Tribune Therapeutics
Series A in 2025
Tribune Therapeutics is a preclinical biopharmaceutical company dedicated to advancing novel therapies for fibrotic diseases. They focus on developing innovative medicines targeting the CCN protein family, which plays a crucial role in fibrosis development. Their pipeline aims to address a broad spectrum of fibrotic conditions, offering potential new treatment options for patients.
EXACT THERAPEUTICS AS
Post in 2024
EXACT Therapeutics AS is a clinical-stage biotechnology company based in Oslo, Norway, founded in 2012. The company focuses on developing a technology platform known as Acoustic Cluster Therapy (ACT), which utilizes sonoporation, a non-invasive method that employs ultrasound to enhance the effectiveness of various therapeutic agents. This innovative approach has the potential to significantly improve treatment outcomes across multiple medical fields, including oncology, where it can enhance chemotherapy and immunotherapy, as well as in the treatment of infectious diseases and neurological conditions.
Heimdall Power
Series B in 2024
Heimdall Power AS, established in Bergen, Norway in 2015, specializes in developing innovative sensor platforms for power grids. Their flagship product, Neuron, monitors transmission lines and distribution feeders in real-time, providing situational awareness through features such as line monitoring, fault detection, dynamic line rating, and advanced analytics. By installing these sensors on power lines to collect data on parameters like temperature, load, and line sag, Heimdall Power enables grid owners to optimize operations, enhance reliability, facilitate the transition to renewable energy sources, and ultimately improve overall grid performance.
Sensibel
Venture Round in 2024
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.
Calluna Pharma
Series A in 2024
Calluna Pharma is a clinical-stage company focused on developing innovative therapies that leverage the body's immune system to treat various immunological diseases. The company has established a strong pipeline of selective antibodies aimed at addressing unmet clinical needs across a range of conditions. Its approach includes precision targeting of upstream innate immune amplifiers and the disruption of disease-associated downstream signaling pathways, all while ensuring a favorable safety profile for its therapeutic candidates. Through its research and development efforts, Calluna Pharma aims to transform treatment options for patients suffering from immunological disorders.
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.
Intelecy
Venture Round in 2023
Intelecy, a Norwegian technology company established in 2000, specializes in industrial data analytics. It offers machine learning-driven solutions to clients worldwide, spanning various industries. The company's core expertise lies in preventing equipment breakdowns, predicting failures, enhancing production processes, and providing comprehensive operational insights. With over two decades of experience in automation, SCADA, MES, and industrial IT, Intelecy empowers businesses to optimize predictive maintenance and process efficiency.
Eyr is a healthcare technology company that provides a digital platform designed to facilitate connections between patients and doctors through video consultations. The platform allows patients to book appointments with medical professionals who can address various health issues. Upon consultation, doctors offer medical prescriptions, certificates, and conduct necessary physical examinations. Additionally, Eyr's platform enables physicians to refer patients to specialists when required. By streamlining the process of accessing healthcare, Eyr enhances patient experience and provides valuable insights into individual health data.
Dagens
Venture Round in 2023
Dagens is a company that operates a food distribution platform designed to connect local food producers with restaurants and consumers. By facilitating direct trade, Dagens enables these producers to access market opportunities and become professional sellers. The platform coordinates information along a data-driven supply chain and offers an online shopping portal for food products, streamlining the purchasing process for both consumers and businesses. This innovative approach supports local economies and enhances the accessibility of fresh, quality food.
Nomono is a company founded in 2019 that focuses on simplifying the recording, production, and collaboration processes for podcasters and broadcast journalists. It develops innovative hardware and software solutions that enhance the recording experience, allowing users to produce high-quality audio in the field without the burden of technical complexities. Nomono's platform includes a wireless microphone system and automated editing features, which streamline post-production tasks and improve the overall listening experience. The company specializes in object-based spatial audio, supporting various formats, including binaural and Dolby Atmos, making its technology applicable across diverse industries such as virtual reality and immersive media. Nomono originated as a spinout from SINTEF Digital and has since garnered support from several investors and research grants.
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.
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.
Modulize
Seed Round in 2022
Offsite construction (OSC) platform powered by calculation and design automation Prefabrication and modular construction allow us to reduce time, cost and waste in construction projects. To unlock the full potential of prefabrication, Modulize will enable simplified information extraction from complex 3D building models. With its component extractor, contractors can process models to automatically turn relevant parts of the model into tenders to be shared with manufacturers. In addition, we are developing generative design and optimisation algorithms that will enable designers and manufacturers to seamlessly collaborate to maximise the use and benefit of prefabrication and modular design. In particular, Modulize will enable design-manufacturer fit by linking manufacturers and customers based on manufacturing capacity and capability, as well as compliance with local rules and regulations. Prefabrication and modular construction allow us to reduce time, cost and waste in construction projects. Our solution, Modulize, will unlock prefab adoption through 1) automated component extraction from 3D models and 2) generative design and optimisation algorithms that let designers, contractors and manufacturers maximise the use and benefit of prefabrication.
Unacast
Venture Round in 2021
Unacast is a New York-based company that operates a global location and proximity platform. Founded in 2016 by Thomas Walle and Kjartan Slette, Unacast connects beacons and other proximity sensors to online marketing platforms, providing companies with accurate and transparent location data. This data helps businesses understand human activity in the physical world, enabling them to make informed decisions and build better products. Unacast's platform is designed to maintain and protect user privacy while offering insights into customer behavior, allowing brands and retailers to retarget customers online based on their offline activities. The company has been recognized for its innovative platform and growth.
Memory
Venture Round in 2021
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.
Xeneta, established in 2012 and headquartered in Oslo, Norway, specializes in providing real-time, on-demand container freight pricing transparency. Its platform offers access to over 45 million spot and long-term contracted rates across 160,000 global trade lanes, enabling shippers and freight forwarders to benchmark ocean container freight rates, stay informed about market price movements, and ensure competitive rates.
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.
