Link Venture Capital

What Link Venture Capital does

Link Venture Capital (operating as Link Capital) is a privately held Norwegian venture capital firm headquartered in Stavanger, founded in 2021. The firm invests in pre-seed to Series A European scale-ups building solutions for the energy transition, with an explicit thesis that energy transition represents the largest investment opportunity of the current generation. Link Capital typically deploys €100,000 to €5 million per company, often as lead investor, and takes board seats to actively support portfolio companies from inception through exit.

The firm's portfolio spans six energy-transition verticals: the electric vehicle value chain, clean energy, energy storage, mobility, smart energy solutions, and software for a cleaner world. Named portfolio companies include Glint Solar and Skyfri (solar/renewables), Solarduck (offshore floating solar), Viggo and Evoy (e-mobility including electric boats), Evyon (EV/battery solutions), Blue Lice (environmental solutions at sea), 7 Analytics (analytics software), and Remora Robotics. The core investment team comprises three partners — Elisabeth Øvstebø (Founding Partner and Investment Director), Christian Rangen (Chairman and General Partner), and Grethe Skundberg (General Partner) — supported by a Co-Founder & CEO/Managing Partner in Stian A. Wathne.

Link Capital's revenue model is that of a classic venture capital firm: returns are generated through successful exits and IPOs from portfolio companies, with management fees and carried interest flowing to the firm from Limited Partners. Marketing and deal sourcing are handled primarily through the firm's website (linkcapital.no) and direct outreach ([email protected]). The firm additionally operates a 'Link Sprints' program as a structured founder-support offering layered on top of its direct equity investments.

Name

Link Venture Capital

Legal name

Link Capital

Website

https://linkvc.no

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Link Venture Capital is a Norwegian VC firm founded in 2021 that invests €100K–€5M in pre-seed to Series A European energy-transition scale-ups. It provides active board-level support across EV, clean energy, storage, mobility, smart energy, and climate software.

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Transition / Engagement & Stewardship Funds (FSANAJAO)

Keywords

• Venture capital investing
• Early-stage funding
• Energy transition finance
• Startup capital deployment
• Growth equity investments

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Investment Returns: As a venture capital firm, Link Capital generates returns through successful exits and IPOs from portfolio companies. They invest capital in exchange for equity and work to create value through active portfolio support, ultimately returning capital to Limited Partners through exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Link Venture Capital (Link Capital) is a Norwegian venture capital firm that invests seed-to-Series A equity capital ranging from €100,000 to €5 million into European startups building sustainable energy and climate solutions. The firm takes active board seats, often leads rounds, and works hand-in-hand with founders to scale and exit investments across the electric vehicle value chain, clean energy, energy storage, mobility, smart energy, and enabling software. It also runs a structured program called Link Sprints to support portfolio companies.

Product overview

Link Capital is a venture capital firm that does not offer a product/service platform in the traditional sense. Instead, the company provides investment capital and active portfolio support to early-stage energy transition companies. Their investment vehicle, Link Sprints, is mentioned as a program offering (though not detailed in the source material). The firm focuses its portfolio on companies across electric vehicle value chain, clean energy, energy storage solutions, mobility, smart energy solutions, and software categories. Their portfolio companies include Glint Solar, Solarduck, Viggo, Skyfri, Evoy, Blue Lice, 7 Analytics, Remora Robotics, and Evyon. Investment strategy covers seed to Series A stages, with capital deployed ranging from €100,000 to €5 million, primarily within Europe.

Differentiator

Problem solved

Functional benefit

Products and services

• Link Venture Capital Fund (Seed-to-Series A energy transition investment vehicle) Core venture capital investment offering: equity cheques of €100,000 to €5 million from pre-seed through Series A into European energy transition and climate-tech startups, with the firm often acting as lead investor and taking active board seats in companies spanning electric vehicles, clean energy, energy storage, mobility, smart energy solutions, and enabling software.
• Link Sprints Structured program offered by Link Capital as part of its venture engagement model with portfolio companies and prospective founders in the energy transition space.

Quantifiable outcome

• Multiple exits and IPOs achieved from portfolio companies

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Clean Energy Ventures: Early-stage venture fund focused on decarbonization technologies including mobility, energy generation, storage, and grid. Directly comparable stage focus (pre-seed to Series A) and thematic overlap with Link's energy transition mandate.
• Planet A Ventures: Hamburg-based European venture fund investing in early-stage startups tackling environmental challenges across energy, mobility, and materials. Directly comparable to Link Capital as a European sector-specialist climate VC at the seed-to-Series A stage.
• Elemental Excelerator: US-based non-profit investor and accelerator funding early-stage companies building climate solutions across energy, transportation, and infrastructure. Comparable to Link in its stage focus and thematic depth, though structured as a non-profit platform rather than a traditional VC fund.
• Pale Blue Dot Ventures: European (Malmö-based) early-stage fund investing in climate-tech startups tackling greenhouse gas emissions. Highly comparable mandate, stage, and check size to Link Capital, with overlapping sub-sectors in energy, mobility, and software.
• Energy Impact Partners: Large global venture fund investing exclusively across the energy transition value chain, including EV, renewables, grid software, and mobility. Closest direct competitor to Link Capital in sector-specialist climate-tech VC, though with significantly larger fund size and US/global footprint.
• Climentum Capital: European early-stage venture fund backing science-based climate-tech startups. Closely comparable to Link Capital in stage, geography (European-focused), and thematic focus on climate-tech with deep-tech orientation.
• Lowercarbon Capital: US-based venture firm that invests across climate-tech stages (seed to growth) in companies that reduce CO2 emissions. Highly comparable to Link in its thesis-driven approach to climate investing, though typically writing larger checks and operating in the US market.

Broad incumbents

• Breakthrough Energy Ventures: Bill Gates-backed venture fund investing in companies that can significantly reduce greenhouse gas emissions across energy, transportation, buildings, manufacturing, and agriculture. Much larger and more diversified than Link, but a key competitor for the same European climate-tech founders.

Regional players

• Speedinvest: Vienna-based European early-stage VC with a dedicated climate-tech and deep-tech vertical, investing at seed-to-Series A across mobility, energy, and industrial decarbonization. Comparable to Link in stage and European footprint, but as a multi-vertical fund with much larger AUM.
• Antler: Global early-stage VC that operates extensively in Europe, investing pre-seed to Series A across sectors including climate-tech and energy transition. Comparable to Link at the earliest stages, though a generalist rather than energy-transition specialist.

Market position

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/linkventurecapital

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Link Venture Capital