Led · Series A · May 2026

Muybridge develops a software-defined imaging platform that replaces traditional broadcast camera infrastructure with compact arrays of 4K sensors and GPU-powered systems to create virtual camera perspectives in real time. Its platform aims to reduce operational complexity and physical limitations of conventional broadcast production and enable deployment in environments where traditional camera systems are difficult to install. Over the past year the company completed deployments across a range of global sports properties, including European football leagues, the US Open and ATP Tour tennis, the NBA, NHL, PGA Tour golf, rugby and Premier Padel. Muybridge's commercial strategy emphasizes partnerships with technology providers, managed service providers and system integrators. The company also sees potential applications beyond sports in live entertainment, security infrastructure, physical AI and autonomous systems. The recent $16M Series A will fund international expansion, scaling of the commercial organisation, and further development of its imaging technology platform.

Led · Equity · Aug 2025

Squarehead Technology develops technology to detect drones operating in unauthorized areas, including around civilian airports. The company began delivering equipment to the U.S. military in 2017. It received a growth-capital injection from Idékapital that values the company at 490 million kroner post-money. The funding was reported by Finansavisen and described as venture/growth capital. Squarehead has several existing high-profile owners including Norselab, Passesta, Torkap, Haakon Bryhni and Ubon Partners. Founded in 2004 and based in Oslo, the firm’s new valuation represents a substantial increase from prior rounds.

Led · 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.

Participated · Series A · Apr 2025

Pistachio is an Oslo-based automated awareness training platform that delivers AI-powered, personalized cybersecurity training and simulated attacks to employees via email, Slack, or Microsoft Teams. Founded in 2019 and rebranded from CYBR in 2023, the platform runs autonomously and tailors simulations and feedback based on individual user behavior and learning patterns. The company reports a presence in 16 countries, users across 99 countries, and over 600 corporate customers, including the University of St Andrews and The RiskPoint Group. With fresh capital from its Series A, Pistachio plans to scale its AI capabilities and expand its engineering and sales teams. A new office in Valencia marks the start of physical expansion across Europe, with North America next in line. The product aims to move organizations from static, compliance-driven training to continuous, intelligent risk mitigation embedded in daily tools. Pistachio (formerly CYBR) provides a platform that uses artificial intelligence to assess each employee’s security strengths and weaknesses through simulated cyber attacks. After creating an individual profile, the platform sets up a fully individualized security training program and continues simulated attacks until an employee’s training reaches a satisfactory level. The company intends to use new funding to accelerate growth into new European and North American markets. Pistachio reports an MRR of €60,000, serves over 100 customers across eight European countries, and has 26 employees. The business is led by co-founder and CEO Mohammed Awais. To date, the company has raised €5.4M in total.

Led · Equity · Jun 2023

Kongsberg Digital provides an end-to-end Industrial Work Surface that lets customers plan, carry out and complete tasks inside a unified worksurface and deploy digital twins across assets. The company focuses on energy, marine and renewable sectors and offers solutions for carbon capture and storage, net-zero initiatives, voyage optimisation, emissions reduction and grid balancing. It is a subsidiary of Kongsberg and was established in 2016. Kongsberg Digital says it has gone live with assets globally and has more than 40,000 users of its digital solutions. The company recently signed large enterprise agreements with Shell, Chevron and a contract to digitalise MSC’s ~500-vessel fleet, underscoring commercial traction. Financially, it has raised $90M (nearly €84.17M) in a fresh round and is valued at about $540M (≈€505M).