# Norsk Hydro

> Norsk Hydro is a VC fund in Oslo backing Energy and Manufacturing. See 13 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Oslo, Norway
- Total investments: 13
- Last investment: Sep 2024
- Lead investor: 38%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/norsk-hydro/
- X (Twitter): http://twitter.com/NorskHydroASA
- Website: http://www.hydro.com/
- Facebook: https://www.facebook.com/norskhydroasa/

Norsk Hydro is a VC fund in Oslo focused on Energy and Manufacturing. Hydro is a global supplier of aluminium and aluminium products. They are the third-largest integrated aluminium supplier in the world.Hydro is a major energy producer. An important reason why they are also a major player in the light metals field.Norsk Hydro is created to contribute to a more viable society. This means that they lead thecreation of conditions that help others develop and progress. The mission implies certain values which govern the behavior, both as individuals and as an organization. Through innovation, they are able to make products that are more resource-efficient and energy-efficient, contributing to global development and to addressing climate change. For example, Hydro has led the development of aluminium precision tubing used in car cooling systems. These improvements mean lighter, more fuel-efficient and comfortable cars. And their success has reduced emissions in vehicles, while creating many jobs in many communities.

## Contacts

5 contacts available for Norsk Hydro. Shizune tracks 9 team members at Norsk Hydro. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/norsk-hydro?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $1.3M–$16M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 4 | 31% |
| Manufacturing | 4 | 31% |
| Renewable Energy | 3 | 23% |
| Solar | 2 | 15% |
| Battery | 2 | 15% |

17 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 4 | 31% |
| Series A | 3 | 23% |
| Venture - Series Unknown | 2 | 15% |
| Private Equity | 1 | 8% |
| Corporate Round | 1 | 8% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 5 | 38% |
| United States | 2 | 15% |
| United Kingdom | 1 | 8% |
| The Netherlands | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Inge K. Hansen | Deputy Chairperson | 0 | https://shizune.co/investors/profile/inge-k-hansen |
| Karl Eichinger | SVP Finance Extruded Solutions | 0 | https://shizune.co/investors/profile/karl-eichinger |
| Kathrine Fog | Vice President Energy Analysis & Policy | 0 | https://shizune.co/investors/profile/kathrine-fog-fog |
| Lars Kolbjørnsen | Vice President - Senior Compliance Officer | 0 | https://shizune.co/investors/profile/lars-kolbjrnsen |
| Oliver Bell | Executive Vice President, Rolled Products | 0 | https://shizune.co/investors/profile/oliver-bell |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Vianode | Vianode is a producer of sustainably engineered battery materials. |  | Secondary Market | Sep 06, 2024 |  |
| E-magy | E-magy is a designer and manufacturer of “nano-sponge” silicon material for advanced lithium-ion batteries. With the material, Li-ion batteries enjoy a 40% capacity increase. E-magy works with partners throughout the global automotive supply chain. The company is located in Broek op Langedijk, The Netherlands. | $16.4M | Series A | Apr 19, 2023 |  |
| Vianode | Vianode is a producer of sustainably engineered battery materials. |  | Venture - Series Unknown | Sep 14, 2022 |  |
| Verdox | Verdox is dedicated to reversing climate change through the development and deployment of advanced technology. The company’s proprietary electro-swing process, developed at MIT, enables carbon dioxide and other acid gases to be captured with up to 80% less energy and 70% less cost than conventional approaches. | $20M | Venture - Series Unknown | Feb 22, 2022 |  |
| Hydrovolt | Hydrovolt develops processes and technology that increase the proportion of materials recovered by recycling, mainly from EV and industrial batteries. |  | Corporate Round | Jun 01, 2020 |  |
| Corvus Energy | Corvus Energy is a manufacturer of Energy Storage Systems (ESS) based on lithium NMC technology |  |  | Nov 28, 2017 |  |
| NorSun | NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers. Annual production capacity at the company's modern production facilities in Ã…rdal, Norway and Vantaa, Finland is expected to exceed 200 MWp by the end of 2009.NorSun's customers are industry leadingmanufacturers of high efficiency solar cells that value quality, innovation and manufacturing excellence. The company is committed to grow economies of scale and deliver technological advances that contribute to an efficient and affordable conversion of sunlight into electricity. | $72.3M | Private Equity | Mar 11, 2009 |  |
| Stingray Geophysical | Stingray Geophysical provides reliable, cost-effective seismic Permanent Reservoir Monitoring (seismic PRM) solutions to the global oil and gas industry, enabling companies to improve their production and increase hydrocarbon reserves while reducing risk and cost. | $1.3M | Series A | Nov 10, 2006 |  |
| NorSun | NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers. Annual production capacity at the company's modern production facilities in Ã…rdal, Norway and Vantaa, Finland is expected to exceed 200 MWp by the end of 2009.NorSun's customers are industry leadingmanufacturers of high efficiency solar cells that value quality, innovation and manufacturing excellence. The company is committed to grow economies of scale and deliver technological advances that contribute to an efficient and affordable conversion of sunlight into electricity. | $23M |  | Nov 09, 2006 |  |
| NorSun | NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers. Annual production capacity at the company's modern production facilities in Ã…rdal, Norway and Vantaa, Finland is expected to exceed 200 MWp by the end of 2009.NorSun's customers are industry leadingmanufacturers of high efficiency solar cells that value quality, innovation and manufacturing excellence. The company is committed to grow economies of scale and deliver technological advances that contribute to an efficient and affordable conversion of sunlight into electricity. | $105.8M | Private Equity | Nov 07, 2006 |  |

10 of 13 investments shown.

## Co-investors
- [Chevron Technology Ventures](https://shizune.co/investors/profile/chevron-technology-ventures) — VC Fund, 2 deals together
- [EV Private Equity](https://shizune.co/investors/profile/energy-ventures) — VC Fund, 2 deals together
- [Altor](https://shizune.co/investors/profile/altor-equity-partners) — VC Fund, 1 deal together
- [Elkem](https://shizune.co/investors/profile/elkem-carbon-china) — VC Fund, 1 deal together
- [Invest-NL](https://shizune.co/investors/profile/invest-nl) — VC Fund, 1 deal together
- [PDENH](https://shizune.co/investors/profile/pdenh) — VC Fund, 1 deal together

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## FAQ

### What does Norsk Hydro invest in?

Norsk Hydro invests primarily in Energy, Manufacturing and Renewable Energy startups, most often at Funding Round and Series A stage. Most of the 13 investments tracked by Shizune back companies in Norway. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Norsk Hydro's check size?

Norsk Hydro typically joins rounds of $1.3M–$16M 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 Norsk Hydro participates in.

### How do I contact Norsk Hydro?

Public channels for Norsk Hydro 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 Norsk Hydro?

The team at Norsk Hydro includes Inge K. Hansen (Deputy Chairperson), Karl Eichinger (SVP Finance Extruded Solutions) and Kathrine Fog (Vice President Energy Analysis & Policy), among 9 team members tracked by Shizune. 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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