Hemispherian
Pre Seed Round in 2021
Hemispherian is a biotechnology firm focused on developing innovative treatments for various types of cancer, particularly aggressive forms such as glioblastoma multiforme. The company specializes in creating personalized cancer therapies and is engaged in the development of a novel class of small-molecule drugs. By concentrating on areas of unmet medical need, Hemispherian aims to provide physicians with access to advanced therapeutic options that could improve patient outcomes in challenging cancer cases.
Cimon Medical
Series A in 2020
Cimon Medical AS is a Norwegian company specializing in the development and manufacture of innovative ultrasound blood-flow monitoring devices. Founded in 2019 and based in Trondheim, the company has created the NeoDoppler device, which allows for direct, non-invasive, and continuous monitoring of blood flow in the brains of premature and critically ill infants. Utilizing a unique proprietary technology, Cimon Medical's device features a coin-sized ultrasound probe designed as a single-element transducer with an unfocused beam. This design enables the device to measure blood circulation continuously by illuminating a specific area of tissue and capturing all blood flow signals simultaneously. This approach simplifies the monitoring process by providing relative measures of blood volume flow, which are as valuable as absolute measurements but require less complex equipment and expertise to operate.
Fonn Construction
Series A in 2020
Fonn Construction is a user-friendly management software for construction teams. Get your work done with every update at your fingertips.
Farmforce
Venture Round in 2020
Farmforce is a developer of a digital farming platform designed to enhance food supply quality through improved visibility and traceability in the initial stages of food sourcing. The company's software as a service (SaaS) solutions facilitate data-driven insights into food-sourcing operations, enabling organizations to ensure sustainable sourcing practices. By digitizing information on smallholder producers, Farmforce empowers clients to enhance the quality of life for farmers and promote environmental sustainability. This innovative platform supports users in making informed decisions that positively impact both agricultural communities and the broader ecosystem.
CardioMech
Series A in 2020
CardioMech is a medical device company specializing in the development of innovative therapeutic technologies for structural heart disease. Founded in 2015 and based in Trondheim, Norway, CardioMech focuses on providing a transcatheter alternative to traditional cardiac surgery for the placement of artificial chords in the mitral valve. This catheter-based approach is designed to treat patients suffering from severe symptomatic degenerative mitral regurgitation due to conditions such as prolapse or flail. By enabling surgeons to perform these procedures without the need for open-heart surgery, chest incisions, or heart-lung bypass, CardioMech aims to enhance treatment options for patients with moderate to severe mitral regurgitation.
Shoreline
Series A in 2020
Shoreline AS is a data analytics and simulation software development and consulting company focused on the offshore wind industry. Founded in 2014 and based in Stavanger, Norway, the company offers innovative solutions that facilitate the planning, optimization, and analysis of energy production facilities. Its products, including MAINTSYS and SIMSTALL, provide subscription-based services geared towards the operational and maintenance aspects of offshore wind farms, covering logistics, installation, commissioning, and testing. Additionally, Shoreline AS delivers consultancy services throughout the entire life cycle of offshore wind projects, assisting developers, energy companies, and other stakeholders from initial assessments to decommissioning. With a strong emphasis on proprietary simulation and optimization algorithms, Shoreline aims to enhance efficiency and reduce risks and costs associated with renewable energy projects.
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.
Vibbio
Venture Round in 2019
VIBBIO is a video creation platform that focuses on enhancing workplace communications through engaging video storytelling. The company’s SaaS application allows users to easily create videos for various purposes, such as employee engagement, training, and internal messaging. With features that enable users to upload content, record directly, and utilize stock materials, VIBBIO facilitates the production of polished videos. Users can soft-edit their content by adding supporting texts, subtitles, and automatic branding, ensuring that messages remain on-brand while being visually appealing. The platform also supports collaboration, allowing teams to reuse videos and create custom templates. By leveraging video as a communication tool, VIBBIO aims to make internal messaging more effective and engaging.
Xeneta
Venture Round in 2019
Xeneta, established in 2012 and headquartered in Oslo, Norway, specializes in providing real-time, on-demand container freight pricing transparency. Its platform offers access to over 45 million spot and long-term contracted rates across 160,000 global trade lanes, enabling shippers and freight forwarders to benchmark ocean container freight rates, stay informed about market price movements, and ensure competitive rates.
Planktonic AS
Seed Round in 2019
Planktonic AS is a Norwegian company based in Trondheim that focuses on the development and production of live and preserved feed for the aquaculture and aquarium industries. Established in 2008, Planktonic specializes in utilizing natural zooplankton as feed for marine species, ensuring that the feed retains its natural qualities whether it is live or inert. The company has pioneered innovative techniques for the sustainable commercial use of this abundant marine resource, supported by extensive scientific research on zooplankton. Planktonic's unique cryopreservation technology allows for the preservation and revival of live crustacean nauplii, which has the potential to replace traditional live feeds such as rotifers and artemia in the aquaculture sector. With a commitment to quality and sustainability, Planktonic aims to establish itself as a leader in the market for live feed for marine species.
Skitude is a digital platform that connects skiers and outdoor enthusiasts with mountain resorts, enhancing the experience of visiting ski destinations. Founded in 2014 and based in Girona, Spain, Skitude offers a range of mobile and web applications that provide real-time information, maps, and performance tracking for users. The platform allows skiers to share their experiences, compete for prizes, and enjoy instant access to slopes, thereby avoiding long queues at ticket counters. For resorts, Skitude offers services such as digital ticketing, customer engagement tools, and marketing insights to optimize guest experiences and increase revenue. The company operates globally, with additional offices in Lausanne and Oslo, and has been part of Skioo since 2019, serving as its brand in Switzerland.
Dele Health Tech
Seed Round in 2018
Dele Health Tech detects falls with 4x more accuracy than other automated fall systems and ensures that staff at any type of senior living and nursing facility are alerted in real-time. Considering that 1 in 3 community residents over 65 falls each year and that fall-related injuries account for 70 percent of deaths among people over 75, we are addressing a key issue in the healthcare industry.
