About Statkraft Ventures
Statkraft Ventures is a venture capital firm founded in 2015. It is primarily based out of Dusseldorf, Germany. As of Jul 2026, Statkraft Ventures is an active investor, having invested in 29 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Germany based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Environment Tech and Energy Tech. Most recently it participated in the $***** Seed round of Alva Overall, Statkraft Ventures portfolio has seen 3 acquisitions, namely Limejump, Greenbird and Depsys. A lot of funds co-invest with Statkraft Ventures, with names like EnBW New Ventures sharing a substantial percentage of its portfolio. Statkraft Ventures has team of 5 people including 2 partners.Key Metrics
Statkraft Ventures' List of Top Investments
Statkraft Ventures has a portfolio of 29 companies. Their most notable investments are in Fluctuo and SkySpecs.Their portfolio spans across Norway, Germany, United States and 7 more locations. They have invested in Enterprise Applications, Environment Tech, Energy Tech and 18 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Statkraft Ventures:1. tado°
Provider of smart thermostats and energy solutions for home heating. The company offers smart radiator thermostats, smart thermostats for boilers and underfloor heating, and heat pump optimizers. It provides an application to manage energy consumption, set schedules, and control heating systems remotely. The company also offers dynamic tariff integration for heat pumps and electric cars.
Key facts about tado°
- Founded Year: 2011
- Location: Munich (Germany)
- Annual Revenue: €10M - €50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $245M
- Employee Count: 161 as on Sep 30, 2026
- Investors: European Investment Bank, Panasonic and 29 Others
- Latest Funding Round: Series E, Mar 18, 2025, $*****
- Highlight: Editors' Pick

2. Deepki
SaaS-driven solutions for energy monitoring for buildings. The company collects data from customers and do the analysis for energy improvement measures and provides a dashboard with appropriate action plans.
Key facts about Deepki
- Founded Year: 2014
- Location: Paris (France)
- Stage: Series C
- Total Funding till date: $177M
- Employee Count: 405 as on Sep 30, 2026
- Investors: Highland Europe, Demeter and 11 Others
- Latest Funding Round: Series C, Mar 30, 2022, $*****
- Highlight: Editors' Pick

3. Electra
Developer of hybrid-electric aircraft for short takeoff and landing capabilities. The company focuses on creating aircraft designed for regional air mobility. The aircraft utilizes blown-lift technology, enabling operations from short distances. The hybrid-electric propulsion system allows flexibility in energy use, with electric power for operations in populated areas.
Key facts about Electra
- Founded Year: 2020
- Location: Falls Church (United States)
- Stage: Series B
- Total Funding till date: $115M
- Employee Count: 154 as on Aug 31, 2026
- Investors: Honeywell, Safran and 6 Others
- Latest Funding Round: Series B, Apr 21, 2025, $*****
- Highlight: Editors' Pick
4. Aira
Provider of clean energy solutions and heat pumps for sustainable homes. It help households transition to more sustainable, cost-effective energy systems. Specializes in heat pumps and integrated home energy solutions designed to reduce carbon emissions, lower energy costs, and improve energy efficiency. It is focused on accelerating residential electrification, the provider makes clean energy technology more accessible and affordable, supporting the shift toward a greener and more sustainable future.
Key facts about Aira
- Founded Year: 2022
- Location: Stockholm (Sweden)
- Annual Revenue: $10M - $50M as on Dec 31, 2024
- Stage: Series C
- Total Funding till date: $333M
- Employee Count: 667 as on Sep 30, 2026
- Investors: BNP Paribas, Temasek and 8 Others
- Latest Funding Round: Series C, Aug 11, 2025, $*****
- Highlight: Editors' Pick

