Investinor is a Norwegian venture capital firm based in Trondheim that invests in Norwegian startups with high growth potential and strong international orientation. Founded in 2008, it focuses on companies in internet, software, semiconductors, energy, cleantech, marine, and life sciences sectors, supporting ventures from early growth to expansion.

IdeKapital is a venture capital firm based in Oslo, Norway, founded in 2016. It invests in rapidly growing Norwegian technology companies across stages, including seed, early, and growth, with a focus on software, information technology, and related services. The firm provides growth equity and offers strategic advice and scale-up support to entrepreneurs to help them expand operations and scale their businesses.

Startuplab is a Nordic tech investor, incubator, and accelerator based in Oslo, Norway. Founded in 2012, it supports early-stage technology ventures, having worked with more than 450 startups and invested in over 150 early-stage companies. The organization focuses on Norwegian technology companies across mobility, hardware, energy, and data science sectors. Its portfolio includes ReMarkable, Huddly, Attensi, Dragonbox, Ardoq, Sensibel, Oivi, NoIsolation, Vivaldi, Tunable, Hold, and OverEasy Solar.

Ferd Capital is the private equity and venture capital arm of Ferd, based in Oslo with an additional office in Lysaker, Norway. It acts as an asset manager investing in privately held and listed companies across Europe and the Nordic region, pursuing a broad range of strategies from late-stage and growth capital to buyouts, recapitalization, and international expansion. The firm seeks equity investments typically in the 50 to 150 million range for ownership between 15 and 100 percent and often takes board seats with a preference for majority control. It maintains an industry-agnostic approach, targeting sectors including energy, materials, information technology, industrials, consumer goods, healthcare, financials, telecommunications, utilities, and ESG-focused opportunities. Ferd Capital emphasizes long-term, active ownership aligned with Ferd's value platform and competitive strengths, supporting portfolio companies through strategic and operational improvements.

Sandwater is a venture capital firm founded in 2021 and based in Oslo, Norway. It concentrates on investments in resource efficiency, energy transition, human health and wellbeing, and impact enablers, aiming to support ambitious companies that drive meaningful, measurable impact.

Alliance Venture is a venture capital and private equity firm founded in 2001, with headquarters in Oslo, Norway, and additional offices in Palo Alto, California, and Stockholm, Sweden. The firm specializes in seed, startup, and early-stage investments, primarily targeting privately held technology companies that operate at the intersection of information communication technology, micro-technology, material technology, and biotechnology. It also focuses on media, telecommunications, and information technology within the oil and energy sectors. Alliance Venture invests in regions including Scandinavia, the United States, Latin America, and parts of Asia and Africa, typically committing between $0.2 million and $1.7 million to its portfolio companies. The firm aims for a lead role and board seat in Norwegian investments, while co-investing in other regions without insisting on board representation. With total funds under management of approximately $100 million, Alliance Venture seeks to exit its investments through initial public offerings or trade sales.

Northzone is a venture capital firm founded in 1996 and headquartered in London, with offices in New York, Oslo and Stockholm. The firm backs technology-focused companies across stages, prioritizing software, hardware, and AI-enabled businesses, along with sectors such as healthcare, semiconductors, blockchain, gaming, fintech, and marketplaces. Northzone seeks to help founders scale internationally by connecting portfolio companies with customers, partners and talent through its global network. The firm has built a track record of partnering with category-defining founders and has a Nordic to European footprint complemented by a U.S. presence to support cross-border growth. Northzone emphasizes technology-driven models with potential for rapid expansion and tends to invest in companies at early to growth stages, leveraging its multi-region reach to support portfolio companies in scaling globally.

Yara Growth Ventures is the venture investment team of Yara International ASA, based in Oslo, Norway. Established in 2021, the organization focuses on investing in innovative startups within the agri-food industry and the clean hydrogen sector. Its primary goal is to support the development of solutions that contribute to responsibly feeding the global population and protecting the environment. By targeting disruptive technologies and business models, Yara Growth Ventures aims to foster advancements that align with sustainable agricultural practices and energy solutions.

