Participated · Equity · Jun 2026

Neva Marine builds integrated solutions for lighting, power and control tailored to the aquaculture sector, particularly for deep-drift and submersible fish pens. The Horten-based startup was founded two years ago and is led by CEO Willy Kronborg. The company reports active commercial interest and estimates an order intake exceeding NOK 40 million based on customer signals. Proceeds from the recent NOK 8.66 million capital raise will be used to continue product development, scale production and commercialize offerings in Norway and internationally. Neva Marine has established dialogues and collaborations with several leading players in the industry and aims to leverage its engineering competence to capture market opportunities. The company positions itself for scaling both domestically and into new markets.

Led · Seed · Jun 2026

Surfact develops sensor hardware and cloud-based software for real-time monitoring of temperature-sensitive shipments, tracking temperature, location and deviations across the transport chain. Its solution is currently deployed in 20 countries and has attracted customers such as Vitusapotek, Apotek 1, McDonald's, Posten Bring and BAMA. The company raised just over NOK 20 million in the recent financing to accelerate international growth, with a particular focus on the U.S. market and large global logistics and pharmaceutical clients. Surfact aims for NOK 50 million in annual recurring revenue by 2027 and over NOK 100 million by 2030. Leadership says the firm has built a small but effective team and is seeing strong global demand for its real-time cold-chain monitoring technology.

Participated · Equity · Oct 2025

Nanopower Semiconductor AS is a semiconductor startup focused on designing and commercializing ultra-low-power integrated circuits. Its flagship product, the nPZero IC, reduces energy consumption in electronic devices to levels that make previously impossible battery-powered and energy-harvesting applications feasible. The company intends to use newly secured capital to ramp up commercialization efforts and initiate mass production of the nPZero chip. Funds will also support expansion of its product portfolio to capture additional opportunities in ultra-low-power markets. Management, led by CEO Svein-Egil Nielsen, emphasizes the disruptive and sustainable nature of the technology. The business has attracted a mix of European and Norwegian investors, underlining broad confidence in its market potential. No revenue or user figures were disclosed, but the company is positioning itself for large-scale growth with this latest financing.

Participated · Series B · Jan 2024

1X develops humanoid androids (NEO) and a wheeled enterprise robot (Eve) that use embodied learning and language models to understand natural-language instructions and learn tasks over time. The company originated as Halodi Robotics, was founded ten years ago by Bernt Øivind Børnich, and operates a training facility (The Studio) in Moss, Norway. Its technical work includes a high torque torque-to-weight drive servo motor for soft, organic movement, and Eve has been deployed for industrial tasks such as moving equipment, opening doors and fulfilling orders. In 2022 1X partnered with OpenAI to integrate language and embodied learning models as the robots’ decision-making “mind.” The article notes 1X ships to enterprise customers and lists Sunnass Hospital and Everon (about 250 androids deployed for night guarding) among users, though exact growth figures are unknown. With this funding the company plans to support existing enterprise customers, scale data collection and training for embodied AI, and bring Neo into the consumer market. 1X Technologies is an engineering and robotics company that develops androids capable of human-like movements and behaviours. Founded in 2014, the company has over 60 employees and recently rebranded from Halodi Robotics. Its current products include the wheeled android EVE, and it is developing a bipedal model called NEO. The company says its androids operate at "1x speed" to work alongside people in real-world settings. 1X plans to scale production of EVE in Norway and North America and accelerate development of NEO. The company aims to provide practical, real-world automation to augment labour globally.

Participated · Series A · Mar 2023

1X Holding develops humanoid robots and is preparing to enter the Chinese market through a partnership with two Chinese firms. Zhejiang Zhongjian Technology and Shenzhen Sunrise New Energy intend to invest a combined USD6 million into 1X Holding AS via an overseas special-purpose vehicle. The parties have signed a document of intent but say payment terms and any shareholding ratios for the 1X investment remain subject to further negotiation. The two Chinese partners will also form a joint venture, Shanghai Zhike Robotics, to handle smart-robot sales and operations on the Chinese mainland. The JV has a registered capital of CNY60 million and will be controlled by Zhongjian Tech. Zhongjian will pay CNY36 million for a 60% stake in the JV while Sunrise will invest CNY24 million for the remainder. The arrangement is preliminary and contingent on further negotiation and completion of definitive agreements. 1X develops NEO, a humanoid robot designed to operate in environments built for humans and address global labor shortages. The company emphasizes an Embodied AI offering to give NEO more general-purpose capabilities. 1X has faced skepticism that humanoid systems are over-engineered and that true general-purpose functionality remains further off. CEO Bernt Øivind Børnich said the latest funding will allow the company to offer payouts to its team. The funds will also be used to enhance its Embodied AI product and to execute go-to-market plans for NEO. Total fundraising now stands at $125 million. 1X (previously Halodi Robotics) develops androids designed to perform human-like movements and behaviors for practical, real-world labor augmentation. Its first commercially available model, EVE, is in production with manufacturing scale-up planned in Norway and North America. The company is also developing an upcoming bipedal android model called NEO. Leadership is headed by CEO and founder Bernt Øyvind Børnich. 1X was founded in 2014 and now employs over 60 people globally. Recently announced fundraising indicates the company is securing capital to accelerate product development and manufacturing expansion.