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Top 50 Sustainability Startup Investors in Norway (June 2026)

The most active venture capital funds and angel investors investing in Norway Sustainability startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Norway Sustainability startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
ProVenture
VC Fund
9 Norway, United States, India Seed, Series A Software, Oil and Gas, Manufacturing $744k–$6.6M
Momentum
VC Fund
7 Norway, Finland, United Kingdom Seed, Series A Renewable Energy, Energy, Manufacturing $1.6M–$4.2M
Investinor
VC Fund
6 Norway, United States, Sweden Series A, Seed Software, Biotechnology, Manufacturing $400k–$25M
Antler
VC Fund
5 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Speedinvest
VC Fund
4 Germany, United Kingdom, Austria Seed, Series A, Pre-Seed Software, FinTech, Financial Services $406k–$38M
Nysnø
VC Fund
4 Norway, United Kingdom Series A, Series B Renewable Energy, Robotics, Software $5M–$44M
RunwayFBU
VC Fund
4 Norway, Italy, Sweden Pre-Seed, Seed SaaS, Software, Information Technology $551k–$6.2M
Shell Ventures
VC Fund
3 United States, United Kingdom, India Series A, Series B Energy, Renewable Energy, Software $3M–$126M
SINTEF Venture AS
VC Fund
3 Norway, United States, United Kingdom Seed, Pre-Seed Software, Manufacturing, Energy $160k–$5.1M
Chris Murphy
Angel
3 United States, Germany, Denmark Seed, Pre-Seed, Series A Software, SaaS, Information Technology $1.7M–$35M
Alliance VC
VC Fund
3 Norway, United States, Sweden Seed, Series A Software, Information Technology, Analytics $1.3M–$24M
Blue Bear Capital
VC Fund
3 United States, Germany, The Netherlands Series A, Seed Software, Information Technology, Artificial Intelligence $1.5M–$18M
Link Venture Capital
VC Fund
3 Norway, United Kingdom, The Netherlands Pre-Seed, Seed Software, Renewable Energy, Marine Technology $400k–$4.4M
Voyagers
VC Fund
3 Germany, United Kingdom, The Netherlands Seed, Pre-Seed, Convertible Note Manufacturing, Software, Renewable Energy $1M–$6.6M
Ferd
VC Fund
2 Norway, Sweden, United States Private Equity, Series A Software, Energy, Information Technology $2.2M–$14M
Singularity
VC Fund
2 Norway Pre-Seed, Convertible Note SaaS, Software, CleanTech
Luminar Ventures
VC Fund
2 Sweden, Norway, United States Seed, Series A Software, Information Technology, SaaS $960k–$21M
Sondo Capital
VC Fund
2 Norway, United States, Denmark Seed, Pre-Seed, Series A Software, Analytics, Real Time $660k–$5.1M
Aidiom
VC Fund
2 Norway, Czech Republic Pre-Seed, Seed, Series A Software, Industrial, Artificial Intelligence $590k–$1.1M
Skyfall Ventures
VC Fund
2 Norway, Denmark, United States Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $336k–$5.5M
Vinyl Capital
VC Fund
2 United States, India, Canada Seed, Series A, Pre-Seed E-Commerce, Software, Analytics
Eviny Ventures
VC Fund
2 Norway Seed, Series A PaaS, SaaS, Solar $5.4M–$5.6M
Valinor AS
VC Fund
2 Norway, United Kingdom Seed, Series A Robotics, Software, Renewable Energy $1.8M–$2.4M
Amadeus Ventures
VC Fund
2 United States, Spain, Canada Seed, Series A Software, Travel, Mobile
Petter Stordalen
Angel
2 Norway Apps, Energy, Customer Service
Lyse Group
VC Fund
2 Norway Seed SaaS, Water, Analytics
Contrarian Ventures
VC Fund
2 Lithuania, United Kingdom, France Seed, Series A, Pre-Seed Software, Renewable Energy, Energy $55k–$15M
Arkwright X
VC Fund
2 Norway, Sweden Seed, Pre-Seed Software, SaaS, Energy $93k–$5.6M
Loyal VC
VC Fund
2 United States, Canada, United Kingdom Pre-Seed, Seed Artificial Intelligence, Software, E-Commerce $78k–$3.1M
Lifeline Ventures
VC Fund
2 Finland, United States, United Kingdom Seed, Series A Software, Health Care, E-Commerce $547k–$20M
Saudi Aramco Energy Ventures
VC Fund
2 United States, Norway, United Kingdom Series B, Series C Energy, Oil and Gas, Software $4M–$110M
Statkraft Ventures
VC Fund
2 Norway, France, Germany Series A, Series B Renewable Energy, Energy, Big Data $3.2M–$115M
Wiski Capital
VC Fund
2 Norway, Sweden Seed, Pre-Seed Software, Energy, Renewable Energy $740k–$7.7M
Lionheart Ventures
VC Fund
1 United States, United Kingdom, Singapore Seed, Series A Health Care, Biotechnology, Wellness
Climate Investment
VC Fund
1 United States, Canada, Spain Series B, Series A, Series C Energy, CleanTech, Manufacturing
547 Energy
VC Fund
1 Norway, Ireland Seed, Private Equity Renewable Energy, Solar, Energy
FJ Labs
VC Fund
1 United States, Brazil, United Kingdom Seed, Series A, Series B Software, E-Commerce, Financial Services
Ecosystem Integrity Fund
VC Fund
1 United States, Norway, Rwanda Series A, Series B Energy, Renewable Energy, Solar
David Rowan
Angel
1 United Kingdom, Germany, Croatia Seed, Pre-Seed Software, Artificial Intelligence, Information Technology
Schibsted
VC Fund
1 Norway, Sweden Seed, Series A, Series C E-Commerce, Apps, Music
General Motors Ventures
VC Fund
1 United States, Canada, Israel Series C, Series A Automotive, Software, Energy
DNB Ventures
VC Fund
1 Norway Pre-Seed SaaS, Software, CleanTech
Akershus Energi
VC Fund
1 Norway Solar, Energy, CleanTech
Birger Magnus
Angel
1 Norway Seed Software, Wind Energy, Machine Learning
Momentum Partners
VC Fund
1 Norway AgTech, Agriculture, Internet of Things
Brighteye Ventures
VC Fund
1 United Kingdom, France, Spain Seed, Series A, Pre-Seed Education, E-Learning, Software
EMOS
VC Fund
1 Norway Solar, Energy, CleanTech
Penny Venture
VC Fund
1 Norway Pre-Seed B2B, Fuel, Energy $400k–$724k
EDFI ElectriFI
VC Fund
1 United States, Kenya, Nigeria Debt Financing, Series A Energy, Solar, Renewable Energy
ETF Partners
VC Fund
1 United Kingdom, France, Norway Series A, Series B Software, Renewable Energy, SaaS
Access all 18 investors in Norway Sustainability startups.

