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The Startup Ecosystem of Oslo

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.

CITY RANKING

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.

National Ranking

1st
0
In Norway

Regional Ranking

14th
+
1
In Western Europe

Global Ranking

66th
-
2
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Oslo Top Startup Industries

Ecommerce & Retail icon
Ecommerce & Retail
#37 worldwide

47 startups

Hardware & IoT icon
Hardware & IoT
#47 worldwide

27 startups

Energy & Environment icon
Energy & Environment
#48 worldwide

26 startups

Ecosystem HealthCheck

Oslo Ecosystem Health Check

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...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global66-3467
Ecommerce & Retail37-245
Hardware & IoT00.0000.0000.00
Energy & Environment00.0000.0000.00
Software & Data00.0000.0000.00
Marketing & Sales00.0000.0000.00
Social & Leisure00.0000.0000.00
Edtech00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Oslo

Download list
Oda startup logo
Software & Data | Enterprise Technology
Unranked
QuestBack startup logo
Software & Data | Data Analytics
Unranked
Ardoq startup logo
Software & Data | SaaS
Unranked
Whereby startup logo
Social & Leisure | Social & Leisure-Other
Unranked
Opera startup logo
Software & Data | Artificial Intelligence
Unranked
Neat startup logo
Software & Data | Comtech
Unranked
Spond startup logo
Social & Leisure | Sports
Unranked
Otovo startup logo
Energy & Environment | Energy
Unranked
Attensi startup logo
Software & Data | Enterprise Technology
Unranked
CatalystOne Solutions startup logo
Hardware & IoT | Hardware
Unranked
Dr.Dropin startup logo
Healthtech | Health Care
Unranked

Browse 456 more startups in Oslo with the pro account.

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Startup Ecosystem Charts

Startup Funding in Oslo2017 - 2024

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

Oslo
Norway
-41.51% YoY

Funding in 2023

$591.80M

Oslo
Norway
-59.54% YoY

Deals in 2023

83

Oslo
Norway
-30.83% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B03570105140

Ecosystem

The Startup Ecosystem in Oslo

Our startup ecosystem map for Oslo includes a sample of 467 tech companies. We have identified as unicorns 4 startups that have passed the USD 1 billion valuations. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Oslo is ranked within the top 100 startup ecosystems globally.

Top Industries

Oslo’s startups excel particularly in Ecommerce & Retail where it ranks 37 and in Hardware & IoT, and Energy & Environment. Find out more

Top Cities for Startups in Norway - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
66th
-
2
10.443
00.00
00.00
00.00
2nd
0
305th
-
41
1.260
00.00
00.00
00.00
3rd
0
400th
-
56
0.826
00.00
00.00
00.00
4th
0
413th
0
0.769
00.00
00.00
00.00
5th
new
791st
new
0.192
00.00
00.00
00.00
6th
+
1
858th
+
40
0.163
00.00
00.00
00.00
7th
+
1
949th
-
32
0.132
00.00
00.00
00.00
8th
-
2
993rd
-
161
0.117
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Oslo
Oda startup icon
Oda
QuestBack startup icon
QuestBack
Ardoq startup icon
Ardoq

ECOSYSTEM

Why should you join Oslo's Startup Ecosystem?

Overview

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.

1st

National Rank

14th

Regional Rank

Overview

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.

ECOSYSTEM
Startup Infrastructure in Oslo
With a large variety of initiatives, Oslo's startup ecosystem stands out from other cities in Western Europe. Oslo offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Oslo's most prominent support initiatives:

BLOG

Recent Posts

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Thu Mar 06 2025

The Impact of Government Support on Startups

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Thu Feb 20 2025

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