Kristiansand · Seed–Series A · 13 people tracked
Also known as Skagerak
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Investment thesis
Skagerak Capital invests in companies with a positive impact on people and the planet. The firm is driven by the belief that technological innovation can help address major megatrends such as climate change and resource scarcity. It actively supports its portfolio companies, aligning with and sharing their missions, and seeks out ambitious founders and companies to back.
Source: firm website, verified Aug 7, 2026.
Team · 13 people
from the firm's website & curated & public directoriesWhat they invest in
from 51 of 70 portfolio companiesSaaS ×30Enterprise Software ×16AI & Machine Learning ×14Hardware ×12IoT ×10Cleantech ×9Energy ×9Deep Tech ×8
HQs:Norway×33United Kingdom×2Austria×1United States×1
Who they back
founder profiles across 16 portfolio companiesFounding team size:solo founder×122 founders×4
Where their founders studiedfrom 12 founders with education data
Norwegian University of Science and Technology (NTNU) ×4BI Norwegian Business School ×2MIT Sloan School of Management ×2University of Oslo ×2
What their founders studiedfrom 11 founders with field-of-study data
Engineering ×5Business & Management ×4Computer Science ×2Economics ×2
Where their founders worked beforefrom 11 founders with career history
SINTEF Digital ×2
Investments · 70 tracked
founders shown can be your intro pathBy year:2024 · 22022 · 32021 · 16 dated
Tenix builds software for transport operators to manage buses, electric vehicles, and fleet operations.
CleantechClimate TechEnterprise SoftwareLogistics & Supply ChainMobility & TransportationSaaSOslo, NO
Torbjørn Krøvel(Chief Executive Officer)inGrzegorz Masłowski(Chief Technology Officer)inCaroline Kverne(Chief Commercial Officer)inKristian T. Andersen(Chief Financial Officer)in
Co-investorsIdékapitalNewday
Tunable develops real-time, multigas analysers that combine micro/nanotechnology with infrared spectroscopy to collect high-quality gas data for AI-driven applications.
CleantechClimate TechDeep TechHardwareIoT
Thor Bakke(Founder & CTO)in
Co-investorsTRUMPF Venture
VilMer is a Norwegian technology company offering VilMer Aktivitetsplan, a digital "Activity-as-a-Service" platform that connects elderly residents and care services with volunteers, everyday companions, relatives, and digital activities.
Digital HealthHealthtechSaaSWellness & Fitness
Øystein Landgraff(Founder & CEO)inHarald Odde(Co-founder)
Co-investorsInvestinor
1X is an AI and robotics company developing general-purpose humanoid robots for home and industrial use.
AI & Machine LearningConsumerHardwareRoboticsPalo Alto, US
Bernt Øyvind Børnich(CEO)inBernt Børnich(Founder)in
Co-investorsAccess Ventures (New York)AF WPartnersAlliance VCAlliance VentureavraEQT Ventures+14 more
ShiftX provides a process mapping and visualization tool designed for employees across organizations to document, communicate, and improve business operations collaboratively without requiring specialized training.
Developer ToolsEnterprise SoftwareFuture of WorkSaaSOslo, NO
Nikolai Strandskogen(Chief Executive Officer)Eigil Sagafos(Chief Technical Officer)Kjetil Jortveit(Chief Growth Officer)
Co-investorsAlliance VentureAlliance VC
Software and industry expertise to help railway players digitalize operations.
Checkin ran weekly 8-minute video conversations designed to connect people and help them support one another.
ConsumerSocial
Scott Heiferman(Founder)Shavanna Miller(Founder)
Co-investorsBloomberg Beta
Confirmit (Forsta) offers an AI-powered human experience platform that collects and connects data to generate insights and recommended actions, serving brands across industries.
AI & Machine LearningEnterprise SoftwareSaaS
Co-investorsAlliance VCAlliance Venture
Decisions builds a meeting management app that integrates with Microsoft Teams and Office 365, offering agenda building, AI-generated recaps and minutes, collaboration tools and follow-up tracking.
