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Top 50 Renewable Energy Startup Investors in Norway (August 2026)

The most active venture capital funds and angel investors investing in Norway Renewable Energy startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Renewable Energy startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Antler
VC Fund
7 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Momentum
VC Fund
4 Norway, Finland, United Kingdom Seed, Series A Renewable Energy, Energy, Manufacturing $401k–$18M
Speedinvest
VC Fund
4 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $713k–$33M
Voyagers
VC Fund
3 Germany, United Kingdom, The Netherlands Seed, Pre-Seed, Convertible Note Manufacturing, Software, Renewable Energy $1M–$6.4M
Singularity
VC Fund
3 Norway, Sweden, United States Pre-Seed, Convertible Note SaaS, Music, Solar $220k–$1.5M
Chris Murphy
Angel
3 United States, United Kingdom, Germany Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $450k–$35M
ProVenture
VC Fund
2 Norway, United States, India Seed, Series A Software, Oil and Gas, Information Technology $744k–$5.6M
Sondo Capital
VC Fund
2 Norway, United States, Denmark Seed, Pre-Seed, Series A Software, Analytics, Real Time $600k–$16M
Valinor AS
VC Fund
2 Norway, United Kingdom Seed, Series A Energy, Robotics, Software $1.8M–$3.1M
Lifeline Ventures
VC Fund
2 Finland, United States, United Kingdom Seed, Series A Software, Health Care, Artificial Intelligence $549k–$20M
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
Statkraft Ventures
VC Fund
2 Norway, France, Germany Series B, Series A, Seed Energy, Renewable Energy, Big Data $1.9M–$115M
Bentley iTwin Ventures
VC Fund
2 United States, Canada, Norway Seed, Series A Software, SaaS, Artificial Intelligence $1.2M–$18M
Link Venture Capital
VC Fund
2 Norway, United Kingdom, The Netherlands Pre-Seed, Seed, Venture - Series Unknown Renewable Energy, Marine Technology, SaaS $400k–$4.3M
Eviny Ventures
VC Fund
2 Norway, Sweden, Finland Seed, Venture - Series Unknown, Series A Software, Energy Storage, Renewable Energy $2.2M–$17M
Murshid M. Ali
Angel
2 Norway, Sweden, Denmark Pre-Seed, Seed, Series A Financial Services, SaaS, Solar $300k–$1.5M
SINTEF Venture AS
VC Fund
2 Norway, United States, United Kingdom Seed, Venture - Series Unknown Manufacturing, Information Technology, Software $160k–$17M
NATO Innovation Fund
VC Fund
1 United Kingdom, Germany, Norway Seed, Series A Manufacturing, Robotics, Aerospace
AVG Group
VC Fund
1 Norway, Hong Kong Seed, Post-IPO Equity Genetics, Wellness, Electronics
Johan Brand
Angel
1 Norway, United States, United Kingdom Seed, Series A EdTech, Education, Software $1M–$3.5M
Skyfall Ventures
VC Fund
1 Norway, Denmark, United States Seed, Pre-Seed Software, Artificial Intelligence, Information Technology $350k–$6.1M
Shell Ventures
VC Fund
1 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $2.8M–$126M
Family Office
Angel
1 Canada, Norway, Germany Pre-Seed, Seed Internet, Music, Energy $239k–$450k
547 Energy
VC Fund
1 Norway, Ireland Seed, Private Equity Renewable Energy, Solar, Energy
Futurum Capital
VC Fund
1 Brazil, Norway, United States Seed, Venture - Series Unknown Art, Software, Analytics $350k–$6.6B
PT1
VC Fund
1 Germany, United Kingdom, Switzerland Seed, Series A, Pre-Seed Software, Real Estate, Information Technology $1.1M–$18M
MKS PAMP
VC Fund
1 Norway, United Kingdom Seed Energy, Mining, Recycling
Golar LNG Partners
VC Fund
1 Norway Energy, Industrial, Renewable Energy
RunwayFBU
VC Fund
1 Norway, Italy, Sweden Pre-Seed, Seed SaaS, Software, Information Technology $538k–$6.2M
EV Private Equity
VC Fund
1 United States, Norway, United Kingdom Pre-Seed, Series A Oil and Gas, Energy, Software $450k–$8.5M
ETF Partners
VC Fund
1 United Kingdom, France, Germany Series A, Series B Software, Renewable Energy, Information Technology $3.9M–$33M
Andreas Helbig
Angel
1 Denmark, Germany, United States Seed, Series A, Series B Artificial Intelligence, Software, SaaS $3.2M–$30M
Unpopular Ventures
VC Fund
1 United States, Mexico, India Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $500k–$34M
Acurio Ventures
VC Fund
1 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Artificial Intelligence $1.2M–$50M
Trond Riiber Knudsen
Angel
1 Norway, United States, Kenya Seed, Pre-Seed, Angel Software, SaaS, Machine Learning $300k–$3.5M
Grieg Kapital
VC Fund
1 Norway Venture - Series Unknown, Seed Software, SaaS, Robotics $4.2M–$10M
Smedvig Ventures
VC Fund
1 United Kingdom, Sweden, United States Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $1.5M–$30M
David Rowan
Angel
1 United Kingdom, Croatia, Germany Seed, Pre-Seed Software, Machine Learning, Artificial Intelligence $486k–$5.5M
Standard Lithium
VC Fund
1 Norway Energy, Industrial, Renewable Energy
KLP Liv
VC Fund
1 Norway Solar, Energy, CleanTech
Agder Energi Venture
VC Fund
1 Norway Solar, Energy, Battery
Brighteye Ventures
VC Fund
1 United Kingdom, France, Spain Seed, Series A, Pre-Seed Education, Software, E-Learning $549k–$20M
Aidiom
VC Fund
1 Norway, Czech Republic, The Netherlands Seed, Pre-Seed, Series A Software, Solar, Industrial $590k–$1.1M
New Age Ventures
VC Fund
1 United States, Canada, Israel Seed, Pre-Seed, Series A Health Care, Medical, Medical Device $50k–$10M
Hillhouse Ventures
VC Fund
1 China, Singapore, Norway Series A, Series B, Seed Manufacturing, Biotechnology, Health Care $10M–$120M
Futurum Ventures
VC Fund
1 Norway Series A Payments, Software, Renewable Energy $4.3M–$8M
Momentum Partners
VC Fund
1 Norway Seed, Series B Solar, AgTech, Energy
Unruly Capital
VC Fund
1 United Kingdom, United States, Germany Seed, Pre-Seed, Venture - Series Unknown Biotechnology, Artificial Intelligence, CleanTech $908k–$55M
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
We Are Human
VC Fund
1 Norway, Sweden Seed, Angel, Convertible Note Software, Education, iOS
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Antler
VC Fund · Singapore, Central Region, Singapore · 7 investments in Norway Renewable Energy startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2215
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • iiba — Iiba is a geospatial platform that specializes in providing location information related to child-rearing.
  • Two — Buy Now, Pay Later for your business customers. Two makes it easy and safe to offer invoice as a payment method on your e-commerce site.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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Momentum
VC Fund · Bergen, Hordaland, Norway · 4 investments in Norway Renewable Energy startups

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 companiesall 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.

