Fjord Invest

Fjord Invest is a Norwegian growth and expansion investment firm based in Førde. Founded in 2003, it targets opportunities across the company lifecycle, including start-up, seed, growth, and buyout investments, with activity focused on the Norwegian region. The firm concentrates on companies in information technology, business products and services, and sectors such as oil and gas, energy and environment, ICT, and the marine industry. By backing firms in western Norway, Fjord Invest aims to help them scale and expand domestically and regionally, providing capital and strategic guidance to accelerate growth while leveraging local market expertise.

Aud Espeland

Partner

Past deals in Norway

Quality Intervention

Venture Round in 2014
Quality Intervention AS is a Norwegian company specializing in products and services for the well intervention market, both nationally and internationally. Founded in 2008 and headquartered in Balestrand, with a project office in Stavanger, the company offers a range of innovative solutions aimed at enhancing operational efficiency and safety in the oil and gas sector. Its key offerings include CoilHose, a lightweight well circulation system that substitutes for coiled tubing, and an annulus intervention system that addresses casing annulus integrity. Additionally, Quality Intervention provides a well integrity service system that tackles various issues such as wellhead leaks and sealant injection. The company's services cater to oil companies, facilitating effective well intervention on drilling rigs and repairing leaks in annular spaces, thereby contributing to the extended production capabilities of oil and gas wells. Quality Intervention operates as a subsidiary of Expro International Group Holdings Limited.

Østerbø Maskin AS

Venture Round in 2014
Østerbø Maskin AS, founded in 1977 and based in Bjordal, Norway, specializes in the development and manufacturing of electromechanical products, including power supplies, machines, and electron testers. The company focuses on providing innovative solutions that incorporate smart washing technology, ensuring safety and efficiency. Its products cater to various industries, such as aquaculture, offshore, agriculture, and construction, offering both new and spare parts for diverse industrial machinery at competitive prices. Through its commitment to quality and technology, Østerbø Maskin AS plays a pivotal role in supporting the operational needs of its clients across multiple sectors.

Havkraft

Seed Round in 2010
Havkraft is a Norwegian company specializing in the development of wave energy converters for offshore installations. Its technology focuses on generating electricity from ocean waves, enabling various industries to harness and utilize wave energy.

Beat Technology

Seed Round in 2010
Beat Technology operates a digital media subscription business with a music streaming service and a platform for audiobooks and ebooks. The music service offers streaming and offline access on multiple devices, supports HTML5-based playback with Chromecast, and provides apps for iOS, Android, WindowsPhone and Chromecast. It collaborates with major record labels and partners with cable companies in Norway as a preferred music partner; the service has been launched in Norway and Bangladesh. The platform also provides a digital subscription solution enabling publishers to offer subscription-based access to audiobooks and ebooks, helping manage ownership, distribution, pricing and curation, and to build direct relationships with readers and listeners.

Phonofile

Venture Round in 2010
Phonofile is an independent music aggregator that specializes in distributing music for indie labels in the Nordic region. Established in 1999 by FONO, the independent label association in Norway, Phonofile collaborates with over 1,000 labels and boasts a catalog of more than 450,000 tracks across various styles and genres. The company provides a platform where professional users can search for music, enabling record labels, recording artists, and distribution companies to sell their music online. Phonofile is recognized for its transparency, offering daily updates on sales figures for releases. With offices located in Oslo, Stockholm, Gothenburg, and Copenhagen, Phonofile has established itself as a prominent player in the music distribution market.

Rocketfarm

Venture Round in 2010
Rocketfarm AS is a manufacturer of palletizing machinery based in Sogndal, Norway, established in 2008. The company specializes in robotics software and technology, providing innovative solutions for both small and large businesses. Its flagship product, Pally, is a palletizing robot that can define and save box dimensions, weight, and label/barcode positions, as well as specify the box position, orientation, and padding for various layer patterns. Additionally, Rocketfarm offers software that facilitates the adaptation of production lines to accommodate different boxes and pallets, enabling users to define interaction patterns with pre-defined boxes. The company also provides consulting services, helping clients to automate processes and enhance product development through advanced robotics and automation technologies.

Vidre

Acquisition in 2010
Vidre produced special buses for the Norwegian and Nordic markets.

Mera AS

Venture Round in 2009
Mera AS is a Norwegian company located in Fitjar, specializing in oil maintenance technology. It focuses on developing and supplying advanced solutions for condition monitoring and hydraulic system maintenance. By leveraging innovative technologies, Mera AS aims to enhance operational efficiency and reliability in the oil industry.

Tape Invent

Venture Round in 2008
Tape Invent AS is a Norwegian company that specializes in the development and manufacturing of innovative construction products. The company offers a range of products designed to enhance building processes, including anna tape, silicone, and various tools. One of its main offerings is CornerTape, a brand that provides effective masking solutions for tile corners. Through its commitment to product innovation and quality, Tape Invent aims to meet the needs of the construction industry and improve efficiency on job sites.

OceanGlobe AS

Venture Round in 2005
OceanGlobe AS engages in the development and sale of offshore submersible fish farms in Norway.

Easy Form

Venture Round in 2005
Easy Form AS is a company based in Maloy, Norway, specializing in the production of milled tree products tailored for the furniture industry. In addition to its manufacturing capabilities, Easy Form offers a range of product development services, including design, mold production, prototyping, and engineering. This comprehensive approach enables the company to support clients throughout the entire product development process, from initial concept to finished product. By combining expertise in woodworking with advanced design and engineering services, Easy Form positions itself as a valuable partner for businesses in the furniture sector.
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