98 indexable Energy companies headquartered in Oslo, Norway, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $3.7B across 28 funded companies.
| # | Company | Funding | Valuation | Stage | Latest round | Employees | Founded | Momentum |
|---|---|---|---|---|---|---|---|---|
| 1 |
Otovo
Marketplace for residential solar panels |
$94.7M | — | Public | Post IPO Mar 2026 | 149 | 2016 | ↑ Active |
| 2 |
Photoncycle
Provider of electricity generation, storage, consumption, and payment systems |
$5.4M | — | Series A | Series A Mar 2026 | 6 | 2020 | ↑ Active |
| 3 |
Scatec
Developer of solar and wind energy projects |
$193.2M | — | Public | Post IPO Oct 2023 | 778 | 2007 | — |
| 4 |
Hunter Group
Crude oil transportation company |
$91.5M | — | Public | Post IPO Jan 2024 | 3 | 2003 | — |
| 5 |
Scatec Solar
Independent solar producers |
$949.1M | — | Public | Post IPO Oct 2020 | 778 | 2007 | — |
| 6 |
NorSun
Provider of mono-crystalline-based silicon wafers for the solar energy industry |
$100.3M | — | Series C | Series C Aug 2023 | 228 | 2005 | — |
| 7 |
DHT
Crude oil transportation company |
$746.4M | — | Public | Post IPO Oct 2019 | 18 | 2005 | — |
| 8 |
Release
Provider of solar design & installation services |
$55M | — | Series C | Conventional Debt Jul 2023 | 26 | 2019 | — |
| 9 |
Borr Drilling
Provider of drilling services to oil & gas industries |
$220M | — | Public | Post IPO Dec 2021 | 517 | 2016 | — |
| 10 |
Hoegh LNG
Provider of LNG production and sea based transportation services |
$430.5M | — | Public | Conventional Debt Jan 2020 | 180 | 2006 | — |
| 11 |
Empower New Energy
Infrastructure fund focused on renewable energy investments |
$74M | — | Series A | Series A Dec 2022 | — | 2017 | — |
| 12 |
Mime Petroleum
Independent energy company operating across upstream and midstream energy markets |
$300M | — | Acquired | Conventional Debt Feb 2020 | 14 | 2017 | — |
| 13 |
Fred. Olsen Windcarrier
Offshore wind energy project installer |
$84.7M | — | Funding Raised | Conventional Debt Jun 2020 | 10 | 2008 | — |
| 14 |
Azane Fuel Solutions
Provider of carbon-free ammonia fuel solutions for the maritime transportation industry |
$5.7M | — | Series A | Series A Oct 2023 | 4 | 2020 | — |
| 15 |
Spring Energy
Exploration and production company |
$120M | — | Acquired | PE Apr 2008 | — | 2007 | — |
| 16 |
Pandion Energy
Independent full-cycle oil and gas company operating on the continental shelf |
$100M | — | Late Stage | PE Jan 2017 | — | 2016 | — |
| 17 |
Saga Tankers
Crude oil transportation company |
$32.7M | — | Public | Post IPO Dec 2020 | — | 2010 | — |
| 18 |
Core Energy
Exploration and Production in the Norwegian Continental Shelf |
$42M | — | Deadpooled | PE Jan 2016 | 1 | 2010 | — |
| 19 |
Clemens Kraft
Independent hydro power producer |
$34.5M | — | Funding Raised | Conventional Debt 2018 | 14 | 2012 | — |
| 20 |
ECO STOR
Startup company that designs and manufactures battery storage systems for various applications, repurposing used electric vehicle batteries to provide affordable and sustainable energy storage solutions |
$1.1M | — | Funding Raised | Grant (prize money) May 2023 | 60 | 2018 | — |
| 21 |
Emergy
Developer of wind energy projects |
$4.8M | — | Series A | Series A Apr 2020 | 47 | 2004 | — |
| 22 |
Arbaflame
Developer of bio-energy projects |
$2.9M | — | Seed | Seed Jul 2021 | 11 | 2005 | — |
| 23 |
GasSecure
Provider of wireless gas detection systems for industrial applications |
$7.4M | — | Acquired | Grant (prize money) Jan 2015 | 14 | 2008 | — |
| 24 |
Havgul
Develops wind projects |
$8.1M | — | Deadpooled | Series A Nov 2010 | 1 | 2007 | — |
| 25 |
BlueNord
Oil and gas company operating in the exploration, development, and production of hydrocarbon resources |
$1.1M | — | Public | Post IPO Aug 2022 | — | 2005 | — |
| 26 |
Interoil Exploration and Production
Independent oil and gas exploration and production company |
$1.2M | — | Public | Post IPO Mar 2021 | 62 | 2005 | — |
| 27 |
Scanergy
Developer of wind energy projects |
$2.6M | — | Funding Raised | Conventional Debt 2015 | 12 | 2006 | — |
| 28 |
Bright Products
Developer of portable solar-powered lighting and energy solutions |
$1.2M | — | Funding Raised | Grant (prize money) Sep 2020 | 8 | 2011 | — |
| 29 |
Statkraft
Provider of renewable energy production services |
— | — | Funding Raised | Conventional Debt Apr 2025 | 175 | 1895 | ↑ Active |
| 30 |
NordicEPOD
Manufacturer of electrical power PODs |
— | — | Seed | Seed May 2024 | — | 2022 | — |
| 31 |
Hydro
Provider of aluminium exploration services |
— | — | Public | Grant (prize money) Dec 2023 | 385 | 1905 | — |
