{"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":"2026-10-13T10:27:35","modified_gmt":"2026-10-13T08:27:35","slug":"fundraising","status":"publish","type":"page","link":"https:\/\/www.norban.no\/no\/knowledge\/fundraising\/","title":{"rendered":"Kunnskapsbase for kapitalinnhenting"},"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<div class=\"kb-search-row\"><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><a class=\"kb-glossary-mini\" href=\"\/knowledge\/glossary\/\"><span class=\"kb-glossary-mini__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" width=\"22\" height=\"22\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 5.5A2.5 2.5 0 0 1 6.5 3H20v16H6.5A2.5 2.5 0 0 0 4 21.5z\"\/><path d=\"M4 21.5V5.5\"\/><path d=\"M9 8h7M9 12h5\"\/><\/svg><\/span><span class=\"kb-glossary-mini__text\"><strong>Glossary<\/strong><span>Norwegian and English terms, side by side<\/span><\/span><span class=\"kb-glossary-mini__arrow\" aria-hidden=\"true\">&rarr;<\/span><\/a><\/div>\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\tPersonal capital invested through shares or convertible loans, and the experience and network an investor may contribute.\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\tGo through the presentation slide by slide and see the questions each should answer.\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-74e9af6 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"74e9af6\" 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-c6bfc42\" data-id=\"c6bfc42\" 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-12aec98 elementor-widget elementor-widget-heading\" data-id=\"12aec98\" 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\">Understanding angel funding<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-09bb6bb elementor-widget elementor-widget-text-editor\" data-id=\"09bb6bb\" 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>Who angels are, what they expect in return, and where they fit among the funding options.<\/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-deb5e37 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"deb5e37\" 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-6785 post-6785 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 fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7670\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 1 of 8: Understanding angel funding. What angels expect, how their money compares with other funding, and how much to raise and when. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Angels, VC, grants, loans, crowdfunding<\/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\tAngel money, venture capital, public grants, loans and crowdfunding each fit a different stage and each cost you something different. Understanding what each offers and requires helps you combine them over a few years.\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 13 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\/angels-vc-grants-loans-crowdfunding\/\">\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-6786 post-6786 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\/10\/norban-kb-pillar-fundraising-s1-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7670\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 1 of 8: Understanding angel funding. What angels expect, how their money compares with other funding, and how much to raise and when. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">How much to raise, and when<\/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\tRaise enough to reach a milestone that increases the company&#8217;s value, with a margin for the time needed to raise again. Base the amount on your planned spending and the timing of payments. Both raising too little and raising too much can have a cost.\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\">6 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/how-much-to-raise-and-when\/\">\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-6787 post-6787 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\/10\/norban-kb-pillar-fundraising-s1-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7670\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 1 of 8: Understanding angel funding. What angels expect, how their money compares with other funding, and how much to raise and when. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">The Norwegian funding landscape, stage by stage<\/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\tEach stage of a Norwegian startup has its own funders, and pitching the wrong stage wastes months. From your own money to Series A, the options include public schemes, angels, funds and state co-investment, each with different requirements.\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 13 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\/norwegian-funding-landscape-stage-by-stage\/\">\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 fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7670\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 1 of 8: Understanding angel funding. What angels expect, how their money compares with other funding, and how much to raise and when. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s1-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 wants to contribute experience as well. You gain funding and practical help, while giving up some ownership and taking on reporting obligations. The relationship can last for years.\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-3044fcb elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3044fcb\" 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-154c7a6\" data-id=\"154c7a6\" 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-9ca6715 elementor-widget elementor-widget-heading\" data-id=\"9ca6715\" 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-19630f9 elementor-widget elementor-widget-text-editor\" data-id=\"19630f9\" 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-582ea44 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"582ea44\" 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-6789 post-6789 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\/10\/norban-kb-pillar-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7671\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 2 of 8: Investor readiness. Getting the company, the cap table, the IP and the numbers in order before you raise. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Accounts, bookkeeping and the numbers investors check<\/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 compare your pitch with bank statements, accounting records, customer contracts and Skatteetaten&#8217;s certificate. Make sure the figures agree and explain any differences before opening the data room. Check the company&#8217;s legal reporting obligations at the same time.\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 13 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\/accounts-bookkeeping-and-the-numbers-investors-check\/\">\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-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\/10\/norban-kb-pillar-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7671\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 2 of 8: Investor readiness. Getting the company, the cap table, the IP and the numbers in order before you raise. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 assess startups across a consistent set of areas. Scoring yourself against them helps you identify gaps and decide which to close first.\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\/10\/norban-kb-pillar-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7671\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 2 of 8: Investor readiness. Getting the company, the cap table, the IP and the numbers in order before you raise. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\tMissing company records can delay a funding round or affect its terms. Common problems include an inaccurate share register, missing minutes, late filings and unsigned agreements. Fixing these before investors start checking is usually easier than resolving them during the raise.\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\">15 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\/10\/norban-kb-pillar-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7671\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 2 of 8: Investor readiness. Getting the company, the cap table, the IP and the numbers in order before you raise. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\tYour cap table shows the ownership decisions you and your co-founders have made. Investors may hesitate if a departed founder still owns a third of the company, founders have no agreement, or the lead founder has too little ownership left. Settle these arrangements early and address problems before approaching investors.\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\/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 data-elementor-type=\"loop-item\" data-elementor-id=\"6343\" class=\"elementor elementor-6343 e-loop-item e-loop-item-6788 post-6788 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\/10\/norban-kb-pillar-fundraising-s2-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7671\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 2 of 8: Investor readiness. Getting the company, the cap table, the IP and the numbers in order before you raise. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s2-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">IP ownership: employees, contractors, universities<\/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\tDo not assume the company owns everything made for it. Employee software, inventions, contractor work and pre-incorporation work follow different rules. Check whether the company owns the rights or has a sufficient licence, and document any gaps before an investor asks.\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\">15 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/ip-ownership-employees-contractors-universities\/\">\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-b1af5ad elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b1af5ad\" 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-7898445\" data-id=\"7898445\" 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-fb71e8d elementor-widget elementor-widget-heading\" data-id=\"fb71e8d\" 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-614c94e elementor-widget elementor-widget-text-editor\" data-id=\"614c94e\" 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-636d922 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"636d922\" 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-6791 post-6791 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\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Delivering the pitch: live, Q&#038;A and demo<\/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 live pitch depends on how you answer questions as well as what is on your slides. Prepare for the format, choose what to cover in three minutes and decide whether a demo will help. Rehearse the nineteen customer questions and how you will respond when you do not know an answer.\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 13 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\/delivering-the-pitch-live-qa-and-demo\/\">\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-6790 post-6790 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\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Pitch deck anti-patterns<\/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 decks fail on the same few mistakes, and investors have seen each of them often enough to have a name for it. Check how each mistake appears on the slide, what an investor may conclude, and how to fix it before sending your deck.\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 13 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\/pitch-deck-anti-patterns\/\">\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-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 decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 usually ask for the same categories of documents during due diligence. Gather them in a data room before the request arrives. This gives you time to find missing records and makes the review easier to manage.\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\">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\/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 decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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. Make the assumptions visible and show how the cash forecast determines the amount you need to raise.\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-6751 post-6751 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\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 one-pager and the investor email<\/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\tBefore an investor opens your deck they read an email, and often a one-pager that someone else forwarded. Both need to give the reader a reason to take the next step within seconds. Clear contents and a specific request make that decision easier.\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 13 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-one-pager-and-the-investor-email\/\">\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 decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7672\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 3 of 8: The materials. The deck, the one-pager, the financial model and the data room, and how to present them. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s3-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\tInvestors read a deck looking for answers to a familiar set of questions. Build each slide around one question and the evidence needed to answer it.\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-6d988b1 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6d988b1\" 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-49049d9\" data-id=\"49049d9\" 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-e1d5e0c elementor-widget elementor-widget-heading\" data-id=\"e1d5e0c\" 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-afb1390 elementor-widget elementor-widget-text-editor\" data-id=\"afb1390\" 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 price and terms are agreed, and how your cap table may change across three further rounds.<\/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-1115ba3 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"1115ba3\" 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-6795 post-6795 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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">An investor-friendly company structure<\/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\tBefore raising, review share classes, articles, ownership records and the rights the business needs. Choices made in the first year can raise questions during investor review. Early preparation allows time for resolutions and registrations.\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\">15 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/investor-friendly-company-structure\/\">\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-6793 post-6793 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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Dilution: your cap table three rounds out<\/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\tEvery round dilutes you, and so do the option pool, the convertibles and the clauses you signed two rounds ago. Model the cap table three rounds forward before you sign the first term sheet. A worked example shows how the terms combine over successive rounds.