# Top 45 Internet VC (Venture Capital) Funds in Norway in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Investinor | 5 | Norway, United States, Switzerland | Seed, Series A | Software, Biotechnology, Manufacturing |
| Draper B1 | 3 | Spain, United States, Italy | Seed, Pre-Seed | Software, SaaS, Internet |
| Ferd | 3 | Norway, Sweden, United States | Private Equity, Post-IPO Equity | Energy, Software, Manufacturing |
| Innovation Norway | 3 | Norway, Romania, United States | Grant, Seed | Software, Information Technology, Artificial Intelligence |
| Founders Fund AS | 2 | Norway, United States | Seed | B2B, SaaS, Internet |
| BAGi | 2 | Spain, Norway, Switzerland | Seed, Angel | Internet, Health Care, Information Technology |
| Idekapital | 2 | Norway, United Kingdom | Seed, Series A | Software, SaaS, Artificial Intelligence |
| Schibsted Growth | 2 | Sweden, Norway, France | Seed, Series A | Internet, Financial Services, E-Commerce |
| The Crowd Angel | 2 | Spain, Norway | Seed, Equity Crowdfunding | Internet, E-Commerce, Software |
| Norselab | 2 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Analytics |
| Skagerak Maturo | 2 | Norway | Seed, Series A | Software, Information Technology, SaaS |
| Ring Capital | 1 | France, Spain, Canada | Series A, Series B | Software, Internet, Social Media |
| ETF Partners | 1 | United Kingdom, France, Norway | Series B, Series A | Software, Renewable Energy, Information Technology |
| SNÖ Ventures | 1 | Norway, Vietnam | Seed, Series A | Software, SaaS, Video Games |
| Point Nine | 1 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet |
| Northzone | 1 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, Information Technology |
| Momentum | 1 | Norway, Finland | Seed | Manufacturing, AgTech, Consumer |
| Arts Alliance | 1 | United States, United Kingdom, Norway | Seed, Series A | Advertising, Mobile, Software |
| We Are Human | 1 | Norway | Seed, Angel, Convertible Note | SaaS, Mobile, Software |
| Verdane | 1 | Sweden, Norway, Germany | Private Equity, Series A | E-Commerce, Software, Information Technology |
| Bakken & Baeck | 1 | Norway | Seed, Angel | Chemical, Software, Life Science |
| Nordic Impact | 1 | Norway | Seed | Chemical, Life Science, Visual Search |
| The Nordic Web Ventures | 1 | Denmark, Norway, Sweden | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Tikehau Capital | 1 | France, Italy, United Kingdom | Debt Financing, Private Equity, Post-IPO Debt | Manufacturing, Information Technology, Software |
| Hawk Infinity | 1 | Norway | Seed | Internet, E-Commerce, Web Hosting |
| Statkraft Ventures | 1 | Germany, France, Norway | Series A, Series B | Software, Big Data, Information Technology |
| The Index Project | 1 | United States, Denmark, Chile | Seed, Series A, Series B | Artificial Intelligence, Chemical, SaaS |
| Innosight Ventures | 1 | Singapore, United States, India | Series A, Seed | Software, E-Commerce, Social CRM |
| Everywhere Ventures (The Fund) | 1 | United States, United Kingdom, India | Seed, Pre-Seed, Series B | Software, Health Care, FinTech |
| Sandwater | 1 | Norway | Seed, Series A | AgTech, Energy, Battery |
| Pelican Ag | 1 | Norway, United States | Seed, Series A | Agriculture, AgTech, Credit |
| Alliance | 1 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics |
| IKM Invest | 1 | Norway | Seed | Electronics, Security, GreenTech |
| ESADE BAN | 1 | Spain, Chile, Norway | Seed, Angel, Series A | Software, Internet, SaaS |
| Møkster Investment | 1 | Norway |  | Software, Collaboration, Asset Management |
| Firestreak Ventures | 1 | United States, Israel, France | Seed, Pre-Seed, Series A | Software, Information Technology, Developer Tools |
| Tiger Holding | 1 | Norway |  | Internet, Wireless, Messaging |
| Lugard Road Capital | 1 | Norway, Spain, Brazil | Series C, Seed | E-Commerce, SaaS, Marketplace |
| Algård Holding | 1 | Norway | Seed | Security, GreenTech, Lifestyle |
| Founders & Fools | 1 | Norway | Seed, Angel | Mobile, Marketing, Social Network |
| Eudaimonia Capital | 1 | United States, China, Singapore | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Information Technology |
| Nordic Makers | 1 | United States, Denmark, Norway | Seed, Series A, Pre-Seed | Software, Education, Information Technology |
| Fathom Capital | 1 | United States, Norway | Seed, Series A, Series B | Software, SaaS, Information Technology |
| SINTEF Venture AS | 1 | Norway, United States, United Kingdom | Seed, Pre-Seed | Manufacturing, Software, Energy |
| RAA Ventures | 1 | United States, Norway | Seed, Pre-Seed | B2B, Apps, Sports |

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