Top 50 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 |
|---|---|---|---|---|---|
|
Investinor
VC Fund
|
46 | Norway, United States, Sweden | Series A, Seed | Software, Biotechnology, Manufacturing | $400k–$25M |
|
Antler
VC Fund
|
36 | Singapore, Australia, United Kingdom | Pre-Seed, Seed, Series A | Software, Artificial Intelligence, Information Technology | $100k–$29M |
|
Skyfall Ventures
VC Fund
|
35 | Norway, Denmark, United States | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence | $336k–$5.5M |
|
Alliance VC
VC Fund
|
29 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics | $1.3M–$24M |
|
Innovation Norway
VC Fund
|
28 | Norway, Romania, Sweden | Grant, Seed | Software, Information Technology, SaaS | $42k–$3.6M |
|
ProVenture
VC Fund
|
20 | Norway, United States, India | Seed, Series A | Software, Oil and Gas, Manufacturing | $744k–$6.6M |
|
SINTEF Venture AS
VC Fund
|
18 | Norway, United States, United Kingdom | Seed, Pre-Seed | Software, Manufacturing, Energy | $160k–$5.1M |
|
SNÖ Ventures
VC Fund
|
18 | Norway, Sweden, United States | Seed, Pre-Seed, Series A | Software, SaaS, Information Technology | $1M–$59M |
|
RunwayFBU
VC Fund
|
17 | Norway, Italy, Sweden | Pre-Seed, Seed | SaaS, Software, Information Technology | $551k–$6.2M |
|
Arkwright X
VC Fund
|
17 | Norway, Sweden | Seed, Pre-Seed | Software, SaaS, Energy | $93k–$5.6M |
|
Idekapital
VC Fund
|
16 | Norway, United Kingdom | Seed, Series A | Software, Information Technology, SaaS | $168k–$14M |
|
Northzone
VC Fund
|
13 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, FinTech, Information Technology | $2.4M–$95M |
|
MP Pensjon
VC Fund
|
12 | Norway, Sweden, United States | Seed, Series A | Software, Information Technology, SaaS | $500k–$9M |
|
Ferd
VC Fund
|
12 | Norway, Sweden, United States | Private Equity, Series A | Software, Energy, Information Technology | $2.2M–$14M |
|
Nysnø
VC Fund
|
11 | Norway, United Kingdom | Series A, Series B | Renewable Energy, Robotics, Software | $5M–$44M |
|
Sondo Capital
VC Fund
|
11 | Norway, United States, Denmark | Seed, Pre-Seed, Series A | Software, Analytics, Real Time | $660k–$5.1M |
|
DNB
VC Fund
|
10 | Norway, Sweden, Denmark | Post-IPO Debt, Debt Financing | Energy, Renewable Energy, Solar | $89M–$3B |
|
Skagerak Maturo
VC Fund
|
10 | Norway | Seed, Series A | Software, SaaS, Information Technology | $961k–$7.5M |
|
Momentum
VC Fund
|
9 | Norway, Finland, United Kingdom | Seed, Series A | Renewable Energy, Energy, Manufacturing | $1.6M–$4.2M |
|
Schibsted Growth
VC Fund
|
9 | Sweden, Norway, France | Seed, Series A | Internet, Financial Services, E-Commerce | $93k–$5.4M |
|
Wiski Capital
VC Fund
|
9 | Norway, Sweden | Seed, Pre-Seed | Software, Energy, Renewable Energy | $740k–$7.7M |
|
Link Venture Capital
VC Fund
|
7 | Norway, United Kingdom, The Netherlands | Pre-Seed, Seed | Software, Renewable Energy, Marine Technology | $400k–$4.4M |
|
Norselab
VC Fund
|
7 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Agriculture | $500k–$14M |
|
TeleVenture Management
VC Fund
|
7 | Norway, United States | Seed, Series A | Software, Manufacturing, Biotechnology | |
|
Creandum
VC Fund
|
7 | Sweden, Germany, United States | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence | $1.8M–$88M |
|
Viking Venture
VC Fund
|
6 | Norway, United States, United Kingdom | Series A, Series B | Software, Oil and Gas, Energy | $1.4M–$11M |
|
Luminar Ventures
VC Fund
|
6 | Sweden, Norway, United States | Seed, Series A | Software, Information Technology, SaaS | $960k–$21M |
|
Bring Ventures
VC Fund
|
6 | Sweden, Norway, United Kingdom | Seed, Series A | E-Commerce, B2B, Logistics | $193k–$6.6M |
|
Valinor AS
VC Fund
|
6 | Norway, United Kingdom | Seed, Series A | Robotics, Software, Renewable Energy | $1.8M–$2.4M |
|
Sandwater
VC Fund
|