\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 13 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\/dilution-your-cap-table-three-rounds-out\/\">\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-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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 may be little financial history or comparable data to support a valuation. Investors therefore test your proposed price against the company&#8217;s stage and the exit value needed to produce a return. Consider both, including what happens if the next round cannot support the price you agree now.\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\/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-6794 post-6794 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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Option pools and employee incentives 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\tAn option pool reserves ownership for people who may join the company later. Whether it is included before or after the investment affects whose percentage is reduced. The pool size, the way options are granted and the Norwegian start-up option tax scheme all affect what employees keep.\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\">15 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/option-pools-and-employee-incentives-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-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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 convertible loan or similar instrument lets you raise money before setting a final share price. The discount, valuation cap and other conversion terms still determine what investors may receive. Compare the possible outcomes before deciding whether to defer the price or agree it now.\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><\/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-6792 post-6792 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\/10\/norban-kb-pillar-fundraising-s4-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7673\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 4 of 8: Valuation and terms, founder side. How a round is priced, what the terms mean, and what your ownership looks like three rounds out. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s4-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Reading a term sheet as a founder<\/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 term sheet is mostly standard, partly negotiable, and binding in fewer places than founders assume. Assess what each clause costs you, which terms Norwegian practice treats as standard, and where negotiation is worth your time.\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\">15 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/reading-a-term-sheet-as-a-founder\/\">\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-5c32113 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5c32113\" 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-dae749e\" data-id=\"dae749e\" 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-d7c414b elementor-widget elementor-widget-heading\" data-id=\"d7c414b\" 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<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec3095c elementor-widget elementor-widget-text-editor\" data-id=\"ec3095c\" 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>Pipeline, process, surviving diligence, and closing a round under Norwegian company law.<\/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-4d2b89e elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"4d2b89e\" 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-6796 post-6796 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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Building and running an investor pipeline<\/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 raise is a sales process with a long cycle and a small market, and most founders start it without a list. Size your list from the round you need, track every conversation in one place and plan whom to approach first. The resulting figures help you see why progress slows.\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\">9 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/building-and-running-an-investor-pipeline\/\">\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-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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\tA new-share issue in a Norwegian AS requires a valid decision, subscription, contribution, confirmation and registration. Registration increases the share capital, but contractual obligations and some shareholder rights can arise earlier. Check separately when the company may use the money.\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-6799 post-6799 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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Doing due diligence on your investors<\/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\tBefore accepting an investor, examine their experience as an owner and how you would work together. Public records, founder references and a direct conversation can help. Match the checks to the proposed investment.\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\">9 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/due-diligence-on-your-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-6939 post-6939 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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Handling a no<\/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 investor conversations end in a no, often without a clear reason. A focused follow-up question can help you understand the answer, decide what to change and keep in touch before the next round.\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\">6 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 20 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\/handling-a-no\/\">\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-6797 post-6797 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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Intros, outreach and what actually gets a meeting<\/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 useful introduction and a clear message can help an investor see why a meeting is worthwhile. Explain what your company does, what you can demonstrate and why you chose this investor. You can build relevant contacts even without an established investor network.\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\">7 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/intros-outreach-and-getting-a-meeting\/\">\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-6798 post-6798 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\/10\/norban-kb-pillar-fundraising-s5-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7674\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 5 of 8: Running the raise. Building the pipeline, getting meetings, handling due diligence and closing the round. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s5-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Managing a capital 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\tIn an angel round, the founder is responsible for keeping the process moving through to closing. Set the timeline, keep the conversations moving in step, and decide what happens when one investor surges ahead or the whole thing drifts.\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\">8 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/managing-a-capital-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>\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-902f781 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"902f781\" 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-14376c3\" data-id=\"14376c3\" 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-bf33576 elementor-widget elementor-widget-heading\" data-id=\"bf33576\" 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\">Business model and evidence<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8805cd elementor-widget elementor-widget-text-editor\" data-id=\"b8805cd\" 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>Making the business legible: model, unit economics, market sizing and proof of traction.