TheFactory Norway Fund I

 TheFactory Norway Fund I (TFNFI) is managed by TheFactory Capital AS (TFC) | raise 20 MNOK | 10 years horizon | 22% IRR

What are We Doing?

We invest in startups and scaleups with a great scale potential and guide them toward the desired exit. We have a board seat in each company.

Selection Process

TheFactory has screened 400+ potential companies. We arrange meetings with the top interesting cases. In this way, we get to know the team behind the concepts. The top cases are then presented to the investment committee, which takes the final decision on the investments.

Partnerships as the Way to Decrease the Risks and Improve the Returns

The opportunities are great, however, risks are high when investing in startups.

Our goal is to reduce this risk as much as possible by organizing and working with the founders by connecting them with our partners DLA Piper, S'banken, Santander, Nordea Liv, NETS, SparNord, Carnegie to name a few - teaching and practicing pitching, working on business development, product development and much more.

Now that we also focus on proptech, we have connected with the real estate industry. We have brought with us a number of exciting players as partners. This includes the following actors; Malling & Co, NCC, Neptune Properties, Storebrand, and Linstow.

 TheFactory's Experience, History and background for TFNFI

Before the fund, TheFactory has invested through seven SVP called TheFactory Angels. Each investment company has invested in the best startups from the accelerator program and has so far invested in 33 startups, had 3 exits and great value development for the portfolio as a whole.

Who are TheFactory Angels? TheFactory Angels, formerly known as FintechAngels, are a group of private investors with an appetite for fintech and proptech startups. By joining forces with an investment company, they invest in the best fintech and proptech companies that come through TheFactory's accelerator programs.

For each accelerator program, a new investment company (ie TheFactory Angels I - VII) will be set up to which external investors are invited to participate. The investment companies are managed by TheFactory AS - the company behind TheFactory Accelerator & Incubator. TheFactory AS has a 22.5% ownership interest in the respective investment companies.

Investors in TheFactory Angels are angel and early-stage investors who share a common goal of helping entrepreneurs and startups accelerate forward, while making good, value-adding investments. So far, 60+ investors have invested in TheFactory Angels companies!