Top 50 Software VC Funds & Investors in Norway (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Skyfall Ventures
VC Fund
|
24 | Norway, Denmark, United States | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence | $336k–$5.5M |
|
Investinor
VC Fund
|
21 | Norway, United States, Sweden | Series A, Seed | Software, Biotechnology, Manufacturing | $400k–$25M |
|
Antler
VC Fund
|
21 | Singapore, Australia, United Kingdom | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, Information Technology | $100k–$29M |
|
Alliance VC
VC Fund
|
21 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics | $1.3M–$24M |
|
Idekapital
VC Fund
|
15 | Norway, United Kingdom | Seed, Series A | Software, Information Technology, SaaS | $168k–$14M |
|
Arkwright X
VC Fund
|
14 | Norway, Sweden | Seed, Pre-Seed | Software, SaaS, Energy | $93k–$5.6M |
|
SNÖ Ventures
VC Fund
|
13 | Norway, Sweden, United States | Seed, Pre-Seed, Series A | Software, SaaS, Information Technology | $1M–$59M |
|
Innovation Norway
VC Fund
|
12 | Norway, Romania, Sweden | Grant, Seed | Software, Information Technology, SaaS | $42k–$3.6M |
|
ProVenture
VC Fund
|
12 | Norway, United States, India | Seed, Series A | Software, Oil and Gas, Manufacturing | $744k–$6.6M |
|
Northzone
VC Fund
|
12 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, FinTech, Information Technology | $2.4M–$95M |
|
RunwayFBU
VC Fund
|
9 | Norway, Italy, Sweden | Pre-Seed, Seed | SaaS, Software, Information Technology | $551k–$6.2M |
|
MP Pensjon
VC Fund
|
8 | Norway, Sweden, United States | Seed, Series A | Software, Information Technology, SaaS | $500k–$9M |
|
Skagerak Maturo
VC Fund
|
7 | Norway | Seed, Series A | Software, SaaS, Information Technology | $961k–$7.5M |
|
Nysnø
VC Fund
|
7 | Norway, United Kingdom | Series A, Series B | Renewable Energy, Robotics, Software | $5M–$44M |
|
Creandum
VC Fund
|
7 | Sweden, Germany, United States | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence | $1.8M–$88M |
|
Ferd
VC Fund
|
6 | Norway, Sweden, United States | Private Equity, Series A | Software, Energy, Information Technology | $2.2M–$14M |
|
DNB
VC Fund
|
6 | Norway, Sweden, Denmark | Post-IPO Debt, Debt Financing | Energy, Renewable Energy, Solar | $89M–$3B |
|
Sondo Capital
VC Fund
|
6 | Norway, United States, Denmark | Seed, Pre-Seed, Series A | Software, Analytics, Real Time | $660k–$5.1M |
|
OBOS Forsikring
VC Fund
|
4 | Norway | Seed, Series A | Real Estate, Information Technology, Software | $766k–$3.7M |
|
Valinor AS
VC Fund
|
4 | Norway, United Kingdom | Seed, Series A | Renewable Energy, Robotics, Software | |
|
Speedinvest
VC Fund
|
4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services | $406k–$38M |
|
Link Venture Capital
VC Fund
|
4 | Norway, United Kingdom, The Netherlands | Pre-Seed, Seed | Software, Renewable Energy, Marine Technology | $400k–$4.4M |
|
Statkraft Ventures
VC Fund
|
4 | Norway, France, Germany | Series A, Series B | Renewable Energy, Energy, Big Data | $3.2M–$115M |
|
TeleVenture Management
VC Fund
|
4 | Norway, United States | Seed, Series A | Software, Manufacturing, Biotechnology | |
|
Point Nine
VC Fund
|
4 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet | $900k–$53M |
|
Wiski Capital
VC Fund
|
4 | Norway, Sweden | Seed, Pre-Seed | Software, Energy, Renewable Energy | $740k–$7.7M |
|
Stratel
VC Fund
|
4 | Norway, United Arab Emirates | Seed, Pre-Seed | Software, Robotics, Health Care | $320k–$3M |
|
Norselab
VC Fund
|
3 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Agriculture | $500k–$14M |
|
