Statkraft Ventures

Statkraft Ventures is a corporate venture capital firm that invests in exceptional entrepreneurs driving innovation in the energy and climate technology sectors. Established in 2015, the firm is fully backed by Statkraft, Europe's largest producer of renewable energy. Statkraft Ventures focuses on both software and hardware solutions, aiming to accelerate the global transition to a sustainable future by partnering with early and growth-stage startups.

The firm was founded in 2015 with a mission to identify and support entrepreneurs who can lead significant change in addressing the climate crisis through green energy solutions. Operating with an evergreen structure, Statkraft Ventures initially aimed to invest up to EUR 10 million annually, with a long-term ambition of investing EUR 100 million over ten years. This strategic backing from Statkraft provides portfolio companies with not only capital but also access to extensive industry expertise and a broad network within the energy markets.

Statkraft Ventures maintains a diversified portfolio of investments across Europe and North America. Notable portfolio companies include Hydrosat, Electra.aero, SkySpecs, Deepki, zolar, Wakeo, Aira, Open Mineral, Metaloop, DCbrain, EET, Betterspace, vialytics, ParkBee, fluctuo, HeyCharge, Metron, Tado, NorSun, Alva, zeabuz, Retyre, Birdsview, Amina, Glint Solar, UBIQ Aerospace, and Winns. The firm has also seen successful exits with companies such as Enview, Limejump, and Greenbird.

The team at Statkraft Ventures comprises professionals with diverse backgrounds in venture capital, entrepreneurship, company building, and mergers & acquisitions. Key team members include Thor Olav Thorsnes Egeland (Managing Director), Alexander Küppers (Investment Director), Torgunn Oldeide (Investment Director), Stefan Hülsen (Investment Director), Lars Odin Mellemseter (Investment Director), Steffen Funck (Investment Director), Cengiz Polat (Ventures CFO), and Odette Yga (Associate). This collective expertise enables the firm to provide hands-on support and strategic guidance to its portfolio companies as they scale their businesses.