# Akastor funding: rounds and investors

> Akastor has raised $31M across 1 round since 2023. Investors include Oceans. Every round with its source.

Source: https://millionrounds.com/company/akastor (Millionrounds; every figure on the page links to its filing or article)

Norway · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Akastor*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$31M** raised across 1 round since 2023, from 1 source

- **Latest round:** Debt, $31M Sept 2023
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2023** Debt **$31M** [Oceans](https://millionrounds.com/fund/oceans) Source recorded

## Founders and team

From Akastor's own website: 14 on the team.

- **Karl Erik Kjelstad** CEO
- **Øyvind Paaske** CFO
- **Jing Li Taklo** Head of Financial Reporting
- **Bruce Lethuillier** Investment Director
- **Christian Starberg** Senior Financial Controller
- **Eirik Thomassen** EVP & General Counsel
- **Eva Sagemo** Director
- **Frank O. Reite** Chairperson of the Board
- **Irina Adina Gherghel** Office Manager & EA
- **Kristin Blomberg Sveen** Senior Group Controller
- **Lone Fønss Schrøder** Deputy Chair
- **Luis Antonio G. Araujo** Director
- **Marius Bøhler** Investment Manager
- **Svein Oskar Stoknes** Director

## Everyone who backed them

[Oceans](https://millionrounds.com/fund/oceans) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=akastor).

## Quick answers about Akastor

### Who invested in Akastor?

Akastor's investors include Oceans.

### How much has Akastor raised?

Akastor has raised $31M across 1 round since 2023.

### When did Akastor last raise?

Akastor's most recent round was a Debt of $31M in Sept 2023.

### What was Akastor's biggest round?

Its most recent round, $31M in Sept 2023, is also its largest on record.

### Who backed Akastor first?

Akastor's first round on record, in Sept 2023, was backed by Oceans.

### What stage is Akastor at?

Akastor's latest named round is a Debt, in Sept 2023.

### Where is Akastor based?

Akastor is based in Norway.

## Companies like Akastor

In the same sector, and raised in the last eighteen months.

[**EQON** $6.3M · Jun 2026](https://millionrounds.com/company/eqon)[**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Cartesian** Sept 2025](https://millionrounds.com/company/cartesian)[**Cloudberry Clean Energy** $76K · May 2025](https://millionrounds.com/company/cloudberry-clean-energy)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)

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