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

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Investor list

ProVenture
VC Fund · Trondheim, Sor-Trondelag, Norway · 9 investments in Norway Sustainability 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, Manufacturing
  • Stage:Seed, Series A
  • Geography: Norway, United States, India

Investor stats

  • Total investments: 36
  • Round size: Seed $744k–$6.6M; Series A $4.9M–$5.6M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • 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.
  • Cimon Medical — Cimon Medical develops and manufactures novel Doppler ultrasound technology for healthcare and aim to become the market leader in continuous direct monitoring of blood-flow. The first product to be released in Q4 21 is NeoDoppler - non-invasive continuous monitoring of blood-flow in the brain of premature or critically ill infants.
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Momentum
VC Fund · Bergen, Hordaland, Norway · 7 investments in Norway Sustainability 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
  • 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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Investinor
VC Fund · Trondheim, Sor-Trondelag, Norway · 6 investments in Norway Sustainability startups

Investinor invests in Norwegian based, high potential companies that are internationally oriented and in the phases ranging from early growth to expansion. The company has BNOK 4.2 ($500 m) under management and focus on companies within the internet, software, semiconductors, energy, cleantech, marine and life sciences sectors.

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Investment focus

  • Industry: Software, Biotechnology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Norway, United States, Sweden

Investor stats

  • Total investments: 117
  • Round size: Seed $400k–$3.3M; Series A $2M–$25M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $148M in 2011

Portfolio highlights

  • 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.
  • Actithera — Actithera is a molecular radiotherapeutic company that develops radioligand therapies. It translates medicinal chemistry insights into new radioligand therapies (RLTs) and applies various molecular design strategies, including covalent targeting and an isotope-agnostic philosophy, to invent RLTs with significant differentiation and largertherapeutic windows.
  • Kongsberg Ferrotech — Kongsberg Ferrotech offers game-changing robotic services for inspection, repair, and maintenance (IRM) of underwater installations
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Antler
VC Fund · Singapore, Central Region, Singapore · 5 investments in Norway Sustainability 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: 935
  • Round size: Seed $362k–$5.8M; Pre-Seed $100k–$1.3M; Series A $4.6M–$29M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely actively investing — fresh fund, raised $72M in 2024

Portfolio highlights

  • Gyodi
  • Pathzero — Pathzero's carbon management platform enables any business to start disclosing corporate carbon emissions and the actions being taken to address them.
  • Unseen — Unseen is a market intelligence platform for commercial real estate.
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Speedinvest
VC Fund · Vienna, Wien, Austria · 4 investments in Norway Sustainability 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: Germany, United Kingdom, Austria