Established in 2016, Sagene Tech Ventures is a venture capital firm based in Oslo, Norway. It focuses on investing in early-stage business-to-business SaaS companies within the Norwegian market.

Arkwright X is a venture capital and incubation firm based in Oslo, Norway, founded in 2017. It backs early-stage B2B technology startups in the Nordic region, with a focus on Norway, providing capital and hands-on support drawn from venture experience and a management consulting network. The firm primarily funds pre-seed and seed rounds and may participate in subsequent rounds to help founders scale, aiming to build strong, enduring companies.

Propagator Ventures is a venture capital firm based in Oslo, Norway, that focuses on early-stage deep-tech investments in machine learning, artificial intelligence, quantum computing, robotics, encryption, and materials. With strong ties to science, the firm backs technology startups at the intersection of research and commercialization, supporting innovations from concept to early market adoption.

Lean Venture, founded in 2012 and based in Oslo, Norway, operates as a network of business angels, innovation mentors, and agile consultants. The organization specializes in supporting small and medium-sized enterprises within the IT software and IT services sectors, primarily focusing its investments across Europe. Lean Venture aims to foster innovation and growth among its portfolio companies by leveraging its extensive network and expertise in agile methodologies.

Klein Group is a group of companies based in Oslo, Norway, founded in 2009, that invests across media, entertainment, web3, technology, artificial intelligence, i-gaming, and e-commerce, with holdings in real estate and other venture investments. The group focuses on building value through digital media and tech-enabled businesses as well as property ventures.

Founded in 1986, Farmhouse Capital is a venture capital firm based in Oslo, Norway. It invests in early-stage technology startups operating primarily in SaaS and TMT sectors.

SEED Capital Denmark is a Copenhagen-based venture capital firm focused on seed- and early-stage technology investments in Denmark and the Nordic region. Founded in 2004, it backs technology-driven companies across software, information technology, and TMT sectors and supports Danish startups with global ambitions. The firm has managed multiple funds including SEED Capital Denmark II, III and IV, and makes investments across Denmark and other Nordic markets such as Finland, Iceland, Norway and Sweden depending on the fund. Typical ticket sizes vary by fund, with documented ranges from about 5 million to 75 million Danish kroner, and late-seed rounds sometimes reported in the low single-digit millions of euros. Through its funds, SEED Capital Denmark aims to build early-stage portfolios of Danish tech companies and guide them toward international growth.

SNÖ Ventures is a venture capital firm founded in 2015 and based in Oslo, Norway, with an additional office in Palo Alto, California. It specializes in seed-stage investments in technology companies, primarily in the Nordic region, and supports early-stage Nordic tech entrepreneurs in their global growth.

Farvatn Venture is a venture capital firm founded in 2016. Reported bases include Bergen, Norway, and San Francisco, reflecting a cross-border approach to technology investing. The firm focuses on early-stage opportunities in emerging tech companies, with activity spanning the Nordic region and Silicon Valley. Its sector interests include ocean, life science, and renewable energy, indicating a tilt toward deep-tech and sustainable sectors. Farvatn Venture backs startups that address global challenges by supporting innovative technologies and scalable business models across Europe and North America.

Sarsia is an early-stage venture capital investor focused on science-based technology companies. Founded in 2006 and based in Bergen, Norway, the firm targets investments in life sciences, technology, energy, and sustainability sectors, supporting early-stage ventures with industry and technical expertise.

Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.

Firda is a venture capital firm based in Oslo, Norway, founded in 2015. It supports Norwegian technology startups with the goal of becoming global leaders, investing in IoT, robotics, clean energy, and software as a service, and is led by a founding team with strong technical expertise.

Fjord Invest is a Norwegian growth and expansion investment firm founded in 2003 and based in Førde, Norway. The firm targets companies across the Norwegian region, providing capital across multiple lifecycle stages—from start-up and seed to growth and buyout. Its sector focus includes business products and services, information technology, oil and gas, ICT, energy and environment, and the marine sector.

