Investinor

Investinor, established in 2008, is a Norwegian venture capital firm headquartered in Trondheim. It specializes in investing in high-potential, internationally focused companies based in Norway, with a focus on early growth to expansion-stage investments. The firm manages a portfolio of NOK 4.2 billion (approximately $500 million) and concentrates on sectors such as internet, software, semiconductors, energy, cleantech, marine, and life sciences.

Johan Bjørkevoll

Investment Director

Pål Breiland

CFO and Board Member

Rannveig Fadum

Investment Director

Torjus Falkanger

Associate

Otto Frøseth

Investment Director

Egil Garberg

Investment Manager

Marthe Hammerø

Associate

Ane Haugdal

Associate

John-Arne Hørløck

Investment Director

Patrick Kartevoll

Investment Director

Ann-Tove Kongsnes

Acting CEO, Investment Director

Mika Myrseth

Junior Associate

Patrick Sandahl

Investment Director and Head of Transactions

Ola Smeby

Investment Director

Kirill Tkachenko

Associate

Ronny Vikdal

Investment Director

Øystein Wikan

Investment Manager

Johann Bleivik Wist

Associate

Erik Wold

Investment Director

Past deals in Oslo

EXACT THERAPEUTICS AS

Post in 2024
EXACT Therapeutics AS is a clinical-stage biotechnology company based in Oslo, Norway, founded in 2012. The company focuses on developing a technology platform known as Acoustic Cluster Therapy (ACT), which utilizes sonoporation, a non-invasive method that employs ultrasound to enhance the effectiveness of various therapeutic agents. This innovative approach has the potential to significantly improve treatment outcomes across multiple medical fields, including oncology, where it can enhance chemotherapy and immunotherapy, as well as in the treatment of infectious diseases and neurological conditions.

Memory

Venture Round in 2021
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.

Xeneta

Series C in 2021
Xeneta, established in 2012 and headquartered in Oslo, Norway, specializes in providing real-time, on-demand container freight pricing transparency. Its platform offers access to over 45 million spot and long-term contracted rates across 160,000 global trade lanes, enabling shippers and freight forwarders to benchmark ocean container freight rates, stay informed about market price movements, and ensure competitive rates.

Xeneta

Venture Round in 2019
Xeneta, established in 2012 and headquartered in Oslo, Norway, specializes in providing real-time, on-demand container freight pricing transparency. Its platform offers access to over 45 million spot and long-term contracted rates across 160,000 global trade lanes, enabling shippers and freight forwarders to benchmark ocean container freight rates, stay informed about market price movements, and ensure competitive rates.

Memory

Venture Round in 2018
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.

Hy5Pro AS

Venture Round in 2018
Hy5Pro AS is a Norwegian Medtech company established in 2015 and headquartered in Oslo. It specializes in the manufacture and development of hydraulic prosthetics, focusing on enhancing the quality of life for individuals requiring such devices. The company's notable products include MyHand, which features adaptive and sensitive grips, and MySkin, designed to improve both appearance and grip strength. Hy5Pro AS is dedicated to innovation and aims to provide high-functioning prosthetic solutions that are accessible and affordable across various demographic and socioeconomic groups. Through its efforts, the company seeks to ensure that all individuals have the opportunity for full mobility and improved quality of life.

Dimension10

Seed Round in 2017
Dimension10 AS, founded in 2014 and based in Oslo, Norway, specializes in developing virtual reality communication and collaboration platforms. Its flagship product, VirtuaView, facilitates instant virtual prototyping and enhances collaborative efforts in a virtual environment. By leveraging cutting-edge technology, Dimension10 aims to transform how individuals and teams interact and create in a digital space.

SpinChip Diagnostics

Venture Round in 2016
SpinChip Diagnostics AS is a Norwegian company founded in 2012, specializing in the development of point-of-care diagnostic systems utilizing lab-on-a-chip technology. Based in Oslo, the company focuses on diagnosing cardiovascular, endocrine, anemic, diabetic, infectious, and inflammatory diseases. SpinChip is set to introduce a state-of-the-art platform for in vitro diagnostic analyses that promises faster, easier, and more reliable results in both hospital and decentralized medical settings. The fully automated device can analyze blood samples within minutes, initially targeting the rapid cardiac segment with a Troponin-I analysis, with plans to expand to a comprehensive cardiac panel. The SpinChip platform aims to match the quality of high-sensitivity central laboratory analyzers, presenting a compelling value proposition compared to existing point-of-care solutions.

Fronteer Solutions

Funding Round in 2015
Fronteer Solutions AS, founded in 2010 and based in Oslo, Norway, develops a technology platform designed to tackle various challenges in the financial services sector. The company provides a range of solutions for institutional investors, as well as self-service tools for individual customers. Its offerings include savings and investment solutions that utilize a global index to inform stock information. Fronteer Solutions is committed to delivering innovative financial products while catering to both professional investors and end users.

