Oslo has 467 startups in our sample database. This represents about 62% of Norway’s startups. Oslo is the highest-ranked startup ecosystem in Norway.
While Oslo decreased by 2 spots in its global rank in the Global Startup Ecosystem Index of 2024, its ranking in Norway remained stable at 1 nationally since 2023.
47 startups
27 startups
26 startups
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The health check tables allow you to look at the performance Oslo has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Startup Funding in Oslo 2017 - 2024
From 2022 to 2023, startup funding in Oslo has decreased by 59.54%. During this period, the number of deals in Oslo has decreased by 30.83%. Since 2017, total startup funding in Oslo exceeded US$ $5.78B.
Average Funding in 2023
$7.13M
Funding in 2023
$591.80M
Deals in 2023
83
USD
Amount of Funding (USD)
Number of Deals
Oslo is ranked within the top 100 startup ecosystems globally.
Oslo’s startups excel particularly in Ecommerce & Retail where it ranks 37 and in Hardware & IoT, and Energy & Environment. Find out more
Within Oslo there is an increased attraction for entrepreneurs to set up their startups in industries such as Ecommerce & Retail, Hardware & IoT, Energy & Environment. These three industries represent about 21% of the startups represented on the Startup Ecosystem Map of Oslo.
Oslo is Norway's 1st best startup ecosystem and is ranked 14th in Western Europe. With a population of 1M - 2M people, Oslo is ranked 66th in the world. The city has some notable startup success stories including Oda.
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A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]
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Startup Ecosystem of Oslo | StartupBlink