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Top 50 Climate VC Funds & Investors in Norway (June 2026)

The most active venture capital funds investing in Norway Climate startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Climate startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Antler
VC Fund
11 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
ProVenture
VC Fund
10 Norway, United States, India Seed, Series A Software, Oil and Gas, Manufacturing $744k–$6.6M
Investinor
VC Fund
9 Norway, United States, Sweden Series A, Seed Software, Biotechnology, Manufacturing $400k–$25M
Momentum
VC Fund
7 Norway, Finland, United Kingdom Seed, Series A Renewable Energy, Energy, Manufacturing $1.6M–$4.2M
RunwayFBU
VC Fund
7 Norway, Italy, Sweden Pre-Seed, Seed SaaS, Software, Information Technology $551k–$6.2M
SINTEF Venture AS
VC Fund
6 Norway, United States, United Kingdom Seed, Pre-Seed Software, Manufacturing, Energy $160k–$5.1M
Speedinvest
VC Fund
4 Germany, United Kingdom, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $406k–$38M
Alliance VC
VC Fund
4 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics $1.3M–$24M
Nysnø
VC Fund
4 Norway, United Kingdom Series A, Series B Renewable Energy, Robotics, Software $5M–$44M
Voyagers
VC Fund
3 Germany, United Kingdom, The Netherlands Seed, Pre-Seed, Convertible Note Manufacturing, Software, Renewable Energy $1M–$6.6M
Wiski Capital
VC Fund
3 Norway, Sweden Seed, Pre-Seed Software, Energy, Renewable Energy $740k–$7.7M
Blue Bear Capital
VC Fund
3 United States, Germany, The Netherlands Series A, Seed Software, Information Technology, Artificial Intelligence $1.5M–$18M
Superangel
VC Fund
3 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Valinor AS
VC Fund
3 Norway, United Kingdom Seed, Series A Robotics, Software, Renewable Energy $1.8M–$2.4M
Shell Ventures
VC Fund
3 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $3M–$126M
Link Venture Capital
VC Fund
3 Norway, United Kingdom, The Netherlands Pre-Seed, Seed Software, Renewable Energy, Marine Technology $400k–$4.4M
Voima Ventures
VC Fund
3 Finland, Sweden, Norway Seed, Pre-Seed, Series A Biotechnology, Health Care, Artificial Intelligence $439k–$18M
Statkraft Ventures
VC Fund
2 Norway, France, Germany Series A, Series B Renewable Energy, Energy, Big Data $3.2M–$115M
Vinyl Capital
VC Fund
2 United States, India, Canada Seed, Series A, Pre-Seed E-Commerce, Software, Analytics
Sondo Capital
VC Fund
2 Norway, United States, Denmark Seed, Pre-Seed, Series A Software, Analytics, Real Time $660k–$5.1M
Bakken & Baeck
VC Fund
2 Norway Seed, Angel Chemical, Software, Life Science
Singularity
VC Fund
2 Norway Pre-Seed, Convertible Note SaaS, Software, CleanTech
Akershus Energi
VC Fund
2 Norway Solar, Energy, CleanTech
Eviny Ventures
VC Fund
2 Norway Seed, Series A PaaS, SaaS, Solar $5.4M–$5.6M
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, France Seed, Series A, Pre-Seed Software, Renewable Energy, Energy $55k–$15M
Arkwright X
VC Fund
2 Norway, Sweden Seed, Pre-Seed Software, SaaS, Energy $93k–$5.6M
CoFounder
VC Fund
2 Norway Seed, Series A Industrial, Manufacturing, SaaS $821k–$2.3M
Ferd
VC Fund
2 Norway, Sweden, United States Private Equity, Series A Software, Energy, Information Technology $2.2M–$14M
Loyal VC
VC Fund
2 United States, Canada, United Kingdom Pre-Seed, Seed Artificial Intelligence, Software, E-Commerce $78k–$3.1M
Skyfall Ventures
VC Fund
2 Norway, Denmark, United States Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $336k–$5.5M
TRUMPF Venture
VC Fund
2 Germany, Switzerland, United States Series A, Series B Manufacturing, Software, Information Technology $4M–$70M
Saudi Aramco Energy Ventures
VC Fund
2 United States, Norway, United Kingdom Series B, Series C Energy, Oil and Gas, Software $4M–$110M
MP Pensjon
VC Fund
2 Norway, Sweden, United States Seed, Series A Software, Information Technology, SaaS $500k–$9M
Aidiom
VC Fund
2 Norway, Czech Republic Pre-Seed, Seed, Series A Software, Industrial, Artificial Intelligence $590k–$1.1M
Butterfly Ventures
VC Fund
2 Finland, Sweden, Norway Seed, Pre-Seed Health Care, Software, Information Technology $110k–$4.4M
Dawn Capital
VC Fund
2 United Kingdom, United States, Denmark Series A, Series B, Series C Software, SaaS, Information Technology $3M–$180M
Lifeline Ventures
VC Fund
2 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Lyse Group
VC Fund
2 Norway Seed SaaS, Water, Analytics
Amadeus Ventures
VC Fund
2 United States, Spain, Canada Seed, Series A Software, Travel, Mobile
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
Sound Ventures
VC Fund
1 United States, Canada, Israel Seed, Series A, Series B Software, Financial Services, FinTech
Vito One
VC Fund
1 Germany, Norway, Austria Seed, Pre-Seed, Series A Real Estate, Construction, Artificial Intelligence
Lionheart Ventures
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A Health Care, Biotechnology, Wellness
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy
Newday
VC Fund
1 Norway Software, Food Processing, Waste Management
Futurum Ventures
VC Fund
1 Sweden Pre-Seed Energy, Renewable Energy
Ecosystem Integrity Fund
VC Fund
1 United States, India, Canada Series A, Series B Renewable Energy, Energy, Software
PT1
VC Fund
1 Germany, United Kingdom, Switzerland Seed, Series A, Pre-Seed Real Estate, Software, Construction
Bonheur ASA
VC Fund
1 United Kingdom, Norway Series A, Pre-Seed SaaS, Energy, Software
Spintop Ventures
VC Fund
1 Sweden, Finland, Norway Seed, Series A Software, Information Technology, SaaS
Access all 50 VC funds in Norway Climate startups.

