🦊/Investors

EV Private Equity

Private equity

Stavanger · Seed–Growth · 16 people tracked

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172 people in our graph share verified history with the EV Private Equity team — schools, employers, funds. One of them is your warm intro.

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Investment thesis

EV Private Equity concentrates on driving decarbonisation across the energy sector by scaling energy technology companies that target emissions reduction. The firm emphasises responsible investment practices, aiming to generate returns while building businesses with state-of-the-art ESG standards. Drawing on more than two decades of experience, over 320 combined years of expertise, and 30-plus high-profile exits, the team positions itself as energy specialists with an established track record and network. The firm champions sustainable investment and continually refines its approach to strengthen its role as an investor focused on positive environmental impact within the energy transition.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
Check
$5M – $30M
HQ
Stavanger, NO
Instruments
Equity
Founded
2002
AUM
$750M
Tracked investments
69
Acquisitions
1

Team · 16 people

from the firm's website & curated & public directories
Ole Melberg

Co-founder of the firm and former CEO of Smedvig; started Energy Ventures with Helge Tveit in 2002.

Ellenor Twigden· Associate - Head of Impact

What they invest in

from 30 of 69 portfolio companies

Energy ×26Hardware ×17Cleantech ×9Advanced Manufacturing ×8Deep Tech ×8Climate Tech ×5AI & Machine Learning ×3Data & Infrastructure ×3

HQs:United States×6United Kingdom×5Norway×4Canada×1Portugal×1

Investments · 69 tracked

founders shown can be your intro path

By year:2021 · 12017 · 12 dated

Deep Casing Toolsdeepcasingtools.cominJan 2021✓ verified

Deep Casing Tools develops well construction and completion technologies for the global energy sector, enabling operators to reduce drilling time, costs, and carbon emissions across well life cycle operations.

CleantechDeep TechEnergyHardwareAberdeen, GB

David Stephenson(CEO)in

BoardSteve Kent(Chairman)

Co-investorsScottish Enterprise

3LC3lc.aiin𝕏

3LC builds interactive, visual, human-in-the-loop tools for data-centric AI, letting data scientists inspect, edit, and re-train on individual training samples to improve model accuracy.

AI & Machine LearningData & InfrastructureDeveloper ToolsOslo, NO

Paul Endresen(CEO & CTO)Marius Storm-Olsen(COO)inThomas Hagen(EMEA Chief Architect)inPer Arne Jensen(Executive Chair)in

Co-investorsShell Ventures

Addenergyaddenergy.noin𝕏

Add Energy has been integrated into two ABL Group companies: its Asset & Integrity Management division is now a service line within ABL, and its Drilling, Well Control, Safety & Risk Engineering work is now part of AGR.

Energy

Aquaterraaquaterra.farmin

Aquaterra is an agricultural producer in Portugal that grows premium avocados and tangerines on over 6,000 hectares across six farms.

AgTechCircular EconomyClimate TechFoodTechAlcácer do Sal, PT

Co-investors3Comma CapitalDavidson Kempner

Aquaterra Energyaquaterraenergy.comin𝕏

Aquaterra Energy is an offshore engineering company serving the oil and gas and emerging energy sectors.

CleantechClimate TechDeep TechEnergyHardwareNorwich, GB

George Morrison(CEO)inSimon Hatson(QHSE and Sustainability Director)in

Bluwarebluware.comin𝕏

Bluware develops cloud- and AI-based software for accessing subsurface data and running geoscience data and interpretation workflows, serving geoscientists and companies in the upstream oil, gas, and energy sector.

AI & Machine LearningCloud ComputingData & InfrastructureEnergySaaS

Herman Nieuwoudt(President)

Calteccaltec.comin𝕏

Caltec designs patented surface jet pump and compact separation technologies used in the oil and gas industry to boost production and reduce emissions.

