Viking Venture is a private equity firm based in Trondheim, Norway, established in 2001. The firm specializes in investing in fast-growing scale-up companies in the Nordics, with a particular focus on business-to-business software enterprises that possess international growth potential. Viking Venture manages over 2.5 billion and aims to support companies that are poised for significant expansion. The firm's expertise lies in identifying and nurturing businesses that can thrive in the competitive European market.
HR-friend is building a best of breed group within HR software which will offer customers solutions for talent acquisition, onboarding and talent management
Attensi AS, founded in 2009 and based in Oslo, Norway, specializes in developing gamified 3D simulations and workforce training software tailored for various industries, including retail, automotive, transport, and healthcare. The company's innovative training solutions utilize a simulation engine that allows employees to virtually practice procedures and engage with customers in realistic environments. This approach not only enhances employee skill development but also drives measurable improvements in organizational performance. In addition to the simulation software, Attensi offers a performance portal that tracks employee progress, providing valuable insights into training effectiveness. By combining elements of gamification with principles of workplace psychology, Attensi aims to foster genuine behavioral change and maximize the potential of teams within large organizations.
Encode is a global technology service provider specializing in marketing work management solutions. The company offers a diverse range of services, including digital asset management, product information management, and creative automation, aimed at simplifying and enhancing digitization across supply chains, retail, and marketing sectors. As a leader in efficiency and automation, Encode enables retailers, agencies, manufacturers, and brand owners to streamline their marketing production processes, ultimately improving productivity and reducing costs. The company’s software provides comprehensive end-to-end functionality that accelerates content planning, creation, approval, and management. With a focus on optimizing time to market, Encode employs a team of specialists from various fields to deliver a holistic suite of professional services through a cloud-based platform. Their solutions encompass multi-channel marketing management, creative project management, product content management, and brand management, catering to diverse industries such as retail and financial services.
TimeLog A/S develops and delivers SaaS solutions for time tracking, resource management, and automated invoicing. The company offers time tracking, project management, invoicing, reporting, customer management, resource management, and automated project invoicing services. It serves consultancies, IT companies, consultant engineers, auditors and bookkeepers, public organizations, global organizations, and PR and marketing agencies. The company was founded in 2001 and is based in Copenhagen, Denmark. It has additional offices in Denmark, Sweden, and Malaysia.
TimeLog A/S develops and delivers SaaS solutions for time tracking, resource management, and automated invoicing. The company offers time tracking, project management, invoicing, reporting, customer management, resource management, and automated project invoicing services. It serves consultancies, IT companies, consultant engineers, auditors and bookkeepers, public organizations, global organizations, and PR and marketing agencies. The company was founded in 2001 and is based in Copenhagen, Denmark. It has additional offices in Denmark, Sweden, and Malaysia.
Flowbox AB is a SaaS company that provides a visual marketing platform designed to help brands utilize User Generated Content (UGC) from social media to enhance customer engagement and drive sales throughout the buyer journey. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Amsterdam, Zurich, and Antwerp, Flowbox enables clients to collect, moderate, and publish content across their websites, online shops, and social media channels. The platform supports a range of content types, including owned, paid, earned, and user-generated content, to foster more effective marketing and e-commerce strategies. Flowbox serves a diverse portfolio of major European brands in sectors such as tourism, lifestyle, fashion, retail, and interior design, positioning itself as one of Europe’s fastest-growing marketing technology firms with a dedicated team of over 50 employees.
Tamigo – your global Workforce Management Solution in the Cloud. Since 2006, Tamigo has been a vital business partner for small to medium-sized companies as well as international enterprises – mainly within retail and hospitality. Together with our customers, we revolutionize Workforce Management through smart processes, new insights and unique alignment on improving future performance. Get ahead by optimizing operations and staff management, increase sales, reduce labor costs, automate workflows and empower your employees through effective communication. At Tamigo, we make workforce management smarter. With headquarters in the heart of Copenhagen and franchisees in many parts of Europe, we work to make life easier for tens of thousands of people every day.