Investor stats

  • Total investments: 518
  • Round size: Seed $823k–$8M; Pre-Seed $406k–$3.8M; Series A $3.7M–$38M
  • Lead/follow: 42% lead, 58% 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!
  • MinersAI — Unlock valuable insights from intricate geological data with Miners AI. Our AI-driven platform empowers exploration teams to make informed decisions and optimize mining operations.
  • Primer — Primer is the first open automation platform for payments, enabling you to build end-to-end payment flows with no code, and a checkout developers love.
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Nysnø
VC Fund · Stavanger, Rogaland, Norway · 4 investments in Norway Sustainability 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: 30
  • Round size: Series A $5M–$23M; Series B $5.5M–$44M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Ofiniti — Ofiniti is a platform designed for businesses to streamline operations through digital maritime fuel distribution. Ofiniti's platform offers solutions that bridge the digital gap between fuel suppliers and consumers, improving the efficiency of marine fuel bunkering operations. Ofiniti works to enhance operational performance within themaritime sector by integrating technology into traditional industries.
  • 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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RunwayFBU
VC Fund · Fornebu, Akershus, Norway · 4 investments in Norway Sustainability 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: 24
  • Round size: Seed $971k–$6.2M; Pre-Seed $551k–$2M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: Likely still investing — raised $33M in 2021

Portfolio highlights

  • Fortifai — Increase efficiency and oversight on Environmental, Social, & Governance (ESG) topics - reduce implementation costs by up to 80%, and get set up in 30-60 days.
  • Muybridge — Reimagining cameras with weightless software-based viewpoint
  • Phantasma Labs — That Unlocks Hidden Capacity, Boosts EBITDA, and Delivers ROI in 6 Months
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Shell Ventures
VC Fund · Rijswijk, Zuid-Holland, The Netherlands · 3 investments in Norway Sustainability 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: 155
  • Round size: Series A $6M–$30M; Series B $3M–$126M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Kespry — Firmatek provides end-to-end insights for heavy industry through expert field services, drone mapping, and software that turns data into confident decisions.
  • ElectronX — ElectronX is an electricity demand grows and the grid rapidly shifts to intermittent renewable energy sources.
  • Innowatts — Innowatts is a data analytics and energy transition leader who uses energy usage data, insights and best-in-class machine learning to help energy retailers and utilities from around the world manage their grids, profitability, customer relationships and sustainability goals in a digitalizing, decarbonizing, and electrifying world. To date, theInnowatts eUtility™ technology platform has leveraged data from more than 34 million meters to help energy providers ensure grid reliability, anticipate trends, secure profitability, and promote sustainability — advancing and creating a more personalized energy experience for their customers. For more information, please visit www.innowatts.com.
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SINTEF Venture AS
VC Fund · Trondheim, Sor-Trondelag, Norway · 3 investments in Norway Sustainability 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: 28
  • Round size: Seed $160k–$5.1M; Pre-Seed $373k–$762k
  • Lead/follow: 39% lead, 61% 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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Chris Murphy
Angel · Stockholm, Stockholms Lan, Sweden · 3 investments in Norway Sustainability 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, Denmark

Investor stats

  • Total investments: 61
  • Round size: Seed $1.8M–$9.9M; Pre-Seed $1.7M–$3.3M; Series A $7.5M–$35M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zero — Protect your devices and gain access to websites. Round-the-clock customer support. VPN for Windows, Android, macOS, iOS, and routers. Free trial period.
  • 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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Access 48,091 investors

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

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Alliance VC
VC Fund · Oslo, Oslo, Norway · 3 investments in Norway Sustainability startups

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders with global ambitions. Offices in Oslo, Stockholm, Copenhagen and Helsinki.

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $1.3M–$5M; Series A $1.8M–$24M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Endform
  • Newcode.ai
  • 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.
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Blue Bear Capital
VC Fund · Beverly Hills, California, United States · 3 investments in Norway Sustainability startups

Explore AI solutions for energy challenges. Invest in a sustainable future with Blue Bear Capital. Learn more today!

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed
  • Geography: United States, Germany, The Netherlands

Investor stats

  • Total investments: 76
  • Round size: Seed $1.5M–$3.5M; Series A $5.5M–$18M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Delos Insurance — An insurance company which uses advanced technology and artificial intelligence to protect California homeowners from wildfires.
  • Demex — The Demex Group is a technology company that customizes and delivers climate-resilience through financial risk solutions on a global scale.
  • Urbint — Urbint uses artificial intelligence to predict threats to workers and critical infrastructure and stop incidents before they happen.
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Voyagers
VC Fund · London, England, United Kingdom · 3 investments in Norway Sustainability 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: 23
  • 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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Ferd
VC Fund · Lysaker, Akershus, Norway · 2 investments in Norway Sustainability startups

Ferd er et familieeid investeringsselskap som er eid av femte og sjette generasjon Andresen.

