Arne Tonning

Partner @ Alliance VC | Engineer-turned-investor | Backing Nordic startups scaling globally

📍 Greater Oslo Region, Norway🔄 Updated July 2026💼 17 investments📅 18 years investing🗓 Last invested Nov 2025𝕏 @upgrade_to_unlock
VC🌍 NorwayInvested this year
17
Total investments
5
Early stage
5
Mid stage
2
Late stage
18y
Years active

Portfolio

13 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Investor
Nov 2025
At Lace Lithography, we enable the next 100 years of chip production. We develop breakthrough chip patterning technology, which extends Moore’s Law a decade beyond current tech. Our company is headquartered in Norway and has offices in Bergen (NO) and Barcelona (ES). We are actively searching for exceptional talents to join our cutting-edge development team in Bergen and Barcelona. Reach out to us at careers@lacelithography.com to connect.
Investor
Sep 2025
Newcode.ai transforms processes with AI-powered precision! From reviewing and summarizing to translating, anonymizing and transcribing, our platform handles the heavy lifting, so your team can focus on high-impact work. Built for high-performing legal teams, Newcode.ai leverages agentic AI processes to turn hours of repetitive work into minutes of smart automation. Ready to elevate your practice? Explore how Newcode.ai can help you get faster results, reduce friction and empower your legal team. Contact us at Newcode.ai to get started today!
Investor & Board Member
Jul 2024
Versiro develops software that provides tailor-made strategies for power producers operating in uncertain electricity markets. The company is a spin-out from the department of Electrical Power Engineering and the department of Industrial Economics and Technology Management at the Norwegian University of Science and Technology (NTNU). Its software is based on the PhD research of the founders Simon Risanger and Markus Löschenbrand.
Investor
Aug 2023
Deckmatch harnesses the power of AI and advanced analytics to transform investment deal flow. Our platform offers a seamless way to integrate your deal flow alongside external data, providing investors with smart parsing, precise startup-investor matching, and actionable insights through customized memos. With our API, integrate Deckmatch into your existing workflow and CRM and elevate your investment strategy with deep, analytical insights. #FromUnstructuredToUnstoppable
Investor
Jan 2023
1X is a leader in humanoid robotics, creating humanoid robots for the home as a first step in developing general purpose robots 1X’s mission is to create an abundance of labor through safe, intelligent humanoids that work alongside people.
Seed Investor
Nov 2022
On a mission to reinvent how humans, teams, and computers work together.
Investor & Board Member
Jun 2022
Globus is a platform that enables staffing agencies and recruiters to place more candidates – faster. Much faster. From job requests to search, matching and booking – the whole process takes seconds. Even with high volume job requirements. Our customers typically improve their results (net fee income) with 40%. Globus.ai will both speed up and transform you as a professional - and boost your staffing business.
Investor & Board Member
Jan 2021
IndyKite is building a new paradigm of customer centric, digital identity solutions, with a connected data core. IndyKite helps innovative businesses to move beyond traditional IAM and realize greater business value across all products and services. With breakthrough products that securely manage human, IoT, APIs, and machine identity, IndyKite delivers context-aware advanced authorization, knowledge driven decisions, trusted data sharing and risk analytics. Built on a knowledge graph data model and leveraging machine learning, IndyKite enables developers with flexible APIs through a growing open-source ecosystem.
Investor & Cheerleader
Dec 2018
Superside is the leading Creative-as-a-Service (CaaS) company that helps over 450 ambitious brands get great design and creative done at scale. With our design subscription service, marketing and creative teams can unbottleneck design, move faster and drive more reliable creative performance. We help the worlds leading companies like Google, Meta, Amazon, Salesforce, Red Bull and Boston Consulting Group with advertising creative, brand design, video production and more. No longer chained to over-taxed in-house creative teams, our customers reduce costs and move quickly with infinite scale.
Investor & Fan
Jan 2018
Aquabyte is one of the few companies applying machine learning / computer vision to directly solve the world’s food sustainability issues. Fish farming is the #1 fastest growing sector of food production - a $300B worldwide industry. By improving fish farm efficiency, we help close the world’s impending protein deficit. We work on very challenging distributed image processing and machine learning problems, and our work has direct relevance on the world’s food chain. Come join us! Apply now: https://jobs.lever.co/aquabyte
Board Member
Nov 2017
