Norskin Materials is a Bodø-based startup that has developed an industrial process for extracting marine gelatin from salmon skins, converting aquaculture waste into a high-performance binder for industrial applications. The product is positioned as a sustainable, circular alternative to traditional petroleum-based binders, addressing a global market valued at several billion euros. Over the past three years, the team has worked closely with customers to co-develop the binder and now reports an established customer base with estimated demand of 100,000 tonnes. The company achieved profitability for two separate months in the recent autumn, marking an early commercial milestone. Management sees the binder segment as its primary growth area and believes tightening regulations are driving demand for greener solutions. Investors highlight the combination of a large, regulation-driven market and demonstrated industrial demand as key investment drivers.

Total raised

$0M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2026