Nysnø Klimainvesteringer

Overview

Nysnø Klimainvesteringer is a Norwegian government-owned investment company established in December 2017, focusing on investments that directly or indirectly contribute to reducing greenhouse gas emissions. The company invests in non-listed companies and funds aimed at non-listed companies with operations in or from Norway, primarily targeting early-stage companies transitioning from technology development to commercialization. Nysnø is wholly owned by the Norwegian Ministry of Trade, Industry and Fisheries and has its headquarters in Stavanger. The company's investment strategy encompasses a wide range of asset classes, including private equity, venture capital, infrastructure, real estate, commodities, crypto, hedge funds, and fixed income. Nysnø's geographical focus is primarily on Norway, and it invests across various industries such as technology, renewable energy, environmental services, manufacturing, agriculture, transportation, construction, utilities, mining, forestry, waste management, water treatment, maritime, aquaculture, and bioenergy. The company is open to investments at various stages, from pre-seed to distressed situations. Nysnø's investment philosophy emphasizes the importance of early-stage investments in companies that develop new technologies with a positive impact on society and possess international ambitions and growth opportunities. The company aims to contribute to the green transition by providing capital to companies that address climate challenges in a smart and profitable manner, fostering new, climate-friendly businesses and technological development. Nysnø's portfolio includes investments in companies like MoreScope AS, a software company spun off from SINTEF, and Skagerak Capital V, a Norwegian venture fund investing in technology companies at the intersection of climate technology and artificial intelligence. Through these investments, Nysnø seeks to accelerate the development and commercialization of innovative solutions that contribute to reducing greenhouse gas emissions.