{"id":6351,"date":"2026-09-02T18:21:58","date_gmt":"2026-09-02T16:21:58","guid":{"rendered":"https:\/\/www.norban.no\/?page_id=6351"},"modified":"2026-09-16T07:19:14","modified_gmt":"2026-09-16T05:19:14","slug":"fundraising","status":"publish","type":"page","link":"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/","title":{"rendered":"Fundraising Knowledge Base"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"6351\" class=\"elementor elementor-6351\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3eadacb elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3eadacb\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3667aa8\" data-id=\"3667aa8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9255b7a elementor-widget elementor-widget-heading\" data-id=\"9255b7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-heading-title elementor-size-default\">Fundraising<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9e7d25 elementor-widget elementor-widget-heading\" data-id=\"d9e7d25\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">The fundraising knowledge base<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c40541 elementor-widget elementor-widget-text-editor\" data-id=\"3c40541\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>What a Norwegian founder needs in order to raise from angels: getting the company ready, building the materials, running the process, and living with the terms afterwards.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a8da2e4 elementor-widget elementor-widget-html\" data-id=\"a8da2e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<form role=\"search\" method=\"get\" class=\"kb-search kb-search--fundraising\" action=\"https:\/\/www.norban.no\/\" style=\"display:flex;flex-wrap:wrap;gap:12px;align-items:center;max-width:560px;\"><label class=\"screen-reader-text\" for=\"kb-search-fundraising\">Search the fundraising knowledge base<\/label><input type=\"search\" id=\"kb-search-fundraising\" name=\"s\" value=\"\" placeholder=\"Search the fundraising knowledge base\" style=\"flex:1 1 260px;min-width:0;padding:12px 14px;border:1px solid #DCE5F0;border-radius:5px;font:inherit;line-height:1.4;\" \/><input type=\"hidden\" name=\"post_type\" value=\"norban_kb\" \/><button type=\"submit\" style=\"flex:0 0 auto;padding:12px 26px;border:0;border-radius:5px;background:#FFFFFF;color:#00205B;font:inherit;font-weight:700;line-height:1.4;cursor:pointer;\">Search<\/button><\/form>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-71a8f66 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"71a8f66\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-840f69a\" data-id=\"840f69a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-82d0e16 elementor-widget elementor-widget-heading\" data-id=\"82d0e16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">New Startup Founders - Start here<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c5c6d68 elementor-widget elementor-widget-text-editor\" data-id=\"c5c6d68\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Three articles that give you the basics of seeking startup investments before you dive into the details.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-6f14674 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6f14674\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-780dee8\" data-id=\"780dee8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a738a27 elementor-view-framed elementor-position-block-start kb-cardlink kb-flagged kb-flagged--free elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"a738a27\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/what-angel-investors-expect-in-return\/\" class=\"elementor-icon\" tabindex=\"-1\" aria-label=\"What angel investors are, and what they expect in return\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-handshake\"><\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/what-angel-investors-expect-in-return\/\" >\n\t\t\t\t\t\t\tWhat angel investors are, and what they expect in return\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tOwn money, equity or convertible, and the experience and network that come with the cheque.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-e77c144\" data-id=\"e77c144\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-567779e elementor-view-framed elementor-position-block-start kb-cardlink kb-flagged kb-flagged--free elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"567779e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/are-you-investor-ready-a-self-assessment\/\" class=\"elementor-icon\" tabindex=\"-1\" aria-label=\"Are you investor ready? A self-assessment\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-clipboard-check\"><\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/are-you-investor-ready-a-self-assessment\/\" >\n\t\t\t\t\t\t\tAre you investor ready? A self-assessment\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tA scored checklist that produces a gap list rather than a verdict.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-inner-column elementor-element elementor-element-8c18aab\" data-id=\"8c18aab\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-cba5a40 elementor-view-framed elementor-position-block-start kb-cardlink kb-flagged kb-flagged--register elementor-shape-circle elementor-mobile-position-block-start elementor-widget elementor-widget-icon-box\" data-id=\"cba5a40\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"icon-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-icon-box-wrapper\">\n\n\t\t\t\t\t\t<div class=\"elementor-icon-box-icon\">\n\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/the-pitch-deck-what-each-slide-has-to-answer\/\" class=\"elementor-icon\" tabindex=\"-1\" aria-label=\"The pitch deck: what each slide has to answer\">\n\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-file-alt\"><\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\n\t\t\t\t\t\t<div class=\"elementor-icon-box-content\">\n\n\t\t\t\t\t\t\t\t\t<h3 class=\"elementor-icon-box-title\">\n\t\t\t\t\t\t<a href=\"https:\/\/www.norban.no\/knowledge\/fundraising\/the-pitch-deck-what-each-slide-has-to-answer\/\" >\n\t\t\t\t\t\t\tThe pitch deck: what each slide has to answer\t\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<p class=\"elementor-icon-box-description\">\n\t\t\t\t\t\tSlide by slide, with the question each one has to close before the next matters.\t\t\t\t\t<\/p>\n\t\t\t\t\n\t\t\t<\/div>\n\t\t\t\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8a6fc0f elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8a6fc0f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-0f01c16\" data-id=\"0f01c16\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6873a05 elementor-widget elementor-widget-heading\" data-id=\"6873a05\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Angel funding and your business model<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-97c4fa9 elementor-widget elementor-widget-text-editor\" data-id=\"97c4fa9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>What an angel is and what they expect in return, and the evidence a business model needs before you ask anyone for money.