# Scatec AS: portfolio, investments and team

> Scatec AS is a private equity based in Norway. 3 investments on record, latest Mar 2009. Portfolio, stages, co-investors and team.

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

Norway · [Investor](https://millionrounds.com/investors)

# Scatec AS

Last cheque observed Mar 2009. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Private equity

Series A Series B Growth Energy Greentech Environmental

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **6438** days **00** hrs **00** min **00** sec

Median round **$28M** Rounds led **0 of 3** Exits **2 from the portfolio**

Pitch Scatec AS

## Scatec AS highlights

- 01 3 rounds on record
- 02 Mostly Growth and Series A: 67% of its rounds
- 03 2 exits from the portfolio

## What they do

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Series A Series B Growth
- **Sectors:** Energy Greentech Environmental
- **Based in:** Oslo, Norway
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2009** 1 round
- **Mar** **[NorSun](https://millionrounds.com/company/norsun)** Growth · NO · in.reuters.com **$72M** With 2 others
- **2008** 1 round
- **Sept** **[Confluence Solar](https://millionrounds.com/company/confluence-solar)** Series A · US · pv-tech.org **$13M** With 2 others
- **2007** 1 round
- **Oct** **[Innovalight](https://millionrounds.com/company/innovalight)** Series C · US **$28M** With 6 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

We hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 5 we have independently watched raise

Norsk Titanium Nxt REEtec TEGma Thor Medical

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Confluence Solar](https://millionrounds.com/company/confluence-solar)** Bought by [GT Advanced Technologies](https://millionrounds.com/fund/gt-advanced-technologies) **Undisclosed** Aug 2011

**[Innovalight](https://millionrounds.com/company/innovalight)** Bought by DuPont **Undisclosed** Jul 2011

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series A Series B Growth

Median round joined **$28M** the round, not its cheque

Led 0 of 3 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Mar 2009
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Growth said *1*
- Series A said *1*
- Series C *1*
- Series B said *-*

Cheques by year Led Joined

2007 2009

Often in the room with

- [Convexa Capital Ventures](https://millionrounds.com/fund/convexa-capital-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as Scatec AS. A count of rooms they were both in, not a relationship either has claimed.

[**Convexa Capital Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/convexa-capital-ventures)

## Quick answers about Scatec AS

### What does Scatec AS invest in?

Scatec AS invests most often at Growth and Series A (67% of the rounds on record), in sectors such as Energy, Greentech and Environmental.

### How active is Scatec AS?

3 investments on record, 0 of them in the last 12 months. The most recent was in Mar 2009.

### How big are Scatec AS's cheques?

The median round it joins is $28M.

### Is Scatec AS investing now?

No investments in the last 12 months; the latest was in Mar 2009.

### Who does Scatec AS invest alongside?

Most often Convexa Capital Ventures (2 rounds together).

### What kind of investor is Scatec AS?

Scatec AS is a private equity firm based in Oslo, Norway.

### When was Scatec AS founded?

Scatec AS was founded in 1987.

### Where does this information on Scatec AS come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=scatec-as) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=scatec-as)
