Equinor Energy Ventures

Equinor Technology Ventures, also known as Equinor Ventures, is the corporate venture capital arm of Equinor ASA, a Norwegian state-owned multinational energy company operating in more than 30 countries. Founded in 1991 in Stavanger, Norway, the firm invests in ambitious early-phase and growth companies, operating on the belief that startup innovation, creativity, and agility can drive meaningful change toward a low-carbon future. The firm concentrates on identifying and implementing deployable technologies and business models within Equinor's global value chain. Equinor Ventures deploys $3 million to $50 million per investment at Series A, Series B, and later stages, with 42 investments recorded across the energy transition space. Focus sectors include energy, clean technology, AI and deep tech, hardware and industrial technology, and SaaS. Notable portfolio companies include Oxford PV in perovskite solar cells, EcoLectro in green hydrogen, ElectronX in energy trading, Hysun in solar-to-hydrogen conversion, Attributes in digital energy platform technology, and Powertrust in clean energy procurement. The portfolio spans Europe and the United States. Equinor Ventures operates as a strategic investor rather than a financial-only allocator, working to accelerate the commercialization of technologies that can be tested, validated, and deployed at scale within Equinor's global operations. The firm's corporate backing from one of the world's largest energy companies gives portfolio companies access to significant infrastructure, engineering expertise, and commercial relationships that purely financial VCs cannot replicate in the energy and industrial technology sectors.