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

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Investor list

Antler
VC Fund · Singapore, Central Region, Singapore · 11 investments in Norway Climate startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 935
  • Round size: Seed $362k–$5.8M; Pre-Seed $100k–$1.3M; Series A $4.6M–$29M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Gyodi
  • Pathzero — Pathzero's carbon management platform enables any business to start disclosing corporate carbon emissions and the actions being taken to address them.
  • Unseen — Unseen is a market intelligence platform for commercial real estate.
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ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway · 10 investments in Norway Climate startups

ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).

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Investment focus

  • Industry: Software, Oil and Gas, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, United States, India

Investor stats

  • Total investments: 36
  • Round size: Seed $744k–$6.6M; Series A $4.9M–$5.6M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
  • Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
  • Cimon Medical — Cimon Medical develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow. The first product to be released in Q4 21 is NeoDoppler - non-invasive continuous monitoring of blood-flow in the brain of premature or critically ill infants.
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Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 9 investments in Norway Climate startups

Investinor invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion. The company has BNOK 4.2 ($500 m) under management and focus on companies within the internet, software, semiconductors, energy, cleantech, marine and life sciences sectors.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 117
  • Round size: Seed $400k–$3.3M; Series A $2M–$25M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $148M in 2011

Portfolio highlights

  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Actithera — Actithera is a molecular radiotherapeutic company that develops radioligand therapies. It translates medicinal chemistry insights into new radioligand therapies (RLTs) and applies various molecular design strategies, including covalent targeting and an isotope-agnostic philosophy, to invent RLTs with significant differentiation and largertherapeutic windows.
  • Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations
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Momentum
VC Fund · Bergen, Hordaland, Norway · 7 investments in Norway Climate startups

Momentum invests in companies with sustainability and climate impact at the heart of their business. We invest in innovative and ambitious teams, with a particular focus on the ocean industries, agriculture, renewables and construction/property (incl. energy efficiency).We typically enter in the seed stage, following our portfolio companiesall the way through their scaling.We roll up our sleeves and contribute to the development of our companies, always based on aligned incentives. Momentum brings competence and involvement to the table, not only equity.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, Finland, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Seed $1.6M–$4.2M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Enerin — Enerin reduces energy consumption and costs through our know-how within energy technology and operation of heating and cooling systems, including industrial heat pumps through our products Thermonitor, HoegTemp, WaveClean, Feedwater systems and Niprox water treatment.
  • TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
  • Photoncycle — The year-round solar energy system for heating and electricity
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RunwayFBU
VC Fund · Fornebu, Akershus, Norway · 7 investments in Norway Climate startups

