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Top 40 CleanTech VC Funds & Investors in Norway (October 2026)

The most active venture capital funds investing in Norway CleanTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway CleanTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Speedinvest
VC Fund
4 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Artificial Intelligence $411k–$33M
Voyagers
VC Fund
3 Germany, United Kingdom, The Netherlands Seed, Pre-Seed, Convertible Note Manufacturing, Software, Renewable Energy $1M–$6.4M
Amadeus
VC Fund
3 United States, Spain, Canada Venture - Series Unknown, Seed, Series A Software, Travel, SaaS $3M–$18M
Singularity
VC Fund
3 Norway, Sweden, United States Pre-Seed, Convertible Note SaaS, Music, Solar $220k–$1.5M
Shell Ventures
VC Fund
3 United States, United Kingdom, India Series A, Series B, Venture - Series Unknown Energy, Renewable Energy, Software $2.8M–$126M
Amadeus Ventures
VC Fund
2 United States, Spain, Canada Venture - Series Unknown, Seed, Series A Software, Travel, SaaS $6M–$18M
RunwayFBU
VC Fund
2 Norway, Italy, Sweden Pre-Seed, Seed, Series A Software, SaaS, Information Technology $538k–$17M
Burnt Island Ventures
VC Fund
2 United States, United Kingdom, Norway Series A, Seed, Series B Water, Software, Environmental Consulting $300k–$23M
Nysnø
VC Fund
2 Norway, United Kingdom Venture - Series Unknown, Series A, Seed Robotics, Software, Manufacturing $4M–$74M
Vinyl Capital
VC Fund
2 United States, India, Canada Seed, Series A, Pre-Seed E-Commerce, Software, SaaS $96k–$25M
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, France Seed, Series A, Pre-Seed Software, Renewable Energy, Energy $55k–$23M
Link Venture Capital
VC Fund
2 Norway, United Kingdom, The Netherlands Pre-Seed, Seed, Venture - Series Unknown Renewable Energy, Marine Technology, SaaS $400k–$4.3M
MP Pensjon
VC Fund
1 Norway, Sweden, United States Seed, Series A Software, Information Technology, SaaS $500k–$9M
DNB Ventures
VC Fund
1 Norway, Greece, Sweden Post-IPO Debt, Seed, Pre-Seed Information Technology, Software, SaaS $1.4M–$200M
CoFounder
VC Fund
1 Norway Seed, Series A Industrial, Manufacturing, SaaS $956k–$2.3M
Firda
VC Fund
1 Norway Seed, Venture - Series Unknown, Angel Software, SaaS, Information Technology
Klaveness Marine
VC Fund
1 Norway Venture - Series Unknown Manufacturing, Boating, CleanTech $7.7M–$10M
Grieg Edge
VC Fund
1 Norway Venture - Series Unknown Marine Transportation, Water, Boating
KLP Liv
VC Fund
1 Norway Solar, Energy, CleanTech
Acurio Ventures
VC Fund
1 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $1.2M–$54M
Wellers Impact
VC Fund
1 Norway Series A Water, CleanTech, Water Purification
World Wildlife Fund
VC Fund
1 Canada, Norway, Faroe Islands Seed, Series A Seafood, Aquaculture, Food Processing $1.5M–$6.2M
DNB
VC Fund
1 Norway, Sweden, United Kingdom Post-IPO Debt, Debt Financing, Venture - Series Unknown Renewable Energy, Energy, Oil and Gas $240k–$790M
Orion Advisor Solutions
VC Fund
1 Norway Series A Water, CleanTech, Water Purification
Agder Energi Venture
VC Fund
1 Norway Solar, Energy, Battery
Flow Ventures
VC Fund
1
Freebird Capital
VC Fund
1 Norway Series A Water, CleanTech, Water Purification
Unpopular Ventures
VC Fund
1 United States, India, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $500k–$34M
Xylem
VC Fund
1 United States Corporate Round Industrial, Nanotechnology
GenZero
VC Fund
1 United States, Norway, Finland Series A Fuel, Energy, Software
FinStart Nordic
VC Fund
1 Norway, Denmark Venture - Series Unknown, Pre-Seed Financial Services, Software, SaaS $1.4M–$4.2M
EMOS
VC Fund
1 Norway Solar, Energy, CleanTech
Rumbo Ventures
VC Fund
1 United States, Brazil, United Kingdom Seed Renewable Energy, PaaS, Energy $525k–$3.6M
SpareBank 1
VC Fund
1 Norway, Australia Venture - Series Unknown, Series A SaaS, Solar, Banking $1.5M–$1.8M
Farvatn Venture
VC Fund
1 Norway, United States, United Kingdom Seed, Pre-Seed Software, Artificial Intelligence, Health Care $120k–$8M
Vito One
VC Fund
1 Germany, Norway, Austria Seed, Pre-Seed, Series A Real Estate, Construction, Artificial Intelligence $278k–$4M
We Are Human
VC Fund
1 Norway, Sweden Seed, Angel, Convertible Note Software, Education, iOS
Bonheur ASA
VC Fund
1 United Kingdom, Norway Series A, Pre-Seed SaaS, Energy, Software $5.5M–$13M
Wiski Capital
VC Fund
1 Norway, Sweden Seed, Venture - Series Unknown, Pre-Seed Software, Energy, Renewable Energy $740k–$8.3M
Sound Ventures
VC Fund
1 United States, Canada, Israel Series A, Seed, Series B Software, FinTech, Financial Services $1.4M–$105M
Access all 74 VC funds in Norway CleanTech startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Norway CleanTech startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 674
  • Round size: Seed $797k–$7.9M; Pre-Seed $411k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $372M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • GAMINSIDE — GAMINSIDE revolutionizes your relationship with your customers. As European full service provider, we deliver the complete package with solutions, services and software for gamified loyalty that is tailor-made and unique to your products, brands and customers. Integrate the best ideas from gamification and customer loyalty in your business areato exceed your commercial targets with GAMINSIDE.
  • Polaron — Material Design. Supercharged with AI.
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Voyagers
VC Fund · London, England, United Kingdom · 3 investments in Norway CleanTech startups

