Investor Lists

VC firms based in Norway

Updated 7 November 2026

VC firms headquartered in Norway.

See all 184 →The top 25
184investors on the listNo change this week
34cheques in 12 months-15% against the market
$6.6Mmedian round they joined-18% against the market median
7%wrote a cheque in 12 months
4%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (9)

  1. 1KatapultDeploying nowVC firm · Norway83$1Mmedian roundSept 2026last seen
  2. 2Alliance VCDeploying nowVC firm · Norway43$6.9Mmedian roundSept 2026last seen
  3. 3Alliance VenturequietVC firm · Norway35$12Mmedian roundJun 2019last seen
  4. 4InvestinorquietVC firm · Norway24$21Mmedian roundJul 2025last seen
  5. 5Verdane Capital AdvisorsquietVC firm · Norway15$7.8Mmedian roundOct 2015last seen
  6. 6Viking Venture ManagementquietVC firm · Norway15$10Mmedian roundDec 2019last seen
  7. 7Convexa Capital VenturesquietVC firm · Norway13$18Mmedian roundMay 2012last seen
  8. 8ProVenturequietVC firm · Norway11$1.2Mmedian roundJun 2013last seen
  9. 9NorfundDeploying nowVC firm · Norway8$35Mmedian roundAug 2026last seen
  10. 10NorselabquietVC firm · Norway6$3.3Mmedian roundSept 2019last seen
  11. 11NysnøDeploying nowVC firm · Norway5$34Mmedian roundJul 2026last seen
  12. 12SandwaterDeploying nowVC firm · Norway4$27Mmedian roundJul 2026last seen
  13. 13Incitia PartnersquietVC firm · Norway4$5.5Mmedian roundJul 2013last seen
  14. 14Nano Future InvestquietVC firm · Norway4$11Mmedian roundMar 2014last seen
  15. 15SINTEF TTO & VenturequietVC firm · Norway3$6.6Mmedian roundOct 2024last seen
  16. 16Sondo CapitalDeploying nowVC firm · Norway3$5.7Mmedian roundOct 2026last seen
  17. 17CanicaquietVC firm · Norway2$25Mmedian roundJan 2018last seen
  18. 18Disruptive TechnologiesquietVC firm · Norway2$14Mmedian roundDec 2017last seen
  19. 19DovetailDeploying nowVC firm · Norway2$27Mmedian roundSept 2026last seen
  20. 20Freyr Capital PartnersquietVC firm · Norway2$264Kmedian roundJan 2013last seen
  21. 21Gardar Venture CapitalDeploying nowVC firm · Norway2$16Mmedian roundOct 2026last seen
  22. 22HolbergFondenequietVC firm · Norway2$2Mmedian roundMay 2010last seen
  23. 23Kistefos Venture CapitalquietVC firm · Norway2$3Mmedian roundAug 2008last seen
  24. 24Mallin VenturequietVC firm · Norway2$6.5Mmedian roundJul 2013last seen
  25. 25Propagator VenturesDeploying nowVC firm · Norway2$12Mmedian roundMar 2026last seen
159 more on this list

All 184 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about VC firms based in Norway

Who are the most active VC firms based in Norway?

By cheques observed, the most active are Katapult, Alliance VC, Alliance Venture, Investinor and Verdane Capital Advisors.

How many VC firms based in Norway are there?

184 are on record. 7% made an investment in the last 12 months and 4% have led a round.

Which stages do VC firms based in Norway back?

Of the rounds with a named stage in the last 12 months, mostly Series A (35%) and Seed (26%).

How big are the rounds VC firms based in Norway join?

The typical (median) round among the leading investors here is $10M.

Which sectors do VC firms based in Norway back most?

In the last 12 months, mostly AI, SaaS and Manufacturing.

Which VC firms based in Norway lead the most rounds?

Norfund (2 led), Sandwater (2 led) and Nysnø (1 led).

What have VC firms based in Norway invested in recently?

Recent rounds include Claimlane (Series A, Nov 2026, with Skagerak Capital), Fronted (Seed, Oct 2026, with Sondo Capital) and Benford (Pre-seed, Oct 2026, with Sondo Capital).

How is this list of VC firms based in Norway ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction