and managed across the nation.
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Ferd
VC Fund · Lysaker, Akershus, Norway

Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.

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Investment focus

  • Software, Energy, Information Technology
  • Funding Round, Private Equity, Series A
  • Norway, Sweden, United States

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.
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Speedinvest
VC Fund · Vienna, Wien, Austria

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Software, FinTech, Financial Services
  • Seed, Series A, Pre-Seed
  • United Kingdom, Germany, Austria

Portfolio highlights

  • Factris — We finance your open invoices so that you have the cash flow you need to grow your business. Your invoices, our financing! No more stress!
  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • Toqio — Toqio is a development and orchestration platform where you can build, configure, and launch corporate embedded finance solutions for merchant networks.
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Point Nine
VC Fund · Berlin, Berlin, Germany

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Software, SaaS, Internet
  • Seed, Series A, Series B
  • Germany, United States, France

Portfolio highlights

  • cargo.one — The cargo.one booking platform gives you access to real-time prices and available capacities of multiple airlines. Directly book online within seconds, 24/7.
  • Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
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Wiski Capital
VC Fund · Trondheim, Sor-Trondelag, Norway

Venture capital firm focused on tech startups.

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Investment focus

  • Software, Energy, Renewable Energy
  • Seed, Funding Round, Pre-Seed
  • Norway, Sweden

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.
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OBOS Forsikring
VC Fund · Oslo, Oslo, Norway

OBOS Forsikring is provides residential insurance services.

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Investment focus

  • Real Estate, Information Technology, Software
  • Seed, Series A, Funding Round
  • Norway

Portfolio highlights

  • Plaace — Proptech company creating vibrant streets and cities by helping property owners choose and connect with the right concepts, at the right place, using the right data.
  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • 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.
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Stratel
VC Fund · Oslo, Oslo, Norway

Stratel AS is a family owned Norwegian investment and development company, founded in 1976 by Reidar Lorentzen. Stratel invests in entrepreneurs and companies with high ambitions, positive impact and a promising value potential. We invest in both startups, ventures and mature businesses. ​ Their investment philosophy is for Fun, Sense and Profit.

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Investment focus

  • Software, Robotics, Health Care
  • Seed, Pre-Seed, Funding Round
  • Norway, United Arab Emirates

Portfolio highlights

  • Oivi — Smart and automated eye screening, anywhere.
  • 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
  • Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.
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TeleVenture Management
VC Fund · Oslo, Oslo, Norway

Making Venture Happen. Televenture is one of the leading venture capital companies in Norway.

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Investment focus

  • Software, Manufacturing, Biotechnology
  • Funding Round, Seed, Series A
  • Norway, United States

Portfolio highlights

  • CrayoNano — CrayoNano is a next generation semiconductor company. We specialize in nanotechnology that will enable a more sustainable and healthier life for tomorrow.
  • Genetic Analysis — Genetic Analysis AS (GA) has the goal of being a leader within the field of molecular diagnostics of diseases related to gut imbalances. By utilizing the DNA-based GA-map™ array technology, profiles of a patient’s gut microbiota is quickly generated and can be related to various health conditions. Genetic Analysis has developed a DNA-basedtechnology platform that allows for simultaneous analysis of a large number of similarities (but not identical) gene fragments in one reaction. The company’s focus is to utilize this technology platform to identify variations in the hundreds of different bacteria that exist in the gut (large and small intestine). The GA - map makes it possible, for the first time, to offer a diagnostic solution – including early detection - for many diseases that are affected by imbalances in the gut microbiota. Genetic Analysis will offer kits and services for a wide range of applications.
  • Stingray Marine Solutions — Stingray Marine Solutions is a Norwegian technology firm that produces a laser unit which, when lowered into salmon farming pens, kills sea lice. It is based on entrepreneur Esben Beck’s patented idea in 2010 for salmon louse removal using camera vision and laser. It all started with Esben Beck and a lathe in his basement in 1999. After more than10 years of deliveries to oil, gas and offshore companies, he decided to invest in his own products. He decided to found and develop his own salmon louse project, where design, production, software development, testing, and installation were carried out by using in-house resources.Stingray is based in Oslo, Norway.
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Valinor AS
VC Fund · Stavanger, Rogaland, Norway

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.

