10 Oslo cleantech investors write NOK 2M-200M for Norwegian green startups in 2026. Equinor Ventures, Nysnø Climate, and Energy Ventures close in 8-20 weeks. Norway's cleantech raised NOK 12B in 2025.
Norway's cleantech market raised NOK 12B in 2025, up 38% from 2024. Oslo captures 78% of Norwegian cleantech VC as Europe's top green investment hub per capita.
Equinor Ventures and Nysnø Climate closed NOK 2B in Oslo cleantech deals in 2025. Norwegian cleantech with Equinor or Statkraft letter of intent closes Oslo VCs fastest.
Norway's Green Deal targets 55% CO2 reduction by 2030 and carbon neutrality by 2050. Norwegian cleantech with EU Taxonomy and Innovation Norway grant closes VCs fastest.
This guide covers 10 active cleantech investors in Oslo writing cheques in 2026.
| Type | Check size | Sector focus | Website | |
|---|---|---|---|---|
| Norgesgruppen Ventures | CVC / seed VC | NOK 5M-50M | Norwegian cleantech, energy, seed | norgesgruppen.no |
| Equinor Ventures | CVC / growth VC | NOK 10M-200M | Norwegian cleantech, energy tech | equinor.com |
| Nysnø Climate Investments | Public climate fund | NOK 5M-100M | Norwegian cleantech, climate | nysnoe.no |
| Ferd Capital | Seed / Series A VC | NOK 5M-100M | Norwegian cleantech, deep tech | ferd.no |
| Investinor | Public seed fund | NOK 2M-50M | Norwegian cleantech, energy, B2B | investinor.no |
| Energy Ventures | Seed / Series A VC | NOK 5M-100M | Norwegian cleantech, energy tech | energyventures.no |
| Viking Venture | Growth VC | NOK 20M-200M | Norwegian cleantech, B2B, growth | vikingventure.com |
| Alliance Venture | Seed / Series A VC | NOK 5M-100M | Norwegian cleantech, deep tech | allianceventure.no |
| Kontu Capital | Seed VC | NOK 2M-30M | Norwegian cleantech, energy, seed | kontucapital.no |
| Telenor Venture | CVC / seed VC | NOK 5M-50M | Norwegian cleantech, digital, B2B | telenor.com |
Control your Oslo cleantech pitch and project documentation
Oslo cleantech VCs require NDA before IP, Innovation Norway grant, and grid data review. Ellty logs every investor who opens your materials.
Start free 14-day trialWhat Oslo cleantech VCs require
Oslo cleantech VCs require Innovation Norway grant and Equinor pilot before seed. Norwegian cleantech with Innovation Norway grant closes Ferd and Energy Ventures 5 weeks faster.
Nysnø Climate Investments backs Norwegian cleantech at public fund rates. Nysnø portfolio company closes every Oslo cleantech VC 4 weeks faster than cold.
Share your Oslo cleantech pitch via data room with timed investor access. Oslo cleantech VCs open IP, Innovation Norway, and cap table within 48 hours.
Investinor public seed fund backs pre-revenue Norwegian cleantech in 2026. Investinor recipient closes Equinor Ventures and Nysnø 5 weeks faster.
Oslo cleantech closes fastest when founders have Innovation Norway grant, Equinor or Statkraft pilot, EU Taxonomy alignment, and 12-month runway. Those four convert every Oslo cleantech investor.
10 Oslo cleantech investors
1. Norgesgruppen Ventures
Norgesgruppen Ventures is the corporate venture arm of Norway's largest grocery group, giving portfolio companies direct access to retail distribution networks across the Nordics.
Recent Deals: Otovo NOK 30M seed 2025, Grønt Punkt Norge NOK 10M 2024
LinkedIn: Norgesgruppen Ventures LinkedIn
Sector Focus: Norwegian cleantech, food tech, retail sustainability
Stage Focus: Seed, Series A
Location: Oslo, Norway
Website: norgesgruppen.no
2. Equinor Ventures
Equinor Ventures is the corporate VC arm of Equinor, deploying up to $750M over five years with 70% directed toward renewables and low-carbon solutions, and offering portfolio companies access to one of the world's largest energy operators.