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-65d959b elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"65d959b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:&quot;6343&quot;,&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t<style id=\"loop-6343\">.elementor-6343 .elementor-element.elementor-element-341241f:not(.elementor-motion-effects-element-type-background), .elementor-6343 .elementor-element.elementor-element-341241f > .elementor-motion-effects-container > .elementor-motion-effects-layer{background-color:var( --e-global-color-bff987f );}.elementor-6343 .elementor-element.elementor-element-341241f{border-style:solid;border-width:1px 1px 1px 1px;border-color:#DCE5F0;box-shadow:0px 6px 20px 0px rgba(0,32,91,0.10);transition:background 0.3s, border 0.3s, border-radius 0.3s, box-shadow 0.3s;padding:20px 20px 20px 20px;}.elementor-6343 .elementor-element.elementor-element-341241f, .elementor-6343 .elementor-element.elementor-element-341241f > .elementor-background-overlay{border-radius:10px 10px 10px 10px;}.elementor-6343 .elementor-element.elementor-element-341241f > .elementor-background-overlay{transition:background 0.3s, border-radius 0.3s, opacity 0.3s;}.elementor-6343 .elementor-element.elementor-element-e3fd679 > .elementor-widget-container{margin:0px 0px 14px 0px;}.elementor-6343 .elementor-element.elementor-element-7148233 .elementor-heading-title{font-size:20px;line-height:1.3em;}.elementor-6343 .elementor-element.elementor-element-7148233 > .elementor-widget-container{margin:0px 0px 8px 0px;}.elementor-6343 .elementor-element.elementor-element-e0dfc15{font-size:15px;line-height:1.5em;}.elementor-6343 .elementor-element.elementor-element-e0dfc15 > .elementor-widget-container{margin:0px 0px 10px 0px;}.elementor-6343 .elementor-element.elementor-element-2d6b2d5 .elementor-button{fill:var( --e-global-color-b99b3ca );color:var( --e-global-color-b99b3ca );background-color:#19559E;border-radius:5px 5px 5px 5px;padding:12px 20px 12px 20px;}.elementor-6343 .elementor-element.elementor-element-2d6b2d5 > .elementor-widget-container{margin:12px 0px 0px 0px;}@media(max-width:767px){.elementor-6343 .elementor-element.elementor-element-e0dfc15{font-size:15px;}}<\/style>\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6439 post-6439 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s6-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6445\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 6 of 8: Business model and evidence. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S6, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s6-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s6-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s6-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s6.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Business models investors understand<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tA recognisable business model tells an investor what your economics should look like and what has to be proven. Naming yours precisely, and knowing the proof it demands, is worth more than a novel hybrid nobody can price.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Foundation<\/span><span class=\"kb-meta__item kb-meta__time\">7 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/business-models-investors-understand\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6465 post-6465 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-free\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s1-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6440\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 1 of 8: Understanding angel funding. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S1, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s1-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s1-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s1-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s1.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What angel investors are, and what they expect in return<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAn angel invests personal money in your company in exchange for shares, and usually expects to bring more than the money. What you get for it, what it costs you in ownership and information, and the years it commits you both to.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Foundation<\/span><span class=\"kb-meta__item kb-meta__time\">8 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/what-angel-investors-expect-in-return\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2073f9c elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2073f9c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-71d21e2\" data-id=\"71d21e2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-195e30a elementor-widget elementor-widget-heading\" data-id=\"195e30a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Investor readiness<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcd8113 elementor-widget elementor-widget-text-editor\" data-id=\"bcd8113\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The housekeeping, agreements and records that decide whether a round survives diligence.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f722f2e elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"f722f2e\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:&quot;6343&quot;,&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6511 post-6511 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-free\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6441\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 2 of 8: Investor readiness. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S2, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Are you investor ready? A self-assessment<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tInvestors score startups against a fixed set of areas, and the areas are stable enough to score yourself against first. The result is a list of gaps and an order to close them in.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Foundation<\/span><span class=\"kb-meta__item kb-meta__time\">7 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/are-you-investor-ready-a-self-assessment\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6466 post-6466 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6441\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 2 of 8: Investor readiness. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S2, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Company housekeeping before you raise<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tMost due diligence findings in a founder company are housekeeping: a share register that does not match reality, minutes never written, filings late, contracts never signed, promises never recorded. Each is cheap to fix now and expensive mid-raise, when every finding becomes a condition, a warranty or a cut in the price.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">14 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><span class=\"kb-meta__item kb-meta__norway\"><span aria-hidden=\"true\">&#127475;&#127476;<\/span> Norwegian law<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/company-housekeeping-before-you-raise\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6467 post-6467 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6441\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 2 of 8: Investor readiness. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S2, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s2.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Founder agreements, vesting and the cap table you will be judged on<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tA cap table is read as the record of every ownership decision the founders have made. A departed co-founder with a third of the company, founders who never signed anything with each other, or a lead founder diluted too far will end a conversation before terms are discussed. What to settle now, and how to repair what is broken.