121 Norway Startups to Watch in 2020

Norway's tech sector is booming. This year’s list of the best 121 Norway tech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.

Last update: January 17, 2020

Norway 10+ employees Fast-growing

European tech moves fast

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Schibsted

Schibsted is a Scandinavian media group with approximately 6,900 employees spread across 29 countries.

Oslo   5001-10000   $632,867,530  

Visma

Visma provides business software and services for accounting and administration.

Oslo   5001-10000   $3,628,252,216  

Tribe

Tribe offers risk & responsability sharing insurance coverage.

Oslo   51-100   $1,000,000  

reMarkable

ReMarkable is a Norwegian tech startup that offers digital paper tablet for reading, writing, and sketching.

Oslo   51-100   $24,000,000  

Crayon

Crayon Group provides software asset management (SAM), cloud and volume licensing and associated consulting services.

Oslo   51-100    

Folio

The bank account that does your accounting for you. On a mission to give entrepreneurs the confidence to start and grow a business.

Oslo     $3,091,622  

FunCom

FunCom is a video game development company that develops and publishes massively multiplayer online games.

Oslo   251-500   $43,501,943  

Disruptive Technologies

Disruptive Technologies is a measurement and data delivery company.

Bergen   11-50   $13,066,021  

Xeneta

Xeneta is the leading ocean freight rate benchmarking and market intelligence platform and index.

Oslo   51-100   $28,685,331  

Spiff

Spiff is a social savings app with a simple mission; help people save money.

Oslo     $1,638,777  

Zwipe

Zwipe is enabling battery-less biometric authentication solutions for payment cards, wearables and beyond

Oslo   11-50   $25,184,313  

Signicat

Signicat is a digital identity service provider (DISP) and one of the leading providers of e-ID and e-signature solutions in Europe.

Trondheim   51-100   $8,770,105  

its learning

its learning develops e-learning platforms and SaaS-based educational for learners and teachers from 3 to 103.

Bergen   101-250   $67,992,528  

Greenbird Integration Technology

Greenbird provides Utilihive, the Operating System for the DIgital Utility and Energy Cloud.

Oslo   51-100   $8,171,136  

Enevo

Enevo is a sales company that collaborates with large and reputable operators.

Trondheim   51-100    

Decisions

Decisions extends Office 365 with a solution to plan, organize and run successful meetings.

Oslo   51-100   $1,309,336  

Thin Film Electronics

Thin Film Electronics deploys anti-counterfeiting and product authentication to protect your brand and your bottom line.

Oslo   101-250   $156,515,250  

Otovo

Otovo is an energy company that offers solar panels and installation services for commercial and residential properties.

Oslo   1-10   $21,733,945  

Graphiq

Graphiq connects companies with high quality graphic designers.

Oslo   101-250   $364,872  

Kolonial

Kolonial.no is the largest online grocer in Norway

Oslo   251-500   $106,042,511  

Swarm64

Swarm64 provides accelerators for relational databases that enable real-time analytics of high velocity data.

Oslo   11-50   $21,241,325  

Fuse

Fuse makes apps development faster, easier and more fun for both designers and developers.

Oslo   11-50   $18,300,000  

Aprila

Aprila Bank is a highly automated niche bank focusing on intuitive on-the-spot financing solutions for small and medium-sized enterprises.

Oslo   11-50   $21,516,133  

No Isolation

No Isolation gathers research and information on loneliness and social isolation for people to educate themselves on the topic.

Oslo   51-100   $10,649,710  

Novelda

Novelda is a sensor company specializing in nanoscale wireless low-power technology for ultra-high resolution impulse radar.

Oslo   11-50   $39,000,000  

Iris

Iris is an AI Science Assistant, helping R&D double productivity when seeking out new opportunities in published research.

Oslo   1-10   $2,500,825  

Ardoq

Ardoq is an Enterprise Intelligence Graph for Compliance, Governance, and Digital Transformation.

Oslo   11-50   $5,328,621  

Chooose

Chooose makes people and companies climate positive.

Oslo     $4,900,000  

Urban Sharing

Urban Sharing is a fleet management platform for shared micromobility.