Northern.tech is the leader in device lifecycle management with a mission to secure the world's connected devices. Established in 2008, Northern.tech showcases a long history of enterprise technology management before IIoT and IoT became buzzwords. Northern.tech is the company behind CFEngine, the pioneer in server configuration management, to automate large-scale IT operations and compliance. In 2015, Northern.tech released the first version of Mender.io, the market leader in over-the-air (OTA) software update management. Mender offers robust, secure, and customizable OTA software updates for smart devices. Powering OTA software updates for more than a million devices worldwide over nearly a decade, Mender boasts a proven track record with Fortune 1000 clients, including Panasonic, Lyft, Volkswagen, Siemens, Thales, and ZF Group. Learn more about device lifecycle management for devices.
Board Member / CoB
Feb 2009
The idea behind Encap Security was created in 2006, when a group of experts brought together by Norwegian banks developed and patented a ground-breaking software-based mobile ID solution. Today our Encap SCA product is trusted by major banking institutions and national identity schemes, as a single solution for customer mobile authentication and security, for all digital use cases and across all channels. Great user experience combined with configurability and high security are ever more in demand as companies move towards digital and mobile first business. We at Encap believe that a mobile app can be used to secure customer journeys across all channels. Users should have the easy and convenient access they demand in today’s mobile-first market. Regulatory compliance should not be at the expense of user experience. And authentication should build loyalty and trust, not add friction. Encap Security – the heart of secure mobile business
Board Member / Observer BoD
Jul 2008
NOVELDA is a privately held sensor company based in Norway and specializing in Ultra-Wideband (UWB) radar technology. The core of our groundbreaking innovation is the Ultra-Wideband (UWB) System on Chip (SoC), along with modules, and software. NOVELDA Ultra-Wideband Sensor delivers the most reliable human presence sensing in the world. The sensor can detect vital signs like heartbeat and pulse, and a person’s movements up to 10 meters away. Our sensors are being used in anything from premium laptops, in sleep and baby monitors, to HVAC-control systems. Our customers are among the global technology giants in industries like consumer electronics, building automation, smart home, digital health and automotive. We enable energy savings and improved user experiences. Ultra-Wideband technology is predicted to become as big as Bluetooth by industry analysts. Our vision: Making life easier by creating seamless interaction between people and things.
Experience · 18 entries
All (18)
Investments (17)
Board (9)
2025
Investor
Nov 2025
At Lace Lithography, we enable the next 100 years of chip production. We develop breakthrough chip patterning technology, which extends Moore’s Law a decade beyond current tech. Our company is headquartered in Norway and has offices in Bergen (NO) and Barcelona (ES). We are actively searching for exceptional talents to join our cutting-edge development team in Bergen and Barcelona. Reach out to us at careers@lacelithography.com to connect.
Investor
Sep 2025
Newcode.ai transforms processes with AI-powered precision! From reviewing and summarizing to translating, anonymizing and transcribing, our platform handles the heavy lifting, so your team can focus on high-impact work. Built for high-performing legal teams, Newcode.ai leverages agentic AI processes to turn hours of repetitive work into minutes of smart automation. Ready to elevate your practice? Explore how Newcode.ai can help you get faster results, reduce friction and empower your legal team. Contact us at Newcode.ai to get started today!
2024
Investor & Board Member
Jul 2024
Versiro develops software that provides tailor-made strategies for power producers operating in uncertain electricity markets. The company is a spin-out from the department of Electrical Power Engineering and the department of Industrial Economics and Technology Management at the Norwegian University of Science and Technology (NTNU). Its software is based on the PhD research of the founders Simon Risanger and Markus Löschenbrand.
2023
Investor
Aug 2023
Deckmatch harnesses the power of AI and advanced analytics to transform investment deal flow. Our platform offers a seamless way to integrate your deal flow alongside external data, providing investors with smart parsing, precise startup-investor matching, and actionable insights through customized memos. With our API, integrate Deckmatch into your existing workflow and CRM and elevate your investment strategy with deep, analytical insights. #FromUnstructuredToUnstoppable
Investor
Jan 2023
1X is a leader in humanoid robotics, creating humanoid robots for the home as a first step in developing general purpose robots 1X’s mission is to create an abundance of labor through safe, intelligent humanoids that work alongside people.
Show all 18 entries ↓
Investment activity
2008–2025 · 17 investments
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