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Smartfish AS

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Patented omega-3 beverages for medical and sports nutrition

Oslo, NorwayFounded 2001Biotech & Life Sciences
Valuation $50–100M Last recorded · 2013
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Smartfish AS and the history behind them.

About Smartfish AS

Smartfish AS is a Norwegian research-based company founded in 2001 that develops and manufactures juice-based nutritional drinks. The company's products are built on a proprietary and patented emulsion technology that allows for high concentrations of omega-3 fatty acids (EPA and DHA) to be combined with other nutrients, like whey protein and vitamin D, in a palatable, fruit-juice-based beverage. This technology protects the fish oil from oxidation, preventing a fishy taste and improving nutrient uptake and efficacy.

The company operates in two primary market segments: medical nutrition and sports nutrition. In the medical field, products like 'Nutrifriend' and 'Remune' are designed for special medical purposes, targeting malnutrition and conditions such as Chronic Obstructive Pulmonary Disease (COPD) and cachexia. These are sold through pharmacies, hospitals, and medical wholesalers. For the consumer health and sports market, the 'Recharge' line of drinks is supplied to elite athletes and teams to aid muscle recovery. Smartfish has established partnerships with professional sports organizations, such as being an official supplier to Tottenham Hotspur Football Club. The company has also launched a dedicated sports nutrition venture with prominent athletes like the Ingebrigtsen brothers.

Smartfish was founded as Pharmalogica in 2001 by individuals including Janne Sande Mathisen and Henrik Mathisen. The company has secured funding from investors including the Norwegian state-owned Investinor, Nordic fund Industrifonden, and Jacobson Pharma. Through an agreement with Jacobson Pharma, Smartfish has expanded its distribution to Greater China and the Asia Pacific region. All products are clinically tested to substantiate health claims, and its sports products are certified by Informed Sport to be free of substances banned by the World Anti-Doping Agency (WADA).

Source: Dealroom company data

At a glance

Status
Operational
Founded
2001
Headquarters
Oslo, Norway
Employees
15
Open positions
None listed
Dealroom signal
51.3/100
Industry
Health
Sub-industry
BioTechnology
Sector
Biotech & Life Sciences, Biotechnology, Hard Tech, DT and LS, science-based

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VC✓Equity / VC Sep 2013 $12M $46M Industrifonden —
LATE VCEquity / VC Feb 2011 $0 — Investinor —
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Growth signals

Smartfish AS website traffic

Latest recorded traffic for Smartfish AS is 130 monthly website visits, down 70.5% over the last three months. Smartfish AS's team grew 0% over the past year.

Latest monthly visits130 3-month web change-70.5% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series B and later2 investors entered at this stage

Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇳🇴 Norway100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Smartfish AS on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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