Radar · Energy in Oslo
Best Energy Companies in Oslo, Norway
The 98 best Energy companies in Oslo, Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Scatec Solar.
By Riya SenguptaFinancials
98companies tracked
$3.7Bdisclosed funding
0unicorns
33have raised
FLIAR INTELLIGENCE · ENERGY × OSLO
Our analysis of 441 Energy companies
$135.1b in tracked funding; 76% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
441companies analysed
76%cloud-native stacks
2025funding peak (by rounds)
8unicorns
2013median founding year
2.1Mcombined LinkedIn audience
70%of audience held by top 3
9companies hiring publicly (12 mo)
Ranked: Best Energy companies in Oslo
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Scatec Solar Independent solar producers | $949M | 68 mo ago | 778 | Raymond Carlsen CEO | — | — | — |
| 2 | DHT Crude oil transportation company | $746M | 80 mo ago | 18 18 → 39 (+117%) | Svein Harfjeld Co-CEO | WordPressMySQLPHP+11 | — | 1 expansion |
| 3 | Hoegh LNG Provider of LNG production and sea based transportation services | $430M | 76 mo ago | 180 | Sveinung Støhle President & CEO | — | — | 1 job opening |
| 4 | Mime Petroleum Independent energy company operating across upstream and midstream energy markets | $300M | 76 mo ago | 14 | Sverre Skogen Chairman & CEO | — | — | — |
| 5 | Borr Drilling Provider of drilling services to oil & gas industries | $220M | 53 mo ago | 517 | Patrick Schorn CEO | Node.jsTailwind CSSReact+14 | — | 5 job openings |
| 6 | Scatec Developer of solar and wind energy projects | $193M | 31 mo ago | 778 778 → 1,420 (+83%) | Terje Pilskog Chief Executive Officer | WordPressMySQLPHP+23 | — | 1 partnership · 1 expansion · 1 award |
| 7 | Spring Energy Exploration and production company | $120M | 217 mo ago | — | Paul McDade CEO | — | — | — |
| 8 | NorSun Provider of mono-crystalline-based silicon wafers for the solar energy industry | $100M | 34 mo ago | 228 | Erik Løkke-Øwre Chief Executive Officer | WebflowMicrosoft 365jQuery+7 | — | — |
| 9 | Pandion Energy Independent full-cycle oil and gas company operating on the continental shelf | $100M | 112 mo ago | — | Jan Christian Ellefsen CEO | — | — | — |
| 10 | Otovo Marketplace for residential solar panels | $95M | 3 mo ago | 149 149 → 256 (+72%) | Simen Jorgensen Co-Founder | SentryZendeskNode.js+22 | — | — |
| 11 | Hunter Group Crude oil transportation company | $91M | 29 mo ago | 3 | Erik Frydendal CEO | WordPress Site EditorWordPressMySQL+6 | — | — |
| 12 | Fred. Olsen Windcarrier Offshore wind energy project installer | $85M | 71 mo ago | 10 | — | Windows ServerMicrosoft ASP.NETGSAP+13 | — | — |
| 13 | Empower New Energy Infrastructure fund focused on renewable energy investments | $74M | 42 mo ago | — | Terje Osmundsen Co-Founder & CEO | Wix eCommerceWixSentry+12 | — | 1 partnership |
| 14 | Release Provider of solar design & installation services | $55M | 35 mo ago | 26 | Hans Olav Kvalvaag CEO | WordPress Block EditorWordPressMySQL+17 | — | — |
| 15 | Core Energy Exploration and Production in the Norwegian Continental Shelf | $42M | 125 mo ago | 1 | William Wheeler Founder | — | — | — |
| 16 | Clemens Kraft Independent hydro power producer | $35M | 96 mo ago | 14 14 → 24 (+71%) | Borge Klingan CEO | WordPressMySQLPHP+18 | — | — |
| 17 | Saga Tankers Crude oil transportation company | $33M | 65 mo ago | — | Espen Lundaas CEO | — | — | — |
| 18 | Havgul Develops wind projects | $8M | 186 mo ago | 1 | Emil Thorkildsen Co-Founder & Chairman | — | — | — |
