Participated · Equity · Jun 2026

Maritime Robotics develops autonomous maritime systems and has established deployments across demanding dual-use environments. The Trondheim-headquartered firm describes itself as having moved past the experimentation phase toward scaled commercial activity. Management said the company will scale manufacturing and broaden its product portfolio to meet accelerating global demand. The business recently secured a €28 million growth investment to fund that expansion. Investors in the round include Mustard Seed + Partners, EnvisionTech, Nysnø Climate Investments, Umoe AS, and participation from founders, employees, and early backers.

Participated · Equity · Oct 2025

Alotta focuses on replacing diesel-powered generators at remote fish-farming sites with its floating solar technology. The company recently signed a 15-year power purchase agreement to deliver renewable electricity to Mowi Chile’s salmon-farming facility at Huar Norte in the Los Lagos region. Alotta maintains a dual business model: technology development and delivery through the Alotta brand, and power sales via the subsidiary Alotta Energy. Management highlights the systems’ reliability and low noise as key advantages for aquaculture operators. With Chile being the world’s second-largest salmon producer—with more than 600 farms that collectively burn over 60 million litres of diesel per year—Alotta sees significant expansion potential. Proceeds from its latest financing will fund the build-out of international operations, with Chile as the initial focus market.

Led · Equity · Feb 2024

Inseanergy delivers turnkey floating solar cell systems, installing floating solar panels on recycled fish cages to supply green energy to the aquaculture sector. The company has established early customers including Hofseth, Ode, and Bjørøya and emphasizes rapid deployment in sites lacking renewable infrastructure. It aims to target island states and remote regions that currently rely on diesel generators and to scale internationally with investor support. Over the next three years Inseanergy plans to develop and deliver zero-emission systems to make fish farms self-sufficient in energy. The firm highlights a billion-dollar market in salmon and trout farming alone and says the broader global floating-solar market is substantially larger. A recent USD 3 million funding round from strategic investors is intended to support product maturation and international scaling.

Participated · Series C · May 2016

Sol Voltaics is a Lund, Sweden-based solar technology company developing SolFilm™, a patented low-cost thin-film composed of billions of Gallium Arsenide (GaAs) nanowires intended to increase conventional solar panel efficiencies. Led by CEO Erik Smith, the company has confirmed manufacture of nanowires using its low-cost Aerotaxy® process. Sol Voltaics is in the final stages of technology optimization and expects to send samples to partners by the end of 2018. It closed $21.3m in funding to support its next steps. The company intends to use the funds to accelerate commercialization and scaling of its SolFilm technology. Sol Voltaics develops a high-volume production platform for its patented Aerotaxy® nanowire thin-film process aimed at improving the efficiency and sustainability of conventional solar modules. The company is commercializing a tandem-layer nanowire solar film and recently announced alignment of gallium-arsenide nanowires in a thin film that should enable materially higher PV module efficiencies. Led by CEO Erik Smith, Sol Voltaics intends to use new funding to accelerate commercialization of its technology. The business combines materials engineering and scalable manufacturing methods to produce nanowire-enhanced photovoltaic films. Financially, the company secured equity and grant funding in its latest financing to support product development and market rollout. Sol Voltaics, based in Lund, Sweden, develops Solink™, a gallium arsenide nanomaterial additive designed to boost the light‑to‑electricity conversion of crystalline silicon and thin‑film solar modules. The company plans to use the recent financing to move Solink into pilot production and scale toward commercial output. Management, led by CEO David Epstein, projects commercial production of Solink‑enhanced modules beginning in 2015 with volume production in 2016. The product is intended for integration into solar modules to increase efficiency. In conjunction with the round, Sol Voltaics added Thomas Moe Borseth of Umoe and Kang Sun (former CEO of JA Solar and CEO of Amprius) to its board. Sol Voltaics is a Lund, Sweden-based company that develops a new type of material and production method intended to reduce the cost of producing electricity from solar cells. It is developing a rapid fabrication process for gallium arsenide (GaAs) nanowires in which each wire functions as a solar cell. The company intends to use newly raised funds to further advance its products. Sol Voltaics originated from nanotechnology research at Lund University and was founded in 2008. It is led by CEO Bo Pedersen and has several existing corporate and venture backers.