Memory
Venture Round in 2018
Memory AS, a Norwegian startup based in Oslo, specializes in developing innovative tools aimed at enhancing productivity in the workplace. Established in 2013, the company is known for its flagship product, Timely, which is recognized as the world's first AI-powered time tracking and planning tool. In addition to Timely, Memory has launched Dewo, a personal assistant designed to facilitate deep work. By leveraging artificial general intelligence, Memory AS focuses on creating solutions that promote a better work-life integration and improve overall efficiency.
Novelda
Funding Round in 2018
Novelda is a privately held semiconductor company based in Norway, focused on research and development in the field of nanoscale wireless low-power ultra-wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence and minute movements, such as breathing and heartbeat. These sensors are applicable in various indoor environments, including consumer electronic devices and smart building systems. By leveraging its innovative sensor technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency across multiple sectors.
Nisonic
Venture Round in 2018
Nisonic is a medical technology company focused on developing innovative products for the non-invasive diagnosis and monitoring of increased intracranial pressure (ICP). The company's advanced ultrasound technology utilizes an optimized transducer for transorbital imaging and employs machine-learning algorithms to provide automatic measurements and guidance for accurate probe positioning. This approach enables medical professionals in emergency departments, intensive care units, and critical care settings to detect ICP early and intervene effectively, thereby reducing the reliance on invasive methods that carry risks of complications and are limited to larger hospitals. By integrating their software with existing ultrasound devices, Nisonic aims to enhance the accessibility and cost-effectiveness of ICP monitoring, ultimately improving patient outcomes and lowering mortality and disability rates associated with elevated intracranial pressure.
ScoutDI
Venture Round in 2018
Scout Drone Inspection AS, based in Trondheim, Norway, specializes in designing and developing advanced drones and cloud-based data analytics tools for indoor inspections, particularly in confined spaces. Founded in 2017, the company has created the Scout 137 drone, which facilitates the inspection of indoor industrial assets without the need for scaffolding or climbing, thus reducing costs and enhancing safety. The drones are equipped with indoor collision avoidance technology and planned navigation routes, allowing for autonomous operation. Through the Scout Portal, users can monitor inspections in real-time, accurately location-tag findings within a 3D asset model, and generate comprehensive reports. ScoutDI serves a diverse clientele across all continents, addressing the challenges of manual visual inspections while improving efficiency and safety in industrial settings.
ScoutDI
Seed Round in 2018
Scout Drone Inspection AS, based in Trondheim, Norway, specializes in designing and developing advanced drones and cloud-based data analytics tools for indoor inspections, particularly in confined spaces. Founded in 2017, the company has created the Scout 137 drone, which facilitates the inspection of indoor industrial assets without the need for scaffolding or climbing, thus reducing costs and enhancing safety. The drones are equipped with indoor collision avoidance technology and planned navigation routes, allowing for autonomous operation. Through the Scout Portal, users can monitor inspections in real-time, accurately location-tag findings within a 3D asset model, and generate comprehensive reports. ScoutDI serves a diverse clientele across all continents, addressing the challenges of manual visual inspections while improving efficiency and safety in industrial settings.
FunzioNano AS
Venture Round in 2018
FunzioNano AS is an independent research organization based in Trondheim, Norway, established in 2015. The company specializes in the development of nano-sized hybrid polymers designed to enhance the properties of commodity materials. Their innovative polymers serve various industries, focusing on applications such as water-repellent coatings, fire retardant materials, and gas barrier packaging. By leveraging advanced nanotechnology, FunzioNano AS aims to improve material performance and address industry-specific challenges.
FunzioNano AS
Venture Round in 2018
FunzioNano AS is an independent research organization based in Trondheim, Norway, established in 2015. The company specializes in the development of nano-sized hybrid polymers designed to enhance the properties of commodity materials. Their innovative polymers serve various industries, focusing on applications such as water-repellent coatings, fire retardant materials, and gas barrier packaging. By leveraging advanced nanotechnology, FunzioNano AS aims to improve material performance and address industry-specific challenges.
Well Conveyor
Venture Round in 2018
Well Conveyor AS is a downhole engineering company based in Bryne, Norway, established in 2015. The company specializes in the development of battery-powered slimhole conveyors designed for small horizontal wells. Its innovative conveyor system is optimized for electric operation, featuring an efficient electro-mechanical design that allows for extended tracking distances. This technology enables oil and gas companies to service wells that previously could not be accessed with traditional tractor systems. Well Conveyor aims to enhance operational efficiency in the oil services sector through its advanced engineering solutions.
Termowood
Venture Round in 2018
Termowood is a company that has a lot of expertise in building materials. The company offers a new patented concept for building construction with wood based elements.
Cura8 is a Norwegian health technology company developing non-invasive sensors for measuring the body’s core temperature.
Unacast is a New York-based company that operates a global location and proximity platform. Founded in 2016 by Thomas Walle and Kjartan Slette, Unacast connects beacons and other proximity sensors to online marketing platforms, providing companies with accurate and transparent location data. This data helps businesses understand human activity in the physical world, enabling them to make informed decisions and build better products. Unacast's platform is designed to maintain and protect user privacy while offering insights into customer behavior, allowing brands and retailers to retarget customers online based on their offline activities. The company has been recognized for its innovative platform and growth.
Hy5Pro AS
Venture Round in 2018
Hy5Pro AS is a Norwegian Medtech company established in 2015 and headquartered in Oslo. It specializes in the manufacture and development of hydraulic prosthetics, focusing on enhancing the quality of life for individuals requiring such devices. The company's notable products include MyHand, which features adaptive and sensitive grips, and MySkin, designed to improve both appearance and grip strength. Hy5Pro AS is dedicated to innovation and aims to provide high-functioning prosthetic solutions that are accessible and affordable across various demographic and socioeconomic groups. Through its efforts, the company seeks to ensure that all individuals have the opportunity for full mobility and improved quality of life.
