Nysnø

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

Eivind Egeland Olsen

Chief Investment Officer

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 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.

Otovo

Post in 2023
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.

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.

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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