Nysnø Climate Investments

Nysnø Climate Investments is a governmental climate investment fund based in Norway, established in 2017 by the Ministry of Trade and Industry. The firm focuses on investing in companies that address climate challenges through innovative technologies. Its investment areas include clean energy, digital and enabling technologies, resource efficiency, sustainable demand, the circular economy, transport, infrastructure, food production, buildings, and industrial processes. By supporting initiatives that contribute to reducing greenhouse gas emissions, Nysnø aims to foster sustainable development and advance environmental objectives.

Jean-Baptiste Curien

Director Climate technology

Joe Eliston

Investment Director

Øystein Lende Eriksen

Investment Associate

Lene Elizabeth Hodge

Investment Manager

Lars Hvam

Investment Director

John Egil Johannessen

Investment Manager

Siri M. Kalvig

CEO

Eivind Egeland Olsen

Venture Partner

Paal Rogdeberg

Investment Manager

Guro Skjæveland

Investment Manager

Maren Stangeland

Investment Manager

Solveig Sundsdal

Senior Associate

Bertel Ånestad

Investment Director and CFO

Tor André E. Vorpenes

Associate

Past deals in Oslo

Otovo

Post in 2023
Otovo AS develops and supplies solar solutions for residential and commercial customers in Norway and Sweden, focusing on solar cell roofs branded as Sunstyle. Founded in 2016 and headquartered in Oslo, Norway, the company operates a broad network of skilled installers across Europe, from Malaga in Spain to Trondheim in Norway. Otovo is dedicated to facilitating the adoption of clean energy technologies in homes, aiming to enhance energy independence and sustainability throughout Europe. With offices in Oslo, Stockholm, Paris, and Madrid, Otovo is committed to making clean and local energy accessible to a wider audience.

Tise

Venture Round in 2022
Tise AS is a Norwegian software company founded in 2014 and headquartered in Trondheim. It operates a social marketplace through a mobile app available on iOS and Android, designed for buying and selling second-hand fashion, furniture, and interior items. Tise combines features of social media and classified advertising, allowing users to share photos of their items in a visually appealing way while connecting with local buyers. The platform aims to facilitate second-hand trade by reducing barriers that often prevent people from selling unused items. By creating an engaging and user-friendly experience, Tise encourages users to participate in sustainable consumption practices, making it easier for them to both sell and discover unique items within their communities.

Morrow Batteries

Venture Round in 2022
Morrow Batteries is focused on developing and manufacturing cost-effective and sustainable battery cells to support the green energy transition. The company specializes in industrialized graphene-enhanced lithium-sulfur batteries, which offer improved performance and a reduced environmental footprint compared to traditional battery technologies. By prioritizing sustainability in its production processes, Morrow Batteries aims to provide clients with innovative solutions that meet the growing demand for environmentally friendly energy storage options.

Otovo

Venture Round in 2022
Otovo AS develops and supplies solar solutions for residential and commercial customers in Norway and Sweden, focusing on solar cell roofs branded as Sunstyle. Founded in 2016 and headquartered in Oslo, Norway, the company operates a broad network of skilled installers across Europe, from Malaga in Spain to Trondheim in Norway. Otovo is dedicated to facilitating the adoption of clean energy technologies in homes, aiming to enhance energy independence and sustainability throughout Europe. With offices in Oslo, Stockholm, Paris, and Madrid, Otovo is committed to making clean and local energy accessible to a wider audience.
Greenbird Integration Technology AS is a software and solutions company based in Oslo, Norway, with additional offices in Stavanger and Palo Alto. Founded in 2009, the company specializes in providing IT advisory services and integration solutions to both public and private organizations across Europe. Its primary product, Utilihive, serves as a domain-specific integration platform designed for utilities, facilitating their digital transformation and enhancing capabilities in smart grid, smart city, and industrial Internet of Things applications. Greenbird also offers Metercloud.io, which includes big data integration applications for smart metering and related processes, along with Ghostwriter, a simulation platform for smart meters and grids. The company caters to various sectors, including utilities, banking and financial services, telecommunications, and public services, and is recognized as a thought leader in digital innovation within the energy sector, supporting over 65 million clients globally.

Saga Robotics

Venture Round in 2020
Saga Robotics AS, founded in 2016 and based in Oslo, Norway, specializes in the manufacturing of modern farming equipment, focusing on the development of autonomous robots for the agricultural sector. The company has created an agricultural platform known as Thorvald, a versatile modular robot that can be adapted for various agricultural tasks. By offering solutions that perform operations more efficiently and at a lower cost than traditional methods, Saga Robotics aims to be a leading provider of agricultural robotics. The company's short-term objective is to deliver robots that provide clear benefits to farmers, while its long-term vision involves establishing comprehensive autonomous systems capable of handling all agricultural operations, thereby promoting sustainable and profitable food production.

Otovo

Venture Round in 2018
Otovo AS develops and supplies solar solutions for residential and commercial customers in Norway and Sweden, focusing on solar cell roofs branded as Sunstyle. Founded in 2016 and headquartered in Oslo, Norway, the company operates a broad network of skilled installers across Europe, from Malaga in Spain to Trondheim in Norway. Otovo is dedicated to facilitating the adoption of clean energy technologies in homes, aiming to enhance energy independence and sustainability throughout Europe. With offices in Oslo, Stockholm, Paris, and Madrid, Otovo is committed to making clean and local energy accessible to a wider audience.
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