# Top 50 Hardware Startup Investors in Norway in May 2026

## Investinor
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 13
- 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.

## ProVenture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 9
- 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).

## SINTEF Venture AS
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 6
- 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.

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

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 3
- 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!

## Idekapital
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- 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.

## Valinor AS
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Renewable Energy, Robotics, SaaS

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.

## 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.

## Ferd
- Type: VC Fund
- Location: Lysaker, Akershus, Norway
- Relevant deals: 3
- Stages: Private Equity, Post-IPO Equity
- Focus: Energy, Software, Manufacturing

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

## 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.

## Rolf Ahlqvist
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Electronics, Public Safety, Information Technology

Rolf Ahlqvist

## CoFounder
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Manufacturing, Industrial, SaaS

CoFounder is a management and investment company for technology companies with great growth potential.
They are experienced entrepreneurs and business developers who provide management resources and early-stage capital. They work with spin-offs from both research and industrial environments, as well as standalone entrepreneurial companies.

## TeleVenture Management
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Manufacturing, Software, Information Technology

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

## Tharald Nustad
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Seed, Convertible Note
- Focus: Farming, Information Technology, Communities

Tharald Nustad is the Founder and Owner of Nordic Impact, Founder and Owner of Katapult, and Co-Founder of Katapult Ocean. He is a former Chairman of the Board of Mallin AS. He attended Pacific Lutheran University.

## Nordic Green Capital
- Type: VC Fund
- Location: Kristiansand, Vest-Agder, Norway
- Relevant deals: 2
- Stages: Pre-Seed
- Focus: Electronics, Public Safety, Information Technology

We put relentless effort in creating smarter sustainable solutions for all.

## Anne Worsoe
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Pre-Seed, Angel
- Focus: Artificial Intelligence, Information Technology, Financial Services

I work with early-stage technology startups and founders with ambitions to solve global challenges. I'm co-founder and partner at Farmhouse, investing primarily in Norwegian startups, and a venture partner at Antler, a global early-stage VC. Previously, I held the position as Portfolio Manager and Partner at B&B while the company scaledfrom 16 to 60+ people in three countries. I initiated and co-founded the co-working space Nordic Innovation House in Silicon Valley, explored new business opportunities in the renewables industry and I was the first CEO of the Norwegian Venture Capital & Private Equity Association. I have experience as a co-founder, angel investor, member of the Board of Directors for startups and VCs, focusing on early-stage ventures, growth, and internationalization. I'm passionate about helping startups scale their impact, and especially empowering female co-founders and angel investors.

## BAGi
- Type: VC Fund
- Location: Girona, Catalonia, Spain
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Internet, Health Care, Information Technology

BAGi is the first business angels network created for invest on Startups with direct impact on Girona's region.

## 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.

## Dragonfly
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

A cross-border cryptoasset investment firm. Global from day one.

## Multicoin Capital
- Type: VC Fund
- Location: Austin, Texas, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Software

Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies reshaping trillion-dollar markets. 

## 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.

## Christian Rokseth
- Type: Angel
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Electronics, CRM, Security

Christian Rokseth is dedicated and focused towards developing new and innovative communication solutions for enterprises. Since Christian Rokseth is started my career in 1999 Christian Rokseth have managed a series of advanced projects within the IT and Telecom industry. These projects have brought me significant knowledge about all the requiredsteps and processes involved in order to bring state of the art electronics and software products to the market. In 2014 Christian Rokseth is managed the development and market introduction of the world's first intrinsically safe smartphone. The product was developed from scratch by a team of 8 engineers. Likely the smallest team ever to develop a smartphone.

## Norselab
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- 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.

## Johan Brand
- Type: Angel
- Location: Oslo, Oslo, Norway
- Relevant deals: 2
- Stages: Seed, Series B
- Focus: Software, EdTech, Information Technology

Johan is co-founder of Kahoot!, an educational gaming platform with millions of users world wide. Johan has over a decade's experience merging creativity, innovation and technology. Johan's work has included high profile projects for brands including Mercedes, BBC, HP, and Unilever, as well as startups in London and abroad. In 2010 heset up what has become We Are Human, a lean co-creative company, with global impact. In addition to working with some of the world's most recognised brands, We Are Human also incubates and develops its own IP, including the innovative EdTech platform Kahoot! Johan is regular facilitator, speaker and lecturer at universities and events. These include SXSW, OECD, Design Week, UCL and UiO. Johan is a Fellow of the Royal Society of Arts (RSA).

## 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.

## Jason Choi
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Financial Services, Cryptocurrency, Blockchain

Jason Choi is Venture Investor at Contrary Capital.

## Type One Ventures
- Type: VC Fund
- Location: Los Angeles, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Space Travel, Aerospace, Robotics

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.

