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Top 50 Artificial Intelligence Startup Investors in Norway (October 2023)

The most active venture capital funds and angel investors investing in Norway Artificial intelligence startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Artificial intelligence startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Investinor
VC Fund
7 Norway, United States, Switzerland Seed, Series A Software, Biotechnology, Manufacturing $160k–$13M
Skyfall Ventures
VC Fund
7 Norway, Denmark, United States Pre-Seed, Seed Software, Information Technology, Artificial Intelligence $270k–$5.4M
SNÖ Ventures
VC Fund
6 Norway, Vietnam Seed, Series A Software, SaaS, Video Games $899k–$5M
Alliance
VC Fund
6 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics $840k–$12M
Concentric
VC Fund
4 United Kingdom, United States, Norway Seed, Series A, Series B Financial Services, Software, E-Commerce $857k–$225M
Idekapital
VC Fund
4 Norway, United Kingdom Seed, Series A Software, SaaS, Artificial Intelligence $162k–$14M
ProVenture
VC Fund
3 Norway, United States, India Seed, Series A Oil and Gas, Software, Information Technology $744k–$6.4M
Arkwright X
VC Fund
3 Norway Seed, Pre-Seed Software, SaaS, PaaS
Kistefos Venture Capital
VC Fund
3 Norway, Singapore, Sweden Seed, Series A Software, FinTech, Financial Services $700k–$1.5M
Valinor AS
VC Fund
3 Norway, United Kingdom Seed, Series A Renewable Energy, Robotics, SaaS $1.8M–$2.3M
Antler
VC Fund
3 Singapore, United Kingdom, Australia Pre-Seed, Seed, Series A Software, Information Technology, SaaS $100k–$29M
DNB
VC Fund
3 Norway, Sweden, Denmark Seed, Post-IPO Debt Energy, Banking, Software $600k–$429M
Stratel
VC Fund
3 Norway, United Arab Emirates Seed Robotics, Software, 3D Technology $320k–$1.8M
Arali Ventures
VC Fund
2 India, United States, Norway Seed, Series A, Pre-Seed Artificial Intelligence, Software, Machine Learning $500k–$34M
Construct Venture
VC Fund
2 Norway Seed, Series A Information Technology, Real Estate, Information Services
TRK Group
VC Fund
2 Norway, Kenya Pre-Seed, Seed Artificial Intelligence, SaaS, Internet $400k–$510k
Nicolaj Nielsen
Angel
2 Denmark, Norway Pre-Seed Information Technology, Artificial Intelligence, SaaS $72k–$1.1M
Butterfly Ventures
VC Fund
2 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $214k–$2M
Innovation Norway
VC Fund
2 Norway, Romania, United States Grant, Seed Software, Information Technology, Artificial Intelligence $41k–$3.6M
Lyse Group
VC Fund
2 Norway Seed SaaS, Water, Analytics
Anne Worsoe
Angel
2 Norway, United States, Denmark Pre-Seed, Angel Artificial Intelligence, Information Technology, Financial Services $647k–$1.1M
Simula Innovation
VC Fund
2 Norway Pre-Seed Software, Machine Learning, Artificial Intelligence
Bogomil Balkansky
Angel
1 United States, Bulgaria, Israel Seed, Series A, Series B Software, SaaS, Enterprise Software $321k–$19M
David Clarke
Angel
1 Denmark, Germany, Ireland Seed, Series A, Pre-Seed Software, Information Technology, SaaS
VNTRS
VC Fund
1 Norway Pre-Seed SaaS, Software, Data Center
Maki.vc
VC Fund
1 Finland, Germany, United Kingdom Seed, Series A Software, SaaS, E-Commerce $750k–$12M
Sondo Capital
VC Fund
1 Norway Pre-Seed Other, Design
Eytan Elbaz
Angel
1 United States, France, Norway Seed, Series A, Series B Internet, Software, SaaS $2M–$16M
Skagerak Maturo
VC Fund
1 Norway Seed, Series A Software, Information Technology, SaaS $926k–$7.5M
Saudi Aramco Energy Ventures
VC Fund
1 United States, United Kingdom, Norway Series C, Series B Energy, Oil and Gas, Software $4M–$100M
Coalition for Epidemic Preparedness Innovations
VC Fund
1 United States, India, Canada Grant, Seed, Post-IPO Debt Biotechnology, Health Care, Pharmaceutical $4.3M–$42M
TeleVenture Management
VC Fund
1 Norway, United States Seed, Series A Manufacturing, Software, Information Technology
The Index Project
VC Fund
1 United States, Denmark, Chile Seed, Series A, Series B Artificial Intelligence, Chemical, SaaS $1.1M–$3M
Beat Ventures
VC Fund
1 United States, Norway Seed Software, SaaS, Internet
Chris Murphy
Angel
1 United States, Germany, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $1.8M–$16M
Anders Lassen
Angel
1 Norway Video, Mobile, Big Data
Per Lachenmeier
Angel
1 Norway Pre-Seed Robotics, Software, Industrial Automation
Tiger Global Management
VC Fund
1 United States, India, China Series B, Series A, Series C Software, FinTech, Financial Services $5M–$298M
Carsten Thoma
Angel
1 Germany, United States, Spain Seed, Pre-Seed, Series A Software, SaaS, Information Technology $670k–$10M
Alliance Ventures
VC Fund
1 United States, China, Israel Series B, Series C, Series A Software, Automotive, Artificial Intelligence $12M–$18M
Nordic Impact
VC Fund
1 Norway Seed Chemical, Life Science, Visual Search
Kinled Holding
VC Fund
1 United Kingdom, United States, Switzerland Series A, Seed Health Care, Biotechnology, Software $220k–$17M
Malling & Co Venture
VC Fund
1 Norway Seed SaaS, Software, Construction
Invest Northern Ireland
VC Fund
1 United Kingdom, United States, Ireland Grant, Seed Health Care, Biotechnology, Medical $37k–$3.7M
MP Pensjon
VC Fund
1 Norway Seed, Series A Software, SaaS, AgTech
Type One Ventures
VC Fund
1 United States, United Kingdom, Canada Seed, Series A, Pre-Seed Space Travel, Aerospace, Robotics $2.2M–$28M
Melesio Capital
VC Fund
1 Norway Series A Software, Machine Learning, Artificial Intelligence
Green Campus Innovations Oy
VC Fund
1 Finland Seed Energy, Battery, Biotechnology
Voima Ventures
VC Fund
1 Finland, Norway, Sweden Seed, Pre-Seed Biotechnology, Health Care, Software $429k–$3.2M
Ferd
VC Fund
1 Norway, Sweden, United States Private Equity, Post-IPO Equity Energy, Software, Manufacturing $1M–$38M
Access all 50 investors in Norway Artificial intelligence startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 7 investments in Norway Artificial intelligence startups

