Equinor Ventures

We can provide venture capital and project-based funding of early-phase ideas. All this is supported by technical, market and financial guidance, with a strong drive for piloting and implementing the solutions.

Our current portfolio is primarily in Europe and North America, but we’re open to opportunities globally. We are looking to invest around USD 750 million over the next five years and are seeking to allocate 70% of the capital to renewables, low-carbon solutions and future opportunities.

Equity funding

Equinor Ventures is an active corporate venture partner dedicated to investing in and supporting enthusiastic entrepreneurs build great technology companies. We invest in strong and ambitious companies that help us enhance, expand or explore.

Early-phase funding

The early-phase funding toolbox provides funding for projects and/or companies in an early phase such that working hypotheses may be tested and verified.

• Prize money to promising startup participating in accelerators where Equinor is a strategic partner.
• Pilot funding of a test pilot on technology developed by a startup for an Equinor (or external) customer.
• Convertible loans to fund technology development for a startup, with a clear route to equity investment.

Funds and accelerators

Equinor Ventures is investing in several funds and is also engaged in startup accelerators. Best known is the Equinor & Techstars Energy Accelerator which is a yearly global programme.

Capital

Equinor Ventures is looking to deploy around 750 MUSD over five years. We normally take a minority equity share and our investments can range from under 1 million USD to over 70 million USD depending on the phase and size of the project.

Governance systems

Operating a company in a world with increasing requirements when it comes to handling ESG, trade control, sanctions is complex. We can support you in the manoeuvreing.

Strong team

We will back and coach management teams who have the drive to build successful world-class companies, have entrepreneurial experience and are committed.

Implementation value

We will aim at implementing the technology in Equinor’s value chain to either strengthen the current business, through improving revenue, cost and/or HSE.

Business build

We will assess if the solutions can contribute to grow current or new business segments for Equinor, and thus create mutual benefit for both parties. Together we can create a scalable business model with markets that are large enough to allow the portfolio company to create a competitive advantage and grow quickly to a significant size.