Top 50 VC (Venture Capital) Funds in Norway in May 2026
Top 50 VC (Venture Capital) Funds in Norway in May 2026
| Investor | Norway investments |
|---|---|
| Investinor | 46 |
| Skyfall Ventures | 35 |
| Alliance VC | 29 |
| Antler | 28 |
| Innovation Norway | 27 |
| ProVenture | 20 |
| SNÖ Ventures | 18 |
| SINTEF Venture AS | 18 |
| Arkwright X | 17 |
| RunwayFBU | 16 |
| Idekapital | 16 |
| Northzone | 13 |
| Ferd | 12 |
| MP Pensjon | 11 |
| Sondo Capital | 11 |
| DNB | 10 |
| Skagerak Maturo | 10 |
| Nysnø | 10 |
| Schibsted Growth | 9 |
| Wiski Capital | 9 |
| Momentum | 8 |
| Creandum | 7 |
| TeleVenture Management | 7 |
| Norselab | 7 |
| Link Venture Capital | 7 |
| Bring Ventures | 6 |
| Valinor AS | 6 |
| Viking Venture | 6 |
| Birk Venture | 5 |
| OBOS Forsikring | 5 |
| Luminar Ventures | 5 |
| Construct Venture | 5 |
| Stratel | 5 |
| CoFounder | 5 |
| Sandwater | 5 |
| Nordic Makers | 4 |
| Sarsia Seed Management | 4 |
| Digital Currency Group | 4 |
| TD Veen | 4 |
| Statkraft Ventures | 4 |
| Point Nine | 4 |
| Speedinvest | 4 |
| The Nordic Web Ventures | 4 |
| Maki.vc | 4 |
| Spintop Ventures | 4 |
| Concentric | 4 |
| Founders Fund | 4 |
| Farvatn Venture | 4 |
| Draper B1 | 3 |
| KOMPAS VC | 3 |
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Find investors — It's Free!Investinor invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion. The company has BNOK 4.2 ($500 m) under management and focus on companies within the internet, software, semiconductors, energy, cleantech, marine and life sciences sectors.
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- Software, Biotechnology, Manufacturing
- Funding Round, Series A, Seed
- Norway, United States, Sweden
Portfolio highlights
- Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
- Actithera — Actithera is a molecular radiotherapeutic company that develops radioligand therapies. It translates medicinal chemistry insights into new radioligand therapies (RLTs) and applies various molecular design strategies, including covalent targeting and an isotope-agnostic philosophy, to invent RLTs with significant differentiation and largertherapeutic windows.
- Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations
We are an early stage venture capital firm based in Oslo, Norway.
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- Software, Information Technology, Artificial Intelligence
- Pre-Seed, Seed, Funding Round
- Norway, Denmark, United States
Portfolio highlights
- Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
- Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.
- Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.
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- Software, Information Technology, Analytics
- Seed, Series A, Funding Round
- Norway, United States, Sweden
Portfolio highlights
- Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
- Tana — Tana is a software development company that reinvents how humans, teams, and computers work together. Tana was founded in 2020 and was headquartered in Oslo, Norway.
- Lightbringer — Experience the future of patent services with Lightbringer. Our AI-driven platform accelerates your patent process, ensuring efficiency and expertise from world-class patent attorneys.
Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!
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- Software, Artificial Intelligence, Information Technology
- Pre-Seed, Seed, Series A
- Singapore, Australia, United Kingdom
Portfolio highlights
- Synthium — Synthium offers Cognition-as-a-Service (CaaS) for consumer robotics, using gamified web-based simulations to crowdsource human cognitive data for training robot AI models. Users engage in robotics tasks like spatial navigation via webcam and microphone inputs, generating diverse datasets for model training across robot types such as humanoids anddrones. Data captures human intuition in dynamic environments, enabling scalable AI development without physical robots.
- Alchemyst AI — Alchemyst AI is an innovative generative AI software-as-a-service (SaaS) startup that leverages cutting-edge artificial intelligence technology to deliver unique solutions tailored to various industries. Alchemyst aims to empower businesses to harness the potential of generative AI for enhanced creativity, efficiency, and decision-making.We arebuilding force multipliers within teams across various verticals - starting with Maya, our first Alchemyst for Sales Development. We would soon be horizontally scaling to other roles as well, integrating into wherever you work.Since inception, we have taken a bottom-up approach to building our platform as opposed to a top-down approach usually seen in SaaS products - keeping the client experience first.
