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The Founder's Handbook
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Top 6 Venture Capital Firms in Oslo (2026)

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Oslo is becoming a great place for founders to build a company. The city has a solid group of investors who are eager to fund new ideas.

You have established players like Norfund, which has made over 80 investments. Then there are firms like Skyfall Ventures and Startuplab, which have each backed more than 50 early-stage startups.

Below is our list of the best 6 VC firms in Oslo.

Failory's Top 6 Picks

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Skyfall Ventures provides seed-stage capital to promising technology companies throughout the Nordic region. Their portfolio, which includes breakouts like Oda, Nansen, and Firi, highlights their focus on backing ambitious founders from the very beginning.

Year Founded2016
FoundersEspen Malmo, Preben Songe-Møller
Total Fundingkr 320M
IndustriesAI & ML, Fintech, Enterprise, SaaS, Consumer
Investment StageEarly Stage, Seed, Pre-Seed
Nº of Investments54 (20 as Lead Investor)
Nº of Exits4 (1 IPO'd)
Top Portfolio StartupsOda, Nansen, Firi

Hadean Ventures invests in early-stage life science companies throughout Europe, concentrating on the Nordic region. They work with top academic institutions and startup hubs to help develop and commercialize new medical technologies.

Year Founded2014
FoundersIngrid Teigland Akay
Investment StageEarly Stage
Nº of Investments28 (12 as Lead Investor)
Nº of Exits6 (2 IPO'd)
Contactenquiries@hadeanventures.com / +47 24 11 57 22

SNÖ Ventures backs ambitious tech pioneers throughout the Nordic region, supporting them from the earliest pre-seed stages to late-stage growth. By combining deep local expertise with a global network, they help Nordic startups in sectors like AI, fintech, and SaaS scale onto the world stage.

Year Founded2016
FoundersMagne Uppman, Teodor Bjerrang
Total Funding#VALUE!
Average Check Size#VALUE!
IndustriesAI & ML, Fintech, Enterprise, Crypto & Blockchain, Gaming, SaaS
Investment StageEarly Stage, Late Stage, Seed, Pre-Seed
Nº of Investments37 (20 as Lead Investor)
Nº of Exits3
Top Portfolio StartupsIgnite, Speechly, Inzpire.me
Contacthello@sno.vc / +47 905 47 285

Alliance Venture champions purpose-driven founders building early-stage tech companies throughout the Nordic region. They provide the necessary capital for these startups to scale from local leaders into businesses with a global reach.

Year Founded2001
FoundersBjorn Christensen, Erling Maartmann-Moe
Total Funding#VALUE!
IndustriesAI & ML, Fintech, Enterprise, SaaS, Consumer, Marketplace, Media, E-Commerce, Social, Health
Investment StageEarly Stage, Seed, Pre-Seed
Nº of Investments69 (29 as Lead Investor)
Nº of Exits9 (1 IPO'd)
Top Portfolio StartupsMegacool, Capnia, Tific
Contacthello@alliance.vc

Startuplab operates as a Nordic tech investor, incubator, and accelerator for early-phase startups. Their portfolio of over 200 companies includes breakout successes like Kahoot and ReMarkable.

Year Founded2012
FoundersAlexander Woxen, Karl-Christian Agerup, Rolf Assev, Tor Bækkelund
Total Funding$20.2M
Average Check Size$300k
IndustriesHardware, Transportation, Big Data & Analytics, Energy
Investment StageEarly Stage, Seed
Nº of Investments52 (11 as Lead Investor)
Nº of Exits7 (1 IPO'd)
Top Portfolio StartupsParqio, Campanyon, Vilda
Contactgisle@startuplab.no
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6. Norfund

Norfund provides risk capital and expertise to build sustainable businesses in developing countries, operating as an active, strategic minority investor. They aim to have the greatest impact in places where the private sector is weak and capital is scarce, focusing primarily on Sub-Saharan Africa along with parts of Southeast Asia and Central America.

Year Founded1997
Founders
Total Funding$3.1B
IndustriesClimate & Sustainability, Fintech, Enterprise
Investment StageEarly Stage, Private Equity
Nº of Investments87 (54 as Lead Investor)
Nº of Exits10 (5 IPO'd)
Top Portfolio StartupsAmartha, Klinchenberg, Rwimi
Contactpost@norfund.no / +47 22 01 93 93

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