Series A Funded Startups in Norway
Across these 20 Series A rounds in Norway (2021-03-17 to 2025-11-25), the largest disclosed amount is Calluna Pharma’s $82M (2024-01-23), and it sits well…
Across these 20 Series A rounds in Norway (2021-03-17 to 2025-11-25), the largest disclosed amount is Calluna Pharma’s $82M (2024-01-23), and it sits well above the next tier of disclosed rounds clustered in the teens and low double-digits. The only other disclosed rounds that clearly exceed $60M are Actithera’s $76M (2025-07-09) and PortalOne’s $60M (2022-01-27), making the >$50M set small and concentrated.
The dataset also clusters geographically and temporally. Oslo appears repeatedly (e.g., Two $15M on 2025-07-11; Actithera $76M on 2025-07-09; Red Rover $15M on 2024-04-16), while Trondhjem shows a single entry (GlucoSet $7M on 2023-07-07) and Asker shows one (Enerin $18M on 2025-11-25). Temporally, there are dense runs in mid-2024 and mid-2025: multiple rounds land in 2024 (Jan through Sep) and several in 2025 (Jun through Nov), with the most recent being Enerin on 2025-11-25. In sectors, Information Technology and Artificial Intelligence each appear 3+ times, while one Series A amount is undisclosed (Domos, 2023-03-21).
Most recent rounds
20 shownRelated listings
Frequently asked
Which disclosed Series A rounds are outliers by size in this Norway list, and what do they look like versus the rest?
Calluna Pharma’s $82M (2024-01-23) is the largest disclosed round and is materially above most others clustered around the $10M–$24M range, while Actithera’s $76M (2025-07-09) and PortalOne’s $60M (2022-01-27) are the only other clearly >$50M disclosed rounds.
How concentrated are the rounds by geography (city) across the 20 entries?
Oslo is the dominant city, repeatedly appearing across rounds such as Actithera ($76M, 2025-07-09), Two ($15M, 2025-07-11), and Red Rover ($15M, 2024-04-16). Outside Oslo, single-city presence stands out: Asker has Enerin ($18M, 2025-11-25) and Trondhjem has GlucoSet ($7M, 2023-07-07).
Are there noticeable time clusters near the top of the timeline (most recent dates)?
Yes. Several of the newest rounds stack within a few months: in 2025, ONiO’s $6M (2025-06-18) is followed by Actithera’s $76M (2025-07-09) and Two’s $15M (2025-07-11), with another late entry Enerin ($18M) on 2025-11-25.
What sector mix repeats most often, and does it show up at different sizes or mostly within a narrow funding band?
Information Technology and Artificial Intelligence each appear 3+ times in the rows: for example, AI shows up with Findable ($10M, 2024-09-25), Iris.ai ($8M, 2024-05-29), and 1X ($24M, 2023-03-23). Information Technology appears with Enode ($15M, 2022-11-01), Ignite Procurement ($7M, 2022-06-27), Sensibel ($15M, 2022-04-25), and Whereby ($12M, 2021-03-17), with disclosed amounts spanning roughly $7M–$15M.
Are there any entries where disclosed amounts are missing or at the low end, and does that create a structural signal in the list?
There is one undisclosed Series A amount: Domos (Oslo) on 2023-03-21, so it cannot be compared in size. Among disclosed amounts, the smallest is ONiO’s $6M (2025-06-18), which is close to GlucoSet’s $7M (2023-07-07) and Ignite Procurement’s $7M (2022-06-27), forming a low-end cluster.
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