The Nordic Web Ventures
VC Fund
|
3 | Denmark, Norway, Sweden | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology | $233k–$5M |
|
Arali Ventures
VC Fund
|
3 | India, United States, Norway | Seed, Series A, Pre-Seed | Artificial Intelligence, Software, B2B | $500k–$33M |
|
Voyagers
VC Fund
|
3 | Germany, United Kingdom, The Netherlands | Seed, Pre-Seed, Convertible Note | Manufacturing, Software, Renewable Energy | $1M–$6.6M |
|
Blue Bear Capital
VC Fund
|
3 | United States, Germany, The Netherlands | Series A, Seed | Software, Information Technology, Artificial Intelligence | $1.5M–$18M |
|
Kistefos Venture Capital
VC Fund
|
3 | Norway, Singapore, Sweden | Seed, Series A | Software, SaaS, FinTech | $700k–$16M |
|
TRK Group
VC Fund
|
3 | Norway, Kenya | Pre-Seed, Seed | SaaS, Artificial Intelligence, Internet | $400k–$510k |
|
DNB Ventures
VC Fund
|
3 | Norway, Greece, Sweden | Post-IPO Debt, Seed, Pre-Seed | Information Technology, Software, SaaS | $1.4M–$200M |
|
Aidiom
VC Fund
|
3 | Norway, Czech Republic | Pre-Seed, Seed, Series A | Software, Industrial, Artificial Intelligence | $590k–$1.1M |
|
fresh.fund
VC Fund
|
3 | Israel, United States, Norway | Seed, Pre-Seed, Series A | Health Care, Artificial Intelligence, Software | $120k–$21M |
|
KOMPAS VC
VC Fund
|
3 | Israel, Germany, United States | Series A, Seed, Series B | Software, Construction, Sustainability | $2.1M–$70M |
|
Nordic Makers
VC Fund
|
3 | Denmark, United States, Norway | Seed, Pre-Seed, Series A | Software, Information Technology, Education | $270k–$14M |
|
SINTEF Venture AS
VC Fund
|
3 | Norway, United States, United Kingdom | Seed, Pre-Seed | Software, Manufacturing, Energy | $160k–$5.1M |
|
Momentum
VC Fund
|
3 | Norway, Finland, United Kingdom | Seed, Series A | Renewable Energy, Energy, Manufacturing | $1.6M–$4.2M |
|
Concentric
VC Fund
|
3 | United Kingdom, United States, Germany | Seed, Series A, Series B | Financial Services, Software, Bitcoin | $1.1M–$225M |
|
Acequia Capital (AceCap)
VC Fund
|
3 | United States, United Kingdom, France | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Information Technology | $620k–$25M |
|
Digital Currency Group
VC Fund
|
3 | United States, United Kingdom, Singapore | Seed, Series A | Blockchain, Cryptocurrency, FinTech | $510k–$48M |
|
Construct Venture
VC Fund
|
3 | Norway, Spain | Seed, Series A | Software, Information Services, Information Technology | $2.2M–$25M |
|
Founders Fund AS
VC Fund
|
3 | Norway, United States | Seed | B2B, SaaS, Internet | $140k–$439k |
|
Viking Venture
VC Fund
|
3 | Norway, United States, United Kingdom | Series A, Series B | Software, Oil and Gas, Energy | $1.4M–$11M |
|
Grieg Kapital
VC Fund
|
2 | Norway | Seed | Robotics, Manufacturing, Semiconductor | |
|
Multicoin Capital
VC Fund
|
2 | United States, Singapore, Switzerland | Seed, Series A | Blockchain, Cryptocurrency, Software | $1.3M–$74M |
|
Rabobank Food & Agri Innovation Fund
VC Fund
|
2 | United States, United Kingdom, The Netherlands | Series A, Series B, Seed | Agriculture, AgTech, Farming | $3.8M–$28M |
| Access all 314 VC funds in Norway Software startups. | |||||
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We are an early stage venture capital firm based in Oslo, Norway.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: Norway, Denmark, United States
Investor stats
- Total investments: 55
- Round size: Seed $1.2M–$5.5M; Pre-Seed $336k–$3.3M
- Lead/follow: 38% lead, 62% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Stendr —
- 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.
