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Top 50 Renewable Energy Startup Investors in Norway (June 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
4 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $104k–$29M
Momentum
VC Fund
4 Norway, Finland, United Kingdom Seed, Series A Renewable Energy, Energy, Manufacturing $1.6M–$18M
Speedinvest
VC Fund
4 United Kingdom, Germany, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $549k–$38M
Voyagers
VC Fund
3 Germany, United Kingdom, The Netherlands Seed, Pre-Seed, Convertible Note Manufacturing, Software, Renewable Energy $1M–$6.6M
Chris Murphy
Angel
3 United States, Germany, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $1.7M–$35M
Eviny Ventures
VC Fund
2 Norway, Sweden Seed, Series A SaaS, Energy, Software $2.9M–$5.6M
Link Venture Capital
VC Fund
2 Norway, United Kingdom, The Netherlands Pre-Seed, Seed Software, Renewable Energy, Marine Technology $400k–$4.4M
ProVenture
VC Fund
2 Norway, United States, India Seed, Series A Software, Oil and Gas, Information Technology $744k–$6.6M
Sondo Capital
VC Fund
2 Norway, United States, Denmark Seed, Pre-Seed, Series A Software, Analytics, Real Time $660k–$16M
Singularity
VC Fund
2 Norway Pre-Seed, Convertible Note SaaS, Software, CleanTech
Statkraft Ventures
VC Fund
2 Norway, France, Germany Series B, Series A Renewable Energy, Energy, Big Data $3.2M–$115M
Valinor AS
VC Fund
2 Norway, United Kingdom Seed, Series A Robotics, Software, Renewable Energy $1.8M–$2.4M
Lifeline Ventures
VC Fund
2 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
SINTEF Venture AS
VC Fund
2 Norway, United States, United Kingdom Seed, Pre-Seed Software, Manufacturing, Energy $160k–$5.1M
Futurum Ventures
VC Fund
1 Norway Series A Payments, Employee Benefits
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 Biotechnology, CleanTech, Manufacturing $549k–$9.2M
Acurio Ventures
VC Fund
1 Spain, United States, United Kingdom Seed, Series A, Series B Software, E-Commerce, Internet $1.2M–$54M
AVG Group
VC Fund
1 Norway, Hong Kong Seed, Post-IPO Equity Genetics, Wellness, Electronics
Futurum Capital
VC Fund
1 Brazil, Norway, United States Seed, Series A Art, Software, Analytics $350k–$4M
547 Energy
VC Fund
1 Norway, Ireland Seed, Private Equity Renewable Energy, Solar, Energy
Aidiom
VC Fund
1 Norway, Czech Republic, The Netherlands Seed, Pre-Seed, Series A Software, Solar, Industrial $590k–$1.1M
Brighteye Ventures
VC Fund
1 United Kingdom, France, Spain Seed, Series A, Pre-Seed Education, Software, E-Learning $549k–$20M
EMOS
VC Fund
1 Norway Solar, Energy, CleanTech
KLP Liv