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Investment focus

  • Industry: Renewable Energy, Energy, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, Finland, United Kingdom

Investor stats

  • Total investments: 16
  • Round size: Seed $401k–$4.2M; Series A $8M–$18M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • TheStorage — Flexible industrial heat electrification and scalable energy storage. TheStorage offers cost efficient, sustainable grid scale energy storage that can discharge heat, steam or CHP.
  • Photoncycle — The year-round solar energy system for heating and electricity
  • RENTICY LIMITED — 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.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Norway Renewable Energy startups

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more. From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster. Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together. Big ideas may start with one. But scaling and winning take The Power of More.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, Austria

Investor stats

  • Total investments: 603
  • Round size: Seed $1M–$8M; Pre-Seed $713k–$3.8M; Series A $4.1M–$33M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Findery — Find and leave notes anywhere in the world, discover local knowledge, hidden secrets, and exciting stories. Share your travel knowledge, geoblog, or local news!
  • Facility — Flexkeeping is a Hotel Operations Platform designed to help teams automate and collaborate like never before.
  • Polaron — Material Design. Supercharged with AI.
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Voyagers
VC Fund · London, England, United Kingdom · 3 investments in Norway Renewable Energy startups

VOYAGERS organises by-invitation adventures designed to build close connections between exceptional people, with the goal of accelerating positive impact. Relationships deepen through our regular video calls, group chats and in-person dinner salons.

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Investment focus

  • Industry: Manufacturing, Software, Renewable Energy
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Germany, United Kingdom, The Netherlands

Investor stats

  • Total investments: 25
  • Round size: Seed $2.3M–$6.4M; Pre-Seed $1M–$2.5M; Convertible Note $3.5M–$5M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Ecair — Ecair provides software for indoor air quality and energy management. The platform aggregates data from connected sensors to track pollutants, CO2, humidity, temperature, and particulate matter in real time. Dashboards, alerts, and APIs support building operations, facility managers, and ESG teams. Algorithms estimate exposure, flag ventilationissues, and suggest HVAC adjustments to balance comfort, health, and energy use. Reporting tools support certifications and compliance, and data exports integrate with BMS, CMMS, and data warehouses. Services include device provisioning, calibration management, and analytics consulting for multi-site portfolios.
  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
  • Crosstown H2R — Industrial-grade hydrogen burner technology for decarbonisation. 95% emission reduction, retrofittable design, sub-15ppm NOx compliance.
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Singularity
VC Fund · 3 investments in Norway Renewable Energy startups

Luxembourg-based family office

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Investment focus

  • Industry: SaaS, Music, Solar
  • Stage:Pre-Seed, Convertible Note
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $220k–$1.5M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • Baase AB — Baase AB is a banking-as-a-service provider linking Banks and Brands together. Baase empower brands with financial services and connect banks with new customers.
  • Museverse — Museverse is an immersive XR platform that transforms music education and creativity with interactive AI-driven experiences.
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Chris Murphy
Angel · Stockholm, Stockholms Lan, Sweden · 3 investments in Norway Renewable Energy startups

Chris Murphy is a Venture Partner at MS&AD Ventures. He previously cofounded SaaStock and was an early Web Summit employee.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 65
  • Round size: Seed $1.8M–$10M; Pre-Seed $450k–$3.4M; Series A $7.5M–$35M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jack & Jill AI — Jack helps candidates find the perfect job and Jill helps companies find the perfect candidate.
  • SimpleStudy — Learn smarter with revision notes, past papers, quizzes, and expert tools for major Irish academic exams. Join SimpleStudy Ireland and boost your grades today.
  • Jentic — The sovereign operating layer for enterprise AI agents. Connect agents to any API with scoped access, runtime credential injection, and full audit. Open, self-hosted, no lock-in.
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ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway · 2 investments in Norway Renewable Energy startups

ProVenture invest in young digital technology startups in Norway. ProVenture have three seed funds and more than a billion NOK under management. ProVenture is a member of Norwegian Venture Association (NVCA).

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Investment focus

  • Industry: Software, Oil and Gas, Information Technology
  • Stage:Seed, Series A
  • Geography: Norway, United States, India

Investor stats

  • Total investments: 40
  • Round size: Seed $744k–$3.7M; Series A $4.9M–$5.6M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • InfoTiles — InfoTiles provides real-time analytics solutions for Digital Water that span the water value chain, from supply & consumption to wastewater treatment and surveillance of waterways. InfoTiles unlocks data-driven planning, operations and maintenance.InfoTiles simplifies and automates the tedious steps of consolidating data, applying real-timeanalytics and machine learning so water utilities can turn insights into actions and benefit from more efficient, sustainable operations.
  • The Human Touch Robotics — Introducing robotics with the lightness of the human touch in realms once thought impossible.
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Sondo Capital
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Renewable Energy startups

Investing 2 - 6 MNOK in pre-seed and seed stage teams with a link to Norway

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Investment focus

  • Industry: Software, Analytics, Real Time
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, United States, Denmark

Investor stats

  • Total investments: 19
  • Round size: Seed $2.1M–$5.1M; Pre-Seed $600k–$2M; Series A $11M–$16M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Mimir — Mimir is designed around one goal: eliminate manual customer service work. By integrating with your complete ecom stack, Mimir resolves even the most complex inquiries you spend hours per week on, today.
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
  • Fronted — Fronted is a company that specialises in helping organisations scale by giving access to global talent in software development and related services.
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Valinor AS
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway Renewable Energy startups

Established in 1996 as Norsk Vind AS, re-branded Valinor AS in 2019, the company is a family owned investment firm that holds controlling interest in Norsk Vind Energi AS, Norway's largest private wind company. The company re-invests 90% of its profits into clean tech and renewable energy companies worldwide. Its largest investments includeglobal leader in electricity infrastructure Zaptec, and solar energy developer Norsk Solar AS.