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.
Show more...Investment focus
- Industry: Software, Biotechnology, Manufacturing
- Stage:Series A, Seed
- Geography: Norway, United States, Sweden
Investor stats
- Total investments: 117
- Round size: Seed $400k–$3.3M; Series A $2M–$25M
- Lead/follow: 50% lead, 50% follow
- Last fund: May invest from a new fund soon — raised $148M in 2011
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
Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!
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: 935
- Round size: Seed $362k–$5.8M; Pre-Seed $100k–$1.3M; Series A $4.6M–$29M
- Lead/follow: 47% lead, 53% follow
- Last fund: Likely actively investing — fresh fund, raised $72M in 2024
Portfolio highlights
- Gyodi —
- Pathzero — Pathzero's carbon management platform enables any business to start disclosing corporate carbon emissions and the actions being taken to address them.
- Unseen — Unseen is a market intelligence platform for commercial real estate.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Analytics
- Stage:Seed, Series A
- Geography: Norway, United States, Sweden
Investor stats
- Total investments: 80
- Round size: Seed $1.3M–$5M; Series A $1.8M–$24M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Endform —
- Newcode.ai —
- Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
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, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 30
- Round size: Seed $168k–$4.4M; Series A $2.7M–$14M
- Lead/follow: 37% lead, 63% 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.
- 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.
Leading Nordic venture capital firm investing in early-stage B2B startups
Show more...Investment focus
- Industry: Software, SaaS, Energy
- Stage:Seed, Pre-Seed
- Geography: Norway, Sweden
Investor stats
- Total investments: 21
- Round size: Seed $1.2M–$5.6M; Pre-Seed $93k–$2.8M
- Lead/follow: 5% lead, 95% follow
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.
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.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Norway, Sweden, United States
Investor stats
- Total investments: 27
- Round size: Seed $1M–$5.5M; Pre-Seed $2.8M–$4.5M; Series A $4.9M–$59M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — raised $100M in 2021
Portfolio highlights
- IntuiCell — IntuiCell develops a fundamentally new recursive computing architecture and associated technology platform.
- 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.
Innovasjon Norge - vi gir lokale ideer globale muligheter
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Grant, Seed
- Geography: Norway, Romania, Sweden
Investor stats
- Total investments: 71
- Round size: Seed $118k–$3.6M; Grant $42k–$1.7M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Munibee — Munibee is a financial management platform designed to help users track and manage personal and shared finances. It integrates with multiple banks using open banking to provide a unified view of transactions and accounts. The platform offers tools for budgeting, collaboration, and expense tracking across households or projects.
- 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.
- Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).
Show more...Investment focus
- Industry: Software, Oil and Gas, Manufacturing
- Stage:Seed, Series A
- Geography: Norway, United States, India
Investor stats
- Total investments: 36
- Round size: Seed $744k–$6.6M; Series A $4.9M–$5.6M
- Lead/follow: 67% lead, 33% follow
- Last fund: May invest from a new fund soon — last raise in 2019
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.
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.
Show more...Investment focus
- Industry: Software, FinTech, Information Technology
- Stage:Series A, Series B, Seed
- Geography: United States, Sweden, United Kingdom
Investor stats
- Total investments: 313
- Round size: Seed $2.4M–$15M; Series A $4M–$36M; Series B $6.7M–$95M
- Lead/follow: 42% lead, 58% follow
- Last fund: Likely still investing — raised $1.2B in 2022
Portfolio highlights
- Sqore — Smart Recruitment - Automate the process between your job ad and the first interview.Increase screening efficiencyEfficiently screen your candidates based on their skills and motivation - automagically - regardless of number of candidates.Deepen candidate engagementEngage today’s generation of candidates through rewarding experiencesand allow them to get insights into your company before the interview.Lower your hiring costsWe don't charge per candidate. Evaluate 100,000 candidates at the same cost as 100 - no need to limit yourself in the search for new talent.