VC Fund
1 Norway Solar, Energy, CleanTech
OBOS Forsikring
VC Fund
1 Norway Seed, Series A Real Estate, Information Technology, SaaS
Akershus Energi
VC Fund
1 Norway Solar, Energy, CleanTech
Export Development Canada
VC Fund
1 Canada, United States, United Kingdom Series B, Series A Software, Manufacturing, Renewable Energy $3.5M–$50M
NATO Innovation Fund
VC Fund
1 United Kingdom, Germany, Norway Seed, Series A Manufacturing, Robotics, Aerospace
Johan Brand
Angel
1 Norway, United States, United Kingdom Seed, Series A Software, EdTech, CleanTech $1.4M–$3.5M
Global Ship Lease
VC Fund
1 Norway Energy, Industrial, Renewable Energy
Andreas Helbig
Angel
1 Denmark, Germany, United States Seed, Series A, Series B Software, Artificial Intelligence, SaaS $3.5M–$30M
PT1
VC Fund
1 Germany, United Kingdom, Switzerland Seed, Series A, Pre-Seed Software, Real Estate, Information Technology $1.1M–$18M
Trond Riiber Knudsen
Angel
1 Norway, United States, Kenya Seed, Pre-Seed, Angel Software, Information Technology, SaaS $300k–$3.5M
We Are Human
VC Fund
1 Norway Seed, Angel, Convertible Note SaaS, Mobile, Software
New Age Ventures
VC Fund
1 United States, Israel, Norway Seed, Pre-Seed, Series A Health Care, Medical, Software $50k–$10M
Standard Lithium
VC Fund
1 Norway Energy, Industrial, Renewable Energy
Grieg Kapital
VC Fund
1 Norway Venture - Series Unknown, Seed Software, SaaS, Robotics $4.2M–$10M
ETF Partners
VC Fund
1 United Kingdom, France, Germany Series A, Series B Software, Renewable Energy, Information Technology $3.9M–$34M
Agder Energi Venture
VC Fund
1 Norway Solar, Energy, Battery
David Rowan
Angel
1 United Kingdom, Croatia, Germany Seed, Pre-Seed Software, Machine Learning, Information Technology $484k–$5.5M
Shell Ventures
VC Fund
1 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $3M–$126M
MKS PAMP
VC Fund
1 Norway, United Kingdom Seed Energy, Mining, Recycling
Hillhouse Ventures
VC Fund
1 China, Singapore, Norway Series A, Series B, Seed Manufacturing, Biotechnology, Health Care $10M–$120M
Family Office
Angel
1 Canada, Norway, Germany Pre-Seed, Seed Music, Energy, Sports
Smedvig Ventures
VC Fund
1 United Kingdom, Sweden, Norway Series A, Series B, Series C Software, SaaS, Advertising $1.5M–$30M
Unpopular Ventures
VC Fund
1 United States, India, Mexico Seed, Pre-Seed, Series A Software, Artificial Intelligence, FinTech $500k–$69M
Golar LNG Partners
VC Fund
1 Norway Energy, Industrial, Renewable Energy
Nysnø
VC Fund
1 Norway, United Kingdom Series A, Series B Renewable Energy, Robotics, Software $5M–$44M
Access all 160 investors in Norway Renewable Energy startups.

