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Norway’s RunwayVC reaches €40 million first close for Fund II to back industrial technology startups

RunwayVC has announced a €40 million first close for its second fund, targeting early-stage industrial technology startups. The fund is supported by several prominent investors, highlighting increased interest in industrial innovation.

Nordic Startup News desk Based on reporting by EU-Startups Norway · 2 source references
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RunwayVC has announced a €40 million first close for its second fund, which is aimed at supporting early-stage companies in industrial technology sectors such as AI, robotics, and automation. The fund's first close demonstrates a strong commitment to backing innovative startups in these areas.

Aker, which was a sole limited partner in Fund I, continues as a cornerstone investor in Fund II. The new limited partners include Halliburton, Aker BP, and Aker Solutions, alongside the largest pension company in Norway, KLP, and state-owned Investinor. This diverse backing indicates robust support for industrial technology advancements.

The successful first close sets the stage for RunwayVC to further invest in transformative companies, contributing to the ongoing technology shift in the industry.

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E EU-Startups Norwayeu-startups.com Shiftershifter.no
EU-Startups Norway Open source

Norway’s RunwayVC reaches €40 million first close for Fund II to back industrial technology startups

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ShifterNO source · English rendering Open source

Norway’s RunwayVC reaches €40 million first close for Fund II to back industrial technology startups

The available publisher preview does not add detail beyond this brief. Open the original report for its full context.

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  1. Event update

    RunwayVC reaches NOK 400 million first close for second industrial tech fund

    The review connects these reports to the same identifiable event. The source excerpts show the basis for the connection.

    Shifter
    Why linked? View evidence
    Norway’s RunwayVC reaches €40 million first close for Fund II to back industrial technology startupsRecorded source excerpt · original wording
    RunwayVC , a Norwegian early-stage venture firm, has reached a €40 million first close for Fund II, targeting early-stage companies across industrial AI and software, robotics, automation and autonomous systems. Aker was the sole LP in Fund I and continues as a cornerstone investor in Fund II. New LPs in Fund II include Halliburton, Aker BP and Aker Solutions, alongside KLP, Norway’s largest pension company, and stat
    EU-Startups Norway ↗
    Norway’s RunwayVC reaches €40 million first close for Fund II to back industrial technology startupsRecorded source excerpt · original wording
    RunwayVC , a Norwegian early-stage venture firm, has reached a €40 million first close for Fund II, targeting early-stage companies across industrial AI and software, robotics, automation and autonomous systems. Aker was the sole LP in Fund I and continues as a cornerstone investor in Fund II. New LPs in Fund II inc...
    EU-Startups Norway ↗
    RunwayVC reaches NOK 400 million first close for second industrial tech fundRecorded source excerpt · original wording
    RunwayVC har sikret 400 millioner kroner i første lukking av sitt andre fond for tidligfase industritech. Aker, KLP, Investinor og Halliburton er blant investorene. Aker leder runden, men KLP, Investinor, Halliburton og flere industrifamilier er også med.  RunwayVC har gjennomført første lukking av sitt andre f...
    Shifter ↗
    RunwayVC reaches NOK 400 million first close for second industrial tech fundRecorded source excerpt · original wording
    RunwayVC henter 400 millioner til nytt industrifond
    Shifter ↗
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