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Top 50 Artificial intelligence VC (Venture Capital) Funds in Norway in October 2023

A list of 50 VC (Venture Capital) funds that invest in Artificial intelligence startups based in Norway. We rank investors based on the number of investments they made in Artificial intelligence companies from Norway. We update this investor list every month.

Top 50 Artificial intelligence VC (Venture Capital) Funds in Norway in October 2023

Investor Artificial intelligence Norway investments
Investinor 7
Skyfall Ventures 7
Alliance 6
SNÖ Ventures 6
Concentric 4
Idekapital 4
Kistefos Venture Capital 3
ProVenture 3
Stratel 3
Valinor AS 3
Arkwright X 3
Antler 3
DNB 3
TRK Group 2
Butterfly Ventures 2
Innovation Norway 2
Arali Ventures 2
Construct Venture 2
Lyse Group 2
Simula Innovation 2
OpenAI Startup Fund 1
SINTEF Venture AS 1
Smart Innovation Norway 1
Middelborg 1
Melesio Capital 1
Atomico 1
4impact 1
Skagerak Maturo 1
Round Hill Ventures 1
Invest Northern Ireland 1
VNTRS 1
Target Partners 1
Malling & Co Venture 1
The Index Project 1
NREP 1
OBOS Forsikring 1
Viking Venture 1
Northzone 1
Bakken & Baeck 1
Green Campus Innovations Oy 1
TeleVenture Management 1
Beat Ventures 1
Type One Ventures 1
SPRINGfondet 1
Sanden 1
Voima Ventures 1
Nordic Impact 1
Maki.vc 1
Sondo Capital 1
Alliance Ventures 1

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Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 1 investment in the past 12 months

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

  • Software, Biotechnology, Manufacturing
  • Funding Round, Seed, Series A
  • Norway, United States, Switzerland

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 · 8 investments in the past 12 months

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

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Investment focus

  • 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)
  • 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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Alliance
VC Fund · Oslo, Oslo, Norway · 7 investments 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

  • Software, Information Technology, Analytics
  • Seed, Series A, Funding Round
  • Norway, United States, Sweden

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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SNÖ Ventures
VC Fund · Oslo, Oslo, Norway

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

  • Software, SaaS, Video Games
  • Seed, Series A, Funding Round
  • Norway, Vietnam

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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Concentric
VC Fund · London, England, United Kingdom · 5 investments in the past 12 months

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

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

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 the past 12 months

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

  • Software, SaaS, Artificial Intelligence
  • Seed, Series A, Funding Round
  • Norway, United Kingdom

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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Kistefos Venture Capital
VC Fund · Oslo, Oslo, Norway · 1 investment in the past 12 months

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

  • Software, FinTech, Financial Services
  • Funding Round, Seed, Series A
  • Norway, Singapore, Sweden

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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ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway · 1 investment in the past 12 months

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

  • Oil and Gas, Software, Information Technology
  • 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 — 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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Stratel
VC Fund · Oslo, Oslo, Norway

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

  • Robotics, Software, 3D Technology
  • Seed, Funding Round
  • Norway, United Arab Emirates

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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Valinor AS
VC Fund · Stavanger, Rogaland, Norway

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

  • Renewable Energy, Robotics, SaaS
  • Seed, Series A, Funding Round
  • Norway, United Kingdom

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!
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Arkwright X
VC Fund · Oslo, Oslo, Norway · 2 investments in the past 12 months

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

  • Software, SaaS, PaaS
  • Seed, Funding Round, Pre-Seed
  • Norway

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
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Antler
VC Fund · Singapore, Central Region, Singapore · 118 investments 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

  • Software, Information Technology, SaaS
  • Pre-Seed, Seed, Series A
  • Singapore, United Kingdom, Australia

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

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

  • Energy, Banking, Software
  • Funding Round, Seed, Post-IPO Debt
  • Norway, Sweden, Denmark

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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TRK Group
VC Fund

An Oslo-based Advisory and Active Ownership Firm.

