Anders Hallin

Partner

Bente Loe

Partner

Arne Tonning

Partner

Past deals in Norway

Aquabyte

Venture Round in 2022
Aquabyte, Inc. specializes in developing advanced monitoring systems for the fish farming industry, employing computer vision and machine learning technologies. Founded in 2017 and headquartered in San Francisco, California, with an office in Bergen, Norway, Aquabyte's smart camera system enables real-time applications such as detecting biomass, counting sea lice, and monitoring fish appetite. The accompanying web dashboard provides continuous metrics to enhance operational efficiency. By integrating these technologies, Aquabyte aims to reduce operational costs and fish mortality while promoting sustainability in aquaculture. The company’s innovative approach seeks to address the challenges faced by fish farms, ultimately contributing to a more efficient and environmentally friendly industry.

Sanity

Series B in 2021
Sanity AS is a Norwegian company that provides a content platform designed for software developers and teams to collaboratively create and manage digital content. Founded in 2017 and headquartered in Oslo, with an additional office in San Francisco, Sanity offers a structured content solution that leverages APIs and technologies such as GraphQL and JavaScript. The platform facilitates real-time collaboration, enabling features like live multi-user editing and change tracking. It is utilized across various applications, including e-commerce sites, mobile apps, and marketing platforms, supporting workflows such as collaborative editing and content localization. By treating content as data, Sanity aims to enhance digital velocity, allowing organizations to efficiently distribute content to multiple devices, applications, and channels.

Boost AI

Funding Round in 2021
Boost.ai is a company that specializes in enterprise-grade conversational artificial intelligence (AI), offering a highly scalable platform designed to automate customer service and internal support functions. Its proprietary self-learning AI technology provides a no-code solution that is quick to deploy and user-friendly. The platform can handle an unlimited number of intents while maintaining a resolution rate exceeding 90 percent. This capability allows virtual agents created with Boost.ai's technology to manage thousands of interactions daily for major clients such as Telenor, DNB, and Silvercar by Audi. Headquartered in Stavanger, Norway, Boost.ai also has offices in Los Angeles, Oslo, Stockholm, and Copenhagen, underscoring its international presence in the AI-driven customer consulting market.

Shoreline

Series A in 2020
We are a fast growing B2B SaaS company providing the Shoreline Platform for simulation and data analytics to optimize and improve the development and management of renewable power plants. Shoreline’s solutions are based on internally developed simulation and optimization algorithms that streamline how operators, project developers, equipment manufacturers and service providers work to develop and construct new projects and manage existing assets. We are an international team with six nationalities, representation in the US, Europe, and Asia, and are now adding people to both the technical and commercial team in an exciting growth phase with venture funding from the US and Norway.

Superside

Seed Round in 2019
Superside is an on-demand freelancer agency that provides a range of creative services to businesses, enabling them to streamline their design processes. Formerly known as Konsus Inc., the company rebranded in September 2019 and has been operational since 2015, with headquarters in Palo Alto, California and an additional office in Oslo. Superside specializes in areas such as graphic design, web design, branding, motion graphics, and video production. The platform allows clients to easily submit tasks via email, chat, or a Slack bot, and assigns pre-qualified freelancers to handle these requests efficiently. With a client base of over 3,000 businesses, including major corporations like Cisco, Airbus, and Walmart, Superside aims to make design hassle-free for marketing and creative teams while delivering high-quality results at scale.

Sanity

Seed Round in 2019
Sanity AS is a Norwegian company that provides a content platform designed for software developers and teams to collaboratively create and manage digital content. Founded in 2017 and headquartered in Oslo, with an additional office in San Francisco, Sanity offers a structured content solution that leverages APIs and technologies such as GraphQL and JavaScript. The platform facilitates real-time collaboration, enabling features like live multi-user editing and change tracking. It is utilized across various applications, including e-commerce sites, mobile apps, and marketing platforms, supporting workflows such as collaborative editing and content localization. By treating content as data, Sanity aims to enhance digital velocity, allowing organizations to efficiently distribute content to multiple devices, applications, and channels.

