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Radar · Life Sciences in Oslo

Best Life Sciences Companies in Oslo, Norway

The 82 best Life Sciences companies in Oslo, Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Calluna Pharma.

82companies tracked
$378.8Mdisclosed funding
0unicorns
36have raised
FLIAR INTELLIGENCE · LIFE SCIENCES × OSLO

Our analysis of 576 Life Sciences companies

$91.7b in tracked funding; 70% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

576companies analysed
70%cloud-native stacks
2025funding peak (by rounds)
13unicorns
2016median founding year
86kcombined LinkedIn audience
32%of audience held by top 3
4companies hiring publicly (12 mo)

Ranked: Best Life Sciences companies in Oslo

#CompanyDisclosed fundingLast roundEmployeesFounderStagePatents & IP focusRecent signals
1Calluna Pharma
Developer of therapeutics for inflammatory and fibrotic diseases
$82M28 mo ago—Jonas Hallen
Founder
Series A——
2Nordic Nanovector
Developer of antibody radionuclide conjugates for haematological cancers
$52M53 mo ago40
40 → 24 (-40%)
—Public98 patents
Radioimmunoconjugate antibodies targeting CD37 for lymphoma therapy
1 job opening
3Ultimovacs
Developer of next-generation cell therapies for solid tumors
$32M55 mo ago25—Public29 patents
Therapeutic cancer vaccines combining telomerase antigens with immune‑checkpoint inhibitors
—
4Oncoinvent
Developer of radioisotope-based anti-cancer therapeutics
$31M73 mo ago27
27 → 50 (+85%)
—Public43 patents
Targeted alpha‑emitting radiopharmaceuticals and antibody‑based cancer therapeutics
—
5Arctic Bioscience
Developer of the drug for psoriasis
$30M64 mo ago13Christer Valderhaug
CEO
Public—1 launch · 1 partnership · 1 expansion
6Algeta
Developing alpha particle-emitting pharmaceutical with an anti-tumor effect for the treatment of cancer.
$29M249 mo ago175—Acquired56 patents
Targeted alpha‑emitting radiopharmaceuticals (Thorium‑227) for soft‑tissue and bone cancer therapy
—
7Lytix Biopharma
Developer of oncolytic peptide immunotherapy for solid tumors
$20M18 mo ago7—Public162 patents
Peptide-based oncolytic and immunotherapy formulations using chitosan delivery systems
—
8EXACT Therapeutics
Provider of sonoporation platform for diagnosis of multiple diseases
$16M71 mo ago7Masha Stromme
CEO
Late Stage48 patents
Ultrasound-based drug delivery and ablation technologies with dose calculation software.
—
9ConCordix
Manufacturer of vitamin and supplements for the nutraceutical and dietary supplement industry
$15M191 mo ago—Klaus Neumann
Chief Executive Officer
Series A——
10Arxx Therapeutics
Developer of monoclonal antibody for fibrotic disease
$13M63 mo ago2Jonas Hallen
Co-Founder
Seed13 patents
Humanized therapeutic antibodies targeting S100A4 for fibrosis and systemic sclerosis treatment
—
11SantoSolve
Develops targeted pain therapeutics
$12M199 mo ago8—Deadpooled25 patents
Strontium-based anti‑inflammatory and analgesic formulations for topical soft‑tissue pain relief
—
12Zelluna Immunotherapy
Developer of TCR-based therapies for a wide range of cancer types
$8M45 mo ago18
18 → 23 (+28%)
—Series B5 patents
Engineered NK cell therapies and MAGE‑A4 specific TCR‑modified T cell immunotherapies
1 job opening
13OncoImmunity
Developer of machine-learning based software for personalized cancer immunotherapy
$7M55 mo ago16Richard Stratford
Co-founder and Advisor
Acquired4 patents
Predictive peptide selection for MHC presentation in cancer immunotherapy and vaccine design
1 job opening
14CellCura
Cell Culture reagent provider
$4M148 mo ago—Pål Bråthen
CEO
Deadpooled2 patents
Automated sperm analysis and imaging diagnostics for reproductive health
—
15Biovotec
Developing biological wound dressing based on the hen eggshell membrane
$4M80 mo ago5Henri-Pierre Suso
Co founder and CTO at Biovotec
Funding Raised45 patents
