Funded Artificial Intelligence Startups in Norway
Disclosed deal sizes in Norway’s funded AI startups are highly uneven: Magnora Data Center’s $70M round (2026-06-03) is the largest disclosed amount, and i…
Disclosed deal sizes in Norway’s funded AI startups are highly uneven: Magnora Data Center’s $70M round (2026-06-03) is the largest disclosed amount, and it sits far above the next-largest disclosed entries at $50M (Aurora Analytica, 2025-10-22) and $32M (eSmart Systems, 2024-10-30). Several smaller rounds cluster around the $1M–$16M range, while the smallest disclosed amount is Plovm’s $30K (2024-06-14). Timing and geography also concentrate. Of the 29 rows shown (2020-09-02 through 2026-06-03), a noticeable share of rounds land in Oslo, with multiple entries dated 2024-05-29 through 2024-10-23 (e.g., Iris.ai $8M on 2024-05-29; Findable $10M on 2024-09-25; Riff $16M on 2025-10-23). Stages skew early-to-growth rather than late: Seed appears 7 times (e.g., Deckmatch $3M on 2024-11-11; Vind AI $3M on 2024-09-11), while Series B appears 2 times (1X $100M on 2024-01-11; Semine $3M on 2022-07-15 and $6M on 2021-07-01).
Most recent rounds
29 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Norway AI list, and how far above the rest is it?
The largest disclosed amount is $70M by Magnora Data Center on 2026-06-03. The next-largest disclosed rounds are $50M (Aurora Analytica, 2025-10-22), $113M on 2022-02-02 (Cognite, but that’s a higher disclosed amount than $70M), and $75M (Earth Science Analytics, 2020-09-02). Since $113M and $75M both exceed $70M, Magnora is not the overall maximum across the 29 rows; the true maximum disclosed amount is $113M by Cognite on 2022-02-02.
How concentrated are deal dates in the most recent window?
In the most recent ~12 months visible here (2025-11-26 to 2026-06-03), multiple rounds appear: SportAI $3M (2025-11-26), Riff $16M (2025-10-23), Spoor $9M (2025-12-11), Roboxi $15M (2026-05-21), and Magnora Data Center $70M (2026-06-03). Earlier clustering is also visible in 2024, with several Oslo rounds between 2024-05-29 (Iris.ai $8M) and 2024-09-25 (Findable $10M).
Are there city-level concentrations (or repeated city patterns) across these funded AI startups?
Oslo is the most frequent city in the rows shown, with multiple companies headquartered there such as Spoor (2025-12-11), Riff (2025-10-23), Findable (2024-09-25), Iris.ai (2024-05-29), and Völur (2024-04-04). Out of the 29 entries, several also concentrate in Rogaland and Ostfold (e.g., Roboxi in Stavanger and 1X/Halodi Robotics in Moss).
Which stages dominate, and do any stages produce outsized outcomes?
Seed is the most common labeled stage in the rows shown (7 occurrences), including multiple $3M rounds such as Deckmatch (2024-11-11), Vind AI (2024-09-11), Sloyd (2024-06-06), and Völur (2024-04-04). The biggest disclosed outcomes in the dataset are not Seed; for example, 1X raises $100M as Series B on 2024-01-11, and Cognite raises $113M on 2022-02-02 under Secondary Market.
Are there notable outliers you’d expect analysts to double-click?
Yes: Cognite’s $113M (2022-02-02, Secondary Market) is the top disclosed amount across the 29 rows, while Plovm’s $30K (2024-06-14, Pre-Seed) is the smallest disclosed amount. The dataset also includes multiple amounts marked undisclosed, including Aida Social (2025-05-15) and Simplifai (2024-05-07), which can distort comparisons if treated like $0 or inferred from rounds.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.