- Labster — Labster empowers educators to reimagine their science courses with immersive online simulations. Request a demo to discover how Labster engages students, trains lab skills, and accelerates learning.
- HappyOrNot — With HappyOrNot you learn when, where and why customers are happy or not. Take action and improve with real-time customer feedback insights.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!RunwayFBU connects founders, industry, and capital to turn hard industrial problems into scalable companies.
Show more...Investment focus
- Industry: SaaS, Software, Information Technology
- Stage:Pre-Seed, Seed
- Geography: Norway, Italy, Sweden
Investor stats
- Total investments: 24
- Round size: Seed $971k–$6.2M; Pre-Seed $551k–$2M
- Lead/follow: 25% lead, 75% follow
- Last fund: Likely still investing — raised $33M in 2021
Portfolio highlights
- 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.
- Muybridge — Reimagining cameras with weightless software-based viewpoint
- Phantasma Labs — That Unlocks Hidden Capacity, Boosts EBITDA, and Delivers ROI in 6 Months
MP Pensjon er pensjonskasse for TINE SA og norske datterselskaper. God og langsiktig forvaltning sikrer din pensjon.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Norway, Sweden, United States
Investor stats
- Total investments: 18
- Round size: Seed $500k–$5.5M; Series A $4.9M–$9M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
- Metric — Metric develops AI-driven tools for automating digital advertising. Its platform, which primarily serves Shopify-powered e-commerce companies, is made to handle campaign creation, budget distribution, and performance optimization across Meta and Google.
- 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.
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.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Seed, Series A
- Geography: Norway
Investor stats
- Total investments: 12
- Round size: Seed $961k–$1.4M; Series A $2.7M–$7.5M
- Lead/follow: 25% lead, 75% follow
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
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.
Show more...Investment focus
- Industry: Renewable Energy, Robotics, Software
- Stage:Series A, Series B
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 30
- Round size: Series A $5M–$23M; Series B $5.5M–$44M
- Lead/follow: 27% lead, 73% 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.
- Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
- Dimensions Agri Technology — DAT is a Norwegian AgTech company offering a solution for real time patch spraying, using AI to recognize weeds in cereal fields.
We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed, Series B
- Geography: Sweden, Germany, United States
Investor stats
- Total investments: 264
- Round size: Seed $1.8M–$16M; Series A $5M–$30M; Series B $8M–$88M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely still investing — fund raised in 2024
Portfolio highlights
- CAST AI — Kubernetes optimization platform for reliability and performance. CAST AI uses SLO signals to take guardrailed actions in production.
- Appcharge — Built for mobile gaming, we help publishers grow revenue and personalize every player interaction and checkout.
- atla — Advance the potential and safety of AI
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, Series A
- Geography: Norway, Sweden, United States
Investor stats
- Total investments: 58
- Round size: Series A $2.2M–$13M; Private Equity $11M–$14M
- Lead/follow: 29% lead, 71% 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.
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.
Show more...Investment focus
- Industry: Energy, Renewable Energy, Solar
- Stage:Post-IPO Debt, Debt Financing
- Geography: Norway, Sweden, Denmark
Investor stats
- Total investments: 30
- Round size: Post-IPO Debt $89M–$3B; Debt Financing $94M–$620M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- 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.
- Capsol Technologies ASA —
- Pacific Energy — Our innovative energy solutions are transforming the way power is generated, delivered, and managed across the nation.
Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway
Show more...Investment focus
- Industry: Software, Analytics, Real Time
- Stage:Seed, Pre-Seed, Series A
- Geography: Norway, United States, Denmark
Investor stats
- Total investments: 16
- Round size: Seed $2.1M–$5.1M; Pre-Seed $660k–$2M
- Lead/follow: 19% lead, 81% follow
Portfolio highlights
- Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
- Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
- Cardboard — Cardboard simplifies SaaS spend management with virtual cards, automated receipt collection, and AI receipt matching, all accessible through a live dashboard to control software costs.
OBOS Forsikring is provides residential insurance services.
Show more...Investment focus
- Industry: Real Estate, Information Technology, Software
- Stage:Seed, Series A
- Geography: Norway
Investor stats
- Total investments: 9
- Round size: Seed $766k–$3.7M
- Lead/follow: 22% lead, 78% follow
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.
