RunwayFBU
RunwayFBU is an early-stage venture capital fund and tech hub located in Fornebu/Lysaker, Norway. Founded in 2021 by Kjell Inge Røkke and Tor Bækkelund, the company focuses on accelerating data-centric industrial software and hardware startups in heavy industries. With a fund size of $30 million, RunwayFBU aims to make approximately 30 investments over three years. The company provides early-stage capital ranging from $100,000 to $3 million for pre-seed and seed stage startups. It offers strategic support by connecting portfolio companies with pilot clients and real-world testing environments
Investing activity
RunwayFBU appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $6M. The most recent is OTee (Seed, €5.3M, May 2026).
RunwayFBU most often invests alongside North Ventures, Superangel, Atlas SGR and Antler Elevate (Antler), and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about RunwayFBU
What AI companies has RunwayFBU invested in?
RunwayFBU's AI investments include OTee. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is RunwayFBU based?
RunwayFBU is based in Fornebu, Akershus, Norway.
What stage does RunwayFBU invest at?
In the rounds tracked on AI Lounge, RunwayFBU has invested at Seed, with a median round of $6M.
Who does RunwayFBU co-invest with?
RunwayFBU's most frequent co-investors on AI Lounge are North Ventures (1 deal), Superangel (1 deal), Atlas SGR (1 deal) and Antler Elevate (Antler) (1 deal).
How can founders reach RunwayFBU?
Founders on AI Lounge can see RunwayFBU's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add RunwayFBU to their Investor Pipeline to track the conversation.