5. Hydrosat
Satellite data for irrigation and crop management solutions, providing field-level and regional-level analytics for informed decisions and sustainable practices. The company leverages thermal infrared satellite technology and proprietary algorithms to deliver timely information and recommendations for efficient irrigation and crop management. They offer solutions used on millions of hectares worldwide, turning raw data into actionable insights for decision-makers. The company's technology helps governments preserve water and increase farmers' crop yields, addressing water scarcity and enhancing food security. They provide a user-friendly web portal, mobile application, and API for easy access to their data and analytics. The company's services support sustainable agriculture and environmental operations, creating a more sustainable world. They offer subscription packages and focus on water productivity, water compliance monitoring, and field irrigation planning.
Key facts about Hydrosat
- Founded Year: 2017
- Location: Washington, DC (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $108M
- Employee Count: 117 as on Aug 31, 2026
- Investors: USAGov, University of Michigan and 20 Others
- Latest Funding Round: Series B, Jan 15, 2026, $*****
- Highlight: Editors' Pick
Statkraft Ventures' Year-on-Year Investment Trends
Statkraft Ventures has invested in 29 companies over the last 11 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 2 investments, while as of Jul 2026, it has made 2 investments in this year. Its most recent first time investment was in Alva and most recent follow-on round was in Hydrosat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 0 | 2 | 2 |
2024 | 2 | 0 | 2 |
2023 | 5 | 1 | 6 |
2022 | 5 | 4 | 9 |
2021 | 1 | 1 | 2 |
2020 | 3 | 1 | 4 |
2019 | 3 | 3 | 6 |
2018 | 2 | 1 | 3 |
2017 | 2 | 0 | 2 |
Statkraft Ventures' Investments by Stage
Statkraft Ventures has made 12 investments in Series A stage with an average round size of $8.29M, 7 investments in Seed stage with an average round size of $5.48M, 6 investments in Series B stage with an average round size of $37.5M and 2 investments in Series C stage with an average round size of $20.8M.Stage of entry | No. of Investments |
|---|---|
Series A | 12 |
Seed | 7 |
Series B | 6 |
Series C | 2 |
Note: We have considered here, only first round of investments
Statkraft Ventures' Investments by Sector
Statkraft Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Environment Tech, Sustainability Tech, Energy Tech and High Tech. Notably, it has invested in 24 Tech companies, 23 Enterprise (B2B) companies, 16 Software companies and at least 10 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 15 |
Environment Tech | 14 |
Sustainability Tech | 14 |
Energy Tech | 11 |
High Tech | 8 |
Others | 60 |
Note: We have considered here, only first round of investments
Statkraft Ventures' Investments by Geography
Statkraft Ventures has made most investments in Germany (6), followed by United States where it has made 6 investments.Country | No. of Investments |
|---|---|
Germany | 6 |
United States | 6 |
France | 5 |
Norway | 5 |
Austria | 2 |
Others | 6 |
Note: We have considered here, only first round of investments
Statkraft Ventures' recent investments
Statkraft Ventures has made 2 investments in 2026 so far - Alva and Hydrosat.Here are the most recent investments by Statkraft Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 02, 2026 | Norway | Seed | 1384 | [+4] | |
Jan 15, 2026 | United States | Series B | 7552 | [+7] | |
Apr 21, 2025 | United States | Series B | 8318 | [+4] | |
Mar 17, 2025 | United States | Series D | 3808 | [+1] | |
Dec 18, 2024 | China | Series A | 9734 | [+2] |
Acquired companies in Statkraft Ventures' Portfolio
3 companies from Statkraft Ventures' portfolio have been acquired. The most recent acquisition was Greenbird in Aug 2023 by GE Vernova for $*****.Here are Statkraft Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 14, 2023 | Nov 07, 2016 | Series A | 8990 | |
Nov 30, 2022 | Jun 14, 2016 | Series A | 5664 | |
Feb 27, 2019 | Jul 27, 2017 | Series A | 5268 |
Team profile of Statkraft Ventures
Statkraft Ventures has a team of 5 members including 2 Partners and 2 Principals located in Norway and Germany. Statkraft Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Statkraft Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Berlin | - | ||
Partner | Oslo | - | - | |
Principal | Germany | - | - | |
Principal | Oslo | - | - |
Co-investors of Statkraft Ventures
Over the past 11 years, 192 investors have co-invested in Statkraft Ventures's portfolio companies. This includes funds and angels.
- Invested before Statkraft Ventures: Europa, Techstars and 60 others have invested in rounds before Statkraft Ventures. There are 4 companies where Europa has invested before Statkraft Ventures and 3 companies where Techstars has invested before Statkraft Ventures.
- Top Co-investors of Statkraft Ventures: 55 investors entered a company along with Statkraft Ventures. These include investors like EnBW New Ventures (2 companies).
- Invested after Statkraft Ventures: A total of 75 investors have invested in Statkraft Ventures's portfolio after their investments. Top Investors include BNP Paribas (3 companies), Inven Capital (2 companies) and European Innovation Council (2 companies).
Recent News related to Statkraft Ventures
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Hydrosat Secures €51 Million to Advance Thermal Satellite Tech for Water and Agricultural Risk ManagementEU-Startups•Jan 15, 2026•Hartree Partners, Hydrosat, Axiom Space, https://www.subutai.vc/ and 6 others
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SkySpecs Raises $20m to Fuel Global Growth and InnovationFinancial Post•Mar 19, 2025•SkySpecs, Statkraft, Equinor, Goldman Sachs and 1 other
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Aira: Swedish Clean-Energy scale-up receives 63 million eurosTrending Topics•Oct 16, 2024•Aira, Temasek, Statkraft Ventures, Kinnevik and 2 others
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Sheffield based Swedish clean-tech startup secures £125m investment boostBdaily•Jan 19, 2024•Altor Equity Partners, Kinnevik, Temasek, Collab Fund and 13 others
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Heat pump specialist raises £124m in funding roundTheBusinessDesk.com•Jan 18, 2024•Aira, Altor Equity Partners, Kinnevik, Temasek and 5 others
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Wakeo raises €18M for supply chain visibility and sustainabilityTech.eu•Dec 04, 2023•Wakeo Technologies, Statkraft Ventures, Promus Ventures, 360 Capital Partners and 2 others
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Schrott24: Graz startup raises 16 million euros in Series A for the Metaloop brandbrutkasten•Sep 19, 2023•Schrott24, Metaloop Technologies, FirstMark, Silence and 2 others
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Metaloop raises 16 million euros in Series A roundStartbase•Sep 19, 2023•Metaloop, FirstMark, Silence, Statkraft Ventures and 1 other
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NorSun secures $8.5 million in recent funding roundpv magazine•Aug 17, 2023•Ardal Energi Holding, Statkraft Ventures, NorSun
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Graz solar startup would like to grow to over 100 employees with an investment of 6.5 millionbrutkasten•Aug 04, 2023•EET, Junction Growth Investors, Statkraft Ventures, Fortress