Oslo's startup ecosystem features a diverse range of companies, from consumer electronics to enterprise software. The city supports both newly founded ventures and more established technology firms.
Enterprise architecture tool Ardoq has attracted significant investment, raising $163.9M. Similarly, digital paper tablet company reMarkable has secured $104M in funding.
Below is our list of 19 Oslo startups worth keeping an eye on.
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Get the Sheet for $50reMarkable develops a digital paper tablet that mimics the feel and experience of writing on actual paper. Their device provides a distraction-free environment for users to take notes, read, and review documents without notifications or other interruptions.
| Year Founded | 2013 |
| Founders | Magnus Wanberg |
| Funding Amount | $104M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Debt Financing |
| Top Investors | Spark Capital, Danske Bank, Startuplab |
Tise created a social marketplace and mobile app for buying and selling second-hand fashion. The platform is designed to make sustainable consumption feel more like a social experience, helping users discover and trade pre-loved items.
| Year Founded | 2014 |
| Founders | Axel Franck Næss, Eirik Frøyland Rime |
| Funding Amount | $37.6M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | Skyfall Ventures, Nysnø, Bring Ventures, VNV Global, eBay Ventures |
Ardoq builds a data-driven SaaS platform for modern Enterprise Architecture, helping companies manage their digital transformation. The platform enables organizations to visualize their people, processes, and technology to make smarter decisions about change.
| Year Founded | 2013 |
| Founders | Erik Bakstad, Magnulf Pilskog |
| Funding Amount | $163.9M |
| Startup Size | Large Team (251-1,000) |
| Last Funding Status | Series D |
| Top Investors | EQT, One Peak, Startuplab, Idekapital, Norselab |
Dune Analytics builds a powerful analytics platform for exploring and visualizing blockchain data. The service makes complex on-chain information from networks like Ethereum accessible through user-generated queries and dashboards.
| Year Founded | 2018 |
| Founders | Fredrik Haga, Mats Olsen |
| Funding Amount | $79.4M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series B |
| Top Investors | Union Square Ventures, Coatue, Redpoint, Coinbase Ventures, Dragonfly |
Sonair develops a 3D ultrasonic sensor designed to make autonomous robots safer and more efficient. Their technology provides a cost-effective solution for navigation and obstacle avoidance in the robotics and automotive industries.
| Year Founded | 2022 |
| Founders | Knut Sandven |
| Funding Amount | $7.6M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Venture Round |
| Top Investors | T|Y|R.vc, Skyfall Ventures, Scale Capital, RunwayFBU, SINTEF Venture AS |
Elliptic Labs builds an AI software platform that turns devices into virtual smart sensors capable of gesture control and presence detection. Their technology enables manufacturers in the smartphone, IoT, and automotive markets to add these features without requiring dedicated hardware sensors.
| Year Founded | 2006 |
| Founders | Laila Danielsen |
| Funding Amount | $22.5M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Venture Round |
| Top Investors | EASME, Anne Worsoe, Laila Danielsen |
Strise builds an intelligent anti-money laundering (AML) platform that helps organizations automate compliance and detect financial crime. Their AI-driven system provides teams with the necessary tools to move from a cost center to a strategic business enabler.
| Year Founded | 2019 |
| Founders | Marit Rødevand, Patrick Skjennum, Sigve Søråsen |
| Funding Amount | $15.4M |
| Startup Size | Lean Team (11-50) |
| Last Funding Status | Series A |
| Top Investors | Maki.vc, Atomico, Conviction VC, Skyfall Ventures, Curiosity VC |
Ignite provides a strategic procurement platform that gives companies a complete picture of their suppliers and spending. Their software helps businesses reduce costs, mitigate supply chain risks, and manage their carbon emissions.
| Year Founded | 2017 |
| Founders | Børge Langedal, Sigbjørn Nome |
| Funding Amount | $16.4M |
| Startup Size | Mid-Size Team (51-250) |
| Last Funding Status | Series A |
| Top Investors | SNÖ Ventures, MP Pensjon, Investinor, Arkwright X, Skagerak Capital |
Actithera develops molecular radioligand therapies to target and treat diseases. Their approach focuses on creating precision medicines that can deliver radiation directly to cancer cells.
| Year Founded | 2021 |
| Founders | Andreas Goutopoulos |
| Funding Amount | $75.5M |
| Startup Size | Founding Team (1-10) |
| Last Funding Status | Series A |
| Top Investors | Sofinnova Partners, Innovestor, Hadean Ventures, 4BIO Capital, Investinor |
10 Additional Oslo Startups Worth Following
Our top picks are just a glimpse into Oslo's growing startup scene. Founders are building companies across all stages, from early ideas to established businesses.
Many are focused on areas like fintech and energy, and together they have raised over $300 million. Here is a look at more startups that are shaping Oslo's ecosystem.