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Investment focus

  • Renewable Energy, Robotics, Software
  • Seed, Series A, Funding Round
  • Norway, United Kingdom

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.
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Statkraft Ventures
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany

Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.

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Investment focus

  • Renewable Energy, Energy, Big Data
  • Funding Round, Series A, Series B
  • Norway, France, Germany

Portfolio highlights

  • zolar — With the zolar online configurator, homeowners can customise the components of their PV system to suit their individual requirements and receive personal assistance from one of our solar energy experts at the same time. zolar’s extensive network of local partner companies takes care of the installation on site. The Berlin-based start-up employsaround 200 employees across Germany and pursues the vision of installing a PV system on every roof in the world in order to make private households more independent from the mains grid. The dovetailing of energy generation, electricity storage and mobility allows customers to design electrified and smart households. As a next green energy company, zolar enables its customers to become energy providers for their own four walls, neutralise their carbon footprint and, in turn, make an effective contribution to climate protection.
  • Deepki — Deepki accelerates transition towards net zero and sustainability, powered by ESG and data.
  • Fluctuo — Keeping track of all the new mobility services requires a constant monitoring process, a reliable and exhaustive data source and a complete set of analytics tools.By providing powerful SAAS solutions to collect, analyze and visualize data, fluctuo reduces the time, efforts and costs to supervise & manage this new generation of transportationservices.
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The Nordic Web Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark

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.

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Investment focus

  • Software, SaaS, Information Technology
  • Pre-Seed, Seed, Angel
  • Denmark, Norway, Sweden

Portfolio highlights

  • Steep — Steep is an AI analytics platform built on governed metrics that powers analysis, reporting and company-wide engagement.
  • All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
  • Paraglide AI — Paraglide AI agents handle your financial inbox, automatically reply to invoice inquiries from clients, pursue past-due invoice payments, and customize collections at scale.
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Arali Ventures
VC Fund · Bangalore, Karnataka, India

We are a seed fund focused on enterprise tech businesses out of India. We invest early, help build the venture with the promoter teams.

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Investment focus

  • Artificial Intelligence, Software, B2B
  • Seed, Series A, Pre-Seed
  • India, United States, Norway

Portfolio highlights

  • Pibit — Pibit transform loss run files into comprehensive reports with actionable insights, helping carriers and MGAs enhance underwriting efficiency and make better, more accurate decisions.
  • Wingman — Let Wingman help your team close sales faster with real-time coaching, custom cue cards, objection handling and the best conversation intelligence.
  • Harvested Robotics — Harvested Robotics is an ag-tech company that focuses on safeguarding farms from weeds and diseases by lasers, robotics, and AI technology.
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Norselab
VC Fund · Oslo, Oslo, Norway

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

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Investment focus

  • Software, SaaS, Agriculture
  • Seed, Funding Round, Series A
  • Norway, Switzerland, United States

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.
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Voyagers
VC Fund · London, England, United Kingdom

VOYAGERS organises by-invitation adventures designed to build close connections between exceptional people, with the goal of accelerating positive impact. Relationships deepen through our regular video calls, group chats and in-person dinner salons.

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Investment focus

  • Manufacturing, CleanTech, Biotechnology
  • Seed, Pre-Seed, Convertible Note
  • Germany, United Kingdom, The Netherlands

Portfolio highlights

  • Ecair — Ecair provides software for indoor air quality and energy management. The platform aggregates data from connected sensors to track pollutants, CO2, humidity, temperature, and particulate matter in real time. Dashboards, alerts, and APIs support building operations, facility managers, and ESG teams. Algorithms estimate exposure, flag ventilationissues, and suggest HVAC adjustments to balance comfort, health, and energy use. Reporting tools support certifications and compliance, and data exports integrate with BMS, CMMS, and data warehouses. Services include device provisioning, calibration management, and analytics consulting for multi-site portfolios.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Yama — Yama is currently in the active stages of technology development, leveraging its initial funding to showcase remarkable energy efficiency. Yama emphasis indicates a strong commitment to innovation in energy-saving solutions.
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Construct Venture
VC Fund · Oslo, Oslo, Norway