CleantechEnergyHardware

Cereus Ultrasonicscereus-ultrasonics.comin

Cereus Ultrasonics develops ultra-wideband active/passive sonar systems and high-power analogue components for interfacing piezo-electric transducers to power amplifiers in fluidic and high-pressure gas mediums.

Deep TechEnergyHardware

Nigel Leggettin

Cubilitycubility.comin

MudCube is a fully enclosed solids control and separation system for oil & gas, mining, and industrial applications that uses rotating filter belt technology to reduce waste, lower CO₂ emissions, and improve worker safety compared to traditional shale shakers and filtration methods.

Advanced ManufacturingCleantechClimate TechEnergySandnes, NO

Peter Nygaard Andersen(CEO, VP Sales & Business Development)inThomas Larsen(VP Operations and Technology)in

Enpro Subseaenpro-subsea.comin

Hunting Subsea Technologies provides subsea equipment and services for the global offshore oil and gas industry, including chemical injection metering valves, hydraulic couplings, production and drilling control valves, subsea tieback and production hardware, intervention and decommissioning services, and production riser (SURF) technology.

Advanced ManufacturingEnergyHardware

Evolutionengevolutioneng.comin

ShopBakerHughes is an e-commerce catalog and marketplace operated by Baker Hughes that provides access to thousands of oilfield equipment, downhole tools, surface equipment, and technologies for the energy sector.

B2B MarketplacesEnergyHardwareSector Agnostic

Fotechfotech.comacquired by BP
FourPhasefourphase.com

Specialist services for post-wellhead high pressure removal of hazardous well bore solids.

Geotericgeoteric.comin𝕏

Geoteric develops software for subsurface seismic interpretation and geological analysis, offering AI-driven tools for fault and horizon interpretation, image processing, and geobody delineation.

AI & Machine LearningDeep TechEnergySaaSStavanger, NO

Mitch(CEO)Olav Salte Hovstad(CFO)in

Halfwavehalfwave.com

In-line inspection services for energy and utility markets using ultra-wideband acoustic technology; sold to Eddify NDT in Feb 2020.

Ingrainrocksingrainrocks.com

Ingrain analyzes complex rock types using high-resolution CT scanning to characterize reservoirs and identify high-potential "sweet spots" for oil and gas clients.

Deep TechEnergy

MorphPackersmorphpackers.comin𝕏

Vertice Oil Tools develops downhole completion equipment, including refrac liner tools, for fracturing and refracturing oil and gas wells.

Advanced ManufacturingEnergyHardware

Motive Offshoremotive-offshore.comin𝕏

Motive Offshore Group designs, builds, and rents marine and subsea equipment such as traction winches, hydraulic power units, tensioners, and spooling systems for the energy industry, including offshore wind and oil and gas projects.

Advanced ManufacturingCleantechEnergyHardwareAberdeenshire, GB

PanGeo Subseapangeosubsea.comin𝕏

Kraken Robotics is a marine robotics company that develops innovative solutions for underwater exploration and technology applications.

Deep TechDefense TechHardwareRoboticsHalifax, CA

Greg Reid(Chief Executive Officer)inBernard Mills(President)in

Co-investorsLime Rock Partners

ProSepprosep.comin

ProSep provides process separation technology for the oil and gas industry, including proprietary mixers (such as ECLIPSE, MAX+ and AIM) and produced water treatment solutions (such as Osorb Media and TORR).

Advanced ManufacturingCleantechClimate TechEnergyHardwareHouston, US

Co-investorsHitecVision Advisory AS

Reachpsreachps.comin

ReachPS develops surface-powered artificial lift and frac hit recovery systems for oil and gas production operators.

CleantechEnergyHardware

READ Cased Holereadcasedhole.comin

READ Cased Hole provides cased hole logging, gas well maintenance, and production logging services to energy operators and service companies globally.

EnergyEnterprise SoftwareAberdeen, GB

Rivaldtrivaldt.comin

Stabil Drill designs and manufactures downhole drilling tools in-house, offering a rental fleet of more than 25,000 tools along with repair and technical support for oil and gas drilling operators.

