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69 Best Norway Startups to Watch in 2024
How do we build this list? TLDR: Using math and experts.
Last update to the database: May 26, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
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Developer of therapies for inflammatory and fibrotic diseases. |
$81M · Series A | Sarsia, p53, Forbion Capital Partners | 11 to 50 | Biotech, Pharma | Oslo, Norway | •••••••••••@callunapharma.com | ||
Humanoid robots maker for consumer use. |
$100M · Series B | OpenAI Startup Fund, Skagerak Capital, Valinor AS | 51 to 100 | Deep Tech, Robotics | B2C | Oslo, Norway | •••••••••••@1x.tech | |
Manufacturer of solar power plants machinery and batteries. |
$102M · Series C | Climate Investor One | 11 to 50 | Climate Tech & Green Tech, Energy & Nuclear | B2B | Oslo, Norway | •••••••••••@releasesolar.com | |
AI-powered farming robots maker. |
$11M · Series A | MP Pensjon, Rabo Ventures, Nysnø | 11 to 50 | Agritech, Robotics | B2B | Oslo, Norway | •••••••••••@sagarobotics.com | |
Solar energy company. |
$105M · Series B | Good Energies, ITOCHU Corporation, Norsk Hydro | 501 to 1000 | Climate Tech & Green Tech, Energy & Nuclear, Manufacturing | B2B | Oslo, Norway | •••••••••••@norsuncorp.no | |
Radiopharmaceutical company. |
$25M · Series B | Canica, MUSST Investments, Hadean Ventures | 11 to 50 | Health Tech, Biotech, Deep Tech | B2B | Oslo, Norway | •••••••••••@oncoinvent.com | |
Clinical-stage radiopharmaceutical biotech. |
$23M · Seed | F-Prime Capital | 11 to 50 | Biotech | Oslo, Norway | •••••••••••@artbio.com | ||
Converts old tyres into new commodities. |
$42M · Series B | VTTI B.V. | 1 to 10 | Climate Tech & Green Tech, Manufacturing | B2B | Oslo, Norway | •••••••••••@wastefront.com | |
AI-based assistants, chatbots, and automation services builder. |
$5M · Seed | Maki.vc, Skyfall Ventures | 1 to 10 | Developer Tools, Creative Tools | B2B, SaaS | Oslo, Norway | •••••••••••@databutton.io | |
BNPL for B2B. |
$19M · Series A | Local Globe, Visionaries Club, nFront Ventures | 51 to 100 | Fintech, Mobile, Payments, Ecommerce | B2B, SaaS, Marketplace | Oslo, Norway | •••••••••••@two.inc | |
AI-powered industrial IoT data platform. |
$8M | Accel | 501 to 1000 | AI, Deep Tech, Machine Learning, Data and Analytics, Energy & Nuclear, Manufacturing, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@cognite.com | |
Manufacturer of adaptive smart sensors. |
$12M · Series A | Alliance Venture, SpareBank 1 SMN, Verdane | 51 to 100 | Climate Tech & Green Tech, Hardware | B2B | Oslo, Norway | •••••••••••@novelda.com | |
On-demand custom printing platform for ecommerce sellers. |
$9M · Series A | Dawn Capital, SEB Pension Fund | 101 to 250 | Ecommerce, Service Industry | B2B, SaaS | Oslo, Norway | •••••••••••@gelato.com | |
Educational gaming platform. |
$6M · Seed | Northzone, Microsoft, SoftBank Group | 101 to 250 | Edtech, Gaming, Mobile | SaaS, B2C | Oslo, Norway | •••••••••••@kahoot.com | |
Online grocery door-to-door delivery platform. |
$14M · Series A | SoftBank Group, Investment AB Kinnevik, Alliance | 501 to 1000 | Foodtech, Ecommerce | B2C | Oslo, Norway | •••••••••••@oda.com | |
Simulation-based workforce training platform. |
$25M | Viking Venture | 101 to 250 | Edtech, Gaming, Productivity Tools | B2B, SaaS | Oslo, Norway | •••••••••••@attensi.com | |
AI-powered Anti-Money Laundering (AML) software. |
$10M · Series A | Atomico, Curiosity VC, Maki.vc | 11 to 50 | Fintech, AI | SaaS | Oslo, Norway | •••••••••••@strise.ai | |
