Venture Capital 2025

NORWAY Trends and Developments

Trends and Developments Contributed by: Nicolai Julsvoll, Øyvind Mork Karlsen and Jørn Hove Thommessen Thommessen was established in 1856 and is one of Norway’s leading commercial law firms. Approximately 320 partners and associates provide advice to Norwegian and international companies as well as organisations in the pub - lic and private sectors – ranging from SMEs to large multinational corporations – on transac - tions, complex projects and contentious mat - ters in all areas of commercial law from the firm’s offices in Oslo, Bergen, Stavanger and London. Thommessen lawyers’ robust professional le - gal expertise is combined with in-depth indus - try knowledge, keeping abreast of trends and

developments on an ongoing basis to provide advice that facilitates long-term value creation. Thommessen has one of Norway’s largest and most experienced private equity and venture capital teams, providing high-end advice on all aspects of a successful early-stage company’s life cycle – from initial capitalisation to Series A, B and C financing, add-on M&A to exit, in - cluding structuring of management incentive programme, employment matters, regulatory matters, protection of IP rights, negotiations of business agreements, and tax.

Authors

Nicolai Julsvoll is a partner in Thommessen’s M&A group and has extensive experience with M&A and capital markets transactions. Nicolai acts for numerous Norwegian and

Øyvind Mork Karlsen is a partner in Thommessen’s M&A group and has considerable experience of M&A, venture capital and growth equity transactions. He acts for

international private equity houses, investment banks, stock exchange listed companies and private companies. He also co-heads Thommessen’s venture capital group and regularly assists Norwegian and international venture capital firms, as well as several start- ups.

numerous Norwegian and international private equity and venture capital firms, family offices, founders and private companies in transactions within a broad range of industries. Øyvind is ranked as a Rising Star in Corporate and M&A by leading international ranking agencies.

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