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

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Investment focus

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

Investor stats

  • Total investments: 24
  • Round size: Seed $971k–$6.2M; Pre-Seed $551k–$2M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $33M in 2021

Portfolio highlights

  • 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.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
  • Phantasma Labs — That Unlocks Hidden Capacity, Boosts EBITDA, and Delivers ROI in 6 Months
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SINTEF Venture AS
VC Fund · Trondheim, Sor-Trondelag, Norway · 6 investments in Norway Climate startups

We commercialize technology created by SINTEF's research environments

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Investment focus

  • Industry: Software, Manufacturing, Energy
  • Stage:Seed, Pre-Seed
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 28
  • Round size: Seed $160k–$5.1M; Pre-Seed $373k–$762k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2018

Portfolio highlights

  • Nomono — Capture studio-quality podcasts with immersive 3D audio. Get professional mics, AI editing, and cloud storage in one system. Start your free trial today.
  • 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.
  • Hydrogen Mem-Tech — Hydrogen Mem-Tech aim is to make the green shift happen through our state-of-the-art hydrogen separation technology with carbon capture.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Norway Climate 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, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Austria

Investor stats

  • Total investments: 518
  • Round size: Seed $823k–$8M; Pre-Seed $406k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M 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!
  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
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Alliance VC
VC Fund · Oslo, Oslo, Norway · 4 investments in Norway Climate startups

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $1.3M–$5M; Series A $1.8M–$24M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Endform
  • Newcode.ai
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
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Nysnø
VC Fund · Stavanger, Rogaland, Norway · 4 investments in Norway Climate startups

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: Renewable Energy, Robotics, Software
  • Stage:Series A, Series B
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Series A $5M–$23M; Series B $5.5M–$44M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Ofiniti — Ofiniti is a platform designed for businesses to streamline operations through digital maritime fuel distribution. Ofiniti's platform offers solutions that bridge the digital gap between fuel suppliers and consumers, improving the efficiency of marine fuel bunkering operations. Ofiniti works to enhance operational performance within themaritime sector by integrating technology into traditional industries.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Dimensions Agri Technology — DAT is a Norwegian AgTech company offering a solution for real time patch spraying, using AI to recognize weeds in cereal fields.
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Voyagers
VC Fund · London, England, United Kingdom · 3 investments in Norway Climate 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: 23
  • Round size: Seed $2M–$6.6M; Pre-Seed $1M–$2.5M; Convertible Note $3.5M–$5M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — fund raised 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.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
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Access 48,091 investors

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

Browse database — It's Free!
Wiski Capital
VC Fund · Trondheim, Sor-Trondelag, Norway · 3 investments in Norway Climate startups

Venture capital firm focused on tech startups.

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Investment focus

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

Investor stats

  • Total investments: 11
  • Round size: Seed $740k–$7.7M
  • 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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Blue Bear Capital
VC Fund · Beverly Hills, California, United States · 3 investments in Norway Climate startups

Explore AI solutions for energy challenges. Invest in a sustainable future with Blue Bear Capital. Learn more today!

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: United States, Germany, The Netherlands

Investor stats

  • Total investments: 76
  • Round size: Seed $1.5M–$3.5M; Series A $5.5M–$18M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Delos Insurance — An insurance company which uses advanced technology and artificial intelligence to protect California homeowners from wildfires.
  • Demex — The Demex Group is a technology company that customizes and delivers climate-resilience through financial risk solutions on a global scale.
  • Urbint — Urbint uses artificial intelligence to predict threats to workers and critical infrastructure and stop incidents before they happen.
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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Norway Climate startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 76
  • Round size: Seed $767k–$6.6M; Pre-Seed $165k–$2.2M; Series A $5.3M–$20M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
  • ZITICITY — Juragan69 adalah venue slot demo yang dipilih untuk final oleh para juragan di Indonesia karena memiliki fasilitas permainan slot yang lengkap serta pelayanan super ramah dari para customer service di situs ini.
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Valinor AS
VC Fund · Stavanger, Rogaland, Norway · 3 investments in Norway Climate startups

Established in 1996 as Norsk Vind AS, re-branded Valinor AS in 2019, the company is a family owned investment firm that holds controlling interest in Norsk Vind Energi AS, Norway's largest private wind company. The company re-invests 90% of its profits into clean tech and renewable energy companies worldwide. Its largest investments includeglobal leader in electricity infrastructure Zaptec, and solar energy developer Norsk Solar AS.