ProVenture Management is a Norway-based venture capital firm focused on seed and early-stage investments. Founded in 2006 and headquartered in Trondheim, with an additional office in Stavanger, it primarily targets Norwegian technology companies. The firm backs digital technology startups and seeks opportunities in energy and oil and gas technology, marine and material technology, process and medical technology, and information and communication technology. It aims to be a lead investor in early rounds and prefers co-investors for portfolio companies, supporting growth through active involvement and its Norwegian network.

TeleVenture is a venture capital firm based in Oslo, Norway, founded in 1993. It focuses on information and communication technology, including mobile, wireless, broadband and Internet-related businesses, and aims to invest in Scandinavian and European regions. The firm backs early-stage startups across sectors such as industrials, software, energy, telecom, oil and gas, information technology, life sciences, marine and consumer, and frequently seeks board seats in its portfolio companies.

Antler is a global venture capital firm based in Singapore that backs early-stage technology companies. It runs incubation programs and provides a global community of co-founders, access to talent, expert advisors, expansion support, and capital to help startups grow. The firm targets a broad range of sectors, including healthcare, finance, software, energy, consumer and B2B technologies, and operates through regional programs across Europe, the United States, the United Kingdom, Southeast Asia, India, Africa, and beyond.

RunwayFBU is a venture capital firm founded in 2021 and based in Fornebu, Norway. It focuses on investing in software and technology startups, providing capital to support early growth. The firm describes itself as building a technology ecosystem in Fornebu, offering access to a broad network of mentors, investors, partners, and advisors to help entrepreneurs secure pilots, shape advisory boards, and access deal flow. It emphasizes collaboration with other tech hubs, incubators, and co-investors as part of its strategy to help portfolio companies succeed. The organization aims to support founders through funding and access to a collaborative ecosystem that facilitates market entry and scale. This description captures RunwayFBU as a regional venture investor with a tech hub approach to backing software and tech startups in Norway.

NordicNinja VC is a London-based venture capital firm, founded in 2019, that backs early-stage technology startups in the Nordic and Baltic regions, with emphasis on robotics, automation, health tech, artificial intelligence, and mobility. The firm targets sectors including information technology, AI/ML, Internet of Things, virtual reality, cybersecurity, digital health, robotics and drones, and other deep-tech areas, supporting founders to scale across Northern Europe.

Kistefos is a privately owned Norwegian investment firm based in Oslo that makes direct and early to mid-stage investments across Europe. It targets sectors including offshore, shipping, banking and financial services, real estate, information technology and telecommunications, as well as technology-enabled services, green energy and alternative assets. The firm typically invests sizable rounds, often NOK 10 million or more, and seeks lead or co-lead positions while providing active support to management to drive long-term value creation. It pursues flexible mandates, including build-ups, growth capital, rescue financings and buyouts, with planned exits in roughly three to seven years through public offerings or strategic sales.

Norselab is an Oslo-based Nordic impact investment platform, incubator and venture capital firm that backs net-positive startups and growth companies. Founded in 2015, it provides capital and strategic expertise to credit and equity investments in the impact sector across Norway and the Nordic region, with a focus on technology-enabled businesses such as data-centric platforms, online marketplaces, software as a service, and IoT. The firm seeks long-term investments in ventures that contribute to positive environmental and social outcomes in resource-intensive industries, leveraging its hands-on approach to help portfolio companies scale.

SINTEF is the largest independent research organisation in Scandinavia. It creates value through knowledge generation and the development of technological solutions that are brought into practical use for industry and society.

Aidiom is a venture capital firm based in Oslo, Norway, founded in 2020. It is an early-stage investor that provides seed and venture capital to deep-tech startups focused on applied artificial intelligence for enterprise software, targeting opportunities across Europe.

CoFounder is a management and investment company and venture capital firm based in Trondheim, Norway, focusing on technology companies with strong growth potential and providing early-stage capital and hands-on management resources, working with spin-offs from research and industrial environments as well as standalone entrepreneurial ventures across sectors including B2B and B2C technology, energy, healthcare, information technology, digital health, agtech, e-commerce and fintech infrastructure in Norway.