Eggshell membrane-derived biomaterials for wound healing and peptide delivery systems.
—
16Clavis Pharma
Developer of novel small molecule therapeutics for cancer
$3M173 mo ago—Carlos Roig
Founder
Deadpooled84 patents
Antibody therapeutics targeting ENT1 and prodrug formulations of nucleoside analogs and glucocorticoid esters for cancer and infla
—
17EpiGuard
Developer of medical isolation and transportation systems
$3M55 mo ago17Fridtjof Heyerdahl
Founder & CMO
Funding Raised4 patents
Secure patient transport systems and isolation devices for medical transport
—
18SoftOx
Developer of topical antiseptic products for chronic wounds
$2M44 mo ago21
21 → 13 (-38%)
Geir Hermod Almas
CEO
Public11 patents
Formulating and dispensing hypochlorous‑acid based disinfectants and biofilm treatments.
—
19OstomySecure
Developer of a transcutaneous implant evacuation system for ileostomy patients
$2M89 mo ago—Bente Buverud
Founder
Acquired——
20Augere Medical
Provider of AI-based cancer detection device
$2M19 mo ago4—Seed6 patents
Real-time video object detection algorithms for medical imaging and diagnostics
—
21Pre Diagnostics
Blood based diagnostics for Alzheimer's disease.
$2M54 mo ago8—Series A—1 partnership
22Resani
Developer of hand sanitizing technology for hospitals
$1M37 mo ago3—Seed5 patents
Hand hygiene devices and methods for personal sanitization
—
23Bio-Me
Developer of a platform for gut microbiome analysis
$1M42 mo ago12Morten Isaksen
CEO
Seed—1 partnership
24ClexBio
Developer of microfluidic chip for laboratory purposes
$1M19 mo ago4Armend Hati
Co-Founder & CEO
Seed——
25Nykode Therapeutics
Developer of vaccines and immunotherapeutics for cancer and infectious diseases
$961K135 mo ago102
102 → 73 (-28%)
Agnete Fredriksen
Co-Founder & Chief Business Officer
Public110 patents
Protein-based immunogenic constructs and neoepitope vaccines for cancer and infectious disease therapy
—
26Circio
Developer of immunotherapies for cancer treatment
$956K18 mo ago17Erik Digman Wiklund
Chief Executive Officer
Public—1 partnership
27Cardinor
Provider of biomarker-based assays for cardiovascular diseases
$922K62 mo ago2—Seed2 patents
Immunoassay techniques for measuring secretoneurin peptide levels
—
28Age Labs
Developer of molecular diagnostic solutions for the detection of age-related diseases
$876K74 mo ago4Karl Trygve Kalleberg
Co-Founder & CTO
Seed5 patents
Diagnostic screening assays for rheumatoid arthritis and severe COVID-19 susceptibility biomarkers
—
29Hy5
Hydraulic prosthesis for amputees
$514K66 mo ago—Christian Stray
Co-Founder & CEO
Seed——
30Hubro Therapeutics
Developer of immunotherapies for cancer treatment
$164K83 mo ago5Jon Eriksen
CEO
Deadpooled45 patents
Design and synthesis of therapeutic peptides and diagnostic primer cocktails
—
31RemovAid
Developer of medical devices for the removal of sub-dermal implants
$117K90 mo ago5Marte Bratlie
Founder
Acquired31 patents
Surgical devices and methods for extracting subdermal medical implants
—
32ODI Medical
Developer of technology to assess microcirculation
$114K83 mo ago5Knut Kvernebo
Founder
Funding Raised15 patents
Non‑invasive microcirculation and oxygen saturation monitoring devices and capillary analysis probes.
—
33Labrida
Provider of medical device for professional cleaning of dental implants and teeth
$108K126 mo ago6Liv Ostbye
CEO
Funding Raised22 patents
Dental therapeutic hydrogels for preventing and treating periodontal and peri‑implant diseases
1 launch
34Photocure
Provider of photodynamic therapy solutions for bladder, colorectal, and cervical cancer
—73 mo ago155—Public6 patents
Intracellular delivery of therapeutic agents and photodynamic therapy using 5‑ALA ester photosensitizers
—
35Genetic Analysis
Developer of diagnostic solutions for microbial analysis
—114 mo ago22
22 → 20 (-9%)
—Series B52 patents
Microbiome-based diagnostics and companion tests for IBS and gut dysbiosis
—