| 32 |
DNV
Provider of offshore classification, software training, advisory, and data & analytics services |
— | — | Funding Raised | Grant (prize money) Jan 2023 | 12,000 | 1864 | — |
| 33 |
Standard Supply
Distributor of air conditioning, heating and refrigeration equipment to oil and gas industries |
— | — | Seed | Seed Nov 2022 | — | 2022 | — |
| 34 |
Coolcotld
Provider of natural gas liquification and transportation services |
— | — | Public | Post IPO Nov 2022 | 255 | 2018 | — |
| 35 |
Cloudberry
Developer of wind energy projects |
— | — | Public | Post IPO Sep 2022 | 12 | 2017 | — |
| 36 |
DNO
Upstream oil and gas company |
— | — | Acquired | Grant (prize money) Apr 2021 | 1,449 | 1971 | — |
| 37 |
Fred Olsen Ocean
Provider of integrated solutions for the offshore renewable energy industry |
— | — | Funding Raised | Grant (prize money) Nov 2018 | — | 1993 | — |
| 38 |
BW Group
Offshore crude oil & natural gas transportation company |
— | — | Acquired | Conventional Debt Oct 2017 | 5,000 | 1955 | — |
| 39 |
Bonheur
Investor in renewable energy, wind services, cruise lines, and other investments |
— | — | Public | Conventional Debt Jun 2014 | 4,473 | 1897 | — |
| 40 |
Thor Energy
Thorium based nuclear fuel developer |
— | — | Series A | Series A 2013 | 1 | 2006 | — |
| 41 |
Seatower
Innovative foundations for offshore wind |
— | — | Series A | Series A Oct 2012 | 4 | 2006 | — |
| 42 |
Abbon
Provider of multiphase flow measurement solutions for the oil & gas industry |
— | — | Unfunded | — | 2 | 2004 | — |
| 43 |
Aega
Independant power producer |
— | — | Public | — | 2 | 2013 | — |
| 44 |
akofs offshore
AKOFS Offshore is providing oil field and construction services to the oil & gas industry. |
— | — | Acquired | — | 90 | 2006 | — |
| 45 |
Araca
Oil and gas exploration and production company |
— | — | Deadpooled | — | — | 2006 | — |
| 46 |
Avance Gas
Provider of transportation services |
— | — | Public | — | 273 | 2007 | — |
| 47 |
Awilco LNG
Manufacturer of promotional materials, leather goods, and souvenirs |
— | — | Public | — | 8 | 2011 | — |
| 48 |
Battkomp
Manufacturer of lithium-ion batteries |
— | — | Unfunded | — | — | 2020 | — |
| 49 |
Bwgas
Provider of sea based oil & gas vessel transportation and production services |
— | — | Deadpooled | — | 84 | 1935 | — |
| 50 |
Deep Value Driller
Provider of drilling services to the oil and gas industry |
— | — | Public | — | — | 2021 | — |
Otovo is a marketplace that makes it easy for homeowners to get solar panels on their roofs. They organize a network of local, high-quality energy providers, allowing homeowners to save money and contribute to the environment.
Photoncycle is a company that aims to revolutionize the way electricity is generated, stored, consumed, and paid for. They are focused on building an autonomous energy system enabled by innovative technology that is affordable for many. The company is founded by Bjorn Brandtzaeg, who has extensive experience in the energy industry.
Developer of solar and wind energy projects
Crude oil transportation company
Independent solar producers
Provider of mono-crystalline-based silicon wafers for the solar energy industry. The company offers wafers that are made from high-quality poly-silicon and have automatic wafer singulation and inline cleaning solutions.
Crude oil transportation company
Operator of a renewable energy company headquartered in Oslo, Norway. The company designs, finances, and installs scalable solar power plants and battery storage and leases out the equipment on short or long-term contracts.
Provider of drilling services to oil & gas industries
Provider of LNG production and sea based transportation services
Infrastructure fund focused on renewable energy investments
Independent energy company operating across upstream and midstream energy markets. This includes development, production, and exploration activities, as well as midstream activities such as oil processing, offloading, and gas storage. The company holds assets in various fields, encompassing both onshore and offshore operations. Its business model focuses on strategic mergers and acquisitions and operational excellenc
Europa
HitecVision
Climate Fund Managers
.png1512733421645){kind=logo}
DNB
Investinor
Norfund
Scatec Innovation
Abn Amro
Antler
_1530170040908.jpeg){kind=logo}
Equinor
Eviny Ventures
Nordea
Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-21.
_1557116690131.png){kind=logo}
_1581421310376.png){kind=logo}
_1550465056894.png){kind=logo}
.png1510736787901){kind=logo}
_1543223804562.png){kind=logo}
.png1516256303374){kind=logo}
