Fundraising Fox

Thor Olav Thorsnes Egeland

Investor

Managing Director at Statkraft Ventures

Norway

About

Thor Olav Thorsnes Egeland is VP and Managing Director of Statkraft Ventures, which he joined in December 2023 to grow the firm's investment activity in clean energy. He previously spent 14 years at Equinor, moving from investment analyst roles to Investment Manager, and from 2021 led Equinor Ventures' global clean-power investment strategy. He holds an MSc in Finance and Economics from the University of Warwick, with a background in renewable energy, venture capital, and M&A.

LinkedIn ↗

Invests in

CleantechClimate TechEnergy

Experience

  1. StatkraftManaging Director Statkraft Venturescurrent2025 — presentOslo, Norway
  2. StatkraftVice President Portfolio Nordics2023 — 2025Oslo, Norway
  3. EvinyBoard Director Evinycurrent2025 — present
  4. EquinorLeading the Clean Power team in Equinor Ventures2021 — 2023Oslo, Norway
  5. EquinorSenior Investment Manager, Equinor Ventures2021 — 2022Oslo, Norway
  6. EquinorInvestment Manager, Equinor Energy Ventures2016 — 2021Oslo Area, Norway
  7. RovcoBoard Member2022
  8. eSmart SystemsBoard Member2020 — 2022
  9. Oxford PVBoard Observer2020 — 2022Oxford, England, United Kingdom
  10. SkySpecsBoard Observer2019 — 2020
  11. StatoilSenior Investment Analyst, upstream oil & gas business development2014 — 2016Oslo Area, Norway
  12. StatoilSenior Investment Analysis, oil & gas exploration2012 — 2014Oslo, Norway
  13. StatoilCorporate Trainee2009 — 2012Stavanger (Norway), Oslo (Norway), London (UK)

Education

  1. University of Warwick - Warwick Business SchoolMSc, Finance and Economics2008 — 2009
  2. University of Bergen (UiB)BS, Economics2005 — 2008
  3. University of Cape TownExchange programme, Finance and Economics2007

Skills & more

Strategy9SAP3Oil/Gas4Economics13Financial Modeling8Business Development5Competitive Analysis6Upstream4Valuation4Corporate Finance5Venture Capital

From Thor's professional profile.

Same school

Also attended University of Warwick - Warwick Business School57

Julien BekInvestor at Sequoia CapitalEd BarrowCorporate Strategy, Market Mapping and M&A Expert at Notion CapitalTim SchmidtVice President, Fund Finance at Northpond VenturesHarleen ThakralVice President at Elev8.vcDr. Ignacio Pérez HallerbachGlobal Head of Partners & Platform at NavVis at PICUS CAPITALLena-Lou Simon-VirolleAI Implementation & Systems Lead at Fuel Ventures

+ 51 more

Also attended University of Bergen (UiB)18

RonnyInvestor at InvestinorVibekeInvestor at InvestinorØivind EngerPartner, Life Sciences at Sarsia Management ASHilde HoldhusPartner, Technology, Energy and Sustainability at Sarsia Management ASNatalie MildeInvestment Associate at Future Energy VenturesSiri KalvigCEO at Nysnø Climate Investments

+ 12 more

Also attended University of Cape Town125

Roelof BothaAdvisor & former Steward at Sequoia Capital; SpaceX board memberJames DetweilerVP of Investments at Felicis VenturesAvron MarcusInvestor at Index VenturesLaurel BowdenPartner at 83NorthAlan EzekowitzInvestor at Third Rock VenturesAndy VitusPartner at Scale Venture Partners

+ 119 more

Shared employers

Also worked at Statkraft6

Alexander KüppersInvestment Director at Statkraft VenturesTorgunn OldeideInvestment Director at Statkraft VenturesCengiz PolatVentures CFO at Statkraft VenturesMarit SalteNon-Executive Director at Smedvig CapitalBruno BritoPartner at Cedro CapitalSilje Merete GrønningSenior Associate at Energy Impact Partners

Also worked at Equinor6

Dinesh GanesanPrincipal at ArcTern VenturesTim KrysiekManaging Partner at MassMutual VenturesJohn Egil JohannessenInvestment Manager at Nysnø Climate InvestmentsYvonne Silden LangloSenior investeringsansvarlig at Nysnø Climate InvestmentsJuliette RichertPrincipal at The Artemis FundHakeem Belo-OsagieCo-Founder at Metis Capital

Also worked at eSmart Systems4

Dinesh GanesanPrincipal at ArcTern VenturesMoritz JungmannInvestment Partner at Future Energy VenturesSiri KalvigCEO at Nysnø Climate InvestmentsThomas LabrygaPartner at Vireo Ventures

Also worked at SkySpecs7

Tim StreitGeneral Partner & Co-Founder at Grand VenturesAlexander KüppersInvestment Director at Statkraft VenturesScott MacDonaldCo-Founder and Managing Partner at McRock CapitalUdit BhatnagarVice President at McRock CapitalTim KrysiekManaging Partner at MassMutual VenturesAlexander Viterbo-HortenGeneral Partner of PSV Tech at PSV

+ 1 more

Investments

Board seats

eSmart SystemsOxford PV

Per the firm's website.

Colleagues at Statkraft Ventures

Alexander Küppers
Investment Director at Statkraft Ventures
Anders Prietz
Managing Director at Statkraft Ventures
Cengiz Polat
Ventures CFO at Statkraft Ventures
Lars Odin Mellemseter
Investment Director at Statkraft Ventures
Odette Yga
Associate at Statkraft Ventures
Stefan Hülsen
Investment Director at Statkraft Ventures
Steffen Funck
Investment Director at Statkraft Ventures
Torgunn Oldeide
Investment Director at Statkraft Ventures