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Top 10 Web3 Angel Investors in Norway in September 2025

Last updated: Sep 2025 A list of 10 angel investors that invest in Web3 startups based in Norway. We rank investors based on the number of investments they made in Web3 companies from Norway. We update this investor list every month.

Top 10 Web3 Angel Investors in Norway in September 2025

Investor	Web3 Norway investments
Calvin Liu	1
Matteo Leibowitz	1
Jason Choi	1
Stani Kulechov	1
Stefan George	1
Jake Brukhman	1
Ryan Sean Adams	1
Luis Cuende	1
Anthony Sassano	1
Regan Bozman	1

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Investor list

Calvin Liu is the Chief Strategy Officer at EigenLayer. He attended Cornell University.

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Investment focus

Blockchain, Software, Cryptocurrency
Seed, Pre-Seed, Series A
United States, Singapore, China

Portfolio highlights

Pi Squared — Pi Squared is building the first fully decentralized Web3 infrastructure that delivers 100,000+ TPS, sub-100ms finality, and is verifiable by design.
Valhalla — Valhalla is a decentralized exchange platform provider that allows users to trade cryptocurrencies directly from their wallets without relying on intermediaries.
Plume Network — Plume is the first modular L2 blockchain for RWAs that simplifies onchain asset deployment while fostering a composable ecosystem through DeFi applications

Matteo Leibowitz

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Investment focus

Computer, Ethereum, Software
Seed
Norway

Portfolio highlights

Dune Analytics — Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free.

Jason Choi

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Investment focus

Computer, Ethereum, Software
Seed
Norway

Portfolio highlights

Dune Analytics — Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free.

Stani Kulechov is the founder and CEO of Aave and ETHLend. He is a seasoned entrepreneur with extensive experience developing technology in the crypto, blockchain, and fintech space. Stani is also a mentor to many founders and advisors of ICOs and blockchain projects and has spoken at numerous FinTech, Blockchain and cryptocurrency events,particularly on topics related to Ethereum Smart Contracts.

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Investment focus

Blockchain, Cryptocurrency, Financial Services
Seed, Series A, Pre-Seed
United States, Australia, United Kingdom

Portfolio highlights

Bloom — Bloom is creating the social layer for modern finance, transforming your performance into social content that others can discover, replicate, and learn from.
RISE Chain — RISE is a next-generation Ethereum Layer 2 blockchain designed to redefine blockchain performance by delivering near-instant transaction confirmations at unprecedented scale, all while upholding Ethereum’s foundational principle of decentralization
Chronicle Labs — Evolving from the Oracle Core Unit at MakerDAO, Chronicle Protocol was created by the unit’s development team. Although the Oracles that underpinned Chronicle Protocol had been securing MakerDAO’s $10B+ collateral since 2016, the technology and its unique innovations weren’t available outside of Maker’s portfolio.In 2021, the team receivedsupport from MakerDAO to spin out the proprietary technology and form a new entity and brand. Chronicle Protocol was born.Chronicle continues to service MakerDAO and now, for the first time, is rolling out its on-chain Oracle services to support the wider Web3 world.Chronicle Protocol has been developed to solve many of the current pain points of on-chain Oracles and DeFi. On-chain Oracles, particularly on computationally expensive blockchains such as Ethereum, are bottlenecking the development of DeFi with an exorbitant cost of service and a lack of feasible scalability. Through developing a proprietary solution called Scribe, the team at Chronicle has built a blockchain-agnostic, ubiquitously accessible, scalable, end-to-end verifiable, and decentralized Oracle. The protocol’s unique architecture enables an ecosystem that delivers 100% decentralization and transparency. Every byte of data can be traced back to each Feed’s original data source queries, and new Oracles can be deployed (and updated) with the click of a button on the Chronicle Dashboard.Inspired by Ancient Greece’s Herodotus (the Father of History), Chronicle Protocol aims to be the world’s first open and verifiable data chronicler. Transparency, democracy, and accessibility are the columns on which Chronicle has built its temple, and industry-leading scalability, integration, and security are the features that power the protocol.Verifiable data, accessible to all - delivered securely and affordably.