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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 · 4 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: 1193
  • Round size: Seed $196k–$5.8M; Pre-Seed $104k–$1.1M; Series A $4.6M–$29M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Carble — We provide carbon insetting technology to tropical commodity buyers and cash incentives to farmers that protect the forest. Our satellite-powered platform monitors carbon emissions, allowing for deforestation-free farming to be rewarded at scale.
  • Sapyen — We take the fear out of infertility for men. Test for it at home, without stepping out to the hospital and get personalised health recommendations to improve sperm health and increase your chances of conceiving.
  • One Key Access — One Key Access is an interface to the world of couriers to enable 24/7 frictionless deliveries.
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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: 15
  • Round size: Seed $1.6M–$4.2M; Series A $17M–$18M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Enerin — Enerin reduces energy consumption and costs through our know-how within energy technology and operation of heating and cooling systems, including industrial heat pumps through our products Thermonitor, HoegTemp, WaveClean, Feedwater systems and Niprox water treatment.
  • 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
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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: 527
  • Round size: Seed $823k–$8M; Pre-Seed $549k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $384M in 2022

Portfolio highlights

  • Tulyp — Tulyp is a financial service company that offers insure, investment, and secure payment solutions.
  • morgana — Morgana is reshaping the mortgage industry in Latam. With a 5x faster application process, in-depth market knowledge, privileged access to data, and superb team, we are a groundbreaking digital mortgage broker that will shortly be competing with banks.
  • Sona — The employee 'super' app for frontline teams. Sona combines the power of modern workforce management software with an unparalleled mobile user experience.
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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: 24
  • Round size: Seed $2M–$6.6M; 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.
  • Climate X — Climate X combines climate science and econometrics to deliver precise climate risk data without any black boxes.
  • Ark Climate — Ark Climate is a climate-tech company that develops software to support municipal climate protection planning and execution.
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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, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 62
  • Round size: Seed $1.8M–$10M; Pre-Seed $1.7M–$3.3M; Series A $7.5M–$35M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Unloc — Open doors straight from your phone with our mobile keys. Share temporary or permanent access with friends, family and others. One app for all keys.
  • Twirl — A seamless experience for deploying data products
  • 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.
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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: SaaS, Energy, Software
  • Stage:Seed, Series A
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 7
  • Round size: Seed $2.9M–$5.6M
  • 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.
  • 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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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: 37
  • Round size: Seed $744k–$6.6M; Series A $4.9M–$5.6M
  • Lead/follow: 65% lead, 35% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Sonair — Sonair is an award-winning deep tech startup building a breakthrough, patented 3D ultrasonic sensor that enables true machine autonomy by making robots safe, affordable, and efficient. Sonair was spun out from a leading European independent research organization, SINTEF, to exploit deep science-to-tech advancements in ultrasonics andMicro-ElectroMechanical Systems (MEMS). Using this technology, the company is delivering a sensor that will transform a robot’s vision from 2D to 3D, offering a significantly improved safety performance over traditional vision systems while cutting costs by 50-80%. The company, based in Oslo, Norway, was founded in 2022 by an experienced team of serial entrepreneurs led by Knut Sandven, former CEO of GasSecure.
  • 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.
  • Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
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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: 18
  • Round size: Seed $2.1M–$5.1M; Pre-Seed $660k–$2M; Series A $11M–$16M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Lightsonic — We transform how critical infrastructure is monitored to help preserve and optimise natural resources, reduce carbon emissions, and create a more sustainable and resilient environment.
  • Cardboard — Cardboard simplifies SaaS spend management with virtual cards, automated receipt collection, and AI receipt matching, all accessible through a live dashboard to control software costs.
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Singularity
VC Fund · 2 investments in Norway Renewable Energy startups

Luxembourg-based family office

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Investment focus

  • Industry: SaaS, Software, CleanTech
  • Stage:Pre-Seed, Convertible Note
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
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Access 48,091 investors

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

Browse database — It's Free!
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: Renewable Energy, Energy, Big Data
  • Stage:Series B, Series A
  • Geography: Norway, France, Germany

Investor stats

  • Total investments: 48
  • Round size: Series A $3.2M–$23M; Series B $8.5M–$115M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • zolar — With the zolar online configurator, homeowners can customise the components of their PV system to suit their individual requirements and receive personal assistance from one of our solar energy experts at the same time. zolar’s extensive network of local partner companies takes care of the installation on site. The Berlin-based start-up employsaround 200 employees across Germany and pursues the vision of installing a PV system on every roof in the world in order to make private households more independent from the mains grid. The dovetailing of energy generation, electricity storage and mobility allows customers to design electrified and smart households. As a next green energy company, zolar enables its customers to become energy providers for their own four walls, neutralise their carbon footprint and, in turn, make an effective contribution to climate protection.
  • DEPsys — Our advanced smart grid solutions and insights empower electricity DSOs and simplify their journeys through the energy transition.
  • Hydrosat — Hydrosat provides daily, high-resolution thermal and multispectral infrared imagery of the entire Earth. Leveraging our first-in-history thermal capabilities, we also provide analytics solutions to solve climate and agriculture issues.
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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: Robotics, Software, Renewable Energy
  • Stage:Seed, Series A
  • Geography: Norway, United Kingdom

Investor stats

  • Total investments: 9
  • Round size: Seed $1.8M–$2.4M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Aivero — The Easiest Path from Camera to Machine Learning. Aivero provides an intuitive platform for real-time video streaming across multiple cameras, enabling effortless data capture from both 2D and 3D sensors
  • 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, E-Commerce
  • Stage:Seed, Series A
  • Geography: Finland, United States, United Kingdom