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Investment focus

  • Industry: Robotics, Software, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$2.4M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
  • Heaten — HeatBooster - Patented high-temperature heat pump technology reducing the reliance on fossil fuels by creating reusable energy.
  • Sensonomic — Sensonomic helps you improve your land-based decisions by building digital versions of your operations. Test the outcome of your decisions before implementation.
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 3 investments in Norway Climate 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
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 155
  • Round size: Series A $6M–$30M; Series B $3M–$126M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kespry — Firmatek provides end-to-end insights for heavy industry through expert field services, drone mapping, and software that turns data into confident decisions.
  • ElectronX — ElectronX is an electricity demand grows and the grid rapidly shifts to intermittent renewable energy sources.
  • Innowatts — Innowatts is a data analytics and energy transition leader who uses energy usage data, insights and best-in-class machine learning to help energy retailers and utilities from around the world manage their grids, profitability, customer relationships and sustainability goals in a digitalizing, decarbonizing, and electrifying world. To date, theInnowatts eUtility™ technology platform has leveraged data from more than 34 million meters to help energy providers ensure grid reliability, anticipate trends, secure profitability, and promote sustainability — advancing and creating a more personalized energy experience for their customers. For more information, please visit www.innowatts.com.
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Voima Ventures
VC Fund · Helsinki, Southern Finland, Finland · 3 investments in Norway Climate startups

Voima Ventures’ mission is to solve major global problems by combining science, entrepreneurship, and value adding capital. They shed light on the ideas and technology which require time and courage to build. Industry domains include bio and new materials, medical technologies and life sciences, imaging and optics, IoT and electronics, robotics,software & ICT and AI. In addition, Voima Ventures has invested in more than 30 deep tech startups, including companies like Solar Foods, Infinited Fiber Company, and Dispelix. Cornerstone investors are VTT Technical Research Centre of Finland and European Investment Fund (EIF), backed by Finnish private and institutional investors.

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Investment focus

  • Industry: Biotechnology, Health Care, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 59
  • Round size: Seed $1M–$5.5M; Pre-Seed $439k–$2.1M; Series A $3.8M–$18M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • MVision AI — AI-powered solutions that automate repetitive tasks, enable efficient radiotherapy workflows, and promote consistency across clinical processes.
  • Quantrol Ox — Building Machine Learning Based Software for Quantum Control with a goal to maximise quantum computer uptime.
  • Adamant Health — Adamant Health’s unique technology to analyse Parkinson’s disease symptoms is based on over 15 years of academic research at the University of Eastern Finland. With the technology, clinicians have several days detailed visibility to the patient’s symptoms and is able to optimise the treatment accordingly. Pharma companies benefit from the objectiveand long-term RW data in their clinical and post market studies and can utilise it as complementary diagnostics tool for personalised medication.
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Statkraft Ventures
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 2 investments in Norway Climate startups

Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.

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Investment focus

  • Industry: Renewable Energy, Energy, Big Data
  • Stage:Series A, Series B
  • Geography: Norway, France, Germany

Investor stats

  • Total investments: 47
  • Round size: Series A $3.2M–$23M; Series B $8.5M–$115M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • zolar — With the zolar online configurator, homeowners can customise the components of their PV system to suit their individual requirements and receive personal assistance from one of our solar energy experts at the same time. zolar’s extensive network of local partner companies takes care of the installation on site. The Berlin-based start-up employsaround 200 employees across Germany and pursues the vision of installing a PV system on every roof in the world in order to make private households more independent from the mains grid. The dovetailing of energy generation, electricity storage and mobility allows customers to design electrified and smart households. As a next green energy company, zolar enables its customers to become energy providers for their own four walls, neutralise their carbon footprint and, in turn, make an effective contribution to climate protection.
  • Fluctuo — Keeping track of all the new mobility services requires a constant monitoring process, a reliable and exhaustive data source and a complete set of analytics tools.By providing powerful SAAS solutions to collect, analyze and visualize data, fluctuo reduces the time, efforts and costs to supervise & manage this new generation of transportationservices.
  • Betterspace — Betterspace is innovative and holistic solution provider for the reliable and efficient digitization in the hotel industry. Betterspace is 360 ° solution provider for the digitization of hotels. Their goal is to partner with in intelligent and smart software as part of digitization and to simplify day-to-day work as a hotelier. They ensureincreased sales, reduced operating costs and optimized operating processes in hotel.
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Vinyl Capital
VC Fund · Boston, Massachusetts, United States · 2 investments in Norway Climate startups

Investing in the future of how people buy stuff.