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.
Show more...Investment focus
- Industry: Renewable Energy, Robotics, Software
- Stage:Seed, Series A
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 9
- Lead/follow: no public data
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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Browse database — It's Free!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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- Industry: Software, FinTech, Financial Services
- Stage:Seed, Series A, Pre-Seed
- Geography: Germany, United Kingdom, Austria
Investor stats
- Total investments: 518
- Round size: Seed $823k–$8M; Pre-Seed $406k–$3.8M; Series A $3.7M–$38M
- Lead/follow: 42% lead, 58% follow
- Last fund: Likely still investing — raised $384M in 2022
Portfolio highlights
- 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!
- MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
- Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
Link Venture Capital operates a series of early-stage investment funds.
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- Industry: Software, Renewable Energy, Marine Technology
- Stage:Pre-Seed, Seed
- Geography: Norway, United Kingdom, The Netherlands
Investor stats
- Total investments: 11
- Round size: Seed $917k–$4.4M; Pre-Seed $400k–$1.5M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Evoy — Discover powerful, zero-emission electric boat motors built in Norway. Explore inboard and outboard options for sustainable boating.
- Glint Solar — Enabling developers to identify and analyze the best solar sites
- LIFENESS — Lifeness is a platform specialized in the treatment of lifestyle diseases and an entrepreneur from the fitness industry,
Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.
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- Industry: Renewable Energy, Energy, Big Data
- Stage:Series A, Series B
- Geography: Norway, France, Germany
Investor stats
- Total investments: 47
- Round size: Series A $3.2M–$23M; Series B $8.5M–$115M
- Lead/follow: 43% lead, 57% follow
- Last fund: May invest from a new fund soon — last raise in 2015
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.
- 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.
- Betterspace — Betterspace is innovative and holistic solution provider for the reliable and efficient digitization in the hotel industry. Betterspace is 360 ° solution provider for the digitization of hotels. Their goal is to partner with in intelligent and smart software as part of digitization and to simplify day-to-day work as a hotelier. They ensureincreased sales, reduced operating costs and optimized operating processes in hotel.
Making Venture Happen. Televenture is one of the leading venture capital companies in Norway.
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- Industry: Software, Manufacturing, Biotechnology
- Stage:Seed, Series A
- Geography: Norway, United States
Investor stats
- Total investments: 26
- Lead/follow: 65% lead, 35% follow
- Last fund: May invest from a new fund soon — last raise in 2014
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.
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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- Industry: Software, SaaS, Internet
- Stage:Seed, Series A, Series B
- Geography: Germany, United States, France
Investor stats
- Total investments: 254
- Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$53M
- Lead/follow: 35% lead, 65% follow
Portfolio highlights
- qlub — Qlub is the fastest, most secure form of digital menu & contactless payment for customers at restaurants, clubs & lounges.
- Attio — Unlock your team's true potential with Attio, the data-driven CRM for modern teams. Manage everything from sales leads through to recruitment pipelines.
- Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
Venture capital firm focused on tech startups.
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- Industry: Software, Energy, Renewable Energy
- Stage:Seed, Pre-Seed
- Geography: Norway, Sweden
Investor stats
- Total investments: 11
- Round size: Seed $740k–$7.7M
- Lead/follow: 9% lead, 91% follow
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.
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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- Industry: Software, Robotics, Health Care
- Stage:Seed, Pre-Seed
- Geography: Norway, United Arab Emirates
Investor stats
- Total investments: 7
- Round size: Seed $320k–$3M; Pre-Seed $1.6M–$2M
- Lead/follow: 14% lead, 86% follow
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.
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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- Industry: Software, SaaS, Agriculture
- Stage:Seed, Series A
- Geography: Norway, Switzerland, United States
Investor stats
- Total investments: 16
- Round size: Seed $500k–$6.6M; Series A $2M–$14M
- Lead/follow: 31% lead, 69% follow
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.
