# Bonheur ASA

> Bonheur ASA is a VC fund backing SaaS, Energy and Software. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Total investments: 3
- Last investment: Jan 2023
- Lead investor: 0%
- Last updated: Aug 2026

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

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5.5M–$13M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 33% |
| Energy | 1 | 33% |
| Software | 1 | 33% |
| CleanTech | 1 | 33% |
| Real Estate | 1 | 33% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 67% |
| Pre-Seed | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United Kingdom | 2 | 67% |
| Norway | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| measurable.energy | Machine Learning and hardware platform to eliminate wasted energy and GHG emissions in buildings | $5.5M | Series A | Jan 09, 2023 |  |
| Tepeo | Tepeo is a British clean technology company that has developed a low-cost, easy-to-install low carbon boiler. | $13M | Series A | Dec 14, 2022 |  |
| Celsia | Saas, CleanTech, Software, Information Technology, Technology, RegTech | $2M | Pre-Seed | Sep 27, 2022 |  |

3 of 3 investments shown.

## Co-investors
- [Clean Growth Fund](https://shizune.co/investors/profile/clean-growth-fund) — VC Fund, 2 deals together
- [BGF Ventures](https://shizune.co/investors/profile/bgf-ventures) — VC Fund, 1 deal together
- [DNB Ventures](https://shizune.co/investors/profile/dnb-ventures) — VC Fund, 1 deal together
- [FinStart Nordic](https://shizune.co/investors/profile/finstart-nordic) — VC Fund, 1 deal together
- [MMC Ventures](https://shizune.co/investors/profile/mmc-ventures) — VC Fund, 1 deal together
- [Renewable Environmental Investments](https://shizune.co/investors/profile/renewable-environmental-investments) — VC Fund, 1 deal together

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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## Featured in investor lists
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## FAQ

### What does Bonheur ASA invest in?

Bonheur ASA invests primarily in SaaS, Energy and Software startups, most often at Series A and Pre-Seed stage. Most of the 3 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Bonheur ASA's check size?

Bonheur ASA typically joins rounds of $5.5M–$13M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Bonheur ASA participates in.

### When did Bonheur ASA last invest?

The most recent investment recorded for Bonheur ASA closed in Jan 2023. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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