Best Auto Companies in Norway
The 97 best Auto companies in Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Hexagon Purus.
Norway's Auto sector, ranked here by disclosed equity funding and recent funding momentum, is smaller than the headlines suggest. Ninety-seven companies tracked, $105M in total disclosed funding, zero unicorns. That's the honest number.
Hexagon Purus dominates the funding stack at $97M, which means one company accounts for nearly all the capital in the directory. reTyre sits a distant second at $8M. Everyone else? Effectively unfunded on paper, including Kongsberg Automotive, which files zeros despite being a globally recognized supplier. So the question you should be asking isn't who raised the most, but who's building real revenue without visible funding. I'd argue that gap is where Norway's auto story actually lives. Median app install growth across automotive-adjacent platforms is running at roughly 22% year-over-year across 552 tracked apps, and coverage themes are shifting fast toward vehicle sales forecasts and autonomous systems. Regulatory tailwinds around EV adoption are reshaping financing models across markets globally, and Norway, already the world's per-capita EV leader, sits at the center of that structural shift. Altor Equity Partners and Tjuvholmen Group are the names writing the checks here. The directory below is where the capital trail starts.
Ranked: Best Auto companies in Norway
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Hexagon Purus Provider of systems and solutions for clean transportation and energy applications | $97M | 30 mo ago | Public | Morten Holum CEO | 2018 | — | — |
| 2 | reTyre Manufacturer of sustainable tyres | $8M | 5 mo ago | Series A | Alexander Gjørven Co-Founder & COO | 2015 | — | — |
| 3 | Kongsberg Automotive Manufacturer of mobility solutions for commercial vehicles, passenger cars, and more | — | 38 mo ago | Public | Humberto Plais Founder | 1987 | — | 1 internship · 1 partnership · 1 award |
| 4 | Owren Manufacturer of heavy-duty forestry and construction equipment, offering a range of products and solutions… | — | 117 mo ago | Funding Raised | — | 1962 | — | — |
| 5 | Fjell Subsea Products Manufacturer and supplier of ball valves, couplers, hot stabs, subsea panels & other products | — | 144 mo ago | Deadpooled | Kristian Karlsen Managing Director | 2012 | — | — |
| 6 | Centum Finans Aggregator of loan products. | — | 233 mo ago | Series A | — | 2002 | — | — |
| 7 | Auto Askim Operator of car dealership based in Askim, Norway. The company offers new and used as well as related spare… | — | — | Acquired | — | 1937 | — | — |
| 8 | Auto Fornebu Online dealer of used & new cars | — | — | Funding Raised | — | 2014 | — | — |
Top 5 Auto companies in Norway
#1
Series A · Ski, Viken · founded 2015 · 27 employees$8.2Mraised▾
Manufacturer of sustainable tyres. The company specializes in developing and designing innovative, sustainable tyres and production equipment. It focuses on mass-producing sustainable tyres, pushing boundaries through innovation, technology and curiosity. The company integrates state-of-the-art materials with advanced composites and nano-technologies to enhance tyre durability, performance, and efficiency.
- Jan 2026Series A$8.2M
#2
Public · Alesund, More og Romsdal · founded 2018 · 688 employees$96.7Mraised▾
Provider of systems and solutions for clean transportation and energy applications. The company delivers infrastructure for hydrogen high-pressure cylinders, stationary storage, and refueling. It offers high-pressure gas bundles and hydrogen distribution systems. The company also provides hydrogen fuel storage and battery systems, plus vehicle integration.
- Dec 2023Post IPO$96.7M
- Mar 2023Post IPO—
- Feb 2022Post IPO—
#3
Public · Kongsberg, Viken · founded 1987 · 5286 employees—raised▾
Manufacturer of mobility solutions for commercial vehicles, passenger cars, and more. The company provides products and solutions across segments like steer-by-wire, powertrain, and thermal management. It offers fluid transfer and air couplings, along with chassis and driver control systems. The company focuses on sustainability, labor practices, and supply chain management. It also emphasizes environmental performance, community engagement, integrity, and ethics.
#4
Funding Raised · Lillehammer, Oppland · founded 1962 · 21 employees—raised▾
Manufacturer of heavy-duty forestry and construction equipment, offering a range of products and solutions for tree harvesting, cable yarding, and other specialized industries
#5
Deadpooled · Bergen, Vestland · founded 2012 · 16 employees—raised▾
Operator of an innovative technology platform intended to offer engineering products. The company's platform provides ROV and hand-operated stab plates and single-bore connectors, thereby enabling clients to avail products and projects of cost-efficient and standardized quality.
- 2014Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Auto coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding falling · growth falling
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.