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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- Industry: Software, SaaS, Information Technology
- Stage:Pre-Seed, Seed, Angel
- Geography: Denmark, Norway, Sweden
Investor stats
- Total investments: 21
- Round size: Seed $250k–$5M; Angel $300k–$373k; Pre-Seed $233k–$1.1M
- Lead/follow: 5% lead, 95% follow
- Last fund: May invest from a new fund soon — raised $1.5M in 2019
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.
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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- Industry: Artificial Intelligence, Software, B2B
- Stage:Seed, Series A, Pre-Seed
- Geography: India, United States, Norway
Investor stats
- Total investments: 36
- Round size: Seed $525k–$3.5M; Pre-Seed $500k–$1.6M; Series A $3.5M–$33M
- Lead/follow: 50% lead, 50% follow
- Last fund: May invest from a new fund soon — last raise in 2018
Portfolio highlights
- Quash — Quash is a developer tool built to automate the bug reporting process by capturing screenshots, recordings, crash logs, and more.
- Flo Mobility — Flo Mobility builds an autonomous technology for electric two-wheelers vehicles. Flo Mobility was founded in 2018 and was headquartered in Banglore, India.
- Wingman — Let Wingman help your team close sales faster with real-time coaching, custom cue cards, objection handling and the best conversation intelligence.
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Browse database — It's Free!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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- Industry: Manufacturing, Software, Renewable Energy
- Stage:Seed, Pre-Seed, Convertible Note
- Geography: Germany, United Kingdom, The Netherlands
Investor stats
- Total investments: 23
- Round size: Seed $2M–$6.6M; Pre-Seed $1M–$2.5M; Convertible Note $3.5M–$5M
- Lead/follow: 4% lead, 96% follow
- Last fund: Likely still investing — fund raised in 2021
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.
- Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
Explore AI solutions for energy challenges. Invest in a sustainable future with Blue Bear Capital. Learn more today!
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed
- Geography: United States, Germany, The Netherlands
Investor stats
- Total investments: 76
- Round size: Seed $1.5M–$3.5M; Series A $5.5M–$18M
- Lead/follow: 37% lead, 63% follow
- Last fund: May invest from a new fund soon — last raise in 2019
Portfolio highlights
- Delos Insurance — An insurance company which uses advanced technology and artificial intelligence to protect California homeowners from wildfires.
- Demex — The Demex Group is a technology company that customizes and delivers climate-resilience through financial risk solutions on a global scale.
- Urbint — Urbint uses artificial intelligence to predict threats to workers and critical infrastructure and stop incidents before they happen.
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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- Industry: Software, SaaS, FinTech
- Stage:Seed, Series A
- Geography: Norway, Singapore, Sweden
Investor stats
- Total investments: 20
- Round size: Seed $700k–$4M; Series A $4.1M–$16M
- Lead/follow: 50% lead, 50% follow
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.
An Oslo-based Advisory and Active Ownership Firm.
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- Industry: SaaS, Artificial Intelligence, Internet
- Stage:Pre-Seed, Seed
- Geography: Norway, Kenya
Investor stats
- Total investments: 5
- Round size: Pre-Seed $400k–$510k
- Lead/follow: 20% lead, 80% follow
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.
DNB Ventures is the Corporate Venture Capital arm of the Norwegian DNB group.
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- Industry: Information Technology, Software, SaaS
- Stage:Post-IPO Debt, Seed, Pre-Seed
- Geography: Norway, Greece, Sweden
Investor stats
- Total investments: 6
- Round size: Seed $1.4M–$1.8M; Post-IPO Debt $1.8M–$200M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- 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.
- Vow Green Metals — Vow Green Metals purpose is to hasten the global switch to renewable resources by providing environmentally friendly substitutes for fossil reduction agents in the metallurgical sector.
Aidiom is an early stage deeptech investor providing seed and venture capital to applied AI enterprise software startups in Europe.
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- Industry: Software, Industrial, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Norway, Czech Republic
Investor stats
- Total investments: 5
- Round size: Pre-Seed $590k–$1.1M
- Lead/follow: 40% lead, 60% follow
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
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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- Industry: Health Care, Artificial Intelligence, Software
- Stage:Seed, Pre-Seed, Series A
- Geography: Israel, United States, Norway
Investor stats
- Total investments: 41
- Round size: Seed $3M–$12M; Pre-Seed $120k–$6M; Series A $11M–$21M
- Lead/follow: 12% lead, 88% follow
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.
