Fundraising FoxInnovation Norway
Seed
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Founder mafia
The Innovation Norway mafia →6 people who came through Innovation Norway went on to found or lead other companies.
What they invest in
from 11 of 11 portfolio companiesHardware ×5SaaS ×4Cleantech ×3AI & Machine Learning ×2Climate Tech ×2Construction Tech ×2Energy ×2Enterprise Software ×2
HQs:Norway×5United Kingdom×2Canada×1
Investments · 11 tracked
founders shown can be your intro pathArus builds a multi-purpose autonomous drone that can be fitted with tools such as high-pressure nozzles and a rotating brush for cleaning and surface treatment of hard-to-reach surfaces like facades, windows, wind turbines, solar parks, and offshore installations.
CleantechHardwareRoboticsTrondheim, NO
Jostein Furseth(Mechatronics Engineer)Svein Isdahl(Mechatronics Engineer)Bård Wikmark(Software Engineer)Nicolai Adil(Software Engineer)Petter Collett(3d Designer)Vegard Moltubakk(Commercial & admin)
Co-investorsAntler
Cardboard offers a SaaS platform for managing software subscriptions and expenses, including card issuing for secure purchasing and automated accounting.
Enterprise SoftwareFintechSaaSOslo, NO
Andreas Røyrvik(Co-founder and CPO)inJakob Gerhard Martinussen(Co-founder and CTO)inStein Magnus Jodal(Co-founder and COO)inVidhi Kumar(Co-founder and CGO)inOle Daniel Nitter(CEO)inSwati Srivastava(Head of Design)in
Co-investorsProVentureRunwayFBUSkyfall VenturesSondo Capital
Sensocure develops implantable microsensor technology to monitor tissue oxygen levels and detect ischemic events before irreversible damage occurs.
BiotechDigital HealthHardwareHealthtechMedical DevicesOslo, NO
Trond Herje(CEO)Stein Hansen(Chief Technology Officer)
Co-investorsSkagerak CapitalEuropean Innovation Council Fund
Aviant operates autonomous drone logistics services in Scandinavia, transporting medical items such as blood, COVID, water, and milk samples as well as windmill farm equipment for healthcare and industrial customers.
HardwareHealthtechLogistics & Supply ChainRoboticsTrondheim, NO
Lars Erikin
Co-investorsBring VenturesLuminar VenturesGENIUS NY
Access Fonn is a mobile-first and desktop construction site management platform that handles field-level workflows including drawing version control, snagging, compliance forms, task management, daily reporting, and document approvals.
Construction TechEnterprise SoftwareSaaS
Co-investorsIdékapitalSkagerak Capital
Access Fonn is a mobile-first construction site management platform that helps project teams coordinate drawings, tasks, inspections, and defect tracking from both site and office.
Construction TechPropTechSaaSUK, GB
Co-investorsSkagerak Capital
Manolin provides a SaaS intelligence platform for aquaculture that aggregates farm data and delivers actionable insights on fish health, risk management, and operational planning.
AgTechData & InfrastructureSaaS
John Costantino(Founder)Tony Chen(Founder)Tony Chen John Costantino(Founder)
Co-investorsBlue Revolution Investments G.P.Boost VC
Orbify offers a satellite intelligence platform that monitors vegetation threats, climate risks, and infrastructure changes for energy markets and the environmental sector.
AI & Machine LearningClimate TechEnergySpace Tech
Co-investorsExpansion VenturesGGFGreen Generation FundRymdkapital
Vianode produces advanced synthetic anode graphite for electric vehicle batteries, designed to reduce CO₂ emissions by approximately 90% compared to standard materials while enabling faster charging and longer cycle life.
CleantechEnergyMobility & TransportationNew Materials
Dr. Stefan Bergold(CCO)
Co-investorsAltor
Frequently asked questions
- How many investments has Innovation Norway made?
- Innovation Norway has 11 tracked investments, 2 of which have exited.
- What stage does Innovation Norway invest at?
- Innovation Norway invests at the Seed stage.
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ACT Venture Capital is an independent Irish venture capital firm that invests €1 million to €15 million in growth-stage private companies, with capacity for larger commitments through syndicated rounds.