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Our investments

We believe that true breakthroughs often require a tectonic shift, whether it’s a major market change, new technology, or a shift in customer mindset. It’s about catching the right wind or riding a huge wave.

Hive is a Physical AI company building the intelligence layer for industrial machines — a "silicon brain" that lets excavators, wheel loaders, forklifts and haulers perceive, decide and act as one coordinated system. Rather than requiring new equipment, Hive retrofits the fleet a customer already owns, installed in days, so operators move out of the cab and into a control room while the machine handles the work.

Every deployed machine hour feeds a single reinforcement loop, so capability compounds across every machine and every site. Hive is founded by Christoffer Jørgensvaag, who previously co-founded Red Rock Solutions, building autonomous remote lifting for marine and offshore environments, acquired by Ocean Infinity in 2021.

Initial Investment:

2026

Status:

Hive

An AI brain making heavy industrial machinery autonomous
Co-investors
Veriten, SuperSeed, Nysnø

Parahelp builds AI support agents that resolve customer issues end-to-end — not just answer questions, but take action.

The product is two agents working together. The Customer Agent handles complex issues across email, live chat and Slack, securely using the company's own tools to actually resolve them. The Internal Agent builds, tests and continuously improves the Customer Agent from plain-language instructions, so support teams configure their agent by chatting rather than by filling in decision trees. If a tool has an API, it can be connected. Teams go from connecting their context sources to a live agent within hours.

Parahelp is used by some of the fastest-moving companies in software, including Bolt, Cursor, Replit and Framer, and is SOC 2 Type II audited and GDPR compliant, with no model training on customer data.

Initial Investment:

2022

Status:

Parahelp

An AI support agent that resolves issues, not just answers
Co-investors
Alt Capital, Y Combinator, Hidden Capital, Perplexity Fund, Paul Graham, byFounders VC, Hanabi and more

Stendr is a Norwegian defence technology company building an AI-native platform for the rapid development and deployment of defence software and hardware.

The nature of warfare has changed. Drones are cheap, autonomous, and everywhere, and defence systems built for a previous era cannot keep pace. Stendr is developing AI-driven multi-sensor technology embedded in cost-efficient hardware platforms — full-stack, vertically integrated, with AI at the core — to find drones, track them, and give defenders the information to act, fully sovereign to Europe. The initial focus is drone defence.

Stendr is founded by Aleksander Leonard Larsen, co-founder of Sky Mavis, which he built to a $3 billion valuation with its Axie Infinity platform. He is joined by Robin Alexander Holm Pedersen (CTO) and Markus Leonhard Hansen (Head of Hardware).

Initial Investment:

2026

Status:

Stendr

A vertically integrated, AI-native platform for drone defence
Co-investors
Rainfall Ventures, ACME Capital, Sisyphus, Antler, StartupLab, Off Piste, Andøya Ventures

Our team

Cecilie Skjong, Investment Manager
Espen Malmo, Managing Partner & Co-founder
Jon Kåre Stene, Partner and Co-founder
Preben Songe-Møller, Partner & Co-founder

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