Arkwright X

Arkwright X is a venture capital and incubation firm established in 2017, located in Oslo, Norway. The firm specializes in investing in pre-seed and seed-stage technology startups, particularly within the B2B sector in the Nordic region. Arkwright X typically makes equity investments ranging from $0.06 million to $0.13 million, focusing on startups with defendable business models and a clear vision for growth. Through a structured incubation program lasting 12 to 18 months, the firm supports founders in refining their strategies and overcoming early-stage challenges. The firm leverages a network of seasoned management consultants and experienced entrepreneurs to provide essential resources, improve investor pitches, and facilitate connections within the business ecosystem, all aimed at fostering the growth and success of its portfolio companies.

Mathilde Tuv Kverneland

Investment Director

Kristian Naess

Investment Associate

Esban Poulsen

Co-Founder and Head

Nicolai Smith

Partner

Past deals in Oslo

Ignite

Series A in 2022
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Ignite

Series A in 2021
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Ignite

Seed Round in 2019
Ignite Procurement AS is a Norwegian SaaS company established in 2016 and headquartered in Oslo. The company specializes in developing digital solutions for strategic procurement, particularly through its flagship product, Ignite. This spend management solution enables users to transform transactional data into actionable insights, facilitating informed decision-making and the implementation of effective procurement strategies. Ignite's platform provides clarity in procurement and finance, assisting business leaders in conducting responsible sourcing and supplier assessments. By offering a comprehensive overview of suppliers and spending, Ignite helps organizations reduce risk, save costs, and promote positive change within their businesses and the wider community.

Vilect

Pre Seed Round in 2019
Vilect AS is a company based in Oslo, Norway, that specializes in developing an artificial intelligence-based recruitment platform. This platform is designed to assist in hiring service employees for various sectors, including retail, restaurants, and events. Vilect's solution enables recruiters to conduct asymmetrical video interviews and automates various phases of the recruitment process, thereby streamlining hiring. The platform allows hiring managers to identify the most suitable candidates by evaluating their fit, personality, drive, and motivation through integrated video interviews. By facilitating a more efficient recruitment process, Vilect helps organizations save time and resources while ensuring that they select the right candidates for their needs. Established in 2016, Vilect continues to innovate in the recruitment technology space.

Vilect

Pre Seed Round in 2017
Vilect AS is a company based in Oslo, Norway, that specializes in developing an artificial intelligence-based recruitment platform. This platform is designed to assist in hiring service employees for various sectors, including retail, restaurants, and events. Vilect's solution enables recruiters to conduct asymmetrical video interviews and automates various phases of the recruitment process, thereby streamlining hiring. The platform allows hiring managers to identify the most suitable candidates by evaluating their fit, personality, drive, and motivation through integrated video interviews. By facilitating a more efficient recruitment process, Vilect helps organizations save time and resources while ensuring that they select the right candidates for their needs. Established in 2016, Vilect continues to innovate in the recruitment technology space.