- Cooper Pet Care — Just Russel honden- en kattenvoeding op maat. Op basis van ras, leeftijd, gezondheid en gewicht. Makkelijker voor jou, beter voor je huisdier!
Innovasjon Norge - vi gir lokale ideer globale muligheter
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- Software, Information Technology, SaaS
- Grant, Seed, Funding Round
- Norway, Romania, United States
Portfolio highlights
- Avisomo — Avisomo is an AgriTech startup that develops vertical farming plant factory solutions. Avisomo's solutions use AI and robots to automate plant growth with a cost-cutting formula that makes vertical farming more profitable than ever. Avisomo offers everything required to start a plant factory, including know-how and guidance on how totransition from startup to stable production.
- Aurora Analytica — AI-powered clinical intelligence for CROs. Country strategy, feasibility simulation, and trial intelligence in one platform. ESMO-published. EIC-selected. Norway.
- Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).
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- Software, Oil and Gas, Manufacturing
- Seed, Funding Round, Series A
- Norway, United States, India
Portfolio highlights
- InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
- Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
- Cimon Medical — Cimon Medical develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow. The first product to be released in Q4 21 is NeoDoppler - non-invasive continuous monitoring of blood-flow in the brain of premature or critically ill infants.
SNÖ is an early stage venture capital firm that empowers Nordic technology entrepreneurs and startups. They founders are builders and entrepreneurs themselves, with unique digital expertise, and are extremely passionate about the various aspects that make a startup succeed.SNÖ is based in Oslo, Norway. It was founded by Magne Uppman and TeodorBjerrang in 2015.
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- Software, SaaS, Video Games
- Seed, Series A, Funding Round
- Norway, Vietnam
Portfolio highlights
- MusicInfra — Organizing connections between recordings, compositions, and rightsholder claims to reduce friction and enable monetization. AI-powered recognition and matching solutions for the music industry.
- Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.
- Nordic Air Defence — Nordic Air Defence builds cutting-edge solutions for modern aerial security. Made in Sweden.
We commercialize technology created by SINTEF's research environments
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- Software, Manufacturing, Energy
- Seed, Funding Round, Pre-Seed
- Norway, United States, United Kingdom
Portfolio highlights
- Nomono — Capture studio-quality podcasts with immersive 3D audio. Get professional mics, AI editing, and cloud storage in one system. Start your free trial today.
- Hystar — Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various criticalenergy challenges and having the potential to reduce greenhouse gas emissions.
- Hydrogen Mem-Tech — Hydrogen Mem-Tech aim is to make the green shift happen through our state-of-the-art hydrogen separation technology with carbon capture.
Leading Nordic venture capital firm investing in early-stage B2B startups
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- Software, SaaS, Information Technology
- Seed, Pre-Seed, Funding Round
- Norway
Portfolio highlights
- Qurrent — Qurrent provides intelligent software solutions that optimize, regulate, and automate the trading of decentralized renewable energy assets.
- Economic Mind — Economic Mind provides a bottom-up digital twin of the global economy. Access insights for over 100.000 markets, 10 million companies, 250 countries and 1000+ industries using the Economic Mind Strategy Portal.
- Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
RunwayFBU connects founders, industry, and capital to turn hard industrial problems into scalable companies.
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- SaaS, Software, Infrastructure
- Pre-Seed, Seed, Angel
- Norway, Italy
Portfolio highlights
- W•SENSE — W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions.
- Fortifai — Increase efficiency and oversight on Environmental, Social, & Governance (ESG) topics - reduce implementation costs by up to 80%, and get set up in 30-60 days.
- Shapemaker — Your new software for civil engineering design and analysis, starting off with telecommunication infrastructure.
We manage two investment funds with more than 1 bn NOK under management. We invest in high-growth software and technology companies.
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- Software, SaaS, Information Technology
- Seed, Series A, Funding Round
- Norway, United Kingdom
Portfolio highlights
- Völur — Ensuring optimal use of every single animal through cutting and processing.
- Muybridge — Reimagining cameras with weightless software-based viewpoint
- Simplifai — Simplifai is a holistic Artificial Intelligence (AI) company with the vision to empower tomorrow's digital winners and to release the full potential of human employees through the smart application of artificial intelligence and automation technology. The company's disruptive, hyper-automation solutions allow customers to automate workprocesses where free-text, natural language emails, documents, or chat are the information carriers. Its Emailbot can automate the handling of up to 80% of the inquiries in an average customer service center.Simplifai was established in 2017 and is headquartered in Oslo, Norway.
Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.
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- Software, FinTech, E-Commerce
- Series A, Series B, Seed
- United States, Sweden, United Kingdom
Portfolio highlights
- Duvo — Turn a simple conversation into end-to-end automation. In minutes. Duvo works across all your tools - even systems without APIs. No code. Enterprise-grade security. Works while you sleep.
- IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
- HappyOrNot — With HappyOrNot you learn when, where and why customers are happy or not. Take action and improve with real-time customer feedback insights.
Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.
Show more...Investment focus
- Software, Energy, Information Technology
- Funding Round, Private Equity, Series A
- Norway, Sweden, United States
Portfolio highlights
- wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
- Nofence — Manage your livestock from anywhere with GPS collars and a simple app. Unlock more acres, cut fencing costs, and run your operation on your terms.
- Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
MP Pensjon er pensjonskasse for TINE SA og norske datterselskaper. God og langsiktig forvaltning sikrer din pensjon.
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- Software, Information Technology, SaaS
- Funding Round, Seed, Series A
- Norway, Sweden
Portfolio highlights
- Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
- SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
- Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.
Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway
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- Software, Analytics, Real Time
- Seed, Pre-Seed, Series A
- Norway, United States
Portfolio highlights
- Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
- Installer — The only installation management platform yo'll ever need. Access a network of professional installer companies across categories.
- Lightsonic — We transform how critical infrastructure is monitored to help preserve and optimise natural resources, reduce carbon emissions, and create a more sustainable and resilient environment.
DNB is a financial services group that offers financial services through mobile, online banking, bank offices, and international offices. The Group provides a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. The company’s personal banking products andservices include savings and investment products.DNB offers its products and services to various sectors, including financial institutions, energy, manufacturing, healthcare, packaging, and forest products, shipping, offshore, and logistics, seafood, and telecom, media, and technology. They also distribute its products and services through its branches, in-store postal and banking outlets, and post office counters.DNB was founded in 1822 and is headquartered in Oslo, Norway.
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- Energy, Banking, Software
- Funding Round, Seed, Post-IPO Debt
- Norway, Sweden, Denmark
Portfolio highlights
- Mowi — Home - Mowi Company Website
- BW LPG — BW LPG is a logistics and transportation company that uses a fleet of maritime ships to carry liquefied petroleum gas. In houses, agriculture, transportation, and the chemical industry, liquefied petroleum gas is employed. The business is divided into two primary divisions: shipping and product services. Both buy and sell liquid petroleum gas andprovide delivery to consumers.
- Pacific Energy — Our innovative energy solutions are transforming the way power is generated, delivered, and managed across the nation.
As an early stage venture firm, we invest in companies with positive impact. Megatrends like climate change and resource scarcity are some of the challenges we are facing. We believe technological innovations will contribute to a positive impact on people and the planet.
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- Software, SaaS, Information Technology
- Seed, Series A, Funding Round
- Norway
Portfolio highlights
- Semine — The SEMINE.AI cognitive services offers shared service centers in enterprices and their developers to standardize the most labor-intensive financial object, using a semantic model for the classification of the invoice, and populate AI-models in order to enable automation. The automation includes cost distribution at both GL and dimension levels.Positioned as the market leader with AI in accounts payable the company is experiencing vast growth in the Nordics where most of the AP market leaders are born (Basware, Medius and Visma)
- OptoScale — OptoScale sells real-time monitoring equipment for fish farms. OptoScale engages in precision aquaculture, helping fish farmers unlock unprecedented productivity and sustainability gains.
- Ignite — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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
- Renewable Energy, Robotics, Software
- Funding Round, Series A, Series B
- Norway, United Kingdom
Portfolio highlights
- 44.01 — We offer a permanent CO2 storage solution using the natural power of mineralisation
- Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
- Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
Investing in great digital companies!
Show more...Investment focus
- Internet, Financial Services, E-Commerce
- Funding Round, Seed, Series A
- Sweden, Norway, France
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.
Venture capital firm focused on tech startups.