## VNTRS
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: SaaS, Software, Data Center

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. 

## Propagator Ventures
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Artificial Intelligence, Information Technology, AgTech

Propagator Ventures is an early-stage deep tech VC with strong ties to science

## AVG Group
- Type: VC Fund
- Location: Lenzingerberg, Bayern, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Electronics, Manufacturing, Semiconductor

AVG Group specializes in renewable energy, nordic ESG, and impact investing services.

## Overwolf
- Type: VC Fund
- Location: Tel Aviv, Tel Aviv, Israel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Gaming, Video Games, Media and Entertainment

Overwolf is an all-in-one platform for creating, sharing and monetizing in-game apps and mods

## Kari Ollila
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Robotics, Software, Industrial Automation

Kari Ollila

## Tiger Holding
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Focus: Internet, Wireless, Messaging

Tiger Holding was added in 2010.

## Verdane
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Private Equity, Series A
- Focus: E-Commerce, Software, Information Technology

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

## SNÖ Ventures
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- 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.

## Bring Ventures
- Type: VC Fund
- Relevant deals: 1
- 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.

## Sparebank 1 Smn Invest AS
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A
- Focus: Sensor, GreenTech, Smart Home

An investment firm.

## Momentum
- Type: VC Fund
- Location: Bergen, Hordaland, Norway
- Relevant deals: 1
- Stages: Seed
- Focus: Manufacturing, AgTech, Consumer

Momentum Partners clear ambition is to build the leading consulting environment in Western Norway within our service. They create value and growth for their clients through a wide range of services with an operational approach to strategy development and profitability improvement.

## Founders Fund AS
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- 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.

## Wiski Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Software, AgTech, Energy

Venture capital firm focused on tech startups.

## Per Lachenmeier
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Robotics, Software, Industrial Automation

Per Lachenmeier is CEO of EasyRobotics. He is a mechanical engineer and was previously the CEO of Lachenmeier ApS for 16 years. Lachenmeier ApS, is a world leader in the production of pallet packaging machines for the global market.

## Stani Kulechov
- Type: Angel
- Location: Como, Lombardia, Italy
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Blockchain, Financial Services, Cryptocurrency

Stani Kulechov is the founder and CEO of Aave and ETHLend. He is a seasoned entrepreneur with extensive experience developing technology in the crypto, blockchain, and fintech space. Stani is also a mentor to many founders and advisors of ICOs and blockchain projects and has spoken at numerous FinTech, Blockchain and cryptocurrency events,particularly on topics related to Ethereum Smart Contracts.

## Alliance Ventures
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Series B, Series C, Series A
- Focus: Software, Automotive, Artificial Intelligence

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

## RunwayFBU
- Type: VC Fund
- Location: Fornebu, Akershus, Norway
- Relevant deals: 1
- 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.

## OpenAI Startup Fund
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Artificial Intelligence, Legal, Robotics

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

## Tiger Global Management
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: Software, FinTech, Financial Services

Tiger Global Management is an investment firm that deploys capital globally.Tiger Global seeks to earn superior risk-adjusted returns for its investors over the long term. The firm’s fundamentally oriented investments focus primarily on the global Internet, technology, telecom, media consumer, and industrial sectors. The private equity strategyhas a ten-year investment horizon and targets growth-oriented private companies. The public equity efforts emphasize deep due diligence on individual companies and long-term secular themes.

## Everywhere Ventures (The Fund)
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Software, Health Care, FinTech

Everywhere Ventures (The Fund) is a first-of-its-kind early-stage venture fund created ​by founders for founders​ to support the next generation of entrepreneurs.Everywhere Ventures is a community-powered venture investing platform that integrates the capital, expertise, and mentoring of experienced founders and operators across ten micro funds.The Fund's $50M+ under management comes almost exclusively from the over 500 founders and operators who are its limited partners. Everywhere Ventures operates from the belief that those who have actually built successful companies are best suited to advise and support early-stage startups. Everywhere Ventures invests in pre-seed deals globally usually in the first financing round the company raises. Emphasis is placed on purpose-driven teams across money, health and work verticals.

## Andreessen Horowitz
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 1
- Stages: Series A, Series B, Seed
- Focus: Software, Information Technology, Internet

Andreessen Horowitz (a16z) is a venture capital firm in Silicon Valley, California, investing in bold founders, innovators, and entrepreneurs building the future through technology.

## Jamie Brooker
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series B
- Focus: Education, Publishing, EBooks

Jamie Brooker is the Founder & Strategic Advisor at Kahoot!

## Green Campus Innovations Oy
- Type: VC Fund
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Battery, Biotechnology

Provide an effective, outsourced incubation and acceleration platform .

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