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Nordic Electrofuel

Nordic Electrofuel

Private
PorsgrunnEnergy & Sustainabilityhttps://nordicelectrofuel.no/

Last Round

Grant

Dec 1, 2025

Total Funding Raised

$45.1M

Company Overview

Nordic Electrofuel is a Norwegian sustainable energy company founded in 2015 that produces sustainable aviation fuel (e-SAF) from renewable energy, water, and CO2 using a Power-to-Liquid (PtL) pathway.

Sector

Energy & Sustainability

Verticals

Alternative Fuels, Carbon Capture, Renewable Energy, Sustainable Materials

Business Model

B2B

Customer Profile

Government Contracts

AI Layer

Non-AI

Keywords

sustainable aviation fuele-SAFpower-to-liquidPtLe-fuelsaviation decarbonizationsynthetic fuelscarbon-neutral fuelsdrop-in fuelsyncrudehard-to-abate decarbonizationsynthetic hydrocarbonscarbon capturegreen hydrogentechnology licensinge-dieselliquid electricity

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Nordic Electrofuel Comps

Public and private peers based on sector, stage, and business model.

Nordic Electrofuel comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Nordic Electrofuel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantDec 1, 2025
VC RoundMay 16, 2025
GrantJul 14, 2023

Key People

Founding team and executive leadership

Gunnar Holen

Chief Executive Officer

Executive Team

Bjørn Bringedal

CTO

Executive Team

Aina Ingebrigtsen Hegrestad

CFO

Executive Team

Nordic Electrofuel Investors

Notable investors and investment history

Nordic Electrofuel investors
InvestorRounds
Parkshore Holding GmbHVC Round
Innovation FundGrant
The Research Council of NorwayGrant

Nordic Electrofuel Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Nordic Electrofuel Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPorsgrunn
Employee Range16
Year Founded2015
Last FundingDec 1, 2025

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