| 19 | GasSecure Provider of wireless gas detection systems for industrial applications | $7M | 137 mo ago | 14 | — | — | 48 patents Patents concentrated in computing, sensing & instrumentation | — |
| 20 | Azane Fuel Solutions Provider of carbon-free ammonia fuel solutions for the maritime transportation industry | $6M | 31 mo ago | 4 | Hakon Skjerstad CEO | — | 11 patents Safety and cooling systems for liquefied ammonia and industrial gases | 1 internship · 1 expansion |
| 21 | Photoncycle Provider of electricity generation, storage, consumption, and payment systems | $5M | 3 mo ago | 6 | Bjorn Brandtzaeg Founder & CEO | RubyAnimate.cssTailwind CSS+13 | 5 patents Photovoltaic energy conversion and solar power generation systems | — |
| 22 | Emergy Developer of wind energy projects | $5M | 73 mo ago | 47 | — | SanityVimeoTailwind CSS+9 | — | — |
| 23 | Arbaflame Developer of bio-energy projects | $3M | 59 mo ago | 11 | — | Wix eCommerceWixSentry+14 | 24 patents Biomass conversion technologies for pellet fuel and carbon‑enriched solid bio‑materials | 1 internship |
| 24 | Scanergy Developer of wind energy projects | $3M | 132 mo ago | 12 | Tor Arne Pedersen CEO | — | — | — |
| 25 | Interoil Exploration and Production Independent oil and gas exploration and production company | $1M | 63 mo ago | 62 | Leandro Carbone CEO | WordPressMySQLPHP+11 | — | — |
| 26 | Bright Products Developer of portable solar-powered lighting and energy solutions | $1M | 69 mo ago | 8 | Marius Andresen Co-Founder & Board Member | Craft CMSPHPYii+22 | 7 patents Solar-powered device mounting systems and flexible casings for portable photovoltaics. | 1 internship |
| 27 | BlueNord Oil and gas company operating in the exploration, development, and production of hydrocarbon resources | $1M | 46 mo ago | — | Melissa Mccarthy CEO | WordPressApple iCloud MailMicrosoft 365+22 | — | — |
| 28 | ECO STOR Startup company that designs and manufactures battery storage systems for various applications, repurposing… | $1M | 37 mo ago | 60 | — | HubSpot CMS HubGoogle MapsBootstrap+24 | 18 patents EV battery health diagnostics and second‑life energy storage integration for renewable power systems | — |
| 29 | Statkraft Provider of renewable energy production services | — | 14 mo ago | 175 | — | Optimizely Content ManagementApple iCloud MailMicrosoft 365+15 | 2 patents Osmotic power generation membranes and pressure‑retarded osmosis system components | 1 partnership · 2 expansions |
| 30 | NordicEPOD Manufacturer of electrical power PODs | — | 24 mo ago | — | Paul Wardell Director & Co-Owner | WordPressMySQLPHP+31 | — | 2 job openings |
| 31 | Hydro Provider of aluminium exploration services | — | 30 mo ago | 385 | Nils Bouveng Founder | Optimizely Content ManagementApple iCloud MailMicrosoft 365+20 | — | 1 partnership · 1 award |
| 32 | DNV Provider of offshore classification, software training, advisory, and data & analytics services | — | 41 mo ago | 12,000 | Steffen Haupt Managing Director | Concrete CMSApple iCloud MailMicrosoft 365+17 | 9 patents Tin‑based cathode catalysts for electrochemical CO₂ reduction and related electrochemical processes | 1 job opening · 1 award |
| 33 | Standard Supply Distributor of air conditioning, heating and refrigeration equipment to oil and gas industries | — | 43 mo ago | — | Espen Landmark Fjermestad CEO | — | — | — |
| 34 | Coolcotld Provider of natural gas liquification and transportation services | — | 43 mo ago | 255 | — | Apple iCloud MailMicrosoft 365Microsoft ASP.NET+17 | — | — |