- Clearitty — Clearitty - The Ultimate Sales Accelerator by Turning Deal Insights into Revenue We provide the tools and insights for sales executives to close deals faster and outperform competitors, empowering you to drive growth and success. It’s free to start — no trial, no contract, no risk.Clearitty was born out of a shared frustration experienced bysales executives and entrepreneurs alike – the lack of critical insights about new buyers. These invaluable insights are often held by those who have successfully navigated the sales process with these coveted clients.Recognizing the gap, in 2022 we created Clearitty, dedicated to developing an intelligence tool that helps sales executives shorten sales cycles and close deals more efficiently.Our goal is to build the world’s largest database of buyer insights, empowering sales executives with the knowledge they need to succeed.
- Sherloq — Ask your SQL anything. Built on your context, directly on your editor.
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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- Industry: Software, Construction, Sustainability
- Stage:Series A, Seed, Series B
- Geography: Israel, Germany, United States
Investor stats
- Total investments: 32
- Round size: Seed $2.1M–$12M; Series A $5.5M–$43M; Series B $2.8M–$70M
- Lead/follow: 38% lead, 62% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- 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.
- Epoch Biodesign — Mellizyme Biotechnology is currently operating in stealth.
Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.
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- Industry: Software, Information Technology, Education
- Stage:Seed, Pre-Seed, Series A
- Geography: Denmark, United States, Norway
Investor stats
- Total investments: 42
- Round size: Seed $270k–$4.6M; Pre-Seed $500k–$2.4M; Series A $2.3M–$14M
- Lead/follow: 17% lead, 83% follow
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
- Atech — Atech is a Copenhagen-based hardware startup that simplifies electronics development by enabling users to design and assemble functional prototypes using natural language prompts and modular, snap-together components. The company's platform eliminates complex soldering and firmware configuration, allowing developers to go from a chat-basedconcept to a physical, working device in minutes.
We commercialize technology created by SINTEF's research environments
Show more...Investment focus
- Industry: Software, Manufacturing, Energy
- Stage:Seed, Pre-Seed
- Geography: Norway, United States, United Kingdom
Investor stats
- Total investments: 28
- Round size: Seed $160k–$5.1M; Pre-Seed $373k–$762k
- Lead/follow: 39% lead, 61% follow
- Last fund: May invest from a new fund soon — raised $51M in 2018
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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Browse database — It's Free!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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- Industry: Renewable Energy, Energy, Manufacturing
- Stage:Seed, Series A
- Geography: Norway, Finland, United Kingdom
Investor stats
- Total investments: 15
- Round size: Seed $1.6M–$4.2M
- Lead/follow: 40% lead, 60% follow
- Last fund: Likely actively investing — fund raised in 2025
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.
- TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
- Photoncycle — The year-round solar energy system for heating and electricity
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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- Industry: Financial Services, Software, Bitcoin
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 88
- Round size: Seed $1.1M–$5.6M; Series A $1.7M–$25M; Series B $1.6M–$225M
- Lead/follow: 34% lead, 66% follow
- Last fund: Likely still investing — fund raised in 2022
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
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.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, United Kingdom, France
Investor stats
- Total investments: 226
- Round size: Seed $1.2M–$8M; Pre-Seed $620k–$3.3M; Series A $5M–$25M
- Lead/follow: 7% lead, 93% follow
- Last fund: May invest from a new fund soon — raised $4M in 2019
Portfolio highlights
- Mutable — Mutable Public Edge Cloud delivers a faster, cheaper, greener and more secure internet.
- Harbinger — Founded by veterans of Canoo and Faraday Future, Harbinger is an automotive company that develops EV platforms optimized for medium-duty trucks and delivery vans.
- MovieBot — Building for a spatial computing future.
We are the capital engine supporting emerging talent & crypto technology. On its mission to accelerate the development of a better financial system.
