Norselab

Norselab AS is an incubator and venture capital firm based in Oslo, Norway, with additional offices in Palo Alto, California, and Odessa, Ukraine. Established in 2015, the firm focuses on investments in technology startups, particularly in areas such as data-centric solutions, business intelligence, online marketplaces, SaaS, and the Internet of Things. Norselab targets companies in Series A and later stages, making investments ranging from 2.83 million to 5.67 million. The firm emphasizes long-term investment strategies and has developed a robust portfolio of technology ventures, leveraging its internal teams for mobile and web development.

Ivar Kroghrud

Senior Partner and Minister of Culture

Aksel L. Svindal

Senior Partner

Erik Syvertsen

COO and Partner

Yngve Tvedt

Managing Partner

15 past transactions

Beefutures

Seed Round in 2023
Beefutures combines biotechnology and data science and develops beekeeping tools. Our approach is to improve bee health and safety first and further optimise beekeeping operations and economics with digital tools.

Wanda

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

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.

Ardoq

Series C in 2021
Ardoq AS is a company that specializes in developing solutions for documenting complex computer systems. Based in Oslo, Norway, with additional offices in New York, London, and Copenhagen, Ardoq offers a data-driven tool designed for Enterprise Architecture that facilitates digital transformation for organizations. Its software enables users to combine textual documentation with interactive visualizations, allowing for real-time collaboration and the generation of diagrams on the fly. Key features include automatically generated visualizations and model-based documentation, which help users understand the interdependencies between technology and people. Ardoq serves a diverse range of clients, including businesses, developers, project managers, architects, and stakeholders, focusing on helping them plan, execute, and predict the impact of changes across various aspects of their operations. Since its incorporation in 2013, Ardoq has aimed to empower organizations to drive value through successful change.

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.

Nofence

Venture Round in 2020
Nofence AS, founded in 2011 and based in Eidfjord, Norway, specializes in developing and selling innovative wearable devices for livestock, including goats, cattle, and sheep. The company has pioneered a patented virtual fencing solution that allows farmers to manage their herds more efficiently. Through a user-friendly interface on tablets or smartphones, pastures can be defined with just a few clicks, ensuring that livestock are securely contained and monitored. The system also provides notifications for any unusual activities, enhancing livestock management. Nofence's technology not only streamlines the grazing process but also contributes to global food security by facilitating the use of uncultivated land for grazing, thereby increasing the potential for food production on existing cultivated areas.

Documaster

Venture Round in 2019
Documaster AS specializes in records and document management software solutions for private businesses and public organizations in Norway and internationally. Established in 2010 and headquartered in Oslo, the company provides a range of products, including Documaster for document storage and classification, Documaster API for integration with existing tools, a Decommissioning solution to consolidate legacy systems, and a Digitisation service to convert paper archives into digital formats. Originally spun off from NorseLAB in 2014, Documaster has developed a reputation for its information governance and archiving capabilities, serving over 450 government agencies. The company aims to streamline workflows, reduce costs, and enhance access to valuable records, utilizing advanced technologies such as Natural Language Processing, Machine Learning, and Graph Databases. With additional offices in Alesund, Sofia, Stockholm, London, and Trondheim, Documaster continues to expand its market presence and recruit skilled professionals globally.

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.

Farmable

Pre Seed Round in 2018
Farmable AS, founded in 2018 and based in Oslo, Norway, specializes in developing a mobile application for farmers to enhance the efficiency of agricultural operations. The application is designed for field operators, farm managers, and agronomists, allowing them to track, monitor, and record daily activities related to crop management, including spraying, fertilizing, and harvesting. By generating a comprehensive database of farm records, Farmable simplifies reporting to authorities and marketing organizations, ultimately improving overall crop productivity. In addition to its core functionality, the company plans to launch an e-commerce solution, enabling its user community to access additional products and services from the agricultural industry.

Megacool

Seed Round in 2017
Megacool Inc., based in San Francisco, California, provides a web-based platform designed for game developers to enhance player acquisition for mobile games. The company's technology enables users to capture and share gameplay highlights as animated GIFs or screenshots, facilitating the sharing of engaging content through messaging platforms. This tool serves as a mobile SDK that allows players to invite friends by showcasing rich previews of the game experience. As of October 2019, Megacool operates as a subsidiary of Medal B.V.

Legalbase

Seed Round in 2016
Legalbase was a digital platform designed to offer legal services at fixed prices. It provided users with access to experienced German lawyers for services such as custom wills, succession planning, employment law, corporate law, and trademark law. However, the company filed for bankruptcy in February 2017, just a year after going public in the legal tech sector. Following its bankruptcy, Legalbase became a product under LegalZoom, specifically managed by LegalZoom Germany GmbH. The platform aimed to deliver simple, transparent, and secure legal services, allowing clients to obtain defined legal assistance at predetermined costs.

Documaster

Seed Round in 2014
Documaster AS specializes in records and document management software solutions for private businesses and public organizations in Norway and internationally. Established in 2010 and headquartered in Oslo, the company provides a range of products, including Documaster for document storage and classification, Documaster API for integration with existing tools, a Decommissioning solution to consolidate legacy systems, and a Digitisation service to convert paper archives into digital formats. Originally spun off from NorseLAB in 2014, Documaster has developed a reputation for its information governance and archiving capabilities, serving over 450 government agencies. The company aims to streamline workflows, reduce costs, and enhance access to valuable records, utilizing advanced technologies such as Natural Language Processing, Machine Learning, and Graph Databases. With additional offices in Alesund, Sofia, Stockholm, London, and Trondheim, Documaster continues to expand its market presence and recruit skilled professionals globally.

Concilio Labs

Seed Round in 2014
Concilio Labs is a technology company focused on enhancing hotel personalization. Founded in 2012 and headquartered in McLean, Virginia, the company develops the Concilio Insights platform, which enables hoteliers to gain a deeper understanding of their guests. By leveraging real-time big data and smart data, the platform allows hotels to personalize interactions with guests at various touchpoints, including smartphones, tablets, and on-premise experiences. Concilio Labs aims to transform how hotels communicate with their guests before, during, and after their stay, ensuring that the personalized experiences meet the expectations of today's travelers.

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.

Skioo

Seed Round in 2012
Skioo is a developer of a ski-lift ticketing platform designed to streamline the booking of ski adventures. The company provides the Skioo Pass, which grants skiers instant access to a wide network of ski partner resorts in Switzerland and beyond. By synchronizing its platform with the systems of ski resorts and lift operators, Skioo enables users to conveniently purchase ski tickets from a single interface. Additionally, the Skioo App fosters a community among skiing enthusiasts and offers valuable information and features to enhance the skiing experience. Founded in 2019 as part of the Skitude group, Skioo is supported by key technology partners, including Skidata AG and Team Axess AG.