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Equinor Ventures

Equinor Ventures invests in and supports innovative companies to shape the future of energy

Equinor Ventures is Equinor's corporate venture arm dedicated to investing in ambitious early-phase and growth companies. We believe that the innovation, creativity and agility of startups can drive change, and transition the energy industry towards a low-carbon future.

We can provide venture capital, project-based funding of early-phase ideas and an accelerator programme. All this is supported by expert technical and financial guidance, and a strong drive for implementing the solutions in our own business.

Our strategic beliefs

The climate challenge requires rapid changes to the global energy mix

Corporate venturing is an effective tool to explore new value chains

Collaboration in the startup ecosystems will accelerate energy transition

Novel technology and business models will be increasingly important

Technology implementation is key for value creation

Equinor Ventures investments

Equity funding

Equinor Ventures is an active corporate venture partner dedicated to investing in and supporting enthusiastic entrepreneurs build great technology companies.

Early-phase funding

Equinor Ventures' early-phase funding toolbox provides funding and technical advisory to test and verify promising ideas that are at an immature stage.

Funds and accelerators

We engage in several early-phase funds and accelerators. Best known is the Equinor & Techstars Energy Accelerator which is a yearly global programme.

Equinor Ventures portfolio

What we’re looking for in a company

If the strategic fit is strong, we assess what the company can bring to Equinor, now or in the future to help us enhance, expand or explore, and use the following criteria to evaluate which opportunities to pursue


Improve our operations


Test future growth legs


Learn from high-impact solutions

Competitive advantage
We will invest in companies that can convince us that they have the advantage that address all forms of competition and can sustain these advantages over several years.

Scalable business model and market potential
We will target companies with a scalable business model with markets that are large enough to allow the portfolio company to grow quickly to a significant size.

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

Attractive implementation value
Product or service that can be implemented in Equinor’s value chain to either strengthen the current business, through improving revenue, cost and/or HSE. Grow current or new business segments for Equinor.

Exit potential
Strong outlook for a successful exit. Potential for attractive returns will drive our evaluation process.

Our current portfolio is primarily in Europe and North America, but we are open to opportunities globally. We are looking forward to invest around USD 750 million in 2021-2025, and generally take a minority share less than 30%. Our preferred initial ticket size is under USD 20 million.

How to contact Equinor Ventures

Important note: Please be advised that Equinor conducts research and development on a broad scale. To avoid any risk of confusion over ownership, please do not send any confidential information or trade secrets to Equinor. Share only non-confidential information which focuses on high-level descriptions.