Sensibel
Seed Round in 2018
sensiBel AS, founded in 2016 and located in Oslo, Norway, specializes in the development of ultra-high-sensitivity microphones utilizing optical micro-electro-mechanical system (MEMS) technology. The company focuses on creating microphones that offer optical ultra-low noise performance, enhancing voice control technology without sacrificing acoustic overload point and total harmonic distortion. This innovative approach enables superior speech recognition capabilities and high-quality audio capture, making it a valuable contributor to advancements in voice control applications.
Curida
Venture Round in 2018
Curida is a pharmaceutical contract development and manufacturing organization that specializes in the production of liquid medicines. The company employs unit-dose Blow-Fill-Seal technology, which enhances product quality and ensures a streamlined manufacturing process with minimal human intervention. In addition to Blow-Fill-Seal products, Curida also manufactures nasal sprays and bottled solutions. By focusing on these specialized services, Curida aims to provide healthcare providers with reliable and tested pharmaceutical products tailored for diverse patient needs.
Intelecy
Venture Round in 2018
Intelecy, a Norwegian technology company established in 2000, specializes in industrial data analytics. It offers machine learning-driven solutions to clients worldwide, spanning various industries. The company's core expertise lies in preventing equipment breakdowns, predicting failures, enhancing production processes, and providing comprehensive operational insights. With over two decades of experience in automation, SCADA, MES, and industrial IT, Intelecy empowers businesses to optimize predictive maintenance and process efficiency.
TOPRO
Venture Round in 2018
TOPRO Industri specializes in the manufacturing of mechanical and electronic components, serving several of Norway's largest industrial companies. Additionally, the company produces mobility aids designed for patients with various medical conditions. Its product range includes rollators, walkers, access and support handles, and rise and recline chairs. These offerings aim to enhance users' security, independence, dignity, and overall quality of life.
Swarm64 is a Norwegian company founded in 2013 that specializes in providing accelerators for relational databases, enabling real-time analytics for high-velocity data. With a strong focus on FPGA acceleration and real-time database design, Swarm64 develops micro-server architecture technology that enhances cloud-based computing. The company's solutions utilize SQL for big data analysis on native data in real-time, supporting both Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) workloads simultaneously while ensuring improved transaction safety. By simplifying the complexities associated with Extract, Transform, Load (ETL) processes, Swarm64 empowers businesses to derive significant value from their big data and achieve in-memory database performance at competitive costs. The company operates from its headquarters in Norway and has a presence in Berlin, Germany.
Intelecy
Seed Round in 2017
Intelecy, a Norwegian technology company established in 2000, specializes in industrial data analytics. It offers machine learning-driven solutions to clients worldwide, spanning various industries. The company's core expertise lies in preventing equipment breakdowns, predicting failures, enhancing production processes, and providing comprehensive operational insights. With over two decades of experience in automation, SCADA, MES, and industrial IT, Intelecy empowers businesses to optimize predictive maintenance and process efficiency.
APIM Therapeutics
Venture Round in 2017
APIM Therapeutics AS, founded in 2009 and based in Trondheim, Norway, is dedicated to developing innovative therapies for cancer treatment. The company focuses on proprietary peptide drugs that target proliferating cell nuclear antigen (PCNA), a crucial protein involved in DNA repair and cellular responses to stress. By targeting the interactions between PCNA and specific proteins, APIM Therapeutics aims to enhance the efficacy of cancer treatments and improve patient outcomes. Their lead compound, ATX-101, has demonstrated proof-of-concept in various preclinical cancer models, highlighting its potential in combating cancer cells. Through its research and development efforts, APIM Therapeutics is positioned to contribute significantly to the field of oncology.
Northern.tech
Series A in 2017
Northern.tech AS, based in Oslo, Norway, develops security software for connected devices, catering to industries such as banking, automotive, telecommunications, and oil and gas. The company offers a suite of products designed to enhance security and operational efficiency. Mender is an open-source solution for secure over-the-air software updates for embedded and IoT devices, ensuring robustness and recovery even during potential disruptions. CFEngine, another key offering, is a configuration management and automation framework that enables system administrators in large IT organizations to maintain compliance and agility through infrastructure-as-code. This solution manages the desired and actual states of IT infrastructure, making it suitable for regulated industries. The company's products are designed to be user-friendly and complementary, allowing both small businesses and large enterprises to select solutions tailored to their specific needs. Northern.tech was incorporated in 2008 and also has an office in Palo Alto, California.
PLUVIA AS
Venture Round in 2017
Pluvia AS is a biotechnology company based in Bergen, Norway, founded in 2015. The company specializes in researching and developing pharmacological chaperones aimed at treating diseases caused by protein misfolding. Pluvia AS is focused on creating innovative therapies, particularly to enhance the quality of life for children suffering from rare congenital disorders. Through its commitment to addressing unmet medical needs, the company aims to provide effective solutions for challenging health issues related to protein misfolding.
Shoreline
Seed Round in 2017
Shoreline AS is a data analytics and simulation software development and consulting company focused on the offshore wind industry. Founded in 2014 and based in Stavanger, Norway, the company offers innovative solutions that facilitate the planning, optimization, and analysis of energy production facilities. Its products, including MAINTSYS and SIMSTALL, provide subscription-based services geared towards the operational and maintenance aspects of offshore wind farms, covering logistics, installation, commissioning, and testing. Additionally, Shoreline AS delivers consultancy services throughout the entire life cycle of offshore wind projects, assisting developers, energy companies, and other stakeholders from initial assessments to decommissioning. With a strong emphasis on proprietary simulation and optimization algorithms, Shoreline aims to enhance efficiency and reduce risks and costs associated with renewable energy projects.
Heimdall Power
Venture Round in 2017
Heimdall Power AS, established in Bergen, Norway in 2015, specializes in developing innovative sensor platforms for power grids. Their flagship product, Neuron, monitors transmission lines and distribution feeders in real-time, providing situational awareness through features such as line monitoring, fault detection, dynamic line rating, and advanced analytics. By installing these sensors on power lines to collect data on parameters like temperature, load, and line sag, Heimdall Power enables grid owners to optimize operations, enhance reliability, facilitate the transition to renewable energy sources, and ultimately improve overall grid performance.
