# Top 50 Energy Startup Investors in Norway in May 2026

## ProVenture
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 11
- Stages: Seed, Series A
- Focus: Oil and Gas, Software, Information Technology

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).

## Investinor
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 9
- 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.

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Information Technology, SaaS

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

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is one of Europe’s most active early-stage investors, with more than €1bn AUM, 40 investors, and offices in Berlin, London, Munich, Paris, Vienna and San Francisco. Your success is our priority, so we don’t just send some money and "check in" at board meetings. Our mission is to empower you with game-changing support throughevery stage of your journey. Our focused investment teams know your industry inside and out. Their Deep Tech, Fintech, Industrial Tech, Network Effects, Digital Health and Subscriptions experience, know-how and deep networks are yours from day one. You also have full access to our in-house Platform+ team of operational experts who can provide tailored growth marketing, people (HR), US business development, and networking support throughout every stage of your journey.

## SINTEF Venture AS
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Manufacturing, Software, Energy

SINTEF TTO & Venture invest in spin-off companies from SINTEF, NTNU and other research based institutions in Norway. Our dealflow reflect results from state-of-art research and cover a variety of sectors.
SINTEF Venture seek to co-invest with VC funds with sector expertise at an early stage.

## RunwayFBU
- Type: VC Fund
- Location: Fornebu, Akershus, Norway
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, B2B

An early stage VC fund that invests in software-driven technology companies built by ambitious entrepreneurs.

## Voyagers
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: B2B, Biotechnology, Machinery Manufacturing

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.

## Momentum
- Type: VC Fund
- Location: Bergen, Hordaland, Norway
- Relevant deals: 3
- Stages: Seed
- Focus: Manufacturing, AgTech, Consumer

Momentum Partners clear ambition is to build the leading consulting environment in Western Norway within our service. They create value and growth for their clients through a wide range of services with an operational approach to strategy development and profitability improvement.

## Chris Murphy
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

Chris Murphy is a Venture Partner at MS&AD Ventures. He previously worked at SaaStock and attended Dublin City University.

## Link Venture Capital
- Type: VC Fund
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Renewable Energy

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

## Alliance
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, Analytics

Alliance Venture is a Nordic venture capital firm investing in exceptional early-stage tech companies and purpose-driven founders.

## Shell Ventures
- Type: VC Fund
- Location: Rijswijk, Zuid-Holland, The Netherlands
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Energy, Renewable Energy, Software

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

## Blue Bear Capital
- Type: VC Fund
- Location: Beverly Hills, California, United States
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, SaaS, Information Technology

Blue Bear Capital is a venture capital investor supporting companies that apply AI and data-driven technologies to energy infrastructures. The firm specializes in the fields of venture capital, financial services, and clean energy investments.
It was founded in 2016 and headquartered in Beverly Hills, California.

## Saudi Aramco Energy Ventures
- Type: VC Fund
- Location: Dhahran, Ash Sharqiyah, Saudi Arabia
- Relevant deals: 3
- Stages: Series C, Series B
- Focus: Energy, Oil and Gas, Software

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

## Amadeus Ventures
- Type: VC Fund
- Location: Madrid, Madrid, Spain
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Travel, Mobile

Amadeus Ventures is the strategic funding program from Amadeus to invest in early stage startups focusing on the travel industry.

## Loyal VC
- Type: VC Fund
- Location: Toronto, Ontario, Canada
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Software, Artificial Intelligence, E-Commerce

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.

## Lyse Group
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 2
- Stages: Seed
- Focus: SaaS, Water, Analytics

Lyse er et norsk industrikonsern med virksomhet innen energi, telekommunikasjon og infrastruktur.

## Wiski Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed
- Focus: Software, AgTech, Energy

Venture capital firm focused on tech startups.