CardioMech is a developer of therapeutic devices for structural heart disease. |
$13M · Series A | Hadean Ventures, Investinor | 1 to 10 | Health Tech, Hardware, Biotech, Manufacturing | B2B | Trondheim, Norway | •••••••••••@cardiomech.com | |
AI-powered search engine. |
$31M · Series A | Blossom Capital | 11 to 50 | AI | B2C | Trondheim, Norway | •••••••••••@vespa.ai | |
EV charging facilities. |
$51M · Series B | Marguerite | 11 to 50 | Climate Tech & Green Tech, Electric Vehicles | Bergen, Norway | •••••••••••@wattifev.com | ||
Second-hand clothing platform. |
$6M | VNV Global | 1 to 10 | Fashion, Ecommerce | Marketplace, B2C | Oslo, Norway | •••••••••••@tise.com | |
No-code app development platform. |
$5M · Seed | Idekapital | 1 to 10 | Developer Tools | Oslo, Norway | •••••••••••@appfarm.io | ||
SaaS-based platform to integrate with energy assets. |
$15M | Lowercarbon Capital, Creandum, BoxGroup | 11 to 50 | Energy & Nuclear, Developer Tools | B2B, SaaS | Oslo, Norway | •••••••••••@enode.io | |
Industrial automation platform. |
$1M · Seed | Startuplab, Superangel, Antler | 1 to 10 | Machine Learning, Manufacturing | B2B, SaaS | Oslo, Norway | •••••••••••@otee.io | |
Environmentally friendly wood modification process developer. |
$2M · Series A | Lightrock, ETF Partners, Investinor | 51 to 100 | Agritech, Manufacturing | B2B | Oslo, Norway | •••••••••••@kebony.com | |
Innovation tool for the Enterprise. |
$1M · Seed | Startuplab, Idekapital, Norselab | 101 to 250 | Deep Tech, Data and Analytics | B2B, SaaS | Oslo, Norway | •••••••••••@ardoq.com | |
MEMS microphone technology developer. |
$3M | Investinor | 11 to 50 | Hardware, Manufacturing | B2B | Oslo, Norway | •••••••••••@sensibeltech.com | |
Visual programming interface platform for backend development. |
$660k · Pre Seed | Sondo Capital, Tiny VC, The Nordic Web Ventures | 1 to 10 | Developer Tools | B2B, SaaS | Oslo, Norway | •••••••••••@midio.com | |
Nasal drug developer. |
$601k · Seed | Entrepreneurs Fund, Avista Capital Partners, WFD Ventures | 101 to 250 | Biotech, Pharma | Oslo, Norway | •••••••••••@optinose.com | ||
Residential solar and battery installation marketplace. |
$640k · Seed | Nysnø, Startuplab, Å Energi | 251 to 500 | Climate Tech & Green Tech, Energy & Nuclear | B2C, Marketplace | Oslo, Norway | •••••••••••@otovo.com | |
Ocean and air freight rate benchmarking platform. |
$1M · Seed | Creandum, Point Nine Capital, Alliance Venture | 101 to 250 | Data and Analytics, Mobility & Transportation | Marketplace, B2B | Oslo, Norway | •••••••••••@xeneta.com | |
Video meetings collaboration platform. |
$12M · Series A | Point Nine Capital, 20VC | 51 to 100 | Video, Communications | B2B, SaaS | Oslo, Norway | •••••••••••@whereby.com | |
POS checkout platform for hospitality industries. |
$11M | OpenOcean, Idekapital | 51 to 100 | Fintech, Foodtech, Payments | B2C, SaaS | Oslo, Norway | •••••••••••@web.favrit.com | |
AI-powered accounting automation platform for businesses. |
$1M · Seed | ICONIQ Growth, GGV Capital, Costanoa Ventures | 101 to 250 | Fintech, AI | B2B, SaaS | Oslo, Norway | •••••••••••@vic.ai | |
ESmart Systems provides AI driven software solutions to the energy industry and service providers. |
$18M | Energy Impact Partners, Future Energy Ventures | 101 to 250 | AI, Data and Analytics, Energy & Nuclear, Business Intelligence | B2B | Halden, Norway | •••••••••••@esmartsystems.com | |
CrayoNano is a semiconductor company, manufacturer of hybrid material based UV-C LEDs for disinfection. |