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Investment focus

  • Industry: Energy, Robotics, Software
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$3.1M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Aivero — Orvue is launching the world's first single-use, robot-assisted laparoscope. Surgeon-controlled camera with robotic precision for enhanced surgical efficiency.
  • Heaten — HeatBooster - Patented high-temperature heat pump technology reducing the reliance on fossil fuels by creating reusable energy.
  • Sensonomic — Sensonomic helps you improve your land-based decisions by building digital versions of your operations. Test the outcome of your decisions before implementation.
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Norway Renewable Energy startups

Lifeline Ventures Oy is a venture capital firm specializing in startups, growth capital, and early stage investments. The firm seeks to invest in healthcare, games, web based and general high technology sectors. It seeks to invest in Finland with a few investments made outside Finland as well. The firm targets investing between €0.5 million ($0.66million) and €1 million ($1.32 million). It seeks make inception to Series A investments. Lifeline Ventures Oy was founded in November 2009 and is based in Helsinki, Finland.

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Investment focus

  • Industry: Software, Health Care, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 196
  • Round size: Seed $549k–$5.4M; Series A $2.8M–$20M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $171M in 2023

Portfolio highlights

  • Thor Dynamics — Directed Energy Systems for Counter-Drone Defense
  • Everywear Games — Metacore is a wearable game studio. The company was founded in 2014 by industry veterans from Remedy, Digital Chocolate and Rovio and it is the pioneer of smartwatch gaming. It’s award-winning Apple Watch launch title, Runeblade, has received worldwide recognition from press, fans and industry heavyweights and it’s games are consistently on top ofglobal charts.
  • Hyperion Robotics — We are accelerating the transition to sustainable and automated construction with Concrete 3D Printing.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Norway Renewable Energy startups

Luminar is one of the most active seed investors in the Nordics, providing experienced seed financing and active operational support.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 67
  • Round size: Seed $960k–$5.4M; Series A $8.3M–$21M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FirstQFM — FirstQFM is a Stockholm-based quantum technology company building proprietary foundation models for quantum computing.
  • Fika Jobs — Stand out from the crowd. Find your perfect job.
  • Ivy Interactive — Frictionless Coding with AI
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Statkraft Ventures
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 2 investments in Norway Renewable Energy startups

Statkraft Ventures is a long-term partner for entrepreneurs disrupting the energy sector.

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Investment focus

  • Industry: Energy, Renewable Energy, Big Data
  • Stage:Series B, Series A, Seed
  • Geography: Norway, France, Germany

Investor stats

  • Total investments: 50
  • Round size: Seed $1.9M–$4.7M; Series A $3.2M–$17M; Series B $8.5M–$115M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • DEPsys — Our advanced smart grid solutions and insights empower electricity DSOs and simplify their journeys through the energy transition.
  • Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
  • Electra.aero — Electra is a next-gen aerospace company devoted to sustainable urban & regional air mobility led by industry pioneer Dr. John Langford.
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Bentley iTwin Ventures
VC Fund · Exton, Pennsylvania, United States · 2 investments in Norway Renewable Energy startups

The Bentley iTwin Ventures is a $100 million corporate venture capital fund that fosters innovation by co-investing in startups and emerging companies that are strategically relevant to Bentley Systems’ objective of advancing infrastructure through going digital. The fund prioritizes seed to series B investments in transformational digital twinsolutions supporting the design, simulation, construction, or physical infrastructure operations.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: United States, Canada, Norway

Investor stats

  • Total investments: 16
  • Round size: Seed $1.2M–$5.2M; Series A $14M–$18M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • AERO AI — Transform geospatial data into immersive 3D experiences with AERO AI's SiEGA platform. Explore drone imagery, BIM models, LiDAR, and GIS data in a unified environment.
  • SurplusMap — SurplusMap gives charge point operators, retailers, and investors EV charging market intelligence across Europe, including utilization data, demand forecasting, and site scoring to make better network decisions.
  • Overstory — Overstory combines AI and advanced satellite imagery to help electric utilities pinpoint and prioritize vegetation risks before they materialize. With Overstory's vegetation intelligence, transmission and distribution operators can make smarter decisions about the vegetation around their power corridors, optimizing resources and improvingoperational efficiency. This helps prevent outages, reduce wildfire risks, and accelerate the transition to a safer, more resilient grid.
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Eviny Ventures
VC Fund · Bergen, Hordaland, Norway · 2 investments in Norway Renewable Energy startups

Eviny Ventures is the venture fund of the Eviny Group, which invests in start-up and growth companies that think new and have the potential to play a key role in the renewable society of the future.

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Investment focus

  • Industry: Software, Energy Storage, Renewable Energy
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Norway, Sweden, Finland

Investor stats

  • Total investments: 12
  • Round size: Seed $2.2M–$5.8M; Venture - Series Unknown $7.5M–$17M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Engrate — Engrate is the AI-native energy connectivity platform that integrates trading markets, grid systems, and energy data. We eliminate 90% of integration development time, letting you focus on building core value instead of connectivity.
  • Skyfora — Skyfora delivers sub-kilometer insights, nowcasts, and probabilistic forecasts so your teams can plan with confidence, no matter the weather.
  • Photoncycle — The year-round solar energy system for heating and electricity
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Murshid M. Ali
Angel · London, England, United Kingdom · 2 investments in Norway Renewable Energy startups

Dr. Murshid M. Ali an award-winning technology entrepreneur and investor. He holds a Phd in Economics from the University of Stavanger, and a masters degree in International Business from Grenoble Ecole de Management. He is the former Founder CEO of Huddlestock (OSE:HUDL), and co-founder of climate technology companies Norsk Solar (OSE:NSOL), andventure-backed Skyfri Group.

