Fundraising Fox

RunwayFBU

Venture capital

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

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Investment thesis

RunwayFBU is an early-stage venture fund backing industrial technology startups. It provides not only capital but real-world industrial scaling support, connecting founders with partners, proprietary data, and domain expertise. The firm has made 20+ industrial tech investments with one exit and runs a technology hub hosting 40+ startups. It cultivates a curated founder community of 100+ members supported by 70+ mentors and industry experts, and has sourced 400+ startups for the industry. A particular emphasis is placed on accelerating industrial AI.

Source: firm website, verified Jul 30, 2026.

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

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.

Frequently asked questions

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.

Images

RunwayFBU photoRunwayFBU photo

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