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Investment focus

  • Industry: Software, Energy, Information Technology
  • Stage:Private Equity, Series A
  • Geography: Norway, Sweden, United States

Investor stats

  • Total investments: 58
  • Round size: Series A $2.2M–$13M; Private Equity $11M–$14M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — last raise in 2005

Portfolio highlights

  • wheel.me — The first and only autonomous wheel in the world. The innovation transforms anything into an autonomous mobile robot with minimal effort and without the need to alter its design or form. The company was founded in 2013 and is headquartered in Oslo, Norway.
  • 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.
  • Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
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Singularity
VC Fund · 2 investments in Norway Sustainability 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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Luminar Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Norway Sustainability 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: 61
  • 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

  • Berget AI — Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs.
  • RedpineAI — RedpineAI provides a new data infrastructure for AI development. The platform gives companies building AI and autonomous agents access to high-quality, multi-modal, and domain-specific datasets.
  • Photoncycle — The year-round solar energy system for heating and electricity
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Sondo Capital
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Sustainability 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: 16
  • Round size: Seed $2.1M–$5.1M; Pre-Seed $660k–$2M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Starflow — Starflow goal is to create a scalable energy system that helps people achieve energy independence.
  • 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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Aidiom
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Sustainability 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, Industrial, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Norway, Czech Republic

Investor stats

  • Total investments: 5
  • Round size: Pre-Seed $590k–$1.1M
  • Lead/follow: 40% lead, 60% 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
  • Intelecy — Turn your data into valuable insight for process optimization and achieve sustainable production. By using Intelecy, you can build your own powerful no-code machine learning models in minutes without a single line of code!
  • Aevy — Turn your renewable asset documents into profitable decisions
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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Sustainability startups

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

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Investment focus

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

Investor stats

  • Total investments: 55
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $336k–$3.3M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Stendr
  • Deckmatch — Tooling to drink from the firehose of data, that is your top of funnel (TOFU)
  • Take Take Take — Fantasy Chess is a platform that allows users to pick teams of real-world chess players, track their performance in tournaments, and receive points based on their achievement.
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Vinyl Capital
VC Fund · Boston, Massachusetts, United States · 2 investments in Norway Sustainability startups

Investing in the future of how people buy stuff.

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Investment focus

  • Industry: E-Commerce, Software, Analytics
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 21
  • Lead/follow: no public data

Portfolio highlights

  • Koverly — Leading B2B global payments solution that provides flexible options to pay over time and saves businesses up to 50% on foreign exchange fees.
  • Two Boxes — The future of optimized and sustainable ecommerce returns has arrived. Two Boxes powers the processing of returns and captures critical data from the returns process, no matter the SKU count or SOP.
  • Treat AI — Generate more targeted creative in less time to maximize engagement and conversions.
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Eviny Ventures
VC Fund · Bergen, Hordaland, Norway · 2 investments in Norway Sustainability 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: PaaS, SaaS, Solar
  • Stage:Seed, Series A
  • Geography: Norway

Investor stats

  • Total investments: 6
  • Round size: Seed $5.4M–$5.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Appfarm — Quickest way to develop apps
  • 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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Valinor AS
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway Sustainability 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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Amadeus Ventures
VC Fund · Madrid, Madrid, Spain · 2 investments in Norway Sustainability startups

Explore Amadeus Ventures for cutting-edge innovations in travel. Discover groundbreaking startups and technologies shaping the future of the travel industry.

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Investment focus

  • Industry: Software, Travel, Mobile
  • Stage:Seed, Series A
  • Geography: United States, Spain, Canada

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Busbud — Travel the world by bus. Compare and easily book bus tickets from thousands of bus companies for your next destination with Busbud.
  • Chooose — Accelerate your sustainable aviation fuel program with Chooose's software. Manage, report on, and scale your SAF initiatives effectively. Learn more!
  • Eccocar — Launch, operate and scale your digital shared mobility services. Technology that takes mobility to the next level!
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Petter Stordalen
Angel · 2 investments in Norway Sustainability startups

Petter Stordalen

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Investment focus

  • Industry: Apps, Energy, Customer Service
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Tibber — Tibber is a digital electricity supplier that offers smart solutions to minimize their customers’ consumption and costs. Its vision is to make sustainable energy consumption simple and affordable for all households. Tibber's mission is to reduce the residential electricity consumption for European households by 20 %. Founded in Norway andSweden in 2016, the company has expanded its offer to Sweden and Germany where it powers hundreds of thousands of homes. Tibber replaces traditional utilities with smart technology, supplying its customers with renewable energy at fair and transparent prices. In addition, its app provides real-time analytics into energy usage, and pairs with a variety of smart home devices to reduce electricity consumption at home. The company sells tech-gadgets in their online store and recently was licensed to balance the main power grid in Sweden with EVs.
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Lyse Group
VC Fund · Stavanger, Rogaland, Norway · 2 investments in Norway Sustainability startups

Lyse er et norsk energi- og telekomkonsern som leverer produkter under merkevarene Altibox, ice og Lyse.

