AblePay Technologies
Offered BlueSIM-cards that added Bluetooth to any payment terminal and upgraded it for mobile payment in less than 5 minutes. The company was divested in 2019.
Portfolio
Ace Oil Tools
Offers innovative stop-collars for the oil and gas industry which are more cost-efficient and reliable than existing technology.
- Health
Actithera Group
Develops precision cancer treatments using radioligand therapy (RLT).
AIA Science
Offered data analytics and artificial intelligence solutions which measured the carbon footprint in real time. The company was dissolved in 2020.
- Fund
- Fond
Aleap Fund I
Invests in early-stage health companies and help them grow through capital, deep industry insight, and close collaboration.
- Fund
- Fond
Alliance Nordic III
Focuses on Pre-Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, Digital Health and SaaS.
- Fond
- Fund
Alliance Venture Delta
Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions.
AlpinCo
Owns Norwegian travel destinations such as ski resorts Hafjell and Kvitfjell. The company was divested in 2018.
- Fund
- Fond
Andöya Ventures Fund I
Andöya backs exceptional founders from the earliest stages with a collaborative, founder-first approach.
- Fund
Antler Europe Fund I
Antler’s Nordic Fund invests in early-stage technology companies in Norway, Sweden and Denmark. Antler is a Norwegian-founded VC company that builds and invests in technology startups all over the world.
- Fond
- Fund
Antler Nordic Fund II
Antler Nordic Fund II is an impact-driven fund with a dual focus on climate and social sustainability.
- Health
Apim Therapeutics
Develops drug candidate for treatment of cancer based on novel intervention point PCNA which is critical in the regulation of cellular stress responses.
Aptomar
Provided Integrated Field Monitoring sensors, systems and services for the oil and gas industry. The company was divested in 2016.
Arbaflame
Recycles bio-waste from sustainable forestry to sustainable energy and bio-chemicals.
- Technology
Arctic Well Invest
Develops and sells equipment and services to the oil industry with the aim of preventing and limiting scale deposition.
- Fund
Arkwright X – AXIF
Invests in early stage technology companies solving problems and inefficiencies within the B2B sector.
- Fund
Atomico Venture VI
Atomico Venture VI is an early-stage venture capital fund.
BerGenBio
Develops drugs known as checkpoint inhibitors to prevent cancer from spreading as well as resistance to chemotherapy treatment.
- Other sectors
Bioenvision
Develops an additive which gives materials new or improved properties such as fire retardant, oxygen barrier and water repellant.
bMobilized
Offered software that automatically converted and published content from websites to smart phones.
BookNorway
Offered an IT solution for online purchase of travels and tourism products in Norway. The company was divested in 2013.
Calliditas Therapeutics
Reformulates drug candidates so that they can be sold to new patient groups and markets, first drug candidate being Nefecon which treats patients with the rare kidney disease IgAN.
- Health
Calluna Pharma
Develops therapeutic drug sfor the treatment of fibrotic diseases.
- Health
Cardiomech
Develops a catheter-based implant which repairs mitral flap failure and is a less invasive alternative to open heart surgery.
- Technology
Cavai
Develops a conversation-based advertisement cloud service for media houses, media agencies, advertisement agencies and brands.
ChapDrive
Developed a patented hydraulic drivetrain solution for wind turbines to eliminate the mechanical gearbox and reduce cost of energy. The company was dissolved in 2013.
Chess.com
Provides premier digital experiences for chess players and students around the world through its ecosystem of chess products and services.
- Health
Cimon Medical
Develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow.
- Fund
Core Equity Fund I
Focuses on supporting technology companies that promote sustainability by reducing greenhouse gas emissions and increasing efficiency.
- Marine sector
Cryogenetics
Offers technology which streamlines breeding-related work in the global seafood industry.
Culture Intelligence
Provides Culture-as-a-service to help leaders understand, measure, redesign and activate culture.
- Health
Curida
Delivers Pharmaceutical Contract Development and Manufacturing Organization (CDMO) services with its core competency in blow-fill seal, spray and bottles.