Enterprise SoftwareFuture of WorkSaaSOslo, NO
Co-investorsIdékapital
Diller offers a loyalty platform embedded into physical stores' existing POS and payment terminals, recognizing customers at the moment of payment ("Tap2ID") without an app or QR code.
Marketing TechRetail TechSaaS
ECG247 is a medically certified wearable heart sensor with two ECG channels for continuous, long-term monitoring of heart rhythm to detect arrhythmias, with recordings uploaded to secure cloud storage accessible to healthcare professionals via a portal and companion app.
Digital HealthHealthtechMedical Devices
Effera provides tracking and communication systems for the tunnel and construction industry, giving real-time location oversight of personnel, machines, and equipment via tracking tags or smartphones.
Construction TechIoTSaaS
Co-investorsÅ Energi InvestIngeborg InvestmentsRelish WorksSiam CapitalSpark Capital
Fast Travel develops hardware and software solutions for the taxi industry.
HardwareMobility & TransportationSaaSTravel & HospitalityOslo, NO
Ole Morten Amundsen(CEO)Henrik Holter(COO)Martin Ulleberg(CIO)
FeltGIS provides GIS mapping and data-synchronization software for forestry, connecting mobile apps and an in-machine device (FeltBoks) so forestry contractors, large forest owners and timber traders can share maps, positions, tasks and files even without mobile coverage.
AgTechClimate TechSaaS
Access Fonn is a mobile-first and desktop construction site management platform that handles field-level workflows including drawing version control, snagging, compliance forms, task management, daily reporting, and document approvals.
Construction TechEnterprise SoftwareSaaS
Co-investorsIdékapitalInnovation Norway
Access Fonn is a mobile-first construction site management platform that helps project teams coordinate drawings, tasks, inspections, and defect tracking from both site and office.
Construction TechPropTechSaaSUK, GB
Co-investorsInnovation Norway
Fynd Reality develops immersive training platforms using virtual and augmented reality technologies for professional development across industries.
Deep TechEdTechEnterprise SoftwareSaaSHamar, NO
Identec Solutions develops safety and asset management solutions for operational processes in harsh industrial environments.
Advanced ManufacturingEnterprise SoftwareIoTLogistics & Supply ChainVienna, AT
Mathias(Owner)Elmar(CEO and Co-Owner)
Ignite provides supplier management software that gives companies visibility into their suppliers and spend, turning supply chain data into actionable insights for more responsible purchasing decisions.
AI & Machine LearningData & InfrastructureEnterprise SoftwareFintechLogistics & Supply ChainSaaS
SigbjørnBørge
Co-investorsArkwright XSNÖ VenturesInvestinor
Intelecy provides a no-code AI solution for industrial applications, partnering with service and technology providers to deliver digital transformation and secure data utilization services.
Advanced ManufacturingAI & Machine LearningCleantechEnterprise SoftwareSaaS
Anna Olsson(Co-founder & COO)Camilla Gjetvik(CEO)Bertil Helseth(Founder)
Co-investorsButterfly VenturesYara Growth VenturesButterflyInvestinor
Kairos Technology develops software for the energy industry.
Advanced ManufacturingAI & Machine LearningEnergyEnterprise SoftwareIoTSaaSStavanger, NO
Co-investorsProVenture
Labrador CMS is a cloud-based content management system designed for digital publishers and journalists to create, design, and publish articles and magazines quickly with a WYSIWYG editor.
AI & Machine LearningEnterprise SoftwareMarketing TechMedia & EntertainmentSaaS
Jon Reidar Hammerfjeld(Founder)
LayerOne Materials manufactures and sells graphene-based nanomaterials, including reduced graphene oxide (REGOX8®) and graphene oxide (GOX8®), produced using proprietary methods in Norway.
Advanced ManufacturingCleantechDeep TechNew MaterialsHerøya, NO
Loggit offers a reusable packaging platform for textile collection, using QR-coded reusable bags for tracking, pickup scheduling, and documented CO₂ savings to replace single-use packaging.