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">12 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><span class=\"kb-meta__item kb-meta__norway\"><span aria-hidden=\"true\">&#127475;&#127476;<\/span> Norwegian law<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/founder-agreements-vesting-and-the-cap-table\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-340a50c elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"340a50c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-01118f8\" data-id=\"01118f8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4138960 elementor-widget elementor-widget-heading\" data-id=\"4138960\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The materials<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4a54c73 elementor-widget elementor-widget-text-editor\" data-id=\"4a54c73\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The deck, the model, the one-pager and the data room, and what each one has to prove.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d0c9ee elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"4d0c9ee\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:&quot;6343&quot;,&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6469 post-6469 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6442\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 3 of 8: The materials. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S3, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The data room: complete contents checklist<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tInvestors ask for the same categories of documents every time, in roughly the same order. Build the data room to that list before it arrives, and due diligence becomes a walkthrough of work already done.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Reference<\/span><span class=\"kb-meta__item kb-meta__time\">12 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/the-data-room-complete-contents-checklist\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6468 post-6468 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6442\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 3 of 8: The materials. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S3, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The financial model investors expect<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tInvestors open the model to see how you think, and they test it in predictable ways. A working model with visible assumptions and an ask that follows from the cash line survives that reading.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">10 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/the-financial-model-investors-expect\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6512 post-6512 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6442\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 3 of 8: The materials. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S3, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s3.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The pitch deck: what each slide has to answer<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAn investor reads a deck with a fixed set of questions in mind, and each slide exists to close one of them. The questions are stable across investors and knowable before the file is opened, so building the deck is a matter of collecting the evidence that closes each one.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Foundation<\/span><span class=\"kb-meta__item kb-meta__time\">7 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/the-pitch-deck-what-each-slide-has-to-answer\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ac3f392 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"ac3f392\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-10cddb3\" data-id=\"10cddb3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-61efcc9 elementor-widget elementor-widget-heading\" data-id=\"61efcc9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Valuation and terms, founder side<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a19d347 elementor-widget elementor-widget-text-editor\" data-id=\"a19d347\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>How a price is set, what the clauses do, and what your cap table looks like three rounds out.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5046f7f elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"5046f7f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:&quot;6343&quot;,&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6470 post-6470 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6443\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 4 of 8: Valuation and terms, founder side. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S4, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">How to think about valuation at pre-seed and seed<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tAt pre-seed there is nothing to discount and nothing to compare, so the price is negotiated within norms both sides can check. An investor runs two tests on your number, the stage it sits at and the exit it implies. Know both, and know what a price your next round cannot clear will cost you.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Foundation<\/span><span class=\"kb-meta__item kb-meta__time\">8 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/valuation-at-pre-seed-and-seed\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6471 post-6471 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6443\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 4 of 8: Valuation and terms, founder side. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S4, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Pricing the round, or deferring it<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tA deferred-pricing instrument moves the valuation question to a later date and settles it in advance through a discount and a cap, sometimes on worse terms than naming a number would have produced. The arithmetic for deciding follows, in the two forms Norwegian practice uses.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">14 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/pricing-the-round-or-deferring-it\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6472 post-6472 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6443\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 4 of 8: Valuation and terms, founder side. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S4, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s4.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The aksjon\u00e6ravtale from the founder&#8217;s side<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tThe shareholders&#8217; agreement is the document you will live with longest, through every later round and up to the exit. Most of its clauses are standard because Norwegian company law protects nobody&#8217;s expectations by default. A few deserve a real negotiation, and a few should make you stop and take advice before signing.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">13 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><span class=\"kb-meta__item kb-meta__norway\"><span aria-hidden=\"true\">&#127475;&#127476;<\/span> Norwegian law<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/aksjonaravtale-from-the-founders-side\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-9a5c41a elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"9a5c41a\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcc5ac0\" data-id=\"fcc5ac0\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a5c80cd elementor-widget elementor-widget-heading\" data-id=\"a5c80cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Running the raise, at home and abroad<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9710e11 elementor-widget elementor-widget-text-editor\" data-id=\"9710e11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Surviving diligence, closing under Norwegian company law, and what changes when the money comes from outside Norway.