About Umoe
Umoe is a private equity firm founded in 1984. It is primarily based in Lysaker, Norway. As of Jul 2026, Umoe is an active investor with a portfolio of 14 companies, comprising 14 funding rounds and 2 acquisitions. In the last 12 months, it has participated in 1 funding round. The firm primarily invests in companies based in Norway and Sweden. Its portfolio is spread across a wide range of sectors from Energy to Environment. Its latest investment was a $***** Series C round in Maritime Robotics on Jun 12, 2026 which also saw participation from Mustard Seed + Partners, Envision and other investors.
Overall Umoe portfolio has seen 2 IPOs and 1 acquisition, namely TGS, REC Silicon and Kverneland Group. A lot of funds co-invest with Umoe, with names like NRP sharing a substantial percentage of its portfolio.
Umoe has a team of 10 people, including 6 partners.
Umoe's Portfolio
Umoe has a portfolio of 14 companies. They have invested in a total of 14 companies. Their most recent investment was in Maritime Robotics (Series C round) on Jun 12, 2026. Here are the most recent investments by Umoe:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jun 12, 2026 | Series C | 3597 | ||
Sep 12, 2024 | Series B | 9321 | ||
Feb 01, 2024 | Seed | 6422 | ||
May 11, 2016 | Series C | 4774 |
Umoe has acquired 2 companies. Their most recent acquisition was of Archipuls on Jun 01, 2009. Here are the most recent acquisitions by Umoe:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Jun 01, 2009 | Provider of lumber production and forest management services using forestry | - | 1992 | |
Jun 01, 2004 | Provider of commercial electrical and control services | - | 1910 |
Here is the portfolio snapshot of Umoe:
Investments by Year
The maximum number of investments were made in 2024
Portfolio by Location
Companies are primarily in Norway and Sweden
Portfolio by Sector
Companies are primarily in Energy
Team profile of Umoe
Umoe has a team of 10 members including 6 Partners and 1 Principal located in Norway. Umoe's team does not sit on the board of any company as of now.Here is a list of all team members in Umoe:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | - | |
Partner | - | - | ||
Partner | Kopervik | - | - | |
Partner | Stavanger | - | - | |
Partner | Oslo | - | - | |
Partner | Norway | - | ||
Principal | Oslo | - | ||
Associate | Oslo | - | ||
Associate | Oslo | - |
Co-investors of Umoe
Over the past 42 years, 7 investors have co-invested in Umoe's portfolio companies.
- Top Co-investors of Umoe: 7 investors entered a company along with Umoe. These include investors like NRP (1 company).
Umoe News
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Maritime Robotics Raises €28M in Funding to Expand its Autonomous Sea Drone SystemsI Insider•Jun 18, 2026•Maritime Robotics, Mustard Seed + Partners, Envision, Nysno and 1 other
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Maritime Robotics Lands $12M Investment to Power International GrowthMarinelink•Sep 12, 2024•Maritime Robotics, NRP, Nysno, Umoe and 1 other
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Sol Voltaics raises $21.3M, looks for commercialization of its solar products.Nordic 9•Jul 06, 2017•Sol Voltaics, Riyadh Valley Company, Umoe, FAM and 3 others
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Sol Voltaics Completes $15.6M in Funding |FinSMEsFinSMEs•Sep 17, 2013•Sol Voltaics, Swedish Energy Agency, Umoe, FAM and 1 other
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