Investinor invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion. The company has BNOK 4.2 ($500 m) under management and focus on companies within the internet, software, semiconductors, energy, cleantech, marine and life sciences sectors.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, United States, Switzerland

Investor stats

  • Total investments: 105
  • Round size: Seed $160k–$2M; Series A $1.8M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — last raise in 2011

Portfolio highlights

  • Eyr — Eyr offers digital tools for medical consulting and doctor's prescription regarding various health issues.
  • Nomono — The Next Generation Audio company.
  • Ignite Procurement — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 7 investments in Norway Artificial intelligence startups, 8 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed
  • Geography: Norway, Denmark, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $656k–$5.4M; Pre-Seed $270k–$1.6M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • Databutton — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
  • Optio Incentives — Optio helps businesses incentivize employees, manage equity, stay compliant, and report costs with our software and advisory
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SNÖ Ventures
VC Fund · Oslo, Oslo, Norway · 6 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Software, SaaS, Video Games
  • Stage:Seed, Series A
  • Geography: Norway, Vietnam

Investor stats

  • Total investments: 19
  • Round size: Seed $899k–$5M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Breyta — Unify your customer and user data to get actionable insights throughout your customer lifecycle.
  • Stablegains — No hidden fees, no minimum balances, no commitment periods. Takes only a few minutes to get started.
  • Ignite Procurement — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Alliance
VC Fund · Oslo, Oslo, Norway · 6 investments in Norway Artificial intelligence startups, 7 in the past 12 months

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders.

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Investment focus

  • Industry: Software, Information Technology, Analytics
  • Stage:Seed, Series A
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 61
  • Round size: Seed $840k–$4M; Series A $1.8M–$12M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • P0x Labs — P0x labs is the team behind Manta Network is a privacy-preserving technology operating on the Polkadot blockchain.
  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • Xverse — Xverse is the most advanced and user-friendly Bitcoin wallet. Earn BTC, trade Ordinals, and connect to Web3 apps powered by Stacks. Download for iOS, Android and Chrome.
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Concentric
VC Fund · London, England, United Kingdom · 4 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Financial Services, Software, E-Commerce
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Norway

Investor stats

  • Total investments: 69
  • Round size: Seed $857k–$4.6M; Series A $1.7M–$13M; Series B $1.2M–$225M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Relai — Relai is a Bitcoin investment app that allows anyone to buy bitcoin within one minutes or set up an automated savings plan.
  • ThingTrax — Realise improved efficiency, quality control, employee safety and productivity by modernising your factories with ThingTrax's AI and IoT
  • Superscript — Specialist insurance advice for digital businesses and emerging risk. Get business insurance that's as cutting edge as you are. Book a call.
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Idekapital
VC Fund · Oslo, Oslo, Norway · 4 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 26
  • Round size: Seed $162k–$4.4M; Series A $2.7M–$14M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Appfarm — Quickest way to develop apps
  • 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.
  • Kongsberg Digital — Kongsberg Digital offers transformative technology and deep expertise to help industrial companies achieve increased productivity and growth.
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ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway · 3 investments in Norway Artificial intelligence startups

ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).

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Investment focus

  • Industry: Oil and Gas, Software, Information Technology
  • Stage:Seed, Series A
  • Geography: Norway, United States, India

Investor stats

  • Total investments: 36
  • Round size: Seed $744k–$6.4M; Series A $4.9M–$5.4M
  • 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 — Lageret som henter og leverer hjemme. Rimelig, trygt, enkelt!
  • Cimon Medical — Cimon Medical develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow. The first product to be released in Q4 21 is NeoDoppler - non-invasive continuous monitoring of blood-flow in the brain of premature or critically ill infants.
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Arkwright X
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Artificial intelligence startups

Arkwright X is the place for aspiring startups to innovate and develop. We accelerate your journey to success through a pre-seed capital injection, top quality working environment, strategy sparring & advice, and access to Arkwright's extensive network.

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Investment focus

  • Industry: Software, SaaS, PaaS
  • Stage:Seed, Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 12
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Appfarm — Quickest way to develop apps
  • Databutton — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
  • Ignite Procurement — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
Show all investments...