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Investment focus

  • Industry: SaaS, Water, Analytics
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • 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.
  • Amina Charging — Amina Charging develops high-quality and easy-to-use chargers for the mass market.
  • Heimdall Power — Heimdall Power helps utilities optimize the power grid with state-of-the-art sensors and software, enabling real-time capacity management and situational awareness for a more efficient and reliable energy system.
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Contrarian Ventures
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 2 investments in Norway Sustainability startups

We are a hands-on, community-focused and founders vetted early-stage sustainable energy transition focused VC in Europe & Israel

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Investment focus

  • Industry: Software, Renewable Energy, Energy
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Lithuania, United Kingdom, France

Investor stats

  • Total investments: 53
  • Round size: Seed $274k–$8M; Pre-Seed $55k–$4.1M; Series A $1.7M–$15M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Eliq — Energy data platform for utilities combining customer insights and operational intelligence to improve service, reduce churn and grow revenue.
  • PVcase — From site selection and design to yield optimization; PVcase helps streamline your entire process.
  • Urbio — Intuitive online software for urban energy planning and design. Urbio helps energy providers, utilities, consultants and real estate companies save time and money with generative design and digital twins.
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Arkwright X
VC Fund · Oslo, Oslo, Norway · 2 investments in Norway Sustainability startups

Leading Nordic venture capital firm investing in early-stage B2B startups

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 21
  • Round size: Seed $1.2M–$5.6M; Pre-Seed $93k–$2.8M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Qurrent — Qurrent provides intelligent software solutions that optimize, regulate, and automate the trading of decentralized renewable energy assets.
  • Economic Mind — Economic Mind provides a bottom-up digital twin of the global economy. Access insights for over 100.000 markets, 10 million companies, 250 countries and 1000+ industries using the Economic Mind Strategy Portal.
  • Kvist Solutions — Kvist Solutions tilbyr programvare som forenkler BREEAM sertifisering. Vi gir deg oversikt over hele prosjektet, slik at veien til sertifisering blir oversiktlig og forutsigbar.
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Loyal VC
VC Fund · Toronto, Ontario, Canada · 2 investments in Norway Sustainability startups

Loyal runs a global venture fund with quarterly redemptions and a proprietary gate-stage process, reducing investment bias and unlocking greater returns. Partnered with INSEAD, Founder Institute, and 500+ advisors, we are Loyal to the world with 250+ investments in 50+ countries.

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Investment focus

  • Industry: Artificial Intelligence, Software, E-Commerce
  • Stage:Pre-Seed, Seed
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 146
  • Round size: Seed $78k–$3.1M; Pre-Seed $110k–$1M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Peerby Classic — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
  • Zobi — Zobi’s not just Artificial Intelligence, it’s Home Intelligence. Our smart, brand-agnostic solutions take a holistic view of homes - people, devices, networks, habits. They build an anonymous profile for each home, then use that intel to spot unusual behaviour and stop cybercriminals.
  • Finverity — Finverity provides technology, working capital and expertise to give banks, NBFIs, financiers and companies a strategic advantage in supply chain finance
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Lifeline Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Norway Sustainability 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: 178
  • Round size: Seed $547k–$5.4M; Series A $2.7M–$20M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $171M in 2023

Portfolio highlights

  • ICEYE — Gain access to timely and reliable SAR imaging from the world's leading New Space SAR satellite constellation.
  • Carbo Culture — We are a project developer with proprietary climate technology. We are building a rapidly scalable biochar carbon removal solution.
  • 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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Saudi Aramco Energy Ventures
VC Fund · Dhahran, Ash Sharqiyah, Saudi Arabia · 2 investments in Norway Sustainability startups

Saudi Aramco Energy Ventures is the corporate venture capital arm of Aramco Oil Company. It's mission is to invest globally into start-up and high growth companies with technologies of strategic importance to Saudi Aramco, and to accelerate their development and deployment in Saudi Aramco’s operations. Based out of Dhahran (Saudi Arabia),SAEV also operates through regional offices in North America and Europe. SAEV's Objectives are: - Enhance reserve identification, management and production - Increase energy production - Improve operational efficiency - Increase value in downstream processes - Optimize energy & water consumption in Saudi ArabiaSAEV's investment Focus Areas are: - Upstream Oil & Gas - Downstream & Petrochemicals - Sustainability - Digitalization and IR4.0 - New Drivers of Hydrocarbon Demand

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Investment focus

  • Industry: Energy, Oil and Gas, Software
  • Stage:Series B, Series C
  • Geography: United States, Norway, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Series B $4M–$58M; Series C $10M–$110M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2020

Portfolio highlights

  • Novomer — Novomer is a new materials company pioneering a family of competitively priced high-performance green plastics, polymers and other chemicals. With proprietary catalytic technology and a world-class scientific team, Novomer's groundbreaking technology allows carbon dioxide and other renewable materials to be cost-effectively transformed intopolymers, plastics and other chemicals for a wide variety of industrial markets.It was founded in 2004 and headquartered in Waltham, Massachusetts.
  • 908 Devices — Revolutionizing chemical analysis with simple handheld devices that provide rapid answers at the point-of-need in vital health and safety applications.
  • Data Gumbo — Data Gumbo is the smart contract company trusted by global industrial enterprises. The only network of enterprises and their customers, suppliers and vendors that successfully incorporates real-time sensor level and field data to validate transactions, GumboNet™ reduces costs by more than 10% for all network members by automatically eliminatingpayment delays, disputes and complicated reconciliations.To date, Data Gumbo has received equity funding with Saudi Aramco Energy Ventures, the venture subsidiary of Saudi Aramco; Equinor Ventures, the venture subsidiary of Equinor, Norway’s leading energy operator; and L37, a hybrid venture capital and private equity company. Data Gumbo is headquartered in Houston, Texas, with global offices in Stavanger, Norway, and London, UK. For more information, visit www.datagumbo.com.
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Statkraft Ventures
VC Fund · Düsseldorf, Nordrhein-Westfalen, Germany · 2 investments in Norway Sustainability 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 A, Series B
  • Geography: Norway, France, Germany

