DNB Bank

DNB Bank is a prominent Norwegian financial services group headquartered in Oslo, offering a comprehensive range of financial products and services to both retail and corporate customers. Established in 1822, DNB provides loans, savings accounts, advisory services, insurance, and pension products. The bank's personal banking offerings include various savings and investment options. For corporate clients, DNB delivers investment banking services that encompass financial and strategic advice related to capital raising, mergers and acquisitions, and restructurings. Its clientele spans multiple sectors, including energy, manufacturing, healthcare, shipping, and technology. DNB distributes its services through various channels, including mobile and online banking, bank offices, and in-store outlets, ensuring accessibility for its diverse customer base.

Sven Gustav Bakken

Managing Director, Capital Markets

Thor Tellefsen

Senior Vice President and Head of Long Term Funding

Past deals in Norway

Kvist Solutions

Seed Round in 2025
Kvist Solutions specializes in developing software for simplifying BREEAM certification processes. Its platform provides a comprehensive overview of projects, facilitating clearer paths to sustainability certification. Based in Oslo, Norway, with 15 employees, the company empowers users to make sustainable choices through its tools.

Veidekke

Post in 2025
Veidekke ASA is a prominent construction and property development firm based in Scandinavia. The company engages in a wide range of activities, including the construction of residential and non-residential buildings, civil engineering projects, and infrastructure developments. It operates through six segments: Construction Norway, which focuses on apartment complexes and commercial buildings; Infrastructure Norway, covering road maintenance, railways, and airports; Construction Sweden, which involves residential units, offices, and cultural institutions; Infrastructure Sweden, focusing on energy, heavy industry, and recycling facilities; and operations in Denmark. Veidekke is committed to delivering high-quality construction services while emphasizing sustainability and innovation in its projects.

Borregaard ASA

Post in 2024
Borregaard ASA is a Norwegian company that develops, produces, and sells biomaterials, biochemicals, and fine chemicals, with operations in Europe, the United States, and Asia. The company is organized into three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment specializes in biopolymers used as binding and dispersing agents across various industries, including construction and agrochemicals, and also produces biovanillin for the food and beverage sector. The BioMaterials segment offers specialty cellulose, which serves as a raw material in the manufacturing of cellulose ethers and other specialty products, as well as cellulose fibrils for industrial applications. The Fine Chemicals segment provides pharmaceutical intermediates and bioethanol. Borregaard ASA operates green biorefineries, focusing on environmentally friendly biochemicals derived from renewable resources, thereby offering sustainable alternatives to oil-based products. Established in 2012, the company is headquartered in Sarpsborg, Norway.

Scandi Standard

Post in 2024
Scandi Standard is a Nordic poultry company that produces and distributes chicken and chicken-based products to domestic and export markets in the Nordic region and Ireland. It markets its products under brand names such as Kronfågel, Danpo, Den Stolte Hane, Naapurin Maalaiskana and Manor Farm and operates across Sweden, Denmark, Norway, Ireland, Lithuania and Finland, offering ready-to-cook and ready-to-eat products to both domestic and international customers.

Salmon Evolution

Post in 2023
Salmon Evolution AS is a land-based salmon farming company headquartered in Molde, Norway. Founded in 2017, the company utilizes hybrid flow-through technology to capitalize on optimal conditions for raising salmon. Its production facility is located in Indre Harøy, offering access to a skilled workforce, established infrastructure, renewable energy, and a continuous supply of fresh seawater. Salmon Evolution focuses on the sustainable production of high-quality salmon, ensuring the health and growth of the fish while minimizing environmental impact. The company operates through two reportable segments: Farming Norway, which encompasses various subsidiaries, and Other, which includes revenue and costs not directly tied to the farming activities.

Otovo

Post in 2023
Otovo is a renewable energy company that simplifies the process of obtaining solar panels and batteries for homeowners. Established in Oslo in 2016, Otovo operates a marketplace that connects customers with a network of thoroughly vetted local energy installers. Utilizing proprietary technology, the company assesses the solar potential of residential properties and provides tailored project recommendations. Otovo has successfully completed thousands of solar energy installations across Europe, striving to become the leading residential solar energy provider on the continent. The company consists of a diverse team of engineers, programmers, and technical consultants located in various European cities, including Stockholm, Paris, and Madrid. In addition to facilitating the installation of solar panels, Otovo offers subscription services for customers to access renewable energy solutions. The company is well-capitalized, supported by prominent Scandinavian investment entities.

Space Norway

Funding Round in 2019
Space Norway formerly known Norsk Romsenter Eiendom, specializes in providing satellite mobile broadband coverage to civilian and military users in the Arctic. It has a disposal satellite-based communications capacity providing coverage of the Troll Research Station in Antarctica. The solution onboard the Thor 7 satellite has been developed in cooperation with Telenor. The company is driven by a mission to own and lease out space-related infrastructure, and to make other investments in space-related activities. Space Norway is also the owner of Statsat AS, a company that manages small satellites owned by the Norwegian state, such as AISSat-1 and -2 and Norsat-1 and -2. Space Norway was founded in 1995 as a subsidiary of the Norwegian Space Centre to operate as a vehicle for the Centre’s operational activities.

ePekebok

Venture Round in 2018
ePekebok AS develops a reading platform Lesemeister that gives students access to e-books from the Norwegian publishers. The platform enables readers get readpoints, read with and without sound, record and listen in own reading voice, and automatic reading log.

Nille AS

Acquisition in 2018
Nille AS is a discount retail chain based in Trollåsen, Norway, founded in 1981. The company specializes in a diverse range of products aimed primarily at women, including candles, napkins, birthday supplies, kitchen items, and textiles. Nille AS sells its products through both online and offline stores, catering to customers looking for affordable household items. As of April 27, 2018, it operates as a subsidiary of DNB ASA.

Chooose

Angel Round in 2017
Chooose AS, based in Oslo, Norway, specializes in providing climate compensation solutions for consumer-facing enterprises. The company offers a platform that integrates seamlessly into e-commerce checkouts and consumer applications, enabling businesses to offer high-impact climate action options to their customers. Chooose operates a marketplace for carbon credits and provides tools for emission calculations and carbon removal transactions. Established in 1997, the company has gained recognition for its innovative approach, being named Norway's startup of the year in 2017 and recognized as a top global tech startup by Sir Richard Branson and the Extreme Tech Challenge. In addition to its core services, Chooose also sells gift cards online.

NorSun

Debt Financing in 2009
NorSun is a Norwegian company specializing in manufacturing high-performance monocrystalline silicon ingots and wafers for the solar energy industry. With production facilities in Ã…rdal, Norway and Vantaa, Finland, NorSun's annual capacity exceeds 200 MWp. The company supplies leading solar cell manufacturers, focusing on quality and innovation.

Boliden Group

Boliden is a metals company committed to sustainable development, specializing in exploration, mining, smelting, and metals recycling. It operates six mining areas and five smelters across Sweden, Norway, Finland, and Ireland, employing approximately 5,500 people with an annual turnover of around SEK 40 billion. Boliden's primary products are zinc ingots, copper cathodes, lead ingots, and gold/silver granules, serving industrial customers in Europe.
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