DNV Ventures

DNV Ventures is the corporate venture capital arm of DNV, a global leader in quality assurance and risk management. Established in 2020, the firm strategically invests in startups that align with DNV's overarching purpose of safeguarding life, property, and the environment. Their investment thesis centers on driving innovation in critical global transformations, particularly focusing on the energy transition and the fourth industrial revolution. This includes leveraging digital tools to accelerate renewable energy deployment, optimizing power grids, and enhancing sustainability across various industries.

The firm actively seeks innovative B2B solutions that can revolutionize traditional industries and foster efficiency, sustainability, and growth. Key areas of interest include maritime transformation, energy transition, cybersecurity (especially operational technology aspects), trust in AI, digital assets, sustainable supply chains, and digital health. DNV Ventures aims to be more than just an investor, offering portfolio companies access to DNV's extensive global network, world-renowned testing, certification, and technical advisory services, and innovation support through platforms like Veracity.

DNV Ventures has built a growing portfolio of forward-looking companies. Notable investments include Ofiniti, a business/productivity software company; SkyFi, which provides satellite imagery and data; 2021.AI, focusing on responsible AI; Newton's Tree, an AI deployment platform for healthcare; and ScoutDI, specializing in drones and software for industrial inspections in the maritime sector. The firm typically engages in early to later-stage venture capital investments, including seed and Series A rounds, primarily in Norway-based startups but with a global outlook.

The DNV Ventures team comprises experienced professionals dedicated to identifying and fostering growth in promising startups. Key team members include Kaare Helle (Venture Director), Simon Ratcliffe (Venture Building Director), Nermina Ek (Investment Manager), and Jens Christian Aune (Finance and Investment Manager). Their collective expertise and DNV's 160+ years of technical knowledge provide strategic guidance and hands-on support to their portfolio companies, helping them navigate new markets and establish valuable partnerships.