Investor stats

  • Total investments: 179
  • Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $171M in 2023

Portfolio highlights

  • Realm — Realm is a search engine for the workplace reimagined with AI. Designed to help fast-moving teams better leverage their collective knowledge.
  • Thor Dynamics — Headquartered in Orlando, Florida, with a European base in Finland, Thor Dynamics specializes in directed energy systems for defense against drones and drone swarms. The company’s innovative solutions are available worldwide to protect critical infrastructure and enhance national security. Laser Armor™ is a complete directed energy counter-dronesolution. Utilizing advanced radar and optical systems it can detect, track, and target hostile targets. High-power directed energy from Thor’s Laser Engines then eliminates the threat in seconds. Multiple safety systems ensure accurate target identification and minimal collateral damage.
  • 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.
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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: 63
  • Round size: Seed $960k–$5.4M; Series A $2.9M–$21M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • xNomad — Find retail shops to rent in Stockholm, Copenhagen, Olso, Helsinki and across the Nordics. Choose from prime retail spaces rent, retail & pop-up shops, shopping centre and event spaces.
  • FirstQFM — FirstQFM offers patent-pending AI foundation models for quantum computing.
  • Ivy Interactive — Ivy is the the AI-first open source .NET framework that helps developers build powerful internal tools faster without reinventing the wheel.Ivy is an open-source tool that makes it incredibly easy to create and deploy .NET applications, powered by AI. Start building smarter applications faster. AI powered .Net development. The ultimate toolkitfor building internal apps - App Generator Turn any database into full-featured backoffice applications in minutes with AI. - Database Generator - Design, build and deploy production quality databases models with AI. - Add Authentication - Ivy provides a variety of build in authentication providers to add sign in to your apps. - Dashboard Generator- Build and deploy dashboard in minutes. - One-Click Cloud Deploy - Deploy to Azure, AWS or GCP in seconds.
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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: Software, Manufacturing, Energy
  • Stage:Seed, Pre-Seed
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 29
  • Round size: Seed $160k–$5.1M; Pre-Seed $373k–$762k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $51M in 2018

Portfolio highlights

  • Nomono — Capture studio-quality podcasts with immersive 3D audio. Get professional mics, AI editing, and cloud storage in one system. Start your free trial today.
  • 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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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, Employee Benefits
  • Stage:Series A
  • Geography: Norway

Investor stats

  • Total investments: 2
  • 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, CleanTech, Manufacturing
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 58
  • Round size: Seed $1.3M–$9.2M; Pre-Seed $549k–$3.6M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • 4QT — Cleantech, Construction, Electrification
  • Matta — Matta delivers artificial intelligence software and services for businesses. Offerings include custom model development, data preparation, and API-based deployment across computer vision and language tasks. Tooling covers experiment tracking, evaluation, monitoring, and scalability to move prototypes into production. Services also addressintegration with existing data pipelines, security considerations, and MLOps practices. Engagements include solution design, implementation, and knowledge transfer so internal teams can operate and iterate models over time.
  • Rightcharge — Simplify fleet electrification with Rightcharge. The all-in-one platform for automated home reimbursement and public charging cards; all on one bill.
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Acurio Ventures
VC Fund · Bilbao, Pais Vasco, Spain · 1 investments in Norway Renewable Energy startups

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, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Spain, United States, United Kingdom