VOYAGERS organises by-invitation adventures designed to build close connections between exceptional people, with the goal of accelerating positive impact. Relationships deepen through our regular video calls, group chats and in-person dinner salons.

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Investment focus

  • Industry: Manufacturing, Software, Renewable Energy
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Germany, United Kingdom, The Netherlands

Investor stats

  • Total investments: 25
  • Round size: Seed $2.3M–$6.4M; Pre-Seed $1M–$2.5M; Convertible Note $3.5M–$5M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2021

Portfolio highlights

  • Ecair — Ecair provides software for indoor air quality and energy management. The platform aggregates data from connected sensors to track pollutants, CO2, humidity, temperature, and particulate matter in real time. Dashboards, alerts, and APIs support building operations, facility managers, and ESG teams. Algorithms estimate exposure, flag ventilationissues, and suggest HVAC adjustments to balance comfort, health, and energy use. Reporting tools support certifications and compliance, and data exports integrate with BMS, CMMS, and data warehouses. Services include device provisioning, calibration management, and analytics consulting for multi-site portfolios.
  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
  • Crosstown H2R — Industrial-grade hydrogen burner technology for decarbonisation. 95% emission reduction, retrofittable design, sub-15ppm NOx compliance.
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Amadeus
VC Fund · Madrid, Madrid, Spain · 3 investments in Norway CleanTech startups

Discover how Amadeus' platform and technology help airlines, travel agencies, hotels and others connect, do business, and deliver better travel experiences.

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Investment focus

  • Industry: Software, Travel, SaaS
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: United States, Spain, Canada

Investor stats

  • Total investments: 20
  • Round size: Series A $6M–$18M; Venture - Series Unknown $3M–$9.8M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Chooose — Accelerate your sustainable aviation fuel program with Chooose's software. Manage, report on, and scale your SAF initiatives effectively. Learn more!
  • Eccocar — Launch, operate and scale your digital shared mobility services. Technology that takes mobility to the next level!
  • Acai Travel — An all-in-one solution to enable your agents be twice as efficient, to optimize your call centers, and gain your customers' trust
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Singularity
VC Fund · 3 investments in Norway CleanTech startups

Luxembourg-based family office

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Investment focus

  • Industry: SaaS, Music, Solar
  • Stage:Pre-Seed, Convertible Note
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $220k–$1.5M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • Baase AB — Baase AB is a banking-as-a-service provider linking Banks and Brands together. Baase empower brands with financial services and connect banks with new customers.
  • Museverse — Museverse is an immersive XR platform that transforms music education and creativity with interactive AI-driven experiences.
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 3 investments in Norway CleanTech startups