- Technology
Cyviz
Offers exceptionally intuitive communication, collaboration and visual-display systems for meeting rooms, collaboration rooms and control-centre environments.
Dagens Mothership
A digital sales and ordering platform that facilitates direct trade between food producers and professional buyers. Dagens wants to be a sustainable alternative to existing industries characterized by a focus on high volume, low price and standardized products that are at the expense of biodiversity, environment and quality.
- Technology
Dele Health Tech
Offers intelligent middleware for fall detection among the elderly.
Digital Markedsplass
Owns company Vaskehjelp which has developed a platform in order to facilitate easy communication between cleaner and customer.
Dignio
Provides remote patient monitoring, which enables healthcare professionals to follow up patients in a safe way, simultaneously as patients experience increased sense of achievement and control over their own health.
Dimension10
Develops interactive VR-based collaboration solutions.
Energy Micro
Offers world leading energy-efficient microcontroller solutions. Energy Micro was acquired by Silicon Laboratories in 2013.
- Health
Exact Therapeutics
Develops a technology platform for ultrasound-mediated, targeted delivery of drug therapies.
ExproSoft
Provides software and database products for the upstream sector of the oil and gas industry.
- Technology
EYR Medical
Offers B2B and B2C video consultations with doctors and other digital health service providers.
- Environment technology
Farmforce
An agritech SaaS company that focuses on “first mile” production in agriculture.
Fonn
Offers a user-friendly interactive platform for the construction industry, directed towards field workers and administration.
- Fund
- Fond
Fortress Fund II
Invests in companies developing advanced technology within areas such as artificial intelligence, robotics, energy, and digital infrastructure.
- Fund
- Fond
Founders Fund IV
Invests across all stages, sectors and geographies.
Friend Software Corporation
Offers software that enables integration of applications and data across all existing operating systems.
GasSecure
Offered the world’s first truly wireless optical gas detector for demanding industrial applications. The company was acquired by Dräger Holding International GmbH in 2015.
GoDigitalChina
Delivers a marketing platform which allows Western companies and brands exposure to the Chinese market.
- Fund
Hadean Capital I
Invests broadly within Life Science, typically in companies in clinical development or early commercial phases with the Nordics as a focal point.
- Fund
Hadean Capital II
Invests broadly within Life Science, typically in companies in clinical development or early commercial phases with the Nordics and Western-Europe as focal points.
- Fund
- Fond
Hadean Growth Fund I
Invests directly or indirectly in companies related to the health sector or life sciences.
Harvest Funds
Offers easier, faster and more cost-efficient financial modeling based on scaleable technology.
- Environment technology
Havgul Clean Energy
Develops wind power projects in Norway and Sweden.
- Technology
Heimdall Power
Develops and delivers an integrated IoT solution to power companies consisting of sensors and software which allow surveillance of electric grids.
- Health
Hemispherian
Develops a novel class of small molecule drugs (GLIX) as an epigenetic therapy for particularly aggressive cancers.
- Other sectors
Heymat
Develops doormats that effectively collect sand and moisture, helping to keep the home’s entryway cleaner and tidier.
Hubro Therapeutics
Develops cancer vaccine for the treatment of gastrointestinal cancers.
Hy5pro
Offers the market the world’s first hydraulic actuated prosthesis.
Iconic
Develops instrumented plugs for use in oil and gas wells.
- Fund
Idekapital Fund 2
Invests in Norwegian companies within B2B SaaS in late-seed and early venture with Series A-C as the focal point.
- Fond
- Fund
Idekapital Growth Horizon
Targets mature growth-phase technology companies.
Identifai
Software to identify performance, condition and deviations in the operation of industrial plants.
- Technology
Ignite Procurement
Offers a digital tool for strategic procurement.
Innotech Solar
Manufactured high quality photovoltaic (PV) modules at very low production cost by recycling rejected PV cells from other manufacturers with a proprietary testing and optimization process. The company was divested in 2014.
- Technology
Intelecy
Develops tools that help industrial production companies analyze big data from industrial IoT using machine learning.