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Investment focus

  • Artificial Intelligence, SaaS, Internet
  • Pre-Seed, Seed
  • Norway, Kenya

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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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 4 investments in the past 12 months

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

  • Health Care, Software, Information Technology
  • Seed, Funding Round, Pre-Seed
  • Finland, Sweden, Norway

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 · 1 investment in the past 12 months

Innovasjon Norge - vi gir lokale ideer globale muligheter

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Grant, Seed, Funding Round
  • Norway, Romania, United States

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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Arali Ventures
VC Fund · Bangalore, Karnataka, India · 1 investment in the past 12 months

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

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

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

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

  • Information Technology, Real Estate, Information Services
  • Seed, Funding Round, Series A
  • Norway

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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Lyse Group
VC Fund · Stavanger, Rogaland, Norway · 1 investment in the past 12 months

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

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Investment focus

  • SaaS, Water, Analytics
  • Funding Round, Seed
  • Norway

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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Simula Innovation
VC Fund · Fornebu, Akershus, Norway

Simula Innovation is an early-stage technology investor.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Pre-Seed, Funding Round
  • Norway

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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OpenAI Startup Fund
VC Fund · 8 investments in the past 12 months

The OpenAI Startup Fund is investing $100 million to help AI companies have a profound, positive impact on the world.

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Investment focus

  • Artificial Intelligence, Legal, Robotics
  • Series A, Seed, Series B
  • United States, Norway

Portfolio highlights

  • Speak — People spend $90 billion a year on human english teachers that are expensive and ineffective. Speak offers a mobile app where you can have english conversations with your phone about real world scenarios like interviewing for a job or asking for directions. It uses speech recognition to identify english words through thick accents and teach peopleto speak more clearly. Meanwhile, it’s building a massive database of accented-english speech, which can be used to improve its system and other speech recognition systems. Speak’s team formerly built accent detection systems and sold Flashcards+ to Chegg. Though AI translation might reduce the need for people to know other languages, speaking English remains a valuable skill people are willing to pay for.
  • Harvey — Harvey builds custom LLMs for elite law firms to tackle the most complex legal challenges across every practice area, jurisdiction and legal system in the world.
  • Class Companion — Class Companion is a new AI technology that allows professors to provide students with immediate, individualized feedback.
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SINTEF Venture AS
VC Fund · Trondheim, Sor-Trondelag, Norway · 1 investment in the past 12 months

SINTEF TTO & Venture invest in spin-off companies from SINTEF, NTNU and other research based institutions in Norway. Our dealflow reflect results from state-of-art research and cover a variety of sectors. SINTEF Venture seek to co-invest with VC funds with sector expertise at an early stage.

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Investment focus

  • Manufacturing, Software, Energy
  • Seed, Funding Round, Pre-Seed
  • Norway, United States, United Kingdom

Portfolio highlights

  • Nomono — The Next Generation Audio company.
  • Hystar — Hystar is a high tech company specializing in advanced PEM electrolysers for large scale green hydrogen production, that is 100% sustainable.
  • KIT-AR — Reduce time and costs spent fixing errors on your manufacturing shopfloor with quality assurance and augmented reality- Click in to find how!
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Smart Innovation Norway
VC Fund · Halden, Ostfold, Norway

Smart Innovation internationally oriented business cluster in Norway within energy, digitization, Big Data Analytics and ICT.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Funding Round
  • Norway

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
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Middelborg
VC Fund

Middelborg is a privately held investment company with investments in public and private equities, real estate and financial derivatives. Middelborg's investments include major stakes in several listed companies, real estate, an actively managed portfolio of listed stocks and a group of investments in privately held companies.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Funding Round
  • Norway

Portfolio highlights

  • Völur — Ensuring optimal use of every single animal through cutting and processing.
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Melesio Capital
VC Fund · Oslo, Oslo, Norway

Melesio Capital is a investment firm.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Series A
  • Norway

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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Atomico
VC Fund · London, England, United Kingdom · 11 investments in the past 12 months

Atomico invests in innovative technology companies around the world.

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Investment focus

  • Software, Information Technology, Artificial Intelligence
  • Series A, Series B, Series C
  • United States, United Kingdom, Germany

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.
  • Opna — Opna is a financing platform for climate projects that remove carbon and protect natural ecosystems. Opna offers data, proprietary risk assessments, and efficient capital structures, helping companies to translate net-zero committed capital from financial institutions, and corporates into direct financing across a project's lifecycle.
  • Jitty — See every thing, about every home
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4impact
VC Fund · Netherlands, Missouri, United States · 3 investments in the past 12 months

4impact was born out of our desire to increase the purpose of our work and help us give back. By backing tech4good technology startups with knowledge, experience, network, and funding, we can be a catalyst to a sustainable world.

