Investinor

Investinor is a Norwegian investment company that focuses on high-potential, internationally oriented firms in various stages of growth, from early development to expansion. With approximately BNOK 4.2 under management, Investinor targets sectors such as internet, software, semiconductors, energy, cleantech, marine, and life sciences. Additionally, Investinor manages the Norwegian Forestry Fund, which invests specifically in the forestry sector within Norway. This fund allocates capital to companies seeking investments ranging from NOK 1 million to NOK 100 million. Through its strategic investments, Investinor aims to support the growth of innovative companies in Norway.

Maja Aursand Andersen

Senior Associate

Stig Andersen

Investment Director

Johan Bøe Bjørkevoll

Investment Director

Pal Breiland

Investment Director

Jon Oyvind Eriksen

Investment Director

Jan Morten Ertsaas

Investment Director

Rannveig Fadum

Investment Director

Torjus Bertheussen Falkanger

Associate

Steinar Fossen

Investment Director

Otto Frøseth

Investment Director

Egil Garberg

Investment Manager

Bent Grøver

Investment Manager

Ane Tolnes Haugdal

Associate

Tor Helmersen

CFO

Roar Husby

Investment Director

John-Arne Hørløck

Investment Director

Patrick Kartevoll

Investment Director

Ann-Tove Kongsnes

Investment Director

David Lockert Lie

Investment Associate

Lars Jørgen Loktu

Investment Associate

Pål Kristian Moe

Head of Growth Equity

Patrick Sandahl

Investor

Ola Smeby

Investment Director

Kirill Tkachenko

Associate

Ronny Vikdal

Investment Director

Birgitte Gangmark Villmo

Investor

Øystein Wikan

Senior Associate

Johann Bleivik Wist

Associate

Christian Wolff-Skjelbred

Investment Director

Thomas S. Wrede-Holm

Investor

Bjerke, Jeppe Fredrik Gautier

Senior Associate

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.

Modulize

Seed Round in 2022
The component extraction and generative design engine for prefabrication and modular construction. 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 AS operates an online platform for connecting beacons and other proximity sensors to online marketing platforms. It offers uRETARGET, which enables to retarget customers online to bring them back to the store; uMONETIZE that monetizes data from beacons and other proximity sensors; and uNETWORK that shares anonymous subsets of data to unetwork and get subsets in return. The company was incorporated in 2014 and is based in Oslo, Norway. Unacast AS operates as a subsidiary of Unacast, Inc.

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

Series C in 2021
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.

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.

Farmforce

Venture Round in 2020
Farmforce AS is a Norwegian company founded in 2017, specializing in a digital platform designed for agricultural businesses, including aggregators, exporters, and processors, to enhance their relationships with smallholder farmers. The platform facilitates the digitization of contract farming and outgrower schemes, allowing users to efficiently organize, manage, and monitor a large number of farmers. It offers services that improve productivity and mitigate risks by providing real-time information on yield forecasts and harvests, as well as access to digital records for managing cash and input loans. Additionally, Farmforce's solution promotes visibility and traceability in the food supply chain, supporting sustainable sourcing and improving the quality of life for farmers while also protecting the environment.

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.

VIBBIO

Venture Round in 2019
VIBBIO AS is a Norwegian company that offers a software-as-a-service (SaaS) platform designed for video creation, primarily aimed at marketing and communication teams. Founded in 2016 and based in Jar, Norway, VIBBIO enables users to produce high-quality videos that align with their branding and publishing goals without requiring advanced video production skills. The platform streamlines the video creation process, significantly reducing both costs and time while maintaining brand consistency across various channels. VIBBIO provides tools for packaging text and visuals into engaging videos, along with a 2TB media library for organizing assets. The service includes a volume-booster feature for efficiently creating multiple video versions and a built-in marketplace for additional services like filming, translation, and stock materials. VIBBIO seeks to make smart video production more accessible and automated, catering to a range of applications including marketing, internal communication, and recruitment.

Xeneta

Venture Round in 2019
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.

Skitude

Series A in 2019
Skitude Holding AS provides digital and mobile platforms for the monitoring, gamification, and sharing of skiing, snowboarding, and other outdoor activity experiences. It connects skiers and outdoor enthusiasts with mountain resorts through a range of smartphone apps, access to ski resorts through Skitude Instant Access, and the purchase of ski passes and other ski resort services. The company was founded in 2016 and is headquartered in Oslo, Norway.

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.

Cura8

Seed Round in 2018
Cura8 is a Norwegian health technology company developing non-invasive sensors for measuring the body’s core temperature.