Early phase investor in ConstructionTech and PropTech powered by OBOS & AF

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Investment focus

  • Software, Information Services, Information Technology
  • Seed, Series A, Funding Round
  • Norway, Spain

Portfolio highlights

  • 7Analytics — 7Analytics delivers disruptive proptech solutions for sustainable cities. Our innovative FlomKuben software will utilize automatization and AI to allow rapid and safe analysis for stormwater management.
  • Theoriq — Theoriq is a platform for limitless AI innovation built on the principles of composability, extensibility, and community-driven governance.
  • Findable — Findable is an intelligent facility management system for public properties, commercial real estate and construction. We use AI to automate operations and manage your properties with data from your building documentation. Our user-friendly software helps your facility manager ensure compliance, reduce risk, and lower operation costs with powerful automation tools.
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Blue Bear Capital
VC Fund · Beverly Hills, California, United States

Explore AI solutions for energy challenges. Invest in a sustainable future with Blue Bear Capital. Learn more today!

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Series A, Seed, Funding Round
  • United States, Germany, The Netherlands

Portfolio highlights

  • Shoreline — Supporting the wind industry optimize the design, construction, and operation of clean energy, on both sides of the shoreline
  • Energy Robotics — Energy Robotics provides an end-to-end solution for autonomous robotic inspection in capital-intensive industries such as oil & gas, chemical and energy.
  • ACCURE Battery Intelligence — Accure is a battery analytics company. The software and AI-driven solution assist manufacturers and operators in monitoring the overall health and safety conditions of a battery system throughout its lifecycle.
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Kistefos Venture Capital
VC Fund · Oslo, Oslo, Norway

Kistefos focus on investing between NOK 10m and NOK +100m in each company, aiming at obtaining a significant ownership stake. Kistefos is opportunistic with regards to sectors, company sizes, life-cycle stages and geographies. Kistefos’ investment strategy selectively seeks out a diverse range of proprietary transactions in companies of varioussizes, including build-ups, growth capital, rescue financings and buyouts.Kistefos is an active partner to the management teams and founders, providing considerable internal resources to ensure the long-term value creation through identification of the key value drivers. Furthermore, we operate under a flexible investment mandate, giving us the opportunity to optimally support our portfolio companies throughout our ownership period.

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Investment focus

  • Software, SaaS, FinTech
  • Funding Round, Seed, Series A
  • Norway, Singapore, Sweden

Portfolio highlights

  • fileAI — Automate and analyze any file with AI. fileAI builds proprietary AI components for complex agentic workflow automation.
  • Workclass — Apply for any jobs and get hired in 24 hours now!
  • fileAI (formerly bluesheets) — Build a solid data foundation with Bluesheets, the all-in-one tool that connects, categorises and automates your finanical data. Set up once, automate forever.
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TRK Group
VC Fund

An Oslo-based Advisory and Active Ownership Firm.

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Investment focus

  • SaaS, Artificial Intelligence, Internet
  • Pre-Seed, Seed
  • Norway, Kenya

Portfolio highlights

  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
  • Vilect AI — Vilect is a recruitment software for store managers. The system identifies the most relevant candidates and lets the hiring manager screen recorded video interviews integrated directly into the system - store managers can see their fit, personality, drive, and motivation and save time and money.
  • Travelin.ai — Business and Leisure travel no longer just exist in silos but are intertwined. Travelin.ai is the Next Generation Corporate Travel Management Platform which reflects the true way we live, work and travel.
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DNB Ventures
VC Fund · Oslo, Oslo, Norway

DNB Ventures is the Corporate Venture Capital arm of the Norwegian DNB group.