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Investment focus

  • Software, Information Technology, Marketplace
  • Seed, Series A, Funding Round
  • The Netherlands, Italy, Germany

Portfolio highlights

  • Equalture — Equalture collects crucial insights on skills and behaviours of your current team and candidates to hire the best-fits without bias, using a gamified approach.
  • 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.
  • Circularise — Circularise brings transparency to global supply chains. Circularise offers different solutions for different problems within the supply chain. Learn how you can become part of the Circular Economy and what solution Circularise can offer your company.
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Skagerak Maturo
VC Fund

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

  • Software, Information Technology, SaaS
  • 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 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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Round Hill Ventures
VC Fund · London, England, United Kingdom

Round Hill Capital is a global real estate investment and asset management firm, creating long-term financial and social value by building thriving communities.

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Investment focus

  • Software, Real Estate, Information Services
  • Seed, Funding Round, Series A
  • United Kingdom, Germany, Norway

Portfolio highlights

  • Myo — myo digitalisiert die Kommunikation zwischen Pflegeeinrichtungen, Familien und Dienstleistern in der Altenpflege. Jetzt kennenlernen!
  • TULU — TULU is a smart platform and amenity services provider to over 10,000 people in 50 buildings across the United States, Europe and Israel. Founded in 2019, TULU provides urban tenants with on-demand access to hundreds of brand name appliances, grocery staples, micro-mobility and entertainment devices, and more. TULU’s IoT-based modular units arecustomized to provide the most necessary and useful items, while leveraging advanced machine learning tools to analyze behavioral patterns, optimize usage, refine inventory, and create a personalized experience for our users. The outcome is a new way of living, encouraging more responsible consumption, reducing the cost of living in the city, and consistent with the trend to smaller and smaller living spaces.
  • Kterio — Kterio Smart Building Management Operating System enhances commercial property management, optimizes operations efficiency & sustainability.
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Invest Northern Ireland
VC Fund · Belfast, Belfast, United Kingdom · 4 investments in the past 12 months

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

  • Health Care, Biotechnology, Medical
  • Funding Round, Grant, Seed
  • United Kingdom, United States, Ireland

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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VNTRS
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investment in the past 12 months

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

  • SaaS, Software, Data Center
  • Pre-Seed
  • Norway

Portfolio highlights

  • Aimy — Aimy is your personal AI assistant who ensures optimal staffing using artificial intelligence.
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Target Partners
VC Fund · Munich, Bayern, Germany · 1 investment in the past 12 months

Target Partners is a German venture capital firm that invests in early-stage technology companies. With 300 million Euro under management, Target Partners is one of the leading venture capital investors in Germany.The partners of Target Partners have years of collective experience as successful managers, entrepreneurs and venture capitalinvestors in Europe and the USA. They founded or led companies their selves, developed or sold technology products their selves. They have seen numerous companies through to IPO and beyond. They understand the challenges an entrepreneur faces and that the road to success often isn't simple and straight.Both in Europe and the USA Target Partners has a large network in industry and venture capital. They open doors for you to customers, business partners, experienced managers and financial markets. They support you in business development, in international expansion, in closing OEM or distribution contracts, and in acquisition decisions. In addition, several dozen European and US entrepreneurs and top managers, as well as a number of US venture capitalists, have personally invested in their funds and thus have a particularly strong interest in your company's success.

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Investment focus

  • Software, Enterprise Software, SaaS
  • Series A, Series B, Series C
  • Germany, United States, Switzerland

Portfolio highlights

  • tado° — Tado° is The Heating App for private homes and small businesses. It adjusts to the residents' behavior in real time and also takes current weather forecasts and building characteristics into account. tado° GmbH is a Munich based Tech Startup bringing Internet of Things into the Cleantech Market. It was founded by Christian Deilmann, JohannesSchwarz, Valentin Sawadski and Leopold von Bismarck in 2011. A team of qualified young professionals has been working on the development of tado° for approximately two years in Munich.
  • NavVis — NavVis next-generation technology for the built environment enables accurate mobile mapping of indoor spaces and enterprise-ready digital twin solutions.
  • Dedrone — Dedrone is the global leader in anti-drone / counter-drone solutions with the most customers in more countries
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Malling & Co Venture
VC Fund · Oslo, Oslo, Norway

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

  • SaaS, Software, Construction
  • Seed
  • Norway

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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The Index Project
VC Fund · Copenhagen, Hovedstaden, Denmark

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

  • Artificial Intelligence, Chemical, SaaS
  • Seed, Series A, Series B
  • United States, Denmark, Chile

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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NREP
VC Fund · 1 investment in the past 12 months

NREP is a vertically integrated real estate product innovator, developer, investor and operator that seeks to make real estate better.

