Best Chemicals and Materials Companies in Norway
The 63 best Chemicals and Materials companies in Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Norwegian Crystals.
Our analysis of 234 Chemicals and Materials companies
$21.9b in tracked funding; 57% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Chemicals and Materials companies in Norway
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Norwegian Crystals Manufacturer of mono-crystalline silicon crystals | $21M | 90 mo ago | Deadpooled | — | 2012 | — | — | — |
| 2 | Funzionano Developer of hybrid polymer technology | $3M | 96 mo ago | Seed | Morten Eikenes CEO | 2015 | — | 6 patents Flame‑retardant polymer additives and surface‑treated inorganic particles for fire‑safety applications. | — |
| 3 | TioTech Manufacturer of titania nanoparticles | $113K | 82 mo ago | Funding Raised | Anders Teigland CEO | 2005 | WebflowApple iCloud MailMicrosoft 365+9 | 29 patents TiO2-based photocatalytic particles and battery electrode materials for energy storage | — |
| 4 | Vianode Manufacturer and supplier of anode material & synthetic graphite products | — | 14 mo ago | Acquired | Burkhard Straube CEO | 2021 | Apple iCloud MailMicrosoft 365Node.js+17 | 18 patents Advanced carbon particle agglomeration, surface modification, and recycled graphite for battery anodes | 1 partnership |
| 5 | Hydro Provider of aluminium exploration services | — | 30 mo ago | Public | Nils Bouveng Founder | 1905 | Optimizely Content ManagementApple iCloud MailMicrosoft 365+20 | — | 1 partnership · 1 award |
| 6 | Jotun Manufacturer of paints and coating materials | — | 38 mo ago | Funding Raised | Morten Fon CEO & President | 1926 | ReactNginxAzure+18 | 476 patents Advanced marine and industrial protective coatings, including antifouling and wind turbine paints. | — |
| 7 | Reetec Manufacturer of rare earth elements | — | 43 mo ago | Series D | Sigve Sporstøl CEO | 2008 | WebflowMicrosoft 365jQuery+7 | 17 patents Advanced stationary-phase technologies for large‑scale rare‑earth and thorium/cerium separation | — |
| 8 | Norner Norner Holding AS offers research, development, and material testing services for polymer producers, oil and… | — | 65 mo ago | Acquired | Kjetil Larsen CEO | 2007 | WagtailPythonFacebook Login+9 | — | 1 launch |
Top 10 Chemicals and Materials companies in Norway
#1
Deadpooled · Oslo, Oslo · founded 2012 · 117 employees$21.3Mraised▾
Crystals is an advanced material technology company which manufactures mono-crystalline silicon crystals. It manufactures both p-type and n-type material. In addition, it sells monocrystalline PV blocks, wafers and modules.
- Dec 2018Series A$3M
- Oct 2016Grant (prize money)$512.3K
- May 2015Series A$7.7M
- Aug 2013Series A$10.1M
#2
Seed · Porsgrunn, Vestfold and Telemark · founded 2015 · 12 employees$3.2Mraised▾
Developer of functional nanotechnology-based hybrid polymers designed to improve material properties like flame retardancy, hydrophobicity and gas barrier efficacy. The company's polymers act as an additive to a number of raw materials to give the final product new or enhanced properties, providing clients with tailored, improved and environmentally friendly products.
- Jun 2018Seed$3M
- Jan 2018Grant (prize money)$204.5K
#3
Funding Raised · Bergen, Vestland · founded 2005 · 5 employees$113Kraised▾
Manufacturer of titania nanoparticles. The company offers multifaceted nanoparticles to develop solutions for surface treatment and battery anode materials using titania-based technologies.
- Jul 2019Grant (prize money)$55.7K
- Feb 2019Grant (prize money)$57.3K
#4
Acquired · Oslo, Oslo · founded 2021 · 75 employees—raised▾
Manufacturer and supplier of anode material & synthetic graphite products
#5
Public · Oslo, Oslo · founded 1905 · 385 employees—raised▾
In 2022, the company recorded annual revenues of $21.93B and a net profit of $2.51B.
#6
Funding Raised · Sandefjord, Vestfold and Telemark · founded 1926 · 375 employees—raised▾
Manufacturer of paints and coating materials. It is a leading global manufacturer of paints, coatings, and powder coatings, offering a diverse range of products for various industries including decorative paints and performance coatings. The company serves a global market with a presence in many regions. Jotun provides protective and decorative solutions for various types of properties, including iconic buildings and homes.
#7
Series D · Porsgrunn, Vestfold and Telemark · founded 2008—raised▾
REEtec is an advanced material company which manufactures rare earth elements. Its product portfolio includes nitrates and oxides at multiple purity levels. Its products are used in multiple green technologies, including magnets for wind turbines, hybrid-car batteries, LED lamps, medical equipment and electronics like smart phones, tablets and TVs.
#8
Acquired · Stathelle, Vestfold and Telemark · founded 2007—raised▾
Provider of carbon to polymer development
#9
Funding Raised · Kristiansand, Vest-Agder · founded 2012 · 7 employees—raised▾
Developer of powder and slurry technology designed to specialize in handling, recovery, and treatment of powders, liquids, and suspensions. The company's technology offers high-purity silicon powder, micronized metal, and mineral powders, enabling customers to get purified silicon and quartz powder for a wide range of applications.
#10
Series B · Trondheim, Trondelag · founded 2007 · 2 employees—raised▾
Provider of industrialized technology intended to develop a novel joining technology solely on the aluminum's own premises. The company's technology industrialize hymen bonding technology that is used to create high strength welds for the transport and construction sectors by solid-state welding at low temperatures using filler metal additions, enabling customers to get a novel joining technology.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Chemicals and Materials coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Advanced Materials is moving in Norway
A read on the academic research around Advanced Materials — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 16 Norway-affiliated papers.
- Ministry of Transport4
- Ministry of Defence3
- Norwegian University of Science and Technology2
- Integrated Optoelectronics2
- National Institute of Technology1
- Shape-memory alloy1
- Composite material1
- SMA*1
- Finite element method1
- Nanocomposite1
- Composite material2
- Timoshenko beam theory1
- Shape-memory polymer1
- Beam (structure)1
- Deflection (physics)1
- Bridge (graph theory)1
- Multiscale modeling1
- Blueprint1
- Biomimetic materials1
- Transformative learning1
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.