| 35 | Cloudberry Developer of wind energy projects | — | 44 mo ago | 12 | Anders Lenborg Founder and CEO | Apache HTTP ServerjQuerySlick+4 | — | 1 partnership |
| 36 | DNO Upstream oil and gas company | — | 62 mo ago | 1,449 | — | Google MapsAzurelit-html+13 | — | — |
Top 12 Energy companies in Oslo
#1
Public · Oslo, Oslo · founded 2016 · 149 employees$94.7Mraised▾
Public · Oslo, Oslo · founded 2016 · 149 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 34k LinkedIn followers
Funding rounds
- Mar 2026Post IPO$14M
- Sep 2025Post IPO$4M
- Nov 2023Post IPO$42.7M
- Feb 2022Post IPO$34M
Founders & team
Investors
A Energi, Axel Johnson, Nysno, KLP, Akershus Energi, EIC Rose Rock
Tech stack
BootstrapCart FunctionalityCloudflareCloudflare Bot ManagementCloudflare Browser InsightsCore-Js
#2
Series A · Oslo, Oslo · founded 2020 · 6 employees$5.4Mraised▾
Series A · Oslo, Oslo · founded 2020 · 6 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 4k LinkedIn followers
Funding rounds
- Mar 2026Series A$17.4M
- Apr 2024Series A$5.4M
Founders & team
Investors
Lifeline Ventures, Momentum Partners, Luminar Ventures, Eviny Ventures, NordicNinja, Voima Ventures
Tech stack
Animate.CssAstroCloudflareCloudflare Browser InsightsCore-JsFacebook Pixel
#3
Public · Oslo, Oslo · founded 2007 · 778 employees$193.2Mraised▾
Public · Oslo, Oslo · founded 2007 · 778 employees
Developer of solar and wind energy projects
LinkedIn Pulse recent public activity · Jul 2026
Audience: 138k LinkedIn followers — 6.4% of this cohort's audience
Activity: 1 partnerships · 1 awards · 1 expansions (incl. Scatec, Lyra Energy and Release by Scatec teams) announced in 12 mo
Funding rounds
- Oct 2023Post IPO$102M
- Aug 2022Grant (prize money)$8.8M
- Dec 2018Series C$82.4M
Founders & team
Investors
Climate Fund Managers, Equinor, Norad, British International Investment
#4
Public · Oslo, Oslo · founded 2003 · 3 employees$91.5Mraised▾
Public · Oslo, Oslo · founded 2003 · 3 employees
Crude oil transportation company
Funding rounds
- Jan 2024Post IPO$12M
- May 2019Post IPO$79.5M
Founders & team
Investors
Apollo-Asset
#5
Public · Oslo, Oslo · founded 2007 · 778 employees$949.1Mraised▾
Public · Oslo, Oslo · founded 2007 · 778 employees
Independent solar producers
Funding rounds
- Oct 2020Post IPO—
- May 2020Post IPO$192M
- Dec 2019Post IPO$84.1M
- Sep 2019Post IPO$145.6M
Founders & team
Investors
Equinor, Norfund, PIDG, IFC, Emerging Africa Infrastructure Fund, GCC
Tech stack
WordpressMysqlPhpZurb FoundationYoast SeoNginx
#6
Series C · Oslo, Oslo · founded 2005 · 228 employees$100.3Mraised▾
Series C · Oslo, Oslo · founded 2005 · 228 employees
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.
Funding rounds
- Aug 2023Series C$8.5M
- Jun 2021Grant (prize money)$612.5K
- Jun 2019Conventional Debt—
- Jun 2019Series C$18.5M
Founders & team
Investors
Europa, DNB, Nordea, Innovasjon Norge, Enova, Good Energies
#7
Public · Oslo, Oslo · founded 2005 · 18 employees$746.4Mraised▾
Public · Oslo, Oslo · founded 2005 · 18 employees
Crude oil transportation company
LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Activity: 1 expansions announced in 12 mo
Funding rounds
- Oct 2019Post IPO$26.4M
- Aug 2018Conventional Debt$125M
- Apr 2018Conventional Debt$485M
- Nov 2013Post IPO$110M
Founders & team
Investors
Abn Amro, Nordea, Credit Agricole, ING, Danish Ship Finance, DVB
Tech stack
Amazon SesAmazon Web ServicesApache Http ServerContact Form 7HstsJquery
#8
Series C · Oslo, Oslo · founded 2019 · 26 employees$55Mraised▾
Series C · Oslo, Oslo · founded 2019 · 26 employees
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.