Hadean Ventures is an Oslo-based life science investment firm that backs European life science and healthcare companies, with a focus on the Nordic region. The firm targets opportunities across pharmaceuticals, biotechnology, medical devices and other health sectors, across all stages, seeking products with potential to address unmet medical needs. It operates across Europe and maintains offices in Oslo and Stockholm. The company collaborates with leading academic institutions and startup hubs to support portfolio companies through research, development and commercialization. Founded in 2014.

TRK Group is an Oslo-based advisory and active ownership firm operating as a venture capital investor. It targets seed to emerging growth investments in disruptive technologies and digital service transformation, focusing on ESG technology, industrial technology, enterprise technology, retail technology, and health technology. The firm takes active ownership and advisory board positions for three to five years. Its geographic focus includes Nordic countries and Emerging Africa. Investments span med tech, IoT/software, and digital service transformation enablers such as marketplaces, media, coaching, and digital marketing.

Skyfall Ventures is an Oslo-based venture capital firm that focuses on seed- and early-stage Nordic technology companies. It maintains a sector-agnostic approach, investing across a broad range of technologies with emphasis on consumer, software-as-a-service, and enterprise software ventures.

Statkraft Ventures is the corporate venture capital arm of Statkraft, a leading European producer of renewable energy. It invests in early- and growth-stage startups operating in the energy transition, climate tech, and related segments across Europe and North America. Headquartered in Düsseldorf, Germany, with offices in Germany and Norway, Statkraft Ventures provides capital and hands-on expertise to help portfolio companies scale and accelerate the transition to a sustainable future.

SEB Venture Capital is the strategic corporate venture arm of SEB, focused on fintech investments. It supports entrepreneurs and innovators in launching and growing fintech businesses and pursues partnerships with SEB to advance fintech solutions. The firm seeks groundbreaking technologies that improve the efficiency, safety, and user-friendliness of financial services and aims to foster long-term value creation within the SEB ecosystem and the broader financial industry.

Katapult Group is an Oslo-based accelerator and venture firm founded in 2016 that invests in early-stage technology startups, with a focus on climate and ocean-related initiatives. The company operates Katapult Accelerator, a program that supports startups in environmental, societal, and exponential technologies, and Katapult Ocean, an ocean-focused venture initiative. Together, these platforms aim to steward capital and innovation toward sustainable development, aligning impact with technology and fostering multi-stakeholder collaboration.

Alligate is a venture capital investment firm based in Oslo that backs startups in the prop-tech sector, with a focus on property and real estate management in the Nordic region. It invests in, supports, and develops early-stage companies, helping them form partnerships with owners and developers. Through building a network of innovators and industry influencers, Alligate aims to drive meaningful change across the Nordic property and real estate industry.

Spring Capital is a Tallinn-based venture capital firm that backs technology companies in the Baltic and Nordic regions. Founded in 2008, it pursues seed and growth investments, focusing on scalable technology-driven startups and growth companies that are EBITDA-positive or approaching profitability. In seed rounds it typically writes checks of about €75,000–€200,000 to participate in larger rounds with runway, while in growth rounds it seeks minority stakes in rounds of €300,000–€700,000. The firm concentrates on the information technology sector and prefers opportunities in Denmark, Estonia, Latvia, Lithuania, Norway, Sweden, and the broader Baltics and Nordics. Management invests its own capital to support portfolio companies.

Kinnevik is an industry-focused investment company based in Sweden that builds digital consumer businesses by partnering with talented founders and management teams to create, invest in, and lead fast-growing companies in developed and emerging markets. The group seeks to deliver shareholder value while contributing positively to society through well-governed ventures and responsible governance. Founded in 1936 by the Stenbeck, Klingspor and von Horn families, Kinnevik concentrates on digital consumer platforms and related technologies across global markets.

NeoMed Management is a venture capital firm founded in 1997 that focuses on healthcare and life sciences, including pharmaceuticals, biotechnology, medical devices and diagnostics. It operates from offices in Norway and Switzerland and pursues international investments across Europe and North America, taking a multi-stage approach from early-stage start-ups to growth companies. The firm works closely with entrepreneurs and leverages a broad industry network to support portfolio companies through development, validation and market expansion, aiming at innovative medical products with substantial market opportunities.