5 | Norway, Germany, France | Series A, Seed | AgTech, Medical, Agriculture | $7.7M–$36M |
|
Construct Venture
VC Fund
|
5 | Norway, Spain | Seed, Series A | Software, Information Services, Information Technology | $2.2M–$25M |
|
Stratel
VC Fund
|
5 | Norway, United Arab Emirates | Seed, Pre-Seed | Software, Robotics, Health Care | $320k–$3M |
|
OBOS Forsikring
VC Fund
|
5 | Norway | Seed, Series A | Real Estate, Information Technology, Software | $766k–$3.7M |
|
Birk Venture
VC Fund
|
5 | Norway, United Kingdom | Seed, Series A | Biotechnology, Medical, Health Care | $1.2M–$22M |
|
CoFounder
VC Fund
|
5 | Norway | Seed, Series A | Industrial, Manufacturing, SaaS | $821k–$2.3M |
|
Nordic Makers
VC Fund
|
4 | Denmark, United States, Norway | Seed, Pre-Seed, Series A | Software, Information Technology, Education | $270k–$14M |
|
Sarsia Seed Management
VC Fund
|
4 | Norway | Seed, Series A | Biotechnology, Software, Pharmaceutical | |
|
Digital Currency Group
VC Fund
|
4 | United States, United Kingdom, Singapore | Seed, Series A | Blockchain, Cryptocurrency, FinTech | $510k–$48M |
|
Spintop Ventures
VC Fund
|
4 | Sweden, Finland, Norway | Seed, Series A | Software, Information Technology, SaaS | $878k–$12M |
|
Hadean Ventures
VC Fund
|
4 | Norway, Sweden, Germany | Series A, Series B | Biotechnology, Health Care, Medical | $4.3M–$79M |
|
Maki.vc
VC Fund
|
4 | Finland, Norway, Denmark | Seed, Series A, Pre-Seed | Software, E-Commerce, Information Technology | $900k–$37M |
|
Concentric
VC Fund
|
4 | United Kingdom, United States, France | Seed, Series A, Series B | Financial Services, Software, E-Commerce | |
|
Founders Fund
VC Fund
|
4 | United States, United Kingdom, Germany | Series A, Seed, Series B | Software, Health Care, Information Technology | $1.5M–$105M |
|
Farvatn Venture
VC Fund
|
4 | Norway, United States, Iceland | Seed, Series A | Software, Health Care, Artificial Intelligence | $1.5M–$7.5M |
|
The Nordic Web Ventures
VC Fund
|
4 | Denmark, Norway, Sweden | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology | $233k–$5M |
|
TD Veen
VC Fund
|
4 | Norway, United Kingdom, Germany | Seed, Series A | Software, Internet, Video Streaming | |
|
Speedinvest
VC Fund
|
4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services | $406k–$38M |
|
Point Nine
VC Fund
|
4 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet | $900k–$53M |
|
Statkraft Ventures
VC Fund
|
4 | Norway, France, Germany | Series A, Series B | Renewable Energy, Energy, Big Data | $3.2M–$115M |
|
Weekend Fund
VC Fund
|
3 | United States, India, Canada | Seed, Pre-Seed, Series A | Software, Information Technology, FinTech | |
| Access all 883 VC funds in Norway startups. | |||||
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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: 932
- 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
- not8 — not8 is a SaaS platform that helps digital agencies and IT companies save those hours and increase employee productivity by up to 15% by moving all the conversations "inside the product".
- Qeeper — On-demand property maintenance across London, Edinburgh and Brighton
- Cloud Cycle — Globally we produce over 10 billion tons of concrete each year, its the second most consumed material on the planet behind wate and is responsible for upto 10% of global CO2 emissions. Around 5% of all concrete produced goes to waste, this waste in the UK alone costs around £400 million.Cloud Cycle has developed an on-truck device and sensorarray which feeds our cloud platform to ensure concrete meets specification & prevents waste. Even when surplus does still occur, our marketplace for the local on-sale of surplus concrete will find a buyer. We aim to save industry billions whilst reducing global CO2 by 1%.We are using advanced technology & the circular economy to transform the concrete industry.