Show more...Investment focus
- Industry: Blockchain, Cryptocurrency, FinTech
- Stage:Seed, Series A
- Geography: United States, United Kingdom, Singapore
Investor stats
- Total investments: 281
- Round size: Seed $510k–$7.7M; Series A $3M–$48M
- Lead/follow: 10% lead, 90% follow
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.
- Ceramic Network — Ceramic Network is a provider of protocols for decentralized and composable data applications. The network decentralizes application databases, making data universally composable and reusable across applications. It consists of three core parts: a highly-scalable, decentralized infrastructure for data availability and consensus, a marketplace ofcommunity-created data models, and a suite of standard APIs for storing, updating, and retrieving data from those models.
Early phase investor in ConstructionTech and PropTech powered by OBOS & AF
Show more...Investment focus
- Industry: Software, Information Services, Information Technology
- Stage:Seed, Series A
- Geography: Norway, Spain
Investor stats
- Total investments: 9
- Round size: Seed $2.2M–$6.6M; Series A $10M–$25M
- Lead/follow: 11% lead, 89% follow
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.
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.
Show more...Investment focus
- Industry: B2B, SaaS, Internet
- Stage:Seed
- Geography: Norway, United States
Investor stats
- Total investments: 4
- Round size: Seed $140k–$439k
- Lead/follow: 25% lead, 75% follow
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.
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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- Industry: Software, Oil and Gas, Energy
- Stage:Series A, Series B
- Geography: Norway, United States, United Kingdom
Investor stats
- Total investments: 16
- Round size: Series B $1.4M–$11M
- Lead/follow: 38% lead, 62% follow
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.
Grieg Kapital is an investment company creating sustainable businesses. Do you have an investment opportunity for us that fits our strategy?
Show more...Investment focus
- Industry: Robotics, Manufacturing, Semiconductor
- Stage:Seed
- Geography: Norway
Investor stats
- Total investments: 2
- Lead/follow: no public data
Portfolio highlights
- Remora Robotics — Remora Robotics is a Norwegian technology firm that specializes on aquaculture robotics.
- Ignite — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets.
Show more...Investment focus
- Industry: Blockchain, Cryptocurrency, Software
- Stage:Seed, Series A
- Geography: United States, Singapore, Switzerland
Investor stats
- Total investments: 173
- Round size: Seed $1.3M–$17M; Series A $8M–$74M
- Lead/follow: 48% lead, 52% follow
Portfolio highlights
- Glif — Interoperable tools for the Filecoin network
- Delphia — Delphia puts your data to work for you.
- Clockwork — Automate on-chain programs and schedule transactions directly with the Solana validator network.
Rabobank emerged from several small agricultural cooperative banks, founded by Dutch farmers in the late nineteenth century. Food & Agriculture (F&A) is in our DNA, from which we built a unique position in the F&A sector as a key financier and international player, attributes which we leverage for the benefit of our stakeholders andportfolio companies. We recognise and understand the food security challenges lying ahead of us and how Innovation in F&A supply chains is key to the solution, which is why we are dedicated to committing capital to the space.
Show more...Investment focus
- Industry: Agriculture, AgTech, Farming
- Stage:Series A, Series B, Seed
- Geography: United States, United Kingdom, The Netherlands
Investor stats
- Total investments: 25
- Round size: Series A $3.8M–$18M; Series B $5M–$28M
- Lead/follow: 4% lead, 96% follow
Portfolio highlights
- Vence — Vence makes a hardware solution for cattle which when combined with their application software allows farmers to remotely manage/control their livestock. Their solution increases the utilization of the available grasses (increased the number of animals on a farm), removes costs associated with fencing (hardware/ maintenance costs/labor) and eliminates labor associated with moving the animals.
- Aromyx — Aromyx pioneers the creation of tastes and smells using a quantitative measurement system developed with biotechnology, data science, and AI.
- Saga Robotics — Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald. Our robots provide chemical-free vineyard and strawberry disease management to help growers increase yields and reduce reliance on fungicides.
Software VC funding in Norway at a glance
Stats across 309 deals from 314 investors.
Access all 314 VC funds in Norway Software startups.
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