Brightly Ventures is a venture capital firm based in Stockholm, Sweden, focused on seed and early‑stage technology companies in the Nordic region. Founded in 2018, it backs startups across sectors including HealthTech, FinTech, Marketplaces, DeepTech and MediaTech, investing equity in Nordic companies across Sweden, Norway, Denmark, Finland and Iceland. The firm emphasizes a hands‑on approach, leveraging its network and operational experience to help portfolio companies grow.

Aggregate is a Stockholm-based venture capital firm that concentrates on media and related digital sectors in Sweden, Finland and Norway. Established in 2002, the firm has completed over 250 transactions across e-commerce, digital services, product and B2B companies, and provides media-centric financing such as expansion capital and media-for-equity to help portfolio companies grow and expand their market reach.

Nordic FoodTech VC is a Helsinki-based venture capital firm that backs early-stage Nordic food tech companies. It focuses on startups across the Nordic region, including Denmark, Finland, Iceland, Norway and Sweden, supporting innovations in food production, processing, distribution and consumer tech. As a dedicated investor in the future of food, the firm aims to help founders scale their technologies and build a sustainable food system throughout the region.

Wave Ventures is a venture capital firm founded in 2016 and headquartered in Helsinki, Finland, with an additional office in Sweden. It operates as a student-run organization and is noted as the largest student-run venture capital firm in Europe. The firm focuses on pre-seed investments across the Nordic and Baltic regions, backing Gen Z entrepreneurs at the earliest stages. Its investors and supporters include unicorn founders from the Nordic ecosystem. The team comprises five members drawn from top regional universities, enabling it to pair early-stage founders with hands-on insight. Wave Ventures targets opportunities across Denmark, Finland, Iceland, Norway, Sweden, Estonia, Latvia, and Lithuania.

Ambient Sound Investments is a Tallinn, Estonia-based family office and private investment vehicle founded in 2003 by four engineers from Skype. It provides investment management and holds minority stakes in ventures through direct investments and fund-of-funds, focusing on private equity and venture capital across incubation, seed, early-stage, growth, and PIPEs, as well as selective investments in real assets. The firm typically pursues minority positions around 25 percent, with larger stakes in incubators, and pursues co-investments and occasional entries into public equity. Its portfolio concentrates on information technology, software, web, social media, and research and development companies, with a geographic focus on the United States, Europe and Asia, including Eastern Europe and countries such as Russia, Lithuania, Denmark, Finland, France, Iceland, Norway, Sweden and the United Kingdom. Investment sizes range roughly from half a million to two million euros, and capital is deployed from personal capital and balance sheet sources. The organization originated to hold a minority Skype stake and now operates as a private investment vehicle.

P53 is a venture capital firm based in Stavanger, Norway, focused on identifying and investing in healthcare companies, particularly in biotechnology and medical devices.

Sondo Capital is a venture capital investment firm based in Oslo, Norway, founded in 2021. The firm focuses on investing in pre-seed and seed-stage teams that have a connection to Norway. By targeting early-stage companies, Sondo Capital aims to support and foster innovation within the region, providing essential capital and resources to nascent businesses.

Laerdal Million Lives Fund is a venture capital firm that invests in life-saving healthcare technologies with commercial-ready products capable of deploying scalable impact through stand-alone business models. It focuses on maternal and neonatal care, emergency medicine, critical care, and surgery, and seeks to advance medical education and training for providers and patients. The fund targets early-stage opportunities and provides initial investments of $1–$5 million to support scaling of technologies addressing mortality and improving clinical outcomes. Its activities support Laerdal’s goal to save one million lives annually by 2030. The firm is headquartered in San Francisco, California, with an additional office in Stavanger, Norway.

Maki.vc is a venture capital firm founded in 2018 and based in Helsinki, Finland, with Nordic roots and a global investment approach. It backs early-stage companies across deep tech, artificial intelligence and machine learning, healthcare technology systems, consumer products, and commercial services, investing across Finland, Sweden, Norway, Germany, France, the United Kingdom, and the United States. The firm emphasizes strong intellectual property, scientific advances, and deep customer understanding as it supports companies from inception through Series A and beyond.