Recently Funded Startups in Norway (Aug-2025)
Last Updated: 27-Aug-2025
Norway’s startup ecosystem continues to thrive as the country establishes itself as a hub for innovation and entrepreneurship in Northern Europe. With innovative solutions emerging across diverse sectors, Norway’s entrepreneurial landscape has seen significant momentum, highlighted by a remarkable increase in funding activities. The commitment to fostering a favorable environment for startups is evident through strong government support, access to venture capital, and a growing tech-savvy workforce, positioning Norway as an attractive destination for both local and international investors.
In 2025 alone, the Norwegian startup scene has showcased resilience and growth with 24 startups raising a total of over $1.09 billion in funding. Energy, financial services, and real estate have emerged as key industries attracting significant investments, while burgeoning sectors like biotechnology and artificial intelligence are gaining traction with a higher number of deals. As we delve into the details of the recently funded startups, it’s clear that the future of innovation in Norway is bright, driven by a blend of traditional industries and cutting-edge technology.
Funding Highlights
- Total number of startups tracked: 135
- Startups that raised funding last year: 59
- Startups that raised funding this year: 24
- Total funding raised this year (USD): $1,091,828,200
- Largest deal: BW Energy, Series Unknown, $400,000,000
- Top industries by funding amount:
- Energy: $410,300,000
- Financial Services: $255,500,000
- Real Estate: $202,346,700
- Top industries by number of deals:
- Biotechnology: 5 deals
- Energy: 4 deals
- Artificial Intelligence (AI): 3 deals
Full List of Recently Funded Startups in Norway
| Company | City | Country | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Saga Robotics | Ås | Norway | Series Unknown | $11.2M | 2025-08-08 | Agriculture and Farming |
| Two | Oslo | Norway | Series A | $15.2M | 2025-07-11 | Commerce and Shopping |
| Actithera | Oslo | Norway | Series A | $75.5M | 2025-07-09 | Biotechnology |
| Norwegian Block Exchange | Oslo | Norway | Series Unknown | $535.4K | 2025-07-05 | Blockchain and Cryptocurrency |
| Green Minerals | Asker | Norway | Series Unknown | $24.8M | 2025-07-02 | Natural Resources |
| ONiO | Oslo | Norway | Series A | $5.8M | 2025-06-18 | Energy |
| K33 | Oslo | Norway | Series Unknown | $13.1M | 2025-06-18 | Financial Services |
| Db Journey | Oslo | Norway | Series Unknown | Undisclosed | 2025-06-16 | Commerce and Shopping |
| Aurora Analytica | Oslo | Norway | Pre-Seed | Undisclosed | 2025-06-11 | Artificial Intelligence (AI) |
| Attensi | Oslo | Norway | Series Unknown | $25M | 2025-05-20 | Education |
| Aida Social | Oslo | Norway | Series Unknown | Undisclosed | 2025-05-15 | Artificial Intelligence (AI) |
| Circio | Oslo | Norway | Series Unknown | $241.1K | 2025-05-13 | Biotechnology |
| NoMy | Oslo | Norway | Seed | $1.4M | 2025-05-07 | Biotechnology |
| Hofseth BioCare | Ålesund | Norway | Series Unknown | $4.2M | 2025-05-05 | Biotechnology |
| Linja | Ålesund | Norway | Series Unknown | $65.7M | 2025-04-11 | Consumer Electronics |
| Wirescan | Halden | Norway | Series Unknown | Undisclosed | 2025-04-02 | Financial Services |
| Lithium367 | Oslo | Norway | Pre-Seed | $500K | 2025-04-01 | Energy |
| BW Energy | Oslo | Norway | Series Unknown | $400M | 2025-03-28 | Energy |
| Entra | Oslo | Norway | Series Unknown | $746.7K | 2025-03-20 | Real Estate |
| Telescope | Oslo | Norway | Seed | $3.9M | 2025-03-05 | Software |
| Installer | Stavanger | Norway | Seed | $4M | 2025-03-04 | Energy |
| Zelluna Immunotherapy | Oslo | Norway | Series Unknown | $4.6M | 2025-03-03 | Biotechnology |
| Receipts | Oslo | Norway | Seed | $1.8M | 2025-02-03 | Information Technology |
