eSmart Systems
Venture Round in 2024
eSmart Systems AS specializes in developing intelligent software solutions for the energy sector, focusing on smart grid technologies. Founded in 2012 and headquartered in Halden, Norway, with an office in Palo Alto, California, the company leverages over 20 years of industry experience to offer cloud-based platforms that utilize the Internet of Things, Big Data, and advanced analytics. Their operational intelligence software optimizes energy investments, enhances energy efficiency, and reduces carbon footprints through informed decision-making. eSmart Systems provides a comprehensive suite of products, including connected grid solutions and tailored applications for utilities and consumers, enabling real-time data collection and analysis from various sources such as sensors and building automation systems. The company aims to improve asset management and operational efficiency for energy grid operators, ultimately lowering maintenance costs and extending the lifespan of critical infrastructure.
Maritime Robotics
Venture Round in 2024
Maritime Robotics AS is a prominent provider of innovative unmanned surface vehicle systems designed for maritime operations in challenging environments. The company develops and integrates autonomous technologies in collaboration with civilian, governmental, and military partners, focusing on cost-efficient solutions that enhance safety and operational efficiency. Their systems are capable of conducting various tasks, including bathymetric surveys, monitoring ocean activity, and providing surveillance services, all while operating unmanned in both air and underwater settings. Based in Trondheim, Norway, Maritime Robotics is staffed by a skilled team of engineers and maintains a global network of clients and partners. The company's commitment to advancing unmanned data acquisition aims to set new standards in the maritime industry and expand operational possibilities for its customers.
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.
NorSun
Private Equity Round in 2023
NorSun is a Norwegian company specializing in the manufacture of high-performance monocrystalline silicon ingots and wafers for the solar energy industry. The company utilizes the Czochralski process to produce its products, which involves melting polysilicon and shaping it into blocks that are then sliced into thin wafers. These wafers are supplied to leading manufacturers of high-efficiency solar cells, who prioritize quality and innovation in their production processes. NorSun operates modern production facilities in Årdal, Norway, and Vantaa, Finland, with an annual production capacity projected to exceed 200 MWp. The company is dedicated to enhancing economies of scale and advancing technology to improve the efficiency and affordability of solar energy conversion.
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.
eSmart Systems
Series B in 2022
eSmart Systems AS specializes in developing intelligent software solutions for the energy sector, focusing on smart grid technologies. Founded in 2012 and headquartered in Halden, Norway, with an office in Palo Alto, California, the company leverages over 20 years of industry experience to offer cloud-based platforms that utilize the Internet of Things, Big Data, and advanced analytics. Their operational intelligence software optimizes energy investments, enhances energy efficiency, and reduces carbon footprints through informed decision-making. eSmart Systems provides a comprehensive suite of products, including connected grid solutions and tailored applications for utilities and consumers, enabling real-time data collection and analysis from various sources such as sensors and building automation systems. The company aims to improve asset management and operational efficiency for energy grid operators, ultimately lowering maintenance costs and extending the lifespan of critical infrastructure.
Tise
Venture Round in 2022
Tise is a Norwegian software company that specializes in a mobile marketplace designed for selling and discovering second-hand fashion, home decor, and furniture. The Tise app, available on iOS and Android, combines elements of social media and classified ads, making it easier for users to buy and sell items in a more engaging and less stigmatizing environment. By addressing the barriers that often prevent individuals from participating in the second-hand market, Tise aims to promote sustainable consumption practices. The platform allows users to browse and follow advertisements, engage in conversations with sellers, and facilitate transactions, all within a community-focused experience. Tise seeks to motivate users to participate in the green movement by transforming the process of selling and shopping into a fun and inspiring activity.
Otovo
Venture Round in 2022
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.
Greenbird Integration Technology
Series B in 2020
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, Greenbird specializes in IT advisory services and integration solutions for both public and private organizations across Europe. The company offers a platform known as Utilihive, designed as a domain-specific integration platform as a service (iPaaS) tailored for utilities, facilitating the digital transformation of smart grids, smart cities, and the industrial Internet of Things. Utilihive supports over 65 million clients in regions including Scandinavia, Germany, the UK, the Middle East, and the Far East. Greenbird also provides consulting services in strategic advisory, enterprise architecture, and solution design. In August 2023, Greenbird was acquired by GE Vernova, leading to the rebranding of its technology platform, now known as GridOS Connect, which serves as the foundation for the GridOS Data Fabric.
eSmart Systems
Venture Round in 2019
eSmart Systems AS specializes in developing intelligent software solutions for the energy sector, focusing on smart grid technologies. Founded in 2012 and headquartered in Halden, Norway, with an office in Palo Alto, California, the company leverages over 20 years of industry experience to offer cloud-based platforms that utilize the Internet of Things, Big Data, and advanced analytics. Their operational intelligence software optimizes energy investments, enhances energy efficiency, and reduces carbon footprints through informed decision-making. eSmart Systems provides a comprehensive suite of products, including connected grid solutions and tailored applications for utilities and consumers, enabling real-time data collection and analysis from various sources such as sensors and building automation systems. The company aims to improve asset management and operational efficiency for energy grid operators, ultimately lowering maintenance costs and extending the lifespan of critical infrastructure.
Disruptive Technologies
Venture Round in 2019
Disruptive Technologies AS, founded in November 2013 and based in Bergen, Norway, specializes in the development of Internet of Things (IoT) solutions. The company focuses on creating the world's smallest fully integrated wireless sensors, which enable advanced measurement and data delivery. These sensors communicate via the Internet and are designed with unique attributes related to size, range, and battery capacity. By leveraging these innovative technologies, Disruptive Technologies aims to enhance how users interact with their environments, providing new possibilities for sensing and control.
Otovo
Venture Round in 2018
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.
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