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.
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.
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.
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.
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.
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
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.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!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.
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.
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.
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.
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.
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.
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.
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
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.
Show more...Investment focus
- 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
Investing in great digital companies!
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- Industry: Internet, Financial Services, E-Commerce
- Stage:Seed, Series A
- Geography: Sweden, Norway, France
Investor stats
- Total investments: 51
- Round size: Seed $93k–$5.4M
- Lead/follow: 76% lead, 24% follow
Portfolio highlights
- Bookis — Bookis is the Next-Generation Online Bookstore with Direct Author Compensation, making the sharing of stories and knowledge playfully easy - from all bookshelves, for everyone. We leverage community, technology and innovative distribution to enable radically easier peer-to-peer bookselling, with fair author compensation models. Building theworld's largest network of authors fighting for a more fair book industry worldwide.
- Dintero — Dintero is a Norwegian startup delivering payment, checkout, crm & loyalty solutions.
- Campanyon — Campanyon is a provider of an outdoor accommodation booking platform intended for people to find and book their next outdoor adventure by connecting campers with hosts.
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Browse database — It's Free!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.
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,
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.
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.
We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.
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- 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
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.
Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.
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- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Sweden, Norway, United States
Investor stats
- Total investments: 61
- Round size: Seed $960k–$5.4M; Series A $2.9M–$21M
- Lead/follow: 43% lead, 57% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
- RedpineAI — RedpineAI provides a new data infrastructure for AI development. The platform gives companies building AI and autonomous agents access to high-quality, multi-modal, and domain-specific datasets.
- Photoncycle — The year-round solar energy system for heating and electricity
Bring Ventures is the Corporate Venture arm of the Norway Post Group. Bring Ventures is dedicated to invest in disruptive and ambitious seed and early phase companies within sustainability and digitalization. We strive to be a value-adding investor by building close relationships, exchange capabilities, expertise, customers and volumes. We believethe success of the future will be created together in a collaboration with other actors such as universities, innovation environments and start-ups. We want to contribute to create and build completely new type of business models – like ecosystem.
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- Industry: E-Commerce, B2B, Logistics
- Stage:Seed, Series A
- Geography: Sweden, Norway, United Kingdom
Investor stats
- Total investments: 13
- Round size: Seed $193k–$6.6M
- Lead/follow: 8% lead, 92% follow
Portfolio highlights
- Tise — Buy and sell secondhand fashion. Download the app here.
- Kavall — Kavall is a grocery delivery startup.
- Aviant — Delivering full-stack drone services that enables autonomous and on-demand transport of cargo.
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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- Industry: Robotics, Software, Renewable Energy
- Stage:Seed, Series A
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 9
- Round size: Seed $1.8M–$2.4M
- Lead/follow: 44% lead, 56% follow
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.
We are Sandwater. Regeneration of our resources. Vitalizing healthcare & education. Improving life through technology.
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- Industry: AgTech, Medical, Agriculture
- Stage:Series A, Seed
- Geography: Norway, Germany, France
Investor stats
- Total investments: 17
- Round size: Series A $7.7M–$36M
- Lead/follow: 47% lead, 53% follow
Portfolio highlights
- Mantle8 — Using bottom-up exploration and decades of geology experience, we are on a mission to deliver natural hydrogen to the world.
- XO Life — XO Life is to build the largest real-world evidence platform for patient insights for all medications and therapies. Together with one of Europe's leading research institutes for patient-centered research, the PROMIS Institute Germany of the Charité, and various pharmaceutical manufacturers, patient experiences are to be recorded in astandardized and systematic manner across a wide range of diseases. Patients are to be enabled to record their therapy course and outcome independently as well as scientifically validated so that these patient insights from real treatment practice can be used in the life science industry and by medical professions.
- Soil Capital Belgium — Discover Europe's first certified, multi-national carbon farming programme that rewards regenerative agriculture.
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Browse database — It's Free!Early phase investor in ConstructionTech and PropTech powered by OBOS & AF
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- 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.
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.
OBOS Forsikring is provides residential insurance services.
