IndyKite, the Identity Platform for Web 3.0, just came out of stealth and announced a 2.5 MUSD funding round co-led by Alliance Venture and SpeedInvest. See press coverage from and Finansavisen (in Norwegian). We are stoked to back Lasse Andresen and the IndyKite team on their mission to change the digital identity space — again! Here is why.

It’s all about the people

Early-stage venture investing is all about partnering with great founders and teams to leverage their insight, energy and grit to beat the odds building something huge. Getting in on the ground floor of a startup with a successful and exceptional founder with unique domain expertise and a strong network is…

We are truly impressed by our fleet of startups navigating the COVID-19 crisis during H1 2020. Kudos and congratulations are deserved.

Follow-on investments all-time high

H1 2020 ended up being an all-time high for follow-on investment in the Alliance Venture portfolio. Eight companies raised a total of 479 MNOK (approx. 50 MUSD). Six of the funding rounds have already been announced, Apexx Global, Shoreline, Aprila Bank,, Novelda and poLight, while two deals are not…

Today we launch Alliance Venture Delta, our latest fund, as well as our expansion into Sweden.

We are very happy and proud to be able to close a sizable early-stage venture fund in the midst of the COVID-19 outbreak. This will enable us to invest in a very challenging time for the startup ecosystem. And though this post is written while most of us are still…

Now is the time for investors to prove themselves as great long-term partners to entrepreneurs and that it’s not just a marketing gimmick

Market conditions during COVID-19

At the time of writing, we’re about a month into the severe COVID-19 outbreak in the West. In the first two weeks, there were lots of “business as usual” signs up, proving only partially accurate. It is now clear that the market has changed. As in past crises, the main…

Providing opportunity for global design talent to serve and impact Enterprises

Superside, the always-on design SaaS company, recently announced a new funding round along with a rebrand (they used to be called Konsus) to further develop and scale their fast-growing business.

They deliver design at scale to Enterprise teams — from everyday production design work to large-scale strategic design solutions. By…

A while back I was invited by Dr. Burton Lee to hold a guest lecture about the Norwegian startup ecosystem for the European Entrepreneurship & Innovation (ME 421) class at the at School of Engineering, Stanford University. The main title of this particular class was “Startups in Oil Economies”, and the other guest lecturer was Jamie Coleman of Scotland’s CodeBase. The slide deck and a video of the class can be found below.

Why Alliance Venture led the new funding round in

Russian interference in the U.S. presidential election thru hacking and misinformation is one of the major news stories of 2017. Our Western democracies are under cyber-attack from hostile powers. A less discussed, but potentially more immediately impactful and life-threatening danger, is that our critical infrastructure is under threat of cyber-attack…

Arne H. Tonning

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