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Investment focus

  • SaaS, Software, CleanTech
  • Pre-Seed
  • Norway

Portfolio highlights

  • Star Bulk — Star Bulk is a leading global dry bulk shipping company which owns and operates a modern and diverse dry bulk fleet.
  • 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.
  • 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.
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Aidiom
VC Fund · Oslo, Oslo, Norway

Aidiom is an early stage deeptech investor providing seed and venture capital to applied AI enterprise software startups in Europe.

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Investment focus

  • Software, Recycling, Construction
  • Pre-Seed, Series A
  • Norway

Portfolio highlights

  • PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
  • Intelecy — Turn your data into valuable insight for process optimization and achieve sustainable production. By using Intelecy, you can build your own powerful no-code machine learning models in minutes without a single line of code!
  • Aevy — Turn your renewable asset documents into profitable decisions
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fresh.fund
VC Fund · Jerusalem, Yerushalayim, Israel

fresh.fund is an Israeli pre-seed venture capital fund investing in early-stage startups across segments and verticals.We're built to partner with early-stage founders from day one, often as the company's first institutional investors. Our model is refreshingly simple: up to $300,000 in pre-seed funding within <4 weeks and follow-oncapital as necessary.Check out our portfolio here >> https://www.fresh.fund/portfolio. It's never too early to have a conversation about your startup.

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Investment focus

  • Health Care, Artificial Intelligence, Software
  • Seed, Pre-Seed, Series A
  • Israel, United States, Norway

Portfolio highlights

  • Wisio — Wisio lets social media creators and experts answer questions and requests from followers via paid interactions. The company’s platform empowers followers to gain exclusive access via personalized videos to their favorite creators. Wisio's flexible and easy-to-use platform is packed with features to help creators build deeper communitieswhile monetizing the creator - follower relationship. Thousands of them are already using it to help build their online reputation and business.Wisio's vision is to make everyone reachable.
  • Tenna Systems — Tenna Systems develops a platform that supports real-time monitoring, geolocation, and mitigation of radio-frequency interference to help maintain dependable connectivity for mission-critical systems. Its technology is informed by extensive experience in electromagnetic warfare and is designed to enhance awareness of RF activity across complexoperational environments. Tip&Cue supports defense, aerospace, and mobility organizations by enabling detection and analysis of interference sources and by strengthening the resilience of systems that depend on spectrum availability.
  • Modulight Bio — Modulight Bio develops an optogenetic platform intended for the treatment of neurological disorders. The company’s technology uses optogenetics to modulate neuronal activity by targeting synaptic mechanisms. Its approach relies on endogenous cellular processes to adjust neural signaling with spatial and temporal precision. The platform is designedto address conditions associated with abnormal or excessive neuronal activation.
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Founders Fund AS
VC Fund · Oslo, Oslo, Norway

Founders Fund AS is a venture capital firm based in Oslo. Founders Fund AS offers investment management, advisory, and other related services. Founders Fund serves customers in Norway.

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Investment focus

  • B2B, SaaS, Internet
  • Seed
  • Norway, United States

Portfolio highlights

  • Scrimba — Scrimba is the fast way of learning to code! Our interactive courses and tutorials will teach you React, Vue, Angular, Web Development, Node.JS, JavaScript, HTML, CSS, and more.
  • Confrere — Confrere is a video meeting and conferencing platform for professionals. The video chat solution was developed specifically for doctors, tutors, banks, psychologists, recruiters, personal trainers, and their clients in mind.The video conferencing solution was developed by Svein Willassen, Dag-Inge Aas, and Ida Aalen with a concept of buildingvirtual clinics for professions like doctors and bankers through video solutions, so they can meet their clients without actually meeting them.
  • AblePay Technologies — AblePay Technologies was founded in 2009 as a spin-out from the Research Department of Telenor, and the technology has been developed in close collaboration with SINTEF, the largest independent research organisation in Scandinavia.
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KOMPAS VC
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in the past 12 months

