# Top 50 VC (Venture Capital) Funds in Norway in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Investinor | 48 | Norway, United States, Switzerland | Seed, Series A | Software, Biotechnology, Manufacturing |
| Skyfall Ventures | 30 | Norway, Denmark, United States | Pre-Seed, Seed | Software, Information Technology, Artificial Intelligence |
| Alliance | 26 | Norway, United States, Sweden | Seed, Series A | Software, Information Technology, Analytics |
| ProVenture | 22 | Norway, United States, India | Seed, Series A | Oil and Gas, Software, Information Technology |
| Innovation Norway | 22 | Norway, Romania, United States | Grant, Seed | Software, Information Technology, Artificial Intelligence |
| SINTEF Venture AS | 19 | Norway, United States, United Kingdom | Seed, Pre-Seed | Manufacturing, Software, Energy |
| SNÖ Ventures | 17 | Norway, Vietnam | Seed, Series A | Software, SaaS, Video Games |
| Idekapital | 16 | Norway, United Kingdom | Seed, Series A | Software, SaaS, Artificial Intelligence |
| Antler | 15 | Singapore, United Kingdom, Australia | Pre-Seed, Seed, Series A | Software, Information Technology, SaaS |
| DNB | 10 | Norway, Sweden, Denmark | Seed, Post-IPO Debt | Energy, Banking, Software |
| Skagerak Maturo | 10 | Norway | Seed, Series A | Software, Information Technology, SaaS |
| Ferd | 10 | Norway, Sweden, United States | Private Equity, Post-IPO Equity | Energy, Software, Manufacturing |
| Northzone | 10 | United States, Sweden, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, Information Technology |
| Schibsted Growth | 9 | Sweden, Norway, France | Seed, Series A | Internet, Financial Services, E-Commerce |
| Arkwright X | 9 | Norway | Seed, Pre-Seed | Software, SaaS, PaaS |
| RunwayFBU | 9 | Norway | Pre-Seed, Seed, Angel | Software, SaaS, B2B |
| TeleVenture Management | 7 | Norway, United States | Seed, Series A | Manufacturing, Software, Information Technology |
| Valinor AS | 7 | Norway, United Kingdom | Seed, Series A | Renewable Energy, Robotics, SaaS |
| Creandum | 7 | Sweden, Germany, United States | Series A, Seed, Series B | Software, Information Technology, Mobile |
| Link Venture Capital | 7 | Norway, United Kingdom, The Netherlands | Pre-Seed, Seed | Software, Information Technology, Renewable Energy |
| Norselab | 6 | Norway, Switzerland, United States | Seed, Series A | Software, SaaS, Analytics |
| Birk Venture | 5 | Norway, United Kingdom | Seed, Series A | Biotechnology, Medical, Health Care |
| Viking Venture | 5 | Norway, United States, United Kingdom | Series A, Series B | Oil and Gas, Software, Energy |
| Construct Venture | 5 | Norway | Seed, Series A | Information Technology, Real Estate, Information Services |
| Momentum | 5 | Norway, Finland | Seed | Manufacturing, AgTech, Consumer |
| Speedinvest | 4 | Germany, United Kingdom, Austria | Seed, Series A, Pre-Seed | Software, FinTech, Financial Services |
| Concentric | 4 | United Kingdom, United States, Norway | Seed, Series A, Series B | Financial Services, Software, E-Commerce |
| Stratel | 4 | Norway, United Arab Emirates | Seed | Robotics, Software, 3D Technology |
| Founders Fund | 4 | United States, United Kingdom, Germany | Series A, Seed, Series B | Software, Health Care, Internet |
| Wiski Capital | 4 | Norway | Seed | Software, AgTech, Energy |
| Bring Ventures | 4 | Sweden, Norway, United Kingdom | Seed, Series A | E-Commerce, B2B, Information Technology |
| CoFounder | 4 | Norway | Seed, Series A | Manufacturing, Industrial, SaaS |
| The Nordic Web Ventures | 4 | Denmark, Norway, Sweden | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology |
| Blue Bear Capital | 3 | United States, Canada, Norway | Series A, Seed | Software, SaaS, Information Technology |
| Sagene Tech Ventures | 3 | Norway | Seed | Software, Enterprise, Publishing |
| Point Nine | 3 | Germany, United States, France | Seed, Series A, Series B | Software, SaaS, Internet |
| MP Pensjon | 3 | Norway | Seed, Series A | Software, SaaS, AgTech |
| Sondo Capital | 3 | Norway | Pre-Seed | Other, Design |
| Voyagers | 3 | United Kingdom, Norway, Sweden | Seed, Pre-Seed, Convertible Note | B2B, Biotechnology, Machinery Manufacturing |
| Founders Fund AS | 3 | Norway, United States | Seed | B2B, SaaS, Internet |
| Saudi Aramco Energy Ventures | 3 | United States, United Kingdom, Norway | Series C, Series B | Energy, Oil and Gas, Software |
| Hadean Ventures | 3 | Sweden, Norway, Austria | Series A, Series B | Biotechnology, Health Care, Pharmaceutical |
| Verdane | 3 | Sweden, Norway, Germany | Private Equity, Series A | E-Commerce, Software, Information Technology |
| Butterfly Ventures | 3 | Finland, Sweden, Norway | Seed, Pre-Seed | Health Care, Software, Information Technology |
| Weekend Fund | 3 | United States, India, Canada | Seed, Pre-Seed, Series A | Software, Information Technology, FinTech |
| Statkraft Ventures | 3 | Germany, France, Norway | Series A, Series B | Software, Big Data, Information Technology |
| Kraken Ventures | 3 | United States, Singapore, France | Seed, Series A, Series B | Blockchain, Cryptocurrency, Financial Services |
| OBOS Forsikring | 3 | Norway | Seed, Series A | Real Estate, Information Technology, Solar |
| MP Pension | 3 | Norway | Seed, Series A | Information Technology, Software, Apps |
| Nysnø | 3 | Norway | Series A, Series B | Renewable Energy, Energy Efficiency, Manufacturing |

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