Top 30 CleanTech VC (Venture Capital) Funds in Norway in May 2026

Portfolio highlights

• Factris — We finance your open invoices so that you have the cash flow you need to grow your business. Your invoices, our financing! No more stress!
• 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!
• Toqio — Toqio is a development and orchestration platform where you can build, configure, and launch corporate embedded finance solutions for merchant networks.

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.
• Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
• Yama — Yama is currently in the active stages of technology development, leveraging its initial funding to showcase remarkable energy efficiency. Yama emphasis indicates a strong commitment to innovation in energy-saving solutions.

Portfolio highlights

• W•SENSE — W•SENSE is a telecommunications company that specializes in underwater monitoring and communication systems based on IoUT solutions.
• Fortifai — Increase efficiency and oversight on Environmental, Social, & Governance (ESG) topics - reduce implementation costs by up to 80%, and get set up in 30-60 days.
• Shapemaker — Your new software for civil engineering design and analysis, starting off with telecommunication infrastructure.

Portfolio highlights

• 44.01 — We offer a permanent CO2 storage solution using the natural power of mineralisation
• Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
• Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.

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!

Portfolio highlights

• Koverly — Leading B2B global payments solution that provides flexible options to pay over time and saves businesses up to 50% on foreign exchange fees.
• Two Boxes — The future of optimized and sustainable ecommerce returns has arrived. Two Boxes powers the processing of returns and captures critical data from the returns process, no matter the SKU count or SOP.
• Treat AI — Generate more targeted creative in less time to maximize engagement and conversions.

Portfolio highlights

• Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.

Portfolio highlights

• Eliq — Energy data platform for utilities combining customer insights and operational intelligence to improve service, reduce churn and grow revenue.
• PVcase — From site selection and design to yield optimization; PVcase helps streamline your entire process.
• Urbio — Intuitive online software for urban energy planning and design. Urbio helps energy providers, utilities, consultants and real estate companies save time and money with generative design and digital twins.

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.
• Plaace — Proptech company creating vibrant streets and cities by helping property owners choose and connect with the right concepts, at the right place, using the right data.
• Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.

Portfolio highlights

• Nicoustic — Nicoustic developed accurate, non-intrusive technology for separator-level measurement based on Guided Ultrasonic Waves. Their technique uses guided ultrasonic waves to measure the amounts of solids and liquids using sensors. It is being developed to measure the interface layers between emulsion and foam.Nicoustic's prototype is the outcomeof 20 years of study at the German Fraunhofer IKTS and a response to a challenge put forth by Equinor, the largest energy company in Norway.
• 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.

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.

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.

Portfolio highlights

• Warp — Warp is a payroll and compliance tool that makes it easy for founders to hire, onboard, and pay their employees.
• Diadia Health, Inc — An AI medical reasoning platform that helps clinicians analyze the root causes of symptoms and create personalized protocols that drive better outcomes.
• General Counsel AI — GC AI is an AI platform for in-house legal teams. Draft contracts, review documents, and research legal issues in seconds with SOC 2-certified, zero data retention AI. Trusted by 1,400+ legal teams.

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.

Portfolio highlights

• Evoy — Discover powerful, zero-emission electric boat motors built in Norway. Explore inboard and outboard options for sustainable boating.
• Glint Solar — Enabling developers to identify and analyze the best solar sites
• LIFENESS — Lifeness is a platform specialized in the treatment of lifestyle diseases and an entrepreneur from the fitness industry,

Portfolio highlights

• Foodology — Foodology creates and operates digital restaurant brands made for delivery.The company aims to be a delivery-focused restaurant group in Latam. With its portfolio of virtual brands operated through cloud kitchens, Foodology strives to create a best in class delivery experience for its customers.The company was founded in 2019 by HarvardBusiness School classmates Daniela Izquierdo and Juan Guillermo Azuero.
• Kyte — Kyte delivers rental cars straight to your door. We deliver and pick up the vehicle. No lines, no paperwork, freedom to explore. Fully flexible. Book today!
• EQUIP — In the region, SMB construction companies, which represent 90% of the market buy supplies manually at local hardware stores or retailers at high markup prices, which affects access to housing in LatAm. EQUIP’s platform offers a more efficient and cost-effective alternative, allowing construction companies to buy all the materials they need, get thedelivery and credit, all in one place.Our founding team has strong tech and construction backgrounds. Our investors include Pareto VC, Unpopular VC, GG Capital and angels from Rappi, Mercado Libre, and Amazon.

Portfolio highlights

• Aclarity — Aclarity commercializes electrochemical water treatment systems for the complete destruction of contaminants in water. We offer a risk-free pilot of our technology.
• Irrigreen — A revolutionary all-digital sprinkler system. Fewer, more efficient heads, accurately water to the exact shape of your landscape. Get a quote and see how Irrigreen can lower your water bill by ~50%.
• Cala Systems — Discover Cala, the innovative heat pump water heater that customizes heating to your lifestyle. Save money, reduce your carbon footprint, and enjoy easy installation with Cala. Reserve yours today and experience efficient, eco-friendly hot water tailored to your needs.

Portfolio highlights

• Mowi — Home - Mowi Company Website
• BW LPG — BW LPG is a logistics and transportation company that uses a fleet of maritime ships to carry liquefied petroleum gas. In houses, agriculture, transportation, and the chemical industry, liquefied petroleum gas is employed. The business is divided into two primary divisions: shipping and product services. Both buy and sell liquid petroleum gas andprovide delivery to consumers.
• Pacific Energy — Our innovative energy solutions are transforming the way power is generated, delivered, and managed across the nation.

Portfolio highlights

• NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
• Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech
• 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.

Portfolio highlights

• Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
• NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
• Fauna — When you need something, choose a green option. Through Fauna you will get bonus points for environmentally friendly purchases.

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

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!

Portfolio highlights

• Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech

Portfolio highlights

• Statiq — Find electric vehicle charging station near you, book a slot, digitally pay for charging car.
• Daphne Technology — Measure and abate methane slip with Daphne Technology. Learn how we reduce emissions in gas engine exhaust. Contact us today!
• Cumulus Digital Systems — The award-winning Quality Execution System (QES) that avoids rework for all your critical work activities across industrial construction and operations.

Portfolio highlights

• Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
• SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
• Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.

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.

Portfolio highlights

• Lexroom.ai — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
• Those Beyond — Those Beyond develops a social gaming platform that supports interactive fan experiences within fictional universes. The platform uses its proprietary Arise Engine to enable browser-based adventures, role-playing, and puzzle-solving activities involving mass community participation. Projects include collaborations with entertainment franchises suchas "The Walking Dead," allowing fans to engage with story-driven challenges and community events. The platform includes customizable social spaces designed to reflect the themes and aesthetics of the associated intellectual properties.
• Phagos — Phagos uses AI and phages to create personalized bacterial treatments in 2 months. Our sustainable antibiotic alternative targets specific bacteria without resistance, serving chicken, cattle, swine, and shrimp farms worldwide.

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.

Portfolio highlights

• SeaForester — Restoring the forgotten forests in our ocean.
• Ocean Rainforest — Ocean Rainforest offer a collection of premium fully-traceable seaweed products, mostly for food and cosmetic producers.
• Seaweed Solutions — Seaweed Solutions AS is one of Europe's largest seaweed farmers based in Norway. Our experience in seaweed farming dates back to 1978.

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.