Statkraft Ventures
Statkraft Ventures is the corporate venture capital arm of Statkraft AS, investing seed-to-growth capital in energy and climate technology start-ups across Norway, Europe and North America through two dedicated funds.
- Company typePrivate
- Founded2015
- HeadquartersDüsseldorf, Germany
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
What Statkraft Ventures does
Statkraft Ventures is a corporate venture capital firm investing in energy and climate technology start-ups across Europe and North America. Established in 2015, it operates as the wholly-owned venture arm of Statkraft AS, Europe's largest renewable energy producer, giving the firm direct access to utility-scale operational expertise, market intelligence, and strategic relationships in the power sector. The firm runs two vehicles: the International Fund, which leads Series A through growth-stage rounds in Europe and North America with tickets of EUR 3-20m, and the Norway Fund, which backs seed and growth-stage start-ups in Norway with tickets starting at NOK 2m. Both funds cover software and hardware companies addressing the green energy transition.\n\nThe firm invests in sectors across power generation, grid optimization, electric mobility, heating and cooling, real estate decarbonization, sustainable aviation, and satellite-enabled climate analytics. Portfolio companies include SkySpecs (renewables asset management), Aira (heat pumps), HeyCharge (EV charging), tado (home energy), Deepki (real estate ESG), Wakeo (supply chain visibility), DCbrain (network optimization), Metron (industrial energy), Limejump and Enview (both exited — to Shell and Matterport respectively), and Hydrosat (thermal infrared satellite data, which raised a $60m Series B in January 2026 with the firm's participation).\n\nStatkraft Ventures generates returns through capital appreciation and exit events on its equity investments, with management fees and carried interest flowing from its fund LPs. Deal sourcing is community- and network-led, anchored by inbound proposals to [email protected] and reinforced by Statkraft's industry presence. The firm is headquartered in Oslo with a second office in Düsseldorf, led by a team of Managing Directors drawn from Equinor Ventures, RWE, NRW.BANK, McKinsey, Ascend Capital and Constructive Capital.
Statkraft Ventures firmographics
Firmographics- Name
- Statkraft Ventures
- Legal name
- Statkraft Ventures AS
- Website
- https://statkraftventures.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Statkraft Ventures is the corporate venture capital arm of Statkraft AS, investing seed-to-growth capital in energy and climate technology start-ups across Norway, Europe and North America through two dedicated funds.
- Ownership category
- akta.pro rank
Statkraft Ventures industry classification
Industry- Product category
- Venture Capital / Climate Tech Investment
- NAICS
- Portfolio Management and Investment Advice (52394), Other Investment Pools and Funds (5259)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Early-Stage Venture Capital (Series A/B) (FSANAAAB)
- akta.pro secondary industry
- Energy & Sustainability / Climate Growth Equity (FSANACAG)
Keywords
Where Statkraft Ventures is headquartered
LocationHeadquarters
- HQ city
- Düsseldorf
- HQ country
- Germany
- HQ region
- Europe
Offices2 records
Markets served
Statkraft Ventures business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Investment Returns and Management Fees: As a venture capital firm, Statkraft Ventures generates returns through equity investments in portfolio companies. Returns come from capital appreciation, exit events (acquisitions, IPOs), and potentially dividends. The firm manages venture funds and likely earns management fees plus carried interest on successful exits.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Norway Fund: Seed to Growth Stage |
| Other | Multi-year contract | International Fund: Series A to Growth Stage |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Statkraft Ventures product offering
Product offeringCore offering
Statkraft Ventures invests equity capital in early and growth stage startups in energy and climate technology through two distinct funds. The International Fund invests EUR 3-20m in Series A to growth stage companies across Europe and North America, while the Norway Fund invests from NOK 2m into seed and growth stage Norwegian startups. Portfolio companies also gain strategic guidance, market access, and operational support drawn from Statkraft's renewable energy expertise.
Product overview
Statkraft Ventures operates two venture capital investment funds targeting the energy and climate tech sector. The International Fund invests in early and growth stage start-ups across Europe and North America with ticket sizes of EUR 3-20m, while the Norway Fund focuses on seed to growth stage investments in Norwegian start-ups starting at NOK 2m. The firm was established in 2015 and is backed by Statkraft, Europe's largest producer of renewable energy.
Differentiator
Problem solved
Functional benefit
Brands
- Norway Fund: Software- and hardware-focused fund investing in seed and growth stage start-ups in Norway.
