Alliance

Alliance Venture is a venture capital and private equity firm founded in 2001, with headquarters in Oslo, Norway, and additional offices in Palo Alto, California, and Stockholm, Sweden. The firm specializes in seed, startup, and early-stage investments, primarily targeting privately held technology companies that operate at the intersection of information communication technology, micro-technology, material technology, and biotechnology. It also focuses on media, telecommunications, and information technology within the oil and energy sectors. Alliance Venture invests in regions including Scandinavia, the United States, Latin America, and parts of Asia and Africa, typically committing between $0.2 million and $1.7 million to its portfolio companies. The firm aims for a lead role and board seat in Norwegian investments, while co-investing in other regions without insisting on board representation. With total funds under management of approximately $100 million, Alliance Venture seeks to exit its investments through initial public offerings or trade sales.

Bjorn Christensen

Co-Founder & Partner

Johan Gjesdahl

Managing Partner

Anders Hallin

Partner

Jan-Erik Hareid

Founder & Chairman

Jan-Erik Hæreid

Managing Partner

Bente Loe

Partner

Erling Maartmann-Moe

Partner

Arne Tonning

Partner

Henrik Torstensson

Partner

Lars F. Windfeldt

Member of Advisory Board

Past deals in Oslo

Equality Check

Seed Round in 2021
Equality Check is a community-based platform based in Ireland that facilitates anonymous employee reviews focused on workplace equality. Users can share their experiences about current or former employers, allowing others to research companies and assess their commitment to equality. The platform not only enables individuals to leave ratings and reviews but also serves as a resource for organizations to identify gender imbalances within their workforce. By leveraging crowdsourced feedback, Equality Check offers evidence-based solutions to help companies improve their practices and foster a more equitable work environment.

Sanity

Series B in 2021
Sanity is a software platform designed for delivering structured content to products and devices. It lets people create completely custom interfaces and content workflows while Sanity’s real-time API lets you deliver content from a single source to any channel, device, or product. Sanity was founded in Norway and has offices in Oslo and San Francisco

Sanity

Series A in 2020
Sanity is a software platform designed for delivering structured content to products and devices. It lets people create completely custom interfaces and content workflows while Sanity’s real-time API lets you deliver content from a single source to any channel, device, or product. Sanity was founded in Norway and has offices in Oslo and San Francisco

Aprila Bank

Series B in 2020
Aprila Bank ASA is a commercial banking institution based in Oslo, Norway, specializing in providing financial services to small and medium-sized enterprises (SMEs) and retail customers. Founded in 2018, the bank focuses on developing digital and automated financing solutions, including Aprila Invoice Sales, which allows for the immediate sale of invoices and is integrated with cloud-based accounting systems. With its API-based technology platform, Aprila connects with approximately 130,000 SMEs through partnerships with prominent ERP and accounting software providers, facilitating seamless financial transactions and improving access to funding for businesses in the Norwegian market.

Sanity

Seed Round in 2019
Sanity is a software platform designed for delivering structured content to products and devices. It lets people create completely custom interfaces and content workflows while Sanity’s real-time API lets you deliver content from a single source to any channel, device, or product. Sanity was founded in Norway and has offices in Oslo and San Francisco

Grunt

Venture Round in 2019
Grunt is a developer of an application that enhances the functionality of PowerPoint, focusing on improving the process of creating business presentations. The tool enables users to create impactful presentations by offering easy-to-use charts and tables, while also addressing issues related to data consistency and integration. This allows business professionals to focus on their core tasks and produce high-quality presentations in a shorter amount of time.

Aprila Bank

Venture Round in 2017
Aprila Bank ASA is a commercial banking institution based in Oslo, Norway, specializing in providing financial services to small and medium-sized enterprises (SMEs) and retail customers. Founded in 2018, the bank focuses on developing digital and automated financing solutions, including Aprila Invoice Sales, which allows for the immediate sale of invoices and is integrated with cloud-based accounting systems. With its API-based technology platform, Aprila connects with approximately 130,000 SMEs through partnerships with prominent ERP and accounting software providers, facilitating seamless financial transactions and improving access to funding for businesses in the Norwegian market.

