DNV Ventures

Overview

DNV Ventures is the corporate venture capital arm of DNV, focusing on investments in startups that align with DNV's purpose of safeguarding life, property, and the environment. Established in 2020, DNV Ventures aims to promote innovation in sectors such as maritime transformation, energy transition, cybersecurity, trust in AI, and digital assets. The fund seeks to partner with founding teams addressing global challenges arising from the energy transition and the fourth industrial revolution. The investment strategy of DNV Ventures emphasizes sectors that align with DNV's deep expertise, including renewables, oil and gas, energy management, maritime, and digital solutions. By leveraging DNV's extensive global network, the fund offers unparalleled opportunities for collaboration, market expansion, and growth. Additionally, DNV Ventures provides expert guidance through DNV's world-renowned testing, certification, and technical advisory services, enhancing business performance and ensuring compliance with industry standards. In September 2024, DNV Ventures launched the 'Trust in AI' fund, actively seeking companies dedicated to responsible artificial intelligence. The first successful investment was made in the Danish company 2021.AI, which facilitates the scaling of responsible AI by offering software that ensures reliability and compliance with the European Union Artificial Intelligence Act. This initiative underscores DNV Ventures' commitment to supporting technologies that build trust in AI, particularly in critical infrastructure sectors such as health, energy, and transport. Through its strategic investments and partnerships, DNV Ventures demonstrates a unique ability to identify and foster growth in promising startups. By collaborating with DNV and its business areas, the fund actively works to find new customer bases and revenue opportunities, ensuring growth in all invested companies. This approach reflects DNV Ventures' dedication to driving global transformations and advancing sustainable solutions across various industries.

Investment Focus

• Startups addressing global challenges in energy transition and industrial revolution
• Alignment with DNV's purpose of safeguarding life, property, and the environment
• Focus on sectors such as maritime transformation, energy transition, cybersecurity, trust in AI, and digital assets

Portfolio Companies