Top 12 Life Sciences companies in Oslo

#1
Public · Oslo, Oslo · founded 2003 · 7 employees
$20.4Mraised
▾

Lytix Biopharma develops oncolytic immunotherapies. Its lead candidate is LTX-315, an oncolytic peptide is being developed to treat solid cancer (phase I/II). It is also developing LTX-315 in combination with checkpoint inhibitors to treat cancer (preclinical/phase1) and a candidate under investigation for multidrug-resistant infections.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 5k LinkedIn followers — 6.0% of this cohort's audience
Funding rounds
  • Dec 2024Post IPO$9M
  • Oct 2023Grant (prize money)$1.3M
  • Aug 2017Series A$758.6K
  • Dec 2015Series A$9.2M
Investors
Norinnova Invest, Taj Holding, Hatteland, Saturn Invest, Nord Kapitalforvaltning
Tech stack
Cms Made SimplePhpBootstrapVimeoAnimate.CssNginx
#2
Seed · Oslo, Oslo · founded 2018 · 4 employees
$2.1Mraised
▾

Augere provides an AI-based cancer detection device. It analyses video in real-time. It can connect to any vendor's equipment. It gives the endoscopist a real-time probability of early-stage lesions.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 882 LinkedIn followers
Activity: 2 product launches announced in 12 mo
Funding rounds
  • Nov 2024Seed$2.1M
Investors
Simula Innovation, Farvatn Venture
#3
Series A · Oslo, Oslo · founded 2024
$81.7Mraised
▾

Developer of therapeutics for inflammatory and fibrotic diseases. The company is developing a pipeline of antibodies targeting a comprehensive range of disease-associated with precision targeting of upstream innate immune amplifiers for inflammatory and fibrotic diseases.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 2k LinkedIn followers — 2.8% of this cohort's audience
Funding rounds
  • Jan 2024Series A$81.7M
Founders & team
Jonas HallenFounderJohn MontanaCEO
Investors
Forbion, Sarsia Seed, p53, Investinor
#4
Seed · Oslo, Oslo · founded 2020 · 4 employees
$1.2Mraised
▾

Developer of a microfluidic chip for laboratory purposes. It uses hydrogel technology CLEX that allows hydrogel formation with, both, precise control and exceptional biocompatibility. This enables users to use microfluidic devices to form hydrogel microstructures containing delicate biological cargo such as living cells.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 4.0% of this cohort's audience
Activity: 1 partnerships · 1 awards · 1 expansions (incl. Nordic Cell Therapy Group) announced in 12 mo
Funding rounds
  • Nov 2024Seed—
  • Jul 2021Grant (prize money)$1M
  • Jul 2021Seed$1.2M
Founders & team
Armend HatiCo-Founder & CEOManuel SchweikleCo-Founder
Investors
Ukri, Norwegian Research Council, Innovasjon Norge, Centre for Digital Life Norway, GG1978, EQT
#5
Public · Oslo, Oslo · founded 2010 · 17 employees
$956.4Kraised
▾

Developer of immunotherapies for cancer treatment. It offers circular RNA platform for developing medicines based on a modular genetic cassette design for expression of therapeutic proteins directly into cancer cells. It provides a lead candidate ONCOS-102 a monotherapy and in combinations with checkpoint inhibitors for melanoma, and TG01 is an immunotherapy targeting KRAS driver mutations for pancreatic cancer.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers — 6.6% of this cohort's audience
Activity: 1 partnerships (incl. Tcelltech GmbH) announced in 12 mo
Funding rounds
  • Dec 2024Post IPO$956.4K
Founders & team
Erik Digman WiklundChief Executive Officer
Investors
Baekkelagetholdingas, Star Kapital, Hoseas
Tech stack
BootstrapCdnjsCloudflareCookiebotFancyboxGoogle Analytics
#6
Public · Oslo, Oslo · founded 2009 · 40 employees
$51.7Mraised
▾