Unacast

Series B in 2018
Unacast AS operates an online platform for connecting beacons and other proximity sensors to online marketing platforms. It offers uRETARGET, which enables to retarget customers online to bring them back to the store; uMONETIZE that monetizes data from beacons and other proximity sensors; and uNETWORK that shares anonymous subsets of data to unetwork and get subsets in return. The company was incorporated in 2014 and is based in Oslo, Norway. Unacast AS operates as a subsidiary of Unacast, Inc.

Hy5Pro AS

Venture Round in 2018
Hy5Pro AS manufactures and develops hydraulic prosthesis. It offers products such as MyHand, with adaptive and sensitive grips; and MySkin, provides appearance and enhances a strong and secure grip. Hy5Pro AS was founded in 2015 and is headquartered in Oslo, Norway.

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.

sensiBel

Venture 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.

Intelecy

Venture Round in 2018
Intelecy is a Norwegian technology company that specializes in providing machine learning solutions for various industries, focusing on the manufacturing and processing sectors. The company offers tools designed to analyze production data, enabling clients to prevent equipment breakdowns, predict failures, and enhance production processes. With over 20 years of experience in automation, SCADA, MES, and industrial IT, Intelecy recognizes that many factories are not fully utilizing the benefits of machine learning, thus aiming to bridge this gap by delivering deep insights into operational performance.

Intelecy

Seed Round in 2017
Intelecy is a Norwegian technology company that specializes in providing machine learning solutions for various industries, focusing on the manufacturing and processing sectors. The company offers tools designed to analyze production data, enabling clients to prevent equipment breakdowns, predict failures, and enhance production processes. With over 20 years of experience in automation, SCADA, MES, and industrial IT, Intelecy recognizes that many factories are not fully utilizing the benefits of machine learning, thus aiming to bridge this gap by delivering deep insights into operational performance.

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.

Dimension10

Seed Round in 2017
Dimension10 AS, founded in 2014 and based in Oslo, Norway, specializes in developing a platform called VirtuaView. This platform facilitates instant virtual prototyping and collaboration within a virtual reality environment. By providing tools for effective communication and teamwork in virtual spaces, Dimension10 aims to enhance the way users interact and innovate.

Phoenix Solutions AS

Venture Round in 2017
Phoenix Solutions AS is a Norwegian biotech company developing a technology platform for targeted drug delivery.

AIA Science

Venture Round in 2017
AIA Science offers data analytics and artificial intelligence solutions for e.g. smart cities, measuring carbon footprint and analyzing the value of assets.

Novelda

Funding Round in 2016
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.

Unacast

Series A in 2016
Unacast AS operates an online platform for connecting beacons and other proximity sensors to online marketing platforms. It offers uRETARGET, which enables to retarget customers online to bring them back to the store; uMONETIZE that monetizes data from beacons and other proximity sensors; and uNETWORK that shares anonymous subsets of data to unetwork and get subsets in return. The company was incorporated in 2014 and is based in Oslo, Norway. Unacast AS operates as a subsidiary of Unacast, Inc.

SpinChip

Venture Round in 2016
SpinChip Diagnostics AS develops point of care systems that use the lab-on-a-chip technology for diagnosis of cardiovascular, endocrine, anemic, diabetic, infectious ad inflammatory diseases. The company was founded in 2012 and is based in Oslo, Norway.

Kebony

Venture Round in 2015
Kebony AS, based in Oslo, Norway, specializes in the manufacturing and supply of modified wood products under the Kebony brand. The company was founded in 1997 and has developed a patented process known as Kebonization, which enhances sustainable softwood to mimic the properties of tropical hardwood without using toxic chemicals. Kebony's product offerings include cladding, decking, roofing, and construction materials, serving a diverse clientele that includes architects, builders, and yacht builders for various applications in residential, commercial, and marine sectors. With production facilities in Skien, Norway, and Flanders, Belgium, Kebony operates a global distribution network, supported by sales representatives across Europe and North America. The company is committed to providing environmentally friendly alternatives to traditional hardwood, contributing to sustainable building practices worldwide.

Fronteer Solutions

Funding Round in 2015
Fronteer Solutions AS is a technology-driven company focused on addressing challenges in the financial services industry. Established in 2010 and headquartered in Oslo, Norway, it develops a range of solutions tailored for institutional investors, alongside self-service tools for individual customers. The company's offerings include savings and investment solutions that adhere to predetermined criteria, utilizing data from the MSCI ACWI global index, which encompasses around 2,500 companies across 46 countries. Fronteer Solutions Invest AS, a subsidiary, operates as a registered alternative investment fund, providing investment products targeted at professional investors.

