SINTEF Venture

SINTEF Venture is the corporate venture capital arm of Sintef Group, based in Trondheim, Norway. It invests in spin-off companies originating from SINTEF, NTNU and other research-based institutions, aiming to translate research results into commercial products. The organization focuses on early-stage opportunities and often collaborates with sector-specialized venture funds to co-invest. By drawing on the group's research ecosystem, it supports applied research, technology development and contract R&D with partner companies. SINTEF Venture targets a broad range of technology sectors including energy, healthcare, information technology, artificial intelligence, IoT, big data, climate and construction technology, education technology, augmented reality, audio technology, nanotechnology and life sciences, among others. The entity operates as part of the Sintef Group's effort to accelerate innovation within Norway's research base and industry.

Asle Jostein Hovda

Investment Director

Past deals in Norway

Sensibel

Venture Round in 2024
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

Nomono

Seed Round in 2022
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.

Sensibel

Series A in 2022
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.

Nomono

Seed Round in 2021
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.

Nomono

Seed Round in 2020
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.

Nomono

Seed Round in 2019
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.

Nomono

Pre Seed Round in 2019
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.

Sonoclear AS

Venture Round in 2018
Sonoclear AS, founded in 2016 and based in Trondheim, Norway, specializes in the manufacturing of SonoClear®, an acoustic coupling fluid designed for brain tumor surgery. This innovative product enhances ultrasound imaging by eliminating image artifacts that typically occur in resection cavities. By improving the clarity of surgical images, SonoClear® supports healthcare professionals in making informed clinical decisions during procedures. The company is focused on advancing surgical techniques and outcomes in the field of neurosurgery through its specialized technology.

FunzioNano AS

Venture Round in 2018
FunzioNano AS is an independent research organization based in Trondheim, Norway, established in 2015. The company specializes in the development of nano-sized hybrid polymers designed to enhance the properties of commodity materials. Their innovative polymers serve various industries, focusing on applications such as water-repellent coatings, fire retardant materials, and gas barrier packaging. By leveraging advanced nanotechnology, FunzioNano AS aims to improve material performance and address industry-specific challenges.

AblePay Technologies

Seed Round in 2017
AblePay Technologies AS specializes in mobile payment solutions, providing innovative products such as BlueSIM, a smart chip that enhances payment terminals with Bluetooth capabilities. This technology upgrades existing payment systems to support various mobile payment applications on phones and tablets, enabling features like prepayment customer identification and advertising through beacon services. AblePay Technologies serves telecom companies and other clients, leveraging its expertise developed from a spin-out of Telenor's Research Department in 2009. The company is headquartered in Trondheim, Norway, and has collaborated with SINTEF, Scandinavia's largest independent research organization, to advance its technology.

FunzioNano AS

Seed Round in 2016
FunzioNano AS is an independent research organization based in Trondheim, Norway, established in 2015. The company specializes in the development of nano-sized hybrid polymers designed to enhance the properties of commodity materials. Their innovative polymers serve various industries, focusing on applications such as water-repellent coatings, fire retardant materials, and gas barrier packaging. By leveraging advanced nanotechnology, FunzioNano AS aims to improve material performance and address industry-specific challenges.

C-Feed AS

Seed Round in 2015
C-Feed AS is a Norwegian company based in Trondheim, established in 2014, that specializes in the production of copepod eggs and live copepods. These products are specifically designed for the early stage feeding of marine fish, crustaceans, and other marine organisms, catering to the needs of the aquaculture and aquarium industries. C-Feed AS serves a global customer base, providing essential nutrients for the growth and development of various marine species.

Biosergen

Funding Round in 2013
Biosergen is a clinical-stage biotechnology company focused on developing innovative antifungal therapies to treat life-threatening fungal infections. Its lead product candidate, BSG005, aims to eliminate infections rather than merely slowing their growth, potentially reducing the risk of drug resistance.

poLight

Venture Round in 2009
poLight specializes in developing micro optics components for various applications such as smartphones, wearables, and industrial sectors like medical imaging and retail. The company's proprietary technology enables wafer-scale manufacturability of compact, low-cost, high-quality active optical components using deformable polymers.
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