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- 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.
Birk Venture is a Scandinavian venture company exclusively focusing on the life science industry.
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- Industry: Biotechnology, Medical, Health Care
- Stage:Seed, Series A
- Geography: Norway, United Kingdom
Investor stats
- Total investments: 9
- Round size: Series A $1.2M–$22M
- Lead/follow: 22% lead, 78% follow
Portfolio highlights
- APIM Therapeutics — APIM Therapeutics is based on an original discovery by Prof. Marit Otterlei and co-inventors at the Department of Cancer Research and Molecular Medicine at NTNU (Trondheim, Norway). The company is currently developing proprietary peptide drugs targeting PCNA (Proliferating Cell Nuclear Antigen), a key DNA repair protein regulating cellularresponses to DNA damage and stress.
- Zelluna Immunotherapy — Zelluna Immunotherapy AS is a privately owned biopharmaceutical company focused on the development of TCR based immunotherapies.
- Accession Therapeutics — Accession Therapeutics’ elegant Trocept platform has potential to treat some of the most intractable and widespread forms of cancer. Based in Oxford, UK, it is developing a pipeline of products to the early clinical trial stage. Led by Bent Jakobsen, PhD FMedSci, a pioneer of T cell receptor therapy for cancer, the team is highly experienced intaking immuno-oncology products to the clinic. Accession Therapeutics’ Trocept technology is based on over a decade’s work and has generated exceptional preclinical data.Accession Therapeutics’ proprietary technology incorporates cancer-tropic viruses, the first time that viruses have been genetically modified to exclusively target cancer cells. As non-cancerous cells are not targeted by Trocept, systemic toxicity is eliminated meaning the drugs can be delivered intravenously and traffic to the tumour. Trocept’s highly potent and local activity gives it potential in some of the hardest to treat and most widespread forms of cancer. This includes breast, cervical, colorectal, gastric, head and neck, lung, oral, ovarian and pancreatic cancer.
CoFounder is a management and investment company for technology companies with great growth potential. They are experienced entrepreneurs and business developers who provide management resources and early-stage capital. They work with spin-offs from both research and industrial environments, as well as standalone entrepreneurial companies.
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- Industry: Industrial, Manufacturing, SaaS
- Stage:Seed, Series A
- Geography: Norway
Investor stats
- Total investments: 10
- Round size: Seed $821k–$2.3M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Nicoustic — Nicoustic developed accurate, non-intrusive technology for separator-level measurement based on Guided Ultrasonic Waves. Their technique uses guided ultrasonic waves to measure the amounts of solids and liquids using sensors. It is being developed to measure the interface layers between emulsion and foam.Nicoustic's prototype is the outcomeof 20 years of study at the German Fraunhofer IKTS and a response to a challenge put forth by Equinor, the largest energy company in Norway.
- Aviant — Delivering full-stack drone services that enables autonomous and on-demand transport of cargo.
- 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.
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.
Sarsia Seed AS is a Norwegian Seed Capital Fund which invests in Norwegian early phase technology companies within the energy/cleantech and biotechnology/life science sectors.The fund has a total capital of 333.5 million NOK (approx, 40 mEUR/50 mUSD) and is managed by Sarsia Seed Management AS. The management company advises theFund board regarding investment decisions. The Fundâ€:tm:s duration is expected to be 12 (+3) years.The Management Teamâ€:tm:s strength lay in its competence, experience and extensive national and international network of industrial players and co-investors. The Teamâ€:tm:s collective experience comprises an optimal balance between operations, business and specialised technology know-how, applied research, and entrepreneurship; elements which are actively used both in the vetting and follow-up of investments.
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- Industry: Biotechnology, Software, Pharmaceutical
- Stage:Seed, Series A
- Geography: Norway
Investor stats
- Total investments: 11
- Lead/follow: 36% lead, 64% follow
Portfolio highlights
- BerGenBio — BerGenBio is a clinical stage oncology biotech company, which is engaged in developing therapeutics against novel drug targets that drive aggressive cancers. Its drug candidate bemcentinib (BGB324) is in clinical development as a novel treatment for a variety of cancers.
- Sonoclear AS — At SonoClear, we are dedicated to improving the diagnostic accuracy of ultrasound to give neurosurgeons the clarity needed to make critical decisions in the resection of tumours.
