ProVenture
Venture capitalTrondheim · Pre-Seed–Series A · 6 people tracked
Investment thesis
ProVenture backs entrepreneurs building transformative technology companies that solve real problems using digital technology. Run by people who have built, scaled, and exited global tech companies, the firm positions itself as a trusted partner offering more than capital, combining operational expertise with strategic insight. It works alongside founders from first steps through exit, aiming to deliver meaningful outcomes for both founders and its investors. Since 2006 it has partnered with over 100 founders, with team involvement in more than 50 exits and 3 IPOs.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from public directoriesWhat they invest in
from 19 of 25 portfolio companiesHardware ×11Energy ×8Deep Tech ×7AI & Machine Learning ×6SaaS ×6IoT ×5Cleantech ×4Enterprise Software ×3
HQs:Norway×16
Investments · 25 tracked
founders shown can be your intro pathCardboard 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-investorsInnovation NorwayRunwayFBUSkyfall VenturesSondo Capital
Kairos Technology develops software for the energy industry.
Advanced ManufacturingAI & Machine LearningEnergyEnterprise SoftwareIoTSaaSStavanger, NO
Bjarne André Asheimin
Co-investorsSkagerak Capital
Cimon Medical develops and manufactures Doppler ultrasound technology for healthcare facilities, with its first product providing non-invasive continuous blood flow and brain circulation monitoring for infants.
Digital HealthHardwareHealthtechMedical DevicesTrondheim, NO
Hans Torp(Inventor / Professor)Siri Ann Nyrnes(Inventor / Pediatric Cardiologist)
Co-investorsFarvatn Venture
Security technology provider for portable devices and IoT, with an extensive patent portfolio.
CUPP is an investment or advisory firm whose team combines technology expertise, industry knowledge, and investment experience, operating globally with locations in California and Norway.
CybersecurityDeep TechIoTSector AgnosticOslo, NO
Christian Bryn(Managing Director)
BoardErik Christoffersen(Chairman)Svein Anders Tunheim(Director)Carl-Fredrik Joys(Director)Hans Olav Torsen(Director)
Defibrio makes a portable AED that connects to a smartphone via USB-C, using the phone's battery and app to detect cardiac arrest and deliver a defibrillation shock.
Digital HealthHardwareMedical Devices
Arne Bergby(Chief Executive Officer)Josh Hale(Chief Product Officer)Espen Ottem(Chief Financial Officer)
InfoTiles is a technology company that provides AI-based data solutions for managing water infrastructure, serving water utilities and infrastructure operators.
AI & Machine LearningCleantechIoTSaaS
Co-investors4impact capital
Co-investorsSkagerak Capital
Jagtech develops patented drilling fluid optimization and magnetic particle separation technologies, including its Dual Shear Gun and JAG-MAG products, to improve drilling efficiency and reduce non-productive time for the oil and gas industry.
CleantechDeep TechEnergyHardwareOrkanger, NO
Arild SaasenJan Egil Pallinin
Software enabling touchless, password-free voice authentication for cloud services, mobile apps and IoT devices.
Nivel operates a platform providing spatial analytics and data infrastructure for shared mobility services, serving cities, public transportation authorities, and mobility operators.
Data & InfrastructureGovTechMobility & TransportationSaaSBergen, NO
Harald Sævareid(Founder)inSven Inge Bråten(Co-founder & Head of Product)in
Co-investorsLink CapitalSprettert
Numascale designs node controller chips that enable servers to scale from 8 to 32 CPUs as cache-coherent shared memory systems, targeting enterprise high-performance computing workloads.
AI & Machine LearningCloud ComputingData & InfrastructureDeep TechEnterprise SoftwareHardwareSemiconductorsOslo, NO
Einar Rustad(CTO)Morten Toverud(CEO)Goutam Debnath(CBO)
qWave is a rock mechanics technology company developing a patented tool that uses focused acoustic shockwaves to create wellbore perforations for more accurately measuring rock stress properties.
CleantechDeep TechEnergyHardwareStavanger, NO
Hans Petter Eng(CTO and Founder)Jan Ove Nesvik(CEO)
Rebase.energy builds an open, collaborative energy modelling platform, using data engineering and algorithms for forecasting and optimization in power systems.
AI & Machine LearningClimate TechEnergySaaS
Sebastian Haglund(CEO and Co-Founder)inMihai Chiru(CTO and Co-Founder)inKarl Thunell(CCO)in
Scale Protection offers BSA™ (Bulk Scale Analysis), an analytical method that identifies inorganic scale composition in produced water from oil and gas operations within days to help operators optimize chemical use and defer expensive well interventions.
EnergyHardwareNorway, NO
SentiSystems develops sensor fusion technology centered on the SentiBoard, a custom circuit board enabling high-precision time synchronization across multiple sensor types for autonomous systems applications.
AI & Machine LearningDeep TechDefense TechHardwareIoTRoboticsTrondheim, NO
Digital dermatology service acquired by Dr.
ADAR One is an ultrasonic 3D sensing system for industrial automation and robotic safety that detects people and objects in complete 180×180° sensing volumes at distances up to 4 metres, operating reliably in conditions where cameras and LiDAR struggle.
Deep TechHardwareRoboticsOslo, NO
Co-investorsRunwayFBU
Robotics company providing automation for online groceries and micro-fulfillment using patented gripper technology and AI software.
thtRobotics builds single-item piece-picking robotic cells with AI computer vision to automate order fulfillment in warehouses and fulfillment centers.
AI & Machine LearningLogistics & Supply ChainRobotics
Andrija(CEO)
Co-investorsVoima Ventures
Well Conveyor develops conveyance solutions that deploy sensing cables, logging equipment, and intervention tools to the bottom of horizontal wells for oil and gas operators.
Deep TechEnergyHardware
Wellstarter develops HIPlog, a wireless downhole flow metering technology that provides low-cost, intervention-free production monitoring and downhole flow rate data for oil industry operators.
EnergyHardwareIoTTrondheim, NO
High accuracy clamp-on flow rate and phase fraction meter for gas, oil, water and drilling mud systems.
Co-investorsSarsia Management AS
Exits · 1
IPOs and acquisitions across the tracked portfolioSnapMedacq. by Dr. Dropin
Portfolio news
latest coverage across their companiesEnua · cookislandsnews.com · Jun 30, 2026
Rebase · trysignalbase.com · Mar 24, 2026
Defibrio · mondayfriday.substack.com · Jun 22, 2025
Frequently asked questions
- How many investments has ProVenture made?
- ProVenture has 24 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does ProVenture invest at?
- ProVenture invests at the Pre-Seed, Seed, Series A stages.
- What sectors does ProVenture focus on?
- ProVenture focuses on AI & Machine Learning, Cybersecurity, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Hardware, Media & Entertainment, New Materials, SaaS, Sector Agnostic, Semiconductors.
- Where is ProVenture located?
- ProVenture is headquartered in Trondheim, NO.
- Does ProVenture lead rounds?
- Yes, ProVenture leads investment rounds.
- Who does ProVenture co-invest with?
- ProVenture most often shares deals with 4impact capital, RunwayFBU, Sarsia Management AS, among 8 tracked co-investors.
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