Investor stats

  • Total investments: 47
  • Round size: Series A $3.2M–$23M; Series B $8.5M–$115M
  • Lead/follow: 43% lead, 57% 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.
  • Fluctuo — Keeping track of all the new mobility services requires a constant monitoring process, a reliable and exhaustive data source and a complete set of analytics tools.By providing powerful SAAS solutions to collect, analyze and visualize data, fluctuo reduces the time, efforts and costs to supervise & manage this new generation of transportationservices.
  • Betterspace — Betterspace is innovative and holistic solution provider for the reliable and efficient digitization in the hotel industry. Betterspace is 360 ° solution provider for the digitization of hotels. Their goal is to partner with in intelligent and smart software as part of digitization and to simplify day-to-day work as a hotelier. They ensureincreased sales, reduced operating costs and optimized operating processes in hotel.
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Wiski Capital
VC Fund · Trondheim, Sor-Trondelag, Norway · 2 investments in Norway Sustainability startups

Venture capital firm focused on tech startups.

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Investment focus

  • Industry: Software, Energy, Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 11
  • Round size: Seed $740k–$7.7M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • Evyon — Eyvon is an electrical company that provides EV battery solutions to accelerate into a fully renewable future for everyone. The company's proprietary hardware and Battery Cloud ecosystem enable the conversion of EV batteries into high-quality, affordable, and plug-and-play battery energy storage systems.Eyvon's mission is to convertbattery waste into high-quality battery systems by repurposing discarded EV batteries. By leveraging a standardized and data-driven value chain, their ambition is to provide solutions at less than half the price of new ones.It was founded in 2020 and is based in Oslo, Norway.
  • Cubit — No more old-school and time consuming applications made in the 90s. Welcome to the new generation of professional software, as user-friendly and smooth as your smartphone.
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Lionheart Ventures
VC Fund · San Francisco, California, United States · 1 investments in Norway Sustainability startups

Lionheart Ventures is a global, seed-stage venture capital firm focused on mitigating civilizational risk. We do this by supporting the wise development of transformative technologies. Our main areas of investment focus are transformative artificial intelligence and frontier mental health technologies.Leading academics estimate a 1-in-6 chance ofhuman extinction by the year 2100, largely driven by risks from emerging technologies. And now, with the exponential growth of AI, predictions are getting worse. Our startups are part of the solution. We invest in exceptional, ethical founders who are developing transformative technologies that have the potential to impact humanity on a meaningful scale, while generating attractive returns for our LPs.

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Investment focus

  • Industry: Health Care, Biotechnology, Wellness
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Xylo Bio — Psylo is an Australia-based psychedelic biotech business focusing on Psychedelic-inspired medicine to treat mental illness.
  • Piramidal — Piramidal offers artificial intelligence software that transforms brain activity into easy-to-understand health data to help diagnose neurological diseases.
  • Clerkenwell Health — Clerkenwell Health addresses the growing unmet demand for effective mental health treatments.
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Climate Investment
VC Fund · London, England, United Kingdom · 1 investments in Norway Sustainability startups, 9 in the past 12 months

OGCI Climate Investments focuses on delivering the transition to lower carbon emission energy sources. The leaders of the ten major oil and gas companies are committed to the direction set out by the Paris Agreement on climate change. They support its agenda for global action and the need for urgency. Through their collaboration in Oil and GasClimate Initiative (OGCI), they can be a catalyst for change in their industry and more widely.OGCI aims to increase the ambition, speed and scale of the initiatives they undertake as individual companies to reduce the greenhouse gas footprint of their core oil and gas business – and to explore new businesses and technologies.

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Investment focus

  • Industry: Energy, CleanTech, Manufacturing
  • Stage:Series B, Series A, Series C
  • Geography: United States, Canada, Spain

Investor stats

  • Total investments: 59
  • Lead/follow: no public data

Portfolio highlights

  • LuxWall — LuxWall is accelerating the global transition to net zero by upgrading windows and glass into transparent insulation for buildings.
  • Cyclic Materials — Cyclic Materials has created the first circular supply chain for rare earth elements with the goal of helping the world transition to an environmentally responsible future.
  • Urbint — Urbint uses artificial intelligence to predict threats to workers and critical infrastructure and stop incidents before they happen.
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547 Energy
VC Fund · Houston, Texas, United States · 1 investments in Norway Sustainability startups

547 Energy is a clean energy investment platform focusing on the energy industry. The platform also focuses on cleantech, renewable power, energy efficiency, grid resilience, or the digitalization of the energy sector. They provide a deep bench of investment acumen and industry knowledge, with decades of experience in developing, financing andoperating global energy projects.