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-732cc3d elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"732cc3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;template_id&quot;:&quot;6343&quot;,&quot;_skin&quot;:&quot;post&quot;,&quot;columns&quot;:&quot;3&quot;,&quot;columns_tablet&quot;:&quot;2&quot;,&quot;columns_mobile&quot;:&quot;1&quot;,&quot;edit_handle_selector&quot;:&quot;[data-elementor-type=\\&quot;loop-item\\&quot;]&quot;,&quot;row_gap&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;row_gap_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"loop-grid.post\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-loop-container elementor-grid\" role=\"list\">\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6474 post-6474 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6444\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 5 of 8: Running the raise. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S5, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Closing in Norway<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tIn a Norwegian AS a round closes through a fixed statutory sequence of resolution, subscription, payment, confirmation and registration. Until the capital increase is registered, the money is not raised and the shares do not exist, whatever the investment agreement says.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Reference<\/span><span class=\"kb-meta__item kb-meta__time\">8 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><span class=\"kb-meta__item kb-meta__norway\"><span aria-hidden=\"true\">&#127475;&#127476;<\/span> Norwegian law<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/closing-a-round-in-norway\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6475 post-6475 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s8-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6446\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 8 of 8: International. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S8, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s8-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s8-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s8-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s8.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Raising from international investors as a Norwegian company<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tForeign investors do not change which law governs your company. They change the documents, the expectations and the questions you answer twenty times. Most of that friction is predictable, and most of it can be prepared before the first call.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">13 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><span class=\"kb-meta__item kb-meta__norway\"><span aria-hidden=\"true\">&#127475;&#127476;<\/span> Norwegian law<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/raising-from-international-investors\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<div data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6473 post-6473 norban_kb type-norban_kb status-publish has-post-thumbnail hentry kb-access-register\" data-elementor-post-type=\"elementor_library\" data-custom-edit-handle=\"1\">\n\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-341241f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"341241f\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cd037d8\" data-id=\"cd037d8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e3fd679 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"e3fd679\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-6444\" alt=\"Branded NorBAN Knowledge Base featured image for the Fundraising track, pillar 5 of 8: Running the raise. Navy header band reading &apos;NorBAN Knowledge Base&apos; with the &apos;FUNDRAISING&apos; track eyebrow, a circular icon medallion in the green track accent colour with the pillar code S5, the pillar title, and a thin green accent rule top and bottom.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/09\/norban-kb-featured-fundraising-s5.png 1200w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7148233 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"7148233\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Surviving due diligence<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0dfc15 elementor-widget elementor-widget-text-editor\" data-id=\"e0dfc15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\tDue diligence checks that what you have told investors is true. The questions are standard and knowable in advance, and everything material surfaces eventually. The decision left to you is whether it surfaces from you early or from the process late.\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dde1243 elementor-widget elementor-widget-shortcode\" data-id=\"dde1243\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"shortcode.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-shortcode\"><div class=\"kb-meta kb-meta--fundraising\"><span class=\"kb-meta__item kb-meta__level\">Practitioner<\/span><span class=\"kb-meta__item kb-meta__time\">11 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 2 september, 2026<\/span><\/div><\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d6b2d5 elementor-align-left elementor-widget elementor-widget-button\" data-id=\"2d6b2d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/surviving-due-diligence\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read the article<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5795ea2 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5795ea2\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-539d6ff\" data-id=\"539d6ff\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74250fe elementor-widget elementor-widget-heading\" data-id=\"74250fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Terms, and the other side of the table<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e0cfe9f elementor-widget elementor-widget-text-editor\" data-id=\"e0cfe9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Norwegian and English, side by side, in the <a href=\"\/knowledge\/glossary\/\">glossary<\/a>.<\/p><p>The other side of the table: <a href=\"\/knowledge\/investing\/\">angel investing<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e95414b elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e95414b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b492cf6\" data-id=\"b492cf6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-fbd468a elementor-widget elementor-widget-heading\" data-id=\"fbd468a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Raising from angels<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-32b081b elementor-widget elementor-widget-text-editor\" data-id=\"32b081b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>NorBAN introduces investor-ready Norwegian companies to its angel members. The route in is the same for everyone: a clear company, a clear ask, and materials that hold up.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b6f3045 elementor-align-center elementor-mobile-align-center elementor-widget elementor-widget-button\" data-id=\"b6f3045\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-md elementor-animation-grow\" href=\"https:\/\/www.norban.no\/services\/get-funding\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Submit your startup<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Fundraising The fundraising knowledge base What a Norwegian founder needs in order to raise from angels: getting the company ready, building the materials, running the process, and living with the 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