# Scatec funding: rounds and investors

> Scatec has raised $217M across 1 round since 2026. Investors include European Investment Bank, European Bank for Reconstruction and Development and African...

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

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

# Who invested in *Scatec*

One round we have observed, with the 3 investors 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.

Cleantech Energy

Raised this month

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Funding summary Updated 7 Nov 2026

**$217M** raised across 1 round since 2026, from 1 source

- **Latest round:** Debt, $217M Nov 2026
- **Investors:** 3

See who backed them

## The rounds

- **Nov 2026** Debt **$217M** [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) [African Development Bank](https://millionrounds.com/fund/african-development-bank) Reported by Mercom Capital Group

## Everyone who backed them

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[European Bank for Reconstruction and Development](https://millionrounds.com/fund/ebrd) Private equity **1** round

[African Development Bank](https://millionrounds.com/fund/african-development-bank) VC firm **1** round

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

## Quick answers about Scatec

### Who invested in Scatec?

Scatec's investors include European Investment Bank, European Bank for Reconstruction and Development and African Development Bank.

### How much has Scatec raised?

Scatec has raised $217M across 1 round since 2026.

### When did Scatec last raise?

Scatec's most recent round was a Debt of $217M in Nov 2026.

### What was Scatec's biggest round?

Its most recent round, $217M in Nov 2026, is also its largest on record.

### Who backed Scatec first?

Scatec's first round on record, in Nov 2026, was backed by European Investment Bank, European Bank for Reconstruction and Development and African Development Bank.

### What stage is Scatec at?

Scatec's latest named round is a Debt, in Nov 2026.

### Where is Scatec based?

Scatec is based in Norway.

## Companies like Scatec

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

[**Otovo** $10M · Oct 2026](https://millionrounds.com/company/otovo)[**EQON** $6.3M · Jun 2026](https://millionrounds.com/company/eqon)[**HydrogenPro** $14M · Jun 2026](https://millionrounds.com/company/hydrogenpro)[**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Flocean** $23M · Nov 2025](https://millionrounds.com/company/flocean)[**Cartesian** Sept 2025](https://millionrounds.com/company/cartesian)

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