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Investment focus

  • Artificial Intelligence, Real Estate, Information Technology
  • Series A, Seed, Funding Round
  • Norway, Denmark, Finland

Portfolio highlights

  • RECOMA — RECOMA is a provider of economical and sustainable construction materials. By providing building materials that don't increase greenhouse gas emissions in the construction industry, it promotes sustainable construction.
  • Rive — We bring together tech and local expertise to get the highest possible sale price for you.
  • Proper — Proper offers a platform to help property owners‚ and their tenants, manage their property. Proper develops an intelligent platform that automatically performs the operational tasks associated with the rental of residential and commercial leases, garages and parking lots, etc. It was founded in 2017 and based in Copenhagen, Hovedstaden, Denmark.
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OBOS Forsikring
VC Fund · Oslo, Oslo, Norway

OBOS Forsikring is provides residential insurance services.

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Investment focus

  • Real Estate, Information Technology, Solar
  • Seed, Series A, Funding Round
  • Norway

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
  • Wanda — Lageret som henter og leverer hjemme. Rimelig, trygt, enkelt!
  • Spacemaker AI — Spacemaker enables teams to collaborate, analyse and design real estate sites, using AI to help developers, architects and planners to make better decisions, faster.
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Viking Venture
VC Fund · Trondheim, Sor-Trondelag, Norway

Viking Venture (The Nordic software investor) - We invest in fast-growing B2B software companies in the Nordics.

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Investment focus

  • Oil and Gas, Software, Energy
  • Funding Round, Series A, Series B
  • Norway, United States, United Kingdom

Portfolio highlights

  • Zilift Limited — Zilift was established in May 2009 exclusively to develop and market permanent magnet technologies for innovative artificial lift applications.
  • MemfoACT — MemfoACT has proprietary technology for upgrading of biogas and separation of other gases. MemfoACT AS was founded in August 2008, as a joint venture between NTNU Technology Transfer (TTO) and the entrepreneurs professor May-Britt Hägg, PhD Jon Arvid Lie and PhD Arne LindbrÃ¥then. The company core business is gas purification, with focus on biogasupgading to fuel quality using a novel carbon molecular sieve membrane. This membrane is capable of performing the separation to spec with acceptable recovery in a single stage setup. This gives this membrane a significant advantage in this process compared with competing polymer membranes.
  • ExproSoft — ExproSoft is a software & consultancy company increasing well uptime for oil & gas operators. They deliver solutions that allow the operators to understand the failures and risk of well equipment, and use this knowledge to reduce intervention cost and increase production throughout the wells’ life cycle.
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Northzone
VC Fund · London, England, United Kingdom · 18 investments in the past 12 months

Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022.

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Investment focus

  • Software, E-Commerce, Information Technology
  • Series A, Series B, Seed
  • United States, Sweden, United Kingdom

Portfolio highlights

  • IDOVEN — IDoven develops products to detect heart problems at an early stage to prevent heart diseases.
  • Quench.ai — Quench is a tech infrastructure for video creators to deliver exclusive content, engage and reward their true fans.
  • Bedrock Ocean Exploration — Bedrock is building smarter, more efficient ways to collect and manage seafloor data.
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Bakken & Baeck
VC Fund · Oslo, Oslo, Norway

A technology-driven design studio. Building digital products, brands and businesses, we help ambitious companies identify, explore and respond to new opportunities.

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Investment focus

  • Chemical, Software, Life Science
  • Seed, Angel
  • Norway

Portfolio highlights

  • Versor — Versor develops software necessary for true autonomous drone flight both indoors and outdoors, enabling complete automation of industrial drone operations. They believe this level of automation requires superior localization, which is particularly difficult to achieve indoors and in GPS-denied areas. By removing the need for pilots, entire fleetsof drones may be supervised remotely, enabling true scalability of drone operations across various applications.
  • 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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Green Campus Innovations Oy
VC Fund

Provide an effective, outsourced incubation and acceleration platform .

