# Top 30 Enterprise Software VC (Venture Capital) Funds in Norway in May 2026 ## Creandum - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Information Technology, Mobile We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond. ## Investinor - Type: VC Fund - Location: Trondheim, Sor-Trondelag, Norway - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Biotechnology, Manufacturing 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. ## Alliance - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Analytics Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders. ## Blue Bear Capital - Type: VC Fund - Location: Beverly Hills, California, United States - Relevant deals: 3 - Stages: Series A, Seed - Focus: Software, SaaS, Information Technology Blue Bear Capital is a venture capital investor supporting companies that apply AI and data-driven technologies to energy infrastructures. The firm specializes in the fields of venture capital, financial services, and clean energy investments. It was founded in 2016 and headquartered in Beverly Hills, California. ## Kistefos Venture Capital - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, FinTech, Financial Services 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. ## Sagene Tech Ventures - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 2 - Stages: Seed - Focus: Software, Enterprise, Publishing Sagene Tech Venture is a pre-seed venture fund in Oslo. We invest in B2B SaaS companies based in Norway. ## Skyfall Ventures - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Software, Information Technology, Artificial Intelligence We are an early stage venture capital firm based in Oslo, Norway. ## Skagerak Maturo - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS 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. ## Shell Ventures - Type: VC Fund - Location: Rijswijk, Zuid-Holland, The Netherlands - Relevant deals: 2 - Stages: Series A, Series B - Focus: Energy, Renewable Energy, Software Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business. ## Contrarian Ventures - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Energy We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel ## Vinyl Capital - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: E-Commerce, Software, Analytics Investing in the future of how people buy stuff. ## Amadeus Ventures - Type: VC Fund - Location: Madrid, Madrid, Spain - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Travel, Mobile Amadeus Ventures is the strategic funding program from Amadeus to invest in early stage startups focusing on the travel industry. ## Sound Ventures - Type: VC Fund - Location: Beverly Hills, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, FinTech, Financial Services Sound Ventures is a venture capital firm that seeks to invest in the technology sector. ## Hasso Plattner Ventures - Type: VC Fund - Location: Potsdam, Brandenburg, Germany - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Information Technology, Internet Hasso Plattner Ventures invests in fast-growing, information technology-driven companies in Europe and the USA on behalf of Prof. Dr. h.c. Hasso Plattner, co-founder and chairman of software giant SAP. The support we offer reaches beyond financial commitments. Our multifaceted work includes acting globally as a strategic partner for our informationtechnology growth companies. In Germany, our commitment has taken also the form of a seed program for information technology startups coming out of the Hasso Plattner Institute.After retiring from the operative business of SAP in 2003, Hasso Plattner was appointed Chairman of the company’s Supervisory Board. He has devoted his time to the promotion of science, innovation and entrepreneurship ever since.To further these goals, Hasso Plattner founded Hasso Plattner Ventures on July 1st, 2005 in Potsdam, Germany. Hasso Plattner Ventures Africa launched as an affiliate in 2008, operating from Cape Town, South Africa.Hasso Plattner Ventures manages four funds. HP Ventures I started in 2005, focusing on early stage software companies in Germany, Switzerland and Austria. In 2008, HP Ventures II and HP Ventures Africa launched, looking for investment opportunities in startup- and expansion-stage companies across the USA, Europe, Israel and South Africa.As of 2015, HP Ventures III, a €150 million fund, focuses on fast-growing enterprise and infrastructure software companies mainly in Germany and the Silicon Valley. ## Adolfsen Group - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series B - Focus: SaaS, Payments, Robotics The Adolfsen Group is a group of companies in which Kristian Adolfsen and Roger Adolfsen are shareholders. The Group invests across a wide range of sectors, many of which having a link to its origins within hotel operations. ## BTV Invest - Type: VC Fund - Location: Skien, Telemark, Norway - Relevant deals: 1 - Stages: Series A, Series B - Focus: Apps, Content, Shipping BTV Invest is a venture capital company that manages about NOK 330 million in direct investments. They invest in companies with growth potential with different risk profiles. They offer capital, competence, and access to a large network. ## Ferd - Type: VC Fund - Location: Lysaker, Akershus, Norway - Relevant deals: 1 - Stages: Private Equity, Post-IPO Equity - Focus: Energy, Software, Manufacturing Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen. ## Alden - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed - Focus: SaaS, Shipping, Analytics Alden is a venture capital investments company. ## Maturo Kapital - Type: VC Fund - Location: Skien, Telemark, Norway - Relevant deals: 1 - Stages: Series A, Series B - Focus: Content, Software, Open Source Maturo Kapital is a venture capital company that invests in companies within the energy and environmental sectors. ## Point Nine - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages. ## DNB - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed, Post-IPO Debt - Focus: Energy, Banking, Software 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. ## EQT Ventures - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, SaaS EQT Ventures is a European VC fund with just over €2.3 billion in total capital raised. EQT Ventures I launched in May 2016, with commitments totalling €566 million and a simple mission - to be the kind of VC the team would have liked to have had on their own startup journeys. Recognizing that building and growing a company takes more than justcapital, the EQT Ventures team provides founders with support and advice throughout different stages of growth. EQT Ventures doesn't focus on particular markets or industries, but bold and ambitious founders who have the grit and determination to build global success stories. EQT Ventures II launched in November 2019, with commitments totalling €660 million. EQT Ventures III launched in 2022, with commitments totalling €1.1 billion, making it the biggest European Venture Capital fund committed to early stage tech startups. The EQT Ventures team is based across six offices in London, Stockholm, Berlin, Paris, Amsterdam, Paris and San Francisco, taking a locals with locals approach and supporting founders on the ground. Motherbrain, EQT Ventures' in-house-developed artificial intelligence (AI) platform, ensures the team has data-driven approach and has driven more than $100 million in portfolio company investments. ## Dynamic Funds - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 1 - Stages: Series B, Series A - Focus: Retail, Content, Shopping Dynamic Funds was established as a small investment club in Montreal in 1957. Since then, They have evolved to become one of Canada's most recognized asset management firms. They offer a comprehensive range of products and services, spanning every major sector, geographic region and investment discipline. Their financial solutions includeopen and closed-end investment funds, fee-based, tax-advantaged and customized high-net-worth programs. ## Newmark Capital - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Software, Enterprise, Publishing "Because important ideas need support and resources" ## Revo Capital - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Financial Services, Information Technology Operational venture capital firm that invests across Turkey, Eastern Europe & Baltics in seed to Series B rounds. ## ETF Partners - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series B, Series A - Focus: Software, Renewable Energy, Information Technology ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Its funds come from institutional investors, global corporations, and family offices. The firm creates value by investing in and supporting great European companies that deliver Sustainability Through Innovation. ## The Ingenious Group - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, B2B, Semiconductor Ingenious is a specialist investment manager with extensive expertise in the media, real estate, infrastructure and education sectors. ## Idekapital - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, SaaS, Artificial Intelligence We manage two investment funds with more than 1 bn NOK under management. We invest in high-growth software and technology companies. ## GenZero - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A - Focus: Software, CleanTech, Developer APIs GenZero is an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world. Wholly-owned by Temasek, GenZero has a flexible investment approach and will invest globally across three focus areas: technology-based solutions, nature-based solutions as well as carbon ecosystem enablers. GenZero seeks to deliver positive climate impact alongside long term sustainable financial returns. ## Ecosystem Integrity Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Energy, Renewable Energy, Solar The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co