Kistefos Venture Capital
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A
  • Geography: Norway, Singapore, Sweden

Investor stats

  • Total investments: 17
  • Round size: Seed $700k–$1.5M
  • Lead/follow: 59% lead, 41% follow

Portfolio highlights

  • Surer — Surer is a cloud-based insurtech platform with a digital ecosystem of intermediaries and insurers. It provides tech solutions to help orchestrate the network in the insurance industry enabling insurance intermediaries to close deals with greater speed and allows insurers to distribute their product with better efficiency.
  • Workclass — Apply for any jobs and get hired in 24 hours now!
  • bluesheets — Build a solid data foundation with Bluesheets, the all-in-one tool that connects, categorises and automates your finanical data. Set up once, automate forever.
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Valinor AS
VC Fund · Stavanger, Rogaland, Norway · 3 investments in Norway Artificial intelligence startups

Established in 1996 as Norsk Vind AS, re-branded Valinor AS in 2019, the company is a family owned investment firm that holds controlling interest in Norsk Vind Energi AS, Norway's largest private wind company. The company re-invests 90% of its profits into clean tech and renewable energy companies worldwide. Its largest investments includeglobal leader in electricity infrastructure Zaptec, and solar energy developer Norsk Solar AS.

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Investment focus

  • Industry: Renewable Energy, Robotics, SaaS
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 8
  • Round size: Seed $1.8M–$2.3M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Aivero — All-in-one platform for 2D & 3D camera fleet management. Visual data for AI models that help you automate computer vision tasks with precision.
  • Heaten — HeatBooster - Patented high-temperature heat pump technology reducing the reliance on fossil fuels by creating reusable energy.
  • 1X — At Halodi Robotics we are passionate about robots. Our mission is to bring capable humanoid robots to everyone. We develop safe, capable and affordable robots that help human beings live better lives!
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Antler
VC Fund · Singapore, Central Region, Singapore · 3 investments in Norway Artificial intelligence startups, 118 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, United Kingdom, Australia

Investor stats

  • Total investments: 363
  • Round size: Seed $510k–$7.5M; Pre-Seed $100k–$1M; Series A $600k–$29M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FitFlo — FitFlo brings to life the connected gym experience for Operators, Trainers and Members.
  • Mole — Mole is a digital business card and mobile website software. Connect with your clients, promote your business online and much more. Comes with free customised NFC business card.
  • Optacloud — Fostering a global AI powered ecosystem to achieve 100% cloud efficacy-> effortlessly, economically and eco-consciously. Dev tools stack for automating the entire development lifecycle of cloud apps across- Build, Deploy & Optimize.
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DNB
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Energy, Banking, Software
  • Stage:Seed, Post-IPO Debt
  • Geography: Norway, Sweden, Denmark

Investor stats

  • Total investments: 23
  • Round size: Seed $600k–$1.1M; Post-IPO Debt $138M–$429M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Climeon — The Climeon Heat Power system, converts waste heat and geothermal heat into clean electricity. Saving fuel and electricity cost - as well as the environment.
  • Edify Energy — Edify Energy is a renewable energy company that specializes in solar project structuring, investments, and financing services.
  • Ocean GeoLoop — Ocean GeoLoop captures and stores or utilizes CO2 naturally. With no use of chemicals, toxins or other harmful consumables.
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Stratel
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Robotics, Software, 3D Technology
  • Stage:Seed
  • Geography: Norway, United Arab Emirates

Investor stats

  • Total investments: 5
  • Round size: Seed $320k–$1.8M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Oivi — Smart and automated eye screening, anywhere.
  • Aivero — All-in-one platform for 2D & 3D camera fleet management. Visual data for AI models that help you automate computer vision tasks with precision.
  • HotelOnline — HotelOnline is the #1 revenue partner for the hospitality sector in Africa. More than 5,000 accommodation and restaurant partners in 24 countries have increased their revenue, and improved their customer experience with HotelOnline's technology-driven solutions. The HotelOnline Group includes Cloud9 - Africa's Lifestyle Network.
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Arali Ventures
VC Fund · Bangalore, Karnataka, India · 2 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Norway

Investor stats

  • Total investments: 18
  • Round size: Seed $550k–$3.5M; Pre-Seed $500k–$1.6M; Series A $7M–$34M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • FinBox — FinBox is an ISO27001 compliant, technology and data science product company. FinBox works with banks & NBFCs to digitise their customer journeys & to help them underwrite NTC customers using alternative data from the smartphone.
  • Frigate — Frigate Engineering Services Private Limited bridges the gap between innovation and practice, by imparting clever and inventive ideas proposed by startups or industries and building mthe to life by ingeniously planning and designing the said idea into well-engineered products using sustainable design processes.At Frigate, we aim to achievesimplicity in complex tasks by designing and producing products that would be of great use for small scale businesses, farmers and even us in our day to day lives. We find and solve various problem statements identified in the daily world and build from scratch, interesting eco-friendly products/prototypes based on the required need.Our Manufacturing Capabilities ranging from1.Sheet metal Fabrication-Light Engineering from MS to SS to Aluminium. 2.Heavy Engineering fabrication starting from 5 tons-10 tons 3.All kinds of machining with in-house lathe, VMC and laser cutting facilities 4.3D printing from FDM,SLS,SLA 5.Injection Moulding and die making 6.Vaccum casting
  • HBox — HBox is a comprehensive remote healthcare solution for the healthcare industry.
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Construct Venture
VC Fund · 2 investments in Norway Artificial intelligence startups

Construct Venture is a NOK 80M joint fund between AF Gruppen and OBOS making investments in building and construction industry.

