# Top 50 Enterprise VC (Venture Capital) Funds in Norway in May 2026

## Investinor
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 20
- 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: 16
- 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.

## Skyfall Ventures
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 15
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Artificial Intelligence

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

## Innovation Norway
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 11
- Stages: Grant, Seed
- Focus: Software, Information Technology, Artificial Intelligence

Innovasjon Norge - vi gir lokale ideer globale muligheter

## Idekapital
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 11
- 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.

## ProVenture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Oil and Gas, Software, Information Technology

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).

## SNÖ Ventures
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, SaaS, Video Games

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.

## Ferd
- Type: VC Fund
- Location: Lysaker, Akershus, Norway
- Relevant deals: 7
- Stages: Private Equity, Post-IPO Equity
- Focus: Energy, Software, Manufacturing

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

## Arkwright X
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 6
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, PaaS

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.

## Skagerak Maturo
- Type: VC Fund
- Relevant deals: 5
- 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.

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, SaaS

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

## DNB
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 5
- 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.

## Creandum
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 4
- 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.

## Construct Venture
- Type: VC Fund
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: Information Technology, Real Estate, Information Services

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

## Link Venture Capital
- Type: VC Fund
- Relevant deals: 4
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Renewable Energy

Link Venture Capital operates a series of early-stage investment funds.

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey.

## RunwayFBU
- Type: VC Fund
- Location: Fornebu, Akershus, Norway
- Relevant deals: 4
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, B2B

An early stage VC fund that invests in software-driven technology companies built by ambitious entrepreneurs.

## Founders Fund AS
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed
- Focus: B2B, SaaS, Internet

Founders Fund AS is a venture capital firm based in Oslo. Founders Fund AS offers investment management, advisory, and other related services. Founders Fund serves customers in Norway.

## 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.

## Norselab
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, SaaS, Analytics

Norselab is a leading European impact investment house. We are dedicated to proving that impact is the future of investing across asset classes.

## 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.

## Viking Venture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Oil and Gas, Software, Energy

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

## MP Pension
- Type: VC Fund
- Location: Gentofte, Hovedstaden, Denmark
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Information Technology, Software, Apps

Velkommen til AkademikerPension. Tryghed til dig og din familie. 

## Voyagers
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: B2B, Biotechnology, Machinery Manufacturing

VOYAGERS organises by-invitation adventures designed to build close connections between exceptional people, with the goal of accelerating positive impact. Relationships deepen through our regular video calls, group chats and in-person dinner salons.

## Bring Ventures
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: E-Commerce, B2B, Information Technology

Bring Ventures is the Corporate Venture arm of the Norway Post Group. Bring Ventures is dedicated to invest in disruptive and ambitious seed and early phase companies within sustainability and digitalization. We strive to be a value-adding investor by building close relationships, exchange capabilities, expertise, customers and volumes.
We believethe success of the future will be created together in a collaboration with other actors such as universities, innovation environments and start-ups. We want to contribute to create and build completely new type of business models – like ecosystem.

## MP Pensjon
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, SaaS, AgTech

MP Pensjon is a privately owned investment manager. 

## Draper B1
- Type: VC Fund
- Location: Valencia, Comunidad Valenciana, Spain
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Internet

Our mission is to help entrepreneurs who are innovating and transforming the way we live and work.

## Point Nine
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 3
- 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.

## SINTEF Venture AS
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Manufacturing, Software, Energy

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.

## Verdane
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Private Equity, Series A
- Focus: E-Commerce, Software, Information Technology

The preferred growth partner to tech-enabled businesses in Northern Europe.

## TeleVenture Management
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Manufacturing, Software, Information Technology

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

## 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

## OBOS Forsikring
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Real Estate, Information Technology, Solar

OBOS Forsikring is provides residential insurance services.

## Nordic Makers
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Education, Information Technology

We know how much grit and luck it takes to build big companies. That’s why we invest our time and our children’s money in crazy, ambitious founders.Founded by a group of serial entrepreneurs that have built, scaled and exited some of the largest technology companies of the Nordics, Nordic Makers is a seed stage hands-on investor, workingactively with companies to take them to the next level.

## Signum Capital
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

They are a Singapore-based firm that exclusively consults in Blockchain-enabled companies. Their mission is to realize the future of Blockchain economy by consulting in game changing projects and companies. They participate in Pre-sale stages of Token Generation Events and Equity investments.

## Butterfly Ventures
- Type: VC Fund
- Location: Oulu, Oulu, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Software, Information Technology

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.

## Kernel Ventures
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Private Equity
- Focus: Blockchain, Information Technology, Cryptocurrency

Kernel Ventures is a venture capital firm focused on blockchain companies.

## MMC Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Software, Artificial Intelligence, Machine Learning

MMC is a venture capital fund investing in early stage, high-growth UK companies. Our mission is to be involved in the creation of the global industry-leading companies of tomorrow.

## Visionaries Club
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, FinTech

Visionaries Club is a leading European early stage VC backed by Europe's most successful digital founders and family business entrepreneurs. We strongly believe that leveraging our entrepreneurial investors' authentic knowledge and access is the best support we can provide to entrepreneurs in their Seed and Early Growth stage to help themtake their companies to the next level.Visionaries Club is divided into two funds:A € 150m (seed stage fund leveraging its unicorn and digital founder LP base for very early and exclusive access to the most promising entrepreneurs across Europe.A €200m Early Growth fund leveraging especially the fund's industrial family business LP network is intended to support the most promising European B2B companies in their early growth stage from Series B onwards with global reach and scale.The firm was founded in 2019 by Robert Lacher and Sebastian Pollok and has offices in Berlin and London

## The Crowd Angel
- Type: VC Fund
- Location: Barcelona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding
- Focus: Internet, E-Commerce, Software

The Crowd Angel is a premium equity crowdfunding platform that enables its users to invest from 3.000€ in a selection of the best Spanish startups. A hybrid between crowdfunding and venture capital, it takes an active part on the board of the companies invested. The platform opens the business angel model to people wanting to enter the startupecosystem.We have co-invested together with some of top Spanish VCs (Inveready, Keyword VC, Antai Venture Builder, Media Digital Ventures, Bankinter, etc). We are backed by Inveready and Keyword VC.

## Sondo Capital
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Other, Design

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

## Sneaky Ventures
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Media and Entertainment, Gaming

Painless, quick delivery of your domain name. Fast and professional service.

## Sunbar Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Blockchain, Information Services, Information Technology

Sunbar Capital is a venture capital investment firm.

## ETF Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- 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.

## Saudi Aramco Energy Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 2
- Stages: Series C, Series B
- Focus: Energy, Oil and Gas, Software

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

## D1 Ventures
- Type: VC Fund
- Location: Beijing, Beijing, China
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Technology

Powering the Future of Open Economy

## YAS Takaful
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Blockchain, Information Services, Information Technology

YAS Takaful is an investment firm.

## Vestigium
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Information Services

Vestigium is a crypto-native venture capital firm that invests in cryptocurrencies, digital assets, and blockchain companies.

## ZB Capital
- Type: VC Fund
- Location: Guangdong, Jilin, China
- Relevant deals: 2
- Stages: Seed, Corporate Round
- Focus: Information Technology, Internet, Travel

ZB Capital focuses on blockchain industry investment.

## Nunchi
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Security, Software, Information Technology

Nunchi is a real estate investor.

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