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Investment focus

  • Industry: Financial Services, SaaS, Solar
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Norway, Sweden, Denmark

Investor stats

  • Total investments: 12
  • Round size: Seed $600k–$1.1M; Pre-Seed $300k–$1.5M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Monetor — Reducing corporate currency risk and protecting the bottom line
  • Factiverse — AI-powered fact-checking solutions tailored to media and finance that accelerate research, access credible sources, and protect organizational reputations.
  • Huddlestock — Huddlestock is an award-winning Fintech company listed on the Oslo Stock Exchange (OSE:HUDL), and regulated as a financial services firm by BaFIN through its fully-owned German subsidiary Huddlestock Systems GmbH. The company has offices in Copenhagen, Oslo, Stockholm, Munich, Stavanger and Kuala Lumpur. Huddlestock has more than thirty employees,and provides cutting edge technology and products to the financial industry, with large industrial clients like BNP Paribas, Baader Bank, AVL Group and more. In 2021 Huddlestock will launch a B2C platform in Malaysia in collaboration with MHX Group, under its own brand. The company is a spin-off from the University of Stavanger, one of the largest Universities in Norway.
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SINTEF Venture AS
VC Fund · Trondheim, Sor-Trondelag, Norway · 2 investments in Norway Renewable Energy startups

We commercialize technology created by SINTEF's research environments

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Investment focus

  • Industry: Manufacturing, Information Technology, Software
  • Stage:Seed, Venture - Series Unknown
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 34
  • Round size: Seed $160k–$6.2M; Venture - Series Unknown $1.6M–$17M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2018

Portfolio highlights

  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • Hystar — Hystar develops polymer electrolyte membrane electrolyzers designed for large-scale green hydrogen production. Founded in 2020, Hystar's technology uses a unique cell design and process architecture that provides the ability to reduce electricity consumption and increase hydrogen output, enabling professionals to tackle various criticalenergy challenges and having the potential to reduce greenhouse gas emissions.
  • Hydrogen Mem-Tech — Hydrogen Mem-Tech aim is to make the green shift happen through our state-of-the-art hydrogen separation technology with carbon capture.
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NATO Innovation Fund
VC Fund · 1 investments in Norway Renewable Energy startups

The NATO Innovation Fund (NIF) was created to supercharge the Alliance’s unique innovation ecosystems. Allied talent and research in Science, Technology, Engineering, and Mathematics (STEM) are world-leading, but the market to support deep tech innovation is underfunded. With the NIF, the fund is creating a commercialization machine in both theprivate and public sectors, backing innovators to secure the future for the Alliance's 1 billion citizens.

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Investment focus

  • Industry: Manufacturing, Robotics, Aerospace
  • Stage:Seed, Series A
  • Geography: United Kingdom, Germany, Norway

Investor stats

  • Total investments: 15
  • Lead/follow: no public data

Portfolio highlights

  • TEKEVER — The Tekever Group is a provider of innovative technologies in Software, Aerospace, Defence and Security Markets.
  • STARK — STARK is a technology-driven defence company with the mission to deliver the systems that Europe and NATO need now.
  • Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations
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AVG Group
VC Fund · Lenzingerberg, Bayern, Germany · 1 investments in Norway Renewable Energy startups

Welcome to Greenlight Group - where renewable energy meets green investing solutions. Renewable Energy Solutions, green investing, wind energy,solar energy

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Investment focus

  • Industry: Genetics, Wellness, Electronics
  • Stage:Seed, Post-IPO Equity
  • Geography: Norway, Hong Kong

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Prenetics — CircleDNA is an at-home, non-invasive DNA test providing health insights across 500+ reports based on your unique genetic blueprint.
  • TGN Energy — Shaping the energy distribution of the future. What We Do We are the natural partner for industrial buildings and developers seeking energy optimized projects. The global production of electricity is becoming more and more sustainable. At TGN we offer innovative and agile energy management systems for commercial real estate, letting
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Johan Brand
Angel · Oslo, Oslo, Norway · 1 investments in Norway Renewable Energy startups

Johan is co-founder of Kahoot!, an educational gaming platform with millions of users world wide. Johan has over a decade's experience merging creativity, innovation and technology. Johan's work has included high profile projects for brands including Mercedes, BBC, HP, and Unilever, as well as startups in London and abroad. In 2010 heset up what has become We Are Human, a lean co-creative company, with global impact. In addition to working with some of the world's most recognised brands, We Are Human also incubates and develops its own IP, including the innovative EdTech platform Kahoot! Johan is regular facilitator, speaker and lecturer at universities and events. These include SXSW, OECD, Design Week, UCL and UiO. Johan is a Fellow of the Royal Society of Arts (RSA).

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Investment focus

  • Industry: EdTech, Education, Software
  • Stage:Seed, Series A
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $1M–$3.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Poio — Poio is a EdTech-startup with a grand vision to change how children are introduced to written language. Our goal is that no children should struggle to learn reading. To make this happen we invent playful digital environments where children can teach themselves. We launched our first reading game in June which went straight to #1 in the NorwegianApp Store and we are receiving raving reviews from users and journalists.
  • Metric — Metric develops AI-driven tools for automating digital advertising. Its platform, which primarily serves Shopify-powered e-commerce companies, is made to handle campaign creation, budget distribution, and performance optimization across Meta and Google.
  • WeWillWrite — The social writing platform that sparks creativity and ignites the urge to write
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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Renewable Energy startups

We are an early stage venture capital firm based in Oslo, Norway.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Denmark, United States

Investor stats

  • Total investments: 64
  • Round size: Seed $1.2M–$6.1M; Pre-Seed $350k–$3.3M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • CYBRET AI — The New Era of Autonomous Cybersecurity
  • Outshifter — Outshifter is the API for product data access. Give or get access to product data, and manage it all in one universal format.
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 1 investments in Norway Renewable Energy startups

Shell Ventures invests in companies to speed up development and deployment of new technologies which complement our business.

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Investment focus

  • Industry: Energy, Renewable Energy, Software
  • Stage:Series A, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 166
  • Round size: Series A $6M–$31M; Series B $2.8M–$126M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • 2-B Energy — The perfect wind turbine for offshore floaters or floating platforms
  • Orb Energy — Orb Energy is a vertically integrated solar company that manufactures solar panels, design, install, and services complete system, and finance C&I customers.
  • Airborne Oil & Gas — Airborne Oil & Gas (AOG) has developed a range of Thermoplastic Composite Pipe (TCP) products that offer unique benefits for offshore oil & gas operations. The thermoplastic composite pipes are corrosion-free, lightweight and spoolable, and can be deployed in the most demanding offshore and subsea applications. These intrinsic propertiesenable a step-change in offshore and subsea operations, with a 30 – 50% capex saving, and even higher opex savings. \r\n\r\nThe pipes are non-metallic, which eliminates the need for expensive corrosion prevention and inspection measures. This enhances reliability and safety while significantly reducing operational expenditure, particularly for Flowlines. The spoolable composite pipes can be installed significantly faster and with simpler vessels than traditional steel-based pipes. \r\n\r\nThe AOG headquarter and manufacturing facility is based in IJmuiden (Port of Amsterdam), the Netherlands and has regional sales offices in major oil & gas hubs in Asia and the US. AOG has 90 employees.
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Family Office
Angel · 1 investments in Norway Renewable Energy startups