## Petter Stordalen
- Type: Angel
- Relevant deals: 2
- Focus: Apps, Energy, Customer Service

Petter Stordalen

## Singularity
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Convertible Note
- Focus: SaaS, Software, CleanTech

Luxembourg-based family office

## Ferd
- Type: VC Fund
- Location: Lysaker, Akershus, Norway
- Relevant deals: 2
- Stages: Private Equity, Post-IPO Equity
- Focus: Energy, Software, Manufacturing

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

## Vinyl Capital
- Type: VC Fund
- Location: Boston, Massachusetts, United States
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: E-Commerce, Software, Analytics

Investing in the future of how people buy stuff.

## Valinor AS
- Type: VC Fund
- Location: Stavanger, Rogaland, Norway
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Renewable Energy, Robotics, SaaS

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.

## Statkraft Ventures
- Type: VC Fund
- Location: Düsseldorf, Nordrhein-Westfalen, Germany
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Big Data, Information Technology

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

## Contrarian Ventures
- Type: VC Fund
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Energy

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

## General Motors Ventures
- Type: VC Fund
- Location: Warren, Michigan, United States
- Relevant deals: 1
- Stages: Series A, Series B
- Focus: Automotive, Software, Energy

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

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

Michiko is a family holding company of Dag Lilletvedt

## Bonheur ASA
- Type: VC Fund
- Relevant deals: 1
- Stages: Series A, Pre-Seed
- Focus: SaaS, Energy, Software

Bonheur ASA is a publicly traded Norwegian holding company headquartered in Oslo.

## Skagerak Energi
- Type: VC Fund
- Location: Porsgrunn, Telemark, Norway
- Relevant deals: 1
- Stages: Seed
- Focus: Energy, Battery, Electronics

Skagerak Energi is a future-oriented supplier of clean energy for welfare, growth and development.

## CoFounder
- Type: VC Fund
- Location: Trondheim, Sor-Trondelag, Norway
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Manufacturing, Industrial, SaaS

CoFounder is a management and investment company for technology companies with great growth potential.
They are experienced entrepreneurs and business developers who provide management resources and early-stage capital. They work with spin-offs from both research and industrial environments, as well as standalone entrepreneurial companies.

## Akershus Energi
- Type: VC Fund
- Location: Rånåsfoss, Akershus, Norway
- Relevant deals: 1
- Focus: Solar, Energy, CleanTech

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.

## Sound Ventures
- Type: VC Fund
- Location: Beverly Hills, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

Sound Ventures is a venture capital firm that seeks to invest in the technology sector.

## VNV Global
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: E-Commerce, Health Care, Marketplace

VNV Global is an investment company with the business concept of using experience, expertise and a widespread network to identify and invest in assets with considerable potential for value appreciation. The company has a special focus on online marketplaces and businesses with strong network effects. The common shares of VNV Global are listed onNasdaq Stockholm, Mid Cap segment, with the ticker VNV.

## Fernando Lelo de Larrea H.
- Type: Angel
- Location: Mexico City, Distrito Federal, Mexico
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: E-Commerce, Financial Services, FinTech

As a relevant player in Mexico’s entrepreneurial ecosystem, Fernando isone of the most important and active early stage investors in Mexico. He hasextensive experience in operational and financial aspects of private equity,project finance, and managing growing businesses. Fernando co-founded ALLVP in 2012 and has since invested in over 24service-oriented companies in sectors such as healthcare, financial services, mobility, and e-commerce. Additionally, he co-founded NUMA México (formerly Venture Institute), the leading startup accelerator platform, and Fondeadora, LATAM´s pioneer crowdfunding platform that was sold to Kickstarter in 2016.After his tenure as COO and CFO of Umbral Capital, Fernando became CEO of the real estate private equity fund where he was responsible for managing USD$ 50M in capital commitments, and continued as Chairman of the Board after founding ALLVP. Before Umbral Capital, Fernando was Deputy Director of the Division of Energy and Project Finance in Protego
Asesores, now Evercore Partners.Fernando holds an MBA from Stanford GSB, an MA in Economics from London School of Economics, and a BA in Economics from ITAM.
Fernando has been active in Alternative Assets for more than 20 years, the last ten as founding partner of ALLVP.

