Nysnø Climate Investments
Government fundStavanger · Seed–Late Stage · 19 people tracked
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.
Team · 19 people
from the firm's website & public directoriesWhat they invest in
from 8 of 8 portfolio companiesCleantech ×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 pathBy year:2026 · 42025 · 15 dated
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
44.01 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 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 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
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
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
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
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 companiesAlva Industries · arcticstartup.com · Aug 20, 2026
Hive · unlistedzone.com · Jul 14, 2026
Hive · unlistedzone.com · Jul 14, 2026
Hive · unlistedzone.com · Jul 14, 2026
Flocean · arcticstartup.com · Dec 12, 2025
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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