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The Venture Codex

Arkwright X

Grundingen 2, Oslo, 0250, Norway

Overview

Arkwright X is an early stage VC company focused on B2B tech startups. We combine our venture experience with our network and competencies from management consulting to support outstanding founders that build great companies. We focus on the (pre-) seed stage, but are also open to invest in later rounds. Initial ticket size varies from 0,1-2 mEUR. And we follow-up in subsequent rounds.

Total investments
6
Lead investments
0
Investments · 12mo
1
Active investors
0

Sector focus

  • Information Technology
  • Internet
  • Software
Visit website

Investment portfolio

  • Soolv

    Participated · Seed · Dec 2025

    Soolv is building a recruiting intelligence system designed to help employers fairly and efficiently discover exceptional talent hidden in high-volume applicant pools. The platform ingests résumés, transcripts, interviews, tests and other unstructured sources, then extracts hundreds of structured variables that are correlated with past hiring outcomes. These insights surface patterns human screeners often miss, reducing bias and reliance on gut feelings. Early deployments with leading law, consulting and banking firms report a 90 % reduction in tedious manual screening work while ensuring no strong candidate is overlooked. By automating data extraction and predictive scoring, Soolv aims to give employers a faster, fairer and more data-centric approach to graduate hiring. Fresh pre-seed capital will fund further product development and customer expansion as the company scales its solution.

  • Two

    Participated · Equity · Jul 2025

    Two is an Oslo-based B2B payments platform founded in 2021 that provides instant upfront payments to sellers, flexible net terms for buyers, and AI-driven fraud prevention. Its fully productised infrastructure includes proprietary risk engines Frida and Delphi, a business onboarding solution, and embedded deferred payment features tailored for B2B transactions. The platform has been adopted by more than 200 merchants across the Nordics and Europe and has secured partnerships with Visa, ABN AMRO, Qliro, Avarda, and Wikinggruppen. Two projects more than 150% year-over-year growth in revenue and payment volume for 2025. The company reports rapid adoption across both large enterprises and SMEs and aims to deliver a consumer-like checkout experience for business buyers. The new capital will be used to scale the product and support expansion into the US and select Western European markets. Two builds a digital checkout for B2B net terms, turning paper-driven invoice processes into an instant online purchase flow that underwrites credit, verifies identity, and handles fraud risk. The product offers a no-code solution for small businesses and an API for medium and large merchants to integrate into existing order flows. Two says buyers can complete purchases and be onboarded as customers in about 30 seconds. The company launched its product in Q2 2021 and reports growing 243% quarterly since. Two was founded in 2020 and operates as a remote company with about 70 employees distributed worldwide. Financially, the company has raised a total of €28 million to date.

  • Vind AI

    Participated · Seed · Sep 2024

    Vind AI provides an online, AI-powered tool for the early phases of wind project design up to pre-FEED, aiming to model every eventuality before costly construction begins. The platform enables testing of turbine placement and cabling configurations to maximise energy output and minimise cost while balancing business, social and environmental impacts. Customers include TotalEnergies, RWE and Corio, with Corio highlighting the platform’s speed, flexibility and collaborative features. CEO and co-founder Helene Bøhler says the company aims to become the industry standard for offshore and onshore wind projects and energy storage. Vind AI intends to be a vertical SaaS covering the full wind project lifecycle from design through operation and maintenance. The company will use the funding to reach new customers, further develop the product and grow its team with industry experts, software designers, developers and commercial hires.

  • Tings

    Participated · Equity · Jun 2024

    Tings provides a consumer app that collects and catalogues receipts and product information, using AI to build a digital repository of users' possessions. The service gives users direct access to spare parts, repair services and channels for second-hand sales. Tings is free to use and currently has over 17,000 unique users and 10 employees based in Oslo. The company already collaborates with brands and retailers including Fjällräven, IKEA, Eplehuset and Anton Sport. Management says the funding will be used to further develop existing services and the customer offering. Tings positions itself as an enabler of circular commerce amid incoming EU regulations that will push brands and stores toward repairs and second‑hand sales.

  • Ignite

    Participated · Series A · Jun 2022

    Ignite Procurement offers a data-driven platform for procurement teams to analyse and optimise purchasing decisions, with an emphasis on cost reduction and sustainability. Launched in 2018, the platform has been used to analyse more than $105 billion of purchases. The company reports approximately 150% ARR growth over the last year and has a team of about 60 people, including staff in a recently opened Poland office. CEO Sigbjørn Nome says the product is resilient in tougher economic conditions because it focuses on cost optimisation. Ignite positions itself to benefit from companies’ increased focus on cutting costs amid inflation and global economic uncertainty. Since late 2019, Ignite has raised $11.6 million (per the article).

Team

No current team members are available.