Oslo   11-50   $12,271,067  

Auka

Auka is the Oslo-based payment technology pioneer behind Settle, a safe and easy way to conduct mobile payments.

Oslo   11-50   $8,611,738  

ayfie Group

ayfie Group offers search and text analytics solutions that bring structure to unstructured data.

Oslo   51-100   $18,000,000  

Huddly

Huddly combines hardware, software and AI to create intelligent vision products for everyone who uses video to collaborate.

Oslo   51-100   $25,050,000  

OptiNose

OptiNose develops nasal drug delivery technologies and combined drug and device therapies.

Oslo   101-250   $251,433,477  

Neptune Software

Neptune Software delivers a leading low-code, rapid app development platform that helps modernize and optimize your business processes

Oslo   11-50   $11,256,692  

The Future Group

Transports the TV studio inside a computer game engine, allowing people in front of the camera to interact with objects in a virtual world

Oslo   11-50   $46,942,468  

Payr

Payr is the next generation mobile banking and product comparison app

Oslo   11-50   $4,193,457  

Documaster

Documaster makes it easy to store, classify and find documents and data.

Oslo   11-50   $17,583,099  

Nabobil

Nabobil.no is a Norwegian peer to peer marketplace for underutilized personal vehicles. Rent by the hour, day, or week or month.

Oslo   1-10   $1,572,101  

mCASH

mCASH is a Norwegian startup company that offers an instant smart mobile payment system.

Oslo   11-50   $7,065,063  

DNV GL

DNV GL is an international certification body and classification society.

Oslo   10001   $49,120  

Neonomics

We help banks innovate like FinTechs and FinTechs scale like banks.

Oslo     $2,267,630  

Exabel

Exabel is the simple-to-use AI & ML platform for active investment managers and financial analysts.

Oslo   11-50   $10,230,000  

Kahoot!

Kahoot! is a game-based learning platform that makes it easy to create, share and play fun learning games or trivia quizzes in minutes.

Oslo   101-250   $58,886,598  

VIBBIO

VIBBIO is a video creation platform for businesses

Oslo   11-50   $2,147,844  

Vev

Web design platform for professionals

Oslo   11-50   $1,056,655  

Norsk Titanium

Norsk Titanium develops manufacturing technology for the production of aerospace-grade titanium structures.

Oslo   51-100   $29,000,000  

CatalystOne Solutions

CatalystOne Solutions is a cloud applications for human capital management.

Oslo     $4,980,413  

Spond

Spond is the best solution to organise your team sport as well as any other type of group activities.

Oslo   11-50   $6,002,040  

JSgenesis

JSgenesis is building a content platform on the blockchain.

Oslo   1-10   $5,804,841  

Inzpire

Platform connecting brands and influential creators

Oslo   11-50   $2,450,859  

Blueye Robotics

Blueye aim to develop and sell the world's finest drone for underwater exploration.

Trondheim   11-50   $6,009,261  

Soundrop

Soundrop is a social music application that enables users to listen, vote, and interact about songs with their friends.

Oslo   11-50   $6,400,000  

Imerso

Imerso is a computer-vision company that challenges the global construction industry with intelligent digital twins of building-sites.

Oslo   1-10   $2,053,142  

Villoid

Villoid offers a shopping app that enables shoppers to find and buy products from a range of brands, and share and follow fashion trends.

Oslo   11-50   $7,256,938  

Abelee

Abelee provides investment services based on adaptive data-driven models and strategies.

Oslo     $8,181,680  

Simp

Simp are building innovative IT solutions for wifisystemer focusing on profitability and experience.

Bergen   11-50   $817,724  

Scrimba

Scrimba is a new format for teaching and learning programming.

Oslo   1-10   $247,627  

FJONG

FJONG is a digital closet that provides limitless access to fashion in an affordable and sustainable way.

Oslo     $1,114,351  

TicketCo

TicketCo is an omnichannel ticketing and sales solution for events and venues.

Bergen   11-50   $11,818,082  

Teston

Teston helps you make better and informed decisions by knowing how the users in your audience experience your product or service.