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 176
  • Round size: Series A $6M–$31M; Series B $2.8M–$126M; Venture - Series Unknown $3M–$32M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Mazama — Superhot rock geothermal, proven at 629 degrees F, with the potential to deliver gigawatt-scale, always-on power, anywhere.
  • Asperitas — Asperitas is a clean-tech company focused on greening the datacentre industry by introducing Immersed Computing. Since 2014 Asperitas has worked on validating and developing Immersed Computing® as a unique approach to the datacentre industry. Building on existing liquid immersion cooling technologies by adding integration of power and networkcomponents, improving cooling physics with a strong focus on design and engineering for usability, Asperitas has come up with a complete and integrated solution which can be effectively utilised in most, if not all situations.
  • Bumper — Split the cost of your car repairs and servicing into manageable monthly instalments with 0% interest. Fix it. Split it. Sorted.
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Amadeus Ventures
VC Fund · Madrid, Madrid, Spain · 2 investments in Norway CleanTech startups

Explore Amadeus Ventures for cutting-edge innovations in travel. Discover groundbreaking startups and technologies shaping the future of the travel industry.

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Investment focus

  • Industry: Software, Travel, SaaS
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: United States, Spain, Canada

Investor stats

  • Total investments: 10
  • Round size: Series A $6M–$18M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Busbud — Travel the world by bus. Compare and easily book bus tickets from thousands of bus companies for your next destination with Busbud.
  • Chooose — Accelerate your sustainable aviation fuel program with Chooose's software. Manage, report on, and scale your SAF initiatives effectively. Learn more!
  • Eccocar — Launch, operate and scale your digital shared mobility services. Technology that takes mobility to the next level!
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RunwayFBU
VC Fund · Fornebu, Akershus, Norway · 2 investments in Norway CleanTech startups

RunwayFBU connects founders, industry, and capital to turn hard industrial problems into scalable companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Norway, Italy, Sweden

Investor stats

  • Total investments: 29
  • Round size: Seed $970k–$6.2M; Pre-Seed $538k–$2M; Series A $5.1M–$17M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $33M in 2021

Portfolio highlights

  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
  • IPercept — At IPercept we provide AI-based, hardware-enabled software solutions and services that can best be described as the fitness tracker for complex industrial machines. At the push of a button, you can learn about a machines’ health, down to micrometer changes for each critical component. You can get insights into what maintenance activities you shouldapply and when. You can monitor how the machines are operated, how to optimize their utilization and much more. All of this is achieved through a plug-n-play installation - for old machines as well as new. All securely provided without requiring access to any machine controllers or IT-systems. These services reduce maintenance costs, downtime and increase productivity - a solid ROI for our customers. In 5 years, most complex industrial machinery sold in the world will be supported by our technology.
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Burnt Island Ventures
VC Fund · San Francisco, California, United States · 2 investments in Norway CleanTech startups

Burnt Island Ventures is a pre-eminent early-stage venture fund for water entrepreneurs. Burnt Island Ventures exists to find, fund and support the best of these founders.

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Investment focus

  • Industry: Water, Software, Environmental Consulting
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Norway

Investor stats

  • Total investments: 30
  • Round size: Seed $300k–$15M; Series A $4M–$23M; Series B $4.2M–$15M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2025

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
  • Biota — Biota is a data science company that offers wastewater testing, monitoring and tracking of sources of pollutants, and analytical solutions.
  • CREW Carbon — CREW provides wastewater treatment facilities with a process intensification solution that improves performance, lowers costs, and permanently removes greenhouse gasses.
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Nysnø
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway CleanTech startups, 7 in the past 12 months

Nysnø is a governmental climate investment fund investing in companies that solve climate challenges. The investment fund is set up as a commercial company that invests in technologies that contribute to reducing greenhouse gas emissions. It was established in 2017 in Stavanger, Rogalan by the Norwegian Ministry of Trade and Industry.

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Investment focus

  • Industry: Robotics, Software, Manufacturing
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 35
  • Round size: Seed $4M–$15M; Series A $5M–$40M; Venture - Series Unknown $10M–$74M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Alva Industries — Serving industries from aerospace to marine, we deliver high-performance, sustainable motors to drive a cleaner, more efficient future.
  • Maritime Robotics — Maritime Robotics is a leading global high-tech company creating sustainable autonomy at sea. Our technology makes ocean space accessible and safe worldwide.
  • HIVE — A new era of work. Limitless.
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Vinyl Capital
VC Fund · Boston, Massachusetts, United States · 2 investments in Norway CleanTech startups

Investing in the future of how people buy stuff.

