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
- Energy
Ace Oil Tools
Offers innovative stop-collars for the oil and gas industry which are more cost-efficient and reliable than existing technology.
AIA Science
Offered data analytics and artificial intelligence solutions which measured the carbon footprint in real time. The company was dissolved in 2020.
- 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
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.
- 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.
- Other sectors
Arbaflame
Recycles bio-waste from sustainable forestry to sustainable energy and bio-chemicals.
- Fund
Arkwright X – AXIF
Invests in early stage technology companies solving problems and inefficiencies within the B2B sector.
- Health
Arxx Therapeutics
Develops therapeutic drug sfor the treatment of fibrotic diseases.
- Health
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
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.
- 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.
- Marine sector
Cryogenetics
Offers technology which streamlines breeding-related work in the global seafood industry.
- Technology
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.
- Technology
Dagens
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.
- Health
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.
- Technology
Fonn
Offers a user-friendly interactive platform for the construction industry, directed towards field workers and administration.
- Technology
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.
- Technology
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.
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.
- Health
Hubro Therapeutics
Develops cancer vaccine for the treatment of gastrointestinal cancers.
Hy5pro
Offers the market the world’s first hydraulic actuated prosthesis.
- Energy
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.
- Technology
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.
- Environment technology
Kebony
Offers environmentally sustainable alternatives to tropical hardwood, with superior quality, durability and cost efficiency.
- Environment technology
Keep-it Technologies
Offers flexible freshness and quality indicators for the food, pharmaceutical and chemical industries.
- 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.
- Technology
Memory
Offers software for automated tracking and registration of time usage.
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.
Motimate
Offers B2B digital and mobile learning- and communication platforms.
Måselv utvikling
Developed a tourism destination in Arctic Norway. The company filed for bankruptcy in 2013.
- Health
Nisonic
Develops a method for measuring intracranial pressure using ultrasound and machine-learning.
- Technology
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
Norselab Meaningful Equity I
A venture fund that invests primarily in Norway, in rapidly growing technology companies with clear positive implications for people and the environment.
- Technology
Northern.tech
Offers an open source tool for updating embedded devices safely and reliably.
- Technology
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.
- Energy
Ovun
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.
- Technology
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.
- Technology
Play Magnus
Provides premier digital experiences for chess players and students around the world through its ecosystem of chess products and services.
- Health
Pluvia
Develops a therapeutic treatment to improve the life quality of children born with the rare metabolism disease Phenylketonuria (PKU).
- Technology
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.
SantoSolve
Offered innovative pain relief products for the pharmaceutical industry. The company was divested in 2012.
- Energy
Scale protection
Offers patented technology and services that analyze and prevents deposits (scaling) in oil and gas wells.
- Technology
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.
- Other sectors
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.
- Fund
SINTEF
Invests in seed capital and in companies that commercialize deep-tech solutions from SINTEF’s research environments.
- Fund
Skagerak Maturo V
Invests in seed and early venture companies within DeepTech and SaaS.
- Fund
Skyfall Ventures
Invests in early stage B2B and B2C technology companies.
- Marine sector
Smartfish
Manufactures juice-based nutrition drinks with added Omega 3 for the medical and consumer nutrition markets.
- Fund
Snö True North
Invests in early venture technology companies across industries.
- Fund
Sondo Fund I
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.
- Health
SpinChip Diagnostics
Develops a state-of-the-art platform for rapid and precise in vitro blood analyses in a point of care setting.
- Technology
Spotlio
Offering digital solutions to ski resorts, parks and other destinations ranging from apps to e-commerce.
- Energy
Stimline
Supplies wireline and coiled tubing equipment for onshore and offshore operations.
Swarm64
Offers hardware and software solutions that scale databases in size and speed beyond their current limitations.
- Health
Tellu IoT
- Environment technology
Termowood
Offers a new patented concept for building construction with wood-based elements.
Think
Developed and manufactured the electric car THINK. The company was divested in 2011.
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.
- 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.
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.
- Technology
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.
- Marine sector
Vitux Group
Offers Omega 3-based dietary supplements and pharmaceutical products.
- Technology
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.
- Energy
Well Conveyor
Develops a four-wheeled conveyance tractor for downhole deployment in oil wells.
- Technology
Xeneta
Offers market-leading insight and price comparison services to companies with global shipping operations.
- Energy
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.