Bylineme

Seed Round in 2015
Bylineme started out as a platform enabling Influencers in terms of Journalists, Freelancers and other article and Content Producers to sell and resell their fresh material to medias covering different locations of the planet.

Viva Labs

Seed Round in 2015
Viva Labs AS provides smart home solutions for Internet service providers and utilities. Its Viva platform is a GPS-based security solution, which includes smart plugs that use GPS and sensors to automatically adjust lights and heating; intelligent heating; a wireless camera with 2-way audio; sensors that measure activity, temperature, and light to adapt to users’ needs; and solutions to react and tell users when something happens. The company was founded in 2012 and is based in Oslo, Norway.

CFEngine

Series B in 2015
CFEngine AS, founded in 2008 and based in Oslo, Norway, specializes in IT automation for large-scale infrastructure management. The company offers CFEngine Enterprise, a platform that allows organizations to visualize and control their IT environments through customizable dashboards and alerts, while managing configuration, compliance, security, and monitoring. Its solutions enable users to automate processes, ensuring continuous availability and compliance in dynamic and complex environments. CFEngine serves a diverse clientele, including major financial institutions and global companies, facilitating faster resource provisioning and application deployment. With a presence in over 100 countries, CFEngine is recognized for its role in transforming IT infrastructure and application management in the cloud era.

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.

Kebony

Venture Round in 2014
Kebony AS, based in Oslo, Norway, specializes in the manufacturing and supply of modified wood products under the Kebony brand. The company was founded in 1997 and has developed a patented process known as Kebonization, which enhances sustainable softwood to mimic the properties of tropical hardwood without using toxic chemicals. Kebony's product offerings include cladding, decking, roofing, and construction materials, serving a diverse clientele that includes architects, builders, and yacht builders for various applications in residential, commercial, and marine sectors. With production facilities in Skien, Norway, and Flanders, Belgium, Kebony operates a global distribution network, supported by sales representatives across Europe and North America. The company is committed to providing environmentally friendly alternatives to traditional hardwood, contributing to sustainable building practices worldwide.

Northern.tech

Seed Round in 2014
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.

Boostcom

Series C in 2014
Boostcom AS is a prominent proptech company specializing in software solutions for the shopping center industry. Founded in 2000 and headquartered in Oslo, Norway, the company serves over 100 shopping centers worldwide through its innovative platform, The Mall Performance Cloud. This platform integrates various digital touchpoints within shopping malls, offering services such as data management, audience management, marketing automation, advanced analytics, and mobile applications. Boostcom's technology assists shopping centers in enhancing customer engagement and increasing sales, particularly through loyalty schemes and integrated advertising solutions. With offices across Europe, the USA, Dubai, and Hong Kong, Boostcom is backed by venture and private equity funds, allowing for continuous expansion and product development. The company is committed to delivering measurable results to its clients, ensuring that its solutions align with their goals of improving sales and customer experiences.

Soundrop

Series B in 2013
Soundrop is a social music application that enables users to listen, vote, and interact about songs with their friends. It allows Spotify users to create listening rooms with their existing Spotify playlists. They can also share these listening rooms with their friends, and let their friends help curate the rooms by adding songs or voting up tracks. Everyone can chat about the music as they listen. Additionally, Soundrop has many public rooms dedicated to various music genres such Dubstep, Indie Rock, and Hip hop. Users can chat, add new tracks and vote up tracks they want to listen to next. Soundrop was founded by Inge Andrè Sandvik, Johann Prieur, Ali Sabil, and Ole Andrè Vadla Ravnås in 2011. It launched as a social jukebox app inside Spotify’s App Finder in November 2011.

Numascale

Series B in 2012
Numascale AS develops computer system interconnect technology that allows computer system vendors to build big data analytics appliances for enterprise servers. It offers NumaQ, a terascale in-memory analytics appliance for running data analytics workload in-memory; NumaQ R Appliance, a statistical programming language and environment that provides R with the memory it needs for massive data set computations; MonetDB, a column-store database integrated with R for a database centric analytics platform; and in-memory analytics appliance for running data analytics workload in-memory. The company was founded in 2008 and is based in Oslo, Norway. Numascale AS operates as a subsidiary of Dolphin Group ASA.