<\/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-b4b3312 elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"b4b3312\" 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-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 loading=\"lazy\" decoding=\"async\" width=\"768\" height=\"403\" src=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7675\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 6 of 8: Business model and evidence. The business model, unit economics, market size and early evidence investors look for. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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 clear business model helps investors understand how the company will make money and what evidence to ask for. Explain who pays, what they pay for and the costs of serving them. A familiar model with convincing evidence is easier to assess than a complicated description of several models combined.\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-6950 post-6950 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\/10\/norban-kb-pillar-fundraising-s6-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7675\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 6 of 8: Business model and evidence. The business model, unit economics, market size and early evidence investors look for. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Go-to-market evidence at pre-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, investors look for evidence that a buyer has the problem and a budget, will pay near your price, and can be reached again. Pilots, letters of intent and waiting lists support different parts of that case. Identify what each shows and test the assumptions that remain.\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 20 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\/go-to-market-evidence-at-pre-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-6801 post-6801 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\/10\/norban-kb-pillar-fundraising-s6-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7675\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 6 of 8: Business model and evidence. The business model, unit economics, market size and early evidence investors look for. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Market sizing that survives scrutiny<\/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 test your market estimate by checking the buyers, the price they pay and how you will reach them. Build the estimate from those inputs so you can explain the calculation and defend its assumptions in the meeting.\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\">9 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/market-sizing-that-survives-scrutiny\/\">\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-6800 post-6800 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\/10\/norban-kb-pillar-fundraising-s6-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7675\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 6 of 8: Business model and evidence. The business model, unit economics, market size and early evidence investors look for. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s6-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Unit economics and the metrics that matter by stage<\/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\tUse standard definitions so investors can compare your metrics with other companies. Lead with the numbers that matter for your business model and stage, and show the underlying customer evidence while the sample is small.\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 13 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\/unit-economics-and-metrics-by-stage\/\">\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-2029ff3 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2029ff3\" 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-70d8b88\" data-id=\"70d8b88\" 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-0659e0d elementor-widget elementor-widget-heading\" data-id=\"0659e0d\" 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\">After the round<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-793cb7d elementor-widget elementor-widget-text-editor\" data-id=\"793cb7d\" 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>Reporting, board work, and building the record your next round will be judged on.<\/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-d783c6a elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"d783c6a\" 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-6952 post-6952 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\/10\/norban-kb-pillar-fundraising-s7-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7676\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 7 of 8: After the round. Reporting to investors, working with your board, and preparing for the next round from day one. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7.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\">Bridges and hard conversations<\/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\tWhen the money is running out, the fastest capital available is usually from the investors you already have. Prepare the board&#8217;s response and the information existing investors need before asking for a bridge. Then consider how to structure participation and whether another route would serve the company better.\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 20 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\/bridges-and-hard-conversations\/\">\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-6802 post-6802 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\/10\/norban-kb-pillar-fundraising-s7-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7676\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 7 of 8: After the round. Reporting to investors, working with your board, and preparing for the next round from day one. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7.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\">Investor reporting that keeps the money coming<\/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\tKeep existing investors informed so they can assess further investment and make useful introductions. Agree a reporting rhythm, raise problems early and ask for specific help. A short, consistent format can reduce preparation time.\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\">9 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 13 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\/investor-reporting-that-keeps-the-money-coming\/\">\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-6951 post-6951 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\/10\/norban-kb-pillar-fundraising-s7-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7676\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 7 of 8: After the round. Reporting to investors, working with your board, and preparing for the next round from day one. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7.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\">Preparing for the next round from day one<\/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 next investor will want records of decisions and results as they happened. Agree at the first closing what to keep, who is responsible and how often to update it, so the next diligence starts with a complete history.