Innovation Norway Investments & Fund Profile

Overview

Government agency supporting innovation and development of enterprises.

Founded

2003

Deals · 12mo

4

Links

Website LinkedIn X (Twitter)

Stage focus

Seed

Geographic focus

Norway

The Netherlands

Sector focus

Consulting

Marketing

Trading Platform

Investment portfolio

18rounds

LedParticipated

NAME	DATE	SIZE
Jenz	Oct 2026Participated	$0.71 MSeed
Noemi Aerospace	Jul 2026Led	$8 MOther Equity
Newcode.ai	Mar 2026Participated	$7 MSeed
Soolv	Dec 2025Participated	$1 MSeed
PlayIQ	Oct 2025Participated	$0.60 MOther Equity
Vilje Bionics	Sep 2025Participated	$2 MOther Equity
Avisomo	Jan 2025Led	$6 MOther Equity
Ei Solutions	Sep 2024Participated	$1 MOther Equity
Leasi	Jul 2024Participated	$1 MSeed
Syrenna	Mar 2024Participated	$1 MOther Equity
Plaace	Jan 2024Participated	$0.97 MOther Equity
Aviant	Jun 2023Participated	$1 MGrant
Jenz	Oct 2026Participated	$0.71 MSeed
Noemi Aerospace	Jul 2026Led	$8 MOther Equity
Newcode.ai	Mar 2026Participated	$7 MSeed
Soolv	Dec 2025Participated	$1 MSeed
PlayIQ	Oct 2025Participated	$0.60 MOther Equity
Vilje Bionics	Sep 2025Participated	$2 MOther Equity
Avisomo	Jan 2025Led	$6 MOther Equity
Ei Solutions	Sep 2024Participated	$1 MOther Equity
Leasi	Jul 2024Participated	$1 MSeed
Syrenna	Mar 2024Participated	$1 MOther Equity
Plaace	Jan 2024Participated	$0.97 MOther Equity
Aviant	Jun 2023Participated	$1 MGrant

18 Items

18

Items

...

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Insights

Time horizon

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Deal Distribution

Innovation Norway: 18 funding rounds are recorded in the selected participation categories. All available history
Round type	Led deals	Participated deals
Seed	1	6
Other Equity	2	7
Grant	1	1