Aquabyte

Series A in 2019
Aquabyte, Inc. specializes in developing advanced monitoring systems for the fish farming industry, employing computer vision and machine learning technologies. Founded in 2017 and headquartered in San Francisco, California, with an office in Bergen, Norway, Aquabyte's smart camera system enables real-time applications such as detecting biomass, counting sea lice, and monitoring fish appetite. The accompanying web dashboard provides continuous metrics to enhance operational efficiency. By integrating these technologies, Aquabyte aims to reduce operational costs and fish mortality while promoting sustainability in aquaculture. The company’s innovative approach seeks to address the challenges faced by fish farms, ultimately contributing to a more efficient and environmentally friendly industry.

Novelda

Funding Round in 2018
Novelda is a privately held semiconductor company based in Norway that focuses on research and development of nanoscale wireless low-power ultra wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence by monitoring minute movements, such as breathing and heartbeat. These sensors have various indoor applications, including consumer electronic devices and smart building systems. By integrating this advanced technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency in diverse settings.

Boost AI

Series A in 2018
Boost.ai is a company that specializes in enterprise-grade conversational artificial intelligence (AI), offering a highly scalable platform designed to automate customer service and internal support functions. Its proprietary self-learning AI technology provides a no-code solution that is quick to deploy and user-friendly. The platform can handle an unlimited number of intents while maintaining a resolution rate exceeding 90 percent. This capability allows virtual agents created with Boost.ai's technology to manage thousands of interactions daily for major clients such as Telenor, DNB, and Silvercar by Audi. Headquartered in Stavanger, Norway, Boost.ai also has offices in Los Angeles, Oslo, Stockholm, and Copenhagen, underscoring its international presence in the AI-driven customer consulting market.

Aquabyte

Seed Round in 2018
Aquabyte, Inc. specializes in developing advanced monitoring systems for the fish farming industry, employing computer vision and machine learning technologies. Founded in 2017 and headquartered in San Francisco, California, with an office in Bergen, Norway, Aquabyte's smart camera system enables real-time applications such as detecting biomass, counting sea lice, and monitoring fish appetite. The accompanying web dashboard provides continuous metrics to enhance operational efficiency. By integrating these technologies, Aquabyte aims to reduce operational costs and fish mortality while promoting sustainability in aquaculture. The company’s innovative approach seeks to address the challenges faced by fish farms, ultimately contributing to a more efficient and environmentally friendly industry.

Swarm64

Series B in 2018
Swarm64 (swarm64.com) provides accelerators for relational databases that enable real-time analytics of high velocity data. Swarm64’s team is world-class in delivering FPGA acceleration and real-time database design. Founded in 2013, Swarm64 is backed by leading Norwegian and German venture investors. Swarm64 is a Norwegian company with operations in Berlin, Germany.

Shoreline

Seed Round in 2017
We are a fast growing B2B SaaS company providing the Shoreline Platform for simulation and data analytics to optimize and improve the development and management of renewable power plants. Shoreline’s solutions are based on internally developed simulation and optimization algorithms that streamline how operators, project developers, equipment manufacturers and service providers work to develop and construct new projects and manage existing assets. We are an international team with six nationalities, representation in the US, Europe, and Asia, and are now adding people to both the technical and commercial team in an exciting growth phase with venture funding from the US and Norway.

Xeneta

Series B in 2017
Xeneta is a company that offers a platform for container freight pricing transparency, providing real-time and on-demand analytics for both ocean and air freight rates. Founded in 2012 and based in Oslo, Norway, Xeneta enables shippers and freight forwarders to access comprehensive freight rate information across all global trade routes. With over 45 million spot and long-term contracted rates covering more than 160,000 trade lanes, the platform helps businesses benchmark ocean container freight rates and stay informed about market price movements. By empowering clients to optimize their supply chains, Xeneta facilitates informed decision-making regarding freight procurement, allowing for a balance between timely delivery and cost efficiency.

Swarm64

Series A in 2015
Swarm64 (swarm64.com) provides accelerators for relational databases that enable real-time analytics of high velocity data. Swarm64’s team is world-class in delivering FPGA acceleration and real-time database design. Founded in 2013, Swarm64 is backed by leading Norwegian and German venture investors. Swarm64 is a Norwegian company with operations in Berlin, Germany.