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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: no public data

Portfolio highlights

  • Aer Soleir — We are developing best-in-class, large-scale onshore wind, solar, and energy storage projects that will provide material, long-lasting economic benefits to
  • Glint Solar — Enabling developers to identify and analyze the best solar sites
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FJ Labs
VC Fund · New York, New York, United States · 1 investments in Norway Sustainability startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 743
  • Lead/follow: no public data

Portfolio highlights

  • Secfi — Secfi is the leading provider of equity education and stock option financing. Get the expertise, planning, and cash to own your startup stock options with confidence.
  • Clutch — Clutch is a Toronto-based technology company that is reinventing the way people buy and own cars. Clutch offers high-quality certified vehicles at great prices through a fully online customer experience. At Clutch.ca, customers browse inventory online, buy the car that’s right for them, and enjoy effortless at-home delivery. Clutch’s mission is toprovide customers with a delightful car buying experience by offering high-quality cars at great prices with ultimate convenience while making a positive impact on the communities in which it operates.
  • Transparency Analytics — Transparency Analytics is a new company dedicated to measuring risk and delivering transparent, technology-driven solutions for clients in the evolving world of private credit.
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Ecosystem Integrity Fund
VC Fund · San Francisco, California, United States · 1 investments in Norway Sustainability startups

The Ecosystem Integrity Fund (“EIF”) is a venture capital firm that invests in early-stage companies contributing to environmental sustainability. It seeks to demonstrate that there is no trade-off between having a positive impact and achieving outstanding financial returns. The movement toward environmental sustainability is making incrementalimprovements to the largest industries in the world. Over the next several decades, the economy will be transformed by this movement.Sustainability is fundamentally about making things better: more efficient, more functional, less toxic, less costly. This is the next phase of the Industrial Revolution.

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Series A, Series B
  • Geography: United States, Norway, Rwanda

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Liminal — Advanced battery inspection and metrology with ultrasound and machine learning
  • Battery Smart — Battery Smart provides advanced Li-ion batteries to e-rickshaws. Battery Smart develops a retrofittable 48V Li-ion twin battery system that is compatible with all major electric rickshaw (e3w) models.
  • Vibrant Planet — Data-driven science and cloud-based technology to help make communities and ecosystems more resilient in the face of climate change.
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David Rowan
Angel · London, England, United Kingdom · 1 investments in Norway Sustainability 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, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Germany, Croatia

Investor stats

  • Total investments: 24
  • Lead/follow: no public data

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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Schibsted
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Norway Sustainability startups

A global family of digital consumer brands leading the way across media, online marketplaces and technology ventures.

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Investment focus

  • Industry: E-Commerce, Apps, Music
  • Stage:Seed, Series A, Series C
  • Geography: Norway, Sweden

Investor stats

  • Total investments: 6
  • Lead/follow: no public data

Portfolio highlights

  • Nomono — Nomono delivers studio-grade spoken audio with next-gen wireless tools. Record anywhere, auto-enhance with AI, and edit in the cloud - trusted by storytellers
  • Tings — Tings is a mobile app that helps people to organize and retain, and sell non-required recyclable and used merchandise.
  • Ingrid — Ingrid was founded with a mission to create delivery experiences that fit people's lives by letting e-commerce businesses deliver sustainable growth and giving shoppers the power to personalize delivery and returns. The result is a better overall customer experience and greater efficiency for both the retailer and the delivery carrier.
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General Motors Ventures
VC Fund · Warren, Michigan, United States · 1 investments in Norway Sustainability startups, 6 in the past 12 months

GM Ventures combines investing in automotive-related tech startups with General Motors support to drive innovation and advance the future of mobility.

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Investment focus

  • Industry: Automotive, Software, Energy
  • Stage:Series C, Series A
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 95
  • Lead/follow: no public data

Portfolio highlights

  • Seurat Technologies — Seurat Technologies, Inc. was incorporated in 2015. Main offices in Wilmington, MA
  • Silverfort — Silverfort offers a revolutionary agentless and proxyless authentication platform for enterprises. It extends Multi-Factor Authentication, Risk-Based Authentication and Zero Trust policies in a unified, AI-driven manner across all corporate users, devices and systems, both on-premise and in the cloud, without requiring any modifications toendpoints and servers. That includes systems that couldn't be protected before, such as homegrown applications, legacy systems, IT/OT infrastructure, file shares, command-line tools, machine-to-machine access (service accounts) and more. Silverfort allows companies to detect and prevent identity based attacks (including account compromise, lateral movement, brute force, password spraying and more), achieve compliance with regulations like PCI DSS, NIST and HIPAA, and securely migrate servers and applications to the cloud without modifying them.
  • Niron Magnetics — 01 Strong Magnetic Field Lorem ipsum dolor sit amet, consectetur adipiscing elit....
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DNB Ventures
VC Fund · Oslo, Oslo, Norway · 1 investments in Norway Sustainability startups

DNB Ventures is the Corporate Venture Capital arm of the Norwegian DNB group.