| SportAI | Oslo | Norway | Series Unknown | $805K | 2025-01-27 | Artificial Intelligence (AI) |
| Entra | Oslo | Norway | Series Unknown | $201.6M | 2025-01-09 | Real Estate |
| Jordanes | Oslo | Norway | Series Unknown | $242.4M | 2025-01-06 | Financial Services |
| HydrogenPro | Porsgrunn | Norway | Series Unknown | $12.4M | 2024-12-23 | Design |
| Desert Control | Sandnes | Norway | Series Unknown | Undisclosed | 2024-12-19 | Agriculture and Farming |
| Age Labs | Oslo | Norway | Series Unknown | Undisclosed | 2024-12-17 | Biotechnology |
| Lytix Biopharma | Tromsø | Norway | Series Unknown | $9M | 2024-12-16 | Biotechnology |
| Oncoinvent | Oslo | Norway | Series Unknown | $11.7M | 2024-12-04 | Biotechnology |
| B'ZEOS | Oslo | Norway | Seed | Undisclosed | 2024-11-21 | Administrative Services |
| Biosergen AS | Trondheim | Norway | Series Unknown | $4.1M | 2024-11-18 | Biotechnology |
| Atlas | Oslo | Norway | Pre-Seed | $2M | 2024-11-14 | Data and Analytics |
| Circio | Oslo | Norway | Series Unknown | $2.3M | 2024-11-12 | Biotechnology |
| Deckmatch | Oslo | Norway | Seed | $3M | 2024-11-11 | Artificial Intelligence (AI) |
| Bislab | Oslo | Norway | Pre-Seed | $1.8M | 2024-11-07 | Data and Analytics |
| Release | Sandefjord | Norway | Seed | Undisclosed | 2024-11-01 | Hardware |
| eSmart Systems | Halden | Norway | Series Unknown | $32.4M | 2024-10-30 | Artificial Intelligence (AI) |
| Starflow | Stavanger | Norway | Pre-Seed | $1.8M | 2024-10-23 | Energy |
| HydrogenPro | Porsgrunn | Norway | Series Unknown | $17.8M | 2024-10-23 | Design |
| Hystar | Høvik | Norway | Series Unknown | $28M | 2024-10-23 | Science and Engineering |
| NEXT Biometrics | Oslo | Norway | Series Unknown | $3.7M | 2024-10-16 | Biotechnology |
| Muybridge | Fornebu | Norway | Series Unknown | $8.8M | 2024-10-11 | Content and Publishing |
| Techstep | Oslo | Norway | Series Unknown | $2.8M | 2024-10-09 | Software |
| Sonair | Oslo | Norway | Series Unknown | $1.6M | 2024-10-07 | Hardware |
| CoBuilder | Lysaker | Norway | Series Unknown | Undisclosed | 2024-10-01 | Data and Analytics |
| Findable | Oslo | Norway | Series A | $10M | 2024-09-25 | Artificial Intelligence |
| MPC Container Ships | Oslo | Norway | Series Unknown | $125M | 2024-09-25 | Transportation |
| Maritime Robotics | Trondheim | Norway | Series Unknown | $12M | 2024-09-12 | Hardware |
| Vind AI | Oslo | Norway | Seed | $3.3M | 2024-09-11 | Artificial Intelligence (AI) |
| Ocean Oasis | Oslo | Norway | Series Unknown | $6.7M | 2024-08-28 | Energy |
| Cardboard | Oslo | Norway | Seed | $2.1M | 2024-08-27 | Financial Services |
| SportAI | Oslo | Norway | Seed | $1.8M | 2024-08-19 | Artificial Intelligence (AI) |
| Sensorita | Oslo | Norway | Seed | $3.3M | 2024-07-03 | Information Technology |
| Versiro | Trondheim | Norway | Seed | $2.5M | 2024-07-03 | Other |
| Leasi | Trondheim | Norway | Pre-Seed | $1.2M | 2024-07-01 | Commerce and Shopping |
| ININ Group | Hamar | Norway | Series Unknown | $5.7M | 2024-06-25 | Data and Analytics |
| Fortifai | Oslo | Norway | Seed | $540.8K | 2024-06-25 | Data and Analytics |
| Factiverse | Stavanger | Norway | Seed | $1.1M | 2024-06-20 | Artificial Intelligence (AI) |
| Salmon Evolution | Molde | Norway | Series Unknown | $34.2M | 2024-06-18 | Agriculture and Farming |
| Stepwise | Stavanger | Norway | Seed | $3.3M | 2024-06-18 | Professional Services |
| Plovm | Oslo | Norway | Pre-Seed | $26.8K | 2024-06-14 | Artificial Intelligence (AI) |
| BW Energy | Oslo | Norway | Series Unknown | $100M | 2024-06-07 | Energy |
| Sloyd | Oslo | Norway | Seed | $3.3M | 2024-06-06 | Artificial Intelligence (AI) |
| Iris.ai | Oslo | Norway | Series A | $8.3M | 2024-05-29 | Artificial Intelligence (AI) |
| Hunter Group | Oslo | Norway | Series Unknown | $9.4M | 2024-05-23 | Financial Services |
