Norfund
Overview
Norfund is the Norwegian Investment Fund for developing countries, investing to create jobs, improve lives and support the transition to net zero. Norfund is owned and funded by the Norwegian Government and is the Government's most important tool for strengthening businesses that create jobs and reduce poverty in developing countries. Norfund's mandate is to assist in building sustainable businesses and industries in developing countries by providing equity capital and other risk capital.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Modalku Ventures Sdn. Bhd. | Nov 2023 | Debt | Co-investor |
| Yoma Bank | Apr 2020 | Strategic | Co-investor |
| Amartha | Jun 2021 | Debt | Lead |
| OmniRetail | Apr 2025 | Series A | Lead |
| OmniBiz | Apr 2025 | Series A | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Norfund based?
Norfund is headquartered in Oslo, Oslo, Norway.
When was Norfund founded?
Norfund was founded in 1997.
How many portfolio companies does Norfund have?
Norfund has 65 portfolio companies in Caplight's dataset.
What are some companies in Norfund's portfolio?
Portfolio companies visible on Caplight include Modalku Ventures Sdn. Bhd., Yoma Bank, Amartha, OmniRetail, OmniBiz.
What was Norfund's most recent investment shown here?
Norfund's most recent investment in this portfolio sample was in OmniRetail in 2025.
What sectors does Norfund focus on?
Norfund focuses on Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, FinTech, Energy & Sustainability, FinTech, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, FinTech, Consumer & Commerce, Energy & Sustainability, FinTech, Energy & Sustainability, Energy & Sustainability, FinTech, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Telecommunications & Networking, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, FinTech, Energy & Sustainability, FinTech, Energy & Sustainability, Energy & Sustainability, FinTech, Energy & Sustainability, Energy & Sustainability, FinTech, FinTech, Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, FinTech, FinTech, Consumer & Commerce, Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, FinTech, Consumer & Commerce, Consumer & Commerce, FinTech, Energy & Sustainability, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, Energy & Sustainability, Telecommunications & Networking, FinTech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech, FinTech, Energy & Sustainability, FinTech, FinTech, FinTech, Enterprise Software, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Telecommunications & Networking, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, FinTech, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, Enterprise Software, Real Estate & PropTech, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Real Estate & PropTech.
What company stages does Norfund focus on?
Norfund typically invests at the MultiStage stage.
What is Norfund's AUM?
Norfund's assets under management are estimated between $1.0B and $10.0B.