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Investment focus

  • Industry: E-Commerce, Software, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 32
  • Round size: Seed $1.5M–$8M; Pre-Seed $96k–$3.9M; Series A $5.3M–$25M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $12M in 2021

Portfolio highlights

  • Sequen — Sequen is user behavior by design.
  • Taxwire — Save time, money, and headache on global sales tax compliance.
  • Drivepoint — Drivepoint (formerly Bainbridge) is the strategic finance platform for scaling consumer brands.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Norway CleanTech startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Renewable Energy, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, France

Investor stats

  • Total investments: 56
  • Round size: Seed $286k–$10M; Pre-Seed $55k–$4M; Series A $1.7M–$23M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • Inion software — EMS, Power Plant Control and Cybersecurity solutions for solar, wind and battery storage projects.Discover our performance-boosting monitoring systems. It
  • Decade Energy — Decade Energy is the energy infrastructure and optimization partner for transport operators and depot managers who want to electrify their fleets.
  • Delfos Energy — Why did it Fail? Avoid unexpected failures across your assetsReduce the risk of unexpected failuresmoreOptimize Maintenance Windowsmoreretain and scale up operational knowledgemoreplatform real time monitoring, analysis and predictions for renewable energy and oil&gas assetsVIEW OUR APPLICATIONS customer and partnerssee what our customers say about our solutions TestimonialsYour failure prediction alarm, helped us avoid an
Show all investments...

MP Pensjon
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups

MP Pensjon er pensjonskasse for TINE SA og norske datterselskaper. God og langsiktig forvaltning sikrer din pensjon.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $500k–$5.5M; Series A $4.8M–$9M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Climeon — Climeon is a clean-tech vendor that produces heat power systems, converting waste heat and geothermal heat into clean electricity. The company develops low temperature industrial and geothermal waste heat recovery products which can convert temperature differences in water and gas into electricity.Founded by Thomas Öström and Joachim Karthäuserin 2011, Climeon is headquartered in Stockholm, Sweden.
  • Odins.ai — Odins.ai is a platform powered by AI that focuses on offering organizations intelligent automation solutions. Optimizes your budget using the most recent AI-driven models to guarantee the highest return on investment.
  • Saga Robotics — Saga Robotics delivers UV-C mildew control, AI-driven data services, and robotic farm automation with the autonomous robot Thorvald. Our robots provide chemical-free vineyard and strawberry disease management to help growers increase yields and reduce reliance on fungicides.
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DNB Ventures
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups

DNB Ventures is the Corporate Venture Capital arm of the Norwegian DNB group.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Post-IPO Debt, Seed, Pre-Seed
  • Geography: Norway, Greece, Sweden

Investor stats

  • Total investments: 6
  • Round size: Seed $1.4M–$1.8M; Post-IPO Debt $1.8M–$200M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Lifco — Lifco is a business group which has a total turnover of SEK 21.6 billion and employs about 6,512 people. We are continuously looking for opportunities to strengthen our market position either through acquisitions or organic growth.
  • Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
  • Vow Green Metals — Vow Green Metals purpose is to hasten the global switch to renewable resources by providing environmentally friendly substitutes for fossil reduction agents in the metallurgical sector.
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CoFounder
VC Fund · Trondheim, Sor-Trondelag, Norway · 1 investments in Norway CleanTech startups

CoFounder is a management and investment company for technology companies with great growth potential. They are experienced entrepreneurs and business developers who provide management resources and early-stage capital. They work with spin-offs from both research and industrial environments, as well as standalone entrepreneurial companies.

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Investment focus

  • Industry: Industrial, Manufacturing, SaaS
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 10
  • Round size: Seed $956k–$2.3M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • AlumatIQ — AlumatIQ specializes in industrial robotics, automation, and digitalization in the aluminum industry. Their first product is robotic automation of the anode change process, with high accuracy, consistency, and speed. Improves health and safety conditions for operators in pot rooms and reduces emissions of HF and greenhouse gases.
  • Aviant — Delivering full-stack drone services that enables autonomous and on-demand transport of cargo.
  • Receipts — Receipts is a single set of APIs that connects cashier systems and banks, allowing for digital receipts, card identification, and retail value-added services.
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Firda
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups

Firda is an active investor and company builder focused on scaling innovative technology companies that are highly scalable and positively impact the world.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Venture - Series Unknown, Angel
  • Geography: Norway

Investor stats

  • Total investments: 11
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Shapemaker — Your new software for civil engineering design and analysis, starting off with telecommunication infrastructure.
  • Zerolytics — Zerolytics is building a data-driven platform to measure and monitor progress in reaching companies’ Net Zero targets. It was founded in 2022 and is based in Oslo, Norway.
  • Hystar — Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various criticalenergy challenges and having the potential to reduce greenhouse gas emissions.
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Klaveness Marine
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups

We use a structured investment process combining top-down allocation with our bottom-up convictions. Both our investments and our businesses have a long-term focus, to the lasting benefit of all stakeholders and thus of Klaveness Marine.

