Top 50 Energy Startup Investors in Norway (June 2026)

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.

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.

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

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

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.

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.

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

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.

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.

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.

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.

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.

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.

Portfolio highlights

• Zero — Protect your devices and gain access to websites. Round-the-clock customer support. VPN for Windows, Android, macOS, iOS, and routers. Free trial period.
• Twirl — A seamless experience for deploying data products
• SimpleStudy — Learn smarter with revision notes, past papers, quizzes, and expert tools for major Irish academic exams. Join SimpleStudy Ireland and boost your grades today.

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

• 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.

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

• 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

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.

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

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

• 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.

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

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.

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.

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.

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.

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

• 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.

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.

Portfolio highlights

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

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

• Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.

Portfolio highlights

• Liminal — Advanced battery inspection and metrology with ultrasound and machine learning
• 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.
• Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.

Portfolio highlights

• OCEANIUM — OCEANIUM is a world-leading developer of innovative, functional seaweed ingredients to catalyse the seaweed industry for People Health and Ocean Health.
• 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

• Aqualung Carbon Capture — Aqualung Carbon Capture provides industrial scale carbon capture units to speed up decarbonisation and mitigate carbon emissions.

Portfolio highlights

• Strm Music — Strm is an innovative Music Tech company that combines digital distribution, royalty advances, and career management powered by artificial intelligence into a single platform. Monitoring over 8 million artists and 150 million tracks, it provides strategic data and personalized recommendations to accelerate professional growth.With over 50,000users worldwide and more than 1,500 signed artists, Strm is undergoing rapid global expansion, democratizing access to financial solutions and market intelligence that were once exclusive to major labels.By combining cutting-edge technology with a focus on artistic development, Strm is redefining the future of independent music, ensuring that creators have the support they need to reach their full potential.
• OpenAI — Introducing Sora: Creating video from text
• Installer — All-in-one platform for job and installer management.

Portfolio highlights

• WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
• Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
• Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.

Portfolio highlights

• Metanovas Biotech — Metanovas is a metabolic drug developer focused on combining artificial intelligence with life sciences, using deep learning.
• LiNeng Times — LiNeng Times is a technology company that involves in the production, sales & services of the core components of X-ray imaging systems.
• kaye technology — Kaye Technology is a company that provides automation upgrade solutions for beverage equipment.

Portfolio highlights

• Ephos — Designing and manufacturing glass-based integrated photonic circuits that power the most advanced classical and quantum devices
• AtmoCooling — AtmoCooling transforms coastal deserts into thriving hubs of agriculture, clean energy, and climate resilience. It was founded in 2022 and operates in the USA and UAE.
• Terran Robotics — Terran Robotics is a construction company that specializes in AI and robotics. The company's headquarters are in Bloomington, Indiana.

Portfolio highlights

• Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms

Portfolio highlights

• Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms

Portfolio highlights

• Hynion — Hynion is among the world's most experienced operators of hydrogen refueling stations. We have over fifteen years of experience and expertise in the development and operation of hydrogen refueling stations. Our business idea is to make hydrogen gas available by supplying hydrogen refueling stations with safe and proven designs.

Portfolio highlights

• LAIIER — The best LAIIER of defense against liquid leak-driven damage in buildings and industrial equipment.
• Flocean — Flocean delivers subsea pumping systems for providing clean drinking water in the region.
• Aqua Membranes — Aqua Membranes is revolutionizing RO membrane filtration with its unique printed spacer technology. The Polymer is applied directly to the flat sheet membrane to create a customized raised pattern that replaces conventional extruded mesh feed spacers. Unlike traditional membrane spacers that trap particles and biofilm within the spacer mesh andthereby obstruct flow, the printed dimensional spacers optimize flow patterns and turbulence throughout the membrane element, minimizing the entrapment of particulates and organic fouling. Printed spacer technology also increases permeate flow, improves flux and recovery, minimizes system pressure drop, and extends the operational life of a membrane element.Aqua Membranes' unique technology is perfect for spiral-wound membrane manufacturers eager to improve their product performance and whose customers demand more durable, low maintenance elements that can withstand challenging feed streams. Its technology provides a more open design and reduces fouling. Their technology offers a significant reduction in both Capital and Operating Expense in membrane plant operations.

Portfolio highlights

• TGN Energy — Shaping the energy distribution of the future. What We Do We are the natural partner for industrial buildings and developers seeking energy optimized projects. The global production of electricity is becoming more and more sustainable. At TGN we offer innovative and agile energy management systems for commercial real estate, letting

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

• Star Bulk — Star Bulk is a leading global dry bulk shipping company which owns and operates a modern and diverse dry bulk fleet.
• Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech

Portfolio highlights

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

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

• Agrolend — Agrolend was born to revolutionize the agribusiness sector for small and medium size farmers in Brazil, giving them access to sustainable credit that is needed to finance the development of their production and incentivize investment in equipment/technology. We help farmers to increase their productivity and profitability. Using cutting edgetechnology and an innovative credit analysis, Agrolend provides loans without any physical guarantees such as farms or grains. Our target is to avoid the slowness of the traditional banking system as this is a major problem for farmers looking for additional credit.
• Dynelectro — Dynelectro is a green energy technology company that focuses on reducing CO2 emissions by transforming fossil fuels into green fuels.
• 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.