Equinor Technology Ventures

What they do

Equinor Ventures serves as the dedicated investment unit for Equinor ASA, one of the world's largest energy companies. With a history dating back to 1991, the firm has evolved from focusing on oil and gas optimization to becoming a major player in the global energy transition. They position themselves as a strategic partner that offers "more than just capital," providing startups with access to Equinor’s massive industrial test sites, R&D facilities, and global supply chain. While they maintain a legacy interest in operational efficiency for offshore assets, their primary mandate is now firmly centered on decarbonization, renewable power, and "electron-related" technologies.

What they look for

The firm invests to "shape the future of energy" by backing companies that can help Equinor transition to a net-zero energy company by 2050. Their thesis is built on three pillars: Enhance (technologies that improve safety, efficiency, and carbon footprint of current oil & gas operations), Expand (solutions that accelerate growth in renewables and low-carbon value chains), and Explore (high-impact, disruptive technologies that could create entirely new business models for the energy sector).

Stage

Pre-seed, Seed, Series A, Series B+

Sectors

Climate, Deeptech, SaaS, AI, Cybersecurity

Based

Stavanger, NO