Northzone, established in 1996, is a London-based venture capital firm with additional offices in New York, Oslo, and Stockholm. It focuses on early-stage investments in technology-facing companies, primarily in Europe and the United States. The firm's investment portfolio spans across various sectors, including healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming. Northzone has raised over €1.5 billion in funds and has partnered with founders of prominent companies such as Spotify, Avito, iZettle, Klarna, and Hopin. The firm provides not only capital but also operational support, connecting its portfolio companies with customers, business partners, and key talent on a global scale.
Tana is a software development company founded in 2020 and based in Oslo, Norway. The company has created an online work platform aimed at transforming the way individuals, teams, and computers collaborate. This innovative platform allows users to convert raw notes into actionable tasks, bugs, and follow-ups, streamlining information retrieval. By presenting data in a graphical format, Tana helps clients eliminate the need for traditional files and folders, enabling more efficient access to critical information for decision-making and follow-ups.
Matsmart
Series C in 2021
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
Tana
Seed Round in 2021
Tana is a software development company founded in 2020 and based in Oslo, Norway. The company has created an online work platform aimed at transforming the way individuals, teams, and computers collaborate. This innovative platform allows users to convert raw notes into actionable tasks, bugs, and follow-ups, streamlining information retrieval. By presenting data in a graphical format, Tana helps clients eliminate the need for traditional files and folders, enabling more efficient access to critical information for decision-making and follow-ups.
Matsmart
Venture Round in 2019
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
Matsmart
Venture Round in 2018
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
Matsmart
Venture Round in 2017
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
Matsmart
Venture Round in 2016
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
iZettle
Series D in 2016
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications designed for small businesses and entrepreneurs. Founded in 2010, it revolutionized the industry with the introduction of the first mini chip card reader, enabling businesses to accept card payments through smartphones and tablets. iZettle offers a range of products, including the iZettle Card Reader Lite and an application compatible with iOS and Android devices, which facilitate payment processing, business management, sales analytics, and customer engagement. The company serves a diverse clientele across several countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.
Matsmart
Venture Round in 2015
Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.
iZettle
Series D in 2015
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications designed for small businesses and entrepreneurs. Founded in 2010, it revolutionized the industry with the introduction of the first mini chip card reader, enabling businesses to accept card payments through smartphones and tablets. iZettle offers a range of products, including the iZettle Card Reader Lite and an application compatible with iOS and Android devices, which facilitate payment processing, business management, sales analytics, and customer engagement. The company serves a diverse clientele across several countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.
iZettle
Series C in 2014
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications designed for small businesses and entrepreneurs. Founded in 2010, it revolutionized the industry with the introduction of the first mini chip card reader, enabling businesses to accept card payments through smartphones and tablets. iZettle offers a range of products, including the iZettle Card Reader Lite and an application compatible with iOS and Android devices, which facilitate payment processing, business management, sales analytics, and customer engagement. The company serves a diverse clientele across several countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.
mCASH
Series A in 2014
mCASH is a Norwegian startup company that has developed a unique payment service. It's based on a new infrastructure connecting banks, merchants and consumers for instant smart mobile payments. mCASH increases revenue for banks, enables multi channel sales and data services for merchants while providing an award winning user experience.
Settle Group
Series A in 2014
Settle Group invented mobile payments in the Nordics, was awarded a patent for mobile payments in 2011 in Norway, and launched the first mobile payment service in Norway. After selling a license for its technology, and the client base of the Norwegian service to the leading Norwegian banks, which today run this as the national mobile payment standard adopted by 80% of the population, Settle Group internationalize its technology and formed the Settle network. Similar to the services known as Alipay, PayTM, Venmo, Zelle, etc. Settle enables people and companies to pay, get paid, manage their money, and grow their businesses using a mobile payment app. Settle Group is licensed to provide financial services in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, and Sweden, in accordance with its e-money license #108654 issued by the Norwegian Financial Supervisory Authorities.
iZettle
Series B in 2012
iZettle AB is a financial technology company based in Stockholm, Sweden, that specializes in mobile payment services and applications designed for small businesses and entrepreneurs. Founded in 2010, it revolutionized the industry with the introduction of the first mini chip card reader, enabling businesses to accept card payments through smartphones and tablets. iZettle offers a range of products, including the iZettle Card Reader Lite and an application compatible with iOS and Android devices, which facilitate payment processing, business management, sales analytics, and customer engagement. The company serves a diverse clientele across several countries, including Sweden, Norway, Denmark, Finland, the United Kingdom, Germany, Spain, Mexico, the Netherlands, and Brazil. As of 2018, iZettle operates as a subsidiary of PayPal Holdings, Inc.
Innotech Solar
Venture Round in 2009
Innotech Solar delivers high quality solar modules with the best value for money. In an innovative laser-based process, Innotech Solar maximizes electricity production by optimizing various types of solar cells. ITS strives to make use of 100% of the raw materials for energy generation. Our modules combine environmental friendliness, durability, and an outstanding price-performance-ratio. Innotech Solar was established in 2008 as a spin-off from REC (Renewable Energy Corporation ASA). 5 years later the company has 120 employees and has established an international presence with factories in Germany, Sweden and Hong Kong, sales offices in Munich, Shanghai and California, and headquarter in Narvik, Norway.