Developer of antibody radionuclide conjugates for hematological cancers. The company's lead product includes Betalutin, an ARC that comprises a tumor-seeking anti-CD37 antibody conjugated to a low-intensity radionuclide (Lutetium 177). It is used to treat blood cancer non-Hodgkin Lymphoma.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 10.0% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Head of Finance
Funding rounds
  • Jan 2022Post IPO—
  • Feb 2021Post IPO—
  • Sep 2020Post IPO$24.9M
  • Dec 2019Post IPO$1.3M
Investors
Healthcap, Norwegian Research Council, Holta Life Sciences, European Innovation Council, Birk Venture, Radforsk
Tech stack
DrupalPhpBootstrapAmazon AlbAmazon Web ServicesGsap
#7
Public · Oslo, Oslo · founded 2011 · 25 employees
$32.3Mraised
▾

Developer of next-generation cell therapies for solid tumors. The company has developed an immune-stimulatory vaccine UV1 (peptide epitopes from hTERT) vaccine targeting hTERT fragment expressing cancer cells to activate the immune response especially T-helper cells. It helps in treating prostate cancer and non-small cell lung carcinoma.

Funding rounds
  • Oct 2021Post IPO$32.3M
Investors
Holmetjern Invest, Radforsk, UU Invest
Tech stack
WordpressMysqlPhpGravity FormsWp-PagenaviAlpine.Js
#8
Public · Oslo, Oslo · founded 2011 · 13 employees
$29.8Mraised
▾

Developer of the drug for psoriasis. The product HRO350 is a phospholipid drug for the oral treatment of psoriasis based on bioactive marine compounds extracted from herring roe. Also, have herring caviar oil and omega-3 dietary supplement Romega.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 3.4% of this cohort's audience
Activity: 1 product launches · 1 partnerships · 1 expansions (incl. Koyo Mercantile Co. ltd.) announced in 12 mo
Funding rounds
  • Feb 2021Post IPO$29.7M
  • Aug 2019Grant (prize money)$55.4K
Founders & team
Christer ValderhaugCEO
Investors
Europa, Aleap
Tech stack
Contact Form 7GutenbergHstsMicrosoft 365MysqlNginx
#9
Series B · Oslo, Oslo · founded 2016 · 18 employees
$8.4Mraised
▾

Developer of TCR-based therapies for a wide range of cancer types. It offers T-cell receptor-guided natural killer (NK) cell therapies for solid tumors and multiple cancers.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 7k LinkedIn followers — 8.3% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Junior scientist
Funding rounds
  • Aug 2022Series B—
  • Jun 2020Series A$8.4M
  • Jun 2020Grant (prize money)—
  • 2016Seed—
Investors
Inven2, Takeda, Radforsk, Birk Venture, Ro Invest Capital
Tech stack
Cookie InformationCore-JsFancyboxGoogle AnalyticsGoogle Font ApiGoogle Tag Manager
#10
Public · Oslo, Oslo · founded 2010 · 27 employees
$30.7Mraised
▾

Oncoinvent is developing radiotherapeutic, radio-immunotherapeutic and immunotherapeutic products for the treatment of various solid cancers. The company's radioisotopes are combined with carriers for optimal delivery of injected doses for the treatment of cancers. It's lead product cadherin which is an alpha-emitting radioactive microsphere designed for the treatment of metastatic cancers in peritoneal cavities. It has also developed proprietary antibodies (212Pb-labeled monoclonal antibodies) and holds a license for other antibodies.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers — 4.4% of this cohort's audience · 56 engagements/post (1.7× cohort median)
Funding rounds
  • May 2020Series B$4M
  • Feb 2017Series B$25M
  • May 2016Series A$1.8M
Investors
Hadean Ventures, Sundt AS, Alpine Capital Management, Artal, Canica, Mitas
Tech stack
Backbone.JsCore-JsElementorFont AwesomeGeneratepressGoogle Font Api
#11
Acquired · Oslo, Oslo · founded 2014 · 16 employees
$7.4Mraised
▾

