Statkraft Ventures
Statkraft Ventures is the corporate venture capital arm of Statkraft ASA, the Norwegian state-owned group and Europe's largest producer of renewable energy. Launched in May 2015 and operationally headquartered in Dusseldorf (with an Oslo office), it backs energy and climate-tech entrepreneurs across Europe and North America through an International Fund and a Norway-focused seed fund, writing tickets from around EUR 3m to EUR 20m at Series A to growth stage. Its energy-market expertise and Statkraft's operational reach differentiate it from generalist funds. The team of eight is led by Managing Director Thor Olav Thorsnes Egeland.
Statkraft Ventures is a Dusseldorf venture capital firm with 21 active companies and 11 exits.
- ·8 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 9 realized deals: 4 years.
- ·Top sector focus: Software (28% of portfolio).
- ·Fund cadence: ~5Y between vintages · last raise 2020.
Sector breakdown
32 companiesGeography breakdown
9 geographiesKey facts
Recent exits
Statkraft Ventures exited Metaloop in 2026 after 6 years.
Statkraft Ventures exited zolar in 2025 after 8 years.
Statkraft Ventures exited NorSun in 2024 after 1 year.
Statkraft Ventures sold Greenbird Integration Technology to GE Vernova in 2023 after 7 years.
Coverage notes
2 funds tracked, 32 portfolio companies (21 active · 11 realized). Verified weekly from public filings and deal announcements.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Funds & portfolio
Every fund Statkraft Ventures has raised, with its portfolio companies. Hand-checked from public filings.
Statkraft Ventures Norway FundActiveEvergreen20206 assets5 exitsEvergreen2020 · 6yr–65
Unrealized
6 held| Company | Entry |
|---|---|
| Alva Industries Industrials · Norway | 2023 |
| Birdsview Software · Norway | 2022 |
| Glint Solar Software · Norway | 2022 |
| Retyre Industrials · Norway | 2022 |
| UBIQ Aerospace Deep Tech · Norway | 2023 |
| Zeabuz Mobility · Norway | 2023 |
Realized
5 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Amina Charging Energy · Norway | 2023 | – | – | – | – |
| Greenbird Integration Technology Software · Norway | 2016 | 2023 | Trade Sale | GE Vernova | – |
| Norsep Industrials · Norway | 2020 | 2023 | Secondary | – | – |
| NorSun Industrials · Norway | 2023 | 2024 | – | – | – |
| Winns Energy · Norway | 2021 | 2023 | Trade Sale | Statkraft Varme | – |
Statkraft Ventures International FundVC2015€100M15 assets6 exitsVC2015 · 11yr€100M156
Unrealized
15 held| Company | Entry |
|---|---|
| Aira ClimateTech · Sweden | 2024 |
| Betterspace Software · Germany | 2019 |
| DCbrain Software · France | 2022 |
| Deepki PropTech · France | 2019 |
| EET Energy · Austria | 2023 |
| Electra.aero Deep Tech · US | 2023 |
| fluctuo Mobility · France | 2022 |
| HeyCharge ClimateTech · Germany | 2022 |
| Hydrosat Deep Tech · US | 2023 |
| Metron ClimateTech · France | 2019 |
| ParkBee Mobility · Netherlands | 2018 |
| SkySpecs Software · US | 2018 |
| tado ClimateTech · Germany | 2015 |
| vialytics SaaS · Germany | 2021 |
| Wakeo Software · France | 2023 |
Realized
6 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| depsys ClimateTech · Switzerland | 2016 | 2022 | Trade Sale | Octopus Energy Group (Kraken) | – |
| Enview Software · US | 2020 | 2022 | Trade Sale | Matterport | – |
| Limejump ClimateTech · UK | 2017 | 2019 | Trade Sale | Shell | – |
| Metaloop Business Services · Austria | 2020 | 2026 | – | – | – |
| Open Mineral Software · Switzerland | 2021 | – | – | – | – |
| zolar ClimateTech · Germany | 2017 | 2025 | – | – | – |
Frequently asked questions
- What investment strategy does Statkraft Ventures focus on?
- Statkraft Ventures focuses on VC, Growth strategies in the private equity space.
- How many portfolio companies does Statkraft Ventures have?
- Statkraft Ventures has 21 active portfolio companies and 11 completed exits and 2 funds tracked on GP Intel.
- Where is Statkraft Ventures headquartered?
- Statkraft Ventures is headquartered in Dusseldorf, Germany.
- When was Statkraft Ventures founded?
- Statkraft Ventures was founded in 2015.
- What sectors does Statkraft Ventures invest in?
- Statkraft Ventures invests across Energy, Software, Industrials.
- What are Statkraft Ventures's recent exits?
- Recent realized exits by Statkraft Ventures include: Greenbird Integration Technology (2023) to GE Vernova; Winns (2023) to Statkraft Varme; depsys (2022) to Octopus Energy Group (Kraken); Enview (2022) to Matterport; Limejump (2019) to Shell.
Similar firms
Other private equity firms tracked on GP Intel.
Germany·€300000.0B
Germany·€55.9B
Germany·€20.0B
Germany·€15.0B
Germany·€12.0B
Germany·€8.4B
Germany·€7.5B
Germany·€7.0B
Germany·€6.5B
Germany·€5.0B
Germany·€5.0B
Germany·€3.0B