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

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Investinor | 20 | Norway, United States, Switzerland | Seed, Series A | Software, Biotechnology, Manufacturing |
| Alliance | 16 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics |
| Skyfall Ventures | 15 | Norway, Denmark, United States | Pre-Seed, Seed | Software, Information Technology, Artificial Intelligence |
| Innovation Norway | 11 | Norway, Romania, United States | Grant, Seed | Software, Information Technology, Artificial Intelligence |
| Idekapital | 11 | Norway, United Kingdom | Seed, Series A | Software, SaaS, Artificial Intelligence |
| ProVenture | 10 | Norway, United States, India | Seed, Series A | Oil and Gas, Software, Information Technology |
| SNÖ Ventures | 7 | Norway, Vietnam | Seed, Series A | Software, SaaS, Video Games |
| Ferd | 7 | Norway, Sweden, United States | Private Equity, Post-IPO Equity | Energy, Software, Manufacturing |
| Arkwright X | 6 | Norway | Seed, Pre-Seed | Software, SaaS, PaaS |
| Skagerak Maturo | 5 | Norway | Seed, Series A | Software, Information Technology, SaaS |
| Antler | 5 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| DNB | 5 | Norway, Sweden, Denmark | Seed, Post-IPO Debt | Energy, Banking, Software |
| Creandum | 4 | Sweden, Germany, United States | Series A, Seed, Series B | Software, Information Technology, Mobile |
| Construct Venture | 4 | Norway | Seed, Series A | Information Technology, Real Estate, Information Services |
| Link Venture Capital | 4 | Norway, United Kingdom, The Netherlands | Pre-Seed, Seed | Software, Information Technology, Renewable Energy |
| Speedinvest | 4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| RunwayFBU | 4 | Norway | Pre-Seed, Seed, Angel | Software, SaaS, B2B |
| Founders Fund AS | 3 | Norway, United States | Seed | B2B, SaaS, Internet |
| Blue Bear Capital | 3 | United States, Canada, Norway | Series A, Seed | Software, SaaS, Information Technology |
| Norselab | 3 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Analytics |
| Kistefos Venture Capital | 3 | Norway, Singapore, Sweden | Seed, Series A | Software, FinTech, Financial Services |
| Viking Venture | 3 | Norway, United States, United Kingdom | Series A, Series B | Oil and Gas, Software, Energy |
| MP Pension | 3 | Norway | Seed, Series A | Information Technology, Software, Apps |
| Voyagers | 3 | United Kingdom, Norway, Sweden | Seed, Pre-Seed, Convertible Note | B2B, Biotechnology, Machinery Manufacturing |
| Bring Ventures | 3 | Sweden, Norway, United Kingdom | Seed, Series A | E-Commerce, B2B, Information Technology |
| MP Pensjon | 3 | Norway | Seed, Series A | Software, SaaS, AgTech |
| Draper B1 | 3 | Spain, United States, Italy | Seed, Pre-Seed | Software, SaaS, Internet |
| Point Nine | 3 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet |
| SINTEF Venture AS | 3 | Norway, United States, United Kingdom | Seed, Pre-Seed | Manufacturing, Software, Energy |
| Verdane | 3 | Sweden, Norway, Germany | Private Equity, Series A | E-Commerce, Software, Information Technology |
| TeleVenture Management | 3 | Norway, United States | Seed, Series A | Manufacturing, Software, Information Technology |
| Contrarian Ventures | 2 | Lithuania, United Kingdom, Estonia | Seed, Series A, Pre-Seed | Software, Information Technology, Energy |
| OBOS Forsikring | 2 | Norway | Seed, Series A | Real Estate, Information Technology, Solar |
| Nordic Makers | 2 | United States, Denmark, Norway | Seed, Series A, Pre-Seed | Software, Education, Information Technology |
| Signum Capital | 2 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Information Technology |
| Butterfly Ventures | 2 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Kernel Ventures | 2 | Singapore, Israel, Norway | Seed, Private Equity | Blockchain, Information Technology, Cryptocurrency |
| MMC Ventures | 2 | United Kingdom, United States, France | Series A, Seed | Software, Artificial Intelligence, Machine Learning |
| Visionaries Club | 2 | Germany, United Kingdom, United States | Seed, Series A, Series B | Software, SaaS, FinTech |
| The Crowd Angel | 2 | Spain, Norway | Seed, Equity Crowdfunding | Internet, E-Commerce, Software |
| Sondo Capital | 2 | Norway | Pre-Seed | Other, Design |
| Sneaky Ventures | 2 | Norway, Switzerland, United States | Seed, Pre-Seed | Blockchain, Media and Entertainment, Gaming |
| Sunbar Capital | 2 | Norway | Seed | Blockchain, Information Services, Information Technology |
| ETF Partners | 2 | United Kingdom, France, Norway | Series B, Series A | Software, Renewable Energy, Information Technology |
| Saudi Aramco Energy Ventures | 2 | United States, United Kingdom, Norway | Series C, Series B | Energy, Oil and Gas, Software |
| D1 Ventures | 2 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Information Technology |
| YAS Takaful | 2 | Norway | Seed | Blockchain, Information Services, Information Technology |
| Vestigium | 2 | Norway, Seychelles | Seed, Series A | Blockchain, Cryptocurrency, Information Services |
| ZB Capital | 2 | China, Norway, Switzerland | Seed, Corporate Round | Information Technology, Internet, Travel |
| Nunchi | 2 | Norway | Seed | Security, Software, Information Technology |

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