KOMPAS is an early-stage venture capital firm with offices in Amsterdam, Berlin, Copenhagen and Tel Aviv. We fund breakthrough innovations that accelerate the digital transformation and decarbonisation of the building and manufacturing industries. KOMPAS invests €1.0 – 5.0 million in Seed and Series A rounds with continued support throughout thecompany’s entire lifecycle. We partner with exceptional founders who disrupt the way buildings are designed, built and managed. We strive to eliminate emissions from building and manufacturing activity, reduce energy consumption, promote sustainable building materials, eliminate waste and support a circular economy. We invest in digital technology and automation to make industrial processes from procurement to manufacturing more efficient. We operate with purpose whilst delivering strong financial returns to our investors.

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Investment focus

  • Software, Construction, Sustainability
  • Series A, Seed, Series B
  • Israel, Germany, United States

Portfolio highlights

  • Tibo Energy — To make sure you operate within the limits of your contract we control your network. We avoid congestion in your energy network.
  • NeoLogic (VLSI) — NeoLogic was founded to address the increasing workloads of video, artificial intelligence, machine learning, data analytics, and more in the cloud and at the edge. we developer a unique technology that cuts down the transistor count of circuits by a factor of up to 3x at any technology node.
  • Makersite — AI, data and apps for procurement, product design and expert teams to make faster sustainable product and supply chain decisions, at scale.
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Nordic Makers
VC Fund · Stockholm, Stockholms Lan, Sweden

Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.

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Investment focus

  • Software, Education, Information Technology
  • Seed, Series A, Pre-Seed
  • Denmark, United States, Norway

Portfolio highlights

  • KIME — KIME enables you to track visibility across various AI platforms, analyze competitor presence, and apply clear steps to improve positioning in high-value searches that increase brand recognition and business impact.
  • DreamJay — We’re a team of scientists, designers and entrepreneurs working on digital solutions to empower people to sleep and dream better. After 3 years of research and experiments in a sleep lab as well as cooperation with sleep medicine experts, neuropsychologists, audiovisual researchers, we've found a way to improve sleep quality with activesleep stimulation. To make it accessible to the wide public we've developed the Nightly app - the world’s first app that actively stimulates you during sleep to make your sleep more efficient resulting in happier and healthier you. Nightly helps you fall asleep easily, reduces bad dreams & the number of awakenings during the night and also helps you get up by waking you up in the lightest sleep stage. Find out more at www.nightlyapp.co
  • Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
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SINTEF Venture AS
VC Fund · Trondheim, Sor-Trondelag, Norway

We commercialize technology created by SINTEF's research environments

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Investment focus

  • Software, Manufacturing, Energy
  • Seed, Funding Round, Pre-Seed
  • Norway, United States, United Kingdom

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.
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Momentum
VC Fund · Bergen, Hordaland, Norway

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.

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Investment focus

  • Manufacturing, Software, Renewable Energy
  • Seed, Funding Round, Series A
  • Norway, Finland, United Kingdom

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.
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Viking Venture
VC Fund · Trondheim, Sor-Trondelag, Norway

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.

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Investment focus

  • Software, Oil and Gas, Energy
  • Funding Round, Series A, Series B
  • Norway, United States, United Kingdom

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.
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Concentric
VC Fund · London, England, United Kingdom · 2 investments in the past 12 months

We partner with sector-defining founders across Europe to create new technologies that disrupt the status quo and solve the problems that matter.

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Investment focus

  • Financial Services, Software, Bitcoin
  • Seed, Series A, Series B
  • United Kingdom, United States, Germany

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • LN Markets — The first Lightning-native Bitcoin derivatives trading platform.
  • aeon.life — Preventive healthcare platform that equips people with personalized insights and expert guidance for proactive whole-body health
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Acequia Capital (AceCap)
VC Fund · Seattle, Washington, United States