Stefan George - Co-Founder & CTO @ Gnosis

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Investment focus

Blockchain, Software, Cryptocurrency
Seed, Series A, Angel
United Kingdom, Norway, Germany

Portfolio highlights

kpk — Market leaders in onchain asset management, karpatkey helps crypto organisations grow their assets responsibly and sustainably. We provide active treasury management, financial services, ecosystem growth and risk management solutions.
Blockscout — Blockscout is optimized for next-level blockchain exploration. Multi-chain, highly configurable, and open-source, the explorer portal opens up access to all chain data and functionality.
Rarimo Foundation — Rarimo Foundation, which aims to facilitate the development and growth of a new generation of social applications.

Jake Brukhman is the Founder and Chief Executive Officer at CoinFund.

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Investment focus

Blockchain, Financial Services, Cryptocurrency
Seed, Series A, Pre-Seed
United States, Singapore, Norway

Portfolio highlights

Dune Analytics — Blockchain ecosystem analytics by and for the community. Explore and share data from Ethereum, Bitcoin, Polygon, BNB Chain, Solana, Arbitrum, Avalanche, Optimism, Fantom and Gnosis Chain for free.
Syndicate — Syndicate enables developers to create scalable, atomically composable appchains with complete control over the network, sequencer, and economy.
Pluralis Research — Pluralis Research operates as an AI start-up that uses decentralized training to create open-source AI.

Ryan Sean Adams

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Investment focus

Blockchain, Cryptocurrency, Finance
Seed, Series A, Angel
United States, United Kingdom, Spain

Portfolio highlights

Rep3 — Rep3 is a Web3 community management application. Rep3 uses gamification methods to assist lps encryption projects in managing communities, members, and contributions.
Pimlico — Leverage Pimlico to get more users by unlocking the full potential of gas sponsorships.
Soul Wallet — Soul Wallet is a smart contract wallet.

Luis Cuende is the Co-founder and President of CitizenX. He previously worked at Aragon One as a CEO.

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Investment focus

Software, Computer, Ethereum
Seed, Series A
Norway, Germany

Portfolio highlights

Outdid — Verify identities with no storage, processing, or access of private personal information
Anytype — for those who celebrate trust & autonomy.
Syndicate — Syndicate enables developers to create scalable, atomically composable appchains with complete control over the network, sequencer, and economy.

Anthony Sassano is a Product Marketing Manager at Set Labs. He attended La Trobe University.

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Investment focus

Blockchain, Software, Financial Services
Seed, Series A, Funding Round
United States, Canada, United Kingdom

Portfolio highlights

Valantis Labs — Valantis is a platform comprising decentralized exchanges (DEXes) and on-chain tools that empower developers to design and implement custom liquidity infrastructure for blockchain ecosystems. Using modular components, Valantis streamlines the process, making it faster, cost-effective, and user-friendly.
Zaros Finance — Zaros is a protocol that provides efficient liquidity, boosts staking rewards from LSTs, and aims to become the preferred liquidity hub for on-chain derivatives.
Creadibly Neutral — Credibly Neutral is a builder-led early stage venture fund investing $50-250k in protocols, infrastructure, and crypto SaaS.

Regan Bozman is a Director Of Business Operations at CoinList.

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Investment focus

Cryptocurrency, Blockchain, Web3
Seed, Pre-Seed, Series A
United States, China, Canada

Portfolio highlights

OpenSea — OpenSea is a peer-to-peer marketplace for crypto collectibles and non-fungible tokens. It includes collectibles, gaming items, and other virtual goods backed by a blockchain. On OpenSea, anyone can buy or sell these items through a smart contract.
Watches.io — Watches.io seeks to ease the tracking, selling, and purchasing process for luxury watches, a market that is rapidly expanding in popularity among Gen Z and millennials. Watches.io is the e-commerce peer-to-peer marketplace for physical goods to be developed using Web3 technology. The smart contract-powered platform allows users to track their watchportfolios in real time, pursue diversification possibilities, and perform seamless buy/sell transactions.
Syndicate — Syndicate enables developers to create scalable, atomically composable appchains with complete control over the network, sequencer, and economy.

Investors by industry

Artificial intelligence

Venture Capital

Financial Services

Food and Beverage

Enterprise Software

Mobile Advertising

Wine And Spirits

Renewable Energy

Machine Learning

Agriculture (agtech)

Media (entertainment)

Investors by country

Dominican Republic

Russian Federation

United Arab Emirates

Marshall Islands

Angel Investors in Norway by industry

Financial Services

Enterprise Software

Artificial intelligence

Renewable Energy

Food and Beverage

Media (entertainment)

Machine Learning