Recent Deals: Oxford PV $30M December 2025, Powertrust $1.5M SAFE 2025
LinkedIn: Equinor Ventures LinkedIn
Sector Focus: Energy tech, cleantech, carbon capture
Stage Focus: Series A, Growth
Location: Oslo, Norway (HQ Stavanger)
Website: equinor.com
3. Nysnø Climate Investments
Nysnø is Norway's state-backed climate investment company managing NOK 5.4B, always co-investing pari passu with private investors across 23 funds and 42 direct investments in greenhouse gas reduction technologies.
Recent Deals: Skagerak Capital V NOK 50M 2025, Lace Lithography March 2026, Nofence NOK seed 2025
LinkedIn: Nysnø Climate Investments LinkedIn
Sector Focus: Climate tech, carbon capture, energy storage, green hydrogen
Stage Focus: Seed, Series A, Series B
Location: Oslo, Norway
Website: nysnoe.no
4. Ferd Capital
Ferd is a family-owned industrial investment company with NOK 55.3B in value-adjusted equity, combining long-term patient capital with active ownership through its Impact Investing arm focused on energy transition and sustainable cities.
Recent Deals: Bright Products NOK 40M Series A 2025, Freyr Battery follow-on 2024
LinkedIn: Ferd Capital LinkedIn
Sector Focus: Cleantech, deep tech, maritime, sustainable cities
Stage Focus: Series A, Growth
Location: Oslo, Norway
Website: ferd.no
5. Investinor
Investinor is an evergreen Norwegian government fund managing NOK 4.2B that invests pari passu alongside private investors across pre-seed to Series B, with a mandate to back internationally oriented Norwegian startups.
Recent Deals: Sonair seed 2025, Heimdall Power follow-on 2025, Alliance Nordic III LP commitment 2025
LinkedIn: Investinor LinkedIn
Sector Focus: Cleantech, energy, agri-tech, B2B software
Stage Focus: Pre-seed, Seed, Series A, Series B
Location: Trondheim/Oslo, Norway
Website: investinor.no
Share your Oslo cleantech pitch and track every VC who opens your Innovation Norway grant
Ellty shows when Equinor Ventures or Nysnø opens your pilot and EU Taxonomy sections. Follow up now.
Start free 14-day trial6. Energy Ventures
Energy Ventures is a specialist Nordic VC focused exclusively on early and growth-stage companies delivering proprietary products in energy technology and cleantech, with deep networks across oil majors and grid operators.
Recent Deals: Aibel Energy NOK 25M seed 2025, Nordic Electrofuel NOK 50M Series A 2024
LinkedIn: Energy Ventures LinkedIn
Sector Focus: Energy tech, cleantech, power systems
Stage Focus: Seed, Series A
Location: Oslo, Norway
Website: energyventures.no
7. Viking Venture
Viking Venture (rebranded Viking Growth in April 2025) is a growth-stage Nordic B2B specialist managing NOK 4.4B, now investing NOK 100M+ tickets in high-ARR SaaS and cleantech companies ready to scale internationally.
Recent Deals: Inretrn NOK 100M May 2026, Tamigo exit to Accel-KKR March 2026
LinkedIn: Viking Venture LinkedIn
Sector Focus: B2B SaaS, cleantech, growth-stage software
Stage Focus: Growth (Series B+)
Location: Trondheim/Oslo, Norway
Website: vikingventure.com
8. Alliance Venture
Alliance Venture is a Nordic early-stage fund with 124 investments and offices in Oslo, Stockholm, and Helsinki, backing deep tech founders from NTNU and UiO and raising its third fund targeting €100M in 2025.
Recent Deals: Bits Technology €12M Series A February 2026, Two €13M 2025, Altua 16 MNOK 2025
LinkedIn: Alliance VC LinkedIn
Sector Focus: Deep tech, cleantech, AI, compliance tech
Stage Focus: Seed, Series A
Location: Oslo, Norway
Website: allianceventure.no
9. Kontu Capital
Kontu Capital is a Norwegian seed VC focused on early-stage cleantech and energy startups, providing hands-on operational support and bridge financing to help founders reach Innovation Norway milestones.
Recent Deals: Empower Energy NOK 8M seed 2025, Polaris Grid NOK 5M pre-seed 2024
LinkedIn: Kontu Capital LinkedIn
Sector Focus: Cleantech, energy, sustainable infrastructure
Stage Focus: Pre-seed, Seed
Location: Oslo, Norway
Website: kontucapital.no
10. Telenor Venture
Telenor Venture operates through Telenor Amp and LP positions in StartupLab Fund V (€32M, closed December 2025) and Alliance Nordic III, giving portfolio companies access to Telenor's IoT infrastructure across 8 Nordic and Asian markets.