Asolvi is the provider of service management software for small and medium-sized enterprises (SMEs) in the field service industry. With nearly 100 years of combined experience developing solutions for a broad array of field service sectors, Asolvi is the supplier of choice for companies seeking greater flexibility, scalability and profitability. Their three powerful products — Evatic, Tesseract and WinServ — are used in 30 countries by 800 customers, managing thousands of engineers, millions of contracts, and tens of millions of service tasks. Their mission is to continue creating, developing and honing new functionality and solutions for the largely under-served SME market, through collaboration and close relations with their customers. By understanding the issues, needs and preferences of SMEs, they’re in a prime position to deliver the robust and intelligent solutions that their increasingly service-oriented economy demands.
MyProduction provides control systems for manufacturing companies in the SMB market. The software supports the production process from purchasing to delivery and is a critical business system for its customers. To further strengthen the company, both more acquisitions and investments in new and improved technology are planned.
Aksess Innkjøp provides a cloud based solution for the public sector and their vendors, digitizing the procurement process from announcement to purchase.
Attensi AS, founded in 2009 and based in Oslo, Norway, specializes in developing gamified 3D simulations and workforce training software tailored for various industries, including retail, automotive, transport, and healthcare. The company's innovative training solutions utilize a simulation engine that allows employees to virtually practice procedures and engage with customers in realistic environments. This approach not only enhances employee skill development but also drives measurable improvements in organizational performance. In addition to the simulation software, Attensi offers a performance portal that tracks employee progress, providing valuable insights into training effectiveness. By combining elements of gamification with principles of workplace psychology, Attensi aims to foster genuine behavioral change and maximize the potential of teams within large organizations.
Keystone Academic Solutions is at the forefront of higher education marketing, recruitment, and student enrollment. They have been a reliable solutions specialist to their partner institutions since 2002. Now, after more than a decade Keystone remains your premier resource for student recruitment and marketing management needs. They work directly with your admissions officers to identify the best students for your school and they help you engage with only the most qualified applicants. Keystone is based in Oslo, Norway and their global team of higher education advisors work with over 3600 higher education institutions and agencies in more than 100 countries. Their mission is to match you with the right students so that you can reach your international marketing and enrollment goals. Keystone handles everything, letting you concentrate on making meaningful engagements with prospective students. Their multilingual approach offers you the widest visibility and their geo-optimized websites offer the highest conversion rates in the industry. Students trust Keystone because their partner schools and programs appear organically in their search results, and schools rely on Keystone because their team of international specialists is always working to strengthen and develop the innovations that provide the ideal marketing and enrollment solutions. At Keystone Academic Solutions, their passion for international higher education forms the core of their commitment to finding the right solutions to your needs, and they are excited to be alongside your school as a trusted partner in the ever evolving sector of global higher education.
Asolvi is the provider of service management software for small and medium-sized enterprises (SMEs) in the field service industry. With nearly 100 years of combined experience developing solutions for a broad array of field service sectors, Asolvi is the supplier of choice for companies seeking greater flexibility, scalability and profitability. Their three powerful products — Evatic, Tesseract and WinServ — are used in 30 countries by 800 customers, managing thousands of engineers, millions of contracts, and tens of millions of service tasks. Their mission is to continue creating, developing and honing new functionality and solutions for the largely under-served SME market, through collaboration and close relations with their customers. By understanding the issues, needs and preferences of SMEs, they’re in a prime position to deliver the robust and intelligent solutions that their increasingly service-oriented economy demands.
Attensi AS, founded in 2009 and based in Oslo, Norway, specializes in developing gamified 3D simulations and workforce training software tailored for various industries, including retail, automotive, transport, and healthcare. The company's innovative training solutions utilize a simulation engine that allows employees to virtually practice procedures and engage with customers in realistic environments. This approach not only enhances employee skill development but also drives measurable improvements in organizational performance. In addition to the simulation software, Attensi offers a performance portal that tracks employee progress, providing valuable insights into training effectiveness. By combining elements of gamification with principles of workplace psychology, Attensi aims to foster genuine behavioral change and maximize the potential of teams within large organizations.