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Investment focus

  • Industry: Manufacturing, Boating, CleanTech
  • Stage:Venture - Series Unknown
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Round size: Venture - Series Unknown $7.7M–$10M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Ziebel — Founded in Stavanger, Norway in 2006, Ziebel provides specialist well intervention services to the global oil and gas industry. Ziebel is dedicated to enhancing production effectively and economically through its pioneering well intervention technologies, including the Z-System™. This proprietary fiber optic composite rod technology makes itpossible to access and visualize the entire well bore in real-time.
  • Evoy — Discover powerful, zero-emission electric boat motors built in Norway. Explore inboard and outboard options for sustainable boating.
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Grieg Edge
VC Fund · Bergen, Hordaland, Norway · 1 investments in Norway CleanTech startups

Grieg Edge is the newly established dedicated innovation unit of Grieg Maritime Group.

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Investment focus

  • Industry: Marine Transportation, Water, Boating
  • Stage:Venture - Series Unknown
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Evoy — Discover powerful, zero-emission electric boat motors built in Norway. Explore inboard and outboard options for sustainable boating.
  • Ocean Oasis — The future of wave powered desalination. We use wave energy to make sustainable and affordable water for coastal communities and businesses.
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KLP Liv
VC Fund · 1 investments in Norway CleanTech startups

KLP Liv

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Investment focus

  • Industry: Solar, Energy, CleanTech
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
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Acurio Ventures
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Norway CleanTech startups

Acurio Ventures partners with visionary founders to make history happen. Acurio Ventures is a European early-stage VC that invests across sectors and business models and that relies on its entrepreneurial DNA, flexible approach and proven value add to partner with the best founders out there.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $1.2M–$6.2M; Series A $3.3M–$17M; Series B $10M–$54M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — raised $30M in 2022

Portfolio highlights

  • UniteLabs — UniteLabs provides the foundational operating system for AI-driven lab automation in life science. It accelerates scientific discovery by closing the loop with a unified data and automation infrastructure, seamless integration, and intelligent control. Our platform empowers ambitious biotech companies, big pharma, integrators, and hardware vendorsby offering bidirectional connectors for diverse lab equipment, a scalable cloud platform with an open API, and a powerful workflow engine with an integrated compute environment. This allows for the creation of sophisticated, modular workflows, and enables rapid automation development through our Lab-as-Code environment, featuring a dynamic Python SDK and application-specific libraries.
  • TandemTrace — One autonomous layer for alert triage, investigation, threat hunting, coverage, and human control.
  • Those Beyond — We're building the future of fandom. A social destination for fans to belong within worlds they love.
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Wellers Impact
VC Fund · London, England, United Kingdom · 1 investments in Norway CleanTech startups

Our objective is to build exciting, ethical and fair investments for investors and clients. | Our tweets are not investment advise or offers.

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Investment focus

  • Industry: Water, CleanTech, Water Purification
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
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World Wildlife Fund
VC Fund · Washington, District of Columbia, United States · 1 investments in Norway CleanTech startups

World Wildlife Fund - The leading organization in wildlife conservation and endangered species. Learn how you can help WWF make a difference.

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Investment focus

  • Industry: Seafood, Aquaculture, Food Processing
  • Stage:Seed, Series A
  • Geography: Canada, Norway, Faroe Islands

Investor stats

  • Total investments: 11
  • Round size: Seed $1.5M–$4.7M; Series A $2.9M–$6.2M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • SeaForester — Restoring the forgotten forests in our ocean.
  • Cascadia Seaweed — Powered by the Sea. Proven on the Farm. Explore Cascadia Seaweed's portfolio of regenerative solutions, from kelp-based agricultural biostimulants to AI-powered biodiversity monitoring with OceanNexus. Through Cascadia Seaweed and Cascadia Nature-based Solutions, we're helping build healthier farms
  • Ocean Rainforest — Ocean Rainforest offer a collection of premium fully-traceable seaweed products, mostly for food and cosmetic producers.The company has developed a structural system for macroalgae cultivation in open oceans and related on-shore processes for bringing the seaweed into a storage stable condition.
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DNB
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups, 14 in the past 12 months

DNB is a financial services group that offers financial services through mobile, online banking, bank offices, and international offices. The Group provides a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. The company’s personal banking products andservices include savings and investment products.DNB offers its products and services to various sectors, including financial institutions, energy, manufacturing, healthcare, packaging, and forest products, shipping, offshore, and logistics, seafood, and telecom, media, and technology. They also distribute its products and services through its branches, in-store postal and banking outlets, and post office counters.DNB was founded in 1822 and is headquartered in Oslo, Norway.

