Country · NO

Startups in Norway

Verified funding rounds, exits, and launches from Norway’s startups: the public record beneath the weekly newsletter.

Companies: 24
Rounds: 18
Capital raised: EUR 154.8M
Last activity: 01 Sep 2026

Recent events

Hire · 01 Sep · —
Globalconnect
Lasse Pilgaard takes over as CEO of Globalconnect from Martin Lippert on September 1, 2026.
Launch · 31 Jul · —
Thor Medical
Thor Medical is starting commercial production of substances for radiation therapy for cancer.
Funding · 30 Jul · EUR 525K
Mimir
Mimir has raised a $600,000 pre-seed round to expand AI automation for e-commerce brands.
Funding · 23 Jul · EUR 5.3M
EQON
Norwegian climate tech startup EQON has raised a $6 million seed round led by Azolla Ventures and co-led by Wilstar Innovate.
Launch · 23 Jul · —
Light
Light launches its first flip phone, the Light Flip, aimed at users who prefer simplicity over high technology.
Launch · 22 Jul · —
Monil
Monil is targeting the American market with its virtual fencing technology for monitoring cows.
Hire · 17 Jul · —
Trøndermobil
Bernd Gutbier is joining Trøndermobil as an investor and board member.
Launch · 15 Jul · —
Ekoda
Ekoda launches battery storage systems built from surplus batteries sourced from Mercedes-Benz.
Launch · 12 Jul · —
Monil
Monil launches grazing collars that function as virtual fences and smartwatches for cows, targeting the American market.
Funding · 02 Jul · EUR 16.0M
Alva Industries
Alva Industries lands €16M to scale next-generation electric motors
Funding · 29 May · —
Ryde
A new Equip Capital-managed fund led by Goldman Sachs Alternatives acquired a majority stake in Ryde and made additional growth capital available; Equip Fund I, founders, management and minority shareholders remained invested.
Launch · 07 May · —
BeBalanced
BeBalanced, a new AI service for mental health support, was launched to assist young people facing mental health challenges.
Hire · 06 May · —
Evidi
Marie Kristin Bentzen appointed as new Country Manager for Evidi, coming from Sopra Steria.
Launch · 05 May · —
Telenor
Telenor has established a national cloud company to address the urgent need for nationally controlled cloud solutions.
Funding · 05 May · EUR 7.7M
Moritz
Moritz raised a $9m pre-seed round to build an AI-native law firm.
Funding · 28 Apr · EUR 5.3M
OTee
OTee raised EUR 5.3M in seed, led by North Ventures.
Funding · 15 Apr · EUR 4.8M
Stendr
Stendr raised EUR 4.8M in pre-seed.
Funding · 23 Mar · EUR 34.5M
Lace Lithography
Lace Lithography raised EUR 34.5M in Series A.
Funding · 04 Mar · EUR 15.0M
Photoncycle
Photoncycle raised EUR 15.0M in Series A.
Funding · 11 Dec · EUR 8.0M
Spoor
Spoor raised EUR 8.0M in Series A, led by SET Ventures.
Funding · 27 Nov · EUR 3.5M
Noteless
Noteless raised EUR 3.5M in seed, led by Redstone.
Funding · 11 Jul · EUR 13.0M
Two
Two raised EUR 13.0M in Series A.
Funding · 18 Jun · EUR 5.0M
ONiO
ONiO raised EUR 5.0M in Series A.
Exit · 13 Jan · EUR 138.7M
SpinChip
SpinChip agreed to be acquired in full by bioMérieux at a total enterprise value of NOK 1.624 billion.
Funding · 05 Apr · EUR 5.0M
Photoncycle
Photoncycle closed a EUR 5M seed round led by Lifeline Ventures to develop seasonal residential energy storage.
Funding · 14 Mar · EUR 10.0M
SpinChip
bioMérieux invested NOK 115 million in SpinChip Diagnostics, becoming its second-largest shareholder with an expected 17–20% stake depending on further fundraising.
Funding · 23 Feb · EUR 2.0M
Cartesian
Thermal-energy-storage spinout Cartesian raised NOK 23 million in a funding round and separately received NOK 8 million in R&D funds from the Research Council of Norway and Innovation Norway.
Funding · 05 Feb · EUR 1.3M
OTee
OTee closed a EUR 1.25 million first funding round led by RunwayFBU and Superangel for its industrial-automation engineering platform.
Funding · 21 Mar · EUR 18.0M
Two
Two raised a EUR 18M Series A co-led by Shine Capital and Antler to expand its B2B payments platform.

Companies

Amounts in EUR, converted at the ECB rate on the event date. Every figure links to its source.

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