Fundraising Fox

RunwayFBU

Venture capital

Fornebu · Pre-Seed–Series A · 2 people tracked

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Investment thesis

RunwayFBU backs early-stage industrial technology startups, pairing capital with hands-on scaling support. The firm operates a curated founder community and tech hub, connecting startups with partners, proprietary data, and domain expertise to accelerate industrial AI. It emphasizes an ecosystem approach, drawing on a network of mentors and industry experts to help founders build and scale companies in the industrial sector.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Series A
Check
$100K – $3M
HQ
Fornebu, NO
Leads rounds
Leads
Instruments
Equity
Founded
2021
AUM
$30M
Tracked investments
22

Team · 2 people

from the firm's website
Kjell Inge Røkke

Co-founder of RunwayFBU and a prominent Nordic entrepreneur.

Tor Bækkelund

Co-founder of RunwayFBU and former co-founder of StartupLab.

What they invest in

from 17 of 22 portfolio companies

SaaS ×10Enterprise Software ×7AI & Machine Learning ×6Fintech ×4IoT ×4Advanced Manufacturing ×3Climate Tech ×2Deep Tech ×2

HQs:Norway×3United States×2Italy×1

Investments · 22 tracked

founders shown can be your intro path
Cardboardcardboard.incin✓ verified

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-investorsProVentureInnovation NorwaySkyfall VenturesSondo Capital

Adminkitadminkit.io

AdminKit is a Bootstrap 5 and HTML5 admin dashboard template offering 45+ pre-built pages and 500+ customizable UI components for developers building web apps.

Developer ToolsSaaS

Cardboardcardboard.no

Cardboard is a SaaS subscription management platform that lets companies track software subscriptions, issue virtual cards for payments, set budgets, and automate receipt collection and accounting.

Enterprise SoftwareFintechSaaS

Celsiacelsia.ioin

Celsia offers software that helps companies comply with EU sustainability reporting requirements, including the CSRD/ESRS, the EU taxonomy, and the SFDR.

Climate TechImpact & Social GoodSaaS

ComplAIcomplai.comin

ComplAi provides software to help businesses manage regulatory compliance, with a focus on integrating sustainability into their operations.

AI & Machine LearningClimate TechEnterprise SoftwareGovTechSaaS

Markus Zeitzen(Nordic ESG Practice Leader & Head of Sustainable Finance)

Co-investorsDNV Ventures

Cuttingroomcuttingroom.comin

CuttingRoom is a cloud-based, browser-native video editor that lets teams capture footage from live streams, an iPhone app, or connected cloud sources, edit collaboratively in real time, and publish directly to media platforms.

AI & Machine LearningMedia & EntertainmentSaaS

Fortifaifortifai.coin𝕏

Fortifai is a governance, risk, and compliance platform that centralizes policies, controls, training, evidence, and reporting across multiple regulatory domains such as ISO 27001, SOC 2, NIS2, the EU AI Act, ISO 42001, and sustainability standards like VSME.

CybersecurityEnterprise SoftwareSaaS

IPerceptipercept.ioin

IPercept provides analytics that help industrial manufacturers monitor and improve machine utilization, enabling fact-based decisions for production.

Advanced ManufacturingAI & Machine LearningIoT

Co-investorsBackstage ABJ12 VenturesLuminar VenturesAI Fund

Justgojust.comin

Just provides a service that lets companies upload FX/trade confirmations to measure and benchmark the real spreads charged by their banks against indicative pricing, helping them identify markups and document savings.

AI & Machine LearningFintechSaaS

Muybridgemuybridge.comin

Oslo, NO

Co-investorsFairpoint CapitalIdékapital

Oteeotee.io

OTee is a software-defined industrial control platform built on Virtual PLC technology, letting engineers program IEC 61131-3 control logic in a browser, deploy it on standard x86/ARM Linux hardware, and manage control fleets centrally across sites.

Advanced ManufacturingEnterprise SoftwareIoT

Co-investorsSuperAngel

Phantasmaphantasma.ai
Pipedrivepipedrive.comin𝕏

Pipedrive is a cloud-based customer relationship management (CRM) platform designed for small and medium-sized businesses to manage sales pipelines, track leads, and automate sales processes.

AI & Machine LearningEnterprise SoftwareSaaSSales TechNew York, US

Urmas Purde(Founder)in

Co-investorsVista Equity PartnersAngelPadBessemer Venture PartnersCamber PartnersDigital Health VenturesFresco Capital+9 more

Plaaceplaace.coin

Plaace offers an all-in-one platform that provides location and area insights—analyzing foot traffic, demographics, consumer spending, and competition—to help businesses find and evaluate physical locations.

Data & InfrastructurePropTechRetail Tech

Plaatoplaato.io

PLAATO offers an AI-powered manufacturing intelligence platform that collects, connects, and analyzes production data for breweries, distilleries, wineries, and RTD producers.

AI & Machine LearningFoodTechIoT

Shapemakershapemaker.io
Sonairsonair.comin

Sonair develops ADAR One, a safety-certified 3D ultrasonic sensor that uses acoustic detection and ranging to detect people and obstacles in a full 3D volume for autonomous robots and static machine work scenes.

Deep TechHardwareRobotics

Co-investorsProVenture

Sparkelsparkel.io
Torqtorq.com

TORQ Corporation designs and manufactures centrifugal switches used to control the auxiliary start-winding of single-phase electric motors, supplying these components to motor manufacturers.

Advanced ManufacturingHardware

Co-investorsGreenfield PartnersNotable Capital

Tpaccuratetpaccurate.comin

Provides software and consulting for financial transfer pricing, helping companies price intercompany financial transactions in line with OECD guidance and achieve tax compliance.

Enterprise SoftwareFintechSaaS

Wsensewsense.itin𝕏

WSense builds underwater wireless communication and networking technology, offering end-to-end hardware and cloud components (IoUT platform) that enable secure multi-hop mesh networking and interoperability among submerged and surface sensors and autonomous vehicles.

Cloud ComputingDeep TechIoT

Co-investorsCDP Venture CapitalMoonstone Venture Capital

Zerolyticszerolytics.com

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has RunwayFBU made?
RunwayFBU has 21 tracked investments.
What stage does RunwayFBU invest at?
RunwayFBU invests at the Pre-Seed, Seed, Series A stages.
What is RunwayFBU's typical check size?
RunwayFBU typically writes checks of $100K – $3M.
What sectors does RunwayFBU focus on?
RunwayFBU focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Deep Tech, Enterprise Software, Hardware, Robotics, SaaS.
Where is RunwayFBU located?
RunwayFBU is headquartered in Fornebu, NO.
Does RunwayFBU lead rounds?
Yes, RunwayFBU leads investment rounds.
Who does RunwayFBU co-invest with?
RunwayFBU most often shares deals with Bessemer Venture Partners, J12 Ventures, Luminar Ventures, among 24 tracked co-investors.

Images

RunwayFBU photoRunwayFBU photo

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