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Get to know the investment scene
Photo: Ben Esteves/Unsplash
International financial investors have become more active in investing in Norwegian tech companies in recent years, accelerating the development.
Big ambitions
Norway is transitioning from an oil and gas-dominated economy to a more diversified portfolio including rapid growth in tech. In recent years, several more tech startups have reached unicorn status, such as Gelato, Oda, Cognite.
Norway is repeatedly ranked as one of the best countries in the world to live in, and scoring high on the World Bank’s “Ease of Doing Business” index.
More investment-related news and sources
- Track the latest completed investment rounds on Oslo's Startup Database at Dealroom.
- Invest in Norway (hosted by Innovation Norway) can help if your company is looking to enter Norway.
- Green Visits can help you meet and learn about green and sustainable companies.
- Read more about the seven best reasons for investing in Oslo.
Oslo snapshot
Oslo - the capital of Norway.
Oslo has 700 000 inhabitants, and the Oslo Region has 2.5 million, representing about 43 percent of the national population
40 percent of all of the jobs in Norway are located in the Oslo region, with a focus on knowledge-intensive business services, finance, real estate, commerce, creative industries, health, and various types of personal service ventures.
Oslo has the lowest unemployment among the Nordic countries: approx 4.6 %
Oslo is situated in the southeast part of Norway, just a one-hour flight from both Copenhagen and Stockholm.
Oslo Business Region
The startup community in Oslo is booming and is now home to 5 unicorns. In the last ten years, international growth companies have put Oslo on the map as a capital of innovation and entrepreneurship.
The community is growing quickly, and there is considerable potential for investments in the Oslo ecosystem. Now is the time to make Oslo the place for your next investment!
Check out Oslo Business Region website as well as their Dealroom overview of the startup ecosystem, creating an overview of opportunities for investors and startups alike.
Article: Six unicorns and counting: meet the Norwegian tech stars
Contact:
Tonje Ørnholt
Growth & Funding Manager
Guide to Norway
Six reasons why Norway is a great place to invest:
1: Abundant renewable energy
2: World Class Industries
3: Highly resilient – and yet easy to do business
4: Egalitarian – and highly competitive
5: Member of the European Single Market
6: Great place to live
Read more about how to invest in Norway
Check out the Explorer website, for more green and sustainable solutions from Norway. The Explorer is the official marketplace for green and sustainable technology from Norway.