Momentum
VC Fund
Bergen, Norway
Momentum is a VC fund in Bergen focused on Software and Renewable Energy. 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 companies all 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.
- Total investments:
- 18
- Last investment:
- Lead investor:
- 39%
- Fund size:
- $37M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Momentum invests in
Stages Momentum invests in
Countries Momentum invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Seed
- $401k–$4.2M
- Series A
- $8M–$18M
- Venture - Series Unknown
- $1.2M–$10M
Investment Focus
Industry
- Software 4 (22%)
- Renewable Energy 4 (22%)
- Energy 3 (17%)
- Manufacturing 3 (17%)
- Information Technology 3 (17%)
Stage
- Seed 10 (56%)
- Venture - Series Unknown 4 (22%)
- Series A 3 (17%)
- Pre-Seed 1 (6%)
Country
- Norway 12 (67%)
- Finland 2 (11%)
- United Kingdom 2 (11%)
- The Netherlands 1 (6%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Arve Janbu Fresvik
Managing Partner and co-founder
|
Managing Partner and co-founder | Total investments: 0 | Find email | |
Christian Møgster
Investment Director
|
Investment Director | Total investments: 1 | Find email | |
Hilde Støle Pettersen
Managing Partner
|
Managing Partner | Total investments: 4 | Find email | |
Svein Ove Langeland
Managing Director
|
Managing Director | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Solvera is an AI-native engineering firm on a mission to unleash the potential of every building engineer with AI. It develops advanced proprietary AI systems to help design better buildings, significantly faster, establishing a brand-new standard for MEP engineering. | $6.3M / Pre-Seed / Oct 15, 2026 | ||
| Birdsview is a software development company that provides solutions to assess the condition of the power grid industry. | $3.8M / Venture - Series Unknown / Aug 17, 2026 | ||
| Renticy provides an e-commerce and point-of-sale platform that enables retailers to offer rental and try-before-you-buy options on existing stock. The company supports online and in-store channels through plugins, APIs, and QR-based tools that add rental terms, deposits, and flexible billing into existing checkout flows. Its system managesbookings, customer onboarding, identity checks, fraud screening, payments, deposits, and real-time inventory for short-term and flexible rental models. Renticy offers built-in rental protection that helps merchants handle damage, loss, and non-returns within defined coverage limits. It also supports OWNit, a try-before-you-buy flow where customers trial items before deciding to purchase. The platform is used across categories such as electronics, fashion, musical instruments, and other consumer goods. | $401K / Seed / Jul 29, 2026 | ||
| TheStorage provides sustainable grid-scale energy storage that can discharge heat, steam, or CHP. | $4.2M / Seed / Apr 23, 2026 | ||
| Photoncycle aims to change the way electricity is generated, stored, consumed and paid for. Our mission is to deploy space-effective, autonomous energy systems powered by the sun, enabled by innovative technology, affordable for many. | $17.4M / Series A / Mar 04, 2026 | ||
| Enerin AS focuses on energy tech, reducing costs with heating and cooling systems for industrial use. | $17.6M / Series A / Nov 26, 2025 | ||
| Glint Solar offers a platform that enables users to efficiently identify and evaluate potential solar project sites using satellite data. The software simplifies the site selection process, allowing for quick analysis and preliminary design, fostering collaboration among teams. It integrates various data layers to enhance project feasibilityassessments and streamline workflows across different departments. | $8M / Series A / Nov 07, 2024 | ||
| Inherit Carbon Solutions creates durable nature-friendly carbon removal solutions. | Seed / Jan 22, 2024 | ||
| Gentian Limited is pioneering the next generation of ecological surveys by harnessing the power of AI and remote sensing technologies. Founded in 2020, we are committed to transforming how biodiversity is assessed in both rural and urban environments. Our innovative platform utilizes machine learning and high-resolution satellite imagery to deliverfast, accurate, and cost-effective ecological assessments.Our cutting-edge technology provides precise habitat mapping and biodiversity quantification, aligning with global disclosure metrics. This enables organizations to make informed decisions about environmental conservation and sustainability. Whether it's for environmental compliance, land management, or conservation efforts, Gentian’s solutions offer unparalleled accuracy and efficiency compared to traditional survey methods.With a dedicated team led by CEO and Founder Daniel White, we are on a mission to support a more sustainable future by providing the tools necessary for better understanding and protecting our natural world. We are proud to be at the forefront of ecological innovation, making a real impact on how biodiversity is monitored and preserved.Join us on our journey to revolutionize environmental assessment, and discover how Gentian is setting new standards in ecological technology. | $1.6M / Seed / Dec 15, 2023 | ||
| Remora Robotics is a Norwegian technology firm that specializes on aquaculture robotics. | $2.8M / Seed / Aug 17, 2023 | ||
| See all 18 investments → | |||
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FAQ
What does Momentum invest in?
Momentum invests primarily in Software, Renewable Energy and Energy startups, most often at Seed and Venture - Series Unknown stage. Most of the 18 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What round sizes does Momentum invest in?
Momentum typically joins rounds of $401k–$4.2M at Seed, $8M–$18M at Series A and $1.2M–$10M at Venture - Series Unknown. These are whole funding-round sizes, not Momentum's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Momentum took part in.
How do I contact Momentum?
Public channels for Momentum include LinkedIn 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 Momentum?
The team at Momentum includes Arve Janbu Fresvik (Managing Partner and co-founder), Christian Møgster (Investment Director) and Hilde Støle Pettersen (Managing Partner). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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