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Investment focus

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

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

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.
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Sondo Capital
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate startups

Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway

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Investment focus

  • Industry: Software, Analytics, Real Time
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, United States, Denmark

Investor stats

  • Total investments: 16
  • Round size: Seed $2.1M–$5.1M; Pre-Seed $660k–$2M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
  • Cardboard — Cardboard simplifies SaaS spend management with virtual cards, automated receipt collection, and AI receipt matching, all accessible through a live dashboard to control software costs.
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Bakken & Baeck
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate startups

Since 2011, we have built products with some of the most ambitious companies out there. From defining the future of conversational AI with Sierra to building decentralised platforms with Coinbase.

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Investment focus

  • Industry: Chemical, Software, Life Science
  • Stage:Seed, Angel
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Versor — Versor develops software necessary for true autonomous drone flight both indoors and outdoors, enabling complete automation of industrial drone operations. They believe this level of automation requires superior localization, which is particularly difficult to achieve indoors and in GPS-denied areas. By removing the need for pilots, entire fleetsof drones may be supervised remotely, enabling true scalability of drone operations across various applications.
  • Iris.ai — Augment expert knowledge by unifying complex enterprise data to empower next-gen AI agents & applications
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Singularity
VC Fund · 2 investments in Norway Climate startups

Luxembourg-based family office

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Investment focus

  • Industry: SaaS, Software, CleanTech
  • Stage:Pre-Seed, Convertible Note
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
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Akershus Energi
VC Fund · Rånåsfoss, Akershus, Norway · 2 investments in Norway Climate startups

Akershus Energi is a power company producing hydroelectric power and electrical equipment. The company also focuses on efficient and renewable energy production, active power trading and profitable investments, development of hydropower, wind power and district heating, and data center and infrastructure. It sells the power generated and trades inthe financial market, as well as distributes hot water for heating and hot tap water purposes.Akershus Energi was established in 1922 and is based in Rånåsfoss, Norway.

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Investment focus

  • Industry: Solar, Energy, CleanTech
  • 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.
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Eviny Ventures
VC Fund · Bergen, Hordaland, Norway · 2 investments in Norway Climate startups

Eviny Ventures is the venture fund of the Eviny Group, which invests in start-up and growth companies that think new and have the potential to play a key role in the renewable society of the future.

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Investment focus

  • Industry: PaaS, SaaS, Solar
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 6
  • Round size: Seed $5.4M–$5.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Appfarm — Quickest way to develop apps
  • Photoncycle — The year-round solar energy system for heating and electricity
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Norway Climate 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: 53
  • Round size: Seed $274k–$8M; Pre-Seed $55k–$4.1M; Series A $1.7M–$15M
  • Lead/follow: 38% lead, 62% follow

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.
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Arkwright X
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate startups

Leading Nordic venture capital firm investing in early-stage B2B startups

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$5.6M; Pre-Seed $93k–$2.8M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Qurrent — Qurrent provides intelligent software solutions that optimize, regulate, and automate the trading of decentralized renewable energy assets.
  • Economic Mind — Economic Mind provides a bottom-up digital twin of the global economy. Access insights for over 100.000 markets, 10 million companies, 250 countries and 1000+ industries using the Economic Mind Strategy Portal.
  • 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.
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CoFounder
VC Fund · Trondheim, Sor-Trondelag, Norway · 2 investments in Norway Climate 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 $821k–$2.3M
  • Lead/follow: 10% lead, 90% follow

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.
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Ferd
VC Fund · Lysaker, Akershus, Norway · 2 investments in Norway Climate startups

Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Private Equity, Series A
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 58
  • Round size: Series A $2.2M–$13M; Private Equity $11M–$14M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2005

Portfolio highlights

  • wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
  • Nofence — Manage your livestock from anywhere with GPS collars and a simple app. Unlock more acres, cut fencing costs, and run your operation on your terms.
  • 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.
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 2 investments in Norway Climate startups

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 146
  • Round size: Seed $78k–$3.1M; Pre-Seed $110k–$1M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
  • Zobi — Zobi’s not just Artificial Intelligence, it’s Home Intelligence. Our smart, brand-agnostic solutions take a holistic view of homes - people, devices, networks, habits. They build an anonymous profile for each home, then use that intel to spot unusual behaviour and stop cybercriminals.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance
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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate startups