Investor stats

  • Total investments: 111
  • Round size: Seed $1.2M–$6.8M; Series A $3.3M–$19M; Series B $10M–$54M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • UniteLabs — UniteLabs provides the foundational operating system for AI-driven lab automation in life science. It accelerates scientific discovery by closing the loop with a unified data and automation infrastructure, seamless integration, and intelligent control. Our platform empowers ambitious biotech companies, big pharma, integrators, and hardware vendorsby offering bidirectional connectors for diverse lab equipment, a scalable cloud platform with an open API, and a powerful workflow engine with an integrated compute environment. This allows for the creation of sophisticated, modular workflows, and enables rapid automation development through our Lab-as-Code environment, featuring a dynamic Python SDK and application-specific libraries.
  • TandemTrace — TandemTrace deploys autonomous AI agents that hunt, detect, and respond to cyber threats in real time.
  • Those Beyond — Those Beyond develops a social gaming platform that supports interactive fan experiences within fictional universes. The platform uses its proprietary Arise Engine to enable browser-based adventures, role-playing, and puzzle-solving activities involving mass community participation. Projects include collaborations with entertainment franchises suchas "The Walking Dead," allowing fans to engage with story-driven challenges and community events. The platform includes customizable social spaces designed to reflect the themes and aesthetics of the associated intellectual properties.
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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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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, Series A
  • Geography: Brazil, Norway, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $350k–$4M
  • Lead/follow: 24% lead, 76% 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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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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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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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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EMOS
VC Fund · Silava, Preilu, Latvia · 1 investments in Norway Renewable Energy startups

The EMOS company portfolio holds more than 1 300 active product items which are ready for immediate use. This product portfolio is divided into product groups lead by specialists who will help to ensure clarity in all aspects of technical support and purchase

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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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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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OBOS Forsikring
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Renewable Energy startups

OBOS Forsikring is provides residential insurance services.

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Investment focus

  • Industry: Real Estate, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 6
  • 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.
  • Plaace — Proptech company creating vibrant streets and cities by helping property owners choose and connect with the right concepts, at the right place, using the right data.
  • Wanda — Wanda.space is a technology and logistics start-up delivering space as a service.
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Akershus Energi
VC Fund · Rånåsfoss, Akershus, Norway · 1 investments in Norway Renewable Energy startups

Akershus Energi is a power company producing hydroelectric power and electrical equipment. The company also focuses on efficient and renewable energy production, active power trading and profitable investments, development of hydropower, wind power and district heating, and data center and infrastructure. It sells the power generated and trades inthe financial market, as well as distributes hot water for heating and hot tap water purposes.Akershus Energi was established in 1922 and is based in Rånåsfoss, Norway.

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Investment focus

  • Industry: Solar, Energy, CleanTech
  • 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.
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Export Development Canada
VC Fund · Ottawa, Ontario, Canada · 1 investments in Norway Renewable Energy startups, 18 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: 208
  • Round size: Series A $3.5M–$22M; Series B $5M–$50M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • SK ecoplant — SK ekoplant is a top-tiered global city developer and infrastructure builder. SK ekoplant is one of the leading subsidiaries of SK group.SK ekoplant is one of the world’s best companies in the engineering industry, undertaking plants on EPCC basis (Engineering, Procurement, Construction and Commissioning) in the fields of Refineries,Petrochemicals, Fertilizer, Industrial Plants and Environmental Plants, Plants to wireless mobile communication equipment worldwide. As a major player in high-tech engineering market of the 21st century, SK ekoplant is committed to becoming the top-tier company by acquiring the drive for the future growth through the expansion of overseas markets and the launching of new products and by successful establishing the developed enterprise structure through improvement of internal system and process as well as performance assessment system.SK ekoplant is currently carrying out huge projects in U.S, Saudi Arabia, China, Thailand, Vietnam, India, Ecuador, Qatar, Algeria, Venezuela and CIS. This outstanding achievement is the culmination of SK ekoplant's extensive project experience, superior technology, and talents.
  • Photonic — We are building a new world through scalable, fault-tolerant quantum technologies.
  • Troilus Gold — Troilus Gold is a Canadian based development stage resource company focused on the potential restart and mineral expansion of the former producing Troilus gold and copper mine, located within the Frotêt-Evans Greenstone Belt in Quebec.
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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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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: Software, EdTech, CleanTech
  • Stage:Seed, Series A
  • Geography: Norway, United States, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $1.4M–$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.
  • Strise — Strise is signaling a new era of enterprise software and organizational change, transforming how companies work and empowering individual growth through knowledge. We believe in the AI-enabled financial institution without data silos where users and data are working together to solve even the most complex business problems.
  • Ludenso — Ludenso is a software developer of AR solutions for the education industry. To make education more creative and engaging, we are giving editors, authors, and teachers the power to bring their learning resources to life through 3D models, animations, videos, and audio support. This is made possible through the Ludenso Studio, where they can createinclusive learning experiences that enables students to learn in their own way.
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Global Ship Lease
VC Fund · New York, New York, United States · 1 investments in Norway Renewable Energy startups

The Investor Relations website contains information about Global Ship Lease's business for stockholders, potential investors, and financial analysts.