OncoImmunity is a bioinformatics company offering machine-learning based software to address the key knowledge gaps in the prediction of bonafide immunogenic neoantigens for personalized cancer immunotherapy. Its software provides an effective patient selection for cancer immunotherapy and identifies optimal targets for personalized cancer vaccines and cell therapies in a clinically actionable time-frame. It was a part of the Oslo Cancer Cluster Incubator.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers — 2.9% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +0 · hiring: Senior Software Engineer, Software Engineer (QA/RA)
Funding rounds
  • Oct 2021Grant (prize money)$57.8K
  • May 2019Grant (prize money)$2.5M
  • Dec 2018Grant (prize money)$2.5M
  • Jul 2018Seed$7.4M
Founders & team
Richard StratfordCo-founder and Advisor
Investors
EIC Fund, Europa, StartupLab, Radforsk
#12
Seed · Oslo, Oslo · founded 2014 · 3 employees
$1.4Mraised
▾

Developer of hand sanitizing technology for hospitals. The company has developed an automatic hand sanitizer, a disinfection cartridge, and user monitoring technology which combined improve hand hygiene for health care workers, patients, visitors, and others. This also helps in preventing hospital-acquired infections.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
  • May 2023Seed$1.4M
  • Jan 2019Grant (prize money)$57.2K
  • Aug 2018Grant (prize money)$58.3K
Investors
EIC Fund, DSD, Europa, TD Veen, Aleap

Funding & investor landscape

$378.8Mtotal disclosed funding
33companies funded
88disclosed rounds
0rounds last 90 days
Most active investors
Europa14 rounds
Aleap11 rounds
EIC Fund11 rounds
Radforsk11 rounds
Investinor8 rounds
Farvatn Venture7 rounds
Birk Venture6 rounds
Norwegian Research Council5 rounds
Sarsia Seed4 rounds
Norinnova Invest3 rounds

Notable founders

Jonas Hallen
Founder · Calluna Pharma
John Montana
CEO · Calluna Pharma
Armend Hati
Co-Founder & CEO · ClexBio
Manuel Schweikle
Co-Founder · ClexBio
Erik Digman Wiklund
Chief Executive Officer · Circio
Christer Valderhaug
CEO · Arctic Bioscience
Richard Stratford
Co-founder and Advisor · OncoImmunity
Geir Hermod Almas
CEO · SoftOx
Rizwan Hussain
Co-Founder · Arxx Therapeutics
Masha Stromme
CEO · EXACT Therapeutics
Morten Isaksen
CEO · Bio-Me
Fridtjof Heyerdahl
Founder & CMO · EpiGuard
Prism market signals · Norway · country-scoped Prism corpus, 775,256 docs

Market landscape — 10 sub-themes by coverage

Share of Life Sciences coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH FROM Oslo · institutions

What Oslo researches in biotechnology

20 papersstance +0.3331% breakthrough31% concern
breakthrough · advancement · concern
local research themes
interferon and immune responsesNutritional Studies and DietRNA Research and SplicingGut microbiota and healthConsumer Attitudes and Food LabelingUbiquitin and proteasome pathways
top institutions
  • University of Oslo13
  • Oslo University Hospital9
  • Oslo Nye Høyskole1
  • Oslo Cancer Cluster1
  • OsloMet – Oslo Metropolitan University1

Common questions

How many Life Sciences companies are there in Oslo, Norway?
Radar tracks 82 indexable Life Sciences companies headquartered in Oslo, Norway that meet our profile-completeness bar.
What is the total funding raised by Life Sciences companies in Oslo, Norway?
The Life Sciences companies in Oslo, Norway on this list have raised a combined $378.8M in disclosed equity funding across 33 funded companies.
Which is the highest-funded Life Sciences company in Oslo, Norway?
Calluna Pharma is the highest-funded Life Sciences company in Oslo, Norway, with $81.7M in disclosed equity funding.
How many Life Sciences companies in Oslo, Norway are funded?
33 of the 82 Life Sciences companies in Oslo, Norway on this list have disclosed at least one equity funding round.
How many Life Sciences unicorns are there in Oslo, Norway?
None of the Life Sciences companies in Oslo, Norway on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Oslo, Norway Life Sciences companies?
The most active investors in Oslo, Norway Life Sciences companies on this list include Europa, Aleap, EIC Fund, Radforsk, Investinor.
Riya SenguptaFinancials

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.

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