$21M | TeleVenture Management | 11 to 50 | Climate Tech & Green Tech, Health Tech, Energy & Nuclear, Manufacturing, Semiconductor | B2B | Trondheim, Norway | •••••••••••@crayonano.com | |
Open source feature management platform. |
$2M | Firstminute Capital, Frontline Ventures, nFront Ventures | 11 to 50 | Data and Analytics, Open Source, Developer Tools | B2B, SaaS | Oslo, Norway | •••••••••••@getunleash.io | |
AI-powered platform to optimize the cutting and processing of sustainable meat. |
$3M | Idekapital | 11 to 50 | Foodtech, AI, Machine Learning | B2B, SaaS | Oslo, Norway | •••••••••••@volur.no | |
Conversational advertising platform. |
$3M | Investinor, Idekapital | 11 to 50 | Adtech, Media and Entertainement, Data and Analytics, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@cavai.com | |
Digital integrating climate action tools for businesses. |
$600k · Pre Seed | DNB, Sound Ventures, GenZero | 11 to 50 | Climate Tech & Green Tech, Fintech | B2B, Marketplace, SaaS | Oslo, Norway | •••••••••••@chooose.today | |
Wealth management advisory firm. |
$302M | 101 to 250 | Personal Finance | B2B, B2C | Oslo, Norway | •••••••••••@forvaltningshuset.no | ||
Hybrid gaming platform. |
N/A | Talis Capital, Seedcamp, Connect Ventures | 11 to 50 | Gaming, Mobility & Transportation | B2C, SaaS | Oslo, Norway | •••••••••••@portalone.com | |
Time tracking platform. |
$1M · Seed | 500 Global, Concentric, Investinor | 51 to 100 | AI, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@memory.ai | |
Dune Analytics is an Ethereum-centric analytics platform that makes on-chain crypto data accessible and consumable. |
N/A | Union Square Ventures | 11 to 50 | Crypto & web3, Data and Analytics, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@duneanalytics.com | |
Pre-clinical platform for all kinds of cancer treatment. |
$3M | Investinor | 1 to 10 | Health Tech, Biotech, Pharma | B2B | Oslo, Norway | •••••••••••@hemispherian.com | |
Compliance automation platform for developers. |
$3M | Skyfall Ventures | 11 to 50 | Legal Tech, Privacy and Security | B2B, SaaS | Oslo, Norway | •••••••••••@kosli.com | |
Cybersecurity automated training and attack simulation platform. |
$3M · Seed | Signals Venture Capital | 11 to 50 | Cybersecurity | B2B, SaaS | Oslo, Norway | •••••••••••@pistachioapp.com | |
Document management platform. |
$650k · Seed | TeleVenture Management, Summa Equity, Norselab | 101 to 250 | Future of Work, Cloud | SaaS, B2C | Oslo, Norway | •••••••••••@documaster.com | |
Smart keys for doors. |
$1M · Seed | Arkwright X, Schibsted Growth | 11 to 50 | Hardware, Mobile | B2B, B2C | Oslo, Norway | •••••••••••@unloc.app | |
MeaWallet help banks, issuers and merchants with payment tokenization and digital payments enablement. |
N/A | Idekapital | 101 to 250 | Fintech, Hardware, Mobile, Payments, Ecommerce, NFC | B2B | Oslo, Norway | •••••••••••@meawallet.com | |
AI-powered search engine tool for R&D departments. |
$400k · Angel | EIC Accelerator, The Index Project, Bakken & Baeck | 11 to 50 | AI, Machine Learning, Data and Analytics | B2C, SaaS | Oslo, Norway | •••••••••••@iris.ai | |
Joymo is a sports-based media and entertainment company. |
$1M | Investinor | 11 to 50 | Sportstech, Media and Entertainement, Video, Business Intelligence, Communications, Productivity Tools | B2C, SaaS | Oslo, Norway | •••••••••••@yoimo.no | |
Homely is a provider of smart home alarm solution. |
$1M | Schibsted Growth | 1 to 10 | Hardware, Proptech & Real Estate, Manufacturing, Internet of Things | B2B, B2C, SaaS | Oslo, Norway | •••••••••••@homely.no | |