Monthly Deal Activity

Innovation Norway: 18 deals are recorded across 191 months. All available history
Month	Deals
Dec '10	1
Jan '11	0
Feb '11	0
Mar '11	0
Apr '11	0
May '11	0
Jun '11	0
Jul '11	0
Aug '11	0
Sep '11	0
Oct '11	0
Nov '11	0
Dec '11	0
Jan '12	0
Feb '12	0
Mar '12	0
Apr '12	0
May '12	0
Jun '12	0
Jul '12	0
Aug '12	0
Sep '12	0
Oct '12	1
Nov '12	0
Dec '12	0
Jan '13	0
Feb '13	0
Mar '13	0
Apr '13	0
May '13	0
Jun '13	0
Jul '13	0
Aug '13	0
Sep '13	0
Oct '13	0
Nov '13	0
Dec '13	0
Jan '14	0
Feb '14	0
Mar '14	0
Apr '14	0
May '14	0
Jun '14	0
Jul '14	1
Aug '14	0
Sep '14	0
Oct '14	0
Nov '14	0
Dec '14	0
Jan '15	0
Feb '15	0
Mar '15	0
Apr '15	0
May '15	0
Jun '15	0
Jul '15	0
Aug '15	0
Sep '15	0
Oct '15	0
Nov '15	0
Dec '15	0
Jan '16	0
Feb '16	0
Mar '16	0
Apr '16	0
May '16	0
Jun '16	0
Jul '16	0
Aug '16	0
Sep '16	0
Oct '16	0
Nov '16	0
Dec '16	0
Jan '17	0
Feb '17	0
Mar '17	0
Apr '17	0
May '17	0
Jun '17	0
Jul '17	0
Aug '17	0
Sep '17	0
Oct '17	0
Nov '17	0
Dec '17	0
Jan '18	0
Feb '18	0
Mar '18	0
Apr '18	0
May '18	0
Jun '18	0
Jul '18	0
Aug '18	0
Sep '18	0
Oct '18	0
Nov '18	0
Dec '18	0
Jan '19	0
Feb '19	0
Mar '19	0
Apr '19	0
May '19	0
Jun '19	0
Jul '19	0
Aug '19	0
Sep '19	0
Oct '19	0
Nov '19	0
Dec '19	0
Jan '20	0
Feb '20	0
Mar '20	0
Apr '20	0
May '20	0
Jun '20	0
Jul '20	0
Aug '20	0
Sep '20	0
Oct '20	0
Nov '20	0
Dec '20	0
Jan '21	0
Feb '21	0
Mar '21	0
Apr '21	0
May '21	0
Jun '21	0
Jul '21	1
Aug '21	0
Sep '21	0
Oct '21	0
Nov '21	0
Dec '21	0
Jan '22	0
Feb '22	0
Mar '22	0
Apr '22	0
May '22	0
Jun '22	0
Jul '22	0
Aug '22	0
Sep '22	0
Oct '22	0
Nov '22	0
Dec '22	0
Jan '23	0
Feb '23	0
Mar '23	0
Apr '23	2
May '23	0
Jun '23	1
Jul '23	0
Aug '23	0
Sep '23	0
Oct '23	0
Nov '23	0
Dec '23	0
Jan '24	1
Feb '24	0
Mar '24	1
Apr '24	0
May '24	0
Jun '24	0
Jul '24	1
Aug '24	0
Sep '24	1
Oct '24	0
Nov '24	0
Dec '24	0
Jan '25	1
Feb '25	0
Mar '25	0
Apr '25	0
May '25	0
Jun '25	0
Jul '25	0
Aug '25	0
Sep '25	1
Oct '25	1
Nov '25	0
Dec '25	1
Jan '26	0
Feb '26	0
Mar '26	1
Apr '26	0
May '26	0
Jun '26	0
Jul '26	1
Aug '26	0
Sep '26	0
Oct '26	1

Sector Breakdown

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Innovation Norway: Enterprise Software is the largest displayed sector by deal count (9 deals). All available history
Sector	Deals
Enterprise Software	9
AI & Machine Learning	5
Data, Analytics & IT	4
Clean Energy & Sustainability	3
Real Estate & Construction	3
Transportation & Logistics	3
Networks, Cloud & Communication	3
Hardware & Robotics	3
Professional Services	3
E-Commerce & Retail	2
Health & Life Sciences	2
Food & Agriculture	2
Travel & Hospitality	1
Space & Frontier Tech	1
Consumer & Lifestyle	1
Fintech	1
Media & Entertainment	1

Deal Size Distribution

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Innovation Norway: 18 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)	Deals
<$5M	14
$5M-$10M	4
$10M-$25M	0
$25M-$50M	0
$50M-$100M	0
$100M-$250M	0
$250M-$500M	0
$500M-$1B	0
$1B+	0

Deals By Geography

Top 2 of 2 regions; European countries are grouped as Europe.

Innovation Norway: Europe has the largest recorded deal count among the displayed regions (17 deals). All available history
Region	Deals
Europe	17
United States	1

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Innovation Norway: 20 co-investors are shown, with Antler sharing 2 recorded deals. All available history
Co-investor	Shared deals
Antler	2
Research Council of Norway	2
Ada Ventures	1
Alliance Venture	1
Arkwright X	1
Bane Nor Eiendom	1
Blommenholm Industrier	1
Centre for Digital Life Norway	1
CTO Roundtable Invest	1
Equinor Ventures	1
European Space Agency	1
Fjord Invest	1
Gnist Capital	1
Investinor	1
Katapult	1
Likeminded	1
NorgesGruppen	1
OBOS	1
ProVenture	1
PWS Eiendom	1