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- Software, Energy, Renewable Energy
- Seed, Funding Round, Pre-Seed
- Norway, Sweden
Portfolio highlights
- DREM — Simplifying distributed energy saving solutions
- Evyon — Eyvon is an electrical company that provides EV battery solutions to accelerate into a fully renewable future for everyone. The company's proprietary hardware and Battery Cloud ecosystem enable the conversion of EV batteries into high-quality, affordable, and plug-and-play battery energy storage systems.Eyvon's mission is to convertbattery waste into high-quality battery systems by repurposing discarded EV batteries. By leveraging a standardized and data-driven value chain, their ambition is to provide solutions at less than half the price of new ones.It was founded in 2020 and is based in Oslo, Norway.
- Cubit — No more old-school and time consuming applications made in the 90s. Welcome to the new generation of professional software, as user-friendly and smooth as your smartphone.
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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- Manufacturing, Software, Renewable Energy
- Seed, Funding Round, Series A
- Norway, Finland, United Kingdom
Portfolio highlights
- Enerin — Enerin reduces energy consumption and costs through our know-how within energy technology and operation of heating and cooling systems, including industrial heat pumps through our products Thermonitor, HoegTemp, WaveClean, Feedwater systems and Niprox water treatment.
- Glint Solar — Enabling developers to identify and analyze the best solar sites
- Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.
We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.
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- Software, Information Technology, FinTech
- Series A, Seed, Series B
- Sweden, Germany, United States
Portfolio highlights
- Vivino — Vivino empowers people everywhere to enjoy wine to the fullest. Vivino is the world's largest online wine marketplace and most downloaded wine app, powered by a community of millions. Vivino’s unique wine shopping experience uses community data to suggest personalized wine recommendations, make wine discovery, and purchase fun, accessible, andeffortless for wine drinkers of every level of expertise. The Vivino app is available for download on Android and Apple devices. The company was founded in 2010 and is headquartered in San Francisco, California.
- terralayr — At terralayr, we're not just offering storage and batteries; we're pioneering a new era of energy flexibility. In a world where renewable energy is on the rise, the need for flexibility in energy storage has never been more crucial. That's where we come in.
- Project Eaden — PROJECT EADEN combines pioneering technology and engineering expertise with an immense love for food and lust for life. For full indulgence. With zero guilt.
Making Venture Happen. Televenture is one of the leading venture capital companies in Norway.
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- Software, Manufacturing, Biotechnology
- Funding Round, Seed, Series A
- Norway, United States
Portfolio highlights
- CrayoNano — CrayoNano is a next generation semiconductor company. We specialize in nanotechnology that will enable a more sustainable and healthier life for tomorrow.
- Genetic Analysis — Genetic Analysis AS (GA) has the goal of being a leader within the field of molecular diagnostics of diseases related to gut imbalances. By utilizing the DNA-based GA-map™ array technology, profiles of a patient’s gut microbiota is quickly generated and can be related to various health conditions. Genetic Analysis has developed a DNA-basedtechnology platform that allows for simultaneous analysis of a large number of similarities (but not identical) gene fragments in one reaction. The company’s focus is to utilize this technology platform to identify variations in the hundreds of different bacteria that exist in the gut (large and small intestine). The GA - map makes it possible, for the first time, to offer a diagnostic solution – including early detection - for many diseases that are affected by imbalances in the gut microbiota. Genetic Analysis will offer kits and services for a wide range of applications.
- Stingray Marine Solutions — Stingray Marine Solutions is a Norwegian technology firm that produces a laser unit which, when lowered into salmon farming pens, kills sea lice. It is based on entrepreneur Esben Beck’s patented idea in 2010 for salmon louse removal using camera vision and laser. It all started with Esben Beck and a lathe in his basement in 1999. After more than10 years of deliveries to oil, gas and offshore companies, he decided to invest in his own products. He decided to found and develop his own salmon louse project, where design, production, software development, testing, and installation were carried out by using in-house resources.Stingray is based in Oslo, Norway.
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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- Software, SaaS, Agriculture
- Seed, Funding Round, Series A
- Norway, Switzerland, United States
Portfolio highlights
- Looping — Looping offers reuse as a service by substituting reusable transport packaging for single-use plastic products. It produces long-lasting and reusable transport wrapping for building modules, housing modules, and steel containers.
- Beefutures — Rooted in the beekeeping legacy and driven by expert engineering, Beefutures delivers accessible nature-based solutions to power a more sustainable world.
- Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
Link Venture Capital operates a series of early-stage investment funds.
Show more...Investment focus
- Software, Renewable Energy, Marine Technology
- Pre-Seed, Seed, Funding Round
- Norway, United Kingdom, The Netherlands
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,
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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- E-Commerce, B2B, Logistics
- Seed, Funding Round, Series A
- Sweden, Norway, United Kingdom
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.
Show more...Investment focus
- Robotics, Software, Renewable Energy
- Seed, Series A, Funding Round
- Norway, United Kingdom
Portfolio highlights
- Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
- Heaten — HeatBooster - Patented high-temperature heat pump technology reducing the reliance on fossil fuels by creating reusable energy.
- Sensonomic — Sensonomic helps you improve your land-based decisions by building digital versions of your operations. Test the outcome of your decisions before implementation.
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.
Show more...Investment focus
- Software, Oil and Gas, Energy
- Funding Round, Series A, Series B
- Norway, United States, United Kingdom
Portfolio highlights
- Signicat — Signicat is a digital identity service provider (DISP) and one of the leading providers of e-ID and e-signature solutions in Europe. The company delivers online trust based services to the public and private sector globally.The solutions fulfill operational capabilities in line with international standards and requirements, such as Privacy,Anti-Money Laundering (AML) and Anti-Terrorist legislation and regulations, as well as Know Your Customer (KYC) requirements for onboarding of new users.Signicat offers some of the most advanced solutions for electronic identity and electronic signatures. The goal is to enable customers to do business more effectively by delivering great user experiences for the end users and at the same time reduce the risk by using advanced security technology.The Signicat solutions are used by banks and financial institutions, insurance companies, government agencies and large corporations as well as small and medium sized businesses. Customers trust Signicat with the responsibility of authenticating users, providing electronic signing, identity proofing and document preservation.Banking grade SLAs are offered, matching customers need for scalability and reliability.Signicat was founded in 2006 as Kantega Secure Identity, a spin-off from Kantega (www.kantega.no). It is owned by Secure Identity Holding (SIH), Viking Venture and the employees.Signicat has offices in UK (London), Germany (Frankfurt), Netherlands (Amsterdam), Portugal (Lisbon), Denmark (Copenhagen), Sweden (Stockholm), Finland (Helsinki) and Norway (Trondheim and Oslo).
- EcoOnline — EcoOnline's easy-to-use software system is helping companies to transform their approach to health & safety, chemical safety, and learning data reporting.
- Asolvi — Industry leading Field Service Management Software. Search and find best solution. Meets high industry standards. Contact us for info and free demo.
Birk Venture is a Scandinavian venture company exclusively focusing on the life science industry.
Show more...Investment focus
- Biotechnology, Medical, Health Care
- Seed, Series A, Funding Round
- Norway, United Kingdom
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.
OBOS Forsikring is provides residential insurance services.
Show more...Investment focus
- Real Estate, Information Technology, Software
- Seed, Series A, Funding Round
- Norway
Portfolio highlights
- Plaace — Proptech company creating vibrant streets and cities by helping property owners choose and connect with the right concepts, at the right place, using the right data.
- Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
- Receipts — Receipts is a single set of APIs that connects cashier systems and banks, allowing for digital receipts, card identification, and retail value-added services.
Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.
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- Software, Information Technology, SaaS
- Seed, Series A, Funding Round
- Sweden, Norway, United States
Portfolio highlights
- Opper AI — Opper AI is a task completion API for AI. Reliably complete tasks with AI models. Ship AI assistants, agents and backend features that really work. Access 100+ models, built in quality process, observability and more.
- Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
- Motorica — Craft AAA animation in minutes with our Generative AI mocap actor. No capture. No cleanup. Just animate.
Early phase investor in ConstructionTech and PropTech powered by OBOS & AF
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- Software, Information Services, Information Technology
- Seed, Series A, Funding Round
- Norway, Spain
Portfolio highlights
- 7Analytics — 7Analytics delivers disruptive proptech solutions for sustainable cities. Our innovative FlomKuben software will utilize automatization and AI to allow rapid and safe analysis for stormwater management.
- Theoriq — Theoriq is a platform for limitless AI innovation built on the principles of composability, extensibility, and community-driven governance.
- Findable — Findable is an intelligent facility management system for public properties, commercial real estate and construction. We use AI to automate operations and manage your properties with data from your building documentation. Our user-friendly software helps your facility manager ensure compliance, reduce risk, and lower operation costs with powerful automation tools.
