RunwayFBU is an early-stage venture capital fund and tech hub based in Norway, dedicated to supporting software-driven technology companies founded by ambitious entrepreneurs. Established in 2021 by Kjell Inge Røkke, a prominent Nordic entrepreneur, and Tor Bækkelund, former co-founder of StartupLab, RunwayFBU focuses on backing European industrial software technology startups that leverage data and technology to enhance industry efficiency, sustainability, and reliability. The fund operates with a $30 million capital base, targeting early-stage investments ranging from $100K to $2M–$3M, aiming to make 30 investments over three years.

Their portfolio includes companies like Phantasma Labs, Muybridge, and Sonair, reflecting a commitment to data-centric technology solutions. RunwayFBU's approach is founder-friendly, offering access to Aker companies as key pilot clients, and they recently relocated to Aker Tech House to foster a collaborative ecosystem for industrial software companies.