EV batteries recycling platform. |
$1M | Antler, Link Venture Capital | 11 to 50 | Climate Tech & Green Tech, Mobility & Transportation, Energy & Nuclear, Manufacturing | B2B | Oslo, Norway | •••••••••••@evyon.com | |
Skyfri is a cleantech company that provides solar asset owners with a platform that automates operations, maintenance, and asset management. |
$1M · Pre Seed | Speedinvest, Link Venture Capital | 101 to 250 | Climate Tech & Green Tech, Energy & Nuclear, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@skyfri.com | |
Financial lending platform for businesses. |
$4M | Schibsted Growth | 11 to 50 | Fintech, Payments | Marketplace, B2B | Oslo, Norway | •••••••••••@fundingpartner.no | |
Provides rapidly integrated cloud-solutions for manufacturing and logistics companies in the Nordic countries |
$3M | Viking Venture | 11 to 50 | Manufacturing | B2B | Oslo, Norway | •••••••••••@myproduction.no | |
ZTL Payment Solution is a B2B payment platform providing clients with customized payment solutions. |
$503k · Seed | Investinor | 11 to 50 | Fintech, Mobile, Payments | B2B, SaaS | Oslo, Norway | •••••••••••@ztlpay.io | |
Crypto trading platform. |
$570k · Pre Seed | Schibsted Growth, Skyfall Ventures | 101 to 250 | Fintech, Crypto & web3 | B2B, B2C, Marketplace | Oslo, Norway | •••••••••••@firi.com | |
Cloud-based digital platform for small-holder farmers. |
$3M | Investinor | 11 to 50 | Agritech, Cloud | B2B, SaaS | Oslo, Norway | •••••••••••@farmforce.com | |
Minuendo is creating the earplugs with technology that adapts to the ambient noise. |
$1M | Link Venture Capital | 1 to 10 | Govtech, Manufacturing | B2B | Oslo, Norway | •••••••••••@minuendo.com | |
Automated AI-powered workflow for building documentation - enabling sustainability and efficient facility management. |
$2M · Seed | Kompas | 1 to 10 | AI, Proptech & Real Estate, Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@findable.no | |
Strategic Procurement Made Easy: We facilitate data-driven, smarter, and sustainable decisions for procurement professionals and businesses. |
$870k · Seed | Arkwright X, Investinor, SNÖ Ventures | 11 to 50 | Business Intelligence | B2B, SaaS | Oslo, Norway | •••••••••••@igniteprocurement.com | |
Visual editing platform. |
$90k · Pre Seed | EQT Ventures, Notion Capital, Point Nine Capital | 11 to 50 | Media and Entertainement, Sales and Marketing, Creative Tools | B2B, SaaS | Oslo, Norway | •••••••••••@vev.design | |
Norkon provide financial news solutions, investment analysis tools and widgets, and real-time news CMS solutions |
$2M | Idekapital | 11 to 50 | Media and Entertainement, Data and Analytics, Sales and Marketing, Business Intelligence, Investing | B2B, SaaS | Oslo, Norway | •••••••••••@norkon.net | |
Online bookstore. |
$130k · Pre Seed | Schibsted Growth | 11 to 50 | Edtech, Ecommerce | Marketplace | Oslo, Norway | •••••••••••@bookis.com | |
Book a doctor at home and drop the route and waiting room. |
$1M | Schibsted Growth | 11 to 50 | Health Tech | B2C | Oslo, Norway | •••••••••••@hjemmelegene.no | |
Social communication platform to combat loneliness. |
$840k · Angel | Idekapital | 51 to 100 | Health Tech, Robotics, ElderTech | B2C | Oslo, Norway | •••••••••••@noisolation.com | |
Mercell is a digital platform for public eTendering and entered the eProcurement market. |
$46M | 101 to 250 | Ecommerce, IT Management | B2B, SaaS, Marketplace | Oslo, Norway | •••••••••••@mercell.com |
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