RunwayFBU

RunwayFBU is an early-stage venture capital fund and tech hub based in Norway, founded in 2021 by Kjell Inge Røkke and Tor Bækkelund. The firm operates a $30 million fund focused on pre-seed and seed investments, ranging from $100k to $3m, in European industrial software and data-centric technology companies. Its investment thesis targets startups that enhance efficiency, sustainability, and resilience in heavy industries like energy, manufacturing, and maritime. The 'FBU' in the name is a reference to the airport code for Fornebu, its first location. The fund is backed by Aker and provides its portfolio companies with access to the Aker industrial network for pilots and scaling.