Between 2021 and 2022, we invested in several Nordic startups. Here is a selection.
Portfolio
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NoFence
Agritech / Environment
To feed the world, protect biodiversity and prevent land degradation, soil improvement will be one of the most critical shifts in agriculture. Ruminants, under the correct management, are essential – virtual fencing technology makes this possible. Nofence is the worlds first commercial virtual fencing solution for livestock, where the animals are controlled by GPS-collars and an app. NV invested in Nofence in 2021.
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NV invested in Nofence in 2021.
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Vignita
EdTech
Vignita brings together all forms of training in one platform. They connect companies with experts and technology so that they can effectively collaborate on training professionals. It is used for onboarding, corporate training, compliance, up-skilling and re-skilling. NV invested in 2022 and contributed with capital and the NV Full Potential Plan. NV also holds a seat in the board.
Founding team: Mariann Ertresvåg and Øystein BarhaugshøgdaVisit website
Founding team: Mariann Ertresvåg and Øystein Barhaugshøgda
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BioFeyn
Biotech / Environment
BioFeyn is a Boston-based, Norwegian-backed biotechnology company pioneering new forms of nutrient delivery to improve efficiencies in salmon farming and other sustainable nutrition markets. NV invested in 2022, and contribute with capital and with the NV full potential plan.
Founding team: Timothy Bouley and Marie-Christine Imbert
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Founding team: Timothy Bouley and Marie-Christine Imbert
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Frid
Fintech / Financial inclusion
AI based app, challenging traditional bank structures and helping consumers in the Nordics to get a better overview over their personal economy. NV were invited on board due to our extensive competence in 2021. NV took position as Chair of the board, in addition to contributing with capital and the NV Full potential plan including GTM strategy and investor readiness.
Founding team: Erik Harstad, Espen Ellevseth and Guro Sollien Eriksrud.
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Founders: Erik Harstad, Espen Ellevseth and Guro Sollien Eriksrud.
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indyRIOT
Edtech
indyRIOT is a white-label community platform, that is built specifically to create exciting, engaging and safe, online experiences. Companies no longer want to force members of their communities onto the social media platforms that abuse and sell personal data and that also lack appropriate user and content safety controls. indyRIOT offers companies to take back their data and to own their own communities.
Founders: Kimberly Larsen and Lasse Andresen.
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Founders: Kimberly Larsen and Lasse Andresen
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StartUp Lab
Tech
StartupLab Founders Fund was initiated by StartupLab together with a group of successful entrepreneurs. Our common bond is that we are all triggered by the idea of getting ambitious talent off the ground. The group of founders represent an accumulated network and insight that has proven immensely valuable to the StartupLab community. North Venture is an investor in StartupLab´s Founders Fund.
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North Venture is an investor in StartupLab´s Founders Fund.