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, France

Portfolio highlights

  • Tracelight — Tracelight is the best excel AI assistant for financial modelling, trusted by leading consulting and finance firms globally.
  • Kindred — Kindred Labs is building the default interface for human–AI interaction — always-on, trusted companions that unify productivity, commerce, and emotional connection into a single relationship. As the only AI company officially trusted by 25+ iconic IPs, including Sanrio, Warner Bros., LINE Friends, and Pudgy Penguins, Kindred Labs sits on a uniquecultural and distribution moat powered by billions of existing fans worldwide.Kindred’s growth has been consistently explosive: the company has attracted millions of registered users within weeks of opening access, climbed into the Top 10 on DappRadar with hundreds of thousands of on-chain daily and monthly active users and millions of on-chain transactions in a single month, and driven an NFT free-mint that organically reached above a 1.3 ETH floor, alongside outsized gains in brand mindshare and category visibility (including a #1 gainer ranking on Kaito).Backers and partners include SEI Foundation, Protocol Labs, 0G Foundation, Techstars, Orange DAO, Sky Mavis, CoinMarketCap Labs, Nvidia Inception, ElevenLabs, and others. Kindred Labs is founded by Max Giammario, whose M.A./Ph.D.-level research focuses on human–AI interaction, and is built by a team of experts from companies such as Apple and Disney.
  • Windup Minds — Stay: Forever Home is a heartwarming virtual pet game where you meet Ember, a magical companion bringing joy, adventure, and connection. Discover her emerging world, uncover hidden treats, and build your forever home together!
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Digital Currency Group
VC Fund · Stamford, Connecticut, United States

We are the capital engine supporting emerging talent & crypto technology. On its mission to accelerate the development of a better financial system.

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Investment focus

  • Blockchain, Cryptocurrency, FinTech
  • Seed, Series A, Funding Round
  • United States, United Kingdom, Singapore

Portfolio highlights

  • Zabo — Zabo is an API for connecting to any crypto exchange, wallet, protocol or account. Sign up for access to free API keys at Zabo.com
  • Ballet — Ballet Crypto is a companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The use of the mobile app is completely optional, as you do not need it to receive and store your cryptocurrency safely.
  • FLock.io — FLock.io aims to build a decentralised privacy-preserving solution for Artificial Intelligence.
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Entrée Capital
VC Fund · London, England, United Kingdom · 9 investments in the past 12 months

We're a team of former serial founders managing over $1B across a number of funds, with offices in Tel Aviv, London, and New York.

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Investment focus

  • Software, Financial Services, FinTech
  • Seed, Series A, Series B
  • United States, Israel, United Kingdom

Portfolio highlights

  • Cypago — End-to-end intelligent compliance solution for any security standard including SOC 2, ISO 27001, SOX-ITGC, and HIPAA
  • Swapp — Real estate developers, architects and engineers use Swapp to design buildings in a smart, flexible and efficient process.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 11 investments in the past 12 months

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.

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Investment focus

  • Biotechnology, Health Care, Medical Device
  • Seed, Pre-Seed, Funding Round
  • Finland, Sweden, Norway

Portfolio highlights

  • Hormona — Understand your hormones with the Hormona app. Monitor hormone levels, track symptoms, forecast cycles, and access personalized wellness tips for a balanced life.
  • Epigenica — Epigenica focuses on advancing epigenomics through its EpiFinder™ platform, a multiplexed ChIP-seq technology for high-throughput analysis of epigenetic marks. The company offers R&D services for the development of therapeutic molecules and diagnostic methods using epigenetics. Epigenica aims to improve scientists' ability to capture andextract insights from the epigenome, contributing to precision medicine and the discovery of new biomarkers.
  • Alba Health — Discover your baby's gut health & microbiome for the best start in life.
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Simula Innovation
VC Fund · Fornebu, Akershus, Norway

Simula Innovation is an early-stage technology investor.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Pre-Seed, Funding Round
  • Norway

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • Savvie — Savvie is your sales forecasting tool, waste tracking tool, sold-out tracker, ordering solution, product manager and analytics dashboard all in one intuitive app. We help you reduce food waste while maximizing sales with our one-click solution for store management.
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