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Invest in the Oslo region
Looking for investment opportunities? Consider Oslo and the companies located here and you will invest in a better future.
Photo: Ben Esteves/Unsplash
Have you visited Oslo lately? It's impossible to not notice the large cranes building brand new city districts, the redevelopment of properties along the harbor, which are spiced up with the openings of world-class museums, such as the Munch museum and the new National Museum. But it is not only city development that's exciting in Oslo at the moment, but also our investment opportunities that are booming.
đĄBe inspired by four investment-ready sectors in Oslođ
We want to highlight four sectors that have great potential for your investment.
Read more about Health, Green Energy, Applied AI, and Green Tech, Industrial Software & Research opportunities. Suggested sectors, clusters and companies are listed in the articles.
International financial investors have become more active in investing in Norwegian tech companies in recent years, accelerating the development.
Did you know?
Norway is transitioning from an oil & gas-dominated economy to a more diversified portfolio including rapid growth within the tech ecosystem. 2021 was a remarkable year in Norway, with three new companies reaching unicorn status (Gelato, Oda, Cognite), with a total of 6.
More money was invested in Norwegian tech companies in 2021 than ever before. A significant increase in private rounds, up almost 40% from last year to a record high 301 funding rounds. The accumulated funding amount increased even more, up 260% to a record high of 17.5BNOK.
Norway is repeatedly ranked as one of the best countries in the world to live in, and scoring high on the World Bankâs âEase of Doing Businessâ index.
More investment-related news and sources
- Track the latest completed investment with the Oslo Startup Database at Dealroom.
- More info, links, and tips can be found on Oslopolitan's pages on investment opportunities, and feel free to let us know if there is anything we can help with.
- Invest in Norway (hosted by Innovation Norway) can help if your company is looking to enter Norway.
- Green Visits can help you meet and learn about green and sustainable companies in our region.
- Read more about the seven best reasons for investing in Oslo.
What about Oslo?
Oslo - the capital and biggest city in Norway.
Oslo has close to 700 000 inhabitants, and the Oslo Region has 2,5 million.
43 percent of the Norwegian population lives in the region.
47 percent of all companies in Norway are based in the Oslo region.
66% increase of scaleups between 2010-2019.
In 2020-21, Oslo was the 33rd most visible city globally.
40 percent of all of the jobs in Norway are located in the region, with a focus on knowledge-intensive business services, finance, real estate, commerce, creative industries, health, and various types of personal service ventures.
Oslo is situated in the southeast part of Norway, just a one-hour flight from both Copenhagen and Stockholm.
Lowest unemployment among the Nordic countries: 4,6 %
Oslo Airport is the second busiest airport in the Nordics (pre-Covid and busiest during COVID).
Invest in Green Energy
â We are rapidly becoming large in the renewable energy sector and I believe Oslo will be an energy capital in the future
Preben Strøm is the managing director for Energy Valley, a Norwegian center of expertise for energy technologies. They work as a national instrument for the Norwegian Government and for the industry to accelerate the energy transition and help members become more competitive and find new business opportunities in a changing market. We asked him about the investment opportunities in the energy sector right now.
Read the article or see the video
Contact:
Preben Strøm
Managing Director
Energy Valley
Invest in Applied AI
â Itâs an exciting time to tap into the ecosystems of AI in Norway
Marianne Jansson Bjerkman is the Cluster Manager for Cluster for Applied AI, a new business cluster that is focusing on the adoption of AI in Norway. Here are some of her tips to European investors considering the Norwegian market.
Read the article or see the video
Contact:
Marianne Bjerkman
Head of Cluster
Cluster of Applied AI
Invest in Health
â In Norway you have a system set for high growth in research and innovation
Jeremy McCrohan is a busy guy. He is currently the Head of IR in Norway Health Tech, Head of Operations for the NHIN, CFO of PubGene, and works a lot with investors and companies within health in both Norway and abroad. In other words, he is the perfect guy to give some advice to European investors considering the Norwegian market.
Read the article or see the video
Contact:
Jeremy McCrohan
Head of Investor Relations
Norwegian Health Investment Network
Invest in Green Tech & Research
â Many of the Norwegian institutes are in the lead when it comes to finding new solutions to batteries, hydrogen and solar energy
Anne Strømmen Lycke is the CEO of the Norwegian research institute NORSAR. She believes that the institute sectorâs main goal is to listen to and monitor the Earth to create a safer society. The sector is currently doing research for the industry, and are at the very applied end of research projects. Anne has gathered some tips to investors looking to invest in the Norwegian institute sector.
Read the article or see the video
Contact:
Anne Lycke
CEO of NORSAR
I think about a city
I'm thinking about Oslo...
Oslo Business Region
The startup community in Oslo is booming and is now home to 5 unicorns. In the last ten years, international growth companies have put Oslo on the map as a capital of innovation and entrepreneurship.
The community is growing quickly, and there is considerable potential for investments in the Oslo ecosystem. Now is the time to make Oslo the place for your next investment!
Check out Oslo Business Region website as well as their Dealroom overview of the startup ecosystem, creating an overview of opportunities for investors and startups alike.
Article: Six unicorns and counting: meet the Norwegian tech stars
Contact:
Tonje Ărnholt
Growth & Funding Manager
Industry opportunities in Norway
Innovation Norway and Invest in Norway is promoting specific industry opportunities within Data Centers, Battery Tech, Green Industry, Life Sciences, Ocean Tech, Digitalisation, Travel and Tourism.
In Oslo there are many sectors that we could highlight, but below comes four we want to showcase as unique and promising investment opportunities.
- Health
Reach out if you want tips for other sectors or contact with specific municipalities in the Oslo region.
Guide to Norway
Six reasons why Norway is a great place to invest:
1: Abundant renewable energy
2: World Class Industries
3: Highly resilient â and yet easy to do business
4: Egalitarian â and highly competitive
5: Member of the European Single Market
6: Great place to live
Read more about how to invest in Norway
Check out the Explorer website, for more green and sustainable solutions from Norway. The Explorer is the official marketplace for green and sustainable technology from Norway.