Private Equity

Updated:

Smart Innovation Norway

Smart Innovation Norway is a non-profit research and innovation company that supports businesses and the public sector with networks, capital, and expertise in...

Smart Innovation Norway logo

Smart Innovation Norway

Smart Innovation Norway is a non-profit research and innovation company that supports businesses and the public sector with networks, capital, and expertise in energy transition and applied artificial intelligence. It operates at the intersection of industry, the public sector, and research, connecting these worlds to create value and new business opportunities. Its areas of expertise include energy transition, applied artificial intelligence, civil preparedness, and social innovation.

General information

Firm type

Private Equity

Year founded

2003

Location

Region

Europe

Country

Norway

City

Halden

Corporate office

Halden, Norway

Sector focus

Energy Transition & RenewablesAI/MLEnterprise Software

Frequently asked questions

Does Smart Innovation Norway operate as a traditional venture capital fund?

No. Smart Innovation Norway functions as a research-driven commercialization entity. It bridges research, innovation, and market adoption through publicly funded projects, cluster initiatives, and technology test arenas rather than through a traditional limited-partner fund structure. The firm deploys capital in the form of project grants and innovation programs rather than equity investments in startups.

What is Smart Innovation Norway's connection to the Norsk katapult program?

Smart Innovation Norway operates a test arena under Norway's national Norsk katapult initiative. Through this infrastructure, the firm provides Norwegian industry with access to data-space technology and testing facilities. The work focuses on connecting industrial data silos to unlock value across sectors.

Which partners does Smart Innovation Norway work with?

Confirmed partners include Simula, a Norwegian research laboratory focused on AI, communication systems, and scientific computing. Smart Innovation Norway also collaborates with Nordic counterparts on a joint initiative to map and strengthen innovation ecosystems across the region. Specific corporate or financial co-investors are not disclosed.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on private equity firms?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo

Browse by category

More Halden Private Equity profiles