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

Investor stats

  • Total investments: 10
  • Round size: Seed $3.5M–$15M; Series A $11M–$30M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • Light — Make running a multinational ridiculously easy with Light's GL platform. Combine global accounting, AR, AP cards to automate finance operations and improve efficiency.
  • All Gravy — Butter gives you happier employees, by reducing their financial stress and giving them an understanding of their salary and financial situation
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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: 42
  • Round size: Seed $3.5M–$7.4M; Pre-Seed $1.1M–$1.4M; Series A $2.1M–$18M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $48M in 2022

Portfolio highlights

  • Gendo — Gendo is a browser based platform that provides beautiful CGI. It accelerates design image production 100x with AI and ML, eliminating technical hurdles for designers using innovative browser-based tools."
  • Voltfang — We integrate used electric car batteries into a battery storage system and thus build up a decentralized storage network.
  • Arctis AI — Arctis AI develops an AI platform to manage building contracts. It transforms difficult papers into useful insights for project teams.
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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, Information Technology, SaaS
  • 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

  • Ciloo — The global brand management platform for local, on-demand production of branded products. Reduce costs, waste + shipping distances. Full brand control.
  • laiout — We are a team of entrepreneurs tasked with reducing the time and frustration involved when designing early stage floor plans for large developments and existing properties.With support from world's biggest early-stage VC and several of our international future clients our team is helping to optimize this tedious architectural design phasesaving up to 20 weeks of time while providing more and better solutions.
  • Campanyon — Campanyon is a provider of an outdoor accommodation booking platform intended for people to find and book their next outdoor adventure by connecting campers with hosts.
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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: SaaS, Mobile, Software
  • Stage:Seed, Angel, Convertible Note
  • Geography: Norway

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skyfri — The most advanced operating platform for solar assets - maximizing production and reducing cost.
  • NoMy — Norwegian startup that researches and develops sustainable material and food solutions using mycelium
  • Fauna — When you need something, choose a green option. Through Fauna you will get bonus points for environmentally friendly purchases.
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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, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Israel, Norway

Investor stats

  • Total investments: 21
  • Round size: Seed $350k–$2.6M; Pre-Seed $50k–$100k; Series A $7.7M–$10M
  • Lead/follow: 10% lead, 90% 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.
  • Koios Medical — We put the AI in ultrasound.
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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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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
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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: 95
  • Round size: Series A $3.9M–$14M; Series B $5.5M–$34M
  • 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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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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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, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Croatia, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $1M–$5.5M; Pre-Seed $484k–$2.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Onfido, an Entrust company — Onfido digitally proves a user’s real identity using AI technology, by verifying their photo ID and comparing it to their facial biometrics. It means users and businesses can verify their online identities anywhere and anytime, without compromising on experience, inclusion, privacy or security. Onfido powers over 1,500 fintech, banking, andmarketplace clients globally—helping them onboard more users while reducing risk. Identity underpins all transactions, and over the coming years, access to everything will be based on every user's ability to easily and securely prove their legal identity. This will change how we think of access—everything from opening a bank account to self-checking-in to a hotel, and ultimately voting.
  • Zesty — Zesty by DoorDash
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
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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: 159
  • Round size: Series A $6M–$30M; Series B $3M–$126M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • AiDASH — AI-first SaaS company on a mission to transform operations, maintenance, and sustainability in industries with geographically distributed assets by using satellites and AI at scale.
  • Ionomr — Ionomr designs & manufactures advanced ion-exchange polymers & membranes that enable high performance and efficiency in applications like water & wastewater treatment, hydrogen production and advanced energy storage.
  • 2-B Energy — The perfect wind turbine for offshore floaters or floating platforms
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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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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: 71
  • Round size: Seed $10M–$120M; Series A $10M–$85M; Series B $14M–$99M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • RoboticPlus.AI — RoboticPlus.AI is an robtics company that helps in architectural tech by providing intelligent robotic products for the construction sector.
  • Unbounded Dynamics — Unbounded Dynamics is a robotics and embodied intelligence startup focused on developing foundational AI “brains” and operational intelligence for robots and autonomous systems aimed at industrial and B-end scenarios. It works on the coordination of perception (“eyes”), manipulation (“hands”), and decision-making (“brain”) in physical robots bybuilding general basic models and expert system integrations as part of a hardware-software architecture to enable continuous iterative evolution of embodied intelligence.
  • HEMO BIOENGINEERING — HEMO BIOENGINEERING develops and provides innovative interventional medical devices to patients.
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Family Office
Angel · 1 investments in Norway Renewable Energy startups