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Investment focus

  • Energy, Battery, Biotechnology
  • Funding Round, Seed
  • Finland

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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TeleVenture Management
VC Fund · Oslo, Oslo, Norway

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

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Investment focus

  • Manufacturing, Software, Information Technology
  • 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.
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Beat Ventures
VC Fund · San Francisco, California, United States · 2 investments in the past 12 months

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

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Investment focus

  • Software, SaaS, Internet
  • Seed
  • United States, Norway

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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Type One Ventures
VC Fund · Los Angeles, California, United States · 9 investments 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

  • Space Travel, Aerospace, Robotics
  • Seed, Series A, Pre-Seed
  • United States, United Kingdom, Canada

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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SPRINGfondet
VC Fund · Oslo, Oslo, Norway

Springfondet is a seed capital fund located at Oslo Innovation Center in Oslo, Norway. The fund invests in technology startups across a broad range of industries.

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Investment focus

  • Software, Database, Hardware
  • Funding Round, Seed
  • Norway

Portfolio highlights

  • Promon — Promon is an app security firm specializing in In-App Protection / Application Shielding. Our solutions focus largely on runtime protection (malware protection), code integrity protection (obfuscation), and securing sensitive app data and assets. The company works across a range of industries with a variety of global Tier 1 clients, countingcustomers in industries such as finance, health, and the public sector. Promon’s technology is research-based and originates from the internationally recognized research environments at SINTEF and the University of Oslo. Promon’s patented deep protection technology Promon SHIELD™ has protected apps and applications used by more than 100 Mill users since 2009. Promon AS is a Norwegian limited company registered in 2006, with offices in Asia, the US, Germany, the UK, and India. The head office is in Oslo, Norway.
  • Swarm64 — Accelerate PostgreSQL Performance
  • Kappa Bioscience — Kappa Bioscience is the pioneer in development and production of the only synthetic and biologically active all-trans menaquinone-7 (vitamin K2 MK-7), marketed under the K2VITAL® brand name. Kappa’s innovation of MK-7 synthesis marks the commercial milestone where this fat-soluble vitamin can begin to attain widespread consumer adoption. Effectivesynthesis production drives scalability, price reduction and a secure supply chain - with unmatched ingredient purity and documentation. Combined with other Kappa innovations such as the patented DELTA® microencapsulation process, which provides K2 stability in mineral formulations, K2VITAL® offers brands and manufacturers a path to broader market segments. Kappa Ingredients GmbH, a wholly owned division of Kappa Bioscience, manages global sales of the K2VITAL® and other product lines directly and through a network of global distributors.Kappa Ingredients GmbH, a wholly owned division of Kappa Bioscience, manages global sales of the K2VITAL® and other product lines - Ingredients and services related to Bones, Joints and Cardiovascular Health - directly and through a network of global distributors. Main products are Vitamin K2 - K2VITAL®, Calcified Atlantic Seaweed®, The Bone Health Triangle®.
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Sanden
VC Fund · Isesaki, Gumma, Japan

Sanden is a equipment and electrical equipment manufacturing company.

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Investment focus

  • Software, Machine Learning, Artificial Intelligence
  • Series A
  • Norway

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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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 9 investments 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

  • Biotechnology, Health Care, Software
  • Seed, Pre-Seed, Funding Round
  • Finland, Norway, Sweden

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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Nordic Impact
VC Fund · Oslo, Oslo, Norway

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

  • Chemical, Life Science, Visual Search
  • Seed
  • Norway

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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Maki.vc
VC Fund · Helsinki, Southern Finland, Finland · 6 investments 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

  • Software, SaaS, E-Commerce
  • Seed, Series A, Funding Round
  • Finland, Germany, United Kingdom

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 · 4 investments in the past 12 months

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

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Investment focus

  • Other, Design
  • Pre-Seed
  • Norway

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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Alliance Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in the past 12 months

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

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Investment focus

  • Software, Automotive, Artificial Intelligence
  • Series B, Series C, Series A
  • United States, China, Israel

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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