Top 25 B2B VC (Venture Capital) Funds in Norway in October 2023

Portfolio highlights

• TruckLabs — We create hardware and software products for semi trucks that make a positive impact on carbon reduction and fuel efficiency. Formerly Xstream Trucking.
• Delos Insurance — An insurance company which uses advanced technology and artificial intelligence to protect California homeowners from wildfires.
• ACCURE Battery Intelligence — Accure is a battery analytics company. The software and AI-driven solution assist manufacturers and operators in monitoring the overall health and safety conditions of a battery system throughout its lifecycle.

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.

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

Portfolio highlights

• Meeno — Meeno is a relationship mentoring app powered by generative AI
• PartyKit — PartyKit is an open source deployment platform for AI agents.
• Iambic Therapeutics — Iambic has created a cutting-edge AI-driven platform to tackle the most challenging design problems in drug discovery and address unmet patient need.

Portfolio highlights

• CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
• Pivot — Pivot operates as a fintech company.
• Pigment — The all-in-one business planning platform for finance and revenue teams to plan & forecast your business in real-time, model scenarios and make better decisions

Portfolio highlights

• CYCLE — GetHenry is a rapidly growing subscription service for market-leading delivery companies. We make sure that thousands of couriers are on the move safely, quickly and comfortably every day. In this way, we not only create added value for delivery services, but also help to reduce transport-related CO2 emissions on the last mile.
• Itana — Talent City’s mission is to build a network of charter cities that focuses on creating technology-enabled jobs within a free trade zone with its own regulation and bylaws.
• Translucent — Translucent is next-gen accounting software.

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.

Portfolio highlights

• Vignita — Vignita offers a social learning platform for skilled workers. The Norwegian startup gathers all forms of training into one platform, connecting companies with experts and technology so that they can effectively collaborate to train professionals.

Portfolio highlights

• SigNoz — SigNoz is an open-source observability tool to help you find issues in your deployed applications & solve them quickly. It provides logs, metrics, and traces under a single pane of glass. Built with ClickHouse as datastore, it is designed to handle enterprise scale.
• teachme.to — Teachme.to is a community of learners discovering lessons for everything.
• Canid — We believe vaccinating shouldn't be hard and it shouldn't be a distraction from what's most important: taking care of the kids.

Portfolio highlights

• Complai — ComplAI is a compliance platform for business processes. ComplAI works together among several actors (auditors, asset owners, standard owners, consultants, and stakeholders) providing access to compliance records, guidelines, reporting plans, and customizable requirement lists - minimizing supply chain problems and streamlining the auditingprocedure.
• Adminkit — Adminkit is a digital toolbox that provides better control - saving time and frustration.
• Shapemaker — Your new software for civil engineering design and analysis, starting off with telecommunication infrastructure.

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

Portfolio highlights

• BOND — Get closer to the people and products behind your screen than ever before. Step inside creator wardrobes. Shop their edits. Swipe their curations. Be inspired. We're bringing you a new way to discover.
• POSH — Event marketing made easy.
• Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.

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

Portfolio highlights

• Steep — The modern analytics platform powered by metrics.
• All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
• Platypus — Grow your culture. Backed by data. Platypus is the HR and recruitment tool that measures cultural drivers of people across the organization to help you qualify decisions on hiring and managing your culture.

Portfolio highlights

• Mentra — Mentra tackles systemic inequality by economically empowering underserved communities. We’re erasing the stigma around Disability Hiring with our recruiting platform that matches neurodiverse talent with inclusive employers.Our mission is to bring neurodiversity to the workplace - providing employers with thought diversity & job seekers witheconomic opportunity
• Genie — Genie is a productive web development framework in Julia. Build web applications, UIs, backends, integrate with databases, set up web services and APIs.
• Rose Rocket — Rose Rocket's transportation management software (TMS) helps trucking companies and freight brokers improve visibility, collaboration, and efficiency.

Portfolio highlights

• Tise — Tise is a social, mobile marketplace for second-hand fashion and interiors. Download the app here.
• Kavall — Kavall is a grocery delivery startup.
• Aviant — Delivering full-stack drone services that enables autonomous and on-demand transport of cargo.

