Invest in sustainable and contemporary design from over 100 Norwegian artisans
We want 30% of Novooi to be owned by our community of artisans, brands & investors. Novooi has now qualified for FemInvest and FolkeInvest. We've secured over 500,000 NOK in funding towards our target of 4-6 million NOK by June.
Novooi creates a stronger voice and visibility for Norwegian artisans
Novooi is dedicated to empowering Norwegian artisans, brands, and architects through our platform for Norwegian design and craft. We aim to increase global exposure, streamline shipping logistics, foster networks, share knowledge, and boost international sales to elevate Norwegian design & craft worldwide.
We are committed to advancing sustainability by promoting the sale of upcycled products, biomaterials and objects made in Norway, contributing to a more circular economy.
Become a co-owner and join our mission to promote Norwegian design globally. Community and collaboration is at the core of what we represent.
We are raising 4-6 million NOK by June. Your investment supports:
Development of a curated e-commerce platform and marketplace for sustainable Norwegian design & craft, with streamlined shipping logistics and exports to Europe
Development of an AI-enhanced B2B portal for interior architects & professionals
Marketing activities, exhibitions and events to increase global exposure, foster networks and share knowledge about contemporary sustainable design
A possible showroom/shop/gallery and/or warehouse
The challenge
Norwegian artisans and manufacturers struggle with sales, shipping and exports in addition to marketing and operations. Even some of the most recognised designers in Norway cannot live off their craft. Professionals and consumers struggle to find Norwegian products, and thus end up buying Danish or Swedish brands. Norway in general lags 100 billion euros behind Sweden and Denmark, regarding sales and exports of finished goods, furniture, design and craft.
The opportunity
Norway's Minister of Trade, Jan Christian Vestre declared on April 25, 2023 that the «Design and finished goods industry» is now the fourth most prioritised export industry in Norway. The design & finished goods industry exports over 60 billion NOK a year (6% of all exports). Norsk Industry has a goal of doubling exports to 12% by 2030.
«The Norwegian design industry is well advanced in terms of sustainability, circular economy and quality raw materials. Together with new technology, the Norwegian design industry can set international standards for quality, durability and reuse.»
- Jan Christian Vestre
Why Novooi
Novooi represents over 100 of Norway’s most distinguished artisans and brands within sustainable contemporary design and craft. We launched our agency and digital marketplace in 2021, which features a curated selection of furniture, lighting, textiles, art, glass, ceramics and jewellery. Products are ordered directly from our artisans and manufacturers, resulting in zero warehouse storage and a minimal carbon footprint.
Novooi creates exhibitions, seminars and events to promote Norwegian craft, while connecting our community and spreading knowledge about sustainable and smarter value chains. We match designers with manufacturers and promote iconic destinations in Norway. Together with our network of interior architects and creatives, we have curated conceptual spaces for cultural institutions and offices.
Novooi’s market validation 2021-23
11,000-40,000 visitors monthly on novooi.com since Nov. 2023
80% international traction: Italy (35%) Portugal (22%), Spain (12%) France (3%)
60% online sales increase from 2022-23
312,659 NOK sales revenue during our pilot from 2021-23
48,000 NOK in memberships
586,000 NOK in negotiated exhibition commissions
7 national exhibitions, festivals and trade-fairs
Articles in Forbes, Arkitektur, BoBedre, D2, Oslo Design Fair
2nd place - Best Investment Case from Startup Norway & Innovation Norway
From our pilot to an AI enhanced multi-vendor logistics platform
Each vendor will be able to login and create their own shop, together with their AI-assistent that helps them save time. They can upload, edit and gain an overview of sales and statistics. They will have access to pain-free international shipping and automatic payouts. As a result, our artisans and brands will save time, energy and money in addition to gaining increase exposure and sales.
A tailored platform for professional buyers, architects, makers, collectors & consumers
The new platform will be tailored towards professional buyers and interior architects, allowing them to place large orders for hotels, businesses and cultural institutions at rebated prices. In addition, we aim to gather all bespoke product designers in one database for custom orders in interior projects.
Novooi will be able to expand our services, offer sustainable packaging, enable relevant advertising for iconic institutions, and promote Norwegian design & craft through international trade fairs. Novooi aims to become the go-to platform for discovering and buying Norwegian interior, design & craft.
Our roadmap the next 3 years
Multi-vendor AI enhanced marketplace with pain-free shipping logistics
A B2B portal for professional buyers and interior architects
Product-market fit in the EU
Exhibitions in Norway & the EU
Unique events promoting cultural iconic destinations in Norway
Participation in international trade-fairs with the Novooi-community
Seminars and match-making events for artisans and manufacturers
Flagship gallery/shop in with warehouse & distribution
Sustainable packaging
Limited collections with international retailers
Product-market fit in the USA/Asia
Limited productions made by Novooi
Our partners
Our annual revenue is estimated to be
120 Million NOK in 3-5 years
Investor benefits
Become part of our business network for Norwegian design & craft
Access to our investor dashboard
Influence decisions and growth of the company
1 year Novooi membership for Novooi brands & artisans
Monthly updates, important insights and statistics
Exclusive invitations to exhibitions, events and adventures
Participation in annual board meetings
An estimated return of investment of 500% in 3-5 years
Fundraising goal:
4 Million NOK
Over 550,000 NOK raised
Minimum investment: 5,000 NOK
Shares for sale: 5,882
Price per-share: 680 NOK
Company valuation 24M NOK*
Est. 3 year ROI for investors: 500%.
*The Company’s pre-money valuation will be no higher than NOK 24M based on issued shares.
(20 times the current revenue of 1.2M NOK)
We want our community of makers and investors to own 30% of Novooi and help us scale globally.
Testimonials from our community
Past milestones
2024: Novooi receives $2000 in funding from Danish Entrepreneurs towards marketing
2024: Novooi expands its team, board, and advisory panel along side 100+ makers on novooi.com
2024: Novooi is featured in D2's Interior Trends from Dagens Næringsliv.
2024: Novooi is an ambassador for Maison&Objet Paris
2022-23: Novooi curates and produces exhibitions for Designers' Saturday, Oslo Open, Oslo Architecture Triennale, and Oslo Design Fair.
2022: Forbes Magazine mentions our (Re)made exhibition at the former Munch Museum.
2022-23: Novooi is featured in Bo Bedre, Arkitektur, L'ADN, and Oslo Design Fair publications (2022-23).
2022: Novooi collaborates with DogA and the Norwegian Association for Arts and Crafts on exhibitions in Bergen and Italy.
2022: Pop-up store in collaboration with JF Curated, Oslo.
2022: Novooi is ranked second in "Best Investment Case" by Startup Norway.
2022: Novooi receives grants from the Norwegian Cultural Council, the Arts Fund, and Oslo Business Region.
2022: Novooi meets Prince Haakon of Norway during the opening of Oslo Innovation Week.
2021: Novooi collaborates with Oslo's Supermarket Christmas Market.
2021: Launch of Novooi at Designers' Saturday with our first exhibition and online store.