When was HitecVision founded?

HitecVision was founded in 1985.

Where is HitecVision's headquarters located?

HitecVision's headquarters is located in Stavanger (Norway).

How big is HitecVision's investment team?

HitecVision has a team of 39, including 23 partners.

How many companies has HitecVision invested in?

HitecVision has invested in 67 companies, including Mtem & Sprng Energy.

Which companies has HitecVision invested in lately?

Fintoil & Cadre are the latest investments by HitecVision.

HitecVision - 2026 Investor Profile, Portfolio, Team & Exits

Most viewed in 2019

HitecVision is a private equity firm founded in 1985. It is primarily based in Stavanger, Norway. As of Aug 2026, HitecVision is an active investor with a portfolio of 67 companies, comprising 67 funding rounds and 10 acquisitions. In the last 12 months, it has participated in 1 funding round. The firm primarily invests in companies based in Norway and United States. Its portfolio is spread across a wide range of sectors from Energy to Energy Tech. Its latest investment was a $***** Series D round in Fintoil on Jul 08, 2026 along with Taaleri.

Overall HitecVision portfolio has seen 4 IPOs and 34 acquisitions, namely Mtem, Sprng Energy and Var Energi. A lot of funds co-invest with HitecVision, with names like Scottish Equity Partners sharing a substantial percentage of its portfolio.

HitecVision has a team of 39 people, including 23 partners.

Key Metrics

Founded Year

1985

Location

Stavanger, Norway

Portfolio Companies

Mtem, Sprng Energy & 65 more

Portfolio Sectors

Energy, Energy Tech

Portfolio Locations

Norway, United States & 7 more

Acquisition Deals

Solveig Gas Norway, Mongstad Administration & 8 more

Investment Deals

Mtem, Sprng Energy & 65 more

View HitecVision's full profile

HitecVision has a portfolio of 67 companies. They have invested in a total of 67 companies. Their most recent investment was in Fintoil (Series D round) on Jul 08, 2026. Here are the most recent investments by HitecVision:

Date	Company	Round	Amount	Co-Investors
Jul 08, 2026	Fintoil	Series D	8351	Taaleri
Nov 07, 2022	Cadre	Seed	6782	Nordkraft
2021	Vargronn	Seed	3898	-
2016	Var Energi	Unattributed	4302	-

View all investments by HitecVision

HitecVision has acquired 10 companies. Their most recent acquisition was of Solveig Gas Norway on Apr 02, 2019. Here are the most recent acquisitions by HitecVision:

Acquisition Date	Company	Short Description	Total Funding	Founded Year
Apr 02, 2019	Solveig Gas Norway	Provider of oil & natural gas exploration and transmission services	-	2011
Mar 08, 2018	Mongstad Administration	Provider of support & managing services for oil and gas fields	-	1984
Jun 01, 2014	Pure E&P	Exploration and Production company focused on Norwegian Continental Shelf	-	2005
Jul 02, 2013	Suretank Group	Manufacturer of modular, offshore tank, and pressure vessel solutions	-	1995

Here is the portfolio snapshot of HitecVision:

Investments by Year

The maximum number of investments were made in 2026

Acquisitions by Year

The maximum number of acquisitions were made in 2019

Portfolio by Location

Companies are primarily in Norway and United States

Portfolio by Sector

Companies are primarily in Energy

HitecVision has a team of 39 members including 23 Partners and 3 Principals located in Norway, United Kingdom and 1 more location. HitecVision's team sits on the board of 1 company.

Here is a list of top team members in HitecVision:

Name	Designation	Location	Board Memberships	Contact Details
Ole Ertvaag	Partner	Stavanger	-	1 Email, 1 Phone number
Pal M Reed	Partner	Oslo	-	1 Email, 1 Phone number
Egil Stokka	Partner	Stavanger	-	1 Email, 1 Phone number
Gunnar Halvorsen	Partner	Stavanger	Flux Group	1 Phone number
Kjell-Erik Endresen	Partner	Stavanger	-	1 Email, 1 Phone number
Tor Espedal	Partner	Stavanger	-	1 Email, 1 Phone number
Jone Skaara	Partner	Stavanger	-	1 Email, 1 Phone number
Sunniva L Bjornstad	Partner	Oslo	-	1 Phone number
Morten A Gilje	Partner	Stavanger	-	1 Phone number
Petter Tandstad Ege	Partner	Oslo	-	1 Email, 1 Phone number
Alf C Thorkildsen	Partner	Stavanger	-	1 Phone number

View team details of HitecVision

Over the past 41 years, 4 investors have co-invested in HitecVision's portfolio companies.

Top Co-investors of HitecVision: 4 investors entered a company along with HitecVision. These include investors like Scottish Equity Partners (1 company).

View the list of Co-Investors of HitecVision

•

HitecVision invests in Fintoil Hamina OyChambers and Partners•Jul 09, 2026•Fintoil, HitecVision

•

EU approves TotalEnergies' acquisition of Neo Next Energy.Fortuneo•Feb 23, 2026•TotalEnergies, HitecVision, Repsol,

•

NEO NEXT+ Rises as UK’s Largest Independent O&G Producer Under MergerOedigital•Dec 08, 2025•TotalEnergies, , Repsol, HitecVision and 7 others

•

HitecVision finalizes the acquisition of 50% stake in Polska Grupa Biogazowa from TotalEnergiesInwestycje.pl•Sep 29, 2025•Polska Grupa Biogazowa, TotalEnergies, HitecVision, Var Energi and 1 other

•

St1 Biokraft opens second bioLNG station in SwedenBioenergy International•Sep 02, 2025•St1Biokraft, HitecVision

•