On behalf of Oslo Business Region, Menon Economics has identified startups and scaleups in the Oslo region. The report highlights startups’ and scaleups’ societal contribution to employment and value creation in the region.
The report shows that the Oslo Region is home to 1855 startups, a reduction of three percent from 2021. Of these, 260 are identified as capital and R&D intensive and are considered to have high growth potential. Furthermore, we find 198 scaleups, an increase of seven percent since 2021. Startups and scaleups in the Oslo region employ 14,300 people and have a value creation of NOK 12.3 billion. Early-stage companies in the Oslo region are attracting more and more capital. Compared to its Nordic neighbours, access to capital in the early phase has improved, as there is an increasing number of scaleups and new investment funds in Oslo.