Northern.tech

Series A in 2017
Northern.tech AS develops security software for connected devices. The company offers Zener, a distributed software defined firewall (SDF) solution which protects data and application locally; Mender, an open source remote software updater for embedded linux devices; and CFEngine, a configuration management and automation framework that configures system services, ensures file content and integrity, deploys application updates, manages processes, and ensures system compliance. The company caters to banks, automotive, semiconductor, telecommunication, financial technology, oil and gas, and transportation and logistics industry. The company was incorporated in 2008 and is based in Oslo, Norway with an additional office in Palo Alto, California.

Scrimba

Seed Round in 2017
Scrimba is a coding course platform with over 120K monthly active students. It's based on a new video format that makes the screencasts fully interactive for students, and easier to create for teachers.

Xeneta

Series B in 2017
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Fuse

Series A in 2017
Fuse specializes in mobile app development and full stack development, providing a comprehensive suite of services that includes advisory and concept development. Founded by experienced professionals in mobile graphics, the company aims to enhance the app and user experience creation process for both designers and developers. Fuse offers a cutting-edge user experience tool suite designed to bridge the gap between prototyping and actual development, facilitating a more seamless transition from initial design concepts to functional applications.

Eventum

Seed Round in 2016
Eventum Norge AS is a company based in Oslo, Norway, that operates an online marketplace for booking conference and event facilities. Founded in 2013, Eventum simplifies the process for organizers seeking venues for various events, including corporate gatherings and private celebrations. Through its platform, eventum.no, the company provides an efficient online booking system that allows users to find and secure spaces for parties, conferences, meetings, and other occasions. This service aims to enhance the event planning experience by making it easier to locate and book suitable venues.

Xeneta

Series A in 2015
Xeneta AS, founded in 2012 and based in Oslo, Norway, specializes in web-based solutions for the global shipping industry, focusing on containerized ocean freight. The company offers two primary products: Xeneta Insights, tailored for small and medium-sized enterprises, and Xeneta Intelligence, designed for larger volume shipping companies. Its platform provides users with access to over 45 million spot and long-term contracted freight rates across more than 160,000 trade lanes, enabling them to benchmark their shipping costs effectively. By delivering real-time pricing transparency and data-driven insights, Xeneta helps businesses identify, understand, and optimize their freight rates, ensuring they remain competitive in the dynamic shipping market.

Fuse

Seed Round in 2015
Fuse specializes in mobile app development and full stack development, providing a comprehensive suite of services that includes advisory and concept development. Founded by experienced professionals in mobile graphics, the company aims to enhance the app and user experience creation process for both designers and developers. Fuse offers a cutting-edge user experience tool suite designed to bridge the gap between prototyping and actual development, facilitating a more seamless transition from initial design concepts to functional applications.

Novelda

Funding Round in 2014
Novelda AS is a semiconductor company based in Kviteseid, Norway, that specializes in ultra wideband (UWB) technology. Established in 2004, the company develops components and application-specific integrated circuits for high-resolution impulse radar and short-range communications. Novelda's product offerings include the Novelda R1, a hand-held UWB radar evaluation system that analyzes reflections from electromagnetic pulses to provide three-dimensional information about surrounding objects, including their distance and velocity. Additionally, the company provides CMOS impulse radar transceiver development kits and antennas, catering to various applications such as low-power wireless communication, radio frequency identification, and radar systems. Novelda's technology is particularly noted for its use in medical and industrial high-precision sensors, as well as wireless healthcare applications, and is recognized for its effectiveness in Human Presence Detection, enhancing user experience and security in consumer electronics while promoting energy efficiency in building automation.

Fuse

Seed Round in 2014
Fuse specializes in mobile app development and full stack development, providing a comprehensive suite of services that includes advisory and concept development. Founded by experienced professionals in mobile graphics, the company aims to enhance the app and user experience creation process for both designers and developers. Fuse offers a cutting-edge user experience tool suite designed to bridge the gap between prototyping and actual development, facilitating a more seamless transition from initial design concepts to functional applications.

Ping Communication

Venture Round in 2010
Ping Communication AS develops Internet products. It offers analog telephone adapters and integrated access devices that support video, data, telephony, and wireless, including a firewall, as well as ethernet, cable, and ADSL. The company was founded in 2007 and is based in Oslo, Norway.