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Investment focus

  • Industry: Information Technology, Real Estate, Information Services
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

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.
  • Wanda — Lageret som henter og leverer hjemme. Rimelig, trygt, enkelt!
  • Findable — Findable is a SaaS platform that automates document workflows by utilising AI/ML. It allows building owners, operators and general contractors to reduce manual work and increase document quality. This is essential for compliance, sustainability and efficient facility management.Findable was launched in 2020 with a mission to unlock the valuein the building documentation and make it more accessible.
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TRK Group
VC Fund · 2 investments in Norway Artificial intelligence startups

An Oslo-based Advisory and Active Ownership Firm.

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Investment focus

  • Industry: Artificial Intelligence, SaaS, Internet
  • Stage:Pre-Seed, Seed
  • Geography: Norway, Kenya

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $400k–$510k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
  • Vilect AI — Vilect is a recruitment software for store managers. The system identifies the most relevant candidates and lets the hiring manager screen recorded video interviews integrated directly into the system - store managers can see their fit, personality, drive, and motivation and save time and money.
  • Travelin.ai — Business and Leisure travel no longer just exist in silos but are intertwined. Travelin.ai is the Next Generation Corporate Travel Management Platform which reflects the true way we live, work and travel.
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Nicolaj Nielsen
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Norway Artificial intelligence startups

Nicolaj nielsen is an investor at IDUN audio. attended INSEAD MBA, General Management.

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, SaaS
  • Stage:Pre-Seed
  • Geography: Denmark, Norway

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $72k–$1.1M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Crowdbook — SaaS solution for hotels and conference centers that enables online booking of meetings and events. No more waiting for quotes or managing inquiries and bookings manually. A fully digital and automated booking experience for all.
  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • Hyphen - Personal AI made private — Kin, by Hyphen, is the world's first 100% private personal AI powered by self-sovereign identity and decentralized infrastructure. Through natural conversation, Kin evolves intimate understanding of you while you maintain complete data control. This enables Kin to provide tailored utility - from productivity tips to life advice - withoutcompromising privacy. Kin combines the customization of AI with the empathy of a close confidant. It journeys with you across devices as your personalized life companion. With Hyphen, your personal data finally works fully for you, not for corporations. Kin helps you succeed on your terms with assurance that your privacy stays protected.
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 2 investments in Norway Artificial intelligence startups

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 69
  • Round size: Seed $214k–$2M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Reactional Music — GESTRUMENT is the revolutionary gesture based instrument.
  • EmbeDL — Efficient Deep Learning for Embedded Systems
  • Retein — Aquammodate is a greentech company that produces highly pure water at minimum energy cost.
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Innovation Norway
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Artificial intelligence startups

Innovasjon Norge - vi gir lokale ideer globale muligheter

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Seed
  • Geography: Norway, Romania, United States

Investor stats

  • Total investments: 54
  • Round size: Seed $47k–$3.6M; Grant $41k–$1.1M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • AlumatIQ — AlumatIQ specializes in industrial robotics, automation, and digitalization in the aluminum industry. Their first product is robotic automation of the anode change process, with high accuracy, consistency, and speed. Improves health and safety conditions for operators in pot rooms and reduces emissions of HF and greenhouse gases.
  • Hyperhuman — Hyperhuman is the AI-powered video platform for health & fitness. Drive engagement, boost loyalty, attract leads, and streamline your video production.
  • Intoto — Intoto is a Company from Norway providing real-time data from rivers and streams.
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Lyse Group
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway Artificial intelligence startups

Lyse er et norsk industrikonsern med virksomhet innen energi, telekommunikasjon og infrastruktur.

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Investment focus

  • Industry: SaaS, Water, Analytics
  • Stage:Seed
  • Geography: Norway

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

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.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Heimdall Power — Heimdall Power offers a rapid transition to fully digitized electric grid assets. Our technology increases on average the capacity of the grid by 30%.
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Anne Worsoe
Angel · Oslo, Oslo, Norway · 2 investments in Norway Artificial intelligence startups

I work with early-stage technology startups and founders with ambitions to solve global challenges. I'm co-founder and partner at Farmhouse, investing primarily in Norwegian startups, and a venture partner at Antler, a global early-stage VC. Previously, I held the position as Portfolio Manager and Partner at B&B while the company scaledfrom 16 to 60+ people in three countries. I initiated and co-founded the co-working space Nordic Innovation House in Silicon Valley, explored new business opportunities in the renewables industry and I was the first CEO of the Norwegian Venture Capital & Private Equity Association. I have experience as a co-founder, angel investor, member of the Board of Directors for startups and VCs, focusing on early-stage ventures, growth, and internationalization. I'm passionate about helping startups scale their impact, and especially empowering female co-founders and angel investors.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Financial Services
  • Stage:Pre-Seed, Angel
  • Geography: Norway, United States, Denmark

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $647k–$1.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Ownersroom — Handle your investor network like a professional, providing a single entry point to all the information they need!
  • SafetyWing — Health and insurance products for remote companies and remote workers worldwide, as a replacement for national welfare systems.
  • Savvie — Savvie is your sales forecasting tool, waste tracking tool, sold-out tracker, ordering solution, product manager and analytics dashboard all in one intuitive app. We help you reduce food waste while maximizing sales with our one-click solution for store management.
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Simula Innovation
VC Fund · Fornebu, Akershus, Norway · 2 investments in Norway Artificial intelligence startups

