# Top 50 Hardware VC (Venture Capital) Funds 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 |
| Draper B1 | 3 | Spain, United States, Italy | Seed, Pre-Seed | Software, SaaS, Internet |
| 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 |
| Antler | 3 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| Valinor AS | 3 | Norway, United Kingdom | Seed, Series A | Renewable Energy, Robotics, SaaS |
| Idekapital | 3 | Norway, United Kingdom | Seed, Series A | Software, SaaS, Artificial Intelligence |
| Dragonfly | 2 | United States, Hong Kong, Singapore | Seed, Series A | Blockchain, Cryptocurrency, Financial Services |
| BAGi | 2 | Spain, Norway, Switzerland | Seed, Angel | Internet, Health Care, Information Technology |
| Skagerak Maturo | 2 | Norway | Seed, Series A | Software, Information Technology, SaaS |
| TeleVenture Management | 2 | Norway, United States | Seed, Series A | Manufacturing, Software, Information Technology |
| Norselab | 2 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Analytics |
| The Crowd Angel | 2 | Spain, Norway | Seed, Equity Crowdfunding | Internet, E-Commerce, Software |
| Multicoin Capital | 2 | United States, Singapore, Switzerland | Seed, Series A | Blockchain, Cryptocurrency, Software |
| CoFounder | 2 | Norway | Seed, Series A | Manufacturing, Industrial, SaaS |
| Nordic Green Capital | 2 | Norway | Pre-Seed | Electronics, Public Safety, Information Technology |
| Skagerak Energi | 1 | Norway | Seed | Energy, Battery, Electronics |
| Digital Currency Group | 1 | United States, United Kingdom, Singapore | Seed, Series A | Blockchain, Cryptocurrency, FinTech |
| Coinbase Ventures | 1 | United States, Singapore, India | Seed, Series A | Blockchain, Cryptocurrency, FinTech |
| Rabobank Food & Agri Innovation Fund | 1 | United States, The Netherlands, Canada | Series A, Series B, Seed | Agriculture, AgTech, Farming |
| CoinGecko | 1 | United States, Canada, Vietnam | Seed, Series A | Blockchain, Cryptocurrency, Financial Services |
| Type One Ventures | 1 | United States, United Kingdom, Canada | Seed, Series A, Pre-Seed | Space Travel, Aerospace, Robotics |
| Voima Ventures | 1 | Finland, Norway, Sweden | Seed, Pre-Seed | Biotechnology, Health Care, Software |
| Alliance Ventures | 1 | United States, China, Israel | Series B, Series C, Series A | Software, Automotive, Artificial Intelligence |
| Northzone | 1 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, Information Technology |
| Sandwater | 1 | Norway | Seed, Series A | AgTech, Energy, Battery |
| SPRINGfondet | 1 | Norway | Seed | Software, Database, Hardware |
| Propagator Ventures | 1 | United States, Norway, Denmark | Seed, Series A | Artificial Intelligence, Information Technology, AgTech |
| Nysnø | 1 | Norway | Series A, Series B | Renewable Energy, Energy Efficiency, Manufacturing |
| Founders Fund AS | 1 | Norway, United States | Seed | B2B, SaaS, Internet |
| 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 Holding | 1 | Norway |  | Internet, Wireless, Messaging |
| Adolfsen Group | 1 | Norway | Series A, Series B | SaaS, Payments, Robotics |
| Target Partners | 1 | Germany, United States, Switzerland | Series A, Series B, Series C | Software, Enterprise Software, SaaS |
| Alameda Research | 1 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Financial Services |
| Andreessen Horowitz | 1 | United States, United Kingdom, Canada | Series A, Series B, Seed | Software, Information Technology, Internet |
| Tiger Global Management | 1 | United States, India, China | Series B, Series A, Series C | Software, FinTech, Financial Services |
| Holta Invest | 1 | Norway | Seed | Computer, Software |
| Bring Ventures | 1 | Sweden, Norway, United Kingdom | Seed, Series A | E-Commerce, B2B, Information Technology |
| Firestreak Ventures | 1 | United States, Israel, France | Seed, Pre-Seed, Series A | Software, Information Technology, Developer Tools |
| AVG Group | 1 | Norway | Seed | Electronics, Manufacturing, Semiconductor |
| VNTRS | 1 | Norway | Pre-Seed | SaaS, Software, Data Center |
| Momentum | 1 | Norway, Finland | Seed | Manufacturing, AgTech, Consumer |
| SNÖ Ventures | 1 | Norway, Vietnam | Seed, Series A | Software, SaaS, Video Games |
| Wiski Capital | 1 | Norway | Seed | Software, AgTech, Energy |
| Everywhere Ventures (The Fund) | 1 | United States, Australia, India | Pre-Seed, Seed, Series A | Software, FinTech, Health Care |

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