FundedIQ

Funded Consumer Electronics Startups in Norway

Disclosed deal sizes in this Norway consumer electronics slice are highly top-heavy: the largest disclosed round is FREYR’s $265M on 2022-12-01, which dwar…

Disclosed deal sizes in this Norway consumer electronics slice are highly top-heavy: the largest disclosed round is FREYR’s $265M on 2022-12-01, which dwarfs the next-largest disclosed amounts (Syrenna and TOPRO are undisclosed; Morrow Batteries shows $75M on 2023-09-22; Linja shows $66M on 2025-04-11). At the same time, many entries cluster around Oslo-based funding and around a 2022-09 to 2023-10 window, with repeated Oslo appearances such as Morrow Batteries ($75M, 2023-09-22), Evyon ($7M, 2022-11-17), Decisions ($5M, 2021-11-17), Kebony ($35M, 2021-10-28), Syrenna (undisclosed, 2023-10-06), and reMarkable (undisclosed, 2022-05-10). Across the 12 rows shown, most classifications are missing or unclear: 7 of 12 entries are labeled “Series Unknown” or “Undisclosed,” while only 2 show explicit “Seed”/“Pre-Seed” (Evyon $7M, 2022-11-17; Intoto $600K, 2021-11-25) and 2 show explicit “Private Equity”/“Secondary Market” (TOPRO undisc., 2022-09-01; reMarkable undisclosed, 2022-05-10). Temporally, rounds span 2021-10-28 (Kebony) through 2025-04-11 (Linja), with the most recent funded entry being Linja on 2025-04-11.

Most recent rounds

12 shown

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Frequently asked

What’s the largest disclosed round here, and does it stand out from the rest of the disclosed amounts?

FREYR’s $265M round on 2022-12-01 is an outlier compared with the other disclosed figures, which include $75M for Morrow Batteries (2023-09-22) and $66M for Linja (2025-04-11). Most other disclosed amounts sit far below FREYR’s level, with small rounds like Intoto’s $600K on 2021-11-25.

How concentrated is funding geographically—are there cities that appear repeatedly?

Oslo is the clearest concentration across the 12 rows, showing up for multiple entries including Morrow Batteries ($75M, 2023-09-22), Evyon ($7M, 2022-11-17), Syrenna (undisclosed, 2023-10-06), reMarkable (undisclosed, 2022-05-10), Kebony ($35M, 2021-10-28), Decisions ($5M, 2021-11-17), and others. Other cities (Ålesund for Linja, Trondheim for Aviant, Mo I Rana for FREYR, Sandnes for Amina Charging) appear only once in the rows shown.

Which part of the timeline is most represented in these most-recent rows?

Many rounds fall in a tight mid-window around 2022-04 through 2023-10, including Amina Charging ($10M, 2022-04-04), FREYR ($265M, 2022-12-01), and Morrow Batteries ($75M, 2023-09-22). The range in the table runs from 2021-10-28 (Kebony) to 2025-04-11 (Linja).

What does the stage/classification mix look like, and where are the clearer stage labels?

Missing or non-specific classifications dominate: 7 of 12 entries are “Series Unknown” or “Undisclosed,” including Linja (Series Unknown, $66M on 2025-04-11), Morrow Batteries (Series Unknown, $75M on 2023-09-22), and FREYR (Series Unknown, $265M on 2022-12-01). Only Evyon ($7M, Seed on 2022-11-17) and Intoto ($600K, Pre-Seed on 2021-11-25) provide explicit early-stage labels, while TOPRO (Private Equity, undisclosed on 2022-09-01) and reMarkable (Secondary Market, undisclosed on 2022-05-10) are the other explicit classifications.

Are there notable low-end or mid-range disclosed rounds that could be used as benchmarks for qualification?

The smallest disclosed amount is Intoto’s $600K on 2021-11-25, while several companies cluster in the single-digit to low-double-digit range, including Evyon ($7M, 2022-11-17), Decisions ($5M, 2021-11-17), and Amina Charging ($10M, 2022-04-04). Mid-range disclosed amounts include Kebony at $35M (2021-10-28) and Morrow Batteries at $75M (2023-09-22), but none approach FREYR’s $265M.

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