| Andfjord Salmon | Sortland | Norway | Series Unknown | $10M | 2024-05-22 | Agriculture and Farming |
| Spoor | Oslo | Norway | Seed | $4M | 2024-05-16 | Artificial Intelligence (AI) |
| 7Analytics | Bergen | Norway | Seed | $4.3M | 2024-05-15 | Information Technology |
| IDEX | Fornebu | Norway | Series Unknown | $5.1M | 2024-05-15 | Biotechnology |
| OptiNose | Oslo | Norway | Series Unknown | $55M | 2024-05-09 | Biotechnology |
| Simplifai | Oslo | Norway | Series Unknown | Undisclosed | 2024-05-07 | Artificial Intelligence (AI) |
| Red Rover | Oslo | Norway | Series A | $14.9M | 2024-04-16 | Gaming |
| Aker | Lysaker | Norway | Series Unknown | $28M | 2024-04-05 | Financial Services |
| Völur | Oslo | Norway | Seed | $2.9M | 2024-04-04 | Artificial Intelligence (AI) |
| Praxis Security Labs | Oslo | Norway | Undisclosed | 2024-03-20 | Information Technology | |
| Finterai | Oslo | Norway | Undisclosed | 2024-03-05 | Financial Services | |
| Arva | Bodø | Norway | $47.5M | 2024-03-01 | Energy | |
| Sensibel | Oslo | Norway | Series Unknown | $7.6M | 2024-02-21 | Information Technology |
| OTee | Oslo | Norway | Pre-Seed | $1.3M | 2024-02-05 | Manufacturing |
| Calluna Pharma | Oslo | Norway | Series A | $81.7M | 2024-01-23 | Biotechnology |
| Plaace | Oslo | Norway | Seed | $970.3K | 2024-01-12 | Data and Analytics |
| 1X | Moss | Norway | Series B | $99.9M | 2024-01-11 | Artificial Intelligence |
| Carbon Centrum | Oslo | Norway | Pre-Seed | Undisclosed | 2024-01-11 | Professional Services |
| CardioMech | Trondheim | Norway | Series Unknown | $13M | 2024-01-02 | Biotechnology |
| Hemispherian | Oslo | Norway | Series Unknown | $1.5M | 2023-12-15 | Biotechnology |
| Over Easy Solar | Oslo | Norway | Series Unknown | $869.9K | 2023-12-13 | Energy |
| Plovm | Oslo | Norway | Pre-Seed | $10K | 2023-12-04 | Artificial Intelligence (AI) |
| IDEX | Fornebu | Norway | Series Unknown | $3.2M | 2023-11-15 | Biotechnology |
| Otovo | Oslo | Norway | Series Unknown | $42.7M | 2023-11-13 | Commerce and Shopping |
| Lytix Biopharma | Tromsø | Norway | Series Unknown | $1.3M | 2023-10-16 | Biotechnology |
| Over Easy Solar | Oslo | Norway | Series Unknown | Undisclosed | 2023-10-06 | Energy |
| Syrenna | Oslo | Norway | Series Unknown | Undisclosed | 2023-10-06 | Consumer Electronics |
| ECOsubsea | Storebö | Norway | Series B | $11.9M | 2023-10-03 | Energy |
| Varanger Kraft | Vadsø | Norway | Series Unknown | $4.6M | 2023-09-27 | Energy |
| NEXT Biometrics | Oslo | Norway | Series Unknown | $5.5M | 2023-09-26 | Biotechnology |
| PropL | Oslo | Norway | Series Unknown | $9.2K | 2023-09-26 | Administrative Services |
| Morrow Batteries | Oslo | Norway | Series Unknown | $74.6M | 2023-09-22 | Consumer Electronics |
| Databutton | Oslo | Norway | Seed | $5.1M | 2023-09-14 | Data and Analytics |
| Curipod | Bergen | Norway | Seed | $4.6M | 2023-09-14 | Education |
| Deep Wind Offshore | Haugesund | Norway | Series Unknown | Undisclosed | 2023-09-07 | Energy |
| Remora Robotics | Stavanger | Norway | Seed | $2.8M | 2023-08-21 | Energy |
| Deckmatch | Oslo | Norway | Pre-Seed | $1.1M | 2023-08-15 | Artificial Intelligence (AI) |
| Pistachio | Oslo | Norway | Seed | $3.6M | 2023-08-10 | Information Technology |
| TECO 2030 | Lysaker | Norway | Series Unknown | $2.6M | 2023-07-24 | Energy |
| Release | Oslo | Norway | Series Unknown | $55M | 2023-07-19 | Renewables & Environment |
| Wastefront | Oslo | Norway | Series Unknown | $42.9M | 2023-07-13 | Sustainability |
| Optio Incentives | Oslo | Norway | Series A | $4.3M | 2023-07-11 | Administrative Services |
| Shapemaker | Oslo | Norway | Series Unknown | Undisclosed | 2023-07-10 | Hardware |
| GlucoSet | Trondhjem | Norway | Series A | $6.6M | 2023-07-07 | Health Care |
| Kyoto Group | Oslo | Norway | Series Unknown | $7.2M | 2023-06-22 | Energy |
