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Idekapital

Europe, Oslo, Norway, Oslo

Description

Idekapital is a prominent Norwegian venture capital firm, strategically focused on investing in rapidly growing technology companies primarily within Norway. Established with a clear mandate to foster local innovation, the firm targets promising startups and scale-ups across various sectors, including B2B SaaS, fintech, proptech, and industrial technology. Idekapital typically engages with companies from the seed to growth stages, providing not just capital but also strategic guidance and operational support to help them scale globally. Their deep understanding of the Nordic tech ecosystem positions them as a key player in the region's venture landscape.

The firm's investment philosophy centers on identifying companies with strong, ambitious teams, defensible technology, and significant market potential. They seek businesses that demonstrate clear product-market fit and a path to international expansion. Idekapital is known for its hands-on approach, leveraging its extensive network and operational expertise to assist portfolio companies with recruitment, business development, and subsequent fundraising rounds. This active engagement underscores their commitment to building long-term value and accelerating the growth trajectories of their investees.

Idekapital has successfully raised multiple funds, demonstrating robust investor confidence and a growing capacity to deploy significant capital. Their most recent fund, Idekapital III, closed at an impressive NOK 2.2 billion (approximately $200 million USD), significantly bolstering their ability to support Norwegian tech champions. Across their funds, Idekapital has invested in over 30 companies, contributing to the vibrant growth of the Norwegian tech scene. Notable successes include their early investment in Spacemaker, an AI-powered architectural design software company that was acquired by Autodesk, showcasing Idekapital's ability to identify and nurture companies with global exit potential. Their substantial capital base and proven track record make them a formidable partner for Norwegian technology companies aiming for rapid expansion.

Investor Profile

Idekapital has backed more than 32 startups, with 2 new investments in the last 12 months alone. The firm has led 11 rounds, about 34% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Norway, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Innovation Management.
  • Typical check size: $900K – $5M.

Stage Focus

  • Seed (31%)
  • Series Unknown (22%)
  • Series A (19%)
  • Private Equity (16%)
  • Series C (3%)
  • Series B (3%)
  • Pre Seed (3%)
  • Undisclosed (3%)

Country Focus

  • Norway (94%)
  • United Kingdom (6%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Innovation Management
  • Information Technology
  • Robotics
  • Product Design
  • Retail
  • Saas
  • Security
  • Machine Learning
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Idekapital frequently co-invest with?

Co-Investments: 2
Ferd
Europe, Akershus, Norway, Lysaker
Co-Investments: 2
N
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Norselab
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Bertel O Steen Kapital
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Fusion Fund
North America, California, United States, Palo Alto
Co-Investments: 2
J12
Europe, Stockholms Lan, Sweden, Stockholm
Co-Investments: 2
OpenOcean
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
Serra Ventures
North America, Illinois, United States, Champaign
Co-Investments: 1
Investinor
Europe, Sor-Trondelag, Norway, Trondheim
Co-Investments: 2

What are some of recent deals done by Idekapital?

Two

Oslo, Oslo, Norway

Two is a fintech startup that is building something akin to buy now, pay later for B2B purchases.

B2BE-CommerceFinancial ServicesFinTechPayments
Series AJul 11, 2025
Amount Raised: $15,171,124
Pistachio

Oslo, Oslo, Norway

Pistachio is an AI cybersecurity awareness training platform that offers users preparation and response to cybersecurity threats.

Corporate TrainingCyber SecuritySaaSTraining
Series AApr 29, 2025
Amount Raised: $7,000,000
Muybridge

Fornebu, Akershus, Norway

Muybridge is a imaging platform that develops software and sensors for cameras.

Information TechnologyPhotographySoftware Engineering
Series UnknownOct 11, 2024
Amount Raised: $8,754,488
Simplifai

Oslo, Oslo, Norway

Simplifai is an Artificial Intelligence company that provides claims handling, document handling, and debt collection.

Artificial Intelligence (AI)InsurTechMachine LearningSoftware
Series UnknownMay 7, 2024
Völur

Oslo, Oslo, Norway

Völur is an AI-based technology company that optimizes the cutting and processing of sustainable meat.

Artificial Intelligence (AI)Food ProcessingMachine Learning
SeedApr 4, 2024
Amount Raised: $2,850,000
Kongsberg Digital

Lysaker, Akershus, Norway

Kongsberg Digital utilizes rapid digital advances to provide customers more efficient operations.

Information Technology
Series UnknownJun 1, 2023
Amount Raised: $90,000,000
wheel.me

Oslo, Oslo, Norway

wheel.me transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form.

Artificial Intelligence (AI)Innovation ManagementProduct DesignRetailRobotics
Private EquityApr 28, 2023
Amount Raised: $14,072,056
Appfarm

Oslo, Oslo, Norway

Software, SaaS, Mobile App, aPaas, PaaS

PaaSSaaSSoftwareWeb Apps
SeedMar 6, 2023
Amount Raised: $5,760,236
Favrit

Oslo, Oslo, Norway

Favrit provides increased sales, reduced costs, and simplifies all administration.

Food and BeverageHospitalityRestaurants
Series UnknownJan 1, 2023
Amount Raised: $4,000,000
Völur

Oslo, Oslo, Norway

Völur is an AI-based technology company that optimizes the cutting and processing of sustainable meat.

Artificial Intelligence (AI)Food ProcessingMachine Learning
SeedNov 1, 2022
Amount Raised: $3,024,705