LinkedIn Pulse recent public activity · Jul 2026
Audience: 10k LinkedIn followers
Hiring: 3 hiring posts in 12 mo (public) · hiring: Senior Business Developer, Project Manager (Release)
Activity: 1 partnerships (incl. So Tomé and Prncipe and EMAE) announced in 12 mo
Funding rounds
- Jul 2023Series C$55M
- Jul 2023Conventional Debt$47M
Founders & team
Investors
Climate Fund Managers
Tech stack
CloudflareCookiebotGoogle AnalyticsGoogle Tag ManagerHstsInstant.Page
#9
Public · Oslo, Oslo · founded 2016 · 517 employees$220Mraised▾
Public · Oslo, Oslo · founded 2016 · 517 employees
Provider of drilling services to oil & gas industries
LinkedIn Pulse recent public activity · Jul 2026
Audience: 145k LinkedIn followers — 6.8% of this cohort's audience
Hiring: 5 hiring posts in 12 mo (public) · momentum +5 · hiring: national professionals, jack-up rig experience
Funding rounds
- Dec 2021Post IPO$30M
- Sep 2020Post IPO—
- Mar 2017Series D$220M
Founders & team
Investors
SLB
Tech stack
AosDocusignElementorFont AwesomeGoogle AnalyticsGoogle Font Api
#10
Public · Oslo, Oslo · founded 2006 · 180 employees$430.5Mraised▾
Public · Oslo, Oslo · founded 2006 · 180 employees
Provider of LNG production and sea based transportation services
LinkedIn Pulse recent public activity · Jul 2026
Audience: 58k LinkedIn followers — 2.7% of this cohort's audience
Hiring: 1 hiring post in 12 mo (public) · hiring: Accounts Payable Controller
Funding rounds
- Jan 2020Conventional Debt$124.5M
- Sep 2018Conventional Debt$206M
- Sep 2015Post IPO$100M
Founders & team
Investors
CCB Financial Leasing, KKR
Tech stack
Microsoft Asp.NetRequirejsQ4 Cookie MonsterJqueryJsdelivrGoogle Font Api
#11
Series A · Oslo, Oslo · founded 2017$74Mraised▾
Series A · Oslo, Oslo · founded 2017
Infrastructure fund focused on renewable energy investments
LinkedIn Pulse recent public activity · Jul 2026
Audience: 11k LinkedIn followers
Activity: 1 partnerships (incl. Nigeria and Norway) announced in 12 mo
Funding rounds
- Dec 2022Series A$74M
- Apr 2020Grant (prize money)$760K
Founders & team
Investors
African Development Bank Group, Climate Fund Managers, Janeiro Energy, Norfund, ICFA
Tech stack
BootstrapGoogle CloudGoogle Cloud CdnGsapHstsHttp/3
#12
Acquired · Oslo, Oslo · founded 2017 · 14 employees$300Mraised▾
Acquired · Oslo, Oslo · founded 2017 · 14 employees
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 excellence to generate shareholder value through organic growth opportunities. The company's portfolio is designed for a balanced exposure across the energy value chain.
Funding rounds
- Feb 2020Conventional Debt$32.5M
- May 2017PE$300M
Founders & team
Investors
Bluewater
Funding & investor landscape
$3.7Btotal disclosed funding
28companies funded
68disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Simen Jorgensen
Co-Founder · Otovo
Andreas Thorsheim
Co-Founder & CEO · Otovo
Bjorn Brandtzaeg
Founder & CEO · Photoncycle
Terje Pilskog
Chief Executive Officer · Scatec
Erik Frydendal
CEO · Hunter Group
Raymond Carlsen
CEO · Scatec Solar
Erik Løkke-Øwre
Chief Executive Officer · NorSun
Svein Harfjeld
Co-CEO · DHT
Hans Olav Kvalvaag
CEO · Release
Patrick Schorn
CEO · Borr Drilling
Sveinung Støhle
President & CEO · Hoegh LNG
Terje Osmundsen
Co-Founder & CEO · Empower New Energy
Prism market signals · Norway · country-scoped Prism corpus, 757,739 docs
Market landscape — 10 sub-themes by coverage
Share of Energy coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH FROM Oslo · institutions
What Oslo researches in energy storage
University of Oslo and OsloMet lead Oslo's energy-storage research, focusing dominantly on advanced battery materials and hybrid renewable systems, with a cautiously optimistic tone amid some concerns.
12 papersstance +0.2910% breakthrough30% concern
local research themes
Advanced Battery Materials and TechnologiesAdvancements in Battery MaterialsAdvanced Battery Technologies ResearchHybrid Renewable Energy SystemsTensor decomposition and applicationsPlant Pathogens and Fungal Diseases
top institutions
- University of Oslo12
- 657 Oslo1
- OsloMet – Oslo Metropolitan University1
Common questions
How many Energy companies are there in Oslo, Norway?
Radar tracks 98 indexable Energy companies headquartered in Oslo, Norway that meet our profile-completeness bar.
What is the total funding raised by Energy companies in Oslo, Norway?
The Energy companies in Oslo, Norway on this list have raised a combined $3.7B in disclosed equity funding across 28 funded companies.
Which is the highest-funded Energy company in Oslo, Norway?
Scatec Solar is the highest-funded Energy company in Oslo, Norway, with $949.1M in disclosed equity funding.
How many Energy companies in Oslo, Norway are funded?
28 of the 98 Energy companies in Oslo, Norway on this list have disclosed at least one equity funding round.
How many Energy unicorns are there in Oslo, Norway?
None of the Energy companies in Oslo, Norway on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Oslo, Norway Energy companies?
The most active investors in Oslo, Norway Energy companies on this list include Europa, HitecVision, Climate Fund Managers, DNB, Investinor.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.