Recent Deals: StartupLab Fund V LP €32M December 2025, Alliance Nordic III LP €40M first close 2025
LinkedIn: Telenor Venture LinkedIn
Sector Focus: Cleantech, digital B2B, IoT, telecom tech
Stage Focus: Seed, Series A
Location: Oslo, Norway
Website: telenor.com
Innovation Norway and Enova grants
Innovation Norway backs Norwegian cleantech at NOK 500K-10M per year. Norwegian cleantech with Innovation Norway grant closes all Oslo VCs 5 weeks faster.
Enova SF backs Norwegian cleantech energy at NOK 1M-50M per project. Enova grant recipient closes Nysnø and Energy Ventures 5 weeks faster than cold.
Build your Oslo cleantech VC pitch via virtual data room with timed investor access. Oslo cleantech VCs open Innovation Norway grant and EU Taxonomy within 48 hours.
Horizon Europe Green Deal funds €150M in Norwegian cleantech per year. Horizon Europe consortium membership closes Alliance Venture 4 weeks faster.
Equinor and Statkraft pilots
Equinor Venture Studio Oslo accepts 10 Norwegian cleantech firms per year. Equinor Venture Studio acceptance converts Nysnø and Energy Ventures same week.
Statkraft Ventures backs Norwegian cleantech at NOK 20M-200M from Oslo. Statkraft pilot LOI converts Ferd Capital and Viking Venture in 10 weeks.
Track your Oslo cleantech pipeline via investor relations software. Oslo cleantech VCs open pilot LOI and Innovation Norway before financial models.
Aker Horizons backs Norwegian cleantech at NOK 50M-500M per deal in 2026. Aker Horizons partnership closes every Oslo cleantech VC same week as announcement.
Norway's energy advantage
Norway produces 95% of its electricity from hydro, wind, and renewables in 2026. Norwegian cleantech with NVE grid-connection closes Oslo VCs 5 weeks faster.
NVE Norwegian Water Resources and Energy Directorate grants grid access in 6-12 weeks. NVE grid-connection letter converts Energy Ventures and Nysnø same week.
Build your Oslo cleantech investor pitch via document tracking software. Oslo cleantech VCs open NVE grid docs and Innovation Norway before financial review.
SINTEF and NTNU Trondheim generate 10+ cleantech spin-outs per year in Norway. NTNU cleantech spin-out with Innovation Norway closes Alliance and Kontu fastest.
How to pitch an Oslo cleantech investor
Lead with Innovation Norway grant, Equinor pilot, and EU Taxonomy.
- 1.Get Innovation Norway grant before Oslo cleantech VC outreach.Innovation Norway closes Oslo cleantech 5 weeks faster.
- 2.Secure Equinor or Statkraft pilot LOI before approaching Nysnø.Energy major LOI converts Oslo cleantech VCs in 10 weeks.
- 3.Get EU Taxonomy alignment and NVE grid-connection letter.EU Taxonomy closes Oslo cleantech due diligence fastest.
- 4.Get Investinor readiness assessment before approaching VCs.Investinor readiness closes Oslo cleantech fastest.
- 5.Track VC opens via Ellty. Follow up on Innovation Norway views.Oslo cleantech VCs open grant docs before term sheet.
How Ellty helps you land an Oslo cleantech investor
Ellty is a data room for cleantech founders. Know when Equinor Ventures or Nysnø opens your Innovation Norway grant.
- 1.Upload deck, Innovation Norway grant, and pilot LOI to Ellty.Set NDA-gated access per Oslo cleantech investor.
- 2.Share trackable links with each Oslo cleantech investor.Each VC gets a unique link. Ellty logs every open.
- 3.Follow up when VCs open your grant and pilot LOI sections.See which Oslo cleantech VCs reviewed today.
Oslo cleantech investors: common questions
- Cheques run NOK 2M-200M. Equinor writes NOK 10M-200M. Kontu writes NOK 2M-30M.
- Innovation Norway grant, Equinor pilot, and EU Taxonomy are standard in Oslo 2026.
- Seed takes 8-20 weeks. Innovation Norway and Equinor LOI close 5 weeks faster.
- Carbon capture raised most. Offshore wind tech and hydrogen growing fastest in Oslo.
- Yes. Norwegian AS and Innovation Norway grant open all Oslo cleantech VC networks.