Portfolio highlights

• Sereact — Discover the world's easiest pick-and-pack automation solution. Significant cost savings, productive 24/7, deployment in one day and no training required.
• Grasp — Grasp mission is to increase the rate at which humans learn.
• Amperecloud — ampere.cloud is Renewables & Environment company

Portfolio highlights

• Socius — Next generation ad tools for digital marketers.
• DoubleUp — DoubleUp offers exclusive online sports contests that pay cash prizes. While traditional daily fantasy sites focus on salary cap games that can take hours to play, DoubleUp offers simple, fun contests that take less than 30 seconds to enter and win. With free entries for all contests, it's a great way for casual fans to get moreinvolved in the sports they love watching.
• Cheeze, Inc — A Photography focused NFT Media and Entertainment company

Portfolio highlights

• Vignita — Vignita offers a social learning platform for skilled workers. The Norwegian startup gathers all forms of training into one platform, connecting companies with experts and technology so that they can effectively collaborate to train professionals.

Portfolio highlights

• ConductorOne — ConductorOne integrates permission management for the web and modern infrastructure. Alexander Bovee and Paul Querna co-founded ConductorOne in Portland, Oregon in 2020.
• Elementary Robotics — The world's best manufacturers trust Elementary to improve quality, maximize yield, and gain valuable insights from real-time production quality data.
• Truv — With Citadel, users can easily connect their payroll account and instantly share the information you need to run verifications—and we make it more affordable and faster than your manual verifications.

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.

Portfolio highlights

• Scrimba — Scrimba is a fun and fast way of learning to code! Our interactive courses and tutorials will teach you React, Vue, Angular, JavaScript, HTML, CSS, and more.
• Confrere — Confrere is a video meeting and conferencing platform for professionals. The video chat solution was developed specifically for doctors, tutors, banks, psychologists, recruiters, personal trainers, and their clients in mind.The video conferencing solution was developed by Svein Willassen, Dag-Inge Aas, and Ida Aalen with a concept of buildingvirtual clinics for professions like doctors and bankers through video solutions, so they can meet their clients without actually meeting them.
• AblePay Technologies — AblePay Technologies was founded in 2009 as a spin-out from the Research Department of Telenor, and the technology has been developed in close collaboration with SINTEF, the largest independent research organisation in Scandinavia.

Portfolio highlights

• Evoy — Evoy is a manufacturer of electric propulsion systems intended to be used in speedboats. The company's inboard and outboard electric propulsion systems are fitted with an electric motor that takes the place of the boat owner's current diesel and gasoline systems, allowing them to drastically reduce maintenance and usage costs and travelwithout noise, smell, pollution, or failures.It was established in 2018 and is based in Florø, Sogn og Fjordane, Norway.
• Glint Solar — Enabling developers to identify and analyze the best solar sites
• LIFENESS — Lifeness is a platform specialized in the treatment of lifestyle diseases and an entrepreneur from the fitness industry,

Portfolio highlights

• Shoreline — Industry leading enterprise softwarepowering the wind energy lifecycle
• Elmtronics — Elmtronics are the UK's leading independent supplier of electric vehicle charging services and EV chargers in the UK. Book a survey today!
• Igloo Vision — We Are The Shared Immersive Space Company. Creating Shared Immersive Environments For Any Client, In Any Sector, Anywhere. Contact Us Today For More Information.

Portfolio highlights

• Vignita — Vignita offers a social learning platform for skilled workers. The Norwegian startup gathers all forms of training into one platform, connecting companies with experts and technology so that they can effectively collaborate to train professionals.
• Powerzeek — Powerzeek is a platform company making it easy for the transport sector to find, buy and use cleaner fuels. The company's market is the $150 billion+ maritime fuel and $1 trillion+ land based fuel sector. Powerzeek´s customers are shipping companies and trucking companies buying fuel for their ships and trucks respectively, andoil/gas/energy companies selling fuel. The company meets several of UN´s SDG goals, is generating revenue today, and has many of the world's largest suppliers of LNG and methanol amongst its community members.