RunwayFBU
John Strandruds vei 10, Fornebu, Akershus, 1360, Norway
Overview
We are ready to invest capital from our fund today. With a team experience of investing and supporting more than 200 tech startups over the last decades, we understand the challenges of a tech startup and how to facilitate and support successful entrepreneurs throughout your journey. At Fornebu, Norway, we are building a cutting edge tech hub that will host and support tech entrepreneurs. As part of the tech hub you will be able to access a competent industry network and a community of mentors, investors, partners, and advisors. This ecosystem is ready to provide you with opportunities to get your first pilot customer, help build your advisory network, access deals & offers from partners, and build a supportive community around you. Collaborating with other tech hubs, incubators and co-investors is an integral part of our strategy to help you succeed.
- Total investments
- 14
- Lead investments
- 4
- Investments · 12mo
- 4
- Active investors
- 8
Sector focus
- Construction
- Energy
- Industrial
- Information Technology
- Software
Investment portfolio
- Muybridge
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.
- OTee
Participated · Seed · May 2026
OTee develops a software-defined control platform that replaces traditional PLC hardware by running safety-critical control systems on open, off-the-shelf hardware. Its engineering platform is designed for designing, deploying, and managing virtual control systems using open architecture and standards, aiming to remove vendor lock-in and lower costs. The company positions itself against established PLC vendors by emphasizing openness and open integration. OTee targets energy, utilities, and manufacturing customers and plans to expand internationally using proceeds from its seed round. At the time of the raise it had 21 employees from 13 countries. The company raised €5.3 million in seed funding led by North Ventures to accelerate product development and market expansion.
- AirHub
Participated · Series A · Apr 2026
AirHub builds the AirHub Drone Operations Center, a centralized platform that enables organizations to plan, coordinate, and monitor drone missions with live video feeds, compliance workflows, and real-time operational oversight. The company targets mission-critical deployments in defense, law enforcement, border protection, infrastructure security, and commercial inspection. AirHub has commercial customers including Dubai Police, Belgian Federal Police, Securitas, Shell, and ProRail, demonstrating traction across public safety and industrial use cases. With the Series A, AirHub plans to expand its international team, further develop its core platform, and launch two additional products: MilHub for defense environments and SecHub for broader security and counter-drone capabilities. The company positions itself as a European software backbone for secure, scalable drone operations in high-stakes environments.
- W•SENSE
Participated · Series B · Oct 2025
Founded in 2017, WSense is an Italian ocean-technology company commercialising a patented underwater wireless communication system that functions as subsea Wi-Fi. Its Internet of Underwater Things (IoUT) platform lets heterogeneous sensors and autonomous vehicles from multiple vendors interconnect, enabling large-scale, real-time monitoring of marine ecosystems, infrastructure integrity, and environmental conditions. The technology is being applied to underwater infrastructure inspection, environmental tracking, and robotic networks that support the energy transition. Led by CEO and Sapienza University professor Chiara Petrioli, the company employs over 80 engineers and researchers. WSense maintains offices in Italy, Norway, and the UK, with additional staff in France and the UAE. Including the latest financing, it has secured more than €25 million in total funding to date, which it is using to accelerate product development and international expansion.
- IPercept
Participated · Equity · May 2025
IPercept develops a patented data collection and analysis method and a predictive AI platform that enables manufacturers to monitor machine health without system integrations or cybersecurity risks. Its platform collects and analyzes machine data without modifying existing infrastructure, allowing rapid deployment and delivering actionable insights within days. The company is led by CEO and Founder Karoly Szipka. IPercept raised €5M in funding in a round led by Luminar Ventures. It plans to use the funds to accelerate expansion into key European manufacturing hubs, scale customer deployments, and grow its team to meet increasing demand. The company is based in Stockholm, Sweden.