Innotech Solar
Series A in 2008
Innotech Solar delivers high quality solar modules with the best value for money. In an innovative laser-based process, Innotech Solar maximizes electricity production by optimizing various types of solar cells. ITS strives to make use of 100% of the raw materials for energy generation. Our modules combine environmental friendliness, durability, and an outstanding price-performance-ratio. Innotech Solar was established in 2008 as a spin-off from REC (Renewable Energy Corporation ASA). 5 years later the company has 120 employees and has established an international presence with factories in Germany, Sweden and Hong Kong, sales offices in Munich, Shanghai and California, and headquarter in Narvik, Norway.
ChapDrive
Venture Round in 2007
ChapDrive is a venture technology company located in Trondheim, Norway. ChapDrive offers a gearless technology for wind turbines based on a patented high efficiency hydraulic drivetrain with high-voltage synchronous generator. ChapDrive’s solution has no mechanical gearbox, no frequency converter, no transformer and no permanent magnets. Benefits are lower top weight, fewer critical components and improved reliability leading to reduced capital expenditure and operating expense and thus reduced cost of energy. ChapDrive has installed, optimized and operated two wind turbines with hydraulic transmission to verify the business potential of the concept. With a strong management team and a staff of 20 competent and dedicated employees ChapDrive is now entering the stage of the commercialization where it is ready to invite partners to finalize development of commercial products and offer the wind industry a unique solution to existing challenges. ChapDrive has its headquarter and workshop in Trondheim, Norway, a test site at Valsnes close to Trondheim, a subsidiary in Silkeborg, Denmark and a representation in Hong Kong, China.
T-VIPS
Series B in 2007
T-VIPS AS is a technology company specializing in video transport solutions for the Internet Protocol (IP) markets. Established in 2004 and headquartered in Oslo, Norway, with a subsidiary in Greenwich, Connecticut, T-VIPS focuses on the transportation of live broadcast signals. The company offers a comprehensive suite of products, including video gateways, processing and multiplexing processors, and monitoring and switching equipment. Additionally, T-VIPS provides management solutions for remote monitoring and control of video transport over IP networks, along with services for contribution, terrestrial networks, mobile TV, and IPTV applications. Their offerings cater to a variety of needs, such as broadcast contribution, studio-to-studio media exchange, and live event coverage, among others. T-VIPS also offers technical support, training, network planning, and integration services to enhance client operations in the professional video industry.
The Qt Company
Series B in 2005
The Qt Company develops and delivers the Qt development framework under commercial and open source licenses. We enable the reuse of software code across all operating systems, platforms and screen types, from desktops and embedded systems to wearables and mobile devices. Qt is used by approximately one million developers worldwide and is the leading independent technology behind millions of devices and applications. Qt is the platform of choice for in-vehicle systems, industrial automation devices, and other business critical application manufacturers, and is used by leading global players in more than 70 industries. The Qt Company is owned by the Qt Group, which operates in China, Finland, Germany, Japan, Korea, Norway, Russia and USA with more than 200 employees worldwide. The Qt Group is headquartered in Espoo, Finland and is listed on Nasdaq Helsinki Stock Exchange. The company’s net sales in year 2015 was 27 MEUR. To learn more visit http://qt.io
T-VIPS
Venture Round in 2005
T-VIPS AS is a technology company specializing in video transport solutions for the Internet Protocol (IP) markets. Established in 2004 and headquartered in Oslo, Norway, with a subsidiary in Greenwich, Connecticut, T-VIPS focuses on the transportation of live broadcast signals. The company offers a comprehensive suite of products, including video gateways, processing and multiplexing processors, and monitoring and switching equipment. Additionally, T-VIPS provides management solutions for remote monitoring and control of video transport over IP networks, along with services for contribution, terrestrial networks, mobile TV, and IPTV applications. Their offerings cater to a variety of needs, such as broadcast contribution, studio-to-studio media exchange, and live event coverage, among others. T-VIPS also offers technical support, training, network planning, and integration services to enhance client operations in the professional video industry.
Funcom
Venture Round in 2004
Funcom is a video game development company based in Oslo, Norway, with additional offices in the United States, China, Switzerland, and Canada. The company specializes in creating and publishing massively multiplayer online games, including popular titles such as Age of Conan, Anarchy Online, and The Secret World. In addition to its online offerings, Funcom also develops offline games like The Park, Hide and Shriek, Dreamfall, and The Longest Journey. By providing a diverse range of gaming experiences across multiple platforms, Funcom aims to engage players with various genres and live gaming experiences.
NextGenTel Holding
Venture Round in 2002
NextGenTel is a telecommunications provider that offers mobile and broadband services to both businesses and consumers in Norway. The company operates a nationwide IP-based broadband network, making it the second largest supplier of broadband services in the country. NextGenTel specializes in delivering internet, VoIP, and IPTV solutions, aiming to enhance the internet infrastructure and wireless access for Norwegian households and corporate clients.
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