Eviny Ventures

Eviny Ventures is the venture capital arm of the Eviny Group, a leading provider of renewable energy in Norway. The firm focuses on early-stage investments in companies that are driving the transition to a sustainable future through electrification and digitalization. With a fund size of 50 million Euros, Eviny Ventures supports startups from seed to growth stages, leveraging over 100 years of expertise in the renewable energy industry.

The investment strategy of Eviny Ventures encompasses a wide range of sectors, including grid technology, digitalization of energy assets, energy storage, distributed energy systems, Internet of Things, and new business models for a digital energy industry. The firm is particularly interested in startups that contribute to the electrification of society and the reduction of emissions.

Eviny Ventures is an active investor, providing hands-on support to its portfolio companies. This includes board involvement, piloting startups' solutions within Eviny, and connecting them with industry experts. As of 2021, the firm has made one exit and has a portfolio of nine active investments, including companies like Tibber and Heimdall Power. The firm is also a member of Cleantech Scandinavia, connecting with other investors in the cleantech industry and supporting startups throughout Scandinavia.