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Alliance Venture

Venture capitaloperating company · company profile

Oslo · Seed–Series B · 8 people tracked

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Investment thesis

Alliance Venture backs exceptional early-stage tech companies founded by entrepreneurs with global ambitions, viewing investment as a mutual, long-term partnership that requires active support. The firm believes the most successful companies solve real problems and improve how people live in scalable ways, generating both long-term profit and environmental and social sustainability. Its core thesis treats sustainability as an enabler of long-term value creation and consistent compounding growth, aligning ESG with financial returns. Alliance integrates responsible investment principles into its analysis, decision-making and active ownership, targeting portfolio companies with a net positive impact on the UN Sustainable Development Goals. The team comprises experienced venture capitalists, operators and founders who have helped build billion-dollar companies.

Invests inAI & Machine LearningDeep TechSaaSSector AgnosticDenmarkEuropeFinlandNorwaySweden

Source: firm website, verified Aug 16, 2026.

Stage
Seed–Series B
HQ
Oslo, NO
Leads rounds
Leads
Instruments
Equity
Founded
2001
Tracked investments
72

Team · 8 people

from the firm's website

What they invest in

from 52 of 72 portfolio companies

SaaS ×31AI & Machine Learning ×25Enterprise Software ×11Fintech ×7Developer Tools ×6Hardware ×6Consumer ×4Deep Tech ×4

HQs:Norway×12United States×4Sweden×2Denmark×1Finland×1Ireland×1

Investments · 72 tracked

founders shown can be your intro path
&Repeat

Company making takeaway packaging more environmentally friendly through reusable deposit boxes.

1X Technologies1x.techin𝕏

1X is an AI and robotics company developing general-purpose humanoid robots for home and industrial use.

AI & Machine LearningConsumerHardwareRoboticsPalo Alto, US

Bernt Øyvind Børnich(CEO)

3D Perception3d-perception.comin𝕏

3D perception builds immersive visual display systems for simulation, offering turn-key solutions for land, sea, air, and space applications.

Deep TechDefense TechHardware

AlexisHRalexishr.cominacquired by Simployer

AlexisHR provides an AI-powered HRIS and chatbot that gives HR teams, managers, and employees conversational access to people data, handbook information, and HR processes through tools like Slack and Teams.

AI & Machine LearningHR TechSaaS

AllClear IDallclearid.com

AllClear ID Health provides patient identity management solutions for healthcare providers using mobile IDs and EHR integrations to eliminate patient record mismatching and enable digital health innovation.

AI & Machine LearningCybersecurityDigital HealthHealthtechAustin, US

Altua

Developer of Grunt, a productivity tool for PowerPoint users.

APEXX Globalapexx.globalin

APEXX Global operates a payment orchestration platform that connects enterprise and high-growth merchants to global acquirers, payment providers, digital wallets, and BNPL options through a single API.

Enterprise SoftwareFintechSaaS

Aprila Bankaprila.noin

Aprila Bank ASA is a financial technology company that provides API-based lending and financial products to small and medium-sized businesses and retail customers in Norway.

FintechNorway, NO

Espen Engelberg(CFO)

Aquabyteaquabyte.ai

Aquabyte develops an AI-powered platform combining computer vision and machine learning to monitor fish health, welfare, behavior, and biomass for aquaculture farms at sea and on land.

AgTechAI & Machine LearningIoTNorway, NO

Ark Kapitalarkkapital.comin

Gilion provides non-dilutive debt funding of €0.5–5m to European startups, with interest-only payments for the first two years followed by a four-year repayment period.

AI & Machine LearningFintechSaaS

Armarm.comin𝕏

Arm designs energy-efficient processor architectures and chip designs used across cloud infrastructure, personal and embedded devices, and autonomous systems such as AI-defined vehicles and robotics.

AI & Machine LearningHardwareSemiconductors

Arundoarundo.comin

Arundo builds AI-driven software for asset-heavy industrial operations, offering both cloud-delivered SaaS applications and tailored end-to-end solutions built on its Arundo Foundation technology stack.

Advanced ManufacturingAI & Machine LearningSaaS

Arundo Analytics
Axiaaxia.no

Axia offers software for warehouse and logistics operations, including a warehouse management system (WMS), transport management system (TMS), shipping/dispatch organization, and outbound goods control.

Enterprise SoftwareLogistics & Supply ChainSaaS

Bits Technologybits.biin

Bits provides a compliance platform for regulated financial companies, covering KYB, KYC, AML risk scoring, transaction monitoring, ongoing due diligence, and case management.

