

Many are probably thinking that Norway is highly ranked as technology providers within the energy domain, but it is alarming that we do not have any Norwegian Unicorns on a list of 83 start-ups Climate Tech Unicorn Developments in the world (ref. This is never easy regardless of where you are located, but in general, most Norwegian start-up companies are advised to solve tangible problems with low impact and lower risk.īoth corporates and finance partners should be willing to take larger risks to enable great ideas that will slow down climate changes with sustainable business models.

There’s little culture for building a deep tech start-up company in Norway thus making it harder. Biggest challenges and opportunities for Element One Energy in the future? In addition, we are planning the next lab scale test phase of our electrolysis technology, where we are inviting pilot customers who need electrolysis technology. We are now focusing on a Pre-SEED funding round, where we are in dialogue with several Norwegian venture capital companies (VC). Yes, that's a good question, as you might understand based on my answer to the first question. I enjoy the all-rounder role, but we are looking forward to building a larger and greater team to speed up the development of our green hydrogen solutions. There has not been much of the typical "CEO" work since then and my daily task, within our startup team, is to alternate between the roles of researcher, engineer, mechanic, salesman, administrator and a lot more. I founded Element One Energy (EoneE) in 2021 and today I am the CEO of the company. This week, we had the pleasure of interviewing Anders Even Kvåle of Element One Energy, a company enabling the future of green hydrogen energy with innovative electrolyser and fuel cell technologies.
#Insight venture partners energy series
Norway's start-up ecosystem has yet to fully embrace the potential of deep tech companies according to CEO Anders Even Kvåle, Founder and CEO of Element One Energy.Ĭluster Insight offers a glimpse into the daily operations of GCE Ocean Technology partners and members through a series of six questions. Useful Tips when Applying for External FundingĮntrepreneurship and Business Developmentĭigitalisation and Supply Chain Innovation
