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The Venture Codex

BKK Spring

Solheimsgaten 5, Bergen, Hordaland, 5058, Norway

Overview

Eviny Ventures is the venture fund of the Eviny Group, which invests in start-up and growth companies that think new and have the potential to play a key role in the renewable society of the future.

Total investments
7
Lead investments
1
Investments · 12mo
5
Active investors
3
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Investment portfolio

  • Sensa

    Participated · Equity · Aug 2026

    Sensa builds a software platform that brings industrial context and data-quality controls to sensor and operational data for small and medium-sized industrial firms. The company emphasizes automated detection of sensor faults, data-quality signals and context enrichment so customers can trust inputs used for industrial AI. Founded in 2024, Sensa targets aquaculture, shipping and renewable energy customers and currently has four paying customers. The team includes six staff in Norway and six in Bangladesh via partner Cefalo. Management says the company’s near-term plan is to scale sales and expand customer deployment to drive adoption of its full platform. Financially, Sensa recently raised four million kroner in a round with Eviny Ventures, Tidligfasefond Vestland and Brothers, following a prior five million kroner injection from Startuplab and existing owners.

  • Birdsview

    Participated · Equity · Aug 2026

    Birdsview develops a platform that combines ground-penetrating radar, LiDAR and proprietary algorithms to turn sensor data into 3D models showing rebar position, thickness, cracks, voids and corrosion without drilling. The company launched its first concrete product in January 2025 and after beginning direct pre-sales in March 2026 customers in nine countries adopted the system within weeks. Birdsview started by building sensors to detect rot in wooden utility poles and expanded the approach to concrete; it was founded by Olav Skogen and Simen Husøy while students in Trondheim. The company operates from Bergen and Oslo and has 14 employees. Since launch it has scanned over 100 structures and counts clients such as Vinci, Bouygues Construction, EllisDon, Sweco, Asplan Viak and Rambøll. Customer examples include a Bergen contractor that used Birdsview to map rebar under a basement, saving about 200,000 NOK and two weeks of work.

  • Skyfora

    Participated · Seed · Jun 2026

    Skyfora's core product is software that converts delays in GNSS signals received at telecom tower timing receivers into continuous, minute-by-minute atmospheric profiles (humidity, temperature, pressure). Founded in 2019, the company leverages existing telecom infrastructure so deployments do not require new hardware at sites. Skyfora has completed its first live deployment of Telecom GNSS Meteorology in Europe and won the Deloitte Innovation Accelerator Ventures for Impact award in 2025. The company plans to expand commercially across Europe, the US, and the Middle East and to deepen partnerships with telecom operators and AI weather-forecasting platforms. Financially, Skyfora raised €6.5 million in the latest round and has raised about €11 million in total including prior equity and grants. Its positioning aims to provide high-frequency ground-up atmospheric data to improve weather and climate intelligence for industries such as energy.

  • EnergyExe

    Led · Seed · Mar 2026

    EnergyExe has developed an approach that the article describes as providing new and in-demand insight into how revenue potential in existing wind-power can be increased. The company was founded by Per Christian Grytnes, Aje Singh Rihel and Oliver Stephenson. The announcement highlights Eviny Ventures' investment and notes Eviny's industrial competence and long-term perspective on the energy transition. No operating metrics, revenue figures, founding year, or location are provided in the article. The company's immediate public milestone is securing its first external investor via the 2 million pre-seed investment from Eviny Ventures.

  • Photoncycle

    Participated · Series A · Mar 2026

    Photoncycle is developing a distributed, solid-state hydrogen energy storage system that converts surplus summer solar electricity into hydrogen stored underground and later releases it as heat and power during winter. The technology is aimed at households and small businesses, closing the critical seasonal storage gap that short-duration batteries cannot solve. Photoncycle plans to offer the solution via a subscription bundle that includes solar panels, the storage unit, servicing, and access to energy-trading markets, reducing upfront costs for consumers. At full industrial scale, its proposed 1.4 TWh annual manufacturing facility could equip roughly 140,000 homes with 10 MWh of seasonal storage each. Initial commercial rollout is planned for Denmark and the Netherlands, with longer-term expansion opportunities identified in Japan and the United States. The company recently secured €15 million in Series A funding to finance these initiatives and the first phase of its industrialisation plan.

Team