Placewise

Series C in 2014
Placewise is a global proptech company specializing in digital solutions for the shopping center industry. Established in 2004, it operates in multiple locations across Europe, the USA, Dubai, and Hong Kong, serving over 100 shopping center customers worldwide. The company's core product, The Mall Performance Cloud, integrates all digital touchpoints within a shopping mall environment into a single data layer. This enables Placewise to offer point-to-point solutions for loyalty schemes via mobile and integrated advertising solutions, ultimately helping shopping center owners increase sales. Placewise is committed to providing measurable results and continuously expands its global market position and product development, backed by venture and private equity funds.

Numascale

Series B in 2012
Numascale AS is a technology company based in Oslo, Norway, founded in 2008, that specializes in computer system interconnect technology for enterprise servers. The company develops solutions that facilitate scalable in-memory computing, enabling vendors to create big data analytics appliances tailored to specific performance requirements. Numascale's offerings include the NumaQ terascale in-memory analytics appliance, which efficiently handles data analytics workloads, and the NumaQ R Appliance, designed for statistical computing with R. Additionally, it provides MonetDB, a column-store database integrated with R, enhancing database-centric analytics capabilities. The company's innovative modular chip microarchitecture features on-chip memory transaction engines and a shared memory architecture, streamlining the design process for system vendors by eliminating the need for external interconnect fabric switches. Numascale operates as a subsidiary of Dolphin Group ASA.

Placewise

Series A in 2012
Placewise is a global proptech company specializing in digital solutions for the shopping center industry. Established in 2004, it operates in multiple locations across Europe, the USA, Dubai, and Hong Kong, serving over 100 shopping center customers worldwide. The company's core product, The Mall Performance Cloud, integrates all digital touchpoints within a shopping mall environment into a single data layer. This enables Placewise to offer point-to-point solutions for loyalty schemes via mobile and integrated advertising solutions, ultimately helping shopping center owners increase sales. Placewise is committed to providing measurable results and continuously expands its global market position and product development, backed by venture and private equity funds.

Smartfish AS

Venture Round in 2011
Smartfish AS, established in 2001 and headquartered in Oslo, Norway, is a biotech company specializing in the development of omega-3 based emulsions designed to support brain health, heart health, immune system function, and recovery. The company offers a range of clinical nutritional products, including Smartfish NutriFriend 1100 for cancer cachexia patients and NutriFriend 600 for general malnutrition. Additionally, Smartfish provides nutraceutical drinks, dietary supplements, nutritional treatments for cardiovascular disease, sports nutrition products, and juice-based formulations for both pediatric and adult use. Its products are utilized in various settings, including hospitals.

Ping Communications

Venture Round in 2010
Ping Communications AS, founded in 2007 and based in Oslo, Norway, specializes in the development of Internet products and telecommunications equipment. The company offers a range of devices including analog telephone adapters, broadband gateways, VoIP adapters, and integrated access devices that support video, data, telephony, and wireless communication. Their products feature advanced capabilities such as firewalls and combine the functions of broadband modems and wireless routers. Additionally, Ping Communications provides fiber equipment and remote monitoring and management systems, positioning itself as a comprehensive provider in the telecommunications sector.

Målselv Utvikling

Venture Round in 2010
Målselv Utvikling AS, founded in 2005 and based in Moen, Norway, was engaged in the development and operation of various hospitality and recreational facilities, including hotels, conference centers, apartment complexes, and amusement parks. The company's notable project, Målselv Fjellandsby, is situated near Bardufoss Airport and offers a range of modern amenities, including a ski café, pub, conference room, sports shop, and ski rental services, all set against a backdrop of stunning panoramic mountain views. However, as of May 2013, Målselv Utvikling AS entered liquidation, concluding its operations in this sector.

Numascale

Series A in 2009
Numascale AS is a technology company based in Oslo, Norway, founded in 2008, that specializes in computer system interconnect technology for enterprise servers. The company develops solutions that facilitate scalable in-memory computing, enabling vendors to create big data analytics appliances tailored to specific performance requirements. Numascale's offerings include the NumaQ terascale in-memory analytics appliance, which efficiently handles data analytics workloads, and the NumaQ R Appliance, designed for statistical computing with R. Additionally, it provides MonetDB, a column-store database integrated with R, enhancing database-centric analytics capabilities. The company's innovative modular chip microarchitecture features on-chip memory transaction engines and a shared memory architecture, streamlining the design process for system vendors by eliminating the need for external interconnect fabric switches. Numascale operates as a subsidiary of Dolphin Group ASA.
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