About Arkwright X
Arkwright X is a venture capital firm founded in 2017. It is primarily based out of Oslo, Norway. As of Jul 2025, Arkwright X has invested in 13 companies. It primarily invests in Seed round in Norway based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Real Estate and Construction Tech. Most recently it participated in the $***** Seed round of Qurrent Overall, Arkwright X portfolio has seen 1 acquisition, namely Spacemaker. A lot of funds co-invest with Arkwright X, with names like Idekapital sharing a substantial percentage of its portfolio. Arkwright X has team of 6 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Arkwright X's List of Top Investments
Arkwright X has a portfolio of 13 companies. Their most notable investments are in Enin and Economic Mind.Their portfolio spans across Norway and Sweden. They have invested in Enterprise Applications, High Tech, Real Estate and Construction Tech and 7 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Arkwright X:1. Two
Point of sale financing solution for e-commerce businesses. It offers a solution that enables businesses to provide buy now pay later financing options to the end customers. It features KYC and customer onboarding, customized payment terms based on user profile, automated checkout rules, and more.
Key facts about Two
- Founded Year: 2020
- Location: Oslo (Norway)
- Stage: Series A
- Total Funding till date: $48M
- Employee Count: 113 as on Jul 31, 2026
- Investors: Sequoia Capital, LocalGlobe and 14 Others
- Latest Funding Round: Series A, Jul 11, 2025, $*****
- Highlight: Editors' Pick
2. Unleash
Cloud based feature management solutions provider. The platform helps businesses in managing features of the software by automating the control mechanisms and testing. It also offers SDKs and APIs which deploy and automates the process of A and B testing. Real time insights, multiple programming languages support are some of the features of the product.
Key facts about Unleash
- Founded Year: 2015
- Location: Fornebu (Norway)
- Stage: Series B
- Total Funding till date: $51.5M
- Employee Count: 56 as on Jul 31, 2026
- Investors: Spark Capital, Frontline Ventures and 8 Others
- Latest Funding Round: Series B, Mar 04, 2026, $*****
- Highlight: Editors' Pick
3. Vind
Vind.ai is an AI-assisted recruiting platform. It automatically collects applicant information from public and social profiles and qualifies them. It then assigns scores and ranks applicants to prioritize engaging with the candidates for the job. It also provides analytics on the hiring funnel. Also offered is a chatbot that will engage applicants for pre-qualification.
Key facts about Vind
- Founded Year: 2022
- Location: Oslo (Norway)
- Stage: Seed
- Total Funding till date: $3.31M
- Employee Count: 29 as on Jul 31, 2026
- Investors: Norrsken VC and Arkwright X
- Latest Funding Round: Seed, Sep 11, 2024, $*****
4. Spacemaker
Cloud and AI-enabled analysis and design software for construction sites. Features include data management, concept testing, customized design, digital collaboration, and more. Additionally, it also offers solutions for real estate developers and architects for site planning.
Key facts about Spacemaker
Marketing intelligence platform for businesses. It enables users to access valuable insights and make informed decisions. It offers insights and resources related to market trends, consumer behavior, and strategic marketing practices. It provides insights into competitors strengths, weaknesses, and market strategies.
Key facts about Economic Mind
- Founded Year: 2024
- Location: Oslo (Norway)
- Stage: Seed
- Total Funding till date: $2.81M
- Employee Count: 13 as on Jul 31, 2026
- Investors: Autodesk, Arkwright X and 8 Others
- Latest Funding Round: Seed, Oct 09, 2024, $*****
Arkwright X's Year-on-Year Investment Trends
Arkwright X has invested in 13 companies over the last 7 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 3 investments. Its most recent first time investment was in Qurrent and most recent follow-on round was in Kvist.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 1 | 3 |
2024 | 3 | 0 | 3 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
Arkwright X's Investments by Stage
Arkwright X has made 7 investments in Seed stage with an average round size of $2.98M and 2 investments in Series A stage with an average round size of $14.6M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series A | 2 |
Note: We have considered here, only first round of investments
Arkwright X's Investments by Sector
Arkwright X has a diverse portfolio, with companies operating in the Enterprise Applications, Sustainability Tech, Environment Tech, Energy Tech and Enterprise Infrastructure. Notably, it has invested in 12 Enterprise (B2B) companies, 11 Tech companies, 9 Software companies and at least 6 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Sustainability Tech | 4 |
Environment Tech | 3 |
Energy Tech | 2 |
Enterprise Infrastructure | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Arkwright X's Investments by Geography
Arkwright X has made most investments in Norway (8), followed by Sweden where it has made 1 investment.Country | No. of Investments |
|---|---|
Norway | 8 |
Sweden | 1 |
Note: We have considered here, only first round of investments
Arkwright X's recent investments
Arkwright X has not made any investment in 2026 so far.Here are the most recent investments by Arkwright X:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 16, 2025 | Sweden | Seed | 2177 | ||
Jul 11, 2025 | Norway | Series A | 2026 | [+6] | |
Feb 25, 2025 | Norway | Seed | 1276 | [+4] | |
Oct 09, 2024 | Norway | Seed | 5071 | [+8] | |
Sep 11, 2024 | Norway | Seed | 2978 |
Acquired companies in Arkwright X's Portfolio
1 company from Arkwright X's portfolio has been acquired. The most recent acquisition was Spacemaker in Nov 2020 by Autodesk for $*****.Here are Arkwright X's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 17, 2020 | - | - | 8806 |
Team profile of Arkwright X
Arkwright X has a team of 6 members including 4 Partners located in Norway. Arkwright X's team does not sit on the board of any company as of now.Here is a list of all team members in Arkwright X:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Oslo | - | ||
Partner | Oslo | - | - | |
Partner | Oslo | - | - | |
Partner | Oslo | - | - |
Co-investors of Arkwright X
Over the past 7 years, 45 investors have co-invested in Arkwright X's portfolio companies. This includes funds and angels.
- Invested before Arkwright X: Alliance Venture, Sequoia Capital and 14 others have invested in rounds before Arkwright X. There are 2 companies where Alliance Venture has invested before Arkwright X and 1 company where Sequoia Capital has invested before Arkwright X.
- Top Co-investors of Arkwright X: 25 investors entered a company along with Arkwright X. These include investors like Idekapital (2 companies).
- Invested after Arkwright X: A total of 4 investors have invested in Arkwright X's portfolio after their investments. Top Investors include One Peak (1 company), Kiilto Ventures (1 company) and Ferd (1 company).
Recent News related to Arkwright X
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Two raises €13 million to scale its B2B payments solutionsZephyrnet•Jul 13, 2025•Two, Idekapital, Shine Capital, Phoenix Court and 5 others
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Kvist raises €1.3M to simplify sustainability reporting for construction and real estateCision•Feb 25, 2025•Kvist, Kiilto, Dun & Bradstreet, Alliance Venture and 4 others
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Vind AI raises €3M seed round to support global shift to energy from windTech.eu•Sep 11, 2024•Vind, Norrsken VC, Arkwright X
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Sumitomo invests in Norwegian biomass-derived CO2 removal firmBioenergy Insight•Jan 22, 2024•Sumitomo, Inherit Carbon Solutions, Farvatn Venture, Arkwright X and 1 other
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Unleash picks up $14m Series AVCJ•Mar 24, 2022•Unleash, Arkwright X, Alliance Venture, Firstminute Capital and 3 others