We are an early stage venture capital firm based in Oslo, Norway.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Denmark, United States

Investor stats

  • Total investments: 55
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $336k–$3.3M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Stendr
  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • 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.
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TRUMPF Venture
VC Fund · Ditzingen, Baden-Wurttemberg, Germany · 2 investments in Norway Climate startups

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture investsglobally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

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Investment focus

  • Industry: Manufacturing, Software, Information Technology
  • Stage:Series A, Series B
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 30
  • Round size: Series A $4M–$12M; Series B $4.3M–$70M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — raised $47M in 2016

Portfolio highlights

  • nyris — Our custom search engines make it easy for people to find products, spare parts, and components for industry and eCommerce
  • Quside — Our QRNGs let innovators build advanced solutions for cybersecurity and computation.
  • iThera Medical — iThera Medical offers access to innovative technology and know-how in photonic molecular imaging. The company was founded in 2010, as a spin-off from the Helmholtz Zentrum Muenchen, the German Research Center for Environmental Health (HMGU). Together, they pursue the further development of proprietary MSOT technology for use in preclinical andclinical applications.
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Saudi Aramco Energy Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 2 investments in Norway Climate startups

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia),SAEV also operates through regional offices in North America and Europe. SAEV's Objectives are: - Enhance reserve identification, management and production - Increase energy production - Improve operational efficiency - Increase value in downstream processes - Optimize energy & water consumption in Saudi ArabiaSAEV's investment Focus Areas are: - Upstream Oil & Gas - Downstream & Petrochemicals - Sustainability - Digitalization and IR4.0 - New Drivers of Hydrocarbon Demand

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Investment focus

  • Industry: Energy, Oil and Gas, Software
  • Stage:Series B, Series C
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Series B $4M–$58M; Series C $10M–$110M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2020

Portfolio highlights

  • Novomer — Novomer is a new materials company pioneering a family of competitively priced high-performance green plastics, polymers and other chemicals. With proprietary catalytic technology and a world-class scientific team, Novomer's groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed intopolymers, plastics and other chemicals for a wide variety of industrial markets.It was founded in 2004 and headquartered in Waltham, Massachusetts.
  • 908 Devices — Revolutionizing chemical analysis with simple handheld devices that provide rapid answers at the point-of-need in vital health and safety applications.
  • Data Gumbo — Data Gumbo is the smart contract company trusted by global industrial enterprises. The only network of enterprises and their customers, suppliers and vendors that successfully incorporates real-time sensor level and field data to validate transactions, GumboNet™ reduces costs by more than 10% for all network members by automatically eliminatingpayment delays, disputes and complicated reconciliations.To date, Data Gumbo has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco; Equinor Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator; and L37, a hybrid venture capital and private equity company. Data Gumbo is headquartered in Houston, Texas, with global offices in Stavanger, Norway, and London, UK. For more information, visit www.datagumbo.com.
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MP Pensjon
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate 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: 18
  • Round size: Seed $500k–$5.5M; Series A $4.9M–$9M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Flocean — Flocean delivers sustainable subsea desalination, providing industrial-scale freshwater as global water demand outpaces supply by 2030.
  • Metric — Metric develops AI-driven tools for automating digital advertising. Its platform, which primarily serves Shopify-powered e-commerce companies, is made to handle campaign creation, budget distribution, and performance optimization across Meta and Google.
  • 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.
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Aidiom
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Climate startups

Aidiom is an early stage deeptech investor providing seed and venture capital to applied AI enterprise software startups in Europe.

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Investment focus

  • Industry: Software, Industrial, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Norway, Czech Republic

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $590k–$1.1M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
  • Intelecy — Turn your data into valuable insight for process optimization and achieve sustainable production. By using Intelecy, you can build your own powerful no-code machine learning models in minutes without a single line of code!
  • Aevy — Turn your renewable asset documents into profitable decisions
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Butterfly Ventures
VC Fund · Oulu, Oulu, Finland · 2 investments in Norway Climate startups

Butterfly Ventures is a seed-stage focused VC in the Nordics, investing in deep tech, hardware, and hardware interfacing software. The company prefers to get involved with companies early on; 80% of Butterfly Ventures portfolio companies don't have any revenue at the time of their entry. Butterfly Ventures was founded in 2012 and ever sincethen it has been one of the most active early stage VCs in the region. The company has offices in Oulu, Helsinki and Stockholm.

