# Top 40 Health Care VC (Venture Capital) Funds in Norway in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Investinor | 8 | Norway, United States, Switzerland | Seed, Series A | Software, Biotechnology, Manufacturing |
| Skyfall Ventures | 5 | Norway, Denmark, United States | Pre-Seed, Seed | Software, Information Technology, Artificial Intelligence |
| Birk Venture | 5 | Norway, United Kingdom | Seed, Series A | Biotechnology, Medical, Health Care |
| SINTEF Venture AS | 4 | Norway, United States, United Kingdom | Seed, Pre-Seed | Manufacturing, Software, Energy |
| TeleVenture Management | 3 | Norway, United States | Seed, Series A | Manufacturing, Software, Information Technology |
| Sarsia Seed Management | 3 | Norway | Seed, Series A | Biotechnology, Finance, Therapeutics |
| Schibsted Growth | 2 | Sweden, Norway, France | Seed, Series A | Internet, Financial Services, E-Commerce |
| Stratel | 2 | Norway, United Arab Emirates | Seed | Robotics, Software, 3D Technology |
| Hadean Ventures | 2 | Sweden, Norway, Austria | Series A, Series B | Biotechnology, Health Care, Pharmaceutical |
| Meneldor | 2 | United Kingdom | Series A | Health Care, Biotechnology, Health Diagnostics |
| Arali Ventures | 2 | India, United States, Norway | Seed, Series A, Pre-Seed | Artificial Intelligence, Software, Machine Learning |
| Persimmon Hill | 1 | Norway, United States | Seed | iOS, Gaming, Retail |
| DNB | 1 | Norway, Sweden, Denmark | Seed, Post-IPO Debt | Energy, Banking, Software |
| Yabeo Capital | 1 | Germany, United States, United Kingdom | Series A, Seed | FinTech, Health Care, Financial Services |
| CoFounder | 1 | Norway | Seed, Series A | Manufacturing, Industrial, SaaS |
| Teknoinvest | 1 | Sweden, Norway, United States | Series B, Series A | Health Care, Biotechnology, Medical |
| Link Venture Capital | 1 | Norway, United Kingdom, The Netherlands | Pre-Seed, Seed | Software, Information Technology, Renewable Energy |
| Bakken & Baeck | 1 | Norway | Seed, Angel | Chemical, Software, Life Science |
| SHS Capital | 1 | Germany, Switzerland, France | Series C, Series A | Health Care, Medical Device, Biotechnology |
| Gezina | 1 | Norway |  | Health Care, Biotechnology, Clinical Trials |
| Farvatn Venture | 1 | United States, Norway | Seed, Debt Financing | SaaS, FinTech, Software |
| CCAP Investments & Advisory | 1 | Austria | Series A | Finance, Leasing, Financial Services |
| The Index Project | 1 | United States, Denmark, Chile | Seed, Series A, Series B | Artificial Intelligence, Chemical, SaaS |
| Glastad Invest | 1 | Norway |  | Health Care, Biotechnology, Clinical Trials |
| Advent Life Sciences | 1 | United States, United Kingdom, France | Series A, Series B | Biotechnology, Health Care, Medical |
| HealthCap | 1 | United States, Sweden, France | Series B, Series A | Biotechnology, Health Care, Medical |
| Dynamk Capital | 1 | United States, Canada, Norway | Series A, Seed, Series B | Biotechnology, Medical, Health Care |
| Project Sandwater | 1 | Norway, The Netherlands | Series A | Medical, Consulting, Life Science |
| Arctic Investment Group | 1 | Norway | Seed | Health Care |
| SR One | 1 | United States, United Kingdom, Canada | Series A, Series B, Series C | Biotechnology, Health Care, Therapeutics |
| Swiss Diabetes Venture Fund | 1 | Norway, Sweden, Switzerland | Series A | Medical, Health Care, Medical Device |
| Silicon Valley AS | 1 | Norway | Seed, Pre-Seed | Baby, Wellness, Health Care |
| Innovations Kapital | 1 | Sweden, Denmark, United States | Series B, Series C | Biotechnology, Health Care, Software |
| ProVenture | 1 | Norway, United States, India | Seed, Series A | Oil and Gas, Software, Information Technology |
| Fyrin | 1 | Norway | Seed | Health Care |
| Futurum Ventures | 1 | Norway | Series A | Payments, Employee Benefits |
| Advent Venture Partners | 1 | United Kingdom, United States, Switzerland | Series B, Series A | Biotechnology, Health Care, Software |
| Nordic Angel Program | 1 | Finland | Seed | Apps, Software, Analytics |
| Kupa | 1 | Norway | Seed | Health Care |
| Nordic Impact | 1 | Norway | Seed | Chemical, Life Science, Visual Search |

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