Norway · Investor

Innovation Norway

Last cheque observed Jun 2026; 46 cheques on record.

Deploying nowGovernment

Pre-seedSeedSeries AMarket TechMarket-techMarkettech

Deploying now
78%of best year7cheques in 12 months, 46 on record
Since the last cheque147days00hrs00min00sec
Median round$985KRounds led0 of 46Sole investor29 roundsMostly inNorway, 82%
Pitch Innovation Norway

Innovation Norway highlights

  1. 01

    7 cheques in the last 12 months

  2. 02

    Mostly Grant and Seed: 60% of its rounds

  3. 03

    Sole investor in 29 rounds, median $510K

What they do

Type
Government (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries A
Sectors
Market TechMarket-techMarkettech
Based in
Oslo, Norway
Cold pitches
Not stated

The record

Every round we can evidence, newest first46 appearances

  1. 2026

    4 rounds

  2. Jun
    CircioNO$32MSole investor
  3. Mar
    OfinitiSeed · NO$6.8MSole investor
  4. Mar
    Observe MedicalDebt · SE$1.5MWith 1 other
  5. Jan
    reTyreVenture · NO · Firms' own news pages$8.2MWith 3 others
  6. 2025

    9 rounds

  7. Dec
    AirDodge ASGrant · NO$157KWith 2 others
  8. Nov
    SportAISeed · NO$3.0MSole investor
  9. Nov
    VianodeDebt · NO$475MWith 1 other
  10. Oct
    Aurora AnalyticaGrant · NO$50KSole investor
  11. Sept
    CartesianVenture · NOUndisclosedWith 1 other
  12. May
    CircioNO$241KSole investor
  13. Jan
    AvisomoVenture · NO$3.5MSole investor
  14. Jan
    AirDodge ASPre-seed · NO$500KWith 2 others
  15. Jan
    Aker HorizonsVenture · NOUndisclosedSole investor
  16. 2024

    5 rounds

  17. Oct
    AviantGrant · NO$1.0MWith 1 other
  18. Jul
    LeasiPre-seed · NO$1.2MWith 2 others
  19. Jul
    WindSpiderGrant · NO$1.6MSole investor
  20. Apr
    IntotoPre-seed · NO$912KSole investor
  21. Jan
    PlaaceSeed · NO$970KWith 2 others
  22. 2023

    3 rounds

  23. Jul
    Lace LithographySeed · NO$496KWith 4 others
  24. Jan
    N2 AppliedGrowth · NO$11MWith 2 others
  25. Jan
    HyperhumanGrant · RO$212KWith 2 others
  26. 2022

    5 rounds

  27. Dec
    laioutGrant · NO$1.0MWith 4 others
  28. Dec
    VoxiKidsGrant · RO$211KSole investor
  29. Jul
    SkyfriNO$5.0MWith 3 others
  30. Jul
    AlumatIQVenture · NO$2.6MSole investor
  31. Apr
    FoodySeed · US$250KWith 1 other
  32. 2021

    3 rounds

  33. Sept
    SenseTaskGrant · RO$467KSole investor
  34. Jun
    AdlineSeries A$628KSole investor
  35. Mar
    ExabelSeed$6.0MSole investor
  36. 2020

    5 rounds

  37. Nov
    Travelin.aiPre-seed$510KSole investor
  38. Nov
    WaydDebt$388KSole investor
  39. Sept
    KörDebt$274KSole investor
  40. Aug
    Fonn ConstructionSeries A$3.4MSole investor
  41. Jul
    ScanReachGrant$2.0MSole investor
  42. 2019

    3 rounds

  43. Jun
    Optimeering AquaVenture$1.7MSole investor
  44. Apr
    LastCallSeed$271KSole investor
  45. Apr
    GrepSPre-seed$465KSole investor
  46. 2018

    2 rounds

  47. Dec
    TerpVentureUndisclosedSole investor
  48. Mar
    CarePacksSeed$782KSole investor
  49. 2015

    1 round

  50. Apr
    MuseaiGrant · NO$37KSole investor

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

Who they invest alongside

The investors most often in the same rounds as Innovation Norway. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Innovation Norway put money into.

Quick answers about Innovation Norway

What does Innovation Norway invest in?

Innovation Norway invests most often at Grant and Seed (60% of the rounds on record), in sectors such as Market Tech, Market-tech and Markettech.

How active is Innovation Norway?

46 investments on record, 7 of them in the last 12 months. The most recent was in Jun 2026.

What has Innovation Norway invested in recently?

Its most recent investments on record: Circio (Undisclosed round, Jun 2026), Ofiniti (Seed, Mar 2026) and Observe Medical (Debt, Mar 2026).

How big are Innovation Norway's cheques?

The median round it joins is $985K.

Does Innovation Norway lead rounds?

Rarely, if at all: none of its 46 investments on record names it as the lead.

Where does Innovation Norway invest?

Most of the companies it backs are in Norway (82%) and Romania (11%).

Is Innovation Norway investing now?

Yes: it is actively investing, with 7 investments in the last 12 months.

Who does Innovation Norway invest alongside?

Most often Antler (4 rounds together), EIC Accelerator (2 rounds together) and ESA (2 rounds together).

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it