AI & Machine LearningFintechSaaS

Boostboost.aiin

Boost.ai provides a conversational AI platform offering chat and voice virtual agents with generative and agentic capabilities for enterprises in regulated industries.

AI & Machine LearningEnterprise SoftwareSaaS

by Ardoqshiftx.com

ShiftX is a process management tool that lets teams map, document, and improve business processes by turning people, systems, and other actors into reusable components.

Enterprise SoftwareFuture of WorkSaaS

by Plumchoicesquaretrade.com

SquareTrade, part of Allstate Protection Plans, sells product protection plans and extended warranties covering consumer devices and household goods such as smartphones, appliances, TVs, and furniture.

ConsumerInsurTechRetail Tech

by ServiceNowswarm64.com
by Vismaequalitycheck.it
Capniacapnia.comin

Capnia offers the CoSense ETCOc Monitor, a non-invasive breath test that measures end-tidal carbon monoxide to detect and quantify hemolysis and bilirubin production in newborns.

Digital HealthHardwareMedical Devices

Anthony E. Burgos(Co-Founder and President of Bilitool, Inc.)

Ciloociloo.comin

Ciloo is a global eCommerce platform for managing branded merchandise, promotional products, and prints, using a network of local, on-demand production partners to cut shipping costs and waste.

E-commerceEnterprise SoftwareSaaS

Cognite

Industrial software company noted as one of Norway's first unicorns.

Confirmitconfirmit.comin𝕏

Confirmit (Forsta) offers an AI-powered human experience platform that collects and connects data to generate insights and recommended actions, serving brands across industries.

AI & Machine LearningEnterprise SoftwareSaaS

Deckmatchdeckmatch.comin

DeckMatch (AlphaLens) provides a deal-flow platform for venture investors that ingests pitch decks and documents from email, web forms, uploads, a Chrome extension, or API and uses vision LLM technology to parse them into structured company records.

Edvantage Grouplumesse.com
Encoreencore.devin𝕏

Encore builds Encore Cloud, an end-to-end development platform that lets engineers define cloud services directly in application code and automates cloud infrastructure and DevOps tasks.

Cloud ComputingDeveloper ToolsSaaSStockholm, SE

Marcus KohlbergAndré Eriksson

EndFormendform.dev

Endform runs Playwright end-to-end test suites in the cloud, executing each test in parallel on its own isolated machine by switching a single CLI command against an existing Playwright config.

Cloud ComputingDeveloper ToolsSaaS

Enodeenode.io

Enode provides APIs that connect and optimize distributed energy devices such as EVs, chargers, home batteries, solar panels and heat pumps, giving energy companies a single integration to build energy and flexibility products.

Climate TechDeveloper ToolsEnergyIoT

Equality Check

Helps organizations improve their diversity and inclusion performance.

Eventumeventum.no

Eventum is a Norwegian online platform for finding and booking event venues, meeting rooms, conference and party locations, experiences and event services, letting users compare venues by location, capacity, facilities and price and send non-binding requests directly to the venue.

ConsumerMarketplacesSaaS

Fika Jobs

Video-first hiring platform using AI-powered video interviews where AI agents interview candidates.

Fusefuse.noin

Fuse builds and operates custom digital products for companies, offering an integrated platform covering data management (Studio), mobile apps, payments, web apps, user-engagement automation, and end-to-end hosting and maintenance.

Developer ToolsEnterprise SoftwareSaaSOslo, NO

General Intuitiongeneralintuition.comin𝕏

General Intuition is an AI research organization focused on developing general artificial intelligence through learning and play-based approaches, utilizing game environments and reinforcement learning to teach machines perception, anticipation, and real-world reasoning capabilities.

AI & Machine LearningDeep Tech

Vincent Micheli(Co-founder)inPim de Witte(Co-founder)in

Giliongilion.comin

Gilion provides non-dilutive growth funding for SaaS scaleups and offers an AI-based investment platform that helps bankers and investors make faster financing decisions.

AI & Machine LearningFintechSaaS

Globus AIglobus.ai

Globus provides an AI Agent applicant tracking system (ATS) for staffing and recruitment agencies, with agents that automate workflow steps such as vacancy management, shortlisting, screening, scheduling, and compliance while keeping recruiters in control.

AI & Machine LearningHR TechSaaS

Gruntgrunt.proin

Grunt AI is an automation tool that generates presentation slides and converts data into visuals.