Boostcom

Series A in 2012
Boostcom AS is a prominent proptech company specializing in software solutions for the shopping center industry. Founded in 2000 and headquartered in Oslo, Norway, the company serves over 100 shopping centers worldwide through its innovative platform, The Mall Performance Cloud. This platform integrates various digital touchpoints within shopping malls, offering services such as data management, audience management, marketing automation, advanced analytics, and mobile applications. Boostcom's technology assists shopping centers in enhancing customer engagement and increasing sales, particularly through loyalty schemes and integrated advertising solutions. With offices across Europe, the USA, Dubai, and Hong Kong, Boostcom is backed by venture and private equity funds, allowing for continuous expansion and product development. The company is committed to delivering measurable results to its clients, ensuring that its solutions align with their goals of improving sales and customer experiences.

BookNorway

Venture Round in 2011
BookNorway is an Industry-oriented IT project (BIT) for the tourism industry. On this site you can read about the project, current news and their services, and download relevant subject material.

GasSecure

Venture Round in 2011
GasSecure AS, founded in 2008 and based in Oslo, Norway, specializes in developing and marketing wireless infrared hydrocarbon gas detectors tailored for industrial applications, particularly in the oil and gas sector. The company offers a range of products utilizing MEMS technology, including low-power gas detectors capable of wireless communication from enclosed structures to the outside environment. This allows for the measurement of flammable gases even when the wireless infrastructure is located externally. GasSecure also provides turnkey wireless gas detection systems that require only a mains power supply for operation. The company serves a global customer base through a network of distribution partners. In March 2015, GasSecure became a subsidiary of Dräger Holding International GmbH, enhancing its capabilities in wireless explosion protection and gas detection technologies.

Smartfish AS

Venture Round in 2011
Smartfish AS is a Norwegian biotech company founded in 2001 and based in Oslo. It specializes in developing omega-3 based emulsions aimed at enhancing brain health, heart health, immune function, and recovery. The company offers a range of clinical nutritional products, including Smartfish NutriFriend 1100, designed for cancer cachexia patients, and NutriFriend 600 for those experiencing general malnutrition. Additionally, Smartfish provides nutraceutical drinks, dietary supplements, nutritional treatments for cardiovascular disease, and sports nutrition products, along with juice-based formulations for both pediatric and adult patients. Its products are also utilized in hospitals, reflecting the company's commitment to addressing diverse nutritional needs.

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.

ConCordix

Venture Round in 2010
ConCordix is a product of Vitux AS. Vitux is a third-party manufacturer providing private label products for the nutraceutical and dietary supplement industry.

Energy Micro

Venture Round in 2010
Energy Micro is a global provider of energy friendly microcontrollers and RF transceivers based on the ARM Cortex processor cores. Consuming a quarter of the energy of competing products, the company's ultra low power EFM32 Gecko MCUs and EFR4 Draco radios target energy sensitive applications, including smart metering, building automation, security systems and portable heath and fitness equipment. The products are supported by Energy Micro's Simplicity Studio, an easy-to-use software console helping to reduce embedded system development times. Energy Micro's mission is to develop, market and sell the world's most energy friendly microcontrollers and radios, based on modern and powerful microprocessor architectures. The company is founded by experienced semiconductor professionals with previous experience from successful semiconductor companies.

SantoSolve

Series C in 2010
SantoSolve AS is a biotechnology company based in Oslo, Norway, focused on developing topical analgesic products for pain management. Founded in 1994, the company has created 2PX, a pharmaceutical formulation designed for topical administration, which has demonstrated effectiveness in treating both nociceptive and neuropathic pain. The development of 2PX is grounded in the use of non-radioactive strontium as the active ingredient, which has shown strong local analgesic effects in various pain conditions and has not been associated with significant adverse effects. Phase I safety and pharmacology studies indicated low systemic bioavailability and only minor side effects at the application site. The product has successfully completed open label Phase II clinical trials, proving its strong analgesic effect, particularly in patients with osteoarthritis. These results have been further corroborated by placebo-controlled trials, which confirmed that 2PX provides a statistically superior analgesic effect compared to placebo treatments.

Numascale

Series A in 2009
Numascale AS develops computer system interconnect technology that allows computer system vendors to build big data analytics appliances for enterprise servers. It offers NumaQ, a terascale in-memory analytics appliance for running data analytics workload in-memory; NumaQ R Appliance, a statistical programming language and environment that provides R with the memory it needs for massive data set computations; MonetDB, a column-store database integrated with R for a database centric analytics platform; and in-memory analytics appliance for running data analytics workload in-memory. The company was founded in 2008 and is based in Oslo, Norway. Numascale AS operates as a subsidiary of Dolphin Group ASA.