Funded Startups in Norway
Disclosed round sizes in this Norway list are highly concentrated at the top end: Corvus Energy raised $60M on 2025-10-12, while the next-largest disclosed…
Disclosed round sizes in this Norway list are highly concentrated at the top end: Corvus Energy raised $60M on 2025-10-12, while the next-largest disclosed amount is far lower (Enerin’s $18M on 2025-11-25; and BW Energy’s $400M on 2025-03-28 is the true size outlier). That BW Energy round ($400M) is dramatically above the rest of the disclosed amounts, standing out across the full 2024–2025 window. On stage classification, “Series Unknown” appears in 14 of 50 rows, while “undisclosed” appears in 9 of 50—together making 23 of 50 rounds with amounts not clearly categorized beyond the round label.
Geographically, most entries are Oslo-based (for example Noteless on 2025-11-30; Actithera on 2025-07-09; Jordanes on 2025-01-06), with secondary hubs in Bergen (Corvus Energy, 2025-10-12) and Stavanger/Rogaland (BW Energy, 2025-03-28; Hystar, 2024-10-23; Starflow, 2024-10-23). Temporally, rounds span 2024-10-11 (Muybridge) through 2025-11-30 (Noteless), and there’s visible clustering in late 2025 with multiple Seed/Series A financings in November (e.g., Noteless $4M on 2025-11-30; Enerin $18M on 2025-11-25).
Most recent rounds
50 shownRelated listings
Frequently asked
Which disclosed round is the clearest outlier, and how does it compare to other disclosed amounts?
BW Energy’s $400M on 2025-03-28 dwarfs the rest of the disclosed rounds. The next-highest disclosed amounts in the table are $242M (Jordanes on 2025-01-06) and $76M (Actithera on 2025-07-09), which are still well below $400M.
Do the most recent rounds cluster in a tight date window, especially around November 2025?
Yes. Multiple financings land in late November 2025, including Noteless ($4M, 2025-11-30), Bsure ($2M, 2025-11-26), SportAI ($3M, 2025-11-26), and Enerin ($18M, 2025-11-25). By comparison, the earliest row shown is Muybridge (2024-10-11), so late 2025 carries more entries near the page’s top of the timeline.
Is Oslo over-represented compared with other Norwegian cities in this list?
Oslo appears repeatedly across the 50 rows, including Noteless (Oslo, 2025-11-30), Sonair (Oslo, 2025-09-19), Attensi (Oslo, 2025-05-20), and NEXT Biometrics (Oslo, 2024-10-16). Other cities show fewer repeats, such as Bergen with Corvus Energy ($60M, 2025-10-12) and Stavanger/Rogaland with BW Energy ($400M, 2025-03-28), Hystar ($28M, 2024-10-23), and Starflow ($2M, 2024-10-23).
How often do the rounds use “Series Unknown” or “undisclosed” amounts, and does that affect interpreting stage concentration?
“Series Unknown” appears 14 times (for example WeWillWrite on 2025-11-09 at $2M; Green Minerals on 2025-07-02 at $25M; Hystar on 2024-10-23 at $28M). “Undisclosed” appears 9 times, such as Sensor Globe (Pre-Seed, 2025-09-26) and Spoor (Convertible Note, 2025-09-26). Together, 23 of 50 entries limit stage or sizing visibility beyond the round label.
Are there sector patterns, or do a few themes dominate the disclosed rounds?
Artificial Intelligence (AI) shows up as a recurring tag across different stages, including SportAI ($3M, Seed, 2025-11-26), Deckmatch ($3M, Seed, 2024-11-11), and eSmart Systems ($32M, Series Unknown, 2024-10-30). Biotechnology is also prominent, with multiple large disclosed rounds such as Actithera ($76M, Series A, 2025-07-09) and Lytix Biopharma ($9M, Series Unknown, 2024-12-16).
What stage mix dominates the higher-visibility portion of the table (disclosed amounts), and where do the biggest disclosed rounds land?
Among disclosed amounts, the largest rounds are not confined to one stage label: BW Energy is “Series Unknown” at $400M (2025-03-28), Corvus Energy is “Series E” at $60M (2025-10-12), and Actithera is “Series A” at $76M (2025-07-09). Meanwhile, Seed financings are common at smaller disclosed sizes like Noteless ($4M, 2025-11-30) and Telescope ($4M, 2025-03-05), suggesting a broad stage spread rather than a single-stage concentration at the top end.
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