Big changeneeds big thinkers.
A 300M NOK early-stage venture fund in Norway, backing European industrial software startups that make industry more efficient, sustainable and resilient.
Founded by industrial operators, for industrial founders.
RunwayFBU was founded in 2021 by Kjell Inge Røkke — among the most successful entrepreneurs in the Nordics — and Tor Bækkelund, former co-founder of StartupLab.
300M NOK
Fund size
2021
Founded
20+
Investments
40+
Tech Hub members
What we're betting on.
Data and technology are instrumental in creating value.
The industrial ecosystem is an untapped opportunity.
The next decade's winners will be defined by who masters this layer.
Industrial winners are built where capital, operators and founders share the same hallway.
Efficient. Sustainable. Resilient.
We target each layer of the industrial software stack, with three principles guiding every investment.
01
Efficient
Produce at low cost while remaining safe and profitable.
02
Sustainable
Reduce negative environmental, social or governance impact.
03
Resilient
Resist, recover or innovate during significant disruptions.
From the RunwayFBU community.
Let's talk.
Questions about RunwayFBU, portfolio companies, co-investments, media enquiries or upcoming events?
Aker Tech House · John Strandruds Vei 10, 1366 Lysaker