AI & Machine LearningSaaS

Helppy

Finnish neighborhood home-care platform offering a tech-enabled alternative to traditional elderly home care.

Hembyhemby.com
Hemihemihealth.com

Hemi is a specialized private clinic for diagnosing and treating headache disorders — including migraine, tension headache, cluster headache, concussion, and whiplash-related symptoms — in both children and adults.

Digital HealthHealthtechWellness & FitnessFrederiksberg, DK

Indy Kiteindykite.comin𝕏

IndyKite provides a runtime control layer for enterprise AI, applying live context signals like identity, provenance, and compliance to secure AI agents, govern unstructured data use, and enforce access control at the moment of use.

AI & Machine LearningCybersecurityEnterprise Software

invisioninvisionapp.comin𝕏

Miro is a collaborative visual workspace on an infinite multiplayer canvas where teams and AI agents research, plan, and build together using formats like docs, tables, slides, and diagrams.

AI & Machine LearningFuture of WorkSaaS

Kvist Solutionskvistsolutions.comin

Kvist offers an AI-based platform that drafts descriptions and identifies outstanding tasks for environmental requirements, helping construction and property teams collect and report sustainability data across a building portfolio.

AI & Machine LearningClimate TechPropTech

Lace Lithographylacelithography.comin

Lace develops chip patterning technology for semiconductor manufacturing.

Advanced ManufacturingDeep TechSemiconductorsBergen, NO

Lightbringerlightbringer.comin

Lightbringer is a full-service patent management provider that combines AI agents with licensed patent attorneys to draft, file, and prosecute patents, including office action management and portfolio maintenance.

AI & Machine LearningLegalTechSaaS

Medalmedal.tv𝕏

Medal is a free software application for recording, editing, and sharing gameplay highlights on PC and mobile.

Creator EconomyGamingHealthtechSan Francisco, US

Andrew McMurry(Executive Officer, Director)

BoardDaniel Kaminsky(Director)

Megacool

Mobile game clip sharing company, acquired by Medal.tv.

Memoscalememoscale.com
Mjukmjukhome.com

Mjuk is an e-commerce retailer offering products to consumers across EU markets, with dedicated storefronts for Finland and Sweden.

Direct to ConsumerE-commerce

Nevionnevion.comin𝕏

Nevion builds IP, virtualization, and cloud-based media transport and processing products for broadcasters, including video compression codecs (Virtuoso), broadcast orchestration and control software (VideoIPath), and a cloud-native media processing platform supporting SMPTE ST 2110 workflows.

Cloud ComputingEnterprise SoftwareMedia & Entertainment

Newcodenewcode.ai

Newcode.ai offers an agentic AI platform for legal professionals that automates document review, drafting, and insight extraction through customizable workflows deployed on-cloud or on-premise.

AI & Machine LearningLegalTechSaaSDublin, IE

Northernnorthern.techin𝕏

Northern.tech provides device lifecycle management (DLM) software and services for IoT and connected devices, covering devices from design to decommission with a focus on over-the-air updates and security.

CybersecurityIoTSaaS

Novelda

Developer of adaptive smart sensors and global leader in UWB sensing (XeThru radar technology).

Odaoda.com

Oda is an online grocery store offering food and household items at low prices with home delivery to consumers in Norway.

ConsumerE-commerceFoodTech

Odinsodins.aiin

Odins provides a managed Bayesian marketing mix modeling (MMM) platform that integrates data across marketing channels to produce monthly, human-reviewed recommendations, scenario plans, and sales forecasts.

AI & Machine LearningMarketing TechSaaS

Opoweroracle.com
OptiFish

Provides AI-powered optimization tools for production planning and farm design in fish farms and smolt facilities.

poLightpolight.comin𝕏

poLight develops tunable optics technology, including its patented TLens product that replicates the focusing of the human eye to deliver instant autofocus in camera systems.

Deep TechHardwareSemiconductors

Ripegetripe.com

Exits · 1

IPOs and acquisitions across the tracked portfolio

AlexisHRacq. by Simployer

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Alliance Venture invest at?
Alliance Venture invests at the Seed, Series A, Series B stages.
What sectors does Alliance Venture focus on?
Alliance Venture focuses on AI & Machine Learning, Deep Tech, SaaS, Sector Agnostic.
Where is Alliance Venture located?
Alliance Venture is headquartered in Oslo, NO.
Does Alliance Venture lead rounds?
Yes, Alliance Venture leads investment rounds.

Images

Alliance Venture photo