Villoid
Venture Round in 2017
Villoid is an e-commerce platform founded in 2015 and headquartered in Ohio. It specializes in retailing women-centric apparel and fashion accessories, offering a wide range of products including dresses, jackets, tops, footwear, jewelry, bags, watches, belts, scarves, and sunglasses. The company's mobile application allows users to search for and purchase these trending fashion items conveniently online. Additionally, Villoid fosters a community where designers can join to create and sell their own fashion pieces.
Dimension10
Seed Round in 2017
Dimension10 AS, founded in 2014 and based in Oslo, Norway, specializes in developing virtual reality communication and collaboration platforms. Its flagship product, VirtuaView, facilitates instant virtual prototyping and enhances collaborative efforts in a virtual environment. By leveraging cutting-edge technology, Dimension10 aims to transform how individuals and teams interact and create in a digital space.
Friend Software Corp.
Venture Round in 2017
Friend Software Corporation offers software that enables integration of applications and data in between all operating systems.
Sorbwater Technology
Venture Round in 2017
Sorbwater Technology AS is a Norwegian company specializing in environmental services for the oil and gas industry, focusing on the purification of water and wastewater. Established in 2007 and based in Bergen, the company offers a range of innovative technologies, including Sorbfloc, a biodegradable flocculent that aids in wastewater treatment, and Sorbsep, which effectively separates hydrocarbons from produced water. Additionally, Sorbwater provides the Sorbpol, an automated polishing reactor designed to prevent clogging and reduce maintenance needs. Their comprehensive water treatment systems are designed to work across various applications, such as separating pollutants, treating slop and grey water, and preparing water for disinfection processes. Sorbwater's solutions not only enhance environmental protection by minimizing harmful discharges but also aim to reduce treatment costs for clients. While the company primarily targets the upstream oil and gas market, its technologies have potential applications in other sectors like mining and petrochemical refining.
AblePay Technologies
Seed Round in 2017
AblePay Technologies AS specializes in mobile payment solutions, providing innovative products such as BlueSIM, a smart chip that enhances payment terminals with Bluetooth capabilities. This technology upgrades existing payment systems to support various mobile payment applications on phones and tablets, enabling features like prepayment customer identification and advertising through beacon services. AblePay Technologies serves telecom companies and other clients, leveraging its expertise developed from a spin-out of Telenor's Research Department in 2009. The company is headquartered in Trondheim, Norway, and has collaborated with SINTEF, Scandinavia's largest independent research organization, to advance its technology.
AIA Science
Venture Round in 2017
AIA Science is a provider of data analytics and artificial intelligence solutions aimed at enhancing the operational efficiency of smart cities. The company specializes in measuring carbon footprints and evaluating asset value through advanced technologies. Its offerings include Internet of Things (IoT) integration, big data analytics, and machine learning capabilities. By leveraging these technologies, AIA Science empowers clients to maximize profitability through in-depth data analysis, combining human expertise with sophisticated algorithms. The company's innovative approach addresses the rapid advancements in sensor technology and data processing, positioning it as a key player in the evolving landscape of smart urban management.
Phoenix Solutions AS
Venture Round in 2017
Phoenix Solutions AS is a Norwegian biotech company developing a technology platform for targeted drug delivery.
Tellu
Venture Round in 2017
Tellu is a company that specializes in providing software solutions for the Internet of Things (IoT) through its TelluCloud platform. The company focuses on digital health services, offering innovative remedies for health and personnel safety. Their services include digital video supervision, remote medical monitoring, GPS tracking for individuals with dementia, response center services, and various welfare technologies aimed at enhancing healthcare, quality of life, and personal safety.
Scale Protection
Venture Round in 2017
Scale Protection AS is a Norwegian company headquartered in Harstad, established in 2010. It specializes in scale management solutions for oil and gas wells, aiming to prevent scale deposition that can hinder production efficiency. The company offers a range of products and services, including scale monitoring through advanced technologies such as scanning electron microscopy and downhole monitoring tools. Additionally, Scale Protection provides squeeze placement, modeling, and advisory services to enhance well management. By focusing on cost-effective, non-chemical methods for scale prevention, Scale Protection aims to improve operational performance for its clients in the energy sector.
Xsens
Venture Round in 2017
Xsens AS, established in 2013 and based in Bergen, Norway, specializes in developing non-invasive measurement systems tailored to the oil and gas industry. The company's core business involves creating high-accuracy, intelligent systems designed for standard process pipe installations, focusing on process optimization, flow assurance, and integrity measurement. Xsens AS is a spin-off from Christian Michelsen Research (CMR) AS.
Novelda
Funding Round in 2016
Novelda is a privately held semiconductor company based in Norway, focused on research and development in the field of nanoscale wireless low-power ultra-wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence and minute movements, such as breathing and heartbeat. These sensors are applicable in various indoor environments, including consumer electronic devices and smart building systems. By leveraging its innovative sensor technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency across multiple sectors.
poLight
Venture Round in 2016
poLight ASA, headquartered in Horten, Norway, specializes in developing miniature optical components for various camera applications. The company's core technology involves creating deformable polymer-based lenses using proprietary methods, enabling wafer-scale manufacturing at low cost while maintaining high optical quality. poLight's primary focus is on developing the world's smallest and most affordable auto-focus lens for micro cameras used in smartphones, wearables like smart glasses, and industrial sectors such as medical imaging and retail.
Skioo is a company dedicated to enhancing the skiing experience by providing a seamless platform for ski ticketing and adventure booking. The Skioo Pass offers skiers instant access to an extensive network of partner resorts in Switzerland and beyond. By integrating with the systems of ski resorts, ski-lift operators, and online accommodation platforms, Skioo simplifies the booking process for users, allowing them to purchase ski tickets from a single interface. Additionally, the Skioo App fosters a community of skiing enthusiasts and provides valuable information and features to enrich the skiing experience. Founded in 2019 as part of Skitude, Skioo is driven by a team of outdoor enthusiasts and collaborates with notable technology partners to deliver its services effectively.
