# Top 5 Clean Energy VC (Venture Capital) Funds in Norway in May 2026

## Investinor
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Biotechnology, Manufacturing

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.

## Michiko
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Fuel, Energy, Shipping

Michiko is a family holding company of Dag Lilletvedt

## Link Venture Capital
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Renewable Energy

Link Venture Capital operates a series of early-stage investment funds.

## Penny Venture
- Type: VC Fund
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: B2B, Fuel, Energy

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

## EV Private Equity
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: Oil and Gas, Energy, Software

Committed to building world-class companies.

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