# DNV

> DNV is a VC fund in Norway backing SaaS, Solar and Drones. See 6 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Norway, United States
- Total investments: 6
- Last investment: Jan 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/4411
- X (Twitter): https://twitter.com/DNV_Group
- Website: https://www.dnv.com/
- Facebook: https://www.facebook.com/dnvofficial

DNV is a VC fund in Norway focused on SaaS and Solar. DNV is the provider of digital solutions for managing risk and improving safety and asset performance for ships, pipelines, processing plants, offshore structures, electric grids, smart cities and more.

## Contacts

5 contacts available for DNV. Shizune tracks 3 team members at DNV. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/dnv?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.7M–$7M |
| Venture - Series Unknown | $12M–$36M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 17% |
| Solar | 1 | 17% |
| Drones | 1 | 17% |
| Energy | 1 | 17% |
| Hospital | 1 | 17% |

14 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 67% |
| Venture - Series Unknown | 2 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 3 | 50% |
| United States | 2 | 33% |
| Germany | 1 | 17% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jim Paull | Senior Advisor for Distributed Resources | 0 | https://shizune.co/investors/profile/jim-paull |
| Juan Carlos Arévalo | Executive Vice President | 0 | https://shizune.co/investors/profile/juan-carlos-arvalo |
| Tone Lunde Bakker | DNV Counsil, Head of Control Comittee | 0 | https://shizune.co/investors/profile/tone-lunde-bakker |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Recare | Recare rethinks discharge management. Our digital solutions optimize the clinical pathways between hospitals and care providers. The centerpiece is our cloud-based platform. It enables real-time coordination of capacities and secure, privacy-compliant communication. This leaves more time for the really important things: patient care. | $35.9M | Venture - Series Unknown | Jan 29, 2026 |  |
| SplxAI | SplxAI is a cybersecurity company specializing in automated security testing for AI chatbots, ensuring they remain safe from manipulation and data breaches. The platform continuously monitors and tests chatbots for vulnerabilities such as prompt injection, context leakage, social engineering, and other advanced threats. Key features includereal-time detection and mitigation strategies, multimodal pentesting capabilities (covering text, audio, and video), and comprehensive reporting tools that provide actionable insights for improving security. SplxAI's solution integrates seamlessly with existing security frameworks and platforms, making it easy to deploy and manage. By providing robust protection against a wide range of threats, SplxAI helps enterprises safeguard their AI-driven applications, maintain data integrity, and ensure compliance with industry standards. The company is committed to innovation, continuously enhancing its product to address emerging threats in the rapidly evolving AI landscape. SplxAI is trusted by forward-thinking organizations looking to proactively secure their AI assets and protect sensitive information. | $7M | Seed | Mar 26, 2025 |  |
| 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. |  | Seed | Nov 07, 2024 |  |
| Leap | Leap is a marketplace for Distributed Energy Resources to participate in the energy market. It allows every connected device to help balance the grid, and get paid for it and access wholesale markets through a single API and help build the flexible, renewable grid of the future.Leap aims to make global energy markets accessible to anyone,starting with demand response and expanding into generation and ancillary services.Leap was founded by Thomas Folker and Remco Van Den Elzen. | $12M | Venture - Series Unknown | Jul 18, 2023 |  |
| Complai | ComplAI is a compliance platform for business processes. ComplAI works together among several actors (auditors, asset owners, standard owners, consultants, and stakeholders) providing access to compliance records, guidelines, reporting plans, and customizable requirement lists - minimizing supply chain problems and streamlining the auditingprocedure. | $1.7M | Seed | Apr 20, 2023 |  |
| ScoutDI | Scout Drone Inspection is developing an autonomous drone that will provide a complete visual inspection and non-destructive testing (NDT) solution for enclosed and poorly lit environments. | $2.8M | Seed | Mar 27, 2021 |  |

6 of 6 investments shown.

## Co-investors
- [Runtime Ventures](https://shizune.co/investors/profile/runtime-ventures) — VC Fund, 2 deals together
- [CIBC Innovation Banking](https://shizune.co/investors/profile/cibc-innovation-banking) — VC Fund, 1 deal together
- [Congruent Ventures](https://shizune.co/investors/profile/congruent-ventures) — VC Fund, 1 deal together
- [Equinor Ventures](https://shizune.co/investors/profile/equinor-ventures) — VC Fund, 1 deal together
- [Inovo.vc](https://shizune.co/investors/profile/inovo-vc) — VC Fund, 1 deal together
- [LAUNCHub Ventures](https://shizune.co/investors/profile/launchub) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
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- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
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### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Investinor](https://shizune.co/investors/profile/investinor) — VC Fund
- [Skyfall Ventures](https://shizune.co/investors/profile/skyfall-ventures) — VC Fund

## Featured in investor lists
- [Hardware Investors in Norway](https://shizune.co/investors/hardware-investors-norway)
- [Consumer Investors in Norway](https://shizune.co/investors/consumer-investors-norway)
- [Consumer VC Funds in Norway](https://shizune.co/investors/consumer-vc-funds-norway)

## FAQ

### What does DNV invest in?

DNV invests primarily in SaaS, Solar and Drones startups, most often at Seed and Venture - Series Unknown stage. Most of the 6 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is DNV's check size?

DNV typically joins rounds of $1.7M–$7M at Seed and $12M–$36M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds DNV participates in.

### How do I contact DNV?

Public channels for DNV include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at DNV?

The team at DNV includes Jim Paull (Senior Advisor for Distributed Resources), Juan Carlos Arévalo (Executive Vice President) and Tone Lunde Bakker (DNV Counsil, Head of Control Comittee). The Team section lists each member with their title, investment count and links.

### 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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