Norselab

NorseLab AS is an incubator and venture capital firm specializing in investments in startups, incubation and growth companies. The firm primarily invests in technology sector with a focus on data centric, business intelligence, online marketplaces, SaaS and internet of things. It seeks to invests in companies in Series A and beyond with investments ranging from 2.83 million to 5.67 million. It prefers to invest in long-run. NorseLab AS was founded in 2015 and is headquartered in Oslo, Norway with additional offices in Palo Alto, California and Odessa, Ukraine.
IK

Ivar Kroghrud

Senior Partner and Minister of Culture

AL

Aksel L. Svindal

Senior Partner

ES

Erik Syvertsen

COO and Partner

Yngve Tvedt

Founder, Senior Partner and CEO

15 past transactions

Nofence AS

Venture Round in 2020
Nofence Grazing technology - The future of fencing - Virtual fencing of livestock has been a concept long discussed in academia. The Norwegian agtech startup Nofence has since 2011 developed and patented a solution for virtual fencing that has proven to work. The customers say that this will become a real gamechanger for livestock management since pastures can easily be defined by a few clicks on a tablet/smartphone. The herd is then safely fenced in and can be monitored. The system will send notifications if something happens. For the global food security perspective, this solution will make it much easier to utilize the uncultivated land for varied and healthy pasture, and make it possible to produce more food on cultivated land.

Sapphire Innovation

Seed Round in 2014
Sapphire is a predictive financial performance application for financial professionals. Our advanced predictive analytics software continuously interrogates all relevant operational ERP data and processes across the entire business cycle. Results are presented with the possibility to simulate and predict the impact of ongoing actions on the cash flow and the working capital, with the aim to reduce the cash in circulation and improve the profitability. Sapphire is open to and integrates with all established platforms. Clients, such as international airlines or large utilities, are reference to Sapphire’s ability to deal with very high data volume and complexity. It has a strong sales pipeline and an excellent development team around the CTO. Sapphire is privately owned, VC-financed and based in Zug, Switzerland, with a global operational reach.

Wanda.space

Seed Round in 2022
Wanda.space is a technology and logistics start-up delivering space as a service.

Documaster

Venture Round in 2019
Documaster AS designs and develops records and document management software solutions for private businesses and public organizations in Norway and internationally. The company offers document management for contracts, human resource (HR) files, technical documents, deliverables, case files, and business plans. Its products include Documaster, which is a software solution for storing, classifying, and finding documents and data; Documaster API, which is a software solution that integrates Documaster with existing tools for document management capabilities; Decommissioning, which is a software solution that consolidates legacy business systems; and Digitisation, which is a software solution that brings ageing paper-based archives online. Documaster AS was founded in 2010 and is headquartered in Oslo, Norway. It has corporate offices in Alesund, Norway; Sofia, Bulgaria; Stockholm, Sweden; London, United Kingdom; and Trondheim, Norway.

imove

Series A in 2021
Nordic mobility company that offers mobility services and car subscription SaaS. Customers subscribe to an electrical vehicle for everyday use, without any commitment, swap when they want, and get access to a weekend car when the electrical vehicle does not meet their needs. imove also offers a technical platform that enables third parties to offer their own car subscription service. Among other a top 5 global car manufactures uses the platform.

Megacool

Seed Round in 2017
Megacool Inc. offers web based graphics interchange format tools for game developers to acquire more players to their mobile games. Megacool Inc. is based in San Francisco, California. As of October 8, 2019, Megacool Inc. operates as a subsidiary of Medal B.V..

Ardoq AS

Series C in 2021
Ardoq AS develops solutions to help document complex computer systems. Its solution enables users to combine textual documentation with interactive visualizations. The company’s Ardoq solution’s features include automatically generated visualizations; real-time collaboration; generation of diagrams and visualizations on the fly; and model based documentation and workspaces. The company servers businesses, developers, project managers, architects, and management and stake holders. Ardoq AS was incorporated in 2013 and is based in Oslo, Norway with additional offices in New York, New York; London, United Kingdom; Copenhagen, Denmark.

Waste IQ

Venture Round in 2021
Waste IQ is developed as a SaaS platform enabling behavioral incentives, green business models, and logistical collaboration across circular value chains.

Documaster

Seed Round in 2014
Documaster AS designs and develops records and document management software solutions for private businesses and public organizations in Norway and internationally. The company offers document management for contracts, human resource (HR) files, technical documents, deliverables, case files, and business plans. Its products include Documaster, which is a software solution for storing, classifying, and finding documents and data; Documaster API, which is a software solution that integrates Documaster with existing tools for document management capabilities; Decommissioning, which is a software solution that consolidates legacy business systems; and Digitisation, which is a software solution that brings ageing paper-based archives online. Documaster AS was founded in 2010 and is headquartered in Oslo, Norway. It has corporate offices in Alesund, Norway; Sofia, Bulgaria; Stockholm, Sweden; London, United Kingdom; and Trondheim, Norway.

Farmable

Pre Seed Round in 2018
Farmable AS develops an application for farmers. The company offers Farmable, an application for field operators and farm managers to efficiently track, monitor, and record operations through mobile phones while generating a database of farm records to simplify reporting to authorities and marketing organizations. It enables orchard and vineyard managers to efficiently track, monitor and record operations through a mobile app. The company was founded in 2018 and is based in Oslo, Norway.

Legalbase

Seed Round in 2016
Legalbase filed for bankruptcy in February 2017, just one year after operating publicly in legal tech. It is no longer a company, but a product of its former major investor LegalZoom, which runs it under the entity LegalZoom Germany GmbH. Legal Base makes the services of experienced German lawyers at a fixed price available . Simple, transparent and secure. You get exactly defined services to previously fixed costs . With Legal Base gain easy security .

Skioo S.A.

Seed Round in 2012
Skioo is the mobile and web solution, skiers have instant access to a large network of partner resorts in Switzerland and Norway. Skiers can also go straight to the slopes without having to queue at the lift ticket office or buy their ticket in advance. Launched in 2012 by Gregory Barbezat in Lausanne, Switzerland, Skioo has already partnered with many ski resorts in the country. After a rapidly growing roster of users and partners in Switzerland, Skioo expanded to Norway in 2016.

Skitude Holding AS

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.

Concilio Labs, Inc.

Seed Round in 2014
Concilio Labs, Inc. designs and develops The Concilio Insights platform, which provides hotels a way to understand who their guests are. Its platform combines real time big data and smart data for hoteliers to understand who each guest is and how to communicate to them individually and collectively, online, and on-premise. The company was founded in 2012 and is headquartered in McLean, Virginia.