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Investment focus

  • Industry: Renewable Energy, Energy, Oil and Gas
  • Stage:Post-IPO Debt, Debt Financing, Venture - Series Unknown
  • Geography: Norway, Sweden, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Post-IPO Debt $8.8M–$786M; Debt Financing $94M–$790M; Venture - Series Unknown $240k–$100M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Cadeler — Cadeler is an offshore services company that provides offshore wind installation and maintenance services. The company operates specialized vessels for transporting, installing, and servicing wind turbines and foundations in offshore environments, supporting the development of renewable energy infrastructure.
  • Scandi Standard — Welcome to Scandi Standard. We want to inspire you to choose chicken: a good, healthy choice, which is ideal for today’s consumers. We sell the finest Swedish, Danish, Norwegian and Finnish chicken under the Kronfågel, Danpo, Den stolte Hane and Naapurin Maalaiskana brands. We are the leading chicken producer in the Nordic region, serving thedomestic and export markets.In June 2013, we created the Nordic region's market-leading chickenbased product group when Scandi Standard was established. The Company was created by gathering the largest poultry operations in the region into one collective group. At present, the Group has an annual turnover of approximately SEK 5.2 billion and almost 1,700 employees.
  • Ventura Offshore — Ventura Offshore is an oil and gas services company that specialises in drilling, project management, offshore services, and asset management within the oil and gas industry. The company ensures efficient and safe operations in challenging offshore environments. By delivering innovative solutions and maintaining the highest standards of quality andsafety, Ventura Offshore supports the energy sector in maximising productivity and resource management.
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Orion Advisor Solutions
VC Fund · Omaha, Nebraska, United States · 1 investments in Norway CleanTech startups

Orion Advisor Solutions is the premier provider of the tech-enabled fiduciary process that transforms the advisor-client relationship.

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Investment focus

  • Industry: Water, CleanTech, Water Purification
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
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Agder Energi Venture
VC Fund · Kristiansand, Vest-Agder, Norway · 1 investments in Norway CleanTech startups

Agder Energi Venture AS is the venture capital arm of Agder Energi AS specializing in seed, early, mid and late venture investments. The firm prefers to invest in companies operating in the energy sector based in Norway but will also consider making investments in international companies. Agder Energi AS was founded in 2007 and is based inKristiansand, Norway.

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Investment focus

  • Industry: Solar, Energy, Battery
  • Geography: Norway

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
  • Morrow Batteries — To solve the climate crisis, we need to accelerate the green energy transition. Morrow Batteries are building a giga-scale battery cell factory in the South of Norway. We will develop and industrialize new and innovative battery technology.
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Flow Ventures
VC Fund · Haugesund, Rogaland, Norway · 1 investments in Norway CleanTech startups

Shaping tomorrow's ocean industries through investment, innovation services and co-creation.

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Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Thalasso — BLUE ECONOMY SARGASSUM MANAGEMENT
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Freebird Capital
VC Fund · 1 investments in Norway CleanTech startups

Freebird Capital is an investment firm.

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Investment focus

  • Industry: Water, CleanTech, Water Purification
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway CleanTech startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 622
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$2.6M; Series A $6M–$34M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $13k in 2025

Portfolio highlights

  • Sourcepulse — Your early warning system for software delivery (YC S23)
  • Morphic — The Sovereign AI platform for organizations to own their tribal knowledge
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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Xylem
VC Fund · 1 investments in Norway CleanTech startups

Investment focus

  • Industry: Industrial, Nanotechnology
  • Stage:Corporate Round
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
  • Moleaer — Moleaer's market leading nanobubble generator is the most efficient gas injection technology available to dissolve virtually any gas into any liquid.
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GenZero
VC Fund · Singapore, Central Region, Singapore · 1 investments in Norway CleanTech startups

GenZero is an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world. Wholly-owned by Temasek, GenZero has a flexible investment approach and will invest globally across three focus areas: technology-based solutions, nature-based solutions as well as carbon ecosystem enablers. GenZero seeks to deliver positive climate impact alongside long term sustainable financial returns.