| Red Rover | Oslo | Norway | Seed | $5M | 2023-06-22 | Gaming |
| Intelecy | Oslo | Norway | Series Unknown | $3.5M | 2023-06-22 | Artificial Intelligence |
| Havila Kystruten | Fosnavåg | Norway | Series Unknown | $71.6M | 2023-06-19 | Community and Lifestyle |
| Sloyd | Oslo | Norway | Pre-Seed | Undisclosed | 2023-06-15 | Artificial Intelligence (AI) |
| HydrogenPro | Porsgrunn | Norway | Series Unknown | $11.1M | 2023-06-13 | Design |
| ZTL Payment Solution | Oslo | Norway | Seed | $1.3M | 2023-06-12 | Financial Services |
| Aviant | Trondheim | Norway | Series Unknown | $1.1M | 2023-06-06 | Consumer Electronics |
| Aker Horizons | Fornebu | Norway | Series Unknown | $7.7M | 2023-06-01 | Energy |
| Eyr | Oslo | Norway | Series Unknown | $2M | 2023-05-29 | Apps |
| IDEX | Fornebu | Norway | Series Unknown | $11.4M | 2023-05-24 | Biotechnology |
| InfoTiles | Stavanger | Norway | Seed | Undisclosed | 2023-05-23 | Data and Analytics |
| Carbon Centrum | Oslo | Norway | Pre-Seed | Undisclosed | 2023-05-03 | Professional Services |
| Aimy | Bergen | Norway | Pre-Seed | $276.1K | 2023-04-27 | Artificial Intelligence |
| 1X | Moss | Norway | Series A | $23.5M | 2023-03-23 | Artificial Intelligence |
| Two | Oslo | Norway | Series A | $19.3M | 2023-03-21 | Commerce and Shopping |
| Domos | Oslo | Norway | Series A | Undisclosed | 2023-03-21 | Information Technology |
| Targovax | Oslo | Norway | Series Unknown | $3.5M | 2023-03-09 | Biotechnology |
| Ocean Yield | Lysaker | Norway | Series Unknown | $70.2M | 2023-03-08 | Sales and Marketing |
| Appfarm | Oslo | Norway | Seed | $5.8M | 2023-03-06 | Apps |
| Hexagon Purus | Ålesund | Norway | Series Unknown | $77.1M | 2023-03-01 | Energy |
| Agoprene | Sandvika | Norway | Series Unknown | $533.4K | 2023-03-01 | Consumer Goods |
| Nordic Mining | Oslo | Norway | Series Unknown | $50M | 2023-02-23 | Mining |
| Aqualung Carbon Capture | Oslo | Norway | Series Unknown | Undisclosed | 2023-02-22 | Energy |
| Zeabuz | Trondheim | Norway | Series Unknown | $1.9M | 2023-02-20 | Science and Engineering |
| Gateway.fm | Stavanger | Norway | Seed | $4.6M | 2023-02-20 | Financial Services |
| CardioMech | Trondheim | Norway | Series Unknown | $4.5M | 2023-02-16 | Biotechnology |
| House of Math | Oslo | Norway | Series A | $4.4M | 2023-02-09 | Education |
| BoldBooks | Oslo | Norway | Seed | Undisclosed | 2023-02-01 | Commerce and Shopping |
| Otovo | Oslo | Norway | Series Unknown | $111.6M | 2023-01-25 | Commerce and Shopping |
| Seaweed Solutions | Trondheim | Norway | Seed | $4.7M | 2023-01-16 | Agriculture and Farming |
| CHOOOSE | Oslo | Norway | Series A | $15M | 2023-01-13 | Apps |
| Hystar | Høvik | Norway | Series B | $25.8M | 2023-01-11 | Science and Engineering |
| laiout | Oslo | Norway | Series Unknown | $1M | 2023-01-01 | Information Technology |
| Stack by.me | Oslo | Norway | Series Unknown | Undisclosed | 2022-12-15 | Financial Services |
| Kitemill | Vossevangen | Norway | Series Unknown | $2M | 2022-12-12 | Energy |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Norway?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Norway were funded this year and last year?
24 startups were funded in Norway this year and 59 raised funding last year; we track 135 startups in Norway in total.
Q3. Which industries are trending among recently funded startups in Norway?
By funding amount: Energy ($410,300,000), Financial Services ($255,500,000), Real Estate ($202,346,700). By deal count: Biotechnology (5 deals), Energy (4), Artificial Intelligence (3).
Q4. What was the largest funding deal among recently funded startups in Norway?
Largest deal: BW Energy, Series Unknown, $400,000,000.
Q5. How can I connect with these startups in Norway?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
