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Nysnø Climate Investments

Government fund

Stavanger · Seed–Late Stage · 19 people tracked

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Investment thesis

Nysnø is a Norwegian state-owned investment company focused on climate. It invests in businesses and technologies that reduce greenhouse gas emissions, combining analytical rigor and investment judgment with a people-centered approach to create growth and long-term value for society. Owned by the state and managed through the Ministry of Trade, Industry and Fisheries, the firm targets climate solutions across sectors.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Stavanger, NO
Instruments
Equity
Founded
2017
Last 12 months
5 investments
Tracked investments
8

Team · 19 people

from the firm's website & public directories
Elise Vagle· Kommunikasjonsrådgiver
Pia Charlotte Mæhle· Leder folk og organisasjonin
Sindre T. Eltarvåg· Økonomiansvarligin

What they invest in

from 8 of 8 portfolio companies

Cleantech ×5SaaS ×4AI & Machine Learning ×3Climate Tech ×3Deep Tech ×3Enterprise Software ×2AdTech ×1Advanced Manufacturing ×1

HQs:Canada×1Germany×1Italy×1United States×1

Investments · 8 tracked

founders shown can be your intro path

By year:2026 · 42025 · 15 dated

Heatenheaten.comin✓ verified

HEATEN builds industrial heat pumps that recover waste heat from industrial processes such as steelmaking and convert it into clean power and heat.

CleantechClimate TechEnergyRemscheid, DE

Bernd Loeser(CEO)

Co-investorsAdvent InternationalShell VenturesAzolla Ventures

44.014401.earthin𝕏

44.01 is a carbon removal company that mineralizes CO₂ by using natural processes to permanently convert captured carbon dioxide into rock.

CleantechClimate TechDeep Tech

Talal Hasan(Founder & CEO)in

Co-investorsAir Liquide Venture Capital (ALIAD)Alumni VenturesBascom VenturesBasecamp FundBreakthrough Energy VenturesClimate Investment+8 more

Alva Industriesalvaindustries.comin𝕏

Alva Industries develops electric motors and drive systems using a patented FiberPrinting production technology for ironless, slotless stator windings, offering compact torque motors such as SlimTorq and GearTorq.

Advanced ManufacturingAI & Machine LearningCleantechDeep TechHardwareRobotics

Co-investorsDRONE FUNDEmerald Technology Ventures AgNabtesco Technology VenturesSandwater

Autonomy fka NXCRautonomy.comin𝕏Jul 2026 · $15M

Autonomy is an automotive subscription platform that enables vehicle subscription services as a sustainable business model in automotive retail.

CleantechConsumerMobility & TransportationSaaS

Scott Painter(Founder)inGeorg Bauer(President & Vice Chairman)Fred Weick(Chief Executive Officer)

Co-investorsAngel Collective Opportunity FundBuilders + BackersFJ LabsFlucas VenturesKube VCMoonshots Capital+14 more

Floceanflocean.greeninNov 2025

Flocean AS manufactures subsea desalination systems that convert seawater to freshwater using deep ocean water at depths of 500 meters, designed to minimize environmental impact compared to conventional desalination plants.

CleantechClimate TechDeep TechImpact & Social GoodStavanger, IT

Alexander Fuglesang(Founder & CEO)

Co-investorsBURNT ISLAND VENTURESOrion Protocol

Hivethehive.aiJul 2026 · $15M

Hive provides AI-powered solutions that help sports teams and leagues monetize sponsorship assets through content analysis and automated processes.

AdTechAI & Machine LearningSaaSSports Tech

Kevin Guo(Founder)inDmitriy Karpman(Founder)in

Co-investors8VCEniac VenturesGlynn Capital ManagementRocketship.vcMassiveSkyfall Ventures+2 more

Hivehive.coin𝕏Jul 2026 · $15M

Hive provides marketing and event management software for live event promoters, helping clients send over 2.5 billion emails annually.

AI & Machine LearningEnterprise SoftwareMarketing TechSaaSKitchener, CA

Patrick Hannigan(Founder/CTO)inIan Roberts(Founder)in

Co-investorsY CombinatorSkyfall VenturesSuperSeedVeriten

Hivehive.comin𝕏Jul 2026 · $15M

Hive provides a work management platform for enterprises to align and execute work across teams, with features for portfolio planning, workflow standardization, governance, and reporting.

Enterprise SoftwareFuture of WorkSaaSSector AgnosticNew York City, US

Eric Typaldos(Founder)

Co-investorsComcast VenturesTribeca Venture PartnersAngelPadRembrandt Venture PartnersSkyfall VenturesSuperSeed+1 more

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Nysnø Climate Investments invest at?
Nysnø Climate Investments invests at the Seed, Series A, Series B, Series C, Late Stage stages.
What sectors does Nysnø Climate Investments focus on?
Nysnø Climate Investments focuses on Cleantech, Climate Tech, Energy, Impact & Social Good, Mobility & Transportation, New Materials, PropTech.
Where is Nysnø Climate Investments located?
Nysnø Climate Investments is headquartered in Stavanger, NO.
Who does Nysnø Climate Investments co-invest with?
Nysnø Climate Investments most often shares deals with DRONE FUND, Emerald Technology Ventures Ag, Nabtesco Technology Ventures, among 4 tracked co-investors.

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