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Investment focus

  • Industry: Fuel, Energy, Software
  • Stage:Series A
  • Geography: United States, Norway, Finland

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Velocys — We provide the technology that enables sustainable, net negative carbon emissions fuel to be produced safely and effectively on a commercial scale.
  • CleanJoule — CleanJoule is a pioneer SAF. CleanJoule is a dedicated and creative collection of engineers, scientists, and visionaries working to create a sustainable planet, reduce global carbon emissions, and ultimately combat climate change. CleanJoule's cutting-edge technology allows it to harness existing biomass energy and turn it intohigh-performance aviation fuel as well as carbon-negative bio-rubber that can be used in a variety of consumer and commercial products.
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
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FinStart Nordic
VC Fund · 1 investments in Norway CleanTech startups

Finstart Nordic is an investment fund and an innovation company that invests in and partners with teams of exceptional founders. The company invests in ambitious startups capable of disrupting the financial industry, and help them scale in the Nordics and beyond.

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Investment focus

  • Industry: Financial Services, Software, SaaS
  • Stage:Venture - Series Unknown, Pre-Seed
  • Geography: Norway, Denmark

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $1.4M–$4.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech
  • NORD.investments A/S — NORD is a digital investment services; in cooperation with Saxo Bank, helps you design and maintain your portfolio.NORD is a Danish company that was started as a response to the high cost mutual funds and bank advisers takes to help their customers to invest. Instead of having expensive consultants and large branches NORD has a simpleself-service platform with the right tools.Most are handled automatically and the practical tasks for our experts can be kept to a minimum. All investment plans are composed of carefully selected ETFs. When you invest through NORD, it is therefore not in individual stocks or bonds but rather in a number of funds that spreads your risk.
  • Beaufort Solutions — Beaufort Solutions is a developed financial software solution intended to combat financial crimes related to the money laundering act.
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EMOS
VC Fund · Silava, Preilu, Latvia · 1 investments in Norway CleanTech startups

The EMOS company portfolio holds more than 1 300 active product items which are ready for immediate use. This product portfolio is divided into product groups lead by specialists who will help to ensure clarity in all aspects of technical support and purchase

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Investment focus

  • Industry: Solar, Energy, CleanTech
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
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Rumbo Ventures
VC Fund · Madrid, Madrid, Spain · 1 investments in Norway CleanTech startups

We exist to empower those who believe in a change for the planet. Rumbo Ventures invests in early-stage climate technology companies.

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Investment focus

  • Industry: Renewable Energy, PaaS, Energy
  • Stage:Seed
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 19
  • Round size: Seed $525k–$3.6M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely still investing — raised $500k in 2023

Portfolio highlights

  • LISUS — Lisus leverages State-of-the-art technologies to sell materials for batteries, partnering strategically with miners to decrease environmental impact.
  • Mykor — Mykor develops and scales the next generation of building insulation that considers both human and planet health using industrial residues and mycelium for a 100% circular product.
  • 1s1 Energy — Hydrogen Not Carbon Affordable green hydrogen enabled by boron based chemistry. Learn more Industry-leading electrolyzers Proprietary technology 1s1
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SpareBank 1
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway CleanTech startups

SpareBank 1 Alliance is the second largest financial institution.

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Investment focus

  • Industry: SaaS, Solar, Banking
  • Stage:Venture - Series Unknown, Series A
  • Geography: Norway, Australia

Investor stats

  • Total investments: 6
  • Round size: Venture - Series Unknown $1.5M–$1.8M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • AlumatIQ — AlumatIQ specializes in industrial robotics, automation, and digitalization in the aluminum industry. Their first product is robotic automation of the anode change process, with high accuracy, consistency, and speed. Improves health and safety conditions for operators in pot rooms and reduces emissions of HF and greenhouse gases.
  • Vow Green Metals — Vow Green Metals purpose is to hasten the global switch to renewable resources by providing environmentally friendly substitutes for fossil reduction agents in the metallurgical sector.
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Farvatn Venture
VC Fund · 1 investments in Norway CleanTech startups

Planet 9 Venture supports startups and work with venture funds to make a positive imprint on the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 85
  • Round size: Seed $1M–$8M; Pre-Seed $120k–$1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • BioSort — Biometrics provides lice, biomass, extraction, and data analysis. They offer feed, fish health, welfare, optimized harvest aquaculture, and fisheries. They provide sensor technologies, machine vision, AI, software, mechatronics.
  • Birdsview — Sensor fusion of GPR radar, lidar and camera plus AI analysis: see inside any concrete structure without breaking it.
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Vito One
VC Fund · Munich, Bayern, Germany · 1 investments in Norway CleanTech startups

Die Digitalisierung stellt uns vor neue Herausforderungen, denen wir mutig begegnen. Mit VC/O gestalten wir die Zukunft mit und investieren in sie.