Family Office

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Investment focus

  • Industry: Internet, Music, Energy
  • Stage:Pre-Seed, Seed
  • Geography: Canada, Norway, Germany

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $239k–$450k
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • FanSaves — FanSaves is a digital platform that is revolutionizing the world of sponsorship and membership by giving fans a way to engage with and support brands that support their favourite sports teams, schools, events, membership organizations, media and more. The couponing and loyalty platform offers fans discounts, deals and promotions from sponsors andmembers while tracking important customer data and ROI for both businesses and the organization they are affiliated with.
  • Wavv — Wavv delivers studio quality AI music, for brands, creators, and innovators
  • dehouse.ai — DeHouse.AI operates a decentralized platform enabling creators and fans to develop, own, and monetize AI companions, referred to as "AI Twins," and characters within a Web3 ecosystem. The platform allows users to create hyper-personalized AI agents using a no-code builder, facilitating interactions through voice, image, and text. These AIagents can engage in activities such as storytelling, roleplay, and content creation across various digital platforms, offering creators opportunities to earn cryptocurrency. It also provides a multi-modal API for developers to integrate AI-driven experiences into their applications. The platform emphasizes community involvement, offering features like on-chain proof of human interaction, social competitions, and live events. Additionally, it supports the protection of intellectual property through verified AI Twin creators and tokenized ownership models.
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547 Energy
VC Fund · Houston, Texas, United States · 1 investments in Norway Renewable Energy startups

547 Energy invests in & partners with companies in cleantech, renewable power, energy efficiency, grid resilience & the digitalization of the energy sector.

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Investment focus

  • Industry: Renewable Energy, Solar, Energy
  • Stage:Seed, Private Equity
  • Geography: Norway, Ireland

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Aer Soleir — Aer Soleir develops, constructs, and operates a multi-gigawatt portfolio of onshore wind, solar and energy storage projects.
  • Glint Solar — Enabling developers to identify and analyze the best solar sites
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Futurum Capital
VC Fund · São Paulo, Sao Paulo, Brazil · 1 investments in Norway Renewable Energy startups

Futurum Capital presents a hands on model, operating from the initial stage of development of startups, going through the acceleration in the angel and seed stages to the A series. More than capital injection, as is the traditional model of venture capital, Futurum Capital is dedicated to operation and business development, offering a completeoperational structure of technology, growth, product design, business strategy, commercial agreements, financial intelligence, ecosystem of platforms and services, in addition to a shared space where entrepreneurs have access to a number of facilities - such as studios for content production, auditorium, among others.Let´s shape the Future!

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Investment focus

  • Industry: Art, Software, Analytics
  • Stage:Seed, Venture - Series Unknown
  • Geography: Brazil, Norway, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $350k–$4M; Venture - Series Unknown $564k–$6.6B
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Strm Music — AI-powered platform that boosts music careers. Smart distribution, promotion, and analytics for independent artists and labels.
  • OpenAI — Introducing Sora: Creating video from text
  • Installer — The only installation management platform yo'll ever need. Access a network of professional installer companies across categories.
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PT1
VC Fund · Berlin, Berlin, Germany · 1 investments in Norway Renewable Energy startups

PropTech1 Ventures - the leading independent venture capital fund focused on PropTech and ConstructionTech in Europe

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Investment focus

  • Industry: Software, Real Estate, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, Switzerland

Investor stats

  • Total investments: 44
  • Round size: Seed $2.6M–$7.4M; Pre-Seed $1.1M–$2.4M; Series A $2.1M–$18M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $48M in 2022

Portfolio highlights

  • ScyAI — Risk intelligence that thinks with you.
  • Arctis AI — AI-powered bid leveling, bid comparison, and risk analysis for construction procurement. Automated bid tabulation, deviation detection, and award memos for general contractors, owners, and procurement teams.
  • Architrave — From Life-Cycle Data Room to platform. Architrave redefines real estate asset management for fast digital document access adding value every step of the asset life cycle.
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MKS PAMP
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Norway Renewable Energy startups

MKS PAMP specializes in all aspects of the precious metals industry. It offers a full range of precious metals products for every segment of the market, with particular emphasis on investment, jewelry, and industrial applications. They provide global clients with the comprehensive service solutions available, from mining financing and refining tofabrication, physical and financial trading, as well as transport and storage options.

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Investment focus

  • Industry: Energy, Mining, Recycling
  • Stage:Seed
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Seloxium — Seloxium is a University of Oxford spin-out company, which obtains high-purity metals from their wastewater and removes the toxic ones.
  • Aqualung Carbon Capture — Enabling clean carbon capture for the wider market
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Golar LNG Partners
VC Fund · Hamilton, Hamilton, Bermuda · 1 investments in Norway Renewable Energy startups

Golar LNG Partners owns floating storage and regasification units and liquefied natural gas carriers. Golar LNG Partners are a growth-oriented limited partnership formed by Golar LNG Limited (NasdaqGS: GLNG; OSE: GOL) to own and operate floating storage and regasification units (or FSRUs) and LNG carriers under long-term charters, which they defineas charters of five years or more. They intend to leverage the relationships, expertise, and reputation of Golar, a leading independent owner, and operator of FSRUs and LNG carriers, to pursue growth opportunities in these areas. While they intend to operate their assets under long-term charters with stable cash flows, Golar intends to focus primarily on FSRU and LNG project development, LNG trading and LNG transportation, storage, and regasification activities with contract terms and associated cash flows that are more short-term and/or variable in nature.

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Investment focus

  • Industry: Energy, Industrial, Renewable Energy
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aqualung Carbon Capture — Enabling clean carbon capture for the wider market
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RunwayFBU
VC Fund · Fornebu, Akershus, Norway · 1 investments in Norway Renewable Energy startups

RunwayFBU connects founders, industry, and capital to turn hard industrial problems into scalable companies.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Pre-Seed, Seed
  • Geography: Norway, Italy, Sweden

Investor stats

  • Total investments: 28
  • Round size: Seed $970k–$6.2M; Pre-Seed $538k–$2M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $33M in 2021

Portfolio highlights

  • OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
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EV Private Equity
VC Fund · Stavanger, Rogaland, Norway · 1 investments in Norway Renewable Energy startups

Committed to building world-class companies.