Circular EconomyClimate TechLogistics & Supply Chain
Nanopower Semiconductors provides semiconductor products and technical support, offering product registration for their IPMIC and EVB devices.
CleantechHardwareIoTSemiconductorsKristiansand, NO
Neva Marine develops patent-pending surface lighting systems for aquaculture, offering automated sun-simulation and diagnostic tools for feeding and biological control in fish farming pens.
AgTechFoodTechHardware
Norhybrid Renewables AS develops small vertical wind turbines and combines them with solar panels and battery storage into distributed "mini hybrid" power plants for commercial buildings, factories, farms, and other high-energy users.
CleantechClimate TechEnergy
Carl Ivar Holmen(Chief Executive Officer)inTrond Sorensen(Chief Commercial Officer)inRoman Stoiber(Chief Technology Officer)inPeder Thysted(Chief Operating Officer)in
ON24 provides a digital engagement platform that uses AI to turn webinars, content hubs, and virtual events into personalized content journeys for B2B sales and marketing teams.
AI & Machine LearningMarketing TechSaaS
Sharat Sharan(Founder)in
Co-investorsATEL VenturesBand of AngelsCanaan PartnersMidCap Financial InvestmentRho VenturesSaints Capital+3 more
Opt-E offers, implements, and operates energy-saving solutions together with selected partners and supplies energy at competitive terms.
CleantechEnergy
Co-investorsEviny VenturesSprettert
OptoScale builds an underwater camera system (Bioskop 3.0) and analytics portal that provides real-time measurements of fish weight, sea lice, health, behavior, and feeding for salmon aquaculture operators.
AgTechAI & Machine LearningHardware
Morten Frøseth(Founder)
Co-investorsBlue Ocean Capital GroupInsight PartnersSWEN Capital Partners
OSC designs and deploys customized simulation centres and virtual prototypes for offshore and marine operations, including vessel training, subsea operations, and heavy lift installations.
Advanced ManufacturingDeep TechEdTechEnergyEnterprise SoftwareSaaSÅlesund, NO
Co-investorsEviny VenturesMomentum
Penetrace provides a platform for measuring and evaluating marketing campaign and brand performance, using benchmarking, a 360° view, and machine learning-based sales modelling and prediction.
AdTechAI & Machine LearningMarketing TechSaaS
Henning Tunsli(Founder)in
Piscada builds an AI-powered building intelligence platform (including its Foresight product and cloud-native BAS) that detects faults, predicts failures, and optimizes energy across building portfolios.
AI & Machine LearningEnergyIoTPropTechTrondheim, NO
Kyrre(Product/Platform leader (led original SINTEF Piscada research project))in
Propely is an all-in-one property management platform that digitizes operations and maintenance, covering deviation handling, documentation, service agreements, sustainability reporting, and tenant/supplier communication, with an AI tool for extracting information from service reports.
AI & Machine LearningPropTechSaaS
Ole Lassesen Ekern(Founder)in
Reprice is a pricing platform that runs competitive market-based pricing and discount campaigns from a single set of product data, letting users match products to market prices, move others into campaigns, and review campaign prices before they go live.
E-commerceRetail TechSaaS
Semine provides AI-driven accounts payable and invoice automation software for finance and accounting teams, offering automated invoice processing, data capture, and line-level insights.
AI & Machine LearningFintechSaaSKristiansand, NO
Robert Kristiansen(Founder)inArun(Engineering leadership)inDaniel(Commercial leadership)inHilde(CFO)in
Co-investorsEurazeoKistefos Venture Capital
Sensibel designs and manufactures studio-quality optical MEMS microphones for portable devices, professional audio equipment, and microphone array applications.
Deep TechHardwareIoTSemiconductorsOslo, NO
Matthieu Lacolle(CTO & Co-founder)inJakob Vennerød(Director of Systems & Co-founder)in
Co-investorsIn-Q-TelInvestinorTRUMPF Venture
Sensocure develops implantable microsensor technology to monitor tissue oxygen levels and detect ischemic events before irreversible damage occurs.
