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Statkraft Ventures

Europe, Nordrhein-Westfalen, Germany, Düsseldorf

Description

Statkraft Ventures is the corporate venture capital arm of Statkraft, Europe's largest generator of renewable energy, headquartered in Düsseldorf, Germany. The firm is strategically focused on accelerating the global energy transition by investing in disruptive technologies and innovative business models within the climate tech and energy sectors. Their investment thesis encompasses critical areas such as renewable energy generation, smart grid solutions, energy efficiency, and the broader digitalization of energy systems, aiming to support solutions that contribute to a sustainable future.

Beyond providing capital, Statkraft Ventures leverages its parent company's extensive industry expertise, market access, and operational footprint. This strategic alignment offers portfolio companies invaluable advantages, including opportunities for commercialization, technical guidance, and strategic partnerships within Statkraft's vast network. The firm primarily targets early-stage companies, typically engaging in Seed to Series B rounds, where their combined financial and strategic support can yield the most significant impact on a startup's growth trajectory.

Since its establishment in 2015, Statkraft Ventures has actively built a diverse portfolio, having invested in over 20 companies across Europe and globally. Their commitment to fostering innovation in climate tech is underscored by a long-term investment horizon, often supporting companies through multiple funding rounds as they scale. Initial investment tickets typically range from €1 million to €5 million (approximately $1.08 million to $5.4 million USD), demonstrating their capacity to provide substantial early-stage funding. This financial commitment, coupled with the strategic backing of a major energy utility, positions Statkraft Ventures as a key partner for startups driving the energy transition.

Investor Profile

Statkraft Ventures has backed more than 46 startups, with 4 new investments in the last 12 months alone. The firm has led 19 rounds, about 41% of its total and boasts 4 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Germany, United States, France.
  • Strong thematic focus on Energy, Renewable Energy, Software.
  • Typical check size: $1.1M – $5.4M.

Stage Focus

  • Series B (26%)
  • Series Unknown (20%)
  • Series A (20%)
  • Seed (15%)
  • Series C (9%)
  • Series D (4%)
  • Private Equity (4%)
  • Series E (2%)

Country Focus

  • Germany (26%)
  • United States (17%)
  • France (15%)
  • Norway (13%)
  • Austria (9%)
  • Switzerland (9%)
  • Sweden (4%)
  • The Netherlands (4%)
  • United Kingdom (2%)

Industry Focus

  • Energy
  • Renewable Energy
  • Software
  • Big Data
  • Analytics
  • Information Technology
  • Cleantech
  • Clean Energy
  • Internet Of Things
  • Solar
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Statkraft Ventures frequently co-invest with?

FJ Labs
North America, New York, United States, New York
Co-Investments: 3
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 2
EnBW New Ventures
Europe, Baden-Wurttemberg, Germany, Karlsruhe
Co-Investments: 4
Partech
Europe, Ile-de-France, France, Paris
Co-Investments: 3
Inven Capital
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 4
Breed Reply
Europe, England, United Kingdom, London
Co-Investments: 3
Heartcore Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 4
VNT Management
Europe, Western Finland, Finland, Vaasa
Co-Investments: 3
UL Ventures
North America, Illinois, United States, Northbrook
Co-Investments: 3
Capital Midwest Fund
North America, Wisconsin, United States, Milwaukee
Co-Investments: 2

Which angels does Statkraft Ventures often collaborate with?

TS
Europe, Nordrhein-Westfalen, Germany, Cologne
Shared Deals: 1
TA
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 1
CO
Europe, Rheinland-Pfalz, Germany, Kempten
Shared Deals: 1
CK
North America, California, United States
Shared Deals: 1
GR
Europe, Bayern, Germany, Munich
Shared Deals: 1

What are some of recent deals done by Statkraft Ventures?

Electra.aero

Washington, District of Columbia, United States

Electra develops hybrid-electric aircraft for sustainable urban and regional air mobility.

AerospaceAir TransportationElectric Vehicle
Series BApr 21, 2025
Amount Raised: $115,000,000
SkySpecs

Ann Arbor, Michigan, United States

SkySpecs is a renewable energy technology company that provides software solutions to optimize asset management, and improve efficiency.

AnalyticsAsset ManagementRenewable EnergyRoboticsWind Energy
Private EquityMar 19, 2025
Amount Raised: $20,000,000
vialytics

Stuttgart, Baden-Wurttemberg, Germany

vialytics' mission is to digitize road management in cities, municipalities and counties

Big DataGovernmentGovTechSaaSSoftware
Series UnknownDec 18, 2024
Amount Raised: $8,280,082
Aira

Stockholm, Stockholms Lan, Sweden

Aira operates as a clean energy-tech company that provides heat pumps and home energy-saving solutions.

CleanTechEnergyHeating, Ventilation, and Air Conditioning (HVAC)
Series BOct 16, 2024
Amount Raised: $68,410,594
Aira

Stockholm, Stockholms Lan, Sweden

Aira operates as a clean energy-tech company that provides heat pumps and home energy-saving solutions.

CleanTechEnergyHeating, Ventilation, and Air Conditioning (HVAC)
Series BJan 16, 2024
Amount Raised: $157,739,173
Wakeo

Paris, Ile-de-France, France

Wakeo provides a Saas platform to bring real time visibility on B2B transport flows.

Freight ServiceInternet of ThingsLogisticsMachine LearningSaaSShippingSupply Chain ManagementTransportation
Series BDec 4, 2023
Amount Raised: $19,507,543
Metaloop

Graz, Steiermark, Austria

Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.

IndustrialLogisticsRecycling
Series ASep 19, 2023
Amount Raised: $17,090,347
NorSun

Oslo, Oslo, Norway

NorSun is a Norwegian solar energy company that manufactures and markets high performance monocrystalline silicon ingots and wafers.

EnergyManufacturingRenewable EnergySolar
Private EquityAug 11, 2023
Amount Raised: $8,630,941
Efficient Energy Technology

Graz, Steiermark, Austria

Efficient Energy Technology makes renewable energy simple, safe, and dependable for everyone.

Energy StorageRenewable Energy
Series AAug 4, 2023
Amount Raised: $7,166,854
Electra.aero

Washington, District of Columbia, United States

Electra is an aerospace company that manufactures hybrid electric aircraft.

Aerospace
Series UnknownJul 26, 2023