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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- Software, Robotics, Health Care
- Seed, Pre-Seed, Funding Round
- Norway, United Arab Emirates
Portfolio highlights
- Oivi — Smart and automated eye screening, anywhere.
- Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
- Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.
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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- Industrial, Manufacturing, SaaS
- Seed, Funding Round, Series A
- Norway
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.
We are Sandwater. Regeneration of our resources. Vitalizing healthcare & education. Improving life through technology.
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- Medical, AgTech, Agriculture
- Series A, Funding Round, Seed
- Norway, Germany, Sweden
Portfolio highlights
- Filics — A scalable transport solution for standardized load carriers with a minimum energy footprint
- Cytovation — Cytovation AS is a privately-held biotech company, specialising in dermatological diseases, based in Bergen, Norway.
- Enduro Genetics — Bioproduction can be difficult to scale to large cultivation volumes while keeping titers high. By applying game-changing synthetic biology technology, Enduro Genetics empowers our partner companies to maximize performance of all cells cultivated from their production strains.
Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.
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- Software, Education, Information Technology
- Seed, Series A, Pre-Seed
- Denmark, United States, Norway
Portfolio highlights
- KIME — KIME enables you to track visibility across various AI platforms, analyze competitor presence, and apply clear steps to improve positioning in high-value searches that increase brand recognition and business impact.
- DreamJay — We’re a team of scientists, designers and entrepreneurs working on digital solutions to empower people to sleep and dream better. After 3 years of research and experiments in a sleep lab as well as cooperation with sleep medicine experts, neuropsychologists, audiovisual researchers, we've found a way to improve sleep quality with activesleep stimulation. To make it accessible to the wide public we've developed the Nightly app - the world’s first app that actively stimulates you during sleep to make your sleep more efficient resulting in happier and healthier you. Nightly helps you fall asleep easily, reduces bad dreams & the number of awakenings during the night and also helps you get up by waking you up in the lightest sleep stage. Find out more at www.nightlyapp.co
- Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
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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- Biotechnology, Software, Pharmaceutical
- Funding Round, Seed, Series A
- Norway
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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- Blockchain, Cryptocurrency, FinTech
- Seed, Series A, Funding Round
- United States, United Kingdom, Singapore
Portfolio highlights
- Zabo — Zabo is an API for connecting to any crypto exchange, wallet, protocol or account. Sign up for access to free API keys at Zabo.com
- Ballet — Ballet Crypto is a companion mobile app, which enables sending of cryptocurrency, checking market value and activating additional currencies. The use of the mobile app is completely optional, as you do not need it to receive and store your cryptocurrency safely.
- FLock.io — FLock.io aims to build a decentralised privacy-preserving solution for Artificial Intelligence.
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.
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- Software, Internet, Video Streaming
- Funding Round, Seed, Series A
- Norway, United Kingdom, Germany
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
Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.
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- Renewable Energy, Energy, Big Data
- Funding Round, Series A, Series B
- Norway, France, Germany
Portfolio highlights
- zolar — With the zolar online configurator, homeowners can customise the components of their PV system to suit their individual requirements and receive personal assistance from one of our solar energy experts at the same time. zolar’s extensive network of local partner companies takes care of the installation on site. The Berlin-based start-up employsaround 200 employees across Germany and pursues the vision of installing a PV system on every roof in the world in order to make private households more independent from the mains grid. The dovetailing of energy generation, electricity storage and mobility allows customers to design electrified and smart households. As a next green energy company, zolar enables its customers to become energy providers for their own four walls, neutralise their carbon footprint and, in turn, make an effective contribution to climate protection.
- Deepki — Deepki accelerates transition towards net zero and sustainability, powered by ESG and data.
- Fluctuo — Keeping track of all the new mobility services requires a constant monitoring process, a reliable and exhaustive data source and a complete set of analytics tools.By providing powerful SAAS solutions to collect, analyze and visualize data, fluctuo reduces the time, efforts and costs to supervise & manage this new generation of transportationservices.
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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- Software, SaaS, Internet
- Seed, Series A, Series B
- Germany, United States, France
Portfolio highlights
- cargo.one — The cargo.one booking platform gives you access to real-time prices and available capacities of multiple airlines. Directly book online within seconds, 24/7.
- Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
- Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
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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- Software, FinTech, Financial Services
- Seed, Series A, Pre-Seed
- United Kingdom, Germany, Austria
Portfolio highlights
- Factris — We finance your open invoices so that you have the cash flow you need to grow your business. Your invoices, our financing! No more stress!
- Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
- Toqio — Toqio is a development and orchestration platform where you can build, configure, and launch corporate embedded finance solutions for merchant networks.
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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- Software, SaaS, Information Technology
- Pre-Seed, Seed, Angel
- Denmark, Norway, Sweden
Portfolio highlights
- Steep — Steep is an AI analytics platform built on governed metrics that powers analysis, reporting and company-wide engagement.
- All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
- Paraglide AI — Paraglide AI agents handle your financial inbox, automatically reply to invoice inquiries from clients, pursue past-due invoice payments, and customize collections at scale.
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.
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- Software, E-Commerce, Information Technology
- Seed, Series A, Funding Round
- Finland, Norway, Denmark
Portfolio highlights
- Disior — At Disior, we build software to measure and model tissue structures in CT- and MRI-images for better diagnosis and treatment planning.Our solutions are for clinical use. They enable fast, accurate and reproducible measuring for diagnostics and patient-specific, optimized treatment planning. Based on mathematical modelling, Disior algorithmsextract the correct shape or structure from the medical image. This way, the software is not dependent on finding familiar structures or comparing something to reference data. We combine engineering and R&D talent with medical and biotechnology professionals. Our team brings together decades of experience in creating world’s best simulation and modelling systems from smartphone R&D; clinicians and researchers in maxillofacial and orthopedics; and technology innovation and commercialization.For demo, pilots and research projects, please contact Anna-Maria Henell, CEO: +358 50 483 6433 / anna-maria (at) disior.com
- Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
- IXI — Discover adaptive glasses with autofocus lenses that adjust to your viewing needs, providing seamless clarity at any distance.
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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- Software, Information Technology, SaaS
- Seed, Funding Round, Series A
- Sweden, Finland, Norway
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.
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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- Financial Services, Software, E-Commerce
- Seed, Series A, Series B
- United Kingdom, United States, France
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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- Software, Health Care, Information Technology
- Series A, Seed, Series B
- United States, United Kingdom, Germany
Portfolio highlights
- Bev — Bev | zero sugar premium canned wine | crisp, dry & a lil' fizzy
- Vest — Vest is an app-based brokerage that wants to provide Latin American savers with access to American assets that are differentiated by product, pricing, and content. Latin Americans are known for saving, but many prefer to do so in cash or in zero-interest savings accounts.
- Enter — Talisman AI uses artificial intelligence to provide auditable and reliable legal drafting for lawyers.
Planet 9 Venture supports startups and work with venture funds to make a positive imprint on the world.
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- Water, Apps, SaaS
- Seed, Series A, Funding Round
- Norway, United States, United Kingdom
Portfolio highlights
- LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.
- Evari — Advanced manufacturer of next-gen turbocompressors, driving breakthrough heat pump performance
- Inherit Carbon Solutions — Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions.
We invest in you. Our commitment to innovation and entrepreneurship is your best ally to expand your business. Find out how we can boost your project!
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- Software, Information Technology, SaaS
- Seed, Funding Round, Pre-Seed
- Spain, United States, Italy
Portfolio highlights
- 8Layers — 8Layers offers Cloud Identity Threat Detection and Response with real-time CITDR, UEBA, and automated solutions to reduce costs and SIEM load.
- Kuikads — Kuikads enables businesses to create and distribute personalized marketing videos via API using user data across messaging.
- Vixiees — Vixiees is an application that provides omnichannel tools, team monitoring productivity, analytics, sales and lead management services.
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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- Software, Construction, Information Technology
- Series A, Seed, Series B
- Germany, Israel, United States
Portfolio highlights
- Tibo Energy — To make sure you operate within the limits of your contract we control your network. We avoid congestion in your energy network.
- NeoLogic (VLSI) — NeoLogic was founded to address the increasing workloads of video, artificial intelligence, machine learning, data analytics, and more in the cloud and at the edge. we developer a unique technology that cuts down the transistor count of circuits by a factor of up to 3x at any technology node.
- Makersite — AI, data and apps for procurement, product design and expert teams to make faster sustainable product and supply chain decisions, at scale.
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