Advanced ManufacturingEnergyHardwareConroe, US

Safransafran.comin

Safran provides project management and planning services, including consultants and training, to support customers in achieving their project goals.

Construction TechEnterprise SoftwareSaaS

Sageriderincsageriderinc.comin

Sagerider provides technical downhole solutions and services for oil and gas operators to increase productivity and reduce operational costs across emerging and legacy assets.

CleantechClimate TechEnergyHardwareIoT

Well Connectionwellconnection.no

Wepco is a Norwegian engineering and service company providing certified threaded connections, CNC machining, and repair services for tubulars and critical piping used in the oil and gas industry.

Advanced ManufacturingEnergyHardwareStavanger, NO

Westwoodenergywestwoodenergy.comin𝕏

Westwood Energy provides subscription-based data services, bespoke reporting, and commercial advice to energy sector clients in upstream operations and onshore/offshore energy services.

CleantechData & InfrastructureEnergy

Dominic Ferry(Chief Executive Officer)in

Wireless Seismicwirelessseismic.comin

Wireless Seismic develops wireless seismic data acquisition systems for onshore oil and gas exploration.

Deep TechEnergyHardwareSugar Land, US

Scott Voigt(Vice President of Software Engineering)inJohn Smith(Vice President of Global Marketing)inA. Keith Elder(Vice President of Product Development)inTravis Ohnesorge(Vice President of Customer Services)inMichael Lambert(Chief Executive Officer and President)Keith Sowards(Vice President of Supply Chain)in

Workoversolutionsworkoversolutions.com

WorkOver Solutions manufactures wireline and thru-tubing equipment and tools for oil and gas well intervention and completion operations.

Advanced ManufacturingEnergyHardware

Mark Miller(CEO & President)

Ziliftzilift.comin

Zilift developed permanent-magnet, electrically driven artificial lift technologies for oil and gas wells, including the SpeedDrive through-tubing ESP deployment system and the TorqueDrive electric submersible PCP system for rigless production restoration.

Deep TechEnergyHardwareAberdeen, GB

Iain Macleanin

Co-investorsAramco Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

2TDAbradoAbrado IntlAbrado Wellbore ServicesAPLARKeXDeepFlexDirect Drive SystemsEdrillEnergy DrillingFFA / GeotericHicor TechnologiesIngrainIWCMeta Liner HangerMetronMTEMNEMSNorse Cutting & Abandonment (NCA)NovaDrillOmniwareOsCompOxanePangeoReach Production SolutionsReality MobileRed SpiderRival Downhole ToolsRomarSageriderSeabed GeophysicalSense EDMSense IntellifieldSigmaStingrayVijuWestwood Global EnergyZeropexZiebel

Exits · 1

1 acquisitions

Fotechacq. by BP

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has EV Private Equity made?
EV Private Equity has 69 tracked investments, 1 of which have exited.
What stage does EV Private Equity invest at?
EV Private Equity invests at the Seed, Growth stages.
What is EV Private Equity's typical check size?
EV Private Equity typically writes checks of $5M – $30M.
What sectors does EV Private Equity focus on?
EV Private Equity focuses on Cleantech, Climate Tech, Deep Tech, Energy.
Where is EV Private Equity located?
EV Private Equity is headquartered in Stavanger, NO.

Co-investors · 2

Breakthrough Energy Ventures

Breakthrough Energy, founded by Bill Gates, backs innovators developing affordable, reliable, and clean energy technologies, investing across manufacturing, electricity, agriculture, transportation, and buildings.

$500K – $50M
Prelude Ventures

Prelude Ventures is a venture capital firm founded in 2009 that invests in and supports entrepreneurs building climate-focused businesses to accelerate the transition to a low-carbon economy.

$100K – $5M

Firms observed investing alongside EV Private Equity, from public investor directories. Shared companies are the overlap with EV Private Equity's recorded portfolio.

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