BiotechDigital HealthHardwareHealthtechMedical DevicesOslo, NO
Trond Herje(CEO)Stein Hansen(Chief Technology Officer)
Co-investorsInnovation NorwayEuropean Innovation Council Fund
Sharebox provides secure self-service kiosks and cloud-based software that digitize vehicle handovers, check-ins, drop-offs, and aftersales workflows for automotive retailers, dealerships, mobility providers, and rental operators.
Enterprise SoftwareHardwareMobility & TransportationSaaSArendal, NO
Arne Eivind Andersen(CEO / Sales Director)in
Skandia Energi is a Norwegian electricity supplier offering spot-price power contracts (such as its greenSpot plan) and the "Norgespris" tariff to residential customers, with a mobile app for hour-by-hour price and consumption tracking.
ConsumerEnergy
Stell develops AI systems for complex environments, focused on computer vision that interprets visual data.
AI & Machine LearningCircular EconomyDeep TechIoT
Mattias Sohl(Chief Executive Officer)inTrygve Solberg(Chief Technology Officer)inKristoffer Sand(Chief Operating Officer)inBenjamin Torvund(Chief Financial Officer)in
Co-investorsLong Journey VenturesThird PrimeWischoff Ventures
Stimline provides software and automation systems for oil and gas well completion and intervention operations, including its IDEX collaboration platform used by energy and service companies for drilling, completion, intervention, and P&A.
Deep TechEnergyRoboticsSaaS
Surfact builds IoT hardware and cloud-based software for monitoring temperature and conditions in cold-chain logistics, serving pharmaceutical, food, and equipment supply chains.
HardwareIoTLogistics & Supply ChainNorway, NO
Per Magne Helseth(Co-founder)in
Co-investorsFarvatn VenturePlanet 9 Capital
Swipload offers a platform for construction logistics that connects ERP systems, transport providers, internal drivers and operational teams to book transport, document deliveries and proof of delivery, and analyze costs, performance and environmental impact.
Construction TechLogistics & Supply ChainSaaS
Stian Vere(Founder)in
Trysil Maskin provides equipment service and maintenance support, including remote troubleshooting, on-site inspections, and scheduled maintenance intervals for industrial machinery customers.
Advanced ManufacturingConstruction TechHardware
Jon Kjetil Jutulstad(Managing Director)
Vissim develops software, turnkey solutions, and infrastructure for marine optimisation and surveillance, providing real-time monitoring, data analysis, and decision support for offshore and coastal operations.
CleantechEnergyLogistics & Supply ChainSaaSHorten, NO
Co-investorsÅ Energi Invest
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
1XAppsensArcamInlineInline XIntegrascoIscAlertLabradorLayerOnePresensStellaiTrysil MaskinUFIS Airport SolutionVIBBIOVixelWtek
Exits · 13
1 IPOs · 12 acquisitions · showing 1by Ardoqacq. by Ardoq
Portfolio news
latest coverage across their companiesOptoScale · insightpartners.com · Feb 12, 2026
Frequently asked questions
- How many investments has Skagerak Capital made?
- Skagerak Capital has 70 tracked investments, 13 of which have exited.
- What stage does Skagerak Capital invest at?
- Skagerak Capital invests at the Seed, Series A stages.
- What is Skagerak Capital's typical check size?
- Skagerak Capital typically writes checks of $10K – $250K.
- What sectors does Skagerak Capital focus on?
- Skagerak Capital focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Cleantech, Climate Tech, Construction Tech, Data & Infrastructure, Deep Tech, Energy, Enterprise Software, Hardware, Impact & Social Good, IoT, Medical Devices, PropTech, Robotics, SaaS.
- Where is Skagerak Capital located?
- Skagerak Capital is headquartered in Kristiansand, NO.
- Who does Skagerak Capital co-invest with?
- Skagerak Capital most often shares deals with Alliance VC, Alliance Venture, Å Energi Invest, among 35 tracked co-investors.
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