Board & Investors

The Board

Chairman Tellef Thorleifsson, NorthZone Venture
Jan Biti, CoFounder AS
Andre T. Heinz, Sustainable Technology Fund
Asle Jostein Hovda, Investinor
Håvard Lillebo, CFO & Founder of ITS

Investors

Northzone Ventures

Northzone is a European Venture Capital Partnership with a Nordic stronghold. Eight dedicated partners in Oslo, Stockholm and Copenhagen - most of them are former successful entrepreneurs, work round the clock to help their portfolio companies grab whatever world market they are after. They have been around since 1994, raised and managed 5 funds with consistent top-tier returns and currently manage 355 EUR Million.

Impello Management

Impello Management is a strategic and financial advisor for industry corporations, high tech growth companies, and R&D organizations within oil & gas, energy and ICT.

Sustainable Technologies

Sustainable Technologies Fund (STF) is a newly established venture fund focused on investing expansion capital in Nordic cleantech companies. With 4 partners and 3 investment professionals, STF has one of Scandinavia's strongest teams dedicated to cleantech investments. STF has strong links to the US and works actively to introduce Nordic clean technologies to the American market. The partnership has 58 EUR Million under management and currently has five portfolio companies.

Investinor

Cleantech and marine sectors are of particular interest, with i.e. MNOK 500 earmarked for the marine sector. Investinor AS has a co-investment strategy and contributes up to 49% in each round, and can take up to 49% equity ownership of a portfolio company. Investinor is fully owned by Innovation Norway, which is owned by the Norwegian Ministry of Trade and Industry.