Bergen · Seed–Growth · 3 people tracked
Investment thesis
Momentum invests in innovative, ambitious teams building companies with sustainability and climate impact at their core, with a particular focus on ocean industries, agriculture, renewables and construction/property including energy efficiency. It typically enters at the seed stage and follows companies through scaling. The firm emphasizes hands-on involvement, contributing competence and active support rather than only equity, and prizes aligned incentives, mutual trust, honesty and integrity between founders and investors. Beyond frequently taking board seats, Momentum aims to help founders with day-to-day challenges, drawing on its team's combined experience as leaders, advisors, entrepreneurs and board members. It seeks strong teams with bold visions, scalable solutions and strong execution.
Source: firm website, verified Aug 7, 2026.
Team · 3 people
from the firm's websiteWhat they invest in
from 22 of 28 portfolio companiesHardware ×8Cleantech ×7Climate Tech ×5Energy ×5SaaS ×5Consumer ×4IoT ×3AgTech ×2
HQs:Norway×11United Kingdom×1United States×1
Investments · 28 tracked
founders shown can be your intro pathGiraffe Financial helps businesses access, sell, and buy clean energy and transportation tax credits, including IRA-related transferable and direct pay credits.
CleantechClimate TechFintech
Jason Prince(Founder and CEO)
Co-investorsSkyview Ventures
7Analytics provides high-resolution (1×1 m), claims-trained flood risk analytics, offering a pluvial flood index and a 72-hour flood outlook to assess flood risk building by building.
Climate TechData & InfrastructureInsurTech
Aivero develops Orvue, a single-use robotic camera for laparoscopy that lets surgeons control the camera directly instead of relying on manual handling.
HealthtechMedical DevicesRobotics
Co-investorsFarvatn Venture
Amina Charging builds AC electric-vehicle chargers (models C2 and M2) for home use, with hardware supporting ISO 15118-20, bidirectional charging (V2G) and Plug&Charge.
EnergyHardwareMobility & Transportation
AVA of Norway makes pressure washers for consumers, offering a warranty of up to 20 years on its machines.
ConsumerE-commerceHardware
Cutters operates hair salons offering fixed-price professional haircuts with a drop-in and app-based booking model, letting customers see real-time wait times, reserve a place in the queue, and pay via app.
ConsumerMarketplaces
Dele Health uses Vayyar's camera- and wearable-free sensor technology with AI to monitor residents in elderly care and senior living facilities, detecting events like falls and unusual movement patterns.
AI & Machine LearningDigital HealthHealthtech
Dyrekassen is an online store selling pet products such as dry and wet pet food and related supplies to consumers in Norway.
ConsumerDirect to ConsumerE-commerce
Enerin develops high-temperature industrial heat pumps based on a reverse Stirling cycle (HoegTemp) that recover waste heat to deliver hot water, steam, and thermal oil up to 250°C, replacing fossil fuel boilers.
Asker, NO
Co-investorsMove EnergyPSVClimentum CapitalThe Footprint Firm
flinder builds and runs outsourced finance functions for fast-growth tech, SaaS, and e-commerce companies, providing bookkeeping, finance managers, controllers, and CFO-level support along with performance reporting.
Enterprise SoftwareFintechSaaS
Co-investorsPeakButterfly VenturesEviny VenturesFarvatn VentureNordic Makers
Freska provides recurring residential cleaning services in the Nordics, using cleaners it employs directly with insurance, sick pay, and holiday rights, managed through the Freska app.
ConsumerImpact & Social GoodMarketplacesBergen, NO
Co-investorsSpintop Ventures
Glint Solar offers a platform for solar project developers to qualify and de-risk potential sites, build project pipelines, and speed up market entry.
CleantechEnergySaaS
Inherit Carbon Solutions captures biogenic CO2 produced as a byproduct at biogas plants and stores it permanently underground beneath the North Sea, selling registry-certified carbon removal credits paid on delivery.
Co-investorsFarvatn Venture
Nofence provides a virtual fencing system for livestock, using solar-powered GPS collars and a mobile app that let farmers set and adjust grazing boundaries, track animals, and receive alerts without physical fences.
AgTechHardwareIoT
Co-investorsClimate Innovation CapitalEuropean Circular Bioeconomy FundSandwater
Co-investorsCraft VenturesNorthzone
OSC builds high-fidelity offshore operation simulators for crane operations, vessel manoeuvring, subsea/ROV work, pipelay, and offshore wind installation, all running on a single native physics and 3D platform.
Deep TechEdTechEnergyÅlesund, NO
Co-investorsEviny VenturesSkagerak Capital
Pascal Technologies develops AirHull, an air lubrication system that reduces hydrodynamic drag to make planing boats and ships more fuel efficient, and supplies modular electric/conventional powertrain hardware to boat builders.
CleantechClimate TechHardware
Photoncycle develops energy technology for powering homes, currently being piloted with Norway's largest house builder and planned for large-scale manufacturing starting in 2027.
CleantechEnergyHardware
Bjorn Brandtzaeg(Founder and CEO)in
Co-investorsEviny VenturesLifeline VenturesLuminar VenturesNordicNinjaVoima Ventures
Co-investorsFarvatn Venture
Remora Robotics builds an autonomous net-cleaning robot and cloud-based platform for salmon and fish farming, combining continuous hole detection with real-time monitoring and documentation of net conditions.
AgTechCleantechRobotics
ScanReach builds an onboard wireless connectivity (OWC) mesh network for ships that acquires and contextualizes sensor data across steel vessel environments, with services for fuel and emissions monitoring, crew and asset location tracking, cargo condition monitoring, machine monitoring, access control, and fire safety.
HardwareIoTLogistics & Supply Chain
Tequs develops CO₂ heat pump systems, offering products such as its Aqua4 and TCHP 53 units.
CleantechEnergyHardware
Co-investorsEviny Ventures
Portfolio news
latest coverage across their companiesFlinder · finsmes.com · Aug 19, 2026
Enerin · arctictoday.com · Dec 11, 2025
Frequently asked questions
- How many investments has Momentum made?
- Momentum has 26 tracked investments.
- What stage does Momentum invest at?
- Momentum invests at the Seed, Series A, Series B, Growth stages.
- What sectors does Momentum focus on?
- Momentum focuses on AgTech, Cleantech, Climate Tech, Construction Tech, Energy, FoodTech, Impact & Social Good, Mobility & Transportation, PropTech.
- Where is Momentum located?
- Momentum is headquartered in Bergen, NO.
- Does Momentum lead rounds?
- Momentum typically participates in rounds rather than leading them.
- Who does Momentum co-invest with?
- Momentum most often shares deals with Eviny Ventures, Farvatn Venture, Lifeline Ventures, among 13 tracked co-investors.
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