## GenZero
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 1
- Stages: Series A
- Focus: Software, CleanTech, Developer APIs

GenZero is an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world. Wholly-owned by Temasek, GenZero has a flexible investment approach and will invest globally across three focus areas: technology-based solutions, nature-based solutions as well as carbon ecosystem enablers. GenZero seeks to deliver positive climate impact alongside long term sustainable financial returns.

## 547 Energy
- Type: VC Fund
- Location: Houston, Texas, United States
- Relevant deals: 1
- Stages: Seed, Private Equity
- Focus: Renewable Energy, Solar, Energy

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

## The Ingenious Group
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, B2B, Semiconductor

Ingenious is a specialist investment manager with extensive expertise in the media, real estate, infrastructure and education sectors.

## Climate Investment
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B, Series C, Series A
- Focus: Energy, CleanTech, Manufacturing

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.

## Aidiom
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Pre-Seed, Series A
- Focus: Software, Recycling, Construction

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

## Energy Capital Partners
- Type: VC Fund
- Location: Short Hills, New Jersey, United States
- Relevant deals: 1
- Stages: Private Equity, Series B
- Focus: Energy, Oil and Gas, Solar

ECP is a leading investor with a proven and established track record in power, renewables, storage and sustainability, and decarbonization infrastructure

## Firda
- Type: VC Fund
- Location: Oslo, Oslo, Norway
- Relevant deals: 1
- Stages: Seed

Firda is an investment company based in Norway, empowering Norwegian tech startups to become global leaders.

## Newday
- Type: VC Fund
- Location: Viken, Troms, Norway
- Relevant deals: 1
- Focus: Software, Food Processing, Waste Management

Newday is an investment firm that focuses on Norwegian companies. The company was founded in 2021 and is based in Ski, Viken.

## Wellstreet
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Software, Retail

Wellstreet is an innovation and tech ecosystem that includes an investment company, a strategic consultancy firm and a venture building incubator.

## All Iron Ventures
- Type: VC Fund
- Location: Bilbao, Pais Vasco, Spain
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Internet

All Iron Ventures partners up with bold founders promoting innovative startups. We mainly invest in the early stages of European companies that aspire to reshape the future of both consumers and enterprises through technology. We at All Iron Ventures have been and continue to be entrepreneurs. We know what it is to be a founder and empathize withthe challenges our partner founders face. We put our resources and experience creating, scaling and selling companies at their disposal to help them take their projects to the next level. Based in Bilbao, Spain, and with approximately €110Mn under management, All Iron Ventures was promoted by the founders of Ticketbis, a global marketplace sold to eBay in 2016, in what is one of the main success stories in Spain’s startup ecosystem.

## 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

## Golar LNG Partners
- Type: VC Fund
- Location: Hamilton, Hamilton, Bermuda
- Relevant deals: 1
- Focus: Energy, Industrial, Renewable Energy

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.

## 4impact
- Type: VC Fund
- Location: Netherlands, Missouri, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Marketplace

4impact was born out of our desire to increase the purpose of our work and help us give back. By backing tech4good technology startups with knowledge, experience, network, and funding, we can be a catalyst to a sustainable world.

## We Are Human
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Angel, Convertible Note
- Focus: SaaS, Mobile, Software

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.

## World Wildlife Fund
- Type: VC Fund
- Location: Washington, District of Columbia, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Seafood, Food Processing, Farming

World Wildlife Fund - The leading organization in wildlife conservation and endangered species. Learn how you can help WWF make a difference. 

## AVG Group
- Type: VC Fund
- Location: Lenzingerberg, Bayern, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Electronics, Manufacturing, Semiconductor

AVG Group specializes in renewable energy, nordic ESG, and impact investing services.

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