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Investment focus

  • Industry: Oil and Gas, Energy, Software
  • Stage:Pre-Seed, Series A
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Pre-Seed $450k–$700k; Series A $1.3M–$8.5M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Autobon AI — Autobon is pioneering DeliveryOS - a fully automated freight shipping platform for those who ship, manage, or transport high-value products. Autobon (Techstars ’18) is empowering America's truck drivers and fleets to participate in the autonomous future. They focus on upgrading (and leveraging) as many existing semi-trucks into safer, smarter,and more automated vehicles through our low-cost autopilot platform that enables self-driving and advanced logistics features.
  • Noova Energy Systems — Noova is a energy technology company that has been enabling thousands of businesses to become more efficient, sustainable, and profitable. On average, our customers reduce their energy consumption by 12.68%, with some achieving reductions of up to 55%.By employing advanced technology to monitor, analyze, and identify unnecessary energyconsumption, businesses are empowered to make more informed investment choices. Because when you know more, you can use less.
  • SecondKeys — SecondKeys offers a user-friendly online property management platform that redefines property maintenance and management. Sign up today for a free demo.
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ETF Partners
VC Fund · London, England, United Kingdom · 1 investments in Norway Renewable Energy startups

ETF Partners supports talented entrepreneurs and management teams with investment capital and experience. Its funds come from institutional investors, global corporations, and family offices. The firm creates value by investing in and supporting great European companies that deliver Sustainability Through Innovation.

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Investment focus

  • Industry: Software, Renewable Energy, Information Technology
  • Stage:Series A, Series B
  • Geography: United Kingdom, France, Germany

Investor stats

  • Total investments: 96
  • Round size: Series A $3.9M–$16M; Series B $5.9M–$33M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $303M in 2024

Portfolio highlights

  • QuantWare — QuantWare designs, develops and fabricates state-of-the-art superconducting Quantum Hardware with excellent specs, and good service.
  • Modo Energy — Energy market data, benchmarking, and projections. All in one place and backed by Modo Energy insights.
  • Dexter Energy Services — Dexter helps asset-backed renewable traders maximize profits through accurate forecasts and price insights, day-ahead to real time.
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Andreas Helbig
Angel · Berlin, Berlin, Germany · 1 investments in Norway Renewable Energy startups

Andreas is Investment Manager at Project A, a Berlin-based Venture Capital fund. In addition to financial investments out of the €140M fund, Project A provides operational support for its portfolio companies through more than 100 hands-on experts and is therefore called the “operational VC”. Andreas studied Industrial Engineering in Germany and theUS and has worked at an InsurTech startup prior to joining Project A. At Project A, he’s responsible for dealflow.

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Investment focus

  • Industry: Artificial Intelligence, Software, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Denmark, Germany, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $3.2M–$15M; Series A $11M–$30M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
  • Frontier Health — Frontier Health develops artificial intelligence tools that help healthcare administration teams manage repetitive and high-volume tasks within existing clinical workflows. Its primary product, Juno, functions as an AI coworker that supports care coordination by processing information across multiple patient pathways and software systems. Theplatform is designed to work with a wide range of healthcare applications, enabling organizations to use their current systems while reducing manual administrative work. Frontier Health emphasizes clinical safety, data security, and compliance with healthcare standards, including NHS guidance and information security certifications. The company brings together technology specialists and healthcare professionals with experience working across numerous hospitals to address operational challenges in healthcare delivery.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Renewable Energy startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Mexico, India

Investor stats

  • Total investments: 596
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$2.6M; Series A $6M–$34M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Sourcepulse — Your early warning system for software delivery (YC S23)
  • Giant — The Giant app turns screen time into personalized, interactive stories starring your child. Safe, ad-free, and designed to spark imagination.
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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Acurio Ventures
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Norway Renewable Energy startups, 8 in the past 12 months

Acurio Ventures partners with visionary founders to make history happen. Acurio Ventures is a European early-stage VC that invests across sectors and business models and that relies on its entrepreneurial DNA, flexible approach and proven value add to partner with the best founders out there.

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Investment focus

  • Industry: Software, E-Commerce, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 119
  • Round size: Seed $1.2M–$6.9M; Series A $4M–$19M; Series B $10M–$50M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Lexroom.ai — Lexroom.ai allows lawyers to complete hours of legal research in seconds.Legal professionals spend up to 50% of their time in repetitive, low value-adding tasks. That’s why we’re building Lexroom.ai, a product that allows lawyers to complete hours of research in seconds, so they can focus on what really matters.Lexroom.ai perfectly integrateswith lawyers' daily workflow and enables them to speed up time-consuming legal research tasks while increasing output quality, so that they can focus more on value-adding activities.Lexroom.ai is building a bridge between advanced artificial intelligence technologies and legal professionals, through a product specifically tailored to their needs.
  • Flipflow — At Flipflow, we offer brands, manufacturers, and retailers an accurate, actionable, real-time snapshot of their products, competitors, and the market to facilitate informed business decisions. We gather millions of data points daily from retailers in markets worldwide. This data is processed, structured, and delivered as real-time actionableinsights through a flexible and powerful Business Intelligence (BI) suite. Our suite incorporates automations and AI-powered analytics, providing prescription capabilities that guide different teams within retail companies to make optimal business decisions. This approach not only offers a more holistic perspective for key decisions but also enhances day-to-day reaction capabilities.
  • Crescenta — Your Alternative Investment Space
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Trond Riiber Knudsen
Angel · Oslo, Oslo, Norway · 1 investments in Norway Renewable Energy startups

Trond Riiber Knudsen is a Founder of TRK GROUP.

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Investment focus

  • Industry: Software, SaaS, Machine Learning
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Norway, United States, Kenya

Investor stats

  • Total investments: 19
  • Round size: Seed $320k–$3.5M; Angel $300k–$933k; Pre-Seed $672k–$1.8M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Soolv — Automated screening that reads every application, surfaces real potential early, and gives you a consistent shortlist in minutes
  • SportAI — SportAI is a B2B sports technology firm that is spearheading the revolution in sports technique coaching, commentary, and analysis using advanced AI and machine learning. The company aims to boost sports performance and make high-quality sports data more accessible. SportAI's SaaS platform, powered by Computer Vision and Machine Learning,delivers unbiased sports technique analysis and AI-generated sports data to different sectors in the sports industry. This technology can seamlessly integrate into broadcasting, training apps, simulators, sporting equipment brands, and product recommendation websites, offering significant benefits to the global sports industry.
  • Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
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Grieg Kapital
VC Fund · Bergen, Hordaland, Norway · 1 investments in Norway Renewable Energy startups

Grieg Kapital is an investment company creating sustainable businesses. Do you have an investment opportunity for us that fits our strategy?