- Technology
Joymo
Offers a digital platform for live broadcasts and storage of sports events and activities.
Kebony
Offers environmentally sustainable alternatives to tropical hardwood, with superior quality, durability and cost efficiency.
- Technology
Keenious
Provides AI-powered explanations of complex methodologies, statistical concepts, and domain-specific terminology.
Keep-it Technologies
Offers flexible freshness and quality indicators for the food, pharmaceutical and chemical industries.
- Technology
Kezzler
Digitize products to collect, structure and share traceability data at scale.
- Technology
Kongsberg Ferrotech
Offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations.
- Fond
- Fund
Kongsberg Pre-Seed Fund I
Kongsberg Pre-Seed Fund I, invests in early-stage deep tech companies all over Norway. The fund creates value through the combination of active ownership with pre-seed investments and offers business development and industry expertise from Kongsberg Innovation’s industry network.
- Health
Lifeness
Offers a holistic, medical, and individually tailored treatment program for weight loss.
MetallKraft
Recycled slurry from PV wafer manufacturing. The company was divested in 2012.
- Fund
Momentum II
Invests primarily in Norwegian seed and series A companies with a focus on digitalization, impact and the ocean.
- Fund
- Fond
Momentum III
Invests primarily in Norwegian seed and series A companies with a focus on digitalization, impact and the ocean.
Motimate
Offers B2B digital and mobile learning- and communication platforms.
- Technology
Muybridge
Offers a revolutionary imaging platform that reimagines cameras and changes how we all capture and perceive the world.
Måselv utvikling
Developed a tourism destination in Arctic Norway. The company filed for bankruptcy in 2013.
Nisonic
Develops a method for measuring intracranial pressure using ultrasound and machine-learning.
Nomono
Developed a new wireless microphone that can be used in 360 degrees sound production as well as software which automates post-processing.
Nordic Halibut
Operates a halibut farm keeping the entire value chain (broodstock, eggs, fry and fish) in-house. The company was divested in 2019.
- Fund
- Fond
Norselab Feeder Fund I
Invests in and develops startups.
- Technology
Northern Tech Holding
Offers an open source tool for updating embedded devices safely and reliably.
Novelda
Provides the world’s most accurate, intelligent and reliable radar sensor solution for human presence detection for applications such as consumer electronic devices and smart building systems.
- Technology
Numascale
Offers unique software and hardware technology for big data analytics.
OCAS
Offers radar technology that enables intelligent use of aviation lights on obstacles such as wind turbines. The company was acquired by Vestas in 2011.
- Marine sector
Ocean Space Acoustics
Develops a semi-passive transponder which marks fishing equipment, streamlining the localization of lost equipment through the use of sonars or echo sounder.
OceanSaver
Developed ballast water treatment system for large ships. The company filed for bankruptcy in 2017.
- Health
Onio
Develops battery-less sensors for a wide range of applications.
- Technology
Optio Incentives
Offers a software platform for managing employee equity compensation, including option programs, valuation, accounting, and compliance, for both private and publicly listed companies globally.
Ovun Holding
Supplied advanced equipment to the international seismic industry, and is a leader in the design, construction and rotational molding of plastic.
PadTech
Offered innovative packaging solutions for the cosmetics and pharmaceutical industries. The company was divested in 2013.
- Technology
Pickatale
Offers an interactive reading and listening app for children and primary school students, making learning more exciting and engaging.
Ping Communication
Offered high-end broadband gateways, VoIP adapters, fibre solutions and high performance remote monitoring and management systems. The company was divested in 2013.
Pinovo
Offered a state-of-the-art closed loop grit blasting for surface treatment in the maritime and offhore industries. The company was divested in 2013.
Placewise Group
Supplies point-to-point solutions for data driven mobile customer dialogue aimed at shopping centers.
- Marine sector
Planktonic
Offers cutting-edge start feed for farmed fish fry, eliminating a bottleneck for growth in the global aquaculture industry; the initial feeding of fry.
