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RunwayFBU

Europe, Akershus, Norway, Fornebu

Description

RunwayFBU is an early-stage venture capital fund strategically located in Fornebu, Norway, with a clear mandate to invest in software-driven technology companies. The fund primarily targets ambitious entrepreneurs across the Nordic region and broader Europe. Backed by prominent Norwegian industrial companies Aker and Ferd, RunwayFBU leverages a strong institutional foundation to support its portfolio companies, aiming to foster innovation and growth within the European tech ecosystem.

RunwayFBU's investment strategy is characterized by its early-stage focus and a hands-on approach. The fund typically provides first cheques ranging from $250,000 to $1.5 million, indicating a commitment to foundational rounds that can significantly impact a startup's initial trajectory. With a fund size of approximately $30 million (NOK 300 million), RunwayFBU is well-positioned to make meaningful initial investments and participate in follow-on rounds for its most promising ventures, ensuring sustained support as companies scale.

Beyond capital, RunwayFBU emphasizes its role as an active partner, offering operational support, strategic guidance, and access to a valuable network of industry experts and potential customers. This value-add is crucial for early-stage companies navigating complex growth challenges. Their portfolio currently includes over 20 companies, reflecting an active investment pace and a diverse range of software solutions. RunwayFBU's commitment extends to helping founders build robust businesses, not just providing funding, making them a significant player in the Nordic and European early-stage venture landscape.

Investor Profile

RunwayFBU has backed more than 22 startups, with 6 new investments in the last 12 months alone. The firm has led 5 rounds, about 23% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series Unknown rounds (top funding stages).
  • Majority of deals are located in Norway, Italy, Germany.
  • Strong thematic focus on SaaS, Software, Information Technology.
  • Led 1 rounds in the past year.
  • Typical check size: $250K – $1.5M.

Stage Focus

  • Pre Seed (41%)
  • Seed (27%)
  • Series Unknown (18%)
  • Series A (5%)
  • Angel (5%)
  • Series B (5%)

Country Focus

  • Norway (82%)
  • Italy (9%)
  • Germany (5%)
  • Sweden (5%)

Industry Focus

  • Saas
  • Software
  • Information Technology
  • Telecommunications
  • Internet Of Things
  • Infrastructure
  • Analytics
  • Wireless
  • Cleantech
  • Industrial Automation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does RunwayFBU frequently co-invest with?

Startuplab
Europe, Oslo, Norway, Oslo
Co-Investments: 4
Axon Partners Group
Europe, Madrid, Spain, Madrid
Co-Investments: 2
DNV
North America, South Carolina, United States, Norway
Co-Investments: 1
Vestland Group
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Innovation Norway
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Skyfall Ventures
Europe, Oslo, Norway, Oslo
Co-Investments: 2
Swen Capital Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 2
CDP Venture Capital
Europe, Lazio, Italy, Rome
Co-Investments: 2
Blommenholm Industrier
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Seetee
North America, South Carolina, United States, Norway
Co-Investments: 1

Which angels does RunwayFBU often collaborate with?

KB
Europe, England, United Kingdom, London
Shared Deals: 1
GE
Europe, Oslo, Norway, Oslo
Shared Deals: 1
OS
Europe, Oslo, Norway, Oslo
Shared Deals: 1
TR
Europe, Oslo, Norway, Oslo
Shared Deals: 1
SL
Europe, Oslo, Norway, Oslo
Shared Deals: 1

What are some of recent deals done by RunwayFBU?

IPercept

Stockholm, Stockholms Lan, Sweden

Each machine decision made better.

IndustrialIndustrial AutomationInternet of ThingsMachinery ManufacturingPredictive Analytics
SeedMay 5, 2025
Amount Raised: $5,667,707
W•SENSE

Roma, Lazio, Italy

W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions.

Internet of ThingsTelecommunicationsWireless
Series BApr 15, 2025
Amount Raised: $8,153,568
Muybridge

Fornebu, Akershus, Norway

Muybridge is a imaging platform that develops software and sensors for cameras.

Information TechnologyPhotographySoftware Engineering
Series UnknownOct 11, 2024
Amount Raised: $8,754,488
Phantasma Labs

Berlin, Berlin, Germany

Phantasma Labs is helping self-driving cars understand humans better.

Artificial Intelligence (AI)AutomotiveAutonomous Vehicles
Series UnknownOct 7, 2024
Sonair

Oslo, Oslo, Norway

Make your autonomous robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor

AutomotiveInformation TechnologyRoboticsSensor
Series UnknownOct 7, 2024
Amount Raised: $1,600,000
Cardboard

Oslo, Oslo, Norway

Cardboard's strive is to make SaaS subscription management smarter and more efficient for enterprises.

PaymentsSaaSSoftware
SeedAug 27, 2024
Amount Raised: $2,123,565
Fortifai

Oslo, Oslo, Norway

Fortifai fast-tracks continuous Environment, Social, and Governance (ESG) compliance.

AnalyticsInfrastructure
Pre SeedJun 25, 2024
Amount Raised: $537,610
OTee

Oslo, Oslo, Norway

OTee specializes in the development of industrial automation software.

Industrial AutomationMachinery ManufacturingManufacturing
Pre SeedFeb 5, 2024
Amount Raised: $1,342,650
Plaace

Oslo, Oslo, Norway

Plaace helps retail property owners, tenants, and brokers to define strategies, match candidates, and collaborate through data analytics.

AnalyticsReal EstateSaaSSoftware
SeedJan 12, 2024
Amount Raised: $970,314
W•SENSE

Roma, Lazio, Italy

W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions.

Internet of ThingsTelecommunicationsWireless
Series AOct 23, 2023
Amount Raised: $9,603,585