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Investment focus

  • Industry: Software, SaaS, Robotics
  • Stage:Venture - Series Unknown, Seed
  • Geography: Norway

Investor stats

  • Total investments: 8
  • Round size: Venture - Series Unknown $4.2M–$10M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Zeabuz — Zeabuz develop small electric urban vessels and waterborne autonomy
  • Remora Robotics — Remora Robotics is a Norwegian technology firm that specializes on aquaculture robotics.
  • GT Wings — GT Wings offers unique turn-key engineering services for the marine industry.
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Smedvig Ventures
VC Fund · London, England, United Kingdom · 1 investments in Norway Renewable Energy startups

Venture Capital firm based in London. We help enable business funding though capital investment. In turn, that funds and drives business growth as exceptional speed. Visit our site to find out how our proven model of business investment can help your start up.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, Sweden, United States

Investor stats

  • Total investments: 84
  • Round size: Series A $2.5M–$14M; Series B $1.8M–$30M; Series C $1.5M–$21M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • conmeet — conmeet operates as a cloud-native all-in-one platform for process-oriented construction and trade companies.
  • Tequipy — Buy, configure, and deploy devices in 180+ countries at local retail price. No contracts, no mark-ups, no recurring fees. ISO 27001 certified.
  • Embankment — Dedicated to AIFs. Driven by technology, delivered by domain experts
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David Rowan
Angel · London, England, United Kingdom · 1 investments in Norway Renewable Energy startups

David Rowan is editor of the UK edition of WIRED magazine, which won 2009 Launch of the David Rowan is Editor of the WIRED UK, the technology and trends magazine covering online brands, gadgets and the culture that surrounds them. David has reported on technology for The Times and Channel 4 News, the latter requiring him to illustrate the newiPod Video from the set of a porn shoot. He's also written for The Sunday Times and Telegraph Magazines, and edited the Guardian's on-line content. David has curated an exhibition of British creative talent at the Government's Cabinet Forum conference. He has also addressed the TEDs, and frequently contributes on Newsnight and the Today programme. He also writes a monthly column for GQ. David is in touch with many of the world's leading trend-setters and spotters. In presentations he looks at how the net is disrupting almost every sector, how apps change consumer behaviour and why 'social commerce' is killing traditional marketing. He reveals the 10 trends that will change your market in the next decade - and what you should be doing now to protect yourself.

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Investment focus

  • Industry: Software, Machine Learning, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Croatia, Germany

Investor stats

  • Total investments: 25
  • Round size: Seed $1M–$5.5M; Pre-Seed $486k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EWOR — EWOR is a platform dedicated to transforming aspiring entrepreneurs into successful startup founders through world-class education, mentorship, and investment opportunities.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Rhizocore Technologies — We develop high-performance strains of locally-sourced mycorrhizal fungi to improve tree growth, tree health and tree resiliency. We offer a sustainable solution to increase forest yields whilst improving the ability of trees to sequester carbon.
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Standard Lithium
VC Fund · Vancouver, British Columbia, Canada · 1 investments in Norway Renewable Energy startups

Standard Lithium is a leading near-commercial lithium company focused on the sustainable development of a portfolio of large, high-grade lithium-brine properties in the United States.

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Investment focus

  • Industry: Energy, Industrial, Renewable Energy
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Aqualung Carbon Capture — Enabling clean carbon capture for the wider market
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KLP Liv
VC Fund · 1 investments in Norway Renewable Energy startups

KLP Liv

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Investment focus

  • Industry: Solar, Energy, CleanTech
  • Geography: Norway

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
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Agder Energi Venture
VC Fund · Kristiansand, Vest-Agder, Norway · 1 investments in Norway Renewable Energy startups

Agder Energi Venture AS is the venture capital arm of Agder Energi AS specializing in seed, early, mid and late venture investments. The firm prefers to invest in companies operating in the energy sector based in Norway but will also consider making investments in international companies. Agder Energi AS was founded in 2007 and is based inKristiansand, Norway.

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Investment focus

  • Industry: Solar, Energy, Battery
  • Geography: Norway

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Otovo — To homeowners, Otovo is the easiest way to get solar panels on the roof. We are a marketplace organizing a network of hundreds of local, high quality energy installers that we have vetted thoroughly. We use our proprietary technology to analyse the potential of any home and advise precisely about the ideal project. Founded in Oslo in 2016, ourteam consists of engineers, programmers and technical consultants located in Oslo, Stockholm, Paris, Madrid, Warsaw and Milan. In France, we are known as “In Sun We Trust”, the result of the merger with the French solar energy startup.We have sold and completed thousands of solar energy projects across Europe and aim to become the continent’s no.1 residential solar energy company. Otovo is financially solid, being backed by some of Scandinavia’s major investment entities, notably Axel Johnson of Sweden, Norway’s municipal pension fund (KLP), and Nysnø, the Norwegian green sovereign investment fund.
  • Morrow Batteries — To solve the climate crisis, we need to accelerate the green energy transition. Morrow Batteries are building a giga-scale battery cell factory in the South of Norway. We will develop and industrialize new and innovative battery technology.
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Brighteye Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Norway Renewable Energy startups

Brighteye Ventures is the first and largest vertical EdTech Venture Capital firm in Europe. If you are an entrepreneur using technology to reinvent learning and education, we want to hear from you!

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Investment focus

  • Industry: Education, Software, E-Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, France, Spain

Investor stats

  • Total investments: 55
  • Round size: Seed $1.6M–$6.6M; Pre-Seed $549k–$1.6M; Series A $3.8M–$20M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — raised $111M in 2020

Portfolio highlights

  • Gyver — Recruiting platform for skilled blue collars
  • Shakers — We are Shakers and we are redefining the future of work. We connect companies and talent with a perfect match between personal and professional life through technology and methodology. We want to achieve a lifestyle in which work is synonymous with happiness so that you can work where, how and when you want. And thus be more productive and havebetter results in the projects in which you collaborate. Sounds good to you? You already have DNA Shakers, follow us !!
  • Wikifarmer — A free online knowledge library where professional or amateur farmers can find best practices on growing their fields more effectively and an online marketplace where farmers can sell their products to buyers directly. Our vision is to create a fair, transparent and profitable environment for all the farming world. Farmers are dedicating theirlives in cultivating their fields, but get the lowest value of all the sales cycle, so we believe they need to receive a more fair share. Buyers have the right to have more options and buy at better prices, so we want to be the ones to solve this inequality in both sides.
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Aidiom
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Renewable Energy startups

Aidiom is an early stage deeptech investor providing seed and venture capital to applied AI enterprise software startups in Europe.