\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 20 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\/preparing-for-the-next-round\/\">\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-6803 post-6803 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\/10\/norban-kb-pillar-fundraising-s7-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7676\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 7 of 8: After the round. Reporting to investors, working with your board, and preparing for the next round from day one. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s7.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\">Working with an angel on your board<\/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-director can contribute experience when roles and preparation are clear. Agree how you will work together in the first month, including what help to ask for between meetings and how information will be handled.\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 13 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\/working-with-an-angel-on-your-board\/\">\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-664cb61 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"664cb61\" 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-0d9fdf2\" data-id=\"0d9fdf2\" 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-a180406 elementor-widget elementor-widget-heading\" data-id=\"a180406\" 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\">International<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-67fdf12 elementor-widget elementor-widget-text-editor\" data-id=\"67fdf12\" 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>Raising across borders from a Norwegian AS, and what foreign investors find unfamiliar.<\/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-109d3fa elementor-grid-3 elementor-grid-tablet-2 elementor-grid-mobile-1 elementor-widget elementor-widget-loop-grid\" data-id=\"109d3fa\" 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-6954 post-6954 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\/10\/norban-kb-pillar-fundraising-s8-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7677\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 8 of 8: International. Raising abroad, explaining a Norwegian AS to foreign investors, and grants alongside equity. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Grants and soft funding alongside equity<\/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\tGrants and other non-dilutive support require documented costs, reporting and, for some instruments, matching capital. Conditions can continue for years after payment, so check what each award requires before planning a round. Blended finance also includes an investment component that can dilute shareholders.\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\">23 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 11 oktober, 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\/grants-and-soft-funding-alongside-equity\/\">\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-6953 post-6953 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\/10\/norban-kb-pillar-fundraising-s8-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7677\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 8 of 8: International. Raising abroad, explaining a Norwegian AS to foreign investors, and grants alongside equity. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">Holding structures and redomiciliation<\/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 holding structure can serve the founder, the Norwegian group or a proposed foreign parent. It is usually the founder&#8217;s own holding company that needs an early decision, because restructuring becomes more expensive as value builds. Before agreeing to a foreign parent, assess the consequences for every shareholder.\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\">15 min read<\/span><span class=\"kb-meta__item kb-meta__reviewed\">Last reviewed 20 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\/holding-structures-and-redomiciliation\/\">\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\/10\/norban-kb-pillar-fundraising-s8-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7677\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 8 of 8: International. Raising abroad, explaining a Norwegian AS to foreign investors, and grants alongside equity. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\tAn international investor may expect different documents and ways of working. The Norwegian company is still governed by Norwegian company law. Prepare explanations of the main differences before the first call to avoid delays later.\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\/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-6804 post-6804 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\/10\/norban-kb-pillar-fundraising-s8-768x403.png\" class=\"attachment-medium_large size-medium_large wp-image-7677\" alt=\"Featured image for the Fundraising track of the NorBAN Knowledge Base, pillar 8 of 8: International. Raising abroad, explaining a Norwegian AS to foreign investors, and grants alongside equity. The Knowledge Base logo sits in the navy header band, the pillar icon in white on a green panel to the left.\" srcset=\"https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-768x403.png 768w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-300x158.png 300w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-1024x538.png 1024w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-fundraising-s8-18x9.png 18w, https:\/\/www.norban.no\/wp-content\/uploads\/2026\/10\/norban-kb-pillar-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\">What foreign investors find confusing about a Norwegian AS<\/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 counsel often ask where ownership is recorded, how consent and pre-emption work, and what completes a Norwegian share issue. Clear answers with statutory references help resolve these questions, including why closing requires no notary.\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 13 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\/what-foreign-investors-find-confusing-about-a-norwegian-as\/\">\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-e8cbad8 elementor-widget elementor-widget-html\" data-id=\"e8cbad8\" 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<div class=\"kb-feature-row\"><div class=\"kb-feature kb-feature--navy\"><span class=\"kb-feature__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"1.8\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M4 5.5A2.5 2.5 0 0 1 6.5 3H20v16H6.5A2.5 2.5 0 0 0 4 21.5z\"\/><path d=\"M4 21.5V5.5\"\/><path d=\"M9 8h7M9 12h5\"\/><\/svg><\/span><div class=\"kb-feature__body\"><h3 class=\"kb-feature__title\"><a href=\"\/knowledge\/glossary\/\">Glossary<\/a><\/h3><p class=\"kb-feature__text\">Norwegian and English terms, side by side. Each entry links to the articles that explain it.<\/p><\/div><\/div><div class=\"kb-feature kb-feature--blue\"><span class=\"kb-feature__icon\" aria-hidden=\"true\"><svg viewBox=\"0 0 24 24\" fill=\"none\" stroke=\"currentColor\" stroke-width=\"2\" stroke-linecap=\"round\" stroke-linejoin=\"round\" aria-hidden=\"true\" focusable=\"false\"><path d=\"M3 3v18h18\"\/><path d=\"M7 15l4-4 3 3 5-6\"\/><\/svg><\/span><div class=\"kb-feature__body\"><h3 class=\"kb-feature__title\"><a href=\"\/knowledge\/investing\/\">For angel investors<\/a><\/h3><p class=\"kb-feature__text\">The investing knowledge base: how angels find, evaluate, price, document and live with an early-stage investment.<\/p><\/div><\/div><\/div>\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 [&hellip;]<\/p>\n","protected":false},"author":132,"featured_media":0,"parent":6347,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_tec_requires_first_save":true,"_yoast_wpseo_focuskw":"","_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"How founders in Norway prepare the company, build the materials, run a capital raise and close a round with angel 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