- Health
Pluvia
Develops a therapeutic treatment to improve the life quality of children born with the rare metabolism disease Phenylketonuria (PKU).
poLight
Offers the fastest and lowest power-consuming autofocus actuated lens enabling new camera phone functionalities such as taking All-In-Focus pictures.
- Technology
Rayvn
Delivers an effective and user-friendly crisis management platform which helps customers minimize impact on business operations and restore operations quickly.
Robotic Drilling Systems
Offers an innovative autonomous robotic rig for unmanned drilling operations. The company was acquired by Nabors in 2017.
- Fund
Sandwater Fund I
Invests in Nordic growth companies that contribute to the reduction of greenhouse gas emissions and to selected sustainability goals.
SantoSolve
Offered innovative pain relief products for the pharmaceutical industry. The company was divested in 2012.
- Fund
- Fond
Sarsia Fond III
Invests in growth and startup companies.
Scale protection
Offers patented technology and services that analyze and prevents deposits (scaling) in oil and gas wells.
Scout Drone Inspection
Develops an autonomous drone that will provide a complete visual inspection and non-destructive testing (NDT) solution for enclosed and poorly lit environments.
- Technology
sensiBel
Commercializes ultra-high-sensitivity microphones based on optical MEMS technology.
Shelterwood
An investment company for venture investments which operates in the forestry sector and is managed by Investinor. Norsk Skogkapital, Norske Skog, Borregaard and Skogbrand are co-investors.
- Energy
Shoreline
Provides web based, user-friendly, verified and proven simulation software for offshore wind project life cycle – from early project assessment until decommission.
- Fond
- Fund
SINTEF Venture IVB
Invests in seed capital and in companies that commercialize deep-tech solutions from SINTEF’s research environments.
- Fund
SINTEF Venture VI
An early-stage and seed fund established in 2022 to invest in technology startups.
- Fund
- Fond
Skagerak Capital IV
Invests in seed and early venture companies within DeepTech and SaaS.
- Fund
- Fond
Skagerak Capital V
Invests in early-stage companies within climate technology and artificial intelligence.
- Fund
Skyfall Ventures Fund I
Invests in early stage B2B and B2C technology companies.
- Fond
- Fund
Skyfall Ventures Fund II
Invests in early-stage technology, sector-agnostic Nordic startups with high growth potential.
- Fund
- Fond
Skyfall Ventures Fund III
Invests in early-stage technology companies in the Nordics. The fund is particularly focused on companies leveraging the new platform shift within artificial intelligence, where small, focused teams can scale quickly.
Smartfish
Manufactures juice-based nutrition drinks with added Omega 3 for the medical and consumer nutrition markets.
- Fund
- Fond
Snö Fund II
Invests in innovative Nordic technology companies.
- Fund
Snö True North
Invests in early venture technology companies across industries.
- Technology
Sonair
Offers ADAR, a patented 3D ultrasonic sensor that gives robots precise, real-time spatial awareness and makes autonomous robots safer and more cost-effective than traditional camera or LIDAR solutions.
- Fond
- Fund
Sondo Fund I
Invests NOK 2-5 million in pre-seed and seed teams with a connection to Norway.
- Fund
- Fond
Sondo Fund II
Invests NOK 2-5 million in pre-seed and seed teams with a connection to Norway.
Sorbwater Technology
Provides a suite of completely bio degradable production chemicals for use in high performance water treatment applications in the oil and gas industry.
Soundrop
Offered a social music discovery platform which boosted revenues from streaming music services for artists and labels. The company was divested in 2016.
SpinChip Diagnostics
Develops a state-of-the-art platform for rapid and precise in vitro blood analyses in a point of care setting.
Spotlio
Offering digital solutions to ski resorts, parks and other destinations ranging from apps to e-commerce.
- Fund
Spring B Fund I
Invests in the care economy like women and family health, diversity, equity and inclusion, flexible working, home productivity, and financial services to develop infrastructure for women and working families.
- Fund
Startuplab Founders Fund IV
Invests in tech-based Norwegian companies.
Stimline
Supplies wireline and coiled tubing equipment for onshore and offshore operations.