Oslo   11-50   $2,754,396  

Travis

Travis helps you with travel bills and expense reports.

Bergen   11-50   $353,174  

Confrere

Confrere is a video meeting and conferencing platform for professionals.

Oslo   1-10   $1,691,643  

Unloc

Unloc AI provides more freedom with open doors via sharing digital keys.

Oslo   11-50   $1,200,000  

Unloc

Unloc AI provides more freedom with open doors via sharing digital keys.

Oslo   11-50   $383,174  

Ably Medical

Ably is developing technologies that efficiently integrate patient treatment, practical nursing and medical research.

Oslo     $6,189,906  

Boostcom

Boostcom serves the global shopping centre industry with a customer loyalty platform: The Mall Performance Cloud.

Trondheim   51-100   $11,178,398  

RAd

RAd is a digital video advertising product that connects brands, consumers, and non-profit organizations.

Bergen   11-50    

Dogu

Norwegian Digital Craftsmenship: Dogu specialises in data visualisation on screens and currently operates two SaaS platforms.

Trondheim   11-50   $20,000,000  

Hold

Hold is engaging a generation of digital natives to ‘make it happen’ by rewarding them for putting down their phones.

Oslo   1-10   $550,000  

Lemon

Cleaning services startup.

Bergen   11-50    

GrepS

GrepS - the objective skill analysis to show teams, companies and individual developers where they stand.

Oslo   1-10   $464,953  

OncoImmunity

OncoImmunity is a bioinformatics company based in Oslo, Norway.

Oslo   1-10   $2,553,101  

MESH

MESH is accelerating entrepreneurs and by providing physical and digital platform to meet, work, network and socialise.

Oslo   11-50   $1,874,121  

Axeptia

Axeptia provide expertise and a platform for effective management of your own credit and debt collection portfolio.

Oslo   1-10   $719,740  

Sixty

Sixty AS enables media companies to enhance and innovate their TV solutions to meet consumers need.

Bergen   43840    

Movi

Movi is the worlds most powerful Mobile Video SDK

Oslo   11-50   $1,800,000  

Odfjell Drilling

Odfjell Drilling is a listed international drilling, well service and engineering company

Bergen   5001-10000   $75,000,000  

grogro

Grogro offers fresh and organic prepared food for babies and toddlers.

Oslo   1-10   $110,000  

Capeesh

Capeesh is language learning based on machine intelligence. The software teaches you industry terminology and pronunciation in a fun way.

Trondheim   43840   $400,000  

Nisonic

Nisonic is a medical technology company that develops products that will allow physicians to diagnose and monitor increased ICP.

Trondheim     $1,971,119  

AIMS

AIMS Innovation provides Application Performance Monitoring services.

Oslo   11-50   $2,500,000  

Poption

Poption is a marketplace for campus recruiting – connecting companies and students.

Oslo   1-10   $353,718  

Lucidtech

Lucidtech is a Norwegian company that develops machine learning technology to automate business processes.

Oslo     $605,449  

Xsens

Xsens is based in Bergen, Norway and offers patented technology for measuring flow rates in oil and gas pipelines.

Bergen     $3,030,213  

The Creators Community

The Creators Community is building workspaces for the creators shaping our future.

Oslo   101-250   $6,469,499  

Lawbotics

Lawbotics creates a revolutionary new platform for automating legal documents in a business.

Oslo     $682,178  

Gelato

Gelato Group is focused on the development of cloud solutions that enable printing service providers to manage their businesses.

Oslo   101-250   $29,000,000  

Prepp

Messaging automation that creates awesome employee experiences

Oslo   1-10   $150,000  

SammeVei

SammeVei is the leading ridesharing app in Norway and working on developing a software for the urban commute of the autonomous future.

Oslo   1-10   $521,662  

Correlate

The easy and intuitive tool that integrates with popular services, to help increase your productivity

Oslo   1-10   $1,011,940  

Hunit

Hunit provides tools for professionals to create digitalized investment instruments in markets with no centralized authority

Oslo   1-10   $581,202  

Hjemmelegene

Book a doctor at home and drop the route and waiting room.