Ørn Software develops Software-as-a-Service (SaaS) solutions tailored for efficient operations and maintenance across various industries, including real estate, manufacturing, food and beverages, and aquaculture. The company's offerings provide a comprehensive overview of essential business processes, facilitating improved collaboration and operational efficiency. Ørn Software's solutions aim to help businesses save time, reduce environmental impact, and lower costs, while addressing specific needs in real estate management, industrial maintenance and quality control, as well as energy and sustainability management.
MorphPackers Limited manufactures re-frac packers and production packers for the global oil and gas sector. The company's products include STORM re-frac packer, that re-stimulates existing wells while maintaining maximum ID and enhancing field recovery, and CENTURION, that represents a complete rethink of production packer technology offering strength and sealing capabilities. MorphPackers Limited was incorporated in 2014 and is based in Aberdeen, United Kingdom.
Xait is a global Software Technology Company providing enterprise customers with software for document co-authoring, automation and collaboration. Our cloud-based software XaitPorter is a complete all-in-one co-authoring solution for teams to collaboratively create, manage and produce documents. Streamline and optimize your document production to maximize your revenue from bids and proposals and other business-critical documents.
poLight ASA, headquartered in Horten, Norway, specializes in developing advanced photographic lenses for consumer devices and industrial applications. The company focuses on micro-optics autofocus components, particularly for mobile phone cameras, wearables such as smart glasses and watches, and various industrial uses including medical and retail sectors. Its flagship product, the Tunable Optical Lens (TLens), mimics the human eye and allows for efficient autofocus capabilities. The technology is based on proprietary methods that utilize deformable polymers, offering compact size, low production costs, and high optical quality. In addition to TLens, poLight provides ASIC drivers that manage voltage supply to these lenses, enabling precise focus adjustments. The company operates across Europe, Asia, and the United States and was founded in 2005.
Signicat is a digital identity service provider based in Europe, specializing in electronic identity and signature solutions. The company offers cloud-based services that facilitate user identification and electronic signing for both public and private sector clients. Signicat's solutions are designed to meet international standards and regulatory requirements, including privacy, anti-money laundering, and know your customer regulations. By providing advanced security technologies, Signicat helps organizations enhance their operational efficiency and deliver improved user experiences while mitigating risks associated with identity verification. Its clientele includes banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. Founded in 2006 as Kantega Secure Identity, the company has grown to establish a presence in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway. Signicat is committed to providing reliable services with banking-grade service level agreements to ensure scalability and trust.
Skooler is a learning platform based in Moss, Norway, that provides pedagogical and smart learning tools integrated within Office 365. Founded in 2016, the company caters to learners, teachers, and parents by offering a suite of tools designed to streamline educational processes. Skooler's platform enables the creation of assignments that can include various multimedia elements, cloud storage for student work, and visibility for teachers and guardians. Additionally, it facilitates the development of timetables, topic plans, and lesson plans aligned with school curricula. The platform also features communication tools that connect teachers, students, and parents, thereby enhancing the overall educational experience. Skooler operates as a subsidiary of Avantador AS, focusing on leveraging technology to improve teaching efficiency and reduce administrative burdens.
Din ERP AS provides cross company collaboration enterprise portals for businesses in Norway and internationally. It offers an enterprise mobility platform for various mobility needs, including IFS and other applications; business to business solutions for IFS applications; and enterprise portals for time registration, travel expense, purchase, document management, and other applications. The company was incorporated in 2015 and is based in Trondheim, Norway.
poLight ASA, headquartered in Horten, Norway, specializes in developing advanced photographic lenses for consumer devices and industrial applications. The company focuses on micro-optics autofocus components, particularly for mobile phone cameras, wearables such as smart glasses and watches, and various industrial uses including medical and retail sectors. Its flagship product, the Tunable Optical Lens (TLens), mimics the human eye and allows for efficient autofocus capabilities. The technology is based on proprietary methods that utilize deformable polymers, offering compact size, low production costs, and high optical quality. In addition to TLens, poLight provides ASIC drivers that manage voltage supply to these lenses, enabling precise focus adjustments. The company operates across Europe, Asia, and the United States and was founded in 2005.
