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.

Norway · Investor
Last cheque observed Jun 2026; 46 cheques on record.
Deploying nowGovernment
7 cheques in the last 12 months
Mostly Grant and Seed: 60% of its rounds
Sole investor in 29 rounds, median $510K
Every round we can evidence, newest first46 appearances
4 rounds
9 rounds
5 rounds
3 rounds
5 rounds
3 rounds
5 rounds
3 rounds
2 rounds
1 round
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.
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.
The latest companies Innovation Norway put money into.
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.
46 investments on record, 7 of them in the last 12 months. The most recent was in Jun 2026.
Its most recent investments on record: Circio (Undisclosed round, Jun 2026), Ofiniti (Seed, Mar 2026) and Observe Medical (Debt, Mar 2026).
The median round it joins is $985K.
Rarely, if at all: none of its 46 investments on record names it as the lead.
Most of the companies it backs are in Norway (82%) and Romania (11%).
Yes: it is actively investing, with 7 investments in the last 12 months.
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