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Innovation Norway

Micro VCActive

Norwegian Government's most important instrument for innovation and development of Norwegian enterprises and industry

Oslo, NorwayFounded 2012innovasjonnorge.no/
23
Investments
2
Exits
AUM
8.7%
Exit Rate

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Investment Thesis & Strategy

Innovation Norway invests in various stages of Norwegian enterprises and industry, with a focus on consulting, advertising/marketing, and trading platforms, aiming to foster innovation and development within the country.

Investment Activity

Deals per year over the last 5 years

3
2017
3
2018
3
2019
1
2020
2
2021

Portfolio Companies

Selected investments from their portfolio of 23 companies

A
Attensi
EdTech · Growth, 2021
Active
A
Airthings
IoT · Series B, 2021
Active
A
Ardoq
SaaS · Series B, 2020
Active
O
Otovo
Cleantech · Series B, 2019
Active
G
Gelato
E-commerce · Growth, 2019
Active
S
Spacemaker
Real Estate · Series B, 2019
Active
O
Opera
Consumer · Growth, 2018
Active
B
Boost.ai
AI/ML · Series B, 2018
Active
N
No Isolation
Healthcare · Series A, 2018
Active
R
Remarkable
Consumer · Growth, 2017
Active
H
Huddly
Enterprise · Growth, 2017
Active
V
Vipps
Fintech · Growth, 2017
Active

Frequently Asked Questions

Innovation Norway focuses on Seed, Series A stage investments.

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