Best Industrial Goods and Manufacturing Companies in Norway
The 147 best Industrial Goods and Manufacturing companies in Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cognite.
Ranked by disclosed equity funding and recent funding momentum, the Industrial Goods and Manufacturing companies in Norway tracked here represent $392M in total disclosed capital across 147 companies, with one unicorn in the mix. That unicorn is Cognite, which has pulled in $225M on its own. So what's left for everyone else? Mercell accounts for $88M, Norsk Titanium $43M, and the rest of the field clusters well below $10M per company. The median is thin, but the concentration tells you something real: Norway's industrial funding story is, right now, a story about a handful of outsized bets rather than a broad rising tide.
I'd flag the sector trend lines as worth watching. Fire compartmentalization, fire propagation, and industrial performance are the themes gaining coverage fast, which points to where regulatory pressure and product development dollars are likely to flow next. App-side data adds texture: median install growth across comparable industrial and consumer goods platforms is running at roughly plus-19% year over year across 552 tracked apps, a signal that digital tooling around physical goods is catching real traction. Investors like Innovasjon Norge and Investinor are the names showing up repeatedly across the active deals here, and if you're mapping where Norway's next industrial round comes from, that's probably your shortlist.
Our analysis of 431 Industrial Goods and Manufacturing companies
$22.6b in tracked funding; 74% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best Industrial Goods and Manufacturing companies in Norway
| # | Company | Last round | Disclosed funding | Employees | Founded | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Aak Safety Online retail services for industrial safety equipment | — | — | 26 26 → 32 (+23%) | 1987 | — | VarnishNginxCloudflare+16 | — | 2 job openings |
| 2 | AddSecure Provider of smart safety systems and asset tracking solutions for industrial applications | — | — | 61 | 1979 | — | WordPressSentryMySQL+31 | — | — |
| 3 | AET Provider of commercial cleaning products and solutions | — | — | — | 1987 | Barbro Reiersol CEO | — | — | — |
| 4 | Ahlsell Provider of multispecialty hospital services and nursing education | — | — | 1,179 1,179 → 851 (-28%) | — | — | Cart FunctionalityApple iCloud MailMicrosoft 365+24 | — | 1 partnership |
| 5 | Aker Clean Hydrogen Provider of information regarding the company's liquidation and former business activities | — | — | 39 | 2021 | — | — | — | — |
| 6 | Aker Kvaerner Industributikk Provider of industrial supplies. The company supplies tools, personal-protection equipment and fastening… | — | — | 11 | 2003 | — | — | — | — |
| 7 | ASI Automatikk Distributor of electromechanical parts and components intended for original equipment manufacturers. | — | — | 10 | 1968 | — | WordPressMySQLPHP+18 | — | 1 launch |
| 8 | Avanti Engineering Provider of automation, machine inspection and robotics services intended to provide durable solutions to… | — | — | 16 | 1992 | — | — | — | — |
Top 12 Industrial Goods and Manufacturing companies in Norway
#1
Seed · Trondheim, Trondelag · founded 2017 · 30 employees$2.6Mraised▾
Developer of electric motors and FiberPrinting technology for diverse industries. The company provides electric drive systems for defense, satcom, gimbals, marine propulsion, medical devices, and semiconductor applications. It offers SlimTorq motors, Halbach rotors, and FiberPrinted slotless motors. The firm’s FiberPrinting technology enables custom motor development and production.
- Dec 2025Seed—
- Sep 2021Grant (prize money)$58.2K
- Oct 2019Grant (prize money)$2.6M
#2
Seed · Oslo, Oslo · founded 2017 · 9 employees$5.3Mraised▾
Online manufacturer of seaweed based bioplastic packaging products. It uses green processing technology and biopolymer chemistry to source seaweed and outsources biorefineries to extract compounds from it. It offers sustainable, biodegradable, and compostable packaging items based on seaweed extracts
- Nov 2024Seed$5.3M
- May 2021Seed—
#3
Cognite 🦄Acquired · Lysaker, Akershus · founded 2016 · 623 employees$225Mraised▾
Provider of industrial artificial intelligence and data management platform solutions. The platform unifies and contextualizes industrial data, enabling users to automate complex operations. It offers tools for data onboarding, exploration, and pre-built applications for various workflows. The platform is designed to scale digital transformation across different assets and sites. It empowers teams to enrich operations with trustworthy data.
- Feb 2022Series B—
- May 2021Series B$150M
- Oct 2020Series A$75M
#4
Public · Honefoss, Viken · founded 2007 · 92 employees$43.4Mraised▾
Norsk Titanium manufactures titanium components for various industrial applications such as aerospace, Defence, Energy, etc. They patented their proprietary plasma arc Rapid Plasma Deposition (RPD) technology or Direct Metal Deposition(DMD) technology. They collaborated with Alcoa to launch joint 3D Printing technology and Industrial Cooperation Program.