Simula Innovation is an early-stage technology investor.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • Savvie — Savvie is your sales forecasting tool, waste tracking tool, sold-out tracker, ordering solution, product manager and analytics dashboard all in one intuitive app. We help you reduce food waste while maximizing sales with our one-click solution for store management.
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Bogomil Balkansky
Angel · San Francisco, California, United States · 1 investments in Norway Artificial intelligence startups

Bogomil Balkansky is a Partner at Sequoia Capital. He started his career as a management consultant at McKinsey & Company. Bogomil holds a bachelor of arts in Mathematics from Cornell University and an MBA from Stanford Graduate School of Business.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Bulgaria, Israel

Investor stats

  • Total investments: 36
  • Round size: Seed $321k–$4.8M; Series A $17M–$19M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
  • Stoke — Fiverr Enterprise is a SaaS platform which helps companies source, onboard, manage, and pay your freelance talent legally and compliantly.
  • Promethium — Promethium is an augmented data management provider with the first AI-powered solution that combines natural language processing (NLP) with automated data prep to deliver true self-service analytics. Users simply ask a question in natural language, and Promethium locates the data, demonstrates how it should be assembled, automatically generates theSQL statement to get the right data, and executes the query across multiple repositories.
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David Clarke
Angel · San Francisco, California, United States · 1 investments in Norway Artificial intelligence startups

David Clarke is the Venture Partner at Frontline Ventures. He attended Trinity College Dublin during 1989-1993.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Denmark, Germany, Ireland

Investor stats

  • Total investments: 11
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shackle — Shackle is an app uses by hotels to provides and maintain hassel free hospitality services in a digital way to guests and travelers.
  • Procuros — More and more sales teams struggle with supplier portals. We help you integrate digitally with common supplier portals and consolidate all order documents.
  • Yonder — Financial benefits for global teams, set-up in less than 5 minutes. Enrol your team in local health insurance and pensions from local and global providers
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VNTRS
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Artificial intelligence startups

We're a tightly-knit venture studio looking for more people who can join us on our journey toward turning more good ideas into great ventures. Ventures that can make the world a better place.

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Investment focus

  • Industry: SaaS, Software, Data Center
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Aimy — Aimy is your personal AI assistant who ensures optimal staffing using artificial intelligence.
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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Norway Artificial intelligence startups, 6 in the past 12 months

Maki.vc is an early-stage venture capital firm partnering with deep tech & brand-driven startups obsessed with challenging category norms.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Series A
  • Geography: Finland, Germany, United Kingdom

Investor stats

  • Total investments: 63
  • Round size: Seed $750k–$7.8M; Series A $1.8M–$12M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $107M in 2021

Portfolio highlights

  • Strise — Strise is signaling a new era of enterprise software and organizational change, transforming how companies work and empowering individual growth through knowledge. We believe in the AI-enabled financial institution without data silos where users and data are working together to solve even the most complex business problems.
  • Databutton — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
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Sondo Capital
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

Investing 1 - 5MNOK in pre-seed and seed stage teams with a link to Norway.

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Investment focus

  • Industry: Other, Design
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Strise — Strise is signaling a new era of enterprise software and organizational change, transforming how companies work and empowering individual growth through knowledge. We believe in the AI-enabled financial institution without data silos where users and data are working together to solve even the most complex business problems.
  • Curipod — Join the growing movement of teachers using Curipod to make interactive lessons filled with creativity, reflection and critical thinking
  • Databutton — Databutton is an online app builder that empowers the next generation of entrepreneurs and innovators. It enables anyone to create dynamic online apps in minutes by connecting to a growing array of sources, models, and integrations, or by utilizing their own datasets. 먹튀검증 https://muktts.net/
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Eytan Elbaz
Angel · Los Angeles, California, United States · 1 investments in Norway Artificial intelligence startups

Eytan Elbaz - Co-Founder & Chief Strategy Officer @ Afterparty

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Investment focus

  • Industry: Internet, Software, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, France, Norway

Investor stats

  • Total investments: 23
  • Round size: Seed $2.7M–$3M; Series A $2M–$16M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Duffl — Duffl is a 10-minute grocery delivery service for college students. It currently operating at UCLA, USC, UCSB, and UC Berkeley. It was founded in 2019 and is headquartered in Los Angeles, California.
  • Fernish — Fernish is a furniture rental startup company that offers provides furniture as a subscription model to consumers living a mobile lifestyle.The company seeks to redefine the way the market sees furniture rental by positioning itself as a lifestyle brand. It offers a rent to own program that allows subscribers to apply their previous paymentstowards the cost of the piece or pieces they want to buy at the end of their subscription. Users are allowed to subscribe to an entire room or specific pieces and can even swap out things they don’t like or simply want to change up at any point.Founders Michael Barlow and Lucas Dickey launched the company in Los Angeles, California in 2017.
  • Globus.ai — Cover up to 40% more shifts, every day, with our self-learning, AI-based, workforce management software. Book your free trial today.
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Skagerak Maturo
VC Fund · 1 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 12
  • Round size: Seed $926k–$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 Procurement — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Saudi Aramco Energy Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 1 investments in Norway Artificial intelligence startups

