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
23

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 19 of 23 portfolio companies

SaaS ×12AI & Machine Learning ×8Enterprise Software ×7Advanced Manufacturing ×5Deep Tech ×5Fintech ×4IoT ×4Hardware ×3

HQs:Norway×9United States×2Germany×1Italy×1

Investments · 23 tracked

founders shown can be your intro path

By year:2025 · 12024 · 32023 · 15 dated

Cardboardcardboard.incinAug 2024✓ 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.noin

Cardboard provides software for managing and tracking SaaS subscriptions, AI tool costs, and business software expenses across a company's entire tech stack.

Enterprise SoftwareFintechSaaSOslo, NO

Celsiacelsia.ioin

Celsia is a SaaS platform for corporate sustainability reporting that helps organizations comply with EU regulations like the Corporate Sustainability Reporting Directive (CSRD).

Climate TechGovTechImpact & Social GoodSaaSOslo, NO

ComplAIcomplai.cominApr 2023 · $1.7M

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 video editing platform that enables creators to collaborate and edit video content through a browser without requiring expensive software installations or hardware.

AI & Machine LearningCloud ComputingCreator EconomyMedia & EntertainmentSaaSBergen, NO

Fortifaifortifai.coin𝕏

Reggy provides compliance management software for lean teams at global companies that lack dedicated compliance departments.

CybersecurityEnterprise SoftwareSaaSOslo, NO

Abbey(Chief Compliance Officer (background))Will(Head of Commercial)Nateq(Head of Engineering)

IPerceptipercept.ioin

IPercept provides condition monitoring and predictive maintenance for CNC machines, collecting motion and vibration data via a smart device on the machine's kinematic chain to detect developing faults in components like axes, spindles, and joints.

Advanced ManufacturingAI & Machine LearningDeep TechIoT

Karoly SzipkainAndreas Archenti(Professor)in

Co-investorsBackstage ABJ12 VenturesLuminar VenturesAI Fund

Justgojust.comin

Just measures the hidden margins that banks charge companies on foreign exchange trades against real-time market rates.

AI & Machine LearningFintechSaaS

Muybridgemuybridge.cominOct 2024 · $16M

Muybridge makes a software-defined camera system that captures, replays, and allows navigation from any angle in real time for producers and storytellers.

Deep TechHardwareMedia & EntertainmentOslo, NO

Håkon(Co-Founder & CEO)Anders(Co-Founder & Product Owner)

Co-investorsFairpoint CapitalIdékapitalInvestinor

Oteeotee.ioin

A platform that deploys programmable logic controller (PLC) runtime and associated operational technology services such as OPC UA servers and MQTT brokers as managed software services.

Advanced ManufacturingEnterprise SoftwareIoTNot stated

Henrik Pedersen(CEO)inRadek Janik(CTO)

Co-investorsSuperAngel

Phantasmaphantasma.ai
Phantasma Labsphantasma.globalinOct 2024

Phantasma Labs builds industrial-grade AI software using Reinforcement Learning to create models without large datasets, applying simulations to areas such as production planning for factories and navigation for autonomous vehicles.

Advanced ManufacturingAI & Machine LearningDeep TechMobility & TransportationBerlin, DE

Rama Nanjundaiah(CEO)inMaria Meier(CTO)in

Co-investorsEntrepreneur FirstIT-Farm CorporationLinden CapitalMomenta VenturesAPEX Ventures

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)inPaulo Cunha(Pipedrive CEO)in

Co-investorsVista Equity PartnersAngelPadBessemer Venture PartnersCamber PartnersDigital Health VenturesFresco Capital+10 more

Plaaceplaace.coin

Plaace provides a location analytics platform that helps retailers and urban developers make informed decisions about store placement and neighborhood development using movement data, demographics, and transaction data processed with AI and machine learning.

AI & Machine LearningData & InfrastructurePropTechRetail TechSaaSOslo, NO

Snorre(CEO & Founder)Tobias(CMO & Founder)Peder

Plaatoplaato.io

PLAATO Insights is an industrial AI platform that collects real-time and historical data from beverage and liquid facility equipment via industrial gateways, providing production monitoring, predictive analysis, and operational insights for mid to large-scale producers.

Advanced ManufacturingAI & Machine LearningFoodTechIoTSaaS

Shapemakershapemaker.ioin
Sonairsonair.comin

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-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.itin𝕏May 2025

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

Chiara Petrioli(Founder)in

Co-investorsCDP Venture CapitalMoonstone Venture CapitalAxon Partners GroupSWEN Capital Partners

Zerolyticszerolytics.com

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has RunwayFBU made?
RunwayFBU has 21 tracked investments, including 2 dated in the last 24 months.
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, Insight Partners, J12 Ventures, among 25 tracked co-investors.

Images

RunwayFBU photoRunwayFBU photo

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