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Investment focus

  • Industry: Software, Solar, Industrial
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Norway, Czech Republic, The Netherlands

Investor stats

  • Total investments: 6
  • Round size: Pre-Seed $590k–$1.1M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • PARTORY — PARTORY offers complete manufacturing solutions in engineering. PARTORY utilising AI and machine learning to streamline the procurement process for low-cost metal parts
  • Aevy — Turn your renewable asset documents into profitable decisions
  • Sun Store — Sun Store is a Renewable Energy firm offering a trading platform for buyers and sellers in solar industry.
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New Age Ventures
VC Fund · New York, New York, United States · 1 investments in Norway Renewable Energy startups

New Age Ventures

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Investment focus

  • Industry: Health Care, Medical, Medical Device
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 30
  • Round size: Seed $350k–$2.6M; Pre-Seed $50k–$100k; Series A $7.7M–$10M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Goodhood — Nikmati resep makanan enak dan praktis di ASIA128. Temani waktu chill sambil nge-game dengan camilan lezat yang mudah dibuat di rumah
  • FEMSelect — More than half of women over 50 are living with Pelvic Organ Prolapse. Learn about EnPlace, the minimally invasive approach to Pelvic Organ Prolapse.
  • Opterion Health — Opterion Health is focused to bring innovation to dialysis care and foster home dialysis to improve the quality of life for patients as well as their loved ones and to possibly increase the survival rates of people who suffer from end-stage renal disease (ESRD).
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Hillhouse Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Norway Renewable Energy startups

Hillhouse Venture Capital is an investment institution established by Hillhouse Capital that focuses on investing in early-stage startups.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Health Care
  • Stage:Series A, Series B, Seed
  • Geography: China, Singapore, Norway

Investor stats

  • Total investments: 77
  • Round size: Seed $10M–$120M; Series A $10M–$85M; Series B $14M–$99M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Yatsen Holding — Yasten provides high-quality fashion makeup products.
  • kaye technology — Kaye Technology is a company that provides automation upgrade solutions for beverage equipment.
  • Deepin Technology — Deepin Technology is a company that utilizes artificial intelligence, quantum chemistry, and high-throughput experiment technologies to enhance the efficiency and workflow of chemical material innovation. it offers efficient R&D solutions for chemical materials, aiming to solve lab bottlenecks, promote innovative research, and enhance customervalue.
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Futurum Ventures
VC Fund · 1 investments in Norway Renewable Energy startups

Futurum Ventures is a venture capital firm.

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Investment focus

  • Industry: Payments, Software, Renewable Energy
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Round size: Series A $4.3M–$8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Glint Solar — Enabling developers to identify and analyze the best solar sites
  • Optio Incentives — Optio helps businesses incentivize employees, manage equity, stay compliant, and report costs with our software and advisory
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Momentum Partners
VC Fund · San Francisco, California, United States · 1 investments in Norway Renewable Energy startups

The Premier Trusted Advisor to the Global Cybersecurity Industry and Only Investment Bank Exclusively Focused on Cybersecurity.

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Investment focus

  • Industry: Solar, AgTech, Energy
  • Stage:Seed, Series B
  • Geography: Norway

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Nofence — Manage your livestock from anywhere with GPS collars and a simple app. Unlock more acres, cut fencing costs, and run your operation on your terms.
  • Photoncycle — The year-round solar energy system for heating and electricity
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
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Unruly Capital
VC Fund · Italy, Texas, United States · 1 investments in Norway Renewable Energy startups

Investing in the crazy before it becomes normal

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Investment focus

  • Industry: Biotechnology, Artificial Intelligence, CleanTech
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 62
  • Round size: Seed $1.2M–$9.3M; Pre-Seed $908k–$3.6M; Venture - Series Unknown $1.6M–$55M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Matta — Creating AGI to manufacture the impossible.
  • Willo — Willo is advancing and scaling true wireless power for humanity, technology, and industry. Discover the company powering the next era of energy delivery.
  • Tangible — Tangible empowers hardware companies with sustainable asset-based lending solutions. Our platform streamlines debt funding, compliance automation, and financial product design, enabling efficient capital mobilization and comprehensive reporting for a greener future. Scale your business with Twist.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Norway Renewable Energy startups, 22 in the past 12 months

Export Development Canada (EDC) is a Crown corporation dedicated to assisting Canadian businesses of all sizes in achieving global success. It provides them with the tools they need to grow their business with confidence, including trade knowledge, financial solutions, equity, insurance, and connections.

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Investment focus

  • Industry: Software, Manufacturing, Renewable Energy
  • Stage:Series B, Series A
  • Geography: Canada, United States, United Kingdom

Investor stats

  • Total investments: 250
  • Round size: Series A $3.5M–$22M; Series B $5M–$50M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Ionik — Popreach is now @IonikGroup
  • Velto Renewables — Velto Renewables is a renewable energy company that specializes in enabling global economy to decarbonize by developing renewable assets.
  • CleanPlanet Chemical — Discover the most advanced solvent recycler available today. Whether you recycle your solvent on-site, off-site, or not at all, save money with CleanPlanet Chemical's solvent recycling system.
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We Are Human
VC Fund · London, England, United Kingdom · 1 investments in Norway Renewable Energy startups

We Are Human strategise, design and build products and services that add value to people's lives through fulfilling a need or satisfying a desire. We Are Human is a platform to invest in great ideas and make them happen. By co-creating innovative new businesses, we can have impact in areas where they have a strong passion and desire toinfluence, improving their knowledge and skillset along the way. Through insights, future vision and human-centric design. We Are Human empower people, create change and instigate shared experiences that deliver tangible results.

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Investment focus

  • Industry: Software, Education, iOS
  • Stage:Seed, Angel, Convertible Note
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • imagi — Programming has never been this much fun! Learn to create with code, share your designs with friends on the imagiLabs app and customize your imagiCharm - a fun, easy-to-use, colorful, and educational toy for girls. Imagine it. Code it. Wear it.
  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
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Renewable Energy Investor funding in Norway at a glance

Stats across 158 deals from 209 investors.

209
investors
in Norway Renewable Energy startups
158
deals
in Norway Renewable Energy startups
$8M
median round
in Norway Renewable Energy startups
48%
lead investors
lead at least one round
15%
Grant
most common funding stage
88/12
VC / Angel
share of investor count

Access all 209 investors in Norway Renewable Energy startups.

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