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Investment focus

  • Industry: Real Estate, Construction, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, Norway, Austria

Investor stats

  • Total investments: 17
  • Round size: Seed $278k–$4M; Pre-Seed $370k–$450k
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • DaiBau — Get bargains, bulk discounts on selected products and materials for your home.
  • Imerso — Imerso is a construction management software, powered by lean construction and BIM. It automates construction inspections by comparing As Built to As Planned.
  • Chooose — Accelerate your sustainable aviation fuel program with Chooose's software. Manage, report on, and scale your SAF initiatives effectively. Learn more!
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We Are Human
VC Fund · London, England, United Kingdom · 1 investments in Norway CleanTech startups

We Are Human strategise, design and build products and services that add value to people's lives through fulfilling a need or satisfying a desire. We Are Human is a platform to invest in great ideas and make them happen. By co-creating innovative new businesses, we can have impact in areas where they have a strong passion and desire toinfluence, improving their knowledge and skillset along the way. Through insights, future vision and human-centric design. We Are Human empower people, create change and instigate shared experiences that deliver tangible results.

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Investment focus

  • Industry: Software, Education, iOS
  • Stage:Seed, Angel, Convertible Note
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • imagi — Programming has never been this much fun! Learn to create with code, share your designs with friends on the imagiLabs app and customize your imagiCharm - a fun, easy-to-use, colorful, and educational toy for girls. Imagine it. Code it. Wear it.
  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
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Bonheur ASA
VC Fund · 1 investments in Norway CleanTech startups

Bonheur ASA is a publicly traded Norwegian holding company headquartered in Oslo.

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Investment focus

  • Industry: SaaS, Energy, Software
  • Stage:Series A, Pre-Seed
  • Geography: United Kingdom, Norway

Investor stats

  • Total investments: 3
  • Round size: Series A $5.5M–$13M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Tepeo — tepeo is designing and developing zero carbon domestic heating solutions
  • Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech
  • measurable.energy — Machine Learning and hardware platform to eliminate wasted energy and GHG emissions in buildings
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Wiski Capital
VC Fund · Trondheim, Sor-Trondelag, Norway · 1 investments in Norway CleanTech startups

Venture capital firm focused on tech startups.

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Investment focus

  • Industry: Software, Energy, Renewable Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $740k–$8.3M; Venture - Series Unknown $1.1M–$3.5M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • Evyon — Eyvon is an electrical company that provides EV battery solutions to accelerate into a fully renewable future for everyone. The company's proprietary hardware and Battery Cloud ecosystem enable the conversion of EV batteries into high-quality, affordable, and plug-and-play battery energy storage systems.Eyvon's mission is to convertbattery waste into high-quality battery systems by repurposing discarded EV batteries. By leveraging a standardized and data-driven value chain, their ambition is to provide solutions at less than half the price of new ones.It was founded in 2020 and is based in Oslo, Norway.
  • Cubit — No more old-school and time consuming applications made in the 90s. Welcome to the new generation of professional software, as user-friendly and smooth as your smartphone.
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Sound Ventures
VC Fund · Beverly Hills, California, United States · 1 investments in Norway CleanTech startups

Sound Ventures is a venture capital firm. The company seeks to invest in the technology sector.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 265
  • Round size: Seed $1.4M–$10M; Series A $9M–$30M; Series B $17M–$105M
  • Lead/follow: 11% lead, 89% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2025

Portfolio highlights

  • Knit — Knit is an AI-Native Research Agency that combines the rigor and expertise of a traditional agency with the speed and efficiency of AI.
  • Factory — Factory is bringing autonomy to software engineering.
  • Stability AI — AI for Humanity. Stability AI is a solution studio dedicated to innovating ideas. By using collective intelligence principles and augmented technology we design and implement feasible solutions to seemingly intractable problems.
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CleanTech VC funding in Norway at a glance

Stats across 57 deals from 74 investors.

74
investors
in Norway CleanTech startups
57
deals
in Norway CleanTech startups
$3M
median round
in Norway CleanTech startups
46%
lead investors
lead at least one round
25%
Seed
most common funding stage

Access all 74 VC funds in Norway CleanTech startups.

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