Unacast is a New York-based company that operates a global location and proximity platform. Founded in 2016 by Thomas Walle and Kjartan Slette, Unacast connects beacons and other proximity sensors to online marketing platforms, providing companies with accurate and transparent location data. This data helps businesses understand human activity in the physical world, enabling them to make informed decisions and build better products. Unacast's platform is designed to maintain and protect user privacy while offering insights into customer behavior, allowing brands and retailers to retarget customers online based on their offline activities. The company has been recognized for its innovative platform and growth.
BerGenBio
Series D in 2016
BerGenBio is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for aggressive cancers. The company's lead drug candidate, bemcentinib, targets the receptor tyrosine kinase AXL and is currently undergoing clinical trials, including a Phase 1b/2a study for first-line treatment of STK 11 mutated non-small cell lung cancer (NSCLC). In addition to its oncology focus, bemcentinib is also being explored in preclinical development for severe respiratory infections. Through its research, BerGenBio aims to address significant unmet medical needs in oncology and other serious diseases.
SpinChip Diagnostics
Venture Round in 2016
SpinChip Diagnostics AS is a Norwegian company founded in 2012, specializing in the development of point-of-care diagnostic systems utilizing lab-on-a-chip technology. Based in Oslo, the company focuses on diagnosing cardiovascular, endocrine, anemic, diabetic, infectious, and inflammatory diseases. SpinChip is set to introduce a state-of-the-art platform for in vitro diagnostic analyses that promises faster, easier, and more reliable results in both hospital and decentralized medical settings. The fully automated device can analyze blood samples within minutes, initially targeting the rapid cardiac segment with a Troponin-I analysis, with plans to expand to a comprehensive cardiac panel. The SpinChip platform aims to match the quality of high-sensitivity central laboratory analyzers, presenting a compelling value proposition compared to existing point-of-care solutions.
Kebony
Venture Round in 2015
Kebony is a Norwegian company based in Oslo, specializing in the production of modified wood that combines the aesthetics and durability of hardwood with the sustainability of softwood. Founded in 1997, Kebony employs a patented process known as Kebonization, which involves treating softwood with furfuryl alcohol, a natural byproduct of agriculture. This environmentally friendly method enhances the wood's properties, allowing it to achieve premium characteristics and a rich brown color, making it suitable for both interior and exterior applications. With a production facility located in Skein, Kebony serves a diverse market that includes subsidiaries in Norway, Denmark, and Sweden, as well as sales representatives in Germany, France, Italy, the United Kingdom, and the United States. The company aims to be a leading brand in sustainable wood solutions, providing architects, designers, and developers with an eco-conscious alternative to tropical hardwood.
Fronteer Solutions
Funding Round in 2015
Fronteer Solutions AS, founded in 2010 and based in Oslo, Norway, develops a technology platform designed to tackle various challenges in the financial services sector. The company provides a range of solutions for institutional investors, as well as self-service tools for individual customers. Its offerings include savings and investment solutions that utilize a global index to inform stock information. Fronteer Solutions is committed to delivering innovative financial products while catering to both professional investors and end users.
Swarm64 is a Norwegian company founded in 2013 that specializes in providing accelerators for relational databases, enabling real-time analytics for high-velocity data. With a strong focus on FPGA acceleration and real-time database design, Swarm64 develops micro-server architecture technology that enhances cloud-based computing. The company's solutions utilize SQL for big data analysis on native data in real-time, supporting both Online Analytical Processing (OLAP) and Online Transaction Processing (OLTP) workloads simultaneously while ensuring improved transaction safety. By simplifying the complexities associated with Extract, Transform, Load (ETL) processes, Swarm64 empowers businesses to derive significant value from their big data and achieve in-memory database performance at competitive costs. The company operates from its headquarters in Norway and has a presence in Berlin, Germany.
Bylineme
Seed Round in 2015
Bylineme is an online platform that serves as a global marketplace for content in the business-to-business sector. It enables journalists, freelancers, and other content producers to sell and resell their articles, photographs, and videos to various media outlets worldwide. The platform facilitates easy management and distribution of content, allowing publishers to access relevant materials efficiently. Additionally, brands can utilize the platform to connect with freelancers for creating advertisements and to find publishers for broader distribution. Bylineme aims to streamline the content creation process, providing content creators with valuable exposure while helping brands and publishers significantly reduce their content production costs.
Ace Oil Tools
Venture Round in 2015
Ace Oil Tools AS is a Norway-based company, established in 2012, that specializes in providing stop collars and anchoring solutions for downhole applications in the energy sector. The company focuses on the development of tools designed to securely lock additional downhole components onto various tubes, ensuring effective installation and reliable anchoring of equipment. Ace Oil Tools' product line includes stop collars for elevators and ratchet collars, aimed at protecting control lines and enhancing operational efficiency in the energy industry.
CFEngine is a leading provider of IT automation solutions that enable organizations to efficiently manage their infrastructure and applications in a cloud-centric environment. By offering a suite of configuration management software, CFEngine simplifies the processes of provisioning resources and deploying applications, allowing clients to operate at a significantly faster pace. The company's tools enhance operational stability and productivity, ensuring continuous availability, security, and compliance in complex IT landscapes. With a diverse user base spanning over 100 countries, CFEngine serves many prominent organizations, including major financial institutions and technology companies. Its innovative approach to IT infrastructure management positions CFEngine as a vital partner for enterprises seeking agility and efficiency in their operations.
poLight
Venture Round in 2015
poLight ASA, headquartered in Horten, Norway, specializes in developing miniature optical components for various camera applications. The company's core technology involves creating deformable polymer-based lenses using proprietary methods, enabling wafer-scale manufacturing at low cost while maintaining high optical quality. poLight's primary focus is on developing the world's smallest and most affordable auto-focus lens for micro cameras used in smartphones, wearables like smart glasses, and industrial sectors such as medical imaging and retail.
