Argentum invests in Energy Ventures I
The Norwegian venture capital firm, Energy Ventures, announced today that they have secured funding of NOK 100 million from Argentum.
Following the investment Energy Ventures will have a total of NOK 300 million under management.
Energy Ventures will invest mainly in companies within the technology sector. Their first two investments have been into SeaBed Geophysical, a company that provides expertise and services to the petroleum industry, and Sense Intellifield, a developer of ICT solution for the petroleum industry.
Read more
| Date of Transaction | 2003-08-15 |
| Closing | Final |
| Fund | Energy Ventures IS |
| Manager | Energy Ventures |
| Stage | Venture |
| Location | Norway, USA, RoW |
| Ind. Focus | Energy |
| Fund Size | NOK 314.0m |
| Vintage Year | 2002 |