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Investment focus

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

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Star Bulk — Star Bulk is a leading global dry bulk shipping company which owns and operates a modern and diverse dry bulk fleet.
  • Celsia — Saas, CleanTech, Software, Information Technology, Technology, RegTech
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Akershus Energi
VC Fund · Rånåsfoss, Akershus, Norway · 1 investments in Norway Sustainability startups

- Inspirert av framtida

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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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Birger Magnus
Angel · 1 investments in Norway Sustainability startups

Birger Magnus

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Investment focus

  • Industry: Software, Wind Energy, Machine Learning
  • Stage:Seed
  • Geography: Norway

Investor stats

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

Portfolio highlights

  • Spoor — Spoor's software uses advanced computer vision and AI to detect, track, and classify birds at wind farms
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Momentum Partners
VC Fund · San Francisco, California, United States · 1 investments in Norway Sustainability 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: AgTech, Agriculture, Internet of Things
  • Geography: Norway

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Nofence — The world's first digital fence system. With our solution, you get control of your pasture and herd while you're on the move, through our app.
  • 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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Brighteye Ventures
VC Fund · Paris, Ile-de-France, France · 1 investments in Norway Sustainability 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, E-Learning, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, France, Spain

Investor stats

  • Total investments: 53
  • Lead/follow: no public data

Portfolio highlights

  • 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 !!
  • Installer — the OS for installer networks
  • La Solive — La Solive provides professional course training services. They offer courses for energy renovation, vocational training, professional retraining, ecological transition, professions of the future, and concrete professions.
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EMOS
VC Fund · Silava, Preilu, Latvia · 1 investments in Norway Sustainability 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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Penny Venture
VC Fund · 1 investments in Norway Sustainability startups

Penny Venture is a venture company investing in high growth, entrepreneurial led start-ups

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Investment focus

  • Industry: B2B, Fuel, Energy
  • Stage:Pre-Seed
  • Geography: Norway

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $400k–$724k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vignita — Vignita offers a social learning platform for skilled workers. The Norwegian startup gathers all forms of training into one platform, connecting companies with experts and technology so that they can effectively collaborate to train professionals.
  • Powerzeek — Powerzeek is a platform company making it easy for the transport sector to find, buy and use cleaner fuels. The company's market is the $150 billion+ maritime fuel and $1 trillion+ land based fuel sector. Powerzeek´s customers are shipping companies and trucking companies buying fuel for their ships and trucks respectively, andoil/gas/energy companies selling fuel. The company meets several of UN´s SDG goals, is generating revenue today, and has many of the world's largest suppliers of LNG and methanol amongst its community members.
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EDFI ElectriFI
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Norway Sustainability startups

Impact investment in sustainable energy

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Investment focus

  • Industry: Energy, Solar, Renewable Energy
  • Stage:Debt Financing, Series A
  • Geography: United States, Kenya, Nigeria

Investor stats

  • Total investments: 57
  • Lead/follow: no public data

Portfolio highlights

  • WeLight — WeLight deploys sustainable and accessible solutions to accelerate energy inclusion in rural areas of Africa.
  • Sistema.bio — Sistema.bio is a biodigester with biogas appliances. High efficiency biodigesters transform organic waste into renewable biogas.
  • Amped Innovation — At Amped Innovation, we design breakthrough products for people living on less than four dollars per day. Our first product, the Blossom, is a solar home power system which is the lowest-cost and highest-performance product in its class, at one third the price and twice the power handling of competing systems. We built the Blossom with asoftware-enabled Pay-As-You-Go interface, which allows customers to purchase it in payment installments that are equivalent to what they currently spend on kerosene, while providing much more light, cell-phone charging, and ability to run appliances like televisions and sewing machines.
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ETF Partners
VC Fund · London, England, United Kingdom · 1 investments in Norway Sustainability startups, 9 in the past 12 months

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, SaaS
  • Stage:Series A, Series B
  • Geography: United Kingdom, France, Norway

Investor stats

  • Total investments: 66
  • Lead/follow: no public data

Portfolio highlights

  • Flyability — Flyability is an EPFL spin-off dedicated to creating safe, collision-tolerant robotics to access inaccessible places, replacing dangerous human operations with unmanned devices.
  • Worldsensing — Welcome to the home of IoT wireless monitoring for critical infrastructures. Find out how we use technology to improve your safety every day.
  • Dexter Energy Services — Forecast & Trade Optimization. Powered By A.I.
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Sustainability Investor funding in Norway at a glance

Stats across 13 deals from 18 investors.

18
investors
in Norway Sustainability startups
13
deals
in Norway Sustainability startups
$10M
median round
in Norway Sustainability startups
44%
lead investors
lead at least one round
15%
Private Equity
most common funding stage
100/0
VC / Angel
share of investor count

Access all 18 investors in Norway Sustainability startups.

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