# Top 50 Hardware VC (Venture Capital) Funds 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. ## 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. ## 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. ## 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! ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## 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. ## Skagerak Energi - Type: VC Fund - Location: Porsgrunn, Telemark, Norway - Relevant deals: 1 - Stages: Seed - Focus: Energy, Battery, Electronics Skagerak Energi is a future-oriented supplier of clean energy for welfare, growth and development. ## Digital Currency Group - Type: VC Fund - Location: Stamford, Connecticut, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, FinTech We are the capital engine supporting emerging talent & crypto technology. On its mission to accelerate the development of a better financial system. ## Coinbase Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, FinTech Coinbase Ventures is an investment arm of Coinbase that aims to invest in seed-stage cryptocurrency and blockchain startups. The company was founded in 2018 and is based in San Francisco, California, United States. ## Rabobank Food & Agri Innovation Fund - Type: VC Fund - Location: Utrecht, Utrecht, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Agriculture, AgTech, Farming Rabobank emerged from several small agricultural cooperative banks, founded by Dutch farmers in the late nineteenth century. Food & Agriculture (F&A) is in our DNA, from which we built a unique position in the F&A sector as a key financier and international player, attributes which we leverage for the benefit of our stakeholders andportfolio companies. We recognise and understand the food security challenges lying ahead of us and how Innovation in F&A supply chains is key to the solution, which is why we are dedicated to committing capital to the space. ## CoinGecko - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, Financial Services CoinGecko is a digital currency price and information data platform. It helps its users quantitatively evaluate and rank their coins. CoinGecko is a Singapore-based company that was founded in 2014 by TM Lee and Bobby Ong. ## 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. ## Voima Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Biotechnology, Health Care, Software Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors. ## 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. ## Northzone - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, Information Technology Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022. ## Sandwater - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed, Series A - Focus: AgTech, Energy, Battery We are Sandwater. Regeneration of our resources. Vitalizing healthcare & education. Improving life through technology. ## SPRINGfondet - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed - Focus: Software, Database, Hardware Springfondet is a seed capital fund located at Oslo Innovation Center in Oslo, Norway. The fund invests in technology startups across a broad range of industries. ## 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 ## Nysnø - Type: VC Fund - Location: Stavanger, Rogaland, Norway - Relevant deals: 1 - Stages: Series A, Series B - Focus: Renewable Energy, Energy Efficiency, Manufacturing Nysnø is a governmental climate investment fund investing in companies that solve climate challenges. The investment fund is set up as a commercial company that invests in technologies that contribute to reducing greenhouse gas emissions. It was established in 2017 in Stavanger, Rogalan by the Norwegian Ministry of Trade and Industry. ## 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. ## 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 Holding - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Focus: Internet, Wireless, Messaging Tiger Holding was added in 2010. ## 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. ## Target Partners - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Enterprise Software, SaaS Target Partners is a German venture capital firm that invests in early-stage technology companies. With 300 million Euro under management, Target Partners is one of the leading venture capital investors in Germany.The partners of Target Partners have years of collective experience as successful managers, entrepreneurs and venture capitalinvestors in Europe and the USA. They founded or led companies their selves, developed or sold technology products their selves. They have seen numerous companies through to IPO and beyond. They understand the challenges an entrepreneur faces and that the road to success often isn't simple and straight.Both in Europe and the USA Target Partners has a large network in industry and venture capital. They open doors for you to customers, business partners, experienced managers and financial markets. They support you in business development, in international expansion, in closing OEM or distribution contracts, and in acquisition decisions. In addition, several dozen European and US entrepreneurs and top managers, as well as a number of US venture capitalists, have personally invested in their funds and thus have a particularly strong interest in your company's success. ## Alameda Research - Type: VC Fund - Location: Central and Western, Hong Kong Island, Hong Kong - Relevant deals: 1 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, Financial Services Alameda Research is a quantitative cryptocurrency trading firm that provides liquidity in cryptocurrency and digital assets markets. It was founded in 2017 and is headquartered in Central and Western, Hong Kong. ## 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. ## 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. ## Holta Invest - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Seed - Focus: Computer, Software

Holta Invest AS is a privately held investment company headquartered in Oslo, Norway.

## 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. ## Firestreak Ventures - Type: VC Fund - Location: Aspen, Colorado, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Developer Tools We invest in pre-seed and seed stage companies in the developer tooling, infra, OSS, cybersecurity and ML and AI infra. ## 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. ## 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. ## 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. ## 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. ## Wiski Capital - Type: VC Fund - Relevant deals: 1 - Stages: Seed - Focus: Software, AgTech, Energy Venture capital firm focused on tech startups. ## Everywhere Ventures (The Fund) - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, FinTech, Health Care 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. # 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