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia),SAEV also operates through regional offices in North America and Europe. SAEV's Objectives are: - Enhance reserve identification, management and production - Increase energy production - Improve operational efficiency - Increase value in downstream processes - Optimize energy & water consumption in Saudi ArabiaSAEV's investment Focus Areas are: - Upstream Oil & Gas - Downstream & Petrochemicals - Sustainability - Digitalization and IR4.0 - New Drivers of Hydrocarbon Demand

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Investment focus

  • Industry: Energy, Oil and Gas, Software
  • Stage:Series C, Series B
  • Geography: United States, United Kingdom, Norway

Investor stats

  • Total investments: 66
  • Round size: Series B $4M–$24M; Series C $10M–$100M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2020

Portfolio highlights

  • Redex — recs - singapore renewable energy - renewable energy certificates - renewable energy singapore - re100 - eac - buy recs - sell recs -
  • Grand perspective — Grandperspective scanfeld is the first remote sensing solution for automated early-warning gas leak detection in chemical plants.
  • Syzygy Plasmonics — Illuminating Chemical Engineering. Where everyday chemicals like hydrogen are made from light instead of heat - it's called photocatalysis.
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Coalition for Epidemic Preparedness Innovations
VC Fund · Washington, District of Columbia, United States · 1 investments in Norway Artificial intelligence startups

CEPI is an alliance to finance and coordinate the development of new vaccines to prevent and contain infectious disease epidemics.

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Investment focus

  • Industry: Biotechnology, Health Care, Pharmaceutical
  • Stage:Grant, Seed, Post-IPO Debt
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 16
  • Round size: Grant $4.3M–$42M
  • Lead/follow: 94% lead, 6% follow

Portfolio highlights

  • aVaxziPen — Thermally Stable Solid Dose Needle Free Vaccines
  • Aspen Pharmacare — Aspen is a global specialty and branded multinational pharmaceutical company with a presence in both emerging and developed markets
  • NEC OncoImmunity AS — NEC OncoImmunity AS is an artificial intelligence (AI) driven biotech company offering proprietary machine-learning based software, which addresses the key knowledge gaps in the prediction of bona fide immunogenic antigens for personalized cancer immunotherapy and infectious disease vaccines.
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TeleVenture Management
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • 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.
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The Index Project
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Norway Artificial intelligence startups

Design to improve life is about solving real problems, small and large, simple and complex, systemic and emerging and is a life-long pursuit. The Index Project is a call to action. Are you in?

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Investment focus

  • Industry: Artificial Intelligence, Chemical, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Denmark, Chile

Investor stats

  • Total investments: 9
  • Round size: Seed $1.5M–$2M; Series A $1.1M–$3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Agribuddy — CONNECTING THE NEXT BILLION.
  • CanopyLAB — The Future of Learning. Delivered Today.
  • Destácame — Destacame is the first behavior-based credit score in Latin America.
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Beat Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Artificial intelligence startups

Beat Ventures invests in people-centered technology companies reshaping the future of work.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed
  • Geography: United States, Norway

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
  • Treehouse — Recharge at home with Treehouse.
  • Middleware — Middleware observability platform provides complete visibility into your apps & stack, so you can monitor & diagnose issues at scale.
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Chris Murphy
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Artificial intelligence startups

Chris Murphy is a Venture Partner at MS&AD Ventures. He previously worked at SaaStock and attended Dublin City University.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 38
  • Round size: Seed $1.8M–$16M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Equipme — Gear up your teams to do their best work with Equipme. Simplify asset and cost management, and partner with best-in-class service providers for seamless service delivery.
  • Plain. — Fast, modern and flexible customer support for the companies defining the next decade. Instant setup, seamless to integrate, and built API-first.
  • All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
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Anders Lassen
Angel · 1 investments in Norway Artificial intelligence startups

Anders Lassen

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Investment focus

  • Industry: Video, Mobile, Big Data
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Movi — Movi is building a new canvas for creation and ownership of web 3.0 visual content.
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Per Lachenmeier
Angel · 1 investments in Norway Artificial intelligence startups

Per Lachenmeier is CEO of EasyRobotics. He is a mechanical engineer and was previously the CEO of Lachenmeier ApS for 16 years. Lachenmeier ApS, is a world leader in the production of pallet packaging machines for the global market.

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Investment focus

  • Industry: Robotics, Software, Industrial Automation
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.
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Tiger Global Management
VC Fund · New York, New York, United States · 1 investments in Norway Artificial intelligence startups, 45 in the past 12 months

Tiger Global Management is an investment firm that deploys capital globally.Tiger Global seeks to earn superior risk-adjusted returns for its investors over the long term. The firm’s fundamentally oriented investments focus primarily on the global Internet, technology, telecom, media consumer, and industrial sectors. The private equity strategyhas a ten-year investment horizon and targets growth-oriented private companies. The public equity efforts emphasize deep due diligence on individual companies and long-term secular themes.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series B, Series A, Series C
  • Geography: United States, India, China

Investor stats

  • Total investments: 767
  • Round size: Series A $5M–$35M; Series B $15M–$100M; Series C $20M–$298M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $13B in 2022

Portfolio highlights

  • JOKR — Grocery shopping is easier now with JOKR, your instant delivery app. Order your groceries and favorite products in our online supermarket and get them instantly at your door. Download the app now and make your first grocery order on us. Available in IOs and Android. Access www.jokr.com for more info
  • Databricks — Databricks combines data warehouses & data lakes into a lakehouse architecture. Collaborate on all of your data, analytics & AI workloads using one platform.
  • Harbinger — Founded by veterans of Canoo and Faraday Future, Harbinger is an automotive company that develops EV platforms optimized for medium-duty trucks and delivery vans.
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Carsten Thoma
Angel · 1 investments in Norway Artificial intelligence startups