- Nov 2022Post IPO—
- May 2021Series B$25M
- Nov 2017Series B—
- Sep 2017Series B$10.3M
#5
Acquired · Oslo, Oslo · founded 1999 · 661 employees$87.8Mraised▾
Mercell Holding ASA, formerly Mercell Holding AS is an eTender system and Tender alert, provider. Mercell provides a digital platform for public procurement, where buyers and suppliers meet in a web-based marketplace. The suppliers in all industries use Mercell eTender system to find online tenders, public tenders, global tenders, and contracts in the public sector. It operates in three segments: Pre-award Buyers, Pre-award Suppliers, and Post-award. Its products are eNotice, eSourcing, eTendering, eAwarding, eAuction, and eContract. The company's geographical segments are Norway, Denmark, Sweden, Finland, Baltics, United Kingdom, and Others.
#6
Series A · Oslo, Oslo · founded 2016 · 9 employees$4.8Mraised▾
Developer of a no-code AI platform for industrial process optimization. The platform empowers engineers and operators to optimize efficiency and improve quality. It integrates with existing industrial systems, enabling rapid onboarding and scalable deployment. The platform facilitates real-time predictions and automated process adjustments.
- Jun 2023Series A$3.5M
- Apr 2020Grant (prize money)$54.3K
- Dec 2019Grant (prize money)$54.7K
- Jan 2018Seed$1.3M
#7
Acquired · Kristiansand, Agder · founded 2020 · 12 employees$9.1Mraised▾
Developer of high-temperature heat pumps for industrial decarbonization. These heat pumps efficiently recover waste heat and convert it into high-temperature water or steam, reducing energy consumption and carbon emissions. The technology utilizes a piston-based compressor, offering high efficiency, flexibility, and scalability for various industrial applications. The modular design allows for adaptable system configurations to meet specific process requirements. The heat pumps are suitable for diverse sectors including food and agriculture, chemicals, paper production, building materials, and energy.
- Jan 2022Series A$6.8M
- 2021Seed$2.3M
#8
Funding Raised · Fredrikstad, Viken · founded 2008 · 5 employees$2.8Mraised▾
Software company developing simulation tools and solutions for multiple industries. It is a provider of software solutions for analyzing thermodynamic fluid flow and electric circuits including geothermal flow assurance. The software combines fluid dynamics, thermodynamics, and geochemistry to provide detailed analyses and simulations to optimize manufacturing planning and operation.
- Nov 2019Grant (prize money)$934.4K
- Jun 2019Grant (prize money)$348.3K
- Apr 2019Grant (prize money)$391.5K
- Oct 2018Grant (prize money)$499.4K
#9
Acqui-Hired · Oslo, Oslo · founded 1984 · 14 employees$8.2Mraised▾
CAMO offers multivariate data analysis and design solutions through its product, "Unscrambler". It can be used to predict and evaluate system behavior before developing hardware, find faults in the production line, and analyze job scheduling issues etc. It caters to multiple industries including Chemicals, Food & Beverages, Industrial manufacturing, Pharmaceuticals, agriculture, and paper etc.
#10
Acqui-Hired · Sandnes, Rogaland · founded 2005 · 27 employees$2.6Mraised▾
Norway-based Robotic Drilling Systems focuses on developing floor-mounted autonomous robotic drilling rig for industrial drilling applications. The company has developed a drill floor robot, DFR-1500, which has a lift capacity of 1500 kg at 3 m extension with full control of the rig movement. The drill floor system consists of 4 machines: Drill-Floor Robot, robotic pipe handler, Electric Roughneck and Multi-size elevator. The robot comes with an accompanying software which can be used for controlling the robot. The software has an intuitive 'drag and drop' feature which allows for easier programming and visualization of the robot's movements.
- May 2014Series A—
- May 2012Seed$2.6M
- May 2006Seed—
#11
Funding Raised · Trondheim, Trondelag · founded 2014 · 8 employees$676.7Kraised▾
Developer of computer software designed to assist customers to understand and utilize data flows. The company's software offers systems for online condition monitoring by combining analysis software with thermal imaging and existing sensors, also provides systems for process monitoring by combining customer's existing process knowledge and models with analysis software to enhance process knowledge and control, along with offers online quality monitoring based on a range of sensors such as thermal cameras, video cameras, and hyperspectral sensors, enabling customers to get access to adapted systems for monitoring and analysis of materials, thermals, and operational data.
- Oct 2020Grant (prize money)$676.7K
#12
Seed · Bergen, Vestland · founded 2021 · 8 employees$20Kraised▾
Manufacturing of automated equipment
- 2022Seed$20K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Industrial Goods and Manufacturing coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Additive Manufacturing / 3D Printing is moving in Norway
A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 203 Norway-affiliated papers.
- Norwegian University of Science and Technology88
- University of Stavanger20
- Ministry of Defence17
- SINTEF10
- Ministry of Transport9
- Nanotechnology5
- Extrusion5
- Composite material5
- Mechanical engineering4
- Polylactic acid4
- Fused deposition modeling1→15
- Selective laser melting1→12
- Mechanical engineering1→12
- 3d printed1→11
- Manufacturing engineering7
- Selective laser melting4
- Mechanical engineering3
- Rapid prototyping3
- Composite material3
Where additive manufacturing is researched across Norway
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
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.