# Summa Equity

> Summa Equity is a VC fund in Stockholm backing Energy and Software. See 18 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 18
- Last investment: Dec 2025
- Lead investor: 39%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/summa-equity
- Website: http://summaequity.com/
- Facebook: https://www.facebook.com/pg/summaequity/about/?ref=page_internal

Summa Equity is a VC fund in Stockholm focused on Energy and Software. Summa Equity was founded in 2016 by an experienced group of people that have a long track record from investing in successful companies. The group was brought together by a shared view of the world and the economy, and a passion for developing companies that can outperform through providing products and services needed to meet the increasingdemands and complexities our societies face.We are thematically oriented investors with extensive experience from the markets that we focus on. We target proven companies where we see a significant potential to achieve strong growth through investments in technology, development of the organisation, new products and services, consolidation, or through internationalisation of the business. We focus on companies with strong niche positions operating in sectors that benefit from strong underlying megatrends. We are active in assisting our companies in creating strong financial value, whilst acting responsibly and contributing to a broader set of stakeholders.

## Contacts

5 contacts available for Summa Equity. Shizune tracks 12 team members at Summa Equity. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/summa-equity?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series C | $34M–$116M |
| Venture - Series Unknown | $16M–$150M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Energy | 3 | 17% |
| Software | 3 | 17% |
| Information Technology | 2 | 11% |
| Apps | 1 | 6% |
| Fuel | 1 | 6% |

29 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 3 | 17% |
| Venture - Series Unknown | 3 | 17% |
| Series C | 2 | 11% |
| Private Equity | 2 | 11% |
| Series A | 1 | 6% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Norway | 5 | 28% |
| United States | 2 | 11% |
| Sweden | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Birger Steen | Principal | 2 | https://shizune.co/investors/profile/birger-steen |
| Hans Cobben | Principal | 0 | https://shizune.co/investors/profile/hans-cobben |
| Kenneth Braithwaite | Senior Advisor | 5 | https://shizune.co/investors/profile/kenneth-braithwaite |
| Reynir Indahl | Founder and Managing Partner | 1 | https://shizune.co/investors/profile/reynir-indahl |
| Tommi Unkuri | Partner | 0 | https://shizune.co/investors/profile/tommi-unkuri |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. |  |  | Dec 22, 2025 |  |
| EA Technology | EA Technology expertise in providing power engineering solutions. |  | Private Equity | Oct 14, 2024 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. | $34M | Series C | Sep 12, 2024 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. | $116M | Series C | Sep 18, 2023 |  |
| Oda | Oda is an online grocery retailer that provides door-to-door delivery services. It offers a huge range of fresh produce groceries to millions of doorsteps. Using the data-driven methodology, with a focus on sustainability all the way along the chain, the company aims to build an efficient retail system in the world. The company was founded in2013 and is headquartered in Oslo, Norway. | $149.8M | Venture - Series Unknown | Dec 06, 2022 |  |
| Tibber | Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs. | $99.1M | Series C | Mar 10, 2022 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. | $35M | Series B | Dec 13, 2021 |  |
| Nofitech | Nofitech provides design and construction, salmon, land-based fish farming, international experience, oxygenation, construction of concrete tanks, RAS, CO2 aeration, equipment supplier, and design of farms for salmon services. Their concept is based on modules, consisting of four octagonal tanks centered around a shared water treatment unit. |  | Venture - Series Unknown | Jul 05, 2021 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. | $13M |  | Jun 29, 2021 |  |
| ZeroAvia | ZeroAvia provides hydrogen-electric propulsion systems designed to eliminate aviation emissions while maintaining operational efficiency. The company focuses on scalable technologies that can retrofit existing aircraft and support sustainable aviation. By partnering with various stakeholders, ZeroAvia aims to revolutionize the aviation industrywith cleaner, more efficient flight options. | $13M | Series A | Jun 29, 2021 |  |

10 of 18 investments shown.

## Co-investors
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund, 9 deals together
- [Horizons Ventures](https://shizune.co/investors/profile/horizons-ventures) — VC Fund, 8 deals together
- [AP Ventures](https://shizune.co/investors/profile/ap-ventures) — VC Fund, 6 deals together
- [Climate Pledge Fund](https://shizune.co/investors/profile/climate-pledge-fund) — VC Fund, 6 deals together
- [Ecosystem Integrity Fund](https://shizune.co/investors/profile/ecosystem-integrity-fund) — VC Fund, 5 deals together
- [Shell Ventures](https://shizune.co/investors/profile/shell-technology-ventures) — VC Fund, 5 deals together

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## FAQ

### What does Summa Equity invest in?

Summa Equity invests primarily in Energy, Software and Information Technology startups, most often at Funding Round 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 is Summa Equity's check size?

Summa Equity typically joins rounds of $34M–$116M at Series C and $16M–$150M 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 Summa Equity participates in.

### How do I contact Summa Equity?

Public channels for Summa Equity include LinkedIn, the website linked on this profile and Facebook. 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 Summa Equity?

The team at Summa Equity includes Birger Steen (Principal), Hans Cobben (Principal) and Kenneth Braithwaite (Senior Advisor), among 12 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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