Icon Capital

Icon Capital, established in 2001, is a Norwegian private equity firm headquartered in Oslo. The company specializes in investing in high-growth potential businesses, primarily in the energy, technology, and renewable energy sectors. Icon Capital's strategy involves leveraging its unique expertise to create lasting value in partnership with management teams.

2 past transactions

FlexSea

Seed Round in 2023
FlexSea specializes in the development of innovative biomaterials sourced from renewable marine resources, specifically seaweed, to create sustainable packaging solutions. The company focuses on producing compostable biopolymer materials that serve as alternatives to conventional plastic film packaging. These materials are designed to degrade within weeks and can break down in various environments, including marine, soil, and home-composting settings. By providing environmentally friendly packaging options, FlexSea enables clients to maintain product freshness and safety while minimizing environmental impact.

Malorama

Private Equity Round in 2019
Malorama is Norway's leading trading house specializing in surface treatment products, including paint, flooring, and wallpaper. The company operates a multifaceted business model that encompasses both retail and wholesale trade. Its retail brands include Colorful and Mal Proff, while it also supports independent businesses through the Kulør chain. Malorama's wholesale and logistics division, Farveringen, plays a critical role in its operations. In addition to a comprehensive product range, the company provides concepts and category development, along with support systems and administrative solutions tailored for shops and craftsmen. By serving the building material market, Malorama has established itself as a key player in the distribution of interior and exterior surface products in Oslo and beyond.
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