NEWS

Norway is one of the world’s richest nations – mostly thanks to the discovery of oil deposits in the North Sea half a century ago. Easy access to capital, coupled with a desire to move the economy beyond fossil fuels, has created fertile ground for startups.

The capital, Oslo, is Norway’s main startup hub, attracting not only local talent but also entrepreneurs from Berlin, London and Stockholm. A report by the Oslo city council claims that, between March 2017 and February 2018, the number of startups in the city grew by nearly 20 per cent, which is faster than in its European rivals.

Many of Oslo’s startups have a hardware focus, developing digitally powered devices that meet specific needs. Here are six startups that caught our eye.

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