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Founded in 2021 by Kjell Inge Røkke and Tor Bækkelund, RunwayFBU is based in Fornebu, Norway. The firm has made over 20 investments and has one notable exit, Celsia. It focuses on early-stage companies in the industrial sector, emphasizing data-centric software and hardware solutions.
RunwayFBU invests between $100,000 and $3 million in pre-seed and seed stage companies. The firm targets data-centric industrial software and hardware that improve efficiency, sustainability, and resilience in heavy industries, primarily in the Nordic and broader European markets.
RunwayFBU's portfolio includes notable companies such as iPercept, which enhances production and maintenance performance with AI; Phantasma Labs, offering AI-driven automation solutions; and Sonair, which develops autonomous robots using 3D ultrasound technology. Other investments include Celsia (exited), Muybridge, Cardboard, Fortifai, Otee, Plaace, PLAATO, Wsense, Shapemaker, AdminKit, ComplAI, Zerolytics, Just SaaS, Sparkel, TP Accurate, and Torq Capital.
Submit your pitch through their website form at [URL]. Ensure your proposal aligns with their focus on industrial software and AI solutions.
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