Oslo     $1,828,808  

Seaweed Energy Solutions

Seaweed Energy Solutions is a seaweed innovation and business development company.

Trondheim   43840   $2,719,456  

N2 Applied

N2 Applied AS serves as a nucleus for the development of new technologies within the area of nitrogen.

Oslo     $4,159,400  

Headshed

Headshed Cube is a unique combination of CRM and sales tools that make everyday life easier for salespeople.

Trondheim   43840   $570,754  

Moodie

Moodie is an innovative mobile application that combines services and technologies for urban experiences.

Oslo     $938,771  

Sharemy3D

Sharemy3D is a browser-based 3D model viewer empowering e-commerce to easily share 3D models of their products.

Oslo   1-10   $230,379  

LastCall

Last minute tickets for cultural events

Oslo     $493,910  

Way Trafikkskole

Way is digitizing the world of traffic training, using virtual environments and intelligent assessments to make an AI based traffic teacher.

Trondheim   11-50   $4,627,083  

Picterus

Picterus develops and distributes a smartphone app that can diagnose jaundice in newborns.

Trondheim   43840   $200,004  

Mime Petroleum

Mime Petroleum is a new exploration, development and production company focused on the Norwegian Continental Shelf.

Oslo     $300,000,000  

Grunt

Grunt gives PowerPoint powerful new capabilities.

Oslo     $1,871,628  

Ownersroom

OwnersRoom is a fintech startup that allows users to handle all investor related processes with ease.

Oslo     $631,584  

BAD NORWEGIAN

BAD NORWEGIAN is a natural skincare brand from Norway, founded by a former NATO soldier, to offer men simple products and routines.

Oslo   1-10   $600,000  

Domos Labs

Domos Labs is theplatform supports a unified API across all connected device categories, removing significant friction for app developers.

Oslo   11-50   $867,155  

Geddit

Geddit makes it easy to design and build unique, real-world challenges and treasure hunts.

Bergen     $775,679  

Upwave

Upwave is a visual productivity platform that helps modern businesses thrive. Organize, plan, track, collaborate and get things done

Oslo   1-10   $790,786  

APIM Therapeutics

APIM Therapeutics is developing proprietary peptide drugs targeting PCNA (Proliferating Cell Nuclear Antigen).

Trondheim   43840   $3,011,749  

Scatec Solar

Scatec Solar is a fast-growing supplier of photovoltaic (PV) solar energy solutions.

Oslo   101-250   $145,879,242  

Playpulse

Turning physical activity into a genuine video game experience

Oslo   1-10   $266,253  

Lavo

Lavo develops a solution that lets you be notified on your mobile when highlights of the TV show.

Oslo   1-10   $7,696,753  

Eventum

Book venues for corporate and private events online.

Oslo   1-10   $1,782,878  

Age Labs

Age Labs is a molecular diagnostics company focused on reducing the cost of developing drugs by accurately measuring your biological age.

Oslo   1-10   $1,143,515  

Sevendof

Sevendof is a technology startup building a scalable drone service platform.

Trondheim     $1,099,360  

Maindeck

The first platform covering a ship's entire dry-docking process.

Oslo   1-10   $368,016  

Airtight

Airtight is a privately held company that engages in leakage monitoring, measuring and testing activities.

Oslo   11-50   $2,860,578  

Learnlink

Learnlink is a tutoring-student connection service in Norway.

Oslo   1-10   $383,931  

Stingray Marine Solutions

Stingray Marine Solutions is engaged in developing a technology for the removal of sea lice.

Oslo   11-50   $5,256,567  

Versor

Versor develops software necessary for true autonomous drone flight both indoors and outdoors.

Oslo     $300,000  

Outtt

Outtt’s vision is to become the primary service for discovering, accomplishing, and sharing outdoor adventures around the world.

Oslo   1-10   $479,532  

Wheel

Wheel.me helps people improve the way they live and work by enabling everything indoors to move effortlessly on smart wheels

Oslo     $52,651  

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