Novelda
Funding Round in 2014
Novelda is a privately held semiconductor company based in Norway, focused on research and development in the field of nanoscale wireless low-power ultra-wideband (UWB) technology. The company specializes in high-resolution impulse radar sensors designed to detect human presence and minute movements, such as breathing and heartbeat. These sensors are applicable in various indoor environments, including consumer electronic devices and smart building systems. By leveraging its innovative sensor technology, Novelda aims to enhance user experience, improve safety, and promote energy efficiency across multiple sectors.
Kebony
Venture Round in 2014
Kebony is a Norwegian company based in Oslo, specializing in the production of modified wood that combines the aesthetics and durability of hardwood with the sustainability of softwood. Founded in 1997, Kebony employs a patented process known as Kebonization, which involves treating softwood with furfuryl alcohol, a natural byproduct of agriculture. This environmentally friendly method enhances the wood's properties, allowing it to achieve premium characteristics and a rich brown color, making it suitable for both interior and exterior applications. With a production facility located in Skein, Kebony serves a diverse market that includes subsidiaries in Norway, Denmark, and Sweden, as well as sales representatives in Germany, France, Italy, the United Kingdom, and the United States. The company aims to be a leading brand in sustainable wood solutions, providing architects, designers, and developers with an eco-conscious alternative to tropical hardwood.
Cyviz
Venture Round in 2014
Cyviz is a global technology provider specializing in high-performance visualization, collaboration, and command and control systems tailored for meeting rooms. Founded in 1992 and headquartered in Stavanger, Norway, the company operates regional offices in Houston, Washington D.C., Dubai, Riyadh, Beijing, and Singapore. Cyviz caters to global enterprises and government entities that demand high standards of usability, security, and quality. The company's solutions enable a seamless cross-platform experience for managing and controlling systems and resources, making it a preferred choice for clients with complex operational needs. The majority of Cyviz's revenue is generated from the Europe, Middle East, and Africa (EMEA) regions, followed by the Americas and other markets.
Northern.tech
Seed Round in 2014
Northern.tech AS, based in Oslo, Norway, develops security software for connected devices, catering to industries such as banking, automotive, telecommunications, and oil and gas. The company offers a suite of products designed to enhance security and operational efficiency. Mender is an open-source solution for secure over-the-air software updates for embedded and IoT devices, ensuring robustness and recovery even during potential disruptions. CFEngine, another key offering, is a configuration management and automation framework that enables system administrators in large IT organizations to maintain compliance and agility through infrastructure-as-code. This solution manages the desired and actual states of IT infrastructure, making it suitable for regulated industries. The company's products are designed to be user-friendly and complementary, allowing both small businesses and large enterprises to select solutions tailored to their specific needs. Northern.tech was incorporated in 2008 and also has an office in Palo Alto, California.
BerGenBio
Series C in 2014
BerGenBio is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for aggressive cancers. The company's lead drug candidate, bemcentinib, targets the receptor tyrosine kinase AXL and is currently undergoing clinical trials, including a Phase 1b/2a study for first-line treatment of STK 11 mutated non-small cell lung cancer (NSCLC). In addition to its oncology focus, bemcentinib is also being explored in preclinical development for severe respiratory infections. Through its research, BerGenBio aims to address significant unmet medical needs in oncology and other serious diseases.
Ziebel AS
Venture Round in 2014
Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company is known for its innovative Z-System technology, which incorporates a fiber optic composite rod to enable real-time access and visualization of well bores. This technology facilitates various applications, such as Distributed Temperature Sensing (DTS) for leak detection and water ingress identification, as well as Distributed Acoustic Sensing (DAS) for monitoring fluid movement and identifying flow patterns. Ziebel's offerings include the Z-Rod and Z-Line systems, designed to deliver quality data through safe deployment in producing or injecting wells. Additionally, Ziebel maintains a collaborative platform, Z-Community, to provide employees and partners with access to resources and training. The company also has an office in Houston, United States, reinforcing its presence in the international market.
Placewise
Series C in 2014
Placewise is a global proptech company specializing in digital solutions for the shopping center industry. Established in 2004, it operates in multiple locations across Europe, the USA, Dubai, and Hong Kong, serving over 100 shopping center customers worldwide. The company's core product, The Mall Performance Cloud, integrates all digital touchpoints within a shopping mall environment into a single data layer. This enables Placewise to offer point-to-point solutions for loyalty schemes via mobile and integrated advertising solutions, ultimately helping shopping center owners increase sales. Placewise is committed to providing measurable results and continuously expands its global market position and product development, backed by venture and private equity funds.
Soundrop is a social music application that allows users to create interactive listening experiences with their friends. Founded in 2011 by Inge Andrè Sandvik, Johann Prieur, Ali Sabil, and Ole Andrè Vadla Ravnås, the platform enables Spotify users to set up listening rooms featuring their existing playlists. Users can invite friends to join these rooms, collaborate on song curation, and engage in discussions about the music in real-time. Additionally, Soundrop offers various public rooms dedicated to specific music genres, such as Dubstep, Indie Rock, and Hip Hop, where users can chat, add tracks, and vote on the next songs to play. This functionality fosters a sense of community among music lovers, enhancing the overall listening experience.
BerGenBio
Series B in 2013
BerGenBio is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for aggressive cancers. The company's lead drug candidate, bemcentinib, targets the receptor tyrosine kinase AXL and is currently undergoing clinical trials, including a Phase 1b/2a study for first-line treatment of STK 11 mutated non-small cell lung cancer (NSCLC). In addition to its oncology focus, bemcentinib is also being explored in preclinical development for severe respiratory infections. Through its research, BerGenBio aims to address significant unmet medical needs in oncology and other serious diseases.
Verdande Technology
Venture Round in 2012
Verdande Technology, previously known as Volve AS, specializes in developing innovative products and services that facilitate the re-use of knowledge through advanced reasoning technology. Its core technology employs case-based reasoning, allowing users to address new challenges by leveraging solutions from similar past experiences. This approach is particularly beneficial for industries such as oil and gas, where the company provides tools that assist in interpreting drilling data. By identifying, capturing, and analyzing data patterns in real-time, Verdande Technology enables clients to predict future problems, diagnose issues, and uncover potentially impactful events. This capability empowers organizations to make informed decisions and enhance operational effectiveness.