Signicat is a digital identity service provider based in Europe, specializing in electronic identity and signature solutions. The company offers cloud-based services that facilitate user identification and electronic signing for both public and private sector clients. Signicat's solutions are designed to meet international standards and regulatory requirements, including privacy, anti-money laundering, and know your customer regulations. By providing advanced security technologies, Signicat helps organizations enhance their operational efficiency and deliver improved user experiences while mitigating risks associated with identity verification. Its clientele includes banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. Founded in 2006 as Kantega Secure Identity, the company has grown to establish a presence in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway. Signicat is committed to providing reliable services with banking-grade service level agreements to ensure scalability and trust.
4Subsea is a leading provider of technology and services that help operators maintain production from subsea oil and gas fields and offshore wind farms. By combining expert engineering competence, practical experience and a digital service, we ensure the integrity of subsea assets all the way from reservoir to deck.
The company was founded in 2007 and our clients include all the major oil and gas operators as well as the large suppliers of subsea equipment. 4Subsea delivers solutions on a unique digital platform, aiming to be in the forefront of digitising oil, gas and offshore wind operations worldwide.
Petrostreamz AS is a software company specializing in the development of advanced modeling solutions for the oil and gas industry. Originating from technology established at Petroleum Engineering Reservoir Analysts, the company focuses on creating tools that enable the integration and optimization of petroleum assets. Its flagship product, Pipe-It, launched in 2011, offers users the ability to construct complex Integrated Asset Models (IAM) graphically and computationally. Petrostreamz serves a diverse clientele, including universities, smaller consultancy firms, and research organizations across the globe. In addition to its software offerings, the company provides customized modules, consulting services, IAM training, and optimization solutions. Founded in 2005 and headquartered in Trondheim, Norway, Petrostreamz has expanded its presence with offices in the United States, Brazil, Indonesia, Saudi Arabia, and France. As of 2018, it operates as a subsidiary of Tieto Oyj.
ZiLift Limited, an oil and gas technology company, develops magnet technologies to put downhole pumps. The company provides TorqueDrive, a down-hole drive for progressing cavity pumps using permanent magnet motor and gear technologies; and SpeedDrive technology, a centrifugal pump designed for deploying on cable through the production tubing. The company was incorporated in 2009 and is based in Aberdeen, United Kingdom with a location in Bakersfield, California.
poLight ASA, headquartered in Horten, Norway, specializes in developing advanced photographic lenses for consumer devices and industrial applications. The company focuses on micro-optics autofocus components, particularly for mobile phone cameras, wearables such as smart glasses and watches, and various industrial uses including medical and retail sectors. Its flagship product, the Tunable Optical Lens (TLens), mimics the human eye and allows for efficient autofocus capabilities. The technology is based on proprietary methods that utilize deformable polymers, offering compact size, low production costs, and high optical quality. In addition to TLens, poLight provides ASIC drivers that manage voltage supply to these lenses, enabling precise focus adjustments. The company operates across Europe, Asia, and the United States and was founded in 2005.
Vivacta Limited is a medical diagnostics company based in Sittingbourne, UK, specializing in point-of-care testing solutions. The company has created an innovative piezofilm technology platform that enhances the development of near-patient diagnostic products, achieving sensitivity and dynamic range comparable to laboratory tests. Vivacta has successfully developed a diagnostic test for thyroid stimulating hormone (TSH) and is currently focused on creating a multiple analyte cardiovascular diagnostic test. This test aims to facilitate rapid diagnosis in emergency and acute care settings, addressing the urgent need for timely detection of potential heart attacks and related medical conditions.
MemfoACT has proprietary technology for upgrading of biogas and separation of other gases. MemfoACT AS was founded in August 2008, as a joint venture between NTNU Technology Transfer (TTO) and the entrepreneurs professor May-Britt Hägg, PhD Jon Arvid Lie and PhD Arne Lindbråthen. The company core business is gas purification, with focus on biogas upgading to fuel quality using a novel carbon molecular sieve membrane. This membrane is capable of performing the separation to spec with acceptable recovery in a single stage setup. This gives this membrane a significant advantage in this process compared with competing polymer membranes.
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
ExproSoft is a software & consultancy company increasing well uptime for oil & gas operators. They deliver solutions that allow the operators to understand the failures and risk of well equipment, and use this knowledge to reduce intervention cost and increase production throughout the wells’ life cycle.
It's learning began life as a computer engineering project at Bergen University College in 1998. A group of students was puzzled by the fact that digital tools and the internet were rarely used in teaching, so for their final-year project, they created a computer program that would help connect teachers and students.
Asolvi is the provider of service management software for small and medium-sized enterprises (SMEs) in the field service industry. With nearly 100 years of combined experience developing solutions for a broad array of field service sectors, Asolvi is the supplier of choice for companies seeking greater flexibility, scalability and profitability. Their three powerful products — Evatic, Tesseract and WinServ — are used in 30 countries by 800 customers, managing thousands of engineers, millions of contracts, and tens of millions of service tasks. Their mission is to continue creating, developing and honing new functionality and solutions for the largely under-served SME market, through collaboration and close relations with their customers. By understanding the issues, needs and preferences of SMEs, they’re in a prime position to deliver the robust and intelligent solutions that their increasingly service-oriented economy demands.
Nanoradio AB, a fabless semiconductor company, provides wireless solutions for cellular handset and consumer electronics markets. It offers multimedia products, single chip system in package, wireless LAN products, mobile phone products, and chipsets. The company also provides software, including diagnostic tools and software development kits to design embedded applications. Nanoradio’s products are used in voice over IP in wireless phones, headsets, portable audio and stereo devices, handheld computing devices, PDAs, handheld digital video and still cameras, and mobile gaming platforms; and convergence mobile phones and consumer electronics. The company was founded in 2004 and is based in Kista, Sweden with sales offices in Korea, Japan, and the United States. Nanoradio AB operates as a subsidiary of Wireless Experience AB.
poLight ASA, headquartered in Horten, Norway, specializes in developing advanced photographic lenses for consumer devices and industrial applications. The company focuses on micro-optics autofocus components, particularly for mobile phone cameras, wearables such as smart glasses and watches, and various industrial uses including medical and retail sectors. Its flagship product, the Tunable Optical Lens (TLens), mimics the human eye and allows for efficient autofocus capabilities. The technology is based on proprietary methods that utilize deformable polymers, offering compact size, low production costs, and high optical quality. In addition to TLens, poLight provides ASIC drivers that manage voltage supply to these lenses, enabling precise focus adjustments. The company operates across Europe, Asia, and the United States and was founded in 2005.
ReVolt Technology is a technology company, which is developing a rechargeable zinc-air battery. ReVolt's batteries may enable more high-power consumer devices, electric vehicles and renewable energy storage. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.
Signicat is a digital identity service provider based in Europe, specializing in electronic identity and signature solutions. The company offers cloud-based services that facilitate user identification and electronic signing for both public and private sector clients. Signicat's solutions are designed to meet international standards and regulatory requirements, including privacy, anti-money laundering, and know your customer regulations. By providing advanced security technologies, Signicat helps organizations enhance their operational efficiency and deliver improved user experiences while mitigating risks associated with identity verification. Its clientele includes banks, financial institutions, insurance companies, government agencies, and businesses of all sizes. Founded in 2006 as Kantega Secure Identity, the company has grown to establish a presence in multiple countries, including the UK, Germany, the Netherlands, Portugal, Denmark, Sweden, Finland, and Norway. Signicat is committed to providing reliable services with banking-grade service level agreements to ensure scalability and trust.