Arundo Analytics

Seed Round in 2015
Arundo Analytics, Inc. is a provider of cloud-based and edge-enabled software solutions designed to analyze data from industrial assets and predict potential failures, thereby enhancing operational efficiency. Founded in 2015 and headquartered in Houston, Texas, with additional offices in Palo Alto, Oslo, Stockholm, and London, the company primarily serves asset-intensive industries in the United States. Arundo's software employs machine learning and advanced analytics to help organizations improve revenue, reduce costs, and mitigate risks by effectively connecting industrial data to decision-making models. The company gained recognition after graduating from Stanford University’s StartX accelerator program and receiving investment from the Stanford-StartX Fund, further solidifying its reputation as a leader in industrial data science solutions.

Oda

Seed Round in 2015
Oda, formerly known as Kolonial.no AS, is a prominent online grocery retailer based in Oslo, Norway. Founded in 2013, the company specializes in providing a wide array of grocery items, including fresh produce, dairy products, meats, seafood, baked goods, household essentials, and personal care items. Oda employs a data-driven approach to enhance efficiency and sustainability throughout its supply chain, aiming to deliver high-quality products directly to customers' doorsteps or designated collection points. The platform caters to millions of consumers, ensuring convenient access to everyday staples and ready-made meals while emphasizing a commitment to sustainable retail practices.

poLight

Venture Round in 2015
poLight is a Norwegian company based in Horten, specializing in the development of micro optical components using proprietary methods involving deformable polymers. The company focuses on creating the world's smallest and most cost-effective autofocus lenses for micro cameras, which are applicable in smartphones, wearables like smartwatches and smart glasses, as well as in industrial sectors such as medical and retail. poLight's technology is distinguished by its ability to manufacture components at the wafer scale, ensuring compact size, low cost, and high optical quality. Its product offerings include Driver ASIC and TLens, serving markets across the United States, Asia, and Europe.

Xeneta

Series A in 2015
Xeneta is a company that offers a platform for container freight pricing transparency, providing real-time and on-demand analytics for both ocean and air freight rates. Founded in 2012 and based in Oslo, Norway, Xeneta enables shippers and freight forwarders to access comprehensive freight rate information across all global trade routes. With over 45 million spot and long-term contracted rates covering more than 160,000 trade lanes, the platform helps businesses benchmark ocean container freight rates and stay informed about market price movements. By empowering clients to optimize their supply chains, Xeneta facilitates informed decision-making regarding freight procurement, allowing for a balance between timely delivery and cost efficiency.

Novelda

Funding Round in 2014
Novelda is a privately held semiconductor company based in Norway that focuses on research and development of nanoscale wireless low-power ultra wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence by monitoring minute movements, such as breathing and heartbeat. These sensors have various indoor applications, including consumer electronic devices and smart building systems. By integrating this advanced technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency in diverse settings.

poLight

Series B in 2011
poLight is a Norwegian company based in Horten, specializing in the development of micro optical components using proprietary methods involving deformable polymers. The company focuses on creating the world's smallest and most cost-effective autofocus lenses for micro cameras, which are applicable in smartphones, wearables like smartwatches and smart glasses, as well as in industrial sectors such as medical and retail. poLight's technology is distinguished by its ability to manufacture components at the wafer scale, ensuring compact size, low cost, and high optical quality. Its product offerings include Driver ASIC and TLens, serving markets across the United States, Asia, and Europe.

Ping Communications

Venture Round in 2010
Ping Communication AS, founded in 2007 and based in Oslo, Norway, specializes in developing internet products that enhance connectivity and communication. The company offers a range of devices, including analog telephone adapters, broadband gateways, integrated access devices, and fiber equipment. These products support various services such as video, data, telephony, and wireless communication, often incorporating features like firewalls and remote monitoring capabilities. By combining the functionalities of broadband modems and wireless routers, Ping Communication aims to provide comprehensive solutions for modern communication needs.

poLight

Venture Round in 2009
poLight is a Norwegian company based in Horten, specializing in the development of micro optical components using proprietary methods involving deformable polymers. The company focuses on creating the world's smallest and most cost-effective autofocus lenses for micro cameras, which are applicable in smartphones, wearables like smartwatches and smart glasses, as well as in industrial sectors such as medical and retail. poLight's technology is distinguished by its ability to manufacture components at the wafer scale, ensuring compact size, low cost, and high optical quality. Its product offerings include Driver ASIC and TLens, serving markets across the United States, Asia, and Europe.
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