# Nysnø

Nysnø is an Operating Fund based in Stavanger, Norway.

## Overview

- **Organization type:** Operating Fund
- **Headquarters:** Stavanger, Norway
- **Region:** Europe
- **Address:** Stavanger, Norway
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **Website:** nysnoinvest.no

## Regulatory record

- **Reports private funds:** No

## About

Nysnø is an investment firm. It has made one investment, deploying $9 million in total capital. The firm focuses on Agriculture and Farming sectors.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- Mobility & Transportation

## People

- Siri Kalvig — CEO

## Questions

### How is Nysnø structured relative to the Norwegian government?

Nysnø is 100% owned by the Norwegian Ministry of Trade, Industry and Fisheries. It operates as a commercial vehicle with a return requirement, not a grant-making body. Its investments are equity-based, and it takes active board positions in portfolio companies.

### What is Nysnø's relationship with Equinor?

Equinor is a frequent strategic co-investor, not a parent or sponsor. The two appear on the same cap tables in hydrogen and offshore wind, notably through the AP Ventures hydrogen fund. Nysnø's Vårgrønn offshore wind joint venture was developed with HitecVision, and Eni's Plenitude later joined as a third partner.

### Does Nysnø invest outside of Norway?

Yes, though its portfolio is concentrated in the Nordics and Northern Europe. Its hydrogen exposure via AP Ventures provides a broader European mandate. Its most concentrated activity remains inside Norway's energy-transition industrial cluster.

### What investment stages does Nysnø target?

Nysnø deploys growth capital, not seed or venture-stage funding. Its investments are concentrated in companies that have proven technology and are scaling commercially, particularly those requiring capital-intensive infrastructure deployment such as offshore wind farms and hydrogen production assets.

## Related profiles

- [Nordea Livförsäkring Sverige](https://altss.com/profile/nordea-livforsakring-sverige-nls)
- [Nürnberger Allgemeine Versicherung](https://altss.com/profile/nurnberger-allgemeine-versicherung)

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Last updated: 2026-06-03T20:00:00.000Z

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