Norner

Stathelle, Norway Founded: 2007 • Age: 19 yrs Acquired By SCGC
Provider of carbon to polymer development
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About Norner

Norner is a company based in Stathelle (Norway) founded in 2007 was acquired by SCGC in December 2014.. The company has 88 employees as of February 12, 2025. Norner offers products and services including Polymer Development and Consulting.

  • Headquarter Stathelle, Norway
  • Employees 88 as on 12 Feb, 2025
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Norner As
Operational Areas
Key Metrics
  • Annual Revenue
    $13.51 M (USD)
    9
    as on Dec 31, 2022
  • Net Profit
    $732.67 (USD)
    -100
    as on Dec 31, 2022
  • EBITDA
    $22.18 K (USD)
    -98
    as on Dec 31, 2022
  • Latest Funding Round
    $665.03 K (USD), Grant

    Jan 01, 2021

  • Investors
    SCGC

    & 1 more

  • Employee Count
    88

    as on Feb 12, 2025

  • Acquired by
    SCGC

    (Dec 22, 2014)

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Products & Services of Norner

Norner offers a comprehensive portfolio of products and services, including Polymer Development and Consulting. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Polymer development is conducted for industries including healthcare and automotive, focusing on innovation and material testing.

Consulting is provided for business strategies, cost reduction, and circular economy initiatives to enhance operational efficiency.

Funding Insights of Norner

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $665,029
  • First Round

    (01 Jan 2019)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2021 Amount Grant - Norner Valuation

investors

Jun, 2019 Amount Grant - Norner Valuation

investors

Jan, 2019 Amount Grant - Norner Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Norner

Norner has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include SCGC and European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Petrochemical products are manufactured and supplied by SCGC.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Norner

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Norner

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Norner Comparisons

Employees
+
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Competitors of Norner

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Norner

Frequently Asked Questions about Norner

When was Norner founded?

Norner was founded in 2007 and raised its 1st funding round 12 years after it was founded.

Where is Norner located?

Norner is headquartered in Stathelle, Norway. It is registered at Stathelle, Vestfold Og Telemark, Norway.

Who is the current CEO of Norner?

Kjetil Larsen is the current CEO of Norner.

How many employees does Norner have?

As of Feb 12, 2025, the latest employee count at Norner is 88.

What is the annual revenue of Norner?

Annual revenue of Norner is $13.51M as on Dec 31, 2022.

What does Norner do?

Norner was founded in 2007 and is headquartered in Stathelle, Norway. Operations focus on the materials science sector, where carbon-based polymer development is conducted. Services include research and innovation in polymer technologies, supporting industrial applications. The company serves clients in the polymer industry across Europe, with expertise led by CEO Kjetil Larsen. Activities emphasize sustainable material solutions without direct manufacturing.

What products or services does Norner offer?

Norner offers Polymer Development and Consulting.

Who are Norner's investors?

Norner has 2 investors. Key investors include SCGC, and European Union.

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