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Investment focus

  • Industry: Health Care, Software, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Norway

Investor stats

  • Total investments: 86
  • Round size: Seed $219k–$2.1M; Pre-Seed $110k–$4.4M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • 10Lines — Explore cutting-edge pavement marking robots for faster, autonomous striping and significant CO2 reduction. Contact us now!
  • CooliBlade — Superior power electronics cooling solutions for applications like solar and wind energy, energy storage, EV charging and telecommunications.
  • Popit — Popit makes medication connected with a unique, medical grade solution. It tracks medication use automatically and reminds ONLY if you miss. Developed together with healthcare professionals.
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Dawn Capital
VC Fund · London, England, United Kingdom · 2 investments in Norway Climate startups

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, United States, Denmark

Investor stats

  • Total investments: 136
  • Round size: Series A $3M–$39M; Series B $9.8M–$66M; Series C $15M–$180M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $80M in 2023

Portfolio highlights

  • Harbr — The Harbr data commerce platform powers high-margin data businesses by enabling customized data product design and delivery at scale to drive significant revenue
  • BRYTER — BRYTER is the AI productivity suite for legal work, made actionable through rule-based workflows.
  • Runware — Run AI models with the lowest-cost API for developers. Fast, flexible access to generative models for image, video, audio, LLM, 3D, and more.
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Norway Climate startups

Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

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Investment focus

  • Industry: Software, Health Care, E-Commerce
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 178
  • Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $171M in 2023

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
  • Everywear Games — Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top ofglobal charts.
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Lyse Group
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway Climate startups

Lyse er et norsk energi- og telekomkonsern som leverer produkter under merkevarene Altibox, ice og Lyse.

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Investment focus

  • Industry: SaaS, Water, Analytics
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Heimdall Power — Heimdall Power helps utilities optimize the power grid with state-of-the-art sensors and software, enabling real-time capacity management and situational awareness for a more efficient and reliable energy system.
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Amadeus Ventures
VC Fund · Madrid, Madrid, Spain · 2 investments in Norway Climate 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, Mobile
  • Stage:Seed, Series A
  • Geography: United States, Spain, Canada

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

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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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Norway Climate startups

Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.

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Investment focus

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

Investor stats

  • Total investments: 61
  • Round size: Seed $960k–$5.4M; Series A $2.9M–$21M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
  • RedpineAI — RedpineAI provides a new data infrastructure for AI development. The platform gives companies building AI and autonomous agents access to high-quality, multi-modal, and domain-specific datasets.
  • Photoncycle — The year-round solar energy system for heating and electricity
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Sound Ventures
VC Fund · Beverly Hills, California, United States · 1 investments in Norway Climate startups

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

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Investment focus

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

Investor stats

  • Total investments: 180
  • Lead/follow: no public data

Portfolio highlights

  • Form Health — Form Health's tele-health program takes a medical & personalized approach to weight loss. Get weight loss expertise wherever you are & improve your health today!
  • Hugging Face — Hugging Face is an open-source and platform provider of machine learning technologies. Their aim is to democratize good machine learning, one commit at a time. Hugging Face was launched in 2016 and is headquartered in New York City.
  • Supra — Supra is the world's highest-performing, fully vertically integrated L1 blockchain, and it's about to change everything.
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Vito One
VC Fund · Munich, Bayern, Germany · 1 investments in Norway Climate 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: 16
  • Lead/follow: no public data

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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Lionheart Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Climate startups

Lionheart Ventures is a global, seed-stage venture capital firm focused on mitigating civilizational risk. We do this by supporting the wise development of transformative technologies. Our main areas of investment focus are transformative artificial intelligence and frontier mental health technologies.Leading academics estimate a 1-in-6 chance ofhuman extinction by the year 2100, largely driven by risks from emerging technologies. And now, with the exponential growth of AI, predictions are getting worse. Our startups are part of the solution. We invest in exceptional, ethical founders who are developing transformative technologies that have the potential to impact humanity on a meaningful scale, while generating attractive returns for our LPs.

