Hudd faces a funding shortfall
Hudd, a Norwegian social media startup, fell far short of its fundraising target, securing only 300,000 kroner of a planned NOK 40 million round.…
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Demp shuts down despite 'sold-out' production
Demp, the Trondheim startup that made acoustic panels from fungus and wood waste, is shutting down operations despite reporting sold‑out production.
Shifter 1 source No second source matchedLyse Vekst writes down Amina valuations and pauses new investments after roughly NOK 110 million loss over four years
Lyse Vekst has written down values tied to Amina, reporting losses of about 110 million NOK over the past four years, and has put new investments in…
Shifter 1 source No second source matchedAfter Several Pivot Attempts, Founders Choose to Close Breyta
The founders of Breyta have announced they will shut down the company after multiple attempts to pivot the business, citing insurmountable challenges.
Shifter 1 source No second source matchedObos to cut about 200 roles by 2027; venture arm says investments continue
Obos plans to cut roughly 200 jobs by the end of 2027, FinansWatch reported. Obos Venture says its investment activity continues as normal and has…
Shifter 1 source No second source matchedThe Coring Company files for bankruptcy after failed reconstruction
The Coring Company, a developer of software and hardware for mining, has been declared bankrupt after a reconstruction attempt failed. Management…
Shifter 1 source No second source matchedAuditor: Remarkable is heading towards a breach of loan terms
An auditor warns Remarkable is at risk of breaching its loan covenants after a component failure sharply hurt sales; the company obtained a waiver…
Shifter 1 source No second source matchedBeyonder says it needs about NOK 100m by mid-September to continue operating
Beyonder reported a loss before tax of NOK 143 million for 2025 and says it must raise roughly NOK 100 million in new equity by mid-September 2026…
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