Oslo · Seed–Series B · 8 people tracked
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.
Source: firm website, verified Aug 16, 2026.
Team · 8 people
from the firm's websiteWhat they invest in
from 52 of 72 portfolio companiesSaaS ×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 pathCompany making takeaway packaging more environmentally friendly through reusable deposit boxes.
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 perception builds immersive visual display systems for simulation, offering turn-key solutions for land, sea, air, and space applications.
Deep TechDefense TechHardware
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
Developer of Grunt, a productivity tool for PowerPoint users.
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 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)
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
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
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 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
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
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
Industrial software company noted as one of Norway's first unicorns.
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
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
Helps organizations improve their diversity and inclusion performance.
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
Video-first hiring platform using AI-powered video interviews where AI agents interview candidates.
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
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
Finnish neighborhood home-care platform offering a tech-enabled alternative to traditional elderly home care.
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
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
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 develops chip patterning technology for semiconductor manufacturing.
Advanced ManufacturingDeep TechSemiconductorsBergen, NO
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
Mobile game clip sharing company, acquired by Medal.tv.
Mjuk is an e-commerce retailer offering products to consumers across EU markets, with dedicated storefronts for Finland and Sweden.
Direct to ConsumerE-commerce
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
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
Developer of adaptive smart sensors and global leader in UWB sensing (XeThru radar technology).
Oda is an online grocery store offering food and household items at low prices with home delivery to consumers in Norway.
ConsumerE-commerceFoodTech
Provides AI-powered optimization tools for production planning and farm design in fish farms and smolt facilities.
Exits · 1
IPOs and acquisitions across the tracked portfolioAlexisHRacq. by Simployer
Portfolio news
latest coverage across their companiesMedal · baltimoresun.com · Jul 3, 2026
General Intuition · fundraiseinsider.com · Jun 29, 2026
Encore · finance.yahoo.com · May 12, 2026
Unleash · getunleash.io · Mar 4, 2026
1X Technologies · techstartups.com · Sep 24, 2025
Superside · adage.com · May 13, 2025
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.

