# Onio AS

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/onio

- Industry: Semiconductors
- Headquarters: Oslo, Norway
- Website: www.onio.com/
- Total disclosed funding: $5.7M
- Latest round: Series A (Jun 6, 2025)
- Investors on record: 4

## About

Based in Norway, Onio AS is an IoT company focusing on innovative solutions such as self-powered microcontrollers designed to enhance energy efficiency and sustainability across various industries.Onio AS is an IoT company that specializes in developing sustainable technology solutions. Founded in 2016 in Oslo, Norway, the company has successfully completed three deals. The latest funding round was a Series A, where Onio AS raised EUR 5.000 mn with participation from the European Innovation Council, MP Pensjon, Maki.vc, and Node.vc, all focused on enhancing their production capabilities. The company has remained committed to its core mission of providing innovative energy harvesting solutions.ONiO specializes in innovative IoT solutions, with a primary focus on developing self-powered microcontrollers, specifically the ONiO.zero. This product is designed to operate on nanowatts harvested from ambient energy sources, including radio frequency (RF) and photovoltaic (PV) energy. The microcontroller offers total power flexibility, eliminating the need for traditional battery systems and providing a battery-free solution for various applications. Targeted end users include industries requiring efficient and sustainable technology solutions, such as smart clothing manufacturers, healthcare providers, and smart home developers. ONiO's products primarily cater to markets in North America, Europe, and Asia, serving a diverse clientele that values sustainability and innovation.ONiO's revenue model is primarily based on the sale of its microcontroller solutions, including the flagship ONiO.zero, and associated reference designs for batteryless applications. Transactions typically occur through direct sales to manufacturers in the IoT and smart device sectors, as well as partnerships with businesses looking to integrate ONiO's technology into their products. The company may engage in B2B arrangements, where bulk orders are placed by businesses in need of scalable, sustainable technology. Given the advanced integration of components within their microcontrollers, customers benefit from reduced external component needs, which is appealing for cost-effectiveness. ONiO's pricing strategy reflects the significant savings achieved through their innovative designs, positioning them competitively within the energy harvesting market.In June 2025, Onio AS raised EUR 5.000 mn in Series A funding co-led by new investors Maki.vc and Node.vc, with participation from returning investors European Innovation Council and MP Pensjon. The company will use the funding to scale production of its microcontroller, ONiO.zero. Future growth strategies include the design and launch of new products aimed at enhancing their market presence, particularly in North America, Europe, and Asia, with plans for expansion into additional geographic regions by 2026.

## Funding rounds

- Series A, Jun 6, 2025, $5.7M — Maki.vc, MP Pensjon, Node.vc, European Innovation Council

## Investors

- Maki.vc (https://capitalatlas.ai/funds/maki-vc) — Series A
- MP Pensjon — Series A
- Node.vc (https://capitalatlas.ai/funds/node-vc) — Series A
- European Innovation Council (https://capitalatlas.ai/funds/european-innovation-council) — Series A