Ostfold Follo Innovation Fund

Østfold Follo Innovation Fund specializes in providing crucial financial support to emerging technology and knowledge-based SMEs during their formative stages. The fund strategically positions itself as a vital resource for companies navigating the challenging early phases of development, offering more than just monetary investment. With a regional focus on the Follo and Østfold areas of Norway, the fund has established itself as an important catalyst for local innovation and entrepreneurial growth in the Norwegian technology ecosystem.

The fund's diverse portfolio showcases its commitment to technological advancement across multiple sectors, featuring promising ventures such as reTyre's innovative modular tire system, Visavi's communication solutions, Askin's dermatological technologies, and Disruptive Engineering's breakthrough approaches. Additional investments include Bag'In, Air Toolbox, Crowd Professional Technologies, Ecocentric Innovation, Homeboxx, and Payrest, demonstrating the fund's appetite for varied technological solutions with strong market potential. This carefully curated collection of companies reflects the fund's strategic vision for supporting regional innovation with commercial viability.

Beyond financial backing, Østfold Follo Innovation Fund distinguishes itself through its hands-on investment approach, providing portfolio companies with valuable expertise, extensive industry networks, and active participation in governance through board representation. This comprehensive support model enables the fund to guide early-stage companies through critical development phases, helping them overcome common startup challenges while accelerating their path to market. The fund particularly targets ventures emerging from academic and research institutions, established businesses seeking innovation opportunities, and independent entrepreneurs within its geographic focus area.

Strategic partnerships form a cornerstone of the fund's operational philosophy, with established collaborative relationships with key regional innovation facilitators including Inkubator Ås, Smart Innovation Østfold, and Kjeller Innovasjon. These alliances create a robust support ecosystem that enhances deal flow, provides technical validation, and offers complementary resources to portfolio companies. By leveraging these partnerships, the fund maximizes the potential for successful outcomes while strengthening the broader innovation infrastructure throughout the Follo and Østfold regions, contributing to Norway's position in the competitive Nordic technology landscape.