Cryogenetics
Venture Round in 2012
Cryogenetics specializes in cryopreservation technologies aimed at enhancing reproduction outcomes for aquatic species. The company offers innovative solutions for the preservation of genetic diversity in both wild species and commercial aquaculture, addressing the needs of research, conservation, and the aquaculture industry. By freezing biological material at temperatures that halt all biological activity, Cryogenetics enables clients to improve the efficiency of fish reproduction systems and support sustainable practices within the aquaculture sector. Through its advanced technologies, Cryogenetics contributes to better management of aquatic genetic resources, ultimately aiding in the conservation and enhancement of aquatic life.
Numascale
Series B in 2012
Numascale AS is a technology company based in Oslo, Norway, founded in 2008, that specializes in computer system interconnect technology for enterprise servers. The company develops solutions that facilitate scalable in-memory computing, enabling vendors to create big data analytics appliances tailored to specific performance requirements. Numascale's offerings include the NumaQ terascale in-memory analytics appliance, which efficiently handles data analytics workloads, and the NumaQ R Appliance, designed for statistical computing with R. Additionally, it provides MonetDB, a column-store database integrated with R, enhancing database-centric analytics capabilities. The company's innovative modular chip microarchitecture features on-chip memory transaction engines and a shared memory architecture, streamlining the design process for system vendors by eliminating the need for external interconnect fabric switches. Numascale operates as a subsidiary of Dolphin Group ASA.
Zilift
Venture Round in 2012
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.
Placewise
Series A in 2012
Placewise is a global proptech company specializing in digital solutions for the shopping center industry. Established in 2004, it operates in multiple locations across Europe, the USA, Dubai, and Hong Kong, serving over 100 shopping center customers worldwide. The company's core product, The Mall Performance Cloud, integrates all digital touchpoints within a shopping mall environment into a single data layer. This enables Placewise to offer point-to-point solutions for loyalty schemes via mobile and integrated advertising solutions, ultimately helping shopping center owners increase sales. Placewise is committed to providing measurable results and continuously expands its global market position and product development, backed by venture and private equity funds.
BerGenBio
Series A in 2012
BerGenBio is a clinical-stage biopharmaceutical company dedicated to developing innovative therapies for aggressive cancers. The company's lead drug candidate, bemcentinib, targets the receptor tyrosine kinase AXL and is currently undergoing clinical trials, including a Phase 1b/2a study for first-line treatment of STK 11 mutated non-small cell lung cancer (NSCLC). In addition to its oncology focus, bemcentinib is also being explored in preclinical development for severe respiratory infections. Through its research, BerGenBio aims to address significant unmet medical needs in oncology and other serious diseases.
poLight ASA, headquartered in Horten, Norway, specializes in developing miniature optical components for various camera applications. The company's core technology involves creating deformable polymer-based lenses using proprietary methods, enabling wafer-scale manufacturing at low cost while maintaining high optical quality. poLight's primary focus is on developing the world's smallest and most affordable auto-focus lens for micro cameras used in smartphones, wearables like smart glasses, and industrial sectors such as medical imaging and retail.
BookNorway
Venture Round in 2011
BookNorway operates as a technology platform designed specifically for the tourism industry. It facilitates online bookings for leisure travel and adventure activities through its proprietary ICT software and services. Additionally, BookNorway serves as a distribution channel for suppliers of tourism products, connecting them with potential customers.
Pinovo
Venture Round in 2011
Pinovo is an international provider of innovative and patented technology focused on the treatment, maintenance, and inspection of industrial surfaces. The company specializes in enclosed sandblasting systems that offer a dust-free alternative to traditional methods, characterized by low noise emissions and superior surface quality. Pinovo's solutions are utilized across a variety of industries, including pipelines, offshore installations, marine vessels, and equipment. By employing their advanced grit blasting technology, businesses can minimize health risks for operators, mitigate environmental impact through zero spills, and achieve cost efficiencies in maintenance and surface preparation.
OceanSaver
Venture Round in 2011
OceanSaver is a Norwegian company specializing in the manufacture of ballast water management systems for ocean-going vessels. Recognized for its compliance with the UN's Ballast Water Treatment Convention, OceanSaver was among the first suppliers to receive approval from the International Maritime Organization and to achieve type approval from the US Coast Guard in December 2016 after passing rigorous testing. The company provides ballast water treatment systems that filter and disinfect ballast water, significantly reducing the environmental impact of ballast discharge during cargo loading. In addition to its core offerings, OceanSaver also supplies anti-corrosion components to protect ballast-tank coating systems. After filing for bankruptcy in 2017, OceanSaver was acquired by IMS Group, which focuses on technological solutions for the offshore and marine sectors.
Zilift
Venture Round in 2011
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.
GasSecure
Venture Round in 2011
GasSecure is a company that specializes in developing and manufacturing wireless infrared hydrocarbon gas detectors for industrial applications, particularly in the oil and gas sector. Founded in 2008 by Knut Sandven and Hakon Sagberg, the company focuses on MEMS-based low-power gas detection technology and safe wireless communication solutions. GasSecure's products are designed for use in various environments, including offshore platforms, onshore terminals, tank farms, and gas processing and petrochemical plants. In March 2015, the company was acquired by Drager USA, enhancing its capabilities in providing innovative safety solutions in hazardous industrial settings.
Smartfish AS
Venture Round in 2011
Smartfish AS, established in 2001 and headquartered in Oslo, Norway, is a biotech company specializing in the development of omega-3 based emulsions designed to support brain health, heart health, immune system function, and recovery. The company offers a range of clinical nutritional products, including Smartfish NutriFriend 1100 for cancer cachexia patients and NutriFriend 600 for general malnutrition. Additionally, Smartfish provides nutraceutical drinks, dietary supplements, nutritional treatments for cardiovascular disease, sports nutrition products, and juice-based formulations for both pediatric and adult use. Its products are utilized in various settings, including hospitals.