Family Office

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Investment focus

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

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% 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.
  • Kitemill — Kitemill develops technology that will produce renewable energy in a safe and low-cost manner.Airborne wind energy is an almost unlimited source of energy that continuously blows high above the Earth’s surface.Airborne wind energy shows greater ability to change the global energy mix than other energy technologies. The financial cost for thesociety of implementing the technology is expected to be far less than it has been for solar and conventional wind power plants.
  • Wavv — Wavv delivers studio quality AI music, for brands, creators, and innovators
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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, SaaS, Advertising
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, Sweden, Norway

Investor stats

  • Total investments: 82
  • Round size: Series A $2M–$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

  • roclub — roclub is a healthcare company that offers a teleoperation platform for MedTech. The platform enables MRI/CT scans to be carried out remotely, providing support and training for radiographers. The company's solution can bring medical technology, regardless of type, manufacturer, and installation site, into a managed system withoutintegrations plug-and-play. roclub also offers a bonus program for radiographers who recommend their solution to their employers.
  • Understory — Understory is the only tool you need to sell experiences. To create, manage and grow your experience business.
  • Embankment — Dedicated to AIFs. Driven by technology, delivered by domain experts
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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, India, Mexico

Investor stats

  • Total investments: 253
  • Round size: Seed $1M–$8M; Pre-Seed $500k–$2.5M; Series A $6.8M–$69M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • DRUO — DRUO provides online payment gateway for businesses.
  • Golioth — Golioth helps developers to build IoT devices, secure your IoT, pipe device data from the edge to the cloud, and manage your IoT fleet from anywhere.
  • Sourcepulse — Sourcepulse is the internal status page for software delivery, alerting teams before costly delays. We collect anonymous feedback from project members to identify exactly what to fix, just like how Sentry captures system details for production errors.
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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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Nysnø
VC Fund · Stavanger, Rogaland, Norway · 1 investments in Norway Renewable Energy startups

Nysnø is a governmental climate investment fund investing in companies that solve climate challenges. The investment fund is set up as a commercial company that invests in technologies that contribute to reducing greenhouse gas emissions. It was established in 2017 in Stavanger, Rogalan by the Norwegian Ministry of Trade and Industry.

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Investment focus

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

Investor stats

  • Total investments: 31
  • Round size: Series A $5M–$40M; Series B $5.5M–$44M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • 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.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Dimensions Agri Technology — DAT is a Norwegian AgTech company offering a solution for real time patch spraying, using AI to recognize weeds in cereal fields.
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Renewable Energy Investor funding in Norway at a glance

Stats across 109 deals from 160 investors.

160
investors
in Norway Renewable Energy startups
109
deals
in Norway Renewable Energy startups
$8.2M
median round
in Norway Renewable Energy startups
45%
lead investors
lead at least one round
13%
Seed
most common funding stage
86/14
VC / Angel
share of investor count

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