Investinor focus on companies in the early stage and expansion stage. Investinor has a very diversified portfolio. Among its 35 portfolio companies you can find software, hardware, IoT, fintech, life science, medtech, cleantech, blue biotech (marine biotech), oiltech and more. The company should also have a plan for how to comply with the guidelines for social sustainability.

Experience

Investinor has been the largest and most active venture capital investor in Norway since its vintage year in 2009 and was made to create more versatile investment, including sectors that are not prioritized by private investors. Since then, more than one third of the total capital invested in Norway by members of the European Venture Capital Association (EVCA) has come from Investinor.

How much do they invest?

In total, they are investing 4,2 billion NOK. 500 million NOK are earmarked marine industries and 500 million NOK for investments in the forestation industry. Investinor’s funding depends on the business need for capital, and can vary between a couple of hundred thousand to millions of NOK. Investinor’s smallest investment is approximately EUR 100k, the largest is MEUR 22, the typical investment is a B or C round of 2-10 MEUR.

Investinor always syndicates its investments with other co-investors, typically venture funds or business angels.

This makes a difference to them

Investinor look for companies and teams that have ambition. The company only invests in Norwegian companies, or companies with links to Norway, e.g. Norwegian entrepreneurs living abroad, spin offs or carve outs from Norwegian companies. They need to create value for Norway and be sustainable. It is also important that your idea or business model is somehow unique and actually can be realized. It is expected that the you typically by 3-7 years will have exit and positive cash flow. Value creation for Norway is an important factor.