Our starting point
Norselab is an investment manager dedicated to backing meaningful growth companies. Their first fund, Norselab Meaningful Equity I, was established in 2020, with the ambition to create both long-term positive capital returns and net positive impact through investments and extensive involvement in a portfolio of meaningful companies.
In 2021, Norselab revealed plans for expanding its activities well beyond Norway’s borders and is currently preparing for the launch of a series of fund initiatives.
Norselab as an investment manager was brought to life by the pre-existing Norselab team; since 2015, they focused on co-founding and seed investments.
The new fund structure benefits from several favorable trends in the Norwegian venture landscape:
- There is a booming startup scene in Norway, fueled by tech-savvy, purpose-seeking talents that were previously tied down by heavy industries such as oil and gas.
- There is a clear gap in the market. Norway offers very few capital players capable of funding and accompanying tech companies through scale-up and growth.
This means that - even though Norway offers plentiful high-potential startups with an impact - they have scarce chances of finding investors that can help them grow and gain attractiveness among international VC players. Norselab’s ambition is to become a leading impact investor in the Nordics and beyond. To achieve this ambition, we will invest in the most promising companies from the grassroots in the Nordic startup ecosystem and bridge the gap to larger, international venture capital environments.
The Norselab team has vast entrepreneurial experience, showcasing a strong track record of building, scaling, and growing technology companies. With its several funds, Norselab is here to help other entrepreneurs overcome the hurdles of the growth phase, setting them up for success in the global marketplace.