Carsten co-founded hybris in 1997. He is responsible for global operations, marketing and corporate planning of the company. After successfully driving the hybris North America market entry Carsten led the team that managed the acquisition of iCongo in August 2011. His relentless pursuit for talent has resulted in a highly motivated and passionateworkforce and unique corporate culture as that is at the center of the company’s success. He began his career at Hewlett Packard, where his ideas for a standardized and flexible e-commerce software were the starting point for what would become hybris. Carsten studied law and also holds a bachelor’s degree in business administration

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United States, Spain

Investor stats

  • Total investments: 24
  • Round size: Seed $670k–$10M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Quaisr — Quaisr develops simulations for the full digital-twin lifecycle.
  • Kombo — One unified API for HRIS, Payroll & ATS
  • Ninetailed — Ninetailed is a composable API-first personalization, experimentation, and testing tool for dynamic websites, headless CMSs, composable content, and MACH.
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Alliance Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Norway Artificial intelligence startups

Learn more about the Renault Nissan Mitsubishi Alliance and its ambitions for 2030.

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Investment focus

  • Industry: Software, Automotive, Artificial Intelligence
  • Stage:Series B, Series C, Series A
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 14
  • Round size: Series B $12M–$18M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $1B in 2018

Portfolio highlights

  • Bits Technology — Bits Technology connects data sources & orchestrates workflows for financial tech services.
  • 1X — At Halodi Robotics we are passionate about robots. Our mission is to bring capable humanoid robots to everyone. We develop safe, capable and affordable robots that help human beings live better lives!
  • The Mobility House — Their approach within the world of smart energy is to realize e-mobility - by emphasizing on individual mobility and fuelled by energy from regenerative resources. Companies and individuals can easily enter the electric mobility area - in a safe, sustainable and affordable way, thereby walking away from fossil fuel consuming solutions from thepast.Ever since 2009 The Mobility House has become one of Europe’s leading providers for electric mobility.Within the fast-growing market environment they specialize on charging solutions and managing the battery pack for energy storage. They stand for an international access to e-mobility – which is safe and customer-oriented. The quality of their products combined with reasonable prices and optimum customer service, ensure satisfaction of their customers and their business partner.Operating b2b with the automotive industry, leasing services and energy utilities, and b2c with EV customers: Fulfilling the customers´ needs is their benchmark for competition within the market.
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Nordic Impact
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

Nordic Impact invests in, supports, and builds businesses and funds based around technology. The company's goal is to make impact investing mainstream and mobilize all business and capital towards solving the big problems in the world while making great financial returns.

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Investment focus

  • Industry: Chemical, Life Science, Visual Search
  • Stage:Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Iris.ai — Powerful Tools for Your Research. We have built a world-leading AI engine for scientific text understanding. Applied to literature reviews, data extraction, post-market surveillance or any other task involving thousands of documents like papers or patents, this engine will make your life a whole lot easier.
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Kinled Holding
VC Fund · New York, New York, United States · 1 investments in Norway Artificial intelligence startups

Kinled was founded in 1980 to retain the investment assets of the Aisher family.In 1990, the investment focus shifted to a portfolio of early stage investments applying Kinled’s company development experience alongside the endurance and passion of family owned investments together with the strategic focus of venture capitalists.Since then,Kinled has taken 8 companies to public markets and many more to successful trade sales at significant multiples.

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Investment focus

  • Industry: Health Care, Biotechnology, Software
  • Stage:Series A, Seed
  • Geography: United Kingdom, United States, Switzerland

Investor stats

  • Total investments: 65
  • Round size: Seed $220k–$17M; Series A $1.9M–$17M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Cobee — Cobee develops an online platform that automates and simplifies employee benefits management. The company also provides benefits for employees and flexible compensation that makes companies and employees fall in love. It facilitates the management of your benefits plan and allows you to focus on what really matters.Cobee provides a subsidy toyour employees to complement the cost of the benefits you want. They eliminate intermediaries and external suppliers of each of the benefits, thus achieving such as reduce costs and improve service quality for companies and employees, create a single source of information, which facilitates the management, resolution of incidents and the visibility of what happens in each moment, and offer your employees a benefits package centralized on the same VISA card, with real-time visibility of the savings generated and controlled from their Cobee App.Cobee was founded in 2018 and is headquartered in Madrid, Spain.
  • Nanoflex Robotics — Nanoflex Robotics develops a soft robotic system that precisely inserts specially made guidewires and catheters deep into the brain. The company provides patented magnetic navigation technology but also the necessary surgical devices. Nanoflex Robotics was established in May, 2021 in Zurich, Switzerland.
  • PreComb Therapeutics — functional precision medicine, oncology, cancer, discovery, organoid, predictive, ai, 3DTwin, data mining, therapy guidance, automated, immune oncology, 2curex, xilis, usz, dkfz, nct, switzerland
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Malling & Co Venture
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

Vi driver med kjøp, salg og utleie av næringseiendom, samt eiendomsforvaltning og rådgivning. Vi har god lokalkunnskap og lang erfaring.