- Heimdall Power — Heimdall Power helps utilities optimize the power grid with state-of-the-art sensors and software, enabling real-time capacity management and situational awareness for a more efficient and reliable energy system.
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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- 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.
Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies.
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- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Sweden, Finland, Norway
Investor stats
- Total investments: 67
- Round size: Seed $878k–$5.3M; Series A $1.5M–$12M
- Lead/follow: 55% lead, 45% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Embedl AB — Efficient Deep Learning by Deep Learning model optimization
- VISS.AI — Talk to your apps and automate tasks
- Impulso — Seamless product tracking. We help brands, agencies and suppliers increase sell-through, reduce administration and create a more sustainable retail landscape.
Hadean Ventures is a life science fund manager that invests in life science companies across europe with a particular focus on the nordic region. The funds are backed by leading private and institutional investors. Hadean Ventures has offices in oslo and stockholm and collaborates with world-class academic institutions and start-up hubs across theregion
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- Industry: Biotechnology, Health Care, Medical
- Stage:Series A, Series B
- Geography: Norway, Sweden, Germany
Investor stats
- Total investments: 27
- Round size: Series A $4.3M–$79M; Series B $28M–$68M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — raised $105M in 2021
Portfolio highlights
- Gesynta Pharma — Founded in 2017, Gesynta Pharma bases its R&D on research from the Karolinska Institutet. The most advanced drug candidate, GS-248, reduces inflammation and increases blood flow in the microvasculature, thereby having the potential to provide improved treatments for several serious diseases. In an ongoing clinical proof-of-concept study,GS-248 is being evaluated for its capacity to normalize vascular blood flow and reduce pain in patients with the autoimmune disease systemic sclerosis. Positive results from this study may lead to a rapid broadening of the development program towards additional indications, for example cardiovascular diseases and rheumatic diseases other than systemic sclerosis. Major shareholders include Industrifonden, Linc, Hadean Ventures, and a number of successful life science entrepreneurs. For more information, please visit www.gesynta.se
- Emergence Therapeutics — Emergence Therapeutics is a European biopharmaceutical company developing novel antibody-drug conjugates (ADC) to treat high-need cancers. Its lead program combines a highly specific antibody with optimized linker and payload technology to target Nectin-4 – an important target for a broad range of cancers which has been clinically validated as anADC target by enfortumab vedotin, now approved for the treatment of urothelial cancers by the US Food and Drug Administration. Emergence is also actively exploring opportunities to develop further first- or best-in-class ADCs driven by therapeutic need.
- TargED Biopharmaceuticals — TargED Biopharmaceuticals is a biotechnology company that develops first-in-class biological drugs to improve treatment of thrombosis.TargED stands for Targeted Enzyme Delivery. Their biological drugs are unique by using small antibodies (“VhH”) to deliver enzymes to sites of thrombosis, enabling ‘targeted’ thrombolysis.
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Browse database — It's Free!We partner with deep tech and brand-driven companies obsessed in challenging category norms. The Nordics are our home, but we take on a global front in spotting the unexpected - from B2B to B2C, with a sweet spot for scientific advances, strong IP, and customer understanding that looks beyond convention.We invest in early stage companies: fromtheir inception to series A and beyond. We share in the vision of founders as champions and challengers, drawing on our experiences from scaling some of the strongest tech companies ourselves.
Show more...Investment focus
- Industry: Software, E-Commerce, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: Finland, Norway, Denmark
Investor stats
- Total investments: 92
- Round size: Seed $900k–$8M; Pre-Seed $1.1M–$2.7M; Series A $3.3M–$37M
- Lead/follow: 47% lead, 53% follow
- Last fund: Likely actively investing — fund raised in 2024
Portfolio highlights
- Yaak Technologies ApS — Safety in urban self-driving is currently an afterthought. At Yaak, we distill safety from driving experts for the next generation of human and autonomous driving.
- IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
- Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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, E-Commerce
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, United States, France
Investor stats
- Total investments: 76
- Lead/follow: no public data
Portfolio highlights
- Bipa — Bipa is a company that allows customers to buy and sell Bitcoin starting from R$1 using Pix and Lightning Network.
- LN Markets — The first Lightning-native Bitcoin derivatives trading platform.
- Anchor Watch — Insure your Bitcoin - Protect your bitcoin with regulated insurance and enterprise-grade multi-institutional custody.