- International Fund
Products and services
- International Fund
Companies that use Statkraft Ventures
Customer profileSegments3 records
Ideal customer profiles2 records
Statkraft Ventures technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Statkraft Ventures partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Statkraft Ventures competitors and assessment
Company assessmentDirect peers
- Equinor Ventures: The corporate venture arm of Equinor, focused on early- and growth-stage energy and climate-tech startups. It is a direct peer — the current MD of Statkraft Ventures previously led its global clean-power strategy, and both firms compete for the same Nordic and European deal flow.
- Shell Ventures: Shell's corporate VC investing across future energy, mobility, and digitalisation. Direct peer given overlapping energy/climate-tech thesis and Shell's prior acquisition of Statkraft Ventures portfolio company Limejump.
- Ørsted Ventures (now part of Growth & Capital): The venture and growth capital arm of Ørsted, the Danish offshore-wind major. Direct peer as another utility CVC targeting energy transition and climate-tech startups across Europe.
- Breakthrough Energy Ventures: Bill Gates-backed venture fund investing in early-stage climate-tech companies across electricity, transportation, agriculture, manufacturing, and buildings. Direct peer — competes for the same Series A climate-tech rounds with a similar hardware-and-software mandate.
- E.ON Ventures: The corporate venture arm of European utility E.ON. Direct peer investing in early- and growth-stage startups across distributed energy, e-mobility, grid, and customer-energy management — categories that overlap heavily with Statkraft Ventures' portfolio.
Broad incumbents
- Amazon Climate Pledge Fund: A $2B corporate venture fund from Amazon backing climate-tech and sustainability startups. Broad incumbent peer — much larger scale and broader portfolio, but overlaps on energy, mobility, and supply-chain decarbonisation investments.
- bp ventures (Launchpad): The corporate venture arm of bp, investing across future energy, mobility, and digital. Broad incumbent peer with overlapping themes in electrification, hydrogen, and renewables-adjacent software/hardware.
- Eni Next: Eni's corporate venture arm investing in decarbonisation, circular economy, and renewable energy startups. Broad incumbent peer — Italian-major backing provides similar corporate-VC dynamics in the European climate-tech market.
- Engie New Ventures: The CVC of French utility Engie targeting energy transition, smart cities, and decarbonisation startups. Broad incumbent peer with similar Europe-heavy climate-tech thesis and lead-investor posture.
Regional players
- Munich Re Ventures / HSB Ventures: Corporate venture arm of Munich Re Group, focused on insurance-tech, climate-risk analytics, and energy resilience startups. Regional/adjacent peer — German-based and adjacent in climate and energy risk, but with a more insurance-leveraged thesis.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Statkraft Ventures social profiles
Digital presenceStatkraft Ventures financial estimates
Financial estimateRevenue estimate
Valuation estimate
Statkraft Ventures leadership team
Management profileNumber of profiles
Profiles8 records
Statkraft Ventures funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Statkraft Ventures M&A and investment
M&A and investmentM&A
Investments48 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Statkraft Ventures
What does Statkraft Ventures do?
Statkraft Ventures invests equity capital in early and growth stage startups in energy and climate technology through two distinct funds. The International Fund invests EUR 3-20m in Series A to growth stage companies across Europe and North America, while the Norway Fund invests from NOK 2m into seed and growth stage Norwegian startups. Portfolio companies also gain strategic guidance, market access, and operational support drawn from Statkraft's renewable energy expertise.
Is Statkraft Ventures a public or private company?
Statkraft Ventures is a private company. It is classified as corporate owned and is currently operating.
When was Statkraft Ventures founded?
Statkraft Ventures was founded in 2015. It employs 1,001 to 5,000 people.
Where is Statkraft Ventures based?
Statkraft Ventures is headquartered in Düsseldorf, Germany, in the Europe region.
How does Statkraft Ventures make money?
One revenue line is on record: investment Returns and Management Fees.
Who are Statkraft Ventures's main competitors?
Direct peers on record are Equinor Ventures, Shell Ventures, Ørsted Ventures (now part of Growth & Capital), Breakthrough Energy Ventures and E.ON Ventures. Broad incumbents are Amazon Climate Pledge Fund, bp ventures (Launchpad), Eni Next and Engie New Ventures. Munich Re Ventures / HSB Ventures is listed as a regional player.
Does Statkraft Ventures have an API?
No public API is recorded for Statkraft Ventures.
What industry is Statkraft Ventures in?
Statkraft Ventures's product category is Venture Capital / Climate Tech Investment. Its primary akta.pro industry code is FSANAAAB, Early-Stage Venture Capital (Series A/B), with a secondary code of FSANACAG, Energy & Sustainability / Climate Growth Equity. Its NAICS code is 52394 and its SIC code is 6282.