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Investment focus

  • Industry: SaaS, Software, Construction
  • Stage:Seed
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Findable — Findable is a SaaS platform that automates document workflows by utilising AI/ML. It allows building owners, operators and general contractors to reduce manual work and increase document quality. This is essential for compliance, sustainability and efficient facility management.Findable was launched in 2020 with a mission to unlock the valuein the building documentation and make it more accessible.
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Invest Northern Ireland
VC Fund · Belfast, Belfast, United Kingdom · 1 investments in Norway Artificial intelligence startups

Invest Northern Ireland is Northern Ireland's economic development agency. Their overall goal is to help create wealth for the benefit of the whole community by strengthening the economy and helping it grow.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Grant, Seed
  • Geography: United Kingdom, United States, Ireland

Investor stats

  • Total investments: 32
  • Round size: Seed $37k–$614k; Grant $276k–$3.7M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • TruCorp — TruCorp provide professional medical training equipment including realistic & lifelike intubation manikins & airway trainers. Request a free demo.
  • Signum Surgical — Founded in 2014 by Eoin Bambury and Moshe Zilversmit, Signum Surgical is a medtech platform striving to develop technology that could cure perianal fistula. Bambury and Zilversmit, who met on the BioInnovate Ireland programme at NUI Galway, recognised a lack of innovation surrounding the treatment of perianal fistulas (small tunnels that developbetween the end of the bowel and the skin near the anus). The device developed by Signum Surgical is implanted post-surgery to prevent reinfection and to allow a faster healing process.
  • CV6 Therapeutics — CV6 Therapeutics is a drug development company focused on the discovery, development and commercialization of novel therapies for the treatment of human diseases.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

MP Pensjon is a privately owned investment manager.

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Investment focus

  • Industry: Software, SaaS, AgTech
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Payr — Payr is an award-winning financial tech company & our mission is simple: to improve peoples financial lives We help our users live more fulfilling lives and create product experiences that people love using science, psychology and technology Our mobile banking app gives users control and financial wellness. Our marketplace reinvents theirrelationship with products, then pair them with better-suited service providers.
  • Farmforce — TECH THAT MAKES A DIFFERENCE
  • Ignite Procurement — A powerful & easy spend management tool to accelerate your procurement success by bringing clarity, clean data & sophisticated analytics to your fingertips
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Type One Ventures
VC Fund · Los Angeles, California, United States · 1 investments in Norway Artificial intelligence startups, 9 in the past 12 months

Type One Ventures Invests in Seed and Series A start ups building the technology, infrastructure, and services that will be intergral as we progress towards a Type I Civilization.

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Investment focus

  • Industry: Space Travel, Aerospace, Robotics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 30
  • Round size: Seed $2.2M–$28M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Signaloid — Signaloid provides efficient computing hardware and software technologies to quantify, transmit, and track data uncertainty in computations.
  • Argo Space — Argo will harvest lunar water and use it as propellant to create a true in-space transportation network. By sourcing propellant from the moon, we will provide the freedom to maneuver throughout space.
  • Hubble Network — a Satellite network connecting billions of bluetooth devices. GLOBALLY.
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Melesio Capital
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Artificial intelligence startups

Melesio Capital is a investment firm.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Memory — Memory crafts tools for a better future of work. Do your best work by design with Timely, Dewo and Glue.
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Green Campus Innovations Oy
VC Fund · 1 investments in Norway Artificial intelligence startups

Provide an effective, outsourced incubation and acceleration platform .

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Investment focus

  • Industry: Energy, Battery, Biotechnology
  • Stage:Seed
  • Geography: Finland

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Akkurate — Sandvik Battery Electric Loaders and Trucks TH550B LH518B Mobile Charging Station Battery as a Service
  • Solar Foods — The Finnish company Solar Foods Oy produces an entirely new kind of nutrient-rich protein using only air and electricity as the main resources. The goal of the company is to start commercial production of the environmentally revolutionary protein in 2020.Solar Foods’ concept redefines the basics of food production, as it is not dependent onagriculture, the weather, or the climate. The price of the protein product is also competitive compared to sources such as soy protein.
  • The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Norway Artificial intelligence startups, 9 in the past 12 months

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Norway, Sweden

Investor stats

  • Total investments: 31
  • Round size: Seed $750k–$3.2M; Pre-Seed $429k–$804k
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $96M in 2023

Portfolio highlights

  • ÄIO — Innovative food technologies to replace palm oil, coconut oil and animal fats with sustainable and healthier alternatives.
  • Alba Health — Discover your baby's gut health & microbiome for the best start in life.
  • Quantagonia — Advanced quantum algorithms, for your most important business problems, delivering breakthrough performance on today's high-performance computers, with seamless migration for later use on quantum computers.
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Ferd
VC Fund · Lysaker, Akershus, Norway · 1 investments in Norway Artificial intelligence startups

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

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Investment focus

  • Industry: Energy, Software, Manufacturing
  • Stage:Private Equity, Post-IPO Equity
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 54
  • Round size: Private Equity $11M–$13M; Post-IPO Equity $1M–$38M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — last raise in 2005

Portfolio highlights

  • Ludenso — Ludenso is a software developer of AR solutions for the education industry. To make education more creative and engaging, we are giving editors, authors, and teachers the power to bring their learning resources to life through 3D models, animations, videos, and audio support. This is made possible through the Ludenso Studio, where they can createinclusive learning experiences that enables students to learn in their own way.
  • 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 — Nofence is a system virtual fencing for grazing animals. Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian ag-tech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock managementsince pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. From the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.
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