# Nofence funding: rounds and investors

> Nofence has raised $35M across 1 round since 2025. Investors include European Circular Bioeconomy Fund (ECBF), Speedinvest and Ferd.

Source: https://millionrounds.com/company/nofence (Millionrounds; every figure on the page links to its filing or article)

Norway · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Nofence*

One round we have observed, with the 8 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Agtech Climate Tech

Funding summary Updated 26 Oct 2026

**$35M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series B, $35M Sept 2025
- **Led by:** European Circular Bioeconomy Fund (ECBF)
- **Investors:** 8 (1 led)

See who backed them

## The rounds

- **Sept 2025** Series B **$35M** [European Circular Bioeconomy Fund (ECBF)](https://millionrounds.com/fund/european-circular-bioeconomy-fund-ecbf) Lead [Speedinvest](https://millionrounds.com/fund/speedinvest) [Ferd](https://millionrounds.com/fund/ferd) [Momentum](https://millionrounds.com/fund/momentum-2) [Nysnø](https://millionrounds.com/fund/nysn-climate-investments) [Sandwater](https://millionrounds.com/fund/sandwater) [Capagro](https://millionrounds.com/fund/capagro) [Climate Innovation Capital](https://millionrounds.com/fund/climate-innovation-capital) Reported by European Circular Bioeconomy Fund (ECBF)

## Everyone who backed them

[European Circular Bioeconomy Fund (ECBF)](https://millionrounds.com/fund/european-circular-bioeconomy-fund-ecbf) VC firm **1** round, led 1

[Speedinvest](https://millionrounds.com/fund/speedinvest) VC firm **1** round

[Ferd](https://millionrounds.com/fund/ferd) Family office **1** round

[Momentum](https://millionrounds.com/fund/momentum-2) Hedge fund **1** round

[Nysnø](https://millionrounds.com/fund/nysn-climate-investments) VC firm **1** round

[Sandwater](https://millionrounds.com/fund/sandwater) VC firm **1** round

[Capagro](https://millionrounds.com/fund/capagro) VC firm **1** round

[Climate Innovation Capital](https://millionrounds.com/fund/climate-innovation-capital) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nofence).

## Also claim to have backed them

These 3 firms list Nofence as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Futurum Ventures](https://millionrounds.com/fund/futurum-ventures) VC firm Per its own site

[Momentum](https://millionrounds.com/fund/momentum) VC firm Per its own site

[T Bridge Venture Partners Ltd](https://millionrounds.com/fund/t-bridge-venture-partners-ltd) VC firm Per its own site

## Quick answers about Nofence

### Who invested in Nofence?

Nofence's investors include European Circular Bioeconomy Fund (ECBF), Speedinvest, Ferd, Momentum and Nysnø, and 3 more on record. European Circular Bioeconomy Fund (ECBF) led its latest round.

### How much has Nofence raised?

Nofence has raised $35M across 1 round since 2025.

### When did Nofence last raise?

Nofence's most recent round was a Series B of $35M in Sept 2025, led by European Circular Bioeconomy Fund (ECBF).

### What was Nofence's biggest round?

Its most recent round, $35M in Sept 2025, is also its largest on record.

### Who backed Nofence first?

Nofence's first round on record, in Sept 2025, was backed by European Circular Bioeconomy Fund (ECBF), Speedinvest and Ferd and 5 others.

### What stage is Nofence at?

Nofence's latest named round is a Series B, in Sept 2025.

### Where is Nofence based?

Nofence is based in Norway.

### Who led Nofence's rounds?

European Circular Bioeconomy Fund (ECBF) led the Series B in 2025.

## Companies like Nofence

In the same sector, and raised in the last eighteen months.

[**Salmon Evolution** $79M · Apr 2026](https://millionrounds.com/company/salmon-evolution)[**Biosort** $11M · Feb 2026](https://millionrounds.com/company/biosort)[**Desert Control** $230K · Sept 2025](https://millionrounds.com/company/desert-control)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Kinish** $35M · Oct 2026](https://millionrounds.com/company/kinish)

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