DNV has joined a group of mission-driven companies as part of a European fund that has been launched by Energy Impact Partners (EIP), a global venture capital firm supporting the transition to a sustainable future.
EIP has €390 million to deploy in European investments to accelerate the growth of innovative technologies which have the potential to drive the transition towards net zero.
This arrangement will provide scope for DNV to increase its American operation through EIP’s established presence in North America.
Lucy Craig, director of growth, innovation and digital energy systems at DNV, says: ‘DNV will provide start-ups with insight into this highly dynamic field and will collaborate with our partners in EIP in investigating new topics within the energy sector.’
Contributions to the fund are drawn from a range of institutional investors, impact investors and corporates for varying industries.