Founders Fund is a San Francisco based venture capital firm investing in companies building revolutionary technologies.
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- Industry: Software, Health Care, Information Technology
- Stage:Series A, Seed, Series B
- Geography: United States, United Kingdom, Germany
Investor stats
- Total investments: 767
- Round size: Seed $1.5M–$14M; Series A $5.5M–$42M; Series B $15M–$105M
- Lead/follow: 34% lead, 66% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Citrea — Bitcoin's First ZK Rollup
- Polymarket — Bet on your beliefs
- Workstream — Workstream is an automated hiring platform that helps companies employing hourly workers. The platform helped Jamba, Chick-fil-A, McDonald's, Dunkin', Applebee's, Auntie Anne's, Cinnabon to increase their bottom line and cost savings.Workstream was founded in 2017 and is headquartered in San Francisco, California, UnitedStates.
Planet 9 Venture supports startups and work with venture funds to make a positive imprint on the world.
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- Industry: Software, Health Care, Artificial Intelligence
- Stage:Seed, Series A
- Geography: Norway, United States, Iceland
Investor stats
- Total investments: 11
- Round size: Seed $1.5M–$7.5M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.
- BioSort — Biometrics provides lice, biomass, extraction, and data analysis. They offer feed, fish health, welfare, optimized harvest aquaculture, and fisheries. They provide sensor technologies, machine vision, AI, software, mechatronics.
- Evari — Advanced manufacturer of next-gen turbocompressors, driving breakthrough heat pump performance
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.
TD Veen is concerned with sustainable social development. Their contribution is to invest in companies and solutions that are good for both owners and society at large. The foundation of TD Veen is job satisfaction, creativity and a strong determination to invest in the very best people.At one stage they saw sense in targeting the investmentprofile, which also gave us a new perspective on the demand for returns and the role of investors. As a financial owner, they want to establish a healthy attitude toward results and returns. In companies where value is created over time.A differentiated portfolio is important to us. That is why they work with investments in new industries, such as e.g. health, or in parts of the world where they have not been before. Despite their Stavanger address, they want to invest outside of the petroleum sector.TD Veen has for many years supported the work of SOS Children’s Villages, including the project The Long Run, where they renovated old children’s villages in Romania and Lebanon. They have also contributed to starting up a separate pioneer project for foster families in Murmansk. Going ahead, they will to a greater degree also contribute to society at home, by building up a community of social entrepreneurs in Eiganesveien 95.
Show more...Investment focus
- Industry: Software, Internet, Video Streaming
- Stage:Seed, Series A
- Geography: Norway, United Kingdom, Germany
Investor stats
- Total investments: 21
- Lead/follow: no public data
Portfolio highlights
- Mobai — Provider of attack detection, image manipulation detection and authentication. Strong and successful research team on biometrics.
- Dagens — Together with farmers and chefs, we co-create a transparent and resilient food system for the future. The farmers get a bigger part of the profit. Buyers get easy access to unique, biodiverse produce at competitive prices.
- Atlas Metrics — The single source of truth for your ESG data
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.
Show more...Investment focus
- 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.
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.
Show more...Investment focus
- Industry: Software, SaaS, Internet
- Stage:Seed, Series A, Series B
- Geography: Germany, United States, France
Investor stats
- Total investments: 253
- Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$53M
- Lead/follow: 35% lead, 65% follow
Portfolio highlights
- 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.
- Bearer — Bearer helps security teams at technology companies map data flows and mitigate data security risks across the software development lifecycle.
- Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.
Show more...Investment focus
- 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.
Weekend Fund is a venture capital and angel investing firm focused on making early-stage investments.
Show more...Investment focus
- Industry: Software, Information Technology, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, India, Canada
Investor stats
- Total investments: 51
- Lead/follow: no public data
Portfolio highlights
- Dealops — Dealops is the first deal pricing platform that brings commercial strategy and sales enablement into quoting. Sales moves fast, Finance stays in control, and every deal drives margin and growth.
- Blok — Prioritize the right experiments and simulate potential product decisions. Discover the future of product development driven by AI.
- Adaptive — A computer that anyone can program.
VC funding in Norway at a glance
Stats across 1.1k deals from 883 investors.
Access all 883 VC funds in Norway startups.
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