# Top 50 Hardware Startup Investors in Norway in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Investinor | 13 | Norway, United States, Switzerland | Seed, Series A | Software, Biotechnology, Manufacturing |
| ProVenture | 9 | Norway, United States, India | Seed, Series A | Oil and Gas, Software, Information Technology |
| SINTEF Venture AS | 6 | Norway, United States, United Kingdom | Seed, Pre-Seed | Manufacturing, Software, Energy |
| Alliance | 5 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics |
| Antler | 3 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| Idekapital | 3 | Norway, United Kingdom | Seed, Series A | Software, SaaS, Artificial Intelligence |
| Valinor AS | 3 | Norway, United Kingdom | Seed, Series A | Renewable Energy, Robotics, SaaS |
| Kistefos Venture Capital | 3 | Norway, Singapore, Sweden | Seed, Series A | Software, FinTech, Financial Services |
| Ferd | 3 | Norway, Sweden, United States | Private Equity, Post-IPO Equity | Energy, Software, Manufacturing |
| Draper B1 | 3 | Spain, United States, Italy | Seed, Pre-Seed | Software, SaaS, Internet |
| Rolf Ahlqvist | 2 | Norway | Pre-Seed | Electronics, Public Safety, Information Technology |
| CoFounder | 2 | Norway | Seed, Series A | Manufacturing, Industrial, SaaS |
| TeleVenture Management | 2 | Norway, United States | Seed, Series A | Manufacturing, Software, Information Technology |
| Tharald Nustad | 2 | Ghana, Kenya, Norway | Seed, Convertible Note | Farming, Information Technology, Communities |
| Nordic Green Capital | 2 | Norway | Pre-Seed | Electronics, Public Safety, Information Technology |
| Anne Worsoe | 2 | Norway, United States, Denmark | Pre-Seed, Angel | Artificial Intelligence, Information Technology, Financial Services |
| BAGi | 2 | Spain, Norway, Switzerland | Seed, Angel | Internet, Health Care, Information Technology |
| The Crowd Angel | 2 | Spain, Norway | Seed, Equity Crowdfunding | Internet, E-Commerce, Software |
| Dragonfly | 2 | United States, Hong Kong, Singapore | Seed, Series A | Blockchain, Cryptocurrency, Financial Services |
| Multicoin Capital | 2 | United States, Singapore, Switzerland | Seed, Series A | Blockchain, Cryptocurrency, Software |
| Skagerak Maturo | 2 | Norway | Seed, Series A | Software, Information Technology, SaaS |
| Christian Rokseth | 2 | Norway | Seed, Pre-Seed | Electronics, CRM, Security |
| Norselab | 2 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Analytics |
| Johan Brand | 2 | Norway, United States, United Kingdom | Seed, Series B | Software, EdTech, Information Technology |
| Adolfsen Group | 1 | Norway | Series A, Series B | SaaS, Payments, Robotics |
| Jason Choi | 1 | Singapore, United States, Norway | Seed, Pre-Seed, Series A | Financial Services, Cryptocurrency, Blockchain |
| Type One Ventures | 1 | United States, United Kingdom, Canada | Seed, Series A, Pre-Seed | Space Travel, Aerospace, Robotics |
| VNTRS | 1 | Norway | Pre-Seed | SaaS, Software, Data Center |
| Propagator Ventures | 1 | United States, Norway, Denmark | Seed, Series A | Artificial Intelligence, Information Technology, AgTech |
| AVG Group | 1 | Norway | Seed | Electronics, Manufacturing, Semiconductor |
| Overwolf | 1 | United States, Israel, Norway | Seed, Pre-Seed, Series B | Gaming, Video Games, Media and Entertainment |
| Kari Ollila | 1 | Norway | Pre-Seed | Robotics, Software, Industrial Automation |
| Tiger Holding | 1 | Norway |  | Internet, Wireless, Messaging |
| Verdane | 1 | Sweden, Norway, Germany | Private Equity, Series A | E-Commerce, Software, Information Technology |
| SNÖ Ventures | 1 | Norway, Vietnam | Seed, Series A | Software, SaaS, Video Games |
| Bring Ventures | 1 | Sweden, Norway, United Kingdom | Seed, Series A | E-Commerce, B2B, Information Technology |
| Sparebank 1 Smn Invest AS | 1 | Norway | Series A | Sensor, GreenTech, Smart Home |
| Momentum | 1 | Norway, Finland | Seed | Manufacturing, AgTech, Consumer |
| Founders Fund AS | 1 | Norway, United States | Seed | B2B, SaaS, Internet |
| Wiski Capital | 1 | Norway | Seed | Software, AgTech, Energy |
| Per Lachenmeier | 1 | Norway | Pre-Seed | Robotics, Software, Industrial Automation |
| Stani Kulechov | 1 | United States, United Kingdom, France | Seed, Series A | Blockchain, Financial Services, Cryptocurrency |
| Alliance Ventures | 1 | United States, China, Israel | Series B, Series C, Series A | Software, Automotive, Artificial Intelligence |
| RunwayFBU | 1 | Norway | Pre-Seed, Seed, Angel | Software, SaaS, B2B |
| OpenAI Startup Fund | 1 | United States, Norway | Series A, Seed, Series B | Artificial Intelligence, Legal, Robotics |
| Tiger Global Management | 1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services |
| Everywhere Ventures (The Fund) | 1 | United States, United Kingdom, India | Seed, Pre-Seed, Series B | Software, Health Care, FinTech |
| Andreessen Horowitz | 1 | United States, United Kingdom, Canada | Series A, Series B, Seed | Software, Information Technology, Internet |
| Jamie Brooker | 1 | Norway, United Kingdom | Seed, Series B | Education, Publishing, EBooks |
| Green Campus Innovations Oy | 1 | Finland | Seed | Energy, Battery, Biotechnology |

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