All Funds
Oslo · Founded 2001
Early-stage Nordic VC with 60+ portfolio companies. Backs purpose-driven tech founders with global ambitions across SaaS, AI, fintech, and health.
SaaSFintechDeveloper ToolsAIHealth Tech
AUM
NOK 1.8B
Stage Focus
Pre-Seed, Seed, Series A
Total Deployed
NOK 427M
Estimated Portfolio Value
NOK 26.1B
| Company | Time in Market | Invested | Valuation at Entry | Current / Exit Value | Shares | Status | Source |
|---|---|---|---|---|---|---|---|
Fusetools Developer Tools / Mobile · Norway | 13.3 yr Seed · 2014~ | Undisclosed | Undisclosed | Undisclosed | 1 977 507 (15.96%) | Active | Skatteetaten |
SaaS / Logistics · Norway | 12.3 yr Seed · 2015~ | NOK 12M | NOK 40M | NOK 300M | 1 874 488 (9.04%) | Active | Skatteetaten |
Eventum Norge SaaS / Events · Norway | 11.3 yr Seed · 2016~ | Undisclosed | Undisclosed | Undisclosed | 471 (4.65%) | Active | Skatteetaten |
Aprila Bank Fintech / SME Banking · Norway | 10.3 yr Series A · 2017~ | NOK 50M | NOK 180M | NOK 500M | 3 174 406 (4.37%) | Active | — |
Software / IoT · Norway | 10.3 yr Seed · 2017~ | Undisclosed | Undisclosed | NOK 100M | 69 845 (10.67%) | Active | — |
Shoreline Maritime Tech / SaaS · Norway | 10.3 yr Seed · 2017~ | Undisclosed | Undisclosed | Undisclosed | 1 731 987 (9.03%) | Active | Skatteetaten |
Design / Creative SaaS · Norway | 8.9 yr Seed · 2017~ | Undisclosed | Undisclosed | NOK 2.5B | — | Active | — |
Industrial AI / SaaS · Norway | 8.9 yr Seed · 2017~ | NOK 25M | NOK 80M | NOK 14.0B | — | Active | — |
AI / Conversational · Norway | 9.3 yr Series A · 2018~ | NOK 40M | NOK 160M | NOK 700M | 3 613 000 (8.51%) | Active | — |
Developer Tools / CMS · Norway | 8.3 yr Seed · 2019~ | NOK 10M | NOK 35M | NOK 3.0B | 7 747 511 (9.56%) | Active | — |
Grunt B2B SaaS · Norway | 8.3 yr Seed · 2019~ | Undisclosed | Undisclosed | Undisclosed | 687 392 (9.33%) | Active | Skatteetaten |
AgriTech / Aquaculture · Norway | 7.2 yr Series A · 2019~ | NOK 60M | NOK 250M | NOK 700M | — | Active | — |
Medal Gaming / Video · Norway | 6.2 yr Seed · 2020~ | Undisclosed | Undisclosed | NOK 200M | — | Active | — |
Developer Tools / Feature Flags · Norway | 5.9 yr Seed · 2020~ | NOK 12M | NOK 40M | NOK 400M | — | Active | — |
EdTech / Coding · Norway | 6.3 yr Seed · 2021~ | Undisclosed | Undisclosed | NOK 150M | 25 711 (1.96%) | Active | — |
TouchNetix Hardware / Sensors · UK | 6.3 yr Series A · 2021~ | Undisclosed | Undisclosed | NOK 200M | — | Active | — |
Berlin Topco Technology · Norway | 6.3 yr Series A · 2021~ | Undisclosed | Undisclosed | Undisclosed | 87 705 135 Class C (7.09%) | Active | Skatteetaten |
IndyKite Identity / Security · Norway | 5.1 yr Seed · 2021~ | NOK 15M | NOK 55M | NOK 150M | — | Active | — |
Fintech / B2B BNPL · Norway | 4.9 yr Seed · 2021~ | NOK 20M | NOK 70M | NOK 350M | — | Active | — |
Energy Tech / API · Norway | 4.7 yr Seed · 2021~ | NOK 8M | NOK 28M | NOK 300M | — | Active | — |
Gilion Fintech / Revenue-Based Financing · Sweden | 4.7 yr Seed · 2021~ | Undisclosed | Undisclosed | NOK 300M | — | Active | — |
Robotics / AI · Norway | 4.1 yr Series A · 2022~ | NOK 130M | NOK 500M | NOK 1.8B | — | Active | — |
Hemby Health / Mental Wellness · Norway | 4.0 yr Seed · 2022~ | Undisclosed | Undisclosed | NOK 80M | — | Active | — |
Tana Productivity / Knowledge Management · Norway | 3.6 yr Seed · 2022~ | NOK 15M | NOK 55M | NOK 200M | — | Active | — |
Lightbringer Clean Energy / Software · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Encore SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Endform Design / SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Versiro SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Ciloo SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Deckmatch AI / VC Tools · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Steep Analytics / SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Bits Fintech / Banking · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Globus SaaS · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
APEXX Fintech / Payments · Norway | 4.3 yr Seed · 2023~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Lace Lithography Semiconductors / Manufacturing · Norway | 3.2 yr Seed · 2023~ | Undisclosed | Undisclosed | NOK 100M | — | Active | — |
3D Perception Computer Vision / AI · Norway | 2.9 yr Seed · 2023~ | Undisclosed | Undisclosed | NOK 60M | — | Active | — |
General Intuition AI / Developer Tools · Norway | 3.3 yr Seed · 2024~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Newcode.ai AI / Developer Tools · Norway | 3.3 yr Pre-Seed · 2024~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Odins.ai AI / SaaS · Norway | 3.3 yr Pre-Seed · 2024~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Hemi Fintech · Norway | 3.3 yr Seed · 2024~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Mjuk Health / Wellness · Norway | 3.3 yr Pre-Seed · 2024~ | Undisclosed | Undisclosed | Undisclosed | — | Active | — |
Kvist Solutions SaaS / PropTech · Norway | 1.2 yr Seed · 2025~ | NOK 15M | NOK 60M | NOK 60M | — | Active | — |
Showing 42 investments · Valuations are estimates based on public data and last known rounds~ dates are estimated (not from a verified source)