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Investment focus

  • Industry: Health Care, Biotechnology, Wellness
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Xylo Bio — Psylo is an Australia-based psychedelic biotech business focusing on Psychedelic-inspired medicine to treat mental illness.
  • Piramidal — Piramidal offers artificial intelligence software that transforms brain activity into easy-to-understand health data to help diagnose neurological diseases.
  • Clerkenwell Health — Clerkenwell Health addresses the growing unmet demand for effective mental health treatments.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Norway Climate startups, 15 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 192
  • Lead/follow: no public data

Portfolio highlights

  • GHGSat — GHGSat’s mission is to become the global reference for remote sensing of greenhouse gas (GHG), air quality gas, and other trace gas emissions from any source in the world.In June 2016, GHGSat launched the world’s first high-resolution satellite capable of measuring greenhouse gas (CO2 & CH4) emissions from any industrial facility in theworld. GHGSat is using this unique satellite and its patented technology to provide greenhouse gas emissions monitoring data and services globally,with better accuracy and at at a fraction of the cost of comparable alternatives. Owners of industrial facilities are now able to monitor all of their facilities, local or remote, anywhere in the world, with a common technology, in near-real-time. Significantly improved emissions information is enabling industries to better measure, control, and ultimately reduce emissions of GHGs.Building on lessons learned from its demonstration satellite, GHGSat launched its second satellite in Sept 2020 and a third is scheduled for Q1'21. Three more satellites are under construction for launch in early 2022. GHGSat also uses the same instrument technology from its satellites on aircraft, to provide complementary resolution and performance for customers in shale plays. GHGSat’s technology can also be used to monitor air quality gases, as well as other trace gases, in the atmosphere. Business cases are being developed for key markets, such as measuring SOx from ships.
  • Hydrostor — Hydrostor, a global leader in long-duration energy storage, pioneers technology to scale carbon reduction with a dedicated professional team.
  • Torngat Metals — We are a company dedicated to developing the Strange Lake rare earth project in northern Quebec. Through our commitment to drawing on best environmental
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Newday
VC Fund · Viken, Troms, Norway · 1 investments in Norway Climate startups

Newday is an investment firm that focuses on Norwegian companies. The company was founded in 2021 and is based in Ski, Viken.

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Investment focus

  • Industry: Software, Food Processing, Waste Management
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • TotalCtrl — With TotalCtrl's inventory management system you will know what's in your food inventory at any given time, ability to automate manual tasks, and receive intuitive reports.
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Futurum Ventures
VC Fund · 1 investments in Norway Climate startups

Futurum Ventures invest in visionary entrepreneurs build and scale tech companies.

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Investment focus

  • Industry: Energy, Renewable Energy
  • Stage:Pre-Seed
  • Geography: Sweden

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
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Ecosystem Integrity Fund
VC Fund · San Francisco, California, United States · 1 investments in Norway Climate startups, 8 in the past 12 months

The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution.

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Investment focus

  • Industry: Renewable Energy, Energy, Software
  • Stage:Series A, Series B
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 62
  • Lead/follow: no public data

Portfolio highlights

  • Glacier — Glacier is the creator of the first affordable, high-performing, and space-efficient AI-enabled robot for recycling.
  • Battery Smart — Battery Smart provides advanced Li-ion batteries to e-rickshaws. Battery Smart develops a retrofittable 48V Li-ion twin battery system that is compatible with all major electric rickshaw (e3w) models.
  • Vecmocon Technologies — Core technologies for electric mobility
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PT1
VC Fund · Berlin, Berlin, Germany · 1 investments in Norway Climate startups

PropTech1 Ventures - the leading independent venture capital fund focused on PropTech and ConstructionTech in Europe

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Investment focus

  • Industry: Real Estate, Software, Construction
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Switzerland

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Gendo — Gendo is a browser based platform that provides beautiful CGI. It accelerates design image production 100x with AI and ML, eliminating technical hurdles for designers using innovative browser-based tools."
  • Installer — the OS for installer networks
  • Beagle Systems — Beagle Systems GmbH offers on-demand drone images. With our long-range drones we can offer services quickly with up to 75x higher resolution than commercially available satellite data.
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Bonheur ASA
VC Fund · 1 investments in Norway Climate 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
  • Lead/follow: no public data

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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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Climate startups, 6 in the past 12 months

Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies.

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Investment focus

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

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • Embedl AB — Efficient Deep Learning by Deep Learning model optimization
  • VISS.AI — Talk to your apps and automate tasks
  • Impulso — Seamless product tracking. We help brands, agencies and suppliers increase sell-through, reduce administration and create a more sustainable retail landscape.
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