# Hafslund Venture

> Hafslund Venture is a VC fund in Oslo backing Solar, Sensor and Software. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Oslo, Norway
- Total investments: 5
- Last investment: Jul 2024
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.hafslund.no/web/aarsrapport/2005/engelsk/4_6.html

Hafslund Venture is a VC fund in Oslo focused on Solar and Sensor. Hafslund Venture is the Group’s investment and development company for targeted areas closely related to Hafslund’s business activities. The investments in Renewable Energy Corporation (REC) contributed significantly to Hafslund’s value growth in 2005.The primary focus of Hafslund Venture is on companies within renewable energy andenergy-related services and technology. Small- and medium-sized companies with good value growth potential are identified – from companies in their early phases, so-called early venture, to more established corporations with commercialized products and services.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Solar | 1 | 20% |
| Sensor | 1 | 20% |
| Software | 1 | 20% |
| Power Grid | 1 | 20% |
| Manufacturing | 1 | 20% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 20% |
| Pre-Seed | 1 | 20% |
| Series B | 1 | 20% |
| Series C | 1 | 20% |
| Venture - Series Unknown | 1 | 20% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 2 | 40% |
| Sweden | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Heimdall Power | Heimdall Power is a technology company specializing in smart grid solutions for the energy sector. They focus on optimizing and digitizing power grid infrastructure to enhance efficiency, reliability, and sustainability. These sensors are installed on power lines to provide real-time data on various parameters, including temperature, load, and linesag. They help in monitoring and managing the grid more effectively. Heimdall Power's mission is to revolutionize the way power grids are managed by providing real-time data and advanced analytics to improve grid performance and facilitate the transition to renewable energy sources. | $25M | Series B | Jul 16, 2024 |  |
| Over Easy Solar | Over Easy Solar was founded in 2021 to develop a patent pending solar module with a groundbreaking design. The product is an excellent fit for green roofs and the most sustainable buildings. The technology also has multiple benefits for the owner of the solar installation through its lifetime. | $870.6K | Seed | Dec 13, 2023 |  |
| Over Easy Solar | Over Easy Solar was founded in 2021 to develop a patent pending solar module with a groundbreaking design. The product is an excellent fit for green roofs and the most sustainable buildings. The technology also has multiple benefits for the owner of the solar installation through its lifetime. | $1.3M | Pre-Seed | Nov 08, 2022 |  |
| Heimdall Power | Heimdall Power is a technology company specializing in smart grid solutions for the energy sector. They focus on optimizing and digitizing power grid infrastructure to enhance efficiency, reliability, and sustainability. These sensors are installed on power lines to provide real-time data on various parameters, including temperature, load, and linesag. They help in monitoring and managing the grid more effectively. Heimdall Power's mission is to revolutionize the way power grids are managed by providing real-time data and advanced analytics to improve grid performance and facilitate the transition to renewable energy sources. | $8.8M | Venture - Series Unknown | Nov 03, 2021 |  |
| GLO | glō is a venture-backed company focused on the development and commercialization of advanced LED display products using nanotechnology. The unique nanotechnology is based on 11 years of research at Lund University’s Nanometer Structure Consortium. Headed by Professor Lars Samuelson, one of the world’s leading scientists in this field, who haspublished more than 500 papers related to this technology.glō's first office is in Lund, Sweden, where basic material research continues for the next generation nanotechnology. glō's research and product development along with pilot fabrication operation is carried out at glō-USA in Sunnyvale, California. In 2016, glō established an Asia office in Taipei, Taiwan, one of the largest and fastest-growing regions for LED lighting and display applications.glō's technology sidesteps the technical limitations of current planar LED technology. It allows for the creation of highly efficient, stable and ultimately unique red, green, blue (RGB) emitters out of one material system. It aims to achieve the industry’s best color stability and ultimately enables the growth of red, green and blue emitters on the same wafer. Highly-efficient white LEDs with high color rendering will be possible without the need for phosphor conversion. It is the next enabling technology for advanced display, illumination and automotive applications.glō nanowire light-emitting diodes (nLEDs) are based on its proprietary hetero-structured semiconductor nanowire epitaxial growth and process technologies for which standard manufacturing equipment and materials can be utilized.glō currently holds over 175 patents across US, Europe and Asia. These patents are not subject to any cross-licensing with the LED oligopoly. The glō team is constantly strengthening its intellectual property position in this technology and related applications. | $16.4M | Series C | Oct 04, 2010 |  |

5 of 5 investments shown.

## Co-investors
- [Eviny Ventures](https://shizune.co/investors/profile/eviny-ventures) — VC Fund, 2 deals together
- [Lyse Group](https://shizune.co/investors/profile/lyse-group) — VC Fund, 2 deals together
- [Stratel](https://shizune.co/investors/profile/stratel) — VC Fund, 2 deals together
- [AURA Energi](https://shizune.co/investors/profile/aura-energi) — VC Fund, 1 deal together
- [Investinor](https://shizune.co/investors/profile/investinor) — VC Fund, 1 deal together
- [Katapult](https://shizune.co/investors/profile/katapult-accelerator) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### 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
- [Energy VC Funds in Norway](https://shizune.co/investors/energy-vc-funds-norway)
- [Sustainability Investors in Norway](https://shizune.co/investors/sustainability-investors-norway)
- [Sustainability VC Funds in Norway](https://shizune.co/investors/sustainability-vc-funds-norway)
- [Impact VC Funds in Norway](https://shizune.co/investors/impact-vc-funds-norway)

## FAQ

### What does Hafslund Venture invest in?

Hafslund Venture invests primarily in Solar, Sensor and Software startups, most often at Seed and Pre-Seed stage. Most of the 5 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Hafslund Venture last invest?

The most recent investment recorded for Hafslund Venture closed in Jul 2024. Shizune tracks 5 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co