Enhanced Drilling is provides drilling solutions. It offers EC-Drill managed pressure drilling system; Riserless Mud Recovery system, a risk-reduction tool; managed pressure cementing system that provides precise control of the pressure and flow of returning cement; cuttings transportation system that is used in the offshore market; CannSeal, a proprietary annular isolation technology for enhanced oil recovery for zonal isolation and well integrity applications, as well as to support to plug and abandonment, and P&A activities.
RoomSketcher Home Designer is an easy-to-use floor plan and home design tool. Draw floor plans, furnish and decorate them and visualize your home in 3D.
Founded in January 2007, RoomSketcher is a leading online home and interior visualization online software company.
RoomSketcher is located in Oslo, Norway and currently has 9 employees. The company is owned by Viking Venture II, Torrey Pines, Management and employees, and has received 5.1m in funding to date. The CEO was the co-founder of eHelp which was sold to Macromedia (now Adobe) for $65m in 2003.
Iqua Ltd. develops exclusively designed headsets and handsfree devices for consumers in more than 25 countries around the world. Combining state-of-the-art technology with modern, cutting-edge Finnish design, Iqua enhances personal and professional communication with its innovative wireless mobile accessories.
Navita is a leading player in Europe in the market for systems for power, gas, and other energy and commodity trading, and has more than 100 system installations in the Nordics, Europe, North America and Asia. NAVITA has headquarters in Halden (Norway), and has grown into a global development with offices in Los Angeles (US), Houston (US), Toronto (Canada), London (UK), Edinburgh (UK), Oslo (Norway) and Frankfurt (Germany).
MaXware
Series A in 2005
MaXware AS, an independent software vendor, provides identity management products and services that support the life cycle of digital identities. Its solutions include access and password management, identity administration, provisioning, and directory services and federation, as well as auditing, reporting, logging, and monitoring of systems. The company's products include Identity Center that optimizes the lifecycle management of users and resources; Data Synchronization Engine, a solution for handling, synchronizing, converting, and joining data to and from data repository; ExpresSync, a one-to-one data synchronization tool that enables enterprises to manage identity integration; Virtual Directory, which provides a single access point to various data sources; Federation Server that integrates virtual directory and federation technology into a solution with a single management interface; and Directory Explorer, a plug-in for Windows Explorer and integrated into Microsoft Outlook for providing access to the configured directory servers. It serves telecom, defense, government, and financial organizations. MaXware AS was founded in 1989 and is based in Trondheim, Norway. As of May 21, 2007, MaXware AS is a subsidiary of SAP AG.
ReVolt Technology is a technology company, which is developing a rechargeable zinc-air battery. ReVolt's batteries may enable more high-power consumer devices, electric vehicles and renewable energy storage. The technology is a result of six years of intense research and development at SINTEF (the largest independent research institute in Scandinavia). Research on material combinations has solved issues historically related to the metal-air technology; power, lifetime and rechargeability.
Safetel AS provides wireless security alarm transmission services. It offers intruder alarm transmission and fire alarm transmission services for banks, Swedish and Norwegian communes, and security companies in Norway, Sweden, Scandinavia, and Denmark. The company uses mobile networks as the primary route for secure alarm transmission, as well as provides alarm transmission services based on fixed and terrestrial based networks.
Plasus Technologies is a developer and service provider of mobile to machine communication services. The company focuses on energy control and alarm handling solutions for consumers; remote control business to business concepts to manage various M2M devices for businesses and government; and handle order, billing, and support solutions for service providers and partners.
Nacre AS
Venture Round in 2002
Nacre AS is a Intelligent hearing system that combines adaptive hearing protection with audio communication terminal capabilities