Store Norske Elementfabrikker
Manufacturer of sustainable building elements based on Norwegian timber.
- Technology
Strise
A software company that automates AML processes and eliminates compliance backlogs through intelligent workflows. With Strise, AML teams combat financial crime more efficiently, make faster decisions, and ensure reliable compliance.
Swarm64
Offers hardware and software solutions that scale databases in size and speed beyond their current limitations.
- Fund
- Fond
Såkorn 1 Midt
Invests in early-stage companies in Central Norway, both pre-seed and seed.
- Health
Tellu IoT
Offers a scalable IoT platform for the health care industry. With integrated solutions and services that enables digital surveillance and remote patient monitoring.
Termowood
Offers a new patented concept for building construction with wood-based elements.
- Technology
Testnor
Offers a comprehensive testing ground for satellite-dependent and autonomous technology in Northern Norway. Through its flagship project Jammertest, it simulates real-world attack scenarios (such as GNSS jamming and spoofing) at military-grade scale, delivering testing and data solutions to demanding B2B and B2G customers within autonomous and electric mobility, defense, and space.
Think
Developed and manufactured the electric car THINK. The company was divested in 2011.
- Technology
Timely
Offers software for automated tracking and registration of time usage.
Topro Industri
Manufactures and sells premium rollators and other aids for a global market.
- Technology
TouchNetix
TouchNetix’ mission is to be a global leader creating better user experiences (UX). The company’s products range from the unique aXiom touchscreen UX chips (semiconductor) to complete touchscreen sensor modules.
- Health
Tribune Therapeutics
Developing novel medicines to treat patients with a wide range of fibrotic diseases.
- Technology
Two
A modern B2B payments platform designed to simplify and secure business transactions across all sales channels
- Technology
Unacast
Offers the world’s largest network of beacon and proximity data, connecting the physical world to the digital for online retargeting and attribution.
- Fond
- Fund
Unconventional Ventures Fund I
Invests in pre-seed and seed-stage technology companies in climate, health, and education.
- Fund
- Fond
Unconventional Ventures Fund II
Invests in pre-seed and seed-stage technology companies in climate, health, and education.
- Technology
Varjo
Develops advanced VR and XR headsets with very high resolution, aimed at professional users. Their solutions are used for demanding tasks such as astronaut and pilot training, car and product design, as well as research work.
Verdande Technology
Offered case-based reasoning (CBR) software and services for the oil- and gas industry, financial services and health care industry. The company filed for bankruptcy in December 2014.
- Marine sector
Vesterålen Havbruk
Operates fish farming and live storage, focusing on combining wild-caught and farmed fish.
Vibbio
Delivers a B2B platform that makes video production for social media easy and available without the need for professional marketing or advertising agencies
Villoid
Develops an app which brings fashion, inspiration, and e-commerce seamlessly together.
- Technology
VilMer
Offers a digital solution that creates a local meeting and market place for the elderly based on cooperation between municipalities, businesses and NGOs.
Vitux Group
Offers Omega 3-based dietary supplements and pharmaceutical products.
Viva Labs
Offers a white label SaaS cloud platform that enables companies to quickly and easily launch premium smart home solutions under their own brand.
- Marine sector
Water Linked
Develops a unique technology that makes wireless positioning and communication possible under the ocean surface.
Well Conveyor
Develops a four-wheeled conveyance tractor for downhole deployment in oil wells.
Xeneta
Offers market-leading insight and price comparison services to companies with global shipping operations.
Xsens
Offers patented technology for measuring flow rates in oil and gas pipelines.
Zi-Lift
Offers a game-changing new generation of artificial lifts for the oil and gas industry which enables downhole pumping systems to be deployed where they currently cannot be deployed.
Ziebel
Brings fiber optic technology to any well through carbon rod conveyance.
- Technology
ZTL Payment Solution
Offers ERP vendors payment technology for B2B, which is integrated into their accounting system, and enables them to carry out payment and foreign exchange transactions without using traditional expensive financial institutions as intermediaries.
